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Small Business Information |
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Small Business Information
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Firing Underperforming Employees in Your Small Business Here are a few tips on how to hand out pink slips when it comes time to terminate an employee.As a small business owner with employees, you will likely find it necessary one day to terminate an underperforming employee - if you haven't already. The Number of Pages in the UFOC in Franchising is Still Growing Today Today required franchise disclosure documents are over 200 pages generally. How many pages do you think the Uniform Franchise Offering Circular; UFOCs were 35 years ago for these ten-foot tall pillars of the franchising community like Kroc, Monhan and Rosenberg founded their companies? They were of course the founders of McDonalds, Domino's Pizza and Duncan Donuts. Do You Make These 7 Deadly Cash Flow Mistakes? Managing cash flow is every small business owner's most important function. Avoid these seven deadly mistakes to make sure you aren't creating cash flow problems in your business. 10 Hiring Tips for Small Business Owners As a successful small business owner,you're accustomed to long hours; non-existent holidays and weekends spent working.When was the last time you went to your dentist? When was the last time you had an uninterrupted night out with your partner?Whether your goal for 2005 is to find more time for family or personal enrichment --like attending classes and conferences -- you'll want to consider bringing on some help. Reaping the Rewards of Cost Cutting In these days of insecurity and uncertain futures, the tendency is to manage for survival but the smart business leaders are actively hunting for profits.And they are doing this without launching costly new initiatives or major capital investments. Predicting Business Retirement Satisfaction for Business Owners Most business owners do not think of selling their companies as "retiring". Instead, these vital entrepreneurs see selling their business as a "transition. Where Can People Find Information About Starting A Business? Approximately 200,000 new businesses are started each year. More people are expected to start a business for themselves this year than ever before. The Benefits of Using Freelance Consultants / Trainers for Your Project What are the benefits of using a Freelance Consultant / Trainer for your next project?Companies are often wary of employing freelance trainers when setting up a new project or contemplating a 'roll out' operation or 'change' scenario. There are however distinct advantages to using freelance as against permanent resources, and some of these are outlined as follows. Professional Car Care Businesses You Can Start If you are in the professional car care business you may be looking to expand your business, for that no one can blame you. But which add on service makes the most sense? You will have to make an honest assessment of your current clientele and decide that for your self. How to Give FREE Advice and Make Money When is advice free and when should you charge for it?A question is often asked as to when to charge for information. This is not an easy question to answer as it really depends on the situation. Six Sigma for Small Business It is not surprising that some people may perceive Six Sigma as being only for large corporations. Major corporations such as Allied Signal, Black & Decker, Dow Chemical, Dupont, Federal Express, General Electric, Johnson and Johnson, Kodak, Motorola, Sony, and Toshiba have all rolled out Six Sigma efforts and achieved outstanding results. A Small Business Must Have a Solid Foundation We all know that a building has to have a strong foundation if it is to survive, so, too, a business.There are many planks that support a business but there are four corner-posts that bear the most weight?The four corner-posts are Marketing, Selling, Production and Financial Control. The Inside-Out Business Plan? -- Your Small Business Plan in 10 Easy Questions Writing a business plan for your Solo Entrepreneur business doesn't have to be a daunting project. If you can answer 10 straightforward questions about your business, you can be ready to go. Share Ad Expenses to Boost Profits The challenges of the small business owner are well documented. They must battle for market share against larger competitors, run all aspects of their business, and even pay higher rates for advertising and other marketing related expenses. Window Cleaning Business Start Up Should you buy a business opportunity or Franchise if you want to get into the window cleaning business? Or just start your own and work hard; grow the business into a full-time profession and expand from there? Let us talk briefly about window cleaning franchises is in general.One could argue without too much difficulty that buying a window cleaning franchise is simply a waste of money, after all you could simply go down to be 99 cents store and by a bucket 3 towels and a squeegee and hey, you are in business right? Well one could argue that, since to really be in business, you probably need to get a business license, insurance, buy some business cards and make a few flyers. Mini-Blind Cleaning Business, Case Study Sometimes the simple businesses are the ones, which make good money. Take mini-blind cleaning for instance. Get In Touch With Your Competition! We all know that competition is an ugly word but competitors are a fact of life in business. If your business can't compete with other businesses, don't start it. Do You Want Your Own Fully Programmable ERP? - Part 2 In the first article we mentioned the main characteristics that should have a software to be used as a Front-End with some functions of an Enterprise Resources Planning ERP:ODBC,Replication,Computed Views,Integrated e-Mail,and we used the Lotus Notes example, but in principle will be possible to use other softwares with similar functions.Now we will see a practical case, a system to detect and control - marketing, sales, new purchase orders - your aground products. Why Does a Business Fail and What Can You Do to Stop It? I believe the number one reason why a business will fail is lack of planning. This can be due to various reasons, perhaps because the market research wasn't sufficiently carried out in the first place, or because the financial burden was higher than was planned for etc. Two Types Of Business Plan Cover Pages - Which One Are You Using? This is the tale of two business plans with very different cover pages. They both contain a unique and exciting business opportunity with the potential for high investment returns.
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