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Continuous Improvement of Business Audits

An effective audit process will mean that audit teams will be taking a systematic approach to gathering and interpreting data and information. In order to maximise the value of the outcomes of the audits the management should: Accept that the audit activity needs appropriate resourcing, including training of auditors, education of operational and management staff, and physical and financial funding. If any of these are inadequate, then the quality of outcomes will suffer. Accept that there will be limitations to the data gathered and the outcomes produced, not least because of the influence of the quality and quantity of resources allocated to the audit activity, but also because of the varying standards of judgement and interpretation that may be applied to the outcomes; Focus on trends, take appropriate corrective action on specific issues, but look for trends and patterns that indicate underlying, hidden, problems that need addressing;  Ensure that the auditing activity is flexible and adaptable, in order to make it compatible with the culture and structure of the organisation, rather than adopt a rigid, unchanging process which is likely to be inappropriate and producing inaccurate results; Challenge the findings, the audit process will not be infallible, and should be challenged continuously to ensure that it is, itself, performing effectively; Apply the highest possible standards to the interpretation of results and judgement on what action to take, this requires training, experience, expertise, awareness of the internal and external environment, and an awareness of the impact of proposed changes on the motivation and morale levels of staff and managers, and an ability to forecast the impact on the operational and strategic objectives.

However, there are some dangers that must be avoided in order to maximise the effect of the audits. These include: Overload of data and information, the result either or too many audits being scheduled in general and-or the unnecessary auditing of areas of activity that are obviously performing well. This can be avoided by targeting the audits and schedules more thoughtfully; Overload of improvement recommendations, not in itself a danger, but the organisation can find it impossible to resource, in terms of budget, time, or human resources - all the improvements identified. The answer is to prioritise, focusing on those improvements that will bring greatest value to the achieving of the organisation’s objectives; Complacency, where results are apparently positive in most areas, there is a danger that management will become complacent. By adopting the kaizen continuous improvement approach to auditing, this should be avoided; Over-reliance on the auditing process, by leaving the identification and correction of poor performance to the audit process, rather than the audit process at least in part confirming that positive, continuous improvement activity is taking place; Managers ignoring the relevance of audit findings the most damaging response. If managers do not take the audit results and recommendations seriously and refuse to implement, or only half-heartedly implement the required changes, then the value of the audit process is wasted.

Although the auditing should be scheduled to examine all processes and activity on a regular basis, there is a need for additional emphasis to be given to auditing poor performers. These are activities, processes, functions, systems, where problems are visible of suspected, but the causes are not certain and need further investigation. In these cases management should arrange for ad hoc audits, and-or for these areas to be given priority in current or imminent auditing activity. It is not acceptable to rely on a generic auditing approach. Not dealing with visible or suspected poor performers immediately will allow poor performance to cause immediate and possibly long term damage. Inevitably, the longer the problems remain unaddressed, the more difficult it will be to take corrective action.

There is a danger that management will see only the audit results and concentrate on the decision making as to what improvements to make, and how to implement these. However, management must remember that the audit results are drawn from the activities of people. This means employees, operational staff, managers, specialists, suppliers, customers, stakeholders. Feedback, shaped and delivered in an appropriate manner, depending on the target group, must be seen as an essential element of effective auditing and successful implementation of changes. Not informing people of the rationale, the purpose, the results, and the positive contribution made by auditing, will lead to low morale and motivation, dissatisfaction, and possibly conflict.

It is essential that the improvements generated by the audits strengthen the organisation’s capability to compete. In order to ensure this happens, management will need to be aware that: It will often be necessary for improvement action to be prioritised. Where this is the case, then those improvements that will contribute the most value to the organisation’s competitiveness should be given higher priority. This is a responsibility of management, who will need to be appropriately skilled in this task; The business sector and general external environment is changing rapidly, and even relatively recent outcomes and improvement recommendations may no longer be appropriate due to significant external changes. This requires management to be alert to such changes and to have the ability to interpret how their organisation should best respond; After improvement changes have been implemented these will have, by default, altered the nature of activities and processes, and will need monitoring, auditing, to ensure that the effect is positive. It is highly likely that most changes made will need adjustment, especially in the early stages after implementation. This must be an integral, high profile, element of the change process.

