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Posts tagged making decisions
Bankruptcy Misconceptions
Jan 19th
Do you feel the hammer hanging over the head of your business' financial security?
There are so many misconceptions about bankruptcy that I thought it might be helpful to highlight a few. There were massive changes to the bankruptcy law back in 2005. Some people even came out of it believing that if you hadn’t filed by 2005 you never could! That’s how mixed up everything got.
I’m just going to highlight a few of the more common misperception here.
First, your house, car, and boat are not exempt from paying off the loan if they are listed in your bankruptcy filing. You’ll More >
Strategic Plan In One Line
Jan 9th
Play your "chips" right and you could have a winning business.
In preparing to start new businesses, it’s not a bad idea to talk to friends, relatives, and acquaintances about their experiences. Find out what worked well for them and what didn’t, so you don’t have to make the same mistake over again.
Recently my husband and I were talking to a friend that has had a business for over 20 years. We asked him about what software he uses, etc., but the best bit of information he gave us was the one line strategic plan idea.
When you start up a business More >
Some Decisions Finally Made
Dec 16th
We're trying out Task Coach for organizing all our to-dos.
For the past two to three weeks my husband and I have been looking at programs to manage our budding businesses. We had some pretty strict requirements and it took a long time to find one that came close to meeting our needs.
The first thing we looked for was a task management program. We were very intrigued by Toodledo, but a little leery of having all our information on the cloud. We live out in the country and every once in awhile we’ll have an outage in our Internet carrier from More >
Let’s Start At The Very Beginning
Dec 5th
A very good place to start. When we read we begin with A, B, C. When we sing we begin with do, re, mi, the song goes. After doing considerable soul searching I realized I’m putting the cart before the horse. I want to open a business, but I really don’t know how to run one.
I realized that I spent most of my adult life working for someone. They told me what and when to do everything. My day was all laid out for me. There were no decisions or distractions. I couldn’t watch TV, do the laundry, work in More >
The Clock Is Ticking
Nov 28th
It would be great to have a crystal ball to tell me what profession to pursue.
Boy, I only have a few more days until I’m supposed to be ready to start on the business plan for my new business and I still haven’t decided what path to take. I did, however, discover a very interesting and instructive web page that gives statistics on the average income for various occupations.
The Bureau of Labor Statistics has a wealth of information about various occupations, and although my exact “job description” isn’t found in one area I’m interested in, I was able to look at More >
Maybe I Should Have Opened A Store
Nov 22nd
I’m in charge of the bookstore for a small non-profit I volunteer for. When I got my first pricing gun, just before a big event, I was like a kid in a candy store. I spent hours in a hot, muggy storage unit, pricing all the items for the event and didn’t even notice it.
Maybe I should have opened a retail store. I worked retail during the summer’s when I was in college and really enjoyed it. I just never considered the possibility of actually owning my own store.
Eco-friendly wood shelves would be perfect for my store!
However, maybe you have, More >
SWOT Before You Commit
Nov 20th
You’ve already done your business plan. It looks like a go. Before you commit to opening, think SWOT.
Your business has been open for some time. You’re looking at ways to help it grow. You’ve got a number of ideas on the board and are trying to decide which one is the most viable, think SWOT.
SWOT has become a buzzword in business these days. It takes the usual business plan or brainstorming meeting and gives it a different focus. SWOT stand for Strength, Weaknesses, Opportunities, and Threats.
Looking at threats can help you plan a proactive strategy.
Strengths and weaknesses focus on the More >
A New Idea On Work
Nov 11th
Find A Career Where You Can Expand
All my life I’ve had the idea that if I was working at the perfect job I’d be happy all day long and just whistle a happy tune. Recently a new idea has been presented to me. What if you did a job because it helped you expand in some way? Rather than looking for the easiest job or the job that’s the most fun, what if you were doing something that would expand your knowledge, your creativity, your skills, your intelligence?
Most of my life I’ve been trying to find an extremely simple job More >
Slow Moving
Nov 4th
When preparing to open a new business, time can just slip through your fingers.
I just looked at my past blog entries and noted that it was way back at the end of July that I said I was going to try and get myself more organized. Here it’s November and I’m not any further along that I was then.
Well, that’s not 100% true. I’ve been taking all the free small business classes at the local community college, which have helped me see what I need to do, and I’m finally ready to start looking into three possibilities.
Over the next week More >
Putting The Cart Before The Horse
Jul 26th
I’ve been trying to work on preparing to open a new business lately. I was contemplating how things are going and I have to admit, terrible. I don’t seem to be taking my own advice. I keep getting drawn this direction and that. Someone says, “do this,” someone else, “do that.” I keep finding that I’m not doing what I know is the best track.
You may find yourself in those shoes, too, especially if there is little or no flow of income at the moment, and you’re responsible to bring some in. You want so badly for the business to More >