Friday, January 6, 2012

Chicago Electric Power Tools

With a limited budget for tools in your workshop, Chicago Electric power tools are an option to explore. Chicago Electric power tools offer a variety of tools to select from. Their line of tools is economically priced to give you power for your dollars. From their cordless drills to their largest floor model equipment, Chicago Electric power tools give you value for your dollar. They offer many tools you desire at bargain basement prices.

Chicago Electric power tools offer a wide range of equipment including corded and cordless equipment. They even have a few items for your workshop. Their band saw is popular with airplane kit builders. The offerings from Chicago Electric power tools include both corded and cordless drills, saws of all types, sanders and grinders. They offer both outdoor yard tools and household power tools. They even offer electric winches of various capabilities and an electric hoist. The variety that Chicago Electric power tools offer extends to some automotive related tools as well. A few bench based tools are offered also, like a compound miter saw.

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Bands saws are used to cut thinner material into odd shapes with less wastage from the width of the blade. The thin flexible blade allows material to be cut with a radius curve smaller than you can get from a circular saw. With a band saw, you rotate the material as you cut it to achieve the curve you desire. It is possible to make a tool called a jig that will help you to achieve a very smooth curve reducing the amount of sanding needed to finish the piece.

The band on the band saw being thin and flexible has a tendency to break while you are cutting material. When this happens, shut the machine off and replace the blade. Usually the blade will break at the point it was welded together and will not shatter into pieces. When you purchase replacement blades, spend the money necessary to get the best you can find. The welds will be stronger and the blade will last you much longer than cheaper blades will. Be careful when pushing material into the blade. Do not wear any gloves or loose fitting long sleeves when operating a band saw. The blade has a tendency to catch such items and draw the flesh under it into the blade cutting quickly and deeply. Whenever operating any equipment that Chicago power tools offers, wear protective eyewear to protect your eyes from flying materials.

Chicago Electric power tools offers quality power tools at bargain basement prices. They have the tools you desire at the prices you want to pay. When you are on a limited budget to fill your workshop with tools to accomplish those projects you absolutely have to get done, Chicago Electric power tools are definitely the best option available. You can find these tools online or at selected stores in your area.

Chicago Electric Power Tools

Logan is a published author of a popular online furniture making magazine. In his free time he enjoys refurnishing old furniture and remodeling his home. Needless to say, he is an expert on a large variety of power tools and he will share his list of essential tools needed for over 100 projects at http://www.mtakata.com. Visit the ridgid power tools website to learn more.

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Bakery Marketing Plan on a Shoestring Budget

Your bakery marketing plan details the brand image you intend to create and how you will communicate the message of your business to customers. These tactics often include public relations campaigns, print and internet advertising, or direct mail pamphlets or coupons. All of these techniques can be costly. Consider whether you can market your bakery through one of these low-cost tactics.

Your Product as Your Marketing

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Your product itself, given away to potential customers, is marketing. This could be through free samples given out on the street in front of your store or gift baskets sent to local businesses when you open. The cost is limited to your labor and supplies and can he high if done on a huge scale. However, if your products are high quality and will get potential customers talking, this tactic can create the buzz you need.

Your Brand as Your Marketing

Creating remarkable branding, including your store and package design, logo, slogan, business cards and other printed materials, can help to create images and ideas that stay in the customers mind. By standing out to passersby from your location's exterior you are much more likely to bring in foot traffic. By creating a unique store interior you can persuade more customers to stay and try the products. If you have a remarkable idea for a brand strategy, as well as good design sense or the ability to work with a talented designer, you can build awareness for your business with minimal investment.

Deeper Relationships Rather Than More Relationships

When customers cannot be counted on to return and growth means selling to more and more customers, the cost of marketing can be huge. When you focus instead on creating deeper relationships with the customers you have, this cost can drop significantly for the same revenue level. Loyalty programs are one way to encourage customers to keep returning to earn bonuses or discounts. However, unless you have one amazing item, you will need a variety of options to continue to interest customers to return time after time. Also look for ways to sell more to a customer each time they visit. For example, can a harried worker who buys a croissant and coffee for breakfast be interested in a bag lunch to eat on the job later? It might not be for everyone, but this is one way to make a greater claim on the customer's share of wallet - the total amount they spend on food and drinks each day.

