How to find a Cheap Hotel for Business Travel

Written by S Wander

Copyright 2005 S Wander

It's not always easy to find a cheap hotel that you know you would be comfortable staying in. Often,repparttar prices charged in large cities like London, Paris, New York, etc. don't really seem to equate withrepparttar 149040 word 'cheap'.

That said, it is possible to find a cheap hotel. You just need to know where to look!

There are a number of budget hotel chains who offer a good standard of accommodation at an affordable price. These vary by country - you'll probably knowrepparttar 149041 ones in your own country but if you are travelling abroad, you may need to do some research.

The advantage of using a hotel room provided by one of these chains is that it will be fairly cheap and that you can rest assured that allrepparttar 149042 standards you expect from a budget hotel room will be catered for.

The disadvantage can be that sometimesrepparttar 149043 location is a bit 'out ofrepparttar 149044 way'. Some cheap hotel chains have branches at out of town locations. You may also miss out onrepparttar 149045 personal service you would expect from a smaller, owner-run establishment.

The next alternative is to look for an individual hotel. Smaller hotels are often run by their owner and this can be a good way to dig out a cheap hotel.

Becauserepparttar 149046 owner is most likely running and looking afterrepparttar 149047 hotel, this means that cheap hotels inrepparttar 149048 UK can sometimes be like hidden gems. The care and attention you'll get from a cheaper place can often be much better than you'd get in, say, a mid-range hotel chain. After all, it'srepparttar 149049 owner's livelihood that depends on it, so they're more likely to make sure everything is just right for you.

SWOT Analysis Is No Magic 8 Ball

Written by Tim Knox

Q: A key investor in my business has suggested that I hire a consultant to do a SWOT Analysis to help plan forrepparttar future. I try not to argue with my investors, but I'm not so sure I need to have this done. What do you think? -- Laurie B.

A: Laurie, before you call inrepparttar 149039 SWOT team to deal with this investor (sorry, couldn't resist that one), let me tell you exactly what a SWOT Analysis is and how it can not only help you plan forrepparttar 149040 future, but get a gauge of how your business is doing today.

SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. A SWOT Analysis is a written exercise that can help you clarify and focus onrepparttar 149041 specifics that make uprepparttar 149042 four areas that most affect your business. The purpose of a SWOT Analysis is to help you build on your business' strengths, minimize and correctrepparttar 149043 weaknesses, and takerepparttar 149044 greatest possible advantage of potential opportunities while formulating a plan to deal with potential threats.

Think of a SWOT Analysis as a checkup for your business. By spending a little time examiningrepparttar 149045 internal and external factors that affect your business' health you can better gaugerepparttar 149046 present state of your business and identify things that may adversely affect your business' health inrepparttar 149047 future.

It's a good idea for every business to perform a SWOT Analysis on occasion, especially if you are doing strategic planning, contemplating a change in direction or formulating new strategies for distribution, marketing and sales.

Should you hire a consultant to perform a SWOT Analysis for you? Speaking as a consultant who has been paid to perform SWOT Analyses for companies inrepparttar 149048 past, I can honestly (and yes, without bias) say that depends on three factors: (1)repparttar 149049 size of your company; (2) how in-depthrepparttar 149050 SWOT Analysis needs to be; and (3) how much of your investor's money you'd like to spend.

Larger corporations are most likely to hire professional firms to perform such analyses, primarily due torepparttar 149051 complex nature of big business. Some corporate SWOT Analyses can run on for several hundred pages. Typically, a consultant will charge up to $100 or more per hour to perform a detailed corporate SWOT Analysis and most large companies consider this money well spent as a good SWOT Analysis can reveal otherwise ignored factors that might increaserepparttar 149052 company's bottom line or help avert future losses.

For a smaller business, however, a professional SWOT Analysis can be an exercise in overkill. For your money you will get an impressive, detailed report that will make for great show at your next investor or board meeting and a wonderfully expensive door stoprepparttar 149053 rest ofrepparttar 149054 time. I don't mean to belittlerepparttar 149055 value of a professional SWOT Analysis for small businesses. It's just that smaller companies can learn as much from their own efforts as that of an expensive consultant.

You can perform a simple SWOT Analysis with a #2 pencil and a fast food napkin, but to get a truly accurate view of your company's SWOT factor I suggest you do things a bit more formally (and withoutrepparttar 149056 aid of condiments). I recommend that you involve allrepparttar 149057 key players in your business, including management, employees, your attorney, accountant, even your spouse. My wife often gives me insights into my business just from listening to me talk at dinner. Sometimes we business owners and managers can't seerepparttar 149058 forest forrepparttar 149059 trees. It's good to have someone else point out things we might miss.

Here's how to perform a simple SWOT Analysis. On a piece of paper draw a vertical line downrepparttar 149060 center. Now draw a horizontal line throughrepparttar 149061 center ofrepparttar 149062 page. The paper is now divided into four quadrants. Inrepparttar 149063 first quadrant (upper left) writerepparttar 149064 word "Strengths." Inrepparttar 149065 quadrant next to that write "Weaknesses." Drop down torepparttar 149066 second tier and labelrepparttar 149067 first quadrant (lower left) "Opportunities" andrepparttar 149068 remaining quadrant "Threats."

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