If you, like me, are starting to collect up all those facts and figures for your tax filing, here’s a simple way to get the annual totals of the amounts you collected, refunds you sent, and payment fees from your interactions with PayPal.
Posts Tagged ‘profit’
Tax Time! How much did you pay PayPal?
Posted in economics of resale, Shopkeeping talk, tagged profit, resale shopkeeping, small business, starting a consignment shop on January 5, 2018| 1 Comment »
Didn’t get what you really wanted?
Posted in Shopkeeping talk, tagged christmas, holidays, profit, resale shopkeeping on December 26, 2017|
Wow, did you click on today’s post simply BECAUSE of the title? Hmm, lesson learned?
Yup, December 26. In the spirit of naming days in regard to their seasonal consumerism (Black Friday? Cyber Monday?), December 26 should be The Day of Disappointment.
However wonderful your December 25 might have been (hopefully, was!) with family and friends, fellowship and good cheer, wonderful food and drink…. if you didn’t receive what you really wanted chances are, on December 26, you’ll be out seeking that which
you really wanted.
Which is where you,
The economics of providing deals
Posted in Shopkeeping talk, tagged christmas, holidays, profit, resale shopkeeping on December 14, 2017|
I recently opened a broadcast email from a consignment shop owner which offered a deal. She wrote:
“buy a $100.00 Gift Card for $90.00!”
Now, think about this. A holiday gift-giver has decided that she’ll purchase a $100 gift certificate for her mother, daughter, employee or friend. You tell her she can have it, and KEEP $10.
As opposed to an offer like
“buy a $100.00 Gift Card & we’ll give you $10.00 in MyStore Bucks for yourself!”
Now what’s the difference in these two offers?
Obviously,
No more Christmas.
Posted in Shopkeeping talk, tagged accepting, christmas, consignors, holidays, profit, resale shopkeeping on December 8, 2017| 2 Comments »
When do you all stop taking Christmas décor in?
Joyful no more, holiday merchandise on December 26.
Holiday-specific consignment goods for sure have a drop-dead date… and it’s for sure, the day AFTER whatever holiday. So should you stop taking Christmas-related items in… on December 1? December 5? October 25 (if your consignment period is 60 days) or September 25, if it’s 90 days?
After all, the MOST (more…)
“Shop with Google open on your phone.”
Posted in economics of resale, Shopkeeping talk, tagged profit, resale shopkeeping, starting a consignment shop, web on October 4, 2017|
“Shop with Google open on your phone.”
That’s the advice in a video I just watched called “How to Consignment Shop.” The young lady insisted that it was crucial to check prices so “I’m not getting ripped off.” She even went so far as to (more…)
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