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From the retail news front
Recently, we saw an article for the restaurant industry aimed not at the owner or manager, but at waitresses and waiters. In the article the writer gave recognition of how demanding customers can be. It seems every industry that has to deal with the public has its' situations. And every time you gather people who have to serve the public, the "war stories" begin to fly.

However, the article was designed to focus on the little things that can be done to increase tips. Many of the ideas would increase the tips by "double digits". Some of the most interesting suggestions were:

Kneel so that you can make eye contact with the customer on the same level.

Touch the customer on the hand or should to acknowledge their request.

Write "thank you" on the bill.

Call them by name if you know it or have obtained it by seeing their charge card.

Instead of just reciting the specials of the day, ask the customer what type of food they like, and then give only one or two specials.

Did you notice that none of these ideas required any special training or knowledge? All that is necessary is an effort to make the customer feel appreciated.

Precision Shopping
Have you heard the term "precision shopping"? One of the large research firms coined the phrase. It deals with the need to save the time of a customer as they shop. The report said customers are making more frequent trips to the store, but are spending less time browsing.

If customers are making more trips to the store, how do you make sure they are making those trips to your business? There were five suggestions:
Use the names and addresses you obtain from customers to create promotional events.
Ask your customers what other products or categories they think you should carry.
Educate your employees.
Have a customer loyalty program (your own frequent flyer program).
Suggestive selling.

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FEBRUARY 2025
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Small Business

AdvisorieS

Hopefully there are few small businesses that are operating with handwritten documents. Whether you have a point of sale (POS) system; Curstomer relationship management (CRM) system; or anything digital that helps you better operate your business, there remains a question.

 

Are you using everything that you bought? That is the focus of the February Small Business Advisory.

Small Business

NewS

Top Story

As small business ownerss we are sure to disagree on many aspects of business management and ownership. However there are two items that I will always insist on.

 

The first item for you as manager and owner of a business, you must inderstand financial information. You cannot leave it to an accountant.

 

The second item is you have to invest in educating your staff regarding their responsibilities within your business.

Article of the Month

Most every small business has inventory. It may be inventory used as a part of your services. It may be inventory for items used in your business. The article of the month shares ideas of how you should control the inventory. This is important because you do not want to run out of the necessary inventory, and you do not want too much of your money sitting in more inventory than you need.


Book of the Month

You cannot beat your competition unless you know what they are doing. The February book of the month is, The Everything Store, written by Brad Stone and Jeff Bezos.

BOOK US

With over 25 years of frontline experience Tom Shay is America's leading Small Business Management Expert. He's a "Must Have" for your next event.

Small Business

Advisories

Hopefully there are few small businesses that are operating with handwritten documents. Whether you have a point of sale (POS) system; Curstomer relationship management (CRM) system; or anything digital that helps you better operate your business, there remains a question.

 

Are you using everything that you bought? That is the focus of the February Small Business Advisory.

Small Business

News

 

Top Story

As small business ownerss we are sure to disagree on many aspects of business management and ownership. However there are two items that I will always insist on.

 

The first item for you as manager and owner of a business, you must inderstand financial information. You cannot leave it to an accountant. The second item is you have to invest in educating your staff regarding their responsibilities within your business.


Article of the Month

Most every small business has inventory. It may be inventory used as a part of your services. It may be inventory for items used in your business. The article of the month shares ideas of how you should control the inventory. This is important because you do not want to run out of the necessary inventory, and you do not want too much of your money sitting in more inventory than you need.


Book of the Month

You cannot beat your competition unless you know what they are doing. The February book of the month is, The Everything Store, written by Brad Stone and Jeff Bezos.