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    Here's A Quick Way To Make Money On The Internet
    From the very beginning of the internet, people have tried to think of ways to make money. The allure of having so many potential customers without the expense of having a building, paying utilities, hiring employees and commuting to work has thousands of people, yet, hundreds of thousands of people dreaming that they too could get rich by marketing on the internet.The success stories of Ebay, YouTube, Yahoo, and Google have people of all ages, races, and locations dreaming that they too, will one day make it big. All it takes is the right idea, the right product, or the right website and you can be livin
    Know what answers you are looking for. Many companies have lots of specific questions but never tell those who interview what the ideal answers are. Listen! The applicant should be talking during the interview—you shouldn't have to be selling.

    Look to technology. Web sites such as www.snagjob.com will not only help bring applicants to your inbox (or fax machine), you can also set up filters to help minimize wasting your time with unqualified applicants.

    Evaluate the current trend in kiosks to assist in your hiring practice. Leading retail companies such as Blockbuster, Target, and Home Depot have an online or phone-in series of questions to help them screen in/out applicants, with custom-designed questions to find the right person for the different positions. The system can also be used to find out if the applicant is qualified for WOTC, conduct ba

    Venture Capital Negotiating Issues
    When companies enter into negotiations with venture capital firms, there are several issues which need to be defined and agreed upon. This article describes the key issues.Valuation. Valuation is the most prominent negotiating issues. Valuation is the price of the company in which the venture capitalist invests. Valuation determines what percent of the company the investor is buying for their capital.Timing of the Investment. Many investors will commit a large amount of capital, but will contribute that capital to the companies in installments. Often, these installments are only made when pre-designa
    Over the past few months, you've read about numerous ways to train and incentivize your staff to provide better service and build sales. We've discussed how incentives can be used to get the right people to do more, but are ineffective getting the wrong people to do the right thing. So, how important are the right people?

    Apologies to all the trainers out there (me included), but hiring is the most important activity you do as a manager. The better the new hire, the greater the chance of success in your restaurant. The companies that score well in the eyes of the consumer—Chick-fil-A, Sonic, Cici's Pizza, Taco Bell, and others—seem to be quite selective in their hiring practices and creating an environment where performance is rewarded. As a guest, I certainly notice the difference in service levels at their restaurants. At Cici's Pizza, the employees greet you from behind the register or salad bar as soon as you enter the door and ask if there's anything special they can make for you as you move down the buffet. They own the pizza buffet business in my area. Moral of the story: You can't train friendly—you have to hire it and the managers have to model it.

    Think of a bad hire as polishing a piece of junk. It doesn't matter how great your training program is or how well you run your restaurant. When you are all done polishing, what do you have left? That's right, a shiny piece of junk. You'll simply end up with a cashier/phone person whose idea of a greeting is "For here or to go?"or of suggestive selling is "Anything else?"

    If you think I'm making this stuff up, Batrus Hollweg recently completed a detailed employee survey and discovered employees fall into 3 categories: 25 percent are in the Green Zone (never steal, break rules, etc), 50 percent are in the Yellow Zone (do what­ever management allows), and 25 percent are in Red Zone (break all the rules). By raising your hiring standards, you can eliminate the bottom 25 percent, and your sales and service levels will increase dramatically—it's known as "averaging up."

    Once you raise the talent level of the new hires, you need to eliminate those currently working for you who are in the red zone. Otherwise, like weeds, they'll take over and the new hires will be managed down to their level. As much as we want to believe people will do the right thing, people are dramatically influenced by their peers. As a manager, you need to create the environment to reward excellence and improvement so it gets repeated. It's not fair to those who perform (and cover for problems caused by others) to have to work with those who can't or don't want to be there and contribute.

    So, what can you do to improve your hiring practices?

    Know what you are looking for. What are the specific traits needed in the various positions you are hiring for? A delivery driver has different skill requirements than a person on the make line.

    Ask behavior-based questions specific to the task you are hiring for. For example, a drive-thru cashier needs an extra dose of sense of urgency. Ask questions to see if they have that specific trait. For example, "The drive-thru is really backed up, and the order for the car at the window is missing an item that will take two minutes to get ready. What would you do?" Cooks need an extra focus on quality, multi-tasking, and cleanliness. Ask questions such as, "When you're really busy cooking, how do you maintain a clean workstation?"

    Know what answers you are looking for. Many companies have lots of specific questions but never tell those who interview what the ideal answers are. Listen! The applicant should be talking during the interview—you shouldn't have to be selling.

    Look to technology. Web sites such as www.snagjob.com will not only help bring applicants to your inbox (or fax machine), you can also set up filters to help minimize wasting your time with unqualified applicants.

