Posted by: rhonasilver
in Default Category on Dec 10, 2011
Cost control is an integral aspect of every business and involves much more than the traditional activities of bookkeeping and accounting. In the field of catering business, successful entrepreneurs like Rhona Silver used effective planning to significantly control the costs of operating their ventures. Understanding the significance of numbers and the need to successfully collect, interpret and organize and compare them is vital for entrepreneurs seeking any level of control on the expense in their businesses.
Most entrepreneurs fail to realize the fact that even though bookkeeping and accounting are the essential aspects of cost control, they are basically just a way of gathering information and monitoring the various business expenses. The other important aspects that contribute towards controlling the operating costs of a business is the efficiency of individual employees as well as distinct departments and implementing strategies that focus on enhancing profits rather than minimizing losses. It is also vital to understand that importance of keeping the employees well informed about the expense and the income so as to develop their confidence and gain their assistance in the optimum performance aimed at achieving the goals of your catering venture.
Entrepreneurs like Rhona Silver, who have attained considerable success in their ventures, know that cost control is a continuous process that needs to be carried out in the everyday working of a business organization. This is especially true for the catering industry where everyday market fluctuations can greatly affect the overall expense. Some of the must do things for effective expense management include proper and timely planning of projected income and expenditure, use of the latest and most effective technologies, appliances and products as well as stringent enforcement of rules and strategies vital for cost control. At the same time it is also important to instill a sense of responsibility among the employees about minimizing inefficiency and wastefulness by making them adhere to certain set standards that are continuously monitored.
Rhona Silver founded CaterBid.com with the aim of helping people find the most suitable and affordable catering options online for weddings, birthdays, engagements or any other occasion from the comfort of their home. To check out your options and get the best, most lucrative bids post your event at www.caterbid.com
Posted by: rhonasilver
in Default Category on Nov 17, 2011
Although today, Rhona Silver is a luminary in the world of catering business, she had to work extremely hard to reach this position. Turning a life time dream into reality was not easy for this gutsy woman, especially after having endured various hardships in her personal life. But it was her never say die attitude that helped her to move ahead in life to achieve great success.
It is a well known fact that Rhona Silver is the most successful woman entrepreneur in online catering industry. However, not many people are aware of the fact that she first got the idea to enable users to find the best catering services through online bidding, while dating her better half online. This innovative concept that revolutionized the catering industry, ushering it in 21st century evolved from the simple fact that if people can find love online, why can’t they find the best catering services there. This was how the concept of bringing the caterers to the clients through internet was born which ultimately led to the launch of CaterBid.com.
