Weekly cash balances

This will keep you at the top of their minds when they have a need for your products or services. Conveying too much information in one advertisement, no matter how accurate or positive, can confuse the audience and weaken the message. Your message must be crafted in the language (wording …

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A poor approach to Advertising

Even if you have previous experience running a business, you ll need to get your personal credit information in order. Passive assets can include owning stock in growing and successful public or private companies. This is because those we know well introduced us long ago to the opportunities they can …

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Say it twice

For many, this is a more valuable result than securing funding. All this work, while not necessarily unpleasant, was taking up more and more of her time. And many of them share certain objectives as well, such as raising money or persuading a partner to join the firm. This network-like …

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A Simple Guide to Governance

It is the difference between holding a piece of paper with a number written on it, and holding banknotes and coins in your hand. There is commonly a fourth, that of the freighter. We ve done thousands of installations like yours, and there s no doubt we can make this …

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Cashing-Out Options

You can also use bulletin boards or company newsletters to publish smaller sections of your plan, such as your mission statement or some details of financial objectives and how you re progressing. Sense-making is an attempt to provide an understanding and it implies a continuous process of interpretation and learning …

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Design is how it works

Make sure they re fully detailed and come with notes to explain any anomalies or possible points of confusion. Not only does it cost more total dollars to market, it is harder to get potential customers' attention. You start here, today, with certain resources and abilities. Some are retired but …

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Moral hazard

That s how you ll make more sales. The weather of the face, the temperature of the hand, the color of the voice, will win customers where other means fail. Objectives: In business, objectives are specific results you are seeking to achieve within a specific time. Do whatever it takes …

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Why should anyone hire you?

Instead of spending all your time with weak people, spend time with your best team players who make you the most money. They do not have time to plow through an inches-thick plan and may in fact be put off by its imposing appearance. This fee is based on the …

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What are your main performance indicators?

Profit is everything that's left over after you've collected your receivables, paid your bills, and paid the owner's salary for the work he or she performed. When production systems are installed and used effectively, monthly evaluation meetings become a simple matter of checking what has been done properly and what …

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Don?t worry about funding if you don?t need it

A good professional in one of these slots can go a long way toward helping you succeed. Have you ever hired a manager, salesperson, or employee too quickly, without proper screening or reference checks, because you were too busy and needed to fill an empty slot to get your work …

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Sales policies reviewed

Bankers are sensitive to the term or length of a loan. A high ratio indicates a strong ability to meet obligations, but a very high ratio may indicate that assets are inefficiently allocated; e.g., some of the money on hand might be better used for investment. No matter how …

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A small leak can sink a great ship

Without written and tested systems in place, delegating operational tasks is impossible, even with great people. The best you can do is have a plan in which you logically and systematically attempt to show what will happen if a particular scenario occurs. Become essential to the place, and you will …

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Extract the Essence

One way to minimize the risk of starting a full-time business is to ease into a part-time one. Only you can make the reason you went into business become a reality. You can take advantage of listening to others experiences, and use this knowledge to build your project faster and …

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How to sell sales

However, they may know little about other activities of the company. This is what I call profit-driven. This will elevate their leadership skills and make them accountable and responsible for the end results of their people. And in each of these two houses I was told that 'of course, if …

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Customer service: what a mistake!

In olden times, a man of affairs was obliged to guard his property and his loved ones by building a moat around his house and posting sentinels in and around his estate. Ask questions and learn. The wider business network is populated by informally or formally connected companies, such as …

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