have some questions from anyone who has relevant experience.
We, there are three of us, already have a growing photography studio doing weddings, portraits, you know the normal stuff. I, primarily, would like to expand in three areas.
1.) move from our existing location to a location that would offer more space so I could divide the two major parts of our business.
2.) Expand on the sale of novelty items (picture cups, plates, t-shirts, ext.). Our area is largely a resort/vacation area and I think it would do fairly well. The closest competitor is 60 miles away and we already have a majority of the equipment needed.
3.) have a portion of the new space for consignment sales of photographers work and used camera equipment.
The question is: How much percentage should one charge on consignment sales?
We, there are three of us, already have a growing photography studio doing weddings, portraits, you know the normal stuff. I, primarily, would like to expand in three areas.
1.) move from our existing location to a location that would offer more space so I could divide the two major parts of our business.
2.) Expand on the sale of novelty items (picture cups, plates, t-shirts, ext.). Our area is largely a resort/vacation area and I think it would do fairly well. The closest competitor is 60 miles away and we already have a majority of the equipment needed.
3.) have a portion of the new space for consignment sales of photographers work and used camera equipment.
The question is: How much percentage should one charge on consignment sales?