How Did You Find Your Passion? small business |
- How Did You Find Your Passion?
- Our business' best selling product is doomed to fail. What would you do? PLEASE give feedback!
- How do I start?
- Advice on starting a electrical contracting business.
- [UK] Subscription company with cost effective delivery and collection in one?
- What do you look for from your bookkeeper?
- Using Clover Point Of Sale as a Marketing Tool...?
- Any Small Business Boutique Owners?
- C store info
- Email Marketing
- Correct credit card transactions(wrong account)[Wave Accounting]
- I have an opportunity to sell electronic cigarette accessories but not sure where to advertise
- Got a couple of questions.
- Combating Tax Cheat Competitors
- Tips for a Potential Restauranteur
- Split or Retire? How to negotiate another partner out of the company.
- Choosing a business brand meaning is straining my creativity brainpower and I could use some suggestions from this community to help move forward.
- Why is Time Management important for your business?
| How Did You Find Your Passion? Posted: 24 Feb 2018 09:26 PM PST Hello small business owners! I am a "somewhat" recent audio engineering graduate from a 4 year university program, and have been having an extremely difficult time breaking into my industry. I've been pondering a change in career paths for awhile however my mind seems to be in a million places when I think about careers. I come from a family of small business owners. My grandparents owned a successful restaurant business for 50 years, my father recently retired his successful construction business after 30+ years, and my mother has started her own endeavors and began her own business. After working for my father for years, I was taught what hard work was and learnt at a young age that I don't want to work with a pickaxe or shovel in my hand for the rest of my life. I feel I have developed a very strong general work ethic thanks to him. I also feel that running a small business is in my blood. I have the resources and an experienced mentor to help guide me and possibly even support me in investing in me to get me started. The major problem is this: at 23 years old, I don't know what I'm truly passionate about. I have a love for music hence my background with a music degree. However as sad as it is to say after spending the money that I did on school, the audio engineering side of things really has no interest to me. I'm getting to that age where I want to spread my wings. I want to move out of my parents house, I have a wonderful girlfriend who I've been dating for some time now that I eventually want to take things a step further with. I want to do something and tackle it head on. Live, eat and breathe it. The problem is I don't know what that thing is that I want to do. My question to you all is: How did you find your passion? On the flip side to that question: How did your passion find you? Your responses are greatly appreciated. TL;DR: I come from a background of small business owners and eventually want to follow in their footsteps. Went to college for something that I'm not sure if I can picture doing the rest of my life. Wondering how you small business owners found your passion or how did it find you? [link] [comments]  |
| Our business' best selling product is doomed to fail. What would you do? PLEASE give feedback! Posted: 24 Feb 2018 06:26 PM PST What would you guys do? Please help. My business has hit $90K in its first year but our best selling product is a product that our customers always report breaking and falling apart, sometimes in just a few days. Maybe 25% or more of our customers report quality defects, and they're very upset. I always gave out replacements, refunds, free compensations, and tried my best to take care of the customer. I truly want to give them a great experience. So recently, my supplier upgraded this product and I started rolling them out on my store but ALREADY after 1 week, customer's have had the same unfortunate problems of defects. I've already scavenged through a multitude of suppliers of this product and they ALL have the same problems due to the nature of wood cracking/breaking. This product (a comb) is the only successful advertised product after spending $30K+ on Facebook. This product always gets sales and converts better than any of our other products. And I don't know what I can do if we discontinue this product...our customers absolutely love this product and the wood's unique scent but 20-30% of them get an unpleasant surprise when they break. After it breaks, they are usually VERY angry and say they will not purchase from me again... What would you guys do? I only have $1K in capital and I'm not sure how I can personally upgrade the design of this product (because wood naturally cracks due to weather, water, heat, etc.). I've thought about switching to other stronger wooden materials, but they are less attractive in aesthetics and don't carry the same value proposition (scent) as this wooden material (sandalwood). I've also thought about just completely removing this product, but that would mean significantly less sales, reach, and customers. Like I said, this product makes up for 90%+ of our sales. Any suggestions? I'm on the brink of just selling off the business because i have no idea what to do. [link] [comments]  |
