Tuesday, 2 April 2013

Descrimination In Business: The Realities

For several years now, United States law has prohibited businesses from assessing or placing judgment upon employment prospects due to gender, race, ethnicity, creed, religion, political affiliation or even handicap in certain settings and situations. Because of this, those in the working world or those attempting to enter it, feel safe and assured that they will always be treated honestly, respectfully and fairly. If one does not get a job, the reasons must always be cogent and pertinent to the job and its particular set of qualifications. Thats not always the way it is. Believe it or not, descrimination still lives and thrives in businesses all over and in many cases, those who behave descriminatory can and do get away with it.https://paydotcom.com/r/46515/biggso/3955067/

This is because specifics unrelated to the job or its qualifications actually do make a difference to many employers and business people. For example, entrepreneurs with a sexist bent are liable to hire, promote and encourage those of their own gender or white supremist business owners are likely to pass over African American professionals with impressive backgrounds for white prospects with little or no experience and spot records and many Christian human resource executives tend to cast away atheist co-workers, regardless of performance, experience or attitude. 

Its all about preferences, likes and subcultures, the we versus them mentality still drives behavior in many different types of business environments. The trick that keeps them from getting into any legal trouble is the fact that behavior and practices toward the underdogs are ambiguous if at all questionable and excuses are always devised to justify actions. Those against whom are descriminated are able to sue or press charges, but this is generally difficult because the power of evidence falls on them and is usually impossible to produce.http://paydotcom.net/?affiliate=301019

Another type of discrimination that is, unfortunately all too well common is sexual harrassment, especially in the case of male-toward-female. This is a self-explanatory but is amost always a legal mind field. When one gender makes unsolicited sexual advances toward someone of the opposite gender and then rests that persons job on the responses, discrimination takes place in a dort of oppsite dynamic. What is meant by this is that a favor is given to a particular worker based on gender and appearance. For instance, a woman with a shapely body and large breasts is hired because of her gender and physical endowment instead of her qualification.http://www.programhoppers.com/13224

This is why Affirmative Action is criticized by many people. The program ensured favoritism and success to minorities on the basis that they are minorities. No matter which way recognition and consideration lean, if treatmewnt is not based on a persons qualifications, the case is descriminatory. Regardless of how hard the legal system cracks down on descrimination existing in the workplace, unfair treatment and policy will not completely overcome—human interest and the power of money will never allow it.

How To Plan Your business

Theres a lot of talk these days about the entrepreneurial spirit and those that claim to have it are opening their own businesses and reaching for the brass ring. While having that spirit can be a plus in running your own show, many forget that it takes a team to run a business and the one secret that all successful entrepreneurs use is to surround themselves with good people.

Now how good a person is at coming up with ideas and they may have the drive to take those ideas to a higher level, they are going to need help to turn those ideas into reality through execution. Devising a business plan is a major part of developing a new business, as well as getting funding for its start up but the trouble with many new ventures is that it is planned to death. Agonizing over every little detail of how the business is going to be operated, where the money will come from and how it will be spent is more than one person can handle. Successful people are willing to share that responsibility. Shop Online @ the Worldwide Mega Shopping Mall


Those opening a new business with the thoughts that they can work their own hours, open a business and sit back and collect a huge income are really fooling themselves. While working your own hours may be possible if you plan on spending more than two thirds of your time in the business. It is going to take a lot of time, especially in the early stages but you can decide which of the 18 hours during the day you will spend working.

You also have to have the personal commitment and the self discipline to own your own business. Whether it is working at home or having an office in the home and work on clients job sites, you have to be disciplined enough to get the job done and plan for the next one. There are going to be things that go wrong and you have to understand that as the business owner, you are the one that will make the decisions on how to make things right.

There are many myths surrounding operations with a new business, such as the boss is always right and telling people they will do it your way because you are the owner. While the business may be in your name and you are taking all the risks in making it successful, the bottom line head of your business is going to be your clients or customers. Without people will to pay for your services or products, you have no business. And while you may be right in your decisions, you can pat yourself on the back for making the right choices all the way to the unemployment office.

Choosing A Home Business

While some services that businesses need require extensive training or licensing such as legal services or accounting, there are many other needs businesses have that make their daily life more convenient that can be offered by aggressive individuals. With good knowledge in different areas of business services, a home business can include many facets of helping keep a business up and running.http://programhoppers.com/13224

Virtually every business today uses computers and many have two or more, with many small businesses using them separately. This requires additional software for each system and if one of the units has to be replaced, everything on that system has to be added to a replacement machine. Networking and server installation is a growing part of many businesses and when they upgrade their systems often need professionals who can get them up and running as quickly as possible.

If you have the know how to connect computers to a network, whether going through a central server or not, you can make a significant income by offering your experience to businesses. The company buys everything and once it is delivered to the business, they make the call and you install it during the hours they are closed, eliminating interruptions to their business.

