Retail in Detail: How to Start and Manage a Small Retail Business (Psi Successful Business Library) [Paperback]

Ronald L. Bond (Author), Linda Pinkham (Editor)

Book Description

Series: Psi Successful Business Library | Publication Date: May 1, 1996

Retail in Detail is a hands-on guide in practical, down-to-earth language. Even someone who has never been in business before can use it to great advantage. Written with warmth and humor, the book is aimed at anyone seeking a satisfying career in a retail business.

Retail in Detail addresses such fundamental issues as:
* Best and worst aspects of retailing
* Specific site selection
* Naming your store
* The store decor
* Damage policies
* Pricing policies
* Paying your bills
* Computerizing your books
* Managing your inventory system

Each chapter ends with successful strategies that are full of advice, useful tips and ideas to reflect upon. Retail in Detail also provides worksheets and samples, including:
* Monthly expense worksheet
* Budget worksheets for market purchases
* Daily cash reconciliation worksheet
* Inventory stock record

In addition, you will find a glossary of terms, an extensive publications list, and a list of locations of major wholesale market centers, exhibition companies, and trade associations.

Editorial Reviews

Review

Instead of focusing on economic theories and obscure business concepts, Retail In Detail is a step-by-step guide addressing the commonplace, daily problems of retail operations like: choosing a product line, the ins and outs of wholesale markets, pricing and credit policies, inventory tracking and using computers, employee relations, store location, store image, and merchandise displays. Retail In Detail provides worksheets and samples including monthly expenses worksheets, buying budget for market, daily cash reconciliation worksheet, and a inventory stock record. In addition there is a glossary of terms, an extensive publications list, and locations of major wholesale market centers, exhibition companies, and trade associations. Retail In Detail will give the aspiring entrepreneur a much needed basis from which to launch his or her enterprise. Sound, sage, productive advice, which if followed carefully, will enhance the odds of success for any new business. -- Midwest Book Review

From the Publisher

Covers all the steps of planning, opening, and managing a retail store of your own, beginning with an honest assessment of whether you are really suited to running a business. Contains practical information on planning a store opening, from selecting a product line and hiring employees to buying an initial inventory and obtaining the required permits, licenses, and tax numbers. Real information you can apply to your retail business today.

See all Editorial Reviews

Product Details

• Paperback: 170 pages
• Publisher: Oasis Pr; 1st edition (May 1, 1996)
• Language: English
• ISBN-10: 1555713718
• ISBN-13: 978-1555713713
• Product Dimensions: 9 x 6 x 0.5 inches
• Shipping Weight: 9.6 ounces
• Average Customer Review: 3.2 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #3,501,467 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

26 of 27 people found the following review helpful:

4.0 out of 5 stars Retail in Detail, very informative!, May 23, 2000

By A Customer

This review is from: Retail in Detail: How to Start and Manage a Small Retail Business (Psi Successful Business Library) (Paperback)

Retail in Detail, How to start and manage a small retail business, was the most informative book I have read to date. In all the information out there to help you decide what to do and when, it gets a bit overwhelming. This book broke down very important points and explains them in detail. Other areas are hit lightly but you are given a variety of other areas of interest to answer them whether it is another book, etc. I will keep this with me for a long time.

18 of 20 people found the following review helpful:

4.0 out of 5 stars Good Info, November 14, 2000

By A Customer

This review is from: Retail in Detail: How to Start and Manage a Small Retail Business (Psi Successful Business Library) (Paperback)

I am thinking about starting my own small business & found this book to contain very good info about what to do & even more important what not to do. Gives both the pros & cons of starting your own business in a enjoyable reading style but does not sugar coat the difficulties involved. I found lots of helpful info about who to contact & where to go to get both additional info & purchasing wholesale.

3 of 3 people found the following review helpful:

2.0 out of 5 stars Lacking in substance, August 19, 2004

By 

Business (Los Angeles, CA, United States) - See all my reviews
(REAL NAME)   

This review is from: Retail in Detail : How to Start and Manage a Small Retail Business (Paperback)

I found this book dissapointing for the following reasons:

The author's only experience in retail was in giftware so he hardly mentioned examples from other industries.
There is little mention of sales techniques (vital to success in today's competitive environment) nor little advise on how to wow your customers with extraordinary service.
The book offered little advise on which types of people you should employ - and how they should be trained to maximise your customer's shopping experience and your company's profitability.

If you are looking for a book to inspire you - rather look at Retail Success.