2018 ACS BOK Domain 11 Business Practices and Principles Complete Documents and Links
Domain 11 deals with “running” your company and how to maximize your profit; basic business practices.
You should study industry trends without forgetting the tried and true historical practices. With social media and all it offers, most of the information you need is at your fingertips.
Elizabeth Nerud ACS CCP and I covered a lot of the marketing and merchandising when covering Domains 8 and 9. You can review those tutorials here.
http://www.marcellathecheesemonger.com/2018-acs-bok-domain…/
Regarding accounting, there is software to assist you in tracking expenses and sales or if you can afford it, an accountant can review your books on a monthly or quarterly basis and advise you of areas that need more attention.
Regarding human resources, I recommend hiring a professional who knows the laws and can assist you with hiring/firing practices, insurance, wages liabilities. Federal, state and local laws and regulations have become complicated and the smallest slip can cost you your business.
You should also consider business insurance to cover liabilities in case of outages that causes product spoilage and general liabilities.
Links to assist
:
Human Resource Management:
https://www.thebalancecareers.com/what-is-human-resource-ma…
Review of best business accounting software for small business:
https://www.businessnewsdaily.com/7543-best-accounting-soft…
Specialty Food Association to follow trends:
https://www.specialtyfood.com/
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