Today's Business Professional

The term “Business Professional” evokes a certain persona. We think of the person in a business suit, with a brief case, going to an office to do business. The vision includes ‘in person’ meetings with business colleagues and clients, reporting to a boss or supervisor or in some way being accountable for one daily output or production.

This is not necessarily the persona today. Many business professional are now working from home, in their causal clothes, even, sometimes, their pajamas. They are accountable to no one but themselves. They carry no brief cases and their business meetings are conducted via the phone, video connections and the Internet. This is today’s new business professional.

What is necessary to conduct business in this fusion? Well, almost certainly, an Internet connection and a phone (although the phone may be an adjunct to your Internet connection). You’ll need a business plan/strategy and the knowledge to implement it. You won’t have to devise all these plans and strategies yourself, there are many business opportunities already researched and laid out for one to follow. Some opportunities require a great deal of thought and implementation. Others just require you to follow a plan.

It is helpful to have an array of business tools and skills. Or, at least, access to resources that can provide the tools or skills needed for one’s business transactions. The best business people have learned to utilize other people’s skills to carry out certain aspects of their business. One need not be a “super sales person” to sell their own products. One need not be a “great” graphics designer to produce that “great” promotion piece. Need an article directed at a particular niche, you don’t have to be a “great writer,” you’ll find an abundant supply of PLR (Private Label Rights) articles oriented toward virtually any niche you can imagine. And so it goes with almost any aspect of today’s business.

Virtually all skills, tools and resources one needs to conduct almost any kind of business are available on the Internet. Need someone to “sell” your products — create an affiliate program and enlist the help tens to thousands of willing and able “sales people.” Need graphic design for a promotional piece or a web site design? Run a simple Google search for the type of project you have in mind and you will find many qualified associates to work with.

Want to promote your own product, then maybe you need an SEO (search engine optimization) consultant to help you be found by your target market. Or do you even know who your target market is? There are many researchers available on the Internet who can help you define and find just the right market segment.

Many “New Business Professionals” do want to do all or most of the actions making up their business themselves. Whether you want help with the actual actions comprising your business or want to do it all yourself, the Internet can increase your reach and the perception of your size. People want to deal with the largest, best business they can find. With the proper plan and strategy, your business can fit the bill. Having as much business knowledge and as many business tools possible will help create the success you desire

Cash Flows . Timing Is Everything When It Comes To Financing Business Cash Flow And Capital Management

Working Capital is an area of business that requires solutions that revolve around timing. Timing is everything when it comes to the fundamental problem of managing and solving the cash flow conundrum!Let’s examine some of those solutions using the example of a company trying to grow… which is what it’s all about is it not?!

This is when what we could call your ‘ cash flow cycle ‘ needs to be both understood… and addressed. That’s because the concept of timing has just kicked in … your have produced your goods or provided your services and a specific amount of time has lapsed as you now generate revenues via invoicing… and wait for payment. It’s no secret that that whole cycle varies between each company and industry. But whether your cycle is 30 days or 120 days the effects of that timing require certain activities to be financed.

The timing around this cycle, as well as the solutions that your bring to bear makes or breaks your overall liquidity and solvency – aka ‘ Survival’!Example of the need to finance that cycle are should be quite clear – your firm must buy supplies or inventory, at the same time taking on payables. Wages and salaries must be covered and then you’re in the waiting game when it comes to delivery and acceptance of your goods and services, as well as final payment from your clients based on your credit terms. It’s therefore no secret to the business owner to see that using our example it can easily take those 30-120 days for a dollar to in effect flow through your company.

Again… it’s ‘ timing’!When you look at your balance sheet you see that the ratios of current assets and liabilities have also changed dramatically. You’re unfortunately less liquid and this can only be solved by financing the shortages you have carried. Of course your customer could pre pay you in advance for orders, or pay you ‘ cash on delivery ‘ but that’s not the perfect world we dream about.Financing business cash flow is all about monetizing and managing your assets.

