Wednesday, December 26, 2012

International Journal of Stress Management

The International Journal of Stress Management is a methodical journal for experts treating personal and occupational stress. The journal comprises "peer-reviewed" first-rate original articles including reviews, theoretical, historical, and empirical articles, in addition to editorials and book reviews. Some areas of interest take in "stress and trauma assessment", "stress and trauma management", stress management, and treatment issues.

Released as a quarterly journal, it is also the official publication of the International Stress Management Association or ISMA. ISMA is a nonprofit organization committed to "working for a less stressful world". The organization seeks to press forward the education of students and professionals, as well as make possible methodological sound research within the wide field of "interdisciplinary stress management", which includes psychology, dentistry, medicine, physical therapy, education, occupational therapy, speech therapy, business and industry, and psychiatry.

The International Journal of Stress Management, issue 4 Volume 13 (November 2006), includes articles reflecting on different issues in stress management internationally and areas of stress, on top of four articles that centers specifically on stress in the "policing" profession. Some of the articles found in this issue include:

International Journal of Stress Management

Prominent Consequences of Role Stress: A Meta-Analytic Review
This journal article focuses on "role stress". The article examines well-know effects of role stress, specifically centered on researching dissimilarity in relationships between aspects of role stress, and regularly cited effects through the use of the meta-analysis techniques.

Emotional Disonnance, Burnout, and In-role Performance Among Nurses and Police Officers
The articles touch on two studies -101 police officers and 108 nurses tested the suggestion that "emotionally demanding" connections with recipients can result to emotional dissonance that may in turn, lead to impaired performance and job burnout. Additionally, the authors foresee that "emotional dissonance" would be unconstructively related to in-role performance in terms of its association with burnout.

Posttraumatic Stress Symptoms and Subclinical Cardiovascular Disease in Police Officers
The article centers on a present study that looks at the connections of "posttraumatic stress disorder symptoms" to "subclinical cardiovascular disease" in police officers. The study showed that higher PTSD symptoms in the police sample were linked to an almost double reduction in "brachial artery FMD" -a biomarker of "subclinical cardiovascular disease.

The International Journal of Stress Management targets professionals in the field of education, psychiatry, psychology, medicine, and others "researching stress and treating stress". The International Journal of Stress Management is distributed in hospitals, other health-related institutes, and hospitals. The rate for subscription to the journal is at for organizations and for individuals.

International Journal of Stress Management
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Milos Pesic is an expert in the field of Stress Management and runs a highly popular and comprehensive Stress Management [http://stress.need-to-know.net/] web site. For more articles and resources on Stress Management related topics, stress relief, stress tests, stress symptoms, stress reduction and much more visit his site at:

=>[http://stress.need-to-know.net/]

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Friday, December 21, 2012

How to Format Business and Personal Letters

In my opinion one of the most unprofessional things that one can do is to send a poorly formatted letter.

Doing such a thing is an instant credibility destroyer. Even if your letter is perfectly worded and devoid of grammatical and spelling errors; sending it out in a sloppy unprofessional format will always reflect badly on the sender.

That being said; are you aware that there is NO single international standard for formatting the three main groups of letters used in day-to-day life: business letters, business memos, and personal letters?

How to Format Business and Personal Letters

It turns out that, among the most sought-after info that visitors are looking for when they come to my Writing Help Central website is how-to properly format letters. In addition, I often receive e-mails from people asking such questions as:

What should I include in a signature block? Where do I place the signature block? How do I indicate attached documents? Where do I position the address block(s)? etc., etc...

As I stated above, there is NO ONE international standard for formatting letters.

If you spend some time searching through textbooks at your library or bookstore, or checking out some online info sources you will come across many different ideas about what a properly formatted letter should look like; some reasonable and some questionable. In fact, you will find so many different formatting suggestions that you won't know where to start.

I encountered this same multiple-choice conundrum a few years ago when I was conducting the research for my two general letter-writing toolkits: Instant Letter Writing Kit and Instant Business Letter Kit. So, what I did to sort things out was to review all of the reasonable letter layouts that I could find, and then I assessed them based on two main criteria: 1) most appealing overall appearance and, 2) most effective visual presentation impact.

What I arrived at in the end were three (3) distinct layout formats as follows:

1. Business letters - Full-block format

2. Business Memos - Full-block memo format

3. Personal letters - Semi-block (modified) format

Accordingly, these are the three standard formats that I have adopted and use in all of my Writing Help Toolkits. You can see a fully-formatted real-life example of each of these letter layouts at the following link: http://www.writinghelp-central.com/letter-formats.html

How to Format Business and Personal Letters
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Shaun Fawcett is Webmaster of two of the most visited writing-help websites on the Net. He is the author of numerous "how-to" books on everyday practical writing help. He also writes about how to create and publish books and ebooks. His main "writing tools" site is: http://writinghelptools.com

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Tuesday, December 18, 2012

The 4 Major Components of Business Growth & Profit-Building Success!

Your business can be broken down into 4 segments or component parts.

I call these as the 4 MAJOR COMPONENTS of a business.

Through extensive research and study of the most successful businesses worldwide, I have likewise determined that there are 4 common focal points found in a successful strategic plan for Business Growth and Profit-Building. These common focal points, or 4 MAJOR COMPONENTS, are interrelated and can be made to fit together like the pieces of a puzzle.

The 4 Major Components of Business Growth & Profit-Building Success!

When you clearly identify them in your own business, and then strategically harness their power to function cohesively, the 4 MAJOR COMPONENTS can produce EXPONENTIAL business growth. And that kind of business growth leads to an increase in bottom-line profits!

So what are these 4 MAJOR COMPONENTS to a successful strategic plan for business growth and profit-building?

Let' briefly explain what these 4 MAJOR COMPONENTS are, and what they have to do with developing a strategic plan to successfully grow your business and increase your profits.

The 4 MAJOR COMPONENTS

MAJOR COMPONENT 1 is your business' VISION, GOALS, & MISSION.

When you consider your business' VISION, GOALS, and MISSION, your chief aim is broken down into 2 parts. First, you must carefully analyze and clarify what direction your business is currently heading in right now. What is your VISION for your business? What are your personal goals and business objectives? And finally, what is your Mission for your business? Do you have these 3 clearly set out? You need to in order to start seeing real growth in your business.

Second, you must determine whether you need to change course to develop the business growth you want and the increase in profits you need. Having clarified your VISION, GOALS, and MISSION, you will then know in what direction you want to steer your business to generate the business growth and increased profits that you want.

As you work through and implement any business growth plans, keep referring back to MAJOR COMPONENT 1, your VISION, GOALS, & MISSION.

MAJOR COMPONENT 1 is the guiding direction for your business, just like a compass pointing to "True North".

MAJOR COMPONENT 2 of the business growth and profit-building process is your Business Operating Systems, Management, & Training.

I liken MAJOR COMPONENT 2 to the engine that drives a car. When you consider MAJOR COMPONENT 2 in your own business growth plans, you accomplish 4 things:

1. You undertake a review of your business' engine; that is, your staff and contractors. How can they play a positive role in growing your business and increasing your profits?

2. You consider your hiring practices. How they can impact your successful business growth at the front end..., when you hire others to join you.

3. You evaluate and design your management and training processes to support the business growth that you are striving for. And,

4. Most importantly, you strategically develop the specific operating systems that your business must have in place to effectively and efficiently run your business; whether you, the business owner, are there on the job, or not.

Are you driving a sputtering jalopy or a precisely tuned race car? MAJOR COMPONENT 2 answers that question.

Once you've got MAJOR COMPONENT 2, your business systems, running smoothly, it's time to start filling up the tank.

MAJOR COMPONENT 3 of your business growth plan is Strategic Marketing, Lead Generation, & Lead Conversion systems.

When you consider MAJOR COMPONENT 3 in your business growth plans, you must analyze your systems for servicing your current customers and clients, for identifying and obtaining more of your Ideal customers and clients, for marketing to your unique target market, and for converting more prospects to bring in more sales and increase your bottom-line profits.

Finally, a successful business growth and profit-building strategic plan must never leave out the all-important topic of MONEY.

MAJOR COMPONENT 4 of your business growth plan takes a hard look at Financial Position, Cash Flow, & Reporting.

In MAJOR COMPONENT 4, your primary focus is to review the systems that you have in place to know where you're at financially, to handle your money, to control it, and to keep it coming in. What changes do you need to make in your financial operating systems to ramp up your business growth? Where is your money? How is it being spent? Do you have operating systems that you have designed and put in place to control expenses and costs? Is your money coming in consistently? What Cash Flow "production" strategies are unique to your business? Are there any other "production" strategies that you can implement immediately? Are there any other ways that your business can "manufacture" additional Cash Flow?

Well, there you have them.

