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Category Archives: Business

Have A Happy Workplace

Happiness is having a strong foundation of well-being, from which happy feelings naturally rise up in us like smoke from a fire.

So when I talk about happiness at work, I’m not talking about people walking around the office with smiles on their faces all the time. Having happy feelings continuously is not realistic, and it is not the goal. If I am your business leader, my goal is for you to experience well-being, a solid sense of achievement and progress at work that happens in an environment of connection, safety and encouragement. I know that this kind of work environment allows people to experience well-being, and thus to feel happy as a result.

Happy people do great work. They get along with each other and stick around.

The biggest single thing I can do as a leader to create well-being for my people is to build a culture of respect in my company.

Respect has several aspects. It is a feeling of admiration for someone related to their abilities, qualities or achievements-“I really respect your honesty.” It is also about having proper regard for the feelings, wishes, rights and traditions of others-“I respect the differences in how we view and practice religion.”

We learn respect when we are young, by experiencing it when it is given to us by our parents and caregivers. They say, “When your door is closed, I will knock,” or, “I respect you for standing up to that bully.” When they tell you those things and behave that way you learn how to have boundaries, and you learn how to have healthy self-esteem.

We know what respect is because we receive it, and we can then turn around and give it to others. But, if we don’t receive respect when we’re young we won’t really know what it is or how to give it later on, and there will be a gap in our ability to treat people right.

At work, people who lack a sense of respect may be negative and unforgiving toward others. They may be aggressive or have difficulty honoring necessary boundaries, and they may not know how to compliment people or acknowledge them for what they do right. Here’s what you can do as their leader:

Contain them. Set limits and boundaries for them clearly but kindly. “Please don’t come into my office without knocking when the door is closed,” or, “It’s not right to talk to people like you just talked to Mitch. I need you to stop that.”

Teach them about respect. When you observe or receive reports of disrespectful behavior, tell the person involved that their behavior is unacceptable, and also tell them what specific behavior would have been acceptable in those circumstances. They may not have come from a background where they adequately learned respect, so it’s good to paint a picture for them in some way to demonstrate what it looks like in action.

Appreciate them. Look for the good in what they do-individually and in groups-and tell them about that. Start your meetings by verbally appreciating something good the person or group did. An important note, though; there needs to be no “but… ” at the end of appreciating them. Try not to use recognition to set up correction, because the correction will cancel out the recognition. “You did a good job with the Williams account, BUT you need to do your paperwork better.” Nope.

Don’t be afraid to praise people. It won’t give them swelled heads, they won’t slack off, and work won’t degenerate into a love fest where things don’t get done.

Respect your people, build their respect by giving them boundaries and telling them what they do right, and they will get along better and be happier at work.

Find a Tradesman Online

As referred above now days various online portals are working as online telephone directories providing contact details of the different tradesman working in your region. But, now the question arises that how you can located the service provider of your choice according to your requirement. This actually is done according to following steps, which are referred ahead:

In the beginning you will be required to post your requirement at the portal detailing about the type of service required by you whether you wish to extend the existing portion of your house, repair of heating or air conditioning system of your home, plumbing or repair of door etc. One thing while posting your requirement about the tradesman it would be better to explain every aspect of your requirement clearly whether you want to repair any of your equipment or its service or install the new appliance etc. whatever type of service you need it should be clearly mentioned in the form determined for posting your request. Doing this will also enable the portal to provide you the contact details of the tradesman that offer services which are required by you.

Once you have posted your job requirement the portal will provide you three quotations taken from the service providers offering the service required by you.

Doing the above exercise is helpful in determining the best service provider for your job depending upon the funds available with you. With this it also facilitates you in understanding the types of services offered by them and also to go through the feedback posted by their previous clients about their service.

After this the only thing left with you is to call the tradesman and ask him to visit your place and get you free from that unexpected situation.

 

Automation Tool For Business Growth

1. Ease Of Usage

Ease of usage and flexibility are the two factors that can affect the performance of the tool. Apart from this, since organizational needs continue to change with time, the tools they need should be user friendly and flexible.

2. Portability

The second most important factor that you should consider is portability of the tool. Actually, this is all about how and what you are going to do is the maker of the tool goes out of business. Apart from this, making sure that the tool is portable can make it easier for you to deal with cost reduction requirements, requirement changes and performance issues, just to name a few.

3. Reporting

Good businesses have goals that are measurable no matter what they do. The same applies to marketing whether it is a modern approach or native approach. If you look at the reporting feature of the automation tool, you will save you from a lot of troubles down the road.

4. Interoperability

Make sure the automation platform can be integrated with the other tools used in your organization.

5. Mobility

Nowadays, mobile phones are used for almost everything. When choosing an automation tool, make sure you consider the mobility factor as well. this will help you greatly in the long run.

