Most people consider themselves rule followers, and for the most part the majority of us are. There are, however, a number of rules that almost everyone breaks. How many of you top off your tank at the gas station in spite of the sign that specifically says not to? What about taking extra condiments at a fast food restaurant? Technically you're only supposed to take what you're going to use while you're eating there. Have you ever "borrowed" a pen from work? Most of these indiscretions are pretty harmless. What about the rule breaking that could cost you customers or revenue? Today we'll look at the rules that your employees need to follow to ensure your business' success and how Stockpile free small business inventory solution can help you get ahead.
- Greet customers in a timely, positive manner. It may seem like a little thing, but to your customers it is the first impression they get of your business. If your employees ignore them or are sullen when they interact with your customers they aren't going to get a warm feeling about visiting your business. In fact, that could be enough to encourage them to take their business elsewhere.
- Be conscientious about inventory tracking. Stockpile free small business inventory solution is a powerful tool for tracking your inventory, but it's only as good as the data that you put into it. If your employees are lax about inputting and updating your inventory data, the system isn't going to be effective.
- Balance your accounts frequently. To successfully manage your business you have to have a clear picture of your expenses and revenue. If you take money out of petty cash without documenting what it was used for, if your cashiers give incorrect change, or if you just wait months at a time to balance your accounts you could run into financial issues. It may not seem like a big deal, but it could equal big problems for your business down the road.
- Marketing matters. Many business owners focus on marketing when they are designing their business and then they tend to let it slide. It can seem like an avoidable expense and a great way to save a few bucks while they grow their business. Forgoing marketing or not spending enough time, money, and energy on creating effective marketing will come back to hurt your business. You need to know what your competitors are doing and have an idea of what incentives and promotions you can offer to attract customers.
Breaking business rules may not break the bank, but it will come back to haunt you. Don't lose customers or revenue over simple things that could have been avoided. Owning your own business is challenging enough, you need to do everything you can to achieve competitive advantage so you can grow your business.
Stockpile | Free Small Business Inventory Solution
Stockpile is a great tool for managing your inventory. Designed for small businesses, Stockpile free small business inventory solution is able to grow with your business. You can easily track inventory within a single location or across multiple stores. Plus, Stockpile is mobile compatible so you can access your data from anywhere on your mobile device. Because you can give multiple users access to Stockpile free small business inventory solution you don't have to be the only one keeping an eye on your inventory. Stockpile is available for free so there's really no reason not to give it a try. Start using Stockpile today!