Bakery Marketing Plan on a Shoestring Budget

Are you looking for more tips on how to start a bakery or advice on developing a business plan for a bakery? Call 877-BIZ-PLAN to learn how Growthink can help you build your bakery business.

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Thursday, January 5, 2012

The 7Ps of Marketing Mix

Marketing professionals and specialist use many tactics to attract and retain their customers. These activities comprise of different concepts, the most important one being the marketing mix. There are two concepts for marketing mix: 4P and 7P. It is essential to balance the 4Ps or the 7Ps of the marketing mix. The concept of 4Ps has been long used for the product industry while the latter has emerged as a successful proposition for the services industry.

The 7Ps of the marketing mix can be discussed as:

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Product - It must provide value to a customer but does not have to be tangible at the same time. Basically, it involves introducing new products or improvising the existing products.

Price - Pricing must be competitive and must entail profit. The pricing strategy can comprise discounts, offers and the like.

Place - It refers to the place where the customers can buy the product and how the product reaches out to that place. This is done through different channels, like Internet, wholesalers and retailers.

Promotion - It includes the various ways of communicating to the customers of what the company has to offer. It is about communicating about the benefits of using a particular product or service rather than just talking about its features.

People - People refer to the customers, employees, management and everybody else involved in it. It is essential for everyone to realize that the reputation of the brand that you are involved with is in the people's hands.

Process - It refers to the methods and process of providing a service and is hence essential to have a thorough knowledge on whether the services are helpful to the customers, if they are provided in time, if the customers are informed in hand about the services and many such things.

Physical (evidence) - It refers to the experience of using a product or service. When a service goes out to the customer, it is essential that you help him see what he is buying or not. For example- brochures, pamphlets etc serve this purpose.

The 7Ps of Marketing Mix

Medha Behera

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Atlantic City Buffets - The Best Buffets in Atlantic City

Are you heading to Atlantic City and looking for a place to eat in town? Well, you're in luck. I just took a trip to that old river city a few months and spent my days looking for the perfect buffet restaurants to satisfy my voracious appetite.

What did I find? Here's a list of restaurants that I found that have really awesome and really affordable food in the Atlantic City:

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1. The Melting Pot

If you want to try something different, The Melting Pot restaurant is for you. A well-known fondue restaurant, it is a perfect "date spot" to bring someone special to you.

2. Waterfront Buffet

If you want a resto where there's a variety of food to choose from, Waterfront is the best option. Whether you feel like eating dimsum, Mongolian, crabs or crispy fried chicken, you'll find it here.

3. Tun Tavern Restaurant and Brewery

If you want to have fun, the Tun Tavern is the best place to go in the city. It is known as one of the liveliest spots in the city. At the Tun Tavern, you'll have your fill of great food and great beer.

The best thing about all these places? All of these restaurants are giving out discount coupons online! So, go ahead and check them out!

Warning: A lot of the promos are available only online, so take advantage of this information! Simply type in the restaurant name plus the word "coupon" in the search engine to find printable coupons to make you and your wallet happy!

Good luck and happy feasting!

Atlantic City Buffets - The Best Buffets in Atlantic City

Nothing beats a great dining experience. Want to eat your fill at a restaurant without having to spend a lot? Check out this resource on free buffet coupons.

Going to Atlantic City soon? Check out this helpful article in the best Atlantic City Coupons.

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How to Improve Working Capital Management

"Cash is the lifeblood of business" is an oft-repeated maxim amongst financial managers. Working capital management refers to the management of current or short-term assets and short-term liabilities. Components of short-term assets include inventories, loans and advances, debtors, investments and cash and bank balances. Short-term liabilities include creditors, trade advances, borrowings and provisions. The major emphasis is, however, on short-term assets, since short-term liabilities arise in the context of short-term assets. It is important that companies minimize risk by prudent working capital management.

