Tag Archives: social distancing

Financials For Coffee Shops

Financials For Coffee Shops

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You won’t have to walk far to find a coffee shop in the United States. We love our coffee, which is great for you in terms of demand, but means there is always going to be strong competition coming from all angles. 

This is why you need to create a loyal consumer base by reaching optimal levels of efficiency and organization. An effective online management system ensures you stand out from others in the industry. 

Needless to say, COVID-19 has also brought further troubles to the industry, making it more difficult for small businesses around the country. Social distancing can mean that you are able to take fewer coffee orders throughout the day, which is why it is critical to look into the financial side of things. 

An online accounting system can help you to make sure that you have all of your money in order. Below, we are going to look at the different areas to consider, all of which can be managed with a financial solution that is integrated and tailored to suit your coffee company.

Payroll – By managing your employees’ payroll electronically, you can be sure of ultimate ease, efficiency, and less margin for human error. 

Debt Payments – Managing debt is vital for any business owner. Read up on DTSS sovereign if you need some help and assistance with this.

Cash flow forecasting – Cash flow forecasting is a vital component when it comes to business success. Inefficient handling of this area of your business can lead to huge problems. You should automate your cash flow so you can have a firm grip on daily finances, bills, and expenses.

Credit control – Stay on top of your credit for optimal financial security. 

Card payment facilities – Most customers will want to pay using their credit or debit card due to COVID-19. Make sure you give them this option with card payment facilities. 

Budgeting and profit projections – You can’t stay in the here and now if you want to reach your ultimate potential. By staying ahead of the game you’ll reap the rewards in the future by maximizing profits.  

Management reporting with KPIs – This is an essential component in driving your business to achieve its strategic goals. 

Point of Sales systems – Effective Point of Sales systems ensure this area of your business is handled successfully, whilst also presenting you with excellent data for moving forward.

Stock control across a number of outlets (for those with more than one shop!) – There is nothing worse for a coffee shop than running out of supplies. Make sure this does not happen by keeping track of your stock and orders. A good system should enable you to do this.

Customer loyalty programmes – Everyone has a favourite coffee shop. Make sure you are that shop with our effective customer loyalty programmes. 

• Sales discounts – Customers love a good discount! By managing sales and discounts effectively you can make better decisions so that you reap maximum profit potential from any sales are discounts you have running. 

Tia, and TipsfromTia.com  is trying to keep you looking good and
feeling good, from the inside out. If you’ve got a problem or a tip email me! Be sure to Like and share on Facebook or Follow on Twitter or Instagram.

My Nose Has Never Been So Itchy

My Nose Has Never Been So Itchy

Image by Roland Schwerdhöfer from Pixabay

While under the self-quarantine and social distancing affects of COVID-19, we all find ourselves highly acute of certain bodily habits. I can hear a person sneeze from a mile away. And there’s a very distinct difference in the sound of someone covering their mouth when they cough and when they don’t!

It’s not paranoid; it’s awareness

Paranoia is defined as being panicked over something that is unlikely to happen. Awareness is when you realize there is a potential for something to happen and you take action on prevention.

So, why is my nose itching?

Particles in the air touch our noses multiple times a day, every day. From dust to a stray hair, we have never thought twice about brushing it away. However, since we have been told repeatedly not to touch our face, we are now fully aware of when we actually want to.

Is it safe to touch my nose?

Yes. But with the pandemic in full rise, it’s best to wash your hands before you touch your nose and, here’s the important part, AFTER. This has always been the case. Yet, it’s so obvious now with the coronavirus and it’s ability to be so contiguous. For example: COVID-19 could be on your hands. You touch your nose and within hours or days, it could enter your system. Another example: The virus is in your nose. You touch your nose then, touch a surface. The surface now has COVID-19 on it which has the ability to survive for days just waiting for someone to touch it.

So, Washing hands before and after can help reduce this problem.

Reduce chances of catching a virus through your nose

Yep, you read that correctly. The most likely reason for a virus getting in your bloodstream is that the nostrils are dry. This allows the virus to rest within the canal, to eventually, seep through the dermis and enter the bloodstream. An easy prevention is to keep your nostrils moisturized. Saline solution kits and refills for the nose are a good routine to help keep your nose clean and moisturized. If a virus enters a clean moisturized nose, mucus has a change to potentially cover the virus, which you will eventually expel through blowing your nose or coughing out.

The ears, nose and throat are all connected so well to help prevent catching bacterial, fungal and viral infections. But remember, we need to help the system out by washing those hands before and after, as well as cleaning the kit after use.

Tia, and TipsfromTia.com  is trying to keep you looking good and
feeling good, from the inside out. If you’ve got a problem or a tip email me! Be sure to Like and share on Facebook or Follow on Twitter or Instagram.