Business Planning – Managing the Operations
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Please find some links and notes from the 2 Regular Guys Podcast. Taking a segment from one of Aaron’s #SBSVideo Series shows, the guy travel in time due to some issues Aaron had getting to the ISS Ft. Worth Show. Terry and Aaron talk about traveling in time and also creating your Operational Plan. They discuss things like inventory management, labor plans and more. Here all about planning for the operations side of your business from a guy in Terry Combs who has done that for many many years.
Sponsored by: SGIA.org
Our regular listeners know this, but 2 Regular Guys are all about garment decorating, a bit of fun, and no rants or lectures or selling. We are not doing this for our employers, but rather for our industry. Since February 2013, The 2 Regular Guys have been the first and the most listened to garment decorating industry podcast on this planet! We are humbled by all of you tuning in each week. We work hard to bring you information that will make your business better, and our industry better. Take a look at our incredible weekly guest list and you’ll understand where this industry goes for news, interviews and the heartbeat of garment decorating. Thanks for listening!
Managing the Operations
Operations as part of your business plan
Overhead costs – if you’re in business, an educated guess if not
For a production facility, big or small, you need to break down your costs by your number of production hours. If you decorate 20 hours a week, your costs are divided by that number. This information will help you determine your costs.
Have enough equipment – The transition from manual to automatic
Manufacturing / Production Plan – Even with a small space
I see this as, “How are we planning to accomplish the task?” That means determining what equipment you need to produce the line you want to produce. Don’t trust the numbers a sales rep will give you based on a perfect world scenario. But once you’re comfortable with the numbers, use this as your basis again for pricing.
Scheduling and Estimating Time
The part of your business that will keep you awake at night.
Most decorators of all kinds schedule by juggling orders rather than a real schedule.
This is where you have to face the hard truth of what you’re currently capable of producing compared with what you wish you could produce
How the downtime log works
Is your schedule set in stone?
Inventory and Supplies as well as Inventory Management System
Here’s the good news for most of us on inventory, most businesses are within a day or two of a supplier who can provide you with inventory. That means to carry a minimal amount and order as you need the product.
Labor – Dealing with ebbs and flows
Your life changes forever when you get your first employee. You need key employees to be on staff full time, year round. And you need a plan to add part-time help for those key employees.
Quality Control (Shrinkage/ Spoiled Goods), Order Fulfillment and Shipping
Who’s in charge of Quality Control?
Finding mistakes as they move through production.
Shrinkage Control – eliminate the temptation
Facebook Live Video
- Aaron’s Online Video Series “Small Business Saturdays” #SBSVideos Every Saturday Morning
- October 13-14 Complete Screen Printing Business Course with Atlas Screen Supply Nashville location.
- October 17th. 1 PM to 4:30 PM The Day Before SGIA – Essential Small Business Strategies – Marketing Your Business Online
- Friday, October 19th 10:30 am – Digital Marketing: Growing Your Business with Social Media and Email Marketing
- October 27-28 Complete Screen Printing Business Course with WorkHorse Products in Phoenix.
- November 10-11 Complete Screen Printing Business Course with Atlas Screen Supply in Chicago
- ISS Ft. Worth, TX – September 27-29, 2018
- SGIA Expo – Las Vegas, NV – October 18-20, 2018
- NBM Charlotte, NC – November 2-3, 2018
- ASI Orlando – January 3-5, 2019
- PPAI Expo – January 13-17, 2019
- ISS Long Beach – January 18-20, 2019
- Creativation – January 19-21, 2019
- NBM Phoenix – February 1-2, 2019
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