Aug
24
Dollar Store Merchandise to Add in TodayÂ?s Economic Environment
By: Bob Hamilton
In today?s economy all retail business persons need to take a step back and analyze where they can reduce inventory levels without damaging sales. Those opening a dollar store also need to look for new and different dollar store merchandise to help build sales and dollar store profits to new, higher levels. Many will think they have added everything possible. Others will feel they simply need to reduce inventory and then hold tight. However this is the perfect time to build sales by intelligently adding the right items. For more on this topic read on. In this article I present examples of items to add.
Let?s start with household cleaners and supplies. Almost all dollar stores carry some of these items. However the question to ask is do you have the right items to meet the needs of your shoppers. Are ...
Aug
19
Watch for Changes in your Business when you Open a Dollar Store
By: Bob Hamilton
Entrepreneurs who open a dollar store do so for a variety of reasons. It might be to get rid of their J-O-B. It might be so they can become their own boss. It might be to make dollar store profits. No matter what the reason, starting and growing your own successful business requires solid management skills. It takes someone who recognizes the importance of the day to day business operation, but who never loses sight of the need to remain strategic in their thinking. No matter what the business, it is actually quite easy for those who are very close to a business to lose sight of changes that are occurring in that business. This can happen to the best of owners and managers.
When you open a dollar store you soon learn that every change has repercussions ...