Online Counseling: Small Business Advice about Creativity

Posted in Business Tech by admin on September 3, 2010 No Comments yet


Sometimes in business unusual, different and hostile situations do occur. This was recently the case when G. contacted me. Recently they had been going through some rough times at his workplace, due to issues with some hostile competitors. G.’s boss had recently started frequently demanding that G. and his co-workers ‘Be more creative. Think differently’. G. came to me through my Small Business Advice consulting service and wanted clarification on what his boss meant.
 
To start with I advised G. that before we could understand the concept of creative thinking we first would have to take a look at the ‘regular’ way of thinking. A simple example of ‘Regular’ thinking can be observed in the process that most of us use; say when we cannot find our keys: we search the pockets, then the briefcase, then the table and thereafter the last place that we remember them having been, according to our memory.
 
An expert in the field of creative thinking Dr. Eduard DeBono, labeled this process as ‘Vertical Thinking’: the stream of thoughts moves like an arrow that continues its motion until the target is hit. ‘Vertical Thinking’/’Regular Thinking’ is the more conventional and common type of thinking and decision making. “Vertical thinking” is the ‘logic’, sometimes called ‘analytic’ thinking process. It is usually described as an ongoing flow type of a process, in which one stage of conclusion is leading to the next one, until the best solution is reached.
 
Taking a closer look at G.’s instructions to ‘Be More creative. Think differently’ we can see that his boss obviously wanted him to use an alternate way of thinking. With my experience in Small Business Advice I was familiar with situations similar to the one in which G. Found himself. Many times a simple understanding of the concept of “Creative Thinking” can help to achieve the results his boss was looking for.
 
‘Creative Thinking’ is referred to by Dr. Debono as ‘Lateral Thinking’. The proper way to describe the creative thinking process is sometimes by matching it to a dotted or spiral line that can be related to a birds flight route or a frog’s elastic jump track also sometimes to the shapes of water waves or even at times to a fire works sparking lights. Dr. Debono labeled the process ‘Lateral Thinking’, to reflect the unstructured, not too easy to predict and often irrational pathway of the thinking process. Every creative process has a unique shape, which implies that every creative solution will have its unique and one time original pattern.
 
Here’s an old folk tail to help further understand the concept of ‘Lateral Thinking’.
 
”There was a guy who was traveling in the jungle. One night a monkey stole his hat. The man had another hat but was not ready to just give up and continue his journey. The stolen hat was very precious indeed, being used often for his traveling. The man went to the king lion with a very friendly posture and complained against the hostile attitude that he, as a guest in the kingdom, has experienced.
 
The monkey made it clear to the lion’s aids the there is no chance that the lion’s authority would make a difference. A jungle is a jungle, he reminded them. Our poor guy tried therefore to negotiate, with bananas of course, but there was no prospect for a real deal, since the hat was so precious and the monkey able to get his own bananas. Then he had no choice but to play into the jungle rules, so he threatened the monkey, with his gun. The smart monkey remained cool and warned him that it is illegal and threatened back that it would be cause for an immediate arrest.”

 
So far we have seen the common, known, logic, ‘Vertical Thinking’: we try to be nice, we bargain, and then we threaten. Our story takes us now to the creative thinking process ‘Lateral Thinking’ that the desperate fellow started to employ at this stage.
 
“The man remembered something from his childhood about the various characters that the children used to attach to animals: the lion is strong, the fox is smart, the chicken is afraid… and monkeys are bunch of imitators! They have no ‘ego’ of their own they would imitate and follow what they see…’Monkey see, monkey do.’


In a sudden, but well thought out plan, our fellow started to shout toward the monkey who was sitting safely high above on a nearby tree. The man was loud and sounded very angry. He moved his hands with rage. Then, as an act of contempt, he took his other precious hat, the only one that he had left and put it on his head. He then took it off and threw it hard with a lot of anger to the ground.
 
Our monkey did what his genes instructed his brain to do: he imitated the angry man. He screeched loudly, waved his hands in the air angrily and finally took the hat, and threw it on the ground. The man quickly grabbed it up and went on his way.”
 
