 Category :: Management Articles |
Author :: Lance Winslow  |
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| Article Title :: Business Management; Mini-Marketing Strategic Planning Exercise for a Mobile Oil Change Business |
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| Business management teams need to consider very carefully whether to open an additional outlet in an outskirts market. Building brand and making money is important and therefore you need to look at all options, possibilities and areas. When they review areas they need to be thinking on many issues; from demographics to seasonality. Small Business owners also need to do the same thing when planning their businesses.Now then in this case analysis we will be looking at a Mobile Oil Change Business to be operated in Lake Havasu City, AZ. This city is small in total population, but is growing and it is located in the desert between AZ and CA along the Colorado River. Well then should th (read full article) |
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| Category :: Management Articles |
Author :: Mike Myatt |
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| Article Title :: The Power of Focus |
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| I am frequently asked what it takes to increase productivity and to catalyze change within an organization. My answer is simple…Become very, very focused. Focus has always been a characteristic that has served me well. In my life focus results in aligned priorities, order, discipline and productivity. Those things in turn result in balance and happiness. That sounds simple enough doesn’t it? Then why is it so hard for executives and entrepreneurs to stay focused? There are two primary reasons that professionals cannot maintain their focus:1. Successful people tend to be energetic, creative, intelligent and have bias toward action. That combination of personality traits combined (read full article) |
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| Category :: Management Articles |
Author :: George F Franks III |
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| Article Title :: Steps to International Business Success |
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| There is a lot of talk today about being “global”. What does global mean? A person of the world? Every country is as different. So is every locality and city or town. The skills a business person needs to be successful in international business go beyond being global. While not comprehensive, this list based on over a dozen years of international business experience should help.TravelFor the international business person, travel is a way of life. Long distance air travel can be especially brutal. The best advice is to arrive one day before any important meetings or conferences to adjust to any time difference. In the air, eat, sleep, work and read but do all in (read full article) |
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| Category :: Management Articles |
Author :: Jo Ann Joy |
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| Article Title :: Decision-Making and Risk Analysis |
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| A graduate level class in managerial decision making teaches a process for making decisions and analyzing risks. The process uses typical inputs and outputs in an organiation such as materials, information, employees, new products, and resource allocation.The process does two things. First, it provides a logical way to analyze information and integrates diverse tasks and work processes. Secondly, the process analyzes management behavior and links a variety of activities and concludes with a coherent and orderly view of management.The variety of work activities are considered as processes starting with organizational processes. Organizational processes are divided into th (read full article) |
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| Category :: Management Articles |
Author :: Barney Garcia - |
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| Article Title :: Appraisals: Evaluating Procedures |
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| An appraisal is an official document given by an appraiser that estimates the replacement value and quality of an item. An appraiser makes a report after examination and detailed analysis of the property.
Types of Appraisals
Drive by Appraisals: This is an abbreviated appraisal that requires less data and inspection by the appraiser. The data is generally collected verbally or from records.
Professional Appraisals: Appraisals for personal property like estate tax, donation, sale of insurance, damage claims and equitable distribution.
Sustainability Appraisals: They are essential for national legislation that includes environmental, social a (read full article) |
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| Category :: Management Articles |
Author :: Josh Riverside |
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| Article Title :: Enterprise Asset Management |
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| Any business has physical resources, such as machines, buildings, equipment and facilities to run its operations. These fundamental resources are also called enterprise assets. Organizing these assets in an orderly and systematic manner to produce an integrated unit is called enterprise asset management.In your business, enterprise asset management is very important to achieve greater profit and success. Your factory or plant must be able to maintain an appropriate temperature and an uninterrupted supply of electricity. The machines that manufacture your products must be reliable and functioning well. Your computers must store all records and remain online. Your telecommunication d (read full article) |
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| Category :: Management Articles |
Author :: Jeanne Sawyer |
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| Article Title :: Problem-Solving Success Tip: Plan for Things to Go Wrong |
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| Plan for things to go wrong.We’ve heard it before, and it’s still true: if something can go wrong, it will. Figure out ahead of time where your problem solving effort is vulnerable and develop appropriate contingency plans. Start on this as soon as you begin the problem-solving effort, making it a normal part of defining a problem.Vulnerabilities are all the things that could prevent your problem-solving project from succeeding. Typical vulnerabilities include changing priorities, inadequate resources (people, money, time), staff turnover, key players unable or unwilling to participate, other projects not getting completed on time, etc. Of course, the list (read full article) |
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| Category :: Management Articles |
Author :: Lance Winslow |
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| Article Title :: Business Case Study; Oil Change Business and Coffee Shop Combo Business Model |
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| Does oil and coffee mix? Well it certainly does for one small business in Needles, CA. They have a successful business now in a rather run-down and in economic decline town. Needles although in California is not doing to well these days, worse off in summer it can reach 117 degrees out their in the middle of no-where desert.Additionally there is not a lot of business to be had besides the I-40 traffic getting off the freeway for a quick bite to eat or traveling thru their town to go to the Casinos in Laughlin or near by Bull Head City, which has recreation areas and good economic growth.How can some businesses do so well in such run-down areas? Well this discussion came up r (read full article) |
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| Category :: Management Articles |
Author :: Lance Winslow |
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| Article Title :: Business Management Case Study; $25.00 Mobile Oil Changes; is it a Viable Business? |
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| If you started a mobile oil change business could you charge $25.00? Would people pay that price for services? Would people forgo the low prices at Wal-Mart of $12.99 for the added convenience of you doing such a service at their homes or offices? Recently this question came up with a gentleman who wished to start an a mobile oil change business in a town which did not have a Super Wal-Mart (only Super Wal-Marts) change oil, regular ones do not have those auto services.The gentleman was getting ready to launch a small mobile oil change business and he stated: “I think people would be willing to pay $25.00 for a simple oil change if you came to them. Then include wipers, air filte (read full article) |
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| Category :: Management Articles |
Author :: Lance Winslow |
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| Article Title :: Business Management Case Study; Mobile Auto Motive Services and Hot Summer Heat |
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| Starting and owning your own business can be literally be a dream come true for most new entrepreneurs, unfortunately it can turn into the biggest nightmare in the world too, as over regulation, labor issues and cash flow dilemmas from time to time. Indeed those are some of the most common problems that small businesses face in America. Of course there are other issues as well and often, new entrants into business do not consider them, yet find out that they can be over bearing.Let us look at a case study shall we? A new entrepreneur wishes to start a mobile oil change business. He lines up all the supplies, waste oil removal vendors, trains employees, markets to customers and off (read full article) |
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