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Added for You - Small Business Help: Top 7 Assumptions that Keep Small Businesses From Success
While I was driving to work this morning I was stuck in traffic. Even worse, I was stuck in traffic behind a bus. I hate traffic jams and I hated being behind buses in traffic jams. When behind a bus, your vision is restricted; you cannot see beyond the bus. So you have to look at it. And, you are forced to look at whatever is on the back of that bus.On this particular bus was an advertisement for a local real estate agent. It was one of those big billboard-style ads that cover the entire back of the bus. It was quite a good ad. The tag-line read, "If I can't sell your house in 30 days, I’ll buy it myself." But whether or not the ad was good wasn’t the is
During a recent workshop on business building for local business owners in Northwest Indiana, one of th
Losses to the company can result from fluctuations in the stock market, economic downturn, employee crime and natural disasters. It is better to be safe than sorry, as many small businesses found out too late. The first step to loss prevention is identifying areas of potential loss.Loss prevention includes risk management, protecting the interests of the shareholders and protecting the interests of the organization. It ensures uninterrupted business productivity and the helps the business grow.Apart from strengthening the risk management strategies of the management, you also need to look into the employee risk management strategies. Many losses to
Assumption #1 - Everyone needs my product or service.
During a recent workshop on business building for local business owners in Northwest Indiana, one of the
Each day people are looking for a way to earn money at home. Sometimes it is in addition to a regular job, or as a main source of income. The opportunities are unlimited in finding home employment today. A home-based business is not dependent on a person's location or prior experience. By searching for yourself through the various online offerings, you will be able to find a way to earn money at home based on your individual skills and interests. There are also many companies that offer training for a home based business. Finding Credit Solutions for Others Finding credit solutions for others and money brokering are effectual way
Assumption #1 - Everyone needs my product or service.
During a recent workshop on business building for local business owners in Northwest Indiana, one of th
All management is based on guiding principles; and the effectiveness of management derives from those principles. This is true whether the principles are appropriate or inappropriate, reasonable or unreasonable, consistent or inconsistent. Similarly, the derivative nature of management holds whether the guiding principles are vague or well-defined, followed faithfully or haphazardly, applied day-to-day by managers who are highly skilled or fundamentally incompetent. Effective management, then, is a product of:• Guiding principles that are appropriate, reasonable, and consistent;• Managers who clearly understand the guiding principles, faithfully ad
Assumption #1 - Everyone needs my product or service.
During a recent workshop on business building for local business owners in Northwest Indiana, one of th
Why take meeting minutes when meetings last hours? Usually poor business meeting etiquette is to blame, with poor planning and facilitation squandering valuable time and energy. Use these 7 business meeting etiquette tips to brush up your meeting skills and be more productive.1. Dinner jacket or Dinner on your jacketFirst decide on how formal your meeting will be. Advance warn attendees about special requirements, for example dress code, to ensure people understand what’s expected and can prepare accordingly.2. Too many chiefs ….. and not enough Native Americans ;>)There is a skill in inviting the right people to a meeting. Only i
Assumption #1 - Everyone needs my product or service.
During a recent workshop on business building for local business owners in Northwest Indiana, one of th
When a group of Human Resources professionals and a group of employees were asked the question, “What would increase productivity” the number one answer for both groups was ‘productivity would increase if working relationships were better.’What is often lacking in work relationships is respect. Bosses often have poor listening skills, don’t know how to manage their stress and the result is lost trust, and low levels of loyalty. Employees fight amongst themselves, call in sick when they want a day off and lack the motivation to get the job done efficiently. One of the easiest ways to increase teamwork is to simply start showing respect, and working to e
During a recent workshop on business building for local business owners in Northwest Indiana, one of the participants said with great conviction that "Everyone needs a health store." I respectfully challenged that assumption by providing some examples from my own family including a 102-year-old grandmother and an 85-year-old uncle who had never been in a health food store. Her assumption potentially kept her from identifying her true customers.
Assumption #2 - I can't spend time working ON my business.
Having worked with a variety of sma
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