Was our hero lucky, smart, genius? Well, it is up to you to decide. My story attempts to show how a spark of memory combined with a good application of common know-how (the genes…) lead to a creative solution that was necessary since the old methods were not effective any more.
 
 
I advised G that we were at the point, in our Online Counseling session, where it should be possible to understand why his boss wanted to see more of the creative, lateral thinking. It is definitely NOT because there is a natural biased preference towards creative thinking, no matter how nice and cultured it may sound. On the contrary: most of our daily challenges are better solved with the ordinary, vertical thinking method. To stress this point I’ll testify that most trainings and improvements processes are giving best results when they present learners with logical / vertical methods of analyzing situations and screening for the best decision that is appropriate for a given case. To conclude this point: the call for the creative thinking approach is neither the natural best bet nor the ‘politically correct’ thing to do.


It is the situation itself that call for creative thinking. Through my Small Business Advice experience, once the situation becomes unique or extraordinarily complex that is when ‘Lateral Thinking’ is called for. It is time now for the creative approach.
 
I advised G that if the company’s competitors were not playing according to the rules or if the common known tactics that had been already employed did not result with the expected turnarounds that your boss hoped for. Then the call for creative measures is justified. It implies that you all would welcome the ‘unthinkable’ thoughts; the non-logical but intuitive and gut-feeling reasoning for your suggestions; the application of new and yet unused ideas and methods; the fixture of your current problems with other tools then you have tried before. Your boss has determined that now is the time to “Think outside the box” for new possibilities and solutions.
 

Originally posted 2010-03-18 15:46:57.

-->

Business Degree Online An Overview Of Online Business Degrees Make Money From Home Very Easy And Free

Posted in Business Tech by admin on September 1, 2010 No Comments yet


Money making online with a home based business. work at home with online income. Freedom working online. + Details. Free Proven Money Making Online Business Marketing Tutorial Long Free Proven Mone…

Originally posted 2009-10-17 00:02:26.

-->

Marsh Report: National Oil Companies Could Benefit by Setting up Their Own Insurance Vehicles

Posted in Business Tech by admin on August 22, 2010 No Comments yet

Norway addresses deficit at city-owned golf course
NORWAY – Norway City Council has adopted the 2010-11 operating and capital improvements budget for the Oak Crest Golf Course. City Manager Ray Anderson said the city received a letter from the Department of Treasury on March 22 giving notice that a debt elimination plan was required for the city’s golf fund and the Norway Utilities Authority.

Read more on The Iron Mountain Daily News

Marsh Report: National Oil Companies Could Benefit by Setting up Their Own Insurance Vehicles
LONDON—-Despite their widespread use by International Oil Companies, new research reveals that only a small proportion of the world’s National Oil Companies own and operate their own insurance vehicles.

Read more on Business Wire via Yahoo! Finance

Originally posted 2010-04-21 13:23:46.

-->

Great Work From Home Small Businesses for the Seasoned Entrepreneur

Posted in Business Tech by admin on August 16, 2010 No Comments yet

One of the major benefits of starting up a franchise business is that most do not require a franchisee to come with any previous knowledge of the industry, because the franchisor is willing and able to teach whatever is needed. But in some cases, entrepreneurs are interested in starting franchises precisely because they do know something about business, because they’ve spent years working for someone else and are now ready to step out on their own and turn a profit for themselves. Among all possible industries to enter, someone with a history of business success should seriously consider a business consulting franchise. There are different varieties of these, but the most prominent categories are coaching, financial consulting, staffing, and franchise consulting. Each approaches other companies with a specific service, but all are perfect opportunities for the businessperson with a long history of experience and success.