Appearance at Trade Shows

Plenty of Options

There are plenty of options for you to think about when it comes to such assistance. You don’t have to spend lots of money either to get quality help. You should evaluate what is offered and make sure other businesses are happy with them. You need to avoid any entity with a poor reputation for what they deliver, missed deadlines, or being difficult to work with.

You will find most trade show stand contractors really enjoy what they offer and they want to see you succeed. They don’t view you as just another project, they see you as a person and they see you as a business owner doing all you can to get to know and to generate a solid customer base. They like the idea of being behind the scenes to help that dream come true for you.

See what they can Offer

Identify trade show stand contractors willing to give you a free consultation and to share with you what they can offer. Look closely at what they can create and if you love it, ask them to do it. Get the final decisions in place including the cost and the deadline and go from there. If you aren’t happy with what they can provide, you can either negotiate or you can walk away.

If you choose to negotiate, be specific about what needs to change. Perhaps you don’t like the colours or you don’t like the size. Maybe you aren’t confident in the set up and take down of certain pieces of the materials. It could be the price that has you holding back. Open up and share information and allow them to try to make some modifications that could seal the deal with you.

Be Proactive

Even though you are going to put the project into the hands of the trade show stand contractors, you need to be proactive. Make sure you respond if they have any questions or they tell you about any challenges. They may be on hold with the project until they hear back from you so respond accordingly. Help to look for solutions too if there are any barriers in the way.

Don’t feel intimidated because they have the experience and you don’t. This is still your project and a reflection of your business. While you certainly can’t micro manage the project or trade show stand contractors, you should feel that your input about all of it is being taken into consideration. Each time you put the materials into motion, you should be proud to do so!

Pricing Strategy

The Gabor-Granger technique, also known as immediate pricing, is a survey-based system. Customers are asked if they would purchase a certain product at a specific price. They are asked this question with a variety of different prices. From the results of this survey, the perfect price for each person can be established and then the best average price can be estimated from all the responses. On the plus side, this techniques gives you a quick answer. On the other hand, it may not be especially accurate because people may not give a truthful answer about how much they would be willing to pay for the product. The other drawback is that this approach only asks about a specific isolated product – if consumers are faced with the same, or a similar, product for a lower price, they would likely purchase the less expensive item.

The van Westendorp Price Sensitivity Monitor is also survey-based but, it asks more questions that are more specifically aimed. Rather than one question, as the Gabor-Granger technique, it asks four questions: at what price is it a bargain; at what price is the product becoming too expensive; at what price would you start questioning the quality of the product; and at what price is the product way too expensive to think about buying it.

While it may not seem like a big difference – one question versus four – the four questions of the van Westendorp approach offer more detailed information, making it easier to establish a full range of prices for a specific product. That extra information can then be used to address variation in competitors’ prices as well as variation in individual customer responses.

No matter which specific technique, or combination of them, that you decide to use, there is a quantity of good information you can use to establish the best success for your product or service.

Pick Best Business Bank

First, choose a bank with sufficient security for your funds. A good business bank will have adequate coverage. It will be properly insured to help protect the interest of all their depositors and clients. This will also lead to ease of deposit. The best business banks will enable you to deposit cash or checks, even if they don’t have a branch near you. They will allow you to do this through their mobile app or website. Another option would be through home or office deposit services which can make check deposits quick and simple.

Another thing to consider is the reasonable minimum balance requirements. Most business bank accounts require depositors to maintain a minimum balance. Failure to do so will result in additional charges you will have to pay. The best bank will only call for a minimum balance requirement that people can comfortably afford. Additionally, this will lead to low fees or charges. The most sought-after banks won’t charge you any fees for basic account transactions.

Check if the bank you choose has good interest rates. The best bank will offer attractive rates for the amount of money you will deposit with them. They will also charge reasonable rates for the money you borrow via credit card or loan. Ideally, the bank should pay higher-than-average interest on your deposits and charge lower-than-average interest on your debts.

Business Analytics Training

The Business Analytics training is a guidance method for each and every individual who wants to show their skills in the industry of trade and commerce. It is going to support them for their ever need. They can operate their work smoothly. But there are a number of things which are there to be synchronized in an account to make that happen.

Every company has their own teaching method. They try to make their students capable by providing various guidelines. Each and every company offers something extraordinary to their students. Selecting the essential materials and much more will be precisely significant when making an allowance for how to run the industry properly.

The way how the provisions are actually ordered will be quite significant. But maximum times ordering by greater quantities will provide the companies as well as the opportunities to just save cost on the provisions. But it is just going to be possible if a company has the place to store an individual which will not be utilized right away through. It is actually something which has to be considered.

