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Hub You - The FOCUS Marketing Method
Hows and Do'nts of Structuring a Business Note for Sale
Every year thousands of business notes, which is a promissory note, are created when a seller of a business takes back some of the financing of the business sale. Another name for this is 'Seller Financing' of a business sale. The majority of business notes are associated with the sale of a small business (i.e. A business whose annual revenues are less than $1M and usually have less than 10 employees).A business owner who is selling their business usually would like to walk completely away from the business they have owned/managed for a number of years. However, when a buyer is having a problem with arranging financing
ing efforts pay off.Every year thousands of business notes, which is a promissory note, are created when a seller of a business takes back some of the financing of the business sale. Another name for this is 'Seller Financing' of a business sale. The majority of business notes are associated with the sale of a small business (i.e. A business whose annual revenues are less than $1M and usually have less than 10 employees).A business owner who is selling their business usually would like to walk completely away from the business they have owned/managed for a number of years. However, when a buyer is having a problem with arranging financing
"F" is for Filtered. Concentrate on ta
Team Building Requires One Great Dynamic for True Success - Mateship
A Successful Team is built around mateship, around respect for your team mates and for yourself. I am not saying that everyone will get on like best buddies, what I noticed is that in all our ‘differences’ everyone was accepted as they were, got on within the boundaries of the club and got the job done. I have seen teams that have been full of stars, as I am sure you have too, and those teams have not succeeded. They have not achieved their full potentials as individuals or as a team.Does that seem a strange notion when I say that an individual can achieve their full potential as part of a Team? Many professional athletes
Entrepreneurs and small business owners know they need to market their business to make more money and attract more customers, but they often don't know how to go about it. That's why my FOCUS Marketing™ Method is such a powerful tool. It gives you specific techniques to make your marketing efforts pay off.A Successful Team is built around mateship, around respect for your team mates and for yourself. I am not saying that everyone will get on like best buddies, what I noticed is that in all our ‘differences’ everyone was accepted as they were, got on within the boundaries of the club and got the job done. I have seen teams that have been full of stars, as I am sure you have too, and those teams have not succeeded. They have not achieved their full potentials as individuals or as a team.Does that seem a strange notion when I say that an individual can achieve their full potential as part of a Team? Many professional athletes
"F" is for Filtered. Concentrate on ta
Opening A Dollar Store - Focus on Payroll Cost Reduction
For the entrepreneur who is opening a dollar store cost reduction is an ongoing challenge. It is a challenge that needs to be addressed in every aspect of the business. One of the most important areas of focus is payroll.Payroll cost reduction can be extremely difficult to achieve without an ongoing plan. If you are opening a dollar store that plan needs to focus on anticipated sales, with total payroll being a percentage of the projected sales. A monthly payroll target can be established against anticipated sales for the upcoming month. As weekly sales goals are achieved, small adjustments can be made to the next week’s
usiness to make more money and attract more customers, but they often don't know how to go about it. That's why my FOCUS Marketing™ Method is such a powerful tool. It gives you specific techniques to make your marketing efforts pay off.For the entrepreneur who is opening a dollar store cost reduction is an ongoing challenge. It is a challenge that needs to be addressed in every aspect of the business. One of the most important areas of focus is payroll.Payroll cost reduction can be extremely difficult to achieve without an ongoing plan. If you are opening a dollar store that plan needs to focus on anticipated sales, with total payroll being a percentage of the projected sales. A monthly payroll target can be established against anticipated sales for the upcoming month. As weekly sales goals are achieved, small adjustments can be made to the next week’s
"F" is for Filtered. Concentrate on ta
The Best Laid Strategic Plans
The goal of long - term planning is not to strategize but; to prepare key minds to make sound decisions.Background. Most companies invest a significant amount of time and effort in a formal annual strategic planning process but, many executives see little benefit from the investment. One manager told us, "our planning process is like a primitive tribal ritual; there is a lot of dancing, waving of feathers and beating of drums. No one is exactly sure why we do it but, there is an almost mystical hope that something good will come out of it." Another said, "it's like the old communist syste
n't know how to go about it. That's why my FOCUS Marketing™ Method is such a powerful tool. It gives you specific techniques to make your marketing efforts pay off.The goal of long - term planning is not to strategize but; to prepare key minds to make sound decisions.Background. Most companies invest a significant amount of time and effort in a formal annual strategic planning process but, many executives see little benefit from the investment. One manager told us, "our planning process is like a primitive tribal ritual; there is a lot of dancing, waving of feathers and beating of drums. No one is exactly sure why we do it but, there is an almost mystical hope that something good will come out of it." Another said, "it's like the old communist syste
"F" is for Filtered. Concentrate on ta
Two Types of Project Managers
The concern of a project manager is to deliver a project on time, on budget and with the quality (functionality) as defined. The Time and Budget aspects are relatively clear and straightforward. They are not less difficult to manage, but most people involved in the project and external stakeholders, know what (figures and timelines) you are talking about. The quality aspect however is often open to discussion. And when you enter these discussions, the budget and time aspect will consequently open for them selves.Before you know you are in the middle of a flight that has no destination, no fuel indicator nor estimation on
ch a powerful tool. It gives you specific techniques to make your marketing efforts pay off.The concern of a project manager is to deliver a project on time, on budget and with the quality (functionality) as defined. The Time and Budget aspects are relatively clear and straightforward. They are not less difficult to manage, but most people involved in the project and external stakeholders, know what (figures and timelines) you are talking about. The quality aspect however is often open to discussion. And when you enter these discussions, the budget and time aspect will consequently open for them selves.Before you know you are in the middle of a flight that has no destination, no fuel indicator nor estimation on
"F" is for Filtered. Concentrate on ta
Selling Is The Most Important Job For Every Entrepreneur
Let’s consider the example of an entrepreneurial inventor attempting to market his newest creation: a portable hydrostatic body fat test appliance. Design is complete, testing is finished and results exceeded initial assumptions, several working prototypes have been built, UL Approval is in hand, patents filed and a business plan has been customized. The wellness aspects of the unit make it timely and potentially very lucrative if handled properly.Most entrepreneurs would consider the status of the above-described project to be advanced and well positioned. Only one problem, a very big problem: the inventor is a brilliant
ing efforts pay off.Let’s consider the example of an entrepreneurial inventor attempting to market his newest creation: a portable hydrostatic body fat test appliance. Design is complete, testing is finished and results exceeded initial assumptions, several working prototypes have been built, UL Approval is in hand, patents filed and a business plan has been customized. The wellness aspects of the unit make it timely and potentially very lucrative if handled properly.Most entrepreneurs would consider the status of the above-described project to be advanced and well positioned. Only one problem, a very big problem: the inventor is a brilliant
"F" is for Filtered. Concentrate on targeting people in a specific niche market to attract your ideal clients—those people who you serve well and who you are most alike. Think about what types of people you best identify with and what life experiences, interests, hobbies, and roles you might share with them. Then consider wh
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