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Many Internet fax services will provide you with a virtual fax number. They can be as part of a service plan, or you may have to pay extra to get one. Some services have a setup fee and some do not. Many services offer plans for companies that are multiple virtual fax number for a low price. Depending on where you live, you may be able to choose whether you want a toll free number or a local fax number. But what is the actual fax number?

When you sign up for Internet Fax Service, a real fax number is able to receive faxes. You can have it printed documents and business cards, and others can use it in exactly the same way they would use a regular fax. However, when someone sends you a fax, it does not come with a fax machine. It goes through a fax service, which automatically converts it to a digital format, usually PDF, and then send it to you online. Some fax service using the mail, and these files will be sent to you as email attachments. Others use the web interface, and you’ll get a personal fax mailbox where you can check your files. When viewing your inbox, you can read files on your computer or you can choose to print them out. This can save you a lot of paper, where you do not have to print more junk faxes. You do not need to print cover pages, or all pages fax, unless you want to. It also means that you still have a way to read the files, even if you have run out of paper or printer ink.

For a business, a plan with several virtual fax can be ideal. Each of the different figures, you can send files to different employee, or in any other department. It is faster and safer, where documents are delivered directly to the person or department, rather than sit around in a shared fax machine. You can also be informed of the fax immediately, rather than having to keep checking common fax machine. Email notifications and Text Message Alerts are possible with many online fax services.

Get a real fax number can give you the ability to send and receive faxes quickly and easily, no matter where you are. You do not have to rely on using a fax machine anymore. All you need is a computer and Internet access. This means you do not have to be in the office to send and receive faxes, making you much more flexibility and greater access to faxes. It is also convenient if you want to search through older faxes or record faxes to disk. Virtual fax allows you all the benefits of a fax machine, without problems such as paper jams, mechanical error, and busy signals. They are also much cheaper than to own and use a fax machine.

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Source by Tina L Douglas

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Are you the type of employee who keeps his nose down and work ethic up, usually avoid office Chit Chat and water-cooler talk? According to the Boston Globe article, “ Office of small talk is part of the business, too,” to participate in a unique and appropriate small talk with colleagues can prove beneficial to your career.

First, people like to work with nice people, so generally, friendly conversation can help build rapport and relationships with others that you are in touch with daily or weekly. From more strategic perspective, office Chit Chat can help you determine who can help your career, and who could possibly prevent it.

Here is how you can improve your skills to chit chat with anyone, but avoid common communication mistakes that can backfire on your career.

take a cue from salespeople. If you are in sales or customer service, it is given the ability to speak casually with customers and prospects is the key to success. How do they do it? It helps to have a genuine interest in other people. It is more important to pay attention and be a good listener.

Look for cues that one really wants to talk to you. Do they look busy or rushed? They turn and join, or support off? If someone does not seem receptive to conversation, or if it feels like the other person wants to wrap it up and get back to work, to leave them in peace and talk later.

Know basic work habits conversation. When it comes to talking with coworkers or clients, let common sense prevail. Avoid politics and religion, and anything remotely controversial. You never know where people stand on things, and it could come back to bite you. Also, avoid personal stuff that you would not third party will hear or walk.

Instead, keep a current of news, sports, entertainment and special issues in your area of ​​business, and comment if the subject comes up. It is safe to say your opinion, but keep your personal or accusatory comments out of it, like “I can not believe you would support such a cause!” or “What on earth makes you think that?”

Ask questions and get to know the interests of the people around you. A great way to engage someone to ask advice on something, such as measuring the Broadway play or a place to go on vacation. Once you get to know people, have some questions in mind ahead of time when the opportunity arises.

If the other party procedures to join the conversation, including him or her and the conversation.

It is important to let the conversation go on too long, as it is easily perceived by others as slacking and inappropriate. To close the conversation politely, saying something like, “It was very interesting, we have to talk again” or “I have a report that I’ve got to get over. Can we touch base later?”

