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Creating a Risk Management Plan: Deciding What You Need Before Mitigating Risk

Angela Johnson

May 22, 2017

Before performing the steps of risk management, increase your chances of success by first planning, which amounts to taking some time to decide and define what you need.

What Tools Will You Use in Managing Risk?

Tools are such things as forms, policies, procedures and software you will use to implement and perform risk management. If your company has a Project Management Office or even a Risk Management Department, you may have access to ready-made tools. If not, decide what you need and what the project needs in regards to tools. Are you new to risk management? Maybe you just need a basic procedure and a few basic forms to get you started. See Rita Mulcahy’s book, Risk Management: Tricks of the Trade for Project Managers for examples of steps, strategies and forms (RMC Publications, Inc).

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Business Parties and Mixers: How to Leave a Good Impression at Business Networking Events

Angela Johnson

May 19, 2017

Business card exchanges and other networking events send a mixed message about appropriate behavior – should you eat the food or be ready to shake hands?

Chambers of commerce frequently host business networking events, as do other business organizations. These events may offer food, beverages, a guest speaker or musical performance, raffles, and other diversions. These amenities may draw larger crowds to the events, but all of them conflict with the art of business networking by rendering one unable to converse or shake hands.

Conversation Stoppers

Certain networking activities impede conversation. Networkers cannot engage in active listening to get names right if they are unable to listen. When considering events to attend, weigh the likelihood of each of these conversation stoppers being present:

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The Benefits of Incorporating Your Business: Should Your Company be Incorporated?

Angela Johnson

May 16, 2017

Many businesses eventually become corporations. But the timing of such an action is different for each business. Here are some key points to consider about incorporation.

Although incorporating your business is not necessary to running a successful company there are many benefits to be gained by doing so. Incorporating a business can be done at the beginning of the life of the business or later when the business begins to grow larger. Although certain types of businesses can benefit immediately and protect the owners of the business by incorporating.

The Benefits of Incorporating

So what are some of the benefits a business receives by incorporating? For one the owners and officers gain a measure of protection for their personal assets. If the company defaults on a debt or is forced to file for bankruptcy protection the owners and officers cannot be held liable for that debt. But there is one stipulation to that rule. The owners and officers cannot give personal guarantees to secure such debt or financing. If they do they can still be held responsible for those liabilities that they guaranteed.

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IT in Business: Business IT Development: The Advice Was – Make Sure it’s IBM Compatible

Angela Johnson

May 13, 2017

Early efforts to sell desktop computing into business were driven by focus on function, the most obvious targets being accounting and payroll.

Business computing had undergone a sea change in the late 1970s. At this point in time it became possible to assemble a hardware package, small enough to sit on a desk, yet capable of delivering effective processing power. The personal computer was born.

The Burden of Choice Simplified

There were many offerings in those early days, each with its own unique selling proposition, but there was little compatibility between the different solutions. A businessman making a poor selection would be faced with expensive data migration after only a short time.

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6 Reasons To Update Your Business Plan: Your Plan For Your Company Is Your Roadmap So Keep It Updated

Angela Johnson

May 10, 2017

Your business plan is your roadmap to success. But your path is constantly changing and to keep your goals clear and fresh you need to update your plan regularly.

A business plan is not something you write and then toss in a drawer. It’s an ongoing blueprint of what you want to accomplish and how you plan to get there. But your goals for your business and the climate you operate in will change. So your plan will need to be adjusted accordingly. Here are just a few of the reasons that you may have for keeping your plan up to date.

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Citing Sources in a Business Plan: Forecast Market Trends Using Facts, not Fantasy

Angela Johnson

May 7, 2017

In a tight credit market, lenders and investors want to see verifiable information in a business plan’s analysis. When seeking financing or investors, show the facts!

Businesses seeking financing or investors must be supported by a business plan that provides verifiable information. Especially during an economic downturn, lenders and venture capitalists will go over financial projections with a fine-toothed comb. The plans that back up claims with research provide a competitive edge to those businesses in an increasingly tight credit market.

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The Business School Admission Process: Selection Criteria, Types of Courses and Funding

Angela Johnson

May 4, 2017

Management education can propel careers, but thorough knowledge of the admission process is needed to obtain an Master of Business Administration degree.

Applications for management education are on the rise worldwide, as professionals and students realize the importance of an MBA to boost careers. The admission process is fairly long and competitive and candidates need to be aware of the intricacies of the process.

Admission Criteria

The admission requirements generally include a sixteen year educational background. All applicants are required to take the Graduate Management Aptitude Test or the GMAT. Several schools also require TOEFL (Test of English as a Foreign Language) scores. This is mainly for international applicants from countries where the native language is not English. Full time work experience is usually preferred by schools across the world. The actual application requires candidates to write essays clearly mentioning their career aspirations and reasons for applying to the particular school.

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The Necessity of a Good Business Plan: Why Your Business Needs to Have a Proper Plan

Angela Johnson

May 1, 2017

It’s a given that a business needs a business plan. Often, though, business owners, once they’ve written their plan, will neglect it. But your plan is your guide.

Getting a business off the ground is not an easy thing to do. It requires a lot of hard work and sacrifice. But what many people fail to realize is that what a business needs most of all is a good plan. People start businesses based on ideas and emotions. They believe they have a great idea or they feel they can do something better. And they may be right. But before they go and throw their time, money and other resources into a business they need to make sure they have a plan. Without it all you have is a recipe for disaster.

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Michelangelo the Entrepreneur: A Creative Visionary With Interpersonal Business Skills

Angela Johnson

April 19, 2017

Michelangelo is an internationally ubiquitous figure throughout the world, from references to his life and work through popular culture on post cards, commercials, and movies, he is known for a level of creative genius rarely achieved. The view of the irascible creative artist can be a misconception though, and disregards other entrepreneurial attributes that are essential to success, such as the interpersonal qualities of networking and relationship building.

The book Michelangelo at San Lorenzo: the Genius as Entrepreneur by William E. Wallace [Cambridge University Press, 1994], provides an interpretation of Michelangelo’s life as a networking collaborator, and sheds light on the operations and team work processes utilized to achieve his iconic status. Michelangelo raised the standards of the artist, and the way he accomplished this responsibility was through a loyal network of contractors, artists, and project commissions that he respected and worked with openly.

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What Tools Will You Use in Managing Risk?

Conversation Stoppers

The Benefits of Incorporating

The Burden of Choice Simplified

Admission Criteria

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