Will You Add? - Business

Web Branding: Nobody's Perfect – and That's Good
Web branding is antithetical to the notion of perfection. Sometimes the best web branding advice is to let your humanity leak onto the web page. Life’s messy and perfection is not a trait known to mankind.If you make a mistake admit it, laugh about it, make fun of it, allow others to comment on it – in the process you will find prospects looking at your website or blog with an appreciation f

sts of every employee working on a project. The first time we did this we had a nasty surprise - costs had crept up dramatically on one of our projects! How about a report that shows exactly what activities an employee actually spends his time on. Many very revealing reports are available if the data is collected correctly.

Step 4: Track

The reports you have should give you information in daily, weekly, monthly and annual format. This gives you the cha

Inside Sales, an Unrecognized Industry
I often see people attempt to find CRM tools that service both inside and outside sales organizations. I am a partner in a Hosted CRM Application provider that had focused on creating a CRM for these types of companies.The inside sales space is a space that has been largely ignored by most providers in the market. However, it’s a space larger than most people realize. To get an understand

If you do not know right now which of your employees is making money for you, how much they are costing you or whether you're operating profitably, this short article will provide vital information for you.

Employees cost huge amounts of money and the stark reality is that unless every employee pays their way a lot of YOUR money could end-up down the drain!!

But how do you know which employees are working profitably for you, especially if your employees are spread all over the country or even the world? Indeed some may be frittering away hours (your money) on wasteful activities. For all you know your money could be leaking away drop by costly drop, like water from a dripping tap.

So here are five steps you can take very quickly to switch-off that dripping tap!

Step 1: Monetise

Calculate the true hourly cost of your employee per hour. You can work out a percentage to add to your employee hourly rate that will cover all the overhead. Examples include a share of office overheads, pension and health care payments, the cost of holidays and sickness (which are non-productive for you but still need to be paid for). Build a list of all costs and include them in the hourly rate.

Step 2: Measure

What can't be measured can't be improved. The second step is to get your employees to use a timesheet. A timesheet records the number of hours spent on activities. The employee usually has to enter hours into a table cell in a spreadsheet or software form each day. Activities are often grouped in a project. There are many excellent timesheet systems available.

Step 3: Report

The information entered by your employees is priceless to you if you are an employer, manager or business owner. It should be gathered together to form the basis of reports. What reports? How about a report that shows the total of hourly costs of every employee working on a project. The first time we did this we had a nasty surprise - costs had crept up dramatically on one of our projects! How about a report that shows exactly what activities an employee actually spends his time on. Many very revealing reports are available if the data is collected correctly.

Step 4: Track

The reports you have should give you information in daily, weekly, monthly and annual format. This gives you the chan

Increased Revenue and Optimized Routes
The Cost of Business Many service companies (e.g. plumbing, air conditioning) compete in very competitive markets. These companies focus on maximizing revenues while controlling costs. However, the nature scheduling work orders is chaotic and presents hurdles for companies when controlling costs.Call centers schedule work orders as they come in. These work orders are

re spread all over the country or even the world? Indeed some may be frittering away hours (your money) on wasteful activities. For all you know your money could be leaking away drop by costly drop, like water from a dripping tap.

So here are five steps you can take very quickly to switch-off that dripping tap!

Step 1: Monetise

Step 2: Measure

Step 3: Report

Step 4: Track

The reports you have should give you information in daily, weekly, monthly and annual format. This gives you the cha

Is Hard-Hitting Advertising Effective?
Many years ago I attended a seminar about advertising. The guest speaker was a well-known advertising copywriter from Chicago. He quoted his favorite ad. "WANTED, WATCHDOG.ONE THAT BITES."That just about sums up my feelings about advertising. I simply am not switched on to hard-hitting advertising which is full of exaggerations, half-truths and the like. It takes much more than that to convi

that will cover all the overhead. Examples include a share of office overheads, pension and health care payments, the cost of holidays and sickness (which are non-productive for you but still need to be paid for). Build a list of all costs and include them in the hourly rate.

Step 2: Measure

Step 3: Report

Step 4: Track

The reports you have should give you information in daily, weekly, monthly and annual format. This gives you the cha

The Powerful Profit and Loss Statement
The Profit and Loss Statement, also called the Income Statement for accounting, has five important parts: 1) Incomes, 2) Other Incomes, 3) Expenses, 4) Other Expenses and 5) Net Income or loss. It conveys how the business received and spent monies during the period of the statement. The statement can cover any time period but it typically covers monthly, quarterly, or yearly periods. Each of the

The employee usually has to enter hours into a table cell in a spreadsheet or software form each day. Activities are often grouped in a project. There are many excellent timesheet systems available.

Step 3: Report

Step 4: Track

The reports you have should give you information in daily, weekly, monthly and annual format. This gives you the cha

Corporate Gifts
For all those who innocently enquire- why would a profit hungry corporation start distributing corporate gifts to anybody, here is some information that will come as a surprise. Distribution of Corporate gifts has been one of the oldest management techniques to either motivate its employees or reach out to the customers.How does giving gifts help?Corporate gifts are effective in boost

Step 4: Track

The reports you have should give you information in daily, weekly, monthly and annual format. This gives you the chance to see if your costs are increasing or falling. Therefore you can see the results of any changes you make.

Step 5: Confront

This is a vital step: Show the employee the true cost his time and how much each activity he is involved with costs the company. Employees are often completely unaware how much they cost the company. Of course, this step has to be done carefully, unless you have a real problem to confront. It might be good to show a group of employees the average cost of an employee hour, so that no one individual employee thinks he is being singled-out for 'special treatment'.

Summary

Tracking employee activity in this way can truly be an enlightening experience. With the right information you can stop or reduce wasteful and costly activity and focus on activities that are literally profitable.

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.atriclecheck.com/article/22590/atriclecheck-Employers-and-Managers--Five-Steps-to-Greater-Employee-Profitability.html">Employers and Managers - Five Steps to Greater Employee Profitability</a>

BB link (for phorums):
[url=http://www.atriclecheck.com/article/22590/atriclecheck-Employers-and-Managers--Five-Steps-to-Greater-Employee-Profitability.html]Employers and Managers - Five Steps to Greater Employee Profitability[/url]

Do franchise regulations from the government help protect the franchise buyer this has been a big debate amongst franchising attorneys on both the Franchisor and the franchisee side of the law. Further, 13 states have instituted franchise regulations and required registration before a franchise or sells franchises to a resident in that state.

How do you know you are asking the right price for your products or services? Is it enough to know that you make a profit at the end of the day? Does your business pay for your retirement? Is your business competitive? This article will give you an answer to these questions.

Tags

Links

Will You Add? - Employers and Managers - Five Steps to Greater Employee Profitability

Related Articles: