The Best Way to Solve the Cash Flow Problems Common to Most Small Businesses

Choosing to be the particular proprietor associated with someone’s very own business is a bold switch, an interesting step for one to decide to make, and no doubt, one virtually guaranteed to make sure that you will certainly work hard over the next years. There are a couple of complications that tend to be common to the majority of small enterprises, and which small businesses proprietors must ultimately deal. Among the list of challenging lessons that just about any private business owner has got to understand is when to cease doing the job. They must discover how to function wiser, not really harder. One other, is actually the way to deal with their particular money circulation.

The cash stream problem is ordinarily a frequent challenge, and it typically exists in some form in every organizations. The ones that have regular money product sales probably suffer the least of all, while those which offer a b2b product or service will likely fight the most. Why? Since they wind up at the whip end of another business’s income cycle. This is basically the enterprise world’s model regarding the person which goes into work just to often be verbally abused by his manager, which comes back home and yells at his own spouse, who punishes her youngster whom kicks the puppy. Quite a few think of it as the “pass it along” program of displacement. But, where cash flow is involved, it’s the lag time involving payment that is transferred down the line rather than anger.

There are a selection of different ways for business owners to relieve its cash flow problems. One is to keep superior records so that they can conduct a more effective job involving predicting earnings ebb and flow. The right software program is typically useful in delivering illustrations or photos that estimate costs and gross sales. Upgrades, by way of example, might subsequently be scheduled at time periods when earnings is historically higher. Many individuals resolve the situation having a personal line of credit they can use when needed. This particular solution, sad to say, comes with a cost, that of the interest incurred. Another option will be find the right factoring company to purchase your bills. You actually might hunt below:, to have a directory of the top factoring companies in North America. Many have realized that marketing his or her statements to a organization they encountered on fixed their particular income stream needs for less money and efforts than they would have spent had they gathered those debts themselves.

Lanyards Supply a Link Between Utility and Design

It once was that the only person who actually had a lanyard (and also odds are, the guy did not have any idea that ended up being precisely what that it was referred to as) was the instructor from your child’s football team, that wore one all around his neck area to keep his whistle nearby. Fast forward a couple of years, and they commence to appear at training seminars, exhibitions, vacation retreats and so forth. Then businesses got in within the action and commenced using them for ID badges. Just about all was well for a few more years following that then abruptly, companies, within their continuous search for some minor dohicky they could possibly provide that the receiver wouldn’t normally throw away, found the modest lanyard. They might be tailored! Suddenly, a battle was on … and in addition to magnets info cards, ink markers plus ball caps, folks throughout were sporting Lanyards detailed together with the title, hues, emblem, web page and contact information involving local (and not so neighborhood) businesses.

It was actually as if the wave hovered for a minute with conferences and business use, before exploding inside the public sector. Then your ladies using sparkles plus beads started to move into the particular landscape, and out of the blue nowadays there’s not merely lanyards with ribbons, cables, ropes, straps and also webbing, they are handmade, made from various metals, sometimes running after themselves having LED lights! Lanyards help youngsters never to go missing, sportsmen to keep pace with their duck calls, those that smoke with regards to their e-cigs, photographers with their lens caps and also loups. Should the number of individuals what are still continuing to discover brand-new ways to utilize a lanyard is almost any sign, their recognition in all likelihood has never even yet reached its peak!

In case you are striving for new ways to work with various Lanyards within your selection, merely seek advice from YouTube pertaining to clean suggestions. Today, some sort of lanyard, although useful, is really as much a fashion accessory as it really is anything else. The truth is, the most up-to-date types in the marketplace, those with tailored lockets and even particular holders and even latches really tie the space in between adornment and utility. Any company searching for a great way to grow to be noteworthy in their users’ imagination wants merely to pattern a lanyard that’s exclusive enough to trap their vision as well as their creative thinking and they will have it created because completely no one throws away an attractive, valuable and originally developed lanyard.

A Correctly Skilled Manager and Valued Staff Can Make a Business

The office is where many folks commit considerable time. It’s just like a property away from house for some people. At a minimum, full-time staff invest about forty hours a week in the office. You would like that spot to certainly be a very good environment. Those hours worked can feel really prolonged if you aren’t happy at your career. It is a very good manifestation of supervision when the employees are content. A fantastic supervisor understands when you compliment his or her personnel. That praise is going a long way to generate someone experience desired and effective. There is nothing more intense in the workplace than sensing not care for. It certainly doesn’t intend to make a person encouraged to try and do much better. With coach training by ECI, a company will most likely possess a good director.

