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Happy New Year! The first of January always seems like a clean slate, a time to start fresh, and a time to make changes from the old year. This is especially helpful in a business. Here are a few tips to help you decide how best to change your business in 1998:
Analyze what went wrong or right last year
How were you advertising, and how did this affect your sales?
Some possible ways to increase gross receipts:
Resolve to keep track of your mileage this year. At 31.5 cents a mile, this deduction quickly adds up. Document every mile driven to the post office, the bank, the fabric store, and any pickups or deliveries you make.
Further resolve to keep better track of your expenses. Since you're viewing this on a computer you already have part of the means to an easier book-keeping system. Investigate some of the many easy-to-use computer check book or book-keeping programs.
Decide on a specialty or two! Nothing affects your bottom line more than specializing. With one or two main products or services, your business automatically becomes more efficient and profitable. All your energy focused on one product helps you become adept at the particular processes involved. This focus also enables you to streamline your work, and your work area, and makes it possible to sew faster, making more money per hour.
Join the SewPros Network, and interact with others in sewing businesses this year. Every week dozens of members share their ideas and insights into sewing as a business. Join us.
Work smarter, not harder! Find as many ways as possible to make your work easier. Will industrial or specialized equipment help you sew faster? Would rearranging your workroom make you more efficient? Step back from the fray for a few minutes to see what YOU need. Take stock, and have a fabulous 1998!
Information on Sew Pros Network and Business Resources offered by SewStorm Publishing
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