What approaches can aid starting a retail store with little capital investment?

0 votes
by (120 points)
Has anyone here been so brave to venture into the retail industry while hardly having any funds? What strategies did you employ to pull it off?

1 Answer

+1 vote
by (1.7k points)
Establishing a retail store on a shoestring budget is an uphill task but not impossible. The critical steps are formulating an all-encompassing business strategy, testing the waters on potential customers to ascertain the business idea, and expanding potentials for funding, be it through banks or crowdfunding. One needs to be innovative and tenacious since getting the first investment is likely to be challenging knock in order to proceed with the business strategy and plans.
by (100 points)
How did you start your stores when you were really young? Did you allow Investors to acquire your Securites and leftover Equities, or was it traditional earned income credit that assisted in your Business from the start?
by (110 points)
I reckon that it would be hard for the youngsters.
All the old people buy up all the shops, warehouses, and stuff so the price keeps going up.
While youngsters can't afford anything.
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