There are many of individuals who are recently venturing in this business opportunity. An hardware store is a business which requires commitment and a good reputation for your business. It's one of the most profitable business which as an entrepreneur you can start with ease and start making good returns at the end of your accounting period. Are you aware of the strategies of starting a successful profitable business opportunity? Here you're, the following are some of the proven strategies well articulated.
1.As an entrepreneur you need to know well your customers, this means that you identify what you customers want before purchasing your stock, you should be very friendly and offer after sale services to your customers.
2.An entrepreneur should always have a business plan before thinking to commence any business.You should always know the amount of money you wish to spend as a startup capital. Remember that, according to Researchers, the best minimum capital to start a well stocked hardware store is around Ksh 500000.
3.Your business should be easily accessible, with a good pricing policy including all the discounts attached to your products to ensure a good way of analyzing the products.
4.An entrepreneur will need to create a cost effective marketing program which provides a quick way of advertising your products through various social media websites such as Facebook,Twitter, whatsapp among other advertising platforms.
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