business

So you are probably 16 years old or know a teenager who is currently looking for a small job so they can earn some income. How do you want to earn income? Do you want to do it online from home? Do you want a flexible job? There are tons of opportunity out there both online and offline.

Looking for Online Work?

Are you currently looking to start working online? There are people out there who are constantly looking to hire somebody and use their services. There are websites out there who will pay you for writing simple articles. There are people who get paid 10$ for every single page that they write! Why not start today?

It is entirely possible to start earning online – you just have to make sure that you start immediately. You can either be a freelance writer, or go to one of the many freelance writing sites on the internet and possibly register.

Whether you have software designer skills (you can teach yourself by getting macromedia and doing the instructions), writing skills, website marketing or building skills, or even basic writing skills. You can definitely start working online part-time – there is no reason why not to! There are actually stories of 12 year old who are making money on the internet with their own part-time business!

Try Looking on Craigslist

If you are a 16 year old or older looking for a job, there are constantly companies out there who are easily looking to hire you so that you can earn some side income.

Do not fall for scams! There can be scammers on Craigslist website that offer you the world, but as soon as you give them money – you will never hear from them again. Be sure to try all options before you pay.

Be sure to do something that is flexible around your schedule – this can not be emphasized enough. Remember, be smart with your money as well.

Try Paid Surveys

Have you ever considered paid surveys! They are an excellent option that you should try. Surveys are basically this: You get sent a survey offer, fill out little bubbles on the internet by clicking, and submit them. They will send your payment – many times through pay-pal or even mail a check to your house!

It’s an incredible opportunity that you should definitely embrace immediately! Why not? Paid surveys can pay anywhere from 3$-10$ and take possibly 5-20 minutes to complete. To put it simply – they are great and flexible. Paid surveys are great because they do not have a time deadline. Some surveys and focus groups pay 100$+ for filling them out!

This is more than what most part-time students, part-time employees make in a 2 days, and you did it with a single survey! It’s a great opportunity that people are starting to embrace!…

Creating a business plan for a catering business may not be as tough as some of us consider. Moreover, developing a business plan is very important for all of us that are interested in starting their own catering business. A catering business plan helps lay the foundation for the main components of your business. It also serves as a vital tool if you are seeking funding for your start-up; Since all lenders will request your business plan. Keep in mind that starting a small catering business is also a start-up option which may only require the use of some of your personal savings.

The benefit of a catering business plan includes allowing you to focus on the mission and goals as well as identify the basic components of your company.

Let us look at the basic points of a business plan for a catering company.

Description of your company.

In this section you need to describe your catering business in a clear and enlightening manner. You will need to include the name and location of the company, owner (s) background and experience, and the type of catering services that will be provided. Note that you would want to come up with a business name that accurately represents your business.

Unique Selling Position also known as your USP

Your USP is what makes you different from the competition. When someone is looking for a caterer why should they select you? It goes without saying that you will provide delicious dishes and professional and friendly services; These days that just is not enough. How are you going to stand out from the competition? When writing this section I would recommend that you focus on determining how you will create a memorable and exciting experience for each of your clients. The goal is to have every client think of you when they are in need of catering services.

Organizational Structure

As the business owner you can not single handedly take care of every aspect of your catering company; This means that you will need staff to assist you in running the business. In this section you will need to list the key people that will be engaged in your catering business. You not only want to include the names of key people but specific information about their background and experiences, and the role each of them will play in your company.

Competition

You need to know what the competition doing because this is what could possibly keep you from getting clients? You will have to do some research to determine which services may be directly competitive with your catering business. In this section you will need will need to see how your compare to the competition. What are your strengths and weaknesses; And are there any opportunities or threats that can have an impact on your business?

Marketing

The first step is to determine specifically who you will sell your catering services to; This is called your target market. You may initially think …

P&G’s businesses were organized into three product based segments: household care, health, baby and family care, and beauty care. P&G became a national consumer products company with 30 brands and production facilities across the US and Canada by 1890. P&G also experienced an increase of more than 40% in their revenues between 2001 and 2005. In 2005, P&G executed its largest acquisition with the takeover of Gillette Company.

I. Reasons for P&G’s Acquisition of Gillette

A) Companies have complementary strengths in product innovation and selling activities

P&G has a distribution system that is internationally spread out as compared to Gillette. Management is expected to take Gillette products into developing markets such as China that were served by P&G, but not Gillette immediately after the merger. P&G and Gillette also plan to share their R&D costs to further develop their products to better suit their customer’s needs.

B) Stronger lineup of brands

Gillette was a well-known brand in the razor market and it also has a 70% market share in the global razor market. It has a strong competitive position and Gillette has been successful in persuading their customers to trade up to higher-price-point personal care items. Gillette’s customers also tended to be highly loyal. Acquisition of Gillette will definitely provide a competitive edge to P&G as Gillette is will provide a stronger lineup of brands to P&G in the consumer products industry.

