Jim Wichert, CEO of Discount Retail Store Services, praises President Trump’s executive order reducing regulations on small business. He calls it a “jumpstart” to new business startups, and says that his company has seen an uptick in business since the signing of the order.
“Immediately on the heels of the announcement of plans to ease the burden of government regulations on the nation’s small businesses, we have seen a dramatic increase in individuals reaching out to us to seek to start their own businesses,” says Jim Wichert, CEO of Discount Retail Store Services. “The number of inbound inquiries and the number of individuals contracting with us to develop one of our retail businesses for them is as high as it has been in our 24 years of business.”
And it’s not just Wichert’s company that is experiencing the rise in business—optimism in this sector is at an all-time high. ...
Discount Retail Store Services Announces Small Business Optimism Greatly Increased Since November Election
Discount Retail Store Services, a national developer of retail stores for independent owners, is riding the crest of growing confidence on the part of small business owners and analysts nationwide as country heads into the Trump economy.
(PRWEB) JANUARY 25, 2017
A Wells Fargo survey of small business owners taken shortly after the election showed that over 46% felt the operating environment for their companies would improve next year; that compares to 30% two years ago after the midterm congressional elections. Over 50% of owners said that the incoming administration and congress would make their companies “better off,” according to the survey. (https://wellsfargoworks.com/small-business-optimism-at-highest-point-in-eight-years)
Showing an increased confidence in the Trump economy, Discount Retail Store Services reports that in December alone, over 1,700 new prospective store owners contacted the company, and over 100 to date have contracted with the company to begin store development.
Discount Retail Store Services announces “Boots to Bosses” program to assist Veterans in opening their own businesses
Almost half of American World War II Veterans became business owners and today sadly less than 5% of US Veterans become business owners. James Wichert, Owner and CEO of Discount Retail Store Services (DRSS) finds this unacceptable. “Those with military experience tend to be very disciplined, detail oriented and take direction well which makes them great potential business owners,” says Wichert.
Last century, a stunning 49.7 percent of World War II Veterans went on to own or operate a business, according to Syracuse University's Institute for Veterans and Military Families.
Nowadays, however, less than 5% of returning Veterans become business owners. So far, only 4.5 percent of the more than 3.6 million people who have served in the U.S. military since September 11, 2001, have launched a company, according to the Bureau of Labor Statistics.
"The differences are so stark it's unbelievable," says Joseph ...
For over 8 years now Discount Retail Store Services (DRSS) has partnered with several local charities such as Shade Tree Shelter, Safe Nest, Las Vegas Rescue Mission, “Tent City, Opportunity Village, and various other charities in giving to those who need it most.
Over the years DRSS has given out thousands of gift bags during the Holiday season which include items such as gift cards, fruit snacks, deodorant, cheese crackers, toothbrushes, socks, scarfs, gloves, first aid kits and much more.
For the holidays this year DRSS provided over 500 gift bags to displaced children and moms at Family Promise, Homeless and at risk teens at the Nevada Home for the Youth, 90 gift bags for homeless students at Rancho High School and 450 gift bags for men, women and children at the Las Vegas Rescue Mission.
James Wichert, the CEO and owner of DRSS stated, “The response is always ...
Did you hear that customer’s complaint?
Are you hearing the message that can help you improve?
While every company wants to improve, typically the measurement is sales and profits. Often the opportunity rests in the improvement of service levels and simply is a question of what can be improved and where to start. The fact is that your customers are probably telling you every day, but employees may not be listening for key phrases that give some tips. You may even have employees that have picked up on the signals and just haven’t communicated them so that your team can improve. Changing an experience in customer engagement from “Are you finding everything alright?” to “Are there any items you were looking for today that we didn’t have?” can show your customers that you are listening to them.
Often, a Big Box response to the question if you can order something ...
Dollar Store Services, North America’s largest developer of independent dollar stores, is working with its store owners nationwide to mount a massive toy drive for those less fortunate members of their communities this holiday season. According to the U.S. Small Business Administration’s spokesperson Ellen Thrasher, “A small business is part of the heartbeat of the larger community.”
Dollar stores across the country are partnering with local charities in this effort. Customers at the checkouts at every store will be encouraged to purchase a toy for donation to a specific local charity as they complete their purchases. Through this effort, stores will be supporting their individual communities; everyone agrees that “Charity begins at home”. According to the 3/50 Project, a Minneapolis-based small business advocacy organization, "for every $100 spent at local independent stores, $68 returns to the community.” This is much higher than the average $43 remaining in the community for ...
Every year since 2010, American Express and communities around the country have promoted SHOP SMALL on small business Saturday, the day after “Black Friday” which is the traditional kickoff of the holiday shopping season. Participation in, and recognition of this event has grown nationally every year since its inception.Recently, Dollar Store Services, a nationwide dollar store developer with over 3,000 stores nationwide, encouraged all of their store owners to promote this annual event, and reach out to the local communities to support locally owned small businesses. Small businesses, such as Dollar Stores, represent 54% of all US sales, and provide 55% of all jobs, and have since the 70’s. Moreover, over 60% of revenue from local businesses remains in their communities. This is much greater than the typical 43% for chain stores. Independent store owners understand how vital their businesses are to their communities; Small Business Saturday is a ...
Black Friday has certainly lost some of its luster. This year it may even lose its title as the biggest shopping day of the year.
But one type of retailer is predicted to thrive this Thanksgiving week: dollar stores!
According to data from location tracking company Foursquare, discount stores, such as dollar stores, are gaining in foot traffic this year as Black Friday approaches. While most retailers are expecting a slump in foot traffic, Foursquare predicts that the number of visits to dollar stores this year will exceed the last two years.
Typically, discount stores don't experience the Black Friday boost that retailers like Macy's and Walmart rely on to increase sales, according to Foursquare. Dollar stores and other similarly deeply-discounted retailers usually gain momentum later in the holiday season.
But this year, dollar stores are predicted to pull off a Black Friday ...
Central to President-Elect Trump’s plans for jump-starting the economy hold huge benefits for small business, both existing and start-ups.
Reducing burdensome regulations (Trump’s Contract with the American Voter promises that for each new Federal regulation proposed, two must be eliminated), a more favorable tax plan that will foster growth and re-investment, and the potential streamlining of Obamacare will all provide small businesses with increased profit potential.
“…More people are going to enter small business, more profits are going to be made. This is exciting,” said, Jon Taffer, host of “Bar Rescue”, told Stuart Varney on FOX Business Network today.
The message is clear. The path to independent business ownership is becoming more inviting; now is the time to invest in your personal and your nation’s future.
Written / Released by by John LaFronz, General Manager, Dollar Store Services
Did small business owners successfully predict a Trump victory ? Recent history says YES ! A (Manta) poll of small business owners taken after the first debate showed 58.7% believed Trump won the first debate. Why ?, because they felt that Trump was sensitive to “Main Street” issues, had the most favorable tax plan, and was most likely to reduce regulations that burden small business owners.
Small businesses, such as Dollar Stores, represent 54% of all US sales, and provide 55% of all jobs, and have since the 70’s. Trump clearly recognizes this, and his plans for re-vitalizing the economy involve de-regulation and freeing up funds for small business start-ups.
As our country begins to climb out of the slowest economic recovery in recent history, the time is ripe for small business start-ups; independent Dollar Stores are a key component of this group. These businesses establish themselves quickly, can thrive ...