An excellent boss will be aware when you ought to push the staff or maybe when you ought to take the time to employ a assembly. Often employees should be given further tasks to be able to improve within their occupation. A company wants progress and in order to do that it needs staff that work well as a team. Being a team player can be more challenging than it seems. Having a supervisor in which identifies it becomes an important portion of enterprise. Everyone needs to work together to have outstanding organization. It’s rarely a terrible idea to have training programs Executive Coach International to help you guard your company.

Interview Questions That You Need To Know

“Where do you see yourself in five years?” How do you answer this common interview question? The following is an excerpt from my book, Get That Job! The Quick and Complete Guide to a Winning Job Interview, available from Amazon.

What’s behind this interview question?

Why do interviewers ask you this? For one thing, they want to know whether the job aligns with your goals, and thus whether you’ll stick around. They may also be hoping you have some ambition. Ambitious people often make better employees. They’re more motivated, and they may work harder and smarter. They make a point of growing their abilities.

On the other hand, those who come in with their eye on a higher position and view the current role only as a stepping stone may be impatient and lack commitment to the tasks at hand.

So give an answer that combines a desire to grow, on the one hand, with realism, patience and commitment on the other.

Before the interview, see if you can find information about paths to advancement from within the position. If the only position you can advance to is that of the person you’re interviewing with, proceed with care! He probably won’t like the idea that you have your eye on his job, so just talk about growing and taking on more responsibility.

In most cases you won’t have much information, in which case it’s safest to start with a general answer followed by a question, like this:

“Over the next few years I see myself building my skills, taking on more responsibility and moving up, if it’s appropriate. Can you tell me about how others have advanced from this role?”

Although the question often includes the phrase “five years,” you don’t have to be that precise in your answer. More open-ended terms like “over the next several years” may be best.

Building a Network to Power a Job Hunt

We have all heard about the power of networks in the job hunt, but too many people still fall back on using online applying as their central job search method. However, internal referrals and inside validation of candidates still often act as the catalyst to eliminate or minimize the competition. To reach this status, a strong network is needed, and it does not mean that we all need to be extroverts. Here are some basic tips to help expand your network.

Ask members of your current network for referrals. The “friend-of-a-friend” connection is quite strong and can be very successful. “Who else should I be talking to?” is a good question to consider using when asking for referrals.

Ramp up your activities on social and professional networking sites. Add connections / friends. Make sure that your LinkedIn Profile is up-to-date and vibrant. Endorse skills of your connections and write sincere testimonials. Virtual connections can be further strengthened with face-to-face connections, when possible locally.

Join professional groups on LinkedIn. Then become active in participating in or starting discussions. Online networking is an excellent way to grow our networks beyond our geographic limitations.

Join professional associations with local chapter meetings. Then attend the meetings, get to know others, and look for opportunities to assist others. Reciprocation is natural and cooperation bonds people. Local affiliations often hold networking events. Take full advantage of such opportunities.

Volunteer. This is especially important for those in the social services field. Providing your time and effort to a needy cause is perhaps one of the strongest venues for networking because you are working side-by-side with people who share your passion for helping others.

Conduct informational interviews. This is an especially effective method for entry-level job seekers and career changers. As the name implies, this is an interview you set up with someone in your profession or industry who can provide you with an insider perspective. Not only do you gain insider information but you create a valuable contact. Keep it short and professional. Most people are happy to talk about their careers if it does not impinge too much upon their time.

As you grow your network, you will see that it snowballs in a very positive direction as long as you stay positive and professional.

Good Resume Tips

ocial Media: Social media has become more important than ever during a job search. While I have stated it before, let me repeat the five golden rules for social media use during a job search:

  • Delete from Facebook, Twitter, or any other site those pictures and posts that show your nonprofessional side, including any heated arguments you exchanged.
  • Do not use social media to trash your last employer or your fellow employees.
  • Make sure you have a professional profile on LinkedIn and other professional sites.
  • Do use social media and the company website to find out more about the company where you are applying or interviewing and to make sure your resume and cover letter speak to the company’s needs.
  • Remove any political content in your social media footprint. It has been a contentious time in politics. However, if you are looking for a job, expressing your opinion on social media, or complaining about the results can be perceived as a big negative. Remember half of the voting public in the United States likely disagrees with you.

Resume Content: Your resume may be two pages (or more) but the content in it must be concise and powerful. Hiring managers and recruiters—not to mention applicant tracking systems—do not appreciate long paragraphs about what you did and how you did it. They want to know results and achievements first, and they want to know them fast. Include numbers (revenue you brought in, size of team you led, efficiencies you contributed to) wherever possible. Numbers talk.

