I’ve decided to turn some of my old stock into cash. I found a shopping centre that had a vacancy before Christmas in their centre court.

So for the next seven days I’ll be liquidating ceramic pots at Royal Randwick Shopping Centre. Drop by and say hi and share a capuccino.

Interestingly I am quite scared about the financial outcome of this exercise. If I had to buy product; staff the stand; pay rent, insurance and other overheads my breakeven analysis is sky-high. Once I’ve taken the product cost out of the equation it looks quite reasonable.

Hardly a sustainable business model. But with $1.2Million of stock at cost in my warehouse I have to turn a great chunk of it into cash quickly. So if it moves at a better rate than the vultures pay for it, then it may be a smart idea after all.

I’ll keep you posted.