Nothing stimulates the senses, pulls at the heartstrings, and invokes visions of successful grandeur more than the initial development of the first draft of a restaurant empires business plan. It?s how dreams are born. Its how simple cooks and ex managers become pseudo celebrities in small towns across the country. I have spent many hours, days and weeks with a team of experienced enthusiasts planning spaces, developing menus, brainstorming concepts, running numbers, projecting lunch customers and dinner covers in order to tweak numbers to predict success. Aside from the location factor, I learned how o multiply chairs and convert those two tops, four tops, six top rounds and eight top rectangles into dollars and cents.
Looking back, this exercise was more important to my existence and my future than any recipe or menu I ever developed. It mattered not that the plan may not have worked in reality. The paper projections gave me the hope and drive and fuel to keep going. How then, could my Monday night predictions, done at another time, in another town, be so far off? And although many a night I was right on target, there were those Monday nights when I was so far off if I had been pitching baseballs I would be back at the little league field never being asked to stop in the minors.
Needless to say, the exercise I did again and again, on vacant space after vacant space became perfected with time and experience. Eventually, I could feel the frenzy, or lack of it, that could be generated from a space, once bustling, now vacant. In many cases, the numbers proved that I shouldnt sign a lease or make a move on a location that had gone bad. But not everyone runs the numbers or performs the actual exercises to decide if the project is viable.
Many dive head first, without the inkling of knowledge or experience. Many decide the concept is workable, the product surely profitable and the name and concept so significant that it is a sure fired success. Little could be further than the truth. The restaurant business isnt one that can be conquered or adopted because of a cut feeling.
The success or failure of a restaurant is not necessarily in the hands of the owner or the beholder ? of a lease. The public has the final say as to when the next steak or the last bread pudding will be served. And, there is little else an owner can do once the public speaks. I found out last week that out of each of my restaurants that I sold, they have all eventually either ceased to perform and closed, or they have gone through substantial renovation and repositioning in order to limp along in a style that seldom pleases the masses.
When I sold the vibrant eateries, they were not highly profitable, but had decent cash flow and a reputation for consistently well prepared creative menus. The numbers directed the fate of each eatery. The profitability was continually tweaked and fine tuned. The excel spread sheet was not my bible, but when my partner, Kranston, ran the numbers I looked at them to make sure my projections and predictions coincided with the future. Yes, beginning a restaurant is one of the most difficult tasks in business.
Rules for Training Our Construction Professionals Part 1
As we look to grow our present workforce to assume more responsibility (and authority), a training approach has to be option 1A or 1B. Said a different way, it has to be the primary option if we are serious about replacing our Senior Managers as they are starting to enter retirement age.
Contrastingly, another option is let the cream rise or your best people will just naturally earn more responsibly and authority. I dont think it is a second option, that is, let all you people make mistakes and learn. Darwin would understand this approach. The fittest become rulers and the rest of us work. As you know, this approach is inefficient, costly and takes a long time.
I have been actively training for many years as a construction supervisor during the 70s 80s and early 90s. Since that time, I have trained many groups as a management consultant. From both tenures, I can tell you some basics that may help you as you try to speed up the learning curve with your subordinates.
Train your people to task / skill just before they need to use it. This means one task is trained and acquired. It may sound strange but, it is true. It could take weeks to train someone who does a myriad of tasks. Not what most construction companies want. However, drinking from the fire hose of knowledge leads to poor results. People can only absorb so much.
Adult learners like new or interesting information. This causes mental engagement. It makes the whole experience deeper and less boring.
We have to get past the first 7 minutes of training. People will become focused deeply after 20 minutes. Physiologically, we should take a break at 1 hours and 15 minutes. Getting past that first 7 minutes is critical.
Adult learners like interactivity. This also causes mental engagement and makes that 1 hour and 15 minutes seem brief.
There are other key parts of training. More in another post.
We are a local marketing and sales agency that help small/medium sized businesses and Start up. Established for over 10 years, our clients vary in size and cover a wide variety of business sectors. we see ourselves as active members of the local community helping local businesses by providing a variety of field marketing, btl marketing , door to door marketing, brand promotion, social media marketing, telemarketing, web and printed based marketing materials.
