Archive for July, 2009

Business Startup - Operations Management - Part 1

Thursday, July 30th, 2009

Count every penny
Make sure that you have some financial education and training.  It is important that you know about finances when you go into business.  This is a big factor in the failure of many small businesses.  The lack of ability to control the cost and manage accounts receivable has caused liabilities to grow out [...]

Business Startup - Dotting the I’s and crossing the T’s - Part 2

Friday, July 24th, 2009

Dotting the I’s and crossing the T’s - Part 2
You should now know that all business needs a business plan.  The only variant is the actual business plan, as it needs to be specific to each business.  The basic guidelines and issues addressed in every plan are the same.
•    Company Profile
Outline the particulars [...]

Business Startup - Dotting the I’s and crossing the T’s - Part 1

Tuesday, July 21st, 2009

Dotting the I’s and crossing the T’s
A business plan is one of the most dreaded yet most important elements that one incurs in starting a new business.  Some think that business plans are only for people that are getting a loan from a bank or are searching for investors.  People that think that business plans [...]