My Retail Furniture Business Closed - Now What?

U.S. Retail Furniture Dealers and home goods retailers have been hurt by several things in the past few years. Small business owners in retail furniture and home furnishings have been forced out of business

At first it was competition from big box stores like Target and specialty super-chains like Restoration Hardware and Z Gallery. Cheap imported knock-offs of American and European designed furniture appeared everywhere, at prices designed to eliminate the competition.

Then the slowdown in housing and the end of home refinancing took its toll. If you've been in the furniture business a while, as I have, you know that people simply stopped spending a while ago, before reports of a "possible recession" began to surface.

Smaller boutique and specialty furniture stores began closing, and they were followed by huge furniture chains including Wickes, which closed its 38 stores nationwide.

Have you been affected by any of the above? I was. It changed my life.

For 17 years I owned a small group of retail furniture specialty stores in Chicago and Southwest Michigan. I sold exotic furniture from all over the world, unusual home furnishings and art. The retail stores were like mini-museums with price tags, and we had a great following.

However, my best selling furniture designs started showing up in some of the big stores mentioned above. Not exactly the same furniture, and definitely not the same quality, but to undiscerning customers, the "look" was apparently close enough. And the competition forced me to sell many formerly profitable items a loss.

I had to be on the lookout for new furniture suppliers to find items to replace the furniture designs which had been ripped-off.

Then it happened. It seems that most of my furniture sales had been to either buyers of new homes or refinancers of old ones. It was the start of the decline in the housing market. My warehouse was full of furniture. It was enough to last two to three months, given the turnover in my furniture stores.

I wasn't prepared for what happened. That inventory lasted almost three years!

The end of my furniture businesses was in sight, but I struggled to stay afloat. When employees left, I didn't replace them. I became a slave to my stores, which were open seven days a week.

I cut back every expense I could. But the rents still went up every year. Eventually I decided to close each store as the leases were up for renewal. My landlords all wanted five to ten year commitments, with escalation clauses. That firmed the decision.

So, I was left with no stores and no source of income. Not a pretty scenario.

I started looking for what would be the next venture. It had to be something with no inventory, rent, overhead or employees. A friend had introduced me to a network marketing company a few years earlier, but that opportunity was simply too slow-growth for what I wanted. My goal was to find something which could replace the six-figure income I was getting from my furniture stores, and do it quickly!

After months of research, I finally found what I was looking for. Top Tier Direct Sales. I found a company which specialized in selling high-end products on the internet, and signed on.

I learned internet marketing from the company's excellent trainers, and was set up in my new business in a few weeks. Sales started rolling in the next month. Now I work from home, or from the beach in Cancun, or from my i-phone. I love the internet and top tier sales. They gave me the freedom and money I was looking for.

If you are a small business owner, consider what your business was like a few years ago. Have you experienced some of the same pressures as I did? Will things be better next month? How about next year?

You owe it to yourself to take a look at the solution I found. Go to my website right now.
Take a look. This is serious.

A Variety of Business Office Furniture

Regardless of the type of business you are in, you probably have an office, even if it is at home, and one thing that all business offices have in common is a variety of business office furniture. Let's take a look at the different types of office furniture that you may need for your business, regardless if you are setting up a new office, remodeling or updating an old one or expanding your current situation.

Something that all offices need is a work surface, and this usually takes the form of a desk. Desks alone come in a large selection of styles, designs and materials. There are large, executive desks, small computer desks, and corner desks that are great in forming cubbies for offices with many employees. Many desks today are made of pressed board or particle board, though you can still find quality, solid wood desks. The large, heavy, metal desks that used to be found in all government offices are mostly a thing of the past, but other versions of metal desks can be found, sometimes with glass surfaces. An unusual style of desk that is gaining in popularity though far from mainstream are standing desks. Though these take a while to get used to, they are said to be great for posture and greater work productivity.

Besides a desk, another piece of business office furniture is the hutch. This piece is usually placed on top of the desk to increase your vertical work space. They normally have a variety of shelves, cubbies and small cupboards.

Most offices have the need of shelves, and I would say that this is a very popular piece of business office furniture. You can get shelves in a variety of sizes and materials to fit any office space or decor.

Large cupboards are great in any office for storing needed items that you want to keep out of sight. When I think cupboards, I usually think storage for office supplies.

File cabinets are a must have piece of business office furniture that anyone could use. Owning a business, you know that there are important documents and files that must be kept for important reference, tax purposes and the daily functioning of your business. Though files can be stored in file drawers that are included in a desk, usually more space is needed so your options are two or four drawer cabinets, usually made of metal or wood products.

Unless you have a standing desk, one piece of business office furniture that everyone needs is a chair. Office chairs come in a wide price range, a variety of sizes and a wide range of materials.

A conference table is a piece of furniture that is only used in larger offices. It is kind of fun when you reach the growth stage that you need one of these. You can get them in a variety of sizes, shapes and material, so pick one that suits the ambiance that you are trying to create in your office. Other pieces of business office furniture that are only used in larger offices include special reception desks, seating for a waiting room (couches, chairs, small tables), and furniture for a break room.