Coaching

Particularly in the world of small business, there are plenty of new business owners-franchise or otherwise-who are just starting out, just running into their first big problem, or perhaps even unsure how to best respond to great success. Like an athlete trying hard to perfect his sport and establish himself as someone to be reckoned with, what this budding businessperson needs is a coach. FocalPoint and ActionCOACH are two big franchise names in the coaching world that are able to help smaller businesses with almost any aspect of the company in which they’re struggling. With comparatively low startup costs, these two franchises will take the wisdom you’ve already accrued over your years in business and add to it proven teaching techniques that will enable you to maximize your clients’ success as they enhance and expand their own companies based upon your input.

Financial Consulting

Many small businesses primarily have a problem with finances. They simply don’t understand how to practically manage money, accrue money, or regain money when it seems to be lost. Blue Coast Financial Group is a great work at home business that is skilled at helping their clients solve these kinds of monetary problems. Covering all angles of company finance support, Blue Coast Financial Group franchisees help fellow businessmen with everything from equipment leases to workers compensation analysis and recovery. Particularly if your past expertise has been in corporate finance, there are too many small businesses out there that are more than willing to pay you to help them get back on track.

Unlike Blue Coast Financial Group, however, some finance home based businesses are even more specific in their brand of work, like L & W Investigations, who specialize in insurance fraud investigation. Though this franchisor doesn’t require any previous experience in the field, having a preexistent familiarity with business and/or personal finance can only add to the success of your franchise. It can be personally challenging and morally fulfilling to help insurance companies and legal firms unearth and stop instances of fraud; it helps the company recover losses and ensures that premiums stay just a little bit lower for honest insurance buyers.

Staffing

One of a handful of staffing franchises, Snelling Staffing Services’ sole purpose is providing skilled employees to the employers who need them. With over 50 years in the industry, Snelling Staffing Services has the ability to match your business intuition with knowledge and systems that will help your business succeed. Though this franchise may be on the expensive end of things, it’s the perfect work from home opportunity for any business veteran who knows what makes a great employee, which is a skill that will make a huge difference in the long run for any client.

Franchise Consulting

Another profitable opportunity is the business of franchise consulting: helping men and women through the process of finding and starting their own small business franchises. FranVentures and FranCorp are two of the industry’s leaders in this field, having spent the last 25 years connecting innumerable people with franchises matched to their skills, finances, and goals. This route is perfect for the entrepreneur who knows how to read people and connect them with the right business, no matter what it might be. FranCorp even comes complete with a built-in system to expedite selling your franchise in the event that you decide to move on to another field or retire altogether.

Anyone who has lived a life of business knows how difficult it can be, and they can see the warnings, pitfalls, and signs of potential success in another business far in advance, giving clients enough time to respond accordingly. This is precisely why business consulting franchises exist, and why it is so beneficial when seasoned businessmen and businesswomen are involved in them. If you have spent your time in business, purchasing a business consulting franchise will enable you to profit others and profit yourself just by lending a knowledgeable, helping hand.

Originally posted 2010-05-14 16:56:49.

-->

Thrive In Recession: What Every Small Business Consulting Professional Should Know

Posted in Business Tech by admin on August 14, 2010 No Comments yet

Businesses with smaller budgets for marketing continue to rely on small business consulting professionals for outside help. But in the face of worldwide recession, who are the clients that need small business consulting?

Let’s take a look at some of the recession-proof businesses which may need your services.

Most surveys indicate that the following small businesses continue to thrive and even experience growth during a recession:

Health services

High on the list of businesses that do well during the recession are dental health services, followed by other health professionals and health care specialists. This seems to be consistent with a market trend observed in food industries that experience an increasing demand for healthier foods and those that promote wellness. When disposable income is low, consumers tend to go back to basics, foremost of which is good health.

Accounting and Bookkeeping services

Maintaining financial records remains a necessity regardless of the business climate. All businesses, big or small, need to keep a good accounting of cash flow and revenues that constitute the lifeblood of a company.

Legal services

The role of legal professionals and paralegals is increasingly important during economic downtimes as businesses and individuals need the services of lawyers to provide legal advice, enforce contracts that may have been breached, collect unpaid obligations or draft contracts.