Reference: http://www.bostonglobe.com/business/2013/03/30/office-small-talk-part-business-too/zTWmrEA4AzgqQgeLuFsqLN/story.html

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Source by Lynda Silvestro

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Well, as the business world has gone global. Now, you are just as likely to be working on a project with the man sitting in the next cubicle case as you are with a woman sitting in an office in China.

You are the boss and has just been assigned control this huge project that will increase your visibility within the organization and put you in line for the experience that you know you deserve. The only problem is that you have to manage a virtual team of highly skilled staff that are scattered all over the world! What should you do? It’s hard enough to manage a team of people who are physically in the same place that you see everyday, how on earth are you supposed to control people in different time zones?

Do not panic, follow these simple steps and you should be well on your way to becoming a globalized, the real leader!

1. Pick Virtual Dream Team: Put a little time with each team member to meet with them individually. Introduce yourself, give them a brief overview of the project and explain why they have been selected. Try to do this inaugural meeting face to face. If travel budget does not allow for this, set up a video conference. This is a nice time to give people a pat on the back for past performance. For example you might say “Femi, you have been chosen to be part of this team due expertise in Data Mining and excellent work that you did on data warehouse project. This project saved the company $ 5 million over 2 years, and I’m glad to have you on my team. ”

2. Set up the initial team meeting: Schedule a meeting to introduce members to each other, set expectations and to give everyone the opportunity to start getting comfortable with the program and each other.

3. Create Virtual Vision: One of the most critical things to do when managing virtual team is to ensure that everyone is working towards a common goal and understand what the team is trying to achieve. To do this, you need to create a vision / mission with the team. When the project is completed, all the print it out and hang it in a prominent place.

4. A Team criteria: Each team should go through an exercise to create a team norms. Norms, rules and standards team survives. From how team members interact with each other in how work gets done should be addressed in the criteria. Rules will be followed better if the team members help create them and agree to abide by them. A good discussion to come up during this process is how conflicts and disputes will be resolved and resolved.

5. Get Communication right: If communication is important to the teams, it is the lifeline of a virtual team. Means of communication and etiquette must be in the first days to create a new team. Questions should be raised and discussed:

• should / will use any means of communication? For instance, all team members have instant messaging?
• What will be the main mode of communication?
• What hours do teammates are completely be free of another?
• How will Team members contact one another in an emergency?
• How will the team communicate important information and what is important information?
• What decisions can individuals do?
• What decisions need the input side and what decisions need to team leader input?

A complementary exercise to perform along with communication discussion personality test, such as Myers Briggs Type Indicator (MBTI). The MBTI can be used to accelerate the introductory level and facilitate a deeper understanding of each teammate’s communication and work styles. Time should also be instrumental in understanding various cultures members.

Create a SharePoint site for a team where all project documents will be housed. Hide format (with pictures) of all teammates. Customize the page, information about members, such as knowledge, interests, family photos, etc.

Now that you have taken the necessary measures to control the trust, high-performing virtual teams, go out and conquer the world. Good luck!

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Source by Busola Olatilu

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In order to cater to the accuracy, speed and delivery requirements of mission-critical business operations, one has to spread VPS hosting model. This technology provides permanent storage for media that are accessible through facility; it also consists of the software is implemented on the server side activities. This type of remodeled web host allows limited access is provided through a web browser and / or special software running on the client side.

The VPS hosting services are also referred to as “cloud computing” because the data is usually stored in a secure location. There is no distribution services across various servers. This innovative approach is popular because it delivers high levels of security and speed to open files on upload and / or download jobs.

VPS hosting and its benefits

A major issue with hosting solutions is that people do not choose the right provider. Recently begun to realize that their business requires both dedicated and shared server operations to ensure coherence and continuity. Virtual Private Server hosting solutions really meet these demands. Such stupendous combination of features provide the person with the best qualities. Best part about your VPS is that the cost is lower and one can still access root control.

One needs to spend some time researching the quality VPS hosting providers. Companies offer a list of compatible services at affordable prices will be selected. Only then a decision can be cost-effective for the company as well as beneficial for the current environment.

