The Key To Success - Choose The Right Partner

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The Key To Success - Choose The Right Partner

By: Mel Dunn

Do you promote yourself as offering prompt, reliable and quality service?

Of course - none of us promote ourselves as anything less, and equally we strive to provide this level of service all the time.

So what happens when you take your networking to the next level, and start to offer referrals, or even establish partnerships or alliances for certain activities?

Whatever you do at this point creates significant impact on your business and personal reputation - potentially positive and also potentially negative.

One of the successes of Global Business and Development Solutions (globizdev.com) is not just that we are an alliance spanning Australia, South Africa, UK and the USA. Rather, our success results because we share like values, and each commit to providing the same level of service, whether individually sourced, referred, or a shared client.

I am using the word 'partner' loosely - as a catch all for someone we refer business to/from, someone we collaborate on a project with, someone we join market and so on.

Regardless - choosing the right partner is critical.

So how do I choose the right partner?

At some point depending on the level of activity you enter, it could be important to get specialist legal, due diligence and other financial advice - which is beyond the scope of this article. Some key principles I have followed to successfully establish partnerships and alliances include:

  • Looking for organisations and individuals who share the same values as you
  • Ensuring you enter the arrangement with their success in mind, not just yours
  • Being prepared to not lead every initiative
  • Looking for partners with complementary products and services
  • Identifying gaps in your own knowledge, skills and experiences and seeking partners to 'fill' these
  • Not expecting overnight success
  • Being prepared to foster a long-term mutually beneficial arrangement

Will following these steps guarantee success and remove all potential for conflict?

Obviously not.

However, following these steps is core in demonstrating a genuine desire to work with others, to support each other in growth and development.

Remember, too, that establishing such arrangements is likely to be just one element of an overall sales and marketing plan for you or your organisation. Even if you have an excellent partner, or partners, marketing efforts individually and collectively remain important.

I you are an independent professional, or a small service organisation, you might benefit from the Free Marketing Plan Workbook from Action Plan Marketing, which you can download HERE.

I have found enormous personal and business benefits from establishing quality partnerships, and I hope you enjoy similar successes.

meldunn.com.au

About The Author

Mel Dunn is Managing Director of Global Business and Development Solutions, which works with individuals and organisations that are committed to business success and the success of others. We work globally and locally and focus on providing sustainable solutions for our clients.

We offer a range of services including:

  • Proposal and tender development
  • Technical assistance
  • Research and strategy development
  • Quality review of submissions
  • Market entry support
  • Partner identification
  • On-ground representation

globizdev.com

Comments

michaeltaylor0331 08.02.2007. 06:19

What are the best ways for small businesses to fund themselves? Let's assume an entrepreneur needs between $100K and $200K to get started, but does not have that in the bank. Further assume the entrepreneur has sufficient funds to work for 2 years without pay, but the $100-200K is needed to get going with the business

michaeltaylor0331

Admin 08.02.2007. 06:19

You need a microloan. You can get those through any microenterprise organization in your local area. You also get technical support and possibly mentorship which I suspect you will need as you did not state an exact amount for funding and you did not state whether the funding amount was for a one year period or over a three year period. A microloan can be given over and over again. The microloans are $35,000 and under. Here is the info. Good Luck!

http://www.microenterpriseworks.org/index.asp?bid=282

About Microenterprise


Microenterprise Defined
AEO and its members have defined microenterprise as a business with five or fewer employees requiring $35,000* or less in start-up capital. AEO estimates that there are over 20 million U.S microenterprises, which represent 17% of all private employment in the U.S. In addition, microenterprise represents a path from poverty to financial security for many low-income individuals.

* Loans of $35,000 and under are known as microloans.

Microenterprise Development Industry
The estimated 600 microenterprise development organizations (MDOs) operating in the U.S. exist to support disadvantaged entrepreneurs as they start or expand their businesses. MDOs can increase the chance of business success by bridging the gap between disadvantaged individuals and the tools they need to start and grow successful businesses. With the help of AEO services, MDOs offer business training, technical assistance, access to capital, and other services to entrepreneurs to assist them in realizing their dream of business ownership. For many low-income entrepreneurs MDOs represent the only opportunity to access the capital and business tools necessary for business start-up.

Key Elements of Microenterprise Development

AEO has learned that comprehensive microenterprise development programming consists of four key elements: Training and Technical Assistance; Credit and Access to Credit; Access to Markets; and Economic Literacy and Asset Development.

