 Wysłany: Pon 18:02, 21 Mar 2011 Temat postu: timberland outlets 0669 |
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| 5 Buying Actions During Tight Times when you Own a Dollar Store by Bob Hamilton
At one occasion or another almost every business runs into a time when cash gets tight. Fortunately there are many possible actions to take in response to this challenge. Some owners will respond by freezing spending until revenues reach levels to cover the fixed costs. Others will selectively reduce spending with the goal to never hurt long term business health and success. Then there are those who will simply throw up their hands and cease operations. While each business and its problems are unique, it is important to remember the expected and unexpected consequences associated with every action you take. For example care must be taken in the continued purchasing of dollar store items. After all, if those who own a dollar store allow the store to become hazardously low on merchandise, sales will nosedive to levels that become almost impossible to recover. In this article we will examine 5 merchandise buying actions that can help your store survive during cash flow problems. #1) Become a bargain hunter. Shop the supplier sales for dollar store items. Become a comparison shopper. All of these combine to ensure you are paying the lowest possible prices for the merchandise you must have. Be sure to add more companies to your list of potential suppliers. Ask all suppliers to forward sales,air max 89 shoes, closeouts and other price reduction information whenever items go on sale. #2) Stop buying in case lot sizes. When money is short look for buying opportunities that include breaking cases down. After all it might take months to sell a case of 144 items, but you can turn your money over in a short number of weeks when you purchase the same items in quantities of 12 or 24. #3) When you own a dollar store start focusing on companies that provide freight caps on purchases. As you start buying smaller quantities more frequently, these are the companies that will save you money. Ask every supplier about freight caps and what you need to do to have freight paid or capped on dollar store items you order from them. #4) With money tight, this is the time to add closeout companies and liquidators to your supplier list. Start looking for opportunities to purchase new dollar store items for pennies on the dollar. You save lots of money, your profit margin grows,nike shoes women, and your shoppers are thrilled as more and more merchandise comes into your store. #5) If you own a dollar store and have cash flow problems,ghd limited edition, the time is right to start working with other store owners to cut costs. Begin looking for other store owners who are willing to split loads of dollar store items with you. Approach these same owners about trading merchandise. See if they might be willing to share freight costs and begin bringing in full truck loads with the lower freight costs shared among several stores. To your dollar store success,timberland outlets! .Topics related articles： choo 4042 sneaker tods 3759 suede pumas 6649 |
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