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Auntie Kate The Resale Expert

Kate Holmes of TGtbT.com talks with consignment, resale & thrift shopkeepers about opening, running, & making their shop THRIVE!

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How big a shop can I run?

November 4, 2016 by Auntie Kate of Too Good to be Threw

Kate Holmes, Consignment Guru, Resale Guru, Thrift ConsultantLet’s go to the mailbox! EM asked an interesting question recently:

How big a shop can one person run by themselves?

Answer: That depends. (Don’t you love answers like that?) On three things:

1. The actual square footage of the selling space of your shop. Up to 750 square feet, usually, can be adequately staffed, at least in the beginning, with a single person. That’s the size of my first shop, and just one person was usually plenty.

2. The arrangement of the space. That 750-sqare-foot selling flHow big a consignment or resale shop can I run alone?oor, though, needs to be one big room, with no walls. if one person is working alone. With various rooms, alcoves, cubby holes, corridors, you run the risk of providing less-effective customer service, and encounter the danger of shoplifting or other undesirable activity. You can’t help a customer if you can’t see her!

3. What you’re selling.  Is what you’re selling small? That means more selection which means questions and selling suggestions would be more frequent. If you sell larger items, say couches and dining table sets, there’s less to choose from, and therefore less attention might be needed… unless, of course, those couches are pricey… in which case, more attention, and sales staff, might be called for! (See what I mean by “it depends”?) So a single worker could cover, comfortably, a larger space of larger goods and still be of assistance to shoppers.

You’ll also need to consider how you obtain your merchandise. If you’re consignment or BOR (buy-outright), who’s covering the sales floor while you’re taking items in? Agreeing to consign, or spending your budget on BOR, means incoming goods need, ethically and financially, to be ready to sell fast. None of those “I’ll get to it when I can” types of storage areas. If you operate with donations, how will they get sorted, cleaned, tagged and displayed with one person working? After hours, of course, can fulfill a lot of prep requirements, but after all, no one wants to live at their shop.

Which brings up the final consideration about staffing the store: How busy you are. The traffic walking in, both buyers and sellers, is of course, what EM is really asking about. Sure, a shop can be run by the owner alone… but will just one person ever be able to accomplish all the tasks needed to build the business beyond its first year or two? Also: how busy you are in your non-owner role: What if you catch the flu… or your child has a dance recital or you have to pick up your MIL at the airport?

And my final answer?

Consignment, resale and thrift shops need to maximize the use of their space

Get your copy PDQ

Plan, financially and mentally, on adding dependable, scheduled help, paid or family or volunteer, within 9-18 months so that the business operates smoothly… and so you don’t end up spending 80 hours a week playing catch-up all the time!

You can get more dollars out of the same space… no matter how large or small… with The Essential Guide to Using ALL Your Space, available as a PDQ download on TGtbT.com

Perhaps a more interesting question is: How LONG can I run my shop solo? Most of us start our businesses alone but how long did that last for you? Tell us, in the comments, how long before you hired help or strong-armed family and friends into real, scheduled, consistent shop help!

 

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Posted in Mailbox: 1-on-1 Advice, Shopkeeping talk | Tagged daily operations, resale shopkeeping, starting a consignment shop | 7 Comments

7 Responses

  1. on November 16, 2016 at 7:10 am Jayne's avatar Jayne

    Lots for me to go over and think about as I reflect on 2016. I have a 4000 sq ft space, I rent space to 9 vendors and the rest is mine. I’m not a consignment shop but love your blog because you go over lots of what I deal with.


    • on November 16, 2016 at 8:30 am Auntie Kate of Too Good to be Threw's avatar Auntie Kate of Too Good to be Threw

      Thanks, Jane, always nice to hear from a happy reader! I try to aim my writing at not just consignment operations but all sorts of resale professionals and I’m glad you enjoy TGtbT.com‘s blog!


  2. on November 7, 2016 at 11:16 am Ann J's avatar Ann J

    I personally don’t see how one person alone could handle incoming and outgoing merchandise ever! Especially in the beginning while you are also trying to establish your brand. If you want to make your customers and consignors both angry, just try it.


    • on November 7, 2016 at 11:56 am Auntie Kate of Too Good to be Threw's avatar Auntie Kate of Too Good to be Threw

      Thanks Ann for your input. I should bop on down to your area and visit… never knew you were there!


  3. on November 6, 2016 at 6:08 am Michele's avatar Michele

    Thank you so much for looking at my facebook Kate! And yes my employees are worth their weight in gold! I am very blessed.


  4. on November 4, 2016 at 2:25 pm Michele's avatar Michele

    I ran my business from dec. 2011 to May 2014 alone (2.5 years) I Added a PT person (3 days a week) at that point, Sales took off (by the end of the we’d doubled sales over 2013) Why? We were able to process more stuff, list more online AND we were able to be open more hours.

    In May 2016 I hired another PT, she works 10 hours a week. Sales are projected to be up over 25% this year.

    We are now considering expanding our space from 800 square feet to 1100 square feet by moving into the store front that adjoins ours. With that I would most likely add a third PT or see if one of my two current ladies wants an extra day or two.

    Crunching the numbers now to figure out if BOTTOM LINE income would increase enough to make the expansion worthwhile.

    Thanks for this great article, tres timely!!

    Michele McGlone
    Owner Emotional Outlet
    http://www.facebook.com/emoutlet


    • on November 4, 2016 at 2:41 pm Auntie Kate of Too Good to be Threw's avatar Auntie Kate of Too Good to be Threw

      See, Michele? You’re living proof that having staffers actually MAKES a shop money… assuming of course that they’re good ones! (PS Loving your albums on FB!)



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