Ep. | 25 Protecting Your Business: How to Safeguard Against Last-Minute Order Cancellations

📺 WATCH the full episode on YouTube : https://youtu.be/OgFSKAnBSw4 

📝 Hello Profiteer!
Preventing Last Minute Order Cancellations: Lessons from a California Bakery Owner
In this episode of Pawsitive Profit, we dive into the challenges of order cancellations for small businesses. We recount the recent incident involving a California bakery owner and Tesla, where the latter canceled a large order at the last moment, resulting in considerable financial loss for the bakery. The discussion then focuses on crucial strategies to protect small businesses from similar situations, including developing clear payment policies and cancellation practices, communicating effectively with customers, and employing contracts for bigger orders. The main objective is to ensure the sustainability of businesses when faced with such unpredictable circumstances.

00:00 Introduction to the Episode
00:14 The Dreaded Topic: Last Minute Order Cancellations
00:24 The Tesla Incident: A Case Study
04:13 The Aftermath and Tesla's Response
04:52 Analysis and Discussion: The Risks of Not Receiving Payment Upfront
06:02 Tips for Protecting Your Business
07:18 Implementing Payment Policies and Practices
11:06 Addressing Customer Concerns and Using Contracts
14:26 Public Reactions to the Tesla Incident
16:28 Conclusion: Ensuring Business Sustainability
17:20 Signing Off and Call to Action

 

Woof!
Kara

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💡 DISCLAIMERS:
👉The information provided in this podcast is for entertainment, educational and informational purposes only. 

👉  I am not a licensed veterinarian nor a licensed pet nutritionist. I am a former dog treat business owner and dog mom who makes treats for her own dogs and loves sharing them with you.

👉 Any recipes mentioned in the podcast are not meant as a meal replacement. They are treats and meant to be given occasionally.  While all recipes mentioned are dog safe, please check with your veterinarian before introducing any new foods to your dog, as individual dogs may have allergies. 

👉If you have any questions about any of the anything in the podcast, including any recipes, please email me at support@pawsitiveprofit.com

🐾 About Pawsitive Profit:
Welcome to Pawsitive Profit! Learn valuable tips and tricks to boost your business from Kara Brothers and make those tails wag with joy! Pawsitive Profit is your go-to resource for building a successful all-natural dog treat business. Join our community of passionate dog lovers and entrepreneurs to embark on your journey to pawsperity! http://tinyurl.com/4tud85fb  🐾🚀