Forklift versus No Forklift – What's your Decision?
Forklift versus No Forklift What's your Decision
?
If you are about to open a new dollar store, it may seem like this simple business takes much more startup capital than one would imagine. As startup costs continue to escalate, you may discover the total required to pay for all of the required startup activities, improvements, equipment and dollar store merchandise seems to be on a never ending climb. So when the time comes and you face the decision of how to best handle the incoming wholesale dollar merchandise needed for not only the initial stocking of your store, but then to keep the sales floor displays filled to the brim with dollar store merchandise, one of the biggest questions is whether you should invest the many thousands required to add a forklift to your arsenal to properly handle newly arriving wholesale dollar merchandise.
In this article I present some of the reason you should seriously examine adding a forklift. If you have a small store, easy access to a loading dock or ramps for unloading incoming wholesale dollar merchandise, or some other no-cost or low-cost solution, then by all means you should take that option and run with it. However for many, the answer is not as simple. There are absolutely costs associated with failing to add a forklift. Read on for 3 important considerations as you ponder this important question for your business.
Examine all of your options. Do not assume the only option will be to purchase a forklift. For low-volume retailers a quick run through the numbers may point to using truck lift gates. In other cases there may be a neighboring business, or an open loading dock which can be used for offloading incoming dollar merchandise.
Verify lift gate charges prior to authorizing shipment of your wholesale dollar merchandise. Be sure to request a lift gate truck if you cannot offload incoming dollar store merchandise. After all, few smaller dollar stores will have access to trailer-level facilities such as ramps or loading docks.
Check the numbers associated with buying and maintaining a forklift versus paying lift gate fees. Factor in your store size as well as the volume of dollar store merchandise sales you anticipate. Make the decision which is most cost-effective for you specific business needs.
A forklift can be a major investment for a new dollar store business. Yet it may end up as the most cost effective method for handling the arrival of the many pallets of merchandise which will be coming to your store. Run the numbers. Make the best business decision possible.
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