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How to Start General Store Business

One of best importance of general store business is that there is no need of  high qualification. You should know simple maths and your local language. You can start this general store business in any area.  For becoming successful in this business, you should need hard work.

1st Step : Collect the limited Capital 

For starting general store business, you need minimum capital. Now, you have to decide this minimum capital. It depends on the size your general store. If you will start to sell 10 or 20 things, you need very very small capital. You can get bank loan for starting this general store business at large scale.

2nd Step : Good Purchasing from wholesale agencies 

There are many products, you can sell in general store business. For example, you can sell kitchenware, food products, fashion products, confectionery products. One thing, you should remember that is good buying. We can tell you how can you buy these products on cheap prices. For this, you should contact good wholesale agencies in your local area.

3rd Step : How to Sell the Products in General Store Business

If you want to start general store business successfully, you should sell at very low prices. you should get only 10% margin. You should do any bargaining with customers. With this, your general store's business's goodwill increases.

4th Step : Advertise General Store Business

This is most important, we should advertise general store business through banner ads, poster ads and online ads and in local newspaper. 

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Following are main objectives of business environment:
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Following are main limitation of business environment analysis:

1. Unexpected and Unanticipated Events 

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