Collect money

Profit is the company owner's reward for taking business risk. that s you! The more you're seen doing good things and helping out, the more people will see the good in you, and call on you to help them out. The sliding scale, or a system of premiums or bonus …

more ...


Estimate sales volume

How would you like to get your bank statement sent out differently every month, or to have your favorite restaurant make your favorite meal too spicy, too bland, or too salty, depending who cooked it that night? Accepting the universality of departments is essential to setting up and growing a …

more ...




Why Brand Initiatives Fail

It's hard to pinpoint why brand marketing programs fail these days. There are a number of reasons and factors. Whenever a marketing campaign or program initiative ends, the team should hold a post-mortem meeting to discuss the learnings and successes of the program. This can help bring to light issues …

more ...


There are no secrets to success

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. For example, if your vision is to be the best service provider, determine what specific …

more ...



Get out of personal debt ASAP

You must break down the work flow into small, incremental steps that will ensure that the end results are accomplished. What's the worst that can happen'? If you never try, you'll never achieve. These characteristics are usually related to demographic and psychographic traits, including interests, behavior, background and context, as …

more ...

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 …

more ...

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 …

more ...








Investors want big ideas

Just as fine dining locales offer finer sensory experiences than coffee shops or fast-food eateries, your presentation will differ from a working plan. Now, thanks to the proliferation of social networking and online media, paid-for advertising is in crisis and free is not only possible, it is expected. It may …

more ...






Rumors about the competition

In a struggling economy, more highly skilled employees will be seeking work, but you may not be in a position to risk high salaries. You can sign up and pay to attend an event at which up-and-coming entrepreneurs, like yourself, get to meet with many angel investors and VCs in …

more ...

Cannibalize your own sales

Six different excellent and experienced people will still do things six different ways. Repeating contract language in an effort to impart greater emphasis is dangerous, as differences in context can lead to confusion in meaning and an unfavorable interpretation in a court of law. You want to build a strong …

more ...


There is no shortcut

Excellent systems to find, keep, and service customers will maximize your bottom-line by selecting the best opportunities available for your company. Take the time to challenge some of the core assumptions of your prior plan to see if they still hold up. In a large business, a department may have …

more ...

Myths About Business

In pull strategies, the manufacturer promotes the product directly to consumers, perhaps by providing coupons and free samples, to encourage them to request the item from retailers. Designate a separate part of the house as your office ' a spare room or warm garage is ideal if you have one, a …

more ...

Make above-average profits

But it s a good idea to take the initiative here and propose something that will be used if you suspect a banker will require it. One of the reasons for differences among plans is that industries are different. While the other clerks are joking, do you be learning. Certainly …

more ...


Updating Your Plan

Do whatever it takes. You may have sold a lot of products in a week, but unless you have actually received the money for them it is not going to hold much sway with the man on the doorstep who needs to be paid for the raw materials or equipment …

more ...


Employees need to understand the big picture

Simply by having chosen to serve a niche versus a broader market will make it easier for you to come up with a strong USP. But the good news is that recessions serve as sort-out time (that is, they sort out the weak businesses from the strong ones and allow …

more ...



Consolidation trends among customers

If you need to pay your suppliers thirty days after receiving their goods and services ' known as thirty-day payment terms ' for example, then try to persuade your customers to pay you quicker than that, for example fourteen days after they receive their goods and services from you. The only way …

more ...