CLOSEOUT BUSINESS.
Would you like to have your own business?
Dear Entrepreneur,
Do you want to have your own business? Or you may currently have one you want to diversify? You are invited to explore a solid business opportunity that’s easy to start. How would you describe an ideal small (or big) business, which can be run from anywhere, with very low overhead and with practically no investment? Do you think it would have these features?
1. Low or no start-up investment.
Low overhead – It can be run from anywhere.
Flexible hours – Work part or full time.
Low risk – Low investment.
Legitimate – Honest, legal, ethical and in demand.
Simple – Easy to learn.
Enjoyable _ You provide important service.
Profitable – Nice profit margine.
Repeat business – Repeat business with same customers.
Big market – National scope.
Recession proof – Business in any economy.
It’s not a so called “too good to be true”, because it is a legitimate business that requires learning, honest work, commitment and motivation to succeed. If you are motivated and determined to have your own business, you should find out about this business. It’s not a franchise, not a partnership and not MLM. No investment is required only a sincere personal commitment. You can run this business full or part time, separate from, or combined with another business, with low overhead. It is in high demand, huge in size, it extends over many industries and it is national in scope. You can be part of it from anywhere.
What is the business? You probably heard about how profitable the closeouts business is. The reason is: merchandise is purchased for pennies on the dollar. The question is how can one enjoy some of these profits? People in this industry are secretive and careful about revealing their trade secrets. That’s understandable. After all it takes time and resources to reach their position. The closeouts business is part of a big industry known by many names, such as: Closeout, surplus, overstock, liquidation, excess-goods, salvage, distressed-merchandise, over-production, canceled-orders, customer-returns, vendor-returns, etc. All these terms refer to merchandise that is sold under distressed circumstances. Those who can channel these goods to the right markets can make nice profit. These goods originate from many sources, such as: major department and chain stores, Retailers, catalog companies, Manufacturers, Wholesalers, Distributors, Discount-stores, Shipping and storage companies, etc. The key is knowing when and where to buy and when and how to sell for maximum profit and with minimum risk. If these goods are not sold they increase losses, because of prolonged costly storage and handling. Older inventory must sell fast to make room for more desirable one.
How can you benefit ? You can contact by mail or phone Manufacturers, wholesalers, distributors or retailers and ask them about inventory that they may want to sell or buy. If they do, you can refer them to a company you will work with and they will take over from there. If your referral results in a transaction, you will get paid a finder’s fee. For example: 1. For referring a qualified Seller or Buyer, you may receive about 33% of the transaction’s net profit, 2. For referring qualified Seller and Buyer for the same transaction, you may receive about 50% of the transaction’s net profit. The fees can be significant, because transactions can be big. There is also a good chance of repeat business from the same customers. You don’t have to do any hard selling, buying, negotiating or collecting. You don’t have to put up any of your own money. You don’t take any risk. The company handles everything after your referral is received.
How to get started? For a limited time you can become an Affiliate. You can acquire the specialized knowledge that you need to get started in this business. It is only logical and wise that you first acquire the knowledge and information needed before committing your resources. These guides are designed to compliment each other and be used together as a system:
“Closeout Fortune” – How to buy and sell closeout or surplus for profit.
“Closeout Forms & Agreements System” – A powerful guide with forms, contracts, letters & charts for conducting business in different situations.
“Closeout, Wholesale and Drop-Shipping Directory” – Listing of closeout and wholesale sources. The information in these guides is specialized. The price of these guides is a tiny fraction of what it takes to obtain the valuable information they contain.
Please review the Table of Contents of these guides to learn what they contain.
Table of Contents of the book: “Closeout Fortune”
Introduction - 6, Market-place dynamics 6-7, Economic growth - 6, Economic slow-down – 7, Industry Structure – Distribution Pyramid -7 Top section, middle section, bottom section -7, Industry Characteristics – 8, Sales and marketing – 8, Information – 8, Fragmentation – 8 Competition – 8, How distressed goods become available – 9, Sources of distressed goods 9-10, Department & chain stores and Catalogue companies – 9, Manufacturers, Auction Housed. Insurance Companies -10, Shipping and Storage Companies, Contractual Settlements, Institutional Organizations, Failing, closing or bankrupted businesses, Classification of Distressed Inventories, Surplus, Closeout, Shelf-pull-out, phantom-inventory, Customer-returns, returns to vendors, over-production, Irregulars, salvage, obsolete-inventory, Buying and Selling Buyer beware -11, Legal issues -12, Buying techniques, Buying from big stocking liquidators -13, Buying from owners (not liquidators), Pre-sell to ready buyers, Place an option to buy -14, Barter, Consignment, Credit, Purchase order -15, Earning seller’s business, Selling-techniques, Selling through liquidation outlet -16, Focus on your market, Inventory Control, Brokering techniques -17, Automated Exchange versus live interaction, Exporting, Accepting credit-cards payments -18, Selling using layaway program, Products categories18 – 19, Customer returns, Non apparel, Electronics, Office furniture & supplies, Home accents & decorative, Tools, Furniture, Clothing, shoes, hand-bags & accessories, Marketing & promotion techniques19 – 22, Word of mouth, Follow-up, Telemarketing, Direct-mail, Buyers’ or members’ club, Catalogues, Sales reps’ network, Telephone & trade directories, the Internet, live auctions, Printed-ads, printed advertising material, Advertising Specialties, Auctions 22 – 23, Types of auctions, Are auctions a good source?, Government auctions, Auction Terminology, Starting & managing your own business 24 – 27, Introduction, Business-Plan, Capital, Special know-how, Management, Finance, Accounting, Administration, Human Resources, Marketing & Sales, Operations dept., Logistics dept., Starting your business 27-29 Choosing a name for your business, Choosing a legal entity for your business, Sole Proprietorship & General Partnership, Limited Partnership, Corporation, Limited Liability Company (LLC), Registering your business, Opening a business bank account, Getting a Business License, Getting a Sales-Tax Certificate, Getting a Federal Tax I.D. number, Setting-up shop and back office -29, List of needed items, Business-Plan Template Form 30 – 36, Cover, Title page, Executive Summary, For a Financing Proposal, Table of Contents, Description of Business, For an existing-Business, Business Location, Licenses & Permits, Management, Personnel, Insurance, Marketing, The Market, Competition, Financial Data, Supporting Documents, Preparing to conduct business 36 – 39, Buying direct, The bottom line, Contacts, Working from a warehouse, Selecting a location, Designing a location, Buying your first load of goods – 39, Placing an order, Receiving a shipment, Pricing Products – 40, Current fair market value, Liquidation value, Resale value, Pricing Guidelines, Percentage of Retail price, Retail-based profit estimating worksheet, Percentage of wholesale price, Wholesale-based profit estimating worksheet, Bulk Volume – 41, Waste Factor, Freight & Insurance, Profit Analysis of a load of goods – 42, Example, Profit or Loss Calculation Chart, Determining a Resale-Price of a load of goods, Determining Cost-Percentage of an item, Formulas, Buying on the basis of “Total-Load-Value” OR “Price Per Piece”- 43, Example with a chart, Formulas, Records keeping, Business ethics and fraud – 44, Glossary of terms – 45, A business opportunity – 48, Affiliate Registration Form – 50, Publications Order Form – 52.
