Hiring the best store closing consultant is the difference between closing your business profitably or closing. The traditional “going out of business sale” can be a profitable undertaking with a carefully planned exit strategy. Also a hasty store closing can result in the liquidation of assets that might otherwise have been sold at a profit.
Using the Internet can be a helpful tool. Moreover you will want to speak with the store closing consultant you are considering hiring. Check references to see if they more than just a flashy advertising billboard style web page, or a seasoned professional who can truly help you.
Numerous fly-by-night store closing specialists have appeared on the Internet. Furthermore these newly minted store closing consultant rarely have any retail experience and are more often than not looking for a fast rather that profitable store closing.
Questions To Ask Your Store Closing Consultant
There are important questions you need to ask the prospective store closing consultant.
- How many years have you worked in the retail industry?
- Have you ever owned a retail business?
- How many profitable store closings have you implemented?
- Do you have references?
- May we speak with those on your reference list?
You need to find a store closing consultant that will develop realistic goals based on your situation, your problems, your needs, and your desires.
You need a retail crisis specialist who is solutions driven. Then find a consultant that is able to devote the time and the effort to addressing your problems while you continue to operate your business. A well planned and well executed store closing takes planning. Which includes many hours of time. A good plan involves:
- Timing
- Merchandised correctly
- Advertised wisely
- Working with the stores management
- Working personnel in a manner to maximize results.
Many store closing consultants present information that infers closing your business is a promotional event. Their services revolve around custom signs, lead generation and lots of hoopla.
Closing a business is for the owner not a media event. This is the end of their life’s work. It is a personal loss that requires individualized hands on solutions not cookie cutter rhetoric. This is a major step to decide to close your retail store.
Finding a store closing consultant who has the years of experience combined with proven individualized strategies should be your first step. Also your retail store is not “just another closing”. It is personal and deserves the best solutions for a profitable outcome.
Call Chuck today for your free store closing consultation at 520-305-9693. No time for a phone call? Fill out our consultation request form.