    Evaluate the current trend in kiosks to assist in your hiring practice. Leading retail companies such as Blockbuster, Target, and Home Depot have an online or phone-in series of questions to help them screen in/out applicants, with custom-designed questions to find the right person for the different positions. The system can also be used to find out if the applicant is qualified for WOTC, conduct bac

    Everyone talks in code!
    How often have you left a meeting with a customer or your boss telling yourself he likes my ideas. Only to find later that you didn’t get the sale or your boss has told everyone that you are crazy.As we get older it seems to us that everyone talks in code. No one tells us what they really mean. Everything is hidden behind a veil of double talk.But all is not lost. We found a copy of the code breaking manual on the web site of that well known code breaking magazine, Harpers Magazine.It’s no ordinary code. This is special. We had many discussions before we decided to reveal the secrets of the co
    eet you from behind the register or salad bar as soon as you enter the door and ask if there's anything special they can make for you as you move down the buffet. They own the pizza buffet business in my area. Moral of the story: You can't train friendly—you have to hire it and the managers have to model it.

    Think of a bad hire as polishing a piece of junk. It doesn't matter how great your training program is or how well you run your restaurant. When you are all done polishing, what do you have left? That's right, a shiny piece of junk. You'll simply end up with a cashier/phone person whose idea of a greeting is "For here or to go?"or of suggestive selling is "Anything else?"

    If you think I'm making this stuff up, Batrus Hollweg recently completed a detailed employee survey and discovered employees fall into 3 categories: 25 percent are in the Green Zone (never steal, break rules, etc), 50 percent are in the Yellow Zone (do what­ever management allows), and 25 percent are in Red Zone (break all the rules). By raising your hiring standards, you can eliminate the bottom 25 percent, and your sales and service levels will increase dramatically—it's known as "averaging up."

    Once you raise the talent level of the new hires, you need to eliminate those currently working for you who are in the red zone. Otherwise, like weeds, they'll take over and the new hires will be managed down to their level. As much as we want to believe people will do the right thing, people are dramatically influenced by their peers. As a manager, you need to create the environment to reward excellence and improvement so it gets repeated. It's not fair to those who perform (and cover for problems caused by others) to have to work with those who can't or don't want to be there and contribute.

    So, what can you do to improve your hiring practices?

    Know what you are looking for. What are the specific traits needed in the various positions you are hiring for? A delivery driver has different skill requirements than a person on the make line.

    Ask behavior-based questions specific to the task you are hiring for. For example, a drive-thru cashier needs an extra dose of sense of urgency. Ask questions to see if they have that specific trait. For example, "The drive-thru is really backed up, and the order for the car at the window is missing an item that will take two minutes to get ready. What would you do?" Cooks need an extra focus on quality, multi-tasking, and cleanliness. Ask questions such as, "When you're really busy cooking, how do you maintain a clean workstation?"

    Know what answers you are looking for. Many companies have lots of specific questions but never tell those who interview what the ideal answers are. Listen! The applicant should be talking during the interview—you shouldn't have to be selling.

    Look to technology. Web sites such as www.snagjob.com will not only help bring applicants to your inbox (or fax machine), you can also set up filters to help minimize wasting your time with unqualified applicants.

    Evaluate the current trend in kiosks to assist in your hiring practice. Leading retail companies such as Blockbuster, Target, and Home Depot have an online or phone-in series of questions to help them screen in/out applicants, with custom-designed questions to find the right person for the different positions. The system can also be used to find out if the applicant is qualified for WOTC, conduct ba

    Developing a Business Plan
    Developing a business plan is easy once you follow the ground principles laid down by the industry experts. Find here some of the necessary ingredients for a well-developed plan.First and foremost, you must pick the right business. If you choose the wrong line of work, no amount of planning will help you succeed. A sound business concept is essential for developing a business plan. Gain sufficient experience in your chosen field of work before you decide to set up your own unit. The ground reality of a business is often very different from your preconceived notions.Get a complete understanding of the
    Zone (never steal, break rules, etc), 50 percent are in the Yellow Zone (do what­ever management allows), and 25 percent are in Red Zone (break all the rules). By raising your hiring standards, you can eliminate the bottom 25 percent, and your sales and service levels will increase dramatically—it's known as "averaging up."

    Once you raise the talent level of the new hires, you need to eliminate those currently working for you who are in the red zone. Otherwise, like weeds, they'll take over and the new hires will be managed down to their level. As much as we want to believe people will do the right thing, people are dramatically influenced by their peers. As a manager, you need to create the environment to reward excellence and improvement so it gets repeated. It's not fair to those who perform (and cover for problems caused by others) to have to work with those who can't or don't want to be there and contribute.

    So, what can you do to improve your hiring practices?

    Know what you are looking for. What are the specific traits needed in the various positions you are hiring for? A delivery driver has different skill requirements than a person on the make line.

