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It sounds like you quit. May I ask why? I got to the point that I had a nice brick and mortar store, a good clip of web sales, and a couple of employees. I wa
by brk 17y ago
It sounds like you quit. May I ask why?
I got to the point that I had a nice brick and mortar store, a good clip of web sales, and a couple of employees. I was working full time and doing this as a side operation. Another company kept making me job offers until the offer reached the point where it was worthwhile. However, I had to relocate and do a bit of travel, so it was going to be too difficult to maintain the other operation so I spun it down.
90% of my sales were in the US, so all the inventory was in the US (it got to the point that I had about $500,000-$900,000K in inventory on hand (home automation, home audio, home theater stuff)).
I paid taxes/duties/etc on anything I imported and on anything exported made sure that fell to the buyer.
The majority of the stuff came from US manufacturers or distributors and was re-sold in the US to dealers or end-users.