Many businesses have outdated security systems running in their buildings and may consider installing new cameras and monitors while moving their security into the digital age. Digital video recorders are easy to install and if you can eliminate a lot of extra equipment, such as multiple monitors and enable a business to play back video through their computer, they may be interested in signing on for a security system upgrade. 

Wireless cameras and being able to watch what is going on in their business while they sit at their home computer may have an interest for some individuals. However, being able to look back on specific incident without spending hours viewing expensive videotapes, is a major time saving for many business owners.http://moremoneyeverywhere.com/shop

Many small businesses do not have the space to maintain mountains of paper records and are always looking for way to reduce the amount of clutter in their usually small offices. A scanning service may be welcome in many communities where businesses could have several boxes of paper records put on compact disks for faster research. Good quality scanners and data base software are not that expensive, but it does take time, something the business owners may be willing to pay a savvy entrepreneur to accomplish.

Billing and payroll services are also often needed by many small businesses and if you have that type of experience and can offer them at a reasonable cost, you will find businesses willing to jump at the chance to reduce their in house costs of these service. As a contractor, you will be responsible for your own taxes and expenses, relieving your clients of those financial burdens.

Finding A Healthy Business Opportunity

More and more, the public is looking for better ways to stay healthy and younger looking, opening several new business opportunities in the health related fields. While opening a nursing home or extended care facility may not be the best move for someone just getting into business for themselves there are many opportunities to open a health related services business. 

Medical supplies are in constant demand by hospitals and clinics as well as doctors offices and being able to fill the need for quality, affordable supplies can help a business get off the ground and grow. The next time you visit the doctor, look around the waiting room as well as the examination room for an idea of what their needs may be and hoe you can help them meet those needs.

Office supplies are the same in any type of business and medical facilities not immune to the growing cost of supplying their needs. Most doctors do not make the decisions for the supplies, leaving it to their office managers and those that work in small offices may not have the time to run to the office supply store to get what they need. If you have a business that can offer affordable office supplies to several offices, you may be able to offer better prices than the supply stores that offer free delivery.

Many medical, as well as legal offices, often have a need for occasional transcription services and many short courses are available to train you to become a medical transcriptionist. This job will require some specific training in medical terminology as a mistake in transcribing a doctors dictation could have disastrous results. There is a continuing need for transcription services as it takes a well-disciplined person to translate someones speech into text and turnover may be high at many services. 

A person skilled at this work can find plenty of work, maybe not from one office but by hooking up with several offices. It can provide more than full-time employment opportunities that can be done at home. When considering offering services to a medical office, do not look at it as one office to keep you busy. You will want to connect with several offices to create your own home medical services business.

Billing is typically done by the doctors office and with many of them realizing a majority of their income through insurance claims. Someone with the experience of making sure the proper forms are filled out to eliminate late or denied insurance claims can offer their services to medical facilities. While most collection efforts are handled by major companies, some offices may be interested in trying to collect on small bills or bad checks at the local level before turning a patient over for collection.

Creating A Solid Business Plan

Theres a lot of talk these days about the entrepreneurial spirit and those that claim to have it are opening their own businesses and reaching for the brass ring. While having that spirit can be a plus in running your own show, many forget that it takes a team to run a business and the one secret that all successful entrepreneurs use is to surround themselves with good people.

Now how good a person is at coming up with ideas and they may have the drive to take those ideas to a higher level, they are going to need help to turn those ideas into reality through execution. Devising a business plan is a major part of developing a new business, as well as getting funding for its start up but the trouble with many new ventures is that it is planned to death. Agonizing over every little detail of how the business is going to be operated, where the money will come from and how it will be spent is more than one person can handle. Successful people are willing to share that responsibility.

Those opening a new business with the thoughts that they can work their own hours, open a business and sit back and collect a huge income are really fooling themselves. While working your own hours may be possible if you plan on spending more than two thirds of your time in the business. It is going to take a lot of time, especially in the early stages but you can decide which of the 18 hours during the day you will spend working.

You also have to have the personal commitment and the self discipline to own your own business. Whether it is working at home or having an office in the home and work on clients job sites, you have to be disciplined enough to get the job done and plan for the next one. There are going to be things that go wrong and you have to understand that as the business owner, you are the one that will make the decisions on how to make things right.http://moremoneyeverywhere.com/shop

There are many myths surrounding operations with a new business, such as the boss is always right and telling people they will do it your way because you are the owner. While the business may be in your name and you are taking all the risks in making it successful, the bottom line head of your business is going to be your clients or customers. Without people will to pay for your services or products, you have no business. And while you may be right in your decisions, you can pat yourself on the back for making the right choices all the way to the unemployment office.

