Category: Business

Advantages Of Business Presentation Folders

There are many advantages of business presentation folders. One of the biggest is organization. Obviously, if you plan to present your company to potential clients, it’s important to stay organized. The other big thing is that you need to recognize that your presentation folders keep circulating after they leave your hands.

Your presentation folders are going to be spending more time than you might think in the hands of your clients. Not only can a great folder put your presentation at the front of the list, but it can invite reuse.

All offices need presentation folders, you see. So, your clients may decide that, rather than throw your folder out or toss it in some sort of dead folder file, they’ll actually re-purpose it to suit their own needs around the office. You may never know it, but you folder could circulate around their offices for days, weeks or even months after you’re gone, continuing the advertising campaign for you.

Those are some very good reasons to make sure that you put your best foot forward by creating the ultimate presentation folders. On top of those reasons, though, a customized folder can also show your creative side. Anyone can put paperwork in a folder. It takes time, care and imagination to make the folder part of the pitch, though. Companies are apt to recognize that extra effort.

Digital printing has made it easier than ever to make that extra effort. In fact, you can even design your own folders right on your computer. All it takes is a little time and templates, which you can download from your print company’s website.

The age of digital printing also means that you no longer have to buy folders in bulk. You can order them in any amount, including single folders. That saves money and also helps to save the environment.

Speaking of saving the environment, another great thing is that you can order folders that are made out of recycled materials. Not only will that give you a good feeling that you’re doing your part to save the environment, but it will also impress many of your clients.

In fact, you might influence your clients to recycle your folders themselves around their offices. After all, extra file folders always come in handy. That means that your company logo and mission statement could be seen a lot more often and by a lot more people than you expect.

So, regardless of what sort of presentation you’re creating, be sure to create the right folder for it. Whether you use gussets, bright colors or special business card holders, it can really make your presentation pop. In fact, for a little added flair, you can even customize the size and shape of your presentation folders. The choices are entirely up to you and the possibilities are only limited by your imagination.

The Characteristics Of Business Correspondence Translation

Business correspondence is different from the ordinary means of communication of distinct characteristics, according to conventional wisdom to follow the seven principles (namely, thoughtful, complete, accurate, specific, concise, clear and polite), whose objective is to maintain a good business relationship, effective communication and conduct of normal business dealings. The core of efficiency, economy and simplicity as a concrete manifestation of the efficiency. Lies between the two fundamental Economic and inability to express a clear and efficient, efficiency is the goal, the content is the carrier, the two complement each other, are indispensable.
(A) the stylistic features of
Nida’s dynamic equivalence theory emphasized: the process of reorganization and integration of Information should be considered in the structure of discourse, especially the style. He will be divided into five style categories, both professional and stylistic, formal style, informal style, casual style, intimate style. According to his classification, business correspondence as it involves import and export business, and with banks, customs, transportation, legal and other professional knowledge is inextricably linked to, you can basically attributable to the professional style or formal styl
(B) the linguistic characteristics
Business correspondence in which the three principles of ‘accurate, concise, clear’ are the language requirements, ‘considerate, courteous,’ is the attitude and point of view against the requirements. ‘Integrity’ is the format of the request, while the ‘specific’ is a closed correspondence on the whole content of the overall requirement is to require the words to avoid white elephants, the content can not deviate from the center to express. Business Correspondence involves not only a unique professional background, but also a practical business skills, their linguistic characteristics can be summarized in two: business correspondence involves covering trade, finance, foreign exchange, customs, commodity inspection and many other fields, showing characteristics of a variety of industries Therefore, the selectivity of strong language; the specific mode of thinking of business people, cautious, pay attention to language of the sense of proportion. Embodied in the expression of straightforward, simple and bright, and light on the modification. Standardized terminology, grammatical structured, ordered the sentence in general a fixed and orderly. Discourse coherence, logic, and strong.
Business correspondence translation rather biased towards the ‘practical effect’, its main function is to deliver accurate financial information, rather than in order to achieve aesthetic effects and enjoy the results; according to different purposes, using different means to deal with different content; more stylized, the content does not Allow mistakes. Thus, the translator on the one hand need to understand, familiar with professional jargon, terminology, translation of meaning of the faithful and precise terms; the other hand, as much as possible with the right language, etc., would be relevant information more concise and accurate expression. As the commercial communications related to English and Chinese language translation and application, and the correspondence has its language, grammar, sentence structure, etc. specificity, coupled with cultural differences between Western and other factors, which determines the translation can not be in business correspondence is the absolute right and so on, but a relative and dynamic equivalence. Therefore, the dynamic equivalence theory in business correspondence translation plays an important role.

