How Do You Start A Shoe Retail Business?
According to Research and Markets, a market research company, in 2006, there were more than 30,000 retail shoe stores in the United States. Americans are big shoe consumers, particularly when it comes to athletic and women’s shoes. While a popular market may prove lucrative to a committed entrepreneur interested in starting a shoe business, it may also prove to be fiercely competitive. To compete, you must identify a niche, demonstrate excellent customer service, offer competitive prices and stand out from other retailers. Visit your local tax commission office and incorporate your business. Then obtain a Sales Tax permit, a building or occupancy permit, a federal tax identification number and a business license, if your state requires it. Find out what federal or state signs must be posted in your back room, such as minimum wage or employment laws. Find the location for your shoe store. Contact mall management and ask about vacancies. Frequent strip malls and shopping centers for vaca
