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Entrepreneurship: Could be a good opportunity |
GaiasRose
True Blue Farmgirl
2552 Posts
Tasha-Rose
St. Paul
Minnesota
2552 Posts |
Posted - Feb 05 2007 : 4:41:02 PM
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They have been closed for a couple of days because of the extreme cold. They are suppoe to be open tomorrow and have pushed their grand opening back to this coming weekend instead of last weekend...soooooo i ahve not stocked the shelf yet, but tomorrow is suppose to be the day, provided we dont have an ambient temp of -36 in the morning again...
~*~Brightest Blessings~*~ Tasha-Rose
Blogs: http://gaiarose.wordpress.com http://frugalwitch.wordpress.com http://tasharose365.wordpress.com/ Homepage: http://mysticwoodsfarm.com Birth is safe, interferrance is risky; TRUST BIRTH |
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MustangSuzie
True Blue Farmgirl
634 Posts
Sarah
New London
Missouri
USA
634 Posts |
Posted - Feb 05 2007 : 5:01:07 PM
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Yikes!! THat is freezin cold!!! And I thought we had it cold here. Wow. I hope it all goes well for you. Fill those shelves!!
Blessings.... Sarah
Something I borrowed... "In our every deliberation, we must consider the impact of our decisions on the next seven generations." -From The Great Law Of The Iroquois Confederacy.
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momtoeight
Farmgirl in Training
35 Posts
Laura
Medicine Bow
WY
USA
35 Posts |
Posted - Feb 09 2007 : 1:35:17 PM
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If you think that the shop is worth a try, I'd decide what I could afford, then budget it for three months. Generally, with any kind of marketing, 3-4 months will tell you if it is going to work or not, and with this one, you'd get a good feel for it in that time. If it works well, you can always get more space. Track it month by month though, and watch the trends. If it starts to lose profitability, then decide what you'll do, and at what point it won't justify the time anymore. Set a goal for sales and figure out how much you'll have to sell for it to be worth it, so when you assess each month, you'll know very quickly whether you earned enough to justify it or not.
You also need to look into her policies. Find out who takes the hit if there is shoplifting of your items, find out how she tracks sales and credits your account, etc. Because consignment shops have a wide variety of policies, and she should have a written contract and terms for you to view.
Hope it works well if you do it!
Laura Mom to Eight
Owner and designer, Firelight Web Studio - http://www.firelightwebstudio.com - Small Business Website Services with a Difference - Personal, Flexible, and Friendly |
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abbasgurl
True Blue Farmgirl
1262 Posts
Rhonda
USA
1262 Posts |
Posted - Feb 09 2007 : 4:51:29 PM
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I think you should give it a try Tasha! As long as you can go month by month there really is very little commitment. Sounds like great advertising and just plain FUN too! Go for it! Rhonda
I'm a one girl revolution. |
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Entrepreneurship: Could be a good opportunity |
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