Small Business & Retail

Opening Your First Retail Store: A Step-By-Step Plan For Success

December 5, 2023

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Opening your very first retail store is an exciting milestone—but it also comes with a long list of to-dos. From choosing your location to managing your inventory, launching a successful retail business in the Philippines requires careful planning, strategy, and the right tools to back you up.

Whether you're selling fashion, food, lifestyle products, or specialty items, this guide will walk you through the step-by-step process of opening your first retail store

How Orderna’s all-in-one POS system can help you start strong and stay in control

Step 1: Define Your Concept and Target Market

Before anything else, get clear on your store’s identity:

• What products will you sell?

• Who is your ideal customer?

• What makes your brand different?

Having a well-defined concept helps guide every future decision—from your store design to your marketing efforts.

💡 With Orderna, you can track which items resonate most with your target audience and fine-tune your product offerings based on real sales data.

Step 2: Choose the Right Location

The location of your retail store can significantly affect foot traffic and visibility. Consider these factors:

📍 Accessibility and parking

👣 Foot traffic and nearby competitors

📊 Rent cost vs. sales potential

💡 Orderna helps you analyze sales patterns by location if you open multiple branches—so you know which locations are driving performance.

Step 3: Secure Permits and Legal Requirements

Make sure your business is registered with the proper government agencies such as:

• DTI or SEC

• BIR

• LGU permits and barangay clearance

Don’t forget fire safety and sanitation permits if needed.

💡 While Orderna doesn’t handle legal compliance, we help organize your operations so you're better prepared for inspections, audits, or expansions.

Step 4: Source Suppliers and Build Inventory

Once your concept is locked in, start looking for reliable suppliers that align with your brand’s quality, price point, and lead times.

Tips:

• Request samples before committing

• Negotiate minimum order quantities

• Establish clear delivery terms

💡 Orderna’s inventory tools allow you to track product performance, set low-stock alerts, and make smarter restocking decisions.

Step 5: Design Your Store Layout

Your layout affects both sales and customer experience. A well-planned retail space should:

✅ Highlight your best-selling products

✅ Encourage browsing

✅ Support smooth foot traffic

💡 With Orderna’s sales insights, you can identify which items deserve front-and-center placement in your layout.

Step 6: Hire and Train Your Team

Your staff are the face of your store, so hire people who align with your brand values and are eager to learn.

Focus on:

• Customer service skills

• Product knowledge

• Using your POS system effectively

💡 Orderna is beginner-friendly, so your team can learn it quickly—helping you shorten training time and reduce service errors.

Step 7: Promote Your Opening

Don’t wait until opening day to build hype! Start promoting your store early through:

📱 Social media teasers

🎁 Exclusive soft opening promos

📸 Behind-the-scenes sneak peeks

💡 Use Orderna to track which promotions convert best and bring in foot traffic, so you know what to replicate in future campaigns.

Step 8: Launch and Monitor Performance

Opening day is just the beginning. After launching, monitor your store’s performance regularly:

📊 Are your top products selling well?

📉 Is there dead stock that needs bundling or markdowns?

🕒 When are your busiest hours?

💡 Orderna’s real-time reporting dashboard gives you instant insights into sales trends, inventory levels, and customer behavior—so you can make informed decisions from day one.

Final Thoughts

Opening your first retail store is a major achievement—and with the right systems and planning, it can be the start of a long-term, profitable business.

By combining smart decision-making with powerful tools like Orderna, you’ll be able to manage your store more efficiently, improve your customer experience, and build a retail brand that grows.

Ready to launch your dream retail store? Start strong with Orderna—your all-in-one POS solution made for Filipino entrepreneurs.