Summary for my small business

 Whether the business I did is good or not that good, I just like to exhibit my result to everyone.

 At first, I am glad that I did earn some money form this business, but not so much. The net profits are around $120. The total income is about two hundred plus below three hundreds。Except the rent fee, cost of goods, decoration fee and the cost of our lunch，in the end, we just get about $50 net profit each person. I don't think I am success, because I did not planning properly and control of risk potentially.

Actually, in the beginning I totally have no idea about the business will success or fail. However, I believe it will be a good experience in my life.

 I sell many sort of goods, like clothes, fans, bookmark, drink and accouterment which from Tibet,

That will bring a little bit confusion, this is not my wishes, but I just have two days to prepare everything, rush is unavoidable.

But I am very clearly about one thing:  I need choose the most profitable products to sell. After this idea I think unify the all the products are not so important. So I choose drinks and clothes to be my cash cow. These products will bring high profit; I know definitely these products will not sell all of them, that is what I do not need, just some of them sol out will cover all the cost. However, in the purpose of attractive people’s eyesight, I did choose some little but cute stuffs, like bookmark, schedule books those things looks nice. That is a good way to attractive the people pass by.

As for the part of clothes sell, the strategy I use is choose those high standards to be marked by a high price, the left are all below 10 dollars. This will give the buyer a chance to compare and I earn more actually.

 All those strategies I used all worked. At the same time, I also unerstan there are some obviously weakness I had during this time, I will improve it next time.