Business Fit

I have been an entrepreneur for over twenty years and have absolutely embraced information that would help maintain a well managed and profitable business. We have been a part of the information era for sometime now. As business owners, we have access to more information than ever in this generation of technology. But how can we use this technology to aid our business?

Today's business environment creates both opportunities and challenges. Powerful technology, including the internet, provides access to global markets and increases your potential for incredible gains. However, managing the technology and taking advantage of the opportunities it provides can be very threatening for small business owners who lack an extensive budget and a dedicated IT department or person. Ultimately, it's about vision--and developing a viable strategy! Without a defined strategy, we make poor buying decisions, adopt ineffective tools, and often experience a high level of frustration. Businesses that succeed, typically establish technology strategies that help them gain a competitive advantage through cost savings, process improvements, faster time to market, and improved quality and service levels. These companies often exceed the expectations of customers, business partners and employees.

Planning for the right combination of tools is imperative. It's also essential to make sure that systems live up to their full potential. The result of bad technology and failed installations impact more than a few businesses. In many cases, transforming the strategy into reality requires outside expertise--particularly at companies without technology experts. Working with analysts, consultants, value-added resellers, service providers, technology partners and even a knowledgeable friend or relative can have huge rewards. It's difficult to measure the value of an application that improves customer service or employee morale In a tough economic climate or adverse industry conditions, the technology might not boost sales but it could help you retain customers or employees and solidify loyalty. This, in turn, could cut costs and position your company for future growth.

Adopting the right systems can maximize your results and simplify future technology installations. For example, a strong (IP) network makes it easier to implement new technologies, such as Web-Conferencing. With a solid foundation in place, a company can utilize Web-Conferencing to help trim travel costs and provide sophisticated communication capabilities. This application enables web-based document sharing, collaboration and the use of video and audio over a network.

Most Micro-Businesses, Small Businesses and even Mid Size Businesses believe that technology of this kind is unaffordable. In reality, feature rich, Web Conferencing can be as inexpensive as @$200 per month. What an effective, inexpensive enhancement to your business. It's perfect for among others, home based businesses, multi-location businesses or e-based businesses.

Having a well-thought-out technology plan in place allows you to create a strategy that boosts performance and profits through the maximum utilization of your resources. Developing a solid technology plan isn't just a good idea--it's the basis for success and a technologically "FIT" business!

Your contributions, questions and remarks are very much needed. Please forward all questions and commentary to:
(702) 363-4588

Publishers Note:
Mr. Smith is the CEO of Pacific Diversified LLC, a Las Vegas based software development, marketing and sales company with offices locally as well as in Orange County, California.

In The News:

pen paper and inkwell

cat break through

Management Training: Are You Satisfied With The Results?

If you're not satfied with the results of your management... Read More

Performance Appraisals: Questions for Smarties and Dummies

In numerous programs I've conducted on performance appraisals, with Human... Read More

Passion for Profits

Business owners and managers are busier than ever. As their... Read More

10 Ways To Maintain Profits In A Slow Economy

1. Sell more back end products to your existing customer... Read More

Performance Appraisals: Nightmares or Sweet Dreams

Some managers think of performance appraisal meetings and recollections of... Read More

Counseling Interviews for the Marginal Employee

ACTIVE LISTENING: The most frequent cause of failure in therapeutic... Read More

10 Steps When You Need Help in Your Business

If you think ahead and plan, many nightmare panic and... Read More

Terrible Meetings - Ten Ways to Spot Them!

Sometimes, better than giving advice about how to run things... Read More

Group Discussion Guidelines

DISCUSSION METHODS: There are two basic types of discussion methods;... Read More

Outsourcing Problem Analysis

As an HR professional, you have responsibilities in several broad... Read More

Understanding How Change Has Changed

There seems to be an assumption that change is a... Read More

Keeping Meetings On Track

We all have been in meetings with certain people who... Read More

Bye-Bye Boring Meetings! Make Yours Remarkable!

It's the middle of the night. You've woken up with... Read More

Are You in AWE of Your Employees?

Employers have become so concerned about seeming "unfair" or worse... Read More

Executive Humor at Meetings

I don't encourage managers to wear funny hats, appear in... Read More

Collections Management

How long does it take your customers, clients or patients... Read More

Give Yourself a Boss? Day Gift

Become a better boss and reap the benefitsAnother interesting study... Read More

Problem-Solving Success Tip: Measure

Measure.The first key question to answer in starting a problem-solving... Read More

Shrinkage Control

What has been your store's shrinkage experience for the last... Read More

Communication, Feedback, and Participation: Three Easy Tidbits For Smarter Business

On communication: One of the biggest strains on the communication... Read More

The Power in Praising People

One of the keys to success is to have successful... Read More

Effective Ways to Give Performance Feedback

Consequences of Not Giving Effective FeedbackLet's take a look at... Read More

Preparing a Budget

Ok, you say, I know I need a budget, but... Read More

Increase In-House Nursing Homes Collections

The following nursing home collections report outlines 11 guidelines you... Read More

Interviewing: How to Stay Out of legal Hot Water

Some interviewers ask great questions; others ask dumb questions; and,... Read More

Islam in the Workplace

Suggested practice for HR personnelMuslims now form one of the... Read More

Does My Bum Look Big in This?

If a good manager asks his workforce for their opinion... Read More

10 Steps Towards A Stress-Free Introduction Into Management

Becoming a manager for the first time can be an... Read More

Performance Evaluation: How To Create Change


Optimizing Your Cash Flow With Proper Accounts Receivable Management

Businesses miss on growth opportunities and even close their doors... Read More

Lack of Operations Manuals Stunting Your Growth?

Lack of Operations Manuals stunting your growth?CONTENTS:1. Do you lack... Read More

Empowering Others - Giving Them Some Control

It's been a pretty good weekend around the place -... Read More

Problem Solving

When problem solving, you may recognize that you were working... Read More