Ask Me Anything About Ebay

[cantbeatluck]

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My company which features myself, my wife, and one part time shipper generates around 120k a month profit after wages, expense, ebay fees etc...we pay the shipper 8 bucks an hour and wife and I take 1,000-3500 a week depending on what we need etc.

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If you're making 120k profit a month:
1. Why dont you take bigger salaries from the company, i.e. what type of working capital do you need to re-invest?
2. Why dont you hire more people?

3. How is what you do different than the "I sold it on EBAY" stores?

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The state I live in is such that I have a 7500 sq foot house and its paid for, it was under 500k. I drive a nice car as does the wife and we have every toy we want etc. I dont take a bigger salary as I dont really need it, and being a LLC I can take a big check at the end of every year without the tax worries of a S.P. As far as why not hire more, were trying weve been through 8 people and none worked out. And what I do is 75% the same as I sold it except that I personally am there for every customer, I personally sell every item for them, I am not a franchise, and our customer service is 10x what theirs is. I sold it can take 5 months to pay you, I pay checks that I personally write every 2 weeks. I also look up and do research for any item I do not know a lot about. The research end something they never do, can be difference if 100s if not 1000s of dollars. I have 9+ years experience selling, most of the franchise stores have only been open 2 years or less and employ 16 year old listers...were the same yet very different.