The day-to-day side of dealing: inventory, invoices, tools and the habits that keep a small dealer business organised. Useful whether you trade one watch a month or several a week.
What 'on memo' means in the watch trade, how memo deals between dealers work, typical terms, the risks for the dealer who lends, and how to protect yourself.
Your inventory is your brand. Why the watches you stock shape the clients you attract, and how independents and rare pieces bring in serious collectors.
How to choose watch dealer software, from a dealer who built one: what good looks like, the questions to ask (with answers), red flags and real pricing.
What to include on a watch dealer invoice: business and buyer details, the watch, serial, set, condition, disclosures, price, shipping, tax and payment terms.
The tools every watch dealer needs: loupe, timegrapher, scale, safe, photo setup and shipping supplies, plus the software side of running the business.
How watch dealers manage inventory: what to record for every watch, tracking cost, margin and stock age, spreadsheets vs software, and reports to review.
· 4 min read
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