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GlobalBX Entrepreneur Business Articles - August 2008
Think of it. A cheap, direct means of working one-on-one, one-to-many with customers, partners, prospects. The ideal means of educating…informing…persuading. That’s what management sees when you mention one of the “hottest” communications tools available…blogging. The Web 2.0 blogosphere is one of the fastest growing communities today. New blogs are launched every second…120,000 every day. Technorati, […]
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Posted by andym on 08/11/08 at 06:08 PM in Business Management, Sales & Marketing | Permalink | Comments (0) | Trackback URL
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Marketing and communications “experts” like to tell us how the Internet and Web 2.0 have opened up new opportunities for the industry to reach out to and influence people in new, exciting, more effective ways. Instant information web sites, 10s of thousands of ready for your news bloggers, almost free social networks in which you […]
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Posted by andym on 08/11/08 at 06:08 PM in Sales & Marketing | Permalink | Comments (0) | Trackback URL
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While we find the overwhelming enthusiasm of professional blogs and its dramatic value as a strategic public relations tool interesting, it is not a pool we have chosen to jump into yet. And it is one we counsel clients to lurk around before determining if that it is something they want to enter for the […]
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Posted by andym on 08/11/08 at 06:08 PM in Sales & Marketing | Permalink | Comments (0) | Trackback URL
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Wolfgang Puck is a household name when it comes to food these days. Although little is known of his humble beginnings, he has certainly made a huge success of his love of food and resultant career. Wolfgang Puck is one of the better-known names in the food industry today, and with good reason. Owing to […]
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Posted by GlobalBX Staff on 08/10/08 at 03:08 PM in Famous Entrepreneurs | Permalink | Comments (0) | Trackback URL
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My first job after graduate school was working for the federal government in the Office of Personnel Management (OPM). A few months into the job, a woman air traffic controller sued her boss and co-workers in the Federal Aviation Administration (FAA) for creating an offensive, intimidating and hostile work environment at the tune of $1 […]
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Posted by judithl on 08/08/08 at 02:08 PM in Business Management, Human Resources, Legal | Permalink | Comments (0) | Trackback URL
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In the bestseller, Good to Great, Jim Collins discovered that, “the good-to-great companies continually refined the path to greatness with the brutal facts of reality.” And, in his recent autobiography, Jack Welch reports that he spent about half of his time on people: recruiting new talent, picking the right people for particular positions, grooming young […]
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Posted by judithl on 08/08/08 at 02:08 PM in Business Coaching, Education, Human Resources | Permalink | Comments (0) | Trackback URL
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When I was in high school, given the choice between giving an oral report and a written one, I always choose the written report. In college, I did the same thing. My reason: fear. I was terrified of public speaking. When I graduated from college, my father gave me some advice. He said, “If you […]
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Posted by judithl on 08/08/08 at 02:08 PM in Business Coaching, Education, Entrepreneurs & Entrepreneurship | Permalink | Comments (0) | Trackback URL
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Need an office manager or a front-desk person? Pay and benefits are important but a successful search may depend more on patience. Physicians – most of whom are accustomed to making quick decisions – often don’t put enough time or thought into hiring, says Elizabeth Woodcock, an Atlanta-based practice management expert. “Until physicians come to […]
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Posted by judithl on 08/08/08 at 02:08 PM in Business Coaching, Employment, Human Resources | Permalink | Comments (0) | Trackback URL
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Typical managers spend nearly 40% of their work hours in meetings, not to mention the time spent preparing (and recuperating). A survey of business leaders showed: • 33% of time spent in meetings is unproductive • 75% of the respondents said it is “almost essential” to have an agenda, yet they use them only 50% […]
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Posted by judithl on 08/08/08 at 02:08 PM in Business Management, Human Resources, Leadership | Permalink | Comments (0) | Trackback URL
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Think of a job description as a “snapshot” of a job. The job description needs to communicate clearly and concisely what responsibilities and tasks the job entails and to indicate, as well, the key qualifications of the job – the basic requirements (specific credentials or skills) – and, if possible, the attributes that underlie superior performance. Following […]
