Manage Your Money

Its a fact that 65% of Americans don't have at least $1,000.00 in their savings. Its also a fact that over 75% polled are in fact living from one pay check until then next. What makes these facts even more disturbing is that if any of these people happen to loose their jobs or have any type of emergency, they don't have any type of capital to help them in their time of need. That's why the staff at What America Needs came up with a simple formula that can help any American safe at least $1,095.00 per year. How you may ask? By saving $3.00 per day. That's right $3.00 a day, less than the cost of a happy meal  at McDonald's and the price of an average energy drink one can save $1,095.00 a year. Its a fact every American adult spends about $15.00 per day on things they don't need , like snacks or other items. That's over $5,475.00 per year! Now you know why convenience stores and fast food chains make so much money. In fact each of these businesses average at least $7.00 per person that walks into their doors. It would only make sense, to know that almost every American despite their income can save at least $1,000.00 per year, after all it's only $3.00 per day.Yes, you to can save once you learn how to, Manage Your Money.

W.A.N. 

Saving tips,

$1.00 per day = $365.00

$3.00 per day = $1095.00

$5.00 per day = $1,825.00

$10.00 per day = $3,650.00

$15.00 per day = $5,475.00

$20.00 per day = $7,300.00

These numbers are based off of each day of the year which equals 365 days.

Building Your Business

Its a known fact that 90 percent of all new jobs in the United States of America were created by small business. Every new or old business were created by one or two very creative individuals with the ideal of owning and running their  business. The question is how does one start or build their own business? First with an ideal, then with a plan to aggressively, put their ideal into action. I recommend anyone who happens to have a great ideal, to first write it down on paper, store it on a hard drive or smart device, so that particular ideal doesn't get lost. Most great ideals are lost because the person or persons who thought of it simply forgot to write it down.

 Research your ideal then make sure there is an active market for your products or services.The next step is to put it into action, even if its on a small scale every new ideal should start off as soon as possible. After that is done is when one should come up with a name, then immediately incorporate their business.The reasons for this is because once a person makes their business their passion, the greater chance that their business or ideal becomes a reality. Then let the world know about your new business. Most businesses don't acquire any clients because the new owner hasn't told their family members or friends about their new business. Today there are many social networks available where one can advertise their business for free.Word of mouth is still a very successful and proven way to market any new or established business.Always treat each new client or customer with respect and provide great service, that way the business will keep on growing. Even when a business or company is experiencing slow periods one should never give up on their ideals or business. Be patient,  part of building any business, is finding new ways or ideals to get referrals and create new business.

Good luck,

W.A.N.

These are my simple steps for starting ones own business.

(1) Write down then store the relevant information when it comes to running your new business.One should never forget to get the necessary licenses or permits before opening their business.

(2) Create, then come up with a name of your new business and incorporate your new company.

(3) Open up a business bank account at one of your local banks or credit union.

(4) Purchase business cards and market yourself through family, friends and all available social networks.

(5) Stay active, advertise, promote and never give up on your business.

More Money More Problems?

Recently I talked to a friend of mine and asked her why hasn't she moved up in the company that she has been working for over 12 years? Her answer kind of caught me off guard when she said the reason why she hasn't accepted a higher position, is because with higher pay come more responsibility, that she wasn't ready for. Then I said to her, you gave this company 12 years of your life, isn't that better than accepting a 20 to 50 cent raise every year? After all I explained you have showed up faithfully for 12 years, you know how to do all the jobs and you have out grown your position there. If you don't move up to the next level, very soon they will lay you off and pay someone new a lower wage to fill that position.Then she looked at me and said that isn't fair! Then I said that's business , no one wants to pay someone a higher wage to do something a lower wage employee can do effectively. Then I said, of course if you move up and your wages increase there will be more responsibilities that come with it. That's why people who take the higher positions get paid a higher salary, to handle problems that lower wage employees or workers can't.When the lower wage employee is capable of handling those issues or problems is when they have out grown their positions.

Its a fact that most companies are searching for new people to lead their companies, not realizing that there are already very qualified candidates or individuals right there within their own company. It makes good business sense to promote within, instead of looking outside the company. Doing so will encourage other employees to want to move up and the company will become even more profitable in the future to come. Yes there are many employees that refuse to take a higher position because of the pressures or problems that comes with it. But there is no one out there that doesn't want to make more or feel that they are worth more than they are being paid. Want to make more money? If you are able to handle problems, just as good or well as management ,then take a higher position within your company you work for then get paid. More money, more problems?

W.A.N

Turn Good Business Into Profits

It is the year 2014 and last year your business or portfolio has suffered. Profits or sales are down and there is no shopping at your business, store or online business.The questions are what went wrong and how can one turn around their business?What can a business owner do in this climate to restore their fortunes and turn a respectable profit?The answers to these questions are very simple, but many businesses or cooperation's ignore the basic needs or principles of running a business.Which are taking care of or providing  good customer service to their clients and hiring, then retaining good employees.There is an old business saying which still applies even today.If the company has a quality workforce or happy employees then in the long or short term the business or sales from it will increase.The real key to long term success for any business or corporations is having a happy quality workforce and strong management team, that understands the needs of its employees.Once that's in place the company should thrive for as long as the customer has need for their goods or services.

The question is how or why have so many businesses crumbled or failed in this climate?The key reasons are lack of investment, poor management skills, lack of quality employees and micro management from the owners. If management allowed their employees to do their jobs and if the owners stay out of the way, then many would have very successful business.When out of touch owners or when power hungry or know it all managers get in the way business always suffer.This also produces poor morale in the work place and in the end the company looses a quality employee. There is an old saying that my late grandmother would use often,"If it isn't broken, don't fix it".Which means, if the company or business has a formula that works, there is no reason to change it. Turn good business into profits, then the company will have happy customers and good employees for the life of the company.
W.A.N.