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Business Plan Development
The need for comprehensive business plan development can never be overstated. Every entrepreneur must develop a business plan, irrespective of the nature of his commercial setup. Whether you set up a new venture, or buy out a running business, purchase a franchise, or simply wish to expand your current business,

ould be explicit about payment terms, return privileges, interest charges on overdue accou

What Does Your Staff REALLY Want? Part 3
The 2005 “Best Places to Work” program study showed that, contrary to popular opinion, employee satisfaction didn’t depend on salary. The most given answer as to what makes a company a great place to work is employee empowerment.And what constitutes employee empowerment? I believe it comes down to a few

Swiftness is the key to collecting past due commercial accounts because commercial accounts depreciate more faster than consumer accounts.

In creating and implementing a billing system, a credit grantor should recognize that time is the safest refuge of any debtor. The more time they are given, the less likely they are to pay. Hence, sales documents should be explicit about payment terms, return privileges, interest charges on overdue accou

What is Business Success - How to Get Rich in Any Business - Business Strategy for Success
What is Business success? How to Get Rich in Any Business? (Business Strategy for Success) In one of my lecture session, I raised a question: What is business success? The trainee entrepreneurs started answering this question. We discussed their replies

s depreciate more faster than consumer accounts.

Dollar General: Coming to a Community Near You!
They started out as a small, family owned retailer and gradually began to spread beyond its small town roots to towns across America. Along the way they changed the company’s name and quickly became known for offering low prices on a wide variety of items. Consumers flock to them and they are opening more stores

ing system, a credit grantor should recognize that time is the safest refuge of any debtor. The more time they are given, the less likely they are to pay. Hence, sales documents should be explicit about payment terms, return privileges, interest charges on overdue accou

What Do Your Clients REALLY Think of You?
*********************************************Know Thyself - Socrates*********************************************I'd like to start this article with a test …What do you get when you cross a Northern Canadian male, a 4x4 truck and heavy rain?You guessed it! … Mud Bogging!!!!

. The more time they are given, the less likely they are to pay. Hence, sales documents should be explicit about payment terms, return privileges, interest charges on overdue accou

Positive Words
When writing a resume never forget the power of your words. I have time and time again seen where job seekers have written things like work requirements. An employer is not looking for work requirements. This informs them that you were required to do it, and may not have wanted to. How about something more

ould be explicit about payment terms, return privileges, interest charges on overdue accounts, guarantee and service costs.

Various Commercial Collection Programs Used

A series of letters used together with an account aging sheet or data printout will help to track slow-paying accounts.

All systems should have an organized and mechanical follow-up of accounts at regular intervals, for instance, 30, 60 and 90 days past due.

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The biggest mistake in interviewing is not being fully prepared. Proper preparation can make the difference between getting an offer and getting rejected.

Statistics show that a large portion of the world?s population owns and runs a small business. This fact is not surprising. After all, having your own business means that you can work any time you want, make your own decisions, be your own boss and be exempt from the usual bureaucratic rules that govern larger business establishments. You need not report to anyone but yourself. These are but a few of the more compelling reasons why most people take the plunge when it comes to operating a company of their own.

Is it on your 'to-do' list? Have you written it down? Do you know what's next? This is the traditional approach. But this checklist is a little different.

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