Solutions in Canada include:

Receivable financing
Commercial bank lines of credit
Asset based lines of credit
Sale lease backs
Tax credit monetization
Purchase Order and Supply Chain financing

Utilize one or a combination of solutions to manage the ‘ patterns’ of financing that your business needs. Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist your with putting together a solution that addresses the timing of cash flows and capital in your business.

Business Credit Cards Help Businesses Manage Finances

Business owners are faced with more than just the direct challenges that are a result of operating their businesses. Not only do business owners have to perform the duties of their specific business; but they also have the responsibility of managing any staff, and keeping track of finances.

Business finances can be a nightmare! Most business owners are very pressed for time, trying to get everything accomplished- and it could be their record keeping suffers as a result of the lack of time. Business credit cards can help you resolve this situation, and actually save you time and money. You might be wondering how a credit card could save you money, considering they have interest fees and finance charges and all sorts of “hidden” expenses; but with the right business credit card, your financial record keeping will not only become easier to manage, but will in fact reduce the time it takes you to pay your business expenses and saving that time will result in your ability to put your time into money-making activities.

Pay All of Your Business Expenses With a Single Credit Card

The first step to easier financial management and record keeping is to obtain a business credit card and designate it your one-and-only method for paying your operating expenses. Whenever you need to purchase business supplies, make a utility payment, order lunch for staff appreciation day you’ll whip out your new card and that’s where the charges will go.

That means you won’t pay with a personal check and have to transfer funds later to make sure you’re keeping your business and personal money separate. Using a single credit card for all your business needs means at the end of the month, you’ll receive a statement that itemizes every expense you had for the month.

Have you discovered the value in this yet? When you pay for everything on the single credit card, you’ll receive a single statement with a list of everything you’ve purchased or paid for, all in one- convenient place! You’ll easily be able to divide your expenses into categories for tax reporting purposes, and see at a glance what you’ve paid for the month versus what your business income was for the same month.

Give Key Employees a Business Credit Card

If you have office managers or other staff that have to make purchases for the business from time to time, there is a simple solution to this situation as well. Simply order additional business credit cards in the employee’s names and all of their purchases will appear with yours on the itemized statement. Many credit card companies will divide the purchases by each of the credit cards you have on the statement, so you can also easily see at a glance which cardholder made which purchases.

Easier Checkbook Balancing

Once you’ve begun making all of your business purchases and expenses using your business credit card, you’ll find that keeping your checkbook under control is a much easier task! Rather than having numerous entries throughout the month, you could very well have only the need to write out just one check each month to pay your credit card balance. It’s much easier to balance a checkbook with one or two transactions than one that has a few hundred checks and ATM card purchases going through each month!

Additional Benefits of Using Business Credit Cards

In addition to each of the benefits described above, using credit cards for business expenses makes it possible for you to earn rewards from various rewards programs offered through card issuers. You could be earning cash back or airline miles, among other benefits, that build up rapidly when you use your card to handle all expenses each month.

Writing an Excellent Business Plan

It takes a lot of hard work and dedication to start a new company, and several other factors that require quite a bit of effort and hard work. Before a potential business owner actually starts the company, he or she must carefully plan out the basics and specifics of what the company is going to do and how it will do those things. Preparation is the key to starting and maintaining a successful business.

Entrepreneurs who have high ambitions of creating and owning a new company must begin the process by creating a rough business plan. A business plan helps the new owner to sort out all of the details and necessary arrangements of the company. The plan itself covers many different principles of the company’s regulations and inner workings.

The first creation of the plan will not be perfect, but it should include a general outline of what the business is going to accomplish. After some time, however, it should be trimmed, edited, and solidified until it eventually becomes an official business document. With a professionally created business plan, the implementation and creation of the actual company can more effectively take place.

Once they have realized the true importance of having a business plan, new business owners must also learn how to write a business plan and exactly what kind of information to put into it. There are many different things that can be included in the business plan that establish the foundation of success and growth for the company. It must be organized extremely well and should be designed so that anyone can read and understand the specifics of the business.