A wide range of benefits to even such a hosting service that really prove useful from the user. Some advantages of hosting a website on a virtual private server are:

• Any account created in the VPS plan is cheaper than regular dedicated hosting plans that use ordinary physical servers.

• Many times, VPS plans are customized to cater to all business needs and ultimately the customer is billed on a pay-per-use basis. Domain Protocol is one such requirement to VPS host cater nicely.

• In certain cases, VPS hosting plans turn out to be easily scalable. While one able to start within a virtual environment with minimal resources, the growing business needs accommodated within the flexible hosting plans. So that customers need not pay excessive resources.

• Customer able to exercise critical control of a virtual server through affordable shared hosting plans. Many a times, allowing service providers complete root access as well as the ability to take advantage of scripts that are not allowed in a shared environment.

• Linux VPS hosting providers also offer similar technical support for services such as in shared hosting.

• One also gets to choose from a number of semi-managed hosting where the web host handle similar maintenance services and also a fully managed service.

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Source by Eva Maris

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Timing is everything and this is a great time to learn how to become a real recruiter! Post why? Just check the job listings under “recruiter ‘or’ talent acquisition.” There are thousands of jobs for all types of recruiters in the current candidate- driven our market. Another reason? Old staffing agency model is slowly dying and to convey the experience of virtual recruiters working from home. And more importantly, there is a looming labor shortage caused by the current generation of retiring Baby Boomers!

until the last few years, had to work for someone else if you wanted to be in staffing and recruitment industry! Cost, franchise fees, office equipment, training, back office systems and accessions just made it too expensive to work on their own.

Appointment … Staying the same dynamic

Appointment basics remain the same but the ‘recruiter’ job description is always changing. Modern recruiter today has basically gone rogue “and discovered the wonderful world of independent rule – working from home – and earning higher commissions than the local recruiters. Being a recruiter is one of the few jobs that really lends itself to working remotely (almost). In fact, recent studies show that virtual recruiters (who work from home) are actually more productive than the local recruiters! Working mainly at home is the main difference between a virtual recruiter and staffing of the old site recruiter role and, best of all, you will probably get higher commissions work independently.

So … How can I become a real Recruiter?

The most important step is to learn the job description and lifestyle of an experienced recruiter and decide whether you have the skills, commitment and interest to do so by a competent, full-cycle, money-producing recruiter. While the following requirements’ recruiter ‘job description are NOT all inclusive, they will give you a pretty good idea of ​​what daily tasks will be.

The first set of requirements come from “conventional Staffing agency’ description recruiter job description and a second list includes the ability I would include all innovative, effective and successful virtual recruiters future

Traditional Requirements recruiters

1. Complete knowledge and control of the ‘cradle to grave ” positioning publication process (25 or so individual steps) including:

• relationship building
• creative source and employment of
• manage the entire interview process
• control all the important aspects of a successful placement of
• link between your candidate and your business
• invoicing and collecting the fee

2. Meeting the educational ( 4 year degree plus) and / or industry specialization and training

3. Acting professionally and ethically at all times

4. Maintaining good time management skills; be self-motivated and results driven

5. attractive with good communication, listening and writing skills

6. Computer / Internet savvy with knowledge of social networks and other proactive recruitment methods

Future Eligibility Virtual Recruiters

• to be in a learning mode; pay attention to the industry / employment development in order to act as a true consultant clients
• understand that the job board candidates represent only 20% of the potential workforce; Most candidates are happily employed and not on job boards
• Understand the baby boomer generation and impending labor shortages
• Know metrics – and how to change them for the best results
• to monitor developments and innovative recruitment strategies to remain competitive in state-of-the-art hiring practices
• Time to participate in training, training, training
• Listen twice as much as you talk and know the right questions
• Learn how to leverage your time and grow your business by outsourcing

But … Is it worth it?

answer is simple. A contingency fee recruiter can easily earn $ 50- $ 120K per year; in-house corporate recruiters with full cycle recruiting skills will earn $ 60- $ 95K or more. Contract recruiters make anywhere from $ 75 $ 20 per hour – depending on their skill and industry. Virtual recruiters earn up to 80% of the placement fee * vs. average 20-30% for on-site recruiters. Not only can earn a very generous income but you will have the luxury of working from home!