C) Generate additional opportunities for economies of scale

Gillette has a huge market share on its own while P&G has an internationally spread out distribution system. Combining these companies’ strengths together will enable both P&G and Gillette to reduce per unit cost by achieving economies of scale.

D) Enhance relationships and bargaining power with retail buyers

The strong competitive position that Gillette has in the consumer products industry will increase the bargaining power that P&G has over its retail buyers. P&G will be able to strengthen their market position through this acquisition. A stronger brand portfolio would also definitely help enhance relationships.

II. Ways to Generate Expected Synergies

A) Layoffs

Layoffs are generally expected when a company undergoes merger and acquisitions. It is estimated that about 4% of the total combined workforce will be laid off due to this acquisition. This is to remove management overlaps due to merging operations in more than 80 countries across the world. These lay-offs will not only come from Gillette’s former operations, but also Procter and Gamble’s management.

B) Business Elimination

Since both Gillette and P&G are operating in the consumer goods segment, they tend to have a few products that overlap each other. Both Gillette and P&G have to sell off some of their product line to remove this overlapping and generate synergy between them. The integration of the companies’ product line is important to ensure synergy exists between them and non-profitable products are removed from their product line.

III. Financial Analysis of P&G

Profit margin for P&G was pretty low from years 2000-2004. P&G experienced an increase in their profit …

The decision to rent a money counter may seem simple but it is not. If your business handles cash you probably already own one or more money counting machines. You know that currency counters not only save time but increase accuracy. You might have periodic trade shows or sales events that require cash handling equipment. You need to decide whether to try to pack up your money counter and take it with you, or rent a machine on-site. In almost all cases renting is the best alternative for several reasons.

Packing and shipping is a major issue. If you take your equipment with you, you will need to properly pack it and ship it so that it will arrive on time and in working condition. Money counting equipment is very sensitive and subject to losing calibration or shipping damage. Rental companies know how to properly pack and ship your machine so that it will operate properly when it arrives. They also will test and calibrate you equipment prior to shipping it to the rental site.

Something else to think about is that if you bring your equipment on the road, how will your business be able to function without it while it is out of the office? Why should the main office need to go without the use of the equipment?

If you need to handle several locations at once, renting is the only way to go. We had a major bank that was running a charity coin collection in over 100 cities at once. They needed to rent coin counters for all 100 locations during the same week. Renting was their best choice.

Renting is also a great way for you to try out newer models and features. Currency counting equipment is expensive and is constantly evolving with new features and functions. If you rent you have a chance to try out all the latest and greatest features without a capital investment.

Another important consideration in your decision to buy or rent is accounting. Renting is an operating expense and is treated differently than purchasing, which is a capital expense. For tax purposes the rental is a full write-off and does not get depreciated over time as a purchase would. The rental expense will be budgeted as part of the trade show or event that it is directly related to.

There are many reasons that renting a money counter makes sense. If you do decide to rent, reserve your equipment as far ahead of time as possible. Rental companies with take your reservation up to a year in advance. During peak trade show seasons machines can easily get fully booked.…

The primary purpose of a business is to create a customer because it is the customer that will determine the growth potential of a business. Though, it is imperative to create time and effort on how you are going to improve your business and services, it is still the customers that will dictate the success of your business. So, customer service is very vital if you want your business to succeed.

Customer service is a major factor in making sure you achieve business growth and success. It can affect your business positively or negatively. This is reason why the whole business plan, marketing strategies, sales and profit will largely depend on its impact on the customers. Primarily, you are in business to generate revenue through selling your products and services to people who are in need of the services. All these people want to know if your products and services will make impact in their lives and meet their needs.

To make sure that you generate income for your business, you must be willing to satisfy the desires and needs of your customers. Your whole business is resting on that foundation. Every decision making must take into cognisance how it is going to affect the customers. You should make it a point of duty ensure that you have an excellent customer service system.

All strategies you have put in place to ensure you have great marketing and sales will help in attracting new customers for your business but it is the excellent customer service that keeps the business going and makes customers wanting to come back. People will only want to do business with those they are comfortable with and can trust. As a business owner, you must make sure that you make your customers have that confidence, trust and satisfaction in you by giving them the best quality service.

This factor has created opportunities for large and small businesses. It affords every business to offer the best quality service which their organisation will be known for. By so doing, they have been able to distinguish themselves from all the rest in that sector of business.

In recent years, there has been continuing change in the demands of the customers because of the ”law of dynamism”. So it is your duty to know exactly what your customer’s needs and wants are. You can get hooked up to some customer support systems that offer quality incentives on how to give your customers the best quality services. It will assist you to expand your customer base and retain your customers. A recent survey reveals that using these systems has increased some company’s turnover by almost 50%.

