How Do You Cut Dollar Store Costs When Starting A Dollar Store Business?
When starting a dollar store controlling costs is a top priority. Do everything possible to keep all costs inline. In fact, doing anything that can be done to reduce your costs is a wise move to make. Examine the big three; lease payment, payroll, and merchandise costs first. While each of these deserves focused attention, the most leverage is associated with merchandise. With such a huge volume of items being sold, every penny you can reduce this cost makes a huge impact to the bottom line of your business. Reduce the cost of the merchandise purchased from your general merchandise suppliers. The best ways to do this are to be always on the lookup for closeout items. But don’t stop there. Many general merchandise suppliers will offer monthly specials that often include the hottest selling items in your store. You know these products will sell. So, stock up whenever they are on sale. Beware; often the most popular items sell out fast. Purchase as soon as you are notified of the sale pri