Those are the 4 MAJOR COMPONENTS of a successful strategic plan to grow your business and increase your profits.

First comes knowledge. You have it.

Now, must come action!

So it's time for you to take action.

ACTION STEPS:

Follow these 4 steps and get your business growth plans roaring like the powerful sound of a race car crossing the finish line in first place!

1. Write out on a sheet of paper each of the 4 MAJOR COMPONENTS of your business as outlined above.

2. Analyze each MAJOR COMPONENT in comparison to your present business operations.

3. List the focal points lacking in your business compared to each MAJOR COMPONENT.

4. Come up with just 1 action that you can take to improve in each of the 4 MAJOR COMPONENTS.

If you've completed the 4 action steps, then you've got some momentum going. Constantly focus on the 4 MAJOR COMPONENTS of your business. Keep working on improving in these 4 MAJOR COMPONENTS.

Because if you do, you'll be developing a successful and proven plan not only to grow your business, but to increase your profits as well!

This article is an excerpt taken from the MasterMind Business Growth System, as written by noted Business Growth Expert and Attorney, Miguel Mendez, Jr., Esq.

Copyright 2008. Miguel Mendez, Jr. All rights reserved.

The 4 Major Components of Business Growth & Profit-Building Success!
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The author of this article, Miguel Mendez, Jr., is the Owner of MasterMind Group International. He is an Attorney, Business Growth Expert, and Speaker. Miguel Mendez has represented and performed consulting services for start-up and fast-growing businesses for over 22 years. For more FREE Business Growth ideas, and to learn how to jump-start your business growth in just 5 days, visit [http://www.mastermindgroupinternational.com]

And for that SPECIAL BREED of Business Owner, Entrepreneur, Manager, and Professional seeking EXPONENTIAL Business Growth. The MasterMind Business Growth System is for you!

A 310 page downloadable, interactive workbook. Comes with an attractive binder system broken down into the 4 MAJOR COMPONENTS. 102 checklists, 37 lists and tables 74 fill-in-the-blank charts and worksheets, and 58 of the most crucial forms you can download to easily design and implement your unique, and custom-tailored business growth plan. 8 CDs of audio training included extra! 3 Special Bonuses! And all without breaking the bank!

Check it out by clicking here [http://www.mastermindgroupinternational.com/BGSystem.html] .

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Saturday, December 15, 2012

Global Business - Licensing and Franchising

Another approach to international business is licensing. Important point, license agreements entitle one company to produce or market another company's product or to utilize its technology in return for a royalty or fee. Sounds good with our company. Here's an example - a U.S. business might obtain the rights to manufacture and sell a Scandinavian skin lotion in the United States, using the Scandinavian formula and packaging design. The U.S. company would be responsible for promoting and distributing the product, and it would pay the Scandinavian company a percentage of its income from sales in exchange for the products rights.

Licensing deals can also work the other way, with the U.S. company acting as the licenser and the overseas company as the licensee. Another important point, the U.S. firm would avoid the shipping costs, trade barriers, and uncertainties associated with trying to enter other markets, but it would still receive a portion of the revenue from overseas sales. Moreover, licensing agreements are not restricted to international business. A company can also license its products or technology to other companies in its domestic market.

Just going to expand a little on franchising. This technique is getting expensive everyday. Franchising is another was to expand into foreign markets. With a franchise agreement, the franchisee obtains the rights to duplicate a specific product or service (ex. restaurant, photocopy shop, or a video rental store). And the company selling the franchise obtains a royalty fee in exchange. Holiday Inn WorldWide has used this approach to reach customers in over 60 countries. The point is that by franchising the operation, a company can minimize the costs and risks of global expansion and bypass certain trade restrictions.

Global Business - Licensing and Franchising
Global Business - Licensing and Franchising
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Friday, December 7, 2012

How to Start and Run a Hotel Business Successfully

If you are thinking to start to start your own hotel business, it is better to plan your business priorities first. It will help you to know what exactly you need in order to achieve your business objective. Every business needs a robust business plan before it gets started whether its matter of raising funds or to run the business. Here are few steps to enable you to start your hotel business successfully.

Raising Funds
Every business needs money to be invested in it to function properly and when you are starting a new hotel, money is the critical element of your planning. Whether you are planning to buy an established hotel or constructing your own from the scratch, you need strong financial planning for it. The best source to raise funds is taking a business loan from a bank. You can approach to any bank of your choice but before that keep your business plan ready. Nearly all banks need a business plan as an integral part of your loan application

Location of Hotel
A right location matters a lot for your hotel to get success. For example if your hotel is located in an area where competitors are unable to fulfill the requirements of travelers your hotel can touch the heights of success and if your hotel is located on a walking distance from the main tourist attraction but there is lot of competition your hotel might not get enough guests. If you hotel is located near to airport or railway station or bus stand, you will get many guest without doing any thing. You also have to think that shopping places and entertainment places are easily accessible from hotel.

How to Start and Run a Hotel Business Successfully

Strategy
Business strategy is the foundation of successful hotel business. Your strategy should be very clear in concept without any confusion. It is better to plan your business strategies in advance. Just ask few questions to yourself like "How you will fulfill the requirements of families, kids, honeymoon couples, business travelers and international tourists." And "What kind of services you will offer to your guest." A good strategy is always a key to success in any business.

Hospitality Experience
If you are new to this industry you might face lots challenges to gain success. You must know "How you want your guests to be treated in your hotel". Every guest in your hotel needs highest level of attention and service whether it's a family or business traveler. It is better to first get a job in a hotel, learn some basics of hospitality industry and then start your own hotel.

Marketing
Once your hotel is up and running, you need customers. If you will not get enough guests in your hotel your business will fail. To attract guest you must run effective marketing campaign and you must advertise your hotel. You must contact travel agents and franchise to get bookings in your hotel. There are many online hotel booking websites, you must register with them. Your hotel must have an effective website of its own with online hotel booking facility so that your customers can make direct booking with you and you don't have to pay commission to travel agent. You can pass this saving to your guest by lowering down your tariff or by providing then additional services.

How to Start and Run a Hotel Business Successfully
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I am a traveler from India, I like to explore every part of my great country. I am also writing on hotel, cheap hotels, budget hotel, hotel booking and Online Hotel Booking.

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Sunday, December 2, 2012

Nonverbal Communication in Business

There are five key elements that can make or break your attempt at successful nonverbal communication in business:

Eye contact Gestures Movement Posture, and Written communication

Let's examine each nonverbal element in turn to see how we can maximise your potential to communicate effectively...

Nonverbal Communication in Business

Eye contact

Good eye contact helps your audience develop trust in you, thereby helping you and your message appear credible. Poor eye contact does exactly the opposite.

So what IS 'good' eye contact?

People rely on visual clues to help them decide on whether to attend to a message or not. If they find that someone isn't 'looking' at them when they are being spoken to, they feel uneasy.

So it is a wise business communicator that makes a point of attempting to engage every member of the audience by looking at them.

Now, this is of course easy if the audience is just a handful of people, but in an auditorium it can be a much harder task. So balance your time between these three areas:

slowly scanning the entire audience, focusing on particular areas of your audience (perhaps looking at the wall between two heads if you are still intimidated by public speaking), and looking at individual members of the audience for about five seconds per person.

Looking at individual members of a large group can be 'tricky' to get right at first.

Equally, it can be a fine balancing act if your audience comprises of just one or two members -- spend too much time looking them in the eyes and they will feel intimidated, stared at, 'hunted down'.

So here's a useful tip: break your eye-to-eye contact down to four or five second chunks.

That is, look at the other person in blocks that last four to five seconds, then look away. That way they won't feel intimidated.

Practice this timing yourself, away from others. Just look at a spot on the wall, count to five, then look away. With practice you will be able to develop a 'feel' for how long you have been looking into your audience member's eyes and intuitively know when to look away and focus on another person or object.

When focusing on individual members in a large meeting or auditorium, try and geographically spread your attention throughout the room. That is, don't just focus your personal gaze (as distinct from when you are scanning the room or looking at sections of the room) on selected individuals from just one part of the room. Unless you are specifically looking to interact with a particular person at that moment of your presentation, select your individual eye-contact audience members from the whole room.

Gestures

Most of us, when talking with our friends, use our hands and face to help us describe an event or object - powerful nonverbal aids.

We wave our arms about, turn our hands this way and that, roll our eyes, raise our eyebrows, and smile or frown.

Yet many of us also, when presenting to others in a more formal setting, 'clam up'.

Our audience of friends is no different from our business audience — they all rely on our face and hands (and sometimes legs, feet and other parts of us!) to 'see' the bigger, fuller picture.

It is totally understandable that our nervousness can cause us to 'freeze up', but is is in our and our communication's best interests if we manage that nervousness, manage our fear of public speaking, and use our body to help emphasise our point.

