HOWTO KNOWWHEN IT’S TIMETO HIRE FINANCIAL HELP
“Whatever it is, find a way to outsource it, especially if it’s not a lot of cost. Because time is such a factor, and if it isn’t driving success, it’s not worth your time.” You might ask,“Isn’t hiring someone to help with finances costly?” Short term, hiring a bookkeeper comes with its fair share of costs, whether you hire someone to work in-house or a freelancer. However, when your finances are in control and under the guidance of a financial pro, there is a good chance your hire will end up paying for themselves and then some — as long as you clearly communicate your business’s financial goals. With SCORE, you’re never alone! Schedule an appointment to meet with a mentor today. Call 1-866-726-7340 or visit StLSCORE.org right now!
The answer won’t surprise you. It comes down to one primary factor: time.When you, as a business owner, are spending too much time on the finances, it’s time to call for help. When you want to grow your business, time is one of your most precious resources. You have to manage it wisely. For many businesses, managing finances is a full-time job, but it isn’t always treated as one. If you are starting to wonder if it’s time to delegate this task, that means bringing in help is probably long overdue. The biggest sign you are spending too much time looking at your numbers is when you find your company not reaching growth or production goals.As one small-business owner, Kelly Barker, learned, focusing too much time on bookkeeping meant she sacrificed the success of her company, Prep Cosmetics, in key areas.
There’s a reality among small-business owners and entrepreneurs.They want to do everything.Whether they are in the process of building a new business or it’s long been established, small-business owners tend to struggle with delegation.This includes the financial side of the business. Another reality:There are times when you need to hand over the financial reins to someone else, someone who is more capable and has the expertise to ensure your business has the financial foundation it needs to move forward and, hopefully, prosper.
Speaking to Inc.com, Barker imparted the following insight:
How do you know when it’s time to call in someone to manage your books?
Put Your Best Card Forward
BUSINESS CARD ETIQUETTE IN 3 DIFFERENT COUNTRIES
CHINA In China, as in many other countries, having your credentials and contact info in English on one side and in the local language on the other is good practice. Gold lettering is considered auspicious, and if your business is relatively old, make sure the year it was founded is on your card.The practice of giving and receiving cards is very similar to that of Japan. Finish the exchange with a bow as a way to thank your acquaintance for meeting with you. nonbusiness interactions in India. Much like hierarchy and status are valued in Japan, academic achievements are valued in India, so list your university, degrees, and honors along with your other information.When exchanging cards, always give and receive them with your right hand.This is also common practice in many Middle Eastern countries. INDIA Business cards are exchanged even in
Exchanging business cards the wrong way probably won’t be detrimental to your business deal, but learning the proper etiquette in the country you’re visiting can go a long way in starting a professional relationship on the right foot. With SCORE, you’re never alone!We offer workshops and seminars each month to help you develop the skills you need to succeed.Visit StLouisSCORE.eventbrite.com today!
The business card is a nearly ubiquitous way to give your name, position, company, and contact information to potential clients and business partners all over the world.And while the exchange of business cards in the United States does not come with a lot of pomp and circumstance, that is not the case in many other countries. If you find yourself in one of the following places, remember these tips about exchanging business cards. JAPAN Known in Japan as meishi , the exchange of business cards comes with a lot of ceremony. Present your card with both hands, as this gesture is seen as respectful. Japanese culture places a lot of value on hierarchy and status, so make sure your title is listed prominently.When receiving a card, take a minute to look it over and comment on it. Immediately putting it away is disrespectful, and once you’re done looking at it, put it in a cardholder, folder, or binder.
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