Training and Technical Assistance
Microenterprise development practitioners agree that the quality and quantity of training and technical assistance provided to an entrepreneur can often be the biggest factor in whether the entrepreneur?s business succeeds of fails. Microenterprise trainers have the difficult task of teaching complex business skills to entrepreneurs with little formal training, limited time to engage in learning; and various levels of education.

Though training opportunities vary from organization to organization, typical microenterprise development training topics include: business plan development; integrating technology; bookkeeping and business management; and marketing. Training is offered through various settings including: classroom type lectures; one-on-one counseling; peer networking; and mentoring programs.

Credit and Access to Credit
A significant challenge for many microentrepreneurs is access to capital. Traditional lending sources do not find it profitable to lend $35,000 or less and choose not to. In addition many low-income individuals looking for a path out of poverty through self-employment, have poor (or no) credit history with no hope of receiving a bank loan.

Some microenterprise development organizations (MDOs) offer credit directly from an in-house loan fund, which typically lend amounts from $100 to $35,000 and when granting loan requests look at other factors in addition to the entrepreneur?s credit. Other MDOs partner with other organizations or institutions in the community to provide access to credit. Examples of these type of relationships include partnerships with banks, credit unions, or other financial intermediaries that offer loans and various other financial products.

Access to Markets
The goal of microenterprise development programs is not just to create marginal businesses, but to create successful ones. To help microentrepreneurs increase sales and profitability, many programs create specialized networks of their clients? businesses, especially in industries where microenterprises are flourishing. These industries, also referred to as sectors, include: specialty foods; jewelry; arts, crafts and gifts; clothing and textiles; furniture; computer technology; daycare; and environmental products and services such as recycling.

Access to market services include: sophisticated training on marketing and sales concepts; development and distribution of joint catalogs; Internet access and e-commerce; trade shows; and business incubators.

Economic Literacy and Asset Development
AEO has learned that low-income entrepreneurs can greatly benefit from increase knowledge of the benefits of banking and saving principals. Many entrepreneurs need to learn the importance of establishing checking accounts and savings accounts (i.e. Individual Development Accounts); the importance of establishing a credit rating, and in many instances, learning about credit rehabilitation. In addition many entrepreneurs need training in tax laws and regulatory issues, and sound accounting principles and types of insurance.

Admin

Police Artist 01.01.2007. 16:40

What is your favourite saying that you would live your life by? Everyone loves to quote a saying, sometimes they live their lives by it. One of my favourite sayings is "Every contact leaves a trace" this applies to science and for day to day living. I will never forget this saying as it was delivered in a lecture at New Scotland Yard by a senior police officer. Yahoo Answers is a good example of this because everytime you answer a question you leave a trace of the kind of person you are.
I would like some sayings that have influenced your life or you live to the ideals of the saying. Have fun.

Police Artist

Admin 01.01.2007. 16:40

Thanks! I'll go through my list of quotes and try to stop at 10.

"Who you are is more important than what you do"

?Everything that happens once can never happen again. But everything that happens twice will surely happen a third time.?

?Pres. Lincoln: I agree with you sir, and the best way to destroy an enemy is to make him a friend.?

God grant me the serenity
to accept the things I cannot change;
courage to change the things I can;
and wisdom to know the difference. --Reinhold Niebuhr

If you stand for a reason, be prepared to stand alone. If you fight for a cause, fight even if there is no hope. If you fall on the ground, fall as a seed...that grows back to fight again.

When you're forced to stand alone, you realize what you have in you.

Stand up to what you think is right, even if it means you have to stand alone.

?The only reason for time is so that everything doesn't happen at once.? ~ Albert Einstein

?Make the most of yourself, for that is all there is of you.?

?We have to do the best we can. This is our sacred human responsibility.? ~ Albert Einstein

?No problem can be solved from the same level of consciousness that created it.?~ Albert Einstein

?Anyone who doesn't take truth seriously in small matters cannot be trusted in large ones either.?

?A foolish man tells a woman to stop talking, but a wise man tells her that her mouth is extremely beautiful when her lips are closed?

?Any move trying to cover up the cause of the accident and any passive attitude toward the probe are deemed deception and a defiance of law.?

?There are well-dressed foolish ideas, just as there are well-dressed fools?

