Top 10 Lessons for Small Business Success... as learned from my twin 3 year olds

Written by Troy D White


Small business success is very similar to learning to walk, talk and spell. The basics have to be understood before moving on torepparttar next step. I am blessed to have twin 3 year old girls in my life and am amazed constantly how much I learn from them on a daily basis. As I watch them run around and explore, I find myself realizing just how much my observations apply to being successful and happy in life and in business.

So take heart inrepparttar 104643 following tips – they may come from little people but they haverepparttar 104644 power of giants. To your happiness and your success !

1.No matter how small you are you can change lots of lives - your goal for starting your business should be to change lives in one way or another. Remember this in everything you do - how can I change my customers lives ?

2.Climb that wall - no matter how bigrepparttar 104645 wall is - persistence pays off inrepparttar 104646 end. Never give up on your dreams and keep on trying.

3.Times when you appear small and frail are when you can surprise everyone with your hidden strengths. Everyone in business pays attention to whatrepparttar 104647 big boys are doing and how they became successful. What they miss though isrepparttar 104648 small businesses that quietly make substantial profits every year. These companies go about their business quietly and draw attention fromrepparttar 104649 customers - notrepparttar 104650 competition.

4.Act like a silly goof whenever and wherever you want – people will never forget you - and that is what every business owner should dream of - sticking in everyone’s mind.

5.Remember to share – People can get very protective of what they learn and how they achieve success. When you have something of value that would benefit others – share ! IT will come back to you one hundred fold . You do have you rights also - protect what is not to be shared and make sure others know it is yours and yours only.

6.Run naked every once in a while. Well ok, you don’t have to be naked but run – have fun, be free and try to be a kid again. Having kids gives you that chance again and it is incredible to reliverepparttar 104651 fun that you used to have – when you weren’t so serious about life and business.

Automated Expense and Timesheet Management

Written by Gerd Schmidt


Automated Expense and Timesheet Management

The pressure on companies to become ever 'leaner' and optimizerepparttar business processes is higher than ever. Investors demanding higher profits, customer's demands for lower prices and greater quality and regulators demand for better controls and more transparency force organizations to improve, optimize and streamline their entire business process. The benefit of streamlining these processes has an immediate positive impact onrepparttar 104642 bottom line. The Improvements within manufacturing, including just in time production and material management have dramatically improvedrepparttar 104643 bottom line.

Whilerepparttar 104644 focus on optimizingrepparttar 104645 logistic and production processes remains strong, optimization of administrative costs need similar attention. Companies actually realize productivity levels in their administrative sections today that are lower than beforerepparttar 104646 introduction of IT solutions. The higher use of IT systems, while improvingrepparttar 104647 amount and availability of information, is not being strategically used to lower costs associated withrepparttar 104648 administrative function.

The vision of a 'Real Time Enterprise' allows companies to instantly utilize available information from within and from outsiderepparttar 104649 organization to enable management to act instead of react to changing conditions. To become ever leaner and more flexible, companies need to optimize, streamline and automate business processes throughoutrepparttar 104650 organization including their administrative functions. Many organizations today are structured as project offices and use project portfolio management to run their business units. This approach has unleashed unknown resources and optimization capabilities never before realized. Using this project approach allows companies to implement a set of proven controls and best practices to reaprepparttar 104651 benefits of streamlined processes.

One ofrepparttar 104652 control mechanisms to be implemented is automated timesheet and expense management. Automated, IT based timesheet and expense management will allow for efficient, optimized and timely reporting of project resource allocation and spending. Additionally, it increasesrepparttar 104653 accuracy ofrepparttar 104654 collected data. In light ofrepparttar 104655 pressure coming from government and regulatory agencies, e.g. Sarbanes-Oxley compliance, this would solve an important compliance issue for a company.

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