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business affairs Tagged Articles
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Should the UK and the Eurozone adopt America’s Chapter 11 format for bankruptcy?
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| In America, when a company gets into difficulty it can file for what is called Chapter 11 which is named after the U.S. bankruptcy code 11. Chapter 11 is a form of bankruptcy that involves a reorganisation of a company's business affairs and assets and it generally filed by corporations that require time to restructure their debts.
In essence, Chapter 11 gives the company a fresh start, subject to the company's fulfillment of the obligations under its plan of reorganisation. Whereas in the UK, for example, a company has to either go into receivership or liquidation.
Where a company goes into liquidation the business ceases and the company's directors appoint a liquidator to sell the assets of the company in order to pay off as many of it's creditors as is possible. |
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Lesson #1: Live by the Golden Rule
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| “I can say unequivocally that every decision we make at Mary Kay Cosmetics is based on the Golden Rule,” said Ash. “Do unto others as you would have them do unto you.” |
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Lesson #1: Employees are the Engine of Your Company
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| “I always felt that our people came first,” says Kelleher. “Some of the business schools regarded that as a conundrum. They would say: Which comes first, your people, your customers, or your shareholders? And I would say, it's not a conundrum. Your people come first, and if you treat them right, they'll treat the customers right, and the customers will come back, and that'll make the shareholders happy.” |
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Home Based Businesses - Why Are They Better Than Conventional Jobs
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| Home based businesses are great and conventional jobs suck! This is especially true if you dislike your job, your employer and/or supervisor. A home based business is the current trend for thousands of individuals looking for financial relief as a result of the current economic climate. |
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The One Business Rule You Don't Want To Break
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| Tired of feeling overwhelmed, overworked or over the edge in your business? Have your "to do" lists become insanely unmanageable? Are your business results sadly lagging behind all your hard effort? Most business people have heard of the 80/20. Yet less than one out of every 10 individuals actually apply it on a consistent basis in their business affairs. As we start into a new year, wouldn't it be nice if you doubled, possibly tripled, your business results with half the effort and time? Read this article and find out how. |
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Balance for small business owners
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| A brief discussion on creating balance for the life of a small business owner. |
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Other business affairs Related Articles
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How to Seize Control of Your Finances
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| I'm always amazed that so many people spend most of their life at work and totally neglect their personal affairs. Many business people I coach want to get their professional lives in order, and often admit that their personal affairs are in chaos. |
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The One Business Rule You Don't Want To Break
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| Tired of feeling overwhelmed, overworked or over the edge in your business? Have your "to do" lists become insanely unmanageable? Are your business results sadly lagging behind all your hard effort? Most business people have heard of the 80/20. Yet less than one out of every 10 individuals actually apply it on a consistent basis in their business affairs. As we start into a new year, wouldn't it be nice if you doubled, possibly tripled, your business results with half the effort and time? Read this article and find out how. |
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How to Get Your Rear Into Gear at the End of the Financial Year
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| As the end of another financial year comes to a close, I thought it would be ideal to focus this newsletter on your personal affairs.
I'm always amazed that so many people spend most of their life at work and totally neglect their personal affairs. Many of my clients want to get their business organised yet often admit that their personal affairs are in chaos. |
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Saying Goodbye to Defensiveness
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| Part of fully claiming your own life is learning the steps to stay “in your own business”. What that means essentially is staying focused on your own affairs, rather than determining what those around you “should” or “should not” be up to. |
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You Can Juggle a Franchise and a Family
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| Juggling work and family is very easy with franchising, as the franchisor helps the franchisees with many things. Still, try to maintain a separate timing for business and family affairs. |
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Why Franchises Fail
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| According to the U.S. Department of Consumer Affairs, about five percent of franchisees fail. Any number of factors could be responsible for this failure; however, such failure can nearly always be prevented by doing your due diligence at the outset. |
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When Generations Collide
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| Managing midlife affairs among generations has never been easy, and there's no quick fix. To be successful at it, you've got to start talking NOW. |
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Realtors Only...Vocation, Vocation, Vocation
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| Over the past eight months I have been observing and consulting in the Real Estate industry. I have the utmost compassion for their state of affairs and the struggle that many have had during the ongoing downturn in the industry.
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Are You as ‘Good as Your Word’?
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| Giving our word and standing by it and being steadfast and reliable in our affairs are measures by which we judge commitment and integrity. For this reason, agreements—both spoken and implied—should be given thoughtful and careful attention. |
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Finding Inspiration In A Tough Economy
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| If you feel down about the current state of affairs, look around your local community and find the ordinary people who are still doing extraordinary things. Get to know them. Find out the "why" behind what they're doing... it'll inspire you.... |
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