All posts in Business

Why Do Every Business Must Have A Business Card

By blogger on

If you are a visionary business undertaker and willing to do anything to take your business to the next level, then you must have a business card. A business card is the most professional and powerful advertising tool that is very convenient for all business strategies. These cards contain information such as contact information, business social media accounts, area of expertise, company logo, photo, and your branding statement. It is designed to provide detailed information to your expected clients. With all the kind of digital developments in the world today, nothing is easier for sharing contact information than a business card.

What Are The Benefits Of Using A Business Card?

Using a business card is not only a strong advertising tool but also come with the following benefits that will eventually promote your business.
A well designed business card facilitate networking with all your clients
It is a professional way of sharing business contacts and information
Unlike the digital Apps, a business card is tangible and most people prefer
Is a sign of long term business relationship since it cannot be easily lost
Does not require high tech gadgets or Apps that require maintenance
Most business cards are not printed on both sides and this enables your client to add valuable note regarding your business

Color printing is the best card service that ensures that you obtain high quality cards that impress and do the required job at the same time. Do not worry about delivery time because it can take between 24 to 48 hours before you get hold of your cards. Excellent card designing services are involved in getting you the best card that is tailored to suit your needs. Order for your cards online and the easy steps will amaze you.

16pt Business Cards

Business Cards vary in designs, sizes, thickness, lengths and colors. Thickness of various cards varies from one printing company to another. Some cards are very thin, 14pt to 15pt, which are equivalent to 20% to 35% thickness of a credit card. 16pt is a Premium Business Card that has a thickness of about 50% the thickness of the credit card. This card is of high quality as compared to 14pt and 15pt cards.

16pt Business Cards are the most popular online cards with up to 8 out of 10 clients always making it their choice when checking out. This premium card service is very affordable. This is because the printing service clearly understands that pricing is very important when buying anything for your business. If you are on a fixed budget but still requires a business card, then you may choose either 14pt to 15pt thickness. If you want to look better and impress, you can add a little more and order silk cards instead. They are executive cards. The 16pt Business Cards are the most popular cards by far and have the right thickness to do the required job and still impress.

Business Cards That Can Easily Entice Customers

By blogger on

Nothing can be a better salesman than your business card. For decades, business owners have been using business cards in introducing their business to target customers. If you want to make your business known in the market, it is worth investing in business cards.

So let us say you own a fitness gym. As your customers and clients are the very foundation of your fitness gym, it is imperative that you have a business card with you all the time. Without these cards to tell people about you and the service you offer, you will not convince anyone who wants to be in great shape to contact you. As statics have shown, a personal trainer business card is likely to be contacted as compared to other cards. This is why it is important to have one truly effective and compelling business card even if they are only cheap business cards. Here are some tips that you can consider if you want your business card to not get discarded and end up never to be seen again.

Every time you give your business car to your target customer, do not forget to ask for their information as well. If you do not do this, you would not have enough bond or relationship with your prospect which can lead to a customer not responding to your call. So, do not let this happen as much as possible. Create a bond with your customers to get positive results all the time.

Give your business card to sure prospects. If you have seen a great prospect but failed to know their information, give them your business card so they can remember you and learn more about you and your business. They can either call you or check out your website if you have one. However, it is a must for you to give them the ball and tell your customer that you will call them after you have given your card. If you do not do this process, you will be hanging a while waiting for your customers call.

Always give all your target customers your business card equipped with your website. This process is a very effective idea that is now used by most fitness trainers and fitness gym owners in getting customers to register in their business. By doing this, you can earn your customers trust since of people nowadays have access to the internet and they will typically look for websites that they are interested in. This will give you will a huge chance to convince all your target customers that you are the right fitness trainer or gym for them.

Give your card a strong call to action is another way of getting attention to business card. Equipping your card with some great phrases or strong call phrases such as call us now and be amazed of the results has a big effect that can convince your target customers in registering in your fitness gym.

