Does size matter?

[Mitch]

This topic is to expand the discussions on the big boxes and our ability to compete. I do not want to become a BB and I have experienced some of the problems of being too small. ie. buying power, inventory requirements, capital expenditures....and as the song goes.... on and on and on and on.

[Bob Carter]

I think this all comes down to objectives. And not one size fits all. Those that are "small" may wish to be that size. A perfect example is Jim Miller. He has found a way to be the best framer he can be and is most content with his "size". He is most comfortable and makes a "substantial" level of income with his business.

Some are "large" and they struggle to make payroll.

Which is better? It's all about operation and ability and desire.

Unfortunately, I'm sure you will hear from more "small" justfying their size as perfect because it's all they can handle and they may stuggle mightily.

The worst scenario is not to be the size you want and not be able to make money at whatever size that is. And I think that fits more than wish to admit.

My lot is a simple decision. If I couldn't make the level of income necessary in this trade, then I would find another industry. So, to me size is critically important.

But, like most of my opinions, I'll guarantee this will be in the minority point of view.

I do think the key is to have realistic goals based on ability: ability to manage the tiger by the tail and ability to put enough shekels in the bank to be comfortable.

That is like asking is "Enough, enough"

[ 11-07-2003, 04:33 PM: Message edited by: Bob Carter ]

[Flintstone]

I can't resist...Perhaps it not the size of the store, but the magic in it that makes the difference.

[Less]

Big enough to clear 70-100Gs

How big is that?

[ 11-07-2003, 05:19 PM: Message edited by: lessafinger ]