Five Steps To Planning A Successful Business Exit

A business owners exit is a once-in-a-lifetime transformation. Were not talking about selling a house or a car. This is a complex process that requires the technical expertise of a team of trusted advisors. The key to any successful business exit is planning. It must begin with personal reflection on the part of the owner regarding what he or she wants out of the business exit. Only then can the owner, along with his advisors, design an appropriate exit strategy. The five (5) planning steps outlined in this article are designed to help business owners define their personal goals, understand all the transfer options and work with an advisory team to execute a successful business exit plan.

Step 1: Define the Personal Goals of the Owner

Since personal goals intertwine so closely with the daily existence of a private business owner, it only makes sense to begin with the basic albeit crucial question, What do I want to accomplish with my business exit? The answer seems obvious–make the most money after taxes and fees. Often, however, it isnt this simple. Owners have nourished and raised their businesses from infancy; they typically care a lot about who will take the reigns. Family members might also be involved in the business. Their fate will also be dependent upon what the business owner ultimately decides.

Aside from money, other motives for a business exit can include transfers to family, transfers to employees, transfers to co-owners, partial transfers to gain some liquidity today but still run the companys day-to-day business, or an initial public offering. The decision often comes down to a question of liquidity. A substantial source of liquidity outside the business makes for a much easier choice.

However, more often than not an owners wealth is tied up in the business. The owner must therefore balance his financial and interpersonal goals in order to find the best possible exit strategy. Therefore, an assessment of the range of values for the business is the crucial next step.

Step 2: Understand that a Range of Values Exist for the Business

The value of a privately-held business depends largely upon who buys it. Its not as simple as watching the ticker tape for todays stock price. The type of buyer can impact both the price placed on the shares (or assets) of the business and the tax consequences to the selling owner. Value (net transfer price) is therefore a range concept.

Internal transfers to employees, family, and co-owners provide fewer dollars up front, but allow for greater control of the business, continued income, and flexible timing and tax characterization of payments to the exiting business owner. By contrast, External transfers to other industry players, financial groups, or by initial public offering command more liquidity up front while the owner relinquishes more control over the Company and the timing and tax characterization of payments. A closer examination of the transfer options can help an exiting business owner determine the right balance of money and control over the future of the business.

Step 3: Examine the Options Available for the Transfer of Shares

There are seven (7) primary purchasers of privately-held business stock (or assets). Below are listed the Parties to the Transaction and Types of Transactions Available (samples; not a complete list)

Internal Parties:

Employees – Employee Stock Ownership Plan (ESOP)
Charity – Charitable Remainder Trust
Family- Gifting Program
Co-owners – Leveraged Buyout

External Parties:
Financial Groups – Recapitalization
Industry Buyers – Acquisition (at Synergy Value)
Initial Public Offerings – IPO (at Public Market Value)

Based on the primary goals defined in step one (1), an exiting business owner chooses the party to whom the business will be transferred. That designee, once chosen, will determine the limits or expansion of the Value. At the end of this phase, the process comes full circle as the Value (after taxes and fees) is matched against the owners goals. If the two meet as one, congratulations! A successful business exit strategy has been devised. Now its time to execute.

Step 4: Provide Full Financial Disclosure to the Buyer

This step isnt going to be easy on the business owner. Assembling financial records and presenting them to a buyer/successor is a very time consuming, very personal survey of how the business is run. It can be huge psychological block for many exiting owners. Remember, any savvy buyer (or successor) to a business will need to understand the financial condition of the Company. When an owner fesses up to any creative accounting they may have employed over the years to help build wealth and reduce tax bills, the process goes smoother. Full disclosure is the best path to a seamless process. There is an old saying – if the truth will kill a deal, then there is no deal.

Not only that, but it may reward the owner in the end. Full disclosure is not about passing judgment, but instead affords the buyer (or successor) an opportunity to assess the businesss true profit potential. The astute exiting business owner will recognize this in advance. Why? Because most creative accounting practices depress the profitability of a business. Clear those away and the Buyer will recognize a higher earning power and in turn a higher Value for the Company.

Step 5: Assembling the Advisory Team No One Should Go It Alone

Planning and executing a successful business exit strategy is a complex process that requires the technical expertise of a team of trusted advisors. Its not the time to take short cuts or pinch pennies. Time and money should be invested in assembling the right team of advisors; a successful business exit is more than worth it. It should be viewed as an investment in success.

We must understand that business owners are independent self-starters. If they werent, their businesses wouldnt be so successful and we wouldnt be talking to them. But some of their strengths and characteristics can lead many business owners to attempt the do-it-yourself business exit strategy. This can create an unnecessary drain of time and money on both the business owner and their business.

A business owners exit is a once-in-a-lifetime transformation. It is an important milestone that is sure to provide any business owner with one of the most challenging yet satisfying sense of accomplishments.

So remember, planning is the key to any successful business exit because a proactive approach to an Exit Strategy is the only approach to a successful Exit Strategy. If youve come to the end of this discussion, youre already ahead of the game.

