Starting a retail business has been one of the harder ways to start a business, and the statistic that “98% of businesses fail in their first year” has a lot to do with this business model.
Here’s the reason why… Retail businesses usually require a large sum of money to start. I’m going to share a method with you for starting a retail business that isn’t that costly, but let’s first look at how retail businesses were usually operated before.
Other than having to pay for your monthly lease, you have to worry about hiring employees, hiring a manager (if you don’t want to be at the store every day), buying stock, getting a merchant service and computer system… not to mention having to worry about your employees taking you for whatever you got in your stock or your cash register.
All of these risks and expenses end up doing a number on the business owner if they’re not prepared to handle them… and unfortunately, 98% of business owners never think of the true importance of handling these things.
The basic rule of thumb is, if you’re trying to start a retail business, you need to have AT LEAST 6 months worth of your monthly overhead saved up and available for use.
The interesting thing is though, the majority of these obstacles can very easily be overcome… IF you think about them in advance and prepare yourself for each one of them.
And to bring this into better perspective for you, I’m going to tell you a story about a very well known business person by the name of T. Harv Eker.
He’s known for a wide array of accomplishments, but this one is going to be specifically about when he started up his first business, Fitness Land.
Fitness Land was a retail exercise equipment shop that systematically sold fitness equipment to people. With his system, he was able to open up 11 locations in less than 3 years and sold half of his shares to the Heinz corporation (the ketchup people) for $1.6 Million.
Here’s the full story…
When Harv decided to start up Fitness Land, he was dead broke. He had absolutely no money to start his business with… so he borrowed $2,000 from one of his credit cards to pay for the 1st month and last months’ rent on his retail space.
And since he didn’t have any money for his products, he went to the product manufacturer with a very clever offer.
He asked the manufacturer if they could lend him one of their machines for a couple of hundred dollars and he promised that he would come back with a large order soon.
So the manufacturer decided to try it out, and then lend him the one machine. Here’s what Harv did with that one machine… (this is the power of creativity)
He had about 600 square feet of space to work with, so what he did was he cut off the majority of the …
When you get a yeast infection in the mouth, it is called Thrush, characterized by redness and white bumps and can be painful. Newborns, infants, and older adults are most susceptible, but it can occur in anyone at any age. In babies that are healthy yeast infection is not usually a serious issue and can be easily treated and cured naturally.
With a mild case of thrush the only things you may need to do is clean/sterilize baby bottle nipples and pacifiers on a regular basis and give the inside of the mouth a gentle massage with a clean moist cloth.
If breast-feeding, you need to also treat your nipples so that you don’t transfer the yeast infection back and forth between you and your child. There are antifungal medicines available out there, but then your baby gets to eat those chemicals as well, so we prefer the natural approach. You can also apply lanolin to help relieve nipple soreness.
If you wear dentures and develop thrush it is very important to clean your dentures every night and treat your mouth as well, here are the steps you should take:
-Take out the dentures before going to bed.
-Use a clean toothbrush and water to scrub them well.
-Soak them overnight in Chlorhexidine Gluconate, which you can get from a pharmacist. You can also use a denture cleaner (such as Polident or Efferdent) that is sold in most drug or grocery stores.
-If you use the Chlorhexidine Gluconate to clean your dentures, you need to rinse them very well in the morning. Do not use a fluoridated tooth paste for at least 30 minutes as Fluoride has a weakening effect on Chlorhexidine Gluconate.
There is a dye called Gentian Violet (1%). This dye will kill off bacteria and fungi. The draw back is it should only be used one time. If you do not get all the fungus you need to try another remedy. It is available without a prescription, but should only be used on adults. Here are some preventative tips that may help:
-You need to have good oral hygiene habits, like brushing twice a day, flossing once a day and using an antiseptic mouthwash. If this is your second go round with thrush you need to replace your toothbrush.
-Practice good hand washing.
-If you need to take a liquid antibiotic, you need to rinse your mouth within a few minutes of taking it.
-If you have health challenges such as diabetes, HIV, or cancers, you are at increased risk for thrush.
-You need to rinse your mouth with mouthwash after inhaling corticosteroids
-If you are afflicted with AIDS, Listerine may be particularly helpful in preventing thrush.
Here is how to help reduce the risks of spreading thrush to babies:
-During the last 3 months of pregnancy treat vaginal yeast infections. This lessens the chance baby will get thrush during delivery. Treating vaginal yeast also helps prevent thrush spreading during oral sex.
-Wash all nipples and pacifiers …