Saturday, March 22, 2008

Zero waste for businesses

Businesses and all commercial and industrial has one major common objective - to make money. However, what is often overlooked is aiming for zero waste. One may not achieve zero waste, but with prudent measures, one can cut down a lot of unnecessary wastage and money saved is money earned.

What is Management

Management involves planning, organizing, making decisions, leading, controlling, allocation of resources and where necessary, disciplining. Frequently, before any of the above, an important step that need to be taken by the management is analyzing a situation.

Why is good management very important for a business

Business which have bad management may not be managing or leading their resources, especially human resources, well. Bad management of human resources may lead to dissatisfied staff, loss of good workers, and bad management of physical resources may lead to unnecessary waste. Good policy decisions may lead to the business achieving great successes, bad policy decisions may lead to poor business, even failure and bankruptcy.

The management of a business will also have to handle its tax matters very well as a country tax law is normally very strict and mistakes can lead to very heavy fines, even imprisonment.

Business, management and outsourcing

Most businesses in a country are small and medium scale businesses. For such businesses, it is very hard, if not impossible, to have the kind of resources available to large corporations. In cases like these, in area where these small and medium scale businesses are lacking, it may be a good idea to outsource, that is, to pay third party with the skills and the resources which can do the job better.

Now this website International Profit Associates claims to be the fastest growing management consulting company servicing American business and have a huge workforce of 1,800 full-time employees.

International Profit Associates say they provide strategic tax planning services. Tax is a serious matter governed by very strict laws. Get out of line, and you run the risk of being slapped with very hefty fines. That is money down the drain, money wasted, and definitely not Zero Waste. Plus with proper planning, you can reduce your tax liabilities to the minimum, and reduced liabilities is also money earned. Perhaps it is better not to be penny wise and pound foolish. Engage them to take care of your tax matters and save more than what you pay for their services. I don't know for I am not endorsing them for I have had no dealings with them so far. You will have to find out if they really can help your business cut wastage and take good care of your taxation matters.

International Profit Associates also claims to the only management consulting firm in the world that delivers a broad array of professional services to the small and medium-size business marketplace. Dealing with many different companies and consulting firms is time wasting and inefficient, and if you can have a large integrated company to do everything for you from A to Z, that is precious time saved, and there is a well known saying "time is money."

There are also 2 sources of useful information at Useful Industry Data and Useful Industry Links in that website.

Well, if you think this consulting firm can help your business, do contact them and do some exploring of possibilities. Feedback will be highly welcomed.

Friday, March 07, 2008

Avoid waste with credit cards

Why credit cards are essential, useful and beneficial in modern times

Carrying too much cash around is dangerous with so much robberies happening nowadays. You may also find yourself sometimes you want to buy something which cost more than what you have in your wallet or purse. Further, credit cards are often needed for online transactions. Add to that the incentives that credit card companies offer for you to use their credit cards, and you should begin to see why I think credit cards are essential, useful and beneficial in these modern times.

How to avoid waste when shopping for a credit card

There are many banks and other institutions offering credit cards, and each of them comes with different conditions. You should try to get a free for life credit card which does not charge you annual renewal fees. When I got mine, I was told that it is a free for life credit card. What they didn't tell me was that this "free for life" comes with conditions. In order for me to avoid monthly charges, I must use the credit card at least 3 times a month and/or spend more than a specified amount. Moral of my lesson is, if you have the time, do some comparison shopping before you apply for a credit card. Know exactly what you are getting into before you sign on that dotted line. It would be great if you can find a credit card that is interest free, but the nearest I can find that might approach what one call an interest free credit cards is the Tesco Personal Finance Bonus MasterCard/Visa card which when I checked it, says the "Balance Transfer Rate and Period" is 0% p.a. for 13 months (2.5% fee). This to me means when you transfer outstanding balances from other credit cards to Tesco Personal Finance Bonus MasterCard/Visa card, you need not pay any interest on it for 13 months. The card also has a loyalty scheme. One-twelfth of the annual interest is repaid to card each year, so this may be considered as "almost interest free".

However, it is best you check with them all that is mentioned above before you apply for the card, or even better, if you can find a really interest free credit card. However, I doubt that is really possible as often, if they give you something, they take back something else in return. So be alert and if you have the time, read the fine prints in the conditions normally appended to the application forms.

Thursday, March 06, 2008

Junk mail: Sign petition to abolish junk mail and stop waste

If you are fed up with all the junk mails you get in your mailbox, and you want your feelings heard, here is your chance. Please sign online petition against junk mail and pass your frustrations at all these waste of paper, money plus your time.

Junk mail is not only a nuisance, a wastage of Mother Earth's resources, a danger to our precious forest. Please do your part. Help Spaceship Earth which have no lifeboat and which we are all passengers. We cannot allow Spaceship Earth become unlivable. We have nowhere else to run to. Simple step. Just sign online petition to rid of junk mail and you would have done part of your duties for your future generations.