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- Available on iOS & Android
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About This Book
Kitchen & Bath Business Project Management, Second Edition is a comprehensive guide to professional practice for the kitchen and bath professional. This one-stop reference is based on the real-world experiences of kitchen and bath experts to ensure success in business and professional life. Kitchen & Bath Business Project Management, Second Edition is illustrated in full color throughout with improved graphic design so that visual learners can easily absorb both technical and professional practice information. This book also includes access to a companion website with easily customizable forms for increased efficiency, and an Instructor's Manual.
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Information
1
Getting Started
Millions of people start their own businesses every year. Possibly youâve already started yours, or youâre giving it serious thought. Whatever the case, many skeptics may try to scare you with the statistics on how many new businesses fail every year, how hard youâll have to work, and how long it will take before you show a profit. But, if everyone listened to the skeptics⌠John Michael Kohler would not have started Kohler Company, Paul Wellborn would not have expanded Wellborn Cabinet, Inc., and the seven Jacuzzi brothers would not have started the now multiproduct Jacuzzi, Inc.
Learning Objective 1: Compare the pros and cons of owning your own business.Learning Objective 2: Compare your personal leadership traits to the traits and characteristics listed in the chapter.Learning Objective 3: Review the entrepreneurial innovation assessment and define your personal strengths and weaknesses.Learning Objective 4: Recognize the characteristics of failed and successful entrepreneurs.Learning Objective 5: Analyze common mistakes to avoid as an owner/manager of a business.
Pros and Cons of Owning Your Own Business
Pros
- You are your own boss. The skyâs the limit.
- You can prove yourself.
- You will have a hand in all aspects of the business.
- You will be able to take pride in promoting and marketing your own business.
- You will be in control.
- You will have creative freedom.
- The more the company makes, the more you make.
- You cannot be fired, laid off, or forced to retire.
- You will have the ultimate satisfaction of knowing you started and ran a successful business.
Cons
- There is no guaranteed paycheck.
- Itâs all on your shoulders.
- You cannot please everyone.
- You will work harder and longer than ever before.
- You will assume the risk of investment.
- There will be constant stress and pressure.
- You will have to adhere to all the laws and regulations.
DO YOU HAVE WHAT IT TAKES?
It All Starts with an Idea
At some point it hits you that, like so many others, you could own and run your own business. You want to step out on your own and take control of your work and financial future. You are confident that you have what it takes to buck the odds and succeed. You also know that owning your own business comes with risks.
Mrs. Fields Cookies
1/4 cup Passion
1/4 cup Perfection
1/4 cup Perseverance
1/4 cup People
Business Success
Debbi Fields Rose, the founder and ow...
Table of contents
- Cover
- Contents
- Title Page
- Copyright Page
- Sponsor
- About the National Kitchen & Bath Association
- Introduction
- Acknowledgements
- 1 Getting Started
- 2 Planning Your Business
- 3 Business Start-up Issues
- 4 Accounting and Record Keeping
- 5 Financial Controls
- 6 Protecting Your Business
- 7 Basic Tax Management
- 8 The Basics of Human Resource (People) Management
- 9 Human Resource ManagementâAfter the Decision Is Made
- 10 Marketing
- 11 Professional and Profitable Project Management
- 12 Responsibilities of the Business Owner/Manager
- 13 Responsibilities of Designer of Record
- 14 Managing Client Expectations and the Job Site
- 15 Industry Standards for Molding Order Procedures and Cabinet Installation
- Index
- Cross-Merchandising Advertisements
- End User License Agreement