By rbhamil on Aug 14, 2010 in Management | 0 Comments
When you specifically look at the small amount of space required to install a small gumball machine, toy bouncing balls vending, and machines offering mystery prizes of all types, you must ask if this might be a very good addition to the mix in your store. In this article I we examine vending machines in more detail.
By rbhamil on Aug 13, 2010 in Merchandise | 0 Comments
One of the biggest and highest leverage cost reduction opportunities is associated with the products you carry in your store. In this article I present 4 merchandise strategy actions when starting a dollar store.
By rbhamil on Aug 13, 2010 in How to Open a Dollar Store | 0 Comments
In this article we cover 5 important criteria to remember when starting a dollar store. Make sure your store meets all of these and you are one step closer to finding the perfect location.
By rbhamil on Aug 12, 2010 in Management | 0 Comments
In this article I will focus on generating more first-time shoppers. Read on for 4 great ways to locate potential new shoppers when starting a dollar store.
By rbhamil on Aug 12, 2010 in Management | 0 Comments
In this article I will focus on the owner or operator who is actually running a dollar store. We will focus on key activities that must be added to their calendar as ‘must do’ actions.
By rbhamil on Aug 12, 2010 in Management | 0 Comments
There are very small self owned businesses that manage to prosper in today’s economy. As times are tough, it takes focus, commitment and good management if your business is to make it through. That includes those running a dollar store.
By rbhamil on Aug 9, 2010 in Customer Service | 0 Comments
Budget management starts with knowing all the costs associated with your business. Even more important is to know the heavy hitters; those items that will make the biggest impact on your bank account. In this article I present 3 of the biggest costs most store owners face.
By rbhamil on Aug 8, 2010 in Sales/Profits | 0 Comments
In virtually all cases the smaller the store, the more important maximizing sales per square foot becomes to achieving success. In this article I will present 3 ways for those with small, modest sized stores to maximize sales per square foot.
By rbhamil on Aug 8, 2010 in Suppliers | 0 Comments
If you are getting ready to start a dollar store there is one product avenue beyond your typical wholesale dollar store merchandise suppliers to consider. When properly managed this avenue can open the door to brand names and products you never believed you would offer in your store.
By rbhamil on Aug 7, 2010 in Merchandise | 0 Comments
It has been said that the success for those running a dollar store can be found in the buying of products to resell. While the cost associated with purchasing and then shipping dollar store merchandise to your store location may be a major challenge, there are creative options to help relieve the pain. One such option is to locate and purchase products from liquidation and closeout companies.
