With so much unemployed people in this country, and the age factor, its getting harder and harder to get employed. Most of them end up in supermarkets and department stores as shelf stacker and cashiers, some are call centers agents and fast food crew. There is a blog I read encouraging people to create a business and be an entrepreneur and not telling the truth about the hardships and uncertainty on creating a business.
Stock Replenishment Budget Product Stock Inventory and Control Upon completion of the product identification and selection, as well as preparing the store display and design, one is now ready to make initial purchases for stock inventory. A warehouse for the incoming stocks must, therefore, be ready and prepared.
One must have a listing of supplies with their corresponding product line. One must get in touch with them, canvass their prices, and get the highest possible terms and discount. In most cases, suppliers have sales representatives, and you can ask them to visit you.
When you have identified the product you intend to carry, it is advisable to concentrate first on these items. There is always room for production expansion later. One should start purchasing the common and essential items since this is necessary for a presentable store display and showcase.
The level of stock inventory of each item is determined by the saleability and disposal of said items. To ensure facility and ease in making inventory, stock cards must be used. Items must be properly entered and coded in the stock card.
This is also essential to be updated to regulate and control product items. Catalog the stock cards according to product items to be able to easily discern stock availability. Proper warehousing and stocking of products must also be pre-planned.
Again, product categories and separations must be made. Stock control can only be achieved if updated records of incoming and outgoing stocks are kept. Operational Guidelines and Procedures This refers to organized and systematic flow of work. The manager must establish specific methods of doing thing.
He must see to it that all aspects of business operation is guided by standard methods, pinpointing the personnel involved and the procedures to be followed to facilitate a smooth work flow. Incoming stocks, for example, must be properly received and checked if they are in good condition, etc.
Release of goods to customers must also be done according to the dictates of the purchases made and covered by S. This is specially essential in the delivery of goods to customers.
Specific cases, as in damaged goods who shall be held accountable or returned goods is another example.
Guidelines and procedures - from the simplest task to the most difficult, to the unexpected cases that will occur - all store personnel must be well equipped to properly handle them.
Sales and Marketing Strategies In any marketing endeavor, providing good service is essential. The salesman must establish a personal interaction with the customers to gain their confidence, and thus, ultimately make a sale.
These are targeted group and hence, any marketing thrust must be directed on them. Although pricing is a significant factor considered by these group, it entails a lot of lad work and honest to goodness relationship that the salesman must be able to establish to generate a sizable volume of sales.
Aside from having in-house salesman, the trend today is to have field salesman who will go out and close a deal with prospective clients. It is also common to see big advertisement of SALE being made by hardware and construction supply enterprises.
The manager must develop his own unique method of attracting more to generate more sales. It is not like a simple sari-sari store that one can close shop anytime.
No matter how much minimum capital is invested, any loss is something to reckon with. In short, the return on capital invested is not instantaneous. The projected ROI can, however, be estimated based on the business' monthly sales.
A simple method to estimate the length of time of the ROI would be the following: Get the gross percentage of profit from the monthly sales. Deduct the monthly expenses operational and working capital, excluding stock replenishment budget to get the net profit. Divide the net profit from the fixed capital invested.Business Ideas.
How to Start an Office Supplies Delivery Business. Launching an office supplies delivery business can get you on the path to a secure financial future but it's important to plan out the business in detail before you start.
16) Barber shop or Beauty Parlor business – although you can live without having a haircut, and if you plan to become a hermit, a bum or just a hippie or live under a rock for the rest of your life you don’t need a barber or a beautician.
A good reason why it is a good business is because people needs a haircut every 1 to 2 months to look good and be comfortable. times a year. i plan to wholesale used stuff from u.s. to philippines to small business owners like you. probably you would want to start small and grow it.
just like you i would just be starting this opportunity if there is a need for it. let me know as i could start you with what i have right now. thank you! Stationery Shop & Office Supplies Business Plan – Publicity and Advertising Strategy Despite the fact that our store is well located, we will still go ahead to intensify publicity for the business.
We are going to explore all available means to promote our stationery store and office supply business. To start up a pharmacy in the Philippines,you have to get a license from BFAD (Bureau of Food and Drugs).They will be able to give you a list or guidelines on how to put it up,and which spefications of the facility they will barnweddingvt.com,you will be needing a Philippine licensed pharmacist in order to apply for the Pharmacy license (you will be needing the license number) and to to continue to.
The purpose of this business plan is to raise $, for the development of a an office supply store while showcasing the expected financials and operations over the next three years.
Office Supply Store, Inc. (“the Company”) is a New York based corporation that will provide sales of office supplies and basic printing services to.