SHOP NO 10, Shoppers Point, SV Rd, NEXT TO HOTEL, MOTI MAHAL, Andheri West, Mumbai, Maharashtra 400047
Open a Used Camera Store
Open a Used Camera Store 0 7,410 views
If you want to open a used camera store, you will have to begin with a business plan. Since most of todays cameras are too expensive for some individuals, it would be a great idea to focus on used cameras.
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Selling used cameras that are still on great condition will allow you to earn considerable profits over time.Open a Used Camera Store in Your Area Starting a camera store is not as hard as you think. Since most of todays cameras are too expensive for some individuals, it would be a great idea to focus on used cameras. Selling used cameras that are still on great condition will allow you to earn considerable profits over time. Choosing the name of the store is very important because the name can reveal a lot of things. For sure, a catchy name can be remembered by customers with ease. Before you go any further, you need develop a business plan for your business. Choosing an ideal location for the business can determine your success. You can save a lot of money if you lease the store space instead of purchasing it. You can earn bigger profits if you design the store properly. Purchase store fixtures like the shelves that are needed for displaying the cameras. The business plan will be able to show the existing competition in the market. By knowing the weaknesses of your competitors, you can easily attract customers by offering what other stores dont offer. Think of the best advertising methods that you can use to promote the business. you can put up signs or banners outside the store or you can send out invitations for the stores grand opening. What Cameras to Sell What cameras do you want to sell? Since youre going to focus on used cameras, you can easily obtain the needed merchandise online. Look for reputable sellers or suppliers of these used cameras. Determine the brands that are popular in your local area. Among the cameras that you can sell are Canon, Panasonic, Sony, and many others. Find the best deals online so that you can make great profits from the used cameras. Hiring the needed employees is vital to your success as well. You will have to set a standard or qualifications before hiring new employees. You also have to train your staffs to ensure that they can cater to the needs of customers even when youre not around. Have you applied for a business license? If not, you need to apply now even before the opening of the business. Its best to have a legitimate business because most customers trust establishments with a license. Start your very own used camera store today. This is the best business idea for those who love cameras and photography. Find suppliers of these used cameras today and dont forget to offer limited warranty as well to generate more customers.
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We are a local marketing and sales agency that help small/medium sized businesses and Start up. Established for over 10 years, our clients vary in size and cover a wide variety of business sectors. we see ourselves as active members of the local community helping local businesses by providing a variety of field marketing, btl marketing , door to door marketing, brand promotion, social media marketing, telemarketing, web and printed based marketing materials.
SHOP NO 10, Shoppers Point, SV Rd, NEXT TO HOTEL, MOTI MAHAL, Andheri West, Mumbai, Maharashtra 400047
Running a Catering Business
Running a Catering Business 0 6,929 views
Imagine running your own business where you are the boss and the caterer. You will be able to practice your love to cook. Cooking is living.
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The catering business has been in the business industry for quite a while now. When you run a catering business, you should have knowledge on how to cook.About Catering Business Actually, if you want to be hands on owner, you should be a good cook. The reputation of your catering business lies in your good taste in cooking. Your clients will be grading your performance through the taste of the food you prepared for them. Some might love your food, some might like it, and some might not even taste it. People have different type of taste when it comes to food. When you run a business like catering, you should take into consideration the kind of food the client would like to have in his event. Remember that there are clients who would demand their own menu. You should be flexible with dealing with the food needs of your client. You may suggest other food to them but remember not to insist your choice. The choice of the clients should be your priority. You should also tell the caterer what kind of food classification are you good and that should be a highlight in your business. These clients should know what kind of food you are good at. Usually you will be catering food to different occasions like birthdays, weddings, funerals, seminars, conventions, meetings and other huge gatherings that would take a great number of foods to accommodate the guests in those mentioned gatherings. In dealing with these gatherings, you should make it clear to the client of what will be the coverage of your catering services to them. It could be limited to just cooking the food only, or you might just be hired also to provide the waiters and the utensils needed for eating. These things are usually covered by the caterer but some clients would rather hire other waiter and utensil provider that best suits the theme of their gathering. But those things are rare. Most of the time you cover everything from the cooking, preparing the food presentation and serving, to the tables and chairs to the plates and eating utensils needed. There is a tremendous demand for caterers everywhere. Anywhere you can find a potential client. From small offices to huge companies, from schools to universities to the public and private sectors who loves to put up a gathering. Those are the potential bracket of clients you will be dealing with. These people or groups will give a good compensation especially if you give them a good deal and you provide them with everything they need to feed their guests. To make all these things happen, you should have a complete set of cooking tools and equipment, you should have a group of ingredient provider that has a low cost deal. Remember that you will base your price according to the price of your resources.
