Do Business Well

Being involved with a direct-selling company has many advantages over setting up a business on your own. Doing the market research, developing and testing new products, planning, pricing, and working out sales techniques are all done by the company All you need do is to absorb their sales training and sometimes to purchase a starter pack of goods to sell. The sales procedure has been written by experts, so if you follow the training you should, in theory, be able to make sales. Continue Reading »

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Rule 7

You must consider incentives for prompt payment.

These days, people expect to be rewarded for performing the most basic tasks—like paying their bills. If you think providing incentives in the form of material rewards is going to work with your customers, then do it. After all, the sooner you get your money in, the better-off you’ll be. Continue Reading »

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Cash-flow is the life blood of any business, and there are rules—a baker’s dozen, in fact—that are fundamental to effective debt collecting. If you fail to adhere to these, your debtors’ list will grow, your cash-flow will shrink, and your business days will be numbered. Continue Reading »

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Flexible working hours: you may be able to choose your own working hours or, as the saying goes, ‘the self- employed can only work half a day — and you can pick your own 12 hours!’ Continue Reading »

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How long does it take for a customer to forget you?

The 90-day test

Statistics report that it takes 90 days to break a habit such as smoking or biting your nails. Well, what do you know, it also takes 90 days for a customer to forget you. Continue Reading »

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Service programmes can also fail because managers do not see them as an investment. They think that service is the result of a good attitude among employees and that by making speeches and awards they will achieve excellent service. This is not so. Continue Reading »

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Computer technology has brought much efficiency into the office. As a small IT business owner, I have to put the investment on office software into serious consideration. Office software especially industrial edition is very expensive. I can only afford one or two.

Phase 2 is good news for small and medium business owners. They provide the access IT software for our office employees, which we don’t have to invest a huge amount of money to pay once off to buy the life time usage of the software itself. We can pay month by month, which might depend on the numbers of employees who access this software. In my personal opinion, it is a smart way to manage the expensive software which I have to use but can’t afford. Continue Reading »

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Developing a comprehensive business plan is by no means an easy task and may demand a lot of time and patience. It requires a conscious effort, a lot of homework and a well-designed layout. Continue Reading »

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I have used the launching and marketing of The Business Network as an example. You can use the same formula to market and promote other projects. My intention is not to saturate you with information on the Network, but I do feel its best to speak from experience and most of my knowledge emanates from the Network. I also believe that networking is one of the most effective ways of marketing, so where I have used the words Business Network, simply replace it with your company name. Continue Reading »

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The emotional tone set by any leader ripples downward with remarkable precision.” When successive levels from top to bottom of an organization are analyzed, the effect is very much like a set of Russian dolls, one stacked inside the other, with the leader containing all the rest. Continue Reading »

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