Managing a Liquor Store: 6 Tips and Tools

Are your store’s liquor license, reputation, and bottom line at risk?

Think crafting the perfect cocktail is tricky? Try getting an Indiana liquor license without the right step-by-step plan! With up to a 12-week waiting period, a mountain of paperwork, and fees that aren’t exactly straightforward, it’s easy to see why the process can be intimidating. But don’t let ...

It’s the afternoon of New Year’s Eve. Your liquor store is buzzing, with customers constantly walking through your doors, filling their baskets with celebration essentials, and streaming through the checkout line.

“Work smarter, not harder.” These are great words to live by as a small business owner — especially when it comes to managing your liquor store inventory.

As a liquor store owner, you know the importance of keeping an eye on your numbers. The right profit margin means steady growth, while the wrong one can lead to penny-pinching and struggling just to stay afloat. Worse yet, not knowing where your margins stand can put your business at risk without ...

You’ve got all the right ingredients for liquor store success. You’ve stocked your shelves with popular spirits, trained your cashiers to provide top-notch service, and invested in a powerful point of sale (POS) system to keep your business running smoothly.

Shrinkage is an invisible threat to your liquor store’s profitability. In 2022 alone, U.S. retailers lost $112.1 billion to theft, administrative errors, and other forms of shrinkage, with rates climbing to 1.6% of total sales. For liquor stores, these losses hit especially hard due to the high ...

You’re hosting a party, and your friends and family will arrive at any minute. You’ve spent all day preparing for this soirée, scrubbing your home until it’s sparkling, working hard in the kitchen to prepare a delicious meal, and creating the right ambiance for a celebration. Now, all that’s left ...

It’s a busy holiday weekend. Your liquor store is buzzing with activity as customers stock up on their favorite brews, browse your aisles for giftable wines, and shop for party-worthy champagne.