Retail in Detail: How to Start and Manage a Small Retail Business Ronald L. Bond
It is estimated that nearly 70,000 retail businesses are started a year. Retail in Detail takes you through all the steps of planning, opening, and managing a retail store of your own, beginning with an honest assessment of whether you are really suited to be running a business. Instead of focusing on economic theories and obscure business concepts, this guide addresses daily problems of store operations such as: the ins and outs of wholesale markets; pricing and credit policies; inventory tracking and using computers; employee relations; store location, image, and merchandise displays; retailing on the Internet; and selling your business. Retail in Detail also provides sample worksheets and tables: monthly expenses chart; buying budget P/L statement; and inventory stock car. It includes a glossary of terms, a retail publications list, and locations of major wholesale market centers.