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What do you need to have in place to have a solid business? What would you need to have in place should you decide to sell your business?
“But I’ll never sell! This is my passion!”
Never say never. Sometimes opportunities present themselves out of nowhere or situations arise, and you never know when you may need to pivot.
There are four key areas that ALL shop owners need to have organized and under control. Today we are discussing your finances, systems, reputation, and growing your customer list. All of these are avenues to being able to sell, franchise, or expand your business.
Making sure these KEY foundational systems are in place will demonstrate professionalism, show growth, and bring bigger opportunities your way. It will also give you total control by understanding the back end of your business and proving that it is viable and healthy.
So grab your coffee and a pencil and take some serious notes on how to be a true CEO and prepare for any opportunities that may arise!
A quote for you to take away…
“You want your retail business to be in a good, professional, viable, and healthy position at all times” – Wendy Batten
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This podcast is sponsored by my Retailer’s Inner Circle:
If you’re like many creative retailers I know, you’ve gone online for business information or support, but the info you find doesn’t apply to a physical brick-and-mortar store or a creative retail shop. You’re searching for help and answers because you’re heart-centered first, you’re worn out wearing ALL the hats, or maybe your marketing is a little messy.
You love your brick-and-mortar store but you feel it has taken over every aspect of your life!
Ready for a community custom-made for you?
If you are interested in joining our community you can sign up for our waitlist! Doors to the Inner Circle will open again soon! Join the waitlist here.
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Thanks for tuning into this week’s episode of the Creative Shop Talk Podcast. If you enjoyed this episode, please head over to Apple Podcasts or Google Podcast to subscribe to the show and leave your honest review. For more great content and helpful tips to grow your creative retail shop, visit our website. Follow us on Facebook and Instagram, subscribe on YouTube, and don’t forget to share your favorite episodes with other creative retailers.
The Shop Owner’s Game Plan
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If you’re a heart centered shop owner wondering what to do next in your retail biz, this is your game plan!
It has my 7 key business foundations and action steps for you to put into action to grow your retail business and position your store as the go-to in your market.