Operational considerations. Operational considerations are essential to ensuring the smooth day-to-day operation of your gift shop. This section of your business plan should outline operational details, including staffing needs, inventory management, suppliers and store policies. Identify the number and roles of, 8. Register your business. Ensuring the legality of your gift shop is essential to avoiding potential legal issues and establishing a solid foundation for your business. Consulting with a legal professional can help you navigate the complexities and choose the most appropriate setup for tax benefits and liability protection. Personalized gifts are the most trending and preferred gifting options these days. Since it is customizable, it adds a personal touch to gifts, allowing people to include photographs, messages, keepsakes, etc. It is considered the most loving gift. Gift shop business plan. Before starting a business, several initial plans must be made.