Thursday, April 22, 2010

Transformational Leadership

Achievement of corporate goals and employee goals at once is no easy task. This is very important, because the effectiveness of a leader is measured from the performance and growth of the organization he leads and the satisfaction of the followers of pemimpinannya. Therefore, a leader must be able to influence followers to accept the request without using the compulsion so voluntarily subordinates will behave and perform according to the demands of the organization through referrals leaders.

To be able to influence the behavior and performance of followers, we need a certain leadership styles or behaviors. Where is the leadership style which is owned by a leader in a company with one another there is no equality, if there are similarities perhaps from one side only, while the other side there are differences.
Leadership or leadership is a process of directing and influencing work-related activities of member groups. According to the Hersey and Blanchard, leadership is a process of influencing the activities of individuals or groups in an effort to achieve goals in specific situations. Leadership is a style of a leader affects the subordinate, in order to cooperate and work effectively in accordance with his orders.
Leadership style is what caused a person elected as a leader or manager, because it is most closely associated with corporate goals are achieved, the types of activities should be led, the workforce characteristics, motives, and other businesses. According to Stoner terms of leadership style or leadership style is: different patterns of behavior are favored by the leaders involved in the process of directing.
One theory is the most comprehensive change agent is the theory of transformational leadership was first developed by James MacGregor Burns in a political context. The theory further refined and introduced into the organizational context by Bernard Bass.
Basically, the theory of transformational leadership emphasizes the importance of a leader create a vision and motivating environment for subordinates to perform beyond expectations. In this case, the subordinates feel trust, admiration, loyalty, and respect for the leaders, so they are motivated to do more than what they expected. Even sometimes beyond what they thought they could do. This leadership model is based more on efforts to transform the leader of various values, beliefs, and needs of subordinates.

Wednesday, April 21, 2010

Get the Better Payment Term!


There are two ways to get better payment terms from your suppliers – make sure you know what the pricing is and negotiate the payment terms last, without warning. Most businesses do not expect small business and start-up business to negotiate payment terms, so you have the element of surprise on your side – and it makes you look more professional.
Firstly there is the extended payment term, of 60, 90 and 180 days – see if your supplier will allow any of those terms. Even if they only give you 60 days, you can always go back after 3-4 month using this payment terms in which you have shown to be trustworthy. If it is declined and only 30 days are offered – because you have no history – then this is the perfect scenario of our second method.
Early payment discounts of 2% if you pay within 7 days. This is like a 24% p.a. discount on the invoice value, not a bad way to compensate for the overdraft interest charges from your bank.
Surly you supplier is interested in your business, and is not going to decline both offers – you win either way – if they decline, then look for a new supplier. Because you are not only helping yourself with your cash-flow, but theirs too.

The Importance of Work Environment

Creating a positive working environment is important to strengthen employee morale. Stress can cripple your staff and make for a toxic working environment. When employees are overworked, they will experience high loads of stress which can lead to illnesses, reduced employee morale, lower productivity, and several other issues. The attitude a manager brings to the office can lead to higher amounts of stress. Are you coming into work with a dictatorship working style? Do your employees run around like crazy when you are in the office because they are trying to please you? 


A manager that causes stress in the workplace is not respected by their employees. Instead they are feared by their employees. The employees do not have a desire to work for you and they are going through the motions to get by. The productivity and morale will be low because you are causing high amounts of stress on your staff.

