| Can Do! Get The Attitude Your Business Deserves

Posted in Small Business at 9:00 AM by Loftis Consulting

If you don’t have the right attitude i business, there is not much chance of your company succeeding. All entrepreneurs and startup owners need a good can-do attitude that can help them take their little company all the way to some huge corporate success.

Do you find it difficult to get in the right frame of mind when it comes to your company? Here are some useful tips that can help you develop the type of attitude that your business deserves.

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Stop Comparing Yourself to Others

One reason why your attitude might not be as strong as it should be is that you are constantly comparing yourself to other business professionals. When we compare ourselves to others, we can often be very harsh on ourselves. As a result, we put ourselves down and do not think that we are up to the task in hand. Once you do some with all the comparisons, you will find that your attitude quickly improves and you will be left feeling a lot more positive.

 

Get More Knowledgeable

Another common reason why entrepreneurs have such a bad attitude is that they aren’t as clued up on their industry or sector as they should be. This can be very easily remedied, though. If you are completely new to business and entrepreneurship, you might want to improve your knowledge by taking an online MBA or other business course. There are also lots of training courses you can take that can help improve your leadership and communication skills. Once you start to further yourself and your education, you will find that your attitude starts to grow along with your new skills!

 

Focus On Your Strengths

We all have things that we are good at and some things that we can’t really call our strong points. So, it is important that you focus on your strengths and make sure that you put yourself in situations that play to them. That way, you don’t have to be faced with your weaknesses all the time. And once you realize just how many strong points you have, you will see that your self-confidence improves a lot!

 

Dress Up

Did you know that improving the way you dress and look can help to improve your self-confidence? You don’t need to have a full makeover, but making sure you look polished every work day can certainly go a long way to improve your attitude. Plus, it will ensure that all your clients take you very seriously!

 

Relax!

It’s important that you take plenty of time to chill out! This can help you recharge your batteries and stop worrying about your company quite so much. You need to understand that things can’t go well all the time, and that you will certainly have to face some bumps along the road. Rather than panicking about every little issue, relaxing and rolling with the punches will serve you and your company well.

You don’t have to suffer a bad attitude all the time – these tips can help you get rid of yours!

| Building Adventures For Children With A Playground Installation Business

Posted in Small Business at 9:00 AM by Loftis Consulting

A playground installation business can be a very profitable business style, especially if you’re a startup. Like many other startup businesses, should be researching your target demographic and importantly, the market appetite for your kind of service. The children’s leisure industry is always hot, and parents, schools, public parks and governments are looking for the newest and best thing. As the population grows, so do the number of children; and therefore the need to build play areas. Any heavily populated neighborhood with preschool and grade-school children will need their park to be updated and renovated pretty regularly. Once you can determine where you’ll be setting up your business regarding location, the business is going to need to be state of the art, so that fun is balanced out with health and safety. A playground installation business is dependent on the human aspect of enjoyment, but it’s important to run it like any other service.

 

Market Research

Any business that wants to strike to home base the first time will need proper market research to be undertaken. You need to know what is trending in the industry you’re getting involved in, with regards to indoor and outdoor play areas for children. How many children will be in and around the location you’re thinking of setting up in? Be on the lookout for any competition that will be coming up against your business and fighting you for territory and consumer base. This leads onto the most important part, how are you any different? You must align yourself with a new image, new creativity and something exciting and new to offer your customers. Pricing will be a very crucial component of determining your dissimilarity with your immediate rivals.

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Modern Design

If you are to win government or local authority contracts, to build your play stations and areas in public parks, as well as state-funded schools, you’ll need top of the line equipment. One of the basic elements of a safe playground is the floor. Gritty and concrete floors are a thing of the past, and no parent in their right mind would allow their child to play on such a hard surface. Use modern textures and compounds such as rubber playground flooring, to ensure children won’t hurt themselves if they fall. For any metal bearings and bars, cover up sharp points with foam or rubber fittings. It’s also important to put plastic covers over the tops of nuts and screws, so children don’t hurt their knees when they crawl through tight spaces.

