Most people want top dollar for their stuff which makes selling it hard. Most people don't want to pay you very much to sell their stuff, after all you are only pushing a few buttons. So lets say you need $100,000 per year to pay yourself and pay business expenses like rent on the store. Don't forget health care has to come out of the $100,000 also. Lets say you get 10% on sales which most people would think is reasonable. This means you need to be selling a million dollars of stuff per year. That's around $20,000 each week. You need to be really working your butt off to move that much stuff. You also need access to a lot of stuff to sell. In a small community of say 5000 or 10,000 people there is just not enough stuff to sell. So you really need to be making 30% commission or more which most people think is too much.
Someone comes in with a antique lamp. They saw one just like it listed on ebay for $100. You know that to move it reasonably quick you need to sell it for more like $70. You take $20 for commission. That leaves them with half of what they think it is worth. They say no and leave your store with the lamp thinking you are trying to rip them off and then tell everyone they know how bad your business treated them.
I have zero experience doing this but I can't see how to make it work. Doing it as a retirement hobby business from your basement could be okay for some pocket money.
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Today's Featured Article - The 8N and the Fox - by Zane Sherman. Dec. 13 1998, Renfroe, Alabama. Last niht I dreamed about the day that I plowed the field of about 10 acres over on what Jimmy and Dandy called the Ledbetter field. I was driving the 1948 8N Ford tractor that Jimmy bought in 48 new This was prebably in about 1951 and maybe even befor the house was built. This would have made me to be about16 years old and I drove the tractor for nothing and would have paid to drive it if I had had any money which I didn't, but neit
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