Ask Dr Nerenberg | Health and Fitness

I can close my business.It is suffering because the economy is so bad. It seems that people want to drink instead

I just open my doors Last year in June 2007. I have a health and nutrition store. I'm on a busy street. I spent thousands of faithful have customers.I advertising.I give flyers cards, etc. The problem is that I'm not making enough to pay the bills. Within a week (last week) gave me gas and hydroelectric power cut in our home and the phone cut into the business. I paid for hydropower to back home loans money.I can not get gas until the new phone company that no payments will be asked. My contract comes to renewel and I need to know if I continue to suffer in the realms of this business I invested all my savings at. I cut my losses and quit or if I can get a loan and keep fighting? I do not know if this economy will improve or not.

I have health and shopping Nutrition passing under 20 years. It may not be the economy. It could be your business plan. Your store might not be viable for its location. Are there any competitors in the area? What are your prices and selection like? Perhaps you are not finding the best dealer to buy their products from? Maybe you capital is tying its products are not sold. Do you have an inventory that has been there a long time that do not generate sales? If so, reduce the price them to walk out the door and not waste their resources on again. Make a special if you must. Get as much money as possible, but do not expect much if any benefit. Sell ​​at a loss if necessary. Take the money and buy the products they sell more often. A product that has a profit margin of 10% which is always sold much better a product with a profit margin of 100% is never sold. Determine if there are new products that can sell that can generate more interest in his shop. Are there any service can add? I met a lady who gave free lessons that teaches vegetarian cooking. People who came to the classes completed the purchase of supplies from her and also buy other products while there too. I have no advice on whether to continue or not. I have no way of knowing where you stand. You could be setup in a desperate you could have a gold mine that has just begun to produce yet. I have no idea. It is necessary to analyze your business and see where the money is gone. Being a dictator when it comes to budgets. At the end of each month, you should know the name and business address each of your coins from a cent was a. Analyze your property. See what sells. See what the profit margins are. Can you lower prices and still make money. Sometimes, making a profit less to generate more revenue. However, this must be done carefully.

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Bag of Assorted Samples & Flyers- Brand: Ellas Botanicals – Canadian Ellas Botanicals – Canadian Brand….