The greatest glory is not in never failing, but in rising up every time we fall. ~ Confucius

?If you can't, you must. If you must, you can.? - Anthony Robbins

?Never deprive someone of hope; it might be all they have.?

?All our lives we search for someone who makes us complete. We choose partners and change partners. We dance the song of heartbreak and hope all the while, wondering if somewhere, somehow there is someone searching for us?

Six essential qualities that are the key to success: Sincerity, Personal Integrity, Humility, Courtesy, Wisdom, Charity. ? William Menninger

?He is inside as well as outside all beings, animate and inanimate. He is incomprehensible because of His subtlety. He is very near as well as far away.? ~ Bhagavad Gita


I lost count....I could keep going with this for all eternity!

Admin

Justine 02.11.2011. 06:51

In astrology, does saturn in the first house necessarily mean poverty and bone issues? I have a saturn aquarius in the first house that is also opposite my leo jupiter in the seventh house. What does this indicate? THANK YOU! :)
my ascendant is in capricorn by the way!

Justine

Admin 02.11.2011. 06:51

I would try to think of Saturn expecting high standards which are obtained by persistent hard work which then lead to the richest rewards ONCE Saturn is "pleased." Saturn gets a bad rap because the only one that can make Saturn work for us is ourselves. No help a necessity. Often long frustration due to difficult terrain. So there must be personal responsibility above all else. And once personal responsibility and hard word are accomplished, then the rewards of Saturn are the best. Saturn gives the greatest "gifts." Because you have EARNED those rewards. So Saturn really is just a study in persistence and never giving up. Because giving up is the only way you can fail. Even though the work is making you feel impatient and often pessimistic, if you don't throw in the towel (give up) then Saturn will eventually reward you in the highest way possible. So the key to success wherever Saturn lies in the chart is personal responsibility. That is key.

So now we have Saturn in our First House. The First House is Personality, Personal Appearance, and Ones First Impression. So Saturn in the 1st House means that you will have to take much effort to improve your personality as Saturn in the 1st often means one that is shy or introverted. Take a class. Read a book. Or more. Find out ways to improve your personality and your personal appearance. Though saturn does sometimes indicate skeletal problems, you will have to be responsible for these issues. Avoidance doesn't work with Saturn. Saturn in the 1st does sometimes indicate on that is too thin or maybe there is a health issue. As Saturn does limit and frustrate. But again, a disciplined approach to these 1st House issues will allow you to overcome any obstacles. Over time. Trial and Error. But never give up. That is key.

With Jupiter in the 7th House of Marriage and Legal Partnerships, I am inclined to feel that marriage will be important for you in your life. Possibly multiple marriages (as Jupiter is abundance) or better than that, having a mate that makes a fine living seems quite possible too. The opposition of Saturn and Jupiter are almost like the Scales that are the ruler of the 7th House. I feel that in order to have the abundance of your 7th house partner will be greatly enhanced once Saturn is pleased with your effort to become more extroverted and concentrating on your appearance. This will then attract your potential mate to you. And Saturn in Aquarius is one of the better placements for Saturn. Be thankful for that. This can help mitigate Saturn's stern hand over your 1st House of Personality and Personal Appearance.

Oh and your Leo Jupiter will probably manifest by choosing a mate that has a fine personal appearance as Leo is very concerned about the personal appearance. It is sad that our appearance is so important but this seems to be an area that you could really excel in. Saturn does some remarkable things! Yes it does take time (as we all go through awkward times when growing up) but more importance regarding appearance is attached with Saturn in the 1st House.

Hope this is helpful and good luck and bless you.

Admin

LUCY A. 13.03.2012. 04:11

As a Christian are we not suppose to believe in the horoscope signs? Doesn't it say in the bible that we are not suppose to believe in the stars? I've read things about my horoscope sign,it's dead on about my traits and things I do. Can someone inlighten me on all this?

LUCY A.

Admin 13.03.2012. 04:11

The Bible highlights the connection between Babylon and astrology, and several times it makes reference to Babylonian astrologers. (Daniel 4:7; 5:7, 11) In the days of the prophet Daniel, astrology was so widespread in Chaldea (Babylonia) that using the term ?Chaldeans? was practically the same as referring to astrologers.

