There is no minimum. The answer doesn't lie with how large your product catalogue is but your product differentiators. You can open a store with a single decor product for that matter. Instead of looking at volume, think about these aspects: - quality: is my product better? And how so? - price:...
Mostly because selling online got expensive. When a brand starts out online, social ads are cheap and new customers pay for themselves fast. A few years in, ad costs climb, everyone is bidding on the same people, and what it costs to win a customer eats the margin. A store in the right neighborho...
I have no experience with salons, but marketing is my thing. So I'll give you some suggestions of what to think about, followed by what to do. Do you have clients already (let's say from your working days at another salon)? If so, you can start profiling them. You can ask them to fill out a form...
I am based in Canada and ended up opening a US bank account with Harris Bank in Chicago without physically visiting their office. This was about 4 years ago. So maybe contact them and see if they could help you.
First hire a credit cleaning company. This will cost you roughly $200 USD. I ignore my credit till I require it, then use a credit cleaner, because the entire credit report industry is pretty much a racket. All manner of junk shows up on credit reports over the years. You can clean all this you...
There is a difference between your product being open source versus the tech stack you use to build it being open source. You use email to conduct your business, and that's based on an open standard! Whoever told you it's "absolutely imperative" that you use Rails instead of an "open" language l...
Hi, Allan here. I have been leading our market research team for the last 3 years. I would say that market research is very essential in setting up your business. You need to know the demographics, people flow, availability of physical location, etc. I want to help you further so please let me ...
I love this question! First off, congrats on the achievements thus far. My name is Humberto Valle, I'm the founder of www.Unthink.me, a small hybrid agency that brings big business solutions to small growing companies. I've helped bring some products to Shark Tank, helped political figures stra...
I would use pay-as-you-go model which lets me scale as and when required and pay accordingly. The traditional problem with Home grown software is you can't accurately predict the growth when you open the floodgates. So choosing a pay-as-you-go model works perfectly here. The other constraint I s...