Opening up your very first physical location, for a side hustle or small business you’ve been working at for a long time now, is both a very scary and very exciting time. You need to be sure you’ve got everything squared away, and in the interests of helping you do that, we’ve compiled a little checklist for you to follow below.
Is Your Payroll Software Sorted?
If you’ve got people working for you, and you’re new to the concept of being the boss, you need to double check your payroll software. You could even use HMRC’s own payrolling software to begin with, if you’re not sure what to look for, and you’re working with a tight budget. These are basic tools, and you can upgrade from here.
Have You Got the Right Insurance?
The right insurance will save you a lot of money in the long run, even if it’s a big investment right now. For example, if you wanted to run your own electrician’s business, you need to invest in a very specific type of insurance to cover both you and your company – indeed, checking out links such as Rhinotradeinsurance.com could tell you more about that.
Can People Get in Touch with You?
You need a phone line, and it needs to be reliable. With about 60% of customers preferring to use the phone to get in touch with a small business like yours, there’s a good chance it’ll be ringing off the hook. So you need crisp and clear reception, and maybe even a virtual receptionist to screen the calls until you can get to them. And there are plenty of ways to set up a phone line, even via the use of the internet you’re already paying for.
Are You Friendly with Your Supplier?
The supplier you’re using for your business needs to like you – this way, you get the best deals, and you get first pick of the bunch whenever you need to bring in new stock. Not to mention just how much money can be saved via good working relationships. So get to know your suppliers, and make sure they’re at the top of your networking list.
Are You Still Marketing for Your Online Store?
And finally, make sure your online store is still at the top of your list of priorities. It’s important to keep on marketing via your online retail portal, as it’s where you’ve made the bulk of your money so far, and most people are going to find you through it. It’s also a good way to market for your physical location in the early stages, so even amp up the digital marketing you’re running right now.
If you need to run your new store through a checklist right now, look no further! It’s important to stay on top of the game during such a highly stressful time like this, and having a few gentle reminders here and there will help you in the long run.