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    Hiring the Right Bartenders When Starting a Bar
    Hiring the right bartender makes a huge difference in operating a successful and profitable bar. A bartender who is fast, efficient, outgoing, able to up sell and suggest higher priced options and keep customers entertained will make for a very successful bar operation. The opposite is obviously true for a bartender lacking these skills.As a new bar owner, you probably don’t want to spend the time and energy training a brand new bartender- you will be better off finding one who already has the skills. Even better, find a bartender who already has a ded
    lop your powers of rearrangement.

    View each problem as mutually exclusive. Many times we complicate situations before we solve them. Take apart each situation and you will discover several smaller issues that can readily be rectified. Each small issue you resolve will have implications. Sometimes these will take you in a slightly different direction than you expected. See if you can still get to the desired end result even though you are heading down a new path.

    Start at the end result and work backwards. Too often people get caught up in solving a problem in a particular fashion. Identify the desired end result first then t

    How To Hire A Business Coach
    A great Business Coach can help a business owner or manager make significant advances in their business in a relatively short period of time. However, not every Business Coach is right for your business or organisation. This article will highlight a few key questions that you should ask your prospective coach before your hire them!A Coach Is A Coach Is A Coach…Not all coaches are created equally. The first and most obvious assessment of a Business Coach should be a close examination of their coaching credentials. While there are many great busines
    People often ask me if I think they have what it takes to be an entrepreneur. There is no “one size fits all” quality. Entrepreneurs each have strengths in different areas. Some of them are amazing operators who make remarkable things happen on a limited budget. Others are geniuses in their area of expertise and they transform their entire industry. Still others have a knack for finding a hole in an existing market and successfully exploiting it to turn a profit.

    Some of the most successful entrepreneurs I have seen are re-arrangers. They take existing solutions (sometimes from other industries) and they apply them in new ways/scenarios to create value.

    If I were forced to pick one quality that is indicative of success in business it would be this ability to find new uses for existing solutions. Far too many people believe that you need to have the next big idea in order to start your own business. That is not true. It is equally effective to apply an old idea to the next big problem. Here is an example:

    As part of one of my previous jobs I ran an apartment cleaning business. We cleaned over 1000 apartments in New York City. As part of a larger company, we had specific standards we were required to follow (in order to maintain brand integrity). One of these standards was that our apartments would not only be clean, they would be “hospital clean”. This required us to use cleaning products that were specifically developed for us. Theses products cleaned well and killed germs better than any other chemicals on the market. The challenge for our operations team was that our apartments were in many different buildings scattered all over the five boroughs of New York. The cleaning staff was required to travel (via public transportation) from location to location. How could they transport their tools and cleaning supplies from place to place?

    The answer came from a trip to the airport. Roller-boards (suitcases on wheels) had been used by business travelers for years. We purchased a few pieces of luggage and adapted them to our challenge. Within eight weeks we had refined this idea to the point where the cleaning staff could carry the supplies they needed in a rolling bag the size of a large briefcase. This “lightening bolt” struck when one of our operations managers was taking a relative to the airport. Everyone was pulling their own bags – even children. These bags would have been too heavy for them to carry on their own if they didn’t have wheels. He thought to himself, “that’s what we need”.

    Sharpening this skill takes practice. Here are three ways to begin to develop your powers of rearrangement.

    View each problem as mutually exclusive. Many times we complicate situations before we solve them. Take apart each situation and you will discover several smaller issues that can readily be rectified. Each small issue you resolve will have implications. Sometimes these will take you in a slightly different direction than you expected. See if you can still get to the desired end result even though you are heading down a new path.

    Start at the end result and work backwards. Too often people get caught up in solving a problem in a particular fashion. Identify the desired end result first then th

    Nevada Incorporation - Advantages of Forming a Corporation in Nevada
    Nevada Incorporation Tax Advantages - Deductible Employee BenefitsIncorporating in Nevada usually provides tax-deductible benefits for you and your employees. Even if you are the only shareholder and employee of your business, benefits such as health insurance, life insurance, travel and entertainment expenses may now be deductible. Best of all, Nevada incorporation usually provide an increased tax shelter for qualified pension plans or retirement plans (e.g. 401K's).Easier Access to Capital FundingIt's easy to raise capital for a corporati
    te value.

    If I were forced to pick one quality that is indicative of success in business it would be this ability to find new uses for existing solutions. Far too many people believe that you need to have the next big idea in order to start your own business. That is not true. It is equally effective to apply an old idea to the next big problem. Here is an example:

    As part of one of my previous jobs I ran an apartment cleaning business. We cleaned over 1000 apartments in New York City. As part of a larger company, we had specific standards we were required to follow (in order to maintain brand integrity). One of these standards was that our apartments would not only be clean, they would be “hospital clean”. This required us to use cleaning products that were specifically developed for us. Theses products cleaned well and killed germs better than any other chemicals on the market. The challenge for our operations team was that our apartments were in many different buildings scattered all over the five boroughs of New York. The cleaning staff was required to travel (via public transportation) from location to location. How could they transport their tools and cleaning supplies from place to place?

    The answer came from a trip to the airport. Roller-boards (suitcases on wheels) had been used by business travelers for years. We purchased a few pieces of luggage and adapted them to our challenge. Within eight weeks we had refined this idea to the point where the cleaning staff could carry the supplies they needed in a rolling bag the size of a large briefcase. This “lightening bolt” struck when one of our operations managers was taking a relative to the airport. Everyone was pulling their own bags – even children. These bags would have been too heavy for them to carry on their own if they didn’t have wheels. He thought to himself, “that’s what we need”.

