Generally, what are the WORST, least profitable businesses? small business |
- Generally, what are the WORST, least profitable businesses?
- Yelp flagged our business.
- How to offer healthcare?
- Certifications that lead naturally in a business I can start
- Town Construction ruining my families’ restaurant business
- Can you start a luxury fashion brand with £50k?
- Client passive aggressive
- Company just for invoicing
- Problem Clients-- The worst of the worst. What is your story?
- Leasing company owned vehicle, to myself?
- SOLO 401K Question
- Turning a hobby into a small business (again)
- How to start a travel agency?
- How to validate?
- Literally how does shipping work?
- We have just launched 20+ Apps on Shopify in CommerceXpand
- Where Do You Find Customers on Reddit?
- What content creators / thinkers have you found most useful for your small business?
- Stuck!
- Top 10 Industries That Must Implement An ERP Software
- Facebook ads for dummies
- What to do with warehouse space?
- Shipping problem
- social media organic reach
- Starting a floral new business ��
| Generally, what are the WORST, least profitable businesses? Posted: 01 Jul 2021 08:49 PM PDT |
| Posted: 01 Jul 2021 09:23 AM PDT This is speculation. But, this is too much of a coincidence. Our business got a email from Yelp thanking us for joining there service. The thing is, we never joined. The very same day a man calls saying he is a sales representative from Yelp and gives his Whole Spiel. I politely declined. The next day, our google business was flagged and taken down. We're contesting it. But, it says it'll take 4-6 weeks. This is awful. [link] [comments]  |
| Posted: 01 Jul 2021 06:01 PM PDT I own a small (3 van) electrical services contractor, and with the current state of labor, I am finding it difficult to impossible to recruit new employees to grow my business. I have curated and excellent list of clients in the top 1%, but my rates are some of the lowest in my area. Last month I just reviewed my rates against six of my competitors and I am 30% lower on average. I have not had a rate increase in the last 5 years. I just raised my rates 20% so I can devote most of that to top-talent, and I am reducing my draw so I can offer even more to potential employee's. I start at $18/hr for an unskilled labor\helper, up to $40/hr for very experienced Journeymen or Master Electrician. It cost's me about $75/hr to run 1 truck and 1 man, but costs have gone way up in the past 6 months. I find I am loosing candidates to the big (50-200 van) electrical service contractors because I do not offer healthcare. I am even loosing to (and hiring from) temporary agencies because they can offer healthcare. Every applicant I have talked with says healthcare is the deal-breaker. The temp agencies offer healthcare that is 100% employee paid via Obamacare. It's on the "healthcare" moniker that I can't compete. I was paying more than almost anyone in my area pre-Covid. What secret or knowledge am I missing to offer some type of healthcare that doesn't put me in negative margins? This was not an issue pre-Covid. I've marketed to hiring persons that don't need healthcare (veterans) but I cannot seem to entice enough of those applicants to apply. TDLR; Small Biz owners, how are you offering healthcare that keeps costs under control? Location: Dallas-Ft. Worth, TX [link] [comments]  |
| Certifications that lead naturally in a business I can start Posted: 02 Jul 2021 03:36 AM PDT Currently I have a marketing/management degree doing outside sales but I want to start a business. What would be a certificate or program I can obtain or attend that will lead into a business I can start afterwards. An example would be if I get a hvac certificate then I would be able to start a heating and cooling business. Preferably though I would not want to do manual labor [link] [comments]  |
| Town Construction ruining my families’ restaurant business Posted: 01 Jul 2021 06:13 AM PDT Hi all, first post here, small backstory for context: My family owns a small restaurant in a beach town in Massachusetts (which is a seasonal summer tourist town, the busy time is now) we managed to survive through the skin of our teeth this whole pandemic (so far) Now our town was deciding to essentially remodel and renovate the town this summer (it's mid-construction now) this includes but not limited to; -rebuilding/ putting in sidewalks -repaving roads
Issues our business is having: -Roads (the exact one our business is on) and some exits of our property have been blocked to make way for the construction trucks and so they can do work, but it has made food/beer deliveries near impossible because nobody delivers restaurant supplies by the time the construction is done for the day (and the road is closed after construction anyway)
