Zoning laws, also known as zoning ordinances, define 1) what types of land use is allowed for a given area and 2) building regulations such as maximum building size or the need for fire escapes. If you’re starting a business, you need to be familiar with the zoning laws that cover your building and area….
All Retail Articles - Page 11
7 Things Retailers Can Learn from The Apple Store
If you want to be the best, you have to learn from the best. In the retail business, there’s no one better than Apple. According to recent data released by eMarketer and CoStar, Apple remains the top retailer in the sales per square foot category, earning $5,546 per square foot of retail space! Apple’s new…
How to Offer Power Tool Financing at Your Hardware Store
Power tool financing is offered by hardware stores to help consumers buy upgraded tools or add high-margin accessories to their purchases for large home projects. Customer financing is important to offer because the larger chains you compete with have their own financing programs. Financing can increase the number of purchases made and the average order…
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5 Steps to Reduce Retail Theft & Shoplifting In Your Business
U.S. businesses lose around $60 billion annually to retail shrinkage. The vast majority of the losses are attributable to retail theft. Before your business can stop shoplifting and reduce shrinkage, you need to implement careful inventory management. Once that’s in place, there are a number of affordable ways to reduce retail theft at your business….
2018 Geek Squad Prices, Rates, Services & Alternatives
Geek Squad pricing ranges between $39.99 to $329.99 per individual service and $24.99 to $49.99 per user per month for a service plan. Each user can have multiple devices. If your small business doesn’t have IT support on staff, you can use Geek Squad (a service run by Best Buy) for help with software installation,…
Small Business Inventory Management – The Ultimate Guide
Small business inventory management provides up to the minute data on current stock levels, inbound stock, and connects your key financials like sales and cost of goods sold. This data is critical to fine-tuning profits, cutting losses, and spotting theft and inefficiencies. In this article, we’ll show you how to get your inventory organized and…
Top 10 Retail Analytics Every Store Needs to Measure
Retail analytics delivers the data behind every transaction and interaction that happens in your store. Metrics like sales per square foot, gross margin, foot traffic, walk-in rate, and comparable sales growth tell the story of your store and help you make profitable decisions. Retailers turn to point-of-sale (POS) systems to track 10 key analytics points…
25 Creative Christmas Display Ideas & Examples
For retailers, the jingle of the cash register bell is merry and bright during the holiday season. This is the time of year when many businesses make the majority of their sales, and shoppers flood local shops and malls to find the perfect gift. A joyful and eye-catching window display encourages shoppers to enter the…
How To Determine Foot Traffic & Use Data To Pick a Business Location
Choosing a location: Your gut can tell you a hundred reasons why one spot is better than another. But at the end of the day, you just want to know one thing: Which spot will bring more customers? Foot traffic is the number of people passing by a business on a given day. Measuring this…
Storefront Signs – How to Choose the Right Sign For Your Business
A storefront sign gives your store a good first impression and ensures that people can see your business day or night. There are various options in terms of materials, size, and design. Because your signage is one of the first things a potential customer sees, you must choose one that reflects your brand, products, and…
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How to Price a Product – The Ultimate Product Pricing Strategy Guide for Small Businesses
Deciding how to price a product can mean the difference between success and failure for your small business. Price items too high and no one will buy, too low and you’ll struggle or even lose money. Pricing strategies are a mix of art and science, but the whole process can be streamlined into 3 primary…
6 Best Security Cameras 2018
We did the research and spoke to professionals in the security industry to help bring you everything you need to know to choose the best security cameras for your business. Below, we cover security cameras and security camera systems that you (or a contractor) can install yourself. They do not include having an alarm system or…
