High rates of return

Liquidity ratios compare short-term assets to short-term liabilities. Often, one has to be in action in order to know the right thing to do. Because free isn't really free, a giveaway must help a business sell its core item. Profit is the company owner's reward for taking business risk.

The …

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Are your equipment rates accurate?

It is related of a Yankee book-peddler that he sold three copies of the same book to a family in one day--to the husband in the store, to the wife who was calling at a neighbor's, and to the daughter at home. That makes it more of a challenge when …

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Tell how you come up with ideas

Your best diploma is a big bill of sale. Value measurement is problematic as value is embedded in relationships and networks and therefore difficult to separate out. It gives people the idea that you have a well-thought-out plan of action so they have more confidence that you have credibility and …

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Don?t wish it were easier; wish you were better

Do you personally order and schedule all employees and material deliveries because you don't have a system in place to allow your supervisor or office manager to do it for you? It may be that the investor just backed a company very similar to your own and now wants something …

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Soaking the Rich

It works best in small organizations such as sole proprietorships. Other elements of positioning include the product itself, the communication surrounding its promotion, and the way it s delivered to the market. Interaction is not confined to communication, negotiation and agreements between individual managers. Locating a small business near an …

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A lazy person's guide to Research and Development

Then you ll want to emphasize such things as stock options and other aspects of compensation, as well as location, work environment, corporate culture, and opportunities for growth and advancement. In any economy, good or bad, people want to be treated with respect and are more likely to become part …

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What do you do to help customers?

Don't give up. Many companies'such as business-to-business service providers, consultants, contractors, printers, wholesale distributors, and insurance agents'have less than twenty major customers who make up the majority of their business. Added to this are the huge number of qualified graduates coming out of colleges and universities who would normally have …

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Verify Insurance Requirements for Operations

Once sales have reached the $500,000 per month level, approximately six months after startup, a dedicated vice president of marketing will be retained to fulfill that function. In some cases, particularly if you re in a really shaky startup and you need solid talent, you may have to describe …

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Set up equipment

These solutions require access to the resources and activities owned and carried out by other businesses and organisations, particularly customers and suppliers. Common stockholders elect a board of directors to oversee the company's management, and are usually paid a dividend if the company is profitable. Simple as that. On every …

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Do you walk your talk?

That s the only negative feedback you should bother to listen to and be concerned about. You ll detect and understand their problems, goals, and motivations, and then be better suited to create the best solution (product) for them. Your marketing program must include materials, reasons, and requests for customers …

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Seeking wealth-building opportunities

Tell them your story. Profit is everything that's left over after you've collected your receivables, paid your bills, and paid the owner's salary for the work he or she performed. Finally, the adequate combination of roles and interfaces depends on the priorities and capabilities of the various suppliers. Wear magnifying …

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Developing an inspiring vision

This means that the colors and fonts you decide to use to create your visual identity should be consistent. The good news is you are in a great position, because in order to get this right you really need to put the right structure in place at the start before …

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