Augusta
VIP Contributor
Paint business is a lucrative one because this is one product that is always in high demand. People are always building or renovating their homes and buildings as such they always need to paint the surfaces.
So paints will always be needed, if you are into this business you should know how to reduce the risk of the business so as to have the product in top quality always to sell.
So how do you make more money from your paint business.
Always sell out the old ones you had in stock already. This will reduce the risk of having spoilt paints that you might not be able to sell later. Which means lesser money when you can't sell some.
Do bulk sales even at a cheaper rate: You would be making more money when your turnover is high . so leverage on cheap price but high number of sales to make higher profit.
Add yours?
So paints will always be needed, if you are into this business you should know how to reduce the risk of the business so as to have the product in top quality always to sell.
So how do you make more money from your paint business.
Always sell out the old ones you had in stock already. This will reduce the risk of having spoilt paints that you might not be able to sell later. Which means lesser money when you can't sell some.
Do bulk sales even at a cheaper rate: You would be making more money when your turnover is high . so leverage on cheap price but high number of sales to make higher profit.
Add yours?