To develop a strong work balance and provide your employees with a healthy working environment, here are some tips:
  • Improve the physical working environment. A big stress to employees is the way the office is set up. Are your employees stuck in awkward positions when they are working? The working posture and positions you employees are in can cause stress on your employees. Introduce a healthy working environment by changing their desks, chairs, etc. An ergonomic working environment actually does reduce stress and will boost productivity as well as employee morale. Rearrange the office to make it easier to get around and to help your employees perform their job duties effectively.
  • Reduce their workloads. Employees always have a desire to please their boss, this often leads to them taking on large workloads and they may be unable to complete their work in a timely manner. Sit down with your employees and talk about their workloads. If you see that an employee is looking stressed, try to reduce their workload. Make sure the employees all have a balanced workload so they can perform their job duties effectively and efficiently.
  • Introduce exercise into the office. Try introducing a wellness program into the office to make everyone reduce their stress loads. Offer an on-site gym, add gym memberships to your list of employee perks, or try including an extra 30 minutes of "exercise time" during office hours. Encourage your employees to head to the break room for a yoga class or head outside for a nice walk. Including exercise in the workday provides your employees with stress reduction they need to perform their job duties easier and they will be much happier when doing so.
  • Take a look at your office environment. Are there things that are causing additional stress to your employees? Lighting plays a huge role in stress and employee morale. If your employees do not have enough exposure to natural sunlight, it leads to depression and stress. You can purchase new lights that actually mimic sunlight and have been shown to improve employee's moods and working environment. Wall colors can cause employees to feel stressed. Repaint the office soothing tones like light blue and tan as these colors help to soothe your staff and can provide a harmonious working environment.
  • Introduce laughter into the workplace. The easiest way reduce stress is to crack a joke with your employees and help them to lighten up a little bit. Laughter is one of the best ways to reduce tension in the office and to make your employees get along easier. Your personality plays a huge role in developing a relaxed and comfortable workplace where your employees will relax and become productive.

Saturday, April 3, 2010

Internet Marketing Business

Internet can be used as a source of additional income. Through the internet marketing business, for some people the internet is a source of reliable income. Many people are interested to earn money from internet marketing business. In general, they rely on Google to find more information about internet marketing business.

Internet already is one tool that can be used to multiply the money through the internet marketing business, with little capital to start a blog so we can follow a variety of programs that can generate money, such as by following the PPC program (Pay-Per-click), Paid Reviews , or an Affiliate, or commonly known as the Multiple Sources of Income.

Automatic Money Machine Automated Money Machine or System of a lot of us met on a business ad or sales letter internet business. There are people who interpret it the automatic cash machines like physical machines or let's say money printing factory run automatically using a high-tech robots, there are those who interpret the automatic cash machines as a business system that any time can make money on the owner, there are also those who say automated cash machine does not exist.

In today's media with the internet already so wide and then run all the activities including a business becomes easier and without limits. When the usually marketed products or services offline is usually done in places of business as the store or through a network marketing business, now can sell products or services on the Internet using a website that directly markets become more widespread, the market could reach all of Indonesia market as well as a greater direct again to markets worldwide.

Monday, March 15, 2010

Check Your Business Health


The small business health-check questions for you:
  • Do I know what is going on in my business in all areas or have I abdicated some responsibility to staff? You can pick and choose what you do work-wise everyday, you can not pick and choose what you should know about and make decisions about – this is your business, not your staffs business – act like it.
  • Am I running my business or is it running “itself”? No business is running itself, other than into the ground!
  • Do you know how your cash-flow is doing? Done this one before, yet it always comes back to this, check it out.
  • Do you have an overview of your small business fixed costs and sales, are you happy with the situation? I guess you could always do better, but if you do not know the details you can not improve your situation.
  • Is your vision in line with your small business targets? You need a vision for your business, that will allow you to develop your small business strategy and plan, so you know where you are going – don’t just drift along.
  • Have you asked your staff lately? Have a power-meeting with your staff once a week, to see how they are feeling about your small business, last week or the next few weeks. It will motivate them and give you a new insight in how others see your small business.
The central message here is to be involved in ALL areas of your business ALL of the time – in a management capacity. When I hire people I always hire people who do something better than I, but you have to stay involved.

