Sunday, May 21, 2023

Weeks Finds will be Offical

 


 I have been going back and forth on a business name. Weeks Finds has been the one that fits. It will be a business focusing on resale of items that we find through bulk buys, second hand stores, thrift shopping, yard sales, and any other methods that we can find items. This will be a home bases resale business based around discount products that we can find.

The business name, Weeks Finds, will be official soon. I put in for the DBA (Doing Business as) today and will get any licenses that I need in the next few weeks. In Arkansas, I should only need a resale license and the DBA. When you are starting any home business, be sure that you do research on the laws in your area. Not just for your state, but also city and county business laws.

What is Next for Weeks Finds?

As of right now I have purchased several bulk wholesale lots for resale. I am averaging at about 15-20% profit on those. The resale lot I have purchased are smaller boxes. There is a much bigger profit margins on larger lots, but there is also a much bigger chance of damaged products. So there is a chance of a greater loss. 

There has been several items we purchased from second hand stores and resale stores. So far I have not made a huge profit on everything in all, but I have made a big profit on a few items. One item that my Mom picked out was purchased for $2, I sold it the next day on our Etsy shop for $20. If I can continue that pattern the business would grown exponentially. 

Recently I made a trip to to acquire a huge lot of items from a deceased friend. These items were things that were either going to be donated, or trashed. So I took them under consignment. Some items may not sell, but in all it will be a profit for myself and the spouse. We agreed upon 50% of the profit split after all of the fees. In about a month, just the consignment, has profited over $300. Now, as of right now, that is the majority of my profit, but it is pushing my business forward. 

Open for Business!! 

 

 Weeks Finds is open for business on Ebay! We have a lot of items from movies, apparel, Elvis collectibles, vintage and more. This will be the main place for sales for our business. For items that I cannot sell online, I will sell at discounts through yard sales or Marketplace. 

Next, I will be putting together a plan to purchase more items. I have been considering starting to offer services to family members of deceased loved ones. Offer to help clean houses and find items the items of value to sell for them under consignment. It is just a thought in my head with many more, but I have a lot of empathy for people that have lost family members and feel that I could help them. 

Who knows where this will take my family. This business is finally giving me a big chance to work from home and be with my kids. They have been loving that their mom is home now. I do not have to leave them for 10-15 hours a day, sometimes seven days a week. This has still been work, and some struggles, but they are there most of the time. I am always available for them when I am needed, no matter what. 

Please check out our shop and let us know what you think.



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