Here is a spreadsheet you can use to do your personal budget. Put your savings to-date in the top left hand corner. We
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They recognize the fact that the longer a customer is in the store the more likely they will spend – and spend more!
Disney deposits many of its rides directly into a gift shop. A large, high-end department store in Chicago, is three stories of product where customers must spend time going from one level to [...]
You know the one; be your own boss, take longer vacations, set your own hours?
One of the benefits that is always touted about having your own business, whether it is an espresso bar or a car wash, is the fact that you are your own boss. You can set your own hours, take off when [...]
It goes without saying that sales are the lifeblood of your business. Building those sales should always be at the forefront of your efforts. Most café/espresso bar owners fall short in this regimen, however, either from a lack of time or the misunderstanding that prospecting for business is no more than a part-time endeavor. It [...]
One would think that something as simple as balancing a POS till should be an easy operation. But in reality it is often one of the most frustrating breakdowns in a café or espresso bar. A few simple guidelines with points where everything is checked, can help.
Even before the first ring of the till there [...]
Congratulations! You’ve been hired or already are a manager of a café/espresso bar. Now what? It’s a great position full of responsibility and potential, but…
Recognise a couple of things up front and you’ll be better able to understand, and tolerate, your position. First of all, the business you are managing is probably the “child” of [...]
Back in the days when sales managers sat behind desks in a smoke-filled rooms, chewing on cigars with their shirt sleeves rolled up, there was a story of a budding young salesman that displayed the determination needed for anyone who considers themself an entrepreneur. It seems that the boss called the young man in one [...]
A young man once went to a job interview. It was an executive position and after making it through the beginning rounds of interviews he was called before the board of directors for a final drilling. This was it – his last ditch effort to make a lasting impression.
After a round of introductions, a balding-grey [...]
Is it the chance to be your own boss, a passion for a hobby or interest or the dream of making it ‘big’ that has always kindled a spark within you to open your own business? Not everyone is an entrepreneur. That’s probably a good thing, but what is holding you back? You’ve probably witnessed [...]
A lot of people want to start their own business and for the most part almost anyone can do it. When we take a look at the successful that have gone before us, however, we’ll find similar characteristics. Fortunately these common denominators are not inherited, dependent on large bank accounts or what some would call [...]
