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Email from Customer with answers
February 15, 2006
Good Morning Philip,
Sorry I missed your phone call when you called. I am still interested in
the Dollar Store Business. Some of my questions are listed below until I
get the opportunity to speak with you.
1. What is included in your store package?
2. Will you negotiate with the store owner on my behalf in getting the
best lease for his property?
3. Will you create a business plan for the store that can be used to get
grants and do you help in getting grants for this business?
4. How long will it take to get started?
5. A new mall is being built at One Road and Another, off highway 50 in
Maryland. Will you consider a location that I find interesting or do you
help in finding the location for the new store owner? (I would like to
have a small store but not sure of the size.)
6. Will there be training and who will provide this training and is
there a cost?
7. Will I need a business license a permit and will you help in
obtaining them?
8. What legal aspects do I need to consider?
9. What about zoning laws will you look into that, Will this be a form
of corporation, partnership or sole proprietorship, do I need a lawyer
to answer these questions or is it my choice?
10. How do I set wage levels?
11. Money:
How much money will I need to start the business?
How much money will I need to stay in this business?
How much money do you require for your assistance?
12. Will I have to sign a contract with you stating that I must buy
directly from your company and no other company the materials needed for
the
13. Do I need a merchandise plan to help determine the amount of
inventory needed to control purchases?
14. Will I have to pay you a % of the profits?
Philip, you can reach me at home after 6:00pm on Monday-Wednesday and
weekends or you can send information to my home address listed below.
Please leave a message if I am not available if you call. Please use my
home e-mail for a response if you prefer
Thank you,
XXXXX in MD
Email Reply
Hi XXXXX,
Sorry that we missed each other. I will try to respond to your questions
in order:
1) Our complete store package includes everything you need:
a) Site location and lease negotiation
b) Store layouts, Plano-grams and build-out
c) Full Inventory
d) POS – Point of Sale equipment + solutions
e) On-site Training
f) Continuous support
2) Yes, we will help you find the best
location for your store and negotiate your lease. We have licensed
commercial real estate professionals on staff.
3) Yes, we will create business plans for you which may be needed to
help secure your space or acquire financing. As far as grants are
concerned, you should contact your local, state and federal
representatives to find out what grants may be available to you in your
area.
4) Usually the most time consuming part of the process is finding a good
location and negotiating your lease. This is the one area that you don’t
want to rush as it is the most important. Conservatively, this process
takes between one to three months. Once your location is secured, it
takes between three to four weeks to get your store set up completely.
5) As previously mentioned, we will help evaluate any location that you
desire and help you find the best location (s) in your targeted area.
6) We provide training at no cost. Our customers can contact us any time
they feel if they need for more training or consultation.
7) When you lease a retail space, you have to pay an occupancy tax to
the city or county. This occupancy tax or permit is referred to as a
“Business license” in some areas. It is very easy to obtain and should
not be confused with actual business licenses such as real estate
licenses or nursing licenses which require state certification.
8) You should have your attorney examine your lease before signing. You
may also use his services to incorporate your business.
9) All shopping centers are located in commercially zoned areas.
10) Wage levels vary from one area to another. We can advise you as to
what you may expect to pay for managerial or clerical help.
11) Our website www. buck store .com covers the costs of opening a store in
detail. We breakdown all of the basic costs there for various size
stores. Besides the set up costs you will also need operating capital to
cover your rent, security, utility and telephone deposits and any other
miscellaneous expenses that you may have in the early weeks of your
store. We can advise you on these costs (we do a complete Sales
Projection) when we help prepare your store business plan for your
specific location.
12) We are direct importers and wholesalers of dollar store merchandise.
You are not obliged to buy from us.
13) We provide you with a state of the art Inventory Control (POS)
system which makes ordering and re-ordering simple and effective. It
enables you to constantly be able to improve your stores performance on
the fly.
14) We do NOT collect any royalties whatsoever.
To summarize, Buckstore offers you a complete turnkey store package at
cost price. Our services should not be confused with the numerous
telemarketing companies that have been formed over the years that will
offer you a store at much higher prices, with much less inventory and
negligible, if any, customer service. We enable you to get your
merchandise direct from the warehouse. Pennies count in this business.
The savings you get from dealing with us can possibly be difference of
your store making a comfortable living or not making any money at all.
Please feel free to call me any time you like during business hours and
I will be happy to answer any other question that you may have.
Regards,
Philip Storch
Buckstore, Inc |