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> store setup
store setup
Planning and Design
Define store concept and target market
Determine store location and lease terms
Create a store layout and design plan
Select color scheme and branding elements
Develop a fixture and equipment list
Inventory and Suppliers
Research and select suppliers/vendors
Order initial inventory stock
Set up inventory management system
Organize inventory storage area
Create pricing strategy for products
Legal and Financial
Register business name and obtain licenses
Set up business bank account
Establish accounting and bookkeeping processes
Obtain necessary insurance coverage
Create a budget and financial projections
Store Setup and Merchandising
Install fixtures, displays, and signage
Arrange merchandise on the sales floor
Set up point-of-sale (POS) system
Test lighting and ambiance
Create promotional displays and signage
Staffing and Training
Hire staff and define roles
Develop employee training program
Create staff schedules
Set up payroll system
Establish customer service policies
Marketing and Launch
Develop marketing and advertising plan
Create social media profiles
Plan and execute a grand opening event
Distribute promotional materials
Gather feedback and adjust strategy as needed
Ongoing Operations
Implement daily operational procedures
Monitor inventory levels and reorder stock
Regularly review financial performance
Continuously update marketing efforts
Schedule regular staff training and evaluations
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