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 because you probably have superior knowledge of your product, your target market and your own...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. Outsourcing is a business process term for what has literally become known as hiring a consultant,...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 critical thinking skills.The program was launched by The National Foundation for Teaching Entrepreneurship,...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 behavior change among your key outside audiences. Behavior change that leads directly to...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 credit report or a new credit file was. It is against the law to create a new credit file using a federal taxpayer identification number, or any number other than your own social security number. Credit repair companies are governed by a federal law called the Credit Repair Organizations Act, these laws state what services a credit repair company can legally offer to their clients. The argument always stated is that you can clean your own credit without the services of a credit repair company, although this is true, if we follow this argument the average consumer can also repair their own television without any previous experience. The problem with attempting to clear your own credit is that it is a time consuming are requires a lot of patience and follow-up paperwork. Most consumers give up on the process once they venture into the labyrinth of dealing with credit reporting agencies, and debt collectors, but a credit repair company...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...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...more
You've made the plans, built the quality system and conducted the audit. So how do you register your company as ISO 9001 conformant? And how can you be sure you're getting the most value for your investment? Here's how the process...more
Quite a bit, actually. Public relations helps business, non-profit and association managers achieve their managerial objectives with results like these. New proposals for strategic alliances and joint ventures; rebounds in showroom visits; customers...more
Good ideas are literally "a dime a dozen". Individuals conceptualize revolutionary new products and new services with each passing minute of each day. Although there is such a steady stream of ideas that can be marketed successfully and developed...more