Daniel witnessed not only the influence of astrology on Babylon but also the failure of its astrologers to predict the fall of the city. (Daniel 2:27) Note what the prophet Isaiah had accurately foretold two centuries earlier. ?Let your astrologers come forward and save you?those people who study the stars, who map out the zones of the heavens and tell you from month to month what is going to happen to you,? Isaiah wrote scornfully. ?They will not even be able to save themselves.??Isaiah 47:13, 14, Today?s English Version.

Apparently, the Babylonian astrologers could not foretell their city?s downfall even a few hours in advance. And when God?s own adverse judgment appeared on the wall of King Belshazzar?s palace, the astrologers proved incapable of interpreting the cryptic writing.?Daniel 5:7, 8.

Today astrologers have not proved any more effective in predicting significant events. After examining more than 3,000 specific astrological predictions, scientific investigators R. Culver and Philip Ianna came to the conclusion that only 10 percent were accurate. Any well-informed analyst could do better than that.

In Conflict With Bible TeachingsThe Hebrew prophets, however, did not reject astrology merely because of its manifest failure to predict the future accurately. The Law that God gave to Moses specifically warned the Israelites against looking for omens. ?There should not be found in you . . . anyone who employs divination . . . or anyone who looks for omens,? the Law stated. ?Everybody doing these things is something detestable to Jehovah.??Deuteronomy 18:10, 12.

Although astrology is not mentioned by name in that scripture, the prohibition evidently included the practice. The Encyclopędia Britannica notes that astrology is a ?type of divination that consists in forecasting earthly and human events by means of observing and interpreting the fixed stars, the Sun, the Moon, and the planets.? All forms of divination?whether based on the stars or other objects?violate God?s guidelines. Why? There is good reason.

Rather than attribute our successes or failures to the stars, the Bible clearly states that ?whatever a man is sowing, this he will also reap.? (Galatians 6:7) God holds each of us responsible for our actions, since we are free moral agents. (Deuteronomy 30:19, 20; Romans 14:12) True, we may suffer an accident or an illness because of events beyond our control. But such calamities, the Scriptures explain, are due to ?time and unforeseen occurrence,? not our horoscope.?Ecclesiastes 9:11.

With regard to human relationships, the Bible urges us to clothe ourselves with such qualities as compassion, kindness, lowliness of mind, mildness, long-suffering, and love. (Colossians 3:12-14) These qualities are the key to forging lasting friendships and strengthening marriages. ?Astrological affinity? is not a reliable guide for choosing a marriage mate. Psychologist Bernard Silverman analyzed the birth horoscopes of some 3,500 couples, 17 percent of whom had subsequently become divorced. He did not find a lower divorce rate among those who had married a partner who was ?astrologically compatible.?

Clearly, astrology is both unreliable and misleading. It could cause us to blame the stars rather than ourselves when we make mistakes. Above all, it is clearly condemned in God?s Word.


--------------------------------------------------------------------------------

* The signs of the zodiac are the 12 different heavenly constellations used by astrology.

Appeared in Awake! August 8, 2005

Admin

Dr. Doom 01.01.2008. 22:20

What is a good path to become a lawyer? I want to become a corprate lawyer, and i want to know the best path to take. I am considering going to the Air Force Academy, but I'm not sure i will be able to get my law degree. I am also considering going to a school in the UK because it is alot shorter but I don't know if I will be able to practice in america if i choose to. I am also considering taking a traditional path by getting a four year degree in america then proceeding to a law school. What would be the best option with the least amount of expense and time?

Dr. Doom

Admin 01.01.2008. 22:20

Since you are certain that you want to be a corporate lawyer, I would suggest that you begin by earning a bachelor's degree in either finace or accounting or both. Assuming you have great grades, an excellent LSAT score, and a eye-catching admissions essay, then you can apply to those law schools where a disproportionate percentage of the graduates are hired by large corporate law firms.

Once there, you will spend, on average, 16 hours a day Monday through Friday and about 8-16 hours over the weekend performing tedious research and menial tasks for partners and associates. Your value to the firm will be judged first and foremost in the number of billable hours you contribute to the firm's bottom line. Later, if you aren't deemed a drone who must be hidden from clients at all costs, then your rapport with key clients will be vital to your chances of being offered a partnership. (The partners committee's evaluation of your ability to retain clients is also an implicit judgment about your ability to attract new business to the firm.) If you are offered a partnership, you will become a partner and perhaps one day become managing partner if you have excellent survival skills and oulast all your frenemies at the firm. If not, you will become unemployed or perhaps be offered an associates position because you have a prized set of skills, but this position, it is understood, will never lead to partnership at the firm.

