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    Liquidity in Business
    Liquidity in business refers to availability of cash in times of uncertainty or in times of unwanted cash outlay. It is the capacity of any business to be prepared for any cash disbursements without any burden on where to get some money. This aspect is very important in any kind of business.In managing your own homebusiness, you should take into consideration the liquidity of your business. You should examine your business whether you have available cash ready for disbursements or whether almost all of your cash is invested in inventories or other non-cash assets. It is very import
    ce work which was done over the phone and realized good profit improvements and improved levels of customer satisfaction by outsourcing jobs to smaller communities across the US and Canada where local wages were low, and unemployment high. As the years passed, we started sending telephone delivered service work to many of the same areas I'd used earlier to manufacture women's pumps and a
    Leadership and Vision - What's Your Cathedral?
    Can leadership exist where there is no vision? For perspective, let us review the Story of the Three Stonemasons.Three stonemasons were busy at work when a passerby asked them, “What are you doing?”The first stonemason responded, “Laying bricks, sir.”The second mason answered, “Earning a living.”But, when asked by the passerby what he was doing, the third stonemason said, “I’m building a cathedral.”The third craftsperson had a vision and saw the greater purpose of their labor. It was the third that recognized they would leave a lasting legacy.Lea
    How do you feel about outsourcing jobs? Whether for it or against it, most people I speak to have fairly strong feelings about its use.

    Some hope that regulations or changes to the tax codes will stop businesses from using it. They hope to see fewer local jobs lost as a a result. Others see it as the only way to compete in a global economy and save their enterprise. I believe it is going to become increasingly more prevalent. Further, it's going to take the jobs from many people who have so far escaped its impact.

    Beyond the traditional roles and job grade levels, outsourcing - and in particular off shoring - is about to impact North America's businesses and our economy as dramatically as anything in the past.

    If you think that because of your education, management level or profession you are untouchable - you're naive.

    It's the Future All Over Again

    In the the late 1970s, I started traveling to Asia to meet with companies and local government agencies willing to set up factories in those countries. My goal was to have them make various products (shoes, accessories, glassware, clothing, microwave ovens) for sale in North America. I went there because I thought they could manufacture my goods for far less money than on this side of the ocean. It worked very well. Throughout the decade, Asian factories and economies grew as many other companies followed this approach.

    Later, in the early 1990's I applied the same financial logic to increase margins in other industries. I became involved with customer service work which was done over the phone and realized good profit improvements and improved levels of customer satisfaction by outsourcing jobs to smaller communities across the US and Canada where local wages were low, and unemployment high. As the years passed, we started sending telephone delivered service work to many of the same areas I'd used earlier to manufacture women's pumps and ap

    How to Significantly Reduce the Costs of Your Office Consumables Provisioning
    Due to the fact that office consumables and paper-based products are nowadays extensively used in virtually every existing industrial branch, playing crucial roles inside businesses of all types and sizes, the demand for such types of products is increasing exponentially, and is expected to reach its peak right in the next few years. Although many quality specialized manufacturers have recently emerged in the market, the demand for paper products and office consumables registered in present is still accentuated, and the costs for such products are still quite high. The good news is that t
    oing to become increasingly more prevalent. Further, it's going to take the jobs from many people who have so far escaped its impact.

    Beyond the traditional roles and job grade levels, outsourcing - and in particular off shoring - is about to impact North America's businesses and our economy as dramatically as anything in the past.

    If you think that because of your education, management level or profession you are untouchable - you're naive.

    It's the Future All Over Again

    In the the late 1970s, I started traveling to Asia to meet with companies and local government agencies willing to set up factories in those countries. My goal was to have them make various products (shoes, accessories, glassware, clothing, microwave ovens) for sale in North America. I went there because I thought they could manufacture my goods for far less money than on this side of the ocean. It worked very well. Throughout the decade, Asian factories and economies grew as many other companies followed this approach.

