ITIL - Information Technology Infrastructure Library - is the name of a collection of 'best practices' that originated in the government of the United Kingdom. It's a very technical-sounding, but the truth is that the ITIL is simply a massive collection of procedures that any business with an IT department -- even if it's just one guy in a closet office -- can use to make sure that everything the IT guy does is as efficient as possible. Why...more
Not long ago, I received an interesting email query from a University of Texas MBA student. The MBA student wanted to know if he should incorporate a part-time consulting business he had started, given its small scale.While his question is one that people from any state can ask, the nuances of Texas corporation and limited liability company formation and taxation slightly complicate the answer for Texas small businesses. As a result, potential...more
This is one of those questions where there is no right or wrong answer it all depends. My parents and elder siblings would argue strongly that the only way to pay for anything was cash. If you cant afford it, you dont need it. If you need it, save up for it.I also know of people who dont use cash at all. They carry one credit card to pay for everything. Totally impractical if you ask me but that is their lifestyle. It may well be that they have enough cash to clear the credit bill every month so there is never anything to pay apart from perhaps an annual fee.As I said there may be no right or wrong answer but what if you are in the middle? What if you use both cash and credit are you making the best use of your financial resources or are your lifestyle needs more important?Simply put it all comes down to money management. Part of the problem is that we live in a world where a piece of plastic has become far more important than hard cash. If you are able to manage both successfully from month to month, if you are able to clear all your outstanding credit bills without incurring any interest charges then it is not so much as case of a cash versus credit lifestyle but more of a cash...more
When finding the best carpet cleaning business in Long Island, there are a couple of steps to take. Clients should make sure that they are choosing a company that specializes in a certain type of carpet. Some companies do not have experience cleaning carpets that are made of a certain material such as mink fur. Here are a couple of other things to...more
Are you new in the world of business? Are you familiar with how your business credit affects your business? This article will discuss the most common myths about business credit and truth behind them. Let this be your guide in determining what really counts and what does not about your business credit. Myth #1: Small business...more
Planning and preparation are the basic requirements to start your small business. Once you have everything set, as an owner you must do your part by mastering the skills needed in the field that you're getting in. As long as you have all the things and skills to start your business then there is an great chance that you will succeed.The most essential aspect to start any business is an idea. Basically, there are many ways in starting your own business starting from generating and researching a detailed small business plan to choosing a business basing on your passion. If you are planning to come up with a new small business then you may want to consider the following:Start your business with an idea. You must come up with an idea such as product or service. This does not mean to be unique or new product. It can be an existing product or service. You can customize an existing product or service to make it different. As long as there is a need for that product you can make it successful.Generate a detailed business plan. Make sure to set your short term, long term and financial goals. This does not mean that you have to make a hundred of pages on your plan. Your plan must include how...more
It's very common nowadays for businesses in Morocco, big and small, to do business with Americans. The Internet and other communication technology have facilitated easy international communication and inexpensive global marketing. Even...more
Essentially, all these elements should be maintained in their own proper levels, which is called the metabolism of the body. Any disturbance, excess, or shortage of one element leads to a imbalance of another element and becomes the primary cause of...more
Online shopping is giving more and more room to flourish e-commerce business. E-commerce business now has been improving and developing with astonishing pace and bring more and more people to this side. E-commerce is basically doing trade online; buy...more
Selling your business can be one of the biggest and most important events in your life so it is wise to make sure it is done well. In order for this you need to choose a business brokers who can guide you through the process and make sure the sale is...more
Running your own business is very rewarding but requires a lot of dedication and hard work from you. This means that your talent and effort must work in order for your business to work. A best way to start a business is to begin with knowing your...more
As we all know there are a few reasons you need a blog for your business. If you have a blog, you know how much fun it can be and how you can give it your special and personal touch. If you still yet to start a blog; pay special attention to the...more