The important aspect of Your Success

The most important requirement for success in your new virtual recruitment career … training, training, training! It is like the old philosophy used when starting a new business on “Location, location, location”. You will find a lot of training and a mentor / coach will help you stay focused in applying new skills and help your career as a recruiter. comprehensive training will teach you all the traditional and future qualifications above.

Recruiting is not rocket science! You are not born with a recruiter skills – they are all learned. And recruiter with the best training and time management skills will win every time in this exciting career opportunities in the future.

* Placement fees are paid by the hiring of company based in compensation per cent the first year of the newly appointed candidate. Fees range from a flat fee of up to 35% benefits the first year.

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Source by Sybil Goldberg

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Las Vegas, home of the addictive gambling houses, a hot bed of entertainment, is also known as “Sin City”. It is a great place to start the restaurant, as it is a tourist haven with extraordinary demand for restaurants.

How to start a restaurant in Las Vegas

Las Vegas has so many different restaurants and dining facilities that will require careful planning and innovation to open a restaurant in Las Vegas that has something another offering.

It will be helpful if you could do extensive research and find out what kind of restaurant has higher demand and to verify whether demand exists in the area where you plan to open a restaurant. Decide what kind of restaurant you want to go, food you will serve, if you want to specialize in perhaps some exotic foreign restaurant like Thai or Japanese restaurant or it will be an all-American restaurant or you otherwise opens healthy food restaurant ?

Select the appropriate name that is attractive and decide to get appropriate signals for your business. Select the ideal location for your restaurant, to ensure that capacity is. The place has to be visible and is best located in a busy shopping area or the commercial complex.

Calculate the start-up costs as well as several months of operating expenses and obtain the necessary finance to fund the start-up. An accurate statement of cash flow projection to manage finances better.

Make sure you get all the necessary permits and licenses required for the assessment of business license from the department of health, and get adequate insurance coverage too.

You must carefully choose the menu and set the appropriate price from maybe analyze your competitors. Employing qualified staff by making a list and ensure that their credentials are established. Watch them constantly and make sure they are motivated.

design the interior in an attractive manner; select equipment, supplies, materials, and furniture with care. Buy after you have compared the prices. It might be better to operate within budget and prioritize spending to be up and running.

advertise and market the restaurant in a provocative way until you capture your target market. Offer discounts at certain times, or free salad beginning to get people to advance your institution. If you offer good and nutritious food tastily cooked and well presented, is back customers is guaranteed.

You can use the services as well as products available on the market to manage and run a better organization. A restaurant company in Las Vegas can be a very profitable venture.

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Source by Alexander Gordon

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memories of the last special occasion your company worried about you? Are you avoiding events because they take up too much of your time? Think about the last time you hosted a business event. You began with a clear purpose for the meeting were the right people contacted to participate, and the program was carefully planned; but for some reason occasion not working as well as you had hoped.

To sum it up, in the initial planning began well; but event coordination and logistics was poorly executed .

To be successful, you should assign one person responsible for the direct coordination of events. While you focus on bringing value-added content event coordinator phone (meeting logistics expert) will focus on details! You can use a team approach to divide work between team members, assign tasks with the aim of the days; However, event coordinator is the one in charge, running the show and keep an eye on the entire operation.

Selecting the event coordinator is a smart move. Even through you continue to participate in the event planning loop, you will be free to tend to business as usual!

ultimate success your event is directly related to the capacity of the coordinator is to pay attention to the details! event coordinator will map strategy utilizing Top Ten – Logistic steps:

1. Determine the best date and time to meet (verify potential dates, times, and boats, and the relationship with suppliers, presenters, attendees and special guests)

2. Select and schedule the best place to meet (consider your budget as well as the potential for on-site, off-site, conference center, private dining room , etc.)

