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Ethics
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Retail Franchising – Don't Miss the Opportunity
When it comes to various franchising business opportunities, retail franchising business makes one of the most popular choices. These kinds of franchising, in fact, account for a large portion of overall franchise sales. There are several business sites as well as franchise directory listings that offer retail franchising opportunities.
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Buying a Franchise Business & Making the Right Choice
Buying a Franchise offers many benefits over starting a business on your own. The franchisees benefit from the training and ongoing support that they receive whilst trying to make their business successful. So how do you make the right choice when choosing a franchise?
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Business Ethics
There is much talk today about ethics in business - as there should be, but there should be more than talk; there should be a high moral code for all executives who are responsible to both their customers and their shareholders.
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Ethics? How To Take the Measure Business
When asked to write a small piece pertaining to ethics and integrity in the business world, my first inclination was to draw on personal experience. Everyone has bad experiences to relate. We deal...
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Financial Projections in Business Plans
One of the most difficult sections to write in a business plan is the proforma and financial sections. After all it is most difficult to what exact costs you will incur or what level of sales volumes are actually achievable. So often businesses are faced with excess government controls at all levels which take thousands of dollars in fees, additionally legal fees, delays and lawsuits often ensue and slow the project.
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What is a Ponzi Scheme?
Many businesses today are in the category of illegal Ponzi schemes, often without the knowledge of the proprietors themselves. This typically happens when someone sells a business opportunity instead of a product or service. Learn the lesson of Charles Ponzi, a great businessman without a real product to sell.
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Vice of Buggery at FTC
At the Federal Trade Commission we have seen attorneys who suffer from the vice of buggery get promoted to higher and more important international divisions. Now then, are these attorneys who have personal sexual problems and are breaking the laws of sodomy not wanted in the main group of Federal Trade Commission Employees?
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Diversity
There has been definite improvement in the area of hiring but it seems that once women and minorities are hired, there are informal, relatively unconscious systems in place that prevent advancement of the minority worker or women, even today.
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It's Not About Power & Politics; It's About Principle & Process ------- A Lesson in Leadership
Principle and process form the baseline of effective leadership. Power and politics are old school and have traditionally led to ultimate failure. We have experienced many unfortunate examples of this kind of failure recently, including Enron, Tyco and WorldCom. Behind each of these failures stands a towering figure: a CEO or business leader who may have embraced power and politics over principle and process. Most of the CEOs of these failed companies were considered great leaders at one time. That is scary.
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