| Posted: 24 Feb 2018 01:21 PM PST I want to create a company that sells vinyl models of landmarks. However I do not know where to start. I know how to make it unique from other vinyl companys like funko, and how to add value to the product, and ideal selling locations (book stores like barns and noble) but I just don't know where to start. I have herd about start up incubators, but I am in rural area that has none. What should I do? [link] [comments]  |
| Advice on starting a electrical contracting business. Posted: 24 Feb 2018 09:13 PM PST I'm a 4th year apprentice electrician, I love everything about my trade and I wake up excited for work everyday. Ive always been a very driven, hard working person and I know that one day (in a few years, I still have lots to learn) I want to run my own business. Before I fully commit to anything I want to learn as much about managing a business as I can. Can you guys recommend any learning resources, are there any good books, podcasts, online courses ect on running a contracting business? I'm mostly interested in Industrial and/or commercial. I just started night courses on engineering to further my knowledge. Im in Australia if it matters. I really appreciate any help! [link] [comments]  |
| [UK] Subscription company with cost effective delivery and collection in one? Posted: 25 Feb 2018 02:22 AM PST I have an idea for a subscription service that would involve delivering a box of approximately 2kg once a week. At the time of delivery, a box of the same weight and size would be collected back from the customer. I am looking for a suitable option to this but the only people I have found so far are DPD who are not proving particularly helpful in providing quotes. Has anyone got any suggestions for achieving such a service in the UK? Whilst somewhat similar services are provided by local businesses, they would use their own drivers to achieve the same thing. My idea is workable if I don't have to bring own drivers onboard. [link] [comments]  |
| What do you look for from your bookkeeper? Posted: 24 Feb 2018 01:48 PM PST Curious to what additional bookkeeper services small business owners want/need from their bookkeeper? I'm in the process of starting up my virtual bookkeeper business and would like to offer services on top of the basics (ex: financial statements, AR, AP, etc.). I've been thinking budgets/forecasts and benchmarking would be great for a client to use because at the end of the day entrepreneurs are competitors. Also want to do audit preparation due to my vast experience as an auditor in silicon valley working with tech company clients. On top of the services - what are the little things that add value with you all? For example reminding you when tax day is coming, weekly/monthly check-ins, talk you through the financial statements and offer advice, etc.? Thanks in advance! I believe this subreddit will be an awesome tool to gain valuable business insight. [link] [comments]  |
| Using Clover Point Of Sale as a Marketing Tool...? Posted: 24 Feb 2018 06:22 AM PST We have a brick-and-mortar business (an ice cream shop) which really took off in popularity when it first arrived on the scene in our small town. This was a franchise at the time, and the corporate location (and all others) have since closed. We are the last of the Mohicans. The store has been treading water in sales for the last year (all seasons). Now that we are off the corporate leash, we have implemented new products and options, which we think will be very successful and popular versus the "niche" idea the original owner was going for. However, we need to reach more people to advertise this, and we are focusing on enhancing our marketing approaches. We are already active on Facebook and other social media, and we are very active at community events, though our attempts at getting into new ones is hitting the same marketing wall. It's reaching people through email (for example) that we lack, especially focusing on getting customers to return. We use Clover POS, and we have been told it can become a useful marketing tool. We want to establish a contact list of email addresses so we can send people coupons, notify them of upcoming events, and other promotional stuff to get more people in the door. Anyone have experience in this arena? How do we go about implementing this? (Warning: we are NOT tech savvy but are eager learners!) Thanks in advance for any advice! [link] [comments]  |
| Any Small Business Boutique Owners? Posted: 24 Feb 2018 10:03 PM PST Are there any fellow female (or male) boutique owners on this subreddit? If there is anyone out there, please reach out to me as I have a lot of questions and need some advice! My biggest problem is trying to find any dropship/wholesale leads. Thanks in advance! [link] [comments]  |
