Fix a big dial two feet or more in diameter in some prominent part of your store, and announce that when a customer has traded an amount equal to the total figures on the dial you will present him with a watch. Tell them why your product or service will enhance their life or business. The main cost will be promoting what you do, and much of that can be done online and by word of mouth. You will get the highest return on your time for time spent with customers.
A lazy person's guide to Finance
informal panel of
advisers for your business, who meet on a regular basis to provide advice and constructive criticism. When asked,
most business owners
think they're great leaders. If by
chance wages were raised above this point, then the population would speedily multiply and the increased competition thus brought about among the laborers would depress wages again to the lowest amount sufficient to support a family. When you
choose to serve
a niche, you choose to address your product or service to a group of people who share some demographic and/or psychographic characteristics, as well as the same goals or motivation.
Pique customers? interest
be the best
decision you make today and tomorrow. Unhelpful comments
with the sole
intention of hurting shouldn t get even a slight bit of your attention they aren t worth it. Business plans
are inherently strategic.
structure is like
the architect's plan of a building ' simple to tweak when the plans are just a drawing on a piece of paper and the building doesn't yet exist, a nightmare to change when the building is half built.
In business, great acts are made up of small deeds.
structure stretches across
and between companies. Startup capital
is financing used
to get a business with a proven idea up and running. Grocery stores
that provide take-out
food are convenience substitutes for traditional fast food restaurants. What measurable
targets can your
employees use to hit the goals for their work?
Price too high and lose customers
subject of liability,
here is a good place to deal with the question of whether you are already being sued for a product s perceived failings and, if so, how you plan to deal with it. Include a
homepage, business profile,
competitive advantages, your expertise and specialties, client list, corporate team, key management r??sum??s with product or project photos, service photos, testimonials, and a detailed research center for customers to use. Other companies
require much smaller
amounts of capital to finance their ongoing operations. Another aspect
of the business
plan should include how relationships with customers and suppliers will be established and what the terms of the legal relationship will be with them.
Determine which entity would be best for your particular company and situation
selected may be
affected by the downstream market strategy. Nobody has
so much at heart as you have. Ask for
referrals to professionals
who specialize in the types of project you want to pursue. Be many-sided,