Archive Category : 'Business Tips'

mark_cuban:What Makes a Good Salesperson?According to Mark Cuban, a good salesperson isn’t somebody who can talk someone into anything. Its not the smooth talking hustler nor the top student in the company’s sales training class.

According to Cuban, anybody can learn to be a great salesperson. All they have to do is put in the effort and care about your company, your prospects and customers. Its also the most important job in every company because there has yet to be a successful company that has survived with zero sales. No amount of sales training can make you a better salesperson till you take this to heard.

A Good Sales Person Is:

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Company Survival Tips during a RecessionThey say an economy is in a recession when there is negative growth for 2 or more successive quarters in a year. Credit becomes tight, money doesn’t move and everything becomes scarce.

How do companies survive during a recession? Well there are a couple of things that through the ages companies have practiced in order to be competitive and survive. It usually boils down to reducing cost, maximizing productivity and squeezing every once of profit that you can get till demand goes back up again. Staying Liquid, Cash heavy and Debt Light is a must in these times.

Some Tips for Surviving a Recession

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Schedule of Philippines 2009 HolidaysPresident Gloria Macapagal-Arroyo signed on December 24, 2008, Proclamation 1699 that lays out the holiday schedule for this year. The president advocates holiday economics, which switches holidays around against their intended dates, closer to the weekend so as to boost local tourism and improve family ties.

It is good practice for businesses to always plan for the holidays so that one can better maximize their profits and reduce their cost.
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Reinventing the Internet Cafe BusinessIs there still a chance for the Internet Cafe Industry in the Philippines to evolve itself into something new? This business used to be so lucrative because it was a portal that gave access to something people wanted in on, The Internet.

Even Netopia, the country’s biggest internet cafe chain with 154 branches and 75% owned by PLDT, failed to eke a profit in 2008 as it reported a loss of P8 M. In 2007 they had even bigger losses totalling P29 M.

I remember a friend who started their business around 1997. To begin he ponied up 1 Million. The P1 Million covered the server, the furniture, the licensing and the bank of computers. He said that within a year he was able to recover the cost of the P1M and was looking to expand even more.
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Simple businesses that can be done at the officeThe great thing about working in the office is that you are most likely in what’s called a “captured market”. It has to be the most ideal condition that every entrepreneur dreams about because it borders on a near monopoly.

Why is this? Because you are in a place where people don’t have the option to go out to buy things that they need. Its like winning a canteen concession in a private school where the children aren’t allowed to go out to eat for lunch or break time, ensuring that you have a bunch of people who have no other option but to buy from you. Yep, if you land this you’re in Businessman’s Nirvana. Starting a small business couldn’t be anymore easy since the problem of generating a consumers has been partially solved already.

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