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Good Customer Service

Providing good customer service, you can create plans for maintenance, updating to modern designs and equipment and repairing broken or damaged parts as part of your warranty program. You could opt for a renting service so that you remain flexible. Parents may want your services for a trial period to see whether they want their own play area permanently fitted in the back garden. Schools and parks will want something more permanent or long-lasting.

When starting your own playground installation business, perform targeted market research as you cannot aim broadly. Picking the right location is adamant to retain a large consumer base and rely on local customer retention. Set yourself apart by using modern materials and be flexible with your customer service plans.

| If You Don’t Feel Ready To Lead A Business, What Do You Do?

Posted in Small Business at 9:00 AM by Loftis Consulting

You might have the idea, you might have the capital, and you might have the desire to lead a business. But if you don’t feel like a leader, it can feel like you’re not able to take another step forward. You don’t have to be born a leader, however. Some of the best leaders are the best because they were forged that way. You just need to look for the opportunities for forge yourself.

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Get Educated

Being a leader isn’t something that you can learn, but it’s something that might come with a lot of other practical skills involved in running a business. The more competent and knowledgeable you become about running a business, the more you’re able to stand behind your judgments. For instance, an online MBA in marketing will help you better understand your approach to your target audience. Meanwhile, seeking advice from a mentor can help you deal much better with the aspect of managing your human resources. There are plenty of books, courses, and experts on different aspects of leading a business.

 

Get Experience

Leadership also grows over time. The more time you spend directing others and using the resources at your disposal to meet your goals, the more comfortable you can become with it. It might be worth working internally with a business if you’re in with a chance of progressing to a leadership position, just to see how you handle responsibilities or even to see leadership challenges that your current employer is failing. Managing hobby groups offline or online, or taking management positions in local charities and nonprofits will help you learn much more about your leadership style, too.

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Get Updated

Education doesn’t end when you’re done with certain experience or a certain course, either. Business is always changing and that’s a factor that a business leader has to get to grips with above all else. You have to be adaptable not only to changes in the business, such as staff turnover or introducing new processes and partnerships. You have to keep an eye on the larger changes in technology and business trends as well. Without that adaptability, you will always be at the risk of falling behind the curve.

 

Get Confidence

Leadership is about communication, as well. To be an effective communicator, learning confidence in your ideas and your abilities to express them can be a great help. Confidence is another aspect of the self that can easily be built with experience. Find networking opportunities that give you a low-risk environment in which you can express your ideas and practice communicating them to others. There are public speaking groups that can help you develop a much more confident persona, too, to help you better direct your future employees.

Beyond the tips above, you have to be willing to throw yourself into the situation even when you don’t feel entirely ready. Source the right people, the right information, and the right opportunities and you’ll learn a lot more on your feet than you might expect.

| 5 Key Reasons Why Your Website Doesn’t Work

Posted in Marketing at 9:00 AM by Loftis Consulting

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Regardless of the industry, you operate in or the kind of business that you run, you will have some key business tools that are crucial to your success. Alongside vital members of staff, your sales systems and the tech that helps you along the way, there’s also the ways you market your business to consider too. And it’s the latter that can often cause you problems. Of all your marketing tools, it’s arguable that your website is the most important of all. But when it just doesn’t work, you can find that you lose business, and you even may struggle to grow. So, let’s take a look at some of the reasons why your website might not work.

 

Unappealing Design

It shouldn’t be all that surprising that one of the reasons for why your website just isn’t working is down to the design. When your design is off putting, a customer or prospect will leave. You often get only 3 seconds to hook your visitor, so the design has to sell. As in this post https://www.smashingmagazine.com/2008/01/10-principles-of-effective-web-design/, the principles of good web design should always be adhered to, but the design has to be appealing and make a customer believe that you’re what they’re looking for.

