It's important to consider a niche market when considering of opening up a small local store. Attempting to cater to everyone might sound like a reasonable business decision. After all, more customers mean more profit, or so it seems. However, trying to make one-size-fits all store will simply make it unremarkable. It won't make its mark as a go-to store for specific needs. It may work if there are no other similar general stores around, which is highly unlikely considering a lot of people consider general-purpose stores as their first option.
Another benefit of opening a specialty store is that it's easier to find suppliers. And having less kinds of items on sale, less number of suppliers will have to be sought after. In fact, a comprehensive shopping guide on the Internet could lead to a reputable wholesaler that has everything up for sale. HJ Closeouts Categories for example, has robust options for different items that are sold in bulk.
Stores that specialize on dollar store merchandise will have a great time browsing their options. Especially since their items are not only categorized by type but also by its prices. There are other options aside from the aforementioned wholesale website. However, it's best to stick to a reputable one in order to avoid compromising initial investments. A budding business should not have to turn to contingency measures early on.
Another example of a specialty store that should turn to buying supplies from wholesalers on the Internet are ones that provides party needs. These goods sell fast, as there really isn't any shortage of celebrations throughout the year. Businesses will also be happy to know that buying in bulk doesn't mean buying low quality goods. Some of the best party supplies are actually ones that can be acquired from buying wholesale.