Best Phone For Small Business Owners Who Need To Multitask

Need a phone that can multitask almost as much as you? The type of business you do and the amount of calls you have to handle will determine what kind of phone is needed. Office telephone systems are not cheap and when you purchase a system you want to get the most bang for your buck. Having an efficient telephone system will greatly improve the way you do business.

As a small business consulting coach, I can confidently tell you that effective communication is at the heart of any small business. Improper call management will definitely hinder the growth of a business and it is seen as extremely unprofessional. Implementing a small business telephone system will help solve the communication problem. The disadvantage of using the regular telephones with call waiting is that you can easily lose a call. And it is impossible to have more than 2-3 lines.

If you are in the market for a small business telephone system read on for a few ideas that just might work for your business.

1. The best telephone system in an office would have to be a PBX system. It can be purchased with up to 60 or more phones and can be bought to handle as many lines as necessary. You see them all the time in doctor’s offices and hotels.

These are the original multi-tasking telephone systems. Now they can be connected to the Internet and you can actually talk through your computer. Just make sure that when you buy web hosting for your company, you buy enough bandwidth to allow for heavy usages on the system. In addition to making and receiving phone calls, these phones have great features like voicemail, dial by name directories and different ring tone for each line.

2. If you are not in the office much and your job demands that you and your employees are out in the field then the iPhone is a great tool for multitasking and now they have the 3G that can also take credit card payments with the right attachment.

3. Nextel has a phone system that is great as well. These phones can be used as walkie-talkies as well as cell phones. The walkie-talkie feature lets you use it in close proximity for site to site co-ordination, this feature save your air time minutes.

4. Getting an office system that will allow for hands free operation, is a great way to multi-task in an office environment. You can find these online and most can be adapted to the phones you already have.

Finding the right multi-tasking phone is as easy as clicking your mouse and doing a search. There are so many great phones, from the iPhone to the blackberry that you will just have to compare them and pick out what would make better use of your business dollar.

Be The Boss In Your Own Business

Almost everyone you know would say that running your own business and being self employed is the best thing that can ever happen. Then the one business people see as the easiest to start is a retail store and in particular a dollar store. Normally even relying on personal savings can be used to start this kind of business. It really looks like the ideal solution to the issues of job scarcity that is going on right now.

Obviously the biggest attraction here would be the fact that the owner is his own boss and gets to take home the lion’s share of the profits and may also choose to plow some of it back to grow the business. It’s all left to the imagination what the owner may do to boost the business.

Dollar stores being the best option to many are nowadays seen springing up in most places. They are the easiest to start with moderate capital layout required to make it work quite comfortably. The main aim is to make loads of cash.

If it is the dollar store for you, the next thing is to make a list of the items you need to stock. Go over this with a lot of keenness as you will not want to omit anything your customers would need. Again the type of stock will determine the kind of customers that get attracted to the store. This is the backbone factor for any such business. Here is how to do it.

There is what you call essentials that are the necessary grocery every home must stock up on so these will sell pretty fast. They consist of toiletries, soaps, and other cheap clothing.

It would be a big decision but you will have to add to the list of essentials by stocking some of the not very necessary but easy on the eye goods which when the customers see they find it difficult to resist.

The best thing is to go out and check what other shops around have. Another way is to do a small market research or survey by way of fliers to know what exactly they need.

With your list ready, the next move would be to go to the suppliers whom you have selected very carefully indeed as this is where another problem may lay. Get the ones with easy trade terms and affordable stuff. In a one dollar store, it is quite important to get the right prices and choice of goods.

Reasons to Consider Opening a Dollar Plus Store

For those examining the potential of starting a dollar store there are many, many strategic decisions to be made. Each of those decisions inevitably affects the final overall success of the business. Dollar store costs and ultimately dollar store profits ride in the balance as the final make-up of the business is determined. One of the most challenging decisions involves determining whether you are opening a dollar plus store or you will stay with the tradition everything is only one dollar format. In this article I will examine some of the reasons this might be the right time to open a dollar plus retail business.

Reason #1) As your dollar store costs continue to increase for everything from merchandise to freight, rent to payroll, and almost everything else, the tradition dollar only format doesn’t provide the room required for adjusting your retail prices to reflect the increases you are experiencing. It traps you into a set price and your dollar store profits are squeezed – potentially over time to the point where none remain.

Reason #2) Dollar plus format enables you to generate much higher average sales per item sold. In a dollar only format the sale price of a single item averages $1. Yet in the dollar plus format, your average sale can be much higher. Depending on your final decision regarding the types, brands and overall quality of items sold, your average sale price per item can amount to $2, $3, or even $5 or more.

Reason #3) If your average shopper purchases 6 items, your total sale is $6.00 in a dollar only format store. Yet in the dollar plus format, even if the average number of items purchased is reduced to 4 items with an average sale price of $3 your average sale is $12. In fact you could have a reduction to 2 items per sale and still sell exactly the same amount in gross sales. Imagine the reduction in dollar store costs associated with labor if you sold 1/3 less items through your store. Many of your other expenses will also drop based on less merchandise being handled.

Reason #4) In the dollar only format if your cost of goods sold is 60%, your gross profit is 40-cents per item sold. Maintaining the same 40% gross profit, but with dollar plus sales changes the number of items required to achieve the same total gross profits. In fact, your average gross profit per item on a $3 average sale becomes $1.20. Build sales in a dollar plus store and you have much greater leverage to build your dollar store profits as well.

All of these reasons combine to make opening a dollar plus store a viable format option worthy of consideration. There are no guarantees when you open a business. Do your research. Study the marketplace. Analyze the data. Make the decision that works best for you and your specific situation. Just remember to consider dollar plus as you go through the decision making process. Your dollar store costs and your dollar store profits ride in the balance.

To your dollar plus store success!