Managing cash flow
Money getting tied up in stock
Actions I’ve taken so far
Online selling, mostly social media
Effective time management
My future goals
Run be a preferred supplier to the hospitality industry
To create a household brand name for the home decor industry
To educate homemakers on effectively decorating their spaces for style and functionality
My motivations to work with a mentor
I’d really like to learn from someone who has the necessary skills and experience to impart knowledge and skills on my business for growth ; so that I may one day impart such knowledge on the next entrepreneur
About my venture
I have been running a home decor business for about a year now. I would like to develop it into a brick and motar store - boutique and bistro
The sales have increased exponentially over the last 6-12 months, only using social media networks to sell. We also make custom home decor items for clients with specific requests.
Online has been great but I am now struggling to scale up and reach new customers.
Our business offers good quality products, which bring lots of repeat customers.
In scaling up, we are considering export is for pricing efficiencies to complete well in the home decor and hospitality market.