Accept responsibility
rather than blaming someone else
Let difficult people know
you can see their perspective
Keep your cool
show empathy and apologize
Business
Business Tips & Info
Cash Flow
Cash flow is the term used to describe the movement of money in a business - the money coming in (revenue) versus the money going out (expenses and overhead). Maintaining a proper cash flow is probably the most important factor for a business to be successful.
It's vital to calculate your cash flow. Sales and revenues aren't constant, and because of that managing your cash efficiently is just as important to a small business as it is to a big company.
Whether your business operation is a small or big, the name of the business game is:
SELL THE PRODUCTS OR SERVICE & GET PAID FOR THEM!
GETTING PAID
Options You Have for Getting Paid:
MAKING PAYMENTS
Manage your payments as efficiently as possible. You have to evaluate various payment methods to determine which are best for your business.
Options You Have for Making Payments:
Pre-Authorized Payments (PAP-s)
Electronic Data Interchange (EDI)
TAKE ADVANTAGE OF THE TRADE CREDIT, PAY AS LATE AS REASONABLY POSSIBLE - UNLESS YOU'RE TAKING DISCOUNT FOR EARLY PAYMENT.
Related Links:
Protecting Your Product or Service
Defusing Difficult Relationships
Being a business owner can sometimes test you patience. Cranky employees and difficult customers can sometimes make you feel like you are a magnet for attracting frustrated people and problems. In order to survive and keep your sanity in going forward, address all factors that affect your business with a strategic and patient approach. Remember the first golden rule of conflict resolution: "LISTEN AND KEEP YOUR COOL." The second rule is: "BE PLEASANT AND KEEP AN OPEN MIND." The third rule is: "ACCEPT RESPONSIBILITY, SHOW EMPATHY AND OFFER APOLOGY IF YOU MADE MISTAKE OR CONTRIBUTED TO THE PROBLEM." How you respond can make the difference between solving the problem or losing.Did You Know?
It doesn't take a fortune to sell your products and services on the Internet. It just takes some knowledge of what your customers want and how to find a way to present your sales solution to them.For business people either selling products or promoting their services on the Internet, the importance of attractive, fast, usable sites can't be overstressed. Much like a counter person or storefront, the appearance and function of a business' website conveys an image of the company to the customer.
Your website is your image on the Internet. That image can either be good or bad, and bad images don't sell. Adhering to a few common sense web design rules can help with the public's perception of your company and increase your sales. Find out more...
RomWell Travel Guide
It is quite true that the more you travel, the more interested in travel you are. No matter how many times you visited interesting places, there is always something new to be discovered. Learn more about your destination before your trip and make it even more enjoyable and practical.
Find out more
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