Tips, Tricks and Tools for Your Business Plan


If the thought of business planning strikes fear into your heart (or just plain turns your stomach), you're not alone. Most entrepreneurs dread building a business plan. At the same time, it's an invaluable tool that can take your enterprise to the next level. We're going to provide a few tips, tricks, and tools to make the process less daunting.

Tips and Tricks

These are just a few tidbits about business plans that you should keep in mind when you're getting started.
Do I Need a Business Plan?
Yes.
Large or small, new or established, you can benefit from a business plan. The mere act of sitting down as a leadership team, discussing your goals, and putting down in black-and-white your goals can be incredibly valuable.
Be Prepared
If you're building a detailed business plan, there will probably be some financial and other information that you'll need to reference. The process of writing your plan will go much more smoothly if you have this information at your fingertips. So, open up your accounting software, pull your insurance records, and know where to find other key financial data.

Tips and Tricks for a Successful Business Plan


Cover Page and Table of Contents
  • Obtain a copyright on your business plan and mention that on the cover page and on all the other pages, preferably in the footer.
  • Reinforce the company identity with your company logo on this page. If you have a "by-line" for your business use it on this page.
  • If you can use any of the art-work developed for your marketing brochure without cluttering the page, use it here. This will convey the image and the positioning you are trying to develop for your business.
  • You may also display the amount of money that you are seeking to raise through the Business Plan, along with the stage of development your business is in (seed, start-up, etc). Some investors also like to see the highlights of the plan on the cover page as it helps them to make a quick assessment of what to expect from the business plan.
Executive Summary
  • Write this section after you have completed writing the entire plan.
  • The length of the executive summary should be limited - 2 to 4 pages.
  • Use charts, tables and diagrams to illustrate or emphasize your points. Summary financials should be presented in the form of bar charts and the like.
  • Use short sentences, simple language, and no jargon or cliches.
The Company and Product/Service
  • Start this section by describing what the company does and which industry it operates in.
  • Emphasize your key achievements in the past. Also explain the bottlenecks that may have limited your achievements; and how these constraints will be addressed in the future.
  • Demonstrate how the success you achieved in the past was based on certain factors which you will continue to exploit in the future.
  • State out what makes you and your services different from the others in the market.
The Market
  • Give a reference to all trade associations that cover your industry. Use material supplied by these organizations to support statements and assumptions you have made throughout your funding request.
  • Use numbers as well as trend information to describe the current market and its potential. Growth, declines, and new markets opening up are key information. Use Charts, tables and graphs for maximum impact.
  • For a seed stage business, a well documented market research report from a professional agency will go a long way in giving comfort to your potential investor.
  • Often a company's offerings compete in more than one market. For instance, a company that sells its proprietary software product may also deliver consulting services. In such cases, it is essential that the size and growth rates for the services market be separately noted from the size and growth projections for the product market.
  • Search out all companies who offer competitive or related products. Define those who offer complementary products in the same or similar industries. Explain how competitive relationships can be turned into joint ventures, strategic partnerships, buyouts, acquisitions, etc. in the future. Investors will take comfort in the fact that you have defined possible exit solutions if things don't go as planned.
Sales and Promotion
  • Do all necessary research to keep your prices competitive. Some trade associations provide benchmark prices in the industry. Review these prices to evaluate their suitability to your business.
  • Start-ups are more likely to be successful if they focus on a highly specific, very narrow target market. General markets are usually dominated by large, well-established firms.
  • Use flow charts to graphically depict how the service or product is delivered to the customer.
  • After you compute your annual advertising cost, compare it with that of your competitors. Advertising expense is one of the operating ratios (expenses as a percentage of sales) that industry associations gather. If your estimated advertising cost is out of sync with the average cost in your industry, you should take another look at your strategy.
Finances
  • In this section you need to show projected, income statements, balance sheets, and cash flow. Existing businesses should also show historical financial statements. The time frame for projections depends upon the complexity of the business, but three to five years is generally acceptable as the standard.
  • For each projection prepare a sensitivity analysis to produce the "best", "likely" and "worst "case scenarios.
  • Clearly state the assumptions on which your financials have been prepared.
  • Pro-forma income statements should show sales, cost of operation, and profits on both a monthly and annual basis for each plan year. For all but the largest businesses, annual pro-forma balance sheets are all that are necessary. Cash flow pro forms should be presented in both monthly and annual form. If your business is already established, past annual balance sheets and income statements should also be included.
  • Include information that will assist potential investors in understanding your projections.
  • It is important for you to understand how to compile each financial document and what they mean. Many entrepreneurs consider themselves more marketing and creativity-oriented than finance-oriented and they dislike studying financial statements. If that applies to you, remember that it is essential for you to learn the basics of business finance so that you can run your company successfully.
  • Provide separate schedules which make up the big ticket items like the capital expenditure and employee compensation costs (esp. for service businesses). Also provide a Statement of Sources and Application of Funds to explain clearly how the funds are being generated and used.
By Venture Ahead