Financial investment services

Investors nowadays are looking for safe vehicles to invest and grow their wealth so they turn to financial advisors to help preserve wealth and create multiple passive income streams for them.

Equipment rental and leasing

Capital purchases may have been put on hold with slashed budgets but companies turn to equipment rentals and leases instead of acquiring new equipment for business.

Other services

Service professionals in the following fields also experience continuous demand and growth during the recession.

* architectural and engineering services * vocational schools * instruction services (dance, music and sports instructors, driving schools and martial arts studios) * personal care services * other professional and technical services ( veterinary services, photography services, and translation services)

Services you can provide

Many of these businesses are still offline and are seriously considering getting a website for marketing and advertising. As a business consultant, your role will be diverse: helping them get a domain name, setting up a website and getting a hosting provider, supplying content, creating sales copies, optimizing their web pages and maintaining their websites.

These are huge opportunities with lots of growth potential. There are businesses that remain profitable during the recession and one of them is small business consulting.

Originally posted 2010-05-03 20:47:58.

-->

Online Associate Degrees

Posted in Business Tech by admin on August 14, 2010 No Comments yet

If you have not completed any college or university education
after high school and are thinking about getting an online
degree, one of your best options may to be to consider an online
associate degree. These programs are readily available, come in
a wide variety of choices, and generally take about half as long
to complete as an online bachelors degree. Best of all they are
usually half of the cost.

If you are considering moving in this way towards an online
degree then look for accredited programs. Accredited programs
can be transferred for credit at any college or university and
that’s important because you may want to go back and get your
bachelors or even masters degree at some point in the future. An
unaccredited degree may prove to be worthless, so choose your
program carefully.

Here are a few college level programs that you might wish to
consider for your online associate degree.

American Intercontinental University is an international
university with campuses in Georgia, California, Texas and
Florida in the United States, as well as England and the United
Arab Emirates. AIU Online offers distance learning programs that
grant accredited bachelor, masters, and associate degrees in
Business Management, Healthcare Management, Marketing, Criminal
Justice, Visual Communications, and Education. AIU Online
programs and degrees are accredited by the Commission on
Colleges of the Southern Association of Colleges and Schools.

Ashworth College is a nationally accredited distance learning
school that promises to provide you with online classes
supplemented by authoritative textbooks and study guides that
are mailed to your home. They offer online associate degree
programs in Criminal Justice, Business Management, Health Care
Management, Computer Information Management, Accounting,
Paralegal Studies, Early Childhood Education, Human Resource
Management, and Psychology.

National American University is accredited by the Higher
Learning Commission to grant bachelor and associate degrees
online. They offer online associate degree programs in Applied
Management, Business Administration and Information Technology
as well as an Associate of Science Degree in General Studies.

Crown College offers an online education that combines the
traditional arts, sciences and humanities with the professional
disciplines related to these fields. Their online Associate of
Science degree in Criminal Justice program provides the graduate
with the capacity to compete for jobs in Law Enforcement,
Community Corrections, Prison/Jail Officer, Private
Investigations/Security. Their online Associate of Science in
Paralegal Studies degree provides the graduate with the skills
to compete for jobs as a Paralegal, Court Clerk, or Judicial
Assistant

Originally posted 2009-11-13 12:51:25.

-->

Wgu Commercial–a Smarter Way To Learn (60 Sec.)

Posted in Business Tech by admin on August 12, 2010 10 Comments


http://www.wgu.edu/life, Western Governors Unviversity is a smarter way to learn with affordable tuition and flexible schedules. WGU offers accredited online degrees in business, healthcare, educat…

Originally posted 2009-10-20 01:08:11.

-->

Weighing the odds for gambling’s impact on South Florida

Posted in Business Tech by admin on August 10, 2010 No Comments yet

CN says its precision railroading model and customer-centric innovations are improving rail service
CN said today that customer-focused innovation and balanced accountability among transportation partners are the keys to improving the effectiveness of Canada’s logistics supply chain.

