Franchising your business is a great way how to grow almost exponentially with very limited capital. Let’s say you have one very successful office/store and want to grow. Opening another store in different city might be very difficult on your time and resources. If you decide to franchise you will get such branches opened quickly without the need to use…
These days, finding a way to shave a few pennies off your buisiness energy bills can only be viewed as a good thing. A recent NJBiz.com article called “Small-Business Energy Savers” provides 10 ways businesses can save on their energy bills while continuing to provide a comfortable environment for their employees and customers. Here are a few: Replace incandescent bulbs…
The SBA released its report “Women in Business: A Demographic Review of Women’s Business Ownership” in August 2006. Here are just a few of the highlights: In 2004, there were 53 million American professional workers: about 28 million women and 25 million men. Between 1997 and 2002, the numbers of women-owned firms overall increased by 19.8 percent and of women-owned…
ROI, abbreviation of Return on Investment is possibly one of the oldest concepts of finance management. Incidentally, it is still one of the key parameters considered by many finance experts. While there are other kids like ROE, ROCE and ROGIC on the block, ROI still remains the first semester chapter of any MBA finance program. ROI tries to inform the…
E-organizing refers to the electronic tools you use to manage your everyday lives. With the increasing demand for immediate responses, the need to better organize and use these electronic tools becomes a must. GlobalKnowledge.com has produced a great white paper called, “E-organizing for Busy Project Managers”. The paper provides tips and insights into: • Managing e-mail • Handling electronic interruptions…
In my long and illustrious career of business consulting, I have come across very few couples – married couples, who have excelled in business too. I have seen many married couples starting business together, failing in the same, and mostly cursing each other for the whole life time. What makes a married couple tick in business? To me, the factors…
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