Getting Started in Today's World of Retail

Even today, many aspiring retailers will start their first location on a shoestring. With marginal support, systems and information management, approximately 50% of all new retailers will not succeed in the long term.

Limited financial and operational support plagues many small retailers and therefore most of the products and systems that can make them successful are not available or affordable by the evolving retailer. If the single store retailer is lucky enough to prosper and open more locations, the lack of systems and structure will compound the problems.

The Retail Institute is dedicated to the support and success of the small to medium sized evolving retailer. Our products are the culmination of over 30 years of retail experience blended with modern trends and concepts to maximize success.

We've made our products not only affordable for smaller retailers, but store managers themselves who want to become better merchants within their current organizations.

As a start, we recommend these key products from the very start of any retail entity:

1. The Employee Profile Hiring System: The staff you hire from the outset will make or break your store. This system enables you to determine the profile of all potential store employees and test them for fit and compatability as a retail salesperson.
2. The Retail Equation for Store Managers: Whether you plan on running your first store by yourself or hiring a store manager, this course will train and prepare the decision maker to succeed in a hyper-competitive market. The course will become even more critical to your success as you grow into multi store locations.
3. The Retail Equation for Corporate Leaders: This course is a powerful companion to The Retail Equation for Store Managers. It is strategic and design in nature and combines progressive concepts with successful store execution of a structure corporate plan. This course ensures that both Support Office and Stores are co-ordinated and successful.

As your company grows and evolves, other products that will enhance your operation include:

• Retail Operations Manual - Excellence and Effectiveness
• Store Operations & Loss Prevention Store Audit Form

Review all of our other affordable retail products that will help guarantee you growth and prosperity in your retail venture.