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WE EXPECT OUR SALES TO BE PROFITABLE
Are you thinking of retiring or liquidation and closing your store to conserve assets? If so, you’ll want the quickest and largest recovery possible. As you can imagine in this economy, the need for the most productive method of liquidation … Continue reading
Many are adapting and getting by.
Many good merchants are stuck in a market they can’t control. It’s no fault of their own that the economy has slowed to a snails pace, a big box moved in or they’ve lost their lease. Or, they have reached … Continue reading
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Why Use a Professional Liquidator or Promoter?
For that matter, why use a professional accountant, attorney or doctor? You can keep your own books, file your own taxes, make your own legal decisions and treat your own illnesses. You don’t because that is not your expertise. The … Continue reading
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Five Great Myths of Store Liquidation
There are numerous myths about store liquidations. The truth about store liquidation myths is that most are not true. When asked you’ll find most store owners have little or no knowledge of store liquidation. Most haven’t experienced it and if … Continue reading
EVALUATING THE STORE FOR LIQUIDATION
How do I evaluate my store for liquidation? What will I end up with once the bills are paid? Store evaluation is not exact science. There is no hard and fast formula to follow. Every store and situation is different … Continue reading
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SOME STORIES ALMOST BREAK YOUR HEART!
We get a lot of calls from storeowners inquiring about our store-closing and promotional service. Two recent calls haunt me. I can’t get them out of my mind. One was a man with four ski stores and $3,300,000 in inventory. … Continue reading
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Social Networking
Over the past few years more and more people are using social networking and e-mail to keep in touch with friends, family and personal interests. Web sites including; facebook, twitter and myspace are the most popular. Free advertizing-It costs nothing … Continue reading
A Common Sense Guide To Planning Your Sale (8 of 8)
Do beware of sales companies offering guarantees. There are NO REAL guarantees in the sales business. Sales companies offering guarantees pitch them hard and make them sound great! But, when the contract is studied and understood the guarantee is deceptive … Continue reading
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A Common Sense Guide To Planning Your Sale (7 of 8)
Don’t be rushed into an auction or self-conducted Store Closing Sale. I have never seen a good return on a retail auction. Self-conducted Store Closing Sales are highly volatile, often with disastrous results or moderate success at best. Take the … Continue reading
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A Common Sense Guide To Planning Your Sale (5 of 8)
Do consider timing. If your store is profitable and you have the luxury of choosing the time, you should consider your biggest volume months. If you have a lease expiring, a health problem, the store is losing money, or you … Continue reading