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We are a local marketing and sales agency that help small/medium sized businesses and Start up. Established for over 10 years, our clients vary in size and cover a wide variety of business sectors. we see ourselves as active members of the local community helping local businesses by providing a variety of field marketing, btl marketing , door to door marketing, brand promotion, social media marketing, telemarketing, web and printed based marketing materials.
SHOP NO 10, Shoppers Point, SV Rd, NEXT TO HOTEL, MOTI MAHAL, Andheri West, Mumbai, Maharashtra 400047
How to Start an Auto Paint Shop
How to Start an Auto Paint Shop 17 s24,058 views
Do you think the auto paint shop business is for you? Do you have what it takes to start your own auto paint shop business? Are you interested in providing automobile services
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If you are then here are a few tips to help you start your auto paint shop business. Vehicle related businesses are probably one of the fastest growing businesses in the industry today. This is because automobiles have become a necessary tool in our modern, fast-paced world. A large chunk of the automobile business includes an automobile paint shop, more often seen together with other automobile services such as repair, detailing, cleaning and waxing. To help you get started in the world of automobile services here are a few things that you should consider.
Know the Auto Paint Shop Business
Putting on a coat of paint is not as easy as it sounds. It is a highly technical, skill based business that one needs to know and get acquainted with. It involves many techniques and many equipment to choose from. Any person looking to be successful in the auto paint shop business needs to acquire the basic knowledge and skill in auto painting. This may require you to get into special classes or even apprentice under an experienced auto painter. Getting the necessary training and experience is always the first step in starting your auto paint shop business.
Once youve acquired the necessary experience and skill in auto painting, you can now ask yourself what kind of auto paint shop business you want. Do you want to merely offer auto painting or would you like to offer other services such as detailing and auto repair? What kind of auto painting technique and equipment does your business offer? Do you want to just offer the usual and ordinary auto painting or can you do a more specialized, detailed and artistic painting on the automobile? What types of clients do you want and which age group do you want to consider? Answering these questions can help you learn more of what kind of auto paint shop business you want.
Finding the right location for your auto paint shop business
Once youve learned of what you really want your auto paint shop business to be, you can start looking into the best location for your auto paint shop business. This may depend largely on what your services offer. You may want to tie-up with other auto services business in your area so as to lure in more clients or you may want to start your business independently. Why not starting your auto paint shop business near a gasoline station or may be near a car shop? Also, remember to see to it that your building has enough ventilation and room so as not to suffocate you and your crew from the paint fumes. Following simple health and safety guidelines may go a long way in your auto paint shop business.
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17 ssonali garg said on September 6, 2009very good idea..MARIUSZ said on October 27, 2009What about term and conditions? need any permissions to open my business?quinton said on February 19, 2010My father is a spraypainter in a panelshop would it be viable for him to open such a business. He has 15 years experience in the trade and currently works with the new mixing equipment.jade said on March 7, 2010here in mandaue cebu philipiness and the business is auto shop with mechanical and painterapril washington said on June 22, 2010I am located in greensboro, nc. I currently have a building on a pretty busy street. I am located right in front of a car lot and next to a rim shop. Perfect location. I have only worked for myself. I am not sure what I should pay other painters to work for me. Should I pay them commission only, or a base pay plus commission? Please advise country said on February 14, 2011columbus ohio. north side. i was thinking of starting off out of my own garage from my home to undercut price of a shop then expand . Is that a bad ideal or is there any success story this way.hobby man said on May 19, 2011Hampton Georgia, I currently paint cars out of my garage at home and do a great job doing it. I mainly get business through word of mouth, I paint them for 200 or 150 if they bring the paint. Its a nice side hobby that I enjoy doing on the weekend only down side is can only do one car at a time, looking for a small shop right now but don’t really want to apply for business license and all that other stuff you need.Roy said on September 21, 2011I am a one man gang in St pete fl. I put in a new paint booth and ready for anything. Call 727 488 1647. Registered with the state and doing everything right! Roys Paint ShopRandy L.Cotton said on February 16, 2012Partner and I Started Ideal Auto Body Shop. In Decatur, Il. in 1976/Proprietaries. Were