5 Things You Need in Putting Up A Small Retail Store

If you will put up a new store you will need these five things.

1. Capital – This refers to the amount of money to be spent in order to put up the store. The amount needed depends on how big the store is. The smaller the store, the smaller the capital needed.

2. Goods or commodities to sell – Goods or commodities are the different things that you put in your store for sale. One good characteristics of a store owner is that he/she knows his/her customers need.

3. Equipment and facilities – In order to operate a store effectively, cabinets, tables, chairs, benches and shelves are needed.

4. Site - This is where the store is to be located. It is always good to put up a store in very strategic places like an intersection of two streets. Some small retail stores, though, are located in the homes of the owners. The backyard or a part of the house nearest to the street which people can easily reach is used.

5. Pleasing personality – One needs a pleasing character in order to run a retail store. A successful store owner is one who is patient, honest, friendly and knows how to relate with people who buy in his/her store.