Business

5 Things Every Supermarket Business Should Have

5 Things every supermarket business should have. Anyone can start a business but staying afloat is the real struggle. Making a profit does not come easy and challenges are inevitable.

In some cases the first step to a failing business is lack of preparation. Every entrepreneur is expected to have done thorough research on their business venture and taken the necessary steps towards setting up. Here are a few of those steps to consider:

1. Post Prices And Payment Methods

• If you sell goods, the price of each item must be either on a tag on the item or on a sign where the item is displayed.
• If your business sells a service—for example,
hair or nail salons, dry cleaners, laundries, tailors, repairers, locksmiths, tax preparers—you must post a price list near where orders are placed and at the register.
• It is illegal to post different prices for men and women for the same service.
• If you limit credit card use, you must clearly post the policy near the register and the entrance.

2. Post Your Refund Policy

You can set your own refund policy, but the law often requires that it be posted near the register where customers can easily read it. Your sign must explain all conditions or limitations on getting a refund or exchange, such as whether you charge restocking fees, require a receipt, have time limits on returns, or give refunds in cash, credit, or store credit only. If you fail to post a refund policy, customers can return any item for 30 days.

3. Make Sure Receipts Are Complete And Correct

By law, your receipts must show:
• Your business name and address
• The amount of money paid for each item
• The total amount the customer paid, including a
separate line for tax
• The date of the purchase
•Receipts cannot show a credit card’s expiration date or more than its last five digits.

4. Make Sure Your Sales Ads Are Not False Or Misleading

• It is illegal to advertise low prices on items that you don’t actually have available for customers (“bait and switch”).
• Any item you list as “on sale” must also display the pre-sale price clearly, and you must have reasonable quantities available before advertising the sale.
• You must include your business name, address, and license number (if applicable) on all newspaper ads, business cards, and business vehicles.

5. Know The Rules For Tobacco Sales And Signage

• It is illegal to sell cigarettes to minors. You must request proper identification for anyone who appears to be under 18.
• You must have a valid trading license to sell cigarettes.
• You cannot sell individual cigarettes (“loosies”).

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