SubscribeAre you opening a dollar store? There are many components that all come together to create a profit. However one of the most important keys to success is in the buying of merchandise to sell in your dollar store. In fact the more effective you are at buying the merchandise for you store the more [...]
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Small Business – 5 Steps to Survive, Consolidate and Revive Through Dynamic Recession Marketing
photo credit: Phillie Casablanca
1 Review Your Market Focus
A precise marketing focus is essential for any successful business. In a recession it’s more important than ever. Review your focus. If necessary, narrow it. Review your sales and profit history. Where and how do you make your money? Which products are most successful? What do you [...]
Be Sure Your Dollar Store Business Has Operating Guidelines
If you are starting any type of new business it is important to invest the time to develop and then to document and communicate a comprehensive set of operating guidelines and procedures for that business. While there are many things happening as you work to prepare and then to open your business, this is an [...]
Opening A Dollar Store – Keeping Up With the Trends
One of the biggest challenges after opening a dollar store is keeping up with current trends in all aspects of business. Changing merchandise trends are no different. It is easy to fall into the pattern of replenishing currently stocked merchandise as it sells for you. That strategy leads to the risk that you become out [...]
Open a Dollar Store – Is Craigslist a Resource for Selling?
One of the challenges faced by entrepreneurs who open a dollar store or a discount store is inventory management. One of the inventory management nightmares is finding methods to quickly liquidate excess, slow selling and outdated items. One potential method for handling this headache is using Craigslist to sell off that inventory in volume quantities.
If [...]
Opening A Dollar Store – Examine the Books Before Purchasing an Existing Store
The financial records of an existing store can tell you more about that store’s history than any other piece of information. If you are considering acquiring an existing store your means of opening a dollar store don’t discount the importance of seeing those financial records. They can unlock good news and bad news about the [...]
Opening a Dollar Store – Turn Suppliers Into Your Warehouse
Those who are opening a dollar store are always looking for operational strategies that help to reduce the cash invested in the start-up and ongoing operation of their stores. An area of focus is often the merchandise inventory level that is maintained. One strategy for reducing the amount of inventory that is maintained when opening [...]
Home Based Baking Business – Control Your Own Income
photo credit: abooth202
Thanks to the Internet, many people are making more money running their own business from home than they could earn by taking up a job in the corporate world. Baking is one such enterprise that can be run from home and promoted over the Internet.
Many people prefer home cooked food over ready-made [...]
Start Your Own Business on a Budget
photo credit: swanksalot
If you have been feeling disheartened about the fact that only ten percent of new business startups survive, there is hope yet. It is surely nothing but a myth as Dun and Bradstreet reports that more than seventy-six percent of people starting up a new business are in business for more than [...]
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