![]() |
|
| *Home>>>Business Shopping |
Question on retail business? |
I am contemplating to get into the retail trade, but I do not have much experience in it. If I were to order too many motherboards and I can't sell them off, I will be stuck with a lot of unwanted ware when the motherboards become outdated. Since you don't have any experience get some by working for a successful business and see how they do things. Why take chances with your business? i couldnt be botherd 2 read all that well you could still get them as a non-bulk item however, when it comes to cost, they'll charge more. Have you asked about consignment? They'll give you certain numbers of motherboards or other items and you will only pay them when you've sold them. Most suppliers will require you to buy in certain quantities. The quantities will vary depending on factors such as the industry, the market, price, their company's supply policy, your business status etc. It seems that you do not know very much about retail and arguably the second most important factor in retail behind cashflow management, namely inventory management. I strongly urge you to gain some knowledge in inventory management before you start your own retail business. You need to understand your own working capital needs, the market, your suppliers and your customers' needs to manage your inventory effectively. The best way to order is to , firstly see what the turn around time from order to delivery Why don't you try drop-shipping and/or maybe set up an ebay shop? That way you can get a feel for what sells and how the mechanics work and ease yourself into the role and maybe build up a bit of capital. Its a low-risk option too and allows you to keep your day job until you get on yr feet. Start small thats my motto. |
| Tags |
| Business Consulting Business Solutions Business Applications Business Shopping Business Website Business Hosting Business Software Online Business Internet Business E-Business |
| Related information |
1. We need to create a brand name and a logo with an appealing appropriate slogan that fits well with the type of business you are in. (ex: if your jewelry are simple communicated this is the logo ... Complete listing of Government Grants- Free! ... Until you grow up it is not a good idea. Apparently they have made a success with what they do and you want to walk in and take control of a gift they worked so hard to achieve. You want your girl ... I could brainstorm ideas with you for hours of what you could or should do but only you and your bf know what's right for your skills, experience, passion and your local area (target market) s... Try with some property dealer for renting or purchasing or advertise in real-estate columns of local news paper. ...Any kind of storage would be a natural, and easy. Or how about a combination coffee shop and tool supply? ...anything that is interesting and makes the environment good is a good thing. Make it so nice to be there that folks stay all day and buy lots of clothes. Comfy chairs, sunlight, a nice rug, plants,... You could make that and more if you seek ways to stand out from the rest of the coffee shop crowd. This might sound strange but you can get a great idea of what I mean by reading a book named FISH ... |
Categories--Copyright/IP Policy--Contact Webmaster |