Furniture Shops for sale in South Africa

Determine whether finance is provided directly or through a third party. Verify National Credit Regulator registration where applicable, affordability and disclosure procedures, arrears, complaints and whether lender or credit-provider appointments continue after ownership changes.

Reconcile every deposit, lay-by, gift card and undelivered order to accounting records and supplier commitments. Agree who funds procurement, delivery, cancellation or refunds, and deduct unearned customer balances from the value transferred at completion.

Separate new, second-hand, customer-owned and consignment goods. Where the business deals in regulated used goods, verify SAPS registration and acquisition records, then confirm title, seller identification and the registration needed after purchase.

Review complaints, repairs, replacements and refunds by supplier and product line. Compare customer promises with supplier recovery, and identify imported or private-label goods where defects, missing parts or Consumer Protection Act remedies become your direct cost.

Count by SKU, location, condition and ownership, including floor samples, warehouse stock, goods in transit and customer allocations. Discount damaged, incomplete, discontinued, slow-moving or customised pieces using recent net selling prices rather than ticket prices.

Measure margin after freight, storage, delivery, assembly, commissions, finance fees, returns and warranty work. Reconcile orders to invoices and deposits, then include market costs for owner management, vehicles, breakages and inventory funding.