Just like with every other business, when you know what you want out of this adventure your next step is to create a business plan. Never be afraid to reevaluate and change the plan as you encounter real life experience as an auction buyer. But overall, if you largely stick to your plan and buy within your comfort zone you will likely end up in the green. It may sound corny, but many auction buyers report that the more buying experience they have the luckier they become at finding Storage Treasures. It only takes one really lucky unit.
It sounds like a lot of fun, and it can be, but that doesn't mean it's a cakewalk. Your consistency and hard work, most likely, will lead to success. The formula is straightforward. Consistent buying, consistent selling, and consistent cash flow results in consistent profit.
It is crucial to set a budget that you are comfortable with before you begin. What's even more important is that you stick to a budget. Decide how much of your money you wish to invest and do not exceed that amount no matter what. It may be a good idea to set a limit on how much you will be willing to pay for a unit even before you attend the auction.
Once you have set your limit, it is recommended that you only use cash. Do not start buying auctions on credit cards; this is a potential road to financial ruin. Finally, once you get started and you make a plan regarding how many auctions you wish to attend each week, and how much money you wish to spend, keep accurate records of all your transactions and thoroughly review your results each and every week. Analyze the results of your participation over extended periods of time. Not only will it improve your business skills but you'll enjoy reliving your successes.
PHOENIX, ARIZONA – August 2nd, 2016 – Today, OpenTech Alliance Inc., announced the rollout of a redesigned platform for the StorageTreasures website. The redesign enhances the user experience offering better support for the 7,500 plus storage facility clients who have made StorageTreasures their first choice for online and onsite storage auction services in the United States and Canada. The new site, which provides a more dynamic bidding experience for over 900,000 registered members, is showcased at www.StorageTreasures.com.