IF you were presented with three choices -- time, money [seed or working capital] and good health -- which one will you absolutely go for? Which of the three will you hang on to while ignoring the other two?Tricky question, you say? Maybe. But I don't think so. Not when you give it a deep thought. Depending on the level you're in your entrepreneurship career, the answer is as simple and straight forward as ABC.Without a shadow of doubt, these...more
Financing is one of the most difficult tasks for any business, especially during a financial crisis. Obviously cash flow is the life's blood of any business, at any time, good or bad. The important thing to remember is that because of this crisis all businesses are in the same position you are, as far as cash flow is concerned which directly affects the ability for any company to obtain financing. So how do we proceed?Mind SetThe first thing is...more
The problems IT Help Desk customers often encounterIf your company or organization has an in-house or outsourced IT Help Desk, chances are that some of your Help Desk customers are dissatisfied with the service they are receiving. Some of the many possible causes of dissatisfaction with IT Help Desks include:1. Long wait times when calling the Help Desk or after submitting a service request by e-mail or using a Help Desk Web portal or ticket system2. CSRs that do not understand their customers' problems3. Rude CSRs4. Closing IT incident tickets before the problem is resolved5. Lack of follow-up by IT Help Desk CSRs6. IT customers (IT users) having to deal with recurring problems for which the cause never gets addressed and/or eliminated7. IT Help Desk CSRs that are not adequately trained and that lack knowledge required to solve problems8. IT customers having to explain their question or problem to multiple CSRs and IT technicians9. IT customers having to wait a long time for Help Desk problem resolution, hardware repairs, software installation, and other IT support provided at their desk or by phone/e-mail10. IT Help Desks not being staffed when customers need support (nights,...more
In a challenging economic environment you often you must work harder and longer to maintain your profitability. If you can become 10 more efficient through the diligent use of office software, that can help make up for the losses of a bad economy.Fortunately there are many tools available to maximize our efficiency in the office. By learning new...more
Lost your Job? Experiencing a sudden or unexpected career change? Worried about your future? The emotional response to career change is similar to dealing with loss as characterized by Kubler-Ross.DenialThere are typically two stages of denial that occur with sudden or unexpected career transitions. The first stage is typically very brief. There...more
Sometimes our closest friends, family members, and even our spouse can be lobsters. Are you acquainted with any of these walking, talking crustaceans? You probably know lots of them, and you're in good company if you do. Almost everybody has at least a few in their phone book or Facebook friends list. If you want to experience great success in any part of your life, however, be aware of how much time to spend with them.What is a lobster?We're talking about people of course - people that mimic a particular behavior of lobsters. In restaurants, food processing plants, or wherever they are prepared in mass quantities, multiple live lobsters are added to pots of boiling water all at once. Now I love crab, lobster, and other delicious critters from the sea, but I'm a softy and hate to think about how they are prepared. I can't help but feel sorry for the little animals. For those of you who are bit squeamish like myself, I apologize, but the analogy it represents is so dead on target, it must be used. Back to the pot of boiling waterÂ… Naturally the lobsters want out. They scramble around, doing their best to climb the sides of the pot to find cooler surroundings. Some of them succeed...more
For a society as complex as the United States, categorization is very important. From the legal area to the political, from the medical area to the academic, every field has categories. The area of finance is no different. One aspect of finance that...more
In every business time is considered as gold. There are many company think of how they can save time because time is very important. Saving time is a ways of saving a lot of money too. This is true when it comes to their payroll department. Using a...more
Many contractors struggle with cash flow. Although this can be attributed to many factors, admitting you have a problem is the first step to recovery. Before you can take corrective action, however, you first need to understand where problems are...more
Credit cards are considered to viaduct breach between desires and fulfillment, uneasiness for purchasing and smile for growing capability of acquire even with inadequate cash in hand. Since these synthetic cards came to soak, they have allured...more
The housing market has been affected by the economic crisis, property values falling fast. Millions of people are unable to meet their mortgage payments, have lost their jobs or are suffering a reduction of their income. These circumstances are...more
Instead of proceeding with the foreclosure action, most banks and lending institutions prefer to arrange a loan modification plan with the borrower. Thus, the terms of the loan will be changed and the borrower will be given a new chance to pay off...more