    Later, in the early 1990's I applied the same financial logic to increase margins in other industries. I became involved with customer service work which was done over the phone and realized good profit improvements and improved levels of customer satisfaction by outsourcing jobs to smaller communities across the US and Canada where local wages were low, and unemployment high. As the years passed, we started sending telephone delivered service work to many of the same areas I'd used earlier to manufacture women's pumps and a

    Estimates on How Much Companies Will Spend to Resolve the Options Backdating Issue
    First some answers on a not so serious note:1. Make an estimate, then multiply by 2, divide by 0.134263 and take the square root after adding Pi times the estimate times 12.3452. Use a dart board and get some friends together to change the numbers to very high 8 figures. The one person that hits the same estimate range on the dart board 3 times is the closest to the estimate.3. Take a wild swing and at the end of the report, cite the analyst firm IMTSU 2006 (I Made This Stuff Up).There are 3 portions to the cost of resolving the options backdating issue:
    management level or profession you are untouchable - you're naive.

    It's the Future All Over Again

    In the the late 1970s, I started traveling to Asia to meet with companies and local government agencies willing to set up factories in those countries. My goal was to have them make various products (shoes, accessories, glassware, clothing, microwave ovens) for sale in North America. I went there because I thought they could manufacture my goods for far less money than on this side of the ocean. It worked very well. Throughout the decade, Asian factories and economies grew as many other companies followed this approach.

    Later, in the early 1990's I applied the same financial logic to increase margins in other industries. I became involved with customer service work which was done over the phone and realized good profit improvements and improved levels of customer satisfaction by outsourcing jobs to smaller communities across the US and Canada where local wages were low, and unemployment high. As the years passed, we started sending telephone delivered service work to many of the same areas I'd used earlier to manufacture women's pumps and a

    Are You Branded Yet?
    One of the best ways to increase your chances of success, whether you work for someone else or have your own small business, is to find an effective way to tell people what you have to offer.You can do this by creating your own brand, according to author, consultant, movie producer and director, Tom Marcoux, who is known as America's Communication Coach. "In order to make your dreams come true you need to effectively tell the world what you offer.And, the essence of telling the world is to clearly and concisely express what you're best known for. This is your personal brand
    ca. I went there because I thought they could manufacture my goods for far less money than on this side of the ocean. It worked very well. Throughout the decade, Asian factories and economies grew as many other companies followed this approach.

    Later, in the early 1990's I applied the same financial logic to increase margins in other industries. I became involved with customer service work which was done over the phone and realized good profit improvements and improved levels of customer satisfaction by outsourcing jobs to smaller communities across the US and Canada where local wages were low, and unemployment high. As the years passed, we started sending telephone delivered service work to many of the same areas I'd used earlier to manufacture women's pumps and a

    Metal Injection Molding
    What is Metal Injection Molding?Metal injection molding is a powder metallurgy process used for manufacturing metal parts. Although metal injection molding uses powder metal, it is nothing like conventional powder metal processing. The metal powders used in metal injection molding are 10-100 times smaller than in powder metal processes. Also, the end product of metal injection molding is much higher in density. Metal injection molding offers the same benefits and features as plastic and rubber molding, but produces a much stronger end product. Applications for metal injectio
    ce work which was done over the phone and realized good profit improvements and improved levels of customer satisfaction by outsourcing jobs to smaller communities across the US and Canada where local wages were low, and unemployment high. As the years passed, we started sending telephone delivered service work to many of the same areas I'd used earlier to manufacture women's pumps and apparel. Outsourcing was now offshoring. As we all know, many top North American companies no longer have many employees involved in service departments. They've found that those roles can be done better/faster/cheaper by expert companies in Asia or elsewhere.

    Now it's becoming clear that many other jobs requiring no physical interaction can be done in Third World countries, where the pay scales are about 1/10th of what people in North America would get for those jobs.

    Does Your Job Use Decision Tree Logic? Oh Oh....

    Some executives still haven't figured out that the same technology which allows an Indian Customer Service Rep to serve a MasterCard customer in Michigan has been re-purposed and expanded to allow an accountant living in India to do the taxes for an elderly taxpayer in Ontario.

    Some people know that this is going to impact many accountants in the same manner it did to employees in manufacturing and the service industries over the recent years.

    But the real big deal still hasn't been considered by most executives, in most industries, yet.

    Any management job or professional activity which is dependent upon so called 'decision tree management' is in jeaprody of being outsourced by someone in a country where a computer can do the same thinking in less time and with less human distraction. It is my opinion, based upon what I see and hear from those in the know that by the year 2015, most routine work done in most businesses in North America will be done by people living in Asia or South America wh

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