2006-10-30 20:26:48 · 4 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
by calculating on how much you use to buy what to sell and make sure that you will sell higher than you bought. This will also be determined by the demand of the customers on at what rate the item is going out. The turn over rate is the one that determines on also how long you stay without buying new products in order to prevent getting out of stock.
2006-10-30 20:38:48 · answer #1 · answered by macho knatcos 2 · 0⤊ 0⤋
Look for a hole in the market.Listen to what people want and how much they'd be willing to pay.
Start of small,don't go getting big ideas,they can come later.
Keep prices fair,if you hike them to high,people won't buy.
Have a comment/suggestions box,customers views are always needed.
2006-11-03 10:00:51 · answer #2 · answered by nicky dakiamadnat600bugmunchsqig 3 · 0⤊ 0⤋
To make the business successful, and your outgoings have to be less than your incomings!!
2006-10-30 20:32:01 · answer #3 · answered by scragette2000 5 · 0⤊ 0⤋
both are right
2006-10-30 20:50:00 · answer #4 · answered by soniamalhotra210 2 · 0⤊ 0⤋