Control the dollar store startup costs

Many who are thinking about the idea of becoming a dollar retailer are concerned about dollar store start up cost. They don’t know exactly how much it will take to get their store opened and operating. They don’t know exactly how long it will be until profits start rolling in. And of course there are concerns if some major expense is forgotten along the way. Fortunately there are many great methods for gaining this information. You can read books, consult with a dollar store expert, or even speak with existing dollar store owners for ideas. Of course having an accountant and attorney on your side also helps; especially when they know the dollar/discount business world.

One of the strategies for reducing the start up costs for your new business is associated with buying used rather than new equipment, furniture and fixtures. Often locating gently used can significantly reduce the investment in these items. In this article I will examine some examples of equipment to consider purchasing used. I will also provide some ideas about lowering the investment in dollar store merchandise for your start up. Here are some great cost saving ideas to consider:

· Used fixtures and counters. It takes time, and follow-through to locate the best deals. While you may be lucky enough to find an ad for the perfect store fixtures and display counters, often the best deals require more work. Look for announcements of stores going out of business, or relocating. Then follow-up and see if there might be a great buy just waiting.

· Used stockroom equipment. The list is long. Your company forklift, pallet jacks, hand trucks, and ladders are a start. But don’t forget to include the shelving in your backroom, and other tables, and sorting equipment for the merchandise receiving area.

· Used store equipment. Gently used cash registers, credit card machines, POS system and even your telephones should be a consideration. Don’t forget to look for used hand baskets and shopping carts as well.

Cut dollar store merchandise costs right from the start. Establish realistic plans and funding for those plans. Then go to work on the dollar store start up costs associated with your initial product orders. Look to liquidators, closeout companies and overstock companies. Then continue by examining general supplier sales. Finally attend one or two industry trade show and take Special event product price advantage.

How the dollar will remain successful boot!

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