Month: August 2022

The culinary business is one of the promising business opportunities. Even though you only have a small capital, a culinary business can be started immediately. But before starting, first learn some important tips on how to start a business in the culinary field with this small capital.

How to start a culinary business can be started with small steps. If your passion is in the food and beverage sector, then a culinary business with small capital can be done immediately. However, don’t just go along with opening a culinary business. Here are 9 ways to start a culinary business with small capital that you can do.

Mature Concept

The first step in starting a culinary business with small capital is to first prepare the menu concept and how the business will be run. When do you cook, before or after an order comes in?

There are many choices of culinary menus that are liked by consumers today. What do you want to sell? Now there are various contemporary drinks such as coffee, ice cream. Then market snacks, pastries, or sweet pastries such as donuts, brownies, chocolate bananas,, bread. Then a variety of rice with the main menu of chicken and …

Read More

What types of financial budgets do companies have?

A good company will make and have a budget that can help plan funds and control the activities of a company. By having a budget, companies can more easily estimate the costs that must be incurred by the company to support business activities or activities.

Budget management is important for companies to estimate the funds and expenditure transactions used by the company. This budget will later be processed into assets and products to support the achievement of company goals.

Below are the types of budgets that companies must have:

Sales Budget

This budget is made to predict future sales which contains plans for the types of goods to be sold, prices, quantities, times, and the place of the sale itself. Usually compiled based on sales projections that will be provided by the company and made in one period containing a budget plan for the next 1 year. The sales budget is also considered the key and the basis of the other stages of the company’s budgeting.

Production Budget

This type of budget contains all plans for the company’s units to be produced during the budget period. The production budget is the basis …

Read More

Someone who is building a new business or product usually often has difficulty in offering a product. This difficulty, if not addressed immediately, can be the beginning of the closure of a business within 2-3 months of product launch, because it is not able to get high sales figures, so production costs are not covered.

To overcome this, various reliable sales strategies are needed to be carried out.

One of the sales strategies that can be taken to increase sales is through good product offerings.

Although the price and quality of the product are certainly very influential on the attractiveness of consumers, but without a good way of offering, it will still affect the ability of the product to be accepted by the public.

Want to know how to offer a good product for easy acceptance? Check out the following tips!

Tips for Offering Products Self-confident

Before doing the trick of offering a product, make sure first that you already have great confidence.

With confidence, you will be able to offer products calmly and clearly, so that potential customers can understand and believe what you have to say.

To make the most of these tips, try to use the product …

Read More

You must be familiar with the term convection. The convection business is a mass-produced clothing business.

If interpreted more specifically, convection is a small household scale industry which is a place for making apparel, such as shirts, t-shirts, polo shirts, jackets, pants, and so on.

By yourself, this business is in great demand because of high market demand so it can be a promising business opportunity for you to start a convection business.

Actually, building a convection business does not have to build a garment factory, but you can open this on a home scale so it is very suitable as a side business.

If occupied, this business can grow from a home-based business to a larger scale, especially if you have earned the trust of consumers.

Stages of Starting a Convection Business

If you want to start a convection business, of course there are stages that need to be passed. What are some?

Business Analysis

In starting a business, of course you need careful preparation.

At this preparatory stage, you need to analyze the business to be carried out in depth.

This preparation generally includes an analysis of opportunities, market potential, capital stock, and SWOT (Strength, Weakness, Opportunity and …

Read More

Every business actor whose part or all of their business activities are carried out via the Internet, it can be said that they run an online business.

This business activity includes buying and selling products or goods online, as well as providing online services, and many other types of business that can be found on the Internet in various industrial fields.

Online business activities can be realized in various types such as websites, online stores, blogs, to social media accounts.

However, for how to start this business, you need to have the right steps to make the business continue to grow.

Here are some tips on starting an online business.

Know Your Prospective Online Business Consumers

Before starting to sell products in online stores, the first step you can take is to determine the right consumers for your products.

Do your research first. You can start by being active on social media and pay attention to what you need and what items are most sought after.

Usually people choose online shopping because it is fast and easy. Items that sell quickly are items that concern everyday life. Such as fashion, equipment to support daily activities, to technology products.

Determining

…
Read More

A successful entrepreneur or entrepreneur certainly goes through a long journey. However, there are some qualities or characteristics that can encourage and help you to survive in facing all challenges in a business that is full of competition. If you currently have a business that isn’t working as expected or feels like it’s not growing, then it’s important that you see it as a motivation rather than a shortcoming.

Willingness to fail successful entrepreneur

Of course, making a business from scratch must have its challenges or failures during the course of the business. The reason a person is afraid of failure is usually due to fears of being ostracized by the surrounding environment. In fact, the extreme is someone who is afraid of failure because he feels this is a social threat and is afraid to be shunned because he is considered useless to those closest to him.

However, as entrepreneurs, unyielding nature is a must so that we don’t give up easily if we experience a failure. From these failures, it can be used as a lesson and motivation for you in the future in order to minimize failure in business. Failure is a gift. Every entrepreneur has to …

Read More