repair cafÉ LLC
Continuous improvement for business by entrepreneurs for entrepreneurs
focus on your core business
When you are starting a business, particularly if it is your first time doing so, many business owners find themselves overwhelmed by the amount of daily tasks involved with running the business, the laws and regulations associated with remaining compliant, and the number of individuals you actually require to run that business.
Some find they require third parties to handle payroll, human resources, marketing, tax preparation and other tasks. But the biggest obstacle for those starting out is obtaining capital to operate the business.
Since obtaining capital is difficult, it makes sense to look to professionals who can help get the "back-end" work taken care of for you so you can focus on keeping customers satisfied.
HOW DO YOU KNOW IF YOU ARE DOING THINGS "RIGHT?"
The simple answer is that there is no fast and easy way to know if you are being as operationally efficient or compliant with industry "best practice." Sometimes it's best to turn to those who have experienced your pain points as entrepreneurs - from getting inventory orders accurate to hiring the right number of staff for your operation.
The best thing to do on your own is to ensure you maintain paperwork for your organization (i.e., keep everything organized starting with your purchase documentation, EIN number, right down to the last receipt). Doing this will make everything more accurate and faster, including billing customers, procuring inventory, payroll, marketing and more. And your accountant will also thank you!
