 Category :: Small Business Articles |
Author :: Peter Viliamu  |
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| Article Title :: Family Business and Conflicts |
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| What is a Family Business?
A family business is basically any business in which the majority of the ownership or control lies within a family. Involvement of members of family in a business can bring with it its own complexities because the line between the business system is sometimes separated by a thin line from the family system. Sometimes these 2 positions overlap causing all sorts of conflicts.Families involve emotion with includes relationships that carry with it loyalties and natural love whereas a business system is unemotional and coldly designed to extract the highest profit from that venture.Styles that are necessary in a family situation may not alway (read full article) |
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| Category :: Small Business Articles |
Author :: Peter Viliamu |
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| Article Title :: Personal Success - Take a Break from Business |
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| Have Some Time to Yourself
One of the most important things you can have when running a successful business, is to have time for yourself. Every small business owner needs to make time to be quiet.The following facts apply in every small business:
You will always have deadlines to meet.No business is perfect.No business owner is perfect.You will always have disgruntled staff to deal with.You will always have customers who are unhappy, due to one thing or another.You will always order too much or too little stock.You will always find that the supplier sends you t (read full article) |
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| Category :: Small Business Articles |
Author :: Peter Viliamu |
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| Article Title :: Questions to Ask as Your Business Grows |
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| Here are some of the questions that you need to ask yourself regarding various areas of the business before you start your growth push.
Are you clear on the goals of your business? Are your managers and other staff also up to date with these goals? Does your accountant or other adviser know what you are planning? Have you developed a business plan which brings into play the whole area of growth, which includes the resources that will be required of it? Have you assessed the performance of your marketing and advertising sections and if so, are these adequate? Have you put in strategies to get rep (read full article) |
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| Category :: Small Business Articles |
Author :: Greg Roworth |
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| Article Title :: Winning in Business - Lessons from Lance Armstrong |
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| Lance Armstrong this week won an unprecedented 7th Tour de France victory, confirming him as one of the greatest cyclists of all time. The fact that he won more Tour victories than anyone else in history is remarkable. But more incredible is that had to overcome life threatening cancer to dominate the Tour de France like no other athlete has ever done. From the Lance Armstrong story, there are many lessons we aspiring business champions can learn.What are you capable of?In beating cancer, Armstrong discovered within himself a depth of capability that he realised he had not been using. After recovery he was more aware of that capability and set himself a much greater chall (read full article) |
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| Category :: Small Business Articles |
Author :: Richard Jackim |
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| Article Title :: The Advisory Board: A Business Owner's Most Valuable Resource |
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| As a company grows, the owner’s role begins to change. More and more of the owner’s time is spent “in the shop or in the field” handling day-to-day operations rather than focusing on high-level planning and strategic issues.As a result, a company often reaches a plateau and finds it difficult to continue growing. This may be the time for the business owner to consider creating an outside board of advisors.Owners that do not use a functioning outside board of advisors are missing out on a tremendous opportunity to improve the management and profitability of their company. An outside board can provide business owners with valuable advice from individuals with years of (read full article) |
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| Category :: Small Business Articles |
Author :: Roy DeBrule |
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| Article Title :: Business Owner--Educate Thyself! |
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| Remember the training programs, seminars, and workshops you had to attend when you were on the corporate side of the table? You were expected to complete course after course for professional development and skill enhancement. Well, where do you get your training now that you are on your own? Do you learn from your clients? Are they the best teachers? What about your competitors?Here are six ways to educate yourself and keep your professional edge:
Learn from your clients. Discover what they are doing or not doing to keep up with the changing marketplace. Ask them to share what makes them unique or industry leaders.Join trade associati (read full article) |
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| Category :: Small Business Articles |
Author :: Richard Jackim |
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| Article Title :: Predicting Business Retirement Satisfaction for Business Owners |
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| Most business owners do not think of selling their companies as "retiring". Instead, these vital entrepreneurs see selling their business as a "transition." For most business owners this does not mean slowing down or endless days of rest and relaxation. Rather they see “retirement” as a new, active stage in their lives characterized by continued personal growth, personal reinvention and new beginnings in work and leisure.A recent survey conducted by Harris Interactive revealed that an entirely new paradigm for retirement is emerging. The good news is that many people are experiencing long, fulfilling and exciting retirements. The bad news is that many business owners will n (read full article) |
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| Category :: Small Business Articles |
Author :: Roy DeBrule |
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| Article Title :: Success & The Nature of Things |
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| The story is told of a tiger chasing some goats to catch one for dinner. During the chase the tiger is injured and as she is dying, gives birth to a tiger cub. The goats had never seen a baby tiger before, so they stopped running to watch and decided to make the motherless cub a member of the goat herd.As the cub grew, he couldn’t quite get the hang of being a goat. He didn’t have the right teeth for chewing grass, and he liked to sleep in the trees. This made the goats jealous (because everyone knows that a goat cannot climb trees).One day, another tiger found the herd and tried to catch a goat for dinner. He happened to see the young tiger, cowering in the brush wi (read full article) |
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| Category :: Small Business Articles |
Author :: Michelle Dunn |
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| Article Title :: How to Write a Credit Policy for Your Business |
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| The book, “Become the Squeaky Wheel,” by New Hampshire author Michelle Dunn, says the different ways people use and extend credit makes or breaks your credit policy and bottom line, which could result in less or more sales and money for your business.“Business owners all have different types of businesses but can all extend credit,” explains Michelle Dunn. “So it should only make sense that no two credit polices can be the same.”Dunn explains that one major difference is if you have a service or retail business. Your credit policy should use multiple facets to cater to prospective customers but also protect the business owner.“You are limited in what (read full article) |
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| Category :: Small Business Articles |
Author :: Arvind Kumar |
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| Article Title :: Sex Up Your Business Growth |
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| A top executive called up me late in the night. He was still awake at 3 o’clock. He told me that he has not been sleeping for last 3 nights. Problem at his working place is working it effect on his marital life with wife. Although problem in professional life was manageable to some extent. But the bottom line was heading towards south. He was always busy in solving problems to the extent of guilty of ignoring the happening in market. He wanted help in solving problem.What could be the solution of his problem? Is there a permanent solution to any business situation? Chemistry of business is a fast changing genes very different from human being. There could not be any fix solution (read full article) |
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