231 Front Street, Lahaina, HI 96761 info@givingpress.com 808.123.4567

Day: January 11, 2017

A Profitable Leather Craft Business for You

If you are thinking of setting up a business why not consider leather crafts as your initial start up? It requires little investment and you can practically do it at home. All you need to do is get some leather craft kits and start with the basic and common leather things that you can easily sell.

The leather craft business is good because you would be making assorted things out of leather. These are the common things used everyday by most people like leather wallets, purses, belts, fashionable bracelets or necklaces. Most start up kits have pre-cut parts so all you have to do is sew them together as per instructions. Then you can add your personal touches like adding some adornment of glitter, beads or other pretty trimmings to make them unique.

Since you are starting with small items, you can do more of them. The idea is to work on them carefully and intricately. You can have them in different designs, colors and shapes. You can show your finished products to your friends. Usually word of mouth is a good method to spread your business around.

You can also join community fairs or handicraft exhibitions around your area. These are also good ways to advertise your products. You can also link up with a local franchise to sell your products.

Make use of the internet and make your own website about your lit. The internet is the fastest way to link to almost everywhere you want to showcase your products. Take pretty photographs and make good descriptions of your leather crafts so people would be interested in them.

As long as you make your crafts in good quality you will not fail in this business. Most people have a particular attraction to leather because of its versatility, durability and attractiveness. That alone can make your business prosper so keep those factors in mind. …

The Tea Room Business Plan – Mission, Strategy and Tactics

Since the tea room is a relatively simple small business, an elaborate mission statement is overkill. The entrepreneur should decide the reason for the business and what goals the business should accomplish.
An example of an effective mission statement is: (The Blue Ridge Tea Room is a fictional tea room):

"The Blue Ridge Tea Room will provide only the highest quality, healthy products and services to loose leaf tea drinkers in an environment that is safe, comfortable and attractive and will encourage customers to make repeat visits."

What the mission statement accomplishes is the creation of what the tea room is and the reason for starting the business. It also acts as a framework for managing the long term growth of the business.

Tea Room Tip: Keep the mission statement short and concise. Be willing to amend the mission as conditions change.

Simple but Effective Strategy

Strategy means how the tea room plans to make the most out of what is perceived as its competitive advantage. The tea room is unique because its customers come to visit in a manner similar to a restaurant. The competitive advantage lies in the perception of its customers' experience.

The best strategy therefore is the quality advantage:

O Quality tea and teaware products

O The best food products

O The most attractive decorations and ambience

O The best quality customer service

Tea Room Tip: Demand the same standard of excellence from vendors and employees as you do of yourself. Establish a business culture of excellence and enforce it.

Tactics and Goals

Tactics are the steps one takes to implement the business strategy. It involves the actual work that must be done in order to succeed. Measurement and accountability are important.

The best way to implement the strategy in terms of tactics is the "hands on" management style where the owner of the business actively overseas the daily operations of the business and actively manages the strategy.

An integral part of tactics is goal setting and working towards the achievement or completion of set goals. Goals are usually accompanied by actual deadline dates in order to measure progress.

An example of goals for a quality tea room:

O Negotiate a wholesale tea supply arrangement with a reputable tea supplier by May 1, 200X

O Sign a lease on a facility that is well located and meets all safety and health codes by June 1, 200X. Complete build out of space to meet tea room specifications within 20 days of lease signing

O Purchase or lease all required equipment by July 1, 200X

O Place an advertisement in a local newspaper announcing the Grand Opening of the tea room by August 1, 200X

In a tea room that promotes quality and customer satisfaction, an orientation to details is an important factor for success. Emphasize quality and customer satisfaction.

Tea Room Tip Have a friend or family member visit the tea room and assess the quality of the products and service. Do this periodically.

Establishing a Mission …