How to Start a Retail Business

Before you start 

  • Create a business plan that outlines your products and/or services, potential cost and revenue projection. There are templates from the Small Business Administration or SCORE for reference. 

Find a location 

  • Before committing to a brick-and-mortar location, read the permitting guide here to learn about tips and what to look out for. 

  • Work with a tenant representation broker and a lawyer before you sign a lease. 

Set up your business 

  • Register your business with the City of Portland. You may also be required to register with the State of Oregon and federally. Before registering, choose a legal structure and a name that fits your business. Learn more here

  • Digital presence: Set up digital presence for your business helps generate buzz and sets the digital marketing foundation. Learn more about the basics here

Prepare your space 

  • Building permits: review our permitting page to learn about may be required, the cost, and the process. 

  • Garbage and recycling requirement: Learn more here about garbage and recycling requirements for businesses operating in commercial space. Work with your landlord/property manager to set up these services. If you are setting up a new service, you can negotiate service level, frequency and cost. Rates are not set by the City of Portland.

  • Businesses that make structural adaptations or other accommodations for employees or customers with disabilities may be eligible for tax credits and deductions. Learn more at the IRS webpage here

Open your business 

  • Reaching out to your network prior to the actual launch/opening to host a pre-launch party is a great way to generate excitement around the project. 

  • Stay connected with Portland Office of Small Business via our newsletter.

Eleazar Ruiz

Eleazar is the founder and design principal at Odd Notion. For over a decade, he has helped over 100 brands reach their customers effectively through measurable design solutions and user experiences.

https://oddnotion.com
Previous
Previous

How to Start a Food Cart

Next
Next

How to Start a Food & Beverage Manufacturing Business