The Ultimate Checklist for Starting a New Retail Business

Thinking of opening your own shop? Congratulations! Here's a step-by-step checklist to help.

Phase 1: Planning & Legal

• [ ] Write a Business Plan
• [ ] Choose a Business Structure
• [ ] Register Your Business & Get Licenses
• [ ] Secure Funding
• [ ] Find a Location (Physical or Online)

Phase 2: Sourcing & Setup

• [ ] Find Reliable Suppliers
• [ ] Design Your Store Layout or Website
• [ ] Set Up Your POS & Inventory System (like the Business Portal)
• [ ] Purchase Initial Inventory

Phase 3: Marketing & Launch

• [ ] Build an Online Presence (Social Media, etc.)
• [ ] Plan a Grand Opening Campaign
• [ ] Hire & Train Staff
• [ ] Open for Business!