Running Your Business

View:  
Sorted by:  

Setting Smart Management Goals

You can find all kinds of goals in all kinds of organizations. Some goals are short-term and specific (starting next month, we will increase production by two units per employee per hour [more…]

Ten Qualities of an Effective Team Player

If you were choosing team members for a business team in your organization, who would the best team players be? Assuming that people have the right technical skills for the work to be done, what other [more…]

Understanding Accounting Methods

Officially, there are two types of accounting methods,which dictate how the company's transactions are recorded in the company's financial books: cash-basis accounting and accrual accounting. The key difference [more…]

Giving Constructive Feedback

Performance feedback can be given two ways: through constructive feedback or through praise and criticism. Don't fall into the trap of giving praise and criticism on employee performance. [more…]

Deciding between Cash-Basis and Accrual Accounting

Before you can start recording business transactions, you must decide whether to use cash-basis or accrual accounting. The crucial difference between these two accounting processes is in how you record [more…]

Reading Consolidated Financial Statements

Most major corporations comprise numerous companies bought along the way to create their empires. The financial statement reflects the financial results for all the entities it bought as well as the original [more…]

Choosing a Budget Method

A budget is nothing more than a written estimate of how an organization — or a particular project, department, or business unit — will perform financially. If you can accurately predict your company's [more…]

Staffing Your Restaurant's Kitchen

A chain is only as strong as its weakest link. You've heard this idea related to business a million times. Like all those other endeavors and enterprises, a restaurant can't run well or long without the [more…]

Conducting Effective Business Meetings

Every business, whether it has 2 employees or 2,000, has meetings as a regular part of getting things done. Although employees can communicate with one another in an organization in many different ways [more…]

Acquiring Kitchen Equipment for Your Restaurant

New York has the Bowery. Chicago has Restaurant Row. Most major cities have this kind of restaurant supply street. Whether the products are new or used, you'll likely buy it here. If you're not located [more…]

Improving Your Inflection on the Phone

When you deal with customers over the phone, you have a whole new set of etiquette rules. The minute you pick up the phone, body language disappears, and your tone of voice and the words you use become [more…]

India's Caste System

Many Westerners have heard of India's caste system, but a thorough understanding of its ins and outs is still relatively uncommon. The following sections reveal the nitty-gritty of the caste system. [more…]

Analyzing Your Market Situation

The first section of a marketing plan provides a snapshot view of your marketing arena. It presents what you know about the size and growth trends of your market, what you face in terms of competition, [more…]

Closing the Sale

Empathy is an intimate understanding of the feelings, thoughts, and motives of another. That's why empathy is of prime importance in professional selling. Empathy is putting yourself into the prospect's [more…]

Recognizing (and Avoiding) Common Management Mistakes

Mistakes are nature's way of showing you that you're learning. As a manager, you will make mistakes, but you can avoid common managerial errors by knowing where the common pitfalls are. [more…]

Differences between Work Groups and Teams

Teams definitely are forms of work groups, but not all work groups are teams. In fact, plain work groups are much more numerous than teams.

Work groups function on three levels: [more…]

Reading an Annual Report

Without a doubt, annual reports are at the pinnacle of corporate communication. The point of the annual report is to provide a summary of exactly how a company has performed in the preceding year, and [more…]

Body Language and Business Etiquette

Body language can make or break a deal. How you carry yourself when engaged in conversation is often as important as what you say. Body language is nonverbal, but it communicates volumes about you nonetheless [more…]

Finding the Right Mental Attitude for Success

Attitude isn't quite everything when it comes to being successful, but attitude plays a part in virtually every phase of your life. A poor attitude gets more people fired than any other single factor, [more…]

Making Your Work Space Work

Now is the time to put everything into place. Your goal? Fingertip management of everything you do. The way to get there? Blueprint your workspace. You may not be an architect, but anyone can benefit from [more…]

Detecting Creative Revenue Accounting in Financial Reports

Analyzing financial reports is difficult enough, but the tricks used for reporting revenue add another layer of complexity. You can see through many common creative accounting tactics by carefully analyzing [more…]

Winning Over a Difficult Customer

Service providers who don't learn how to work well with difficult people lose their hair, their marbles, and their customers. The nature of your job requires that you sometimes work with customers who [more…]

Developing Brand Recognition

If someone asks you whether you want a Coke or Pepsi, you immediately know you're being asked about a carbonated cola beverage — with distinct yet subtle differences between the two. Both these major cola [more…]

India: From Ancient Economy to British Colony

India can lay claim to one of the world's oldest civilizations, and its economic history is truly long and complicated. [more…]

Avoiding Dreadful Marketing Ideas

The following marketing landmines masquerade as quick fixes. When the business chips are down, each of these worst ideas pops up to look like a good solution. Don't be fooled. Make sure every new idea [more…]

Sign Up for RSS Feeds

Small Business & Careers
Great Gadget Giveaway -- Enter to Win!

Inside Dummies.com