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  • Actual for You - Create an Alliance and WIN Business

    Business Records Destruction
    Effective June 1, 2005, the FTC’s Disposal Rule requires any business or individual that utilizes credit report information to properly dispose of that information to protect against unauthorized access to or use of the information. The Rule can be found at www.ftc.gov/os/2004/11/041118disposalfrn.pdf.Examples of consumer reports include credit reports,
    the referrals coming in and keeps the alliance members extremely happy. The key is to gain referrals that you could not otherwise obtain on your own.

    How do you form an alliance? You form it very carefully. It is best to list your strengths and skill sets first. Then list the skills that are lacking. This last list will provide the basis for finding people to fill the gap.

    Make a list of consultants that have each skill set identified, preferably people you alrea

    An Alternative to Venture Capital in the Food and Beverage Industry
    If you are an entrepreneur with a small food or beverage company looking to take it to the next level, this article should be of particular interest to you. Your natural inclination may be to seek venture capital or private equity to fund your growth, but that might not be the best path for you to take. We have created a hybrid M&A model designed to bring the ap
    Why should a consultant form an alliance of experts?

    Most consultants are solo operators and have an expert skill set in one area. This is good when your services are in demand. But what happens when your services aren’t quite what the client wants? You could give recommendations of someone else to do the job but giving a name and letting the client contact the new person or you can form an alliance.

    An alliance is a loose group of individuals that have complementary skills. These skills may also have some overlap but that will not really matter if you put the ground rules in place at the start. Elizabeth Kearney, Ph.D., is an expert at forming alliances. Her company, Elizabeth Kearney & Associates, The Experts Alliance, is a perfect example on how to setup an alliance and make it work for everyone involved. She is able to find the work and bring in her experts as needed. Each alliance member has an agreement in place for non-compete with clients that Liz brings in to the mix. Each alliance member reaps the benefits of a company that markets the skill set to obtain extra work. The alliance members each have their own entity and remain autonomous while still providing the expertise on an as needed basis.

    As with most alliances, there has to be a strong tie and commitment to be a part of the group. Without the commitment, it is difficult to rely on the membership. It is best to have a fee structure in place for each of the alliance members. This allows the company to accurately quote on jobs and include a markup.

    A referral fee plan should also be put in place. This means that for every job that is referred to the alliance leader that becomes a paid project, a percentage (usually around 10%) is given to the referring party. Elizabeth Kearney & Associates pays the referral fee until there is no more work with a particular client. It may sound expensive but it keeps the referrals coming in and keeps the alliance members extremely happy. The key is to gain referrals that you could not otherwise obtain on your own.

    How do you form an alliance? You form it very carefully. It is best to list your strengths and skill sets first. Then list the skills that are lacking. This last list will provide the basis for finding people to fill the gap.

    Make a list of consultants that have each skill set identified, preferably people you alread

    Preparing Your Company for Audits
    It is inevitable. It happens every year. Hiding from it or ignoring it won’t make it go away. The dreaded company audit; there is no way around it, so companies must do their best to comply with the current standards. And to be able to prove that they are meeting those standards. The compliance regulations companies must strive to meet are HIPAA for the med
    tary skills. These skills may also have some overlap but that will not really matter if you put the ground rules in place at the start. Elizabeth Kearney, Ph.D., is an expert at forming alliances. Her company, Elizabeth Kearney & Associates, The Experts Alliance, is a perfect example on how to setup an alliance and make it work for everyone involved. She is able to find the work and bring in her experts as needed. Each alliance member has an agreement in place for non-compete with clients that Liz brings in to the mix. Each alliance member reaps the benefits of a company that markets the skill set to obtain extra work. The alliance members each have their own entity and remain autonomous while still providing the expertise on an as needed basis.

    As with most alliances, there has to be a strong tie and commitment to be a part of the group. Without the commitment, it is difficult to rely on the membership. It is best to have a fee structure in place for each of the alliance members. This allows the company to accurately quote on jobs and include a markup.

