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Answer Upon - 50 Ways to Save Money
How important is integrity when it comes to the field of internet marketing? Is this something that one can take sort of semi-seriously?I don't think so. Integrity is quite necessary in any field of indeavor, but it occurs to me that it might be especially important within the IM industry.The reason?Easy - from my observations there is a pretty good amount of "slippery" activity in this particular field. Once can get pretty duped if not careful.Here's a few tips on being able to spot what's really valid, and what is maybe not so honest:1. Does the opportunity advertise that it's "free" but it doesn't quite make sense how it can be? Some sites advertise the "free" thing without it actually being true - for example, if you sign up for something that is advertised in this way find out first what the actual expenses are before you bite. My experience has been that when you sign up for something that is not actually being direct up-front that it's going to be tough to be successful with it in the long term. (That's based on my own experience and does seem to apply as a general rule.)2. What do other network marketers think of it? You can find this out by looking at posts on internet marketing forums. If people have been duped by the program, you'll find out there and will also get all of the details.3. What are the credentials of the site? When you look at a business opportunity website you can usually find out the credentials of the site at the bottom of the main page. Take a look - i
Obtain alternative quotes - on everything. Advise existing suppliers that the business is being tendered, and give them a chance to reduce their prices.
5. Call in a negotiator
Never allow the person in daily contact with a supplier to negotiate price. Use the good cop/bad cop approach, calling in someone else, so that emotion is not involved in the process. This also allows the day-to-day relationship to remain unaffected.
6. A beautiful friendship
Building good rel
The laws governing telemarketing calls have been toughened due to the outrage of people who have been constantly harassed by telemarketers calling them at all hours of the day and night. One of the most complicated and convoluted of the telemarketing laws are the laws that pertain to telemarketers who make calls on behalf of fundraising organizations. In order to better understand these laws so that you, as the consumer, know whether or not your rights have been violated, what follows is a brief summary of telemarketing fundraising laws. Please be advised that these laws may be slightly different based on where you live. These are general FTC guidelines.First of all, it is important to know just who is and who isn't covered by these laws. If you are a telemarketing company making calls on behalf of a fundraising organization and you are doing this for profit on behalf of a non-profit organization then you are covered by these laws. If you are a non-profit agency then you are not.If you are covered then you must honor what are called in-house suppress requests. This means that you must eliminate numbers of prospects and customers to call who specifically request not to be contacted by your company. This is according to Article # 31, DMA Guidelines For Ethical Business Practices.After that has been done then the next restriction is that you can only call people between the hours of 8 AM and 9 PM. This is according to Section 310. Each individual state may have different additional restrictions as far as legal calling hours.When making the call you mu
Buyer’s remorse is not a new idea. You may have experienced it right after a friend revealed he’d paid $100 less for his state-of-the-art golf clubs than you did. But what’s $100 between friends? Better luck next time, you think.
Now consider how you’d feel if the same friend told you he was saving $100,000 a year on running costs for his business. Suddenly, buyer’s remorse takes on a much more serious face.
Cost cutting may not be glamorous, but it is vital to ensure the stability and progress of every business in today’s competitive world. Fortunately, you don’t have to do it by yourself. There are consultants, such as Expense Reduction Analysts (ERA), available to help you manage costs. They scrutinise the ‘little things’ that are often overlooked, and yet add up to big costs - things like stationery, printing, telecommunications, couriers...you get the picture. Once scrutinised, they offer a solution tailor-made to that company.
“Our clients always make the decisions about which alternatives are most suitable for them, and are included in the process all the way through,” says Fred Marfleet, Chairman of ERA Australia. “But our help and guidance ensures they make the right decisions.”
To give you an idea of the kinds of things that a company like ERA takes into consideration when investigating a cost-management solution, we’ve put together a list of 50 ways in which your company might cut costs.
Starting with the big picture
1. Centralise purchasing
You may be buying the same goods from different suppliers! Coordinate the spending of different departments to maximise discounts through bulk purchasing power.
2. Cut the paperwork
Request monthly consolidated invoices to improve cash flow and reduce administration costs.
3. Ask for a reason
Don’t accept a price increase without challenge.
4. Get a second opinion
Obtain alternative quotes - on everything. Advise existing suppliers that the business is being tendered, and give them a chance to reduce their prices.
5. Call in a negotiator
Never allow the person in daily contact with a supplier to negotiate price. Use the good cop/bad cop approach, calling in someone else, so that emotion is not involved in the process. This also allows the day-to-day relationship to remain unaffected.
