Checklist for Starting a Cookie 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 Cookie 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!
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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 Cookie 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
How to Effectively
Supervise Your Sales Team
So far, you have seen in this section
a number of key elements involved in the job of managing retail
salespeople. These include objective-setting, performance
review, training, and motivation. Supervision can be regarded as
the day-to-day application of these same functions. Performance
review by personal observation rather than an analysis of
figures, training through immediate corrective suggestions, and
motivation through on-the-spot praise and reinforcement for a
job well done.
Continuing Awareness
Through your day-to-day supervisory
activities, you are keeping salespeople constantly aware of your
performance expectations. If you notice a customer being ignored
by a salesperson and you fail to comment on it, this may be
regarded as approval. On the other hand, you might see an
employee sell a sport coat, shirt, tie, and sweater to a
customer who originally came in for a pair of slacks. If you
fail to praise the salesperson for this job well done, the
employee will soon decide the extra effort was worthless.
Observation
Just as you walk through your store
each day, you will be making continual observations of your
employees' performance. You will notice the rapport they
establish with customers; their efforts in keeping displays
attractive even after customers have disrupted them; the
dispatch with which they prepare invoices and credit approvals;
and their general attitude toward customers and fellow
employees.
Naturally, there will be many
occasions when you will be critical of an employee's
performance, and the sooner it is brought to the employee's
attention, the better. However, you must always avoid
criticizing an employee's performance in front of a customer or
in front of other employees.
Talk to Employee Alone
At the first opportunity, talk to the
employee alone and remind him or her of how you expect the job
to be done. Criticizing an employee in front of a customer
will lower the customer's opinion of your employees and,
consequently, your store. Critical comments should also be made
outside the range of other employees. Since your criticisms will
be accompanied by constructive suggestions for performance
improvement, you want to be sure of holding the employee's
attention and maintaining a proper attitude so that the employee
will be receptive to your advice. Embarrassing the employee in
front of others will create a negative attitude that will
interfere with understanding and acceptance of your suggestions.
Public Praise
On the other hand, when you praise an
employee for a job well done, you want other employees to hear
it. This will not only fill the employee's need for recognition,
it will remind other employees of your definition of
satisfactory performance so that they, too, will try to do their
jobs accordingly.
Giving Information
Frequently, you will have to give
employees special instructions to carry out certain
assignments. Perhaps instructions to rearrange a display, to
handle a special situation with a customer, or to assist you in
an administrative task. Your instructions should follow
guidelines similar to those that you use in establishing
performance objectives.
Reasonable, Understandable,
Complete
Instructions must be reasonable,
understandable, and complete. Mrs. Jones may be dissatisfied
with a toaster she bought last week and wish to return it. If
you instruct a salesperson to "take care of Mrs. Jones," this
tells the employee little or nothing. Should the employee issue
a cash refund, give Mrs. Jones another toaster, or return the
toaster to the manufacturer for warranty repairs? All these
details must be spelled out so that the employee will know
exactly what you expect to be done.
This article offers managing your Company
tips and manage business advice. But you are not ready to begin
your own company till
you have given some thought to handling
it. A company is an ongoing activity that doesn't run itself. As
the manager you'll need
to set goals, determine how to reach
those goals and also make all the required decisions. You'll
need to buy or create your
product, price it, advertise it
and sell it.
You'll have to keep records, and determine
prices. You will have to Control inventory, make the ideal
buying decisions and keep
prices down. You will have to hire,
train and motivate employees now or as you develop.
Setting Business Management Goals. Great small business
management Is the key to success and great management starts
with
establishing goals. Set goals for yourself for the
achievement of many activities necessary in starting and
managing your company
successfully. Be specific. Write down
the goals in measurable terms and conditions of functionality.
Break big goals down into
sub-goals, demonstrating what you
expect to achieve in the next two to three months, the
subsequent six months, the next year, and
the next five
decades. Beside each goal and sub-goal set a particular date
showing as it's to be achieved.
