|Small Business Information|
Do Your Best; Hire the Rest
One of the hidden perks of raising six children is the learning laboratory it provides for the parents. My wife and I have learned how important it is to teach our children to do things for themselves and become problem solvers. There isn't enough time to do it any other way with a house full of children. Learning how to tie your shoes, make a telephone call and solve for two unknowns in an algebraic equation are examples of goals society sets for children. Undeniably, do it yourself skills are important for all of us to acquire.
As we mature, we get comfortable with the fact that doing it ourselves will save time, create a feeling of accomplishment and definitely save money. We do it yourselfers develop a feeling that the control of doing it ourselves will also lead to a job well done. How many times have you heard, "If you want it done right the first time, do it yourself."
What parents intend to be a lifelong asset of independence for their children can later be a lifelong hindrance on their financial growth, however. I notice that D-I-Y is a curse at times.
We become so accustomed at doing everything, that we spend all of our time doing everything.
Unfortunately, this leaves little time for doing the few things we do best. I can prepare my own income taxes, but I gave up the preparation part many years ago. The money spent to hire a professional freed up time to do more productive things in my businesses. I know the basics of how a website is created and how to transfer html coded pages for uploading, but I hire out that service, too. I understand how the stock market works and how to analyze the performance of a stock, but I use a financial consultant to help me with my investments since I just don't have the time to do it all.
Many small business owners started their own businesses as "solopreneurs" and got comfortable with being a do it yourselfer. Operating as one-man bands, they are destined to be soloists the rest of their business careers unless they ask for help.
When they are ready, they may choose to seek help with bookkeeping, marketing or planning. They will just say help with hiring, payroll or product development. Focusing on what they do best will cause them to ask for help with sales, pricing or maintenance.
The paradox of being self sufficient and asking for help is hard to handle. When we do it yourselfers wrestle with the temptation to be jacks-of-all-trades and pin it to the mat, we will be able to grow in our business and personal lives.
Next time you have the urge to do everything yourself in your business, think about the Spandex Rule: Just because you can doesn't mean you should.
Doug Emerson trains consults and coaches business owners on how to make more profit in less time using 8 key strategies. He writes a free electronic newsletter about the business of life called Getting to the Point. Free subscription available at the homepage. http://www.douglasemerson.com
Internships: Good for Everyone
Many job applicants want a job but often do not have the prerequisite experience, experience that they can only have by getting a job. Managers who take the chance and hire them may have to spend considerable time and effort training them, only to find the new recruits unsuitable or unhappy with the jobs and looking for employment elsewhere. One way around this problem for many organizations is an internship program. For professionals in career transition as well as students and recent graduates, such programs provide working experience that otherwise would never be supplied to someone interested in a specific field.
Venus Transit - and Small Business?
On June 8, 2004, the world witnessed what no one living today had ever seen... VENUS - the planet of Love, Beauty and Human Unity - transitting across the face of the Sun.
Age Old Marketing Technique Improves Business Plan Executive Summaries
Every business plan book tells you how the Executive Summary is your opportunity to provide a brief overview of your business plan; capture your readers' attention and imagination; and, summarize the plan's highlights and key selling points.
If You Want to Work from Home
Here are some important points to take note of if you want to work from home. working from home is a dream occupation for many people, but only a few of us will dare to trudge that path. As long as you keep to your basic principles, keep focused, learn how to motivate yourself, be patient and learn how to manage your time properly, you CAN have the best of both worlds.
Write An Effective Job Proposal
I am simply amazed at the problems some of my colleagues are experiencing regarding writing job proposals for customers. So often I hear that there has been some sort of disagreement between client and service provider, something that can and should be avoided before a project is started. Here are four tips to help you write an effective job proposal letter.
Seven Common Mistakes Made By Small Business Owners
Most new small businesses won't be in business this time next year. That's the cold hard facts. Though it is easy to start your own business, it takes a lot more to succeed in business. There are seven common mistakes made by small business owners. Let's explore them so you can avoid them.
Technology Community Helps SMBs Focus on Their Core Business
If you're starting your own business or currently work for a start-up, you wear a lot of hats. Any disruption in your business can eat up hours of your time and kill your productivity. Many start-ups are so focused on getting their business off the ground, that they overlook technology considerations that can help increase their productivity and enhance their efficiency. Unlike mid to large corporations that have dedicated IT personnel, start-ups typically do not have in-house IT resources to evaluate and deploy new technologies to pre-empt unforeseen issues, such as virus attacks, and streamline processes to increase efficiency gains. This is due partly to time and partly due to budgetary constraints. Small businesses want to focus on the next sale, not the next purchase. Largely for this reason, many small to medium businesses (SMBs) are categorized as laggers on the technology spectrum -- classified as conservative IT buyers and slow adopters of new technologies. This profile make it seems as if SMBs are risk adverse, when in actuality, SMBs are more risk takers than corporate employees ? after all, they've started their own business or are part of a start-up where the P&L is felt throughout the company.
