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The video tutorial provides an overview of setting up a shop, focusing on the initial steps and considerations involved in the process.

What is the first step in setting up a shop?

• Choosing a location

• Advertising the shop

• Hiring staff

• Setting up a website

Which of the following is crucial for a successful shop setup?

• Setting high prices

• Ignoring customer feedback

• Choosing a strategic location

• Avoiding market research

What should be considered when concluding the shop setup process?

• Ignoring competition

• Evaluating initial performance

• Reducing product quality

• Increasing prices immediately

Why is it important to have a clear plan before setting up a shop?

• To increase setup costs

• To reduce product variety

• To avoid hiring staff

• To ensure a smooth setup process

What is a common mistake to avoid during the shop setup?

• Offering quality products

• Ignoring customer needs

• Conducting thorough market research

• Choosing a prime location