Grocery is a promising and profitable business

Grocery is borrowed from the Arabic language the word (literally translated as “look and take it”), in the authentic version meaning dry foods: raisins, dried apricots, various cured meats. In Turkey the word “bakkal” was the name of the grocer. Currently, the name has spread to a wide range of food products: tea, coffee, flour, salt, cereals, sugar, pasta, snacks, spices and other dry or bulk food.

Grocery is an indicator of the economic situation in the country. As a small business it is possible to tell, what prices are the products of the first necessity, what they demand, whether there is a shortage of certain goods, etc.

The benefits of a grocery business

Grocery has a number of advantages over other types of trading business.

• Stable demand for the goods.
• Grocery has a long shelf life and requires no special storage conditions.
• Savings on rent of warehouses and additional facilities. Commodities such as sugar, flour, coffee, decided to store directly in the retail environment in bags or bales. It is not necessary to take them into the storeroom.
• As a rule, grocery departments - not the most favorite path shoplifters: the goods are great value, and hack the trading room for a couple bags of pepper and sugar, almost no one will.
• No need to recruit large number of staff and the hall staff. Visitors can measure out the required quantity of products. Needed a man for weighing and direct calculation at the checkout.

In Russia this business is not very developed in terms of technology and price policy in comparison with Western countries.

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The Grocery store as a form of business

Grocery is a very popular type of goods, while the owner of this business, remember that visitors are very important prices and a wide range of products. Pricing is often a factor in determining the sympathy of buyers, or lack thereof. When the competent organization of the grocery store will bring a stable and high enough income. Modern standards in this area are increasing year by year: the convenience of the room, availability of goods, presence of all the price tags, the system “touch”, fast service, etc. also Important is the geographic aspect: verify that the location of the store provides easy access by car with free Parking. Ideally, the grocery store should be easily accessible for both motorists and pedestrians. Courtesy of staff plays a big role in creating the overall image of the store.

For this business one of the main tasks (and also difficulties) represent suppliers of goods. The conditions under which an agreement will be signed with them, will directly influence the profitability and payback of the project. In the grocery business properly organized supply of food – half of success. Of course, in big cities there is a high competition, which involves fighting for the most beneficial suppliers.

Grocery is an actual and promising business, which with proper organization and an integrated approach will ensure its owner a steady income and quick return.