 

Complicated Layout

Leading on from the idea of the design not being appealing is also it’s usability as Smashing Magazine pointed out. If your website is not user-friendly, your visitors will leave. If they have to struggle to find that they are looking for, or are constantly misdirected, they are very unlikely to become a customer. So, you have to work with a simple layout to keep them on site.

 

No SEO

Another issue that can be causing your problems in terms of traffic could be your SEO. If you do not have any in place, or it’s substandard, you may struggle to get enough visitors on your website overall. So, you need a professional like https://ignitedigital.com/service/search-engine-optimizationseo/ that are experienced in the field. That way, your site should be optimized to the right standard, and you will find that your traffic increases thanks to your more prominent visibility.

 

Poor Information

Then you should always consider your content. Sometimes, you’ll find that your site is aesthetically pleasing and easy to use, optimized to attract visitors, but then loses them because of your subpar content. If you have irrelevant information on site, or boring content, you will see your conversion rate plummet. Instead, you need to be informative, engaging and interesting with your content to keep your customers hooked.

 

No Call to Action

Lastly, you should also look at your content in terms of the call to actions you have in place. This is where you are encouraging your visitors to do something – namely becoming a customer or prospect in some way. As this post points out http://marketingland.com/power-call-action-strength-boosts-conversions-145845, your call to action is powerful. So, you need to make sure that you are actually asking for business in every way that you can on your website.

| Has The Time Come To Go Paperless?

Posted in Small Business at 9:00 AM by Loftis Consulting

The term “going paperless” is bandied about a lot in business circles. But is it something that you should do now that the digital era is in full swing? For many companies, the value of going paperless isn’t entirely clear. So here are some of the ways it puts you at an advantage.

Better Security

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Although high profile news about hacking may make it appear as if documents are safer in physical, rather than electronic form, this isn’t the case. A filing cabinet or storage box is no match for today’s state-of-the-art encryption methods. Going paperless can actually help your business reduce its security risk and remain compliant with data protection laws.

 

Lower Costs

Paperless solutions might seem expensive at first, but digging a little deeper, you soon discover that they are remarkably good value. According to the Environmental Protection Agency, businesses that go paperless save, on average, around $80 per employee per year. If you have 100 employees in your organization, that works out to $8,000 a year. Going paperless reduces the amount of money you spend paying for ink cartridges, printer paper, postage, and storage space.

 

Better Access

Not only is going paperless often cheaper than the alternative, but it also provides companies with dramatically more utility. Paperless products, like Data Serv services, allow documents to be accessed over the cloud, meaning that your staff don’t have to waste time and resources traveling to the office to view a file.

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The benefits of this technology are remarkable. Say, for instance, you have a client over the other side of the country who wants to know specific information about their account or policy on a Saturday. Getting one of your colleagues to go to the office, retrieve the client’s file and relay the information to you would be enormously inconvenient for everybody involved. But with a paperless system, you’re able to access critical documents on your device and pass them onto the client. Even better, you’re often able to share documentation with all your clients online, getting rid of the necessity of making the call.

 

More Office Space

Depending on your business, the amount of space taken up by files and folders can be considerable, especially if you have a lot of client or compliance documentation. Often entire rooms are taken up just storing boxes, something which could be done much more cheaply on the hard drive of a computer.

If possible, try to calculate the cost of renting out extra office space to house boxes. Often you’ll find that it runs into the hundreds of dollars each month, far more than you’d pay if you switched to a paperless solution.

