Things You Need To Think About When Opening A Retail Business

Julie Starr • January 5, 2022



Starting a new business is always a demanding undertaking, regardless of the industry in which you are involved. Before you can even think of opening your doors and launching your business, you must first select the appropriate site, refine your product line, and assemble a dedicated team of employees who have received proper training and are ready to work. It is frequently the small things that are the most significant and that will assist you to reach perfection, even if there are several other things to complete and keep track of.

In order to successfully open your brand new retail business, you should keep the following points in mind.

Take great care in selecting your location.

Spend some time inspecting the place from which you are considering opening a retail store before signing a leasing agreement with the property owner. As a result, you will have a better understanding of the quantity of foot traffic that comes into your store, the times of day when it is busiest, traffic concerns, how the surrounding stores are doing, lighting and accessibility issues, and so forth. Would-be business owners, understandably, become enamored with a location but fail to thoroughly explore some of the more minor details associated with it. It is possible that spending some time at the location will reveal some difficulties that you will be able to discuss with the owner or that will prompt you to continue your quest.

Consider your business’s brand identity.

When it comes to brand recognition , your company’s logo is critical, and you should incorporate it into your customers’ shopping experience. It contributes to the development of a relationship between your customers and your store. In times when no one is talking about you, your logo should be the one that represents you. One or more of the most effective places to show the logo are staff uniforms, receipts, price tags, shopping and bags and containers, and other marketing materials.

Organize your store layout

The design of your store’s layout has the power to create or break your company’s success. Shoplifting and property damage can be avoided if your store is organized in an effective and attractive manner. Your customers will be inspired to spend more money than they may have intended when they first entered the establishment if it is well laid out.  Make sure your signage is legible and consider using multiple types of signage to attract customers. 

In order to have an idea of what works and what does not when it comes to the design of your store, it is beneficial to go to a rival’s store and observe how its layout is set up. Consider sustainable marketing efforts in-store and online. Educating your client base on your responsible use of store resources including energy use, packaging, and sourcing can be an added value to both the business and its clients. 

Make plans for challenging days in advance.

Everything runs well when your products are flying off the shelves and your customers are all pleasant and easy to work with. Things will continue to run smoothly on other days as well. Another day may bring in a few customers, while another may bring in a large number of people who are having troubles.  There will also be days where you have huge numbers of refunds and make little or no profit, especially if you are one of the high risk merchant accounts . Make sure that you have plans in place for these situations. 

 

 

Can AI Support Environmental Sustainability? 5 Ways It's Already Making an Impact

By Julie Starr • May 12, 2025
As conversations about artificial intelligence (AI) evolve from hype to implementation, many sustainability professionals are beginning to ask: Can AI actually support environmental goals—or is it just another tech distraction? At Taiga Company, we believe this is exactly the right kind of question. New tools should be approached with thoughtful inquiry and grounded optimism. While there’s plenty of noise in the AI space, we’re also seeing early signals that AI, when applied responsibly, may offer significant benefits in advancing sustainability strategies. Below are five science-backed ways AI is already being used to support environmental sustainability—with links to explore the data behind each. 1. Optimizing Energy Use and Efficiency AI can analyze and forecast energy needs, detect inefficiencies in real time, and automate building and grid-level energy decisions. Google, for example, used DeepMind’s AI to reduce the energy used for cooling its data centers by 40% —a significant operational and environmental win. 2. Enhancing Climate Modeling and Prediction AI improves the accuracy and speed of climate models by processing vast datasets (like satellite data and atmospheric readings) faster than traditional tools. This can help scientists and policymakers better anticipate extreme weather, sea level rise, and other climate-related risks. 3. Enabling Smarter Agriculture and Resource Use In agriculture , AI supports precision farming—using data to guide decisions around water use, fertilizers, and pest management. These tools can reduce resource consumption and emissions while supporting food security. 4. Accelerating Circular Economy and Waste Reduction AI is being used to automate waste sorting, track materials through supply chains, and improve transparency around recycling and reuse. These innovations support circular economy goals and help reduce landfill and emissions. 5. Monitoring Ecosystems and Biodiversity AI-powered sensors, drones, and satellites can track deforestation, monitor endangered species, and even detect illegal activity in protected areas—helping conservation efforts scale more efficiently. What This Means for Corporate Sustainability For corporate sustainability leaders, these examples show that AI is not a magic solution—but it might be a valuable tool in the toolkit. Like any technology, its value depends on how it’s implemented, what data it's trained on, and whether it’s integrated with strategic goals. This is where communications plays a vital role. At Taiga Company, we help organizations articulate how technologies like AI fit into their broader environmental and business commitments. Whether through thought leadership, stakeholder education, reporting language, or digital engagement, our communications support helps make new tools understandable, actionable, and credible. We focus on: – Translating complex innovation into clear, values-aligned messaging – Engaging internal and external stakeholders on their learning journey – Showcasing measurable impact while aligning with evolving standards and frameworks – Sharing best practices in a way that encourages collaboration and informed adoption AI is not just a technology story—it’s a communication opportunity. It invites sustainability leaders to educate, inspire, and engage stakeholders around how they are navigating this next chapter.