A plan’s introduction is exactly what it says it is: an introduction to the company. The introduction should carefully outline the goals and objectives of the company and put them into phrases known as mission statements or company slogans. If a business theme or motto can be created and put into the business plan, this will greatly enhance the productivity of the business in the future. Every owner and employee of the company will know, from the very beginning, where the company is headed and what direction that it should go.

The most important part of the company’s business model must also include specific directions on how the company will achieve its goals and objectives. It describes absolutely everything that the company will do, obtain, purchase, and sell in order to grow and be successful. Once again, these specific procedures and information should mainly revolve around the principle idea of the company’s theme that was created and implemented at the beginning of the business plan.

At the very end of a company’s business model it generally describes to people where the company will hopefully be in the next ten to fifteen years. This part of the business plan allows potential owners to express their future dreams and allows others to see what the future potentially holds for this specific business.

When properly written and implemented, the company’s business model will ultimately impact the success of the company and will help sustain it in the future. Organization and compulsiveness are the keys to an effective business plan.

Learn How Make Your Trevo Corporate Business Grow

Trevo Corporate History

Trevo is a Network Marketing Company that was started by Mark and Hollie Stevens who are very well experienced in the MLM Industry and their headquarters is located in Oklahoma City. But if you are in Trevo Corporate you may be asking yourself if its an excellent way to make money or not?

The Trevo Corporate Product

Well first of all the companys main objective is to be able to revive the body into good health by offering a nutritional product or beverage that contains tons of nutritional supplements such as camu camu berry, acai berry, mangosteen, maqui berries, goji berries I mean I could go on and on.

These products are also good for losing weight, having more energy, reversing the aging process while building up your immune system. This nutritional drink is about 32 oz in size and you only take need 1 to 2 ounces daily. Another good thing about it is even safe for kids to take it.

Trevo Corporate Compensation Plan

Lets talk about the compensation plan for a minute. It seems to be pretty interesting because you can earn income from others who join the business opportunity.

Trevo has 8 different ways you earn money with them:

1. Retail Sales- You can purchase products at wholesale price and resale them at retail price. They also have a Preferred Customers Program that you can enroll in and earn bonuses from it.

2. Power Start Business System  Every time you personal enroll a Life and Health Coach with the purchase of one of their Power Start Business Systems, you get paid based on your qualification and the system your enrollee purchased.

You also gain access to Trevos back office system along with a lead capture system, email campaign and a personal website. Depending on your qualifying level and the system of enrollee purchases the commission is 40%.

3. Matching Bonus- As your team duplicates the matching bonus is 20%.

4. Group Volume Commissions- Depending on your qualifying points earn Group Volume commissions $10 for the first and second generations of your group. $5 for third through eigth.

5. Bulk Pack Commission- First through fourth generation receives commission up to $183.

6. Pool Bonus- Up to 15% paid out to of companys group volume.

7. Leadership Bonues and Incentives- Earn up to $1,500 monthly for a luxury vehicle as well as trips.

8. Charity Bonus- Charity donations

I personally am not in the Trevo Corporate Business Opportunity but it seems like they are a really good company to work for. I am going to share some secrets with you just in case you are one of the many trying to figure out how to seriously grow your business.

Most MLM Companies focus on sponsoring and recruiting a ton of reps. Their aim is on telling people to be duplicatable by getting out here and recruiting family members and friends while standing around talking to people.

The problem is most of the time family and friends are the ones that arent really interested in your business anyway.

Which is the main reason why 97% of distributors are falling in this industry.

Secret To Trevo Corporate Sucess

If you are an independent distributor for this company then the secret to being successful is learning how to market and generate leads for your business. Personally this company wont teach you how to do this because marketing isnt duplicatable. Especially when the companys main goal is on recruiting tons of people as fast as they can.

One of the main reasons you need to learn how to market is because you may have a hard time trying to persuade people into buying your products if you are unaware of what you are doing.

