[sdiy] Small Bear Electronics retiring

cheater cheater cheater00social at gmail.com
Thu Sep 23 22:34:11 CEST 2021


The real value in the business is the cheap warehouse lease and the
returning customers. A new business wouldn't have either, unless it
really lucked out. The sourcing is likely an ongoing hassle.

On Thu, Sep 23, 2021 at 7:56 PM Peter Pearson via Synth-diy
<synth-diy at synth-diy.org> wrote:
>
> I fail to see how that would make selling his inventory easier.  What you're trying to say is "I want his list of sources".  Why don't you just ask?  If he's retiring, it might not make much difference to him now.
>
> Time spent emailing about, packaging, and shipping parts orders is time that you aren't spending breadboarding new circuits and doing your own synth diy.  If you make it your full-time job you'll probably stop doing diy entirely.  Think about it.
>
> Anyway, really sad to see Small Bear go.  I've ordered from them a bunch.  Hope they have a long, fulfilling, and happy retirement.
>
> On Thu, Sep 23, 2021 at 1:38 PM Brian Willoughby <brianw at audiobanshee.com> wrote:
>>
>> Small Bear Electronics plans to stay in business and sell off the inventory. I suppose that may be harder than he imagines. Sharing the sourcing list would be a lot easier than selling the entire inventory (adding another shipping cost).
>>
>> There's always ad-hoc, where the first person who needs a strange part does a bulk order from a distributor, then shares the remaining inventory on a list like Synth DIY (assuming they don't mind re-packaging and shipping after collecting from others).
>>
>> Brian Willoughby
>>
>>
>> On Sep 23, 2021, at 10:25, Peter Pearson <electrocontinuo at gmail.com> wrote:
>> > My personal $.02 is that the real savvy would be making enough money off such a venture that you can keep the business afloat and pay yourself and any employees a living wage at the same time.  Not easy.  As Dave Jones from the EEVblog likes to say, "inventory is the enemy of cash flow".
>> >
>> > Just guessing here but it's probably a few hundred grand worth of parts in total so the price of admission wouldn't be cheap either.
>> >
>> > On Thu, Sep 23, 2021 at 12:57 PM Brian Willoughby <brianw at audiobanshee.com> wrote:
>> >> It seems that the business model is:
>> >>
>> >> Buy in bulk, maintain inventory, display inventory on web site, take and fulfill orders, price items to maintain business overhead, ship to happy customers (while dealing with customer support).
>> >>
>> >> I assume that anyone willing to do all of that labor could start a similar business. It doesn't seem necessary for the replacement to be called "Small Bear Electronics" or hold any relation.
>> >>
>> >> Perhaps the one key piece of business savvy to pass on would be: Where to source all of the parts that Small Bear carries.
>> >>
>> >> Brian Willoughby
>> >>
>> >> On Sep 23, 2021, at 08:09, David G Dixon via Synth-diy <synth-diy at synth-diy.org> wrote:
>> >> > It would be ideal if there were someone that he could pass the business off
>> >> > to, rather than just shutting it down.  A succession plan, as it were.
>> >> >
>> >> > -----Original Message-----
>> >> > From: Ben Stuyts
>> >> > Sent: Wednesday, September 22, 2021 2:38 PM
>> >> >
>> >> > [CAUTION: Non-UBC Email]
>> >> >
>> >> > Just read this: Small Bear is retiring and shutting down the business.
>> >> > Selling down the inventory, so if you need something, be quick:
>> >> >
>> >> > https://smallbear-electronics.mybigcommerce.com/autumn-2021/
>> >> >
>> >> > I've only ordered a once or twice from them (other side of the pond), but
>> >> > they have a great assortment of parts.
>> >> >
>> >> > Ben
>> >
>>
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