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  • Hub You - Reconciling Making a Profit and Being of Service

    Using Purchase Order Finance To Grow Your Business
    Getting a large order from your best customer can be one of the best things that happen to your business, if you have the financial resources to deliver it. If you don't, getting a large order can be a true nightmare. Unless you find a way to deliver it, you risk losing both the order and your customer.So, if your company needs money, your best bet is to go to the bank, right? Well, not really. At least, not unless your company has a long track record of profitable operations and can show audited financial statements. But wha
    eel greedy when they think about asking for more money. Shouldn’t we be satisfied enough with serving people? And no one wants to feel greedy, or be thought of that way.

    Finally, there is a basic relational fear common to many women: What will people think about me? How will others feel if I charge more money? The core fear is that if we ask for more, or charge more, people won’t like us, or will think less o

    Important Aspects of Surety Bonds
    In today’s unstable and unpredictable economic climate, surety bonds are extremely important for company owners who wish to ensure that the legal terms of their closed contracts and agreements are properly respected by all parties involved. The practice of establishing surety bonds dates back hundreds of years ago, when such agreements had the role to increase the safety and efficiency of long-distance trade. Nowadays surety bonds can take various forms, play a wide range of roles and are commonly used to secure the terms of major c
    I know many fabulous women who work hard to provide a great service for their clients. But some of them are not making the kind of money they need to thrive, let alone survive. I strongly believe that part of the dilemma for many women in business is that they have a hard time reconciling making great money (making a profit) with providing a good service. They are conflicted about money, and this conflict interferes with their ability to grow a thriving business. What about you? Can you reconcile profit and service?

    While there are many reasons that this reconciliation is difficult, three reasons stand out to me. First, many service providers spend a lot of their time, money and energy honing their skills. Therapists, for example, go to school to learn their craft and continue to invest in their training. But it is unusual in all of this schooling to learn how to run a business, let alone a profitable business. And this suits many just fine, until they find themselves struggling with their private practice. Many women would rather “do what they do” and not have to care about finances. Not only are many service providers not trained to think about business and money, many would prefer not to.

    This brings us to the second reason. For some business owners, there is this unspoken belief that money somehow taints the process. There is often an inherent discomfort with charging people for helping them. It is as if charging people for helping them somehow makes our motives less “pure”. I hear women say: “My greatest satisfaction comes in being able to serve my clients well.” If this is our highest spoken value in our work, then many women feel greedy when they think about asking for more money. Shouldn’t we be satisfied enough with serving people? And no one wants to feel greedy, or be thought of that way.

    Finally, there is a basic relational fear common to many women: What will people think about me? How will others feel if I charge more money? The core fear is that if we ask for more, or charge more, people won’t like us, or will think less of

    Make Your Move - Right Into Management
    Are you ready to move up the corporate ladder and shoulder management responsibilities? There are a number of indicators that can tell you if you are ready for the big leap. If you are in a staff or line job and feel that you should consider a career shift and look for bigger challenges, then maybe you should seriously consider moving into a management position.You may not get promoted quickly to your desired position - promotions are highly competitive and you need to prove yourself (often over and over) to reach the top. Th
    s with their ability to grow a thriving business. What about you? Can you reconcile profit and service?

    While there are many reasons that this reconciliation is difficult, three reasons stand out to me. First, many service providers spend a lot of their time, money and energy honing their skills. Therapists, for example, go to school to learn their craft and continue to invest in their training. But it is unusual in all of this schooling to learn how to run a business, let alone a profitable business. And this suits many just fine, until they find themselves struggling with their private practice. Many women would rather “do what they do” and not have to care about finances. Not only are many service providers not trained to think about business and money, many would prefer not to.

    This brings us to the second reason. For some business owners, there is this unspoken belief that money somehow taints the process. There is often an inherent discomfort with charging people for helping them. It is as if charging people for helping them somehow makes our motives less “pure”. I hear women say: “My greatest satisfaction comes in being able to serve my clients well.” If this is our highest spoken value in our work, then many women feel greedy when they think about asking for more money. Shouldn’t we be satisfied enough with serving people? And no one wants to feel greedy, or be thought of that way.

