Archive for June, 2018

Management Tips

The Keys to Running a Business

By Ann Connor

Running a business may be difficult, but it most certainly can pay off when done correctly. One of the keys to running a successful, home-based or on-site business knows how to implement your businesses style and strategy while also identifying who your target market is.

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OSHA isn’t alone in fining employers; don’t forget the Department of Labor

By Paula Mathews

In a recent session, New Hampshire’s legislature passed Senate Bill 416. The new law “prohibits an employer from retaliating against an employee who requests a flexible work schedule.” Although the law does not require the employee to accommodate a flexible work schedule, it prohibits an employer from taking any negative employment action again an employee who makes the request.

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Entrepreneur Buzzword: Blue Ocean Strategy

Alicia Williams

If you’ve answered, “The competition,” then you’re not alone.

The 2016 NFIB report “Small Business Problems & Priorities” ranked the top 75 problems of small businesses in the U.S. Competition from large businesses was ranked as number 31, after a range of financial, regulatory and tax-related issues.

Source: 2016 NFIB Small Business Problems & Priorities

In addition, competition from Internet businesses was ranked as number 63 and competition from imported products was ranked as number 65.

Clearly, competition is something that keeps entrepreneurs and small business owners up at night.

But what if we told you there’s a way to create your own market — one without any competition at all?

Well, the good news is that there is!

And that requires creating a blue ocean strategy.

To continue reading this blog please click on the link below

Entrepreneur Buzzword: Blue Ocean Strategy

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Project Proposal Structure Leads to Project Success

By Susan Fennema

A good project proposal is necessary to the success of your project. It defines the scope. It provides the budget. Lastly, it sets the timeline. In other words, your project proposal sets the tone and expectations for your project.

A project proposal should minimally include the following:

  • goals of the project
  • reasons the project is being undertaken and what the client should expect to achieve from it (think ROI)
  • scope
  • pricing
  • timing
  • payment terms
  • signature area
  • any necessary legal language
  • an expiration date for the proposal itself
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Management Tips

Small Business: Why It Rocks

By Susan Fennema

A small business can be a single freelancer all the way up to several thousand employees, depending on the industry chosen. The U.S. Small Business Administration defines small business in a very big business complicated way here. When I think of small business and the ones I love to work with, I’m usually thinking of 25 people or less.

I’ve happily worked in companies of up to about 80 employees. I also worked in a publicly traded company and in a small company that was purchased by a publicly traded company.  My happiness was definitely challenged in those environments. After living through being integrated into Publicis, the 4th largest communication company in the world at the time, I swore off big business permanently. At my exit interview, I made it clear that I never intended to work for them again – politely, but clearly. Partly, I was protecting myself by stating that for “my permanent record”. I didn’t want a weak-willed moment to result in re-employment. (I’m usually not a bridge burner.)

So, what’s the big difference? Why do I prefer to work with small business over larger ones?

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