If only we all could have the correct advice John.
Like most things in business if it was that easy we would all do it. At the moment, in retail and trade sales, it is about breaking even or treading water and occasionally making a profit.
But “win some lose some” is an often occurrence, no different to when most of you guys set up tilling. I’ve been selling tiles for over 30 years and yes starting off now is difficult. But people doing it now are wiser and smarter.
Plenty of prep work and knowing your market. No different to setting out a large floor, rush it with no prep work and it will cost you dearly and in the long term possibly fail.
Distributors are falling over each other to supply new
tile shops exclusively; you just need to cherry pick the products that you feel you can sell.
Nothing is a dead cert these days in what will and wont sell, look around any distributors warehouse and ask them. If you knew what was going to be a good seller you would be sitting next to Hector Riva tugging on a cigar!
But this recession isn’t going to last forever and it is a survival of the fittest. T/G CTD and similar companies owned by T/P or Saint Gobain don’t need to make money at the moment they are cash rich companies and are pricing other retailers out of business but you have to either move away from the cheaper tiles they sell and sell different, wiser and give good customer service. Its not all about price, looks at Topps they are moving away from cheap as there is no money in it, unless your owned by a multi billion pound company.
So as long as you don’t tie yourself in with a hefty long lease and massive rates etc. you could make a go of it.
Or do you all think that T/P CTD and T/G pay no rent and have no staff wages? They don’t get tiles and adhesive much if any cheaper than other importers I can assure you. But they don’t mind working on small or zero margins to squash their competition as they are subsidised by the parent company,
Sorry to go on guys and ladies! but stop lining their pockets!!!! as once the competition is finished and they have the monopoly, prices will go through the roof.
Good fortune to whoever starts in business today as it is not about luck any more.