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If you are about to open a dollar store don’t expect everything to be exactly as you had planned. There will be unexpected issues to confront and resolve. There will be challenging hours associated with business ownership in the retail industry. There will be all of the special issues associated with owning your own business. That means on top of the difficulties there will be the rewards. In this article we will examine a few of the reasons dollar store owners must be very committed to their business to succeed. Every business owner faces unexpected problems, stresses and demands. That includes those who open a dollar store. There will never be a dull moment. Your every hour will be will filled with demands as you are pulled from one task to the next. One minute you could be conducting a department inventory, the next helping customers with their purchases at the cash register. Not one minute later you could be driving a forklift to unload a newly arrived delivery of dollar store merchandise. Often you will need to make decisions about exactly what priorities are most important. With so many demands on you and your business this will be a daily occurrence. You’ll need to make decisions about what priorities you address. You’ll need to make decisions about the priorities your employees address as they work their scheduled shifts. And those priorities will likely stop and change many times throughout a typical day. As employees clean and straighten displays of dollar store merchandise a huge number of shoppers may walk through the door at the same time. Thirty minutes later they will all arrive at the checkout area at the same time, requiring every employee to stop and help as the shoppers pay for their purchases. Of course your business will be running at a face pace, so the number of shoppers and the volume of dollar store merchandise sold every day will create their own unique set of challenges. The sales volume will astound you. That means almost every day will have different tasks revolving around those sales. You’ll be looking for new suppliers, creating and submitting orders, tracking deliveries, receiving freight, putting that freight on display, and then working the check stand to help customers with their purchases. Owning your own business presents its own set of challenges. When you open a dollar store remember you are in retailing. The industry involves long hours, and often 7-day per week operations. You’ll constantly be working to meet the demands associated with dollar store merchandise sales. You’ll be the complaint department, the accounts payable department and so much more. To your dollar store success! Want the best ideas to earn from your dollar store business? Check out "Tactics to Add Streams of Income to Your Dollar Store Business" at www.OpeningADollarStore.com.
Bob Hamilton is an entrepreneur, author, writer, business consultant and trainer.
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