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How to Open a Liquor Store

by Kevin Patel
on January 04, 2023

You want to own a liquor store, but you’re worried it’s not as simple as setting up shop. You’re right! It’s not that easy — mainly due to complex regulations, expensive inventory, and other ...

January 03, 2023 • 4 min read

Profit Margins for Liquor Stores: 3 Ways to Increase Yours

Profit Margins for Liquor Stores: 3 Ways to Increase Yours

On average, it takes most small businesses two or three years to become profitable. That’s just to go from zero to $1 of profit. But most ambitious entrepreneurs didn’t start their businesses to make a single dollar, and we suspect you didn’t either. You have a much larger vision for your business. ...

December 27, 2022 • 4 min read

3 Challenges of Owning a Liquor Store & How to Relieve Them

3 Challenges of Owning a Liquor Store & How to Relieve Them

As a liquor store owner, does it ever feel like you have ten jobs instead of one? One moment you’re completing a purchase order, the next, you’re helping a customer, then you’re running to the back of the store to go over this month’s budget and inventory levels. And don’t get us started on what ...

December 08, 2022 • 3 min read

Liquor Store Loyalty Programs: 3 Benefits

Liquor Store Loyalty Programs: 3 Benefits

It’s common knowledge that the best customer is a return customer. Not only do return customers visit your liquor store more frequently, they buy more when they do.

November 29, 2022 • 6 min read

How Much Does It Cost To Open a Liquor Store?

How Much Does It Cost To Open a Liquor Store?

Asking, “How much does it cost to open a liquor store?” is kind of like asking, “How much does a bottle of wine cost?” It depends. When asked how much a bottle of wine costs, most seasoned liquor store salespeople would ask a follow-up question like, “How much are you looking to spend?” If you’ve ...

November 22, 2022 • 3 min read

5 Reasons To Use a Wine POS System

5 Reasons To Use a Wine POS System

Owning and running a wine store presents difficulties that other small businesses don’t: state-mandated alcohol regulations, underage customers, thousands of individual SKUs, and more. That’s why using a wine-specific POS system is so important – it can make a huge difference in your day-to-day and ...

November 16, 2022 • 3 min read

4 Ways To Keep Your Liquor Store Safe and Secure

4 Ways To Keep Your Liquor Store Safe and Secure

All small liquor stores run the risk of experiencing shoplifting and employee theft. According to the National Retail Federation, retail shrinkage cost an estimated $94.5 billion in losses last year — a total shrink rate of 1.44 percent.

November 07, 2022 • 6 min read

7 Functions Your Liquor Store POS System Must Have in 2023

7 Functions Your Liquor Store POS System Must Have in 2023

A smart point of sale (POS) system is a must-have for any liquor store owner who wants to run an efficient and more profitable store. Some liquor store owners run their businesses through a POS system that is out of date or lacks the industry-specific functionality to help them run a smarter, more ...

November 04, 2022 • 7 min read

How to Increase Liquor Store Sales This Holiday Season

How to Increase Liquor Store Sales This Holiday Season

“Are we supposed to bring a gift to this thing?” This is a question that gets asked thousands of times during the holiday season — and for many, it causes a lot of stress. “I don’t know. Did we bring anything last year?” your partner asks in a panic. A lot has happened since last year and neither ...

By Nate Williams

October 26, 2022 • 4 min read

4 Liquor and Wine Promotion Ideas for the Holiday Season

4 Liquor and Wine Promotion Ideas for the Holiday Season

It’s that time of year, again — the holiday season.

By Nate Williams

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