1. Create a Business Plan: Figure out your mission statement, target market, and financial goals.
2. Secure Financing: Determine the best way to finance your business and apply for any necessary loans or grants.
3. Research Your Competition: Analyze the local running store landscape and plan ways to differentiate your business.
4. Choose a Location: Select a viable and visible location for your store, taking into account zoning restrictions and other factors.
5. Get Insurance: Invest in the necessary insurance coverage to protect yourself and your business from potential risks.
6. Build an Inventory System: Decide which products you plan to carry and set up an efficient inventory system.
7. Purchase Necessary Equipment: Stock your store with the necessary equipment, including any point-of-sale systems or display shelves.
8. Hire Employees: Recruit individuals that have a passion for running and possess the skills needed to support your business.
9. Promote Your Store: Develop a marketing plan and use various methods to spread the word about your store.
10. Open for Business: Put all of the pieces together and open your doors to eager customers!