I found that by joining a local Toastmasters International club I was rapidly able to learn how to 'free up my body' when presenting to others.

Movement

Ever watch great presenters in action — men and women who are alone on the stage yet make us laugh, cry and be swept along by their words and enthusiasm?

Watch them carefully and you'll note that they don't stand rigidly in one spot. No, they bounce and run and stroll and glide all around the stage.

Why do they do that?

Because they know that we human beings, men in particular, are drawn to movement.

As part of man's genetic heritage we are programmed to pay attention to movement. We instantly notice it, whether we want to or not, assessing the movement for any hint of a threat to us.

This, of course, helps explain why many men are drawn to the TV and seem transfixed by it. It also helps explain why men in particular are almost 'glued' to the TV when there is any sport on. All that movement!

But to get back to the stage and you on it... ensure that any movement you make is meaningful and not just nervous fidgetting, like rocking back and forth on your heels or moving two steps forward and back, or side to side.

This is 'nervous movement' and your nervousness will transmit itself to your audience, significantly diluting the potency of your communication and message.

So move about the stage when you can — not just to keep the men in the audience happy, but to help emphasise your message!

Posture

There are two kinds of 'posture' and it is the wise communicator that manages and utilizes both.

Posture 1

The first type of 'posture' is the one we think of intuitively-the straight back versues the slumped shoulders; the feet-apart confident stance verses the feet together, hand-wringing of the nervous; the head up and smiling versus the head down and frowing.

And every one of the positions we place the various elements of our body in tells a story—a powerful, nonverbal story.

For example, stand upright, shoulders straight, head up and eyes facing the front. Wear a big smile. Notice how you 'feel' emotionally.

Now-slump your shoulders, look at the floor and slightly shuffle your feet. Again, take a not of your emotional state.

Notice the difference?

Your audience surely will, and react to you and your message accordingly.

A strong, upright, positive body posture not only helps you breath easier (good for helping to calm nerves!) but also transmits a message of authority, confidence, trust and power.

If you find yourself challenged to maintain such a posture, practice in front of a mirror, or better yet join a speaking club like Toastmasters International [http://www.toastmastersa.org/champion/index.html].

Posture 2

The second type of 'posture' comes from your internal mental and emotional states.

You can have great body posture but without internal mental and emotional posture your words will sound hollow to your audience.

For example, the used car salesman at 'Dodgy Brothers Motors' might have great body posture and greet you with a firm handshake, a steady gaze and a friendly smile. But if in his heart he is seeing you as just another sucker then sooner or later his internal conflict between what he says and what he really thinks will cause him to 'trip up'.

His body will start betraying his real, underlying intentions and you'll start to feel uncomfortable around him, even if you can't figure out why.

But, if that same used car salesman had a genuine desire to help you find the right car for you, and he puts your needs before his own, then his words and actions will remain congruent (in harmony) with his underlying intentions and you will trust him, even though you might not be able to identify why.

I have seen some supposed 'self help' gurus who don't actually practice what they preach. Consequently their words ring hollow to me and their books, cds, dvds and training materials remain unpurchased.

I have met salesmen and women who don't actually make the money they claim to make in their 'fabulous business opportunity', and while their words are practiced and polished, and their body posture is 'perfect', their words ooze like honeyed poison frm their lips and I remain unconvinced.

This second type of 'posture' is fundamentally tied to truth and honesty. It is about 'walking the talk' and being who you say you are.

It's about not trying to sell something you don't believe in or use yourself. It's about not trying to pass yourself off as an expert when all you've ever done is read a book on the subject.

It's all about making sure that your words and your intentions are underpinned by truth and honesty. Because all of us, no matter how polished a presenter we might be, are at the mercy of our body and its ability to 'tell the truth' in spite of what our lips might utter. Nonverbal clues rule!

Written communication

I could spend a lifetime writing about the art of written communication.

There is an art (and also a science) that can be learnt with diligence and practice. To write too formally; to write too informally; to write too briefly; to write too lengthily...