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Posted by judithl on 08/08/08 at 02:08 PM in Employment, Human Resources | Permalink | Comments (0) | Trackback URL
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I remember the moment I swore that I would always value my employees. It was the late 90s, I was the head of sales and my boss was sitting across the table. “Sales people are a dime a dozen,” he said. “I could replace anyone working here tomorrow and not miss a beat.” That told […]
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Posted by judithl on 08/08/08 at 02:08 PM in Business Coaching, Employment, Human Resources | Permalink | Comments (0) | Trackback URL
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Recently, the literature in medical economics has caught up with conventional wisdom in terms of medical malpractice lawsuits. What has become apparent is that people are less likely to sue doctors whom they believe have acted in their best interest and who communicate with them clearly and kindly. In plain English, doctors have discovered that […]
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Posted by judithl on 08/08/08 at 02:08 PM in Business Management, Human Resources | Permalink | Comments (0) | Trackback URL
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Introduction: This article is written as a general discussion on the subject of “Due Diligence”. It is for informational purposes and not intended to be a definitive guideline for your exact situation. You should consult the appropriate professionals with regard to your specific transaction or situation. Further, this article is in no way advocating, suggesting […]
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Posted by willardm on 08/07/08 at 08:08 PM in Business Management, Business Plans, Buying a Business | Permalink | Comments (0) | Trackback URL
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The final part of the whole deal is the escrow. The word is an old Anglo-French word which originally meant ‘piece of parchment or fabric’. In today’s parlance, the word describes the process whereby a property is deposited with a third party to be transferred to the grantee (buyer), when certain conditions are met. There […]
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Posted by willardm on 08/07/08 at 08:08 PM in Buying a Business, Selling a Business | Permalink | Comments (0) | Trackback URL
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Many potential entrepreneurs do want to start their own business and no doubt consider doing so year after year. However, starting your own business is a leap of faith. You have to give up a stable income to make your own business work. Whilst there are pitfalls with this strategy, there are also a lot […]
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Posted by GlobalBX Staff on 08/06/08 at 03:08 PM in Employment, Entrepreneurs & Entrepreneurship, Self-Employed | Permalink | Comments (0) | Trackback URL
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Warren Buffett is the entrepreneur that all budding entrepreneurs aspire to be. Not only has he made billions in his chosen field of investments, but he is now the richest man in the world with a fortune standing at $62 billion as of 2008. One of the main reasons why he is such an inspiration […]
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Posted by GlobalBX Staff on 08/06/08 at 03:08 PM in Famous Entrepreneurs | Permalink | Comments (0) | Trackback URL
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If you have arrived at the conclusion that selling your business is in your best interests and ultimately what you want to do then you should begin advertising that fact. You should use a non-disclosure agreement and consult an attorney to protect your business interests. You may then receive bids from a number of interested […]
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Posted by GlobalBX Staff on 08/06/08 at 03:08 PM in Business Strategies, Competition, Selling a Business | Permalink | Comments (0) | Trackback URL
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Over the years I have come to understand that arguably the most critical aspect of managing people in the workplace involves managing their feelings and emotions. Emotion plays a critical role in what people achieve or don’t achieve. It’s common knowledge that the person who does things with passion is more likely to succeed than […]
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Posted by alanh on 08/06/08 at 06:08 AM in Human Resources, Productivity Tips | Permalink | Comments (0) | Trackback URL
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Buying a business in today’s economic climate requires that you, the buyer, be on the ball, with regard to business basics. This economic climate, as far as businesses are concerned, is a sellers market. With the corporate downsizing, economic downturn and other factors, there are a lot of very knowledgeable buyers out there looking for […]
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Posted by willardm on 08/05/08 at 10:08 PM in Buying a Business | Permalink | Comments (0) | Trackback URL
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