Casual Articles - Business

Professional Salespeople Can Learn So Much From Covey's Seven Habits
When a colleague loaned me Stephen Covey’s “The Seven Habits Of Highly Successful People” many years ago, it took me about three months to get round to reading it – I now realise that I wasted those three months! In fact, I read it three times in order to ensure that I had fully digested the wisdom.Whilst I cannot claim to have experienced an epiphany of “Damascus Highway” proportions, it did cause me to make fundamental changes t

financing, here are 5 major actions you will need to take and probably in this order (although they can be done simultaneously to some degree):

1. Build a trusted advisory team. Select an attorney, accountant/financial advisor and busine

Collecting Customer Data The Easy Way
Market research is a critical component of any marketing strategy. There are many expensive sources of customer information available today. But, if you don’t have a large marketing budget for market research, what can you do? There a four easy and inexpensive ways to gather marketing data by using your existing customer base.You will start with the commitment to collect data constantly.1. The Constant Thirst for Customer Informat

If your company is at a point in its history and experiencing solid growth where you are considering looking for outside investors for your capital needs, then you want to know if your business will be or can be attractive to investors. If you plan to search for equity investors, you should know that they will expect a significant return on their investment (20% to 50% is not uncommon) and many times within 5 years. These investors will look carefully at the candidate company to characteristics that include, but are not limited to: a solid and proven management team; potential company growth; solid business plan; and evidence of strategic thinking and planning in a strategic plan with vision, mission core values and short term & long term goals.

And the equity investors will expect you to give up a portion of your business. So, one needs to carefully consider: Do I need equity investors as a source of capital to grow the business? If you decide to obtain equity financing, here are 5 major actions you will need to take and probably in this order (although they can be done simultaneously to some degree):

1. Build a trusted advisory team. Select an attorney, accountant/financial advisor and busines

No Degree, No Problem
According to a recent survey, 52% of job candidates polled lied on their resume about having a college degree. Here are 3 brief horror stories: A new Director of Logistics and his family were actually loading the moving van provided by his new employer for relocation from California to North Carolina. The phone rang and it was the Human Resource Manager from his new company. The offer wa

lan to search for equity investors, you should know that they will expect a significant return on their investment (20% to 50% is not uncommon) and many times within 5 years. These investors will look carefully at the candidate company to characteristics that include, but are not limited to: a solid and proven management team; potential company growth; solid business plan; and evidence of strategic thinking and planning in a strategic plan with vision, mission core values and short term & long term goals.

1. Build a trusted advisory team. Select an attorney, accountant/financial advisor and busine

Audience-Friendly Presentation Style Habits in Three Easy Steps
Seven years of coaching business presenters have made it clear to me: there's a body of presentation style habits that pass from one presenter to another. The biggest question is "are these presentation habits helping or hurting?"Many presentation habits are not audience-friendly. They prevent you from connecting with the audience; they bore the audience, or they make it hard for the audience to pay attention to you. If the aud

eristics that include, but are not limited to: a solid and proven management team; potential company growth; solid business plan; and evidence of strategic thinking and planning in a strategic plan with vision, mission core values and short term & long term goals.

1. Build a trusted advisory team. Select an attorney, accountant/financial advisor and busine

B2B Exchange – All You Need To Know
B2B exchange is a website, which facilitates companies to buy from and sell to each other using a common technological platform. These exchanges also offer other services such as logistics management and payments. B2B exchange is popular as it ensures transparent and efficient transactions, businesses can find the perfect market for their products with the best price establishing mechanism. Business benefit greatly as information is easily acce

& long term goals.

1. Build a trusted advisory team. Select an attorney, accountant/financial advisor and busine

Cash Register Stand Allows Retailers to Make the Most out of Cramped Quarters
One of the biggest problems for most independent retailers is space- or more accurately, the lack of it. In the never ending quest to offer more to customers, we soon find ourselves offering less space to move around within our store. And that can cause big problems. One solution many retailers are turning to is cash register stands. By abandoning the large store counters of the past for simpler, smaller space saving cash register stands, r

financing, here are 5 major actions you will need to take and probably in this order (although they can be done simultaneously to some degree):

1. Build a trusted advisory team. Select an attorney, accountant/financial advisor and business coach to build that team. This advisory team will be a key resource to your business and will help you develop your business plan, guide you through this process, provide introductions to key contacts and networking for you.

2. Develop a strategic plan and a business plan. The strategic plan includes the vision and mission for your business, along with the core values or guiding principles of your business and the short & long-term goals for the business. The business plan is the action plan and will include an executive summary, your business strategy, a SWOT analysis, market research, financial projections, etc. My advice is to try to find out what the investors like to see in the business plan and customize it and tailor it to their needs.

3. Determine the value of your business. You will need t enlist a professional to assist in this and would recommend that you seek referrals from your advisory team as to who may best be prepared to do the valuati

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You have the opportunity to join a non-profit organization as their bookkeeper and while you may have a great deal of experience working within the business for profit world there are some differences between the two types of organizations that are important to consider.

Don't you hate the thought of having to move your office? The hassle. The interruption to business. But there comes a time in almost any business when it is necessary.

Are you wondering whether to accept credit card at trade show options? You know how it goes. You register for a show, set up your booth, and over the course of the event you find that lots of customers want to buy your products. If you are stuck making change for cash payments or trying to decide whether to accept a personal check, you could spend a lot of time and lose many customers in the process. Those who prefer to pay by plastic will head to your competitors’ booths where they can swipe a card and be on their way in a few moments’ time.

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Casual Articles - Can Your Business Be Attractive to Investors? Thoughts From A Business Coach

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