Will You Add? - Business

Procurement Process
Procurement is the acquisition of goods or commodities by a company, organization, institution, or a person. This simply means the purchase of goods from suppliers at the lowest possible cost. The best way to do this is to let the suppliers compete with each other so that the expenses of the buyer are kept at a minimum.Procurement usually involves a bidding process in which the bidders or sellers quote their prices and the buyer accepts the lowest possible bid. This is the most efficient and cost effective method of procuring goods or services if the quality of the goods

Over Regulation Stifles Free Thinking and Innovation
In modern corporations mostly due to the DotCom era, when corporations were seeing investors move to faster moving companies; we saw a paradigm shift in Corporate Management. Tom Peters and others saw this and started writing about it. These corporate management gurus were trying to tell us all along what Deming and others had noticed. It seems like America goes thru cycles of losing sight of the ball. But once again we see the return of the suggestion box, although with the flow of thought set up correctly they would never be needed, because innovation would be constant and a

Recently the Maryland State Legislature thought it prudent to require more disclosure than is already required by law and a complete audit of each franchisee of every company, which was franchising in their state and providing jobs and tax base. It is the typical thing dumb politicians do when they have no clue as to how free enterprise models work. There ought to be a test for all Maryland State legislators and lawyers on the reality of the market place. The entrepreneurs cannot build as fast as the lawyers and bureaucracy is stealing from us. Caesar was right, maybe we should follow his thought process on this one. Here is an excerpt of a letter, I, an entrepreneur had to write the legislature to get that stupid bill killed in committee which was proposed by some moron politician there. Read it and think:

“. . .the competitive market will provide more jobs and the good franchisors through success will win the consumers hearts and expand and the illegitimate ones will exit the market place. This Bill is similar to making a Law to prevent International Terrorism such as " It is allowed for anyone to fly an aircraft into a building." No kidding, that is already a law, but did that stop the International Terrori

Will Women Change the Face of the Corporation?
In a recent survey by WomenCorp, it was discovered that both men and women believed that “lack of flexibility” is a major deterrent to the rise of women within the corporation.But of those women who have reached top management positions, more actually have children and consider their personal life as important as their career.So is “lack of flexibility” truly a factor? Or could it be that women are smarter about managing personal and work life?In a study of executive men and women conducted by Families and Work Institute, Catalyst, and Boston College

t is the typical thing dumb politicians do when they have no clue as to how free enterprise models work. There ought to be a test for all Maryland State legislators and lawyers on the reality of the market place. The entrepreneurs cannot build as fast as the lawyers and bureaucracy is stealing from us. Caesar was right, maybe we should follow his thought process on this one. Here is an excerpt of a letter, I, an entrepreneur had to write the legislature to get that stupid bill killed in committee which was proposed by some moron politician there. Read it and think:

Electronic Date Stamps
Manual date stamps are adequate for marking date in years and months. However using manual date stamps for marking date in months, days, hours, and minutes is problematic. Further, manual date stamps require rotation of bands and pre-checking of the positioned date on a waste paper. This is necessary because embossed numbers do not resemble normal numbers. Electronic date stamps are designed to overcome such drawbacks.Electronic date stamps comprise of electronic control unit, interface connector and date stamps. Date stamps come with choice of year, month, day, hour, an

fast as the lawyers and bureaucracy is stealing from us. Caesar was right, maybe we should follow his thought process on this one. Here is an excerpt of a letter, I, an entrepreneur had to write the legislature to get that stupid bill killed in committee which was proposed by some moron politician there. Read it and think:

Lean Manufacturing System
A lean manufacturing system is a system that meets high throughput or service demands with very little inventory. The lean manufacturing system contains several important principles as well as a collection of tactical methods for achieving them. The key principles of lean manufacturing are discussed below.Value Streams: Let customers pull value through the enterprise by understanding what they want and then produce to meet real demand.Stretch for Perfection: Pursue perfection by continually identifying and eliminating non-value-added activities from all processes.

mmittee which was proposed by some moron politician there. Read it and think:

Re-energise Your Business - Removing Friction & Delay
Re-energise your Business - Remove sources of Friction and DelaySometimes delays are important, but if you're not adding value, then it is not good. Some level of friction and delay are prevalent in virtually every business. Depending on what you are trying to achieve, they are not automatically bad things. There are times when deliberately slowing down (introducing delay to) an activity is the right thing to do. But where they are a result of poorly evolved processes, lack of training or resources, or lack of knowledge - it's time to take action and remo

l exit the market place. This Bill is similar to making a Law to prevent International Terrorism such as " It is allowed for anyone to fly an aircraft into a building." No kidding, that is already a law, but did that stop the International Terrorists? Franchise registration laws in Maryland duplicate The FTC little franchise acts anyway. The laws are already on the books and are hurting Maryland in so many ways. More may kill it and certainly destroy the small business sector of which 68% of our population is employed, that's right and you thought the government employed everyone didn't you?

Have you ever tried to hire a CPA firm to audit something? Let me tell you the cost in now a little over double that of a few years ago after 9-11. With Arthur Anderson exiting the market place there are fewer firms wanting to audit franchises. Errors and omissions insurance are triple of prior years, fewer firms do audits, very few small firms even want the business anymore. Getting peer reviews for legitimate audits costs bundle too and since there are fewer because of over regulation in their accounting industry it takes twice as long to get your audits back meaning you may not be able to comply in the proper time frame

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Pain impacts the financial security of a business as productivity decreases and workers compensation claims increase. Read why this is the case, and most important, what you can do to reduce the strain that repetitive strain injuries are taking on your company.

A significant part of the businesses that sustain their activity in today's competitive markets rely on the latest, state-of-the-art marketing strategies in order to overcome the competition and achieve a successful promotion of their offered services or products.

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Will You Add? - Maryland Legislators and Lawyers Propose Franchise Rule Change

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