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Small Business Q & A

Wed, 10 Mar 2010 02:27:39 -0600

Q: After years of dreaming about starting my own business, Ifinally took the plunge a little over a year ago. To say theleast, my dream quickly became a nightmare. The business didn'tdo nearly as well as I had hoped. I ran out of money within sixmonths and had to take out a second mortgage on my house just tokeep things going. I have now closed the business and am leftwith a pile of bills that will probably put me in personalbankruptcy. I don't mean to take it out on you, but instead oftelling people how great having your own business is all thetime you should also warn them that starting a business is noteasy and can be devastating when things go wrong. -- Gene K.A: Gene, I hope that I have never given anyone the impressionthat having your own business is a walk in the park. To thecontrary, I'm like the proverbial Chicken Little when it comesto warning readers of the obstacles and pitfalls that awaitthose considering the entrepreneurial plunge. To quote myself from a c...

Masters of Business Administration - MBA Degree - Facts

Tue, 09 Mar 2010 02:21:07 -0600

Masters of Business Administration represents a tertiary degreein business management. The MBA degree is the best known degreeworldwide and most widely recognized post-graduate degree. Itwas originally created to help engineers acquire managementskills, but nowadays MBA degrees focus on a broad range ofsubjects.The MBA degree is usually regarded as a professional degree aswell as an academic or traditional Masters' degree. MBA degreesare usually offered by management or business schools. The MBAdegree is relevant and valuable to those working in the businessfield - as it is traditionally regarded - and also to thoseacting in the public sector and governments. HistoryMBA degrees originally occurred in the USA, due to the fastindustrialization process that required companies to usescientific approaches to management. The first two businessschools - Wharton and University of Chicago - emerged as earlyas s, but the first MBa degree has been offered byDarthmouth Colleg...

Improving Your Social And Business Networking

Mon, 08 Mar 2010 02:51:31 -0600

Social networking is not a new phenomenon - people have beenmeeting together for centuries as a way of expanding theirfriendships, increasing their sense of community, andestablishing new business relationships. And even in the lasthalf century neighborhood or city-based networking organizationshave arisen such as the Lions, Kiwanis, and Elks clubs alongwith those dedicated to pure networking like Business NetworkingInternational and LeTip. But it wasn't until a website calledsixdegrees was created a few years ago that online networkingstarted to take off - sure chat rooms and listservs had existedin the pre- days but there were never resources onlinededicated exclusively to networking. And while sixdegrees soldoff their company's assets to other online upstarts, thenetworking craze had begun. Depending on where you look, thereare potentially hundreds of websites where one can network,separated out by interest, industry, and geography and whetherthe networking inter...

Top Debt Settlement Companies - What To Look For When Selecting A Debt Settlement Company

Sun, 07 Mar 2010 02:26:12 -0600

When you owe lots of money and you decide you want to try to settle your debts, you naturally want to find the best debt settlement companies out there. This is a perfectly sensible approach, but can be easier said than done. Part of the problem is that that there are just so many debt settlement companies operating now, many of whom are newly formed to take advantage of the increased number of people who find themselves with financial problems. This makes selecting the right company quite a risky proposition, not least because getting the decision wrong could land you in a worse situation than you were before you sought help. The worst companies are outright scams, but many just do not care enough about actually finding the solution that is right for your particular circumstances. Their primary interest is in signing you up for a scheme that will allow them to take money from you up front, leaving them no incentive to get on and do a good job with your creditors. The top debt ...

Home Based Business and Answering Services

Sat, 06 Mar 2010 02:24:18 -0600

Many people believe that having a home based business means that there is no need for additional staff. Quite often this is just not the case because getting work done and handling customer service cannot usually be handled by a single person.So, what sorts of solutions are there for a home based professional? Well, usually there are two options ' hiring an employee to deal with many office issues or hiring a modern answering service to support your office needs. Which is the best answer? Usually that depends upon the individual in question, but if you take a quick look at what a modern answering service can provide, it often appears to be the best solution.For example, without the need for payroll expenses, additional work space and equipment, time spent interviewing and training and all other issues required of hiring employees, an answering service can: Function as a virtual customer service department Provide order taking and order processing Manage appointment setting through t...

Knowledge processing e-Business

Fri, 05 Mar 2010 02:28:02 -0600

b>Overview :Today's knowledge economy CEO's wanted companies all informationon fingertips. Computer based reports are now become very oldfashion. Companies wanted to access their all business reportsanywhere from worldwide as well as companies also wanted toaccess their reports on mobile devices. Mobile commerce orm-commerce will run the business in coming future.What is Knowledge processing e-Business?Companies wanted information about production planning, flow andprocess management, inventory management, customer delivery,after-sales support and service, trucks and ships trackingsystems and many other types of reports to run the business.Currently companies using various types of software's fordifferent different purpose. If any employee wanted informationfrom another department then they need make various reportsagain and again. Only few companies having ERP software's but huge number ofcompanies don't have ERP but wanted to connect their allsoftwares together...

Sales Techniques for Artists, Crafters, and Small Merchants

Thu, 04 Mar 2010 02:21:23 -0600

Most merchants today seem to have the attitude that the customeris best left alone until they are ready to make a purchase.Perhaps it's because they don't want to seem pushy, or maybethey don't care if they make a sale, or they just might not knowany better. Whatever the reason, any merchant practicing thisfoolhardy approach is losing business.Does this sound familiar? A customer walks into your store,craft booth, or gallery. They browse around. You are hidingbehind the counter waiting for them to make up their mind andbuy something, or you are hiding behind the counter reading abookmagazine, or you are busy talking on the phone to one ofyour friends. People want to be left alone to shop. Right?Wrong. Everyone will tell you that they want to be left alonewhen they are shopping, but what they really mean is that theydon't want some pushy salesperson trying to shove something theydon't want down their throat. However, they do not want to beignored. When you ignore a cus...

Doing business online -- Private B2B Exchanges

Wed, 03 Mar 2010 02:13:59 -0600

Business processes are the building blocks of an enterprise. Ifone of these processes fails to live up to its expectation,business starts to flounder. How to minimize the risks, get abetter monitoring of the processes and, at the same time, reducecosts involved? The answer is ' business process automation. Although, automated business processes based on onlinetechnologies can create incredible value to existing business,many companies are slow to adopt technological innovations andreap benefits from them. However, lately, things have started tochange! According to a recent poll conducted among mid sizecompanies shows percent of respondents plan to spend over amillion dollar on business process automation. Large companies 'early adopters of online business processes ' have beenimmensely profiting from the value created by processautomation. Intel recently announced that it saved one billiondollar last year alone thanks to online business processmanagement.In broader...

Hollander Consultants Hires Successful Business Owner as New

Tue, 02 Mar 2010 02:18:29 -0600

Bell Bockus joins Hollander ConsultantsPORTLAND, OR: Hollander Consultants has just hired Bell Bockusas a new consultant to help handle the delivery demandsnecessitated from the company's recent record expansion.Hollander Consultants ended last year with the statisticallymost productive year in the history of the company. Fred King, CEO for Hollander Consultants, said, 'This year willagain be the greatest year ever for Hollander Consultants interms of expansion and growth. Bell Bockus is certainly awelcome addition. As we expand, we will continue to add moreprofessionals to our team.'Bockus, a native Oregonian from Bend who moved to Portland in, has been very successful in her own businesses, and thuscame to Hollander Consultants' attention as a potential additionto its team of professional consultants. Proven success inbusiness is the key element the company looks for when hiringnew consultants. Eric Korb, who oversees all of Hollander Consultants clientdelivery,...