Monday, June 16, 2008

What are some tips on re-entering the world of retail? -

Hi,It s been a while since I worked in retail and I have an interview tomorrow. I was wondering if anyone has any tips on my interview and/or just in general about going back to retail. Specifically it s at a nice thrift store and I am looking to re-enter the work force after a brief hiatus due to my helping an ill family member get back on their feet. Thank you!

Look professional when you step in for their interview. Appearing confident and considerate should give you extra consideration from them while in the hiring process. You can also bring in a new resume and have some questions to ask them to show your interest during the interview.Good luck.

Is it likely to sell 30 guitars a month? -

The way I have learnt it, there are several things which will determine how many of a product you will sell. (I am going on the standard Marketing mix Ideology from GCSE Business Studies If anyone was wondering)1. PriceThis is a major part of the product selling market. The lower the price, the more you will sell (to a limit, when people think that there must be something wrong with them as you are obviously trying to get rid of them) If your prices are lower than your competition s then people will buy your Guitars2. ProductIf your Guitars are of a good quality, then people will see them, think that they look like they are good quality and buy them. Again, if your products are of a better quality than the competition s then people will buy yours rather than their s.3. PlaceWhere you sell your products from is also important. If you sell your products in a proper music shop then people would be more inclined to buy them than in say, your local Tescos.4. PromotionHow you advertise your product is important. If you advertise your guitars through posters or adverts in the local papers then you will get many more sold than not advertising at all.Overall, I think you could sell 30 Guitars a month as long as you follow the four points I have outlined above.Hope this helps

If you were the only guitar dealer in NYC or LA, therefore had no competition, you might hit 30 sales some month. Or if you were the international low-price-leader on the web, you might.

What type of guitars are you selling?depends on the market segment you want to target - custom built, high end, or mass market, or just toys.

What no strings attached ?

i doubt it unless they re dirt cheap

Starting new biz should I open another bank acct in that name/open a separate acct under my original company? -

I am creating a new business with a new EIN andI want it to be under my larger business. I wanted to ask someone if it would be better to open a separate bank account from my primary business or assigned an account number under my larger business? Thanks.

You should check with your lawyer, but if you mix the accounts, those funds may be vulnerable if one of the companies has legal action brought against it. I would create a separate account to manage those funds, even if the second company is a subsidiary of the original company. You should also make sure your company is properly registered (ie- Incorporated, Sole Proprietor, etc.)

Business account for each business is the way to go. You sound as if you are trying to economise and skip accountants and lawyers fees. realise now that if that is the case, stop business plans straightway because you are bound to lose everything you put into it. At least, ask your bank manger/accountant for an opinion.Good ideas and new business have a bad habit of costing more money than you ever get back from them.

Every EIN should have a separate account.

I want to start my own homebased business consultant business. Any advice? -

Most important - what would your area of expertise be? Specifically, what service(s) would you be offering? Needs to be something you are proficient at, of course--and a service that s in demand.And where do you live--what region would you provide services in?Google start consulting business in BC Canada for information specific to your location.Making a business plan, and/or looking at a sample one ought to give you enough ideas to get you started at least asking the right questions--and how to start researching the need for your services.Go to http://www.smallbusinessbc.ca/bizstart-samplePlan.php for a sample business plan--for BC - adaptable for any location I suspect.

This isn t intended to sound rude, but I m sure it will come off that way. If you are here asking strangers who may or may not know anything about business for advice on starting your own business maybe business consulting isn t the business you should be getting into.

Write down all your qualifications and send out brochures.

New Business Grant in Washington State? -

I was wondering if anyone had information on how to get a grant to start a business in Washington State. Who do I contact how do I get started? Any info would be helpful. Thanks in advance.

Try this website: http://www.grant4free.com and click on the category government grants . Good luck!

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