In todays tough economic times retailers are really stuck in a difficult position. On the one hand they must face a marketplace where shoppers are definitely less willing to part with their hard earned money. This behavior is reinforced as almost everywhere you look there is another economic doom and gloom statistic or report. On the other hand the costs associated with owning and operating a retail business are rocketing ever-higher. For those...more
The cruel reality when your own a dollar store is the margins are extremely tight. If you are to create dollar store profits you must be a good business person. You must understand how to manage inventory. You must know how to purchase wisely. You must know the drivers to increase dollar store profits. For example, it is a mistake to waste time and effort on actions that return a few dollars in cost reduction rather than actions that can yield...more
Starting your own new business has many challenges, especially when its a dollar store. There are questions about the right format, which location is best, how big does the store need to be, what is the right time of year to open, where to find the best dollar store merchandise, and so much more. Answering those questions is where locating a knowledgeable dollar store expert can really help you. To learn more just read on. In this article I present you dont need to go it alone when opening a dollar store.It doesnt need to cost and arm and a leg to get the dollar store expert help you need. Really examine your options. They range from doing everything yourself to purchasing a deluxe package that includes everything you need done. Basically you will walk into a store that is ready to operate. Theres no need to purchase a package deal that costs thousands of dollars more than you really need or want to spend however. Get only the help you need and no more. Many experts claim the only way you can achieve success is by following their direction step by step. Yet what about the things you already know? What about the actions that you can take yourself without paying for help?...more
Starting your own business is filled with risks, challenges and unexpected problems. Yet for those who take action and actually start there own business there is the potential for so many rewards. Theres the pride of ownership. Theres the freedom of being your own boss. Theres the potential to make big profits. The list goes on. For those...more
Despite the worsening conditions of our economy, quick-thinking individuals still manage to find success in opening niche, but profitable businesses. These businesses prove not only to be very financially rewarding, but they also have the ability to elevate the status of the people who make the decision to take their life into their own hands.So if...more
Sounds too good to be true doesnt it? Believe me its not. I know firsthand its my real life story and now I coach other people to hit goals they never dreamed possible! Herere the facts: In less than a year I went from 0 (actually less than zero, I had debt) to a new sports car, a newly furnished beautiful home, and yes, a trip to Disneyland! Its a very simple method I developed and Im going to give you the Coles notes version to do it for yourself!Early in my career I had achieved a good financial status by applying my own brand of goal achievement, time management, and sales 101. My results were good, I was comfortable and not motivated to work any harder, I was enjoying life! Then came the moment my life changed dramatically and I lost everything! Needless to say I was now motivated to produce some different results! I had to make money fast, pay off debt and find a home. This opportunity set me up for a lifetime. (At the time it was an opportunity I would have gladly passed on!) Heres how I quickly got results. Its a very simple and easy plan that works for me and our clients:1. Create a crystal clear objective of the goal you want and steps of how to get there....more
Due diligence is an essential step in real estate investment. After selecting the property type and geographic location, the investor needs to ascertain he has accurate information regarding the physical asset, financial performance, tenant base and...more
Truly Great Leaders expect maximum productivity from everyone!In High Performance Teams absenteeism is very low, productivity is high, and people are busy doing what they should be doing to contribute, they are entirely relaxed about the leader and...more
All project management is risk management (Eric Verzuh)Risk management is an essential activity in any project or organisation. Risk is defined by M_o_R (Management of Risk, the OGC risk management methodology) as uncertainty of outcome. A risk...more
Every activity and situation carries risks. Whether you are launching a new project, providing ongoing services or heading a strategy for widespread organisational change, thorough and effective management of the risks involved is essential to ensure...more
Amid the frenzy of homeowners facing foreclosure, potential buyers struggling to obtain loans and banks, lenders and realtors trying to stay afloat, I feel like there are lots of questions that no one is asking! Correction, the regular guy on the...more
For many people the thought of using an online e-currency can be a scary thing. We have all heard the horror stories of people being scammed and money being stolen by dishonest companies, but there are some companies out there that have worked hard...more