I had an interesting chat with Jim that day. I went to the store and he
had marked about twenty items on his stock book, which he said was a
perpetual inventory. He passed the book over to me, and said, "I've
marked a couple of dozen items which you can look over. I've picked out
some of the things that run into a lot of money, because those are the
things you are most careful about, aren't they?--and I didn't think
you'd want to waste your time over a lot of trivial things."
I checked those up with him and in one case I found there was even more
stock than Jim said. I laughed and said, "I got you there, Jim! This
wonderful perpetual inventory isn't perfect, after all!"
"Well, of course," he replied, "there might be a fraction of a
difference here and there, but in the main it's bound to be correct." He
continued, with a bit of a grin, "If you're a little short in one thing,
you'll find a little bit over on another; and anyhow, you've got your
fixtures for half of what they're worth, to allow for any little
discrepancy that may crop up."
He showed me how the cash register worked and how to total up the week's
sales. I saw the previous week's figures were $311.28. I wondered at
that, and said:
"Why, Jim, if you sell $28,000.00 worth a year, you should have about
$560.00 worth of sales a week!"
"Oh," he replied, "don't you know this is the quiet time for kitchen
goods? You've got to expect some quiet time, you know. In one respect
it's a good time for you to take the store over, for you'll have time
enough to get yourself fully familiar with the store."
"You know, Dawson," he went on, "if you were to take over this store
about September or October, when you're simply rushed to death with
business, it might easily put you on your back. You might lose a
tremendous lot of business just because it came too quick for you to
handle, whereas, buying the store when the business is quiet will give
you a chance to learn how to handle it."
I decided that, as soon as possible, I would go over my stock carefully
and rearrange it and if I should happen to find any dead stock I'd have
a sale and clean it out and buy a lot of new stock; and, believe me, I'd
give old Barlow the biggest run for his money he ever had!
CHAPTER III
MY FIRST DAY
I used to think that old Barlow had an easy time as boss of my former
store, but the first day, there seemed to be so many things to do, so
many things to decide, that my head was in a whirl.
I intended to begin a thorough stock-taking, but hadn't a chance to
touch it--so many things cropped up.
I had a row with one of the help, a fellow named Larsen. Larsen had been
at the store for over thirty years. He was there before Jim Simpson got
it and he was with two of the proprietors before that. He told me he
wanted his last two weeks' pay. When I asked him what he meant, he said
that Jim had told him to ask me for it, as he had arranged with me to
pay it.
Public-domain text, read in full here on John Shaqi.
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