Casual Articles - Business

Donation Request Letters Need Suspense To Keep Donor Attention
How would your next fundraising letter perform if Agatha Christie wrote it?“Alan,” you’re whispering, “Agatha Christie is dead.”“I know,” say I. “But I’m trying to make a point here. So bear with me.”Agatha Christie is the world's best-known mystery writer and, apart from William Shakespeare, is the all-time best-selling author of any genre. Christie knew how to write novels that hooked readers right to the last page. The tool she used was suspense.Include so

lated at liquidation prices. Think pennies on the dollar. EEK!

--- My Personal Favourite

The Net Earnings equation: This formula like all of them is fairly generic, however it does give you a great way to think about things. First of all, it uses the business net profit or earnings, to calculate the figure (Now do you see why piggy banking your business when it comes time to sell is bad!) If you’ve got three to five years showing a nice steady net profit you can use this to calculate the next part of the equation.

Then using the NE figure you treat the business like an investment and assume th

Recruiting
It is very important for an enterprise to be adequately staffed. Systematic steps have to be taken to ensure that the right types of persons are available to the concern in right numbers. This process is called recruiting and it takes time and attention to find out persons who are not merely willing to work but are also suitable for the positions lying vacant. It goes without saying that the management should, to begin with, attempt to make an estimate of the requirements of individuals required in the different depar

No, I’m not talking about gambling or dairy cows – although business is often referred to as a gamble, I’m referring to your exit strategy. That time when you decide to ‘play no more’ and go off and practise your golf swing. Yup, I’m talking about selling your business…

So you own the show, good for you. You may even have a sign on your desk that says “The Buck Stops Here…But Not For Long” or some other humorous sign. The reality is though that selling your business is deadly serious – here’s why.

--- Split Personalities

You are not just one person. You are two. You are the owner of a business, if the business has shares I imagine you own them. And you are also an employee of the business (probably the GM or CEO). This means you work there too.

So what? Well those two roles, those two people have different objectives. Permit me to explain. The owner is looking for value and wealth, an increasing asset, maybe dividend payouts and other shareholder perks.

The CEO/GM wants a high salary, wants the increased income and they want it now. After all, what the heck has all this hard work been for? Again, what’s the big deal you ask? Well if you are a financial whiz then you’ll know already, but for most of us its all about the posted business net profits.

If you ‘piggy bank’ the business and take a high salary then the business probably reports very little as net profit at year end. You will probably pay less business tax to be sure, but you’ll also be showing that the business is not profitable… at least on paper.

--- A Low Company Net Profit Is Not So Bad – Is It?

Yes and no is the answer. We all know that the financial picture you present can be made to look many different ways (and I’m not talking about cooking the books here) just how you choose to allocate certain costs and expenditures. As the CEO/GM you would likely have worked closely with your accountant to develop a suitable tax reduction strategy.

Often times this works against you when it comes time to sell because of the way that businesses are often valued. There are no hard and fast rules but there are a few obvious guidelines used by many for evaluating a business for sale and purchase.

The book value: All the liabilities are subtracted from all the assets and the resulting figure is the equity or book value. (A – L = E) Boring, but it gives you an idea.

Fire Sale: The value of the business is calculated at liquidation prices. Think pennies on the dollar. EEK!

--- My Personal Favourite

Then using the NE figure you treat the business like an investment and assume tha

Internet Franchise Guidance
IntroductionBy joining an Internet franchise you already have a better chance of starting a business that has a proven model of success. There are many internet franchises to choose from, from online casinos to creating easy web page templates for companies to use. The internet is here to stay, and so are internet franchises, the potential market for internet franchises will continually increase.Before joining any franchise consider the following:War

business, if the business has shares I imagine you own them. And you are also an employee of the business (probably the GM or CEO). This means you work there too.

--- A Low Company Net Profit Is Not So Bad – Is It?

The book value: All the liabilities are subtracted from all the assets and the resulting figure is the equity or book value. (A – L = E) Boring, but it gives you an idea.

