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Selling Graffiti Products
Can anyone tell me where I can find Graffiti products in Brisbane?
I need to find an actual store that sells Graffiti products such as Montana or Iron Lak Spray Paint and Paint Pens. I have been buying these products offline for a while now but I want to find an actual store that sells the products.
Damn i dont know exactly where that is but its going to be tough just look up hip hop stores they usually have it in the back or know where you can get it if i were you just go rack some rustos from home depot or design masters from michaels its easy and free lol
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SHOCK10 Graffiti, Art, Prints and More!
Would you start this small business if you are 16 years old?
Okay to begin with the product that i am going to sell is spray cans.
I am going to buy 300 cans for $828 (including tax).
Then i am going to sell each can for $3.20, this creates $960 (if all are sold).
Leaving me to be in profit of $132 per month.
I still go school and want to generate money. Please do not say carry on learning and you will soon be earning big money. And just answer the answer would you start this small business if you are 16 years old?
I worked out that i only make 15% profit is that good?
There is no extra costs because i am going to buy straight from the distributor and leave the stock in my room and bring customers to my house to pick up the paint. So no extra cost like utility bills and storing cost are needed.
Sorry i did not mention this and above the market is pretty good because our local graffiti store has closed and many graffiti artist in my school are looking for paint.
There are some things that I feel you must resolve before you go into business.
First, can you either purchase for less or charge more? The reason I ask is that a 15% gross profit isn't good.
Second, how solid is your estimated 300 cans per month?
Third, if you are able to gross nearly $12,000 per year you are going to be operating a real business and should comply with the applicable regulations in your community. For example, can you store large quantities of flammable materials in a residential area? If it is against the law it would invalidate your parents homeowner's insurance.
Fourth, don't forget to take income taxes into consideration -- state and possibly local as well as federal.
There is a rule in business -- "Investigate before you invest." Do your research and try to verify the size of your market and determine if there are any additional costs you didn't take into consideration. If it still looks good go for it, if not look for something else.
Good luck
Jerry-the-bookkeeper
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