Is my business the first to die because of the election?

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longdayjake

longdayjake

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I have been selling bullets for some time now and I even went the extra step to ligitimize my business through the state. I was doing fairly well until the election. Suddenly all of my bullets sold out in one day and my suppliers won't even return my emails or calls because they are waiting for prices to go up even more. So, here I am with bills to pay and no way to make any money because I can get no stock. Luckily I work a full time job somewhere else in the evenings, but what about others in my situation?
 
how is it obama's fault that greedy suppliers are trying to maximize profits until a republican returns to office?
 
how is it obama's fault that greedy suppliers are trying to maximize profits
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I have a pretty hard time blaming this on on Obama. What the heck did he do?

Have your suppliers told you that they are hording because prices are going up? It seems like they would have the same problem you do - they can't make any money w/o selling bullets.

Mike
 
Probably a symptom of the credit crisis. The suppliers can't get their stock because they can't get the credit to buy the stuff.

Also, you have a lot of panic buying by gunnies right now. Thus the 'suddenly'.
 
Sadly I didn't have much in stock because I couldn't afford to. When the buying craziness hit I sold $1000 worth of bullets in one morning. Now that I have a bunch of money to buy more bullets, the suppliers are either too busy to care about my measly $5,000 purchases or they just want to sell straight to the public rather than waste money on selling cheaper to the dealers. By-the-way, when I say I sell bullets I mean all I sell are the copper and lead projectiles. I don't sell fully loaded rounds. I don't know why but they have just stopped responding.
 
Jake, I'm a small business owner too. What you describe is not an election problem.

Very small businesses depend upon immediate sales activity alone to maintain cash flow and product flow. There is no backup inventory, nor alternate supply sources. This puts the smallest businesses on the edge of subsistence daily, even in a healthy economy. Unfortunately that does not constitute a strong business position, for when it suddenly becomes a seller's market (something you dreamed about for years!) you may be left with neither the stock nor supply stream to capitalize. Without stock or supply, you die instantly. That's not the fault of the economy, that's just business reality at the bottom of the pile. Better planning and better capitalization may be the superior strategy next time. And I truly hope there is a next time for you.

Now, if only you decided to sell AR magazines rather than those damn bullets...
 
I have a pretty hard time blaming this on on Obama. What the heck did he do?
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Got elected. :neener: Seriously, sales of firearm related items are brisk. I'm sure your suppliers are tied up with other possibly bigger orders. I'd keep pounding on them 'til they call you back. My $0.02
 
Look on the bright side: this panic buying has probably stimulated the firearms industry by a factor of 10. Hopefully it'll snowball into an invincible lobbyist group that will manage to keep any anti-gun legislation out of the pipes.
 
I was going to add Glock and other brands of magazines to my online store, but my distributors are either out of stock or the prices have gone up to the point where I can't make a profit.
 
Supply and Demand

Allow me this question:

Are the suppliers simply greedy and are waiting for the price to go up?

or -

Are the suppliers making and shipping bullets hand over fist and our friend Jake here is just down the list a ways?

Suppliers - like all other businesses - have to service their highest paying customers first. It's not a matter of being greedy, it's just how a business stays a profitable business. Add into that the factor of the price of lead and gilding metal is going up constantly these days.

Jake, I wish I could help you. I'm glad you have a 'day job'.

If it is President Elect Obama's fault at all, it is only because of the fear of his possible actions. That's a pretty far excuse to hang this on him. Not that I'm not passing certain as soon as he can, he'll start working on it.
 
If we didn't have the socialist Obama and his government I would suggest that you take the money you have and start making your own bullets. There is alot of people who want bullets now.

However the future won't be for anyone in business as the taxes are going to go up faster than gun prices have.

jj
 
i'd hafta say that this is the effect of supply & demand, regardless of whether it may be spurred by the election.
 
I was going to add Glock and other brands of magazines to my online store, but my distributors are either out of stock or the prices have gone up to the point where I can't make a profit.
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This is the biggest problem that I have run into. The cheaper suppliers are probably just too busy to worry about my little business because the big names are throwing more zeros at them.

If it is President Elect Obama's fault at all, it is only because of the fear of his possible actions. That's a pretty far excuse to hang this on him.
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Nowhere in my post do I try to blame my problems on Obama. I said that the election did it. The majority of Americans elected leaders that have been known to hurt the second amendment. This has caused a rush to the stores to buy anything gun related. That is why my bullets sold so fast. I just didn't have the supply that I needed to keep up. So, one might venture to say that my business woes are a result of the fear that was created by the left taking power.
 
of course it's obama's fault. and you know what? blaming him isn't a bad thing either. if enough people blame him for enough things then we can take back our country in 2012.
 
I've bought a bunch of bullets from a guy in Phoenix that bought 3 or 4 (can't remember) Magma bullet casting machines, and makes bullets at home as a sideline. They're great bullets for a really good price, I should probably get some more. I hope he's got a good supply of lead.
 
as much as i would like to, i cant find it obama's fault either. he hasnt even taken office. this is just paranoia sweeping through the ranks. once everyones "rainey day" money is gone, thing will get back to normal. of course by then, obabma will take office, and then things will get ugly. i cant blame you guys though. if i have $4-500 laying around, i would place a nice big reloading order, just in case. but, then what do we do, hoard the stuff? for how long? it doesnt make sense to quit shooting. how far will this paranoia go? i am the most paranoid person i know, so i am not critisizing anyone. but you have to draw a limit somewhere. unless you have VERY DEEP POCKETS.
 
Sounds like your business model is faulty. If your suppliers can go straight to your customers then you are an unnecessary middleman.
 
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