Opening a Retail Business in the UK: What you Need to Know | Page 3

Opening a Retail Business in the UK: What you Need to Know Introduction There are a number of things that you’ll need to take into account if you’re planning on opening a retail business in the UK. You’ll need to market your company effectively, ensure that you manage your finances effectively, and you’ll also need to ensure that you keep proper records. In this report, however, we’re going to explore another part of the operation: the premises themselves. If you’re planning to open a high street store, there are a number of things you’ll need to consider if you’re to meet your legal obligations. The ramifications for not doing so can be anything from a hefty fine to a jail sentence, so it pays to take your responsibilities seriously. Commercial Property – Industrial Units, Office Space to Rent 3