Be honest: are you still relying on gut feelings to make the majority of your business decisions?

People aren’t buying alcohol the way they used to. Ready-to-drink (RTD) cocktails, non-alcoholic beverages, and affordable spirits are flying off virtual shelves, with more shoppers buying online than ever.

Is a 20% profit margin strong enough for a liquor store, or is it slowly draining your bottom line?

Securing a liquor license: It’s the final hurdle before you turn your dream of owning a liquor store into a reality.

Even small liquor stores are stocked with hundreds, if not thousands, of unique bottles and cans — all of which must be meticulously tracked. Add to that the constant need to write purchase orders and verify invoices, and it’s no wonder why inventory control drives so many liquor store owners mad.

Alcohol retail sales are on the rise nationwide — which means running a liquor store can be incredibly profitable in the current climate.