BusinessNews Today

Thursday, September 6, 2007

Business mentality logical and systematic or mental and spiritual

New research from the U.S. Bureau of Labor Statistics suggests that around 80% of the business that start today don’t last for a year, and that most failures of American startups will occur in the first two years of their existence. After that the rate of business failure will slow down greatly!

As you can see those are not so-very-good chances for success starting a business. The business plan itself is a lengthy and overwhelming document that is required for the business to succeed. Most of the business failures are due to the lack of knowledge, or proper planning. Most people that want to start a business come with an expectation mentality. They think that just because they are in business people will come straight out of nowhere and buy their products or services. Only to realized, when they spent all their capital that things did not go the way they thought.

My advice for everyone when planning to start a business is the following; “Don’t expect to get paid ever, in business. There is no payday if there are no sales! People have to understand that if an organization has no sales for their product or services, it has no business. The organization can be called something else except a business.

With that said, one needs to understand that one is selling to other people. The people that one will be selling to are clients, but they’re still people. One needs to be mentally, logically, spiritually, and systematically prepare for them.

In a presentation, Stephen Covey said; we are not human having a spiritual experience we are spirits having a human experience. One has to carry a great will power to venture into any type of business. Nevertheless, one also has to know one’s product or service. It takes a great amount of discipline to continue with ones business. Systematically and logical thinking is necessary to come up with a good strategy. However, what goods is a strategy if one does not have the heart, spirit, and positive mental attitude to undergo hard times in business; especially when one is starting out a new venture!

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Wednesday, September 5, 2007

Interviewing the Neighborhood

I started interviewing people close to me at school and in my neighborhood about what it takes to have your own business or at least to be dependent on your own marketing and selling skills to survive and make a living.

What I learn was that there is a lot of attitude involved. Positive attitude I should say!  The first person I interviewed was an accountant.  I asked him, how did he made the leap of faith? You know, how was the transition between working for some one, than working for themselves?  He told me that it was a big deal.  He wanted to start by the beginning of the tax season of 2005; however, circumstances during that time complicated his plans and he was unable to start during that year.

He has received the first raft of working on his own. He didn't even had the opportunity to start during that year!  It was not until the next year's tax season 2006 that he was able to start his accounting business.  Nevertheless, I asked him what was the way he started, how he gave that leap of faith.  Did he left the job and started looking for clients or what did he do?

He told me that he started looking for clients while he was working.  He build up a client-base big enough to pay for his personal expenses and his business expenses, only then he left the job.

The other person I interview was a merchant,who sells coffee in New York city.  He told that the way he sells his coffee is that he has to learn real good his rout.  Then if he finds out a new convenient store in his area he would go inside the store and speak with the manager of the store giving away the benefits of getting his product and then he would asked for the opportunity to supply the store with coffee.  This is a very simple, but effective way to produce an account.

A Message From Our Sponsors:

Property tax investment is the most viable solution for today.  When there is an increase of foreclose homes in almost every state in the nation and mortgage go through the roof, investing in property taxes will help you succeed in real estate investments. 

To learn and become an expert on property taxes, how you can invest and start your own business in the exciting world of real estate investing with tax properties, I suggest you to visit John Beck Free and Clear Real Estate System. This is a great system both for its content and for the price; for a little less than a $50.00 you can embark in this exciting real estate system and start earning money right away! Other systems will go for more than $500.00. Take advantage today!

Tuesday, September 4, 2007

Money Management For Business Startups

Every year about 600,000 new businesses are launched in the United States. Many people dream of owning their own companies, but starting a business can be risky if not planned carefully. U.S. Small Business Administration data show that more than one-half of all new businesses do not survive at least four years. If being an entrepreneur is your true calling, don’t let these statistics hamper your dream.

According to the New York State Society of CPAs, new ventures can succeed if their owners take the right steps from the outset.

The New York State society of CPA talks about business start-ups hurdles that you can avoid!

Money Management

A Practical Approach to the Successful Practice of 5S

Here is a practice from the Creators of Six Sigma that has been helped bigger business organization structures for years. This practice can be implemented on every business structures. Specially when it is simplified the way the article suggests.

While some Lean Six Sigma practitioners consider 5S a tool, it is more than that. 5S, abbreviated from the Japanese words Seiri, Seito, Seiso, Seiketsu, Shitsuke, is not just a methodology, it is a culture that has to be built in to any organization which aims for spontaneous and continuous improvement of working environment and working conditions. It involves everyone in the organization from the top level to bottom. The Japanese developed this simple and easily understandable words religiously practiced the philosophy of 5S at every aspect of their life and have made it a world wide recognizable system.

A Practical Approach to the Successful Practice of 5S

A Message From Our Sponsors:

Property tax investment is the most viable solution for today. When there is an increase of foreclose homes in almost every state in the nation and mortgage go through the roof, investing in property taxes will help you succeed in real estate investments.

To learn and become an expert on property taxes, how you can invest and start your own business in the exciting world of real estate investing with tax properties, I suggest you to visit John Beck Free and Clear Real Estate System. This is a great system both for its content and for the price; for a little less than a $50.00 you can embark in this exciting real estate system and start earning money right away! Other systems will go for more than $500.00. Take advantage today!

Sunday, September 2, 2007

Property tax - Real Estate Investment System

Property tax, millage tax is an ad valorem tax that an owner of real estate or other property pays on the value of the property being taxed. There are three species or types of property: Land, Improvements to Land (immovable man made things), and Personalty (movable man made things). The property tax rate is often given as a percentage (amount of tax per hundred currency units of property value). It may also be expressed as a permille (amount of tax per thousand currency units of property value), which is also known as a millage rate or mill levy.

To learn more about property taxes and how they work please visit the link below. To become an expert on property taxes, how you can invest and start your own business in the exciting world of real estate investing with tax properties, I suggest you to visit John Beck Free and Clear Real Estate System. This is a great system both for its content and for the price; for a little less than a $50.00 you can embark in this exciting real estate system and start earning money right away! Other systems will go for more than $500.00. Take advantage today!

Property tax - Wikipedia, the free encyclopedia

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