 

Higher Productivity

Processing physical documents can take a significant amount of time. Workers have to print out documents, wait for the printer to finish and then ultimately file them away. Find documents can also be problematic, especially if your physical filing system is a little below par. Retrieving digital documents, however, is a breeze by contrast.

| Back From The Brink: The Resurgence Of The Automotive Industry

Posted in Manufacturing at 9:00 AM by Loftis Consulting

For nearly a decade the automotive industry in the West was very much languishing in the doldrums with the emergence of China and Japan as viable competitors in the vehicle market. Kia, Toyota, and Hyundai have all seen substantial market share increases across the globe. The automotive industry began to decline. However, even with enhancements in public transport and people tightening their belts in times of financial uncertainty, people have always wanted cars. In the past three or four years, we have seen a resurgence in the automotive manufacturing sphere, as 2016 saw over 17.5 million cars and trucks being sold in the USA alone. Take a look at the reasons behind such a miraculous resurgence.

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A Shift in What the Consumer Wants

Car buyers are more astute than ever before and will take their time to research the fuel consumption, reliability and safety features of any potential vehicle purchase. The twenty-first-century consumer demands value for money and transparency when picking up the keys to their next car.

Potential car purchasers are now more keen to opt for the new car rather than explore the used car market because of the range of finance options available. Used cars also have a tendency to be less reliable and become more costly due to necessary repairs. Provided you have a good credit history, you can now lease a new car for an affordable monthly payment or buy it outright using a loan with a reasonable interest rate. The choice for consumers is empowering and encourages them to shop around, hunting for the best deal.

The emergence of crossovers and SUVs has seen companies such as Ford and General Motors reclaim their crowns as leading manufacturers in the automotive industry. Their latest models, such as the GMC Acadia and the Ford Escape have proved popular with not only the typical rugged vehicle lovers but also with families who require more interior space and comfort. Along with the relatively low price of gas and the ease at which the average consumer can obtain credit, the stars have aligned for the automotive industry.

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Manufacturing Plants

Vehicles can be made in greater quantities than ever before without forfeiting on quality to fulfill consumer demand. Plants up and down the country now utilize the latest advancements in technology such as the robotic arm and the CNC plasma cutter. These instruments have seen an increase in efficiency with car manufacturing plants and have enabled the components of vehicles to be installed more quickly and with a greater degree of accuracy. Metal can be cut quicker, paint can be sprayed more evenly and faster, and welding can be done in a neater way.

The opportunities for human errors to impact the car building process have been significantly reduced with the application of new technology. At the same time, these computer aided machines need operators and supervisors with a more advanced level of technical knowledge leading to a more powerful knowledge base working the factory floor.

The combination of enhanced technology and a greater variety of personnel has led to a more productive manufacturing environment.

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The Hybrid Invasion

The automotive world is joining the green revolution and taking its responsibility to protect the environment very seriously. The Leaf is Nissan’s first foray into the sphere of electric vehicles and has seen a steady increase in sales since its launch. In 2016, sales of electric vehicles rose by 19% on the year before. The emergence of more sustainable cars has tapped into a consumer awareness of eco-credentials.

A criticism leveled at the sustainable vehicle market has been the initial cost of the cars. Due to their niche market at the moment, manufacturing has not yet become widespread and requires more specialist knowledge and technology to manufacture them. This leads to the higher cost that can price some out of the market. However, over time, this should diminish as consumer uptake increases.

Although still very much in the embryonic stages, the manufacturing of hybrid and electric vehicles will be the future of car manufacturing as diesel cars fall out of favor with consumers and governments across the world. Infrastructure will need to develop including the construction of charging points and alternative fuel options to cope with the inevitable influx of electric vehicles.

Many suggest that the automotive industry is reaching its optimum in terms of its resurgence. Even though it may be showing signs of leveling off, there is little to suggest another downturn. With consumer demand for new cars higher than ever before, the automotive industry looks to have a prosperous and secure future.

| Office Protection: Key Ideas For All Business Owners

Posted in Small Business at 1:00 PM by Loftis Consulting

All business owners should want to provide a safe and suitable office environment for their employees. However, far too many people overlook the basics and encounter problems. With that in mind, the ideas below should help to point all entrepreneurs in the right direction. As with anything else in this world, acting fast will often help companies to save a lot of money. So, consider some of the suggestions below and put them into action as soon as possible. Team members are going to thank you for making an effort.

