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AUQuilter
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Forum:
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02-05-2013, 12:15 PM
Replies:
64
Quilt Shops Closing
Views:
20,637
Posted By
AUQuilter
CD, I obviously misused the term profit margin. ...
CD, I obviously misused the term profit margin. I had mentioned business overhead expenses in the reply before that one and should have called the $1 difference a markup. Thanks for clarifying...
Forum:
Main
02-05-2013, 10:29 AM
Replies:
64
Quilt Shops Closing
Views:
20,637
Posted By
AUQuilter
I hit reply before I finished. So here's the...
I hit reply before I finished. So here's the math part and I am making up #s for ease of doing that math: If the LQS buys fabric at $5 a yd and then marks it up 60% then it is selling for $8 a yd....
Forum:
Main
02-05-2013, 09:43 AM
Replies:
64
Quilt Shops Closing
Views:
20,637
Posted By
AUQuilter
I think it depends on how much fabric turnover...
I think it depends on how much fabric turnover and other business overhead expenses they have. My LQSs are marking the new fabrics at $10.99-11.49 a yard. When I travel with DH to Lancaster (I get...
Forum:
Main
02-03-2013, 12:32 PM
Replies:
64
Quilt Shops Closing
Views:
20,637
Posted By
AUQuilter
Most likely, she is "hoping" that things will...
Most likely, she is "hoping" that things will work out and not have to go out of business. I too have been in a shop with old fabric- those I can get on Craigslist postings- and wonder how they stay...
Forum:
Main
02-03-2013, 11:03 AM
Replies:
64
Quilt Shops Closing
Views:
20,637
Posted By
AUQuilter
Quilts shops will come and go like Scissor Queen...
Quilts shops will come and go like Scissor Queen states. Many small businesses fail to thrive for various reasons, some not even making it through the first year. They don't plan to fail, they just...
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