If you’re a frequent restaurant patron, you might’ve imagined opening up your own establishment or at least had a brief discussion with your friends about the income a restaurant could generate each month. However, not everyone takes the step to actually follow through on this idea to open their dream restaurant. If you are one of the few who took the leap to start a restaurant business and want to create the perfect restaurant business plan, you are in the right place. This guide will give you a clear picture of how to write a restaurant business plan. What is a restaurant business plan and ..read more

Step behind the scenes of your favourite grocery store where a captivating yet intricate dance unfolds: the grocery supply chain. Pull back the curtain and explore the complexities of the grocery supply chain, including why it is vital, how it works, the challenges it faces, and transformative tips to keep your shopping experience smooth and satisfying. What is a grocery store supply chain? The grocery store supply chain operates like a relay race, involving interactions with product makers, stock management, and distribution center coordination. It’s a collective effort to ensure a seamless ..read more

In the complex landscape of running a business, navigating the seas of business compliance and taxation can be daunting, and it often weaves its way into every transaction, sale, and service rendered. Whether you’re a budding entrepreneur or a seasoned business owner, understanding the ins and outs of Goods and Services Tax (GST) registration is pivotal for your company’s success. This guide will help you demystify the process and give you the knowledge you need to navigate this essential aspect of your business journey confidently. What is GST registration? Why is GST registration ..read more

Over-the-counter sales are not the only mode of buying these days. Consumers prefer placing by telephone, WhatsApp, an online ordering app, or through marketplace aggregators that they can then pick up at the store. The pandemic played a major role in this surge in sales orders. This surge has also given businesses the advantage of eliminating location dependency and unleashed possibilities like dark stores, cloud kitchens, drop shipping, and the like. Each business spends quite a heavy effort in acquiring customers or generating demand through various ordering channels. However, all those in ..read more

Imagine you have an eye for fashion and a dream of owning a clothing store that stands out, but the thought of starting from scratch—finding suppliers, creating a brand, and setting up shop—feels like an uphill battle. That’s where retail franchising steps in. It’s like partnering with a renowned clothing brand. You get to use their style, their designs, and their methods to start your store. It’s like opening a boutique that carries a famous designer’s line but with your touch. Contents What is retail franchising? Benefits of starting a franchise Retail franchising models How to get started ..read more

Introduction If a retail business is the engine that yields sustainable revenue, then inventory is the fuel that helps to run the engine smoothly without any trouble. The better you maintain inventory, the better mileage your business growth gets. In contrast, if inventory is not handled correctly, you will start noticing the impact slowly. Poor inventory management could lead to losing sales, poor customer service, and more churn. Below are a few common inventory management challenges and solutions you should be aware of. Unrecorded or manual purchases Not following a proper order tracki ..read more

Getting your store’s visual merchandising right can sometimes feel like you’re putting together a jigsaw puzzle; it takes patience, care, and attention to detail. Luckily, you don’t have to do it alone. Consider this your guide to understanding the secrets of making your store look amazing. Here, you’ll learn how to place things just right, design eye-catching displays, and make everything in your store work together. Contents What is visual merchandising? Core principles of visual merchandising Why is visual merchandising so important? Common mistakes in visual merchandising What are the so ..read more

Today, retailers have no other choice but to focus on safeguarding both physical and digital assets, as it stands as a paramount necessity. Each year, retailers face substantial financial losses due to inadequate security measures. Surprisingly, a significant number overlook the value of data as an asset. As per the Data Breach Investigation Report 2023, small and medium-sized businesses (SMBs) encounter 699 incidents annually, resulting in 381 confirmed cases of data disclosure. In comparison, large businesses experience 496 incidents annually, leading to 227 confirmed cases of data disclos ..read more

In the competitive landscape of the food industry in India, securing an FSSAI registration is the most important step for individuals venturing into the culinary realm. Whether you dream of opening a restaurant, bakery, hotel, cloud kitchen, food stall, or even supermarkets, the Food Safety and Standards Authority of India (FSSAI) registration is a mandatory prerequisite. This holds true for every entity or individual engaged in the diverse spectrum of activities within the food business, be it manufacturing, preparation, selling, transportation, distribution, or storage of food articles and ..read more

Potatoes, pizza, or paracetamol, you have to get that parcel right on your customers’ doorsteps every single time. But how? There is a steady rise in the amount of deliveries being done as well as the number of people involved with them. To give more perspective, last year in India, reports from all logistics players indicated there were an average of 100 door deliveries every second. When offering door deliveries, it is best to appoint a delivery executive and set a process before beginning. However, once you start seeing more delivery requests, handle multiple ..read more