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CCTV

No company boss wants to arrive at work in the morning to discover the office has become a target for criminals. Still, that is something that happens to many business owners at some point. It’s easier for burglars to break into commercial premises because they know there is nobody inside. Installing some CCTV could be the best move entrepreneurs make this year. Police officers say that move helps them in a variety of different ways. CCTV could:

  • Identify the culprit
  • Provide video evidence for court cases
  • Contribute towards secure a conviction.

 

For the best prices on security cameras, it’s sensible to shop around. Some brands are better than others, and some providers offer excellent discounts.

 

Coded Door Locks

Securing the premises while people are working inside is paramount. So, it makes sense to invest in some coded door locks. Those devices will stop anyone from entering the building if they don’t know the code. There are also some products that require employees to use a digital key to gain access. Those items are not going to break the bank, but they could stop intruders dead in their tracks. With that in mind, read some online reviews to discover what other entrepreneurs think of particular brands. That should help business owners to make better decisions and avoid wasting their money on inferior products.

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Weather Protection

Sometimes criminals aren’t the only threat to an office. Indeed, adverse weather conditions could cause havoc if the business owner doesn’t take precautions. Some common issues include:

  • Frozen pipes
  • A malfunctioning heating system
  • Power cuts

 

Thankfully, the process of dealing with frozen pipes ahead of time is simple. Bosses just need to invest in some heat trace wire and fix it to all the water pipes in the building. Products of that nature help to ensure temperatures don’t drop below zero. So, frozen and cracked pipework should become a thing of the past.

There are specialists anyone can call to perform routine maintenance on their office heating system. So, it’s wise to ensure the boiler or furnace gets checked every six months. That should be enough to ensure any issues don’t go unnoticed.

When it comes to power cuts, the best solution is to purchase and install a backup generator. The business owner can then switch to the petrol-powered alternative if the worst occurs. That would allow all employees to carry on working as they otherwise would have done.

Take some of the ideas from this article and put them into practice to avoid office issues this year. None of those suggestions are going to require a substantial investment, and so most companies won’t have to stress about the cost. The biggest expense is the purchase of a generator, but it’s possible to hire those devices if money is tight at the moment.

| Why EVERY Business Can Benefit From The Cloud

Posted in Small Business at 9:00 AM by Loftis Consulting

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Image by Flickr

Digital technologies have revolutionized 21st century business. Not only have they enabled for greater international communication and collaboration, they’ve allowed thriving businesses to be run by teams thousands of miles apart and enabled untold workers to shake off the daily grind and start their own businesses from the comfort of their own homes.

One of the greatest innovations of the past decade or so is the use of cloud based technology to facilitate IT infrastructure. While many consider the cloud merely a storage solution, there is a wealth of cloud and server based applications that are invaluable for businesses of all sizes.

 

Cost Benefits of the Cloud

Unlike physical storage costs (for example, external hard drives), cloud based storage is completely scalable to the needs of the user. This can enable small startups to begin with modest storage packages and upscale as their businesses and their subsequent demands grow. Physical storage pricing structures are far more linear, leading to businesses paying over the odds for terabytes of unused data. There’s no need for expensive and disruptive upgrades or overhauls since a cloud based infrastructure is updated and upgraded automatically. The costs are borne by the provider, while you as a customer simply pay a subscription.  Coupled with the reduced upfront costs then the cloud comes out as the clear winner!

