General Supplies? Knowing your customers - personally!
You want to be a vendor? Why not, you get to wear a nice apron; People voluntarily come to you with their money and ask you for your advice.
One market stall is only going to keep you in cheap clothes, one shop may allow you a posh set of clothes to go out in. To be rich you are going to have to work a lot harder. The key stages are:
· Is there a demand
· Can I afford premises in the right part of town
· Can I get supplies at the right price, quality and quantity
· Do I know what I am doing?
Only 4 yeses will do.
Being a vendor makes for an easy start, and shop conversions are easy and fun. They take a lot of work to generate a little income unless you are selling something that is really in demand. The problem is that few people understand what is in demand by enough people and combine it with a supply point that is where people want to buy with the actual goods at the right price. Hence most shops either fail or just scrape along.
No comments:
Post a Comment