Management Articles
1: Bidding Is Not the Answer – Why Selling is So Important to Your Success
Marketing does not close sales. Selling closes sales. Marketing cannot create relationship. Attitude affects behavior. The business world is heavily populated by used car salesmen. Used car salesmen have given all salesmen a bad name.
2: Guidelines to prepare an effective business message
This article discusses the basic rules of business communication. Some useful guidelines are discussed briefly to help the reader in preparing effective business messages.
3: Business etiquettes for a global business
Business etiquettes can have a significant affect on both the individual and company’s fate. Business people all around the world would like to deal with someone who is polite, honest and polished in their manners.
4: Database Design Promotes Apt Data Management
Database design gives any given data a well-prepared model to put in their data and manage it. Hire well-known and skilled database administers for this job to get it professionally done.
5: How To Establish and Stay On Budget
Before diving into the how-to budget details, let’s make sure you understand the connections between your budget, your business plan, and your market. Segment by segment, forecast total sales and margins. Adjust your budget accordingly. Now, you’ve finalized your budget. Now, you’ve finalized your budget. Each row is an income statement expense. Calculate 12.5% of your budgeted sales and direct expenses and put them in July’s column.
6: Why Do Your Clients Hire You?
Why do builders or home owners hire you instead of your competition? All contractors think their work is of superior quality. Now, back to the original question – why do your clients hire you? It is absolutely essential that you learn the real reason your clients hire you. The reason they hire you is your competitive advantage. If you could tell a friend just one reason to hire me, what would that reason be?” “Kept digging for the real, emotional reason they hire you. Focus your advertising copy on your competitive advantage. You really need to know why your clients hire you.
7: Ten Things You Should Know Before Outsourcing
Is outsourcing the new Holy Grail for R&D organizations? The IT departments in the enterprise went first and discovered lower costs and improved efficiencies by outsourcing call centers and back office projects offshore. Now the R&D development department in the same enterprise wants to follow the same outsourcing route and realize comparable results. It’s true that outsourcing can yield significant benefits. However, as many early adopters of outsourcing learned, there are some important signs a smart company takes note of before venturing into outsourcing. Long Circle recommends keeping the following points in mind to take you to your goals.
8: How the Right Sales Compensation Plan Can Supercharge Profits
Draw (salary) plus commission? Bonuses for sales generated? Increased commission with increased sales volume? A higher commission for new customers? The purpose of draw plus commission is to drive sales volume. You need your salesman to focus on PROFITABLE work. Your salesman earns nothing if he sells the job at $10,000. He earns $1,000 if he sells the job for $15,000 and he earns $2,000 if he sells it for $20,000. You know the difference between a $50,000 salesman and a $200,000 salesman?
9: Job Costing: Keep It Short, Simple, & Effective
Few contractors know how to track job costs effectively. Achieve consistent on-time completion. Small pavement maintenance contractors’ job costing systems should be built to track labor productivity – the time it takes field workers to perform their construction tasks. Ask your field workers to track too much data and they will revolt against your request by recording useless data.
10: 4 Ways to Increase Sales From Existing Customers
As a pavement maintenance contractor, you have four potential tactics for increasing sales from a current client. Until you are removing all of your client’s parking lot headaches, you have room for expanding sales from that client. If the relationship could be better, your client will openly express displeasure. How many of your clients understand how to maximize the service life of their parking lot? Take photos of problem areas in your client’s lot. You need a referral system that is going to consistently remind your current clients that you are interested in adding new clients.
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