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<p>[QUOTE=&quot;10gary22, post: 1481432, member: 23626&quot;]Man, I think the very first thing you need to consider is the personal risk factor involved in opening a small cash business. If you are large enough, you can afford a good security force. But when you are small, it&#039;s not economically feasible. Now I don;t care how bad or tough you consider yourself to be, you are at a great risk when handling liquid items like cash and gold. People are hurt or killed by people who want those things all the time. You are probably riskier than a liquor or convenience store because it will be assumed you have a large amount of cash on hand.</p><p><br /></p><p>I do know that instead of B&amp;M stores, there are some dealers who follow the coin and jewelry show circuit in my area. I asked one gentleman how he dealt with the gold fluctuation. He told me he keeps a constant standing inventory. If he sells 5 ounces, he immediately buys 5 ounces from another dealer, just making a little bit on the transaction. Of course, if he can get walk up sellers, he will buy, because all those guys come in low enough for instant profit on those transactions. Honestly, it seems the guys that I know who are doing it are all retired and use this as a second income. Although brokers seem to have a lot of money, it seems to be tied up in inventory.</p><p><br /></p><p>Just sayin&#039;</p><p><br /></p><p>Good luck with it, for sure !</p><p><br /></p><p>Gary[/QUOTE]</p><p><br /></p>

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