'Convenience Store Management: 13 Years of Expertise from a Seven Eleven Owner' Published

[Asia Economy Reporter Seungjin Lee] A current franchise owner operating the convenience store Seven Eleven published an essay titled "I'm Really Glad I Ran a Convenience Store" on the 6th, which captures 13 years of life as a convenience store owner.

Owner Yujeongrye started the convenience store business by chance in 2007 and at one point operated up to 17 Seven Eleven stores, achieving an annual sales revenue of about 10 billion KRW.

While managing many stores and leading a busy life, Ms. Yu also served as the head of the franchise owner volunteer group and a franchise owner committee member of the self-regulation committee in 2015, actively working to improve the operating environment for franchise owners. She continues to be actively involved as a new franchise owner education committee member.

This book straightforwardly introduces the experiences and success know-how of an ordinary housewife who discovered a new self and talent through a convenience store she started as if by fate and became a master of store management.

It easily unfolds practical stories that help store operations, such as the secret to achieving about 10 billion KRW in annual sales by operating multiple stores, the memory of selling out 600 umbrellas in one day as a beginner owner, and behind-the-scenes stories of becoming a DIY 'golden hand' during day events like Valentine’s Day and White Day.

Additionally, it contains eight themes that can enhance store competitiveness, including tips for selecting stores by commercial district, secrets to increasing sales, and detailed practical terminology. In particular, Ms. Yu points out managing part-time employees as a prerequisite for stable store operation. She explains in detail what to be careful about when hiring part-time workers and the know-how to select diligent and sincere employees, emphasizing that it is not about being kind on a personal level but that definite compensation is the foundation of employee management.

Seven Eleven owner Yujeongrye said in the foreword, “I live with the thought that the convenience store is a part of me. The harder I work with my own hands and feet, the more I am rewarded with profits,” adding, “I want to share the experience and know-how I have gained through running a convenience store. I hope this book will be a small help to someone.”

This content was produced with the assistance of AI translation services.