    Finally, there is a basic relational fear common to many women: What will people think about me? How will others feel if I charge more money? The core fear is that if we ask for more, or charge more, people won’t like us, or will think less o

    Managers: A Key to Your Survival
    Most business, non-profit and association managers live to tell about it only IF they achieve their operating objectives. Very little wriggle room there.But among such managers are those who fail to do anything about the behaviors of those outside audiences that most affect their business, non-profit or association.On top of that omission, they risk their careers by choosing to pursue their operating objectives without using the fundamental premise of public relations. Thus, they fail to produce external stakehol
    ual in all of this schooling to learn how to run a business, let alone a profitable business. And this suits many just fine, until they find themselves struggling with their private practice. Many women would rather “do what they do” and not have to care about finances. Not only are many service providers not trained to think about business and money, many would prefer not to.

    This brings us to the second reason. For some business owners, there is this unspoken belief that money somehow taints the process. There is often an inherent discomfort with charging people for helping them. It is as if charging people for helping them somehow makes our motives less “pure”. I hear women say: “My greatest satisfaction comes in being able to serve my clients well.” If this is our highest spoken value in our work, then many women feel greedy when they think about asking for more money. Shouldn’t we be satisfied enough with serving people? And no one wants to feel greedy, or be thought of that way.

    Finally, there is a basic relational fear common to many women: What will people think about me? How will others feel if I charge more money? The core fear is that if we ask for more, or charge more, people won’t like us, or will think less o

    14,000 Brains
    Many years ago, a CEO off a major conglomerate was visiting one of his businesses for a periodic business review. As the meeting was ending, he innocently asked the leader of the business to tell him again how many employees were in that business. The answer was 14,015 people.The CEO was silent for a minute or two and was clearly pondering the answer. No one in the room could have imagined where he was ultimately heading with his question.Finally he said, “Since you have 14,000 people, you obviously have 14,000 brains
    son. For some business owners, there is this unspoken belief that money somehow taints the process. There is often an inherent discomfort with charging people for helping them. It is as if charging people for helping them somehow makes our motives less “pure”. I hear women say: “My greatest satisfaction comes in being able to serve my clients well.” If this is our highest spoken value in our work, then many women feel greedy when they think about asking for more money. Shouldn’t we be satisfied enough with serving people? And no one wants to feel greedy, or be thought of that way.

    Finally, there is a basic relational fear common to many women: What will people think about me? How will others feel if I charge more money? The core fear is that if we ask for more, or charge more, people won’t like us, or will think less o

    How to Create a Name for Your Cleaning Business
    Before you open the doors of your cleaning business you not only need equipment and supplies, you need a name for your business. The name of your company will be the first thing prospective clients see - whether that is in the phone book, on your company car, in an ad, or on a website. The name symbolizes what your cleaning business represents. So it is important to spend some time on choosing a name that not only fits your cleaning business, but also presents a positive image to customers, suppliers and employees.The easi
    eel greedy when they think about asking for more money. Shouldn’t we be satisfied enough with serving people? And no one wants to feel greedy, or be thought of that way.

    Finally, there is a basic relational fear common to many women: What will people think about me? How will others feel if I charge more money? The core fear is that if we ask for more, or charge more, people won’t like us, or will think less of us. This can be intolerable for many women, and so they labor on making very little money, but feeling safe in their relationships.

    The dilemma is that if you do not focus on making good money, your business will become anemic and fade before your very eyes. Without sufficient money, you will lose the ability to help people. You need to make good money so you can continue investing in your training and maintain a high level of quality in your business. But this is also about taking care of yourself! If you do not make enough, you will have a depressed lifestyle. This depressed lifestyle leads to stress, and this stress in turn affects your ability to be effective.

    So what can you do? For one thing, it is imperative that service providers learn how to run their business as a business. (Lynn Grodzki’s book Building Your Ideal Private Practice, addresses these issues beautifully. She is a therapist turned business coach who understands the conflict between service and profit that so many people deal with.) And it is also imperative that you improve your relationship to money. One wonderful way to do this is to find role models you admire. Can you find women in business who are making good money and whom you deeply respect? These are women you want to get to know! Another idea is to directly work on how you feel about the wealthy. Look for examples of wealthy people who are not greedy, but are generous, caring, and of service to the community. Keep a running list of these people. As this list grows, your feelings about wealth will also shift.

    Consider doing affirmation work. Try “I easily accept abundance in my life”, or “A profita

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