Last week’s Trader’s Bulletin included content on a new
license arrangement for budding stall holders and it would appear to have great
potential.
Some time ago, QVMAC Trader Representatives approached
management about removing the barriers to trading at QVM. With “business
incubator” being a strong market objective it was incongruous that prospective
traders were being asked to sign licences upfront. We knew that QVM needed to
attract more creative budding entrepreneurs but those same entrepreneurs were
rightfully reluctant to commit a new idea for the long term. We were in a
retail recession (we still are) and the hurdles to success were many and high.
But if you could try out your idea without being tied down
you could experiment with greater confidence. The new 4 week licence allows
just that. We applaud this initiative from our recruitment team although the
new flexibility does bring another problem. Four of the new traders listed in
last week’s bulletin appear to have similar ranges. Obviously we don’t want to
perpetuate the duplication that has haunted some categories in the market’s
recent history. However we would much rather have a trader-selection problem
than a trader-supply problem and the 4 week trial licence appears to have
succeeded in that regard.
Have Your Say – click here.
