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WHAT WE DO
Retail Start-Up Assessment & Advisory Services for Entrepreneurs
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Retail Start-Up Assessment: Starting a new Retail Business
Are you thinking of starting a new retail business? We can help. Before you invest in your new business, McMillan|Doolittle can make sure you’re moving in the right direction. Our team of retail experts will evaluate your concept and help hone your strategy.
Our Start-Up Assessment process is carefully designed to improve the likelihood of success for your new business. Among the issues we address are:
- Market Position of Your Concept
- Merchandising Concerns
- Competitive Threats
- Managerial Requirements
- Location Strategy
- Financial Model with Sensitivity Analysis
- Ability of the Concept to Achieve Your Goals
- Key Drivers for Success
Our Retail Start-Up Assessment Package consists of two phases:
- Discovery:
- Review your existing materials
- Conference call with you to define the key issues and concerns
- Research your market and competition
- Development of a financial model
- Delivery:
- Half day meeting at our office in Chicago
Strategy Discussion with 2 or 3 of our Partners
- 10-12 page PowerPoint Presentation
Outline of Our Findings and Recommendations
Our analysis will help you make better, more profitable decisions for your new business and avoid costly mistakes.
Advisory Services: Ongoing Support for Retail Entrepreneurs
When you're starting a retail business, you're confronted with hundreds of important decisions in areas that may be new to you. We can help you make the best decisions in:
- Site Selection
- Buying and Merchandising Decisions
- Choosing and Negotiating with Architects and Contractors
- Marketing and Public Relations
- Personnel Selection and training
We'll put together a team of retail experts to meet your needs, advising you on an ongoing basis. When questions or problems arise as you're starting your new business, we will be there to help.
Testimonials from Clients
Get started on the road to entrepreneurial retail success today!
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