Business

Business Tips & Info


Using the Professionals

One of the most difficult aspects of starting and running a small business is knowing what are the requirements for compliance with the law and government regulations and what business pitfalls to avoid.

There are at least 3 important professionals whose services are invaluable to the beginning entrepreneur: the lawyer, accountant and banker. Sooner or later, though, you'll be hiring other professional to help you in some aspect of your business.

Here's a list of professionals and an idea of what each one can do for you:

The Lawyer

The Accountant

The Banker

Other Professionals

The Lawyer:

A lawyer can offer you expert advice on establishing a small business, buying an existing business, or evaluating a franchise opportunity. He or she can also help you draw up a partnership agreement, plan for expansion through incorporation, sale or purchase of your business, provide research and advice, help you with regulations etc. More >>>

The Accountant:

Many businesses use the service of an accountant to put their income tax information together once a year. The good accountant can provide you with much more. He or she can help you interpret financial information so you can make business decisions based on facts. More >>>

The Banker:

When you open any form of business with a bank, you can usually call upon the training and expertise of its professionals to help you start and build your enterprise. You should tell him/her about your business idea at early stage. More >>>

Other Professionals:

Every business revolves around making decisions, often risky, usually with incomplete information and too often in less time than we need. Business owners and executives at every level, in every industry, are confronted with information overload, less leeway for mistakes, and a business environment that changes rapidly. More >>>


Related Links:

Business Guide

Factors to Consider

Your Product or Service

Protecting Your Product or Service

Your Customers

Glossary of Business & Financial Terms

Ratio Analysis

Financing

Sources of Business Financing

Determine Cost

Web Design

Web Hosting

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.



Accept responsibility
rather than blaming someone else
Let difficult people know
you can see their perspective
Keep your cool
show empathy and apologize

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...