For the millions of amateur inventors, entrepreneurs, and small business owners looking to make it big in the world economy, there are a number of obstacles in their way. As soon as someone turns an idea into a business model, they face competition from a variety of sources. There are usually small businesses that pop up to provide a cheaper alternative to a business owner’s product. Corporations will also recognize the success of a small business and market a similar product with their considerable advertising money. As well, the online marketplace means that a small business owner faces an uphill battle for attention in their specific corner of the market.

(more…)

Running a small business or start up can be a daunting task because most of the primary day to day responsibilities often fall on the shoulders of one or two owners. There are a multitude of tasks to keep track of, including accounting, hiring, marketing, financial forecasts and deadlines for clients. Sometimes, it can be overwhelming for one person to juggle so many different tasks simultaneously.

I’d like to take a moment to go over several simple tools and methods to help small business owners keep track of and prioritize the various tasks involved in operations.

1. Use a Whiteboard

(more…)

Costa Rica has been dubbed “the Silicon Valley of Latin America” due to its business friendly approach to this growing global economy.  As large multinational companies such as Intel, Hewlett Packard, Microsoft, Acer, Amazon.com and Abbot Laboratories take advantage of Costa Rica’s pro-U.S. tax laws, financial security, highly educated workforce, modern infrastructure and technology including fiber optic high speed internet, T1’s, E1’s, satellite backup for phones and internet etc. it’s own economy is now shifting.

(more…)

Looking for a personal assistant to conclude all of your business tasks without problem… how about the idea of hiring a Virtual Assistant? Advent of technology has simplified the things and now you can avail an impeccable assistance without hiring a personal assistant. Virtual Assistance is the creative idea of providing on-call/ online support. These assistants work continuously to offer you a virtual support in completion of assorted variety of tasks.

But to hire a dedicated online virtual assistant, you need to keep some points in mind. Read on to know the tidbits that can help you in appointing a worth virtual assistant.

• (more…)

Whether it’s GE or Motorola, in manufacturing, Wal-Mart or Home Depot in retailing, or Southwest Airlines in the service sector, thriving businesses and their employees are practicing ten key essentials. We call them the ten commandments of speed.

They are:

1. Focus On The Customer – They sign everyone’s paycheck.

(more…)

Outsourcing is one of the most cost effective and reliable ways to manage your business’s customer service. One customer service position that can easily be outsourced is data entry, quite frankly for time and cost saving purposes alone it should be outsourced, there is no reason to manage data entry in-house in today’s global economy.

(more…)