What are your fixed and variable costs?

And the best way to ensure that a year from now you ll be looking back on your performance with satisfaction and pride is to plan now and often. Young men are desired in these places because of their progressive ideas and capacity to endure work.' Another prominent man who …

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Sending customers e-mails, faxes, and mail

If you decide to start your own business, you'll quickly discover what every successful entrepreneur before you has discovered: You have a finite amount of time and energy. Be absolutely honest. The reasons why Bill Gates decided to start Microsoft may be vastly different from the reasons John Dough decided …

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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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Project Management in Quality

When your direct costs increase you're in trouble, because your only choice is more sales. If you start just one company, or even if you never start a company at all, you should be constantly honing your business-planning skills by updating your business plan. You may protest that some industries …

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What is the perceived risk level?

When you don't have company standards and systems, you rely on each person to do things the way he or she thinks is best. As you develop these systems, remember that your goals are to replace yourself with systems that produce the same results every time. These are individuals that …

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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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Grow with the market

This cash-flow conundrum is the reason so many fast-growing companies have to seek bank financing or sell equity to finance their growth. Not unless it works by itself, goes up in value every year, and produces a positive cash-flow without much management. This minimum training program will keep people focused …

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Project management checklist

If you decide to start your own business, you'll quickly discover what every successful entrepreneur before you has discovered: You have a finite amount of time and energy. Therefore, making people engaged in your cause is important. The lot of the modern worker is too unstable and employment too unsteady …

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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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Record variable costs as well as fixed costs

But the key word is honestly. You certainly shouldn t play down your strengths in a plan, but don t try to hide your weaknesses either. The third theory says that wages are a result of bargaining, of competition in the labor market, a question of supply and demand. Trust …

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