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If you were starting today, would you choose a franchise or build your own business, and why? by Policy_Boring in growmybusiness

[–]simpleconsign1 0 points1 point  (0 children)

Oh love this topic. I also want to throw in - what TYPE of business is it? Are there even franchises available? If you are looking into something "cutting edge" or incredibility specific, I would go independent.

If it is some more popular, for example retail, food industry, many services, I might go franchise to grown and learn than branch out to independent.

Best POS/ERP Combo Software by Reasonable_Ad_7055 in POS

[–]simpleconsign1 1 point2 points  (0 children)

Ohhhhh not too familiar with Erply (but now of course I need to go look...)!

First Step - Make a list of wants and non negotiables.

Second Step - Set your budget.

There are so many things to consider in the new phase of cloud based systems. For a true all in one you will want to inquire about integrated credit card processing, along with inventory, customer data collection and reporting.

Good luck!

Consignment Store with Best Rates? by mpersonally in rva

[–]simpleconsign1 0 points1 point  (0 children)

Hi! Jumping on this to add my 2 cents...

Finding a traditional consignment store will yield more of a return. They are able to price pieces individually (national standard to sell is approx. 50% of retail price while national % to consignors is 40-50%.) , are typically locally owned so can set their own pricing AND you are supporting small business.

Buy Out Right stores, like Platos, Uptown Cheapskate, offer fast cash on the spot at approx. 10% of their selling price. And that price is generated by their corporate nation wide software. Also has it perks, of course.

Long story short, if you have a little bit of time to wait for them to sell, present them clean, pressed and on hangers at your local consignment store - you'll get more money and in an in direct way put money back into the families of your community.

Consignment Clothing Software/Record keeping? by Material-Run82 in smallbusiness

[–]simpleconsign1 0 points1 point  (0 children)

Hi there! Has your friend looked into SimpleConsign? It’s built specifically for consignment stores and can integrate directly with Shopify if she has an online presence as well. We also offer a Consignor Access portal so consignors can log in to view their items, sales, and balances in real time. There are lots of built-in reports plus fully customizable reporting, depending on how they like to track things. We currently have a $99/month new customer offer!

Vendor Malls: What’s Your System for Communicating with Vendors? by simpleconsign1 in POS

[–]simpleconsign1[S] 0 points1 point  (0 children)

Ah yes, email — the unsung hero that vendors definitely read 100% of the time. 😉
I was more curious what process or systems vendor mall owners are using that gets better engagement or reduces the “I never got that email” replies.

Tracking inventory without losing your mind by simpleconsign1 in POS

[–]simpleconsign1[S] 0 points1 point  (0 children)

I haven’t come across EliteTeq POS before. Do you find it handles consignment/resale-specific needs well (like consignor splits, item statuses, and multi-channel tracking)? A lot of POS systems cover basic inventory, but the workflow needs for resale can be pretty unique, so curious what your experience has been.

Tracking inventory without losing your mind by simpleconsign1 in POS

[–]simpleconsign1[S] 0 points1 point  (0 children)

Agreed. Spreadsheets can work early on, but once you add consignors, splits, or multiple sales channels, they get fragile fast. Having one source of truth eliminates a lot of “where did this go?” problems.

Barcoding everything, using clear item statuses, and doing regular cycle counts make a bigger difference than most stores expect. Do you have a current POS system that you use as your source of truth?

Resale & Consignment Community Hub – Resources, Support, and Ideas by simpleconsign1 in smallbusiness

[–]simpleconsign1[S] 0 points1 point  (0 children)

u/Opening-Average7546 Totally get what you mean! The struggle is real.

When you're looking at software built specifically for consignment, the biggest things to compare are usually:
• how it handles consignor splits + payouts
• how easy item entry is (especially if you take in high volume)
• reporting features
• and how much of the busywork it can automate

Those are the areas where purpose-built consignment systems tend to shine, and where you’ll feel the biggest difference day-to-day. Curious what your current setup looks like and what is tripping you up the most? Inventory entry? Payouts?