Analyze your professional attributes

If you fail, do not lay the blame upon circumstances, but upon yourself. You will be able to get a much higher selling price for your product in an upmarket boutique, for example, than you would selling it on a market stall. The actions of departments and their employees invariably …

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Customer service shortcuts - the easy way

This is extremely important, because you don t want to gain numerous unhappy customers who could become anti-ambassadors for your brand. Also, you must consider what incursions are likely to be made by out-of-town dealers, and what prospect there is of others setting up business in the place. This is …

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Using billboards is a type of promotional activity

If your business model is based on the idea that you will order what you need from your suppliers after you have taken an order from a customer, then you need to make sure you have very strong supplier agreements in place ' ideally backed up by a relationship with one …

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Design is how it works

Provide blank charts for team leaders to draft what's needed, upcoming milestones, and requirements. The philosophy of business is concerned with broader meanings of business as a human endeavor, including whether business is fundamentally an economic or social phenomenon, the moral obligations of business to society, the degree to which …

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The decision tree

Instead, he or she stumbles on the right opportunity. In actual practice, no. But one cost that didn t seem especially variable went up sharply as business volume climbed. The better an organisation becomes in understanding and selecting the appropriate roles and interfaces, the more likely it is to leverage …

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Increase market share

You want to get to a there, a point in the future (usually three to five years out) at which time your business will have a different set of resources and abilities as well as greater profitability and increased assets. This isn t to say that a down economy means …

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Getting the Policies to Work in Marketing

It is important to know what you re paying for to determine if you re getting your money s worth. Finally, the effects of what a manager does on the business landscape will not depend on his own actions or approaches alone, but form an integral part of a sequence …

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Background information on Governance

Most business owners are so busy keeping their customer commitments, providing the right services and products, getting their jobs finished, and keeping employees working, they don't sweat the BIG $tuff. Because your business is valuable, spell out who owns what. One way to minimize the risk of starting a full-time …

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Documentation Checklist for Production

And always go for it! Additionally, it is helpful to compare an organization's financial reports with those from other organizations in the same industry. The glut of tens of thousands of new products introduced annually, combined with the existing plethora of more than 30,000 products stocked by a typical …

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Learn How To Start Finance

Most entrepreneurs start their companies without a clear vision of what they want or a written business plan specifying their targets and goals, a management team, enough capital, leadership skills, or knowledge of how to run a profitable business. To our way of thinking, we'd rather control that risk ourselves …

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5 reasons to love the new Business

One of its most valuable offerings is a set of financial assistance programs that aim to help you raise the money you need to get started and keep going. Even if you have previous experience running a business, you ll need to get your personal credit information in order. Take …

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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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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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