After you write your business plan, your finances will be an ongoing process. This article provides advice on the basics of three statements you’ll need to monitor.
The basics of a business and why you need to write one if you are considering launching your own business
I left work after 10pm one evening this week with my head spinning with ideas – new clients to reach out to, contracts and proposals to write, and wondering how I was going to manage all of it with limited time. I was approached by a woman on the train platform. For those who are [...]
In the early days of my business, I set sales goals using an “old school” model. I would set a numerical target for the number of contacts I wanted to reach by a certain date. For example, I might target 50, 100 or 200 potential prospects in 30 days. Selling was not something that came [...]
I was home recently answering email when the electricity suddenly shut off. Thinking it was just my apt, I went to the fuse box and flicked the switch. No response. I poked my head out of the window and realized that the entire block had also lost electricity as lights, ACs and other noisy engines [...]
Try testing out your business idea before dumping the money into the investment. It can save you alot of headaches in the long run.
Check out my post on Black Enterprise’s blog about my thoughts on the Elevator Pitch competition. I want to check out the video on their site to watch the event again. But in the interim, check out my take: http://networkedblogs.com/40AKd Tell me if you agreed with the judges final results.
For those of you reading my last post, I wanted to explain a critical detail of the last step. When sharing new tasks, I often have the VA complete part of a task and send it back to me for review. While this was typical with any new employee I’ve worked with (particularly one that [...]
One of the biggest challenges with a VA is their distance. They are not sitting next to you when you share your instructions. For people who have never used assistants, I don’t think they realize how challenging this idea will be. It’s not that you can’t communicate through email and other online forums. But it’s [...]