Office Supply Ink Toner Cartridge Business Opportunity. Can you become a Millionaire? Staples Inc SPLS, Office Depot ODP, Office Max OMX, Amazon AMZN, Best Buy BBY, and even Wal-Mart knows that if they don't hurry, they'll go bankrupt. The Inkjet and Laser Toner Cartridge Business, in the next few years, will create more millionaires than any other small business opportunity. If you're looking to Start A Home Based Small Business, NDITC is the place.
Every single person at Staples Inc SPLS has that odd feeling about the recent news. Staples Inc is in the office supply business but they're not doing very well concerning sales revenue and profits. It seems that Staples Inc SPLS has lost a great deal of respect in the markets because their stock market price keeps going down and down. It wasn't that long ago that Staples Inc SPLS was a whale of a company but now it's just another whale on the beach, blowing out and gasping for air.
Hello, my name is Joyce Dorothy Parker Ph.D. M.I.T. and my business is helping people understand and take advantage of small business opportunities. I have a great respect for money and the small business owner so I'm very pleased to meet you.
I know a great deal about Staples Inc SPLS so I've got some good advice for rich people and some other types of advice for people that want to start their own home based small business.
Rich people give me a lot of money to keep them rich and poorer people give me penny's and I teach them how to turn their loose change into piles of cash folding money.
I'm a consultant, in fact a Fortune 100 consultant so I do a lot of work and counseling for companies like Staples Inc SPLS on the way down. My opinion would be not to invest another thin dime into Staples Inc SPLS stock, or at least not now. Staples Inc is not a good investment and as the whale of a company it is truly beached and most likely won't make it. I don't think their friends in Washington D.C. will help bail out Staples Inc, vendors will in time demand cash for inventory and I also think if they survive their own doings the unions will be waiting at their doors for tens of thousands of due paying members.
I spend a lot of time waiting in lobbies for failing executives for our first meeting but then they tend to pick me up at the airport for our second gathering. I sit around and watch people in my favorite navy-blue outfit and make sure my black leather shoes are spotless mostly wondering why a client would leave an expert waiting. I've been told that I carry myself like I made a killing in the stock market but to be honest I don't keep a lot of cash in stocks, not these days.
My blogging is really a public service and it helps me gather clients and help others. Ideally and usually you and I could meet at a coffee shop and kick the tires about Staples Inc SPLS but to be honest, don't bother, the tires are already flat.
Just imagine me in a navy-blue outfit, a leather briefcase and a few manila folders spread out across your office desk or your kitchen table. No matter where we may meet it's about the same meeting. Most executives tell me everything is fine and who's in charge of what departments and that takes about thirty minutes or so. After giving very little reaction I open up my confidential analyses of their company and tell them everything is not fine and the meek don't inherent anything except bad news and debt. Now depending how they react to my well thought out comments I become a minister or a physician.
I must admit, I do have a couple of nick names, but no matter, you can pray about your future or get down to business and fix all the problems.
At times, most executives act like old ladies who have inherited power, influence and great salaries but they spend too much time with bankers, vendors and their stock brokers. You see, most executives work long hours but, get very little done. I would say that the typical executive spends 50% of their time on their personal and professional positioning, meaning, making sure their image and future is secure.
Every business makes thousands of decisions every day but only a hand full are important. Executives should spend their time knowing customers and associates but they do have piles of worthless paperwork to get through so they tend to fuss about nothing most of the time.
Years ago I spent most of a night with a C.E.O. who wanted to talk about light bulbs and the Civil War but not about his business.
You see, most C.E.O.'s are living their dream, running their own candy store but they are not really the friends of the business. They talk business but spend too much time on personal matters, girlfriends and their own stock portfolios. You cannot have a hungry delivery boy run your candy store.
Experts may suggest but my way is to tell other people what to do because it's much faster, a lot cheaper and in the long run it's a lot simpler on the employees, vendors, customers, investors and executives and managers. I will be glad to sit around at $1,300 a day plus expenses to chat but I rather check out the operating statements and the P-L and watch your operations.
I have an unsavory habit of sizing up a man's house or his company and estimating the rest until all the facts are put on the table. I can say, my opinion, Staples Inc SPLS executives don't deserve their salaries let alone the bonuses they cooked up. I've looked over the turn-around plan for Staples Inc SPLS and if you're an investor, watch the trends and dump the stock as soon as you can. These guys shave every day, put on their so-called polo Staples red shirts and then do the wrong thing. They're selling the idea that the market caught them off guard, that internet online e-commerce thing secret got them and their small business customers don't buy as much. Really?
People in my business, consulting, have proven their worth working for or on behalf of big and really big organizations and have a lot to offer. I have nothing against executives that want a bonus but I do have something to say to executives that are in the process of destroying Staples Inc and blaming other people, places and things. Executives are in charge of people, places and things so looking at their sales and profits an honest person must conclude that they were asleep at the switch and they got run over by the train of change.
