Proper management is essential to achieving success in your convenience store operation. Unfortunately, convenience store owners sometimes make mistakes that limit the success they have with their business.
The following are six of the biggest convenience store management mistakes to avoid.
Not focusing on employee retention
Employee turnover can be a big problem when it comes to convenience store management. That's why it's important to focus on keeping your employees happy, making them less likely to leave your company.
Read More
As a business owner, you may want to know whether the products or services you want to introduce in the market will do well. You may also want to know if your company has a good image out there. However, the approach you use determines the results you get. Of course, you may be too curious and be tempted to conduct market research yourself, but this isn't the way to go.
Read More
You've opened your first bar, restaurant, tavern, or other business and you are working hard to create loyal customers who will come back for more. One of the best ways to supercharge your profits and growth would be to obtain your liquor license so you can sell alcohol and reap the high profits that often come from selling beer, wine, or mixed drinks. But in order to do this, you will first need to obtain your liquor license, and that's not as easy as adding any other item to your menu.
Read More
MTBF prediction and calculation processes allow you to make determinations about the likelihood that a system will fail within a specified period. This has implications for manufacturing, computing, business processes, and many more fields. You might wonder how these calculations and predictions may be useful for your operation. Here are four common cases for employing MTBF prediction and calculation services.
Inspection, Repair, and Refit Cycles
One of the most common uses is to determine when to inspect and repair machines.
Read More
When it comes to managing a business, there are a lot of different aspects that go into making sure things run smoothly. From human resources to accounting and everything in between, there's a lot to keep track of. One area that is often overlooked is sexual abuse and misconduct risk management (SAM). However, this can be a very important part of keeping your company safe and ensuring you're protecting your employees.
Read More