My first suggestion would be to avail yourself of one of the following three books, each of which is absolutely brilliant at giving you the skills and insights into effective business writing:

The Business Style Handbook: An A-to-Z Guide for Writing on the Job with Tips from Communications Experts at the Fortune 500 by Helen Cunningham and Brenda Greene The Elements of Business Writing: A Guide to Writing Clear, Concise Letters, Memos, Reports, Proposals, and Other Business Documents by Gary Blake and Robert W. Bly Effective Business Writing: Strategies, Suggestions and Examples by Maryann V. Piotrowski

From persuasive memos to complaint letters, sales letters to executive summaries -- these exceedingly useful guides help you to write clearly and in an appropriate format, style and tone. Each book has numerous examples that show how to overcome writer's block, organize messages for maximum impact, achieve an easy-to-read style, find an efficient writing system and much more.

In conclusion...

There are five key elements that can make or break your attempt at successful nonverbal business communication:

Eye contact
Gestures
Movement
Posture, and
Written communication

Nonverbal communication in a business setting requires not only recognition of these elements, but confidence in meeting their challenges.

Good luck and remember to communicate with passion!

Nonverbal Communication in Business
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When you match consumer psychology with effective communication styles you get a powerful combination. Lee Hopkins can show you how to communicate better for better business results. At Hopkins-Business-Communication-Training.com you can find the secrets to communication success.

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Friday, November 30, 2012

Trademark International Class - Class 35 - Advertising and Business Services

All goods or services are categorized within International Classes (IC hereafter). Goods run from classes IC 1-34, while Services are in IC 35-45. Let's take a closer look at one of these trademark classes - class 35.

What is International Class 35 All About?

Each class has a short title heading that gives a snapshot of what that class is all about -- IC 35's short title is advertising and business services. Pretty vague, eh?

Trademark International Class - Class 35 - Advertising and Business Services

The first part of IC 35's description, advertising, is straightforward. If it's advertising, marketing or promoting services that are being offered, then this is the class. Now there are going to be some exceptions, as with anything related to trademarks.

Tangible advertising goods, such as signs, flyers, brochures, are NOT going to be in IC 35 as those items are not technically a service though are definitely part of a service; tangible paper-based advertising goods are in IC 16. Training, coaching, educating, etc. about advertising, marketing or promotion is NOT going to be in IC 35 but rather in IC 41, which is the educational class.

The second part of international class 35's description, business services, is not straightforward at all. Semantically, all services could be considered as business services, yes? No way says the trademark powers that be; at least no way if those services can fit within a different international classification.

The USPTO has about 1500 accepted descriptions that fit into IC 35; check them out here.

So What Business Services are in International Class 35?

Ooh this is a tough nut to crack as there are definitely some discernible patterns within this class but there's a whole lot of slap-dash in here too. Here's a general breakdown:

o If your services consist, in part, of the word business, you're likely in trademark class 35. This includes consulting, advising, administration, management, development, information, organization, research, planning, etc.

o Employment services are in this class, which includes hiring, recruiting, placement, staffing and career networking.

o Retail services selling ANY products under the sun, which means a brick and mortar store, online retail sites, mail order, catalog, wholesale, etc.

Trademark International Class - Class 35 - Advertising and Business Services
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Shannon Moore is the General Manager for TradeMark Express. Since 1992, TradeMark Express has met the needs of their clients with comprehensive research, application preparation, attorney referrals and trademark consultation. For further details, please visit us on the web at TradeMark Express or call Shannon directly at 800.340.2010.

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Monday, November 26, 2012

How Are You Handling The Five Biggest Challenges Facing Managers and Business Owners Today?

There are ten fundamental premises that will determine your overall management success. Before we get to the five biggest challenges facing managers I thought I would give you the ten since thet are closely related.

1. When you have an issue, problem, failure, dysfunction or whatever - any -
where in the organization - look up the ladder for the cause and down the ladder
for the solution.

2. Everything that happens in an organization is the direct or indirect result of
that organization's culture, philosophy and core beliefs.

How Are You Handling The Five Biggest Challenges Facing Managers and Business Owners Today?

3.You get the behavior you reward.

4. Effective management is not about the latest fad or philosophy. It is about a
fundament trust and respect for people and treating them accordingly.

5. Growing a business is not hard and it should be fun for everyone.

6. Integrity and ethics must be the foundation for all of your decisions and
actions.

7. If you want effective and productive employees you must see employee
development as an investment and not a cost

8. What employees want to be motivated and performance driven
is appreciation, recognition, validation and to feel important and to feel like they
belong.

9. The job of management is not to motivate employees but to create a positive
motivational climate where employees take responsibility for their own motivation
and performance.