Staples Inc SPLS is not in moderate circumstances they are about to lose the entire company, killing off good customers, disappointing vendors and costing thousands of people their jobs for being stupid.
The crucial facts are that their business model was written at the turn of the 18th century and putting computers inside of an old and worn out business plan makes slow seem faster. Staples Inc SPLS sat around and let Amazon build an empire on the internet while they dusted the shelves in their stores.
They also tried to adjust to the 2007-2008 economic surprise by laying off good people and hiring thousands of part-time, maybe legal associates and save money. Sales kept going down and they kept reducing labor but that was about it. They spent millions on orange KIVA robotics to boost their productivity but they turned around and Amazon bought KIVA.
Their North American competitors give them some wiggle room and excuses like the Office Depot and Office Max merger that combined are trying to solve the same problems. Staples Inc SPLS will close 200 to 300 stores and Office Depot (combined) will close another 400 or so stores, trying to adjust to the new consumer world. Best Buy is going to shut down about 50 stores and don't be surprised that Sears just goes away.
Amazon is a growing monster and Wal-Mart, that $500 billion dollar annual sales giant can eat them alive, if they ever smell the blood.
So, when you hang the picture of Staples Inc SPLS on the wall it just won't hang straight. You can estimate when they will fail but in my opinion their pathetic problems continue. Now they want to be Amazon and brag about being the number two online retailer. There is such a major gap between number one Amazon and number two Staples Inc SPLS it's not a fair comparison. Staples Inc SPLS operates out of a one car garage when compared to Amazon and Wal-Mart.
Take your money off the big red circle on the roulette table because the odds are against you.
Now, what happens?
What happens when you close a Staples Inc SPLS retail store.
Customers are sore when they drive to their Staples Inc SPLS retail store and the sign says closed. People don't drive to a store to see if it's going to stay open they drive there to buy something. The sign might say, please, go over to the main street store we love you or go online because we can ship stuff to your office or home.
The furniture store that was there before Staples Inc SPLS put up a closed sign and now Staples Inc SPLS is moving out and the sign says closed. People remember the furniture store and they will remember Staples Inc SPLS but they're not going to chase retailers to give them money.
Staples Inc SPLS made the same mistake the bankrupt furniture store made. They sold tables and underwear.
Staples Inc SPLS plans on selling everything you would ever want or need inside a business, everything. The furniture store tried the same thing and a skinny looking woman would come in wanting to buy a slip cover for her old chair and they tried to sell her socks. If Staples Inc SPLS did not have ink and toner cartridge sales they would be selling imported Chinese socks on the street corner.
Now a bright chap that I met several years ago started a business NDITC because he saw the writing on the wall concerning Staples Inc SPLS, Office Depot ODP, and Office Max OMX and other office supply retailers. They're going to lose the customers due to prices, services and the internet.
Well, he was right, and he felt that is was entirely possible to create a private chain of retailers, with or without retail stores that could capture every Staples Inc SPLS, Office Depot ODP and Office Max OMX inkjet and toner cartridge customer.
Well, he was right again.
He is a family man and is also a consultant so I can tell you I only associate and share ideas like this with close friends that I trust. He's not a show-off he's just very good at supply chain functions and operational management. He knows all about the inkjet and toner cartridge factories, how to buy them at the factory direct wholesale price and in other words, make a lot of money.
When we met, he gave me his classic smile and simply told me how his North American organization NDITC would work. I put down my sewing, so to speak, and started listening to the best small business plan I've heard in years, and that was years ago.
Proudly he placed three hundred and fifty dollars worth of HP Hewlett Packard name branded laser toner cartridges on his desk and stated he could buy all three of them for $54.00. I said something, tentatively, like, really?
He had called me before our meeting and asked me what type of ink or toner did my office use. I gave him the cartridge numbers and now they sat in front of me for penny's on the dollar.
"Three hundred and fifty dollars" he said proudly. "I give them to you for free and I want you to start using them tomorrow."
"If you like them send me fifty bucks if you don't like them toss them in the trash." and I shrugged thanks but it kind of felt like I was following him into a hotel bedroom.
He sat on the edge of his desk and slid open a folder and pulled out an envelope that contained the factory direct invoice, proving the wholesale price. I knew I could buy groceries for a month for $350 so I said something very clever "are we going to bed now?" and he gave me his smile but said "no, where going to have coffee."
I told him I didn't drink coffee this late but we could have some dinner and I would buy.
My chair springs creaked when I got up and my steps were a little reluctant as we walked to his office door.
I told him "I know about Staples Inc SPLS." "So I guess I could help him about his business." So I gave the poor guy some professional talk about doing some consulting work for him.
"Well?" was my next word.
He said "I have lawyers who handle contracts and lawyers who handle my estate and a wife that handles me." He looked at me hard but with his smile "You do know that Staples Inc SPLS is going bankrupt, ever so slowly?"
I said "they've gone up some recently."
