A lot of running a new business is common sense. You have to sell at a percentage higher than what you buy, etc. But there are still people who don't have a grasp on common sense, or they choose to speak or act before thinking things out. There are common sense tips that all business owners should follow, regardless of your industry.
First, treat all your employees and clients with respect. By that we mean, do not curse or raise your voice at your employees or clients, if there is a problem with either one of them, be sure to take some time to cool down before addressing the issue.
Second, set a list of prices. Some businesses run by making up prices off the top of their heads depending on who they're working with, it's important to have a set list of prices for everyone. If a client you gave a low price to talks a friend into doing business with your company, he's going to expect to pay the same price, if you charge him a little higher for the same service, you're bound to lose both clients.
Third, make sure to keep accurate records of all business transactions. It's important to not only keep your LLC filing documents, or articles of incorporation, but all city and tax documents, as well as all transactions for services you have performed for clients. The better your record keeping, the easier it is for you to pinpoint a problem if it ever arises.
When your small business grows a bit you'll probably need to hire someone to help you out and it's very important that you try and hire the right person for the job. If you work in a small office or environment, think not only about the qualifications of the person you're considering but also their personality. If you work in a small area, you want to make sure you're going to get along with the person you're working closely with. That doesn't mean that you have to be their best friend, but having people around that you like will keep the office flowing better, if there's tension in the office, though it may not be work related, it could potentially harm your work. If you've got two people who are qualified, one might be a little more qualified than the other, but if the other's a better match, sometimes it's OK to take a chance and hire the less qualified candidate. When you hire someone it's also important for your employee to feel appreciated, especially if the employee is a great asset to your company. Everyone likes to feel like they mean something at their job, and it doesn't take much to make a good employee feel appreciated, buying them lunch once in a while or even shooting them an email here and there to let them know they're doing a good job is good enough.
Hershey Co, North America's largest chocolate manufacturer has reached a tentative deal with the employees of two facilities in Hershey, Pennsylvania. Hershey hopes to expand one of the facilities in order to modernize it and make it the largest chocolate making facility in the world. Hershey hopes to reach a final deal with it's employees within the next month or so.