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tackle business
Would anybody care to comment on the trials, tribulations or rewards of
operating a tackle business (manufacturer, wholesaler, retailer, service provider). |
tackle business
First decide if you would "love" the business, second, decide if you
have the resources to survive the start up. If the ansewer is yes, yes, then your "love" of the business should produce the dedication neccessary for success. Location, location, location g JK |
tackle business
Occasionally, total morons will return things that they destroy and expect a
full refund in the spirit of "customer satisfaction". Fortunately, these idiots typically frequent Walmart and only visit "mom and pop" tackle shops for free advice while pretending to be an interested buyer. Gone Angling wrote: Would anybody care to comment on the trials, tribulations or rewards of operating a tackle business (manufacturer, wholesaler, retailer, service provider). |
tackle business
Hi GA,
You won't be "Gone Angling" any more if you start your own small business. You will be "Gone Working" or "Gone Worrying" or "Gone Crazy" or "Gone Broke"? You need to have something very small or very big or very different to survive in small business in the US today. "Very small" - this mean something that is on your own property or out of a building that is almost free to use, with no employees by your folks, wife and kids. "Very big" - this means at least 5 or more large high volume well placed shops with a manager in each who probably has to make almost as much as you do. "Different" - this means a small, well placed "bait-n-tackle" or "fly shop" that is on the way out of town to a good fisheries or near a good fisheries. These little shops with gasoline, bait, tackle, marine supplies, fast food/deli and a mini mart can be deadly. The big "box stores" can't compete here. In time there will be multiple box stores in all large cities. They will sell most of the large ticket items, so you need to sell the terminal tackle, bait, flies, ice, etc with good fishing information thrown in free. Expenses like rent, utilities, yellow page adds, insurances, self employment tax, Worker Comp Ins, wages, benefits, professional services, office equipment, signs, office supplies and tenant improvements are all getting higher every year in America and especially in California. Some people are successful at anything they do, so the only thing that matters is the fact that they are interested in it. A tackle shop is good for one guy that love people and know the business and another guy that is a retired "brain surgeon" with about 5 mil his wife doesn't know about so he can afford to pour into a fun small business. -- Bill Kiene Kiene's Fly Shop Sacramento, CA www.kiene.com "Gone Angling" wrote in message ... Would anybody care to comment on the trials, tribulations or rewards of operating a tackle business (manufacturer, wholesaler, retailer, service provider). |
tackle business
Obviously spoken from experience. Bill, if your shop is half as nice as
your website I'm sure you're one of the guys that does quite well in the tackle business. Warren "Bill Kiene" wrote in message . .. Hi GA, You won't be "Gone Angling" any more if you start your own small business. You will be "Gone Working" or "Gone Worrying" or "Gone Crazy" or "Gone Broke"? You need to have something very small or very big or very different to survive in small business in the US today. "Very small" - this mean something that is on your own property or out of a building that is almost free to use, with no employees by your folks, wife and kids. "Very big" - this means at least 5 or more large high volume well placed shops with a manager in each who probably has to make almost as much as you do. "Different" - this means a small, well placed "bait-n-tackle" or "fly shop" that is on the way out of town to a good fisheries or near a good fisheries. These little shops with gasoline, bait, tackle, marine supplies, fast food/deli and a mini mart can be deadly. The big "box stores" can't compete here. In time there will be multiple box stores in all large cities. They will sell most of the large ticket items, so you need to sell the terminal tackle, bait, flies, ice, etc with good fishing information thrown in free. Expenses like rent, utilities, yellow page adds, insurances, self employment tax, Worker Comp Ins, wages, benefits, professional services, office equipment, signs, office supplies and tenant improvements are all getting higher every year in America and especially in California. Some people are successful at anything they do, so the only thing that matters is the fact that they are interested in it. A tackle shop is good for one guy that love people and know the business and another guy that is a retired "brain surgeon" with about 5 mil his wife doesn't know about so he can afford to pour into a fun small business. -- Bill Kiene Kiene's Fly Shop Sacramento, CA www.kiene.com "Gone Angling" wrote in message ... Would anybody care to comment on the trials, tribulations or rewards of operating a tackle business (manufacturer, wholesaler, retailer, service provider). |
tackle business
Sorry. No time to comment. Too busy.
