GlobalBX Entrepreneur Business Articles - October 2011

UK Company Accounts To Be Overhauled

New rules set out by accounting regulator, the FRC will soon force company accounts to include a report (from the audit committee) about the key risks a company faces, both strategically and operationally. Following a review of the current auditing system, the FRC have revealed that many audits fail to communicate key information about a [...]

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8 Tips on How to Value a Business

Valuing a business is a challenging aspect when buying a business.  How can you arrive at the right price for a business for sale?  Will you, the buyer, just rely on the asking price of the seller?  In most cases, the seller wants a price higher than the real price of the business because the [...]

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4 Savvy Tips to Help You Take Online Training Courses Efficiently

It is very different to take a course sitting in a classroom and to take one sitting in front of a computer. Elearning requires that learners supervise their own study schedule, and their progress is under their full responsibility. They are completely independent, and while in many cases this is a great advantage, it may [...]

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6 Advantages of Online Training Courses for Learners

Everyone wins with eLearning these days! Of course, eLearning is not the best option for every training need; some companies may require face-to-face classroom sessions to encourage discussion on very specific types of training. However, online training courses are becoming increasingly adaptable and very appealing to deal with many different kinds of training needs, because [...]

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12 Lucrative Advantages of eLearning Solutions for Your Company

If your company has been considering employing online training and development solutions, it is doing some intelligent planning. Here are 12 advantages eLearning solutions offer every company that gives them a try: 1.  Fewer indirect costs Think of how much money your company can save if it does not have to pay for transportation and [...]

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6 Instances in which eLearning is the Best Option

Today, eLearning solutions are offering new ways to reach difficult audiences. It has been very convenient for many companies and individuals to have this option available to offer courses that, for one reason or another, were out of the reach of many before. Here we give you 6 examples in which an eLearning solution could [...]

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Facebook … The Next Best Thing to Buy, Like

Like Me – If you’re an individual with a Facebook page, you like people to like you. If you’re a company or brand, you want people to really like you. But getting folks to hit the Like button is the beginning of a relationship you need to carefully nurture. People devote more time to social [...]

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How to Investigate a Business for Sale

Before deciding to buy a business, do your homework.  Your investigation must begin after drawing up a shortlist of potential businesses to buy.  Use the Internet and social media to learn about each business prospect.  Pose the following questions to people involved in the same business:   Why is the owner selling the business?  What is [...]

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Employee Performance Management: Time to Reinvent the Wheel

Performance-management systems are broken at the majority of companies in every corner in the world. By teasing apart results of a recent worldwide survey of HR professionals, we’ve seen how evaluations are viewed as a joke by employees, a waste of time by many managers and a non-actionable talking point by some senior executives. Even [...]

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Performance Appraisals and Compensation: A Deadly Mix

Performance appraisals are hated by employees, largely dreaded by managers and often described as ineffective by HR professionals. So why do organizations still engage in this annual exercise? The primary objective, cited by 66% of respondents to a survey by Sibson Consulting, is to distribute rewards based on individual performance. By comparison, just over half [...]

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10 Things Business Sellers Won’t Tell You

“Have you ever dreamed of owning your business and be your own boss?” the ad said. “Report to no one and make thousands of dollars in the process? Sign up now for our exclusive business opportunity. Success guaranteed.” There’s a hidden trend in the past 10 years or so. A trend unnoticed by the general [...]

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7 Tips to Help You Take the Electrical Exam

Have you ever felt well prepared for an exam only to get there and freeze? Well, this happens because getting ready to take a test requires more than just knowing the material, and this is especially true when talking about the electrical exam you have to pass to get your electrical license renewal. Besides knowing [...]

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Why Get an Electrician License?

Today, to work in the United States, almost every state requires that electricians have a license and electrical continuing education. To know exactly what your local government demands, contact the building department of your area to find out about the requisites. Basically, to get the license you have to pass a test, which is composed [...]

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The 6 Principles That Every Study Guide for the Electrician Exam Should Have

There is a lot of misunderstanding when talking about studying for the electrician exam because it is not like studying for other types of tests. It is very normal to see the common approach of teaching the material, but the electrician exam requires that the students be taught the test. To pass this exam, electricians [...]

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What You Need to Know to Pass the Electrical Exam

Today, the majority of states require that anyone doing commercial electrical work be certified as a journeyman or specialty electrician. In order to become certified and be on top of your electrician continuing education, or to get an electrical license renewal, you have to pass the electrical exam, which requires a lot of knowledge and [...]

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Business Interruption Insurance

Business Interruption Insurance, or Business Income Insurance, is one of the most important coverage for a business, but is most often overlooked. It is the coverage that will keep a business up and running or restore it after an event, such as a fire, hurricane or earthquake. Business Interruption Insurance is not a stand-alone policy, [...]

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Social Media Marketing is Like Dating … Real Serious Dating

You think I’m gorgeous, you want to kiss me… You want to hug me… You want to love me… You want to hug me… You want to smooch me… You want to…” – Gracie Hart (Sandra Bullock), Miss Congeniality (2000), Castle Rock Entertainment Why has social media – blogs, social sites, chat rooms, discussion forums, [...]

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Social Media Pro … Maybe It’s Time to Get a Productive Job!

“How many people work here? About half.” That sounds kinda’ familiar when you’re talking about people who consider themselves social media professionals. The age-old statement came to mind when we read a recent blog by Mitch Joell, President of Twist Image and author of “Six Pixels of Separation.” His post was about employees who spend [...]

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The Importance of Due Diligence When Buying a Business

Buying a business requires that you, the buyer, make an informed decision before closing the deal.  Researching about the business starts the moment you are thinking about buying a business.  Start making inquiries from your friends and entrepreneurs in the same industry.  You should read trade and industry publications, and search the Internet.  If you [...]

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6 Tips to Help You Give Instructions on How to Use an ELearning Course

In the past, not everyone used or owned a computer, so when someone came in contact with one, they had to be taught everything, starting from the basics. The same is true for elearning courses. When these started appearing, logically people had to be told how to use them, because they hadn’t been in contact [...]

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