Activity visit a small shop or a big shopping mall and find out the reasons for why profit is important to them Pls show this Answer
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Answer:
The first step to opening a retail store is coming up with your idea and developing a business plan.
Choose a name for your retail store
Cover your legal basics
Find the right location
1.Create a personalized experience
2.Build vendor relationships
3.Explore marketing opportunities
4.Plan for a grand opening
5.The bottom line
To open a retail store, you should first narrow down your target audience. Once you decide who you're selling to and what you're selling to them, start looking for a location and checking off legal requirements. Upon finding a location and fulfilling legal and financial obligations, look at different marketing channels that might work best for your business. Plan a grand opening, and your retail operation will be open for business.