Business Performance Audits are critical to the success of the organisation. The specific functional, process, and activity improvements generated by the Performance Audits are important and must be visible supported by the management. However, strategic and operational priorities will be constantly changing. Senior management must also ensure that the audit activity contributes positively and supports the strategic direction that the organisation is taking. It is the responsibility of senior management to continuously monitor the effectiveness of the auditing activity in the light of this requirement, and make appropriate changes if necessary.

To obtain the maximum benefit from Business Performance Audits the management must view them as a critically important element of the business. Appropriate resources must be allocated to the activity itself, to the interpretation of results, and to the implementation of improvements generated. Auditing must be integrated into the continuous improvement approach of the organisation. In addition, the objectives of the auditing process must be to generate improvements that contribute positively to operational and strategic objectives. If this approach is taken by management, then the organisation will benefit greatly from the continuous improvements that an effective auditing process can deliver, enabling it to continue to perform to the best of its ability.

Most Common Employer Complaints

Large companies will often have large offices with many employees working in cubicles. The cubicles may give the worker a feeling of being alone, but it is important to remember that you share the space with your coworkers. Here are some important tips on how to act in world of cubicles.

Disturbing your co-workers:

Being a disturbance to the rest of the office is one of the most commonly reported complaints about a worker. It is not good to be known as the noisy one in the office because what will happen is one day the boss will ask someone why the report or whatever they were working on was not done in time and to cove their butts they will blame you for distracting them from their work.

Talking Behind their Backs:

Getting caught talking about co workers behind their backs is the most common cause of hostile environment lawsuit. This is why many companies will immediately fire someone who is found to be talking about the other people in the company to cover themselves from being sued. My advice is to keep what you hear or see to yourself.

Communicating with the Real World

Bosses know that their workers are going to make and receive personal phone calls and emails when they should be working, but that does not mean it is acceptable to spend all day having conversations over email or constantly having to go outside to take phone calls. Some bosses actually expect you to do some work while they are paying you. It is also important receive large attachments at work. Receiving thinks like video clips can take up much of the offices bandwidth for the time it take to receive them. This means that the other people who may need to use the network resources may be denied because of your download and I can tell you from experience that this angers bosses.

Sit at you desk:

It is not uncommon to walk around the office to have a chat with another co-worker, very often you may have to talk to someone about some work this is perfectly acceptable, and to share pleasantries is expected but to spend 10 minutes talking about non work related subjects is a bit much. The more time you spend away from your desk on non business related things the more your boss may start to think how necessary you are to the company.

Lunch:

Eating at your desk is fairly common in a busy office, but try not to bring or order food that has a strong smell or is wrapped in a wrapper that makes too much noise when you open it.. As much as you may enjoy the smell of your food others may not. Try to bring in food that does not have any odor that someone else can smell. And loud wrappers can get on peoples nerves and can cause resentments that can come back to haunt you in the future.

Cologne and Perfume:

Work is not a night club. Many of the people you share your office space with may be fine with the smell of your perfume or cologne, but some people do not like the smell and depending how strong the smell is, it can give some people headaches, so whenever possible please do not wear any strong scents to the office.

Cubicle Decorations:

Our cubicle is not your own personal space it is a place of business. There is no reason to fill your cubicle with little knick knacks to make it more like home. Here is a little secret your boss does not want you to feel at home he wants you to feel like you are at work. When you feel more relaxed most people are less productive, and when people visit the office it does not look professional.

Watching the way you act and being courteous to your fellow workers can make a difference between having a career with the possibility of raises and promotions or a dead end job.