Soft Skills on Your Resume: Some of the most important soft skills involve teamwork and team leadership, the ability to motivate and mentor, and the ability to work across silos, countries and backgrounds. More and more companies are reaching out globally, working hard to keep strong teams onboard and discovering the benefits of inclusivity. The workforce has been becoming more mobile and eclectic with every passing year. You need the soft skills to fit in with that new normal.

Contact Information on Your Resume: Complete, correct contact information, including a professional email address, is more important than ever. Unfortunately, many candidates never receive an invitation to interview because their contact information is incomplete.

Job Search for People Helping People

Job search support groups used to be a staple of job seekers when looking for a new job. They’re still around, but maybe not as easy to find as they used to be. On the other hand, I’ve just learned about a different kind of group that isn’t only for job seekers but could serve as a valuable resource in your next job search.

Such groups have been referred to as “X helping X” groups. In a recent blog post by Nick Corcodillos of Ask The Headhunter (“Recruiting: How to get your hands dirty and hire“), an individual wrote a comment about these groups, which could include such designations as “lawyers helping lawyers” or “accountants helping accountants.” The idea is that members of these groups need help from others who understand the types of challenges they might be facing.

Here’s a quote from the Corcodillos blog (part of his response to the original comment):

“Employers get so stuck thinking about hiring the traditional way that it never occurs to them to make it personal. That means having managers stop and think about social, professional, and community settings where potential job candidates congregate. You’ve hit on a particularly interesting one, where you’re not only getting what you want, but helping the kinds of people who make great employees.”


Finding a group of individuals with a similar background to yours can give you a boost in several ways during your job search. For one thing, those people probably have a good idea of what you’ve been going through, both on the job and in your job search. That increases the odds that you’ll be able to tap into knowledge and experience directly relevant to your situation.

It’s not an unusual concept. If I talk to friends or relatives about what I do in my resume-writing/career coaching business, they might have a vague idea of what I do, but that’s it. They haven’t been “in the trenches” with me as I strive to make good decisions in challenging circumstances and help clients who are struggling with their job search.

On the other hand, when I network with colleagues–at an annual conference or one-on-one–they “get it.” They’re either in a similar situation or they’ve been in one in the past. Plus, I know that the colleagues I’ve come to know well over the years will give me good advice and candid opinions on what I’m doing or thinking about doing. That’s like gold!

Of course, you also want to make sure you’re prepared to participate in a group in a way that benefits others besides yourself. That’s critical.

Personal Information Should I Disclose When Interviewing

Debra WheatmanI have recently re-entered the job market, after being in my previous position for nearly ten years. One of the reasons that I stayed in that role for so long was that it offered enormous flexibility of schedule. I have a special needs child, and I really need the ability to work from home as needed to accommodate things like doctors’ appointments, therapy sessions, and meetings with school. Should I be up front with interviewers about my personal situation, and my need for flexibility?

Thanks for writing. The issue you describe is a fairly common one—people become accustomed to the perks of a certain position, and those non-monetary perks become perceived as non-negotiable for their next role. However, it is important to keep in mind that the interview is really not the time to talk about yourself. That’s right. You might think that you’re there to discuss your achievements and accomplishments, but you’re really not. You’re there to talk about a specific business problem and how you might be able to solve it.

I don’t think that you should bring up your home situation with an interviewer. Right or wrong, that is going to send the message that you are someone who has excessive commitments in your personal life, and that you may not be fully dedicated to your job. The interview needs to focus on what you can do for the employer, and how you can help with the current business need.

Question Marks Around Man Showing Confusion And UnsureWhat I do think you should do is to wait until the offer stage, and then negotiate a flexible work arrangement, like two days from home. You have a decade-long tenure at your previous company, and your references should be able to speak to the quality of your work, thus reassuring your prospective manager that you can get your work done regardless of your location. You needn’t mention your child at all. Many, many white collar employees and employers see telecommuting as a reasonable, inexpensive employee benefit.

How Do You Handle Stress and Pressure

In any job interview, you’re bound to be hit with one or more “behavioral” questions, the ones that ask you to describe your response to real or hypothetical work situations, and one of the more popular questions concerns your reaction to stressful situations in the workplace.

It’s a reasonable question. No job is immune from stress, whether you’re a retail clerk trying to cope with an irate customer, a programmer faced with an insane deadline or the head of Wells Fargo Bank facing a committee of hostile Senators. The stakes may vary, but performing well under pressure is something that all employers value.

As a result, your answer can make or break your interview performance.

What to Say

You can attack the question from several angles, opting for anything from a simple declaration to a more elaborate explanation. As long as you choose an approach that feels natural to you, you’re off to a good start.