-emergency exit is blocked, as well as the street it exits to THE MAJOR ONE So one of our back entrances HAD a concrete "step up" into the back door (where the kitchen is), to combat flooding from the ocean/storms, they eliminated this "step up" -The new sidewalk "butts up" too high and is incorrectly pitched (it shouldn't even be that high anyway against the back entrance of the building (where the kitchen is) This incorrect pitch caused a severe rainfall last night to flow down the sidewalk and essentially drain into the kitchen flooding it so much that the water was going all the way into the restaurant seating area Fixing this will probably push back the completion date further (if they even decide to) and i can't wait to see what future surprises this construction will cause if Covid doesn't kill our restaurant , this might be the nail in the coffin for us Is there anything we can even do? TIA (sorry for the long post) [link] [comments]  |
| Can you start a luxury fashion brand with £50k? Posted: 02 Jul 2021 02:54 AM PDT A luxury clothing brand focusing on a single type of item done well (i.e. scarf or beanie hat); manufactured sustainably (in the UK), with a high end target market. Assuming the demand is there - is this enough capital to give it a good go? What would be your first steps? Situation: £50k cash No experience in fashion industry, but plenty in marketing products Could start full time on project almost immediately No wage necessary for ~9 months [link] [comments]  |
| Posted: 01 Jul 2021 05:57 PM PDT Tldr; good client may not be forthcoming in working with us, what to do? Hearing second hand a good client of ours wanting to offshore our work to save money. Also hiring the skillet in house they are paying us to provide. It's unclear what role, if any, we might play in future. But hearing this through people and not directly. They have been unusually passive aggressive in interactions lately on engaging in other projects. We have walked through hot coals for them for 2+ years. We need them as a reference. Would you call them out on this (hey, I'm hearing these rumors, can we talk asap) or more indirectly (lets catch up) or not at all? Their hesitation and now rumors from this person are impacting my planning process as well as future forecasting process. It impacts my people. The source of the info is one of their junior employees sharing internal plans with my right hand. Luckily my right hand has a great relationship with the junior person and she shared what the junior person was saying to me. WWYD? [link] [comments]  |
| Posted: 01 Jul 2021 10:13 PM PDT Hello looking for advice, we are a group of 1099 contractors who work in the medial field who want to join together. By joining forces we can leverage our numbers to negotiate a per case contract for everyone involved. Everyone wants to stay independent of each other but want to invoice the hospital as whole group to keep invoices to a minimum. How can we create a company only to use for invoicing, and contract negotiations? [link] [comments]  |
| Problem Clients-- The worst of the worst. What is your story? Posted: 02 Jul 2021 05:30 AM PDT My partner and I run a side business making websites for small businesses and gross roughly ~100k/yr (only mention this to put our size into perspective). One of the things we offer is we give clients our personal cell phones so they can call anytime for emergencies (site is down, payments wont process, etc). We have done this for 3 years and never had a problem and to my surprise this was always respected. Last week we sign a client (young guy with alot of money, parents?) who was adamant on getting his site launched asap. We obliged, worked around the clock all weekend and were highly responsive to get his site launched. Wednesday we launch it and everything is good. 6 am the next morning our phones start blowing up. "The logo is blurry and we need to fix it I thought communication was going to be better than this it was last week why isn't anyone answering?" Followed by a half dozen phone calls and texts saying the same. He did this all day until 8 PM while we were servicing other clients in the queue. I finally had a come-to-jesus talk with him to make him understand that this was unacceptable and he was being unreasonable. He claims to have gotten the picture but time will tell. All it takes is ONE bad customer to ruin something for everyone so be careful setting the standard for ones who could be a problem in the future. I know some will come here and say giving personal cell phones are completely on us and you're right. However we are in a smallish town and work with service based businesses who don't really do computers much and are always on the road. What is the worst customer experience you've ever had? [link] [comments]  |
