Thursday, 22 September 2011

Starting your own Retail Business


Is it your plan to get your foot in the door of the UK's extremely profitable retail sector with your own retail business? A 'one-stop-shop' of advice, information, goods and services to help you get your new business off the ground - or take your current business to the next level - awaits you at Start Your Own Retail Business.
Start Your Own Retail Business is part of a series of new features that have been introduced to The Business Startup Show, to celebrate the 25th show on the 19th and 20th of May, 2011.
Start Your Own Retail Business will have its own dedicated area at The Business Startup Show, existing as an ‘exhibition within an exhibition’.
The retail industry is vast, and within it there exists a type of business to suit every budding business person’s interests and aspirations, from cornerstore ‘fruit n veg’ shops, to large scale supermarket chains, fashion boutiques, antique shops, hi-fi and home entertainment stores, plant nurseries and petrol stations.
According to a report commissioned by the Department of Trade and Industry in 2003, retail sales topped £221 billion in the UK, employing around three million people and making up around 12% of the entire UK economy. If you are ready to reap the rewards of the retail sector, you need to attend Start Your Own Retail Business, to give your business its best chance of success.
As with starting any business, it is critical to do your homework before going in. Make sure you’ve researched the market before making a financial commitment. The most attractive shopfront, the best work ethic, and the most impressive website will not get you anywhere if the public simply does not want or need your products. Are you aware of the legalities surrounding trading in the retail industry? Have you prepared a realistic budget for your premises’ exterior and interior design? Are you going to be the owner/operator, or can you afford to pay staff? Do your business premises comply with all building regulations? How will you keep your premises secure? There is much to think about.
If you are serious about going into this industry, a visit to Start Your Own Retail Business should be high up on your priority list. There will be information and advice available about every type of retail business. Don’t miss this opportunity to pick the brains of retail industry experts, make important contacts, and view the latest innovations in the industry, including point of sale technology and shop fitting supplies.
If you are starting your own retail business, or if you like to learn how to take your current retail business to the next level, make sure you attend Start Your Own Retail Business at The Business Startup Show.

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