Archives for August 2013

Small Business Owners: Ignore Financial Planning at Your Own Risk

Ignore credit history at your own risk
If the Great Recession of 2008 has taught one thing to individuals and small business owners it is to keep their financial house in order, including credit history, debt and savings. Many business owners with low credit score found it impossible to get a loan at the height of recession. Even those with good credit history had trouble convincing lenders that they had the wherewithal to pay back the loan. Many people realized the importance of financial planning in that time.

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Warning: You may Run into Trouble without Proper Record Keeping

Importance of record keeping
In a small business it is easy to forget the importance of maintaining accurate records. These records need to be kept far longer than the time they are active. Even after an order is completed and fulfilled or, in the case of a purchase from a vendor, after you have received and fully paid for the merchandise and service, all records will need to be maintained. The typical rule of thumb is 7 years, however there are certain regulations that may increase or decrease that period. In some professions you are required maintain the records indefinitely.

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Small Business Branding for Beginners

Small business branding for beginners
Small business owners may not have the resources to compete with big brand names such as Nike or Coca Cola, but that doesn’t mean that branding is not important to your business. Building a brand is a vital part of marketing your services. Building commercial awareness of your company is essential to growth.

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Health Club Management: How to Use Software for Better Business

Health club
Fitness is a fad for some, but definitely not for health club managers, those who ensure the club is running optimally and all goers are satisfied.  Personality and club ambiance are two necessities of a successful club, but how can managers facilitate better advocates, making for an improved ambiance for present and future goers?

The club is a physical place, but that doesn’t mean managers can’t use cyberspace and digital solutions to the club’s advantage.  Consider the following benefits made available to managers.

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How to Get Quality Legal Advice without Too Much Hassle

How to get quality legal advice without too much hassle
When it comes to dealing with lawyers, small business owners have love-hate feeling. They understand the importance and need for legal services. At the same time, they also get frustrated by the amount of time they have to spend on it as well as dealing with fine nuances of legal process. For many, the cost of legal services is just too high. No wonder many small business owners like to avoid the subject of legal services altogether.

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Education Foundation of Joelle Wyser-Pratte

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Education foundation of Joelle Wyser-Pratte
Charitable foundations such as the one started by Joelle Wyser-Pratte are helping address the challenge of educating world’s poor. “Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.” This powerful proverb that has taught generations the power of education is still true – probably more so today when the world economy is moving from labor oriented tasks to cerebral tasks. Millions of people in developing nations, such as India and China, have come out of poverty by educating themselves and moving up the rungs of economic ladder. Not only can education help you realize personal dreams, but it can also solve many of the world’s pressing problems such as terrorism, war and other social malice.

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A Sea of Paper: Is It Time for a Document Management Service?

Is it time for document management service
Organizations will need a way to manage their documents as long as they use paper and electronic documents. In recent years, high-tech management systems have replaced the tedious process of delivering, storing and retrieving documents, cutting time and expenses by more than 50 percent. While there are various systems for document management in the market, most of them offer similar benefits.

But how do you know it’s time to invest in a document management service? Generally, businesses that utilize a lot of paper are the ones that most need this service. These types of businesses include financial services, real estate agents, architects, engineers, logistics and transport companies, manufacturing companies, and legal firms.

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Tips on Starting a Food Kiosk Business

Tips on Starting up a Food Kiosk Business
If you walk into your local shopping centre, you will see exactly the same things as you would in any other shopping centre in the country – a number of large, brand name stores; some smaller, independently run shops; a sprawling food court stuffed to the brim with fast food restaurants.

Unfortunately, with the current state of the economy, many of the larger retailers have been finding themselves strapped for cash, with many of them (HMV, GameStation, Woolworths and the like) either going bust completely or going into administration.

There is, however, an upside to this troubling situation – small businesses are coming back into fashion, experiencing their own renaissance and flourishing. Food carts are doing well and food kiosks are really taking off. Take advantage of this boom as soon as you can; here’s how to do it.

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Joelle O’Reilly-Hyland’s Focus on Girl Education Charity

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Joelle Oreilly-Hyland focus on charity
Small business owners can benefit by getting involved in the community in which they operate. Giving back to the community is not only the right thing to do, but it also pays you back in terms of brand recognition and higher sales. The community involvement can happen in various forms. You can sponsor the Little League softball team in your city or participate in fund raising for the high school football team. The community involvement doesn’t have to be limited to local community. With the rise of globalization the world has become smaller and as a result the community you participate in has become global. Joelle O’Reilly-Hyland has started one such global foundation to help educate the girls.

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First Impressions Matter – Importance of Immaculate Washroom Services

Importance of immaculate washrooms
According to Andy Warhol, “An artist is somebody who produces things that people don’t need to have.”

You can also argue that art is an attempt to bring order out of chaos – and when it comes to your business’ washroom services, this statement can occasionally ring true.

Keeping your company’s washroom’s clean is an art, and the need for immaculate and well equipped toilet facilities should be top of any business owners list.

Why?

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