Posts Tagged ‘business management’
Memo from the Executive Suite
In hard times like these, learning about how to make more money is often the highest reward experience for any business leader.
What are the options? Amazingly, it is no surprise that one of the best ways that is encountered for the business leader to make a difference is to start writing a book and working toward becoming a bestselling author.
Wonderful, you’ve made the decision to write a book. Congratulations, success is in your future! A book can give you recognition and help you to attract higher numbers of clients to your business. And if those are your only goals, then the sooner you begin writing a book, the better. However, if you are just focusing on having a book fast, you might miss one of the best reasons for having a book…and that is to make money.
Getting an eternal bestseller credential and attracting more clients can actually be achieved quicker and easier says business adviser to authors DrProactive Randy Gilbert, if you “slow down and take some time to create a bestselling business around your book”. He says that you will be rewarded with an outstandingbook, more money, and a passive income that far exceeds what the book alone would have earned.
It can make you a bestselling author, and a millionaire at the same time, which is why DrProactive named “bestselling business”. Getting busy and starting to write a book that has a business built as an integral part of it, is super important.
You can use the procedure below to create your own bestselling business centered on your book.
Use the same expert knowledge that will be going into your book to create other information products. One of the fastest products to create is a Teleseminar.
Just ask a friend or JV Partner to interview you and invite their list to listen. This is a real win-win, because they will be exposing their followers to some great content, and you will have a recording that can be transcribed and turned into a part of your book. A 60 minute interview could become 30 to 40 pages of a book. Do the same thing for each main topic and you’ll have your book in no time.
There are at least six other optional products that will help you write your book and make money at the same time. Each of these options will help you to Pre-Sell your books before they are published. You can become an automatic bestselling author if you use these strategies to get enough pre-sales. Being a bestselling author is far better recognition and it usually helps to get more clients too.
ACTION POINT: If you want to find out how to write and publish a good book that makes money and makes you a bestselling author, then you must follow the recipe that top authors use to successfully reach that goal. Make a decision to use the Key Factors outlined above and keep your eye on the ball, and you’ll hit a home run every time.
You can’t start yesterday, and you shouldn’t put it off until tomorrow. Get started right now with building a bestselling business around your book. You’ll get a bestselling book and a million dollar business the quick and easy way.
Coping with rising insurance premiums has become an increasingly serious issue for business both in the US and worldwide. The situation has become even more emphasised as a result of the recession gathering momentum over the past year. Yet often overlooked is the fact that according to recent findings, as much as 70% of businesses are overinsuring their fixed assets!
The problem arises from a systemic lack of accurate and up to date information in the fixed assets register, the database which keeps all the information on tangible assets. What ends up happening in this scenario is paying for insurance on fixed assets they don’t even own any longer. Another scenario is where the value of insured assets has depreciated to the extent where the insurance premiums could be lowered simply by calculating this asset depreciation.
The matter is made worse when it is necessary to actually make a claim too, since insurance companies will challenge or under-pay on claims not backed up by the most thorough records in a company’s asset register.Here I’m talking about things like accurate descriptions, proof of where the asset is located, identifying serial numbers and so on.Think of a similar parallel at home - if your house was burgled and you claimed on house insurance, imagine what the outcome would be if you failed to provide a reciept for your TV, computer and other items.
A lot of the time when an asset is replaced or thrown out, it is no longer seen as a problem by the financial people since its value on the company books has degraded to zero.What this means is that updating the asset database is not high on the to do list for many. However, if and when the company does need to make a claim on the policy, insurance investigators will certainly not look kindly on the asset register not being up to date and fully detailed.
The lack of an up to date asset register is probably common knowledge to many organizations. But I don’t feel many organizations know just how bad this is. Even less known is the extent of the savings that could be made from proper asset managment on insurance costs, and the gains in improving the success and outcomes of claims. A leading expert in fixed asset management software estimates that on average organizations are over-insuring by more than 20%. Surely that justifies some serious time and investment on making sure you have a decent fixed asset tracking system in place.