Fire Sale: The value of the business is calculated at liquidation prices. Think pennies on the dollar. EEK!

--- My Personal Favourite

Then using the NE figure you treat the business like an investment and assume th

Web Branding: Nobody's Perfect – and That's Good
Web branding is antithetical to the notion of perfection. Sometimes the best web branding advice is to let your humanity leak onto the web page. Life’s messy and perfection is not a trait known to mankind.If you make a mistake admit it, laugh about it, make fun of it, allow others to comment on it – in the process you will find prospects looking at your website or blog with an appreciation for the voice of common humanity.So many businesses rely on a level of perfection they can never attain and hope to

y, but for most of us its all about the posted business net profits.

--- A Low Company Net Profit Is Not So Bad – Is It?

The book value: All the liabilities are subtracted from all the assets and the resulting figure is the equity or book value. (A – L = E) Boring, but it gives you an idea.

Fire Sale: The value of the business is calculated at liquidation prices. Think pennies on the dollar. EEK!

--- My Personal Favourite

Then using the NE figure you treat the business like an investment and assume th

Cover letter NO NO's for Construction workers
When applying to any type of Construction Job, there are several things you should make sure you DO NOT do. Do not…….Make it too short. By pulling out the most relevant skills and abilities to the job, you can then elaborate and extend information on these. You want to show them you are capable of doing the job and have the skills and experience to be able to perform what they need.Make it too long. Do not waffle and put irrelevant skills, hobbies, and interests in, as this will not get you the job. Keep

and expenditures. As the CEO/GM you would likely have worked closely with your accountant to develop a suitable tax reduction strategy.

The book value: All the liabilities are subtracted from all the assets and the resulting figure is the equity or book value. (A – L = E) Boring, but it gives you an idea.

Fire Sale: The value of the business is calculated at liquidation prices. Think pennies on the dollar. EEK!

--- My Personal Favourite

Then using the NE figure you treat the business like an investment and assume th

Construction Software
Construction Software are so advanced and useful that they not only are useful in the operation of the business but also integrate it with the financial management with ease. The choice available to the customer is astounding and it is easy to choose software that suits your business needs. Commercial and Industrial Contractors, Corporate Owners and Government, Real Estate Developers, Real Estate Managers, Residential Builders, Electrical and Mechanical Contractors, Specialty and Service Contractors and homebuilders e

lated at liquidation prices. Think pennies on the dollar. EEK!

--- My Personal Favourite

Then using the NE figure you treat the business like an investment and assume that the NE is like the return you’d get on some income sitting in a bank somewhere. If your average net income for the past 3 years is $50,000 then you treat that like the interest you’d make, and figure out how much you’d have to have in the bank to make that much in interest.

For example, if you made 10% ROI then your imaginary savings would have to be $500,000. So if you think you can get 10% and you’ve been steadily churning out $50K in net profits, then your business would be worth about $500,000 (give or take a few modifiers.)

--- In The Next 3 to 5 Years

So if you plan to sell your business in the next 3 to 5 years you might want to take a good look at the profit your business is showing. Sure moving things around to show a greater profit will likely increase your tax liability, you may even have to forgo some of those bonuses and perks you take. However your business will then look more profitable and this will factor greatly into the overall value that you will achieve when you eventually sell your business.

And that’s the whole point in the end.

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Without this one important element it won’t matter much how great your copy or you offer is, because few will ever read it.

Franchising is a great opportunity to take a tried business plan that has proven successful and run a business of your own on that model. Of course, there are rules that must be followed and fees that must be paid, but in the long run buying a franchise that has already established itself in the market can be a very lucrative business. However, buying a franchise can be very expensive, which limits the individuals who are actually able to afford buying a franchise in the first place. But, there are some small business opportunities in franchising that do not require huge investments. This opens the window of opportunity for many other individuals to get in on a franchise without a huge investment.

There’s a good chance that you’ve come across the term “marketing communications”, if you work in a reasonably large organization. In our present day and age, most organizations have a division that deals with marketing communications. It is often referred to as corporate communications and product marketing.

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