Subscribe photo credit: Alaskan Dude
You can now be a successful business man in spite of being a bad credit holder. The poor credit histories of your financial life will not influence your business life and earning good through it will become easier for you. There is no reason for you to worry by thinking this [...]
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How to Market Your Small Business in a Slow Economy
photo credit: Wesley Fryer
When the economy is slow, the advertising budget is usually first to go. Why oh why oh why? Right when you need to get your name out there the most, you cut and slash so that poor advertising budget is only a shell of its former self. I know that running [...]
Open a Dollar Store – Is Your Store in Trouble?
Many who open a dollar store don’t realize the complexity of the business they are entering. They get in and things flow pretty smoothly. Now things have changed. The economy is slowing, which has also slowed sales. One the other hand, merchandise and transportation process are skyrocketing, which is pressuring already limited profit margins. For [...]
Opening Your Dollar Store – How to Handle Sales Shortfalls
Sales management is a key activity when opening a dollar store. Prior to actually opening your store specific sales goals should have been established. As the store is opened and business operations grow your actual sales should be compared to those projected sales. Hopefully the result will be higher than anticipated sales. But what about [...]
How Small Business Exporter Can Grow
photo credit: RoyvanWijk
Small and mid-sized business represents the greatest base of potential exporters in India – business that could export but do not. The challenge for these small enterprises is to recognize the opportunity to expand their participation in international business by moving effectively into the international marketplace.
As a major part of the economic [...]
Opening A Dollar Store – Business Management can be Demanding
Are you opening a dollar store? Your business will be different and unique from all others. Running that business will be both challenging and rewarding. Successfully managing that unique business will require a unique set of leadership and management skills. Are you prepared for the challenge? If not, prepare before you start!
Do you have the [...]
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 [...]
How to Handle Merchandise Shrinkage in Your Dollar Store Business
Merchandise shrinkage can be a huge problem for every retailer. That includes those who own and operate a dollar store business. Allowed to go unchecked this one issue can result in an operating loss for your business. Consider that your very survival may well depend on decisions that you make and actions you take in [...]
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 [...]
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