Certainly, the best business ideas are those that are based on your own recreational activities. It is surely nice to enjoy your form of recreation and maintain a business at the same time. If you are truly passionate about your recreational activity, you surely would find it easier to gain passion for your business. Thus, pursuing a recreation now is more than just a source of entertainment and relaxation.Many of the greatest business ideas have...more
Choosing better apparel for your company or career is a vital investment in your own future. When you look good, your performance is increased if you are a career minded man or woman; your clients will notice high quality company garments if you are a business or company owner. When you design your own business wear, you are making a decision to increase your exposure and make a positive statement. What is your statement saying about you and your...more
Well let's get straight to it. There are only five ways to grow any business and business owners, as a minimum, should create Key Performance Indicators around these five components. The fabulous five are: Number of Leads - Get more customers coming through the doors Conversion Rate - Convert more enquiries into sales Transactions - Increase the frequency a customer purchases Average Sale Per Customer - Increase the average sale per customer Margin - Increase the profit margin per sale Number of Leads. The total number of potential buyers you contacted or that contacted you last year. Also known as prospects, enquiries or “potentials”. Most business people confuse responses, or the number of potential buyers, with results. Just because the phone is ringing doesn't mean the cash register is. What is even more amazing is very few businesses even know how many leads they get each week, let alone how many from each and every marketing campaign. It's great to get lots of leads, but then you've got to convert them to sales. Conversion Rate. The percentage of people who did buy, versus those who could have bought. For example, if you had 10 people walk...more
If you're in business, you want the keys to business success. Whatever your industry, whether you're a coach, trainer, financial advisor, beauty consultant, graphic designer, human resource specialist, in fact a service provider in any niche, you are looking for ways to attract new clients, earn more income and enjoy more freedom from your...more
There is a long list of details anyone managing a golf tournament must compile and review. Based on my experience, here are the top five things golf tournament organizers should do: 1. Walk the Course If possible, play the course, but not only play it, walk through what will happen from the time the players drive into the parking lot. There should...more
If you are high school senior or a college student you most definitely should have your attention on your financial condition. If you don't instead of majoring in your field of choice you will be majoring in college debt. Federal student loans are offered to most students entering college. Many students would not be able to attend their Chosen College or University if it were not for College Loans. For that reason so many students get into large amounts of debt and have problems with student loan repayment after graduation. 1. Student Loans are YOUR responsibility Often Students are so desperate to attend college they sign their lives away not knowing the loans will have to be paid back by YOU. 2. The Difference between Student Loans Subsidized loans are not due until 6 months after the last day you attend school. The government pays the interest while you are in school. Unsubsidized loans are due when the loan monies are disbursed. Payments on the Principal can be deferred until graduation however the interest accrues from the day the funds are released. The interest can be deffered also, however keep in mind that the interest can be capitalized meaning it can be added tot he...more
In this age of social networking and web 2.0 communication, information travels much faster than it ever did. This is all good, when it's used for good purposes. Things change, however, when negative information about your business spreads like a...more
If you want to have your own business you should follow a few important tips. Don't start a new business without a business plan. This is one of the most common mistakes. Without a good plan it's impossible to create a successful business.Remember...more
In the tough times today, it is getting more competitive in the world of business. Recession and stiff competition pushes companies to perform at their optimal level in order to succeed. Recession has caused many consumers to tighten their wallets...more
Business people often find themselves crushed with their hectic schedules so much so that taking out time to update themselves on the latest technologies or equipments become almost impossible. However, with the advent of The World Wide Web, things...more
When you are in need of some extra money there are some methods that you can employ and set your sights on. One in particular is called cash gifting.Cash gifting is a new money making idea that is sweeping the Internet. Just as it sounds, cash...more
As business owners, our tax filings are a lot more complicated. It is to our advantage, however, to go through the extra effort, because tax laws are written for the benefit of the business owner. If we look at the root of why this is, we will...more