He said "how much?" His expression didn't change but his question felt like a chilly wind in the winter.
He opened his office door and we walked out into the hallway "Staples Inc SPLS is ripe for the picking "Dorothy" but not a lot of people know it."
He looked down the hall but didn't move "If I offered everybody a free steak dinner do you think they would come?"
I looked down the same empty hall "maybe?"
"May I call you Greg?" which I felt like I almost yelled because the hallway was empty even though I whispered.
Greg looked at me and smiled "are you really buying dinner?"
" You can call me Greg."
I can tell you now that Greg never hired me but we did have dinner that night. He had owned more than one business before so he wasn't new at the game but he knew that people wanted to eat steak and not tuna and cheese. He's an interesting man that has earned a small fortune working with super sized organizations and had a lot of new suits.
He went ahead and started NDITC New Deal Ink and Toner Company and quickly operated his first ten retail stores. The story gets real interesting because at the same time Staples Inc SPLS was shrinking and his NDITC was opening stores and creating revenue and profits. In the same market at the same time the exact opposites were taking place. One giant ink and toner retailer was shrinking and dwindling as a new idea called NDITC was expanding.
We kept in touch because he was interesting and became a friend in business. God knows that consultants need friends and friends need consultants. Determinedly he kept expanding his business, buying factory direct wholesale cartridges and retailing them inside his ten shared retail stores in Pennsylvania.
He never paid rent or the electric bill. To this day he's never bought a cash register and he pays no salaries for store clerks, inventory clerks and he doesn't have to worry about inventory insurance. One disturbing thing happened to him and his business one day, and it turned out to be the golden goose.
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Many American families are in bad shape due to the economic policies of government, big business and even foreign nations.
We recently found out that meat will be very expensive but clothing at Wal-Mart will remain cheap. The cost of electricity will skyrocket and it could cost you, in some parts of America, 80% more to light up the night inside your home, run your washing machine or cook your food with an electric stove. Most people don't even want to talk about the cost of gasoline and millions of people are on food stamps, trying to survive.
A typical middle-class family in America has lost a great deal since 2007 and these reduced economic conditions has changed the way they shop and spend their money. Millions of people are unemployed and trying their best to survive on unemployment compensation and their cash savings.
Time is running out of benefits and savings are almost gone.
If you consider these same conditions and forces at work inside small, medium and large companies you will understand why America's report card is so bad. If we had to guess I would say that over 90% of everything you purchase at Wal-Mart was made with foreign hands, most likely in China. The Apple I-Phone was sold by the tens of millions and created at least two million jobs and not one of them inside the borders of America.
These are the things that Greg thought about as he designed and implemented his business planning. How could he help the guy down the street of the gal across town start their own home based small business to claim their own prosperity.
In general, middle-class, hard-working families were going through hell trying their best to earn an honest living, put food on the table, educate their children and maybe buy some tires for their car, determinedly they looked for solutions because their small hourly wages or their mid-range salary just wasn't enough to pay the bills and save for the future.
Major companies, like Sears, Best Buy, Wal-Mart, Target, Staples Inc SPLS, Office Depot ODP and Office Max OMX are all having their bookkeepers tell them that "things are really bad."
People, by the millions, walked into their local Best Buy store and took a look at that brand new flat panel 52 inch television but didn't buy it from Best Buy. They went home and got online and bought it from Amazon AMZN for less money and maybe free delivery. Best Buy became a show room and not a retailer and it just about put them out of business. The entire organization of Best Buy shuttered and almost went down, closing over 50 stores, making their stores smaller, getting people to buy their products is a major task they may not win.
The technology of the internet has changed the world and it's even changed by consulting business but it also allowed people like Greg to open and expand NDITC and outsell Staples Inc SPLS, Office Depot ODP, Office Max OMX, Best Buy BBY, and even Target and Wal-Mart could not compete on the prices offered by NDITC New Deal Ink and Toner Company.
It's a simple proposition; if you could buy a fresh apple for a dime why would you pay a quarter?
The buyers or consumers, people just like you, took advantage of the buying opportunities. They started to buy that fresh apple for a dime and the companies that sold apples for a quarter felt immediate sales drops and financial troubles.
When you look at the real life supply chain and discover how the world of factory manufacturing - transportation - distribution - fulfillment - order management, both wholesale and retail really work and then mix it with modern technology many of the top branded retailers are being forced to change everything or they will go bankrupt.
When customers go online and you're not there you're not going to get the business and those revenue dollars. It doesn't mean that your main street store will close and go away but it does mean that the old fashioned main street $0.25 cent apple store will go away. These are pretty disturbing facts for major retailers because they have thousands of stores, they might own the property, hold long term leases, forced to write big checks to break leases and agreements, thousands of employees that they cannot afford and the list goes on and on.
All you have to do is watch the income levels of major retailers and you can quickly see that the business of wholesale-retail has changed forever. If you don't change you will go extinct.