Unethical Behavior In Business

The sad truth is there are people who part take in unethical behavior within the workplace. Unethical behavior includes a variety of activities. Some unethical business behavior may include lying and changing the number of hours they have worked, making a long distance phone call on the business phones, and copying business software so they can use it at home. There can be more serious unethical behavior such as altering business records. There are also behaviors which are deemed as unethical and behavior that is illegal but ultimately is up to the business to decide if the behavior is illegal or not.

When a employee discovers someone that is being unethical, it can sometimes test what their own ethical values are. Sometimes behavior that is unethical and not illegal can fall under a grey area such as, what is right or wrong and can make it difficult to know what to do when they encounter it. However, people will also have different opinions on what is ethical and what isn’t. An example could be saying that it okay to say a white lie, and they make it okay because they can justify it their mind.

The employees own sense of what is right or wrong, comes into play when they witness someone else doing something that isn’t part of the companies standards. The employee will need to address how they are feeling about the activity and will they inform on the activity or do they turn a blind eye.

When the employee witness the employee doing something unethical a decision is made in what to do about it and so they are presented with a number of difficult options. Should they go and talk to the person or do they go and speak to the supervisor.

There are techniques that are put in place to make it easier to help with the decision and manage unethical behaviors. The company needs to create a policy for the company, that is signed by each employee so, they are aware on what to do. This will minimize the awakened feeling of what to do when seeing someone act unethically.

The second part is to show a outline of what will be expected of the person when they discover someone doing something unethical. It should also have the person that needs to be contacted and what the process is involved in doing so. Having a clear set instructions, will have a more proactive way on reporting on someone who is doing something unethical. So, by having this it can deal with this issue easily and quickly before it becomes a big issue.

The consequences should be clearly stated of what the unethical behavior is. That way, the person who witness the activity is aware of what to do which lessens the risk of someone not reporting something that is unethical.

Community Assumptions And Business Responsibility

Social responsibilities lay in business framework
Most people think of business simply as a way to generate money. While this may be a primary motivating factor for some, it also carries many underlain responsibilities. Business owners become part of the infrastructure of the community. They supply a service or product which fills a need of the community.

The common bond linking community and business lies in each others realization of shared assumptions. Business realizes they fill a need, desire or fixation of the community and the community realizes who their contributor is. While community can survive without business, business on the other hand cannot exist without community. No community is self sufficient and no business is customer free.

Business must develop social programs and policies that can be seen as responsive to social expectations, but not necessarily limited to socially demand. A firm having social awareness is in tune to its customers requirements as well as its viewpoint.

There are three main driving forces between business and society:

1. The idealistic outlook: primarily relates to principles and social responsibility,
2. the institutional outlook: Its expression of social responsiveness
3. the organizational orientation: primarily relates to policies and management of social issues.

There are four Basic Models of Business Relationships
1. Humanitarian – adhere to principles of compassion and reinvesting into the community
2. Ethical – adhere to principles of honesty and decency
3. Legal – adhere to all laws and regulations
4. Economic  adhere to making a profit.

While a certain responsibility lies in being a good corporate partner and citizen, the most fundamental business responsibility is that of economics. The primary reason for being in business is to make a profit. Business exist for generating revenue for the business and in so doing, provides revenue for its employees. All other business responsibilities are based or established upon economic assumptions which is the responsibility of the people in charge. Without this statement the prognosis of future success becomes nothing more that arguable considerations.

While plotting a course of action, businesses are expected to operate within the framework of societal law, thus carrying the burden of legal responsibility. Likewise, legal responsibility is restricted to the letter of the law, while the spirit of law is
reserved for ethical reasoning.

Next, businesses are expected to have an ethical responsibility which is defined as any and all activities or practices which are either expected or prohibited by society members even though they are not written into law. Ethical classifications are further separated from legal activities by use of negative definition: ethical responsibility relates to those social expectations and norms not yet codified into law. In the same line, philanthropic responsibility designates those areas of voluntary social involvement not specifically
prohibited or demanded of companies because of their economic, legal, and ethical responsibilities.

