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Author: lloydbrown

Operations

Unlock Higher Sales: Manage Your Inventory to Maximize Turn Rates

Posted on July 25, 2023 by lloydbrown

In the last week, I’ve encountered 4 game stores who failed to optimize their inventory dollars. I want to keep this article short, because the message is simpl...

Closed storefront
Operations

Telling a Secret: How Shutting Down one Store Launched My Business to New Profits

Posted on June 5, 2023 by lloydbrown

The single most critical launching station with my game stores was leaving the register full time and moving to a position where my full-time job was “improving...

Meta/Operations

Lessons Learned: Personal Insights From 25 Years of Gaming Retail

Posted on May 8, 2023 by lloydbrown

Occasionally on discussion fora, somebody asks existing store owners “What mistakes did you make when you started”, or “What would you have done differently”? T...

Entrepreneurs apply for a business loan
Operations

Top 5 Mistakes Retailers Make When Writing A Business Plan

Posted on April 28, 2023 by lloydbrown

Since I’ve been writing plans for others who want to open a store, I’ve read a few business plans that clients have assembled themselves, and I’ve noticed...

Human Resources

Safety First: Protect Your Investment With Iron-clad Liability Policies

Posted on April 20, 2023 by lloydbrown

Liability can kill a thriving, successful business. It’s a menace to businesses struggling to pay their bills. I don’t normally cover topics universally appropr...

Human Resources

Empower Your Team: Techniques and Store Training Handbook

Posted on March 28, 2023 by lloydbrown

One of your business goals should be to make yourself redundant. When your store works just fine without you, you’re free to focus your time and effort on growi...

Marketing & Advertising

Competitive Analysis: Local Market Store Comparison Guide

Posted on February 21, 2023 by lloydbrown

It’s important to conduct an objective, honest analysis of where you stand in your local market. It tells you where you need to improve. It shows you what angle...

Meta

How Game Stores Empower Local Economies and Build Communities

Posted on February 13, 2023 by lloydbrown

What do we mean to the community? I want to assess my company’s value to the local community: how much of my revenue is spent locally, and can I do anything to ...

Meta

Unlock Prestige: How to Earn Wizards Premium Retailer Status

Posted on February 3, 2023 by lloydbrown

One of the key questions you must ask yourself when you plan your store is the question of whether to build for the Premium store designation from Wizards of th...

Meta

Transform Your FLGS: Domino’s Pizza Delivered My Retail Success

Posted on January 25, 2023 by lloydbrown

I’ve told the story before of how Domino’s prepared me for my own business. Let me provide a little more detail. Background When I joined the company in 1987, D...

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