Don't Do This If You Don't Want A Collapsing Side Business
It's funny, I'll take 10, say, pay later, it's normal for payday! " Well, if you have a side business that is bought by your friends. Many will make it easy especially about payment.
If it's just one person, maybe it's okay sis, try to imagine if all your friends are like that, it can be fun! The intention of the heart is to add accounts through side businesses, eh, this is actually a bookie loss.
Even if it's only a side business, small business and your friends buy it, it doesn't mean you don't have the right to be strict. Check out the following things that big no no for you to do if you do not want to lose money by side business.
1. Don't get soft
Friends, friends, but when it comes to selling, you have to be firm. Remember, what are you selling for, increasing your income, so you can save, invest and other financial goals.
Do not give concessions to friends just because of the relationship. Instead, a good friend should understand that you are selling extra capital, mind, energy and time.
Don't be too soft with your friends or relatives when it comes to selling your things.
2. Indulgence in discounts
When you have a side business whether it's a service or a product, don't easily give a discount, especially if the price you love is fixed. Do you want to come up short or do it just because you want to impress your friends or relatives by giving a discount.
No need to pretend to want to impress people that way. Guaranteed your side business will not go forward.
3. Debt debt
Even if forced to until someone wants to owe, record and bill according to the promise
The habit of debt is indeed unavoidable, especially if we offer our sales to friends at work.
It's not forbidden to allow a friend to owe, but make sure you note who is in debt, how much and note the promise when paying the debt. Bill that owes and not given the freedom to buy time debt. You need a return on investment to be able to keep your side business going.
4. No money? Yes don't buy
If it turns out you have a very tight capital and can't apply the debt system, then explain in the beginning with your buyers. When they want to buy your sales product, make sure they pay for it right away.
If you don't have money but insist on debt, just say they can delay buying until there is new money, the goods will be given. It is true that the possibility that can happen to your friends or prospective buyers will be frustrated. It is not possible they will spread stories that are not wearing about you to other friends.
Will say you have the heart, stingy and so on. But if it's really your principle in selling, it's fine, no need to feel too guilty or feel like a bad person.
5. Wasteful tester
For those of you who have a side business of food or beverage products, there is usually a name that gives a tester to convince potential buyers that the product you are selling is good enough to buy.
Well, make sure you calculate the initial capital to provide the tester. Not too much or too generous. Just enough. Do not want to lose or be used. Really, like selling pastries and making a one-jar tester for one person, oh no, I haven't returned the money, I'm already busy with the mbaksis.
6. Don't care about quality
As a seller you also have to make sure all the products you sell are quality or not disappointing, according to the price. Because usually selling with friends themselves is more complicated, they will complain easily, even though it might not be necessary.
This should also be a reminder for those of you who have side businesses to not careless too huh. If you get the goods from the supplier, make sure the supplier is truly trusted.
If you produce the product yourself, make it as good as possible so that those who buy are satisfied and will become loyal buyers, and can even influence others to buy as well or mouth to mouth promotion.
Source : indozone.id