EmoryArcos

There are three key business processes involved in operating an entrepreneurial enterprise-management, strategy and operations. Ideally, all three business processes are tightly integrated. The management process provides a framework for hiring, training, and managing employees. The process not only helps employees become more effective in their positions, but it also helps to improve employee retention levels. The strategy process establishes both short-term and long-term goals. It clearly defines where you want to take your business in terms of earnings, sales, and revenues, and it also clearly defines how you plan to get there. The strategy process becomes your road map. And finally, the operation process provides the tools and the resources for achieving your goals. A business enterprise should be thought of as an entity--one that is operating as a whole. Although individual projects and processes appear to be working independently, they are interrelated and are focusing on the co

This is our next installment as we continue the series of instructive posts regarding how to avoid becoming a business statistic. Let me start by saying that I believe everyone who has ever started a business began their pursuit with some emotionally fueled passionate reason as the motivating factor to take the leap. Unfortunately the fact is that over 95% of new online home business owners, mostly due to habit, exchange their passionate pursuit that brought about the entrepreneurial freedom into something more reflective of a job which if left unchecked, is systematically followed by total burn-out and the death of that dream. When I work with those struggling to make money online it is fairly simple to identify who is stuck in this cycle. When they hit obstacles or have something fail they immediately think "why me?" or "here we go again!" and debate two paths; either to seek another shot of motivational "kool-aid" to get them going again or think about

Don't overlook these five common mistakes that most small business owners make when starting their first business. Use these guidelines to help grow your company into a successful business superpower. 1. Unreasonable Expectations There's nothing wrong with small business owners setting challenging goals or having high expectations for their new company. In fact, a majority of entrepreneurs are born with these exact personality traits. Owning a small business and watching it grow from the ground up is definitely something worth getting excited about. This type of excitement is often a good thing to have, but sometimes too much of a good thing can result in bad situations. As a new business owner, be cautious not to let the rush of starting your own business get to your head. Oftentimes small business owners think their businesses will generate revenue much faster than is realistically possible. While in some cases this does actually happen, the reality is that the majority of

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