3. contact and confirm all contracts (including venue, speakers, presenters, entertainment, sponsors, etc ;. and communicate frequently with all of their role in the upcoming event)

4. plan and mapping program plan (including the general meeting, meeting, break times, break out sessions, refreshments, meals, media room, and other special needs)

5. Coordinate and oversee the selection of the theme, design, production and distribution of printed items (ie, invitations, programs, brochures, special materials and related mail)

6. arrange the necessary supplies have groups available on site (ie handouts, evaluation forms, flip charts, markers, sticky notes, etc.)

7. Identify each presenter and equipment needs are: Who? What needs? The Where? Then determine the technical infrastructure, accommodation, and arrange for on-site support

8. verify the room lay-out requirements; arrange for support to complete the set up and tear down

9 for the needs! Arrange for adequate host support available throughout the event.

10. Communication! Send! Send! (With vendors, presenters, attendees and guests).

Having this type of talent (detail-oriented arranger / organizer / Leader) the staff is very costly for many businesses. If you or someone on your staff do not have the time, ability and desire to learn to focus on logistical details required for hosting a successful business event, consider entering qualified resources from Virtual Assistance (VA) industry to assist you. With advances in technology and the use of the Internet, business owners can outsource event planning and coordination, as well as many other administrative duties to a VA.

You may wonder, “What is Virtual Assistance?” It is a working method that came Thanks to the Internet and information technology. A practicing professional in the Virtual Assistance industry is called a Virtual Assistant (VA). Usually, providing VA control, planning, secretarial services, special project support and other services niche off-site with the use of the Internet, software, office equipment and other current technology. Usually, Vas contract work from home offices and follow their established code of ethics and confidentiality. Vas work to establish long-term associations with its customers and even invested in its success.

Two reputable online Virtual Assistant organizations can help you find qualified VA with proven Event Planning skill sets. Virtual Assistant Networking of The Association ( Http://www.vanetworking.com ) and Virtual Assistant Chamber of Commerce ( Http://www.virtualassistantnetworking.com ) each provide information Potential or customers, VA registration, the opportunity to submit an RFP, and answers to many questions.

Do not let the thought of the next business occasion your fill you with dread!

When You Hire a Virtual Assistant specializes in Event Coordination, you can look forward to hosting your next event with confidence! Ask VA to pay attention to the details so you do not have to! Remember success is in the details!

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Source by Sheila Link

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As a small business grows and you start to outsource part of your actions, you can consider taking a Virtual assistant (VA) to assist with the ticking of social media activities. At such a time, rather than dish out personal password quickly, you can instead give and remove the access to the accounts of the company on Facebook and LinkedIn assistant satisfaction.

Although this is a very quick and easy process once you know how to do it, links to do it is not always in the most logical places. This article will help you by adding a second controller on your Facebook page; Facebook group; LinkedIn phone group; and your LinkedIn company.

Before we begin, however, in order to be able to do any of this, you need to be the administrator of the page or group in question. If you were the one to create a page or group, you must be an administrator by default; if you did not, you need to add the administrator of the page or group with someone who is.

i. Adding managers Facebook page

1. Log in to Facebook and navigate to your site business.
2. In the top right hand corner, under the dark blue Facebook header ribbon, you will see a button that says “Edit”. Under this, you will see a box headed “managers” (this box is only visible to administrators, not the fans. If you do not see this box, you are not an administrator and therefore will not be able to follow instructions.) Click the “See all”, to the right where it says “Admins”.
3. This will take you to a new page where you will see a list of present management for your Facebook page, with blank space for you to add a new one. If you are Facebook friends with the manager, you can simply enter the name on the box. If you are not friends with them, you have to enter the email address they use to create a Facebook account. People tend to have more than one address, so it is important to double-check with them!
4. Click “Save changes”. You will be prompted to enter your Facebook password.

II. Adding managers Facebook group

1. Log in to Facebook and navigate to group your site.
2. In the top right hand corner of the dark blue Facebook header ribbon, you will see a button that says “Announcements” and a search box that says “Search Group”. Under this, you will see a box headed “Members”. Click “See all”, to the right where it says “Members”.

