Casual Articles - Business

What's in a Face?
I once had a colleague that would roll his eyes at almost every idea that wasn’t his own. Additional facial expressions that complemented the eye-rolling were typically easy to spot as well: puffed cheeks then a release of air, sighs, furrowed brows, and other assorted expressions that gave everyone around the distinct impression that this individual thought he was way too smart to have to

er and printer) - comes to about $0.07 per bar

Wrapping - If you are skilled, you can wrap and label every soap bar in 1 minute of labor. This comes to $0.25 wrapping cost per bar.

4. LET'S SUM IT ALL UP:

Fixed costs per bar: $0.3
Raw materials per bar: $0.46
Labor per bar: $0.07
Labeling per bar: $0.07
Wrapping per bar: $0.25

TOTAL COST: $1.15 PER BAR

So if you sell every bar for $2-4, you make a nice profi

Focusing on Consistency (Part 1)
When we aim for consistency in our communications, values, messages, images, offerings, and the customer experiences we create, we take another significant step toward developing long-lasting and meaningful customer relationships that will boost our bottom line.We know that as consumers, we are able to exercise our choices to achieve the most enjoyable and efficient experiences possib

If you ever thought of making and selling your soaps, You must read this article. We'll talk about how to correctly price your soaps.

This is very important, as you need to know exactly how much a bar of soap costs you to make.

Pricing is extremely important for any business to maximize profit. Why?

Simple.

If you price your soaps too low - you end up loosing money you should be making.

If you price your soaps too high - you loose customers and sales you should have made (because they buy from your competitor, where it's cheaper).

Do you see why correct pricing is so important? ;-)

So, let's begin.
All the numbers below are merely examples. Your numbers will be different:

1. FIXED COSTS:

All the costs you have before making one bar of soap, per month:

Rent: $150 (one room of your house is used for soap making)
Phone: $70
Water: $10
Electricity: $20
Insurance: $20
Equipment (pots, spoons, thermometers, moulds etc.): $30
(let's assume I spend $360 per year in equipment)

So, the total for fixed costs is : $300 per month.

If you make 1,000 soap bars per month, your fixed cost per bar would be:

$300 / 1,000 = $0.3 per bar

2. RAW MATERIALS

Let's take a simple soap recipe to make things easier here:

Olive oil: $11 for 128 oz.
Coconut Oil: $14.01 for 128 ounces
Palm oil: price $14.01 for 128 ounces
Lye: $4.50 for 16 ounces
Distilled water: $.99 for 128 ounce

So, the total raw material costs for making
a batch of 96 bars is $44.51, or $0.46 per bar.

3. LABOR, LABELING & WRAPPING

Let's tally the labor, labeling and wrapping:

Labor: 1/2 per batch of 96 bars
(if you're skilled). At a cost of $15 per hour,
this comes to $7.5 per batch, or $0.07 per bar.

Labeling: (cost of paper, printer and ink - for small batches you can use your home computer and printer) - comes to about $0.07 per bar

Wrapping - If you are skilled, you can wrap and label every soap bar in 1 minute of labor. This comes to $0.25 wrapping cost per bar.

4. LET'S SUM IT ALL UP:

Fixed costs per bar: $0.3
Raw materials per bar: $0.46
Labor per bar: $0.07
Labeling per bar: $0.07
Wrapping per bar: $0.25

TOTAL COST: $1.15 PER BAR

So if you sell every bar for $2-4, you make a nice profit

7 Steps Any Solopreneur Can Use to Build a Winning Brand
What does your brand say to your customers? What, you don't have a brand because you're a solopreneur; a one-woman shop? Ah, but you do. If you have business, you have a brand, whether you realize it or not.Think of some of the world-wide brands we experience every day – Target, Dell, and BMW. Just mentioning these names conjures up a feeling, doesn't it? For example, when you th

you should have made (because they buy from your competitor, where it's cheaper).

Do you see why correct pricing is so important? ;-)

So, let's begin.
All the numbers below are merely examples. Your numbers will be different:

1. FIXED COSTS:

All the costs you have before making one bar of soap, per month:

So, the total for fixed costs is : $300 per month.

If you make 1,000 soap bars per month, your fixed cost per bar would be:

$300 / 1,000 = $0.3 per bar

2. RAW MATERIALS

Let's take a simple soap recipe to make things easier here:

Olive oil: $11 for 128 oz.
Coconut Oil: $14.01 for 128 ounces
Palm oil: price $14.01 for 128 ounces
Lye: $4.50 for 16 ounces
Distilled water: $.99 for 128 ounce

So, the total raw material costs for making
a batch of 96 bars is $44.51, or $0.46 per bar.

3. LABOR, LABELING & WRAPPING

Let's tally the labor, labeling and wrapping:

Labor: 1/2 per batch of 96 bars
(if you're skilled). At a cost of $15 per hour,
this comes to $7.5 per batch, or $0.07 per bar.

Labeling: (cost of paper, printer and ink - for small batches you can use your home computer and printer) - comes to about $0.07 per bar

Wrapping - If you are skilled, you can wrap and label every soap bar in 1 minute of labor. This comes to $0.25 wrapping cost per bar.

