SubscribeAre you considering opening a dollar store? If so, never discount the demands that are associated with having a business that operates during retail hours. As with almost all retail businesses long hours and varied hours, including evenings and weekends will be required of the independent owner-operator. In fact retail stores are typically open 10-12 [...]
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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 [...]
What Does Your Set-up Project Plan Look Like?
Are you opening a dollar store? Then be sure that your start-up project plan is your master checklist for every step and action that will be taken to prepare and open your store. It also important to remember that none of these actions can be taken until a final lease has been signed, however.
As you [...]
Beginning Steps to Starting a New Business
Or… Best Way to Start Your Business
Your decision to start a new business has been made. Now what do you do? Sometimes it’s a bit overwhelming to look at where to really start the process. Do you look for the location first? What about an estimate on how much it will cost? Should I secure [...]
Where and How to Find Angel Investors
photo credit: Kevin N. Murphy
If you have heard of angel investors, you would know that they are those individual investors that can make your business succeed. However, you must understand that these investors are looking for companies that can exhibit high growth, synergy and success with the business they will involve themselves with.
For a [...]
Government Grants to Start Small Business
photo credit: kimberlyfaye
You can get the assistance of the Government grants that are available in US. The entrepreneurs who have the plans to start up a business can ask for the Government grants. You will find some government agencies who work with the government bodies to supply funds so that a new business can [...]
Five Things You Should Know About Small Start Up Business Loans
photo credit: karpov the wrecked train
More people are creating start up businesses every day. Even with that, they find out that they need more money than they thought to get things rolling. In order for them to more forward, they need to look into small start-up business loans. In order to get the right [...]
Guide to Small Business Loan Interest Rates
photo credit: karpov the wrecked trainIf you are starting your own business and do not have enough start up cash to do so, a small business loan can be very useful. However, whenever we think of applying for loans we think of banks and financial institutions. It is true that loans taken from these [...]
Opening a Dollar Store – Profit is in the Buying!
Are 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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