If I were in your shoes, I would either figure out that I wanted to be a businessman or a lawyer. If you want to be a businessman, then go a college with a respected business school, study hard, take public speaking and leadership courses, and then seek employment with a company that values you and where you be a valued contributor.

If you want to be a lawyer, then go to a good liberal arts college and study history and take acting courses either formally or informally. Then go to a law school where there are excellent litigators on the staff and make it your goal to become a civil/criminal litigator. You won't get any job offers from the white shoe law firms, but you will enjoy beating them up in court.

Lastly, I don't quite understand your interest in the Air Force Academy but you would want to concentrate on military intelligence and let your success in that area to be your calling card when you apply to law school or business school. (In that vein, you shouldn't overlook the FBI as a potential employer, who might pay for you to go to law school. After 20 years at the FBI, you could do an awful lot of consulting work for major corporations and for law firms who offer such services to their clients whether you have a law degree or not.

Bear in mind that any decision you make today or tomorrow or ten years from now need not be your final decision for all eternity You should allow yourself the possibility of career change throughout your life rather than trying to determine it right now forever. Young people sometimes forget this and then they find themselves paralyzed and inflexible when a change of course is what is needed most.

Good luck kid, because you'll need luck at every step of the way. We all do.

Admin

Ashley 28.07.2009. 14:18

What does the bible say or imply about financial matters in marriage? Christians: who should pay the bills? the husband or the wife? or should it be equal or have some ratio as to how much each pays? (e.g. wife pays 1/4 of bills etc)

Ashley

Admin 28.07.2009. 14:18

There is an excellent, excellent article in the August 1, 2009 Watchtower entitled "Keys to Family Happiness-Managing Money." You can ask Jehovah's Witnesses for one. or request one at the website below. In it are Four Keys to Success. Here are some excerpts:

"2. Agree on how income will be viewed. "In showing honor to one another take the lead." (Romans 12:10) If you are the only one who earns a wage, you can honor your spouse by viewing your income, not as your personal money, but as family money. 1 Timothy 5:8.
If you and your spouse both earn money, you can honor each other by disclosing your income and major expenditures to each other. If you hide either from your mate, you may well undermine trust and cause damage to your relationship..."

"In some families, the husband cares for the finances. In others, the wife capably cares for this responsibility.(Proverbs 31:10-28) Many couples, though, choose to share the load. "My wife looks after the bills and smaller expenses," says Mario, who has been married for 21 years. "I care for the taxes, contracts, and rent. We keep each other informed and work as partners." Whatever your method, the key is to work together as a team.

The Bible says that a "husband is the head of his wife," so he bears both the principle responsibility for how the family's money will be used and the obligation to treat his wife in a loving, unselfish manner. - Ephesians 5:23,25. "

So, based on Biblical principles, financial matters are primarily the husband's responsibility. 1 Timothy 5:8 says- "Certainly if anyone does not provide for those who are HIS own, and especially for those who are members of his household, he has disowned the faith and is worse than a person without faith." However, it does not imply or say that a wife cannot help in this regard or is incapable of handling financial matters. It does not preclude the wife from having an active role in the families financial responsibilities. For instance, in some households , the husband is severely ill or disabled, and therefore the wife must work. As the Bible so eloquently describes in Proverbs chapter 31- "A capable wife, who can find? Her value is far more than that of corals. In her the heart of her owner has put trust, and there is no gain lacking. She has rewarded him with good, and not bad, all the days of her life. She has sought wool and linen, and she works at whatever is the delight of her hands. She has proved to be like the ships of a merchant. From far away she brings her food..."

Admin

WebDude 18.03.2006. 04:40

how do i learn about supply chain best practices? i'm interested in learning about supply chains - how they work, what they do, and how to optimize them. i have a lot of experience in building web sites' front ends, and now i want to understand more about the back-end. your help is much appreciated!

WebDude

Admin 18.03.2006. 04:40

hope this helps...

Supply Chain Best Practices: Companies must define what works for them

Wanting to find best practices for your business is just common sense. After all, finding a better way has been a proven strategy for success at least since the Greeks gave up frontal assaults on the Trojans and built the wooden horse. They adapted, worked smarter, not harder, and got a better result. If only identifying and implementing best practices were a matter of winning one battle! Instead, it's a lifelong mission for every company.