Home Based Business Ideas for the Health and Fitness Industry

If you're considering your own home based business, the "health and fitness" industry is a great place to start. There are millions of people of all ages searching for good health tips, products, health advice, vitamins and minerals, etc. So, there's an ongoing need for health-related businesses - both online and offline. Here are some great ideas for starting your own health related home based business.

Focusing on a Woman's Health

A woman's health is very important to her. You can start a home based business based on health and fitness for women only. Women are always trying to lose weight, improve health, and discover the secrets behind true health. You can build a home based business that offers advice for women and "improve your health" products such as vitamins, minerals, diet foods, recipes, etc.

Men's Health and Fitness

Men are typically not as weight-conscious as women, but they do like to stay in shape. If you want to establish a home based business centered on men's health, focus on fitness and exercise. Offer exercise tips and products or vitamins that can help build muscle strength and increase energy.

Weight Loss

If it is weight loss that interests you, you can start an entire home based business about weight loss for men, women and children. You can promote only one weight loss program or a variety of weight loss programs. With a weight loss website, you can offer almost unlimited tips, recipes, articles, etc. Also, you can dedicate sections of your site to fitness and exercise. The possibilities are endless!

Start a Health Newsletter

You can also start your own newsletter about health-related issues. With a newsletter, you can offer it free to subscribers and charge for advertising. Advertisers might be retailers of vitamins and minerals, exercise equipment, health foods, weight loss products or programs, doctors, etc. You can also start a newsletter to promote your own health-related home based business. An online e-zine is even better!

Join with Experts in the Field

If you feel uneasy about starting a health home based business on your own, or simply don't have the expertise needed for such a venture, you can easily team with others who are knowledgeable about the health industry. Some companies, such as USANA, enable you to sell their products, and they do all the groundwork and research for you. So, you can start a home based business in the health industry with little or no prior knowledge.

Helping others to improve health, lose weight, or get in shape can be both a rewarding and lucrative home based business. Discover your rewards while the industry is still booming!

What you need to be a Dropshipper

First off, you will need products to sell. Be very carefull when looking for dropshipping suppliers online there are many unscrupulous people that will take advantage of you. There are a couple of rules to follow when choosing a dropshipper. One, a real dropshipper will never charge you a fee to sell their products. Two, a real dropshipper will want proof that you are a legitamate business. They may ask for any or all of these; Business License, DBA, Federal ID (EIN), and/or Sellers Permit. A very good source of real wholesalers is the WorldWide Brands OneSource Directory. They sell a directory of REAL dropshippers and light bulk wholesalers that they have resarched for you.

Secondly, you will need a venu where you can reach prospective customers. You may want your own website or to sell your products on ebay. For your own website you will need  a domain, a webhosting account, and shopping cart software. EZ Dropship Cart is a great cart for dropshippers. Ebay is also a great way to reach perspective customers, the only problem you may run into is that some manufacturers place no auction restrictions on their products.

Thirdly, you will need a way to accept your customers payments. Paypal is a fast easy way to get started, you pay fees only when you have transactions. While credit card processors offer lower per transaction fees, they require setup fees and monthly fees that are geared tword large voulme sales.

Lastly, you will have to get Legal, this is where most people faulter. They think it sounds hard, complicated, and expensive. And actually it isn't any of those. Just visit your states website to find out what you need to do business. In most cases a DBA can be used in place of a Business License. But either way most states charge around $20.00. Some states, not all, require you to get a Sellers Permit or Resale Certificate. Either way all the resources you need should be available at you states home website, usually under a small business section. While you may not have any employees I highly recommend getting a fedeeral id. It costs $4.99 online and you get it instantly.

Five Ways to Make Your Organization Innovative

Creative ideas are what turn ordinary companies into market leaders. These companies see the end result first and then build a path to achieve those results.

