1. Location, location, location – Traffic, foot traffic, surrounding area are all things to consider.
2. Know your competition – Shop your competition and know what they’re doing well and not so well.
3. Signage – Anything you can do to catch a person’s eye…
4. Security — The more the better.
5. Customer demographics – Know your customer; understand their needs.
6. Stocking your location – Don’t look empty when you open. Try a variety of inventory and analyze what sells.
7. Marketing – Get the word out!
8. How much capital do you need to get started?
9. Staffing your new location – Hire people who want to grow and promote them. What is the right mix for your new store without compromising any of your other high-performing shops?
10. Compensating employees –Performance-based compensation plans can boost sales.

Let us know if you want to see more information like this by submitting a comment with your thoughts and ideas!