What Affects Working Capital Management:

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o Organizations are generally focused on cash, accounts payable and supply chain issues. On the hand, external issues like the legal and business environment, or internal mechanisms like organization structure, information systems, can significantly impact working capital.

o Owing to market pressures, companies are led to paying a lot of attention to producing good quarterly results quarter after quarter. Undue focus on this may sometimes produce a flattering but inaccurate snapshot of working capital performance. This also happens in companies that have a marked seasonality of operations with working capital requirements varying widely from quarter to quarter.

Measures to Improve Working Capital Management:

o The essence of effective working capital management is proper cash flow forecasting. This should take into account the impact of unforeseen events, market cycles, loss of a prime customer and actions by competitors. The effect of unforeseen demands of working capital should be factored in.

o It pays to have contingency plans to tide over unexpected events. While market-leaders can manage uncertainty better, even other companies must have risk-management procedures. These must be based on objective and realistic view of the role of working capital.

o Addressing the issue of working capital on a corporate-wide basis has certain advantages. Cash generated at one location can well be utilized at another. For this to happen, information access, efficient banking channels, good linkages between production and billing, internal systems to move cash and good treasury practices should be in place.

o An innovative approach, combining operational and financial skills and an all-encompassing view of the company's operations will help in identifying and implementing strategies that generate short-term cash. This can be achieved by having the right set of executives who are responsible for setting targets and performance levels. They are then held accountable for delivering, encouraged to be enterprising and to act as change agents.

o Effective dispute management procedures in relation to customers will go along way in freeing up cash otherwise locked in due to disputes. It will also improve customer service and free up time for legitimate activities like sales, order entry and cash collection. Overall, efficiency will increase due to reduced operating costs.

o Collaborating with your customers instead of being focused only on own operations will also yield good results. If feasible, helping them to plan their inventory requirements efficiently to match your production with their consumption will help reduce inventory levels. This can be done with suppliers also.

Working capital management is an important yardstick to measure a company operational and financial efficiency. This aspect must form part of the company's strategic and operational thinking. Efforts should constantly be made to improve the working capital position. This will yield greater efficiencies and improve customer satisfaction.

How to Improve Working Capital Management

Alexander Gordon is a writer for http://www.smallbusinessconsulting.com - The Small Business Consulting Community. Sign-up for the free success steps newsletter and get our booklet valued at .95 for free as a special bonus. The newsletter provides daily strategies on starting and significantly growing a business.

Business Owners all across the country are joining "The Community of Small Business Owners” to receive and provide strategies, insight, tips, support and more on starting, managing, growing, and selling their businesses. As a member, you will have access to true Millionaire Business Owners who will provide strategies and tips from their real-life experiences.

HERTZ

How to Improve Working Capital Management

"Cash is the lifeblood of business" is an oft-repeated maxim amongst financial managers. Working capital management refers to the management of current or short-term assets and short-term liabilities. Components of short-term assets include inventories, loans and advances, debtors, investments and cash and bank balances. Short-term liabilities include creditors, trade advances, borrowings and provisions. The major emphasis is, however, on short-term assets, since short-term liabilities arise in the context of short-term assets. It is important that companies minimize risk by prudent working capital management.

What Affects Working Capital Management:

HERTZ

o Organizations are generally focused on cash, accounts payable and supply chain issues. On the hand, external issues like the legal and business environment, or internal mechanisms like organization structure, information systems, can significantly impact working capital.

o Owing to market pressures, companies are led to paying a lot of attention to producing good quarterly results quarter after quarter. Undue focus on this may sometimes produce a flattering but inaccurate snapshot of working capital performance. This also happens in companies that have a marked seasonality of operations with working capital requirements varying widely from quarter to quarter.

