For those who have experience in convenience stores, is it still suitable for you to do so?

It is good to open a convenience store. After all, the convenience store industry has a very broad space for growth in our country, and its development prospects are very promising.

To do any business, there are three basic elements that must be determined:

1. Project

In terms of projects, the development prospects of China’s convenience store industry are very promising. And the convenience store industry has relatively high profit margins. At the same time, the entry threshold for the convenience store industry is not too high. Many convenience store giants in developed countries are optimistic about the Chinese market and have supported some Chinese entrepreneurs to join the chain. This is a rare entrepreneurial opportunity. In addition, convenience stores have relatively strong vitality and live in a time and space where it is difficult for department stores and supermarkets to penetrate.

2. Funds

In terms of funds, convenience stores do not require a large amount of funds, and they are also suitable for individual entrepreneurship. Moreover, convenience stores have many financing channels, and venture capital has begun to invest in convenience stores. Various circumstances indicate that raising funds will not be a big obstacle to convenience store operations.

3. Human connections

In terms of human connections, convenience stores do not have too high requirements for people. There are not many technical thresholds, and the requirements for people’s knowledge complementarity are not too high. It is also one of the important factors that is more suitable for self-employment. At the same time, convenience stores do not have too high requirements for the team. But the establishment of a convenience store management team is necessary. A good team is often the beginning of a great career.

If convenience stores can further develop and grow, in the end operators will find that the most important thing for convenience store operations is the team factor.

In addition, if you join the convenience store business of an international giant, you can often get comprehensive training in purchasing, management and marketing, and receive business guidance.

Many times, the value of these to entrepreneurs is far higher than the profit itself. However, joining the convenience store business of international giants often requires a lot of capital, and the entry threshold is also quite high. Operators need to make accurate judgments based on their own actual conditions, rather than blindly entering.

Extended information:

Unsuitable location:

1. The population in the business district is very small

Convenience stores are not suitable for opening in business districts. In places where the population is insufficient, if the population in the business district is less than 1,500, the store should be abandoned (this means that the store has too few regular customers, which will affect sales).

2. There are few moving lines of traffic flow

The moving lines of traffic flow refer to the moving routes of vehicles when walking. If a store is located in a location with few traffic lanes, it means that the store's mobile customers will be affected. For example, a store at the corner of a crossroad has four traffic lanes (route in four directions: east, west, south, and north), a store on a two-way road has two traffic lanes, and a store on a one-way road has two traffic lanes. stores have only one moving line