Posts Tagged ‘efficiency’

Let Your Employees Work

Have you ever been trying to accomplish a task that required extreme focus, only to be interrupted repeatedly? Recently while reading the book The One Thing by Gary Keller with Jay Papasan I was reminded of how frustrating this can be.

Are You Guilty?

I ask the question above not to make anyone feel guilty, but rather to get each of us to evaluate our actions and the impact they may have on others’ effectiveness. Even though this can apply to anyone, it is primarily directed at those of us who are in a position where we manage others. So what do I mean by Read the rest of this entry »

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Employee Questions

We all have heard the statement, “There are no stupid questions, only unasked ones.” But how often do we fail at this? This post was prompted by an online conversation in a group I belong to. Someone had started the conversation mentioning they had a few questions and some were stupid ones. Oh, really? Read the rest of this entry »

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Justify Spending

Does your company have a way to justify spending? If so, have you realized that there may not be one all-encompassing way? If not, the why spend?

A Little Background

One of the first times I encountered this after college involved justifying expenditures for capital equipment. Actually I don’t even remember what method was used. It could have been return on investment (ROI), time to recover the cost through expense reduction, discounted cash flow or some other method. The point is, though, they did at least have some method in place to justify capital expenditures.

Years later a client would not even entertain the idea of justifying equipment purchases. The only method this particular client used was somebody said they needed it or Read the rest of this entry »

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Useless and Unworkable

Take a close look at how you operate. Do you have policies and/or procedures that are outdated? Do they actually make it harder for employees to be effective and efficient? If so, ask yourself some questions.

Was This Ever Needed?

Upon examination you may find that your company has policies and procedures that never were needed or were so poorly designed that they never worked as intended. This is actually a fairly common occurrence. A policy or procedure starts out being Read the rest of this entry »

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QuickBooks | Invoice or Sales Receipt

In QuickBooks you are offered both an Invoice or a Sales Receipt for charging customers for products and services you provide. It is important to know the uses of each.

When Does the Customer Pay?

If the customer pays after the service or products are billed, then an invoice is the best way to handle the sale. If, however, the customer pays at the time of service then it may well make sense to simply use a sales receipt. A sales receipt essentially accomplishes Read the rest of this entry »

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Employees Need More than a Paycheck

Have you ever heard a boss say to an employee, “With what I pay you I expect more”? While I certainly understand this idea, a form of this question can be asked in the other direction. Before any small business owners or managers get upset with that idea, please allow me to elaborate.

A Common Scenario

Although not as prevalent as in the past, there are still managers who Read the rest of this entry »

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Too Many Options

When choosing a flavor at an ice cream store you may have struggled because so many were appealing. Business decisions have a similar issue. Only in business the stakes can be much higher than whether you end up with something that taste good.

The Impact of Too Many Options

Whether we refer to it as too many options or too many choices the real issues is not what we call it but Read the rest of this entry »

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You’re Not Alone

You’re not alone in anything you attempt. Okay, that is a little misleading as you can choose to go it alone, but even then are you really alone?

Trying to Go It Alone

There are those people who seem to want to be the Lone Ranger and do it all themselves. It’s as if they cannot trust others to do it right. Or, perhaps they want all the credit and cannot stand the thought of sharing it with others. But, the reality is nobody knows or can do everything. To go it alone is to Read the rest of this entry »

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Healthcare Law Impact

As you certainly know by now, the results of the November 2012 election made it a certainly that the Affordable Care Act (Obamacare) will be implemented over the next couple of years. Just what does that mean to you?

A Nightmare

This law will have major effects on nearly all businesses, particularly those with over 50 employees. The requirement for employers with over 50 employees to provide health care or pay a fine creates a dilemma for many. Some will decide that the increases in premiums that are expected present Read the rest of this entry »

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Just Get Started

Procrastination, it gets the best of us all at some point. How often does someone say to us about something we are planning, “Just get started”? Our typical response is, “I will as soon as I get around to it.” You may have seen this before, but I think this picture shows just how ridiculous this response is.

Round Tuit

There you go. You can now say you have a “round tuit” and can get moving. Sometimes those first steps Read the rest of this entry »

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