Checklist for Starting a Building Material Business: Essential Ingredients for Success
If you are thinking about going into business, it is imperative that you watch this video first! it will take you by the hand and walk you through each and every phase of starting a business. It features all the essential aspects you must consider BEFORE you start a Building Material business. This will allow you to predict problems before they happen and keep you from losing your shirt on dog business ideas. Ignore it at your own peril!
For more insightful videos visit our Small Business and Management Skills YouTube Chanel.
A Step by Step
Guide to Starting a Small Business
This is a
practical manual in a PDF format, that will walk you step by step through all the
essential phases of starting your Building Material business. The book is packed with
guides, worksheets and checklists. These strategies are
absolutely crucial to your business' success yet are simple and
easy to apply.
Copy the following link to your browser and save the file to your PC:
https://www.bizmove.com/free-pdf-download/how-to-start-a-business.pdf
-- Be persistent
and follow up.
-- When you were
away and some of your people did an exceptional job, call them
at home in the evening when you find out and personally thank
them for what they did instead of waiting until the next time
you see them.
-- If you know
that a person will respond angrily to a particular comment,
avoid bringing it up. It is nonproductive and bad for the
relationship. In other words, "never kick a skunk."
-- When you
appreciate what someone has done, let them know and put it in
writing. This can then be added to their personnel file.
-- Have an
opinion survey done to determine how people view the
organization. That way you can catch any problems while they are
still small.
-- Encourage
periods of uninterrupted activity such as a daily quiet hour in
your department or work group.
-- When asking
someone to do something, let them know what is in it for them
and the organization. Do not focus just on what is in it for the
organization and yourself.
-- The boss is
the strongest model the employees have. Be a positive model as
people are watching to see how you behave. They will reflect
this in their own behavior. Lead by example.
-- Be a member of
the 4 F club with others. Be seen as Fair, Firm, Friendly and
having Foresight.
-- Do not help
others unless they need and ask for help.
-- Encourage your
people to come up with new ideas and ways to do things. Give
them credit and recognition for the idea.
-- If a new idea
won't work, at least praise the effort of the person so they
will come up with future ideas.
-- Once a month
meet with each staff member to catch any problems or concerns
the person may have as soon as possible before they become a
crisis.
-- Be the kind of
a person that others want to help out and work for.
-- Be flexible
and do whatever it takes to get the job done. Remember it is
results that count, not activities.
-- Generally
speaking, getting something done perfectly is usually not as
important as getting it done. Perfection has a high cost and it
may not be worth it.
-- When giving or
receiving information, don't hurry. Take the time needed to
truly understand. It prevents future problems and
misunderstandings.
-- Whenever you
are having an important discussion with a person, before
parting, set a specific follow-up date and time and write it in
your calendar.
-- Never
criticize an employee in front of others. Have all discussions
of a corrective nature in private.
-- Hire people
with specific skills and interests that match what the
organization needs to have accomplished. The better the match,
the better the productivity and the more motivated the person.
-- Treat people
as people-not things.
-- Flaring in
anger will drive others away. If not physically at least
mentally,
-- Keep a "warm
fuzzy" file for each person a place to keep track of the things
you have already complimented them for, and want to compliment
them for.
-- Have regular
performance review and goal setting sessions with each of your
employees at least every three months.
-- Have regular
"development discussions" with each of your people in which you
discuss only how the individual may grow personally and how you
and the organization may be able to support them in doing this.
-- Low morale in
workers may be an indication of the boss only talking about
negative things or what's wrong. Be sure to balance negative
comments with more frequent positive comments.
-- Let your
people know you are there to help them not to harass them.
-- Telling people
what you plan to do, and when, can be a catalyst for getting
objections and input which you might not otherwise receive.
-- Form an action
team to address people's problems right away rather than letting
things drag out and perhaps get worse.
-- Instead of
saying to another, "What can I do for you?" ask them "What can
you do for me on this project?"
-- Do not hold
back from discussing the need to improve performance with one of
your people.
-- Encourage
others to develop their plan of action and give you a detailed
explanation.
-- Encourage
individuals to compete against themselves to achieve more. Let
it be a personal challenge to become better as an individual-not
competing with others but self.
-- Check the
ratio of positive comments to negative comments that you make to
your people. Purposely make more positive comments.
-- Demand
accountability.
-- Do things for
others. They will be more willing to do things for you.
-- Consider using
time off as a reward for getting things done ahead of time.
-- Set up an
orientation training program for all new employees. It will help
them learn their way around as well as teach them where things
are kept and why.
-- Stay informed
of subordinates' needs and interests. Projects can be more
effectively designed and rotated when you are well informed.
-- If individuals
needs some encouragement in taking action, ask them, "What
if..." questions to help them see what choices of action are
available.
-- Let people
know that you know they can do it.
-- Ask questions
creatively so the action to be taken is suggested by the person
who is to take it.
-- Set up
incentives that reward desired performance.
-- Ask others for
their estimate of how long it will take to do a project. When
possible, agree and hold them accountable for that goal.
-- Take on
someone else's routine so they can do what you need done without
interruption.
