The reality is that physical store fronts are on a major downturn in most cities. The sales have surely slumped, on-line shopping is easy, lots of free shipping available. I have to do all of my shopping for inventory online but I sure wish I could go in person. Many times the inventory I get in is not exactly what I was expecting. Size wise, quality wise, and the way it actually looks is hardly ever as it seems. I’ve been doing this for a few years and I must admit I did not know much about retail sales when I started. I know now, it is not for me.
It is past lunch time now and I have made a meager $9. sale (Canadian) and so profit on that is, well, nothing. Take the cost of the product, shipping it in, (retailers don’t get free shipping,) taxes, import duties, the cost of keeping the store open in the winter, other overhead expenses like…Lease Payments!, I have made less than nothing. I’m in the red.
I don’t suppose there is any chance I could get a government bailout like the car companies and rich enterprises do, lol! That’s okay, I don’t want the government to bail me out. It would cost everyone else for my mistake. It is all my own doing, just another attempt at a business that didn’t work, but you know what? I love what I do. I don’t make any money at it, I can’t pay my own bills, my husband always has to bail me out, especially in the winter months. It is a good thing he is understanding but enough is enough. I have already made the decision to close but I have a lot of stuff to get rid off. I have a few months to do it so I’ll get an online store going to clear it all out. That is going to take a lot of work but I can do it.
I have made lots of business mistakes but I don’t regret taking the plunge. I have met some incredible people. I have helped lots of people in one way or another and I have learned so much about so many things, including myself. How can I regret that? The money is meager, but the education is priceless.
It will be hard to say good-bye to the business but it’s time to move on, to something new, who knows what, it is all up in the air. I am looking forward to whatever 2018 brings. I am not going to get in to a deep dark depression over this, I am just going to appreciate what I have left. I have a lot, not financially but a lot to be thankful for. Woo hoo! Come on 2018!
I’m Frazzled Again.