Consulting Practice Tips: Delegate Weaknesses to Virtual Assistants

One of the things that I noticed when I started off in my business was that I was doing everything. I was working 60, 70 hours a week. Then after six months, I sat down and looked at my cash flow and my income and I realized I was making a little over $300 per job. That was with a tremendous amount of time and effort expended.

I quickly realized this was a fast trip to burnout, and that if I was going to be successful, I needed to do two things:

1) Build long-term relationships with clients so I didn’t have to constantly be knocking on doors all the time.

2) I needed to be smarter about how I operated my business.

This is really getting down to how you operate. How do you sustain yourself in a business when you are an independent consultant, or independent trainer?

When you’re a person who is the sole proprietor or the sole employee in your corporation, everything happens because of how you decide to use your time.

A great technique to assess how well you operate is to do a time management chart. What did you do that helped to bring in new clients, income, revenue, or value to your clients? Was it opening the mail? Was it researching on the internet? Was it reading somebody’s blog or was it speaking before a targeted audience of professionals at a trade association?

Was it putting time into your blog to send out a new article or some new information that had relevance based on a conversation with a client you just had two days ago? Think about how you use your time.

After looking at how you use your time ask yourself this question: What are the activities that I do well and what are the activities that I don’t do well?

For example, I am more of an idea thinker, a big picture guy. When it comes to the detail stuff, it’s not my forte. I have an administrative assistant who has been with me for seven years.
She’s fabulous when it comes to the details.

I’m involved in the front end, I handle questions, and trouble-shoot with clients and prospects. I’m there to make sure that she successfully gets to the goal line, but she does 90% of the project.

She’s not an employee, but a contractor. She doesn’t work in the same office I do she works out of a home office. We work virtually, she’s a virtual assistant.

This is a great concept and very popular right now, especially for sole proprietors, independent professionals, and solo consultants like us.

There are people who specialize in certain areas to provide a service that can help you be more successful in your business.

I have a virtual assistant for a couple reasons:

* She’s good at the things that I struggle with.
* It gives me time to really focus on leveraging my skills and my talent in areas where I’m most effective.

If you’re running ragged trying to do everything in your own business, be smart with your time and expertise, hire a virtual assistant. You’ll get back many hours a week so you can focus on the activities that only you can do to grow your business.

Matching Up Top Retired Army Sticker Printing Company

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Small Business Finance the Smart Way

Are you a small business owner? If you are, you’ll know that running a small business is one of the most difficult things you’ll ever do in your life. You’re the company’s spokesperson, owner, founder, advertiser and investor. You are its inspiration. It is your livelihood and your passion. And like all passions it is all consuming.

It has you crunching numbers when you should be sleeping. It has you sketching out ideas on napkins in restaurants when you should be eating. But like any love affair the irritations are worth it. You know that almost nothing in your life can match the highs that your business gives you. So stick with it! Give your business all your heart and soul. But be sensible when it comes to your cash.

Business Finance.

Starting your business can be incredibly costly. Buying the machinery, renting the premises, purchasing the advertising space… well you get the picture, you’ve been there. You are also probably aware that the cost of kicking your business into life is so high it can affect your businesses ability to grow later on down the line.

You’ve established yourself as a great business; you know you have the ability to expand and to grow. But you just don’t have the cash to do it. But what is the best way to get that much needed cash injection? You don’t want to be taken for a ride. This is why you need to know about business finance.

Small Business Cost.

The first thing to do when you start investigating small business finance is to look carefully at what you want to achieve. Having clear goals is one of the basic rules of success in business. If you are going to borrow money to support your business you must have a clear aim in mind. That way you can easily track the success of any investment and see how much, making your small business grow will cost. So, determine what you want. Are you purchasing assets, such as land or machinery, or stock? Or are you looking to improve your market position through advertising, or expand into new markets? Whatever you’re doing be clear about your goals.

Small Business Finance.

There are two types of small business finance available to you. The first is the more traditional and common form, known as ‘debt finance’. This involves your company lending money from a financial institution, usually your bank. There are up sides to this deal, you get your cash and you keep all your business. You do have to pay more back than you borrowed in the first place, with the onus on you to repay as soon as possible.

However, if you have clearly identified a use for your money this should present no problem to you and allow you to expand quickly. This is why it is the route taken by the majority of small businesses. If you fail to pay back the money you have borrowed however the consequences are severe, as part of the agreement will involve collateral. Often, this could be your house.

A less common option is that of ‘equity finance’. Ever seen the TV show Dragon’s Den? Then you’ll know what I’m talking about. Equity finance is when an investor gives you the cash you need and in return you give him a share, or a stake of your business. As the investor has no assurances, unlike the bank, he or she requires a much greater pay off if things go well. They want some of those profits! However if things don’t work out, you won’t be sleeping in the streets!

Your Future.

So there are plenty of ways you can offset your small business cost. Small business finance is easy to get if you pitch correctly and your business is heading in the right direction. Whichever mode of business finance you choose make sure you keep following the dream and your passion might end up making you millions.

3 Profitable Small Business Ideas 2012

Small business is at the forefront of economic development this year. Here are at least three (3) profitable ideas to start one today.

Income-Generating Business Online

If you wish to start with the least expenses and widest margin of profits, consider putting up your own online business. You will find many opportunities on the web to earn your income online. The best thing about making money on the web is that you are free from volumes of paperwork typical to earning your income offline.