 

The Security of the Cloud

Damage mitigation should be a priority for just about every business. Whether you’re a construction company laying ground protection mats, or a cafe letting the shutters down at the end of a day’s business. Whatever the nature of your business, you’ll likely handle data that you want to keep secure. Usually this means spending money on secure on-site data storage solutions such as hard drives and servers. The trouble is that these can be compromised by robbery or natural disaster. While data can be retrieved from damaged or destroyed hard drives, it is a lengthy and expensive process. By using a cloud your data is secure whatever happens to your physical premises. Most cloud providers offer sophisticated 128 or 256 bit AES encryption. They also have redundancy measures in place to ensure files are not lost or corrupted.

 

Collaborating with the Cloud

The cloud enables you to collaborate with people all over the world, sharing documents and working collaboratively using cloud based software. Google Docs, for example, is an excellent word processing platform that allows collaborators to access documents, make notes and share with others with by-the-second real-time updates.

 

Potential Risks

While there are many inherent advantages to using the cloud, it is not without its risks, and your provider should be researched rigorously prior to committing to a subscription.

  • Your data (and that of your clients) will be in the hands of a third-party, so make sure you know their security measures.
  • Your data can be compromised by a poor internet connection. A poor connection can impede your ability to upload, store or access data.
  • Data storage companies are based in different locations which may have different laws on the handling of data.

| Enhance The Eco-Credentials Of Your Business In 5 Easy Steps

Posted in Small Business at 9:00 AM by Loftis Consulting

The new buzzwords in business are ‘green’, ‘eco-friendly’ and ‘sustainable’, and there is a good reason for this. Over 70% of millennials are willing to pay more for an environmentally sustainable product. This statistic has driven businesses all over the world to try and give their processes, manufacturing and marketing some solid green credentials. There are some simple steps that you can take to embrace the new trend for sustainable technology and processes without breaking the bank.

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Agile Working

By implementing a policy of flexible working, you are handing control back to your employees and empowering them to streamline their own work processes. The green tint that flexible working lends to your business lies in the reduction in commuting.  As a result there is lower use of fuel and petrol and diesel. The widespread use of conference calls, WebEx and Skype, enables your employees to be present in business meetings from the comfort of their own home. You may even see productivity increase as your staff team is more content when working on their home patch.

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Initiate Eco-Friendly Schemes

Although working from home is a solution to reducing carbon emissions to a certain extent, it is impossible for your employees to work from home every day. Encourage car sharing by reserving spaces in the car park for those that don’t drive to work alone. Even more beneficial to the environment is a subsidized cycle scheme. Launch your initiative with a ‘cycle to work’ day advocating not only the environmental aspect of the scheme but also the health benefits. Lead by example, strap on the hi-vis vest and get on your bike.

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Reduce Wastage

The shocking amount of water, paper and electricity waste can be staggering. How many times have you been walking around your building to discover meeting rooms with nobody in them, yet every single light is on causing your energy bills to rocket? You could look into the taps in your office and fix any leaks and the next time that your office kitchen needs a new dishwasher ensure that it is Energy Star rated.

However, the waste that is the most mind blowing of all is that of paper. The amount of waste paper bins that are overflowing with screwed up pieces of A4 and shredded documentation because somebody printed out the wrong page can be difficult to comprehend. Every person in the U.S.A uses, on average, 700 pounds of paper every year. It is unfathomable how much of this is wastage. You could streamline your administration processes to prevent paper waste by installing contract lifecycle management software. Storing all of your contracts and legal documentation relating to clients electronically means you will have to print them out less frequently creating a near paperless office.

Make your business a green beacon for all other companies in your local area to follow. Initiatives and schemes are beneficial, but you also need to consider the quick fixes. Make sure your staff understands the impact that their action, or sometimes inaction, has on the business finances. Make sure all monitors, photocopiers, screens and printers are turned off at the end of every work day. Stop providing paper cups for the water cooler and encourage your employees to bring their own refillable containers. Each of these small tweaks to your office environment will lead to enhanced eco-credentials.

