article index: business (1 - 20 of 33)
Discussion on Self-service Technologies: Nik Sargent - Self-Service Product Manager, BT (Thursday, 23/02/2006)
An interview provided for contactcenterworld.com, Feb 2006 on self-service technologies. full
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Think About the New Year When Writing Your Business Plan (Saturday, 18/02/2006)
It seems as if every December people get into a panic. The year has flown by and they feel overwhelmed because there is so much to do and so little time left in the year. The same is true in business, with all the year-end things that need to be accomplished, all sandwiched in with the holidays. full
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Time Is of the Essence (Saturday, 18/02/2006)
Not having enough time is a common complaint in today's society. In our culture of "instant" everything, it is often tempting to cut corners in an attempt to save time. However, in business, failing to take adequate time to take care of certain important matters can be a very costly mistake. The following are examples of how that can happen: full
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Build Relationships that Count – Know Your Bankers! (Saturday, 18/02/2006)
One of the most important aspects of any business is the ability to obtain cash when it's necessary. Despite this fact, many business owners wait to build a relationship with a banker until the money is needed. By then it can be too late. full
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Is Your Business Under Control? (Saturday, 18/02/2006)
Almost everyone would probably agree that in order for a Fortune 500 company to thrive, adequate internal controls must exist. The question many business owners ask is, “Does my small company need to deal with all of that?” The answer is simple – yes it does. full
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Planning to Survive Disaster (Saturday, 18/02/2006)
What would you do tomorrow to get back into business if your company were destroyed by a major fire or flood? What would you do if your roof collapsed during the next major snowstorm or your power went out for a week? full
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Time To Plan For The Future (Saturday, 18/02/2006)
Once upon a time there was a company called XYZ, Inc. The company was owned by John, a hard working man, who never got around to developing a plan for operating the business. Because of his lack of planning, the company struggled for many years and John encountered numerous problems that could have been foreseen, such as insufficient cash flow, inadequate space, overspending on marketing, and quality control. full
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Financing Your Business (Saturday, 18/02/2006)
During any stage of its life cycle, a business may have a need for money. For many business owners, this means their business will come to a screeching halt unless funds are found to support the company. While even the smallest business can find cash to support its operations -- if it knows where to look -- the trick is to find the best source for your business considering its current situation. full
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The Promise of New Technology: When is it right for you? (Saturday, 18/02/2006)
Every day business owners are bombarded with claims that if they purchase the “latest and greatest” technology, their business will magically become more efficient and profitable. Of course, if the claims are true, investing the money -- and perhaps more importantly, the time -- to install and use the technology would be a wise business decision. The problem is determining if it is right for your business. full
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Developing A Board Of Advisors (Saturday, 18/02/2006)
Wouldn’t it be great if there were a “Dear Abby” column for businesspeople to use in obtaining counsel and advice? Unfortunately, it isn’t always so easy to obtain sound advice when you encounter an “issue” in your business, or simply want to make your business better. full
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Developing a “Quick-Start” Business Plan (Saturday, 18/02/2006)
If you have been in business even a short period of time, chances are you have been told many times that you need to do a business plan every year. While most business owners see the value of planning, it is the process of writing the plan that is the problem. If this is your situation, you need to consider preparing a “quick-start” business plan. full
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Give Lenders What They Want (Saturday, 18/02/2006)
For many business owners, the time eventually comes to borrow from the bank. When that time arrives, how the bank perceives the risk of the business could make the difference between getting the loan and being rejected. To improve their chances, business owners need to understand what is important to the lender and take the necessary steps to ensure the lender is comfortable with the business. full
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Take Care of Family Business (Saturday, 18/02/2006)
After years and years of hard work, chances are you have created a business that makes you proud. Like many business owners, you may have hopes that your children will someday carry on with what you have started. Unfortunately, the odds are against you -- only three out of ten family businesses make a successful transition to the second generation. full
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Signs That You Need Help (Saturday, 18/02/2006)
One of the first questions people ask about a company after the business gets into trouble is, "Why didn't they do something to stop it sooner?" As a consultant who works with troubled businesses, I have presented this question to many professionals, such as accountants, attorneys, bankers, and business owners who have survived their problems, and have consistently received two answers. full
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Taking Risks in Business (Saturday, 18/02/2006)
Entrepreneurs, just by their very nature, are greater risk takers than the average person on the street. In most cases, the process of starting a business requires that the owners put everything they have worked for on the line, based on a belief that their efforts will lead to success. And once the risk of starting up is over, other risks -- with the potential of even greater opportunity -- continue to tempt business owners. full
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Producing the Highest Profit (Saturday, 18/02/2006)
Many business owners believe that the top goal of business is to increase revenues. Although every company must have sales to stay in business, the real goal of business is to produce the highest possible profit on each sale. full
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Surviving Hard Times: Business Strategy for Overcoming Obstacles (Saturday, 18/02/2006)
Everyone knows the old saying that if you get stuck with a bunch of lemons you should make lemonade. Most business owners would like to practice this belief, but it's sometimes easier said than done. full
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Plan Your Company's Growth (Saturday, 18/02/2006)
You want to grow. You're not alone, since most business owners would like to see growth in their companies. So you put your blood, sweat and tears into your business in hopes of seeing sales increase. But hard work alone will not create sustainable and profitable growth. You must have a plan. full
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Keeping Financial Control of Your Business (Saturday, 18/02/2006)
Many business owners have found out the hard way that it takes more than good sales and a quality product to succeed in business -- a business must be under financial control. Fortunately, maintaining financial control of a business is easier than many people think. It does not take an accountant or finance major to control the financial side of the business. Most aspects of financial control simply involve planning, discipline, and plain common sense. full
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Back to business-building basics (Saturday, 18/02/2006)
Whenever another glorious football season comes to an end, it is easy to see one key difference between the teams that won and those that did not even make the playoffs. The winners have mastered the basics. full
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