V

3. This will take you to a new page that shows you a list of all members of the Facebook group. To make any controller, all you have to do is click on the “Make admin” button to the right name.
4. A pop-up window will appear, asking you to confirm you want to make this person admin.

III. Adding managers LinkedIn group

1. Navigate to your group in LinkedIn.
2. Immediately the name of your group at the top of the page you will see the following tabs: Discussions, Members, Promotions, Jobs, Search, manage, More. Click on “Manage”.
3. On the left of the page you will see a long menu. Click the “Participants”, almost halfway.
4. Select the group member you want to make administrator and click the “Edit function”, then click “To Manager”.

IV. Adding administrators to your LinkedIn company

1. in order to add someone as a manager, you must first be connected to them.
2. Navigate to your business site in LinkedIn
3. On the right hand side, above where you will see how many followers the company has, you will see a small blue button say “admin Tools”. Click on it, then click “Edit”.
4. Ensure the “Company management Page” is set to “special users”. If it is not, put it.
5. Below you will see the section entitled “Manage Admins”. In the text just below it, start typing in the person’s name, and then select them from the names that appear.
6. scroll back up to the top of the page and click “Publish”.

Easy peasy!

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Source by Sheree L Lowe

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As a Virtual Assistant, one of the services that you may want to consider offering your customers the recipe. Although it sounds easy enough (to listen to the audio tape and just type what you hear), it is much more involved than that.

There are pros and cons that you should consider before the decision to offer transcription services.

According to the Merriam-Webster Online Dictionary, the official definition of Write-up is “a written copy of” or “to make a copy of (dictated or recorded matter) in longhand or on a machine (like a typewriter).” now before you drag out the trusty old typewriter, you need to make sure that you have a few things first. Most importantly, you need a good computer with Internet access and both transcription and word processing software installed on it because the old typewriter just is not going to do the trick anymore. Some other equipment you need is a quality headphones, a comfortable chair in a quiet room, and if you are serious about doing transcription, pedal (preferably USB type). Depending on the form used (DVD, mp3, cassettes, micro-cassettes, etc.), you may need additional equipment for audio playback. Of course, to be efficient Transcriptionist, you will also have a pretty decent typing speed, good listening, spelling and grammar skills.

Here are some of the places you will want to take into consideration before you decide to offer Transcription Services

Advantages:

the pricing is pretty obvious (by word, page or audio minutes / hour)

sharpens listening and typing skills

opportunity to learn about new and interesting content

can turn into a long-term client that recipe can easily lead to other projects (editing, proofreading, article writing or creating a book)

Pre-recorded sound gives you the flexibility to write when (great for those who are trying to juggle a 9-5 job, too)

with some more education, you have the option to specialize (ie medical or legal transcription) and imposing higher specialized rate

Disadvantages:

may need to buy some equipment and / or software (headphones, foot pedals, etc.)

you will have a decent typing speed or you do not going to make a lot of live action formula

Sound quality, many speakers, accents, people talking over each other, and audience interaction can significantly slow down the recipe process causes frustration and decrease productivity

template provided by the customer can be difficult to work with

formula is not multi-tasking friendly; you need to focus not call or tweet

Real-time recipe requires you and the customer is offered at the same time. This does not allow time for editing, or breaks

As with any task you perform for your customers, you need to ask important questions before you start.

You should be prepared with a checklist of some kind, finding out certain information ahead of time will save you time and trouble. Some questions you should ask your client before transcription

What client will eventually make a recipe (ie create an article or book)?

What form is sound (DVD, MP3, cassette, micro-cassettes, etc.)?

How will you get sound (mail, email, etc)?

Is the customer wants graduation or just an electronic file?

What form they want the final product (Word, PDF, etc)?

Do they want or they will literally umms and other unfinished thoughts changed out?

How many speakers are?

Not all of the speakers have accents?

Are they looking just having words put on paper or are they looking for something that is proofread, edit and in the final drafting stage?

Is music are confidential?

o the client will require non-disclosure agreement in addition to the Virtual Assistance Agreement?
o If Medical Transcription, it will be HIPPA compliance issues involved?

If you decide to venture into the realm of the recipe, make sure you have all the necessary tools in place to make your trip a positive experience. Take your time when creating proposals and make sure you understand all the details of each recipe project. If you are not sure of the terms of the project, contact the customer for clarification.

You do not want to get in over your head and disappointed customers and yourself.

Consider taking on several small “trial” projects before officially offering transcription services on your website.

volunteer to write a meeting or two for a church or civic group to gain some experience. You may even suggest a business and get customer testimonial for your business! Either way it is a great opportunity to try out the recipe, and see if it is worth adding to your business.

If you are typing, spelling and grammatical knowledge necessary transcription and you are ready to invest in some equipment to start, the transcription may be for you. Transcription can be frustrating and exhausting at times, but it can also be rewarding, interesting and flexible service you can offer your customers. Although it has its advantages and disadvantages, always keep in mind transcribing is perfect springboard for additional services you want to market your customers to keep your business flourishing.

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Source by Kathleen Vargas

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Top ways to turn your small business into a profitable business empire.

Small businesses are businesses that can be started with small investments. There are millions of people who are running a small or home business. Nearly 70% of newly launched small businesses fail due to lack of resources, competitions and various other reasons.

Before we look into the reason for the success or failure of small businesses, let’s look into some of the most successful companies that were started with some strong and innovative ideas. if you start any small business in the normal way, you can get just hand to mouth. To take a small business on the top you have to give something new and innovative.

how some ordinary people turned their small business in international business empire

(1). King c. Gillette: A traveling salesman found that straight razor had his dulled and it has become impossible for him to make a close shave. Many time dulled razor use him to cut his skin as there was no clarity was such that he began to think about new safety razor. New idea to make a twin blade razor was born as disposable blades can be inserted and replaced. Even though many engineers rejected the idea, but he continued to try and today Gillette have become billion dollar business. He introduced a low cost, disposable blades that can make the final and safe moisture.

Summary: He faced problems and wanted to find an innovative solution to this problem. Though he was a salesman with limited resources, but he knew the idea can be converted into money. He realized that if his dreams can be realized then he can turn it into a profitable business empire. This is the power of an innovative idea. An innovative idea can make unlimited wealth. Any small business can be turned into a big business empire if you try to introduce some new ideas.

(2). Tory Kumon: A high school math teacher in Japan, Toru Kumon, became concerned that another grade school son was coming home poor grades in mathematics. Encouraged by his wife to find a better way to teach his son, Kumon began to study textbooks and exercises used. Kumon felt that there was a better way and looked for an alternative method to his son. The Kumon working together while his wife oversees the work home to his son, Toru Kumon wrote back exercises and drills for his son, giving him slightly more difficult set of problems every day. By son had finished the eighth grade, he was working with calculus problem, quickly and correctly, and could see the works found on the university entrance examination.

Toru Kumon realized that if his son was with this problem, there would be other children in the same situation. Kumon then decided to take his methods to other parents whose children had this same issue. He did this by opening the Kumon learning centers throughout Japan. Kumon was not without his critics, however. Members of the institution against him – mainly because it was not their idea. They could not refute the fact that the Kumon system works. Kumon Today, more than 26,000 centers in 46 countries. This is the power of a small and powerful idea!

Overview: Kumon the problem – poor academic performance and defined it as an opportunity – an opportunity to create a learning system that would solve the problems of poor academic performance. After working with his son and find something that work, he found that he could provide this service to other parents who had the same issues. At the same time, he could generate income for themselves. He gave something of value and lower cost than many of the alternatives.