Business also carry as a philanthropic obligation to contribute to its community. This responsibility is discretionary in nature and seen as an investment in future growth. Even though this is not a requirement it is a necessary and sufficient obligation that socially expects from responsible businesses.

Theoretical Assumptions

If the economic role of the business is reduced to the narrow emphasis of profit it then could become blinded to making of contributed economics. This posturing leaves out the need for community relations.

There is another scenario to consider which is in contrast to the ordinary view, the so-called separation thesis. This is when businesses focus either on profits or social
concerns but not on both. This rises a question of debate that businesses can not only be profitable and ethical, but they should fulfill these obligations simultaneously. Can a business be profitable and disconnected from community? In todays world, franchising brings business into a community while being completely detached from community needs.

The clear-cut separation of business from community raises the problem of coexisting within a harmonious environment. Even though a business may appear to be separated the burden of responsibilities still apply. The business provides a tax revenue as well as product, service and employment. There are interwoven responsibilities which represent the stimulus for economic considerations.

The social pressures imposed on todays business are decreasing in importance, whereas economic and legal responsibilities are a requirement and ethical practices are vaguely expected, charitable contributions although desired, are completely voluntary.

A good business citizen, while striving to fulfill all its responsibilities, will actually apply
the necessary priorities to secure its status in the community.

Businesses have a responsibility that goes well beyond the demands of law and common morality. They set as examples of good moral judgment and community responsibility.

Happy Trails

An Introduction To Japanese Business Culture

When doing business in a foreign country it is always vital to understand differences in culture. This helps to avoid misunderstandings and allows development of positive and long-lasting business relationships. Knowing the differences in business etiquette between British and Japanese culture could be what lands you a lucrative contract or a lucrative new job. While Japanese businesspeople understand that you will not understand all of their culture and business etiquette they will notice and appreciate your genuine efforts.

Relationships
The Japanese generally do business based on personal relationships. Being introduced by a person who has a good relationship with the company is very helpful. You may be given a small trial to prove yourself. Even if this request is non-profitable, completing it quickly and well helps develop a long-term relationship.

Gift Giving
Gifts are very important in Japanese culture. Always give a small gift at the end of a meeting to the most senior member. Consult with a Japanese person on an appropriate gift. Many flowers such as camellias are associated with death and potted plants encourage sickness. If you receive a gift, do not open it in the presence of the giver.

Business Meetings
Meetings should be arranged by telephone well in advance. Punctuality is imperative. Seating is arranged with the most junior member nearest the door and the most senior furthest away. Do not be surprised if meetings contain several people, even if you thought it would be a one-on-one meeting. You will be expected to have a document containing information about your company, testimonials from customers and other companies and newspaper or magazine articles. It is best to come to a meeting with your best offer, as this is what will be expected.

Communication
Consensus and group decision-making is the norm in Japanese culture. Questions should be phrased in such a way that even negative answers can be given with a yes. For example Do you think this is a bad idea? rather than Do you agree?. Japanese businesspeople may be silent while considering issues and may close their eyes while listening carefully. Confrontational negotiation styles such as raised voices or anger will be frowned upon. Contracts are generally broad with room for re-negotiation and flexibility rather than rigid and point-by-point. However, written contracts are always expected.

Business Dress
Japanese business culture is quite conservative and avant-garde fashions will not be appreciated. Conservative business dress is always appropriate in Japan, especially for women. Suits should be dark-coloured without flashy accessories.

Business Cards
Business cards are very important in Japanese culture and you should always have a ready supply. The quality of your business cards and their condition is highly important also. When you receive a business card examine it carefully and treat it with respect. After meetings, place received business cards in a special case. Investing in business cards written in Japanese is a gesture of goodwill that will be appreciated. Give and receive business cards in both your hands and with a small bow.

Don't Just Look For Jobs, Look For Business Opportunities

There’s an ongoing debate whether it’s better to look for business opportunities or jobs. Well, the benefits of business opportunities are looking brighter than that of jobs.

