I am openning a shop. What equipment should I sell


Planning on opening a retail "store front" what equipment should I carry?? Should I sell at price points or sell what sounds good? How important is base response in speakers. What is the right approach??
sounds_real_audio

Showing 1 response by superhonestben

It may not be so much as what to sell as opposed to what you can get. I co own a small business and many things come up that are not planned. What lines do you want to carry ?? and are there stores near you that carry these lines ? if so you probably won't get them. It is about cash flow,low overhead and profit, you have to make a profit to stay in business, it sounds obvious but many people who go into business forget that. What about money, how much are you planning to start with, are you in a state that charges sales tax, if you are and dont make they timely payments, they will find you.

And what about employees, watch out they can make you money but they can cost you money, very quickly too.

And what about marketing, where are you ? are you surrounded by wal marts,dunkin donuts and tatoo parlors? if so probably not good. And what do you think you need to sell in a month to stay open ? my guess is if it is you and another person working there around 35-40k a month in sales.