6. A beautiful friendship
Building good rela
We’ve all done it - played that movie over and over in our minds of our confident entry into the boss’ office and asking for - no, demanding – that elusive pay raise. However deserved, however, reality often plays out far differently, with many relegating themselves to their boss’ budgetary discretion.Yes, asking for a raise can be tricky as there are so many factors that come into play: the business culture, company policies regarding regular job assessments and wage reviews, and the subjectivity of your boss. Asking for a raise can be more than anxiety provoking…it can be downright depressing. So, what are the throngs of underpaid, though deserving, employees throughout corporate America to do?John McKee, a Certified Business and Executive Coach and Author of 21 Ways Women in Management Shoot Themselves in the Foot, who has received, denied and granted literally thousands of pay raise requests throughout his management career, offers these potentially profitable insights:For those employed in companies with policies regarding wage reviews, the first thing is to find out how frequently those are supposed to occur. In most large companies, it will be an annual activity with the HR department providing supervisors with guidelines for how to appraise individuals, and what type of increases are appropriate based on how the employee is rated for performance, attitude and potential growth on the job in the future. If you are involved in this type of organization, you should take advantage of the formality and regularity of the wage/performance review annual event
Cost cutting may not be glamorous, but it is vital to ensure the stability and progress of every business in today’s competitive world. Fortunately, you don’t have to do it by yourself. There are consultants, such as Expense Reduction Analysts (ERA), available to help you manage costs. They scrutinise the ‘little things’ that are often overlooked, and yet add up to big costs - things like stationery, printing, telecommunications, couriers...you get the picture. Once scrutinised, they offer a solution tailor-made to that company.
“Our clients always make the decisions about which alternatives are most suitable for them, and are included in the process all the way through,” says Fred Marfleet, Chairman of ERA Australia. “But our help and guidance ensures they make the right decisions.”
To give you an idea of the kinds of things that a company like ERA takes into consideration when investigating a cost-management solution, we’ve put together a list of 50 ways in which your company might cut costs.
Starting with the big picture
1. Centralise purchasing
You may be buying the same goods from different suppliers! Coordinate the spending of different departments to maximise discounts through bulk purchasing power.
2. Cut the paperwork
Request monthly consolidated invoices to improve cash flow and reduce administration costs.
3. Ask for a reason
Don’t accept a price increase without challenge.
4. Get a second opinion
Obtain alternative quotes - on everything. Advise existing suppliers that the business is being tendered, and give them a chance to reduce their prices.
5. Call in a negotiator
Never allow the person in daily contact with a supplier to negotiate price. Use the good cop/bad cop approach, calling in someone else, so that emotion is not involved in the process. This also allows the day-to-day relationship to remain unaffected.
6. A beautiful friendship
Building good rel
The military whether in the U.S. or any other country comes under constant scrutiny and criticism for what it does wrong. This is true both when at war, when at peace and when preparing for conflict. Beneath the weapons, the camouflage and the rigid tradition-bound hierarchy there are many things the military does right. These can serve as examples for businesses and organizations of all sizes.Accept only the best people. In spite of the recent controversy about U.S. Army recruiting not meeting goals, the military is always looking for the best men and women for their enlisted ranks and their officer corps. Standards, while they may be modified from time to time, are very high.Training. New recruits. New enlisted personnel and new officers go through extensive training. While it differs from service to service, the training breaks men and women down to their raw attributes and skills and builds them up into the mold of the ideal soldier, sailor, airman or marine. This is only the first step of a continuous cycle or training.Standards. Clear standards for are established for every role, job and function. This applies to both performance in the job and promotion to the next level. There is no guessing about roles – they are spelled out clearly. Performance is measured against established and documented standards for each function and role. Thus the guessing of what is expected is eliminated.Promotion from within. Whether it is from enlisted ranks to specialties and non-commissioned officers or from lowest ranking officers to higher levels of pay
“Our clients always make the decisions about which alternatives are most suitable for them, and are included in the process all the way through,” says Fred Marfleet, Chairman of ERA Australia. “But our help and guidance ensures they make the right decisions.”
To give you an idea of the kinds of things that a company like ERA takes into consideration when investigating a cost-management solution, we’ve put together a list of 50 ways in which your company might cut costs.
Starting with the big picture
1. Centralise purchasing
You may be buying the same goods from different suppliers! Coordinate the spending of different departments to maximise discounts through bulk purchasing power.
2. Cut the paperwork
Request monthly consolidated invoices to improve cash flow and reduce administration costs.
3. Ask for a reason
Don’t accept a price increase without challenge.
4. Get a second opinion
Obtain alternative quotes - on everything. Advise existing suppliers that the business is being tendered, and give them a chance to reduce their prices.
5. Call in a negotiator
Never allow the person in daily contact with a supplier to negotiate price. Use the good cop/bad cop approach, calling in someone else, so that emotion is not involved in the process. This also allows the day-to-day relationship to remain unaffected.
