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Other Added - 3 Strategies to Minimize Stress When You're the Boss
Costs of Creating a Limited Liability Corporation inment and write them in terms of results. Write down what you have to do to meet your goals. (For example: Use PostIt(TM) Notes to list each step of how your work flows, starting with getting prospects and ending with getting paid. What paperwork do you have to generate? How many sales calls have to be made? What are your production quotas? What controls are needed? Etc.)Limited Liability Corporations are a non-corporate form of business in which the owners actively take part in the management. They are protected against personal liability in case of organizational debts and obligations.Individual state law governs the creation of any LLC. Members are required to file documents with the Secretary of State. Many states require the filing of articles of organ 2. Let your people know (in writing) what is expecte A Cleaner Way To Make Money Recently, while visiting a friend's office, he began to tell me his business was a mess. It wasn't fun anymore. "The problem with this business," he said, "is that the manager (ME) is the worst person for the job. I have no training in management. My partner just wants to come to work, do his job and leave the management chores to me. Frankly, I don't have any great desire to be the boss, either. Personnel problems, cash problems, meeting sales quotas – I do it all. It's everyday and it's a drag."Are you looking to supplement your income? Looking for a new way to make money? Want to start your own business? You can start earning money almost straight away with a cleaning job and gradually build your business until you have a team of contractors working for you pulling in profits.Cleaning houses is becoming a very lucrative occupation with very little cash outlay and is a great way t Sound familiar? You have a lot of company. In every business, however, "somebody" has to be the boss. You may not have the training, the desire or the patience but you have the job. Is there any way to make it less painful? YES! First recognize that every business is in two businesses. You do what you do -- plumb, build, sell, manufacture, etc. -- that's your first business. Your customers ultimately decide how well you practice this business by the sales they give you. If you serve their needs, you continue to get their support. If you don’t give them what they want, they won’t support you, you won't long have a business to worry about. Your second business is the business of staying in business. You may be great at what you do, but if you fail to run your business properly, you can run yourself out of business -- FAST. This is my friend's problem. He feels overwhelmed by "being in business." Being in business, though, doesn't have to be a stressful and draining. Here are three strategies you can use to help you be a better manager of your business: 1. Start by thinking through why you are in business. If you haven’t already, write down your clear business goals with a deadline for their attainment and write them in terms of results. Write down what you have to do to meet your goals. (For example: Use PostIt(TM) Notes to list each step of how your work flows, starting with getting prospects and ending with getting paid. What paperwork do you have to generate? How many sales calls have to be made? What are your production quotas? What controls are needed? Etc.) 2. Let your people know (in writing) what is expected How to Think Outside the Box by Looking AT the Box eeting sales quotas – I do it all. It's everyday and it's a drag."Nobody notices normal. I learned that early in life when I discovered my secret calling to be a class clown. I quickly learned that the key to being funny is in saying what people don’t expect you to say - taking assumptions and shattering them. It’s not about fitting in. It’s about getting noticed. When you are different people remember you. It’s something that has been proven true throughout my Sound familiar? You have a lot of company. In every business, however, "somebody" has to be the boss. You may not have the training, the desire or the patience but you have the job. Is there any way to make it less painful? YES! First recognize that every business is in two businesses. You do what you do -- plumb, build, sell, manufacture, etc. -- that's your first business. Your customers ultimately decide how well you practice this business by the sales they give you. If you serve their needs, you continue to get their support. If you don’t give them what they want, they won’t support you, you won't long have a business to worry about. Your second business is the business of staying in business. You may be great at what you do, but if you fail to run your business properly, you can run yourself out of business -- FAST. This is my friend's problem. He feels overwhelmed by "being in business." Being in business, though, doesn't have to be a stressful and draining. Here are three strategies you can use to help you be a better manager of your business: 1. Start by thinking through why you are in business. If you haven’t already, write down your clear business goals with a deadline for their attainment and write