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Source Your Suppliers Wisely

If you are a manufacturer, whether large scale or cottage industry, it pays to investigate the eco-credentials of your suppliers. Are they local meaning you are reducing your carbon footprint? Do they use recycled materials when producing parts for your products? Your expenses may increase as a result of sourcing greener suppliers, but the modern consumer is willing to pay more for a sustainable item. If you market your product effectively and to your target market, you will see an increase in sales and a boost in profits.

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Recycle As You Grow

As your business becomes more successful and you renew your electronic equipment, consider how you will dispose of your old technology. Laptops, printers and photocopiers that are still usable but simply old will be of great use to local charities, schools and hospitals. Put the feelers out, forge links with local organizations and offer up your equipment. By doing this you will be creating meaningful links with your local community and enhancing your eco-credentials in equal measure.

Going green will see your chances of staying in the black increase. Enthusing your employees into taking an active role in the drive for sustainability will generate a more content workforce, enhanced productivity and increased profits.

Remember going green is not only creates a safer environment but may save your business money in the long run.  Interested in ways to stop waste and save on expenses, give Loftis Consulting a call at (312) 772-6105.

| Having More Control Over Storage And Distribution As A Small Business

Posted in Small Business at 9:00 AM by Loftis Consulting

For small businesses taking a product to market is a giant leap into the world of business. If you’re about to go through this circumstance, you’ll find it’s a very demanding moment in the life of your professional career. Managing inventory from the manufacturing point, then finding a suitable area to store the products, then onto distributors is a lengthy birthing process that has multiple, complex components. After having built the product, you have to physically move the bulk of goods to an adequate storage facility where they don’t lose their value while sitting on the shelves. Part of your financial planning could be to run your own storage facility and delivery service to distributors, cutting out the middleman, and saving money. Allocating enough resources to make this happen on time and monitoring and improving efficiency to this stage is a very difficult but open task which small businesses can use to think outside the box.

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Adequate space

It helps to accelerate the business flow if you have the proper amount of storage. It’s better to be under stocked and have more space than it is to having increased demand but not enough storage space. Small business can avoid large charges that warehouse storage companies charge, by taking the middle man out of the equation. You can build your own metal barn, so you have your own storage facility at an address of your choosing. Strong and well-crafted, the facility is designed and made by specialists in the professional steel building industry. By running this advantage, It could be nearer to your business, so you keep a closer on your product during shipping and transporting to distributors.

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Faster distribution

A small business will initially be physically dealing, with the local market and perhaps regional demand. It’s therefore imperative that the storage facility puts older stock in front of the new, so products don’t get backlogged and money wasted. This is particularly crucial for small businesses because items that don’t sell or go past their expiration date are going to be difficult to sell even for a lower price. Essentially, your business will be subject to a time-sensitive warranty which distributors want to be able to give the most to their customers. With direct control over the storage, the inventory can be quickly dispersed to many ‘easy access’ docking areas of your storage facility.

 

Staff and efficiency

Owning a self storage facility allows you to hire staff that can take on multiple tasks at once and prosper. Cutting down on costs, small businesses can hire packing and shipping staff, so each product is ready to be shipped and delivered. With an extensive sales analysis, you arrive at a conclusion which products occupy the storage shelves for longer. Working directly with your staff, detecting slow moving items can help you to increase space for items that are selling well. Additionally, looking at the sales reports and working together, the inventory you have can be tweaked so items that aren’t selling can be dropped in number.

 

Deliver the goods yourself

Personally owning a storage facility also means you can deliver inventory to distributors yourself. By renting a couple of delivery trucks, hire staff to make trips to distributors directly working with the storage team. Drastically cutting costs and reliance on delivery service businesses, your trucks can work at all times of the day and night. Not only does this make your business more fluid, but you can fulfill orders from multiple distributors in rapid succession.

If your business is struggling with any of these decisions for inventory management, control and distribution, give Loftis Consulting a call at (312) 772-6105.  Loftis Consulting can help by reviewing your cost structure to help your business find the right solution for your business to grow profitably.


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