Building a resilient workforce to manage pressure effectively'Resilience' is the new buzzword for the process of adapting well in the face of adversity, trauma, tragedy, threats or other 'stressors'. It's how we 'bounce back' from difficult situations. And fortunately resilience isn't a characteristic that we either do or don't have. It involves behaviours, thoughts and actions that can be learned and developed.Studies have shown that the most...more
If you have employees, you must meet a payroll week after week. You must always have money to pay creditors - the man who sells you goods or materials, the dealer who furnishes fixtures and equipment, the landlord if you rent, the mortgage holder if you are buying your place of business, the publisher running your advertisements, the tax collector, and many others. All of these must be paid before you can pay yourself.You must accept sole...more
You Can Start a Restaurant Business - Here's HowThose looking to start a restaurant business need to be properly equipped with the right information. Everywhere you look; there is another magazine or a book that promises to help you along the way. But who can you trust? The good news is that there are some simple steps that anyone can take to make sure that you get started on the right foot. Here are four steps that you can start on today to help start a restaurant business. The First Step: PlanYou can't successfully start a restaurant business if you don't have a plan in place. Planning is the key to making sure that you have all of the information and resources for your restaurant in place ahead of time. This will allow you to make the best decisions for your business. Here are some things you can ask yourself today:- What kind of customer do I want to serve?- Do I have a concept in mind?- Where will I be setting up my restaurant?- What will make my business unique?You need to write out the ideas that you have so that you can begin to assemble them into a professional and clear business plan. Here's what you need to do for the plan itself.The Second...more
The strongest houses are built on the strongest foundations. No matter how well-constructed and reinforced the walls and roof are, none of it will stand under stress if the foundation is weak. Conversely, a strong foundation will help strengthen an imperfect structure.The success of individuals on your sales team and the direction of your sales...more
Even the hardest-hitting corporate executives sometimes need to punch up their presentation skills. Nick Paulus, an executive and business coach who offers online articles on effective business presentations, recently recounted his observations during an event sponsored by a highly esteemed investment bank. According to Paulus, "Although it was a...more
If you've ever applied for a loan or credit card, chances are your lender acquired and examined a copy of your credit report before deciding whether or not to grant you credit. Your "Credit Report" is a record of your credit history and it's prepared by agencies called "Credit Bureaus", or "Consumer Reporting Agencies." These are private organizations and have no affiliation with the United States (or any) government. There are 3 major credit bureaus in the United States (2 in Canada) and their names are Experian, EquiFax, and Trans Union.Did you know that credit reporting is a multi-billion dollar a year industry? It's true! The credit bureaus are for-profit organizations that generate billions of dollars in revenue each year from selling copies of credit reports to creditors and mailing lists.Your credit report affects more than your financial life. It could affect your education, career, and even your relationships. Your credit report is used not only by lenders and creditors, but also by auto, life, and home insurers, future employers, and even some educational institutions. It affects the interest rates you'll pay on everything!So as you can see, your credit report can have a...more
A certified public accountant (CPA) is a professional individual who works on their own or is a part of an accounting firm. A certified public accountant (CPA) is generally in charge of monitoring and keeping track of the financial records of an...more
Key points to remember in understanding what your company is worth The asset approach considers the underlying tangible assets of an enterprise individually. The sum of the fair values of each asset, after netting out the aggregate total of the...more
Perhaps you've decided to relocate. Or maybe you've outgrown your home and need to find homes for sale that will accommodate your growing family. Or perhaps your children are grown, you've made the decision to downsize, and are in the market for real...more
When an individual files their tax returns each year they are able to claim a number of tax deductions. Many times a tax deduction can reduce the amount of money that is owed to the Internal Revenue Service (IRS) or it can create a larger tax refund....more
Year after year, the lack of managerial experience and aptitude has accounted for more than 90 percent of all failures.Many factors may adversely affect individual firms over which owners have little control. In such cases, the astute manager can...more
The beautiful thing about being a real estate investor is that there are unlimited ways to make BIG cash all the time in any type of economy. Real Estate is one of those things that everybody needs. It is not quite water, but it is something that...more