The Importance Of Unity In Business

Unity is a term that many people may not associate with business. However, unity is a key principle that can be applied both to people and to technological systems in a business. Unity between workers and unity between systems can lead to vastly higher production; more importantly, unity and good morale leads to satisfied workers who will perform gladly, rather than simply out of duty or even lesser motivations.

Good morale is a symptom of unity in business teams. By good morale we mean esprit de corps — a fellowship that’s created by working together in a common enterprise. Sometimes we may mistakenly think of businesses always being about making money. Pragmatically this is true. However, the best businesses tend to incorporate something more abstract and usually more important than seeking for profits.

Take for example Howard Schultz’s philosophy about Starbucks. In his book Pour Your Heart Into It, Schultz mentions the aim of the company in creating a neighborhood oasis — a place where people can come in and ponder questions over a cup of coffee and listening to jazz. While the coffee is the product and the purpose of the business, the abstract ideal of creating an oasis drives what Schultz does.

In the same sense, business owners would be wise to give their workers something to unite under. What really matters for owners is identifying what’s really important to them and incorporating those ideals in their business as a rally point. For military members, service to country and the protection of personal freedoms are the ideals that unite them. While it’s probably quite hard to find better ideals than those used by the military in creating a business, it’s necessary to use something similar to it since by doing this people can feel like they’re part of something bigger than themselves.

When they feel that way, and are fairly compensated for their work, they will work hard. If business owners fail to incorporate lasting values and ideals into their businesses then they are likely to lack the unity among workers that would propel their business into the stratosphere. The principle of unity must also be applied to technological systems, although the application of unity to technology occurs by a far greater concrete process than applying it to people.

With technological systems some businesses have found it wise to hire consultants who are experts with given technological companies. Microsoft consulting occurs regularly as businesses hope to take full advantage of the rapidly advancing software tools being produced by Microsoft and other large companies.

It is important to make sure that systems work together since businesses rely increasingly on technology to function. While the increased functionality unlocked through the internet and software for businesses is potent, oversight in producing harmony between systems can cripple a business. Whether through avenues like Microsoft consulting or in house consulting, businesses must have unity within their systems as a basis for a unified working force.

When unified people work on unified systems the best results can be achieved.

Exam A00-240 Sas Certified Statistical Business Analyst Using Sas 9 Regression And Model Credential

The Statistical Business Specialist qualification is appropriate for professionals who fix business problems by doing statistical Analysis and predictive Model using SAS/STAT program.

SAS statistical program allows companies to understand from, implement, and improve on details acquired from wide stores of details. The SAS Certified Statistical Business Specialist Using SAS 9: Regression and Model qualification is designed for SAS professionals that use SAS/STAT program to execute and understand complex statistical details analysis. The qualification specializes in directly line and logistic regression methods used to make predictive styles. A thorough understanding of essential analysis is also important.

SAS Institution SAS Statistical Business Analysis SAS9: Regression and Model
The recommended preparing for the SAS Statistical Business Analysis Using SAS 9: Regression and Model evaluation are based on Analysis 1: Launch to ANOVA, Regression, and Logistic Regression and Predictive Model Using Logistic Regression applications. While no evaluation problems will be drawn the same from the applications or course exercises, these applications will provide candidates with a platform from which to implement the capabilities and details necessary for the evaluation. Experience is an essential factor to becoming a SAS Certified Professional.

Statistics 1: Launch to ANOVA, Regression, and Logistic Regression

This starting course is for SAS application customers who execute statistical Analysis using SAS/STAT application. The concentrate is on t assessments, ANOVA, and directly line regression, and has a brief guide to logistic regression. This course (or comparative knowledge) is a precondition to many of the programs in the statistical analysis program. A more innovative therapy of ANOVA and regression happens in the Analysis 2: ANOVA and Regression course. A more innovative therapy of logistic regression happens in the Specific Information Analysis Using Logistic Regression course and the Predictive Modeling Using Logistic Regression course.

Learn how to generate illustrative statistics and discover data with charts, perform analysis of difference and implement several evaluation methods, perform directly line regression and evaluate the presumptions, use regression model choice methods to aid in the choice of forecaster factors in several regression, use analytic statistics to evaluate statistical presumptions and recognize potential outliers in several regression, use chi-square statistics to recognize organizations among categorical factors and fit a several logistic regression model.

Predictive Modeling Using Logistic Regression

This course protects predictive modeling using SAS/STAT application with concentrate on the LOGISTIC process. This course also talks about choosing factors, evaluating styles, dealing with losing principles and using performance methods for large data places.

Learn how to use logistic regression to model an person’s actions as a operate of known information, create impact plots and possibilities rate plots using ODS Statistical Model, handle losing data principles, tackle multi co linearity in your predictors and assess model performance and evaluate styles.