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  • Other Added - Ladies, Is Your Never Ending To-Do-List Costing Your Small Business Money?

    Strategic Organizational Learning
    The cost of training in North American companies exceeds $60 billion per year. Try to visualize that. Picture a stack of 1,000,000 $1 bills. Now try to picture 60,000 of those stacks. Amazed? Then consider this fact: estimates of training costs worldwide approach a quarter of a trillion dollars ($250,000,000,000) when indirect costs and opportunity costs are included. Do you find those numbers as difficult to comprehend as I do?Understandably, senior executives are concerned about the ROI (return on investment
    in your area. Google “groceries on-line” and see what you come up with for your local area.

    Growing your business with local colleges or universities-- If you need to decrease the items on that to-do-list, consider recruiting at the local colleges or universities. Many times you can find students that can run errands for you. If your business is discipline specific, consider contacting a professor in that discipline. Ask them if they know of any dynamic students that can use some extra money to work in their field of study. In some cases you can offer a free internship with your small business.

    If your business is not discipline specific, you c

    The Key For Approval: Business Credit Reports
    With this tool, lenders determine the company’s creditworthiness regardless of the credit score of the owner or owners. Moreover, this is an excellent tool for business owners to help them decide whom to associate with when undertaking business projects. When selecting clients that will be granted a credit line, etc. By the use of a business credit report the owner of a company can save himself multiple headaches and his company, great looses.If, for example, a particular business credit report shows an indivi
    Life as an entrepreneur can be chaotic at times. You have meetings, deadlines, pay roll, damage control, and maintaining current customers, while trying to search for new ones. Dare I even begin to list the house hold responsibilities? If you are anything like me, I can waste a couple minutes a day trying to find my favorite pen!

    Let’s face it, many of us have various responsibilities and we have to be honest with ourselves in regards to our ability to perform each necessary task. The cruel reality is your current productivity may only be an illusion. Think about ways to delegate some of the items on your to-do-list.

    The to-do-list continues to grow, but how much is it costing you? Think of the desired salary you would like to make from your business. Please be realistic. Take that salary and divide it by 12 (months). Then take that number and divided it by 4 (weeks) and divide that number by 5 (or days of the week you work in your business). Lastly, take your answer and divide that by the daily number of hours you work in your business. Now you have your desired hourly rate.

    For example, you would like to make $100,000 a year. That equates to $8,333 per month, $2,083.33 a week, $416.66 day (if a 5 day work week), and $52.08 an hour (if 8 hour work day). Of course these are rough numbers, but you get the idea. Based on this example, you can potentially lose $52.08 an hour for each hour you spend on a task that could have been delegated or simplified.

    Here are some solutions I found that have worked me.

    Grocery shopping on-line-- If you have never done it, don’t be afraid. I love it. If you use a commuter train to go to work, you can order your groceries while in route to work. You can order them on your lunch break, waiting in the doctor’s office, your abilities are limitless…unless you don’t have a laptop. I started this because I was spending too much time in the grocery store and by the time I got to the register I had know idea how I spent so much money. Many times I didn’t even have a complete meal in my cart! The truth of the matter is that I am a horrible grocery shopper, but that’s my own issue. The on-line grocery store has a running total to let you know how much you are spending. Not to mention you don’t have to worry about taking the bags to your car. They deliver to your door! If you are a home based business or a fellow single lady, you will definitely appreciate this service.

    Couple of draw backs I have noticed. Sometimes they may not have one or two items and you may find yourself going to the grocery store anyway. Or the unthinkable, they may not offer this service in your area. Google “groceries on-line” and see what you come up with for your local area.

    Growing your business with local colleges or universities-- If you need to decrease the items on that to-do-list, consider recruiting at the local colleges or universities. Many times you can find students that can run errands for you. If your business is discipline specific, consider contacting a professor in that discipline. Ask them if they know of any dynamic students that can use some extra money to work in their field of study. In some cases you can offer a free internship with your small business.

    If your business is not discipline specific, you ca

    Connections at Conventions
    Conventions are like batteries. Unless there is some form of contact or connection, there is no power or energy generated.Five simple secrets differentiate the "power person", who gets the most possible out of the experience. Not only will you become a "power person", but you'll also recognize others who are, and can connect with them as well.First, make sure your name is clearly written on your name bade, preferably with big, dark letters. Wear the name badge on the right side (in the USA), so
    row, but how much is it costing you? Think of the desired salary you would like to make from your business. Please be realistic. Take that salary and divide it by 12 (months). Then take that number and divided it by 4 (weeks) and divide that number by 5 (or days of the week you work in your business). Lastly, take your answer and divide that by the daily number of hours you work in your business. Now you have your desired hourly rate.

    For example, you would like to make $100,000 a year. That equates to $8,333 per month, $2,083.33 a week, $416.66 day (if a 5 day work week), and $52.08 an hour (if 8 hour work day). Of course these are rough numbers, but you get the idea. Based on this example, you can potentially lose $52.08 an hour for each hour you spend on a task that could have been delegated or simplified.

    Here are some solutions I found that have worked me.

    Grocery shopping on-line-- If you have never done it, don’t be afraid. I love it. If you use a commuter train to go to work, you can order your groceries while in route to work. You can order them on your lunch break, waiting in the doctor’s office, your abilities are limitless…unless you don’t have a laptop. I started this because I was spending too much time in the grocery store and by the time I got to the register I had know idea how I spent so much money. Many times I didn’t even have a complete meal in my cart! The truth of the matter is that I am a horrible grocery shopper, but that’s my own issue. The on-line grocery store has a running total to let you know how much you are spending. Not to mention you don’t have to worry about taking the bags to your car. They deliver to your door! If you are a home based business or a fellow single lady, you will definitely appreciate this service.