Mr.Randy L.Cotton and a Mr. Bruce E.Sain was registered in Il. but when I sold my tools & Equipment. Was put as silent partner when relocated to Hudson Fl. Have Journeymens License. will not allow me to climb ladders. started learning computers. Roy Call My Cell #727-815-5008John Irwin said on December 10, 2012Portage, Pennsylvania, USA. I am currently unemployed without much hope of finding employment at my old regular job. I am currently considering starting an Auto Painting Business out of my home garage. I am experienced with this type of work and my garage is already set up to do this kind of work with the exception of a regulation paint booth. Id also have to obtain the necessary permits, find out about zoning laws ,etc. My plan is to not really do collision repair work, just to do repaints like on older faded or rusted vehicles. With so many people keeping or buying older vehicles now, I feel there is a need for this type of business. I’ld do panel replacement and paint work but not heavy crash repairs. Id also like to expand into selling tires, and doing brake and exhaust work later. I would offer low prices like the guy in Georgia and hopefully go on word of mouth and local advertisement. Is this a fantasy, or could it be a good idea?Arlie P. Taladucon III said on August 24, 2013Hi. I want to have a business auto paint shop and car accessories shop here in Cebu what school or training center so that i have technical knowledge before i start my own shop?Shyju said on September 6, 2013Please advise how to start auto paint shop in kannur, kerala state, India. Thanksdavid yeager said on January 29, 2014i want to start an automotive paint business in palmyra, ind. what kind of computer experience do i need Doni said on May 25, 2014I want to start new car painting shop kindly tell me what could be its expenditure. Is their any dealer who will give me any idea.SUNIL S TAKALKAR said on August 25, 2014Sir, I am from Aurangabad, Maharashtra, I have space of 1500 sqft in the prime location/market place suitable for any type of Trading Business. I want any types of products on the Credit Terms, so that when the products will be sold, I will repay the payment of the goods. Please advise & help.Gabriel said on September 18, 2018I just want to vent into the business, though I am an automobile engineer, but I need some enlightenment about this business and what the prerequisite, thank you. Gabriel from Nigeriamukamba said on March 20, 2019I wanted to put up shop that sells auto paints, please advice on the location and management. (All the above fields are required.)
Feet On Street Door To Door Marketing Face to Face Marketing Street Marketing Field Marketing Direct To Retailer Sales Strategic Field Marketing Marketing Strategy Trade Marketing Marketing Team Sales & merchandising Shopper & Retail Marketing Direct sales Sales promotion Trade sales promotions Promotions team Leaflet distribution Telemarketing
Market Research Field Research Advertising Market Research Compensation Survey Tele Research Test Marketing Brand Market Research Market Feedback Survey Data Collection Customer Satisfaction Studies Industrial Market Research Mystery Shopping Retail Audit Customer Acquisition
We are a local marketing and sales agency that help small/medium sized businesses and Start up. Established for over 10 years, our clients vary in size and cover a wide variety of business sectors. we see ourselves as active members of the local community helping local businesses by providing a variety of field marketing, btl marketing , door to door marketing, brand promotion, social media marketing, telemarketing, web and printed based marketing materials.
SHOP NO 10, Shoppers Point, SV Rd, NEXT TO HOTEL, MOTI MAHAL, Andheri West, Mumbai, Maharashtra 400047
How to Start a Home Based Travel Business
How to Start a Home Based Travel Business 8 s13,356 views
Perhaps you want to set up a home-based travel business, but you have no idea what you have to do to begin with. You dont have to look further anymore, because our article has all the information you will need to get you started quickly on your home-based travel business.
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Travel business can be a good home-based business. It is fairly easy to set up, little to no capital needed, and with abundant help resources for the fledgling travel agent. Heres how you can start a home-based travel business.
Two Ways of Doing Your Own Travel Business
There are two ways of working as a home based travel agent. These are:
Referral Agent You refer potential clients to an established travel agency in return for commissions if they book a vacation in the end. In this approach, you can also book travels for your clients themselves and earn commissions as well.
Booking and Selling Agent As a booking and selling agent, you are in charge of acting as a middleman between your potential clients and the travel agency. You do research for them as to what options would be best for their budget and preferences. You will have to obtain these information from the travel agency, and then present them to your clients. If you are savvy in dealing with clients, then this approach would be best for you as this earns higher commissions as compared to a referral agent.
There are many websites in the Internet that offer resources to help you get started, and there are a lot of web-based travel agencies that you can work with.
