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Words: 779 | Submitted: Wed Apr 30 2008
... This knowledge is important because many customers might be buying certain product first time. This could be ingredients, company of product or if the product is suitable for vegetarian. * Creativity: Creativity is skill which can be used to attract customers by decorating the shop in a way which people will like. This also includes organising products in sections so it's easy for customers to find things they want. * Stock taking: Stock taking is to know what product I will want for my shop. This stock taken after observing expiry date and amount of products would be taken. Stock taking might also need some market research to find out what will people buy most. * Setting budget: While setting budget I should know that it will make profit not loss. I should also consider what budget people would think its good value for money. Skill needed to run a sole trader business The ...
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