Franchise Territories are Generally Delineated On a Map; Why?
If you own a mobile service or home based franchise your exclusive territory will be delineated on a map in the attachment of your franchise agreement. You will be assigned generally a single city, county or region and another franchisee or team member of the same system will not compete with your although may be right around the corner. You will only drive or be required to service clients as far as your exclusive territory boundaries. Unless of course there is no franchisee in the next city over, then might be willing to temporarily expand your market region if it is okay with the franchisor. You may go to that city periodically for special people or special clients that have needs of services. This is why we have exclusive territories in the franchising industry.
Looking for a New Office Chair?
Perhaps you are building a new home office or you are redoing the one you have. Or, maybe you are looking for an office chair to replace that broken down model sitting in your office. Regardless, the office chairs of today offer more then just comfort. Choosing an office chair can be as much fun as getting a raise! Well, maybe it's not that good, but it's still a great moment!
A Business Plan Is Not Worth A Cracker To A Struggling Business - A Plans The Last Thing It Needs
Before you start a business we encourage you to prepare a business plan. Without it your business has a 92% chance of failing within the first 12 months. Sometimes your business plan tells you that you should not go into business at all!
Advertising - For Small Businesses (Part 2)
How to do it
How to Handle Rejection When You Start an Office Cleaning Business
"If at first you don't succeed, then skydiving definitely isn't for you."
Fleet Washing Expansion Considerations
Many times small businesses want to expand their businesses and are not sure when the best time to do that might be. The key of course is cash flow. Will your current and brand new accounts afford you the cash flow to expand? Let us run thru a scenario with you and just so you know this is good advice, I own the Truck Wash Guys and have been doing this a while. Each time a franchisee wished to expand and ask for advice, I would look at their situation and determine if it was a wise idea. Sometimes it was, but often it was not. So let us look a hypothetical scenario for a moment:
Computer Related Habits From Small Business Owner - Be Prepared, Avoid Despair
Aside from the fear of losing a spreadsheet or research project prepared for a client, what prompted me to write this article was the realization that it takes nothing short of persistent follow up to stay ahead of computer threats which could ruin my business. I also accepted the fact that keeping my computer free of viruses and spam is paramount to ensuring my computer is not going to harm others.
Due Dilegence 101 Or What You Do Not Know Can Kill You! - Part 1
Introduction: This article is written as a general discussion on the subject of "Due Diligence". It is for informational purposes and not intended to be a definitive guideline for your exact situation. You should consult the appropriate professionals with regard to your specific transaction or situation. Further, this article is in no way advocating, suggesting or implying that anyone engages in any type fraudulent activities whatsoever. These are simply the things a buyer should be aware of when doing due diligence in buyer a business.
Web Based CRM Systems: Get Mobile; Get Results
Everyday more web based companies enter the business scene. The low initial investment, potentially high revenue, and convenience of owning and operating a business from your home PC or laptop is enticing an ever-increasing number of entrepreneurs to try their hand at e-business. Unfortunately, most of these would-be companies disappear shortly after their initial market entry.
The Greatest Challenges the Internet Consultant Faces!
While there are few career paths that some would call perfect, being a consultant comes pretty close to having it all. Yet while it is one of the best ways to earn a living, there are challenges and pitfalls that are sometimes overwhelming and unexpected.
Getting Grant Funding For Your Nonprofit Organization
Do you need grant funding for your nonprofit organization? If you do you are most certainly not alone in your needs. This combined with the fact that because of regular government budget cuts there's not as many federal dollars available as there once was. And because of our current economic recession foundation dollars are down as well. What you now have are some serious concerns facing your nonprofit organization.
Shortcuts Will Kill Your Business
Think of your business as a living, breathing, organism. It requires you to give it a large portion of your time and effort in order for it to grow and flourish.
Franchise Buyers from Hell
I ran a franchise company for many years, a car wash franchise, and we use to get the most ridiculous franchise buyers who thought they wanted a franchise. It seems we had to deal with these Kookoo birds because they have consumer rights and the Federal Trade Commission, which looks over franchising goes out of their way to let these consumers get away with these tall tales.
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