Many store owners feel like they’re “working” all the time. They’re constantly thinking about inventory, sales, marketing, and more. It can be easy to forget why you got into this business in the first place. But it’s important to remember that passion is what drives successful businesses. If you’re not passionate about what you’re doing, Read More …
Are you thinking of starting your own consignment store? Running this kind of business can be a profitable experience, but there is much to consider before you begin selling items that belong to others. Bring your ideas into focus by putting together a detailed plan for your future dream. Start by deciding what kind of Read More …
The “shelter in place” and “safer at home” orders that swept the nation in response to the COVID-19 crisis have almost certainly helped to save lives and slow the spread of infection, but these measures have also left businesses in a lurch. Luckily, we seem to be coming around the bend, as states begin to Read More …
There are currently 33 states where medical marijuana is legal, and it is now legal for adults age 21+ to use marijuana recreationally in 10 states and Washington, D.C. This is opening new doors for entrepreneurs interested in launching retail dispensaries. Of course, there’s a lot more to selling CBD, marijuana, and related goods than Read More …
The days of rum-running or bootlegging moonshine have long since passed. The end of prohibition may have legalized liquor sales, but it also brought about a laundry list of regulations that must be followed if you plan to engage in liquor sales of any kind. Owning and operating a liquor store could bring you a Read More …
Owning and operating a business is a dream for many. If you’ve spent years in careful planning, you may finally find yourself in a position to open your own retail store. Congratulations on taking the leap and becoming your own boss! Now what? Even with a solid background in the industry in which you plan Read More …
A grand opening is an opportunity for your retail store to make a splash, grab attention, and wow customers. You want to make a big impression on the community, so you can bring in customers and encourage ongoing patronage and trusted referrals. To get the most out of your grand opening, it’s important to prepare Read More …
Starting a new apparel business is often exciting and challenging at the same time. If you are like most startups, you are trying to figure out how to outfit your retail space tastefully and economically. Fixtures and equipment run the gamut of quality and price. You want durability and style, but what do you actually Read More …
Vaping is an industry that is on fire. Currently, there are between 6,000 and 7,000 vape shops in the U.S.—not counting smoke shops, convenience stores and other hybrid outlets that also sell vape products. This number is not expected to shrink anytime soon. Distilling the Numbers As the number of tobacco smokers continues to decline, Read More …
In 2006, Sherry Redwine opened Odyssey Pets, a pet supply company that offers pet supplies as well as grooming, boarding and daycare in Dallas, TX. When she first decided to open Odyssey Pets she wanted to fill the gap between big box stores and the dying breed of mom and pop pet stores. Sherry has Read More …