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Posts Tagged ‘bankrupt’

Consignment shops appeal to a lot of potential retailers simply because they do not require a large grubstake to purchase merchandise to sell to customers. Well, they think, that’s cool. If I don’t sell it at a profit, heck, I don’t have to pay for it. So, I don’t sell it, I’m not out a [...]

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That’s what one of our Sharers wanted to know the other day. It’s a common misconception. Those looking at the business from the outside in, think They get all their stock for free so what’s the big deal about starting a consignment shop?
Yes, it totally possible for a consignment shop to go bankrupt. Sometimes they [...]

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