Mom-and-pop shops are independent small businesses that typically have a small sales operation and one physical store location. The typical mom-and-pop shop is family-owned and has a small number of employees. Despite consumers’ changes in shopping over the years, the mom-and-pop shop isn’t dead. Even in the face of large commercial retailers and the popularity of e-commerce stores, mom-and-pop shops still provide value to shoppers who seek an in-person shopping experience with a desire to support their local communities.
Fundera created this visual with useful tips to help mom-and-pop shops thrive against large retailers. Read on for actionable advice to keep your small business afloat against the competition.