Effective Advertising for Home Based Travel Business
All businesses need on advertising, thats a fact. Fortunately for you, the Internet offers you an easy way to facilitate advertising by taking advantage of the search engines. There is a lot of competition out there, so make sure to maximize your Internet advertising to attract a lot of visitors and possible clients to your web site.
Search engine optimization Search engine optimization is making sure that your site gets as high a rank as possible in search engine results. This includes ascertaining that your websites content has enough keyword and theme density, as well as a number of referring links.
Pay per click advertising Pay per click advertising narrows down the visitors that visit your home page to those that are interested in the subject matter of your website. PPC ads appear along search engine results that are invoked by keywords associated with the ads themselves.
Viral marketing Viral marketing is the technical term for word-of-mouth advertising. In the online community, this is accomplished by spreading word about your site using the power of social networking sites like Digg, for example. This exposes your site to more people than search engines could possibly afford you.
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8 sTEJAL KADAM said on August 11, 2012My name is Tejal. I am from Badlapur, Thane. I want to start a travel related business from home. do I need any license for the same? how do I start the business?venkataraman said on January 28, 2013i am a senior citizen having 35 years exp. in sales covering south india. enjoy traveling. interested to start packaged tours for senior citizens for south india. advise. how is the potential based in bangalore? venkataraman 09980515080SHIRISH PATEL said on July 8, 2013hi tejalpl call me on my cell 09979044017 satyam travel nanpura surat. I have good idesa for you both person for home based travel agency pl. Sangeetha said on October 17, 2013Hai Our company is contacting daily boat cruise tour at cochin & kerala package which is commissionable looking for clients pls contact us mail@sealand.in for any bookingsmahesh dalvi said on December 2, 2013I own a zen estilo car and want to rent a car in piplod surat, kindly help travel agents can contact on 09724241085, thanksAmelia Jones said on March 2, 2016Starting home based travel business is very easy and affordable with TravSell. There are many ways of earning money through your own travel business and some of the popular ones are – – Starting with home travel agent program – Starting a travel affiliate website – Or Launching a direct travel booking website TravSell is the one of the highest paying affiliates in the travel industry that means you can earn maximum profits through commissions by using TravSell Services. For any queries please email at – travsellpro@gmail.comjayne waetara said on May 12, 2016Hi, my name is jayna and a mother at home. I’m from the pacific islands and i’m interested to start a travels services business. Any tips to start?kinjal mehta said on June 13, 2016hi, m kinjal mehta m very fond of traveling and finding different and unique places and things to do wherever i go. i would love to share my experience with various people by giving them travel hints and choosing the right places. please help me how i can start dis online and at d same time earn too. u can mail me at harshhm@yahoo.com (All the above fields are required.)
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No matter how you look at it, no matter how you turn the world upside down, you cannot change the fact that working capital is still capital. It is the one representing the assets of a certain business.
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Now, let us take into consideration buying a property as an example. Of course, it would be a lot beneficial for you to pay for a lower price for your desired property.In any kind of business, the foundation to get started is no other than the capital. Just like buying a property, you would also prefer to make use of small capital as possible right? If ever there are lost interest that will only mean that the company will lost capital as well. The best way to settle everything straight is by reducing the working capital to a specific minimum. Cash flow circulates. This is the reason why it is considered as the life blood of the business. In order to keep it flowing smoothly, the task of managers is to use it in generating profits. Now what will happen if the cash flow is not able to generate surpluses? Of course the business will run out of green bills and will totally expire. If a business will be able to expand in a faster pace, it will also need more money for investment and working capital as well. If you have the capability to manage the working capital of your business well, then you will be able to make more green bills that will aid in reducing risks while improving the profits. Things You Must Know in Reducing Working Capital It is the working capital that funds the price of the materials and the labor into the service you render or the products you sell. This will also be the one for you to use in paying for supplies, rent and salaries as well. In some businesses, especially to those who sell goods, a large portion of the working capital is allotted to the prices of the products sold. According to experts, one of the most efficient ways on how to reduce the necessity for working capital is through the accounts payable or the credit of the supplier. In order for you to successfully do this, you must have established a very good relationship with the suppliers. This will also pave the way for you to delay payments with only a small increase in the price. In this case, you will be able to pay for pay for the supplies from the income of your collections and sales. This will lessen the pressure on the requirements on your working capital. In addition, this will also serve as an avenue for increasing the liquidity of the company.
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