(3) Amancio Ortega, Amancio Ortega was born in 1936 in Spain. His father was a railway worker and his mother worked as a maid to support the family. Because of the financial problems his family was facing, at the tender age of 13 he started working as a messenger of shirt makers shop. Then he worked for a lot of shops and tailors and well studied how products and costs of products changed as they traveled from producer to consumer. As a result of this study, he stressed the importance of getting products directly to consumers by eliminating middlemen. The experience of working as a manager of local clothing shop he realized that only rich people were able to provide high fashion clothes because of the high prices they brought. Having observed this, he was determined to produce high fashion clothes that were low price and accessible to all. He continued to gain experience and knowledge while working until 1963 when he started his own company with only $ 25, he began to design and make a fine bathrobes and began selling it to customers and also began to give them a variety of shops . Later, with the profits he earned with the help of this business he started his own factory. Today his personal worth is more than $ 20 billion. This is the power of innovative ideas that small business is developed in the business empire.

Let us try to highlight the new ideas that he used to turn a small business in his fate.

(A) He realized the high end fashion clothes were only available to the rich people that only they could afford it. A large part of the price margin was consumed by the intermediary. To eliminate this problem, he started to create high end fashion clothes or rather look-like top of fashionable clothes for the masses at an affordable price by eliminating middlemen. In this way the number of people who bought his clothes increased and then he became very popular.

Benefits for consumers: Due to the innovative idea Amancio is middle class people who could not normally subject expensive and latest designs were able to take advantage of these fashionable clothes at reasonable rates.

(B) Direct Retail: Amancio clear that senior management officers as wholesalers, semi-wholesalers were to determine the final sale price of these clothes and so they ended up being very expensive. So he opened his own band called ZARA shops where he passed the margin that was taken by middle men to customers.

(C) When Amancio began its business; industry standard was to introduce a new fashion twice a year. Thus people had to wait a very long time span and would visit the shop only twice a year to buy new fashionable clothes. Amancio introduced a unique concept of instant fashion by presenting the latest designs and new fashions within 2-3 weeks. This in turn reduced the people to store many times a month. This also helped customers by bringing new designs on them and shopkeepers were good also because of the constant customer visits.

(D) Changes unsold design: Some designs do not sell as much as popular ones. What Amancio did was to modify and change the failed design so that they would be sold. He did this by setting up new patterns and accessories to the old design.

(E) The advantage of information: To learn more about what type of design sell and what type do not sell, and also to know more about unsold stocks, Amancio utilize information that allowed him to monitor the unsold stock. This also helped him to realize the actual taste of the customers.

Overview: Amancio Ortega started a small company with only $ 25, the day his personal net worth is more than $ 20 billion. At the time he started his business were already thousands of businessmen, developers, and established fashion houses but only he was able to make it to the top because he introduced something new in their small business and the rest is history.

Most self-made billionaires possessed or developed the following qualities to become rich and necessary for success in any business: They started with small businesses and developed into a business empire. Some of the features required to develop small business in the business empire are attached.

1. a burning desire to become rich
2. constant objective and sound business reality to it.
3. Faith and perseverance in your efforts and make the tough decision to never give up even after many mistakes.
4. practical action
5. Developing the ability to organize information and create something new out of it.
6. ability to innovate
7. Work towards the development of new ideas and innovation instead of worrying about the investment required for the company.
8. Compensating for the lack of education of self-education and master all the specialized knowledge with experience.
9. Find ways to make money without capital
10. Trying to create something new that would provide additional benefits to customers or to the industry.
11. They are not ashamed to pick up even a small job so that learning in and outs of the business and to sharpen their skills in this field.
12. Ability to turn even $ 1 thousand.
13 creates opportunities for themselves instead of waiting for them to happen
14. They mastered all the specialized knowledge required to cause the company and tried to learn all that is necessary to make a fortune
15. Designed their ability to create the best.
16 creates and develops only such things that have demand or that will be sold for sure.
17. They are not afraid of competition and beat it with the help of better products.
18. They always think and plan 10-20 years ahead of time
19. They develop a profitable idea to attract investment.
20. They start at the beginning of a knowledge based or skill based company.
21. They learn how to think like a customer and constantly trying to find ways to provide products and services at low cost and with high value.

Overview: what small business you want to start first of all to do research about concepts that are used by the top and successful companies. Now try to find some loop holes or better solutions and try to present them in small business.

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Source by Susheel Deora