Documentation Checklist for Sourcing

A complaining customer usually wants to continue doing business with the company'he or she just wants something to change so the relationship can continue. At its most extreme, reputation can literally keep you in business, as is the case with many companies, such as IBM and Walmart, whose well-developed reputations …

more ...







Become a trend spotter

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 of multiple, related, incremental actions and outcomes. An effective marketing program will exploit your differences, maximize relationships with customers, and …

more ...








What is your marketing plan?

Conveying too much information in one advertisement, no matter how accurate or positive, can confuse the audience and weaken the message. In other words, the planning process itself makes you a far more capable manager and entrepreneur than you would be without it. Better to keep it to a couple …

more ...


Documentation Checklist for Design

People want to do business with people they know. Install an employee development and training program to motivate, recognize, appreciate, and train accountable and responsible employees and teams. Doing the work or selling your products and services is important, but calculating accurate direct costs is necessary to make a profit …

more ...

Finance: What A Mistake!

Cultures vary widely; in some, executives are aloof while in others they are more accessible. The great thing is to make people buy your goods. To build an excellent company, create, draft, and implement operational systems to minimize problems and maximize profits! While the students at the boarding-house in Andover …

more ...




An Authoratitive Guide to Governance

The primary responsibility of a business is to serve the market. Businesses that are recognized as the best in their markets continually take care of their customers in everything they do. To effectively mobilise suppliers, buying firms will also benefit from knowing and understanding the other relationships of suppliers and …

more ...



Can Production help to grow your business?

If you can find or create an entrepreneurial enterprise inside (or alongside) a larger company, in addition to receiving significant managerial and operational responsibility, in many cases you can negotiate sharing in the financial success that you help to create. What you want to do you are called to do …

more ...



A poor approach to Accounting

Neither do you have the time or money to start educating potential customers about why they need your product or what it can do for them. As you work on your communication problem (yes, if someone doesn't understand what you want, it is YOUR problem, not theirs), and what you …

more ...





What are you selling?

Once you have defined your ideal customers profiles, you should take a few minutes to create an empathy map. Seek out the best real estate or business broker in the market who specializes in the kind of property or business you want to buy. This is your real cost of …

more ...

Ruining your reputation

Therefore, just like dating, you need to present yourself and your business in a way that will give others a positive impression. While other types of companies'like retail stores, consumer services, repair businesses, restaurants, suppliers, real estate brokerages, and employment agencies'can have thousands of customers. Ask how they are doing …

more ...



A lazy person's guide to Strategy

Although we're not aware of any statistics measuring the movement of employees from large businesses to small businesses (or vice versa), we would guess the scale tilts significantly in favor of employees moving from large businesses to small businesses for several reasons: Employees get well-rounded experience working with small companies …

more ...



Form over substance

This is because those we know well introduced us long ago to the opportunities they can provide, but those with whom we are barely familiar are connected to an entirely different network of opportunities. It s a long shot, but it does happen. Unless you prepare yourself fiscally and emotionally …

more ...



Purchasing on a budget

As for changes in value measuring, companies have often extended the boundaries of accounting objects and the timeframe of calculations to make unprofitable objects become profitable. This type of marketing includes advertising in magazines and newspapers, mailing to an entire zip code, buying television spots, billboards, or a trailing sign …

more ...



Create a target customer list

Suppliers who sell for other than cash on delivery have the same legitimate interest in your business s strategy and soundness as does a banker. Other industries will require 3 to 5 percent or more of your total sales to attract enough customers for your business to be profitable. But …

more ...

Never Lose Your Business Plan Again

Effective businesspeople must make decisions on the fly, and must learn when to trust and mistrust their rational and intuitive capacities for judgment. If you are starting a business without any money, it is obviously going to be a lot easier starting a service-based venture than a product-based one because …

more ...