How to logistically handle multiple catering gigs? small business |
- How to logistically handle multiple catering gigs?
- Business partner is seriously slacking.
- Opinions please on the best way to sell tickets via Facebook
- Small business, huge client
- A Unique Marketing Idea for a Restaurant
- How to deal with shipping & receiving for side-business when working full time
- Start selling before the LLC is ready?
- Is justworks like ADP? Or do they do more like a bookkeeper?
- Should small businesses really switch to solar power?
- Question about how to assume Projected Costs
- What title should I give myself?
- [motivational] having the guts to say NO!!!( no link)
- Any programs that make expenses/client tracking easier?
- Forming a holdings company for multiple businesses that are currently sole prop?
- Lost supplier, having no luck with Alibaba. What's the next step?
- Shady business decision??
- Shady business decision??
- New employee keeps bothering me to "modernise" our record systems, but since the business is doing well and hasn't had organisational issues I can't justify spending thousands of pounds on that. Lately her work has declined and I fear that she is trying to prove a point — how to handle?
- How to setup your business before you pick a location?
- Automated Business site
- Photography company do I need to become a foreign LLC?
- Contract Question
- Question for micro businesses esp sellers
- How to implement metrics in a small business?
| How to logistically handle multiple catering gigs? Posted: 28 Jun 2018 08:47 PM PDT How do most caterers handle multiple clients/gigs? Do you have a third party contractor that does setup and break down? Or you you have employees that go to a storage facility and pick up the equipment and bring to client event? [link] [comments]  |
| Business partner is seriously slacking. Posted: 28 Jun 2018 01:02 PM PDT Hello, Me and my business partner started a home decor e-commerce business a month ago. We decided to temporarily close our store to improve our website and products. But, I don't know if my business partner is as ambitious as I am. Here's why... I did notice that he would make these small mistakes when it came to design, product descriptions, pricing and so on. I asked him nicely to be more cautious and take this more seriously, to which he ensured, that he will. He also came across as very ambitious, so I believed him. He told me he'll do the pricing, product description, META, put up watermarks and add product titles. I'm not joking when I say this - EVERYTHING was rushed and had errors. I could tell he didn't check anything. Some products were missing watermarks, METAs were horrible (or sometimes not existing at all), product titles sometimes didn't have capital letters, pricing was too high and the product descriptions were the cliche ''AMAZING PRODUCT BUY NOW''. I spent my entire day fixing everything he had done. Before, I asked him to be more professional and he agreed, however, this is my last straw. I put too much time and effort to make things perfect and I thought a partner would help, yet it only gives me a headache. What should I do? Should I just ditch this project and do my own thing? I can't really sleep well knowing that he might do something horrible to the business that will go unnoticed by me. [link] [comments]  |
| Opinions please on the best way to sell tickets via Facebook Posted: 29 Jun 2018 04:16 AM PDT Hi All, We run a small tour company based out of Dublin, Ireland. I'd like to be able to sell our tour tickets via facebook and I am wondering what is the best way to do this ? We have a facebook business page. Do I need to use a 3rd party service like Shopify to do this? or is there a native facebook solution. All advice welcome , I'm trying to make it as easy as possible for a customer to buy a tour from us. Thanks, Fionn [link] [comments]  |
| Posted: 29 Jun 2018 04:47 AM PDT I've been doing graphic design for print materials, websites, etc. for years on the side, but I just created my LLC a few weeks ago because of a verbal commitment to create a $30K website for a very large client. I'm in the process of getting that commitment on paper, and then, it's off to the races. But, the website is bigger and more complicated than I've done before and will need to subcontract portions of it out to get it done on-time (and flawlessly, I'm not a SQL guy and this site will have a large database component). What's the best way to solicit bids, talk to folks about my needs for the site, and eventually sign a subcontractor without that subcontractor contacting my big client directly? I'm familiar with non-disclosure agreements, but can't get one as we initially discuss the project... and the project is specific enough so that any subcontractor I speak to could find out who the client is as we haggle over the details. I can't be cut out of this deal... but I can't do the work completely on my own without help. [link] [comments]  |
| A Unique Marketing Idea for a Restaurant Posted: 29 Jun 2018 12:53 AM PDT Hello everyone. I'm the son of a successful Restauratuer, and given my business background and marketing courses that I've taken in college, I've been trying to elevate our branding and advertising game. My family owns a rather successful and well known (in our area) fine dining restaurant. I'm currently in the process of introducing gift cards since it's a pricey and often celebratory type restaurant and I thought about the idea of partnering with local car dealerships. More specifically, do you think I could go to a local car dealership (we have a Mercedes dealership nearby) and somehow organize something where we could leave a sponsored message in each new Mercedes sold with a gift card and letter, congratulating the customer on their new vehicle, offering them to celebrate in style at our restaurant? Is this feasible and how would I go about this? [link] [comments]  |
| How to deal with shipping & receiving for side-business when working full time Posted: 28 Jun 2018 07:52 PM PDT Hello all, I am currently setting up an online store for resale of products and am wondering what my options would be for receiving and shipping goods while working full-time. I will be buying in bulk so most probably will have to be receiving large packages or even pallets. What are my options for dealing with this? The biggest issue I see is not being home when the truck passes. The truck can unload with its tailgate but I cannot expect them to just drop a pallet in front of my driveway can I? How do you guys deal with this? Thanks! [link] [comments]  |
| Start selling before the LLC is ready? Posted: 28 Jun 2018 09:34 AM PDT I'll be dealing with private label products. I'm currently at a stage where I have an LLC formed but still need to receive an EIN number and a busienss bank account. The supplier is already waiting to start business. Can I start with the first order with my personal account or wait until I have a separate business account? Thanks in advance [link] [comments]  |
| Is justworks like ADP? Or do they do more like a bookkeeper? Posted: 28 Jun 2018 01:34 PM PDT |
| Should small businesses really switch to solar power? Posted: 29 Jun 2018 12:55 AM PDT Considering the benefits of solar energy, should businesses install solar power when they're just starting out? Have any of you installed solar panels for commercial uses or used solar power to reduce energy bills in any way? Would love to have a discussion about this! [link] [comments]  |
| Question about how to assume Projected Costs Posted: 28 Jun 2018 03:46 PM PDT Hi all, TL/DR: I am trying to figure out how to project COGs for a potential new location when my very long-running business has a not very detail-oriented set of books right now. I own a small, successful cafe business with two locations. The company is 20+ years old and my business partner has been a 50% owner of it for all that time. I have been a 50% owner for 4.5 years (whoa) since I bought his original partner out. We opened our second location two years ago and I run it while my business partner manages the first location. We were recently approached about taking over an existing cafe as a third location. I am currently working on financial projections to see if this place could be a good fit/profitable for us. IE: I am looking at revenues from our current locations and sales numbers from the last operator of the new potential location to help me make a series of monthly revenue projections for each of our locations. Inventory costs are not as cut and dried however. My partner has been doing this for so long and stuck in his habits that we don't keep detailed costs for inventory used only at his location AND don't transfer inventory taken from LOC1 to LOC2. The theory is, if it can be used at a different location if one of the other two suddenly closed, we just charge it to the biz as a whole. So we know what percentage of overall revenues we spend on goods and because I keep less formal books for LOC2, I know what my percentage of revenues I spend on stuff that expires daily/weekly and couldn't be used elsewhere along w/other fixed costs. So for planning purposes, I assume that my COGs at LOC3 will likely be 40% for location-specific goods because that's what I do now at LOC2 (the two will be VERY similar). But this does not include the cost of things like paper bags or sodas or drink flavorings. Those costs are charged to the business as a whole so on my annual P&L we show a much higher COG that includes mine, his and the ones we share. How would you account for this in a spreadsheet where I have a line for revenues and a line for inventory costs at each location? If biz COGs overall are ~10% higher than LOC2 COGs, would you split the difference on the line for LOC1? Would you just do one line for expenses that uses the biz overall COGs percentage? Or would you do something else? Thanks for reading and any assistance you can provide. [link] [comments]  |
| What title should I give myself? Posted: 28 Jun 2018 10:53 PM PDT I have an idea for a business I would like to get going. Basically I started my career going down the path of a software developer. I eventually realized that I really didn't like coding and prefer to work with people instead. So what I would like to do is leverage my tech knowledge and my skill with people to help small businesses integrate technology into their processes in order to save money. In a nutshell I would:
My question is, how do I fill in the blank here: "Hello, I am a ____" I know other people must do this sort of thing, I want to find them so that I can learn from how they do business. I just don't know how to search for my competitors because I don't know what this is called.
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| [motivational] having the guts to say NO!!!( no link) Posted: 28 Jun 2018 07:17 PM PDT NO! . Our concept of discipline is really misunderstood , discipline , is more like a self love than a punishment, It is not a punishment, we have to reframe our minds to thinking "discipline is a positive thing" . Pretty sure most of you know this , discipline is = to freedom, its the ability to love your self through the concept of Abstinent, Stop🚫doing things that is not in your best interest, Leaning to say NO! ~ Learning to say NO... Is saying yes to Freedom ~ Its the pleasure of seeing your dreams transpire into reality, To not get drag into doing things base on your, Emotion😱, Your the obstruction, 🚧 Your mind , if you cant win your mind , you can't win the world. (Period) . Hey 👋 @kevincdiez here , this gift of mine , my ability to create and invent something soo beautiful that will change people's lives , is a gift , and the opportunity to share it my perspective with you guys is , humbling enough, just so grateful to have your attention and somewhat I'm bringing value,😄, This is @kevincdiez saying much love ❤ be blessed , stay classy , CAO K.C . . . [link] [comments]  |
| Any programs that make expenses/client tracking easier? Posted: 28 Jun 2018 06:11 PM PDT I'm helping my dad out with his bookkeeping for his auto-restoration business. I just have no idea where to begin to simplify things and help him out. He employs roughly 6 people full time and usually has about 3-6 projects he's working on at a time. His clientele require thorough money tracking—exactly where it's going in their vehicle (parts, paint, fabrication, etc.) because of how expensive (and time-consuming) auto-restoration can be. Right now, my dad has a system of each client/car getting their own spreadsheet file with long columns of hours and parts all added together, large stacks of various receipts, and online tracking of his visa. Then he has a separate spreadsheet for overhead. All together, he has maybe 7 spreadsheets opened up at a time and he moves numbers around between them. I don't know anything about bookkeeping. He's asked me to help him out because he spends 2 hours a day messing with these spreadsheets. Then another couple hours a day either dealing with clients walking up to the shop or calling him to find out exactly what's being done on their vehicles. He hardly has anytime to supervise or work on cars himself. Are there any apps or programs that'll make this easier?? What are some resources I can dive into to learn more? Thank you! [link] [comments]  |
| Forming a holdings company for multiple businesses that are currently sole prop? Posted: 28 Jun 2018 05:59 PM PDT I currently have 2 businesses, am in the planning processes of having another one starting later this year, and have a current tentative roadmap for a 4th within the next two years. All four are completely different businesses; One is branded marketing production (stickers, shirts, etc), one is online retail, one is services, and one is food manufacturing. My two current businesses are registered as Sole Props directly under my name, but I have been looking into and considering opening a holding company and moving everything under one roof. I had a few questions concerning it.
I have a feeling getting this deep into is definitely something I should consult a professional for, but I figured I would ask here first. [link] [comments]  |
| Lost supplier, having no luck with Alibaba. What's the next step? Posted: 28 Jun 2018 09:10 AM PDT Heya, first of, apologies for any formatting errors; on mobile. My partner and I run a small dice making business on Etsy. We're doing well enough, but recently lost our supplier as they no longer carry the product we need (basically colored cubes of a certain type of plastic). We then made contact with a few people from Alibaba and successfully completed an order, but while their product technically works, is a little low on our quality standards. We also contacted several American suppliers, no go. We're having a hard time finding anyone else that we can communicate well with and will accept our minimums at this current time (1000 pcs of several colors, but our business is definitely growing and our minimums will increase eventually). We will run out of our stock soon. Would it be prudent to hire someone to help? Should I just accept what we can get because of our minimums? Any help is appreciated. [link] [comments]  |
| Posted: 28 Jun 2018 03:00 PM PDT I have some inexperienced friends who are looking into buying a family-friend owned business and are seeking some answers they can't obtain from the seller. It's got an estimated value, or asking price, of around $400,000 including all equipment. They are a licensed business and have all the licenses required to operate. They generate around $250,000 revenue per year but have not paid ANY taxes in 12 years. They have no records of any purchases, customers, payments, inventory, or virtually anything else. They also do not have separate records for business or personal finances. If this were not someone they knew personally it would come off as a scam because there are no records of anything. They do have proof of that at least because the company supports 3 separate families based solely from that income. Is there anything they need to know, or can do in order to make this work? Is it even possible? What kind of IRS implications could come from this transaction? Is there any advice they can give the seller to help them fix things on their end? Thanks for any advice. [link] [comments]  |
| Posted: 28 Jun 2018 02:49 PM PDT I have some inexperienced friends who are looking into buying a family-friend owned business and are seeking some answers they can't obtain from the seller. It's got an estimated value, or asking price, of around $400,000 including all equipment. They are a licensed business and have all the licenses required to operate. They generate around $250,000 revenue per year but have not paid ANY taxes in 12 years. They have no records of any purchases, customers, payments, inventory, or virtually anything else. They also do not have separate records for business or personal finances. If this were not someone they knew personally it would come off as a scam because there are no records of anything. They do have proof of that at least because the company supports 3 separate families based solely from that income. Is there anything they need to know, or can do in order to make this work? Is it even possible? What kind of IRS implications could come from this transaction? Is there any advice they can give the seller to help them fix things on their end? Thanks for any advice. [link] [comments]  |
| Posted: 28 Jun 2018 02:12 PM PDT This is sort of an odd question but I really can't find any posts here or on the forums elsewhere to give insight so I figured that I would ask. I run the family business, though my parents own 4/5s of it still and I've just bought out my uncle's 1/5, we are actually doing quite well, in 2003 we had 14 competitors within 5 miles square of us and now only one of them is still afloat and has changed direction such that they're no longer really competitors, however due to materials and labour costs this is and has always been a low profit margin industry, so we don't have tonnes of cash to throw round on non-essentials. Our administration secretary of 55 years died 16 months ago, and about a year ago we hired a new employee fresh out of university to replace her. She's good at what she does and cares about the business, so it seems, however she keeps doing this thing that I am finding very bothersome, she won't let up about "modernising" our administrative system and moving from paper to the computer. It would certainly make her job easier, but as I said the business is doing well and there seems to be no pressing need to change this aspect of our business as it is working fine for us and we haven't had anything happen that has demonstrated that we need something better, thus I cannot justify spending thousands of pounds on technology to fix what isn't actually broken at all. I've told her just as much, that she has been doing a good job with what we do have and since we're the last man standing as competition goes (and I know for a fact that some of of our former competitors threw thousands into attempts to modernise and keep from going under, before doing just that), the fact that we're more analogue than digital hasn't seemed to hinder us. However, even with my forceful no's she has kept on pressing, and in the last two weeks since we last discussed this (and it got more heated than usual, she raised her voice at me and later apologised) I've noticed a decline in efficiency from her, and I wonder if she might be purposefully doing a less than great job to prove a point. How do I approach this? [link] [comments]  |
| How to setup your business before you pick a location? Posted: 28 Jun 2018 01:52 PM PDT Hey everyone, I have two remote employees in a Deleware C corp, and we're applying for incubator programs all over the country. We'll likely relocate to the location of incubator to set up our office. That being said, I'd rather just not set up a "doing business as a foreign entity" thing in any state until we capitalize or launch. But I still need a bank. Are online business banks a thing? Is this feasible? [link] [comments]  |
| Posted: 28 Jun 2018 07:25 PM PDT BusinessNewsPlus.com is live! https://flippa.com/9826975-businessnewsplus-com 100% autopilot Business news website, about Business, Finance, Investing, Earnings and more. Daily updated and articles are being automatically added every few hours, based on your favorite time frame. As I mentioned in the description, this site is Optimized for for Clickbank, Google Adsense, Banner Ads, so you can start advertising it straight away. This website also has Amazon affiliate products, all you need to do is to change your associate ID to get a commission for every sale made. You can ask me if you have any questions [link] [comments]  |
| Photography company do I need to become a foreign LLC? Posted: 28 Jun 2018 12:51 PM PDT Hello, I own a real estate photography company based out of Maryland. I sometimes will photograph properties located in DC or Va. Do I have to register in DC and VA as a foreign LLC? My home and office are located in MD and I am only at the properties for an hour or two. Any advice would be appreciated! Thanks! [link] [comments]  |
| Posted: 28 Jun 2018 10:10 AM PDT Hey all! So I don't know if this the place to ask but maybe it will put on the right path. I have a small media production company and we do live events one of which is Woo-Hoo Classic Simpsons trivia at an barcade in Tacoma,WA. We just learned that a brewing company in Tacoma has put out a beer with a Simpsonsonized version of the owner on the beer and thought why not help sell each other. I'm in the middle of setting up a meeting with them but wanted to know is it smart to go in with a contact agreement or talk to them first. And if a contract what kind? PS: At the barcade we host at they sold out of that beer in the first week apparently ( granted it was small shipment) Thanks for the help all. [link] [comments]  |
| Question for micro businesses esp sellers Posted: 28 Jun 2018 09:12 AM PDT Hey all This is especially if you are a retailer of any kind of physical product! Whether you sell on Etsy, at market stalls, craft fairs etc. Not talking to drop-shippers ideally though... But equally happy to hear from service providers like photographers etc :) Which parts of your business cause you the most headaches? Have you had a business that failed because of any of these not being managed well? If someone could give you a "how to.." handbook on any of these which would it be? Or is there another element entirely you think I have missed? Lot's of people will want to say marketing but that is covered in lots of other discussions and forums
I've worked for huge retailers in the UK on all of the above and I am interested in how small retailers approach this stuff. For context (and as a commentator asked) - what do I mean by Micro. I live and work in the UK so am using the EU definition Micro < 10 employees Turnover≤ €2 million Balance Sheet≤ €2 million A [link] [comments]  |
| How to implement metrics in a small business? Posted: 28 Jun 2018 08:40 AM PDT Hi, I'm striving to manage my business by objective metrics to be able to monitor its health and optimize growth potential. There are business books I read on Lean and Six Sigma and such that rely on metrics for management. But these are addresses to executives in large companies that assume that there are some metric systems already in place. The E-myth book talks about metrics as a necessary tool for a small business, but doesn't go into the details on how to implement these and also too dated to talk about current IT tooling to achieve that. Looking to measure sales funnel for products and services, customer satisfaction, marketing efforts efficiency, costs, inventory, etc. Any recommendations on books, articles, products, practices on metrics for a small business would be greatly appreciated! Thanks! [link] [comments]  |
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