How you can simply and easily improve your Business
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Here are some basic ideas that are often forgotten and if applied will create a better-performing more valuable business for you when you decide to sell.
Has this ever happened to you? You walk into an empty shop, and you find the attendant focussed on their phone or computer and not working?
With some people carrying their phone in their pocket these days, it is easy for retail staff to check their messages and browse through social media as customers come and go through their store. This scenario is very common and does nothing for brand image. Unproductive staff are a complete waste of a shop owner's money.
So, what should your staff be doing when there are no customers in your store?
1. Tidy up and clean up!
First of all, image is everything. Despite being told not to judge a book by its cover, most people do just that: they judge based on first impressions. With this in mind, your staff should ensure that when the store is empty they take the opportunity to organise the stock and keep the space clean. Floors should be swept or vacuumed, counters made tidy (and kept uncluttered) and products on shelves and displays neatly arranged. A tidy shop is always an inviting shop!
2. Make your staff pay attention to detail
With the shop looking neat and tidy, staff should turn to tasks such as stock replenishment, or stock quality and price checks and inventory counts. The key is to instil in staff an attitude which focuses on the detail in the look and feel of the store. Then they will independently (and without prompting), ensure that the store is kept tidy and in order at all times.
3. Recruit staff that cares
Building incentive schemes around this and recruiting staff with the right attitude are two ways of achieving this. Remember: staff are there to help you always provide the best customer experience possible in your store. This includes not just serving customers in the right manner, but also ensuring that your store has the right atmosphere to entice customers to come in and buy products from you over and over again. And customers will only return if they feel comfortable and relaxed in the store. Pay attention to the details and watch your business grow.
If you need help with your Business Structure and organisation, contact one of our Specialists to assist you. Have a look at our list of Business Brokers and find the right Broker for you to improve your Business and increase its value!
Written by Bruce Coudrey
Principal Benchmark Business Sales and Valuations
Bruce Coudrey has been Principal of Benchmark Business Sales & Valuations, since 1999. Benchmark is one of Australia’s largest national business brokerages. Bruce is a Registered Business Valuer and has acted as a court-appointed expert witness.
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