Are the Vendors Ready?
Always make sure that your vendors are ready to supply you long before the doors open. The worst thing that can happen is a product shortage on opening day, so make sure that you are in contact with your vendors at least a week beforehand and have your stock on hand at least forty-eight hours before opening if at all possible. E&O
From errors and omissions insurance to vendor readiness, from rental agreements to marketing plans, a good business owner should be completely prepared before announcing that he or she is open for business. No matter what kind of business you own, remembering to account for these four major points will make your life a great deal easier.