Clarification/Follow-up by netto on 03/09/04 1:59 am:
It will be a Christian bookstore, which is much more than I can say for the sarcastic tone of your reply. Why even reply?
Clarification/Follow-up by kkemper on 03/10/04 5:22 am:
few Christian bookstores make a profit.
titles;
all companies should do both primary and
secondary market research befor they open their doors; this data will tell them:
who their customers are, where they live
generally, what they buy, what they want to buy more of, where they want to buy it, and more.
regarding INVENTORY MIX;
u check with your supplier[s] and ask about
TERMS; such as 2/10 net 30,
which means u get 10 days to pay for the
inventory and get a 2% discount or
u must pay the full amount of the invoice
within 30 days. NOT later or u are late
and assessed interest charges.
U need those discounts as part of your
profits in the store.
running any retail store is sort of a crap shoot but its risks are reduced by watching
carefully WHAT u buy, what price u sell those items for, and what costs you have to run your store!!!
and more
this is all within the sciences
of merchandising, retailing, marketing
and small biz.
luck to u.
[make sure the book and other items u will sell are returnable at full invoice credit to u!]
never pay full invoice price in cash
upon delivery.