Posted by Bret4207 on November 17, 2013 at 05:10:41 from (64.19.90.196):
In Reply to: Main Street Revisited posted by oldtanker on November 16, 2013 at 22:20:34:
Quoting Removed, click Modern View to see
A very good point! That's something that always baffles me. When a business is having a hard time they never, never, NEVER do what they need- open earlier and close later! We had a Ford/NH dealer nearby. The place was always closed for noon to 1:00PM and only open a half day on Saturday. The owner was complaining to me about revenue and I said, "Why not send Jim, the other counter man, to lunch at 11 and you go at noon? Give him a half day off during the week and have him stay open till 5 on Saturday? Or why not stay open till 6PM on weekdays when the other dealers are closed? NO FREAKING WAY would he even consider it!!!! He said, "Nobody comes here from noon to 1:00!" I told him that was garbage because there was almost always a line of people at the door when he got back from lunch! He wasn't willing to put more time into his business and he lost Ford, lost NH, lost Long and pretty much everything else. And THEN he tried to sell the store! He could have gotten a good $750K- 1 Mill or more when he had Ford, NH, etc. When he tried to sell at $400K he got laughed at and not one nibble!
If you want to be self employed in retail and make a good living you have to be open when people can get to you. Simple, simple fact.
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