It is always healthy to look ahead to 2012 and plan on what one can do to push the profits. I am currently doing research on direct import rather than going to the normal suppliers.
Some suppliers are actually trimming down on small businesses. An example would be that a small business may not sell enough to be worth their while anymore or a small business application may not be approved for whatever reason.
In short our suppliers became a regulator rather than a supplier and it is us the resellers that are now effectively feeling the losses. There is basically almost no competition left. Our suppliers also don’t keep in mind that franchises have bigger buying power then us thus there prices can be kept lower for longer.
So my approach is to find new pipelines to source goods so that we can re-establish that all important competitive edge.
What is your take on 2012 and what do you see as a foreseeable problem?