• Breaking News

    Monday, November 2, 2020

    Business Pivot till you make it.

    Business Pivot till you make it.


    Pivot till you make it.

    Posted: 01 Nov 2020 09:51 PM PST

    Google ad costs, not its alleged monopoly, irks businesses

    Posted: 01 Nov 2020 08:38 PM PST

    How to make one hundred thousand dollars in a year?

    Posted: 02 Nov 2020 02:02 AM PST

    Suggestions to manage your teams in WFH - social integration, social bonds

    Posted: 02 Nov 2020 01:52 AM PST

    Hello entrepreneurs!

    I'm facing this problem in this WFH situation (due to covid) which I believe will not go away anytime soon. How do you all continue to get the team maintain social bonds and remain connected?
    Now that it is WFH, it is very easy to be purely work oriented. There are no more watercooler chats and interactions....
    Especially for new employees that come in, I find it really hard to get them to get truely bonded to the team, aside from just more serious workplace relationships...

    Any suggestions on tools/apps/strategy/platform you all you? Any ideas are appreciated!!

    submitted by /u/daryllman
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    Are cat cafes successful?

    Posted: 01 Nov 2020 11:18 PM PST

    I'm thinking about maybe opening up a cat cafe in the future. i'd want it to be successful though but i'm not sure how successful a cat cafe could get. is it a good idea?

    submitted by /u/mishka_xoxo
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    Are cat cafés successful?

    Posted: 01 Nov 2020 11:17 PM PST

    I've been thinking of opening one with adoptable cats in the future. i'm not sure if it'll be a good idea or not. I'd want it to be successful. But i'm not sure how successful cat cafés are.

    submitted by /u/mishka_xoxo
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    HELP!

    Posted: 01 Nov 2020 09:04 PM PST

    Hello all. I figured I would refer to reddit to seek help with this college project of mine. If any business owners out there (large or small) view this please respond. I have a group presentation due soon and we are required to interview a business owner/manager and ask basic questions. I was thinking about a google meet or a zoom call with myself and my group (and you of course). Thank you.

    submitted by /u/easybuzz
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    "Professional Looking" Production

    Posted: 01 Nov 2020 04:59 PM PST

    I have this great solution to a problem, but right now it's only plywood, 2x4s, PVC, and wood screws. Who should I contact about producing an "official" product?

    submitted by /u/ExcalibursForce
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    Business Owner (Not Me) staying open after employees test positive for COVID-19

    Posted: 01 Nov 2020 12:38 PM PST

    I'm not sure if this is the place to post this, so, sorry if it's not, I just want to vent and also hear what others would do in my situation.

    I work at a local, family owned restaurant, and this past Friday, and employee called in saying he tested positive for Covid-19. This employee works pretty much everyday, and is also our dish guy, so he is constantly handling our dishes, that not only BOH and FOH employees touch, but customers touch them as well. At first, the boss wanted us to stay open, but me and the Kitchen Manager convinced him that we should all get tested first, and we should close for the rest of the day and Saturday until results come in, and he came around to that.

    Well, after all of us got our results in, one more employee came back positive, this employee has a younger brother who also works there, whom he gives rides to work, and they both most likely took their tests together. Both also came up to the store Friday to help clean up and sanitize...

    The younger brother came back negative, but, I believe he has a a very high chance of being positive in a few days. I talked to the KM and he said he will continue to schedule the younger brother, because the boss man wants him to.

    I told the boss and KM that we should close for the 14 days necessary, get FOH tested as well (which, the boss kept them in the dark on the entire thing, so, clearly, none got tested). And then open back up accordingly, both disagreed and are making us continue as planned.

    What should I have done, or what should I do?

    Again, sorry if this is the wrong place. I couldn't really find anywhere else.

    submitted by /u/xskipperl
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    Best business i dea

    Posted: 01 Nov 2020 01:31 PM PST

    Hello everyone, hope you're doing well

    Actually i need your ideas about new business , as you know most of people lost their job in 2020 , so please share your ideas.

    submitted by /u/Agitated_Ad9865
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    Where would I put "Logo Design" on the three financial statements?

    Posted: 01 Nov 2020 08:38 AM PST

    So far the only thing I have paid for my business is for a freelancer to design my business's logo. Where would I put "Logo Design" on my income statement, balance sheet, and cash flow statement?

    submitted by /u/techsavvynerd91
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    Why would there be 4 jewellery stores in the same hall in a mall?