Everybody talks about best practices. Governments have centers of excellence devoted to finding best practices and spreading the word. There are millions of Web pages devoted to the topic. But what does it mean in your company in your supply chain?

"Best practices" does not mean always getting the latest merchandise on the market or doing exactly what the competition did last year. "Best practices" means understanding your operations and your costs thoroughly, getting the best return on investment, satisfying your customers and understanding that you are never done with the job.

It's critical to understand that when it comes to having the right building and the right systems on the right site in the right community, best practices are business-specific. The tools to implement best practices?manufacturing, warehouse or transportation systems, conveyors or sorters, new or remodeled buildings?are commercially available, but success depends on choosing them with a thorough understanding of the operation involved. Every operation has its own requirements and constraints that make it unique, that set it apart from the others. Your best practices are the ones that give the best return on investment in the context of your business.

We can, however, steer you to best practices for finding your best practices.

Today's supply chain best practices need to be fast, adaptable and integrated, but that will occur only after you've looked into all the nooks and crannies of your operation to see what they really tell you.
Technology Best Practices

When it comes to selecting and implementing warehousing technology, the first step is to define mission-critical functions and key business processes. Look hard at what you need to be able to do to meet customers' requirements. Take the example of a clothing retailer with a couple of hundred stores who knows how to handle merchandise at its distribution center (DC), but wants to start an e-business that ships items directly to customers' homes. This is a different goal for picking and shipping. To make the transition to direct-to-home shipments, the company must have a clear picture of the operations its technology will have to handle.

Next is understanding what the technology has to do to support the operations you've defined. Go shopping for technology only with carefully developed functional requirements and the financials for the systems under consideration.

This requirement can be tough, and many companies miss getting it right. According to John Spain, Partner, Tompkins Associates, "Companies often only identify direct costs and savings, such as labor or inventory. Many hidden costs are not identified or quantified." That blinds the buyers to the real costs and benefits of supply chain execution systems. Hidden costs, he says, can include management time spent running operations, customer service time, premium freight expenses, lost sales, damage, error corrections, reverse logistics costs, reclamation and restocking costs.

Spain also warns that leaders should not think implementation belongs to operations or to information technology alone. To succeed, you have to think broadly and deeply about all aspects of the business. "It must be a project that's jointly led," Spain says.

High-level best practices for warehouse technology can apply to any business, even though the operation is specific to the business, and they have to be considered first. Implementing a specific warehouse management system, for example, could be a waste of money if the overall operation is a problem. Automating a broken process does not fix the process.

A best practice for selecting any solution is to use return on investment as the touchstone. When it comes to material handling, the greatest need for integrated solutions is flexibility.
Material Handling Best Practices

Best material handling practices in today's economy minimize touch labor, handle diverse manufacturing or distribution scenarios, accommodate value-add operations, can be reconfigured with minimum effort and are technology-driven. Solutions today are much more complex and use a higher degree of technology than ones that worked in recent decades. Perhaps the best practice for material handling today is to make sure that solutions are just as logically integrated into your operation as they are physically integrated.

Material handling solutions must be affordable and supportable, but they must allow information to flow freely throughout the business and its suppliers. In an economy that is ever faster paced and e-based, another best practice in material handling is to seek solutions that are Web-based and use off-the-shelf hardware and software. All tools and processes that are installed today have to be as fully integrated as possible with other processes in the business and with supply chain partners up and down the line. If not, even the best operation will be trapped in a "worst" practice of maximizing only itself as a lone link in the supply chain.


Moving quickly on what you have learned is a best practice, too. Tony Gerace, Tompkins Associates' Partner specializing in material handling says, "Every one of our clients now needs an edge to survive. That edge might be a little more value-add or just being out front on a new product offering, but it means constantly reinventing their operations to support it," Gerace says. "Whatever a business determines are going to be the best practices for its operation, they have to be implemented in a fraction of the old deployment times so they're not obsolete before they even get turned on."
Supply Chain Performance

Flexibility is also the key for logistics operations, where being able to adjust all the time is a best practice.

The backbone of great supply chain performance is fulfillment?picking, shipping and delivering. Calibrating fulfillment to ever-changing business needs is a prerequisite of great supply chain performance?that is what all best practices are aimed at achieving.

