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Updated by Kyle Hunt on Sep 30, 2014
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Kyle Hunt Kyle Hunt
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5 Tips When Setting Up Shop

Entrepreneurship is a difficult yet rewarding occupation. There are many challenges involved with starting a new business, like thinking of a good product or service, finding a place to start, and determining a target segment to market to, not to mention the red tape involved with the government when starting up. Assuming you have gone through the process of licensing and insurance and so forth, it is time to consider the aesthetics of your business. Here are some tips on what to do when setting up shop.

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1

Find a prime location

Find a prime location

Even the best business will fail if customers don’t make it to the store. Finding a good location for your business is extremely important, especially if you’re into selling goods or running a restaurant. Many restaurants fail because it is too difficult or inconvenient to find them. Yet, if the service and product are good enough, customers will go out of their way to get it. Nonetheless, playing it safe with a good location is a wise choice.

2

Take exterior decoration seriously

Take exterior decoration seriously

Some small things can make a big difference, like a canopy awning. A well placed canopy awning serves several functions: it looks stylish, it adds a unique flavor to the building, and it protects customers from inclement weather. Other awnings like shades over the windows can make a difference for the people inside the building. Tinted windows and bright paint on the building can also draw more customers. These things may seem miniscule, but even a canopy awning can sell it to a customer.

3

Design a cool logo

Design a cool logo

Graphic designers are in high demand because of their creative talents. Hiring one to design a unique sign or logo for your shop is a wise investment because it adds both legitimacy and uniqueness to your business. A big, fancy sign out front will tell customers that you’re successful enough to be creative, even if you’re just starting out, and will subsequently draw them in.

4

Create a unique environment

Create a unique environment

Decorating the interior is just as important as the exterior. People innately like plays on a motif, or a theme, when they are looking for a good experience. A restaurant benefits greatly from thoughtful themed décor, but they are not the only ones that can do so. Shops and supermarkets also have the capacity to create a unique experience for customers through decoration, all it takes is a little motivation and inspiration.

5

Remember the customer experience

Remember the customer experience

The businesses that survive provide customers with goods or services, while the businesses that thrive provide experience. Effective customer service adds to satisfaction, while a unique product or service adds to experience. Apple sells unique products in their unique store layout, providing both service and experience at the same time. The innovative entrepreneur will find a way to combine décor, location, and service to create experience.

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