This is installment 1 of a 5 part series of articles that focus on reducing the costs associated with replenishment merchandise purchases for your dollar store business. There are many cost cutting actions that can be taken. In this series of articles we will focus on five that can have quick impact on the cost [...]
Posts Tagged ‘Running a Dollar Store’
Secrets to Cost-of-Goods-Sold Reduction For Your Dollar Store Business – Part 1
November 18th, 2008 
davidguide Cost Management After Opening Your Dollar Store Business
November 18th, 2008 davidguide One of the biggest problems currently being faced by those who own a dollar store business is how to deal with ever increasing fuel prices. Those prices are driving double digit increases in freight costs for some store owners. The reaction is to feel that there is nothing left to do but become a victim [...]
Success Strategies For Your Dollar Store Business
November 18th, 2008 davidguide We’ve all heard that location, location, location is the critical factor when you start your dollar store business. There is a list of critical ingredients that define the perfect location. For many that list includes the requirement that there be a major retailer as the anchor. Yet with changing economic times, what was once the [...]
Open A Dollar Store Tips On Creating A Mission Statement!
November 15th, 2008 davidguide There are many critical steps to take when you open a dollar store. They include the creation of a mission statement, a long-term vision and strategic objectives. Each of these is a critical piece of the business puzzle. The first to develop is the mission statement.
The groundwork for those who open a dollar store begins [...]
Managing Store Performance On A Daily Basis
November 15th, 2008 davidguide Are you opening a dollar store? If so, be sure that you schedule time to examine the performance of your store on a daily basis. Don’t allow the distractions that are associated with daily operations to draw you away from this important task.
Opening a dollar store and then operating that store effective require that you [...]
Open a Dollar Store – Bring Your Customers Back
October 27th, 2008 davidguide Are you about to open a dollar store? If so, you will find that the most valuable single ingredient in achieving success is the customer. You will be focused on doing everything possible to retain one-hundred percent of your customers. You will also be doing everything possible to motivate those shoppers to return to your [...]
Dollar Store Business Security Starts with Employee Lockers
October 21st, 2008 davidguide If you are about to start a dollar store business be sure to budget for employee lockers. While they cost very little, they can contribute to store and employee security in many ways. They provide a safe place for employees to store their personal items. Likewise they keep employee personal items away from the cash [...]
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