4. LET'S SUM IT ALL UP:

Fixed costs per bar: $0.3
Raw materials per bar: $0.46
Labor per bar: $0.07
Labeling per bar: $0.07
Wrapping per bar: $0.25

TOTAL COST: $1.15 PER BAR

So if you sell every bar for $2-4, you make a nice profi

Trainer Training: Details Getting In The Way
Boring - that’s the last word we want to hear in our training evaluations! There can be many reasons why our students feel that way. A common reason for boredom and confusion is providing too much information.What factors contribute to this? Perhaps we want to show that we understand the business. Maybe we want to give them a deeper picture in hopes that they will better comprehend the

ment (pots, spoons, thermometers, moulds etc.): $30
(let's assume I spend $360 per year in equipment)

So, the total for fixed costs is : $300 per month.

If you make 1,000 soap bars per month, your fixed cost per bar would be:

$300 / 1,000 = $0.3 per bar

2. RAW MATERIALS

Let's take a simple soap recipe to make things easier here:

Olive oil: $11 for 128 oz.
Coconut Oil: $14.01 for 128 ounces
Palm oil: price $14.01 for 128 ounces
Lye: $4.50 for 16 ounces
Distilled water: $.99 for 128 ounce

So, the total raw material costs for making
a batch of 96 bars is $44.51, or $0.46 per bar.

3. LABOR, LABELING & WRAPPING

Let's tally the labor, labeling and wrapping:

Labor: 1/2 per batch of 96 bars
(if you're skilled). At a cost of $15 per hour,
this comes to $7.5 per batch, or $0.07 per bar.

Labeling: (cost of paper, printer and ink - for small batches you can use your home computer and printer) - comes to about $0.07 per bar

Wrapping - If you are skilled, you can wrap and label every soap bar in 1 minute of labor. This comes to $0.25 wrapping cost per bar.

4. LET'S SUM IT ALL UP:

Fixed costs per bar: $0.3
Raw materials per bar: $0.46
Labor per bar: $0.07
Labeling per bar: $0.07
Wrapping per bar: $0.25

TOTAL COST: $1.15 PER BAR

So if you sell every bar for $2-4, you make a nice profi

Conflict Resolution And Understanding The Cost Of Conflict
Understanding the cost of conflict is a major factor in persuading contesting parties to attempt conflict resolution and turn their conflict into collaboration.Stewart Levine in his excellent book "Getting to Resolution – Turning Conflict into Resolution" identifies four costs of conflict:Direct costsProductivity costsContinuity costs

Lye: $4.50 for 16 ounces
Distilled water: $.99 for 128 ounce

So, the total raw material costs for making
a batch of 96 bars is $44.51, or $0.46 per bar.

3. LABOR, LABELING & WRAPPING

Let's tally the labor, labeling and wrapping:

Labor: 1/2 per batch of 96 bars
(if you're skilled). At a cost of $15 per hour,
this comes to $7.5 per batch, or $0.07 per bar.

Labeling: (cost of paper, printer and ink - for small batches you can use your home computer and printer) - comes to about $0.07 per bar

Wrapping - If you are skilled, you can wrap and label every soap bar in 1 minute of labor. This comes to $0.25 wrapping cost per bar.

4. LET'S SUM IT ALL UP:

Fixed costs per bar: $0.3
Raw materials per bar: $0.46
Labor per bar: $0.07
Labeling per bar: $0.07
Wrapping per bar: $0.25

TOTAL COST: $1.15 PER BAR

So if you sell every bar for $2-4, you make a nice profi

Brainstorming Do's and Don'ts
We tend to put brainstorming in a box and assume that it is a no-holds barred, free form meeting with no structure or focus. But quite the opposite is the case. In fact there are lots of things that can derail a brainstorming meeting and put the meeting into a permanent tailspin.Perhaps the most important don't for brainstorming is don't be critical or judgmental of ideas presented d

er and printer) - comes to about $0.07 per bar

Wrapping - If you are skilled, you can wrap and label every soap bar in 1 minute of labor. This comes to $0.25 wrapping cost per bar.

4. LET'S SUM IT ALL UP:

Fixed costs per bar: $0.3
Raw materials per bar: $0.46
Labor per bar: $0.07
Labeling per bar: $0.07
Wrapping per bar: $0.25

TOTAL COST: $1.15 PER BAR

So if you sell every bar for $2-4, you make a nice profit.

Of course, if you want to use more expensive oils in your soaps, you will have bigger costs, but you can also sell your soaps for larger profits.

Another thing to consider is that you can reduce your costs dramatically by ordering materials in larger amounts, and making bigger batches. This can reduce your costs at %30 per bar! So please consider that after you make your first batches.

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You've been in your job for a few years. You get a decent paycheck and your benefits are helpful. You try to tell yourself you should be happy you have such a good job, but some days you have to face how unhappy you are at work. Read this list of ten clues and count how many fit your situation. Is it time for you to explore your options for your next job or career?

As a merchant you want, one of your many goals is to provide your customers with as many opportunities to pay you as possible. One of the most convenient ways for many customers to pay you is with their credit cards. For the customer it means added security because if there is a problem, they have the credit card company behind them. For you, the merchant, it means the funds are in your bank in 24 hours and there is no handling of cash. But who should you go to in order to set up your merchant account and what questions should you ask? There are some very important questions you should ask yourself and your prospective merchant processor before committing to one.

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