10. You are responsible to your employees and not for them.

Here are the five biggest challenges today. They are;

·Corporate culture. Corporate, organization and department culture all flows from the top down. The written and unwritten rules, policies and philosophy of a manager or the organization all eventually find their way into the attitudes and performance of almost everyone in the organization. One of the critical things to remember when dealing with people is: you get the behavior you reward. If the culture directly or indirectly rewards a certain type of attitude or behavior, you are, by your actions or inactions, probably reaffirming that these are acceptable. If you want to change behavior, you must first evaluate the culture that is in place that may be rewarding the type of behavior you are getting but don't necessarily want.

·Communication style. Rumors, hearsay, memos, emails, meetings, individual counseling sessions and bulletin boards all have one thing in common - they communicate information - some more effectively and timely than others. If communication in an organization is all top-down, you can be assured that you are not in touch with the realities of your organization, the marketplace, your customers or suppliers.

·Organization direction. One of the biggest challenges managers face today is effectively communicating corporate direction with clarity and consistency to all employees who have a right and need to know. Most organizations do a poor job of this at best. One way to find out what your people believe is to conduct an anonymous survey of attitudes, perceptions and opinions.

·Decision making. Many managers make decisions that other employees will either have to implement or that will affect them. If these decisions are made without bottom-up feedback, you can guarantee that the outcome of the decisions will be less than desired or expected.

·Feedback mechanisms. Employees want to know how they are doing - whether poorly or well. Failure to give them the feedback they need is to keep them in the dark regarding the assessment of their performance and how and where they need to improve.

Are management roles changing?

There are a number of conditions that are impacting the roles of managers today. A few of them are;

- Greater cultural diversity.
- Several very distinctive employee age groups.
- Increased impact and use of technology.
- A growing international market place.
- Ethical standards that are unclear or inconsistent.
- Greater stress levels among all employees.
- Corporate direction and strategy is under fire by consumers.
- The desire of employees for greater independence and autonomy.
- Increased consumer choices for products and services.
- Fewer specifically skilled employees.
- Relentless and accelerating change.

There's more, but I don't want to be responsible for ruining your day.

With all these factors, again I ask you, are the roles of managers, supervisors, executives and business owners changing today? You betcha. Here are just a few that I have observed during the past few years coaching and consulting with many of my clients in a variety of industries worldwide.

1. Many managers are responsible for increasing numbers of remote employees.

2. Some managers are finding that they are spending more time 'doing' rather than 'managing'.

3. Some managers are spending increased time coaching employees on personal issues.

4. All mangers are faced sooner or later with position openings that they can't fill.

5. Mangers in general have less time for their own personal development.

6. Most managers are having to learn to deal with a variety of different employees culturally, gender wise and age wise.

7. Managers in general are spending more time communicating via email than in person or by telephone.

Again, there are many more I could have included, but the essence is, that if you are still using management techniques and behaviors that you used more than five years ago I guarantee you are going to be less effective as a leader, coach and manager in today's changing world.

The fundamental roles, attitudes or responsibilities of managers have not changed and a few of them are;

1. The need to trust your employees and your employees to trust you.

2. The need to respect their uniqueness.

3. The need to communicate openly and honestly.

4. The need to give them recognition and appreciation that is deserved.

5. The need to have a clear future career path available to them.

6. The need to compensate them fairly.

If you will do just these six consistently you will go a long way in successfully addressing many of the above listed factors.

How Are You Handling The Five Biggest Challenges Facing Managers and Business Owners Today?
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Tim Connor, CSP is an internationally renowned sales, relationship, management and leadership speaker, trainer and best selling author. Since 1981 he has given over 3500 presentations in 21 countries on a variety of sales, management and relationship topics. He is the best selling author of over 60 books including; He can be reached at tim@timconnor.com, 704-895-1230 or visit his website at http://www.timconnor.com

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Thursday, November 22, 2012

Importance of Technology in Business

Technology plays a vital role in business. Over the years businesses have become dependent on technology so much so that if we were to take away that technology virtually all business operations around the globe would come to a grinding halt. Almost all businesses and industries around the world are using computers ranging from the most basic to the most complex of operations.

Technology played a key role in the growth of commerce and trade around the world. It is true that we have been doing business since time immemorial, long before there were computers; starting from the simple concept of barter trade when the concept of a currency was not yet introduced but trade and commerce was still slow up until the point when the computer revolution changed everything. Almost all businesses are dependent on technology on all levels from research and development, production and all the way to delivery. Small to large scale enterprises depend on computers to help them with their business needs ranging from Point of Sales systems, information management systems capable of handling all kinds of information such as employee profile, client profile, accounting and tracking, automation systems for use in large scale production of commodities, package sorting, assembly lines, all the way to marketing and communications. It doesn't end there, all these commodities also need to be transported by sea, land, and air. Just to transport your commodities by land already requires the use of multiple systems to allow for fast, efficient and safe transportation of commodities.

