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Small Business Information |
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Small Business Information
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Be Nice to Your Payroll Department Ok, so next to the taxman, your company payroll department might well be the most criticised people on the planet. Of course, when your pay is accurate and on time then you love the payroll people with a passion but when things go wrong it is a completely different matter. 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. There Is Security in Change... But Use Caution It has been said that the only constant is change. That statement, while true for everyone, it is especially true for those engaged in business activities. Real World Accounting for Small Business Owners If you're like me, you love accounting. It's so fascinating and such an ingenious system. Incorporating a Small Business: S corporations versus C corporations If you've been considering incorporating your small business, you've probably been confused about the difference between S and C corporations.The similarities between S and C corporations are as follows:1. Quality Controls for Franchising Companies Sample Outline Quality control in franchising companies is paramount and all franchising companies must have strict guidelines to insure consistency. To insure this takes place throughout your franchise system you must make this a policy in your confidential operations manual. Business Reviews that Work What is the satisfaction & expectation review of the business history to date?You have spent a lot of time and effort gathering information about your clients and potential customers. You have kept track of everything that you need to know and have followed-up with precision. Community Relations Strategy for Small Business Does your company have a community relation strategy? Have you even considered it? It is essential to have policies in place. Having run a small business for years which eventually turned into a multi-state franchise system, I realized early on that a business who is part of the community it serves can survive the ups and downs of the business cycles, making it somewhat recession proof. Small Business Failures in America - Cash Flow Issues We are noticing an increase in the length of time it takes Large corporations to pay on their invoices to our team. Fortune 500s are tending to pay their vendors more slowly, which will hurt the already strapped small businesses in America. How To Select a Franchise Here are some useful tips on how to select a franchise. When selecting a franchise, carefully consider a number of factors, such as the demand for the products or services, likely competition, the franchisor's background, and the level of support you will receive because like any other investment, purchasing a franchise is a risk. Do You Need Accounting Software for Your Small Business? If you're anything like me then you dislike with a vengeance doing your accounts and taxes.So how can you make this process easier, less painful and cut your accountancy fees?Well buying an accounting software package is one way. Leverage The Power of Publicity For Your Small Business Your business is only as good as the number of people who knows about it. For your venture to grow, you need to start spreading the word about your business. Nevada Incorporation: The Advantages of Incorporating in Nevada Incorporation in Nevada has become an attractive option for savvy business entrepreneurs, and for good reason. Nevada corporations enjoy many benefits just not available anywhere else. How to Manage Your Pipeline How is your pipeline structured?I assume most of you have heard about the sales pipeline. Your pipeline is what keeps your business going. 11 Things Small Business Owners Can Learn From Punxsutawney Phil 1. Look Over Your Shoulder - Of course, Punxsutawney Phil has to look over his to search for his shadow. Naming Your Business: 3 Tips To Ensure Success If you are just starting your business, or if you have just developed a new product or service for an existing business, one of the first questions you need to answer is, "What should I name it?" And while you may feel pressure to make this decision quickly, I caution you to not make it lightly. What kind of things should you take into consideration when choosing a name?(1) Don't Use Your Own NameWell, first of all, use a name other than your own name. Small Business - Big Business...Whats the Diff? Small Business, Big Business - What's the Diff?Well a lot actually!I become frustrated and angry at the government's paying lip service to assisting small business. It appears as though all governments, bureaucrats and many accounting advisers do not know what a real small business is. Creative Business Card Marketing Announcements can be handed out as a business cardAnnouncements can be more than just a press release that lets the world know that something special has occurred at your place of business or to you personally. You can make announcements for almost anything. Carwash Franchisor Case Study There are only a handful of car wash franchises in the world. This might offer some insight on how car wash franchises come into existence. Employee Induction - Are you Inducting your People - A Practical How To In today's fast paced marketplace it is easy to neglect the small important things!Recently we assisted an organisation prove they had complied with their obligations in inducting their employee. The employee tried to bring a claim for severe stress against the business.
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