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A Quick Guide to Expanding Your Online Business Into a Retail Company

Joseph Lalonde

Prepare Your Finances and Analyze the Market: Before opening a retail store, you will need to analyze the market and prepare your finances. You may need to secure additional financing from lenders or investors in order to cover the costs associated with opening a retail location.

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Brilliant Boutique: 10 Keys To Lasting Small Business Success

Terry Starbucker

They wanted a place where they could actually see the merchandise, and have a more edited and curated selection so it was easy for them to choose. You can do it without outside financing. We financed it with personal loans – just a little credit and a little faith. Did they need skirts, are they working, are they moms?

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Value for your Community

Women on Business

Get the help, support, counseling, and financing you need to get your idea to market. In my web design and development business, we work with many budding entrepreneurs and we help them understand what they can sell on the website, beyond information. Either way, you’ll know for sure. photo by Mr.

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Performance Measurement

Strategy Driven

Value: The Four Cornerstones of Corporate Finance by Tim Koller. While you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out. Discusses the four foundational principles of corporate finance.

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Many CEOs Aren’t Breakthrough Innovators (and That’s OK)

Harvard Business Review

However, CEOs often don’t have the career background and education that would equip them to personally lead the process of new product development. This would mean, for example, working in R&D to lead pharma innovation, new product development for high tech, and product design or merchandising for fashion retail.

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Groupon Doomed by Too Much of a Good Thing

Harvard Business Review

Such a strategy limits an early venture's funding in order to force the business to develop a profitable business model and then invests heavily in growth once such a model is identified — Christensen terms such investments "good money" for incubating growth businesses and extols the strategy for three reasons.

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How to Innovate When You're Not the Big Boss

Harvard Business Review

Fortunately, demonstrating your skills in this area doesn't demand that you singlehandedly develop a new breakthrough product or revise the company's overall business model. Senior-level decision makers aren't looking for someone at your level to make "roll the dice" bets that can have a significant negative impact on company performance.