A safety zone needs to be established. Often, failure is punished but success is not rewarded. We must remember that failure is the second cousin to success. We learn from our mistakes.

Creativity and innovation are key elements that propel businesses to the top. Without either, your company comes in second at best, and no one remembers No. 2. While being No. 1 certainly doesn't guarantee continued success, it is definitely better than being forgotten.

Here are some ways to keep your company at the top:

* Foster a business climate that's open to innovation and creativity. Innovation is the ability to come up with ideas and solutions to pressing problems. It is the process of producing something that has value and did not exist before. Creativity is the ability to take that new idea and make it valuable in your customers' eyes. Realize that every problem has a solution, although the solution may not be in plain sight.

* Become No. 1 with your clients. The more satisfied your clients are, the more business you'll have in the future. Realize that the only commodity your clients know is you. Since you are the catalyst providing the solution to their problem, you are accountable for fulfilling their needs. As a result, you need to invest time in keeping the channels of communication open.

* Create a partnership with clients. Clients recognize partnerships when the companies they work with function as problem solvers. Remember, value is something you produce by the acceptance clients place on what you do for them.

* Create a partnership with employees. Asking people to be creative and then shooting down their ideas creates a rift in your organization. Instead, show people that bringing their imagination on the journey is welcome. Information wealth flows directly from innovation, not optimization.

* Implement next-generation approaches. Replacing "rules" with "roles" will free your employees from the "we have always done it this way" syndrome. The secret is not knowing the formula; it is applying information in a way that works for your employees and benefits your clients. James Feldman is a motivational speaker and business consultant.

How to Create an Online Business with Affiliate Programs

Just ten years ago, having a Web presence was perceived as something rather exotic. Web pioneers were trying to find a way to bring the Internet to the masses, and email was still in its infancy as people battled to stay online with their dial-up connections.

What a change a decade can make! Today, there are millions of websites and virtually any person can start up an online business. Obtaining domains and web hosting are just a few clicks away, and business opportunities abound. The primary challenge is finding an online business opportunity that can bring in revenues without you having to actually sell products, stock inventory, or deal with customers.

That's where affiliate programs come in. The truth is, one of the best mechanisms for monetizing a website is through affiliate programs. Even if you've never heard of them, chances are you've seen affiliate programs on hundreds of websites. They are the buttons and banners and links that advertise ecommerce sites both large and small. Every time a person clicks from your website to that of an affiliate website and that person buys something, you get a percentage of the sale. Although the percentage is relatively small, the more traffic you drive to your website, the higher your clickthroughs and the higher your sales.

Although some people are willing to invest an incredible amount of time signing up for individual affiliate programs and building their own websites, there are actually companies that will do the legwork for you. In fact, they will provide you with your own domain or domains and you can reap the rewards of a variety of affiliate programs.

The best online business affiliate programs will set you up with an interesting website with a variety of affiliates. Here are some examples:

Auctions: One portion of your home page can be a portal to eBay auctions, and actually list many of eBay's main categories. It also might have a banner ad that lists auctions that are ending soon, as well as an in-banner search box so visitors can search for items of interest.

Shopping Malls: Another section of your home page might be dedicated to affiliate ads from a big company like amazon.com. As with the auction section, the navigation bar will list a number of amazon.com categories and will take your website visitors to the area in which they're interested.

Nutrition: You might also have several smaller graphics that are affiliates of nutrition companies, and that sell, for example, bodybuilding or weight loss supplements. Similarly, you may have affiliate links for ecommerce sites that book vacations or that sell flowers, electronics, or supplies for pets.

Beyond the affiliate links, your website will also have interesting and useful up-to-the-minute information for your site visitors. For example, you may have a news banner that provides visitors with headline news, world news, and news about technology and entertainment. It may also have stock quotes and weather information.

The money you make from your online business comes from two sources: affiliate links and from referrals to others who join the business opportunity through your website.