them in terms of results. Write down what you have to do to meet your goals. (For example: Use PostIt(TM) Notes to list each step of how your work flows, starting with getting prospects and ending with getting paid. What paperwork do you have to generate? How many sales calls have to be made? What are your production quotas? What controls are needed? Etc.) 2. Let your people know (in writing) what is expecte How to Leverage Your Expertise with Tips Booklets your first business. Your customers ultimately decide how well you practice this business by the sales they give you. If you serve their needs, you continue to get their support. If you don’t give them what they want, they won’t support you, you won't long have a business to worry about.I first heard of tips sheets and tips booklets from the author of Making a Living Without a Job, Barbara Winter, a completely delightful writer and entrepreneur who aspires to have everyone create an inspired business. I then attended several teleclasses by the woman I consider to be the tips booklet queen, Paulette Ensign, where I fully understood the idea of how a tips booklet could help you le Your second business is the business of staying in business. You may be great at what you do, but if you fail to run your business properly, you can run yourself out of business -- FAST. This is my friend's problem. He feels overwhelmed by "being in business." Being in business, though, doesn't have to be a stressful and draining. Here are three strategies you can use to help you be a better manager of your business: 1. Start by thinking through why you are in business. If you haven’t already, write down your clear business goals with a deadline for their attainment and write them in terms of results. Write down what you have to do to meet your goals. (For example: Use PostIt(TM) Notes to list each step of how your work flows, starting with getting prospects and ending with getting paid. What paperwork do you have to generate? How many sales calls have to be made? What are your production quotas? What controls are needed? Etc.) 2. Let your people know (in writing) what is expecte SFI: Home Business Reality you can run yourself out of business -- FAST. This is my friend's problem. He feels overwhelmed by "being in business."The reality of home business ifs that not everyone makes it. In fact I knew from my research that 95% are bound to fail. I decided I was going to look for something free. I didn’t want to waste my money if the statistics showed that more than likely I would fail. I found SFI it was free to join so I signed up.When I joined SFI and started as a free member I was skeptical about the realit Being in business, though, doesn't have to be a stressful and draining. Here are three strategies you can use to help you be a better manager of your business: 1. Start by thinking through why you are in business. If you haven’t already, write down your clear business goals with a deadline for their attainment and write them in terms of results. Write down what you have to do to meet your goals. (For example: Use PostIt(TM) Notes to list each step of how your work flows, starting with getting prospects and ending with getting paid. What paperwork do you have to generate? How many sales calls have to be made? What are your production quotas? What controls are needed? Etc.) 2. Let your people know (in writing) what is expecte Why Bother With Distributed Leadership? inment and write them in terms of results. Write down what you have to do to meet your goals. (For example: Use PostIt(TM) Notes to list each step of how your work flows, starting with getting prospects and ending with getting paid. What paperwork do you have to generate? How many sales calls have to be made? What are your production quotas? What controls are needed? Etc.)I'm an alumni of Boston University Graduate School of Management, so I receive the Alumni magazine Bostonia. To be honest, that doesn't mean I read it faithfully at all. But this issue was different. George Labovitz, a professor in organizational behavior at the school wrote an article recently on his research into the application of alignment to achieve extraordinary results in organizations. 2. Let your people know (in writing) what is expected of them in terms of results and deadlines. Agree with your partner, if you have one, what you can expect from one another. Don't leave any gaps in your expectations. Measure every action and person in the business against those goals. Do not tolerate any action inconsistent with the goals. 3. In terms of day-to-day management skills, rely on good old common sense. If an action doesn't meet a common sense test, it is probably bad management theory, as well. Always keep in mind that when the work flow flows and your policies and procedures are working and when people know what they are supposed to do and are allowed to do it, there is very little need for additional management. You will still need to be the manager -- when things don't work. But if your company's goals are clearly stated, and everybody is pulling in one direction, that won't happen often. And isn't that the kind of management you for that matter, can live with. Copyright 2006 John J Reddish
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