Many new business owners reach a point where they ask "What needs to be done to accept credit cards?". They realize that by not accepting credit cards, they are losing sales, and in turn, profits. Signing up with a merchant processing company is not difficult to do, and the benefits are endless. But, many business owners make the mistake of creating a merchant account with the local bank.
Imagine what it would be like if you couldn't see any of the gauges on your car's dashboard. How would you know how fast you were driving? Or, when to fill up the gas tank? Okay, so we can just drive at the same speed as the rest of the traffic. And, we could fill up the gas tank every trip we make. How efficient and productive is that? There's a term for doing what everyone else is doing - AVERAGE!
In today's economy, as industry giants are faltering, much of our hope rests with the small and medium sized business owners across the country. Small businesses have the ability to adapt to the current economic environment and provide consumers or other businesses with exactly what they need at this integral moment. Small businesses can rapidly change direction and point their bottom-line at goals that fit niche necessities.
In the last couple of months many people have been made redundant because or big companies losing money and going bust. It is likely that most of these ex-employees did not expect this sudden change in their living and don't have much to fall back on. The cost of living is just too much for us that many are asking themselves right now if their jobs will still be there tomorrow.
If you're like me you simply want to do great work for great customers, earn an honest income and make your business more profitable. The fact is that to achieve this you need to plan your work and work your plan. Without a well thought through plan your dreams can quickly turn into nightmares. Your Business Building Plan is your road map, showing you the route to take, where it is you want to be and how you're going to get there and achieve your goals.
It's pretty common knowledge that a ridiculously high number of small businesses go belly up withing the first couple years. The number most often thrown around is 90%, give or take. I imagine there are a variety of different reasons given for such a dismal success rate. Poor location, the economy, the banks... I'm sure the blame gets spread around quite a bit.
In Sydney (Australia), there is a Gardening Expert called Graham Ross who hosts his own "Garden Clinic" program on one of the local Radio stations. Graham Ross is also a well regarded TV personality, where he features on a weekly national Home & Lifestyle television program. In a recent radio interview, Graham was asked his thoughts regarding the impact of the Global Economic Crisis and Recession on the Gardening Industry in Australia.
Have you lost your job or think you may soon be laid off? Are your work hours cut back? You need to make money soon. The panic starts to set in as you search through the want ads, the internet and ask everyone you know if there is any opening somewhere for you. What are you going to do? First, I'm going to tell you what you are not going to do. You are not going to sulk and mope around the house all day.
A jewelry booth can be transformed into a cash cow with the aid of a good guide detailing all the particular requirements and providing good ideas to promote your merchandise. Let's face it, most of us just want to create our own wares for the pure enjoyment, but we all still need to be competent at selling them. And the reality is that it will almost always be necessary for us ourselves to sell at fairs and festivals, as well as online.
Once you have everything clear in your mind, a jewelry booth business becomes a pleasure. Too often there is too much vagueness about how to go about certain aspects of running a stall which just add stress and anxiety. Let's face it, most of us just want to create. But to continue to feed our artistic bent we also need to make an income from our designs.