    Posted: 01 Nov 2020 02:39 AM PST

    From what I understand about competition, you want to be a decent distance away from competitors if you sell very similar product. But I go into the mall and keep seeing 4 Jewellery stores in the same hall, 2 pairs directly across from eachother.

    Is there any benifit to that, or do you think there's something else is going on?

    submitted by /u/CAT-CENA
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    FUCK Corporate America slavery

    Posted: 01 Nov 2020 05:36 AM PST

    A friend asked me to reflect on leaving Corporate America a year ago: "How do you feel now that you've had some time?" My response:

    I feel like corporate work is retarded. Especially after reading the book "Sapiens", it seems history repeats itself in a cycle of humanity overall improving at the expense and suffering of the individual.

    I was having health issues and could go to the gym because my job had me working late into the night. Dealt with dumb people and 'worked hard' for a limited salary which did not reward quality work.

    Had to live like people who did not have the same values as me. Everyone was happy working up the 'corporate ladder' and it made me sick.

    Attending fancy events, going to expensive dinners, clubbing with stuck up bitches, then getting my soup sucked out for 13-16 hours a day to get fat and depressed didn't appeal to me.

    If I was getting laid as a result it would be another story but work was making me lose hair, get fat and depressed, and I had no time for dates so... it was making my life worse in every way.

    The extra money I was making working that job instead of a regular 40 hour job was spent at strip clubs, on prostitutes, and overpriced drinks and club entry fees. It was a destructive lifestyle. The mental burnout was unbearable and all I ever wanted to do was sleep.

    Sacrificed my personal life to put in extra effort at work just to get a bad review for 1 mistake on 1 project. Yeah fuck that!

    When I graduated in 2013 I thought if I focused on a career and earning money I would have a happy life and easily get women but realized in 2016 that was a lie.

    Felt like I was wasting my time and not getting out what I put in. So I walked away.

    Plus the culture was stupid and outdated. The showing up early, working late, wearing a tie "The client is always right" (years of experience> actual competence) was frustrating to operate in.

    In hindsight I feel the exact same way now, as when I was working.

    submitted by /u/MakeItStopWhen
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    Bread Seller

    Posted: 01 Nov 2020 02:24 AM PST

    I'm working middle management in a SoCal supermarket and recently I'm given charge of a bakery inside the store. My responsibilities are ordering and selling (finished and semi/finished products depending on category), scheduling for employees and checking for compliance with health department and company regulations. The second and third parts are easy. The problem is that I have no idea how to make or sell bread.

    From my previous observations of this bakery, I know that:

    1. The products are subpar quality both for their taste and visual appeal and there's not much to be done about it because the bakers must cook according to a strict SoP designed by HQ. The price tags for these shitty breads are not cheap. The profit margin is thin because of the high cost HQ charge us.
    2. The employees are mostly bored women in their 50s waiting for retirement. Minimum wage with no chance for raises and being short staffed means that they are not at all motivated to work harder than normal or take on extra responsibilities. They're also prone to get in arguments about "who does what and what isn't my job" with one another.
    3. Among other cheat tactics, HQ would occasionally force shit products that nobody orders to the bakery and charge full cost (or a generous 5% off) for it, all the while demanding sales and profit to grow because of the "extra push".

      I don't know the products (~400 total, of which ~200 are being sold regularly), I don't know the baking process or how much work it takes to produce. I'm not a shopper, I don't follow sales, I don't know what's attractive to customers because I'm never attracted as a customer. I always buy what I need when I need and bread's never been on that list. I'm also terrible at shilling products to strangers. I'd tell the customer that the bread is shit and they can get something better for cheaper next door.

    I'm used to mostly pushing papers and handling maintenance, HR and customer service. I have access to the store's finances and have looked in to it, but not so much as to be very familiar with it. I still keep my old responsibilities so I've only got about 3 hours a day to learn and run this bakery.

    Any suggestions on what I should work on and how would be greatly appreciated.

    submitted by /u/Triggeredandmadethis
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    I am trying to open a phone reselling store

    Posted: 01 Nov 2020 02:15 AM PST

    I'm wondering if I keep my own stock I would presumably go bankrupt if no one buys. 1. How does other stores work around this situation? Do they return phones to parent company? 2. How to make profit from this kind of business?

    It will be of great help if I get some tips and ins outs of this store business mechanism. Thanks in advance for comments!

    submitted by /u/eraico
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