Plan the action that you
need to take to attain the goals. While the effort Required to
achieve each sub-goal should be great
enough to challenge
you, it should not be so great or unreasonable as to dissuade
you. Don't plan to achieve too many targets all
at one time.
Establish priorities.
Plan in advance how to quantify
results so you can know exactly how Well you're doing. This is
what's meant by"measurable"
targets. If you can not keep
score as you go along you are likely to eliminate motivation.
Re-work your plan of action to permit
for obstacles which may
stand in your way. Attempt to foresee obstacles and plan
strategies to stop or minimize them.
Buying. Skillful
purchasing is an important essential of Managing a business.
This is true whether you are a wholesaler or
retailer of
product, a producer or a service company operator. Some
retailers say it's by far the most significant single element.
Merchandise that's carefully bought is not difficult to sell.
Determining what to purchase means finding out the Kind,
type, quality, Brand, size, color, fashion -whatever applies to
a
specific inventory - that will sell the best. This requires
close attention to salespeople, trade journals, catalogs, and
notably
the likes and dislikes of your regular customers.
Assess your sales records. Even the producer should view the
issue through the
eyes of clients before determining what
materials, parts, and supplies to purchase.
Know your
regular customers, and also make a Fantastic evaluation of the
People you expect will become your clients. Just what
socioeconomic category are they? Are they homeowners or renters?
Are they looking for price, style or quality? What's the
predominant age category?
The age of your clients can be
a prime consideration in Establishing a purchasing pattern.
Young people buy more often than most
elderly folks. They
want greater, have fewer responsibilities, and invest more on
themselves. They're more conscious of fashion
trends whether
in sporting apparel, cars or electronic equipment. In case you
decide to cater to the young trade because they seem
dominate
in your area, your purchasing pattern will probably be
completely different than when the conservative middle-aged
clients seem to be in the majority.
Study trade
journals, newspaper advertisements, catalogs, window Displays of
companies like yours. Request advice of salespeople
supplying
you product, but purchase sparingly from several providers
rather than one, testing the water, so to speak, until you
understand what your best lines will be.
Locating
suitable merchandise sources is not simple. You may buy Directly
from manufacturers or producers, from wholesalers,
distributors or jobbers. Select the suppliers who sell exactly
what you need and can deliver it if you need it. (Distributors
and
jobbers are used by the majority of business people for
fast fill-ins between mill shipments.)
You may
distribute purchases one of many suppliers to gain more
Favorable prices and promotional stuff. Or you may focus your
purchases among a few providers to simplify your credit
problems. This will also help you become famous as the seller of
a
particular brand or line of merchandise, and to maintain a
fixed benchmark in your products, if you are shopping for stuff
for
manufacturing purposes.
When to purchase is
important if your business will have seasonal Variations in
sales volume. More stock will be required ahead of
the
seasonal upturn in sales quantity. As earnings decline, less
product is necessary. This means purchases of goods for resale
and materials for processing must vary accordingly.
At
the outset, how much to purchase is insecure. The best coverage
is To be frugal till you have had enough expertise to judge
your needs. On the flip side, you cannot sell merchandise in
case you do not have it.
To help solve buying issues,
you should Start to keep stock Control records at once. This
will help you maintain the stock in
equilibrium - neither too
large nor too small - with a proper proportion and adequate
range of merchandise, sizes, colors, styles
and qualities.
Basically there are two Kinds of stock control - control
in Dollars and command in physical components. Dollar
controllers show
the amount of money invested in each product
category. Unit controllers indicate the amount of individual
items when and from whom
purchased by category. A fantastic
stock control system is able to help you decide everything, from
whom, when, and how much to
buy.
Pricing. A lot of
your success in manage a business will depend on The best way to
price your services. If your prices are too
low, you will not
pay Costs; too high and you'll lose sales quantity. In both
cases, you won't Make a profit.
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