|
Consulting
|
|
Written by Web Consultants, LLC
|
|
Wednesday, 08 April 2009 |
|
Your
new business was growing just fine, thank you, when out of the blue
sales seemed to slow, then rapidly grind to a halt. It seems that
now, whenever you speak with a client, the conversation turns, a bit
too rapidly, to the economy, followed by how much so-and-so lost in
stocks, or the decline of the housing market. Rarely, if ever, do you
hear someone talk about having just made a great business deal, or
having just racked up some great sales.
It's
depressing -- that's what it is. You watch the news, read the papers
-- or at least the ones that have managed to stay afloat -- perhaps
discussed what to do next with your spouse and/or business partner.
No one seems to have any good ideas. If only you had a mentor or
coach, someone who you could talk with and who could look at your
situation, give advice, perhaps even help you formulate some new
business ideas.
These
folks exist... they're called business consultants... but until
recently their services were usually priced out of reach for the
small business owner. But not anymore -- today, small
business coaching
is a growth business.
The baby-boom generation has had its share of real business leaders,
many of them small business owners now on the verge of retirement or
else simply looking to change careers mid-stream in order to help
others achieve the success they managed to find for themselves.
A
small
business coach
can be a small, one-man operation itself, but not always. Nowadays
franchised strategic
consulting offices are
making their mark in the profession. What better way can there be for
someone to get started helping others succeed in business without
having to reinvent the wheel themselves? After all, time is money,
and a franchise can help get a new small
business coaching service
get up and running with a minimum of effort.
If
you find yourself humbled by the economic tsunami that has pounded
business of late, consider a small investment in both time and money
and contact a business
coaching
service
before it's too late. Perhaps, with unvarnished eyes, your new mentor
will be able to coach you out of this slump and back to business
success.
|
|
|
Consulting
|
|
Written by Web Consultants, LLC
|
|
Wednesday, 08 April 2009 |
|
It's
late and your team is waiting for the final draft of the new product
presentation that you're making tomorrow in St. Louis. But there's a
problem -- you need new numbers so that you can generate a Pro Forma
statement for the project. Unfortunately, those numbers must come
from your partner in Seattle and your marketing guy in Dallas. To
make matters more complicated, each of them will need to factor in
the other's numbers in order to make their own projections so that
you can put together the final document. And you're in Syracuse!
You
long for the old days when you actually worked in the same office as
your team members and could just call everyone into the conference
room to hammer out the new numbers. But wait, you still can --
Online
project management
has gotten a lot easier over the past few years. Services have been
introduced that effectively create, online, an office in what's
become known as the cloud which, in this case is a metaphor for
services that host their applications and your data remotely.
Everything you need, right down to contact information, is virtually
at your fingertips just by logging into the service with a standard
web browser. Subscribing to one of these online
project
services can quickly
give new meaning to the term 'team
collaboration.'
Back
to your problem. A quick email sent off to John in Seattle and Rashid
in Dallas notifies them of your requirements. Both of them quickly
log into the project space that has been reserved for them, download
each other's spreadsheet files, take note of the updated
calculations, and use those numbers to update their own work. After
each updates his own file to reflect the new assumptions, you swoop
in, spreadsheet at the ready. You download each of their files,
update your Pro Forma statement, and modify your presentation file
before heading off to bed, now secure in the knowledge that tomorrow
is going to be a very good day after all.
|
|
Last Updated ( Wednesday, 08 April 2009 )
|
|
|
Consulting
|
|
Written by Web Consultants, LLC
|
|
Wednesday, 08 April 2009 |
|
Tick
- Tock.... Tick - Tock.... Tax - Time... Tax - Time...
You're
one of the fortunate; diligent in your efforts to maintain accurate
accounting records. You have the money to pay an accountant and are
one of the first clients each year to knock on his door with records
in hand, ready to be scrutinized, discected, and parsed onto waiting
tax forms. You're fortunate... and you are a rarity.
Face
it folks. Most of us just aren't as punctual when it comes to the
accounting aspects of our business, are we? We believe that the only
good tax deadline is someone else's tax deadline.
Friend,
it doesn't have to be this way.
Tax
filing
doesn't have to be the stuff of nightmares. Long ago some of us
figured out that buying computers and hiring people to use them was a
sure fire way of saving time; time we could spend on other, more
pleasurable pursuits... like golf. Now here's the kicker. You know
the software that goes into those computers we bought? Not the one
titled "Two Hundred Solitaire Games You Never Knew Existed."
I'm talking about real software -- business software. Well, believe
it or not, there's something called -- get ready for this -- TAX
PREPARATION SOFTWARE!!
Stop dancing. There'll be plenty of time for that later.
Here's the best part. Even you must have heard the term 'e-file' used in conversation, maybe at a bar during last week's big game. But did you know that the 'e' stands for EASY? And do you know who gets to spend more time playing golf if you spend just a little bit of time e-filing taxes? You -- that's who. Now DANCE, my friend. Dance like you've never danced before!
|
|
Last Updated ( Wednesday, 08 April 2009 )
|
|
|
Consulting
|
|
Written by Web Consultants, LLC
|
|
Wednesday, 08 April 2009 |
|
Courts
do not look kindly upon the defendant who pleads ignorance of the
law. How many otherwise law abiding, upstanding business owners have
found themselves in tax court simply because they were unaware of a
particular tax filing requirement and, as a result, failed to pay
their taxes? Even otherwise successful businesses can flounder when
it comes to tax accounting; many times as a result of their
inattention to the details of successful business management.
There
is never a valid reason for ignoring the accounting aspect of one's
business. While many business owners have been stymied when faced
with the debits and credits of the accounting ledger, today there are
a host of accounting
software solutions
that excel in helping one visualize the current financial state of
any business entity. And we're not just talking about easy
payroll accounting software
either. It's now easy to track the value of inventory as it moves
through the system, stay abreast of tax requirements, be notified of
upcoming filing dates, and monitor both current and projected cash
flow.
For
those who prefer not to wade through instruction manuals when trying
to install and configure software on their own computer systems,
there are companies that host the accounting
software online,
making it a simple matter of logging into an account and entering
figures into a web browser. And for those who do not mind getting
their hands dirty, there is an even greater number of professional
accounting software
packages; one or more of which might help keep you from one day
standing before the judge, looking sheepish as you utter the words,
"I didn't know."
|
|
Last Updated ( Wednesday, 08 April 2009 )
|
|
|