For example, having the capability to provide your customers with product customization and differentiation through value-added services. The best practice is having an operation that does more than a good job. It does exactly what the customer needs.

The power exerted by change is the background for all advice about best practices. It is a big, yellow caution sign to businesses to avoid getting so focused on one best practice or one implementation that they take their eyes off their business environment and risk missing opportunities to adapt and stay on top.

Companies today must strive for continuous improvement for today and tomorrow. According to Spain, every company must investigate its operations with a well-informed memory of yesterday's challenges as well as a keen eye on tomorrow's improvements.

Today's business has gone from monthly deliveries to daily deliveries, from truckloads and pallets to parcels and eaches. Customization has gone from being an extra to being a standard feature that the customer expects at reduced costs. Flexibility is essential so the operation can be reconfigured to meet shifting demands.

How to do it, though? "Best practices," of course. But what does that mean for you? Where do you find them? Start in your own office, your own building, your own facility, your own company and craft them for what you do. In knowing your operations inside and out, you will be able to discover what practices are best for you and your customers.

Admin

lady love 08.08.2007. 17:40

how can i apply for a legit loan to start a small business where i can pay it off with the profit i make? Also how do i get a permit to start the business and does anbyone know where i go?

lady love

Admin 08.08.2007. 17:40

Contact your local city and state government for the necessary requirements to start a business.

Get a microloan from a local microenterprise organization in your area. Good luck!

http://www.microenterpriseworks.org/inde...

About Microenterprise


Microenterprise Defined
AEO and its members have defined microenterprise as a business with five or fewer employees requiring $35,000* or less in start-up capital. AEO estimates that there are over 20 million U.S microenterprises, which represent 17% of all private employment in the U.S. In addition, microenterprise represents a path from poverty to financial security for many low-income individuals.

* Loans of $35,000 and under are known as microloans.

Microenterprise Development Industry
The estimated 600 microenterprise development organizations (MDOs) operating in the U.S. exist to support disadvantaged entrepreneurs as they start or expand their businesses. MDOs can increase the chance of business success by bridging the gap between disadvantaged individuals and the tools they need to start and grow successful businesses. With the help of AEO services, MDOs offer business training, technical assistance, access to capital, and other services to entrepreneurs to assist them in realizing their dream of business ownership. For many low-income entrepreneurs MDOs represent the only opportunity to access the capital and business tools necessary for business start-up.

Key Elements of Microenterprise Development

AEO has learned that comprehensive microenterprise development programming consists of four key elements: Training and Technical Assistance; Credit and Access to Credit; Access to Markets; and Economic Literacy and Asset Development.

Training and Technical Assistance
Microenterprise development practitioners agree that the quality and quantity of training and technical assistance provided to an entrepreneur can often be the biggest factor in whether the entrepreneur?s business succeeds of fails. Microenterprise trainers have the difficult task of teaching complex business skills to entrepreneurs with little formal training, limited time to engage in learning; and various levels of education.

Though training opportunities vary from organization to organization, typical microenterprise development training topics include: business plan development; integrating technology; bookkeeping and business management; and marketing. Training is offered through various settings including: classroom type lectures; one-on-one counseling; peer networking; and mentoring programs.

Credit and Access to Credit
A significant challenge for many microentrepreneurs is access to capital. Traditional lending sources do not find it profitable to lend $35,000 or less and choose not to. In addition many low-income individuals looking for a path out of poverty through self-employment, have poor (or no) credit history with no hope of receiving a bank loan.

Some microenterprise development organizations (MDOs) offer credit directly from an in-house loan fund, which typically lend amounts from $100 to $35,000 and when granting loan requests look at other factors in addition to the entrepreneur?s credit. Other MDOs partner with other organizations or institutions in the community to provide access to credit. Examples of these type of relationships include partnerships with banks, credit unions, or other financial intermediaries that offer loans and various other financial products.

Access to Markets
The goal of microenterprise development programs is not just to create marginal businesses, but to create successful ones. To help microentrepreneurs increase sales and profitability, many programs create specialized networks of their clients? businesses, especially in industries where microenterprises are flourishing. These industries, also referred to as sectors, include: specialty foods; jewelry; arts, crafts and gifts; clothing and textiles; furniture; computer technology; daycare; and environmental products and services such as recycling.

Access to market services include: sophisticated training on marketing and sales concepts; development and distribution of joint catalogs; Internet access and e-commerce; trade shows; and business incubators.