| Leasing company owned vehicle, to myself? Posted: 02 Jul 2021 05:27 AM PDT Okay so I own a towing company bought a vehicle at auction but the paperwork came in my company's name not my name, so I had to title the vehicle in the company's name. This vehicle has recently been repaired at a shop and is ready to hit the road but I need to put a plate and insurance on it of course. Insurance through my company is like $1600 a year because it's considered commercial, but privately would be around $400 a year. Not knowing if we're going to keep the vehicle (wife might not like it) I don't want to sell it to myself pay the title fees again only to find out she doesn't like it. So my proposed solution is to plate it under the company, and lease it to myself then put non-commercial insurance on it. Any reason I can't do this? I've written many a bill of sale, and don't think a lease document needs to be too overly worded in this situation. "Company x leases vehicle y to individual z on a month to month basis for $xxx.xx a month. Lessor is responsible for all damages and must carry insurance." Maybe more a question for a legal forum but figured I'd try here first. Thanks! [link] [comments]  |
| Posted: 02 Jul 2021 04:57 AM PDT We have a C Corp with a solo 401k from Vanguard. 1 employee / owner. The employee would like to defer 100% of compensation to the 401k, up to the max which she has been doing with the exception of a few paychecks earlier in the year. . Is it allowable for her to deposit the net, after tax paychecks she received earlier in the year back into the 401K, thus reducing her taxable W2 earnings for 20202? In other words, she wants to return the pay she received outside of the 401K in order to lower her tax liability. [link] [comments]  |
| Turning a hobby into a small business (again) Posted: 02 Jul 2021 12:33 AM PDT Hi! I had a small business and etsy store about 3 years ago where I made resin necklaces/needle minders, jewelry using gemstones, and other things like cotton purses. It wasn't really doing well at the time but I enjoyed making things, and still do. I became unwell so had to stop, and I lost a lot of interest in the business/hobby aswell. I had a Facebook page, and Instagram (both had under 100 followers with a few reviews) and being in a pit of very bad mental health I deleted them, which I regret so much. I'm back to kind of good health, and feel like I want to start it up again. Thing is with my health conditions I can get unwell without warning (like most illnesses), but I am worried go back to finding it very monotonous (I know owing a business, this feeling is very common), but its always been a dream of mine to sell things I enjoy making. I also have a bad time with confidence and doubt myself a lot. If anyone here has stuggled with similar I'd appreciate some words of wisdom/advice. Thank you [link] [comments]  |
| Posted: 01 Jul 2021 06:14 PM PDT Sometimes I get the idea to go against the grain. Travel seems to be very self serve these days but corporate travel is rarely self serve. Wondering if it's a non-starter to try to get a business going catering to business travelers as a dedicated travel desk? [link] [comments]  |
| Posted: 01 Jul 2021 08:22 PM PDT I'm not sure I'm going about validation the right way. I want it to be close to zero cost but if there's a proven method of how to reach out to my target group for feedback then I'd be inclined to fund it. Does anyone know a good way to get validation from any age or sex group in America, preferably PA/NJ/NY area that is looking to start a business? [link] [comments]  |
| Literally how does shipping work? Posted: 01 Jul 2021 09:54 PM PDT I'm not sure where else to ask this, but can anyone point me in the direction of how best to start shipping in bulk? I'm an artist and have mailed plenty of my work but always one-two at a time, now thanks to an upcoming event I'll have 20-50 pieces going out at once and I have to have tracking but I can't imagine that going through one by one at the post office is the way to go about it? Any help is much appreciated! [link] [comments]  |
| We have just launched 20+ Apps on Shopify in CommerceXpand Posted: 02 Jul 2021 03:46 AM PDT It is an answer for Shopify small business to run smoothly. Why don't you check it out all it's feature searching "CommerceXpand" in Shopify store. Most important thing is they are offering free plan for the starters as well. [link] [comments]  |
| Where Do You Find Customers on Reddit? Posted: 01 Jul 2021 11:19 PM PDT I'm still fairly new to Reddit and while I have success via Facebook and LinkedIn in terms of marketing, I haven't found many channels in which people are requesting services, if any. If those things are available, where would they be? To provide context, I work in the business consulting space, primarily in strategic planning and business plan creation. [link] [comments]  |
| What content creators / thinkers have you found most useful for your small business? Posted: 02 Jul 2021 02:00 AM PDT Hey, Interested in who people follow / like when it comes to ideas and content? I'll start... I keep coming back to these 6 people, all put out some great stuff for small businesses, all free...
