Develop Clear Policies On Expenses

This is the place to start, not the avenue you take after the abuses begin. You can determine these policies yourself, but it makes sense to include a few key staff, especially if you have not been making your own travel arrangements.

Whether you operate an online retail store, a brick and mortar shop or a combination, it is crucial to review and reexamine your product line at regular intervals. Don’t wait until you see a dip in sales, and never be satisfied with the status quo.

While most employees are perfectly willing to take incentives and bonuses whenever they’re offered, there is more to motivating your sales force than throwing money at them. Tapping into the more relational elements of personnel motivation can help your team feel more fulfilled in their job and increase their loyalty to the company as an entity, as opposed to being loyal to whoever writes the biggest checks.

The title posts a perfectly fair and legitimate question. With so much in our world changing so quickly, it’s often good to check even our most basic, bedrock assumptions to see if they still apply. To answer the question posed, let’s first look at the “Four P’s” themselves and see what makes them tick.

Profiting via giveaways works in retail outlets to this day. Create a “loss leader” to lure people into the store – this would either be a free product or something so deeply discounted that it may as well be free – then once they’re in the store, make strategic recommendations about other stuff they need and profit from it.

If you get the itch to amble over to the window or wander down to the break room when you hit a creative wall it may be you should give in to the impulse. Far from being off task or a time waster, walking appears to be a critical tool to improving productivity and innovative problem solving.

The secret to writing a financial business plan that gets you financed – which is the real measure of its success – is to stay organized and concise. Exactly how to do that and convey all the information you need to convey about your new business idea will be fully explored just below.

It’s a dream come true for every kid who owned a Lego set growing up. The idea of a “modular” phone. Thank Google for it when it hits the market, and make no mistake, it very definitely will. You can put “Project Ara” down as yet another of the whole spate of transformational technologies that are heading our direction.

Procrastination is a tricky habit to break but it is far from impossible. First you need to determine why you put things off. Next you want to develop a plan that will fit well within the matrix of your reasons for procrastination and the tasks you need to complete.

Information is power, but it is also much more than simply that. It is the first principle of business, and as such, it must form the foundation of all your efforts. Of course, you definitely need to know what your competitors are capable of, but in doing so, never forget that you must also know yourself.