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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). |
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