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- Describe how you use your retail space–inventory, merchandising display, office support functions.
- What is your revenue per square foot?
- How about your gross profit margin per square foot?
- What is your cost per square foot of space?
- How much inventory will you carry?
- How quickly will you turn over your inventory–daily, weekly?
- What is your market niche–lower prices, better quality, wider selection, convenient location or hours of operation?
- Which of your product’s sales will be most volatile and why–seasonal, fad, competitors’ under-cutting pricing strategies?
- What customer services will you offer–credit terms, delivery service, discounts or coupons, rain cheques, returns and refunds, special orders, children’s area?
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