| Let's face it; in today's world the costs associated | | | | anticipation of future sales growth. Install those you |
| with a dollar store start up are mounting at | | | | will need to function now. Then allow the business to |
| unbelievable rates. What's worse is even with all the | | | | grow and create a need to add. Sure it might take |
| empty store fronts, retail space is still not cheap. In | | | | some creativity to find the space, but in the |
| fact no-one can afford to spend even an extra dollar | | | | meantime you haven't lost even a square inch of |
| for retail space during or after their dollar store start | | | | sales area. |
| up. But there is more to minimizing this expense than | | | | Offices - Don't create individual offices for everyone. |
| just negotiating hard with your prospective landlord. | | | | Create a shared office for your store manager and |
| It is also important to make sure the space you | | | | assistant manager if you have them. Don't create |
| lease is as small as possible, yet as efficiently laid-out | | | | meeting rooms and other general use areas either. |
| as possible as well. | | | | Keep these areas to a minimum. Allow the extra |
| Receiving - Having a designated space for the | | | | space to go for either sales floor or reduction in total |
| receiving of incoming dollar store merchandise is | | | | square footage. Remember; long term, as profits |
| critical. It might be helpful to even allow some space | | | | arrive, you can add these spaces into your plans. |
| for extra incoming dollar store merchandise during | | | | We have just discussed some effective strategies to |
| peak sales times. However do not allow yourself to | | | | minimize the size of the storefront you open. Yet it's |
| create a gigantic receiving area that is seldom used. | | | | also important to make sure to also acknowledge |
| Back stock storage - Even thought you will work to | | | | there is no need to cut down so much that you |
| minimize the amount of dollar store merchandise | | | | actually hurt your business. After all, it is important to |
| placed into back stock, there is still a need for an | | | | have all the space required for success. So plan |
| excess inventory storage area in your store. The | | | | carefully. Make sure every square inch of space is |
| key is to minimize this area by minimizing back stock | | | | needed. Then be as efficient as possible about |
| and by storing as much excess dollar store | | | | putting every square inch to work for your business. |
| merchandise as possible right on the sales floor. | | | | To your successful dollar store start up! |
| Cash registers - Don't install extra cash registers in | | | | |