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New Business: The Cost Factor |
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Written by Administrator
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Thursday, 27 December 2007 |
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There is a fine line between starting your business on a shoestring and letting it fail due to a lack of resources. You don't want to shell out big bucks just to get going, yet you want to look professional in the eyes of your customers. The paradox and the challenge is to maintain the image of a solid, successful company without letting your expenses lead to uncompetitive pricing. The trick is to determine the point at which your business runs both effectively and efficiently. This is a key issue for any startup that can determine whether you'll be able survive. The good news is, if you master the art of trimming expenses early in the game, you'll develop good habits that'll serve you well as your company news. The first thing to do is cut your initial budget to the bare minimum. Chances are your business will start low, so doing things for a dime that would otherwise cost a dollar is great discipline. Here are some tips to keep early costs under control.  Be first to comment this article | Views: 295
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Last Updated ( Thursday, 27 December 2007 )
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Common Mistakes while starting a new Business |
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Written by Administrator
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Sunday, 23 December 2007 |
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Every day, literally thousands of regular, sane and normal people take the plunge and start their own businesses. As they survey the hazardous landscape, little do they know how easy it would be to avoid the traps that so many of us have fallen into. If you are in the initial phases of starting your own business, then I must warn you: Avoid these mistakes as if your life depends on it. Because it does--your financial life, that is. Here are these, Buying a job rather than a business. Yes, you'll have to be involved in the daily operations at the start, but remember that ulitmate goal is to grow your business into much more than just a job where you work hands-on every day. Work on the business, not just in the business. Be first to comment this article | Views: 328 |
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Last Updated ( Sunday, 23 December 2007 )
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Written by Administrator
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Thursday, 20 September 2007 |
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This was a shining saturday of May 2004 when I interviewed a guy named Bilal Niaz. He applied for Visual Basic Developer. In those days, I was used to conduct interviews almost 10 to 20 per day. I was very stressed but I still remember how much confident this guy was in his first interview. This was the first guy who ever challenged my concepts in some technical matters. I was smiling on him but his confidence was un-shattered. Once the interview was over, I discussed this guy with Khan Sb for almost 30 minutes before going to next candidate. Khan Sb was agreed with me that this guy has the potential to do wonders for our company. We agreed on placing an offer and with little bargain he accepted it. Be first to comment this article | Views: 394 |
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Last Updated ( Thursday, 20 September 2007 )
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