By rbhamil on Jun 3, 2009 in Tips/Steps For Success | 0 Comments
Some dollar store shoppers are fickle in their shopping habits. They will begin wandering around your store. They’ll pick up an item to purchase as they go down an aisle only to change their mind.
By rbhamil on Jun 3, 2009 in Sales/Profits | 0 Comments
For most retailers the holidays represent an opportunity to achieve profits. In fact for many holiday sales are so important that without them there would be a loss during the entire year. Given the importance holiday sales have on total profit those who are opening a dollar store need to do everything possible to maximize sales and profits during this short selling window.
By rbhamil on Jun 3, 2009 in Management | 0 Comments
Almost every person with a dollar store business is enthusiastic about their store. There’s the pride and excitement of owning your own business. There’s the relief and excitement of leaving a J-O-B and becoming your own boss.
By rbhamil on Jun 2, 2009 in Merchandise | 0 Comments
Gowning businesses create many challenges for their owners and managers. On of the biggest challenges for those with a dollar store business is developing business practices to support the massive quantity of freight associated with growing and maintaining ever-greater sales levels.
By rbhamil on Jun 2, 2009 in Cost Reduction | 0 Comments
Starting a retail business takes lots of time and hard work. The same is true when opening a dollar store. Opening a business also takes lots of money. And the spending doesn’t stop just because the door opens and you are in-business.
By rbhamil on Jun 2, 2009 in Merchandise | 1 Comment
No matter whether you are considering opening a dollar store or you already have an open and operating business, always be sure to plan ahead and have adequate staffing in-place to handle freight receiving and store stock work. Be sure that you establish clear guidelines for receiving and then moving the newly received merchandise to the retail sales floor. Never allow the receiving area to become a huge wasteland that is filled with inventory.
By rbhamil on Jun 1, 2009 in Human Resources | 0 Comments
If you are opening a dollar store you are probably overwhelmed with all of the tasks that must be completed. It seems like the list is never-ending. It’s an all-consuming effort to complete everything in the right order, and at the right time.
By rbhamil on Jun 1, 2009 in Management | 0 Comments
Let’s face it cash flow management can be a major challenge for every new business. It is more complex for those who open a dollar store business. There are the standard problems of having enough money at the right time to pay rent, utilities and other monthly bills.
By rbhamil on Jun 1, 2009 in Merchandise | 1 Comment
Opening a dollar store business is a busy time. There’s so much to do and so little time to do it. One of the most critical tasks is also one of the most time consuming tasks both during the start-up and as an ongoing responsibility.
By rbhamil on Jun 1, 2009 in Tips/Steps For Success | 0 Comments
Well here we are. The economy is spiraling downward. No-one seems to know when we will hit bottom. Less people are going shopping. Customers aren’t spending money even when they do come into your store.
