Advantages and Disadvantages of the Brick-and-Mortar Business Model

Advantages and Disadvantages of the Brick-and-Mortar Business Model

With the popularity of online shopping, many people have questioned whether brick-and-mortar businesses can still compete with online models. Starting a traditional business that involves a physical location to many seems unnecessary and sometimes risky. 

For decades many predicted that retail locations would be obsolete. Replaced by internet-based business model retailers. However, it seems like the opposite is happening as brick-and-mortar stores have seen a resurgence this decade. The US Department of Commerce Retail Indicator Division reported that retail sales have increased 17.9% over the previous year. 

Continue reading Advantages and Disadvantages of the Brick-and-Mortar Business Model at StartUp Mindset.

from StartUp Mindset https://startupmindset.com/advantages-and-disadvantages-of-the-brick-and-mortar-business-model/
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