Small businesses dominate the retail business. While big companies such as Walmart, Nordstrom, Best Buy, Bloomingdale’s, and others fill the business headlines, about ninety-five percent of retailers in the United States only have one store outlet. The face of retailing is changing, and no one is more affected by these changes than small independent retailers. Small … [Read more...] about 8 Trends in Small Business Retailing
Business Types
Charting the Course of Retail Analytics: Examining Shopper Behavior with Indoor Mapping for Enhanced Store Layouts
Many critical components develop the relationship between shoppers and the products they buy. What might appear to be a well-organized display that “match makes” the customer with a product is, in actuality, the end result of hours of meticulous planning, data crunching, and research carried out by stores and employees as a result of communication, timing, and yet more … [Read more...] about Charting the Course of Retail Analytics: Examining Shopper Behavior with Indoor Mapping for Enhanced Store Layouts
Using Subscriptions For Your Service Business
Subscription models are ideal for online businesses selling physical products. In fact, the subscription gift box industry grew from a paltry $57 million in revenue to a whopping $2.6 billion in the span of just 5 years. Furthermore, specialty subscription boxes and product services have exploded by over 100% each year over the last few years. But what if you don’t have a … [Read more...] about Using Subscriptions For Your Service Business
Types of Business Entities and Its Pros and Cons
Before starting a business, we need to understand how a typical business runs. One of the key concepts to understand is the business entities. It is how your business would be organized and controlled with your desired business structure, from which it will be determined whether you want it to be run by yourself alone, or with the cooperation of several partners. Each … [Read more...] about Types of Business Entities and Its Pros and Cons
Simple Steps for Getting into CBD Wholesale
In this write-up, you are going to discover how easy it is to start selling wholesale CBD. The CBD industry's wealth has brought about more competition, allowing all cannabidiol providers to get a slice of the cake. If you are a business-minded individual looking to venture into a potentially exciting and profitable cannabis business, you need to provide the best bulk … [Read more...] about Simple Steps for Getting into CBD Wholesale