By Jess Gibson on Jul 6, 2021 12:17:33 PM
Starting a business from scratch, or growing an existing business, can be both tricky AND exciting. You’d assume that, if you’re already in possession of a particular skill or can peddle a trade, this process wouldn’t actually be all that difficult, as you’ve already got what are, in essence, the building blocks of success, right? Wrong.
Unless you already have a vast reserve of cash that you can dip into or are prepared to take out high-interest loans (which may harm your profit margins in the long-run), then finding the money that you need to either get started or begin to expand and challenge your much-more established competitors is a stressful process. And we all know that the key to a good business reliant on a particular trade and/or skill is having the right tools – and quality ones, at that. But the prices associated with such items can really hold back your progress, especially if you’re looking to kit out a whole team with state-of-the-art, brand-name, best-in-the-biz tools and supplies. Essentially, you’re stuck between a bit of a rock and a hard place. Buying in bulk and sourcing trade supplies doesn’t have to be an expensive endeavour, however, as there are routes to market that are much kinder on your finances and easy to navigate! We are, of course, talking about auctions.
Quality for less
You’ve no doubt found that more and more clients are after a luxury look, without necessarily having the budget to back up their wish lists. Online auctions can really help here as you can source desirable products, such as freestanding baths or oak flooring, at a fraction of their original RRPs, meaning you’re delivering a high-end finished look, without a hefty price tag.
Buying in bulk
In most supermarkets and retail stores, you’ll be aware that buying in bulk is often a much better way of purchasing items. In everyday life, this can be inconvenient as you end up buying more than you need and actually spending money you shouldn’t have to; in the business world – particularly with regards to those revolving around a trade or skill – buying in bulk offers you outstanding value for money, with larger quantities lowering the cost-per-unit.
Not only does it represent excellent value for money, but it also helps you to accumulate extra tools and supplies that can be utilised at some point in the future, saving you money in the long run. Great, right?
Here at William George, we carefully build and hone relationships with large retail suppliers to bring you regular auctions featuring new, end-of-line stock from liquidations, in addition to raw retail returns, which have the potential to drive your costs down even further.
These partnerships are formed with vendors who have a vast amount of experience working in conjunction with various companies, allowing us to feature pallets of items that sell at a fraction of their retail price. These savings are subsequently passed on to you!
Jack of all trades
Whatever trade you’re in – building and construction, home renovation, plumbing/electrical work, or the buying and reselling of stock – our auctions can help to kit you out with all the tools and supplies you need at prices that are more than reasonable.
So, if you’re trying to start or grow your own business, and already have overheads that affect your business’ finances, purchasing your trade supplies via one of our regular auctions could be the perfect low-cost route for you! It will allow you to focus your all-important cash reserves elsewhere, such as marketing, renting, and staff expenses, whilst providing you with the tools vital to your success.
Auctions are an invaluable source of stock, tools, and supplies, and you would be doing both yourself and your business a huge favour by signing yourself up to our mailing list so we can let you know when items you’ll be interested in come up.
Take a look at the trade related items we have for sale right now!