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Posts Tagged ‘Small Business’

Starting a Small Food Business

Tuesday, January 25th, 2011

1. Where are you producing your product? Is this something you can make in your kitchen at home and sell or do you need a commercial use kitchen? Call your local health department and find out licensing and inspection requirements and restrictions on what you can legally produce and sell from your kitchen at home. If you do need a commercial use kitchen look for a “shared use kitchen” or a “community use kitchen” in your area to start. These generally have a small monthly fee and you pay by the hour when you use the kitchen. This is a great way to keep costs low while you grow your business.

2. Determine price point. Break down what it cost to produce your product and comparison shop. Purchase a similar product thru a local specialty food store or market and thru an online competitor. Ask yourself can your product command the same price, more or less. What will it cost to put your product in a customer’s hand?

3. Labeling. Check with your local state health department and the FDA for labeling requirements. There are federally regulated guidelines you need to follow and there may be local state, city or town labeling requirements. Check on these and make sure you are adhering to them before you hire someone to create your labels. This could be a very costly mistake if you need to reprint your labels or pull your product from a shelf because the labels are incorrect.

4.How are you packaging your product? Wherever you intend on selling your goods, you need to test, test and test. You can’t just put perishables in a box and send them. When you order from your competitors pay attention to how you received the goods. Did they include an ice brick or was it vacuum packed for freshness. Is this something your goods would need to arrive in edible condition? Test your packaging in a variety of climates. Remember, when shipping to a residence someone may not be there to immediately take the package into the house and refrigerate. You need to plan for this.

5. How many products are you selling? If you are selling more than 1 item, don’t be afraid to cut from your list of items, those that don’t sell or no one is interested in. Do not get attached to products because they’re one of your favorites but no one else is interested in them. When it’s something your offer on your website or business, you need to have on hand the ingredients to make it. Never use old ingredients to make a product, it will affect the taste and ruin your reputation. Cut out what is not working. Think of your inventory as money with an expiration date sitting on a shelf just waiting to be thrown away.

There are a lot of other considerations before you start your business such as business name, web address, getting a trademark, business certificates, getting insurance, hiring a lawyer and so on. Make a list and work your list. It all starts when you implement. Remember you can have a great product or idea but if you do nothing about it it’s nothing more than a great idea or product.

Freight Services For Small Business

Friday, June 4th, 2010

Freight services are essential to the proper functioning of any business – but more so to the smooth operation of smaller businesses. Solid freight forwarding options can mean the difference between expanding your existing clientele and losing customers – this is especially true when it comes to international freight. Knowing that your shipments are going to reach your customers on time and under budget is something that most business owners depend upon. Freight services can be offered by a variety of transportation companies, however, finding an established commercial transportation provider is probably your best bet.

One of the main reasons for choosing a commercial transportation provider over a local moving company for your freight forwarding needs is that the specialised supplier can cover all freight services under one roof. A moving company might be able to coordinate and ship smaller jobs for businesses, but would most likely have to subcontract international freight requirements out to third parties. The involvement of a third party in your overseas freight orders is not desirable for one very simple reason: if something goes wrong then it will be harder for your to have the problem addressed in an adequate manner.

Freight services suppliers should not only be able to cover your international freight shipping needs and other freight forwarding requirements but they should be able to offer you warehousing options in any port to which you may be shipping your goods. Unless you will be able to have your goods picked-up or delivered immediately upon arrival, you may need to have them placed in storage for a little while. Unless you freight services supplier is able to offer you warehousing options, then you will be forced to find storage on your own. In order to find such storage you would, most likely, have to send one of your own employees down to the destination in question to arrange adequate storage and to personally vet the warehouse used to ensure the safety and protection of your shipments.

It is most crucial for small businesses to find a good and reliable freight services supplier. Although they might not have the same kind of volume of goods to ship as would a larger business, providing for their existing customers properly and in a timely manner is the only way in which they will be able to expand their clientele. Unless a small business is able to provide above-average service at every level, they are not likely to survive in the hyper-competitive, global business environment that now exists. Unless shipments reach them on time, every time, customers are not likely to continue doing businesses with you. Ensuring that the customer is always satisfied and by providing accurate and quick deliveries is how many of the worlds largest commercial transportation freight forwarders have built-up their reputations and their profiles.