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1. Preparing a Budget By Sue And Chuck DeFiore
Ok, you say, I know I need a budget, but how do I prepare one? The most common budget period is one year, but this can vary depending on whether or not your business has seasonal or cyclical fluctuations. For example if you run a Christmas decorations shop, or a costume shop your business is going to peak during certain times of the year. The budgeting process usually begins with the collection of accounting data. In order to prepare a strong and achievable budget, you must analyze each item…

2. Effective Meetings Begin With a Real Agenda By Steve Kaye
Everyone knows that an agenda is the key to an effective meeting. But an agenda that consists of a list of nouns, such as budget, software, and picnic, is useless. Here’s how to prepare a real agenda that puts you in control of the meeting.1) Goal. Every real agenda begins with a goal that describes the result wanted at the end of the meeting, such as: find a way to reduce travel costs by 10%. Ideally, this goal should be stated so clearly that someone else could use it to design a meeting…

3. Think "Business Processes" Not "Departments" - 5 Compelling Reasons
1. Process Thinking follows the natural flow of the business A business process is a collection of interrelated work tasks triggered by an event and geared towards providing results or outcomes valued by the 'customer'. The adoption of process thinking causes an organisation to align its activities and systems with the natural flow of materials and information from the start to the end of the value chain. Functional thinking creates silos with boundaries across which information and other resour…

4. 6 Key Ways to Distinguish Yourself as a Business Professional By Larry M. Lynch
Regardless of your business area, with competition mounting it’s becoming increasingly difficult to stand out and get yourself and your business noticed. One crucial, but often neglected area that you can address immediately is your image as a professional. Here are 6 key ways you can help raise yourself head and shoulders above the rest of the pack and increase your chances of success.1. Dress for SuccessIncredibly, there are those who give little attention to the image they present before po…