Nowadays, with the uncontrollable spurt of online jobs and business opportunities alike, people who want to make money online are more confused than ever. If the dilemma used to be just between finding an offline job or an online one, now, the problem has gotten bigger. People who want to make money now have to choose whether it is better to look for jobs, or to look for business opportunities instead. Both options are good prospects, especially with so many online money making opportunities that all pay well, anyway. However, you might want to look closer at business opportunities, because it just might bring more advantages to you than any job can. Here are some reasons why looking for business opportunities pay off better than looking for jobs do.

Control

This is already a given, as I’m sure you will agree. Starting your own business gives you more control over your money making activities. You don’t have to report or answer to anyone. You don’t have a boss, and everything you do for your business will reap direct benefits for you and not for someone else. You can take care of your business the way you want to, and do with it whatever you want. Of course, the challenge is greater, since there will be no one to blame in case your business fails. But, if you just tread carefully, you will certainly reap a lot of benefits from business opportunities than you can from jobs. And of course, you can expect to earn more, since you are your own boss.

Flexibility

Business opportunities give you more flexibility in terms of time, location, nature of business, and earnings. You decide when and where you want to work. If your business is online, you can go wherever you want, as long as there is Internet connection and you have your computer with you. Also, you can decide on the nature of your business. If you want to extend your business this way or that, you are free to do so. Most of all, how much you earn depends on you. You don’t have to work a bit too hard for that elusive promotion, and you can avoid the frustration while you’re waiting for a raise. As long as you manage your business properly, you will certainly make a lot of money from it. And you can increase your earnings anytime you want by adding a little extra effort.

Achievement

Finally, there are also some emotional benefits on these money making opportunities as well. Starting and owning your own business may already be part of your future goals. Now, with the endless stream of business opportunities online, you can start achieving that goal right away. And you can even do so with a minimal capital investment, which is made possible by online wonders.

After running through just some of the benefits of business opportunities, which one would you choose? Jobs, or business opportunities? Well, don’t be an employee forever! There is also no need to hesitate, if you really want to start a business. There are plenty of business opportunities online that you can definitely manage. Break free from the employee label – right now and venture into these money making opportunities!

Smart Business Ways To Liquidate Forklift Truck Businesses

Your business might be sinking and you are inept in finding an appropriate way to liquidate and dissolve it. Even pre packaging a sale and doing it all over again becomes a taxing task. What is one supposed to do in moments like these? Panic! Ponder! Perspire! Keep these 3Ps aside and focus on coming out of the situation. There are ways to close out your used forklift trucks business and do better things. As a Director of the company, the onus is on you to culminate and close out operations. You have the responsibility to ensure that the company further incurs no debt and is able to close out comfortably without any legal tangles coming into the fray.

A used fork lift trucks business has to be closed out in a very orderly fashion. A graceful exit is always better than a disgraced one. The most popular choice to stage an exit from a used forklift trucks business is by calling in an insolvency practitioner. The practitioner can be further told to call a meeting of creditors. He will prepare a statement of affairs, hold a meeting and deal with all procedural aspects involved in liquidation. This is to inform the creditors about the current status of the company and to tell them about the ways in which they can participate in dividends. This process is known as Creditors Voluntary Liquidation, CVL.

The personnel coming in and doing all these honors will charge a fee for their service, starting from somewhere around 5,000. There are several advertisements in which the personnel doing and handling the used forklift trucks business advertise, and one just has to follow this, trace them out and hire their service. These costs can be put into the assets possessed by the used forklift trucks company.

Directors often might feel like continuing with trading in their used forklift trucks business. A sale of assets can be arranged to a new company and a lease be reassigned by the landlord. So this leaves the situation like it was before and trading resumes with lesser assets. Mentioned above are some of the smart ways to ensure that the business gets dissolved and face is saved. The situation is normal and one does not have to strive to hard to put things into perspective and ensure that the situation is kept under control.