Without this technology the idea of globalization wouldn't have become a reality. Now all enterprises have the potential to go international through the use of the internet. If your business has a website, that marketing tool will allow your business to reach clients across thousands of miles with just a click of a button. This would not be possible without the internet. Technology allowed businesses to grow and expand in ways never thought possible.

Importance of Technology in Business

The role that technology plays for the business sector cannot be taken for granted. If we were to take away that technology trade and commerce around the world will come to a standstill and the global economy would collapse. It is nearly impossible for one to conduct business without the aid of technology in one form or another. Almost every aspect of business is heavily influenced by technology. Technology has become very important that it has become a huge industry itself from computer hardware manufacturing, to software design and development, and robotics. Technology has become a billion dollar industry for a number of individuals.

The next time you browse a website to purchase or swipe a credit card to pay for something you just bought, try to imagine how that particular purchase would have happened if it were to take place without the aid of modern technology. That could prove to be a bit difficult to imagine. Without all the technology that we are enjoying now it would be like living in the 60's again. No computers, no cellular phones, no internet. That is how important technology is in business.

Importance of Technology in Business
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Neoko Cortwell is a freelance writer and web designer. If you want to start your own creative journey to becoming a freelance designer yourself, see these video tutorials.

Visit her website if you'd like to know more.

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Monday, November 19, 2012

International Business Risks Or Risks of Doing Business Overseas

Anytime businesses decide to operate or expand internationally, they face certain and specific risks. These international business risks can be determined by a number of different factors including country history, cultural values, mores, geographical traits and of course legal precedents of chosen international location. The company or firm must consider all of these factors before making a solid and final decision to move abroad. The firm must always keep in mind their competitive advantage at home and compare that standing prior to entering the international business realm. They must keep in mind that risks are always relative to the size and stability of the firm's competitive advantage.

Basically, there are six primary international business risks which are most often faced by firms considering entering the international business realm. Again, they are always tied closely to the firm's competitive advantage. A firm's competitive advantage is broken by "type", "scope", "transferability", and finally "translate-ability". All of these factors break into degrees of low risk to high risk and must always be considered in the plan.

When doing this risk analysis, S.L.E.P.T. comes in very handy. SLEPT stands for Social, Legal, Economic, Political, and Technological. In this case, the firm would have to look at the inherent risks in the firm being a wholly owned operation, a joint venture, a franchise, licensing issues, and export ability. On the other side of the coin, they would also need to look at marker risks, ownership risks, intellectual property risks, currency risks, and finally political risks.

International Business Risks Or Risks of Doing Business Overseas

I've decided to break this international business risks post into separate posts in a series to make it easier to follow and to make it more concise and to the point. You can click on my author link and find the rest of the posts in the series which will include all factors discussed in greater detail. They will include everything from political risks of corruption, unstable institutions, and red-tape. I will also be looking at currency risks, intellectual property risks, ownership risks, and finally market risks and all that they involve.

In the end it should be understood that these risks are not the only risks that a firm may face when considering, expanding, and beginning to do business internationally. There are certainly other risks that absolutely must be analyzed by the firm. The firm must be extremely thorough in doing their due diligence analysis before entering any country with the intent of establishing themselves there. Before making any major and "life-altering" decisions, the company must understand the amount of risk that is currently and already present there, and most importantly, how much of that inherent risk is the firm willing to take upon it and assume.

In closing I would like to simply state possibly the obvious but some that needs to be stated and restated many times so that it's importance really sinks in. And that simply that deciding to enter a country is always a very, very serious decision that can and will make or break a firm and so it's imperative that the decision makers do not skimp on the analysis involved. Due diligence is of utmost importance here.

International Business Risks Or Risks of Doing Business Overseas
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Vitaliy Dadalyan operates http://WestminsterCollegeBlog.com an interactive portal designed with the professional business person in mind. It's intended to be a free, unifying resource for students and everyone else serious about expanding their business knowledge base. Visitors are welcome to post, comment, and generally contribute to the site which is run by a student of Westminster College in Salt Lake City, Utah.

Visit Westminster College Blog it's free, it's useful, and you'll likely learn something new.

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