Page 28 - Book11E
P. 28
Don't worry that children never listen to you; worry that they are always watching you.
—Robert Fulghum
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2 . Thrift Store: These are run by a not-for-profit organization to raise money to fund their charitable causes. The Salvation Army/Goodwill is a good example. If you have donated old clothing or household goods to organizations in the past, chances are this is the type of store that resold your goods.
3 . Consignment Store: These stores accept merchandise on a “con- signment” basis, that is, the store will pay you a percentage of the sale when and if the items are sold. The majority of consignment stores pay the owners 40% to 60% of the price the item sells for. They usually have a time limit for how long they will keep your mer- chandise on sale at the store, anywhere from 30 to 90 days. Some consignment shops combine purchasing merchandise
outright with taking it on consignment.
Resale or consignment stores can be a great way to earn a little extra money by selling not only your used items, but also your children’s used clothing, toys, books, strollers, etc., as your children grow out of them. We’ve compiled a few tips for you to use if you want to think about trying the consignment business.
Browse the consignment stores in your town
There are probably a few consignment shops not too far away from you. Try to visit a few of them or ask other parents in your neighbor- hood for a recommendation. The quality of consignment stores can vary, and you want to be sure the store you use has a good reputation both for the quality of the items they sell and how they treat their resellers. Many consignment stores focus on a particular type of mer- chandise. You should be able to find one that takes children’s items.
Creating Extra Income