    Sharpening this skill takes practice. Here are three ways to begin to develop your powers of rearrangement.

    View each problem as mutually exclusive. Many times we complicate situations before we solve them. Take apart each situation and you will discover several smaller issues that can readily be rectified. Each small issue you resolve will have implications. Sometimes these will take you in a slightly different direction than you expected. See if you can still get to the desired end result even though you are heading down a new path.

    Start at the end result and work backwards. Too often people get caught up in solving a problem in a particular fashion. Identify the desired end result first then t

    Selling Your Technology Company - Why Earn Outs Make Sense Today
    Sellers have historically viewed earn outs with suspicion as a way for buyers to get control of their companies cheaply. Earn outs are a variable pricing mechanism designed to tie final sale price to future performance of the acquired entity and are tied to measurable economic milestones such as revenues, gross profit, net income and EBITDA. An intelligently structured earn out not only can facilitate the closing of a deal, but can be a win for both buyer and seller. Below are ten reasons earn outs should be considered as part of your selling transaction str
    ur apartments would not only be clean, they would be “hospital clean”. This required us to use cleaning products that were specifically developed for us. Theses products cleaned well and killed germs better than any other chemicals on the market. The challenge for our operations team was that our apartments were in many different buildings scattered all over the five boroughs of New York. The cleaning staff was required to travel (via public transportation) from location to location. How could they transport their tools and cleaning supplies from place to place?

    The answer came from a trip to the airport. Roller-boards (suitcases on wheels) had been used by business travelers for years. We purchased a few pieces of luggage and adapted them to our challenge. Within eight weeks we had refined this idea to the point where the cleaning staff could carry the supplies they needed in a rolling bag the size of a large briefcase. This “lightening bolt” struck when one of our operations managers was taking a relative to the airport. Everyone was pulling their own bags – even children. These bags would have been too heavy for them to carry on their own if they didn’t have wheels. He thought to himself, “that’s what we need”.

    Sharpening this skill takes practice. Here are three ways to begin to develop your powers of rearrangement.

    View each problem as mutually exclusive. Many times we complicate situations before we solve them. Take apart each situation and you will discover several smaller issues that can readily be rectified. Each small issue you resolve will have implications. Sometimes these will take you in a slightly different direction than you expected. See if you can still get to the desired end result even though you are heading down a new path.

    Start at the end result and work backwards. Too often people get caught up in solving a problem in a particular fashion. Identify the desired end result first then t

    Personalized Business Gifts
    Gifts play a significant role in strengthening relationships. The same rule applies to business too. One important reason for giving gifts is for business purposes.Like a wedding, a business deals with people. So, it is proper to give useful gifts. Various people can give business gifts on various occasions. To elaborate, employees can present gifts to employers, and vice-versa. Announcements like pay hikes or extra perks for employees are gift-giving occasions. In return, to honor the employer, you can chalk out a few ideas for gifts. You can throw up a
    een used by business travelers for years. We purchased a few pieces of luggage and adapted them to our challenge. Within eight weeks we had refined this idea to the point where the cleaning staff could carry the supplies they needed in a rolling bag the size of a large briefcase. This “lightening bolt” struck when one of our operations managers was taking a relative to the airport. Everyone was pulling their own bags – even children. These bags would have been too heavy for them to carry on their own if they didn’t have wheels. He thought to himself, “that’s what we need”.

    Sharpening this skill takes practice. Here are three ways to begin to develop your powers of rearrangement.

    View each problem as mutually exclusive. Many times we complicate situations before we solve them. Take apart each situation and you will discover several smaller issues that can readily be rectified. Each small issue you resolve will have implications. Sometimes these will take you in a slightly different direction than you expected. See if you can still get to the desired end result even though you are heading down a new path.

    Start at the end result and work backwards. Too often people get caught up in solving a problem in a particular fashion. Identify the desired end result first then t

    Getting A Second Interview
    What you really need to knowThe majority of people find interviews a daunting task. You really should not. The long and the short of it is that an interview board have asked you to come see them. Taken time out of their day because they believe from just your CV that you have something they need. They have a vacancy and it is within all companies’ priorities to get the best candidate. Whether the position is for waiting tables or as a CEO always remember that the interview board want you to be there and it is them that are lucky you are. Once you
    lop your powers of rearrangement.

    View each problem as mutually exclusive. Many times we complicate situations before we solve them. Take apart each situation and you will discover several smaller issues that can readily be rectified. Each small issue you resolve will have implications. Sometimes these will take you in a slightly different direction than you expected. See if you can still get to the desired end result even though you are heading down a new path.

    Start at the end result and work backwards. Too often people get caught up in solving a problem in a particular fashion. Identify the desired end result first then think about it deeply. As you reflect upon the end result begin to list the different ways to achieve it. List everything – even the processes you view as “crazy”. This will help you expand your thinking to the point where you might just apply an old solution to a new problem.

    Bring in people who know nothing. Many big businesses use “cross functional teams” to solve problems. This is nothing more than bringing in people from other parts of the business to look at the situation with a fresh set of eyes. You should do the same thing in your business. Ask your accountant to look at your distribution system. Ask your attorney to take a shot at solving your customer traffic issue. Talk to your UPS delivery person about your fleet management concerns. Good ideas come from many different places. You may not receive the exact answer you are looking for, but you could receive some clues that will get you to the end result.

    In the end, starting a business requires solving a million little problems (and a few big ones). Successful entrepreneurs are energized by this process. You can develop the skills of the re-arranger. All it takes is an open mind and the desire to succeed.

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