The extra demand for products that the holidays provide can be great for small businesses. However, it can also be challenging for them if they are not properly prepared. Here are some great small business tips to get prepared for the holidays.
1. Adjust your schedule
Many small businesses will need to add additional staff to help them handle the holiday demand. If you think that you are going to need extra personnel to handle the holidays, then it is a good idea to make the hires in advance, and adjust your schedule accordingly.
Using an employee schedule maker such as the NimbleSchedule app can help you easily adjust your schedule to accommodate the needs of your business. This app can allow you to approve shift and shift swap requests, track time, and create schedules all from the convenience of your mobile device.
2. Make holiday-based offerings
With so many people shopping for gifts around the holiday season, offering a special holiday promotion can attract interest. For example, you can offer a holiday discount. This may be a particularly helpful way to promote your business on the famous “Black Friday.”
The reason is because that day has become synonymous with large amounts of shopping and discounts. A great discount or special holiday offering can help you to attract a higher number of shoppers to your store. Promoting your business like this can help increase demand, which can help increase profits for your company.
3. Make sure your inventory is extremely organized
Sales can come very quickly during the holiday season. For this reason, if your inventory is not well organized, you can quickly lose track of your stock. You do not want to be selling items if you don’t have any left in your inventory! Doing that can cause a major headache and it can upset customers.
Instead, a great small business tip is to prepare in advance and organize your inventory very well. A point of sale, or POS system can also help you keep track of your inventory. Such systems can be very helpful and may be a great investment if your company does not already have one.