Economic Literacy and Asset Development
AEO has learned that low-income entrepreneurs can greatly benefit from increase knowledge of the benefits of banking and saving principals. Many entrepreneurs need to learn the importance of establishing checking accounts and savings accounts (i.e. Individual Development Accounts); the importance of establishing a credit rating, and in many instances, learning about credit rehabilitation. In addition many entrepreneurs need training in tax laws and regulatory issues, and sound accounting principles and types of insurance.

Admin

lisadevales 31.01.2012. 22:45

Is it okay for Christians to dabble in astrology? I know what I believe in this regard......my answer is no.
There are some Christians who say because they don't believe in it that it is okay to just play around with it. What are your thoughts?

lisadevales

Admin 31.01.2012. 22:45

Rather than attribute our successes or failures to the stars, the Bible clearly states that ?whatever a man is sowing, this he will also reap.? (Galatians 6:7) God holds each of us responsible for our actions, since we are free moral agents. (Deuteronomy 30:19, 20; Romans 14:12) True, we may suffer an accident or an illness because of events beyond our control. But such calamities, the Scriptures explain, are due to ?time and unforeseen occurrence,? not our horoscope.?Ecclesiastes 9:11.

With regard to human relationships, the Bible urges us to clothe ourselves with such qualities as compassion, kindness, lowliness of mind, mildness, long-suffering, and love. (Colossians 3:12-14) These qualities are the key to forging lasting friendships and strengthening marriages. ?Astrological affinity? is not a reliable guide for choosing a marriage mate. Psychologist Bernard Silverman analyzed the birth horoscopes of some 3,500 couples, 17 percent of whom had subsequently become divorced. He did not find a lower divorce rate among those who had married a partner who was ?astrologically compatible.?

Clearly, astrology is both unreliable and misleading. It could cause us to blame the stars rather than ourselves when we make mistakes. Above all, it is clearly condemned in God?s Word.

Admin

Christine 14.11.2011. 17:28

What do these stand for when reading natal chart? Ascendant, Midheaven, Mercury, Venus, Mars, Jupiter, Saturn, Uranus, Neptune, Pluto, Lilith, Asc node

And what is the difference between sun and moon? I read that moon is emotional, responsible for the type of people u r attracted to right? and sun is how u behave in everyday life?? If u can give me a clear example, ex. mine are aquarius sun/ gemini moon

Thanks

Christine

Admin 14.11.2011. 17:28

You are doing well to learn a few key words to help you get started in astrology. These are the key words that I use and they help simplify the learning of astrology big-time.

Sun- Nature (Virgo=Analytical Nature Leo= Creative Nature Aquarius= Impersonal Nature

Moon=Emotions. (Scorpio =Deep Emotions Gemini= Changeable Moods

Mercury=Communicate ( Cancers=introverted when communicating Aries- extroverted when communicating)

Venus=Love (Venus in Pisces loves all. Venus in Gemini is flirtatious and changes partners quite often)

Mars=Desire/Sexual Desire (Mars in Capricorn slowly and patiently go after their desires as they are ambitious and persistent. Mars in Scorpio has a high sex drive.)

Jupiter=Faith/Abundance/Travel (Jupiter in Sagittarius is hopeful and loves travel. Jupiter in Taurus loves their home which is filled with an abundance of comfort. Leo is filled with abundant faith that they will win the talent contest.)

Saturn=Personal Responsibility (Capricorn in Saturn never give up on their goals even though it is slow-going at times. Saturn in Aries has to take personal responsibility for the battles that they choose and only fight worthy battles to find success.)

Uranus=Abrupt Change.(Uranus in Aquarius makes one impersonal instead of emotional. Uranus in Cancer would probably mean there would be many changes of residences in their life.)

Neptune=Spirituality (Neptune in Pisces has love for all in this world. Neptune in Virgo is often critical about organized religion.)

Pluto=Power (Pluto in Scorpio has a strong inability to trust others. Pluto in Aries makes one desire to be in control and have power in his life.)

Hope this is helpful to you. And once you learn the meaning of the planets, find the ruling planet of each sign and it too it similar to the ruling planet's traits. Oh and I don't have a definition for Lillith that I agree with at this point. Though many understand this "Dark Moon." I haven't yet discovered a definition that gives me a complete understanding. So look up "Lillith" and see what appeals to you. Again good luck and bless you.

Admin

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