If you have budget to allocate, it is always prudent to invest it to educating yourself and getting necessary tools to generate your web income. Doing such will increase your success rate, cut the time to earn your income, and take away the guess works to replace it with surefire income-generating methods.

Freelance Services

Providing freelance services is another profitable venture you can set up online and work from home. You have several options to earn from freelancing. One option is to sign-up with freelancing services as a provider to connect you with potential employers or clients. Your earning depends upon your hourly rate and the hours you can commit.

Other options include setting up your website where your potential clients can reach you and get further details of your offers. Online, you will find several tools to help you automate your business. These tools can increase your productivity, that in turn, increases your profitability. For instance, if you are into freelance writing, you can find several software for proofreading and editing.

Franchise Opportunities

If you are thinking of setting up a small business offline, look at your franchising opportunities. It is one of the fast-rising and more profitable businesses this 2012. What is good about the opportunities is that they work like templates. You will no longer have to spend so much figuring out what is going to work, as these businesses already prove they work to generate income for you.

You do not have to mull over coming up with a business plan, establishing your brand, and taking care of the nitty-gritty. However, you will have to spend some money to avail and set up your franchise-based offline business. Check the requirements, and see if compliance is convenient and comfortable on your part. You will also find tools online to help you automate business processes and speed up earning your income from your business.

Your regular job may give you a fixed and stable source of income. If you wish to earn financial freedom, however, the way to go is to earn from your putting up your own business. It does not have to be something extravagant or large-scale right away, nor does it need you to spend a lot. You will find several opportunities to choose between online and offline businesses.

In building your own small business, you can get all the help you need from internet resources. You will find tools to automate your process and save you time, effort, and money. These tools are able to increase your productivity and profitability. Whether it is online or offline business, starting it lets you help in stimulating the economy this year and onwards.

How to find a gift if you know nothing about football

Nothing is harder than trying to pick specialised gifts for a loved one when you don’t really know anything about their passion! One classic example is that of football; for the uninitiated – or just downright uninterested, the beautiful game can look incredibly dull and confusing… and it makes it doubly hard when you know that the special man or woman in your life is secretly hankering for some themed football gifts for their next birthday or celebration. Well thankfully all is not lost, and there’s a huge range of excellent themed gifts available to suit all fans and encompassing many different clubs! A couple of initial ideas to kick things off might be…

Arsenal FC – Family Tour of the Emirates Stadium

For the ultimate in football gifts,you can bring the whole family along to experience your special day with a tour of the magnificent Emirates Stadium. The entry entitles two adults and two children to take a tour around the legendary pitch and behind the scenes! Under the guidance of your expert tour guide, you’ll get to hear all the fascinating history of the club and the stadium – its history and the current activities of the club and it business. You’ll get to see all the crucial areas – from the players’ tunnel, to the first team’s dressing room where all the pre match nerves and pep talks take place! Additionally you’ll get to spend time in the Directors’ Spectator Box – with the essential press conference room and also the sweeping views of the pitch. At the end you’ll get ample time to ask all the questions you’ve got and also take any photographs – at critical areas such as the players’ tunnel!

There may even be a visit from a key figure in the club – and you have entry to the club visitors centre and the restaurant too after for some refreshments after your exciting tour! It’s a superb treat for any mad Arsenal fan and will definitely leave lasting memories to share and reminisce over! The tour will last for a couple of hours, and although you can be any age, you will need to be mobile as some areas aren’t suitable for wheelchairs. Otherwise this tour is very flexible and can be booked during various weeks from Monday to Friday during the year. When your lucky celebrant receives their football gifts, they’ll find a voucher for this experience in a big silver envelope – personalised with their name! Inside will be all the information they need to start getting excited about the tour – and details for booking etc. This kind of football gift really will win you fantastic points and delight them!

After your loved one’s fabulous football tour, they’ll want to come home and continue celebrations in style! So continue the theme of football gifts with an extra twist – food related football gifts! After all, football and celebration food tend to go hand in hand – either chips and burgers in the match interval, or a curry on the way home whether your team has won or lost! However, on this occasion you can provide something a little more interesting in the form of unusual and tasty football gifts for you all to enjoy together!

Footballer’s Chocoholic Pizza

The Footballer’s Chocoholic Pizza is a wonderfully quirky twist on traditional chocolate – and traditional pizza! It’s made from the best quality choc and it’s shaped like a large pizza with delicious soft curled chocolate flakes in white and milk variety to add the ‘topping’. It comes in both large ten inch and standard seven inch and can be cut into eight slices like a real pizza – perfect if you’re teaming it with other ‘beautiful game’ themed football gifts such as a ‘best of goals’ DVD and maybe some additional drinks and snacks to start the party off! You could even decorate the house in your loved ones team colours with balloons and banners to make it really special!

If these football gifts have started to create some inspiration – and encouraged you that you really don’t need to know anything about football yourself to score with excellent gifts for your loved ones, then hop online to see the fantastic full range of themed football gifts – have fun shopping in comfort and then relax knowing that all your items will be delivered safely to your door and all boxed up so he or she can’t pry until the big day! Have fun sorting out the perfect presents and seeing the big smile on their faces on their big day! After all, giving is just as fun as receiving when it comes to generating that satisfied glow!