Business cards with no personal guarantee means you can acquire a business card without needing to undergo the approval process required to acquire a credit card. This type of card is essential when you are getting started as you do not have corporate credit to apply for a traditional card. A business that is just getting started doesnt have any financial backing to show lenders that they can easily pay for the credit card and that they wont...more
Many business owners sometimes find themselves making the same advertising mistakes again and again. As with every aspect of business operations, advertising has it's own set of do's and don'ts. Realizing that many of the issues require only common sense to get the desired results, here are some often times overlooked don'ts you will want to remember when advertising.Hard sell techniques is a major don't. This method of selling leaves the...more
My last two articles talked about some of the strategies needed for PPM to be effective. In this article, I'd like to discuss the third strategy: contribute to a positive cash flow.1.Be aligned with the firm's strategy and goals2.Be consistent with the firm's values and culture3.Contribute (directly or indirectly) to a positive cash flow for the enterprise.4.Effectively use the firm's resources - both people and resources5.Not only provide for current contributions to the firm's health but must help to position the firm for future success.Contribute (Directly or Indirectly) to a Positive Cash Flow for the EnterpriseIn finance, there's a term called Net Present Value or NPV that is often used to determine whether or not a project will be profitable. NPV is defined as "the present value of a project or an investment decision determined by summing the discounted incoming and outgoing future cash flows resulting from the decision." In other words, take all of the revenues and costs of the project and assign a dollar value in today's market. Wikipedia gives a good example of how it works: Let's suppose that a corporation must decide whether to introduce a new product line. The new...more
Starting a small business nowadays is the leading trend for people looking for sources of income. Not only does it provide income, but a business improves the life of the owner as well. A good business has the capability of giving good income that can lead to a good source of living in this very competitive world. However, establishing a business...more
Your restaurant operations numbers, your financials, your marketing, even measure your customer/guest experience" measure everything so you know how you rate. Quantify it so you can constantly work on and improve it and your profitability.Don"t forget the basics. Don"t forget what made you successful.Together with the marketing, you need to...more
It's not enough to just think about raising capital and generating revenue in your business - it is just as important to think about managing your cash flow. And during tough economic times, or a recession, one of the tactics that can help small businesses is called factoring.Just what does managing your cash flow mean? Basically this means that you need to spend the time to figure out how to manage your money and how it's spent. You want to get the biggest return on investment for the time and money that you spend for your business.The recent economic downturn has caused many businesses to cut back in the area of spending altogether. But it has been proven that investments such as marketing, when done right, will generate more business for your company. You cannotgenerate the cash flow required to grow your business if you do not have the funds for marketing from your clients. This is known as managing your cash flow towards profitability.Did you know that an age old strategy called accounts receivable factoring, or invoice factoring, can help your business and its cash flow? In order to grow your business, factoring invoices that are 30-60 or 90 days out will help you get these...more
"My Online Business Strategy" is a home-based business that has the potential to bring in huge income through online interaction. This system, designed by online business guru Gary Gregory is making waves on the Internet for its innovative system. It...more
Many an adult projects are now also being directed towards the developing nations where most of the adult services firms have opened up their outsourced wings. These wings are idea for clients who want quality work at affordable prices.You Need Adult...more
It does not make a difference if you've the very best selling item or a Link Liberation Bonus that is designed much better than all the rest. In case you aren't creative and do not use it in promoting your Link Liberation Bonus, then your enterprise...more
Therefore, with the help of these loans the monetary complexity will be effectively sorted out on time without any tedious formalities.Same day loans: Same day cash support for emergencies By: Farah Nick About the Author Farah...more
Building a website is not a game. Even a well experienced techno grants find difficulty while working on it. So for people like us who barely know anything about HTML, building a website is next to impossible so at the end we leave this task to...more
Monavie is a company that was introduced in January of 2005. They develop and market nutritional products that they say have been scientifically formulated. The main ingredient in the Monavie product line is the Acai Berry. This fruit is found in...more