In our current business environment, we are surrounded by downsizing, acquisitions and consolidation. Companies are concentrating on cutting costs. One result of downsizing is the loss of intellectual capital that was built for years. The knowledge that terminated employees take with them may erode competitive advantage. The decision to cut jobs is more than an economic or human resource issue. It is a strategic one. Identification of work...more
When it comes to deciding where to buy land for sale, Arkansas probably isn't the first place that comes to mind. However, there are a number of reasons why you should buy land in what Arkansans call The Natural State. Here are seven:1. The property is undervalued. Experts agree that the pricing of land for sale in Arkansas is about two decades behind other parts of the country. In other words, you can get much more land for your money. In fact,...more
Do you have a business line of credit set up and ready to use if you need it? If so, great! If not, why not? All businesses should have a line of credit in place, just in case. If you are one of many with the mistaken belief that you dont need a loan right now, so a line of credit isn't necessary, you are one of many of those mistaken people that find themselves in a financial tough spot in tighter times. A line of credit is not a loan, per se. It is money that is available to you if and when you need it. Its money you will know is there just in case, but dont have to worry about the rest of the time. Here are some of the reasons that a line of credit may come in handy: Lease and Salary in an Off Month Not all months are perfect profit months, are they? If you have one month where things are a little more lean than you would like them to be, you can draw on a line of credit to get through that time to the better days ahead. Inventory Purchases Every now and then you will come upon a deal that's too good to pass up for some of your inventory items. If you dont have access to the money to take advantage of the deal, your competition may get the jump on you. A line of...more
Author: Michael AtmaCopyright (c) 2010 Michael AtmaThe first reason is by far the most important, the fact is that many businesses run into financial and operational funding issues due to lack of proper accounting practices. A business accountant can help to alleviate these issues long before they even begin, which is why they play such an...more
Organising a corporate function can be a stressful ordeal. In general, the 2 most challenging components are selecting a venue and sticking to a budget. For the "amateur" function planner, holding a function at a bar or nightclub is generally an easier option then a dedicated function hall.Here are a few reasons why a bar or nightclubs function...more
Before you order business checks online, there are a few decisions you need to make. Since you are purchasing financial forms for your business, you have to decide how they will fit into your overall business strategy.What I mean by this is that your documents are a reflection of your business. They reflect your professionalism, and so you want to make sure you choose the right ones for your business.Because certain types of documents perform certain functions, you want to make sure your choice is exactly right for you.When you order business checks online, this will also allow you to save a lot of money. Printers that offer online services save on overhead and can pass the savings along to you.Here is a list of questions to ask yourself before placing your first order:1. Should I buy laser or manual checks?Laser forms are created to be used in your printer whereas manual forms are completed with an ink pen. If you don't write many checks, then you may want to consider these.2. Will I be doing payroll checks?If you don't have any employees, then you can skip this question. If you do have employees, then you may also need to use these documents. This may also include an online...more
Who doesn't want to be successful in business? I don't know one person who wakes up and claims "I want to fail today". So why do many businesses or business systems fail? Whether you are an entrepreneur, an executive, a small business owner or an...more
Copyright (c) 2010 Jim EdwardsI wrote my first article for The Virginia Gazette in 1998. Back then, the Web was a giant unknown. Over 12 years later, it's still a BIG mystery for most local business owners! With the advent of Facebook,...more
Developing a website that works and converting them into customers requires repeat visits. In other words it is not just about getting traffic. But giving them a reason to return to your website. You need to build a connection with your visitors. The...more
Back in my Corporate and Federal Government days, I was all about excellence - reading all the latest business books and quickly gaining a reputation as the person you went to if you wanted results.It was a simpler time: do your job well, anticipate...more
Unrealistic expectations. Grow your business a little at a time, and you'll be on the steady path to success.7 Most Common Behaviors That Derail Your Import Export Business By: Gen Wright About the Author If you are looking to...more
Many business owners are still fearful of forming a joint venture. They have so much to attend to with their own business dealings, and certainly a joint venture success is never guaranteed.However, isn't business all about taking and controlling...more