Do Business Well

1. Keep your employees informed

Don’t keep everyone totally in the dark — people like to know how the company is doing. If they know enough of the facts they will respond to the challenge of the company’s policies.

2. Publicise financial targets

Whatever your business you will have to work within certain financial constraints and towards some financial targets. Let the relevant employees down the line understand clearly what part they have to play in containing the business within these constraints. Continue Reading »

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At work, do you …

• Experience frequent heart palpitations (fast and heavy beats)?
• Feel queasy and jittery for no explicable reason?
• Have difficulty concentrating because of intrusive thoughts?
• Worry frequently about trivial issues?
• Have diarrhoea frequently?
• Get butterflies in your stomach over insignificant things? Miss opportunities or lose time because you can’t make up your mind?
• Pace or fidget excessively?
• Frequently sweat while just sitting and thinking?
• Have your friends asking if anything is wrong because of your withdrawn behaviour?

You will probably have personally experienced some of the above items in your work life. Just getting to and from work can accelerate your heart and breathing rates. If you face regular stress at work such as demanding deadlines, friction with your boss or co-workers, irritating customers or irksome tasks, then you can benefit from daily relaxation practice. Continue Reading »

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Personal needs at work

• Do you prefer to work in a small business, a large organisation, or on your own?
• Do you enjoy initiating new developments and seeing them fulfilled in your work?
• How important are workplace friendships? Do you rely upon these daily contacts to provide interest and stimulation to your work day?
• Are you competitive? Do you like pushing yourself and comparing your achievements with others?
• Are you a creative person who needs to express yourself frequently in your work?
• Do you see yourself as a leader? Do you enjoy exercising control over your situation at work and delegating responsibilities to others?
• What sorts of rewards are important to you? High salary; status in the job title; fringe benefits (car, expenses); long-term security etc.
• How willing are you to take risks, to try even though you know there is a considerable chance of failure?
• Do you prefer to work: inside or outside; with people, ideas, or equipment?

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While jobs vary in work tasks and objectives, there are some general and basic procedures which can be implemented to enhance worker productivity.

• Work to a daily plan.
• Look for ways in which you can productively use previously unused time.
• Start a follow-up file to periodically contact people who are important to your work. Be certain to record background information, special events and possibly even important birthdays on your file cards.
• Practise placing yourself in the shoes of the people you deal with and see yourself from their perspective. Can you approach them more positively? Can you make them feel more positive in their relationship with you?
• Talk with experienced people in your field of work and try the strategies they used to increase their productivity.
• Update your job skills.

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The degree to which your areas of thinking, feeling and behaviour are not in harmony is in direct proportion to your ability to attract what you really want. This means examining the attitudes that you knowingly, and unknowingly, hold about your life.

Your attitudes are expressions of the way you think, the very frames of reference you have constructed to support your world. It follows that if matter is thought made concrete, then your thoughts are the architects of your material world, and your attitudes the builders. If you have thoughts about how you want to conduct your life and then behave in a manner that does not reflect this `rightness‘, ultimately you become self-defeating in your ability to manifest. Continue Reading »

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When you truly express yourself, the world embraces the enthusiasm and commitment you display. It applauds your individuality. When you extend yourself the outcome is not always as you would have hoped for. The key to fully expressing yourself is to find out what you love and to specialise in it to the full. Those who do seek to specialise inevitably discover that the rewards are disproportionate between the best and the rest. Similar to the winning horse whose owner receives ten times more than the owner of the horse that came second, the specialist will reap increasing returns for being the best. Continue Reading »

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The one thing that every person has in common is the amount of time they have in an hour — sixty minutes. Depending on individual priorities, the manner in which these same periods are spent is infinite in choice. Amazingly though, and despite efficient management of time, the majority of our achievement and happiness takes place in a short space of time. Using the unit of one hour as a reference point, ten minutes is utilised in channelling our energy proactively, while fifty minutes is wasted in using our energy reactively. With the majority of our energy absorbed through involvement with such draining elements, it is no surprise that there is so much fatigue and depression.

Every waking hour takes you either towards fulfilling your particular speciality, or away from it. There is no neutral, only forwards or backwards. Channelling your energy has nothing to do with keeping in balance, which is more to do with restoring energy that has been drained. Continue Reading »

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After your business has opened, your accountant should:

• Set up a mechanism to record your daily business transactions e.g. sales, cash receipts, purchases and all expenses.
• Open a set of books (now recorded on your computer) e.g. cash book, journals, petty cash etc. This will most likely entail the purchase and installation of a software package suitable for the recording and presenting of your financial results.
• Arrange to present your accounts to you on at least a monthly basis. You should receive a package consisting of an income and expenditure statement, a cash flow statement and a balance sheet not more than 10 days after the end of the month.
• You should insist on receiving the following information on a daily basis

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