Your business has been sailing along nicely and you think that it may be time to capitalize on some of the momentum you have built by opening a second business location. Before you start picking out a building in the next town over, first stop and think about the capital it would require.
Opening a Second Business Location
Topics: Growing Your Business
Niche markets in any industry are usually a great way to generate more revenue, but this is especially true when it comes to providing children hair services at your salon. According to Inc., the salon solely catering to children is an estimated $5 billion industry per year. The entire hair salon industry is a $45 billion per year endeavor, so this service alone can make up more than 10 percent of that revenue. Maybe it is time that you started appealing to parents and their kids.
Topics: Growing Your Business, Salon and Day Spa
It is imperative to every small business’s success, that they establish both long-term goals and short-term objectives. With proper goal and objective-setting, a business can measure success, whether it's quarterly sales, marketing strategies.
Every small enterprise that needs to grow must maintain aspirations. This does indeed require hard work, upfront investment and even some innovative techniques when the business budget is minimal.
Who Let the Dogs In? Trends in Dog Bakeries
A developing trend in the baking industry is combining a love for dogs and dedication to the culinary arts. Entrepreneurs take these two passions and create their very own doggie bakeries.
Topics: Growing Your Business, Bakery
Keeping Up with Wedding Catering Trends
Say you've been a wedding caterer for years, you feel that you offer a service that is in demand, but you have noticed that lately your bookings have been dropping in addition to being continuously asked to drop your price to earn business. The problem is not the quality of your food or service; it might be that your approach is outdated.
Wedding caterers generally market themselves to a younger crowd and younger crowds are affected by the latest trends. If you want your wedding catering business to grow, then you need to get up-to-date with the latest wedding catering trends and start using them to your advantage.
Topics: Growing Your Business, Catering
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