Who do you guys follow? [link] [comments]  |
| Posted: 02 Jul 2021 01:13 AM PDT Hey all! The place I am from has land values sky rocketed by now. And I am thinking of getting into manufacturing and production of "something". But that "something" would require land,water and electricity. The basics. I am an Electronics and telecommunication engineer. But the degree is of no use to me. I got into a MNC last month. But all I know is I can't get the kind of money I want the way big shots around me has gotten from. The potential businesses I am thinking of ,by roaming around in industrial area near me , are RCC cement pipes factory, water bottle manufacturing plant, cement blocks for railway lines , print to packaging plant. The part I am stuck at is like any other person in this world will be at the beginning is : 1) MONEY / FUNDS Setting up a plant or factory in an industrial area would require lots of money for the major two reasons like LAND & Machinery 2) "SOMETHING" Idk what that "something" i should start with. Tbh, I can literally work with anything and I am adaptive cuz I am flexible in those ways. I have the guidance of making RCC cement pipes or anything related to making with cement. 3) Suggestions If you guys know people around you who have buisness that are manufacturing based and there products have great profit margins then please comment down below. Every suggestions of yours is valuable to me. So anything that you feel which is imperishable and easily manufactured and is in demand regardless of the conditions then do comment. [link] [comments]  |
| Top 10 Industries That Must Implement An ERP Software Posted: 02 Jul 2021 01:04 AM PDT Here is your Detailed Guide on Which Industries Must Invest in an ERP to increase revenue and manage the business in a better way. [link] [comments]  |
| Posted: 02 Jul 2021 12:19 AM PDT |
| What to do with warehouse space? Posted: 01 Jul 2021 02:30 PM PDT I own an 8,000 sq warehouse that I've been using for my woodworking business and leasing a portion of to another woodworker. The woodworker is leaving and I'm thinking about shutting my business down. Other than selling or leasing the building what other creative suggestions could I do with the property? [link] [comments]  |
| Posted: 01 Jul 2021 10:58 PM PDT I am about to launch a hot sauce brand locally and online simultaneously. I honestly don't see how people can do it. I am going to have to charge $8 per bottle to make it worth my time with all the work I put into it. People in the hot sauce world seem okay with paying that amount to get a carefully crafted sauce; however, looking at shipping prices, the consumer is going to have to pay around, on average, $16.75 to get a bottle. Obviously, it gets better the more bottles they buy, with 4 bottles going for around $0.60 more than a single bottle. I've looked at many different shipping options like pirateship, shippo, Envia, etc, but I haven't found anything where it won't charge the customer out of purchasing a bottle. Right now, I'm thinking of charging a flat rate of $5 for shipping for a single bottle, then increasing per bottle to $9 for two, $12 for 3, and $13 for 4. I would be eating the cost of shipping for a single bottle, but presumably make up for the cost when I sell 3-4 bottles. I see more established brands being able to get around $15 for their bottles+shipping on Amazon, but I'm concerned a new brand, like mine, won't be able to command that price. I'm coming to anybody here that may have an idea I haven't came up with yet to put it out, or give some advice. I'm very confident this sauce sells locally at the $8 price point, but have been concerned since I've started this journey about shipping prices, but have kind of been hoping I'd figure my way out of it by now. Thanks for the help! [link] [comments]  |
| Posted: 01 Jul 2021 04:10 PM PDT Hello, Does anyone whom has business pages and uses social media to try to market there stuff feel the almost crippling effect of these big companies like facebook etc censoring there reach to there audience? I guess im just curious if its just me or they are really forcing small businesses to pay to reach the audience that has choosen to follow there pages... I understand these services are "free" but cmon are they really....... [link] [comments]  |
| Starting a floral new business �� Posted: 01 Jul 2021 09:49 PM PDT Hey all! I just wanted to introduce myself to the space and say I am very excited to be part of this group and hope to learn from everyone. I just started a new floral design business and I'm looking for ways to grow my business and get more orders. If anyone on here is also a florist please feel free to give me any advice and tips, and any feedback on my work. My Instagram handle is @haus_ofbloom where I showcase all of my work. I would love to connect with others on this journey and learn as much as I can and also grow this business in the process. Please feel free to follow my page to give me feedback and tell me what I need to strengthen as I know that there's probably a lot. I'm new to this but very eager to learn. Thanks so much and hope to connect with you all! [link] [comments]  |
| You are subscribed to email updates from smallbusiness: Questions about starting, owning and growing a small business. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment