article thumbnail

From Planning to Launch: 8 things You’ll Need to Start a Brick and Mortar Business

Strategy Driven

The business owner should also find dependable suppliers for their merchandise or equipment to help them perform the service their business supplies. Every kind of business from accounting, to medical, to merchandise, to plumbing, electrical, building contracting, or foodservice needs the right supplies delivered as they are needed.

Planning 123
article thumbnail

Reinvent Your Company by Reassessing Its Strengths

Harvard Business Review

Frito-Lay’s direct-to-store delivery capability, Inditex’s fast-fashion supply chain, and Toyota’s production system took years to hone into true sources of enterprise differentiation. But the capabilities — from merchandising to managing store staff and operating the supply chain — are very different for a small-store format.

article thumbnail

How Software Is Helping Big Companies Dominate

Harvard Business Review

Walmart went from a 3% share of the general merchandise retail market in 1982 to over 50% today. The business model was to write the software and then sell licenses to publishers. Vox does license its software to some other companies (so far, mostly non-competitors), but it is itself a publisher. IT Does Matter.