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July 2005
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Main Page  »  Entrepreneurship  »  Planning A Successful Small Business
« Previous 5 articles
Tuesday, July 26
View Article  Is this about Ethics or it about Wise dealing?
by Mike McLoughlin on Tue 26 Jul 2005 11:23 AM PDT

In the Outer has a post about Marketplace Ethics, Part I. I don't think this is about ethics, I think it is about wise dealing.

Customers pay for value received.

If another company can provide the same value that you provide at half the cost then you need to examine your business model and figure out a better way of providing that value.

If a competitor cuts the price ...   more »

Permanent Link  |  Cosmos
Wednesday, January 19
View Article  Planning A Successful Small Business Seminar Introduction
by Mike McLoughlin on Wed 19 Jan 2005 09:37 AM PST

O

ver the past 10 days I have posted a series of articles that were written for the workbook - Planning a Successful Small Business. Here is a list of the articles and a description of the seminar.

Seminar Content

Serving God's Purposes in Business

Most of all, Succeed in Love

Purpose beyond Profit - Principles for True Success

Commit Your Plans to God - Planning for Success

Conduct ...   more »

Permanent Link  |  Cosmos
Tuesday, January 18
View Article  Fireproof for God - True Success in Adversity AND Prosperity
by Mike McLoughlin on Tue 18 Jan 2005 09:12 AM PST

D

avid Livingstone came to Africa with a vision to end the slave trade.   He proposed to accomplish his vision by preaching the gospel to the people of Africa and opening the interior of Africa to lawful commerce.

He said to a friend in a letter written in 1865: "I would not consent to go simply as a geographer, but as a missionary, and do geography by the way, ...   more »

Permanent Link  |  Cosmos
Monday, January 17
View Article  Serve Your People - Staffing for Success
by Mike McLoughlin on Mon 17 Jan 2005 09:02 AM PST

A

 contemporary definition of management is "getting things done through people".  For the workers to do the things management wants done, they must be motivated to do those things. The typical way in which management gets things done through people is by exercising its authority over people. The motivation is a "carrot” or “stick" approach. The carrot is the monetary benefit of employment; the stick is ...   more »

Permanent Link  |  Cosmos
Sunday, January 16
View Article  Source for Eternity - Budgeting for Success
by Mike McLoughlin on Sun 16 Jan 2005 09:50 AM PST

B

udgeting. What is it? A fundamental maxim in the discipline of accounting is the principle of Conservatism. This principle states that revenues should be underestimated and expenses overestimated so that the risk of loss will be minimized in the business enterprise. Risk is an ever-present reality in the planning of a successful small business. Entrepreneurs risk their capital investment to produce products and services. Banks risk their money when ...   more »

Permanent Link  |  Cosmos