Problems of small scale retail business. - SS1 Commerce Past Questions and Answers - page 1

Rising costs and overhead expenses.

Greater negotiating power.

Limited geographical reach.

Resistance to change.

Offering competitive salaries and benefits.

Small retailers may face limitations in terms of inventory management, logistics, and supply chain capabilities. They may struggle with sourcing products, maintaining optimal inventory levels, or offering diverse product ranges compared to larger retailers.

Small-scale retailers may be more vulnerable to seasonal fluctuations in demand, especially if they rely on specific seasonal products or tourist-driven markets.