Since you only have a finite number of hours to get your work done, the secret to getting the most out of each and every workday is to manage your time.
Done right, business time management can indeed be an effective technique for focusing on what really needs to be done while removing the clutter and distractions that may get in the way of achieving your goals.
Here are some time management tips to help you in business:
In recent years, there has been a shift away from cubicles and back to traditional offices complete with walls and doors.
Which set up is best for your small business? Here are a few things to keep in mind.
Privacy
Obviously, a traditional office will afford the user more privacy than a cubicle will.
With credit lines taut, sales slowing and customers looking for reasons to buy, many small enterprises are facing some serious belt-tightening.
But while many owners assume that the only way to downsize is to lay off staff, in fact, several alternatives can limit RIF (reduction in force) or even avoid it altogether.
I was a wordsmith first--before I went to business school and discovered that some things can't be explained with words alone. Even with all the great thought you'll put into the text portions of your business plan, a good business plan depends on numbers to make it all real. Without the numbers, it's only a rough draft at best.
An effective business plan has to include at least three important "pro forma" statements (pro forma in this context means projected). They're based on the three main accounting statements:
In business our number one goal is to keep our customers happy at all times. The timeless classic of “the customer is always’ right” comes into play here. But there are going to be time’s when there is more then one customer on the phone-one of them will have to hold. Or there is more then one customer in line-the other’s will have to wait.
To cut down on the frustration that the customer may feel at this point, try giving them something that will keep them entertained even just for a few minute’s. Rather then have that boring classical elevator music that we all love so much on the phone, try a comedy station, or maybe a trivia station.
It is often difficult for the small business owner to know when to expand their business to new markets.
To make this determination, you must first know and understand your limitations. Expansion may mean obtaining new equipment, hiring more staff, or opening a new location.
It is often difficult for the small business owner to know when to expand their business to new markets.
To make this determination, you must first know and understand your limitations. Expansion may mean obtaining new equipment, hiring more staff, or opening a new location.
Like any other company, you need to review the performance of your small business towards the end of each fiscal year to assess how well it has performed over the past year.
If the results appear dismal, there is a distinct possibility that it is the result of bad planning and lack of a budget.
There are many entrepreneurs who have started successful, profitable online businesses.
Some online business ideas come from people who are already running a similar business offline. Many retail shops have caused their sales to go through the roof by adding an online presence.
If you’re a small business owner, you have probably had to choose at least one vendor. Some make the mistake of selecting the first vendor that they talk to while others always go for the lowest price.
There are other factors to consider, however, and choosing the best vendors can prove to be vital to the overall health and growth of your business.
Finding ways for your small business to get involved in the community can help motivate employees and it can be good for business too.
When you and your small business are active participants in the community, the name of your business can become well known, and you will be thought of highly by members of city council as well as by other small business owners in your area.