    A referral fee plan should also be put in place. This means that for every job that is referred to the alliance leader that becomes a paid project, a percentage (usually around 10%) is given to the referring party. Elizabeth Kearney & Associates pays the referral fee until there is no more work with a particular client. It may sound expensive but it keeps the referrals coming in and keeps the alliance members extremely happy. The key is to gain referrals that you could not otherwise obtain on your own.

    How do you form an alliance? You form it very carefully. It is best to list your strengths and skill sets first. Then list the skills that are lacking. This last list will provide the basis for finding people to fill the gap.

    Make a list of consultants that have each skill set identified, preferably people you alrea

    Your Advisory Staff
    I've learned important lessons over my 15 year career as a cleaning and restoration business owner and one of the more important lessons is that trying to learn every little detail about every business function will DRIVE YOU CRAZY! Having said that it's still important to understand key concepts of your business and options, but trying to learn all the details
    with clients that Liz brings in to the mix. Each alliance member reaps the benefits of a company that markets the skill set to obtain extra work. The alliance members each have their own entity and remain autonomous while still providing the expertise on an as needed basis.

    As with most alliances, there has to be a strong tie and commitment to be a part of the group. Without the commitment, it is difficult to rely on the membership. It is best to have a fee structure in place for each of the alliance members. This allows the company to accurately quote on jobs and include a markup.

    A referral fee plan should also be put in place. This means that for every job that is referred to the alliance leader that becomes a paid project, a percentage (usually around 10%) is given to the referring party. Elizabeth Kearney & Associates pays the referral fee until there is no more work with a particular client. It may sound expensive but it keeps the referrals coming in and keeps the alliance members extremely happy. The key is to gain referrals that you could not otherwise obtain on your own.

    How do you form an alliance? You form it very carefully. It is best to list your strengths and skill sets first. Then list the skills that are lacking. This last list will provide the basis for finding people to fill the gap.

    Make a list of consultants that have each skill set identified, preferably people you alrea

    Digital Signage Can Save Lives
    There can hardly be a driver in America who hasn't been cruising down the highway when the regular programming on the radio is interrupted for a test of the Emergency Broadcast System. A brief warning that a test is about to occur is followed by a burst of tones that sounds like it's coming from a dial-up computer modem followed by a reminder that what was just
    n place for each of the alliance members. This allows the company to accurately quote on jobs and include a markup.

    A referral fee plan should also be put in place. This means that for every job that is referred to the alliance leader that becomes a paid project, a percentage (usually around 10%) is given to the referring party. Elizabeth Kearney & Associates pays the referral fee until there is no more work with a particular client. It may sound expensive but it keeps the referrals coming in and keeps the alliance members extremely happy. The key is to gain referrals that you could not otherwise obtain on your own.

    How do you form an alliance? You form it very carefully. It is best to list your strengths and skill sets first. Then list the skills that are lacking. This last list will provide the basis for finding people to fill the gap.

    Make a list of consultants that have each skill set identified, preferably people you alrea

    How To Succeed As A Medical Transcriptionist
    Presently, there is a substantial need for good transcriptionists who are knowledgeable, accurate, hardworking, smart, dedicated and dependable, and this need exists daily. A professional MT, even one just beginning, is expected to have a certain level of required medical, language, and technical knowledge and skills along with the necessary typing acuity to per
    the referrals coming in and keeps the alliance members extremely happy. The key is to gain referrals that you could not otherwise obtain on your own.

    How do you form an alliance? You form it very carefully. It is best to list your strengths and skill sets first. Then list the skills that are lacking. This last list will provide the basis for finding people to fill the gap.

    Make a list of consultants that have each skill set identified, preferably people you already know. At this point some due diligence is necessary, ask around, get opinions, and so on. This step is preventative medicine from any potential problems. Once you are satisfied with the results, ask the person if they want to join your alliance. Most people are open to the potential of additional work without having to do extra marketing.

    Once you have an alliance, promote it, use it, and reap the rewards. An alliance is one of the best ways to work with others for a common goal – to get more business.

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