Business

Business is all about relationships and connecting the dots. It involves connecting the consumer to the producer and removing any inefficiency in the process. There are many agencies that help you find a business partner and connect the suppliers and buyers. They act as the intermediary and smoothen the process and flow. They keep a record of all the potential suppliers and buyers and help in arriving at the perfect choice between the parties. Business partnerships are like marriages whose foundation is built on analysis and financials. Some suggestions that should be considered while entering into a business alliance and include: 1. The business should have a sound plan and the company should undergo a SWOT (Strengths, Opportunities, Weaknesses and Threats) Analysis. This would enable them to identify their needs and then chalk out a strategy to meet them. 2. Once a partner or a list of probable partners is drawn up, a process of due diligence should be followed which ma

We often think of bad behaviour as a great inconvenience, whether it is from our teenager, our family member, our colleague or friend. It causes us great inconvenience because it just means we have to clean up their mess, and right the wrong. Sometimes these bad behaviours even cause us great embarrassment and we just want them to pay for it. Or sometimes, their bad behaviour just hurts other people with rippling repercussions. It is "almost natural" for us to feel victimised by other people's bad behaviour, we feel as if we are at their mercy (yes even our teenagers) because we feel helpless and we are not able to control them. But what if, their bad behaviour is a call for help? What if, your adult friends or colleagues have huge insecurity issues, power struggles, a need to be in control, are simply unhappy with themselves because they do not have inner peace, and they lash out and start behaving like rebellious teens? What can we do for these overgro

Are you secretly envious of people who are earning lots of money by simply listening to other individuals? Do you secretly wish you can be one of them? Then, here's what you need to do: 1. Education. Although it is not really a requirement, it would work to your advantage if you have a college degree in psychology, sociology, and other related fields so you can easily understand human behavior. 2. Experience counts. Clients only sign up with life coaches who have proven track record in the field of coaching. That means, having a bachelor degree isn't enough to win their business. I recommend that you take advantage of internship programs being offered by schools and other learning institutions. Through these, you'll get the kind of exposure and experience you need to get better in the field of coaching. 3. Trainings and seminars. These will surely look good on your portfolio. Attend relevant trainings and seminars that are being offered both in the online and

Ever wondered how to become a business coach using the knowledge, skills and experience you have already amassed? Just 10 years ago, business coaching was not a very well known field. Many of the few who knew a business coach, or who knew about business coaching did not understand the full range of benefits that could be gained by working with a good business coach in a formal coaching arrangement. Today business coaching is a well respected method by which business leaders, executives and entrepreneurs build up their personal accountability and achieve their business and even personal goals. The demand for effective business coaching continues to rise in all areas of the business world today. In their book "Execution: The Discipline of Getting Things Done", former Honeywell CEO Larry Bossidy and Leading Business advisor Ram Charan illustrate in no uncertain terms just how important it is for companies to have coaching as a core competency of their corporate cul

Selling a business is one of the most important events that occur in a business owner's life. In many cases the business represents the greater part of a business owner's net worth. As a business broker in New Jersey I meet with many business owners that have tried to sell their businesses on their own. In other situations owners call me prior to selling because they feel they need an experienced business broker. In either case I often see many mistakes that should be corrected before going to market. The following are 10 common mistakes business owners make when selling a business. * Not planning for a post-sale future. I always suggest to my clients that they speak to their financial advisors prior to selling their business. They need to understand how much they will walk away with after taxes and is it enough to retire or support their lifestyle. * Not meeting with a business broker. Working with a business broker is not for everyone, but it is a great way to get i

If you want to launch business on a tight budget, bootstrapping is an important component. Bootstrapping business is about having certain practices that allow you to constantly proceed in growing without external help. As money for financing businesses is running short, entrepreneurs are lacking the ability to grow big very quickly. Bootstrapping techniques allow you to keep your expenses to the bare minimum while still giving you the ability to launch business and grow it organically. These top five bootstrapping business tips will allow you to build your business from scratch. 1. Work from Home Leasing out offices can be very expensive. You also might need to sign a contract you don't know you can adhere to. Rather use an empty room in your home and work from there. It saves electricity, water and rental costs. 2. Use Open Source Purchasing computer software can become very costly for a small business. Instead, consider using Open Source software. You can get very p

Do you need to start or grow your business but havelittle money? Before you look to banks and similasources of financing, why not bootstrap your way tobusiness success?A bootstrap is a small loop of leather or othermaterial that is found on the top rear or sides of aboot. The purpose ofthebootstrap is to help youpull your boot on.In business, bootstrapping has come to mean helpingoneself without seeking outside help. It means usingyour own resources to finance, promote, and developyour business.Here, then, are some ways of financing your ownbusiness by using your own initiative and dependingless on outside bank financing.1. Operate a Home-Based Business Operating your business from home could save you afortune. First of all, you eliminate the costs ofexpensive commercial rent, commuting, et cetera.As well, your business use of home expenses would bedeductible for income tax purposes. Since your homeis your base of operations, your travel and automotiveexpenses from your home