Sense of urgency is another thing that you must always equip your business cards. Creating a sense of urgency will encourage your target customers to take action immediately instead of putting your cards away. If you equip your business card with a deadline or expiration date, you can force your customers in calling you back immediately.

Give your business card some life. In the business industry, an attractive and well designed card gets attention easily. This is why it is important to place an image or photo in your business card to add effectiveness to it. Ask your business card printer the best way to print a photo business card. If done correctly, you get to create one exceptionally attractive and persuasive business card.

Itsm – Identifying Core Business Processes Is The First Step Toward Customer Satisfaction

By blogger on

In todays business environment, organisations know that to be competitive, they need to respond to change, especially as customer expectations increase. Customers are more demanding, mobile and informed than ever. Global and distributed organisations need consistency in the quality and levels of service regardless of where and how they conduct business.

It is extremely difficult to meet these challenges in a timely manner if business IT processes are widely dispersed, silo-based and inconsistent. Consistent core IT business processes, language and data representation is essential to allow decision makers to respond quickly to the changing market.

Defining and maintaining consistent IT business processes is a lot easier said than done but critical if an organisation is to survive in todays market. This article will define core business processes and explain how to differentiate these processes from their implementation. It will also review how to prioritise which processes to investigate first.

Defining the core business processes
A “core” business process is defined as the minimum individual tasks to be accomplished to provide a certain level of consistency in output, without any consideration to hardware, software, people resource or performance.

When a core process is implemented, anything can be added to make the process more efficient, but nothing should be eliminated. When the core business process states that certain tasks must be performed in sequence, then it must be reflected in the implementation. In the same manner, any specified steps associated with a task must also be reflected within the implementation.

When asked, most organisations will claim that their core business processes are documented. Yet, typically, it is not the core business process that has been documented but the implementation of that process within a particular system or function. In this scenario, the documentation contains system or application process models reflecting implementation details such as “enter username.” Most times, documentation of a core business process doesnt reflect whether a user is identified by a username, badge number, ID-card, or some other method of authentication, as long as the organisation is satisfied with the accuracy of the documentation. Identifying and authenticating a user is an implementation issue, not a business process.

Its not easy to separate implementation from the core business process. Just take one business process and see how readily you can identify the major tasks involved without letting implementation issues creep into the mix.
And it only gets more difficult when core business processes become more intricate and critical within the enterprise.

Using the right process methodology
The methodology and approach used to identify, derive, or create core business processes will vary with an enterprises size, industry and culture.

There are several proven methodologies and supporting tools for deriving and improving business IT processes (e.g. ITIL and ISO/IEC20000).

Your first steps
1. Investigate and remove hurdles relating to organisational cultural issues, governance processes, and supporting infrastructure up front.
2. Educate participants on what a core business process is, how it will benefit their respective business area, and the chosen methodology that will be used to derive these processes.
3. Dont try and do all of the critical business processes at once. Suggest a phased approach with a sound transition strategy.

Once youve identified core business processes, its important to prioritise which ones to tackle first. A new
business channel or service is a good place to start, as business analysis and requirements gathering have likely already been done, which should provide a good jumping-off point for identifying core processes.
Next, tackle any business process areas featuring disparate results between business units. Then, look at processes for which new enabling technology is being considered. Rounding out the list are those processes supported by different implementation and those supported by more than one location or business.

Process empowerment
It is import that all parties involved in executing the process clearly understand that it is the process that should be empowered, and should not be confused with the organisational function and position performing it. For example the Service Desk working on a major payroll incident, which requires immediate response and resource from the development team.

Process review
Your core processes should be a living entity, it is therefore essential to regularly review the performance of your process and adjust as business demands change. (Refer to the Quality management process review flowchart).

Its never too late to start
If enterprises are to remain competitive; they need to reduce the complexities resulting from widely dispersed and often disparate business processes. Establishing consistent empowered core business processes is just one step toward meeting increasing customer expectations in today’s market.

