For most small businesses, human resource management often ranks low in priority as compared to other aspects of operation such as finance, production, fund procurement distribution and marketing, which take precedence. However, personnel management is as crucial for small businesses as focusing on other areas since nurturing and retaining talent […]
Otto Eovaldi
The Top 10 Keys to Building a Successful Business
Building a business is both challenging and rewarding. It takes great ideas, resources, technical expertise and a lot of hard work to create a thriving enterprise. You can increase your chances for success by taking 10 key steps. 1. Honestly assess your strengths and weaknesses. Your first step in building […]
Top 10 Small Business Ideas for 2012
Starting a small business takes a lot of planning and the ability to execute your business plans. Though it doesn’t require a big capital for a small business however you cannot lose your capital as this will cause a serious trouble on the financial front at the same time your […]
How to Become a Motivational Speaker – Career Advice For Natural Born Leaders
If you examine the podium professionals that have top speakers bureau representation, you’ll see members of the business and political elite. For example, Sir Richard Branson, founder of the Virgin brand, is prominently displayed at one of the agencies that represents me. Clearly, he is a business celebrity, in the […]
FASB Proposed Lease Accounting Changes – Impacts on Commercial Real Estate
Introduction: The Financial Accounting Standards Board (FASB) on August, 17, 2010 released their “exposure draft” requiring companies to record nearly all leases on their balance sheets as a “right to use” asset, and a corresponding “future lease payment – liability”. What does this mean to your business in layman terms? […]
Changing Business Strategies 2020
The ongoing COVID-19 pandemic has turned life upside-down for many Americans, and has forced many small business owners to either temporarily shutter their businesses or at the very least completely change the way in which they operate. Some small businesses have been forced to close down due to an inability […]
The Numerology of Old Blood and Guts – General George Patton
George Patton was the most brilliant commander of an army in the open field that our or any other service produced. ~ Dwight D. Eisenhower, Supreme Commander of the Allied Forces in World War II and the 34th President of the United States. “Old Blood and Guts” was the moniker […]
RC Drift Car General Maintenance
While RC drift and touring cars are not known for getting covered in mud and filth it is undoubtedly worth cleaning them on a regular basis to ensure they remain in tip-top condition. Fortunately, drifters are on-road cars and don’t get plastered in mud. However, over time, the build up […]
Business Process Improvement – Creating Internal Controls, Tools, and Metrics
To bring a business process to life, beyond simply drawing a map, you need to establish internal controls, create tools that increase its efficiency, and develop metrics. These items make the process real to others. Internal controls: use these to identify points in the business process where mistakes can occur […]
Biotechnology in Agriculture
The term agriculture refers to cultivation of plants, animals for food, fuels, clothes, medicine and other products which are essential for our living. Conventional agriculture is practiced in several ways by different people around the globe. It is well known that agricultural products have different quality from place to place […]