Workers in Operations

Win-win negotiating aims to satisfy both (or all) parties in a negotiation by employing meta-strategies: What is the next higher level of thinking that will give everyone what they want? Do you have excess capital, financial strength, banking contacts, or credit that would add to a new venture? Selling via …

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Be Direct with your Governance

If you've ever participated in a bake sale, been paid for a musical performance, or operated a baby-sitting, painting, or lawn-mowing service, you've been involved in a small business. Most customers want to know who they are doing business with, especially when they are dealing with small, growing businesses. Instead …

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Partners are like any other investor

What specific results are we trying to accomplish? For the rest of your target customer list, constant reminding is required to grow your business. Designate a separate part of the house as your office ' a spare room or warm garage is ideal if you have one, a corner of another …

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A Simple Guide to Purchasing

Use quality photos, professional graphics, and good links to other sites. Whether you choose to mail a postcard to every customer in your zip code or take out an ad in your industry trade magazine, be sure to track the results and calls you get from each marketing activity. At …

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Managing Design

Outsourcing is a key strategy for startups. accounting) remains a key component in business deals and influences the value creation process. Only, be sure that your new ideas are practical. Because you have to work to keep it working.

There?s always someone willing to sell on price alone

If …

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Never Lose Your Finance Again

Once you re well established within your niche and have developed a reputation, you can expand more easily. If they don't get the training and tools they need, they won't accept responsibility for the quality and productivity of the work they do and won't grow into productive team players. To …

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Finance: The Samurai Way

An expenditure of $25 should give you a show window and some nice shelves. Most owners mistakenly focus on cutting costs instead of increasing revenue when things go bad. Voices that might otherwise be unheard are allowed into the decision making process, but it can be inefficient, cacophonous, and confusing …

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A sense of 'act now' works in your marketing plans

The marketing options are many and expensive, including door hangers, newspaper coupons, mailings, advertising, website placement programs, and billboards. A business that works is controlled, systemized, and organized. Have you ever hired a manager, salesperson, or employee too quickly, without proper screening or reference checks, because you were too busy …

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Musts to Make More Money

Many publishers will not do this, but your chief and only point in appearing in the paper is to have your advertisement read, and it pays better to insert it in a journal with 5,000 readers who will all see it than in one having 100,000 subscribers, hardly …

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Your Main Focus Should Be Operations

Certain colors evoke certain emotions and perceptions, and are associated with certain types of businesses and fields. It s also important to maintain your credibility because you will probably need additional funding as your company grows. That gives you a chance to differentiate yourself explicitly, pointing out that you ll …

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Manufacturing is complex

The choice is yours! Business planning can take on a life of its own. The vast majority of small-business owners we know provide products or services quite similar to what's already in the marketplace and make reasonable but not extraordinary sums of money ' and, thanks largely to the independence that …

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Here's what no-one tells you about Purchasing

If your initial discussions with family members reveal problems that aren't easy to resolve, the time to get help is before your business is up and running. Do what you want to do first, not last, as unimportant things, challenges, commitments, and your busy life tend to get in the …

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