Layoffs

Retail Management – Identifying Each Salesperson’s Lowest KPI Can Boost Sales By 30%

Stick with me here for minute – its not hard math. There are five retail KPI’s worth tracking at the individual Salesperson level: Sales per hour; items per sale; average sale; conversion rate; wage to sales ratio. If you add them all up (individually) and divide by the number of staff you get the ‘store average’ of each KPI. You can now compare each Salesperson’s five KPI’s to the ‘store average KPI’ instantly revealing the MOST deficient statistic or undersupplied ...

Restaurant Scheduling For Success- From E-Book “How To Improve Dining Room Service”

This Tip will Help Maintain the Staff Schedule Keeping the Dining Room Service Staff Tight and Content which is Essential for Pleasing Paying Guests. Staff scheduling is closely tied to dining room customer service and crucial for keeping your staff tight, happy and well connected. In every way, a balance must be achieved by matching the dining room service labor needs to forecasted business. There should be a system whereby the staff shift availability days can be co...

The Vital Few

Back in the 19th century, an Italian economist quantified the general relationship between a minority of producers and a majority of output. Sound familiar? The simplified version of Vilfredo Pareto's ratio, known as the 80/20 rule or the Pareto Principle, says that in most cases, 80% of production comes from 20% of producers. Quality guru J.M. Juran referred to Pareto's principle as "The Vital Few and the Trivial Many". If you are running a company, the 80/20 rule has po...

Good Experiences Come Back 10 Fold

How many times have you needed to call for a service such as carpet cleaning? Mechanic service? How about a more serious issue such as a flood service? Did you find that looking through the phone book just doesn’t give enough info and searching online pops up to many unreliable, irrelevant leads? Either way, I personally find it hard at times to find quality, fast reliable service. For instance, I thought word of mouth was the best way to get what I am looking for. So...

Top Tips For Setting Up A Beauty Salon

Setting up a beauty salon business is often the first brave step in the business world for many would-be entrepreneurs. Below we look at some basic top tips for setting up a beauty salon which should see you on your way. Setting up your own business is often a difficult decision. In fact, many people leave the relative comfort of a good job with a steady income when they decide to launch out alone. So why do they do it? Simply put, hair and beauty salons are big business. ...
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