How to Do Your Sum?
 

Hi,

I'm intending to sell some detergent using a pushcart however I can't figure out the sum for setting up such a stall without incurring loss. A typical rental is about $2400/month (about $80/day). I notice that some pushcarts are selling small items which is less than $10/pce, so how can they thrive?
Am I missing out something?
Anybody can help me with this?:confused2:

Re: How to Do Your Sum?
 

Did you watch for the whole of 30 days from open to close?

Sometimes they might not earn and make a loss.

And because of contract or they already paid the rent so they are still there.

Re: How to Do Your Sum?
 

Calculate your margin, consider how many pieces you have to sell a day. Guess if you can make it based on the crowd there. Try it for a couple of months, if you can't make the cut then run for it.

Some people may be selling cheapo stuff that are less than $10 or even $5. Their margin & turnover however could be much higher than yours!