Thread: tackle business
View Single Post
  #5  
Old November 22nd, 2003, 07:22 PM
go-bassn
external usenet poster
 
Posts: n/a
Default 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).