A Partially Empty Sales Floor Costs You Dollar Store Sales

It is a real challenge to keep the sales floor of a busy dollar store business fully stocked and organized. After all the huge number of dollar store sales combined with the need to continually restock and straighten merchandise is a challenging combination indeed. Yet those who know how to start a dollar store recognize the importance of doing just that cannot be understated. The biggest consequence of failing to do so is lost sales. As you are about to discover those lost sales come from many different sources. Read on as I present a partially empty sales floor costs you dollar store sales.

Empty space on the sales floor means lost dollar store sales

Those who know how to start a dollar store recognize the most obvious of reasons for lost sales; it is the loss of sales in that specific, empty space. Never allow space to sit empty on your sales floor. Always immediately fill in with newly arriving replenishment merchandise, back stock items, or by spreading merchandise that is already on display.

Empty space on the sales floor motivates shoppers to jump ahead

As shoppers are slowly moving down an aisle examining everything available in your store, they will quickly skip ahead when they find empty display space. Not only do they frequently skip the blank space, but also sales area before and after that blank space. The result is lost sales! Keep your aisles properly filled to maximize sales per square foot of display space.

Empty space on the sales floor causes shoppers to ignore entire aisles

If shoppers see large areas that sit empty, or possibly multiple areas in an aisle without any merchandise at all they will often skip that aisle completely. When this happens you are losing not only the sales from the empty space, but also sales from all other products displayed in that aisle.

Empty space on the sales floor can lead to questions about you closing

If too much empty space is allowed to appear in your store the logical question from shoppers, employees and vendors will be about how long you are planning to remain in business. The consequences can be devastating to a business. Lost customers, tightening vendor terms, and employee unrest are all on the list.

Empty space on the sales floor can motivate shoppers to turn and leave

Those who know how to start a dollar store recognize there is a fine line regarding the amount of empty space shoppers will accept. When that line is crossed your shoppers will not hesitate even a moment before they turn around and leave. They will then go to a competitor’s store where they will stay if the right merchandise in the right quantities is available to them.

To your success as you discover how to start a dollar store!

Best Phone For Small Business Owners Who Need To Multitask

Need a phone that can multitask almost as much as you? The type of business you do and the amount of calls you have to handle will determine what kind of phone is needed. Office telephone systems are not cheap and when you purchase a system you want to get the most bang for your buck. Having an efficient telephone system will greatly improve the way you do business.

As a small business consulting coach, I can confidently tell you that effective communication is at the heart of any small business. Improper call management will definitely hinder the growth of a business and it is seen as extremely unprofessional. Implementing a small business telephone system will help solve the communication problem. The disadvantage of using the regular telephones with call waiting is that you can easily lose a call. And it is impossible to have more than 2-3 lines.

If you are in the market for a small business telephone system read on for a few ideas that just might work for your business.

1. The best telephone system in an office would have to be a PBX system. It can be purchased with up to 60 or more phones and can be bought to handle as many lines as necessary. You see them all the time in doctor’s offices and hotels.

These are the original multi-tasking telephone systems. Now they can be connected to the Internet and you can actually talk through your computer. Just make sure that when you buy web hosting for your company, you buy enough bandwidth to allow for heavy usages on the system. In addition to making and receiving phone calls, these phones have great features like voicemail, dial by name directories and different ring tone for each line.

2. If you are not in the office much and your job demands that you and your employees are out in the field then the iPhone is a great tool for multitasking and now they have the 3G that can also take credit card payments with the right attachment.

3. Nextel has a phone system that is great as well. These phones can be used as walkie-talkies as well as cell phones. The walkie-talkie feature lets you use it in close proximity for site to site co-ordination, this feature save your air time minutes.

4. Getting an office system that will allow for hands free operation, is a great way to multi-task in an office environment. You can find these online and most can be adapted to the phones you already have.

Finding the right multi-tasking phone is as easy as clicking your mouse and doing a search. There are so many great phones, from the iPhone to the blackberry that you will just have to compare them and pick out what would make better use of your business dollar.

Who Needs the Headaches of Owning a Dollar Store?

Owning a business is not as easy as most might assume. It isn’t a matter of simply opening the door for business and the customers start stampeding in with lots of cash in their hands. There is always an investment of time, money, sweat and often tears before a new business starts moving down the right path. Most of those who own a dollar store have their own stories of the challenges, troubles, and successes they have had with their business. In this article I present 5 reasons starting a dollar store might be the right business path for you.

* You are your own boss

Many have the goal to become their own boss. Owning a dollar store of their own is the vehicle which will get them to their goal. They seek the challenges of managing a business themselves. They relish the thought that success will be the result of not only their hard work, but also their good management.

* Financial rewards are there waiting

Starting this type of business requires an investment to set things in order for the actual opening of the store. There is money required for everything from lease payments to store fixtures and equipment. Don’t forget about the costs associated with buying the initial inventory and a quick replenishment order soon after opening. On the other side of the coin are the future financial rewards waiting for those who build sales and profits with effective marketing, cost cutting and store management.

* You provide the ‘value’ merchandise bargain hunters seek

In today’s marketplace there are more and more bargain hunters. These bargain hunters seek quality products as reasonable prices. Starting this type of business allows you to meet this need by providing those very products at low prices.

* You offer mainstay products to those who have limited funds

Owning a dollar store provides the opportunity to create a true win-win. On the one hand, sales of products create the ultimate business profits those who start this type of business seek. On the other hand, smart wholesale buying leads to great buys for those customers with limited funds to spend. These store owners can provide the most needed products at great prices for these shoppers.

* You set your own path for the future

Owning a dollar store allows you to set the goals for your business and yourself. It also allows you to establish the actions needed to achieve those goals.

Starting a dollar store isn’t for everyone. However for those who have dreamed of owning their own business, dollar stores offer many rewards. Follow good business basics as you prepare and start you business. Be sure to have adequate funding. Do not expect overnight riches – but know a well-managed store can achieve success.