Posted by: admin in Credit Cards,Debt,Economy on June 9th, 2012

 

We have heard numerous stories of people drowning into a sea of debt after using (or abusing) their plastic money, or credit cards which make many people think that credit cards are bad and will just just bring about financial doom. On the other hand, there are also many entrepreneurs who successfully use their credit cards to bank roll their businesses. By observing the right practices, you too can make your credit card work for your own business. Here are some tips that you can follow:

Pay the total amount due on or before the due date to stay in good standing. If you pay an amount that is less than the total amount due, you become a borrower and would be charged an interest of 2.5 to 3.75% a month, depending on the credit card issuer. If you pay after the due date, you will have to pay a late payment fee.

Take advantage of the cash advance facility. If you have several credit cards, compare the rates and terms so you could choose the most advantageous for you. Remember that you have to have the cash to pay your bill come due date.

Ask for a waiver of fees if you are a good payer or a long-time card-holder. Some banks may consider waiving your annual fees on your account if you are in good standing.

Use your credit card to monitor your cash flow and operational expenses such as utilities, office supplies, gasoline, etc. This can serve as a tool to analyze your business’ expenses and cash flow requirements.

 

 

Posted by: admin in Business,Economy,Management on January 14th, 2012

 

‘If you aren’t practicing and playing to be first, then maybe you shouldn’t be an entrepreneur.’ These are quoted by Robert Kiyosaki, well-known author of Rich Dad, Poor Dad series of motivational books about business and financial literacy. Indeed, being an entrepreneur entails more than having enough financing or capital to begin a business, rather it involves risks, thus the need for due preparation and careful planning and execution.

To be a successful business owner, one should have the creativity, the attitude, the character, and the passion. One should be aware of the risks of going into entrepreneurship and also have the character to delay gratification until he or she gets the reward or return on investments. A true entrepreneur should also have the talent, skills, knowledge, and passion to successfully operate the business. Entrepreneurship will most certainly lead to unlimited opportunities to make money as opposed to becoming an employee that offers fixed salary on a given period, say monthly. The time and effort you exert into your business will determine how much money you will earn accompanied by you delivering the right product or service to the right market at the right time. This way, you have a better grasp of what you want to achieve for your business and set goals for future.

By establishing your own business, you are also able to enhance your ability to overcome challenges and difficulties, after all, you are your own boss. You are able to learn how to secure and manage resources at the same time that you are also able to help others by employing and providing income to augment their finances as well. An enterprising culture is also developed as you hand your business to your family or children making them self-sufficient, thus contributing to a self-sufficient community as well. Finally, let me end this article by another quote from Mr. Kiyosaki regarding financial freedom, ‘People who refuse to open their minds to new strategies seldom become rich, which I guess is why there are more critics in the world than rich people.’ Enough said.

 

 

Posted by: admin in Business,Economy,Management,Marketing,Sales on October 27th, 2011

The process of acquiring a full blown system for a business or a company could be very tricky and is quite a daunting task for business owners. Businesses- whether big or small- must properly select from a variety of business tools and solutions that would give them a competitive advantage in conducting their day-to-day operations. The benefits derived from these tools and solutions could be dramatic and make a big difference in their bottom lines.

To stay competitive, effective marketing strategies are critical for your enterprise to target prospect customers that ultimately increase your closing ratio. Your marketing plan should help you achieve retention of your service or product’s core message. It would also be great to have every prospective customer right on your target through assisted living marketing ideas that let you organize your leads, plan and manage marketing activities for prospects, and effectively allow you to communicate with them. All the key data, lead source categories, referral classifications, reporting search criteria, prospect preference information, among others are organized and precisely kept as a tool for a company’s own information requirements.

There is also the senior housing software solution that helps a company implement its integrated information system that provides a competitive advantage in terms of management information accessibility. This tool is crucial for meeting the company’s revenue commitments and acquiring easier and faster access to information that could give an enterprise better operational and cost control. Your company could benefit from simplifying the process for acquiring a full-blown system through assisted living facility management that gives your business the capability of offering end-to-end chain management services for your company and helps track your daily and monthly expenses against your budget, vendor invoices, gross payroll, and other important data.

The competition in the market may be so tight as new and existing products are all around and it can be very challenging for you especially if you are a start-up business. With effective marketing tools and ideas available, even small and medium enterprises could level the playing field for business more than ever before.

 

 

Posted by: admin in Business,Economy,Marketing,Print Media,Printing Services,Services on September 10th, 2011

With the economic downturn, businesses started to understand what stakeholder relations was all about: that they have to take proactive measures in building customer trust beyond self-serving advertising and press releases. Great customer service always wins the day for businesses. However, as entrepreneurs, our main focus is running a business. We normally concentrate on marketing effectively and reaching revenue goals for our company and client base. It is then crucial that we choose business solutions and tools that would give us a competitive advantage.

The benefits derived from print solutions make a big difference in a company’s bottom line. This is precisely true in a marketing department where time-consuming printing requests are always needed. A company whether big or small can take full advantage of a reliable system provider with a highly seasoned management team for all local print and promotional materials needed by their company. A great marketing support, brand management, and printing for your company would make it superior from the competition. A sensible and more practical approach on commercial printing will give your company a big advantage in conducting its da-to-day operations.

Acquiring a solution like an efficient printing service is critical to implement a company’s integrated source system that enables all authorized end users to access, customize, and order the needed printing materials. This is made possible by a comprehensive online management tool essential in meeting the company’s revenue commitments and getting easier and faster access to information and tools that could give it better operational and cost control. This is also helpful in protecting corporate branding, positioning and managing of your business. Indeed, printing fulfillment services are well taken care of from order processing and production to distribution and more.

More and more companies are finding the benefits of simplifying the process for acquiring a full-blown system for their companies. Through a reliable printing services company, you too can give your own company the capability to offer end-to-end supply chain management services to conduct your marketing operations. The big difference relies on taking the extra pains to gain a deeper understanding of a company and the business as the client. Remember that exemplary customer service will get return business more often, bring in new business constantly, and get the best results from existing customers.

 

Posted by: admin in Business,Economy,General,Services on April 17th, 2011

Conducting a company’s day-to-day operations to stay competitive could be quite a challenge. Businesses whether big or small face the task of conducting and utilizing a variety of business tools and solutions to stay competitive. These tools could make a big difference in their bottom lines and the benefits derived from them are indeed great.

Financial reports and data could be laborious and complex to a point that it hinders companies from focusing on doing what their jobs entail instead of dealing on their core competencies. To simplify the process for acquiring a full-blown system for financial data reports and analyses, strategic financial analysis is precisely the solution companies need for their own data requirements. Through this system, detail analyses of items in finances are identified and presented in both  graphical and numerical formats. Other crucial data such as income statement components, balance sheet, performance ratio comparisons and many others are also carefully provided that are essential to achieving a company’s revenue commitments. In addition to this, bank data processing tools provide a faster and easier access to information that could give a company better operational and cost control. This could  also provide a company its capability of offering end-to-end supply chain management services to its clients.

Various features and products allow companies to continually enhance their existing systems as they grow. Depending on their requirements, user companies may choose to scale up the features by choosing formats customized to their specific needs. Industry experts and professionals with years of experience are also available to ensure effectiveness and provide assistance in the implementation of business solutions to meet the data-presentation needs. A ubr report, for instance, could give valuable inputs to the company’s business processes on top of the standard technical support for customizing its services. This is indeed an added service that is a great help to companies especially to those that have just established its operations.