All businesses must realise that customer service plays a major role in the success of any business. You must have the ability to focus on the need of your customers rather on your own selfish gains, and supporting them with all the abilities at your disposal to make sure that they are 99% satisfied with the …

An electronic communication that allows methodical transmission and accessible data such as mails, spreadsheets and many other types of documents for any kind of business, is known as a business data network. There is a private data network and public data network in operation today. A local network that allows transmission of data between various departments of a company is called a private data network and the public data network is widely accessible to both residential corporate clients for a given carrier network.

There are various factors relating to a business data network that can affect your company and some of the important facts that can improve business efficiency are as follows:

• Always identify the documents that are considered confidential by implementing a document management program; otherwise a local network without this program can harm your business. To amend this, don’t allow employees access to these credentials or with the ability to print confidential data.

• Lack of a document storing schedule can give access for co-workers to look into important documents that are restricted. Storage of such important business documents in a safe place till the storage period ends can restrict access to public view and stop harm to the company. The documents should be shredded when the storage period is complete.

• Before implementing data networking, think about a finding a service that can destroy and shred business credentials that contain insightful information. Otherwise, important company documents might give opportunity for the employees to access and spread the information.

• Limit the acquirement of confidential customer data such as customer’s bank accounts, social security, or driver’s license numbers. Restriction of access to information is really important. Otherwise a company can lose its business from misuse of important client information.

• Documentation that contains perceptive data, including payroll, patron and fiscal information with passwords, should be protected. If a company doesn’t change passwords regularly or request that passwords contain a minimum of six letter and number combinations, the risk of confidential information being leaked is very high.

• In order to prevent a virus or worm from spreading information and stored files from a personal computer over a network is to install and timely update virus protection software. More virus threats mean a greater affect on a company.

• Sensitive data can still be available on a computer that is no longer being used. Data thieves and potential hackers hunt for such data a great deal of the time. To wipe that data or to identify a data destruction dealer that will actually destroy the hard drive, a company should use such software programs that clear data before disposing of old computers.

• The most successful method to share files and collaborate with colleagues is by file sharing programs and such programs can easily expose your computer and database to hackers. Systems that are protected by a tough firewall and anti virus software are highly recommended and include regular updates. If this is not the case a business …

Here is a question that most people looking to become a nail technician ask themselves. For some, becoming a nail tech is something to do to supplement their current income.

However, there are nail technicians that are making a living at doing nails and have gone beyond treating their nail business as a hobby. Today’s techs are getting super savvy at how they are marketing their business and realizing a nice income in the process.

Part of their success has been due to online technology and the internet. Online technology has opened doors to reaching a larger audience to market to. Sites like Twitter and Facebook are helping to network and build relationships with many people on daily basis creating an avenue to attract more and keep more clients.

YouTube has opened the door for nail technicians to put their work in front of 100’s of people daily enabling them to brand themselves as an expert in their industry.

The internet also makes beauty marketing information available at the push of a button. Nail techs can find information online you probably won’t find at your local library on this subject.

Successful nail salons will tell you the main ingredients to making money as a nail tech is knowing how to get clients, keep them, and get a ton of referrals consistently. They rely on good marketing combined with good relationship building tools to attract and keep clients coming back month after month.

You should also understand that there is a difference whether you work for yourself or if you work for someone as an employee. You will always make more if you work for yourself and know how to market your business successfully. Your income will usually have a cap if you are employed by a salon which will limit the amount of money you can ultimately make.

It’s possible to make a good income from doing acrylic nails and nail art designs if you market your business successfully. Just like any other business you have to work at it daily. The beauty industry is a very large industry with many opportunities to make money. It’s a profession that has many rewards when approached correctly.…

So lately there’s been yet another start-up network marketing company that I’ve been seeing on social media sites and getting a lot of buzz. The company is called Monat Global. And chances are if you’re reading this, you’re looking for some information on Monat Global before joining the company. If that’s the case, look no further. In this third party Monat Global Review, I’ll cover information on the company, the products they sell and more importantly the actual business opportunity they offer. Before proceeding, I want to disclose that I’m not a Monat Global distributor so it really doesn’t matter to me one or another if you join or not. This is important because you can be sure that you’re getting an unbiased perspective of the company and the opportunity available for distributors.

Who Is Monat Global?

Monat Global is a Florida-based company that markets high-end haircare products through a Network Marketing business model. The company is extremely young but unlike other start-up companies, the company is actually owned and operated by the Urdaneta family. The Urdaneta family have been involved in Direct Sales for decades and run a huge company called L’Eudine Global. From the looks of it, Monat’s products look to be very high quality. The products are paraben-free, Gluten-free, ethanol-free and sulfate-free. Having premium products to market is essential if you’re looking to build a business because without satisfied customers re-ordering every month, you have no chance of building a residual income.

