There are many different types of retail stores, including clothing stores, food stores, beauty stores, jewelry stores, office supply and stationery stores, lawn and garden stores, and gasoline stations. Many more retail stores exist, such as building supply stores and specialty stores.
Entrepreneurs have countless options available to them, including what type of shop should they open and what type of ownership they utilize. Ownership options are independent retailer, existing retailer business, franchise, dealership and network marketing. An independent retailer is someone who builds the business from the ground up. A person who owns a franchise has bought the right to a business plan and the use of products from an established brand or business.