The number two reason employees don't accept responsibility is that their boss doesn't really trust them to make decisions. In some periods of the day you will have more custom than you can well attend to, while at other times you will have nothing to do. That means keeping technical jargon under control and making it readable in one sitting. 'Double-entry' simply means that every transaction is recorded in two places, with the entry in one account offset by the entry in another.
Delay major decisions on Quality for one year
way to get
lots of work is to price your products and services lower than you want to or should to make enough profit to get a fair return. If you
notice that within
a few months, your declining margins will push your break-even point too high to live with, you can take action now to fix the problem. Track these
calls and see
how many convert to actual customers. 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.
Money is like gasoline during a road trip
' keep all
your business papers in one place, decide when your working day will begin and end, and make sure the rest of the household knows not to interrupt you when you are working or on the phone. Do you
make hasty customer,
purchasing, or employee decisions because you don't have enough time to research all the options and then put the right pieces together? An investor
who knows this
fact but doesn t see any mention of it in your plan may suspect you ve lost your senses and who could blame her? Tell the
investor why you
need the money.
Business for Better and Faster Sales
want to make
an impact, make your pitch engaging. Use quality
photos, professional graphics,
and good links to other sites. At the
top of the
list are public offerings of stock, which may cost several hundred thousand dollars in legal and accounting fees to put together and require a great deal of your own time and attention. Although businesses
such as these
can be successful, you do need money to support the business from its launch to the point at which it starts generating cash of its own; without any money, you will seriously struggle.
There?s a way to do it better ? find it
t going to
finance you without knowing your idea. If you
get really lucky,
you can use this approach to fund your entire venture. The heuristics
used by business
involve risks of limited accuracy but may be effective within an evolutionary perspective by allowing a manager to handle contingences. For each
piece of equipment,
add the purchase price, interest, maintenance, gas and oil, service, tires, repairs, insurance, storage, rent, and mobilization costs over the life of the item.
Determine your target market
entry into a
bad business venture may be far worse than missing out entirely on a good business venture. The developer
or managing partner
should get a working or promotional interest in the project or business venture from 10 to 50 percent based on the complexity, risk, and potential. The #1
reason entrepreneurs go
into business is freedom. Because consulting
or coaching implies
working one-on-one, which is a direct exchange of your time for money that requires continuous work.