If you can’t source out your items locally you must consider the cost of importing. This means shipping cost, taxes/fares and other costs. Talk to local and international suppliers. As a wholesaler of eyewear, it is best to be in touch with manufacturers to minimize the cost.
If you have a line of eyewear that you can offer to retailers yet your personnel are not well trained to handle customer queries, then you will be losing clients in the long run. Hiring qualified staff is of paramount importance if you wish to succeed as a wholesaler of eyewear.
Managing your budget
Always make sure you are aware of all costs attached to your business. This means not only budgeting for your inventory but also office costs, staff and a lot of other concerns that spell costs.
Forecasting your revenue
Revenue is the primary concern a businessman. It is admittedly not easy to do this step but you should try to have a clearer picture of what you will expect to earn. This will help you plan and expand your business.
Euro Optics UK Ltd is one of the UK’s largest importer, wholesaler and distributor of eyewear, with over 30 years’ experience. If you wish to know more about sunglasses, reading glasses and eyewear, keep checking our blog or visit Euro Optics UK | Wholesaler of Sunglasses, Reading Glasses and Optical Frames at www.euro-optics.co.uk.