Archive for March, 2011

Small Goal Setting To Get To The Big Ones

March 8th, 2011

When it comes to making your dreams a reality there are many different ways that people go about trying to accomplish it. Some just pray and hope that something will change in their lives to get them to where they want to be. There are people that believe in the one bullet method of achieving success, whether it is the lottery or something like that. If you want to make sure that you get what you want in life then you are going to want to depend on something other then hopes and wishes to get you there. You are going to want to use goal setting.

You might have already started to use goal setting as a way to get to the finish line. You probably have a goal that you want to make a certain amount of money each month. This is great, but what are you going to do in the months or even years that it takes to get to this grand plan. You need to create some smaller road markers on the path that you are following. This is called small goal setting.

Step One

You want to make sure that when you are breaking down your big dreams into smaller achievements that you are putting them close enough together to give you motivation. For example if you are just starting a business, your first step in your small goal setting might be to successfully to get everything setup and live.

Step Two

In small goal setting, you are going to want to use each step that you achieve to build on to get to the next. This is how successful business people work. You have created a business that is up and running. Now you want to make your first dollar from the endeavor. This makes sure that you are always moving up and towards the finish line that you have set for yourself.

Step Three

One of the most overlooked parts of this process is celebrating the small steps that you have achieved. You do not have to go out to a fancy dinner every time that you get to one of the small goals that you have set for yourself. Patting yourself on the back or perhaps even treating yourself to a small slice of cake are some ways that you might want to celebrate even the smallest of achievements. Doing this will help to keep you motivated as you continue to build your business.

A Winning Tactic to Reduce Dollar Store Start Up Costs

March 8th, 2011

Many who are about to undertake a dollar store start up are looking for methods to minimize their actual startup cash requirements without hurting their ready-to-open store. While there are several effective methods to reduce your costs, do not make bad assumptions regarding starting without adequate financing. You must have the right amount of cash in-hand before starting. You also need to maintain adequate reserves to cover for inevitable unexpected problems. There is nothing worse than being ready to get your dollar store start up underway and discovering you do not have the funds to operate until your business is profitable.

But if you do have adequate funding, here is a winning strategy to help you shave a few extra dollars off your actual dollar store start up. This strategy is all about purchasing slightly used fixtures, equipment and tools for your business. Read on for more on this important topic.

The types of fixtures, equipment and tools you can purchase used could include:

• Used store equipment

* cash registers
* credit card machines
* POS system
* Telephone system
* Security system

• Used fixtures and counters

* gondola fixtures
* rolling displays
* cash register stands and wrap areas
* desks
* other office equipment such as file cabinets

• Warehouse shelving and equipment

* Forklift
* pallet jack
* hand trucks
* storage bins
* stock room shelving
* sorting tables
* pricing equipment
* ladders

Go to work shopping for store asset purchase opportunities. Fortunately finding sources for these important assets is actually pretty easy. It will take a little of your time to run down leads and then to follow-up and verify the details. Some great sources include:

• Conducting online searches for the fixtures, equipment and tools you need. Craigslist.com can be a great place to start.

• Ask your dollar store suppliers and their sales reps for leads to closing or already closed stores. They can often provide all of the contact information as well.

• Speak to other local dollar/discount store owners. Those who have been in business for a time will know about other dollar/discount store owners in the area. They are also often aware of who is trying to sell, has sold, and who is liquidating their stores.

Buying used is a very good strategy for those who are on a tight startup budget. Be sure to remember there will be extra labor required when purchasing used versus new. For example, someone will need to tear down, transport, clean and then reassemble all fixtures, stands and shelving. Even with this extra labor, this can be a true winning strategy when you negotiate the right prices.