Business Plan
A good business plan is like a road map by which you out line your plans, directions and the method by which you are attempting to reach your targets/goals. It is an autobiography of your business. It will tell the story of “Why” you are in business and where you want to take your business….
Brian Byrams
What is Mystery Shopping?
Some retailers hire companies to evaluate the quality of service in their stores; they often use mystery shoppers to get the information. They instruct a mystery shopper to make a particular purchase in a store or restaurant, and then report on the experience. As a small business owner you want to know how well your…
Networking
Small businesses that support each other do better. Are you active in your local Chamber of Commerce? The Chamber of Commerce is also a goldmine of information about local economic development, trends, and policies. If you have the space to accommodate the meeting, offer to host a meeting so the members get to see your…
Point of Sale
Invented in the 1870s, the cash register was the very first “point-of-sale system” mechanizing the transfer of money. Today, small business owners are opting for something more portable: smartphones, tablets and other mobile terminals, equipped with point-of-sale apps. There are many such systems marketed to small businesses, the most popular of which include Square, LevelUp…
Small Business Highlight: Fish Scale
The Williams family – Henry, Kristal, and Brandon – wanted to offer affordable, healthy alternatives to traditional burger and fries to residents in D.C.’s historic Shaw community. Having developed several creative tasty recipes for fishburgers, and possessing backgrounds in food, health and medicine, the Williams’ had some of the ingredients for an exceptional restaurant. Nevertheless, what they lacked – a sound business strategy and funding which would prove critical to the establishment and growth of their business. How the DCSBDC…
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