Too much inventory ties up critical cash for your business. The key is to find the right price to move your merchandise. Slow moving items take up space and cash that could be used for more profitable items.
Why open up a retail store?
Retailing is growing and growing fast. As one of the nation’s largest sectors, the retail industry provides a wealth of opportunity to people who have the desire to forge their own path to success. One-third of the 500,000 or so new businesses created each year are retail businesses. The entrepreneurs risk their hard earned capital, dedicate their resources and make a life out of offering consumers something they need or want.