Opening A Dollar Store - It Is About Priority Setting
One of the biggest challenges that every small retailer who is opening a dollar store faces is having the time to complete the millions of little things that must be done each day. Many of the tasks include must-do items that are required just to keep the store(s) open and operating. Smaller retailers must remain involved in almost all aspects of the business. They simply cannot afford to hire employees to handle those duties.
There are bank deposits to make. Previous day receipts need to be counted and new cash register set-ups assembled. There is merchandise to receive and price. There are new orders to be written and forwarded. New displays need to be completed. Store signage needs to be updated. Sales and promotions need to be developed. Then there is the last minute phone call from an employee who will not be coming in to work!
With an often over whelming amount of work to be done, and a limited amount of time to complete that work, effective small business owners who are opening a dollar store must master the art of priority setting. Prioritization of tasks will insure that critical tasks for business operation are completed first. Less important tasks will remain incomplete and carryover to a time when they can be completed.
Retail tasks prioritization can quickly be completed when a set of criteria is identified. For example, the highest priority tasks might be those associated with daily store operations. In this group tasks such as cash register set-up, store cleanup and preparation for opening, daily scheduling of employees, actually opening the store, and others will be included.
The next level might be tasks associated with customer service. That might be followed by merchandising and stock work, and on down the line. All retailers who are opening a dollar store will have a little different perspective on what the right priorities for their store.
By prioritizing tasks in this manner the retailer who is opening a dollar store can be sure that the most important tasks always are completed first. By following this process, tasks that are left incomplete will have less impact on the successful operation of your business. Give prioritization a try.
To Your Retail Success!
There are bank deposits to make. Previous day receipts need to be counted and new cash register set-ups assembled. There is merchandise to receive and price. There are new orders to be written and forwarded. New displays need to be completed. Store signage needs to be updated. Sales and promotions need to be developed. Then there is the last minute phone call from an employee who will not be coming in to work!
With an often over whelming amount of work to be done, and a limited amount of time to complete that work, effective small business owners who are opening a dollar store must master the art of priority setting. Prioritization of tasks will insure that critical tasks for business operation are completed first. Less important tasks will remain incomplete and carryover to a time when they can be completed.
Retail tasks prioritization can quickly be completed when a set of criteria is identified. For example, the highest priority tasks might be those associated with daily store operations. In this group tasks such as cash register set-up, store cleanup and preparation for opening, daily scheduling of employees, actually opening the store, and others will be included.
The next level might be tasks associated with customer service. That might be followed by merchandising and stock work, and on down the line. All retailers who are opening a dollar store will have a little different perspective on what the right priorities for their store.
By prioritizing tasks in this manner the retailer who is opening a dollar store can be sure that the most important tasks always are completed first. By following this process, tasks that are left incomplete will have less impact on the successful operation of your business. Give prioritization a try.
To Your Retail Success!
One of the biggest challenges that every small retailer who is opening a dollar store faces is having the time to complete the millions of little things that must be done each day. Many of the tasks include must-do items that are required just to keep the store(s) open and operating. Smaller retailers must remain involved in almost all aspects of the business. They simply cannot afford to hire employees to handle those duties.
There are bank deposits to make. Previous day receipts need to be counted and new cash register set-ups assembled. There is merchandise to receive and price. There are new orders to be written and forwarded. New displays need to be completed. Store signage needs to be updated. Sales and promotions need to be developed. Then there is the last minute phone call from an employee who will not be coming in to work!
With an often over whelming amount of work to be done, and a limited amount of time to complete that work, effective small business owners who are opening a dollar store must master the art of priority setting. Prioritization of tasks will insure that critical tasks for business operation are completed first. Less important tasks will remain incomplete and carryover to a time when they can be completed.
Retail tasks prioritization can quickly be completed when a set of criteria is identified. For example, the highest priority tasks might be those associated with daily store operations. In this group tasks such as cash register set-up, store cleanup and preparation for opening, daily scheduling of employees, actually opening the store, and others will be included.
The next level might be tasks associated with customer service. That might be followed by merchandising and stock work, and on down the line. All retailers who are opening a dollar store will have a little different perspective on what the right priorities for their store.
By prioritizing tasks in this manner the retailer who is opening a dollar store can be sure that the most important tasks always are completed first. By following this process, tasks that are left incomplete will have less impact on the successful operation of your business. Give prioritization a try.
To Your Retail Success!
There are bank deposits to make. Previous day receipts need to be counted and new cash register set-ups assembled. There is merchandise to receive and price. There are new orders to be written and forwarded. New displays need to be completed. Store signage needs to be updated. Sales and promotions need to be developed. Then there is the last minute phone call from an employee who will not be coming in to work!
With an often over whelming amount of work to be done, and a limited amount of time to complete that work, effective small business owners who are opening a dollar store must master the art of priority setting. Prioritization of tasks will insure that critical tasks for business operation are completed first. Less important tasks will remain incomplete and carryover to a time when they can be completed.
Retail tasks prioritization can quickly be completed when a set of criteria is identified. For example, the highest priority tasks might be those associated with daily store operations. In this group tasks such as cash register set-up, store cleanup and preparation for opening, daily scheduling of employees, actually opening the store, and others will be included.
The next level might be tasks associated with customer service. That might be followed by merchandising and stock work, and on down the line. All retailers who are opening a dollar store will have a little different perspective on what the right priorities for their store.
By prioritizing tasks in this manner the retailer who is opening a dollar store can be sure that the most important tasks always are completed first. By following this process, tasks that are left incomplete will have less impact on the successful operation of your business. Give prioritization a try.
To Your Retail Success!
posted by zzzzzzzzzzz at
5:32 AM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home