Small Business

Achieving Competitive Advantage through Collaboration with Key Customers and Suppliers

Achieving Competitive Advantage through Collaboration with Key Customers and Suppliers

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An Evolving Operational Focus
In the past when companies pondered corporate strategy, operations had been peripheral to the discussion. Operations were considered a technical matter with one way of doing things and therefore not, strategic. Strategy is about products, markets, and competitive advantage with divergent possibilities.

Operations were seen as a series of puzzles with single best solutions. The realization that optimization of parts did not optimize the whole led to new focus - operational management went up a level from looking at individual tasks to looking at whole processes. During the 1960s, Japanese manufactures obtained competitive advantage by optimizing operational efficiency, which meant lower prices, flexible production capabilities and a reduction in lead times. Operational considerations became a key theme in strategic discussions.

Six Criteria for Choosing a Home Business Opportunity

Six Criteria for Choosing a Home Business Opportunity

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Over 21.8 million people in the United States have income producing home offices and that 25% of home businesses today provide 100% of the household income? But while millions of people are successfully working at home, millions more are struggling through the overwhelming amount of information about working at home on the internet. What's real? What works? What's legal? What's risk-free?

Here are six criteria you should consider when looking into a work-at-home opportunity.

1. Stick with home business opportunities that have been around OVER five years. Most businesses that fail, do so in the first five years. Don't get caught up in the pre-launch or ground-floor hype. The truth is, a good opportunity is good for everyone no matter when they join.

Top 10 Telecommuting Questions Answered

Top 10 Telecommuting Questions Answered

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Intrigued by the idea of working at home in a job? Millions of people each year surf the Internet to find the perfect work-at-home job only to be overwhelmed by the number of scams and work-at-home schemes. One of the first steps to finding a legitimate work-at-home job is to understand what telecommuting is all about. Below are the answers to the top ten telecommuting questions.

1) What is telecommuting?

Telecommuting describes the situation in which a person works off-site for all or part of the workweek. In essence, he commutes via telephone or other telecommunication equipment such as a modem. He may telecommute from home, a satellite location or mobile office. He doesn't do assembly work, email processing, envelope stuffing, or ad placing.

Home Based Business Ideas for the Health and Fitness Industry

Home Based Business Ideas for the Health and Fitness Industry

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If you're considering your own home based business, the "health and fitness" industry is a great place to start. There are millions of people of all ages searching for good health tips, products, health advice, vitamins and minerals, etc. So, there's an ongoing need for health-related businesses - both online and offline. Here are some great ideas for starting your own health related home based business.

Focusing on a Woman's Health

A woman's health is very important to her. You can start a home based business based on health and fitness for women only. Women are always trying to lose weight, improve health, and discover the secrets behind true health. You can build a home based business that offers advice for women and "improve your health" products such as vitamins, minerals, diet foods, recipes, etc.

How to Organize An Efficient Office

How to Organize An Efficient Office

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While many offices are trying to go paperless, the fact remains that some paperwork is necessary. Many business transactions require the proper paperwork and the IRS is just one organization that may require hard copies rather than electronic copies. If you have a small office you may find yourself running out of space to put all your paperwork. Organizing and properly filing your papers is essential should you ever need to find anything specific.

Business owners will tend to keep everything in an effort to avoid having to decide what to keep and what to pitch. In time, the storage room door cannot be opened and hope is all but lost for finding any documents that may be needed. It is the responsibility of management to make sure things remain organized to prevent lowered productivity or a complete shutdown of business operations.

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