Updated: Aug 31, 2022
In times of crisis, some segments still find strength in the economy. Like the food, information technology, and supply sectors. Thus, setting up a snack bar or a mini market can be a great investment. For example, a mini market is indispensable in a neighborhood with a large flow of residents. Be it commercial activity or just residential.
One of the advantages of the mini market is that there is no need for a large amount of stock. Or large property. Often, ample space and a willingness to work are enough.
The billing is certain because, despite the little variety of items, the food and products offered are of primary need. However, what makes a mini-market take momentum and increase its revenue even more? Below are some tips on how to set up a mini market.
How to set up a mini market?
Having analyzed the viability of the business, look for an accountant and study with him the accounting regime that best fits your company.
In studying how to set up a mini-market, the first favorable point is the location, accompanied by the variety of items that the business can provide. For example, in neighborhoods with more traffic, a well-located and good-looking mini-market tends to attract more customers. It conveys credibility, comfort, and security. Applying automatic turnstiles can increase security.
Firstly, it is necessary to take into account the business objective (meet the demand or grow and expand); the target audience you want to reach; the existing competition (how does it work? How long have you been in business? What's interesting? How is your service experience?); the conditions of the property and the access roads.
The location and structure of your mini-market should take some points into account. As there is a large volume of cargo arriving, it is likely to be daily, if there is no loading and unloading area within easy reach, this process can be more laborious than it already is. Regardless of being a residential area, many people use cars or other means of transport to go shopping. So make sure the parking space is wide and connected to your business, to make it easier for your customers to transport purchases.
After completing the whole bureaucratic process of setting up a mini market and deciding where it will be located, the next step is to think about setting up the physical space. Therefore, it is important to remember that what characterizes a mini market is a sales area of up to 150m² or up to 4 checkout boxes.
Within its mini-market, it is also possible to invest in a small office so that the administrative management of the business and spaces for bathrooms for customers and employees can be carried out. Invest in wide and spacious corridors, aiming at better comfort for your customers. Thus, trolleys and baskets must be compatible with the size arranged in your corridor. If possible, place a cabinet with dividers and keys for your customers to store bags, purses, or other belongings during the time of purchase.
In the checkout area, which is usually found at the exit of your business, is where your customers spend the most time without looking for something on the shopping list. Therefore, products placed on displays positioned near the cash register draw attention and generate impulsive purchases.