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Briefing on Professional Diploma in Retail Management (DRM) & Retail Operation Management (PROM) 2016
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Research the market: Start by conducting thorough market research to understand the demand and competition in the Hong Kong retail industry. Identify potential customers, target markets, and popular trends.
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Understand legal and regulatory requirements: Familiarize yourself with the laws and regulations governing retail businesses in Hong Kong. Register your business with the Companies Registry, obtain necessary licenses and permits, and adhere to tax and employment regulations.
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Source reliable suppliers: Build relationships with reliable suppliers to ensure a steady supply of high-quality products. Consider attending trade shows, conducting online research, or networking with industry professionals to find reputable suppliers.
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Set up an attractive store layout: Create an appealing and functional store layout that enhances the shopping experience. Consider factors like product placement, aisle width, signage, and lighting to encourage customers to explore your store and make purchases.
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What is hong kong retail?
Hong Kong retail refers to the retail sector in Hong Kong, which includes the buying and selling of goods and services directly to consumers.
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Businesses operating in the retail sector in Hong Kong are required to file hong kong retail.
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The purpose of hong kong retail is to track and regulate retail activities in Hong Kong, and to ensure compliance with relevant laws and regulations.
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