-- Just as with
family members, break large chores up into small, fun activities
and enjoy doing them with team members.
-- Before an
employee leaves on vacation agree on a "must do" list of
activities to be completed.
Once you have decided what Kind of business
you want to Begin and The investment requirements, you are ready
to select a location.
The number of competitive companies
already in the region should affect your choice of location.
Many areas are overloaded with
service stations or particular
forms of restaurants. Check on the number of your type of
business in Census figures, the yellow
pages, or by checking
out the location.
Factors other than the Possible
market, availability of Workers And number of competitive
companies have to be considered in
selecting a location. For
instance, how adequate are utilities - sewer, water, power, gas?
Parking facilities? Police and fire
protection? What about
home and environmental things like schools, cultural and
community activities for workers? What's the
normal price of
this location in taxes and rents? Check on zoning regulations.
Assess the business of the local business-people,
the
aggressiveness of civic organizations. In short, what is the
city soul? Such factors should provide you a clue into the city
or city's future.
Chambers of Commerce and nearby
universities usually have created or Are familiar with local
polls that may provide answers to
those questions and the
many other questions that will occur to you.
Next you
must decide in what part of town to locate. If the city is Very
small and you're establishing service or retail business,
there will probably be little choice. Just one shopping area
exists. Cities have outlying shopping centers along with the
central
shopping area, and stores spring up along main
thoroughfares and neighborhood streets.
Consider the
shopping center. It is different from other locations. The
shopping centre construction is pre-planned as a
merchandising unit. The site was deliberately selected by a
programmer. On-site parking is a common feature. Clients may
drive in,
park and do their buying in relative safety and
speed. Some centers offer weather protection. Such conveniences
make the shopping
centre a valuable site.
Additionally, there are some limitations you ought to know
about. As a renter, You become part of a retailer team and has
to cover
your pro rata share of their budget. You have to
keep store hourslight your windows, and set your signs according
to established
rules. Many communities have restrictions on
signs and the center management may have further limitations.
What's more, if you are
considering a shopping centre for
your first store you may have an additional issue. Developers
and owners of shopping facilities
look for successful
retailers.
The kind and Wide Range of merchandise that
you take helps determine the Kind of purchasing area you select.
By way of instance,
clothing stores, jewelry shops and
department stores are more likely to be prosperous in shopping
districts. On the flip side,
grocery stores, drug stores,
filling stations, and bakeries do better on main thoroughfares
and neighborhood streets outside the
shopping districts. Some
kinds of shops customarily pay a very low rent per square foot,
while others pay a high rent. In the"low"
category are
furniture, grocery stores and hardware stores. In the"high" are
cigar, medication, women's furnishings, and
department
stores. There is not any hard and fast rule, however it's
helpful to see in which kind of area a shop like yours often
appears to flourish.
After determining an area ideal for
your type of business, Obtain as many details as possible about
it. Examine the competition.
How many similar businesses are
located nearby? What does their sales volume appear to be? If
you are establishing a store or
service trade, how far is it
that people come to trade in the region? Are the traffic
patterns favorable? If most of your clients
will probably be
local populations, research the population trends of the region.
Is population increasing, stationary or
decreasing? Are the
people native-born, blended or mostly foreign? Are fresh
cultural groups coming in? Are they predominantly
laborers,
clerks, executives or retired persons? Are they all ages or
principally retired, middle aged, or young? Judge purchasing
power by assessing average home rental, typical real estate
taxation, number of telephones, number of cars and, even if the
amount
can be obtained, per capita income. Bigger shopping
facilities have this type of information available, and will
make it
accessible to serious potential tenants.
Zoning ordinances, parking availability, transportation
facilities And natural barriers - such as bridges and hills -
are all
important factors in locating any sorts of company.
Potential sources for this info are Chambers of Commerce, trade
associations,
property companies, local newspapers, banks,
city officials, neighborhood merchants and private monitoring.
If the Bureau of the
Census has developed census tract data
to the particular area in which you're interested you will find
this especially helpful. A
census tract is a small,
permanently recognized, geographical area within a big city and
its environs. The Census Bureau provides
population and
housing characteristics for every tumor. This information can be
valuable in measuring your marketplace or service
possible.
Deciding upon the actual site in a area may well be
taking what you May get. Not too many buildings or plants will
be suitable and
at precisely the same time, available. If you
do have a choice, be sure to consider the possibilities
carefully.
For a production plant, consider the
condition and suitability Of the construction, transportation,
parking facilities, and the
type of lease. For A store or
service establishment, check out the nearest competition,
traffic Leak, parking facilities, road
location, physical
facets of the building, Type of rental and cost, and the speed,
price and quality of transportation. Also
Investigate the
history of the website. Find answers to these questions as: Has
the Building remained empty for any amount of
time? Why? Have
various types of Stores occupied it for short periods? It might
have proved unprofitable for them. Sites where
many
businesses have failed ought to be avoided. Vacant buildings Do
not bring traffic and are usually considered poor neighbors,
therefore check on nearby unoccupied buildings.
Copyright © by Bizmove.com. All rights reserved.