During vegetative growth, you might leave the lights on 24/7, but when the plants have matured enough, youâll want to switch them to a 12/12 light to darkness ratio. That means, the lights stay on for 12 hours and they go off for 12 hours straight.
Cost to Start a Dollar Store Franchise. Initial startup costs begin at about $25,000 to $50,000 and range up to $300,000 or more. That covers most everything youâll need to get started, including inventory, the initial lease, fixtures, signs, office equipment and grand opening advertisement.
Dollar Treeâs direct competitors discussed in this valuation paper are Family Dollar, Dollar General, and 99 Cent Only store. In the discount variety industry, firms compete on cost rather than on quality. The industry is currently growing at 2.38%. Dollar Tree has 19% of the market share in terms of total revenue.