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Opening new store need r/magicTCG advice and opinions

A friend and I decided to open a game store (along with selling comics, collectables, and vinyl) with a big emphasis on Magic. I've recently been reading through a lot of this community and you all seem like you pack a lot of knowledge and experience. I want to know from you guys and gals how to make our store awesome or things that some stores don't do that you wish they did. Any advice would be appreciated!

bdrago

Posted 13 years, 4 months ago (Source)

As a tax preparer, please maintain a good look at your store profit / loss statement. Record cash flow, keep track of inventory, report depreciation properly, don't throw receipts, and know which is big money, loss leading, and useless transaction to cut the loss.

Keep cost under control, keep track of profit per product, and be willing to cut off something that is draining the business financially.

Invest in a good safe box for valuable products or use bank safe deposit.

Hire someone to clean twice a week; one on Saturday and one at Wednesday.

For the love of God, clean the lavatories for hygiene and sanitation reasons!

Maintain Internet and brick presences are good for business.

Here's some really good advice from a brand new store in Phoenix.

http://www.gamehead.com/article/1880/5-mistakes-owners-make-when-opening-game-stores

<blockquote class="quoted">
    <div class="md"><p>As a tax preparer, please maintain a good look at your store profit / loss statement. Record cash flow, keep track of inventory, report depreciation properly, don't throw receipts, and know which is big money, loss leading, and useless transaction to cut the loss. </p>

<p>Keep cost under control, keep track of profit per product, and be willing to cut off something that is draining the business financially. </p>

<p>Invest in a good safe box for valuable products or use bank safe deposit. </p>

<p>Hire someone to clean twice a week; one on Saturday and one at Wednesday. </p>

<p>For the love of God, clean the lavatories for hygiene and sanitation reasons! </p>

<p>Maintain Internet and brick presences are good for business. </p>
</div>
</blockquote>
<div class="md"><p>Here's some really good advice from a brand new store in Phoenix. </p>

<p><a href="http://www.gamehead.com/article/1880/5-mistakes-owners-make-when-opening-game-stores">http://www.gamehead.com/article/1880/5-mistakes-owners-make-when-opening-game-stores</a></p>
</div> (<a href="https://www.reddit.com/r/magicTCG/comments/zgd3w/opening_new_store_need_rmagictcg_advice_and/c64ksoy">bdrago</a>)
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Opening new store need r/magicTCG advice and opinions

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