Read more on CNW Group via Yahoo! Finance

Weighing the odds for gambling’s impact on South Florida
It’s a Friday night in South Florida, and as the sun sets, Debbie Ferguson of Palm Beach Gardens tries her luck at the Five Dragons slot machine inside Miami-Dade County’s newest casino, Calder Race Course.

Read more on Miami Herald

Originally posted 2010-05-04 14:44:49.

-->

Small Business: Importance of Security Management

Posted in Business Tech by admin on August 7, 2010 No Comments yet

The average small business owner immediately thinks about the costs to implement something, not necessarily how it will help his business.


Of course, this reaction varies on the number of security incidents the small business owner has experienced. It is amazingly easy to convince a client to install a backup system after he has lost his entire customer database.


So what do we do? Nothing in the business world exists in a vacuum. Especially security, we need to look at security as an enhancement to the business. Not just as an expense.


Security can be a somewhat vague concept. So let us break it down into segments and define what it really means.


Physical security is the actual measures you take to protect your premises and equipment. It could be putting locks on your doors or hiring a security guard to control access to your building. Information security means taking actions to safeguard your data, both electronic and printed. This consists of adopting security policies and imposing an electronic authentication and control system on yourself and your employees. All of this enhances productivity by creating an environment that functions smoothly.


Clearly defined security practices are necessary to avoid over control. These practices can greatly enhance the productivity of your employees by reducing down time.


Security professionals need to balance the need for securing the network against the possibility of hindering productivity. In the real world, security can be too tight.


All it takes is one virus to demonstrate how security vulnerabilities can destroy productivity. Another of the benefits to implementing a quality security program is the increased ability to control costs.


In the planning stages, you need to gather information on all of your vulnerabilities and assets. A good inventory plan will be necessary to complete this stage. Once finished, it will assist you with managing your resources.


A through business survey will identify areas of your business that need improvement and areas that perform especially well. Knowing these strengths and weaknesses will allow you to allocate funds with more certainty.


Growing a business is not just about getting new customers or keeping the ones you have. It is also about managing your resources and controlling costs. Asset management is a big part of this. How much control do you have over your business? Are you spending money in places you shouldn’t? How do you know?


Look at security and inventory control as a means of enhancing or managing your cash flow. Almost 40% of small businesses fail every year because of cash flow! Will one of them be yours?


As a small business owner you must, yes must, accept that computer security is necessary in this day and age. Failure to implement a strong security program leaves your business open to exploitation and compromise.


Right now, go online or to the yellow pages and find an IT consultant to assist you with securing your business. Do it now!

Originally posted 2010-03-31 14:19:31.

-->

Development Grants, Business Finance & Small Business Insurance Secrets

Posted in Business Tech by admin on August 6, 2010 No Comments yet

Given the current dire straits of the business economy, many business owners are retaining business consultancy firms to source development grants & business finance to help fuel their business growth.

These same owners are also employing business consultants to identify savings on their small business insurance. Consultancy helps business growth & business development by developing business ideas & offering business training.

In this first of three segments I will deal with business resources and business loans and discuss how business assets and resources can be used to source business loans for business growth.

Development Grants, Business Finance & Small Business Insurance Secrets For Companies #1 Business Resources & Business Loans

It is said every business can be judged from its balance sheet which depicts a clear picture of its resources including its assets and its liabilities. It is also important to understand that a successful business leverages its assets wisely to generate resources and reinvests in the business. A business is also known from the quality of assets it creates.

The assets which a business generates over a period of time may be mortgaged to avail businesses loans and financial institutions look for tangible assets like real estate, buildings, and inventory etc. to advance credit facilities to businesses.

It is therefore necessary for businesses to invest their profits in quality assets and utilise those assets intelligently to raise further finances. This is a cycle which if used effectively, makes Business Resources And Business Loans a useful business philosophy at all times.

It is a well known fact that the rate of return or the return on capital employed is always higher than the interest rate on loans and funds borrowed from banks and the financial institutions.