    Couple of draw backs I have noticed. Sometimes they may not have one or two items and you may find yourself going to the grocery store anyway. Or the unthinkable, they may not offer this service in your area. Google “groceries on-line” and see what you come up with for your local area.

    Growing your business with local colleges or universities-- If you need to decrease the items on that to-do-list, consider recruiting at the local colleges or universities. Many times you can find students that can run errands for you. If your business is discipline specific, consider contacting a professor in that discipline. Ask them if they know of any dynamic students that can use some extra money to work in their field of study. In some cases you can offer a free internship with your small business.

    If your business is not discipline specific, you c

    Medical Billing - Choosing A Billing Method
    If you're a medical billing company, your main point of operation is doing just that, sending out bills for services rendered to the various patients that you represent. And while this may seem like a simple decision to make, deciding what method of billing you're going to use is sometimes not as easy as some people would think. In this installment, we're going to discuss your various choices and what factors are involved in making your decision.First of all, one thing a company has to understand when it com
    ou get the idea. Based on this example, you can potentially lose $52.08 an hour for each hour you spend on a task that could have been delegated or simplified.

    Here are some solutions I found that have worked me.

    Grocery shopping on-line-- If you have never done it, don’t be afraid. I love it. If you use a commuter train to go to work, you can order your groceries while in route to work. You can order them on your lunch break, waiting in the doctor’s office, your abilities are limitless…unless you don’t have a laptop. I started this because I was spending too much time in the grocery store and by the time I got to the register I had know idea how I spent so much money. Many times I didn’t even have a complete meal in my cart! The truth of the matter is that I am a horrible grocery shopper, but that’s my own issue. The on-line grocery store has a running total to let you know how much you are spending. Not to mention you don’t have to worry about taking the bags to your car. They deliver to your door! If you are a home based business or a fellow single lady, you will definitely appreciate this service.

    Couple of draw backs I have noticed. Sometimes they may not have one or two items and you may find yourself going to the grocery store anyway. Or the unthinkable, they may not offer this service in your area. Google “groceries on-line” and see what you come up with for your local area.

    Growing your business with local colleges or universities-- If you need to decrease the items on that to-do-list, consider recruiting at the local colleges or universities. Many times you can find students that can run errands for you. If your business is discipline specific, consider contacting a professor in that discipline. Ask them if they know of any dynamic students that can use some extra money to work in their field of study. In some cases you can offer a free internship with your small business.

    If your business is not discipline specific, you c

    Do You Zig and Zag?
    T. Harv Eker, author of Secrets of the Millionaire Mind, states that the journey to success is full of twists, turns, ups, downs, stops and reverses. You have to "zig zag" your way to success.He is right. Once you understand this fact, you will begin to understand that your own journey to success will be full of adventure and different roads. Roads that you may not have chosen to venture down, but roads that will ultimately lead to your success nonetheless.We are only kidding ourselves if we really beli
    I spent so much money. Many times I didn’t even have a complete meal in my cart! The truth of the matter is that I am a horrible grocery shopper, but that’s my own issue. The on-line grocery store has a running total to let you know how much you are spending. Not to mention you don’t have to worry about taking the bags to your car. They deliver to your door! If you are a home based business or a fellow single lady, you will definitely appreciate this service.

    Couple of draw backs I have noticed. Sometimes they may not have one or two items and you may find yourself going to the grocery store anyway. Or the unthinkable, they may not offer this service in your area. Google “groceries on-line” and see what you come up with for your local area.

    Growing your business with local colleges or universities-- If you need to decrease the items on that to-do-list, consider recruiting at the local colleges or universities. Many times you can find students that can run errands for you. If your business is discipline specific, consider contacting a professor in that discipline. Ask them if they know of any dynamic students that can use some extra money to work in their field of study. In some cases you can offer a free internship with your small business.

    If your business is not discipline specific, you c

    How To Write Meaningful Mission Statements
    Mission statements summarize your company’s philosophy and purpose, and are an integral part of your articles of incorporation and business plan. Powerful mission statements should be less than 100 words in length and ideally focus on your organization’s core competencies—that is, what you do best.While a mission statement is an important part of your overall business plan, its primary purpose is to inform consumers and capital investors of who you are, what you do, and why you do it. Additionally, the mission
    in your area. Google “groceries on-line” and see what you come up with for your local area.

    Growing your business with local colleges or universities-- If you need to decrease the items on that to-do-list, consider recruiting at the local colleges or universities. Many times you can find students that can run errands for you. If your business is discipline specific, consider contacting a professor in that discipline. Ask them if they know of any dynamic students that can use some extra money to work in their field of study. In some cases you can offer a free internship with your small business.

    If your business is not discipline specific, you can put flyers up in the various student "hang out” locations. Clear it with the school first. The great thing about this option is that it is typically very affordable and college students have flexible schedules to meet your demanding to-do-list.

    What if you are limited on funds? You can always consider bartering your services with other small business, friends, or family. Let’s face it, many countries where built on bartering services. Everyone was self employed and if they needed something they would exchange their expertise for the desired service or product. Now we have this concept that you have to buy everything and that is simply not the case. Maybe you can provide an hour of professional advice or a free product in exchange for the ability to cross off one more item on that to-do-list.

    Good Luck!

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