Posts Tagged ‘Ideas’

photo credit: Stéfan

I’ve never been much of a manager myself. That’s no big deal, of course; lots of people aren’t managers. In my case, though, people expected me to be, because I’ve had a lifetime of successful entrepreneurship. But entrepreneurship and management are different things. Stated on BPlans.com.

I recently read over Tim Berry’s post on what makes a good manager and I found some of his points to be quite interesting. Everyone wonders what makes a good or great manager at some point, especially if they are the one’s in the managers position. Is it that the manager has respect? Is a good manager someone who has both enemies as well as allies?

Maybe a good manager is someone who is able to lead their co-workers through good times as well as bad times. Or a good manager may be someone who is great at getting things done as well as doing all of the bidding for the company.

In my opinion I think a good manager is made up of several different qualities. Someone who yes, can get thing’s done in a timely manner, delegate well to others, do the companies bidding, and someone who is well liked but also has enemies. Yes, a manager no matter how nice they are will have at least one enemy floating around somewhere, it’s impossible not to have an enemy. You will never be able to make EVERYONE happy in business or life even being in a managers role.

What do you think makes for a good manager?

From Business Opportunities Weblog.

photo credit: davitydave

All business owners are constantly trying to find better, easier, and cost effective ways for obtaining more customers and thus increasing their profits greatly. I recently came across an article on Small Biz Bee that listed some ways to win more customers for free!

• Charities.
• Name Tags.
• Freebies.
• Better voicemails and voicemail options.
• Great testimonials.
• Your Email address and your companies website.
• Word of mouth advertising or “tell a Friend”.
• Open houses.

Use these first ideas as a starter pack, a launching pad to brainstorm more opportunities across your unique business to grow your customer base, and keep them coming back for more.

From Business Opportunities Weblog.

photo credit: pfala

In business it can become very difficult over the years to continuously manage your cash flow. Often times as business owners we get into a groove of letting things slide here and there, letting customers slide here and there, and before we know it our cash flow is much less than what we would like it to be. Look below for some great tips on how to manage your cash flow better.

• Include payment due dates on all of your invoices.
• Accept partial payments if the entire balance can not be made.
• Make sure to get all of your invoices out on time.
• When you receive the payments make sure you deposit them right away.
• Include discounts as well as penalties.
• Review your expenses at least every 6 months to see if you still need them all.

By keeping up on the above mentioned areas, you should be able to see better cash flow coming into your company within a few months provided you keep at it, recently stated on Capital Solutions Bancorp.

From Business Opportunities Weblog.