08 Sep, 2017

Dollar Store Franchise

The dollar store franchise is certainly a force to reckon with in the franchising industry because of the great and amazing offers that they normally have for shoppers. These stores usually have different types of merchandise and each is usually sold for only $1. The great thing about this franchise is that all of its stores have merchandise that are of high quality which means that the value given surpasses that which is received from the other stores. Many people are usually baffled by the gimmick that this franchise uses in order to be able to deliver great quality merchandise at cheap prices. The secret behind the dollar store franchise is that they purchase the products which they normally sell in bulk which means that they are able to get discounted prices. In addition to this, wholesalers and manufacturers usually discount their products occasionally due to various reasons but not because they are faulty or of lower quality as most would assume. The dollar store franchise ensures that it is amongst the first to get the news about such discounts owing to the fact that it has been able to establish great relationships with these suppliers from all over the world. The success that the dollar store company has been able to achieve has enabled it to spread into many different locations nationwide. The Wall Street Journal and the USA Today are two entities which can testify to this fact because they named the dollar store franchise as one of the most profitable franchises to own at the present moment. This can be attributed to the fact that most consumers prefer them and the franchisee does not need prior retail experience in order to run the business successfully. This is because the franchise has a business model that has proven to be very effective and efficient in producing results. This is a franchise that will assist the potential franchisee in acquiring the most strategic location, coming up with the store design & layout, marketing and the selection of merchandise. Even though the dollar store franchise does not offer financial assistance to its potential franchisees, it gives them plenty of the essential initial and on-going support. This is very important in the day to day running of the business because the franchisees will be sure of receiving support very fast in the event that they are stuck and in desperate need of it.