Monday, April 7, 2008

Business studies! On average how much would a florist spend per month at the wholesalers? -

do you think?Any ideas greatly appreciated, i have absolutely no ideaI just need an idea for my Business coursework as i m planning a florist business!! Thankyouu :)

you have it backwards-upside down. the idea in INVENTORY CONTROL--is to start with a trial inventory of what YOU think will sell.you learn from experience how long UNSOLD inventory lasts in the refrig.you learn from exp how long items take TO SELL.some items will go quickly, 1-2 days, others will sit there; for 1 of two reasons;there is a minimal market for what you are offering--or, your price is too high.those that go quickly will go because they are hot demand items in your area --andthen you get to decide how high you might want to price them.,........orleave the price alone and mass market them.so, what you buy at the wholesalers has NOTHING to do with what you think.........itonly has to do with what customers will buy and do buy after both KNOWING you are thereand that your price is in their budget for that item!!!

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