Heather is a forty-nine-year-old woman who is the director of the human resources department at a large copper molding company. To lower the costs correlated with work related injuries, poor employee work performance, excessive sick days, employee alcoholism and alcohol abuse, and increasing absenteeism, Heather and the other members of top management instituted several programs that made the work environment considerably more safe, healthy, and more productive.
For example, twelve years ago Heather and the other members of upper management implemented an Employee’s Assistance Program so that all the employees had access to professional therapy for their personal problems that could unfavorably influence their health, work performance, and their personal well-being.
The Company Administrators Assemble a Technologically Advanced Exercise and Workout Room Complete With a Professional Trainer During Business Hours, Exercise Equipment, Mirrors, Exercise Charts, Weights, and Scales
As another illustration, nearly six-and-a-half years ago Heather and the other members of upper management erected a modern exercise and workout room complete with exercise charts, a personal trainer during business hours, many different types of exercise equipment, mirrors, weights, and scales.
Moreover, around five years ago Heather and the other members of upper management invested in a distillation system that filters all the water that is available all through the main building. In much the same way, three years ago, Heather and the other members of upper management started a “walking club” that is principally intended for workers who want to build up their cardiovascular system.
The VIPs Launch a Weight-Watchers Class and Sign Up a Weight-Loss Nurse to Supervise the Program
As another example, roughly two-and-a-half years ago, Heather and the other members of top management developed a “Weight-Watchers” class that at this moment in time meets every Tuesday and Thursday at 4:30 PM until 5:50 PM. Moreover, the company executives employed a weight-loss healthcare professional to supervise the program.
In the same way, a year ago Heather and the other company administrators launched a “Stop Smoking Club” for workers who want to learn how to stop or reduce their smoking.
In the last twelve months, in a joint venture with the Employee’s Assistance Program, Heather and the other company executives put into operation an “Anger Management” class for employees who want to control their anger issues.
The Company Leaders Put Into Operation a Drug and Alcohol Testing Program
In the last three months, Heather and the other company executives established a alcohol and drug testing program that is related to their drug and alcohol abuse prevention program. In actual fact, Heather is the key individual in the company responsible for getting the message out to all the workers about the drug and alcohol abuse prevention program as well as the drug and alcohol testing program.
One of the major elements of the drug and alcohol abuse prevention program is a class entitled “Alcoholism and Depression” that meets every Friday after work. The essential idea with this class is informing workers that hazardous drinking and depression routinely happen in the same person. It is hoped that comprehending this information can help an individual address both medical problems and get the alcohol rehabilitation and mental health therapy he or she needs.
The VIPs Institute an Alcohol Statistics and Facts Class
Another relatively recent addition to the drug and alcohol abuse prevention program is a class entitled “Alcohol Statistics and Facts.” The rationale behind this alcohol statistics facts class is the reality that more than a few people do not recognize the total impact of the effects of alcoholism and alcohol abuse without first getting exposed to some of the alcohol abuse and alcoholism facts and statistics that are available. As a result, one of the objectives of this class is to provide a variety of alcohol abuse and alcoholism facts and statistics in order to help employees gain a better comprehension of the many of problems that are related to irresponsible and abusive drinking and how they can prevent these issues from transpiring.
Most recently, Heather and the other members of upper management, through observations from workers, started a class that focuses directly on acute drinking entitled “What is Alcoholism”? This class meets every Tuesday morning a half hour before work and focuses predominantly on the differences between alcohol abuse and alcoholism, on the stages of alcoholism, and on the different forms of treatment that are available for people who have alcohol drinking problems such as individuals who drink in a hazardous manner.
Although each and every one of these health and preventative maintenance programs was anything but low-cost, the company administrators feel that they are several thousands of dollars ahead by providing all of their workers with a safe, more productive, and healthy work environment.