How To Start a Successful Retail Business

Ever wondered how to start a successful retail business? I fully believe that the future of retail is bright - in fact 99% of the start-up retailers I work with are cash flow positive in the first year - including paying the owner and starting loan paybacks! But no one dreams of starting or running a struggling business, right?

In this video I share my top 10 strategies needed to have retail success right now!

There is no doubt that retail can be a BIG challenge - I learned that the hard way with my own three stores. Especially so if you don’t have specific key skills necessary to succeed.

So let’s dig into what you need to know to start a successful retail business in today’s climate!

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💰 4 steps to increase your sales so you can consistently pay yourself and your staff ⇒

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🔔 SUBSCRIBE so you don’t miss the cutting edge retail tips, tools and strategies that will help you improve your profits and get better sleep!

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[retailmavens]

Learn how to increase sales consistently and sustainably so you can pay yourself and your team in my free training:

[rqejdho]

Great video thank you 1. i made mistake of buying too much inventory first year expecting turnover to grow but it stayed the same and i was left with too many expenses to pay. Grow with your customer base, it takes time, patience, be cohesive, be there for your customers, build relationships/friendships. You become the rock for the community. 2. Write tasks for staff otherwise they just revert to being on their phone

[y.swedi]

Your smile is satisfying. Great contents, Thank you

[hangtimeboardshop]

You nailed it here. Can't wait to keep watching and learning more from you!

[celiadoxon]

Hi! So glad that retail mavens is on my radar! Do you edit your own videos? So nicely done

[angelsanchezfamily]

Lady, Good video, great Job, congratulation and God bless you and Family🙏🏽👍🏼

[GeekBoZ]

Great video maam
Thanks for sharing your experiences over the year,
This video will help young entrepreneurs who plan to start a retail store in 2022
, love from INDIA 🇮🇳

[sansdear]

Tai ji bhut accha sa btya apna nice nmsta

[hudsonwade]

I’m 17 looking to start a new life and reset, I live in Michigan and there’s a very popular brand “life is good”
There’s no stores in Michigan which is so surprising and I think it would be such a huge change and it would be the new thing… I can bring people in and I have some experience of running a store at my school I was the ceo and I would make schedules, change prices, and we would make about 320 dollars a day in profit with 600 in sales!!

[DayanaLimonte]

Hi! This video is awesome! Thank you so much. How could I get some help from you to plan my drapery store?
Looking forward to hearing from you.
Kind regards.

[kenrubman]

My wife and I are opening a Fashion Boutique in Miami Beach. Our goal is to have all items barcoded and when the the barcode is scanned it brings up the price and picture of item (to stop tag switching). And, I want to use the same Inventory system to track our online store. Can you suggest an inventory system? Or where I can start to look? Help. Please

[PacificallyYours]

Our issue is we found a mixed real estate perfect location. Perfect home section. But can’t get into it because it needs to be quickly bought and residential loans aren’t working for it. And owner can’t wait months for it. And my business is art and I have people ready to consign through it too. Just stuck with what do I do now besides walk away.

[Themajesticloot]

Do you have any advice on finding the funds to open a retail store? Thanks.

[qrsqkoq]

My husband and I are in the process of buying a building with 5 store fronts. The owners have a established store which has been there for many years. I am thinking of keeping and running that store myself. Any tips on buying an already established business?

[erricchambers]

I want to start a shoe store do you have a video for people who have no idea what they are doing I guess like a beginners guide

[xktfpoc]

are there any grants out there, that I can get to jump start my Inventory?

[jamesemmanuel]

I want to start a retail business but how can I get goods direct from factory with a minimum wage

[zahradelikhoon]

How do we contact suppliers ?
Im struggling in this area

[lequiaa]

I’m contemplating getting a different job so that I can withdrawn my small retirement to invest in this. And work my butt off. Crazy?

[xanderpiatt]

How would start own a successful retail sporting goods store.