| Posted: 24 Feb 2018 07:59 PM PST Anyone here own or have a solid amount of knowledge about c stores? What are some of the barriers to getting a product into the store? I'm looking primarily for independent owned stores not a huge chain stores. Any insight is appreciated! [link] [comments]  |
| Posted: 24 Feb 2018 10:02 AM PST I have a big list of business contact emails and want to pitch them on my product. What is the best platform to send out email campaigns and not get tagged as a spammer? [link] [comments]  |
| Correct credit card transactions(wrong account)[Wave Accounting] Posted: 24 Feb 2018 07:34 PM PST Prepend: This is a question specifically about Wave Accounting, I hope I can ask it here. Hello all, I am desperately trying to get my year end/T4s done on the weekend (the only time I really have time to work on it) The problem I am running into is that when I setup Wave Payments (credit card processing) I mistakenly selected "Cash on Hand" as the destination account when it should have been going into my chequing account, now I have duplicate transactions for every deposit (from my bank statements and waves own credit card processing stuff) How can I fix this? It will not let me change the account on the wave transaction. I tried to call their support line for wave payments, but apparently, they are not open on weekends? I find that crazy given they promote themselves as a company focused on small businesses. When else do they think we would be taking care of this kind of stuff? Thanks, [link] [comments]  |
| I have an opportunity to sell electronic cigarette accessories but not sure where to advertise Posted: 24 Feb 2018 05:52 AM PST I have an opportunity to sell electronic cigarette accessories but not sure where to advertise my products or how to enter the market. I would like to start with a small scale sales and establish a small group of clients. I am reselling directly from the manufacturer. What would help me is to figure out where i could advertise my products. Local personla add sites prohibit this category of products. Would setting up my own website be the right approach? Thanks. [link] [comments]  |
| Posted: 24 Feb 2018 04:33 PM PST I want to start a beverage business here in the UK, I have found all the machinery online. But before I buy the stuff should I register as a Company? If so what kind, I asked this because I see terms like 'private limited company' and 'LLC' and I'm confused. And where does corporations fit in in all of this? I plan on being the only owner of my business. The second part of my question is, at what point should I register with the Food Standard Agency? Or do I even need to sign up with them? The type of drink I want create will be a non alcoholic canned drink. [link] [comments]  |
| Combating Tax Cheat Competitors Posted: 24 Feb 2018 04:31 PM PST Looking for some ideas please: a week doesn't pass where a customer or two comes to our store and tells us that our competitor several miles away said they will not charge sales tax if the customer pays with cash. The customer asks if we will offer the same thing. We always refuse to do that (in a polite way) and tell the customer to purchase with the store they feel most comfortable with. What would you tell the customer? [link] [comments]  |
| Tips for a Potential Restauranteur Posted: 24 Feb 2018 06:22 AM PST I'm thinking about opening my own sports bar, looking for advice from anyone currently in the restaurant business. I have an initial investment of $125k, and I have a credit score in the high 700s in order to get extra funding. My 2 biggest passions/hobbies are Sports and Drink Mixing (I have taken a bartender course and worked off and on as a temp bartender throughout college). My main job throughout college was working hands on with students in the Job Corps program, several of which were enrolled into the culinary arts program and I still maintain connections with them, which would likely be the source of my labor to begin with. Are there any solid tips anyone can give me to help me get it off the ground? [link] [comments]  |
| Split or Retire? How to negotiate another partner out of the company. Posted: 24 Feb 2018 07:07 AM PST Running into a wall on this one. Have a company that's doing well and growing, one person is no longer needed in operations and that's causing a debate about ownership. What's the best way to resolve an issue like this if 2 people see the situation completely differently? [link] [comments]  |
| Posted: 23 Feb 2018 10:48 PM PST I have a burning passion to create multipurpose/multifunctional apparel. I am creating a travel belt that can be worn several different ways and if successful I want to create more products within the niche group of individuals like me who enjoy tactical multifunctional gear and like to travel. I've decided to focus on a brand rather than a stand alone product as this may help in the long run if a community appreciates my products. I bought the website basesab because it sounded kinda interesting as a palindrome word using Base from my first product I've been developing called BASEbelt. I can't decide the motto and theme for basesab relating to "tactical travelers" but my two best options so far are: basesAB (Adaptable Battlefields) Or BaseSAB (Situation Adaptable Brand). I'm open to other suggestions as well and could use as the support of this community to help me move forward. TL:DR need advice/suggestions for a brand name and motto for tactical traveling products. [link] [comments]  |
