Achi news desk-
First thing: invest as little as possible in the store, preferably nothing. Shop owners make money only from shops. What they make is purpose built, and naturally expensive.
Besides the people who work in the business, your products are the most important thing. People pay more attention to products than devices. Shopfitters will tell you something else, of course.
Years ago, it was common for newsagents to spend $1,500 or more per square meter of leased retail space, and we would do that for business-specific fixtures. Magazine-specific fixtures, card-specific fixtures. There was a lot of noise that the change made for the business, setting the business up for success. Some groups considered their store as valuable intellectual property. Even if that were true, it is not true today.
Today, retail is all about the feel of the store and nothing achieves that feeling like everyday looking furniture pieces. Even better if they have some scars that bring some living history to the store. Indeed, some of the best installations I’ve seen have been found on the side of the road, in an old farmhouse, or in an opera house. buy.
The more accessories in your shop that come from these everyday situations, the lower the cost of fitting out your shop will be.
Get this table and bench set. It’s only $179 from Fantastic Furniture. I suspect there may be second hand ones for less and other similar flyers for less.
It is very flexible. Here it is in the window of one of my stores now.
The table and benches host these ducks.
The best advice I can provide when it comes to shoplifting at a newsagent or local retail business is to be thrifty.
- Loved in advance is loved: Look for second-hand furniture and accessories at op. Stores, garage sales or online stores.
- Renewal and reuse: Be creative! Old pallets can become shelves, boxes can become a display, and pipes can make clothes racks.
- Think multifunctional: Invest in furniture that serves multiple purposes, such as ottomans with storage or tables with built-in displays.
- Buy off the shelf in a purpose built place whenever you can. This is the best way to save money.
There are some on our channel who brag about their shopfit, how much it cost, what is unique about it. I suspect that if they were so open about the financial performance of their business, few of the braggarts would have to brag about them.
While there are parts of the business that you have control over, such as sweepstakes, there is much that you do have control over. Don’t think about it too much. If you integrate sparingly, the amount of cost that will change your approach is not that great. Also, the ability to financially justify constant change can help give the business a sense of constant change, which is good.
Oh, and if you really need something custom made for your shop, consider a local handyman (person) as they are likely to cost less.
Whatever you spend on fittings or furniture for your store should be fully recouped from sales in no more than three years, preferably less.
