Testing something new for your business can sometimes be a daunting experience, but with the support of Shared Spaces you can test trade in town centre locations without the expensive costs.
You can learn a lot from interacting with customers in the real world, either through studying their behaviour when they shop with you, or by simply asking their opinion on topics related to your business. You can identify problems early on, adapt your pricing system to customer expectations and make changes to your products based on customer feedback and requests.
Test trading is the process of testing your business in the real world. For many, this involves using short-term retail opportunities, such as pop-up shops or local markets, to see how a product or service will fare.
It’s perfect for people who are in the early stages of a new business or just looking to scale up, as they can safely test the market without committing to long-term retail contracts, which often require large sums of money up front.
It also means you can:
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Business in Focus is a social enterprise dedicated to supporting new and established businesses. We have been helping people start and grow their own businesses for over three decades, by providing tailored expert business advice, access to finance and skills training. We are here to support entrepreneurs through the provision of flexible accommodation and trading […]