Measures to Improve Working Capital Management:

o The essence of effective working capital management is proper cash flow forecasting. This should take into account the impact of unforeseen events, market cycles, loss of a prime customer and actions by competitors. The effect of unforeseen demands of working capital should be factored in.

o It pays to have contingency plans to tide over unexpected events. While market-leaders can manage uncertainty better, even other companies must have risk-management procedures. These must be based on objective and realistic view of the role of working capital.

o Addressing the issue of working capital on a corporate-wide basis has certain advantages. Cash generated at one location can well be utilized at another. For this to happen, information access, efficient banking channels, good linkages between production and billing, internal systems to move cash and good treasury practices should be in place.

o An innovative approach, combining operational and financial skills and an all-encompassing view of the company's operations will help in identifying and implementing strategies that generate short-term cash. This can be achieved by having the right set of executives who are responsible for setting targets and performance levels. They are then held accountable for delivering, encouraged to be enterprising and to act as change agents.

o Effective dispute management procedures in relation to customers will go along way in freeing up cash otherwise locked in due to disputes. It will also improve customer service and free up time for legitimate activities like sales, order entry and cash collection. Overall, efficiency will increase due to reduced operating costs.

o Collaborating with your customers instead of being focused only on own operations will also yield good results. If feasible, helping them to plan their inventory requirements efficiently to match your production with their consumption will help reduce inventory levels. This can be done with suppliers also.

Working capital management is an important yardstick to measure a company operational and financial efficiency. This aspect must form part of the company's strategic and operational thinking. Efforts should constantly be made to improve the working capital position. This will yield greater efficiencies and improve customer satisfaction.

How to Improve Working Capital Management

Alexander Gordon is a writer for http://www.smallbusinessconsulting.com - The Small Business Consulting Community. Sign-up for the free success steps newsletter and get our booklet valued at .95 for free as a special bonus. The newsletter provides daily strategies on starting and significantly growing a business.

Business Owners all across the country are joining "The Community of Small Business Owners” to receive and provide strategies, insight, tips, support and more on starting, managing, growing, and selling their businesses. As a member, you will have access to true Millionaire Business Owners who will provide strategies and tips from their real-life experiences.

HERTZ

Learning How to Use a Cash Register

Both the owner of new business and employee must learn how to use the cash register. Learning it is useful for them to prevent fumbling at the area of checkout. Fortunately, cash registers of nowadays are not that complicated as the previous one. Today, they are simple, efficient, and fast to use.

Even, several cash registers are set up with scanner systems. The systems can give you much info that deals with the product being bought because they can send the information to computer in that store.

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To use a cash register, first of all, you should ensure that the rate of tax has been programmed into the machine to calculate sales tax automatically based on your manual. To print receipts, load a roll of paper into the machine. You need to ensure that you have installed a fresh ink roller in the machine.

In addition, set the clock to read the accurate time. If the machine has a backup system, assure there is a new battery backup pack installed. Plug the machine into a power outlet and set it to "Sales" or "Regular".

Then, enter amount of the sale in the dollar, including the decimal point and change. If you could not find any change happens, you can press the key of double zeros "00". To process the product, just press "Enter". Next, you have to repeat it for each product. As you process the order, each item will print on receipt.

Press "Enter" or "Total" when you have entered the last item. On some cash registers, you must repress the "Subtotal" button to display the final total. Then, you can take the cash of customer and type it. Press "Tender" or "Cash" to open the register drawer. The change will display on the screen of cash register.

If your customer pays with a check, just press the button of "Check". In this case, ensure to get identification. Press the button of "Charge" if your machine is linked to the machine of credit card, and then swipe the card of customer in. If it is approved, the machine will display at all zeros and the receipt will print.

Learning How to Use a Cash Register

Businesses try to save money on all aspects of their operation. In this case, purchasing used cash registers is an excellent way to do this. To find the right types of used cash registers for sale for the type of business you are conducting requires good research. That is why, http://cheapcashregister.org is available as the best contact and resource to help you get it done.

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