Sunday, March 7, 2010

Small Business Ideas


There are some great small business ideas for you to consider:
  • A grocery checkout efficiency consulting service.
  • A traveling poker school offering intensive weekend tuition.
  • Assist businessmen who have trouble writing speeches or organising presentations.
  • A baby fitness class for parents and kids.
  • Restaurant where customers cook alongside the chef to aid learning – then eat their own meal.
  • Become a virtual assistant and offer your skill-set to others for hire.
  • Using Google Earth to work out green improvements to a given area.
  • A non-profit organisation that takes old donated tech items and makes them suitable for use by other non-profits.
  • Rummaging through other people’s houses to find saleable items which can be placed on eBay (you will take a percentage).
  • A service which reclaims gold from old electronics.
  • A website for generating name and branding ideas.
  • A service allowing volunteers to list their availability for charity projects in their area.
  • Private investigation for restaurants – find out whether your employees are following Health & Safety procedure.
  • A service which will transfer vinyl / CD to MP3 for people who don’t know how.
  • Unique bachelor / bachelorette parties tailored to specification.
  • Become a singer / songwriter making songs written to order for special events.
  • Digital picture blinds – when closed, they display images from a USB stick.
  • Highly trained babysitters who are available at the last minute.
  • Live tutoring online via webcam or chat.
  • A positive news channel / website with a special focus on good news!

Wednesday, March 3, 2010

Business Factoring

Well the Business Sector sure has taken a hit this last year or 2 as we as Business owners try to muddle through the landmines of building a business. It can be a daunting task. It will if youre not careful suck the life right out of you. In todays market and economy it can be very difficult to try to start a business let alone keep one alive and flourishing. There are ways to avoid the pitfalls of possibly going out of business but you as a business owner need to be aware of what avenues are available to you and if that avenue will fit your specific need. I have never believed in the herd mentality when it comes to business. Everyone is completely different and has different needs. I will discuss one option to consider today in this article that might help your business out.
If youre in business and you run credit cards or are planning on running credit cards this is a must read article. Now, we all know there are only a handful of options available to us as business owners when starting a business one of them is getting a merchant account, a way to run credit card transactions. Having a merchant account can be extremely important to the survival of your new or existing venture. I have a lot of clients that do run on a cash basis and do not take credit cards or payments. What we do in this situation is number 1 set them up a merchant account. Once they set up a merchant account is brings credibility to your business model. By running credit card payments youre showing a possible investor that you can handle and maintain your clients and payments. Also it shows the Banks and lenders that your business can survive and weather the storms. Let me give you some examples of what factoring is. Factoring is when you take your account receivables and receive funding from your processor or a 3rd party company. If you run 50k a week in business then you can in some cases receive money based off what you run each month or each week, it all depends on how you set it up. Here are some examples:
1)Factoring is a financial transaction whereby a business sells its accounts receivables at a discount in exchange for money. Let this be clear. Simple
2)Do research prior to going down this avenue. There are companies that will allow you to arrange a plan on how your payments back to the lender will be. What I mean by this is if you run 50k one week and your re-payment is 600.00 and then the next week you run 35k your payment would be 400.00. Look into all options as there are a lot of companies offering this type of funding. Dont get stuck in something you cant fulfill.
3)Factoring will definitely free up cash flow for any business. If your running in the red all the time and barely making your bills this type of funding will allow you to free up some cash, make on time payments still for your business obligations and most importantly you wont miss out on an investment opportunity that come your way because now you DO have the funds to proceed.
4)This type of funding can be expensive but ask yourself this question, if youre not planning on going out of business and you can support the cause of actually getting the funding you need then who cares? Right?
We all as business owners go through ups and downs its the nature of the beast. Lets be honest here, if it really was this simple wouldnt everyone be in business for themselves. CNN quoted not too long ago that the Small Business Sector of our Country (USA) makes up 95% of business owners. Imagine if all businesses take credit cards and process payments. Imagine if us (the little guy) as they call us didnt push forward and be creative and help this country grow, then where would we be?
Factoring can be vital to a business in any industry in any market anywhere in the world. Be sure to be creative and look for other alternative ways to fund your business. This is one of the best ways to help a business make it through the rough times and free up cash flow. Cash is King remember! Thanks for the reads and remember as the market changes, we change! If youre in need of information on how to go about taking care of your business needs please feel free to reach out to me, I offer free advice! Take care until next time, comments would be appreciated.

Read more: http://www.articlesnatch.com/Article/Business-Factoring/1277338#ixzz0s7d6V3D2
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