| Why is Time Management important for your business? Posted: 24 Feb 2018 05:28 AM PST Time management can have a huge effect on your performance and productivity in the workplace. All types of businesses can benefit from time tracking software, no matter how large or small a business is. Time management is an important issue for any business. Yet, many business owners do not seem to grasp this concept. Business owners who use this technology find increased productivity, which ultimately leads to increased profits, which is obviously the bottom line of any business. This is actually one of the most important elements of your business as, without proper time tracking, it is impossible to know just how the employees are spending their time and what tasks they are covering. Time-wasters need to fall by the wayside, and serious grit-and-bear-it hard work needs to take its place. There are so many little tasks involved in any business, and often, most of us don't even realize just how many tasks are being managed at once. Time tracking software ensures that nothing is ever missed and that everything gets done when it should. By putting a system in place to improve the efficiency of your staff, you can dramatically cut down on your bottom line. Other time tracking software benefits include: Time is Money: Everyone is given the same amount of time in a day and it is up to you to make the best use of your time. If employees waste time at work, it means they are getting less work done, which in turn costs the company money. Time really is money. By streamlining your operations and improving productivity, you can save money. Time management software can help. Better Task Management: Your business likely has quite a few moving parts and several different tasks that you and your employees have to complete daily, weekly, monthly, quarterly, and more. Time tracking software can help to make task and project management simpler endeavours. Having the right time management skills will make your business more efficient and productive. With this, you can easily schedule every major task. It saves your time so that you do not have to waste resources that could be applied elsewhere. Focus: Employees will know exactly what they have to do, how much time they have to do it, and how much time they are spending. One of the great things about employees being able to track their own time is that they really get to see the whole picture of how productive they actually are. They can also inform managers that some projects may be a bit late, so the project deadline can be extended. They can reevaluate how and where they are spending their time. Payroll: All calculations can be put into a timesheet program. Because employees are tracking their own time, there is less work for those in the payroll department, and employees receive accurate pays. Since some companies have employees who work variable hours, the time tracking software can take the worry. For small businesses, this is extremely helpful. Better Quality Work: Since you are prioritising your tasks effectively and not wasting valuable time, you will be sure to provide a higher standard of work. It gives business owners a great overview of the entire business, how employees are spending their time, and more. As you are not getting distracted by other things or stressing about everything that needs to be done, you can produce your best standard possible. From a logistical point of view, this is extremely helpful. Owners and managers can rearrange projects and tasks, and provide help to those teams that need it. The bottom line for any business is profits, and business owners are constantly looking for a way to cut costs and increase profits. By understanding the workflow of the company better thanks to time tracking software, it makes it far easier to see where there may be problems or inefficiencies. Effective time management will mean you prioritise your tasks efficiently so that you focus on the most important and time-pressed tasks first. Time management tools can help cut down on stress levels, improve morale, and allows you and your team to focus on more important matters. Essentially, any investment that you make that is able to save you time is a worthy investment. Effective time management can have a hugely positive impact on your business. Taking the time to develop these skills can be a great asset and make your employees more efficient, so make sure that you do what you can to improve this. [link] [comments]  |
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