If you are opting for the course to add your career, or just you have an intense concentration in Business Analytics training and need to relish the long term profession doing what actually you love, you will then find that the corporate accreditation can offer you along with a myriad of advantages that you can like on a private level on a regular basis.

Not each and every individual love being stacked in front of a computer screen managing analysis. But numbers of people are out there, who actually enjoy this kind of seasoning from the certain company. In fact, one can easily prove and showcase their skill and expertise by getting this specific exercise. Utilizing this drill, you can easily increase your talent which will help you a lot to progress your career smoothly. Some of the companies are there who try to give a complete knowledge to their clients so that they can operate their corporate smoothly.

So many people join this particular seasoning just because they enjoy it thoroughly. But apart from interest one of the main advantages of this particular accreditation is that anyone can easily prove their capability to operate the job. When positioning for a place that needs this sort of exercise, containing your authorization is a symbol that you are extremely talented to meet the responsibilities which are needed. Along with that, you can increase the probabilities of being chosen.

One can find that the certification is acknowledged by the industry specialists that are a key benefit, particularly when smearing for the location or an elevation only within your corporation. You can find that it is easily familiar, not only by establishment directors and owners but also by the colleagues and peers.

Business Coaching

Business coaching, therefore, can be defined as a process that can be applied so as to move a business from its current position to where the owner envisions it to be. What a business coach does is to offer guidance and assistance to the owner in view of business growth, helping in the clarification of the business vision and how exactly it can fit well with the personal goals. This is a very important step and should be a point of focus.

Business owners should be made to understand the importance of reaching their goals for the business and how it can affect them personally. The business owner is responsible for the determination of the passion and speed in which goals are met. When the business owner has a passion for reaching a goal, he will be more determined to make it work by all means.

Usually, a coach will get to know the business owner desires and this helps in the prioritization of the goals and strategies that need to be put in place. It is the work of the coach to meet you with the owner on a regular basis so as to ensure they remain on track to all commitments that they may have made.

Accountability is a critical component of business coaching. It is important to understand that a business coach isn’t a consultant. This means that they don’t work for the business. The main aim is to help you with focus and keep on reminding you the importance of reaching the set goals. They also work to motivate the business owner to actually keep the commitments. They are the sounding board and can even hold a mirror so as to reflect all the blind spots that you may have missed.

Most of the success stories that you may have heard attributed it to amazing business coaches. For business owners who seek to have more time, more money and better relationships and health, it becomes important to have a business coach. The reason why the most business fails is that people are not really taught about ways in which they can actually win at life. Coaching, therefore, bridges the gap and enlightens the business owners in ways that only a coach can achieve.

Financial Fraud In Business

Asset misappropriation

Asset misappropriation is the type of fraud that involves a member of staff who uses their position to take from their employers. This fraud is often committed by those trusted to manage the interests and assets of a company, which can include board members, employees or directors.

This type of fraud activity can include theft of company formulas, patents, or sensitive data, theft of credit notes or vouchers, inventory theft, theft of money or check forgery.

Any company that suffers from asset misappropriation will experience cash flow issues in some form. Plus, it can also have a negative impact on staff morale and the company’s reputation. It is believed that over 90% of business fraud is related to asset misappropriation which makes it by far the most common issue. On average, the lost from this type of fraud is in the region of $150,000 per case.

Bribery and corruption

Bribery and corruption is the next most common issue related to fraud in a business environment. Even though this type of fraud is less common than asset misappropriation, the average cost of a bribery scheme is significantly higher, and likely to exceed over half a million dollars per case.

The type of schemes involved in this area are quite broad and can include substitution of inferior goods, manipulation of contracts, bribes to influence decision-making, shell company schemes and kickbacks.

Financial statement fraud

Financial statement fraud takes place less frequently, but is almost certainly to be the most experience per case. On average, this type of fraud can lead to a company losing up to $2 million per case. This fraud involves an entity or individual falsifying earnings or income statements in an attempt to make a financial gain for them.

Services Provided

Investigations for which businesses hire private investigators are:

Pre-employment screening

When hiring employees, a business needs to ensure that the candidate does not have any kind of criminal history. Additionally, their references need to be checked. Besides, their financial history also needs to be verified. All these investigations are carried out by a private detective.

Background check of prospective business partner

When an individual is intending to go into a partnership with another for business purposes, background check of the partner is essential. The businessman hires an investigator to carry out a complete background check of the partner to ensure that he is associating with a reliable partner.

Investment checks

The legitimacy of a company is verified by a private investigator. For this their public records for licensing, bankruptcies, small claim judgments, state and federal tax liens, etc. are checked.

Security Consultations

Private investigation agencies can recommend security measures to enable businesses to avoid thefts and provide security to employees.

Workers compensation claims

When a worker makes a claim on the company, it is essential to check the authenticity of the claim. Private detectives are hired to check for fraudulent claims.