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  • Will You Add? - How to Get Paid

    Calendars and Cubicles
    Calendars and cubicles, do you wonder how they could possibly be related? Calendars have been around for hundreds of years. The primary practical use of a calendar is to identify days. They help us to be informed about a future event and to record an event that has happened. They allow us to plan ahead and to record events, dates and appointments that are important to us. For example, a calendar provides a way to determine which days are religious or civil holidays, which days mark the beginning and end of business accounting periods, and which days have legal significance, such as the day taxes are due or a contrac
    50% deposit, then scheduled payments all due before completion of the project, and 100% payable on completion etc.

    He points out that your cashflow situation deteriorates as you move from left to right. In the worst case scenario, you may not see

    26 Point GAP Analysis - Setting Goals is Only the First Step
    Going through the exercise of setting goals may seem like a task or even at its worst dudgery. The problem in the past has been that most organizations set goals based on sales for each quarter of the year. This means goals are usually set for financial reasons and the goals are generally for one year at a time. The goals also tend to tied into budgets and quotas. But what happened to setting goals that incorporate the entire business and the direction it is taking?Goals need to thread through every fiber of the business. The starting point is to do a 26 point gap analysis of the organization. This means takin
    When I first started my business, a colleague suggested to me that I bill my clients based on the results I created for them. It was an appealing idea at the time - after all, who wouldn't take me up on that offer, and so long as I performed, I'd get paid. Sounds too good to be true? It probably is. Here's an article that discusses charging models and why being paid on results, popular as this is becoming, may not be your best option.

    I'm currently reading Alan Weiss's book - "Million Dollar Consulting", in which he has a section dedicated to payment models. (Highly recommended book, by the way, although I don't agree with everything he says).

    This is my interpretation of what he says: The ways to get paid are on a spectrum from 100% up front, paid before beginning work at the extreme left hand side to contingency fees based on performance at the extreme right hand side i.e. you only get paid on results and over a timeframe beyond the end of the project. In between are situations like 50% deposit, then scheduled payments all due before completion of the project, and 100% payable on completion etc.

    He points out that your cashflow situation deteriorates as you move from left to right. In the worst case scenario, you may not see

    ISO 9000 FAQs
    ISO 9000 is a set of standards internationally accepted by businesses and consumers. It allows organizations to establish and monitor quality management systems. ISO 9000 standards are considered to be generic standards since they can apply to any business, product or service irrespective of the industry. They have been developed and are maintained by the International Organization for Standardization (ISO).1. What is the ISO 9000 family?The ISO 9000 family consists of three quality assurance and quality management standards, namely, ISO 9000: 2000, ISO 9001:2000, and ISO 9004:2000. The ISO 9000:2000 an
    id. Sounds too good to be true? It probably is. Here's an article that discusses charging models and why being paid on results, popular as this is becoming, may not be your best option.

    I'm currently reading Alan Weiss's book - "Million Dollar Consulting", in which he has a section dedicated to payment models. (Highly recommended book, by the way, although I don't agree with everything he says).

    This is my interpretation of what he says: The ways to get paid are on a spectrum from 100% up front, paid before beginning work at the extreme left hand side to contingency fees based on performance at the extreme right hand side i.e. you only get paid on results and over a timeframe beyond the end of the project. In between are situations like 50% deposit, then scheduled payments all due before completion of the project, and 100% payable on completion etc.

    He points out that your cashflow situation deteriorates as you move from left to right. In the worst case scenario, you may not see

    Discover the Real Cancer of Our Western Culture
    Sit down and think long and hard about the problems people in society face. Think about the problems our communities as a whole face, and try and determine what the probable causes of these are. Chances are things like crime, poverty and relationship breakdown will come to mind and you’re probably going to attribute the cause to money. “Money is the root of all evil,” you’ll probably say now that you’ve thought about some of the major problems our country faces, however I’m going to challenge you right now if you think money is the root of all evil.The Cancer of our Western Culture Revealed…by a Bad Credit
    nsulting", in which he has a section dedicated to payment models. (Highly recommended book, by the way, although I don't agree with everything he says).

    This is my interpretation of what he says: The ways to get paid are on a spectrum from 100% up front, paid before beginning work at the extreme left hand side to contingency fees based on performance at the extreme right hand side i.e. you only get paid on results and over a timeframe beyond the end of the project. In between are situations like 50% deposit, then scheduled payments all due before completion of the project, and 100% payable on completion etc.

    He points out that your cashflow situation deteriorates as you move from left to right. In the worst case scenario, you may not see

    Difficult People: 3 Things You Must Know
    "The person who constantly angers you or frustrates you...controls you." Colleen KettenhofenDo you know any difficult people? Have you ever worked or lived with a difficult person? Are YOU a difficult person?! It's amazing how many participants in my leadership trainings will come up to me at the end of a program on, "Dealing with Difficult People," or "Dealing with Difficult Employees," and confide to me, "Colleen, I think sometimes I'm a difficult person and just realized it today!" Well, we can all be difficult people from time to time. But what do you do with the person who is chronically difficu
    front, paid before beginning work at the extreme left hand side to contingency fees based on performance at the extreme right hand side i.e. you only get paid on results and over a timeframe beyond the end of the project. In between are situations like 50% deposit, then scheduled payments all due before completion of the project, and 100% payable on completion etc.

    He points out that your cashflow situation deteriorates as you move from left to right. In the worst case scenario, you may not see

    Will You Take a Czech?
    TAXI TO INVERNESS? WILL YOU TAKE A CZECH?Thus read a headline in a national newspaper earlier this week. These new taxi drivers from the Czech Republic are not only learning English, before they come to the UK, but 'The Knowledge' too, the 'bible' for taxi drivers. Are the British cabbies at home learning Czech or French or German?This is one phenomenon of the expanded EU, people moving all around Europe, working and living away from their homelands. The UK's shortage of skilled workers is acute, we won't speculate on the reasons - the fact is that many of our skilled workers have gone somewhere else. T
    50% deposit, then scheduled payments all due before completion of the project, and 100% payable on completion etc.

    He points out that your cashflow situation deteriorates as you move from left to right. In the worst case scenario, you may not see any return on your investment in the project until many months after it has been completed. If you incurred expenses or hired subcontractors, then not only would you not have any personal income, but you'd be out of pocket as well. Most small businesses don't have the cash reserves to fund someone else's project, and if they have to borrow, then obviously their profit margins are eroded by interest payments. In the case of a "one-man-band" this might be OK, if you have other income to live on in the meantime and do not incur any costs other than your time. However, in the UK, the major reason small businesses go under is cashflow problems, so for most of us, positive cashflow is a necessity.

    What I would add (and I don't think Alan explicitly stated this) is that the level of risk increases as you move from left to right. For example, if there is any kind of disagreement during or after the project, and you haven't been paid, or have only received partial payment, then you risk losing some

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