-- Bob Rickard www.secretweaponlures.com --------------------------=x O'))) "Gone Angling" wrote in message ... Would anybody care to comment on the trials, tribulations or rewards of operating a tackle business (manufacturer, wholesaler, retailer, service provider). |
tackle business
The good part is you get all your tackle wholesale. The bad part is that it
still costs you more than you would pay for it at Walmart. Mark McCoybr McCoy's Market Bumpus Mills, Tennesseebr http://www.mccoysmarket.com |
tackle business
MMccoy01 wrote:
The good part is you get all your tackle wholesale. The bad part is that it still costs you more than you would pay for it at Walmart. Mark McCoybr McCoy's Market Bumpus Mills, Tennesseebr http://www.mccoysmarket.com I boycott Wal-Mart and everyone who believes in small business and the American Dream should also. Here are a few reasons why: http://www.larouchepub.com/other/2003/3044wal-mart.html |
tackle business
When your stuck on the Mountain and out of hooks, guess where I go? The
mountain wal-mart. "SHRED©" wrote in message news:NxXvb.5602$Bk1.4420@fed1read05... MMccoy01 wrote: The good part is you get all your tackle wholesale. The bad part is that it still costs you more than you would pay for it at Walmart. Mark McCoybr McCoy's Market Bumpus Mills, Tennesseebr http://www.mccoysmarket.com I boycott Wal-Mart and everyone who believes in small business and the American Dream should also. Here are a few reasons why: http://www.larouchepub.com/other/2003/3044wal-mart.html |
tackle business
Sounds like it should be small (and stay small) and something different. It
will only be fun if you have some dough stored away that you don't mind throwing at it. In other words you are prepared to sustain a loss. Suppose you don't take a war games attitude to it and approach it much like angling itself. In any case i do believe that it can be done and a gone angling type of life can happen too. |
tackle business
"Gone Angling" wrote in message ... Sounds like it should be small (and stay small) Nope, there is never a good reason to "PLAN" on staying small! Any good business plan WILL include growth. Either in sales, foot traffic, profit, larger store, and others, or any combination of these. and something different. It will only be fun if you have some dough stored away that you don't mind throwing at it. In other words you are prepared to sustain a loss. If you prepare to take a loss, then you will fail (and have "fun" doing so?). Even planning for success can fail, but at least you planned for better than losing. Suppose you don't take a war games attitude to it and approach it much like angling itself. Angling consists of "hoping" that you will succeed today. In business, you have to plan on succeeding next week, month, and year. War games are for the military, business plans are for business. In any case i do believe that it can be done and a gone angling type of life can happen too. Yes it can, but you have to plan the business to be able to work when you are not available (employee's that are capable), or the "gone angling" attitude will be colored by all the thoughts of "what I used to have"! Cast far Bob |
tackle business
If you plan on growth it will take a long time and lots of sweat equity...f&&
that. My plan is fun, status, flexibility, low overhead, resist growth and gone angling |
tackle business
The troll's short-lived attempt at pretended normalcy seems to have ended,
or maybe a different member of this identity has tag-teamed it's way onto the keyboard. How can I tell? Simple: "My plan is fun, status, flexibility, low overhead, resist growth and gone angling" said the troll, a statement we all know is entirely too stupid to have ever originated from a human. -- Bob Rickard www.secretweaponlures.com --------------------------=x O'))) "Gone Angling" wrote in message ... If you plan on growth it will take a long time and lots of sweat equity...f&& that. My plan is fun, status, flexibility, low overhead, resist growth and gone angling |
tackle business
Gone Angling wrote:
If you plan on growth it will take a long time and lots of sweat equity...f&& that. My plan is fun, status, flexibility, low overhead, resist growth and gone angling OMG he used, "sweat equity". What a friggin buzz phrase. I heard that at a tradeshow recently, from a salesman. I think I hate it more than the old phrase; "a new paradigm". Where do they get these catch phrases? Must be from some ex-yuppie-exec who sits around thinking of "impressive" language. AHHHHHH!!!!!!!!!!!!! STOP IT!!!!!!!!!!!!!! :) |
tackle business
Leave him alone. The moron is thinking "outside the box".
Dan SHRED© wrote: Gone Angling wrote: If you plan on growth it will take a long time and lots of sweat equity...f&& that. My plan is fun, status, flexibility, low overhead, resist growth and gone angling OMG he used, "sweat equity". What a friggin buzz phrase. I heard that at a tradeshow recently, from a salesman. I think I hate it more than the old phrase; "a new paradigm". Where do they get these catch phrases? Must be from some ex-yuppie-exec who sits around thinking of "impressive" language. AHHHHHH!!!!!!!!!!!!! STOP IT!!!!!!!!!!!!!! :) |
tackle business
Evening folks,
As an entrepreneur, I have to take exception to the advice that you're handing out here Bob. Although I'd agree that all businesses should "plan" to grow - and to mature, I really can't disagree strongly enough with your comments concerning being prepared for failure. Yes, you have to plan to succeed, but you must also have plans in place to deal with the very real possibility that you might fail. Going in to a business plan with no thought for loss, or for delayed success that can severely strap cash flows, is a guaranteed way to end up flay on your face. You must always have a fall back position...a reserve against unforeseen circumstances. (Remember: All battle plans are brilliant until first contact with "the enemy", or in the business world "reality".) I also disagree that business plans are not battle plans. They have a great deal in common - why do you think so many executives extol the virtues of Sun Tzu "The Art of War"? Business and battle are very much the same. Both require strategic and tactical thinking. Both required variable degrees if flexibility and rigidity. There are allies, innocents, and opponents. To those reading this who are not business people, but who are thinking about becoming such, a very good rule of thumb is to plan for the best, but prepare for the worst, and always keep your options open. I can not tell you how many times Innovative has evolved almost literally in front of my eyes. DK "Bob" wrote in message news:IXxwb.292525$HS4.2630883@attbi_s01... "Gone Angling" wrote in message ... Sounds like it should be small (and stay small) Nope, there is never a good reason to "PLAN" on staying small! Any good business plan WILL include growth. Either in sales, foot traffic, profit, larger store, and others, or any combination of these. and something different. It will only be fun if you have some dough stored away that you don't mind throwing at it. In other words you are prepared to sustain a loss. If you prepare to take a loss, then you will fail (and have "fun" doing so?). Even planning for success can fail, but at least you planned for better than losing. Suppose you don't take a war games attitude to it and approach it much like angling itself. Angling consists of "hoping" that you will succeed today. In business, you have to plan on succeeding next week, month, and year. War games are for the military, business plans are for business. In any case i do believe that it can be done and a gone angling type of life can happen too. Yes it can, but you have to plan the business to be able to work when you are not available (employee's that are capable), or the "gone angling" attitude will be colored by all the thoughts of "what I used to have"! Cast far Bob |
tackle business
I also disagree that business plans are not battle plans. They have a great
deal in common - why do you think so many executives extol the virtues of Sun Tzu "The Art of War"? Business and battle are very much the same. Both require strategic and tactical thinking. Both required variable degrees if flexibility and rigidity. There are allies, innocents, and opponents. To those reading this who are not business people, but who are thinking about becoming such, a very good rule of thumb is to plan for the best, but prepare for the worst, and always keep your options open. I can not tell you how many times Innovative has evolved almost literally in front of my eyes. DK Anyone advocating or subscribing to military tactics in the business world is a fool. He/she might "win" the occasional battle but the war will be forever beyond their grasp. |
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