Today I am back with another solo episode! This one is for the entrepreneurs who were debating either dipping their toe into their own physical storefront or even jumping all the way into a traditional commercial space. I had an opportunity to be part of an incubator program in 2023 called the Berwyn Shops where you get to test out the waters at a more affordable and feasible price before jumping in fully to a traditional space. Even for my friends who maybe currently have just opened up their own physical shop, whether full blown on your own, a current Berwyn Shops business or you are a business with a shop at the Batavia boardwalks which is not too far and I know a concept mirrored by the Berwyn Shops, I hope you can take something from this very chatty chismosa talk to make your time with a physical storefront a successful one!
Let’s talk things to consider when opening up a physical storefront like what is your budget for set up? How are you showcasing your brand physically? What do your store displays look like? How are you going to market a physical location to continuously drive traffic? Multiple streams of revenue to sustain this additional overhead cost? Can you even afford this additional overhead cost?
Tune in to hear about my own personal experience plus take notes on some tips and strategies you can implement to improve your own business or to add to your future plan!
If you wanted to dive deeper into some of the topics I mentioned or had even more questions in general, head over to @werkmija on instagram to comment on this episode post! We can make this a multiple part series with some Q&A and expand to other topics!
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