6. A beautiful friendship
Building good rel
It should not be. If it is an effective newsletter, it will serve the needs of readers (employees) as much as it serves the needs of the publisher (management).Let me explain how to ensure it serves employees as well as management, by reviewing four key points I make in A Manager’s Guide to Newsletters: Communicating for Results.Objectives and reader responses:First, state your objectives in terms of reader responses. This forces you to focus on your readers, and what they're likely or not likely to do. Nothing brings objectives down to earth more quickly than the reality of implementation.Now you may have self-serving objectives, such as increasing employee productivity, which is fine. But, once you state that objective in terms of reader responses, you are forced to see that objective in new terms.For example, let's say you want to increase productivity. The desired reader response might be that employees will participate in lunch hour learning sessions. Now, you have to plan and write articles that give readers some good reasons to attend.Reader goals:To find those reasons, you'll have to identify readers' goals, and which of them they can achieve through your organization. Chances are your organization can offer a stable income, but probably not the chance to become fabulously wealthy. Nor would you expect most organizations to be part of spiritual or family goals. So the second key point is to focus on the goals that your organization can help readers attain, and leave the rest alone.Content in which you share an interest:t together a list of 50 ways in which your company might cut costs.
Starting with the big picture
1. Centralise purchasing
You may be buying the same goods from different suppliers! Coordinate the spending of different departments to maximise discounts through bulk purchasing power.
2. Cut the paperwork
Request monthly consolidated invoices to improve cash flow and reduce administration costs.
3. Ask for a reason
Don’t accept a price increase without challenge.
4. Get a second opinion
Obtain alternative quotes - on everything. Advise existing suppliers that the business is being tendered, and give them a chance to reduce their prices.
5. Call in a negotiator
Never allow the person in daily contact with a supplier to negotiate price. Use the good cop/bad cop approach, calling in someone else, so that emotion is not involved in the process. This also allows the day-to-day relationship to remain unaffected.
6. A beautiful friendship
Building good rel
Problem of Training TransferA new inventory system was installed in a typical manufacturing company. Employees in the Purchasing Department were sent off to learn how to use the new software. One month later, the Purchasing Manager finds that only two out of the twelve Purchasing Officers are using the new system. The expected cost savings have not materialized and the Purchasing Manager resolves to take issue with the Training Manager at the next weekly meeting.Does this sound familiar? Experts estimate that somewhat less that twenty percent of training investments lead to some organizational benefit. This anomaly is commonly referred to as the "problem of training transfer". Why is it that such a small proportion of training ends up being used back in the workplace? With increasing marketplace competition, leaner resources and a greater focus on tangible outcomes, more and more managers are asking this question.How can you increase the transfer of training in your organization? For any given training program, you will need to look into three areas: training participant attributes (intelligence, attitudes) training program design and delivery workplace environment What can you do to enhance the positive impact of each of these factors? Looking at the first factor, training participant attributes may be influenced when introducing new employees to your organization through an effective recruitment, selection and induction process. Attributes can also be influenced before training begins through p
Obtain alternative quotes - on everything. Advise existing suppliers that the business is being tendered, and give them a chance to reduce their prices.
5. Call in a negotiator
Never allow the person in daily contact with a supplier to negotiate price. Use the good cop/bad cop approach, calling in someone else, so that emotion is not involved in the process. This also allows the day-to-day relationship to remain unaffected.
6. A beautiful friendship
Building good relationships with suppliers can result in reductions in costs. Ask them for suggestions on how to improve the way in which you work together. Could ordering weekly instead of daily allow them to reduce their own admin costs and enable them to pass the savings on?
7. Improve cash flow
Reduce your stock levels, and encourage suppliers to hold stock.
8. Review product specification
Ensure that products being used do not exceed requirements. Can you use second-hand pallets for transportation? Recycled toner cartridges?
9. Establish a caring culture
Caring is a pre-requisite to effective cost-management. If staff and executives are complacent, it’s difficult to implement savings.
10. Commit to stamping out unnecessary costs
Lead by example and demonstrate to employees that you care about saving money, even on the smallest items.
And now for the detail...
11. Advertising
Don’t just take their word for it: conduct regular research to ensure that your advertising budgets are being used effectively.
12. About the creative...
Remember that outstanding advertising creative work generally costs no more than ordinary creative. Having said that, ensure that you are not funding the creation of campaigns that win awards, but do not sell your product!
13. Bank charges
Review them regularly - at least once a quarter. Ask your bank manager to suggest ways in which you could reduce them.
14. Competitive banking
While it’s easy to be complacent and leave all your banking in the hands of one institution, it pays to shop around. Many banks specialise in different areas of expertise, and you can use that knowledge to serve your needs - and save you money. Plus, you won’t be fully dependent on one bank!
15. Challenge the manager
When you receive the statement of charges from your bank, take five minutes to consider ways in which the bank has added value to your business. Challenge the bank manager to come up with five himself - and ask yourself whether his li
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