Atricle Dump - Business

Profit and Loss Account Basics
What is a profit and loss account?The profit and loss account (p&l) is usually presented as a statement and it shows the trading activity and associated expenditure of an organisation over a defined period of time. A typical p&l will contain the following:SalesThis is the turnover of the business, the main source of income from sales of products or services. This figure is always net of

the three to truly be healthy. In your company your products are the body, which is controlled by the mind through all these processes and analysis. Your people are the spirit and if in a human being the spirit is suffering, mind and body will get sick very soon not being able to perform as required anymore.

In most companies I saw during my care

Office Furniture
Moving your company from a small office or a home to a larger office can be an exciting time but it can also be a very expensive time. Office furniture can be expensive and depending on the type of business you are running can inhibit your employee's energy and productivity. I have often found that walking into an office with neon lighting and gray cubicles on all side takes the energy out of me as soon as I move into the room. I fee

Imagine you did everything you could as a business owner and/or CEO to make your particular business stand out and be the benchmark for all others. You analyzed carefully with the help of experts in each field how your business needs to be set up, which processes need to be in place, what kind of organizational structure you need, how exactly your market looks like, which would be your target group, what kind of demographics and psychographics are describing your potential customers, what is your USP, how do your competitors look like and who are they, SWOT, Strategy, etc. And after all that you realize that it is still not working the way you would wish, even if you might be fairly successful.

If you are determined to make your dream come true go on reading, there might be something you just didn’t know or overlooked.

What your business needs is a Transformation. First let’s have a look at the definition of transformation: “Act of changing in form or shape or appearance, modifying and incorporating…” And you might say “Well, that’s exactly what I am doing all the time!” The question is whether you are transforming the heart and soul of your business: The people including yourself.

Your business is certainly built upon your products and your ideas and you should be proud of it. But it is like us human beings: We consist of body, mind and spirit and there must be a balance between the three to truly be healthy. In your company your products are the body, which is controlled by the mind through all these processes and analysis. Your people are the spirit and if in a human being the spirit is suffering, mind and body will get sick very soon not being able to perform as required anymore.

In most companies I saw during my caree

Unemployment Blues: Staying Afloat
The unemployment checks are running out and there is no potential job in sight. The wolf is knocking at the door and you need to survive.Here are five tips to keep you afloat.1. Ignore your ego and get everyone on board. You hate letting your children see you as less than competent and completely in charge but now is the time to share your predicament and let them help. By talking with your family, you allow even small

t looks like, which would be your target group, what kind of demographics and psychographics are describing your potential customers, what is your USP, how do your competitors look like and who are they, SWOT, Strategy, etc. And after all that you realize that it is still not working the way you would wish, even if you might be fairly successful.

If you are determined to make your dream come true go on reading, there might be something you just didn’t know or overlooked.

In most companies I saw during my care

Counter-Offers: Do They Merit Consideration?
You are one of the fortunate few who have not been downsized. However, your current job isn’t exactly fulfilling. Perhaps it isn’t what you enjoy doing. Maybe the hours are too long. Perhaps you are having some conflicts with your supervisor. Your salary may not be on par with average job salaries for the same type and level of position, or not come close to what you feel you are worth. Whatever the reason(s), you have decided

If you are determined to make your dream come true go on reading, there might be something you just didn’t know or overlooked.

In most companies I saw during my care

Emerging Trends: Handicrafts Industry
Electronic commerce (e-commerce) is increasingly discussed and written about in today’s knowledge-based economies. Although there are currently no internationally agreed-upon definitions of e-commerce, the OECD (Organization for Economic Co-operation and Development) defines e-commerce transactions as: the sale or purchase of goods or services, whether between businesses, households, individuals, governments, and other public or priv

tly what I am doing all the time!” The question is whether you are transforming the heart and soul of your business: The people including yourself.

In most companies I saw during my care

CBS VS Google
Viacom (CBS) is suing you tube (Google), for displaying clips of their shows like CSI and the Colbert report. I would like to know why. Being on you tube, wouldn’t you get more exposure, more fans, intern bringing more revenue. Won’t people get sick of the six minute clips and poor video quality and watch it on t.v. Viacom should think as you tube doing a service, like teaser trailers.It sounds like Redstone (ceo of Viacom) is

In most companies I saw during my career “body and mind” were taken care of but nobody was a bit interested in the "spirit" or in other words the people. Only rules and regulations were abundant around them but the larger the company the lesser the interest in listening to people. Often then the result was disastrous for the company ending up deep in the red numbers or filing even bankruptcy and many, many people being laid off.

Transformation starts with you! That’s right, with you as the owner and CEO and within you. You got to find out where you are at, how you behave, and what impact you have on the people you lead. You must ask yourself some tough questions and deal with the answers you are getting from you. Here are some sample questions:

What are your biggest fears you have?

What makes you believe that you are a good leader?

What would be the highest vision about yourself you can come up with?

There are many more questions to ask and a lot of specific points to observe in your business to know where it is going right now and why. But it would not fit into the scope of this article. The intent is to make you aware that the truth about your business is within you and with the right Coach (I am aware that “Coaching” is probably the most misunderstood and misused word nowadays.) you will grow your business beyond your expectations. Who is the right coach for you? Only you can answer this, but I encourag

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Before you even go to an interview or first meeting with a decision-maker you MUST avoid the compensation pitfalls that can derail your good intentions.

One of the biggest concerns and the reason why so many consultants and MBA business schools study change management is because it directly affects the productivity of the company and the efficiency and the use of the organizational capital, which has been already established at the management levels.

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