As the liquidity situation in the world improves, banks and financial institutions are eager to lend and businesses are in a position to negotiate the lending rates. Lower rates of borrowing eventually translate into higher profitability and higher rate of return on capital employed.

A wise entrepreneur can use lower rates of borrowings to his advantage and business growth can be exponential as this cycle continues. The International Business Guru advises businesses on different business management systems and methods which help business leaders to milk their resources fully to generate cash and redeploy it in the business.

Different business consultants and business consultancy firms stress on mortgaging of assets as an effective business finance tool. Business loans therefore play an important role in improving business efficiencies and profitability and business assets can be used as effective tools for business development and growth.

In this second segment I will focus on business ideas grants for small business discusses about availing grants for small business with great business ideas.

Development Grants, Business Finance & Small Business Insurance Secrets #2 Business Ideas Grants For Small Business

Every entrepreneur brings with him many new ideas which are put to use in the enterprise to create value for the customers and stakeholders. It is said an enterprise is all about finding the right business ideas and implementing them through a successful enterprise.

Once the business idea is thought of, the next important step is to get the business financed through different sources. Various government bodies provide business development grants to budding entrepreneurs to attract them towards setting up their enterprises.

Some of these development grants are for business training and for other aspects of business growth and development.

The business ideas which focus on delivering value added services and products in an innovative manner are the most preferred ones for business grants. The theme Business Ideas Grants For Small Business takes a closer look at the business ideas and grants available for setting up small businesses.

In the United States many state development agencies offer grants to small businesses to start or expand the business. The International Business Guru is an excellent motivator for small business entrepreneurs and says small enterprises need robust business ideas that can successfully grow the business over a period of time by offering value added products and services to its customers.

While many may argue that it is difficult to bring out products in the categories where there are already established players, it is important to understand that the spirit of an entrepreneur lies in finding out the gap between the needs of the customers and the products currently on offer, and filling that gap by right products.

A good example of innovation in a product can be a solar powered outdoor camera when most of the products available in that use conventional battery cells.

Many business consultants and business consultancy firms provide business training on successfully converting innovative concepts to workable business ideas.

Government bodies also encourage budding entrepreneurs through different training programmes to set up innovation driven enterprises. Entrepreneurs need to continuously re-invent themselves to sustain the fast pace of business development and growth.

In this third segment I will focus on the importance of utilising consultancy to help a business organisation protect its assets by ensuring they have adequate insurance and how to get the best out of your insurance company.

Development Grants, Business Finance & Small Business Insurance Secrets #3 Business Insurance & Small Business Insurance Every business organization possesses business assets which are vital to its operations.

As the business organization progresses financially and grows in size, it invests in assets which have the tendency to either generate additional income or which can be leveraged to raise capital.

Business assets are therefore the vital pillars on which an enterprise rests. In addition to tangible assets such as real estate, buildings, machinery etc, intangible assets such as intellectual capital, knowledge are also crucial and of immense value to a business organization.

It is therefore important that these assets are rightly protected from various risks so that the business organization is not subjected to losses in the event of loss or damage to an asset.

The most crucial protection to an asset is provided by securing the asset through insurance plans and Business Insurance And Small Business Insurance takes a closer look at some of the important aspects of protecting the assets.

Before insuring an asset, it is necessary that it is valued appropriately and in case the asset has a tendency to appreciate in value, then the appreciated value should also be factored in the valuation at the time of insuring.

For small businesses this is extremely crucial. If the assets are physical in nature then they need to be insured against perils such as fire, earthquake, floods and other natural calamities.

Many business consultants and business consultancy firms have designed business training courses to address the insurance aspect of business organizations. Insurance companies have also come out with innovative insurance plans that can be customized to the specific needs of business organizations.

In addition to the real assets already discussed, other assets such as inventory and capital equipment such as production machinery and office equipment should also be insured with appropriate insurance covers.

As stated by the International business guru, more than anything else, business insurance provides a complete peace of mind to every business owner and business leaders and enables them to focus on important business matters like business development and business growth.

Originally posted 2010-03-22 12:31:25.

-->