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CONCEPT: This small business revolves around a discount store where every single item inside is under $1 or $2 or $5 or $10. This can be operated as either a standalone venture, which is harder given the need to source all of the cheap inventory, or as a franchise where that side of the business has been sorted out. The websites below have more information on such franchises.
Strengths:
Strengths:
- Cheap
- Everything in the store have the same price
Weaknesses:
- Quality of the product is lower
- A lot of competitors such as small shops or supermarkets
- Not a lot of types of product
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