You need to think for long term if you want your sales to be increased further:
- by Ferrara
So as the owner of a company, you notice a spike in the sales of your product. The first thing that you would do is to definitely increase your manufacturing rate. This seems understandable as the costumers are buying your items, you need to manufacture more. After a certain period of time, you have to get your manufacturing rate lower, in spite of having the sales rates high, as you will run out of space to store the goods. Therefore, it is important for the owner to understand that it would be wise to invest in getting a warehouse. By doing so, you will be able to keep manufacturing your goods while stacking them at a safe place.
Calculate the space that you need and pay only for it:
Most of the dealers out there will suggest you to get more space as you consider getting a Rama 2 Factory rental [โรงงานพระราม 2, which is the term in Thai]. However, it is important to understand that getting more space when you don’t need it will be like throwing away your money for nothing. You can stack most of the packages on top of each other. But consider getting a forklift if you are planning to stack a lot on top. Otherwise, just stack to the point where you can easily reach them.
Choose to pay according to your comfort as a small business owner:
Not everyone can sign a yearlong lease agreement. It would be very difficult for a small business runner to have that much of money. However, you can still choose to pay the rent every month. This might end up costing you more cash at the end, but it is still better than having no factory rental at your disposal. If you can afford to pay the yearly amount, then that would be a good option as it will give you the liberty to tell your landlord to cut down on the overall price.
So as the owner of a company, you notice a spike in the sales of your product. The first thing that you would do is to definitely increase your manufacturing rate. This seems understandable as the costumers are buying your items, you need to manufacture more. After a certain period of time, you have to…
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