Now that the barriers to successful online business opportunities have been broken, there's no reason that you can't launch your own online business and reap the rewards from affiliate programs.

How to decide on one product or service to sell

The temptation of the Internet is that there is so much to choose from that you get confused and try too many things at once. I know that because I went into Internet business with only a general  idea. I did’t do my homework before investing any money. I was wrong! What happened? I did not make a wise decision of what to sell.

So, how do you decide what is the best product or service for you to sell? Not every person can do well selling any product they choose. If you want to get off to a good start, you need to apply the following rules.

Rule number 1 – Choose a product or service that you already have some knowledge of. You don’t have to be an expert, but if you know something about your product or service, you can save yourself a lot of trouble. If you are knowledgeable about a product or service, you’re off to a good start because it enables you to make informed decisions about what software you need, methods of payment you should accept, how to design your web site, who is your target market, etc.

Rule number 2 – Don’t choose your product or service because someone else tells you how great it is. Some people will tell you anything to get your money. I’m still waiting on a $49 refund for an ebook I. Do your homework - check out the company. Do they give references? Do they have a guarantee? Do they really sell an actual product or service, or do they sell the idea of selling? Save your money by choosing a product based on your research, not a stranger’s claim.

Rule number 3 – Choose your product because people want or need it, not because you like it. If you sell something that meets a need or solves a problem for people, you are well on your way to making money and realizing your dream! Marketing is a whole lot easier when people want what you have to sell. There are a lot of free and "low cost" opportunities out there, but very few of them meet a need or solve a problem. Always fit a product to a market; do not try to make a market for a product.

Rule number 4 – Do the money math. You should have a markup of 3 to 5 times the actual cost of the product. You’ll have expenses to cover, such as web hosting, Internet access fees, credit card processing fees, phone bills, and more, so you need to know if your sales will earn you enough to pay your bills and make a profit. Also included in the math is figuring your "break even" point. That is how many sales you need to make just to pay your expenses. If your monthly expenses are $300 and you make $30 profit per sale, then you need to make ten sales in a month just to pay your expenses or "break even". Every sale after that is money for you. (Here’s a tip – do not waste your time trying to make money selling a product for $5 or $10. You would have to make 15 to 20 sales a day just to make a living. That means you would have to have around 30,000 visitors a month to your web site!)

If you apply those four rules when choosing your product or service, you will be well on your way to being successful on the Internet.

Why Hollywood and Businesses Flock To Miami Beach

The City of Miami, and Miami Beach as well, has always been enshrined in the American psyche as the “nation’s playground”, for its year-round tropical climate, elegant waterfront homes and condos, lively nightlife, world-famous beaches and its vibrant ethnic diversity.

With its Hispanic essence and live-and-let-live attitude and lifestyle, this area is considered as the most "foreign" city in the US. The area boasts of a psychedelic mixture of architecture and nationalities, fashion and food. On South Beach, at the southern end of Miami Beach, the senior citizens and baby boomers that used to come in droves here have been replaced by the young and trendy; stylish Coral Gables now booms with the posh offices of multinational corporate giants.

Topless sunbathing is also tolerated on certain designated areas of the beach. The TV show Miami Vice helped make the area immensely popular. Miami Beach, particularly Ocean Drive of what is now the Art Deco District, was also featured prominently in the Al Pacino movie Scarface.

South Beach is a major late-night haunt, where revelers eat breakfast at lunchtime, and can choose from a wide array of restaurants and cafes serving continental, European, South American and Asian cuisines. One of the beaches’ best food haunts is 11th Street Diner, which is open 24 hours a day and Nemo, along 100 Collins Avenue, for its eclectic cooking focusing on seafood, and outstanding desserts. Visitors could also go for a relaxing swim in the sea or in a pool at any of the over-the-top hotels on South Beach, like at the Marlin hotel, or in the extravagant Venetian Pool in Coral Gables. Most visitors would say that it’s a public pool that looks like a Hollywood film set.

