Whether you are
closing a store due to poor performance or retirement, it
is a difficult decision for any retail store owner. Get
some information first, before you make a decision that
you regret later.
There are many
things to do in a going out of business sale. This
includes setting up advertising, determining pricing, how
to sell fixtures, when and what to tell employees,
merchandising the stores as it sells down and more. The
emotional attachment to the store can be a difficult
thing to deal with in this process. However, you need to
make rational decisions that will produce the most return
out of the store.
Some of the
questions the store owner may have include
:
1.How much should
you mark down items?
2.How do you advertise this sale,
especially the opening?
3.When do you tell employees and
how do I keep them from leaving?
4.When do you start getting ready
for the sale?
5.What is the best way to sell
fixtures and store equipment and supplies?
6.How many and what kind of signs
do you need?
7.What day should you start the
sale?
These questions
and many others are why a retail store with $100,000 or
more in inventory should have a professional liquidation
company run the sale. The extra return from experts will
more than make up for the fees. You only have one chance
to do this right. If you start a liquidation sale and
mess up, you have cost youeself thousands of dollars that
cannot be made up.
DWS has plenty of
experience doing liquidation/ retirement sales. Del will
tell you if the sale is feasible unlike some companies
who just want to put money in their pocket. Call Del at
1-800-771-5119 for a free consultation and told him that
you saw it on Jerry's
site.
I can always come
out to your store after talking to Del to give you a
better ideal of what to expect, since I would be the
consultant managing the sale. Call Del now at
1-800-771-5119 to get what you deserve out of your
retail store.
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