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Dollar store business security is an ongoing challenge. It is important that the business owner recognize the risks and then take steps to minimize those risks. While many may feel that effort simply involves installing a few security cameras to solve this problem, there is much more to be done. Standard operating procedures and practices [...]

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 [...]

What is a hierarchy of needs? Why is it important when you open a dollar store? What can it do for my business? All of these are great questions. Let’s get to some answers. Hierarchy of needs is a methodology to adopt when you open a dollar store, or any other business for that matter. [...]

Are you about to open a dollar store? If so, it is important to invest the time and energy to develop a master merchandise layout plan for your store. It is important to know exactly where all of the merchandise will be placed and how the various departments will run throughout the store. Start by [...]

Successfully opening a dollar store requires employees who provide outstanding customer service. Those customer oriented employees will create sales in three ways. First, customers will often spend more money while in the store. Employees who provide outstanding customer service set customers at ease. They focus attention on the customers and their needs. They make it [...]

Every business faces challenges. For most retailers one of the biggest challenges is consistently growing store sales. Those who are opening a dollar store face the same test. Long term growth in sales determines the success of the store. In fact long term growth in sales is a key ingredient in determining survival of the [...]