A major player in the pop-music world, Miami in general, and South Beach in particular, loves to party. The best clubs are on Washington Avenue, South Beach. Clubs like Crobar, The Mansion, Opium Garden and Shadow Lounge, and a lot more, are filled up on weekend nights, while on nearby Ocean Drive, one could hear live bands clutter the outdoors.

Miami, as well as Miami Beach, may not be like Los Angeles or New York, cities where movies are constantly being shot around every corner. However, Miami has certainly has its fair share of filming. The movie Scarface, which is considered a cult classic, is a tale about Tony Montana, played by Al Pacino, who comes to Florida as a Cuban refugee. After becoming a gangster, as a result of the 1980s cocaine boom, he rises to the top of Miami’s organized crime world, only to fall back down.

Most of you would still remember the equally zany film, There’s Something About Mary. One of the funniest movies to ever hit the screen, this film starred Cameron Diaz as Mary, a girl whom men were willing to go to great lengths to impress. Among the Hollywood blockbusters shot on location in Miami Beach and its environs are the Al Pacino football thriller Any Given Sunday, as well as the Martin Lawrence and Will Smith action-flick Bad Boyz.

Incorporate Your Business for Long-Term Benefits

If you're considering turning your small business into a corporation, there are certain benefits to expect when it comes to taxes, liability, and company operations. Though incorporation isn't the answer for every business, it's good to be familiar with the benefits from the start so you can maximize your company's potential for future growth.

Incorporate Your Business for Possible Tax Advantages

Tax benefits are the main reason many companies decide to incorporate. A corporation enables you to accumulate your wealth and assets with special tax rates meant for corporations. These rates are a bit lower than tax rates for individuals. Also, when you own a small business and do not incorporate the business, you must pay self-employment taxes (including social security tax) along with regular income tax, either quarterly or in one lump sum. Operating as a corporation enables you to set up a payroll structure similar to working for someone else, where these taxes are taken out of your paycheck little by little on a regular basis.

Corporations are able to deduct many operating expenses without restriction. They can also split income with shareholders, a process that often lowers the overall tax bracket for the corporation. The term for this is called "shifting." Corporations are also less susceptible to IRS audits whereas sole proprietors are targeted frequently for audits.

Corporation Benefits for Employees

When you incorporate your business, you may receive tax-free benefits as an employee such as medical insurance, life insurance, a retirement plan, education, work-related travel, and client or employee entertainment. Most states allow for these benefits even if your corporation only has one employee.

Liability Benefits

Liability is another major benefit of forming a corporation. Because a corporation is a legal entity of its own, it is similar to person, which means it can be sued or sue another. The shareholders are not held responsible for the corporation's obligations and debts. In a sole proprietorship or partnership, you could lose everything you have (including your home and personal assets) if a lawsuit is filed against your company.

Corporations Live On

After you've retired or passed on, your corporation will still exist for another to continue the business. This is possible because a corporation doesn't rely on one or two persons to be an operating business. It is a separate legal entity that can be operated by a group of shareholders and board of directors.

Financial Benefits

When you incorporate, you give your company the ability to grow financially. It's much easier to raise money for a corporation, and shareholders can help make things possible that you as an individual cannot accomplish on your own. The business will have more opportunity to grow and become a great success as a corporation.

Forming an LLC

Even when considering all the benefits of incorporating, you might still be hesitant about this decision. Forming an LLC (Limited-Liability Company) is another option. When you form an LLC, you are creating a legal entity for your business just as with a corporation. You are not legally liable for your company's debts, but the tax requirements are different than those of a corporation. Be sure to study the differences between the two before making a decision. LLC formation might be the right avenue for your small business.

If you feel it will benefit your business to incorporate, you can check out great resources on the Web to help the process go smoother. There are many websites that enable you to incorporate online and provide helpful tools so you can start enjoying corporate benefits in no time.