What assumptions should be made when preparing to open a grocery store? What are
ID: 359592 • Letter: W
Question
What assumptions should be made when preparing to open a grocery store?What are known project constraints when opening a grocery outlet store?
What are known related projects to opening a grocery outlet store?
What are possible barriers and risks associated with opening a grocery outlet store? What assumptions should be made when preparing to open a grocery store?
What are known project constraints when opening a grocery outlet store?
What are known related projects to opening a grocery outlet store?
What are possible barriers and risks associated with opening a grocery outlet store?
What are known project constraints when opening a grocery outlet store?
What are known related projects to opening a grocery outlet store?
What are possible barriers and risks associated with opening a grocery outlet store?
Explanation / Answer
Whether it’s purchased or leased, the real estate for a small grocery store isn’t cheap. It can easily amount to millions to get a new store built out. However, with Grocery Outlet, the independent operator doesn’t invest in real estate. Under our independent contractor business model, we do.
At the same time, our independent operators run their businesses. They invest in equipment, hire their own staff, and determine the best means and methods for maximizing the financial performance of their Grocery Outlet Bargain Market. Our independent contractor business model is a potentially lucrative and efficient way for us to bring more products to market and for independent operators to share in the profits of their store.
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