    Ask behavior-based questions specific to the task you are hiring for. For example, a drive-thru cashier needs an extra dose of sense of urgency. Ask questions to see if they have that specific trait. For example, "The drive-thru is really backed up, and the order for the car at the window is missing an item that will take two minutes to get ready. What would you do?" Cooks need an extra focus on quality, multi-tasking, and cleanliness. Ask questions such as, "When you're really busy cooking, how do you maintain a clean workstation?"

    Know what answers you are looking for. Many companies have lots of specific questions but never tell those who interview what the ideal answers are. Listen! The applicant should be talking during the interview—you shouldn't have to be selling.

    Look to technology. Web sites such as www.snagjob.com will not only help bring applicants to your inbox (or fax machine), you can also set up filters to help minimize wasting your time with unqualified applicants.

    Evaluate the current trend in kiosks to assist in your hiring practice. Leading retail companies such as Blockbuster, Target, and Home Depot have an online or phone-in series of questions to help them screen in/out applicants, with custom-designed questions to find the right person for the different positions. The system can also be used to find out if the applicant is qualified for WOTC, conduct ba

    Look Cool - Lean Back with Bistro Tables and Chairs
    If brown is the new black, then bistro table and chairs are the new furniture. Well, they would be, except that they have been around for almost two centuries now. Ask most people what a bistro table and chair set actually is and, chances are, they will shrug their shoulders and say they don't know. But, really, we've all seen them, especially those of us who live in cities or countries that exhibit continental sophistication. Yes, you have that right. The bistro table and chairs set is that easy-looking trio of small, inauspicious dining furniture that crowds the sidewalks, providing perching, posing, or lounging
    th those who can't or don't want to be there and contribute.

    So, what can you do to improve your hiring practices?

    Know what you are looking for. What are the specific traits needed in the various positions you are hiring for? A delivery driver has different skill requirements than a person on the make line.

    Ask behavior-based questions specific to the task you are hiring for. For example, a drive-thru cashier needs an extra dose of sense of urgency. Ask questions to see if they have that specific trait. For example, "The drive-thru is really backed up, and the order for the car at the window is missing an item that will take two minutes to get ready. What would you do?" Cooks need an extra focus on quality, multi-tasking, and cleanliness. Ask questions such as, "When you're really busy cooking, how do you maintain a clean workstation?"

    Know what answers you are looking for. Many companies have lots of specific questions but never tell those who interview what the ideal answers are. Listen! The applicant should be talking during the interview—you shouldn't have to be selling.

    Look to technology. Web sites such as www.snagjob.com will not only help bring applicants to your inbox (or fax machine), you can also set up filters to help minimize wasting your time with unqualified applicants.

    Evaluate the current trend in kiosks to assist in your hiring practice. Leading retail companies such as Blockbuster, Target, and Home Depot have an online or phone-in series of questions to help them screen in/out applicants, with custom-designed questions to find the right person for the different positions. The system can also be used to find out if the applicant is qualified for WOTC, conduct ba

    Nigerian Corporation Transcorp Explains Relationship With British Telecom
    Transnational Corporation, on Tuesday, said that British Telecom had not pulled out of the technical services agreement between the two companies for the management of NITEL and its mobile subsidiary, Mtel.Transcorp acquired a 51 per cent stake in NITEL last year under the privatisation exercise handled by the Bureau of Public Enterprises.However, there were reports that BT had pulled out, citing unavailability of working capital to turn around the telecoms firms and the lack of adherence to corporate governance principles.But, the Head of Corporate Affairs, Transcorp, Mr. Adedayo Ojo, said in
    Know what answers you are looking for. Many companies have lots of specific questions but never tell those who interview what the ideal answers are. Listen! The applicant should be talking during the interview—you shouldn't have to be selling.

    Look to technology. Web sites such as www.snagjob.com will not only help bring applicants to your inbox (or fax machine), you can also set up filters to help minimize wasting your time with unqualified applicants.

    Evaluate the current trend in kiosks to assist in your hiring practice. Leading retail companies such as Blockbuster, Target, and Home Depot have an online or phone-in series of questions to help them screen in/out applicants, with custom-designed questions to find the right person for the different positions. The system can also be used to find out if the applicant is qualified for WOTC, conduct background checks, or uncover other legal issues we might miss if done manually.

    It does cost money, but how much does a bad hire really cost you? More than you think! Just because their name doesn't appear as an expense line on the P&L doesn't mean we should overlook the cost of turnover. The right turnover is good—that is, letting those who are miscast in your restaurant go somewhere else (ideally to your competition). By focusing more efforts on who's coming in the door, you'll enhance sales and the guest experience, and soon you'll have a team of the right players focused on executing your vision!

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