Cash Flows . Timing Is Everything When It Comes To Financing Business Cash Flow And Capital Management

By blogger on

Working Capital is an area of business that requires solutions that revolve around timing. Timing is everything when it comes to the fundamental problem of managing and solving the cash flow conundrum!Let’s examine some of those solutions using the example of a company trying to grow… which is what it’s all about is it not?!

This is when what we could call your ‘ cash flow cycle ‘ needs to be both understood… and addressed. That’s because the concept of timing has just kicked in … your have produced your goods or provided your services and a specific amount of time has lapsed as you now generate revenues via invoicing… and wait for payment. It’s no secret that that whole cycle varies between each company and industry. But whether your cycle is 30 days or 120 days the effects of that timing require certain activities to be financed.

The timing around this cycle, as well as the solutions that your bring to bear makes or breaks your overall liquidity and solvency – aka ‘ Survival’!Example of the need to finance that cycle are should be quite clear – your firm must buy supplies or inventory, at the same time taking on payables. Wages and salaries must be covered and then you’re in the waiting game when it comes to delivery and acceptance of your goods and services, as well as final payment from your clients based on your credit terms. It’s therefore no secret to the business owner to see that using our example it can easily take those 30-120 days for a dollar to in effect flow through your company.

Again… it’s ‘ timing’!When you look at your balance sheet you see that the ratios of current assets and liabilities have also changed dramatically. You’re unfortunately less liquid and this can only be solved by financing the shortages you have carried. Of course your customer could pre pay you in advance for orders, or pay you ‘ cash on delivery ‘ but that’s not the perfect world we dream about.Financing business cash flow is all about monetizing and managing your assets.

Solutions in Canada include:

Receivable financing
Commercial bank lines of credit
Asset based lines of credit
Sale lease backs
Tax credit monetization
Purchase Order and Supply Chain financing

Utilize one or a combination of solutions to manage the ‘ patterns’ of financing that your business needs. Seek out and speak to a trusted, credible and experienced Canadian business financing advisor who can assist your with putting together a solution that addresses the timing of cash flows and capital in your business.

Different Strategic Levels In A Business Organization

By blogger on

A business strategy defines the direction in which a business will take in the future. The business organization tries to achieve an advantage over the competition by the configuration of its resources within a confronting setting so that the needs of the market are met and the expectations of its stockholders are fulfilled. This is the overall definition of a business strategy. This focuses a business organization on which market it should engage in and the activities that are needed to compete in that particular market for the business to grow.

In making a business strategy, the planners need to determine how the organization can outperform its competition in a particular market niche. These are the advantages of the company which it needs to utilize, in order to gain the upper hand. In this connection, the right resources that the company can utilize should be gained, in order to maintain its competitive advantage. These resources will include the skills, various company assets, relationships, facilities and technical competence. As an organization plan how to manage its resources, it should also take into consideration the environment in which it is to operate. These are the external factors which can have an effect on the ability of a business organization to compete. Furthermore, the hope and values of its stakeholders should also be taken into account on the overall business strategy.

Though there is an overall strategy which a business organization enforces, there are different levels in a business setting where particular strategies are implemented. First there is the so called corporate strategy. In this particular strategy level, the focus is on the overall purpose and coverage of the organization to meet the expectations of its stockholders. This is crucial to the company since it has a great influence on its investors and guides the strategic decision making all through the company. A corporate business strategy is posted for all to see in the mission statement of a company.

Next in importance to the corporate strategy would be the business unit strategy of a particular business organization. A business unit strategy is mainly concerned with how a business can compete in its chosen market niche. The decisions which are the focus of attention in a business unit level are about meeting the needs of its costumers, choice of products, gaining advantage on the competition and the creation and exploitation of new opportunities.

The next level of business strategy which a business organization focuses on is the operational strategy of the company. At this level, the focus is on how each segment of the business can be systematized so as to give the direction to the business unit strategy. The consideration is on processes, people, resources and other such concerns. Various business organizations have their own strategies which they see are most advantageous to the company. They each implement safeguards to guarantee that strategic goals and objectives are met and vigorously implemented and followed by each member of the team.