Chances are if you’re starting a new small business, you’re not afraid of a little risk. However, it’s also highly likely that you have invested a large amount of money in this new endeavor. It is only prudent to take sensible steps to minimize the impact of unexpected events, like the untimely death of a business partner, a lawsuit from a customer or employee, or a freak accident of nature.
So after 14 years in our previous location, my company moved to a new shop last month. My shop went from 1600sqft split into 2 bays with the kitchen in between to a contiguous 2950 sqft. Still don't know why the the office portion needed to grow by the same percentage when there were already 10 empty cubes at the old office, but thats an argument for another day. The boss got his 500 sqft office so he is happy.
If you want to hit the road as soon as possible, then a Class B/C RV camper is a great option to consider. These vehicles are typically move-in ready, and barring any mechanical issues shouldn’t need much customizing before hitting the road. Class B campers (aka “campervans”) are built inside a van body, while Class C campers have a custom body built on a van cab/chassis.
The good news is this: You are not a statistic. Think about this — if it was reported that small business owners over the age of 50 were more likely to succeed, would you wait until you were 50 to start a small business? Not likely. You would start when you felt ready. And that’s the point — only YOU can know when it’s time to take the plunge. Likewise, only you can make the intelligent decisions that ultimately mean the difference between success and failure when it comes to launching your business.
After a permit has been issued, the building inspector will want to be notified at various points during your build in order to do a site visit, walk around and inspect the details to make sure that they meet code requirements. These inspections are commonly at the point where excavation work is complete, when the foundation is completed but before back-filling, when framing and all structural work has been done, after the installation of the insulation and vapour barrier, and then a final inspection after everything is complete. You may need to have a separate plumbing inspector if you’re adding or changing plumbing fixtures, and electrical work will need to be inspected by the appropriate electrical inspector (in Ontario, the Electrical Safety Authority). In my experience, inspectors appreciate good work, a clean, safe site, and are willing to work with homeowners and builders to make sure that the work will meet code and will endure.
Every woodworker (I think!) dreams of someday being able to construct their own dedicated woodworking space. To date, I have bounced around from garage to garage (about 4 times), making the best of a crappy real estate situation. And while I have been lucky to have fairly large spaces to work in, I still daydreamed about the possibility of designing a shop from the ground up, with both woodworking and video production in mind.
DeAnna says that in general, the front left of a retail store is a good location for the checkout counter, like the one above. Shoppers naturally drift to the right when they enter a store and tend to loop around the store, leaving on the left side. So, a checkout at the front left of your store puts it your customers’ natural exit path. Plus, it doesn’t distract them from shopping as they make their way around the store.
“Your sales floor is a living, breathing entity that needs to change—frequently—in order to flourish. It’s the retailer’s job to make that happen. If your store is filled with the latest and greatest products, but your sales are in a rut, it could be because your customers are bored. They come to your store not just to buy; they come for ideas and inspiration. And they come to be entertained—even when they don’t buy anything, that experience is what brings them back.”
At least once a year I want you to set aside some time (I’m talking about a large chunk of time - like a day) and I want you to write down everything you want to accomplish this year or next year (or whenever you are planning for). I tend to plan for a whole year, but you can try 3-6 months to help you get started. Take away any and all distractions because it’s important that you are super focused on what you want to accomplish for the year. This is the time to let your ideas flow, don’t hold back. Things on this list can include: Launch your own website, release a new invitation line, and work on my Instagram account. Don’t overthink, just write down what comes to your mind and whatever your heart desires. There will be time later to refine what you have written down. When you are starting to brainstorm your goals, I would suggest that you first start off writing them on a notepad like this. And then once you are done, you can move them over to a task organizer like this.
In order to ensure that the staff you’re bringing on board is the right fit for your small business, there’s a few questions that you should ask yourself during the interview process. Are they competent? Capable? Compatible and committed to your core business values? Do they fit in with the culture you are trying to build? And can you offer them fair compensation? Business expert and entrepreneur Alan E. Hall, calls this the 7 C’s to hiring. At the end of the day you want to look beyond the skills and experience they have on paper and make sure that they are willing and able to grow with your business.
James Hamilton (or “Stumpy Nubs”) is a self-taught tool expert, engineer, writer, teacher and video producer. In 2008 he went into woodworking full time, creating a weekly Internet woodworking show that focused on the workshop itself. Now, Stumpy Nubs Woodworking has grown into one of the most popular multi-media woodworking resources in the industry.
For this reason, on-demand applications can get very time intensive. Consider building on an on-demand platform on both iOS and Android. A typical app on a single platform would require one experience to be designed. In the case of an on-demand app on two platforms, four would be required. That's one experience for each user in the system (i.e., two per platform) plus each platform (i.e., four in total). On-demand apps also often require a number of administrative interfaces. The only way to reduce the cost of an on-demand platform is to streamline the typical feature set included. For example, you could remove in-app payments or administrative interfaces while doing market validation.
Small business owners can maintain steady, manageable growth by keeping a firm eye on costs and always aggressively looking for ways to increase sales and grow their brand. It can be difficult to empower staff and managers around you, especially if you’ve spent a long time steering the ship alone, but it is an essential part of successful expansion. Stay open to suggestions from your managers while making your current business best practices clear to them.
At times, while you are starting a small business, it will seem like there is a brick wall in front of you, made up of all the different problems that will occupy your time and mind: a lack of funds, permits, regulations, tax worries, inventory issues, or a lack of customers. Concepts like “free time” and “the weekend” will take on a very different meaning. While the emotional ups and downs of cash flow management and customer service, may drain your will to live.