Business & Finance Small Business

Save Time and Expenses During Your Dollar Store Start Up

Many of those who start a dollar store have no prior experience planning, purchasing and then setting up a new retail business.
So as they move past identifying a location, signing the lease, and other preparatory actions the huge size of the task ahead begins to sink in.
The many activities associated with their actual dollar store start up stand as a huge barrier to opening the doors of their new business.
Actions such as locating, ordering, receiving and then setting up store fixtures begin to seem like a roadblock to the dollar store start up.
Then the reality of the amount of work required to actually identify the right products to sell, the vendors to secure those products from, how to receive, price and display the items looks to be an even bigger roadblock.
And all of this is in addition to setting up the cash registers, credit cards machines, telephones, interviewing, hiring and training the employees and so much more.
There are two tools to make the entire dollar store start up process easier.
1.
Project Plan
Don't become overwhelmed with all of the activities ahead as you prepare to start a dollar store.
Develop a simple project plan instead.
As startup actions emerge simply add them to the list on your project plan.
Then at the end of each day rearrange your list as follows: * Action * Date to start action * Date must be completed * Name of Source/Support/Vendor * Comments Place the actions that must be completed first at the top of the page and the actions to be completed last at the bottom.
Be sure to note overlapping actions in the comments section.
For example; you must have the store fixtures purchased and assembled before store merchandise can be stocked onto the sales floor.
2.
Store Layout Drawing
Help expedite the final installation of store fixtures, checkout counters and everything else on your sales floor by drawing up a store layout as soon as the location paperwork is finalized.
Check traffic flow and make sure you have maximized the sales space while eliminating all safety and security issues.
As fixtures arrive bring in a crew to actually assemble them in the proper location.
You will be ready to start a dollar store quickly when this work is completed properly.
There should be no problems requiring teardown and then moving gondola fixtures, store displays or check stands.
Those who start a dollar store can alleviate a great deal of frustration, and unneeded work by preplanning and then monitoring the actions required to open their new business.
The little bit of time required to develop a store layout drawing and a startup project plan are small indeed when compared to the results.
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