Be Direct with your Design

If, on the other hand, a look at your business plan reveals that your companies share the same kind of strategies and have similar objectives in type if not scope, it s an encouraging sign.The spread of the open-book management theory means a lot more employees are seeing their …

more ...



Ease of doing business

For example, the plan for a one-person professional service business indicated that rising sales were not, in general, accompanied by rising costs. They determine the position of each company within the network and form a focus for the managerial activities of organising and developing a company. Written systems that are …

more ...


Monitoring the Performance of Your Business

You have to highlight your product s most compelling characteristics, such as low cost or uniquely high quality, that will make it stand out in the marketplace and attract buyers willing to pay your price. Is your business moving toward giving you what you wanted when you started your entrepreneurial …

more ...

Costs come in all varieties

Most boards will have financial, marketing, and organizational experts. You hire people because you can't do all the work yourself. Just as your car won't run without fuel, you can't sustain a roof over your head and provide food, clothing, and the rest of life's necessities if you can't pay …

more ...

Cover just the major areas

Owners of buildings must have their elevators inspected regularly and, in some cities, post the safety inspection record in public. Adobe gives away its Reader software but charges for its Acrobat program that makes screen readable documents. Profit allows you to invest in people, systems, equipment, training, customer service, marketing …

more ...



You may be truly innovative

. Decide what ten proactive operational systems are needed in each of your company's departments. Start a weekly award for the employee or production team player who saves the most money, does something excellent, has the best attitude, makes the best decision, or goes the extra mile for the customer. When …

more ...

Competitive factors or competition

However, venture capitalists will back seedlings if the idea is strong enough and the prospects promising enough. An exchange medium'minerals, spices, cash, or something else'has typically been used to attach value to items being exchanged. Businesses that are recognized as the best in their markets continually take care of their …

more ...

Customer Service on a shoestring

If you are starting out without much money, choose something which is relatively low-cost per unit ' first because buying stock will cost you less, and second because in a tough economic climate people are reluctant to shell out for high-ticket items, at least not without carefully thinking about it first …

more ...




5 guilt free Business tips

Therefore, actors would benefit from striking flexible deals, which are renegotiable when situations of clearly unbalanced distribution of costs and revenues among the involved actors appear. Frequency is the most important factor in building customer relationships. If you are answering letters for the firm, answer them briefly but completely. Determining …

more ...



Are You Too Busy to Train?

As a business owner, where do you invest the majority of your time? Yes, the first step is often the hardest. What could you do to reinforce your customer relationships? Give out small prizes like gift certificates to lunch or dinner, tickets to ball games, t-shirts, tools, or happy face …

more ...










Project schedule updates

Most small companies don't have formal training programs. Operational, administration, and production excellence starts with complete systems to ensure on-budget projects, excellent service, quality workmanship, on-time completion, and a safe workplace. If you can't persuade your business customers to pay upfront for your products or services then you at least …

more ...





Find and keep customers

All you cannot expect. Don t overdo it, but consider the impact visuals are having in marketing where studies show that people are much more likely to remember any type of presentation or advertisement with visuals than those without. This can be measured in terms of interest rates and shares …

more ...



What are the merits of web portals on today's web?

Don't ask your customer for a review too early; they might not have enough experience to form an opinion about you. But don't wait so long that the great first impression fades. This timing is different for every business and industry; so it might be worth experimenting to get the …

more ...

Be Direct with your Marketing

When I talk to business owners, most say they aren't happy with their company, employees, customers, or financial results. They're great at doing work tasks, which causes them to focus on doing what they're comfortable with instead of doing what makes the most money or produces the highest returns. An …

more ...