By John Harvey
Are you dreaming to be an entrepreneur without investing much? Then, you are going through the right article. The article guides you to be the master of your own without risking much of your financial resources. The only requirement of being such an entrepreneur is that you should own a facility which necessarily should be an accommodation. If you don’t own it then again we have a solution to this problem. You can always hire it, sounds interesting doesn’t it?
After owing or hiring the accommodation, next step is to contact the manufacturer of furniture and set a deal with him according to which he will supply with the furniture and you have to display it in the accommodation for sale purpose. This means you will act as a bridge between the customers and the manufacturers. You don’t own the items those are shipped to your store by the manufacturer. This means you don’t have to pay for them.
Consignment furniture stores get items from clients and then display them for sales. The owner of the store keeps a certain percentage of profits obtained from sales with him and then passes rest of it to its client. The amount of percentage which the store owner can keep depends on their predetermined deal. The owner of the store doesn’t have authority of the items. The attorney passes from the client to the ultimate customers. This reduces the risk of the consignment owners.
Only once the furniture is sold to ultimate customer the store owner have to pay the manufacturer. The money paid is the part of profit that is shared between the manufacturer and the store owner on some predetermined basis. For being successful in this business one needs to be artistic and innovative. Ordering the received consignment in the store is an art which attracts the customer and finally persuades them to buy them.
The store owners act as a bridge between the manufacturer and customers. They take up the needs of the customer to the manufacturer and provide the manufacturer with necessary information to design the furniture up to the taste of the customer. Thus, helping the company to grow better and make a strong customer database.
The only requirement for venturing into this business is that you need to own a facility. To work well in the business you need to have artistic and innovative skills to display the merchandise of the client in such a way so as to attract the crowd of customers to the store and boost the sales. This would help both the owner and client to reap profits from the business.
Article kindly provided by UberArticles.com
Topics: Home and Family | Comments Off
Tags: Antique Store, clothing store, consignment furniture store, Consignment Shop, furniture store, Home and Family, home improvements, interiors, modern furniture, office furniture, Pawn Shop, Thrift Store, Used Clothing Store, Used Furniture Store
MLA Style Citation:
Harvey, John "Scope In Consignment Furniture For Both Owner And Client." Scope In Consignment Furniture For Both Owner And Client. 23 Jun. 2010. uberarticles.com. 17 Sep 2014 <http://uberarticles.com/home-and-family/scope-in-consignment-furniture-for-both-owner-and-client/>.
APA Style Citation:
Harvey, J (2010, June 23). Scope In Consignment Furniture For Both Owner And Client. Retrieved September 17, 2014, from http://uberarticles.com/home-and-family/scope-in-consignment-furniture-for-both-owner-and-client/
Chicago Style Citation:
Harvey, John "Scope In Consignment Furniture For Both Owner And Client" uberarticles.com. http://uberarticles.com/home-and-family/scope-in-consignment-furniture-for-both-owner-and-client/
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