Tag Archives: tricks for a quicker sale

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.

Sold! Top Tips for Making Your Home More Saleable

Sold! Top Tips for Making Your Home More Saleable

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If you are planning to put your home on the market and you need the sale to go through as quickly as possible, there are several things you can do to hurry the process along and make your home more attractive to potential buyers.

So, before you contact your real estate listing agent to get the ball rolling, take a look at these simple tips for increasing interest in your home:

Take Care of Your Kitchen

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The kitchen is the hub of the home. It is the place where families get together to share good times, so it is not surprising that the kitchen is the key to selling almost any home. Now that you know this, you should make an honest evaluation of your kitchen. Is it inviting? Is it up to date? Would a new buyer be impressed by it? If you answered no to any of these questions, it might be worth giving your kitchen a little update, so that it won’t let you down and make your home harder to sell.

Increase the Potential

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Buyers are more likely to be interested in your home if you increase the value before they come to take a look around. So, if you have the space for an extension, get planning consent now. This will enable your real estate agent to big up your home and its potential to future buyers, which makes it well worth the fairly modest cost of getting permissions in place.

Get Cleaning

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No matter how impressive your home is, if it looks dirty and smells of dog, old cooking, tobacco smoke, or anything else unpleasant, potential buyers will immediately be put off. So, before you put it on the market, spend some time giving every room a deep clean, which included cleaning carpets, drapes, furniture and anything else that could hold on to unpleasant odors.

Make Repairs

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Minor repairs may not cause you any problems in day to day living, but they can create a bad impression in the minds of potential, owners, which is why it is worth investing some time and money into repairing that squeaking pipe or leaking faucet before the realtor starts showing people around.

Give the Garden Some Attention

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An unkempt garden can put buyers off before they even get through the front door, so roll up your sleeves and get weeding. Cut the lawn, trim and unruly bushes or trees and perhaps plant some flowers, to make sure that your garden creates the best first impression it possibly can!

Depersonalise

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If you really want to give your home a boost in the eyes of buyers, one of the best things you can do is depersonalise it. Removing personal possessions, such as photos and knick-knacks Allows potential buyers to see how the property would work for them. It is much easier for them to imagine putting their own stamp on a place when they don’t have your personal mementos getting in the way.

Although these tricks do not guarantee a quicker sale, if you put them into practice there is a very good chance you will be moving into your new home in no time at all!

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