How Do You Make Money With Monat Global?

As a distributor, you can earn income 5 different ways. You can earn immediate income retailing products and acquiring VIP Customers. But just like any other Network Marketing company, the true potential lies in building a rep base and customer base. As you grow your group and accumulate customers, you can earn between 7%-12% on your group’s volume every month. You can also earn 5% through 5 Generations. Overall the compensation plan looks to be fair and lucrative. There’s both upfront and backend income potential which is what you need if you’re going to build a business.

Should You Join?

Well… only you can truly answer that question. The management team is experienced and solid. The suite of products are premium and high-quality. And the compensation plan is lucrative. Surely, you’ll see success if you join, right? Nothing could be further from the truth. You could have the best opportunity and products in the Industry, but if you don’t have a single person to tell about it, you’ll make no money. At the end of the day, your success will come down to your ability to sponsor people and get customers. And at some point, your warm market will run out. This is why I suggest you learn how to market online and learn Attraction Marketing. If you can position yourself in front of a highly targeted audience you’ll have more leads you can handle. And when you’re in a position where you have people chasing you, …

Many small business owners spend a lot of time, effort and money doing things to grow their business that could be done more effectively in conjunction with another business. By this, I mean forming partnerships with other businesses can not only improve a small business' marketing, but it can also improve the business itself.

In this article, four ways to grow a small business through networking and cooperating with other businesses will be discussed. Each, of course, has distinct advantages and disadvantages. They are: 1) cross-marketing, 2) organizing an event, 3) forming a support group, and 4) sharing resources.

Cross-Marketing
In any community, there are numerous opportunities for businesses to cross market their products or services. Here are some examples. A souvenir shop in a resort community that gives its customers a discount coupon for a local restaurant would encounter no additional expenses. The restaurant, of course returns the favor, by giving a discount coupon to its patrons. A graphic designer, for example, may be able to cross promote services with a local print shop or sign maker. An oil change shop could give a coupon for a car detailer and vice versa. The key is to find reliable businesses that honestly view this sort of cross-promotion as a win-win activity.

Organizing an Event
There are many ways for a group of businesses to organize an event that will help each business grow. Farmers markets, street fairs, community events, etc. Are a great way for local merchants to realize the benefits of cooperating to bring customers to the area. A health club, for example, may hold a health fair in partnership with a local health clinic. A restaurant and a local wine shop may cooperate to have monthly wine and food tasting events. A web development company could partner with a local photographer to give a demo on shot-for-the-web techniques.

Form a Support Group
It is easy to become isolated as a small business owner. Between the late hours, the stress and need to make payroll, there seems to be little time for anything else. Not unexpectedly, the small business owner next door, down the street and across town probably is dealing with a lot of the same issues. One way to network and support other small businesses is to form a weekly or monthly coffee club. You could even introduce a topic of week and share ideas on one them each week.

Share Resources
A great way to lower expenses and strengthen your systems is to share resources. Even a simple thing like buying in bulk and splitting the order can have a big impact on the bottom line. Almost everything is less expensive in bulk, but many small businesses do not have the need, space or financial resources to buy, say a pallet of paper, but three or maybe. Another thing that many businesses can share is business intelligence. This may include a mailing list or information about reliable suppliers.

Sharing resources or expertise does require mutual trust …

The great thing about starting a diaper cake business is the fact that you will always have customers and low cost word of mouth is your best advertising medium.

There are, on average, 10,657 babies born each day in the United States. That's nearly four million births annually and if anything, those numbers will continue to increase each year.

Diapers and formula are the two largest material expenses when raising a child for the first three years of that child's life. A mother will go through more than 3,500 diapers a year at a cost of nearly $ 2000 by the time your little one is potty trained. Diapers are a welcome gift to most mothers.

As long as there are babies, there will be the need for diapers. Our diaper cake business model certainly has a demand that is expecting to continue to increase and that is an important thing to consider when starting any business.

There is no accurate estimate on the money Americans spend on baby showers but it is A LOT !! This is a monumental time in a woman's life and she wants this to be a memory that will last a lifetime. So, we now add emotion to our business model which is another positive.

There is a start up cost to this business in the form of materials, but you can work out of your home, use low cost word of mouth advertising methods, buy in bulk and take advantage of the many tax deductions available for a home based business .

Word of mouth advertising is basically all I use to sell my diaper cakes. I donated ten cakes to friends I knew who were either having a baby shower themselves or were attending one in the near future. You can not believe the response these unique gifts get and everyone wants to either know where to get one or how they can make one.

A simple website with pictures of your cakes and how they can be purchased is really all the advertising you may ever need to earn a lot of extra income. Combine this with other unique baby gifts and needs and you can earn a very good living where the sky truly is the limit! …