For example:

    • I do some of my best work under pressure, and I relish the challenge.


    • I enjoy working on multiple projects at the same time, and the opportunity to do so has been a chance to really refine my organizational skills.


    • When faced with competing, high-pressure demands, I’ve learned to prioritize, and I’ve learned to call on supervisors, teammates and subordinates to sort the priorities and identify those that matter most to the organization.


    • Stressful times call for bringing out the best you have to offer, but it’s more than an individual test. It’s also a test of your ability to work well with everyone who’s trying to cope with those same pressures. It’s a test of your entire team, and that means that you need to pay attention to team functioning when the pressure isn’t necessarily at its peak. Waiting until the heat is on can lead to problems. Preparation matters.


  • I look on stressful situations as a challenge and an opportunity to grow. I learn new ways of coping all the time, and working under pressure has actually been great for my organizational skills.

As noted, though, those are only places to start. For best results, don’t stop when you’ve described some abstract skills that you’ve developed and deployed. Instead, make it concrete. Tell a story.

Think of an example that shows your highly stressed self in action. Perhaps you were under immense pressure because of a number of competing deadlines. You prioritized. Perhaps you enlisted your supervisor’s help to determine which projects needed to be first on the list. Perhaps you called in another team member who was working on a lower priority project for a temporary assist. Perhaps you rearranged things with some other piece of the project’s structure to accommodate the deadline that truly mattered.

If it helps, organize your story in terms of situation, action and result, the “SAR” approach. What was the situation? What actions did you take? What results did you achieve?

It’s not the details themselves that matter. It’s the fact that you back things up with details in the first place. That’s what makes your answer believable.

What to Avoid

There are a number of answers that just don’t work, and they’re all fairly obvious:

    • Don’t talk about a situation in which your actions themselves were the cause of the stress.


    • Don’t choose a situation in which the pressure got the better of you.


    • Don’t claim that you’re immune to stress. If you’re a human applicant, that’s not a believable answer, and it tends to indicate that you may not be paying much attention to what happens around you. Obliviousness and apathy are not desirable qualities in an interviewer’s eyes.


  • Don’t focus too much on your feelings. Talk about what you did, why you did it and how you succeeded.

Job Interview and How to Fix It

Securing a coveted interview with a potential employer means you have passed the first test to getting your foot in the door with a new organization. Congratulations! While being asked to interview is an achievement in itself, now is the time to prepare to wow the interviewer(s) with your knowledge of the business, relevant experience, and ability to meld with the company’s corporate culture. The following are some signs you are not prepared for the big job interview with tips on how to get ready to rock it instead.

Not Knowing About the Company

You are not prepared if you know nothing about the company, what type of work it does, the company culture, or any details of the position you have applied for. It will be glaringly obvious to your interviewer if you didn’t do your research ahead of time—and it will hurt your chances of being asked back.

How to Fix It

Do your homework ahead of time by researching the company. Visit the company website to learn about the company’s services or products, what it does best, and the clients they serve. Also visit the company’s LinkedIn and Facebook pages to get a better understanding of the company, any bleeding needs they have, and, most importantly, the company’s culture. You could even reach out to a couple of the company’s current employees to find out what they love most about working for the organization.

You Forgot Important Documents

If you did not bring your resume, cover letter, and references, you are not prepared and it will show. You should have several copies of these printed items with you on crisp, professional paper. When you get the call for an interview, be sure to ask how many people will be interviewing you so you know how many copies to take along. It also never hurts to have a couple of extra copies on hand.

How to Fix It

After you receive an invitation to interview, visit the company website and social media. Review the requirements of the position for which you are interviewing and adjust your cover letter and resume accordingly to demonstrate how well you will fit in and what you bring to the table. Be sure to run a spelling and grammar check. Print several copies two days before the interview on professional resume paper. This buys time to replace ink cartridges, correct glaring errors, and make necessary changes. You also don’t have to panic about printing these the morning of the interview if you have taken care of this in advance.

You Failed to Dress to Impress

You didn’t have proper interview attire, so you’re not dressed appropriately. This is a big problem. Recruiters report that candidates not dressing appropriately for the position is a major factor in their hiring decision. The old adage “Dress to impress” still holds true.

How to Fix It

Dress for the job you want. Invest in at least one great interview outfit. Keep your look conservative and professional. Buy a black, gray, or blue suit that makes you look sharp for corporate jobs. Don’t forget the tie, gentlemen. Also remember nice dress shoes that fit well and will be comfortable to wear. Try on your entire ensemble when you get home to make sure everything fits well and is comfortable far before the interview. This gives you time to make any necessary alterations and allows you to feel primed when the big day arrives.