What You Call It vs. What You Do: Communicating Impact Beyond ESG Labels

By Julie Starr • May 5, 2025
As the world continues to prioritize environmental, social, and governance (ESG) goals, a new technological movement is quietly reshaping how companies communicate their sustainability efforts: Web3. Web3—the next evolution of the internet built on decentralized technologies like blockchain—offers powerful new tools for ESG storytelling. At Taiga Company, we believe Web3 represents a transformational opportunity to enhance digital transparency, expand decentralized sustainability initiatives, and bring fresh credibility to corporate ESG communications. Web3 Unlocks Digital Transparency for ESG In an era where stakeholders expect greater accountability, Web3 provides an immutable, verifiable way to share ESG metrics. Blockchain technology enables companies to record sustainability data—such as carbon tracking, water usage, or supply chain emissions—directly on decentralized ledgers. This creates a new level of digital transparency that can bolster trust with investors, customers, and regulators. At Taiga Company, we help businesses translate these complex technical capabilities into clear, accessible communications. Our services bridge the gap between advanced Web3 solutions and everyday ESG storytelling , making decentralized reporting meaningful to broader audiences. Decentralized Sustainability and Regenerative Finance (ReFi) Beyond transparency, Web3 is giving rise to decentralized sustainability models. Projects in regenerative finance (ReFi) are using blockchain tools to incentivize environmental restoration, carbon sequestration, and climate-positive activities. These initiatives align with emerging ESG expectations that go beyond ‘do no harm’ and focus on regenerative impact. We work with companies to integrate these new paradigms into their sustainability narratives—highlighting how innovative approaches like ReFi contribute to broader environmental goals, align with ESG criteria, and showcase leadership in a rapidly changing landscape. A New Era for ESG Storytelling Traditional ESG reports often feel static, data-heavy, and disconnected from stakeholders. Web3 offers a dynamic, participatory model where audiences can engage with real-time sustainability data, track progress directly, and even contribute to decentralized initiatives. Our services specialize in creating communications that reflect this evolution. By combining our expertise in sustainability strategy with a growing understanding of Web3 trends, we help organizations: Translate decentralized sustainability efforts into compelling, credible stories Align carbon tracking and digital transparency initiatives with stakeholder expectations Position ESG leadership within the emerging Web3 economy The Path Forward Web3 won't replace traditional ESG frameworks, but it will significantly enhance them. Companies that start integrating decentralized transparency, carbon tracking, and regenerative finance into their sustainability communications today will be better positioned for tomorrow's expectations.  Ready to evolve your ESG communications for the Web3 era? Let's connect.