Tags |
|
|
Links |
|
|
Casual Articles - Establishing Retention Guidelines
If you currently own a business, or plan to change the structure of your business, you need to research the many possibilities you may have. Should you stick with a sole proprietor status or form a New Limited Liability company? What Limited Liability options do you have? Hopefully, this article will give you a brief birds’ eye view of your available options.A Limited Company, also known as a Limited Liability Company, LLC, or Ltd. can be a very worthwhile business formation. Limited Companies by nature protect their investors by you guessed it, limiting their liability. There are two types of limited liability companies. One is a Public Limited Company or PLC and the second more commo
Sewing machine shops are popular shops for people who enjoy sewing. They have various models, from low end to very expensive models. The stitching quality of a particular machine depends on the features such as the needles, thread, tension, sewing technique and the operator.Many seamstresses prefer a simple sewing machine, with a zigzag stitch and a buttonhole attachment. Generally, most seamstresses make use of straight, zigzag and blind hemstitches. An eighteen- stitch or computerized sewing machine is really not needed for the normal stitching requirements. However, it is seen that some of the older versions of machines cannot handle many of the new fabrics and materials.When the b
As a general rule, retention guidelines are most useful when organized by department, but it’s helpful to know what other departments keep. For example, in one company I discovered three departments (on the same floor) keeping information about potential meeting sites. This is unnecessary duplication and takes far too much space. In addition to keeping it in three places, they kept the information for several years when in fact, it wouldn’t be wise to make a decision about a meeting space based on old information.
Talk with staff members People who use files regularly are the best source of information when you’re developing retention guidelines. Use the records inventory form discussed previously as a starting point for discussion, and determine how long people actually use the information that is kept. In many cases, employees may not know—which is exactl
Do you remember Frank Sinatra’s song…? “I did it my way”Excellent song. I love it.And you know what… some business owners love the notion of ‘doing it my way’ so much that they ‘hold’ onto every aspect of their business – so much so that they don’t allow people to help them to grow.They latterly stop their staff from helping them.They stop their ‘accountant’ from helping themAnd they stop any outside expert from helping them…There may be all sorts of reasons for this behaviour…They may be too proud to ask for help.They may be too scared to ask for help (as it can make you feel quite vulnerable).They may think it’ll cost too much to get
As a general rule, retention guidelines are most useful when organized by department, but it’s helpful to know what other departments keep. For example, in one company I discovered three departments (on the same floor) keeping information about potential meeting sites. This is unnecessary duplication and takes far too much space. In addition to keeping it in three places, they kept the information for several years when in fact, it wouldn’t be wise to make a decision about a meeting space based on old information.
Talk with staff members People who use files regularly are the best source of information when you’re developing retention guidelines. Use the records inventory form discussed previously as a starting point for discussion, and determine how long people actually use the information that is kept. In many cases, employees may not know—which is exact
Business brokers act as matchmakers in the world of business. They bring together small and medium-sized businesses. Small businesses have their own limitations owing to their limited presence in the market. Though most of the business brokerage firms help in selling all sizes of businesses, there are specialized business brokerage firms for selling small businesses also. Through their contacts with big corporations, they can get a good selling price for a small business.For this they could charge a small fixed fee and then a commission. The commission is calculated with the sales price as the base. It is generally negotiable. Various surveys have indicated that as many as one-third of the b
As a general rule, retention guidelines are most useful when organized by department, but it’s helpful to know what other departments keep. For example, in one company I discovered three departments (on the same floor) keeping information about potential meeting sites. This is unnecessary duplication and takes far too much space. In addition to keeping it in three places, they kept the information for several years when in fact, it wouldn’t be wise to make a decision about a meeting space based on old information.
Talk with staff members People who use files regularly are the best source of information when you’re developing retention guidelines. Use the records inventory form discussed previously as a starting point for discussion, and determine how long people actually use the information that is kept. In many cases, employees may not know—which is exact
“Some contend that differentiation is nuts – bad for moral” – Jack WelchWe get taught from a very young age that differentiation is bad, and that people’s feelings can get hurt, and people will be upset. But this leaves us in an emotional rollercoaster.Business is not about emotion, it’s about money and making it. It’s about being the best, beating your competitors, and succeeding. Yes, it doesn’t mean we should be cold hearted, but we need to be driven by the goal, making money, not by emotion.If we work on an emotional level, we should join some non profit organization, that allows us to work on emotion, and caring for others.I see two places for differentiation. The f
Talk with staff members People who use files regularly are the best source of information when you’re developing retention guidelines. Use the records inventory form discussed previously as a starting point for discussion, and determine how long people actually use the information that is kept. In many cases, employees may not know—which is exact
In today's 24/7 business environment, burnout is a major problem among business executives. How much time and money is your company losing because of executive burnout? Do you know you can avoid burnout in your staff--and reap higher profits? Here are four things you can do this week to avoid business burnout now and in the future:Focus on self-transformation. For example, practice re-writing your job description given your evolving challenges, and think about how to become the perfect candidate for the job you already have. A leader who focuses first on self-transformation will have the energy and perspective needed to thrive. A focus on self-transformation also inspires confidence from emp
Talk with your advisors To further develop your retention guidelines, collect all the information you can from your accountant and general counsel about what information is legally necessary in your company (and see the accompanying box for suggestions). In some cases, your organization may belong to an industry-related association, which might be able to provide additional guidelines. The “Originator’s Rule:” The Universal Retention Guideline It’s essential to keep some information, but unnecessary and undesirable to keep duplicate information. One way to avoid this is to be sure everyone in your office understands and implements, wherever applicable, the “Originator’s Rule: Whoever originates a piece of paper is responsible for its retention!”
Document your record-keeping plan. Once you’ve collected all the available information about records retention from internal and external sources, it’s time to put the information in some sort of user-friendly form for each department by adding the information to your File Index. If your company becomes involved in litigation or an audit, you’ll be in a much
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.casualarticles.com/article/5134/casualarticles-Establishing-Retention-Guidelines.html">Establishing Retention Guidelines</a>
BB link (for phorums):
[url=http://www.casualarticles.com/article/5134/casualarticles-Establishing-Retention-Guidelines.html]Establishing Retention Guidelines[/url]
Related Articles:
Six Sigma Process Simulation And Modeling
Financing Your Staffing Agency
The Secret War in the Office - Part Two
Bookmark it:
|