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Making a Living in Clay: A Practical Guide to Starting a Building a ...

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Salvag<strong>in</strong>g Assets<br />

Equipment and <strong>in</strong>ven<strong>to</strong>ry are the assets that are salvageable. Equipment <strong>in</strong>cludes: pug mill,<br />

kiln, and wheel. Inven<strong>to</strong>ry assets <strong>in</strong>clude: glaze materials and chemistry, scales and pottery.<br />

Risk Analysis<br />

As with any new bus<strong>in</strong>ess there is always risk. The largest risk <strong>in</strong> a bus<strong>in</strong>ess like this is sales<br />

projections prove wrong. There is always the possibility that no one likes the work or it falls out<br />

of fashion. These are very real risks. If the sales projections prove wrong La Loca Chica<br />

Pottery will need <strong>to</strong> cut back on operat<strong>in</strong>g expenses. We will analyze why the work is not<br />

sell<strong>in</strong>g and make adjustments. It is possible that La Loca Chica Pottery would make a priority<br />

shift from mak<strong>in</strong>g <strong>to</strong> teach<strong>in</strong>g.<br />

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