IntroductionOne of the easiest "things" that can happen in life is the ratcheting up of a large credit card debt. For whatever reason, making purchases with credit cards seems easier than spending cash to obtain a product or service.Maintaining high levels of credit card debt is not prudent. The interest rates associated with most credit cards is high. In fact, many people have managed to rack their card balances up so high that only the minimum...more
Almost everything you have ever been told about the world's stock markets is probably wrong. Almost everything you have ever assumed about the world's stock markets is also probably wrong. You probably believe that share prices go up and down due to classic 'supply and demand' laws. You probably believe that over time, the world's stock markets will go up because of increased economic production, or inflationary pressures. You probably believe...more
Any old policy and procedure format saves time by not having to start from scratch, right? Well, not necessarily. Using a weak starting point can hurt employee usability, introduce confusion and user-error, and may not assist in your compliance and control objectives. The result could set your project back further and cost you even more time to fix it later. But it doesn't have to.Drive Performance ImprovementIf your policies and procedures are incomplete, outdated or inconsistent, then you are probably not driving the performance improvement you intended. And by improving your business, you can save money and help increase customer satisfaction.Improve Your ResultsTo be confident you're buying a procedure template that gets the job done quickly and correctly, it's important to examine its basic elements. Take a moment to view the following features that you should be using, and also learn how to benefit with such crucial time-saving features as: An ISO 9000 compliant layout for easier readability A clear and concise header block to ensure a procedure communicates the purpose and scope Clear department responsibilities that identify who does what Key term definitions to reduce...more
Writing a business plan is a daunting task. If you do not know that by now, you will discover that soon after you have read your first set of instructions for writing a plan. While each of these preparations will require much of your time and efforts, they will help to make the writing of your business plan easier.Writing your own plan is best...more
OUTSOURCING: AN OVERVIEWBusinesses of all kinds can and do benefit from the tool of outsourcing every day. Businesses large and small have been outsourcing every day projects for many years. The businesses that use outsourcing as a tool to enhance and grow their business already know the value that outsourcing brings to their organization. ...more
The idea of a business plan competition first started in the 1980's at the initiative of some MBA students from Texas and has increasingly gained popularity. Such events happen yearly and rejoice a great affluence of contestants, which highly increases their competitiveness.CompetitionsOrganized by Universities Babcock Elevator Pitch Competition - Wake Forest University Enterprise Creation Competition - Ball State University Moot Corp. Competition - University of Texas Duke Start-Up Challenge - Duke University IBK Capital Ivey Business Plan Competition - University of Western Ontario OFC Venture Challenge - Clark Atlanta University Venture Adventure - Colorado State UniversityHeld by business organizations Jungle Business Plan Challenge - Jungle Media Group S.E.E.D. Business Plan Competition - TechKnowledge Point Corp. Venture Bowl - National Institute for Entrepreneurship and Carrot CapitalYou will wonder probably what exactly do these competitions consist of and where does their popularity come from?OrganizersAlthough the organizers and sponsors are usually universities, there are several business organizations that host business plan competitions.ContestantsBusiness plan...more
BizTech 2.0 is an entrepreneur education program offering business assistance to students over 13. The program teaches business, information technology and life skills to young people via the Internet. It reinforces math learning, reading and...more
OK, as a manager, your goal is to show a profit for your business unit, or meet certain expectations of your association membership, or achieve your non-profit's operating objective. In each case, you'll need public relations activity that creates...more
Over the past several years credit repair organizations have gained a bad reputation due to unscrupulous companies stating that they can clear your credit report. Clearing your report was not the problem, but stating that they could give you a clean...more
December can be a trying time for small businesses. The year-end rush to close clients in order to meet target year-end sales goals can leave a person feeling stressed, overworked, and definitely, not in the holiday spirit. Last year around this...more
Real estate investment takes motivation, drive and ambition on your part if you want to see your hard work turn into a huge profit. If you, yourself don't have the enthusiasm, chances are, your real estate investment days won't last long or make you...more
There was something about the way "Super Fly" Jimmy Snuka jumped from the third rope of the wresting ring onto his opponent that made me want to be a professional wrestler. I couldn't wait to become a star of the wrestling ring.But when I shared my...more