“Running a successful business in a niche market.” ActionCOACH’s Mike Moss chats to Richard Stevenson from QUALITY SHOPS ONLINE LIMITED The Pizza Oven Shop on Business Spotlight Harrogate Richard shares insights on running a business that started in a niche market and has now grown into a competitive industry. See the full video: https://lnkd.in/e5nv_wDR #ActionCOACHHarrogate #BusinessSpotlight #NicheMarket #EntrepreneurInsights #ActionCOACH
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I'm sat in a coffee shop writing a business plan and tears start coming to my eyes. Here's why... At LICK Ice Cream we are looking for investment to expand into a franchise model (among other areas). So, I came down to Bloc in Holmfirth for a great coffee and some inspiration. I've plowed through the business plan document, and thought I'd add a little extra on the end - 'What our Customers Say'. Scrolling through I read the one in the image below, and my eyes literally started welling up. Who would possibly think that delicious dairy free ice cream could have such a profound impact on a little boy's life, and his family. The last part reads, "To the owners, you may have made this place dairy free for personal and environmental reasons, but I want you to know that your choices have had the most monumental impact on us. To be able to tell our son "pick whatever you want" is all we have ever wanted to do and you made this possible for the very first time. We thank you from the bottom of of hearts. Xxx" Rachel D. is the founder of this incredible business, a business I've had the privilege of being a part of for the last 10 months. No matter the struggles small businesses have, it's reviews like these that make the tough times SOOOO worth it. If you have a small business and the tough times feel too overwhelming, have a read of your reviews - it's amazing how they can change your outlook. If you, too have received emotional reviews like this, please do share in the comments. #dairyfree #icecream #smallbusinessreviews #keepgoing
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Marcus LaPointe writes a mean blog (and has really great book recocmendaions too!) 🌶 I love when professionasl add their flavor to their writing where I can hear them through their text. 💼 Also this piece is perfert for all entrepreneurial mindsets to make the best decision for their business growth. Stay creative everyone 😎 #blog #bookreccomendations #business #entreprenpeur #pizza #smallbiz #psychology
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How can a market gap be identified? Usually, there are three or so. You must find something that people need right now and can afford, and that they are willing to pay for. as soon as those three boxes are checked. You run a business. Therefore, it makes no difference what it is. You might be offering sandwiches or iced tea for sale. Learn those three things once. You successfully identified a market niche. #Entrepreneurship101 #businesstipsforsuccess #startyourownbusiness #marketingRevolution
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Starting a business is like getting married! You as an owner must know everything about your business. A few days ago, I had a discussion with one of my clients. They want to start a family owned bakery business in Maryland selling traditional pastries. During our discussion, I felt that he have not done any research about the location, market need, sale price, and expenses. He had no idea what equipment to buy, how to operate a bakery, how to attract customers, etc. All they have is an idea and courage! While I always appreciate the entrepreneurial courage, it is not enough. Moreover, it is often dangerous if not supported by information. I told him: I can do research and I can compose a neat plan with all those shiny words and optimistic numbers for "a bakery shop". But that wouldn't be YOUR bakery. You may as well use a template business plan for the sake of it. However, this won't make your business successful. If you want to own YOUR business, you must own the inputs, understand the market, associated risks, the numbers. I can help you through the process with research, structure, consulting, benchmarking, and coaching. But you definitely must do your own homework to achieve your business goals. 2BEnterprise #bakery #businessplan #businessidea #maryland
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We're cooking up a discussion! 🍔🤔 What's one financial management tip you swear by for your fast-food franchise? Share your go-to strategies in the comments and let's learn from each other's recipes for success! #FranchiseTalk #FinanceTips
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IF YOU DON’T KNOW YOUR NUMBERS, YOU DON’T KNOW YOUR BUSINESS! Restaurant owners what's a famous quote or axiom that you live by in your business. one of my favorites is “if you don't know your numbers you don't know your business”. That quote has been made famous in recent years by Marcus Lemonis, a very successful entrepreneur. He has a show on CNBC called The Prophet, where he invests his own money in businesses that he thinks he can turn around. And one of the key lessons with every business is “if you don't know your numbers you don't know your business”. But what does that mean to you as a restaurant owner? It means tracking your key metrics that impact profitability and cash flow. Not just once a month with your monthly Profit & Loss. I’m talking about tracking them on a daily and weekly basis, so you know exactly what levers to pull to impact profitability and cash flow for your restaurant. Now if you would like a copy of our Cheat Sheet on the top seven restaurant metrics you should be tracking, just comment below or leave me a message and I'll make sure it gets in your hands. #famousquote #profitnumbers #restaurantmetrics #marcuslamonis #restaurantprofits Abbie Richie
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Businesses Sold - Your Success Drives Us We're passionate about helping business owners transition out of their businesses and move onto the next leg of their journey. Some of the businesses we've recently helped broker deals for include a Franchise Home Care Agency, a Montessori School, a Niche Manufacturing Company, and an Italian restaurant. Curious to see more? Explore all the businesses we've helped broker and dive into our case studies here: https://bit.ly/3hPc0Di #BusinessSales #SuccessStories #BusinessBrokers
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🎉 Attention all entrepreneurs! 🎉 Are you ready to take your business to the next level? Shomar Consulting Services is here to help you obtain all the necessary permits and certifications to participate in special events hassle-free! Whether you're a high or low-risk vendor, we've got you covered. From LLC registration to EIN acquisition, and from food safety manager certification to county permits, we handle it all! Don't let paperwork hold you back from showcasing your delicious creations at special events. Reach out for a free consultation today and let's make your food business dreams a reality! #FoodVendorPermits #SpecialEvents #ShomarConsultingServices"
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COVID is not the only reason your restaurant is failing. Many people blame COVID for their unsuccessful business, but the reality is that as a restaurant owner, you need to adapt to the circumstances. It may be difficult to hire people and costs may have gone up, but you have the power to make the changes that will help your business thrive. Blaming external factors will only keep your business in the same place– take responsibility. Want to learn more? Follow us on YouTube: @andrewscott9329 #restaurantfailures #business #entrepreneurmindset
COVID is not the reason your restaurant is failing.
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COVID is not the only reason your restaurant is failing. Many people blame COVID for their unsuccessful business, but the reality is that as a restaurant owner, you need to adapt to the circumstances. It may be difficult to hire people and costs may have gone up, but you have the power to make the changes that will help your business thrive. Blaming external factors will only keep your business in the same place– take responsibility. Want to learn more? Follow us on YouTube: @andrewscott9329 #restaurantfailures #business #entrepreneurmindset
COVID is not the reason your restaurant is failing.
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