Many businessmen, having discovered a legal entity, begin to believe that they now have their own business. Satisfied, they rub their hands at the understanding that they will now work for themselves, and not for their uncle. The desire to work for oneself and not for uncle is a good desire, it should be encouraged. The more people who take responsibility, the better. However, creating a business is not enough. To be effective, you need a business control system
The bottom line is that from a legal point of view, the business really belongs to newly-minted businessmen, and they really work for themselves. But the legal point of view is not the only one. There are other points of view. For example, one of them is practical. From a practical point of view, a business legally owned by a businessman is not always 100% owned by him in fact. Continue reading
There are a million tips on how to increase profits. However, despite this, up to 95% of businesses operate with minimal profit or even loss. The bottom line is that not all methods are effective for specific businesses. The question is to choose exactly the methods that are suitable for a particular business. If they are picked up incorrectly, you cannot see the profit.
There is no magic wand that can be waved to increase profits. Increasing profits is a serious job, for the implementation of which it is necessary to possess special knowledge and technologies. If there is no time and desire to master them, then it is advisable to outsource the increase in profit to specialists, which, incidentally, is inexpensive.
Business studies have shown that there is a problem preventing good profit, which is typical for 90% of businesses. If eliminated, then 90% of businesses can easily increase profits, and quickly enough. Universal advice on how to increase profits can be found below. Continue reading
A man is selfish, he always thinks of himself, of his own benefit. He thinks of someone else’s benefit only if he is motivated to do so. Such, however, is life. On his own, he will never think about how to do good to others. So the person is arranged that if he is not motivated to work for your business using internal marketing, he begins to work for himself, using his resources.
There are many ways to motivate employees to work for the business. The most popular way is money. It is believed that the more you pay, the higher your loyalty and desire to work for you. This is mistake. The reality is that a person does not work for your business, but for the sake of money. By giving more money, you just motivate the person to ask for more.
Hired work is a compromise between work for yourself and for the company. Continue reading