Store upgrading to 100k sq meters :: Questions and answers. Help.

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Topic created : 16.10.2009, 15:37

Do you think that's good if I upgrade my store form 10k to 100k if I have qualification of commerce at 10?

There is 6776 customers now and effiency is 79%.

tnx for your answers

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16.10.2009, 18:09

Last time edited : 16.10.2009, 18:12

Company 2.0

My commerce qualification is at 9 (11 with diploma effect) and I have 2 100k stores.

The revenue, expenses and taxes are much higher than 10k. Profit varies from about the same as 10k to 3-4 times more, depending on efficiency.

Efficiency varies between 30%-60% depending on staff and salary levels and advertising. I keep adjusting these once or twice a week to build up stock levels then sell it all off again. (Keeping staff numbers lower and adjusting salary is easier and cheaper than hiring and firing continuously).

If you upgrade a store in a region with few other stores it will be easier to keep efficiency higher.

My short answer is yes, I think it would be good to try. Worst case scenario is you lose some money and downgrade store back to 10k.

16.10.2009, 18:24

Last time edited : 16.10.2009, 18:26

VLTrader

Now I have 10 qualification in commerce as u and 8 stores 100k. 2 stores I've bought and 6 upgraded.
Store 100k need high reputation(300+, better - 400+) and big market volume.

When I upgraded store form 10k to 100k, for first 5 days I hadn't extra profit coz reputation was 200+.
When reputation passed 300, my turnover and profit increased in 3-5 times.
Now I've got one store with reputation 400+ and turnover of this store is 100+kk and profit - 30+kk.
Efficiency of my stores is 30-60%.

About ur store - now it's quite small for store 10k(big 10k store - 20+k costumers), so it will take u more than 5 days to make 100k store with good reputation. So if u have time and desire - start uprading! Good luck Well

16.10.2009, 20:10

tnx for answers ... i'll try it ;)

List of forums -> Questions and answers. Help.-> Store upgrading to 100k sq meters

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List of forums -> Questions and answers. Help. -> Store upgrading to 100k sq meters

List of forums -> Questions and answers. Help.-> Store upgrading to 100k sq meters