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Old 08-17-2014, 04:47 PM   #37
Paul Huryk
 
Join Date: May 2012
Location: Bridgewater, NJ
Posts: 835
iTrader: (0)
Quote:
Originally Posted by elle View Post
Inventory will be your best friend and worst enemy. If you don't have it people won't use you. Too much and it can bury you. Anyone can order something and have it in a day or tow. Telling customers that you can order it is like the kiss of death. Unless you start doing installation or some sort of labor to add to the retail part of your business you prob won't generate enough income to cover your overhead. It sounds like you are doing o.k. at this time. Getting bigger or spending more requires much more income to cover those increased expenses. If or when you decide to move, location will be HUGE! Good luck, seems like you carry some great products.
Inventory is the great equalizer - too much and you need a huge space and have capital tied up, too little and people go elsewhere. Knee deep in trying to figure out a smart way of doing this - no solution so far.

Install is not a problem - will have the space, equipment, and manpower to do installs of most items.

Location is key!
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