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AtricleZine - Business Secrets Revealed : 3. Business is Concept Based
For many years I managed a computer training centre. During those years I handled the financials, sales and marketing, human resources and anything else that required input. During this time I also on rare occasions and as an emergency, took over in reception answering the phones. This was not difficult and I did a fair job of it. Certainly never had any complaints! I abided by the easy principle of being friendly to people. I would hazard a guess that I would not be able to find employment as a receptionist as I would not have sufficient work experience.What experience would be considered essential to being a good receptionist? I would guess, being able to deal with people would be the most important. Lear
Teak Tree plantation:
You are required to pay a small sum of Rupees 1800 or say 35 dollars to a company. The company enrolls you as a shareholder and plants a teak tree sapling in your name.
It takes care and maintains with all latest agricultural techniques for a 20 years period. The sapling grows well
We all make mistakes in business. The important issue is that we learn from them and apply the lessons in both our online and off-line business activities. One of my most costly mistakes happened about twelve years ago in the off-line business world. However, the lessons I learnt are just as applicable online as they are off-line.Having established a small mail order business part-time, I decided to expand the business using direct mail techniques. I had read all the books and attended a course and it seemed like the best approach to achieve my goals. After approaching various mailing list providers, I decided I had found the perfect list to reach my target market.Pricing was obtained from the list o
Production of commodities for the humanity is the prime thing. To maintain them in good condition, we need service oriented businesses. Both production and service stand as chief business activities by importance and size also.
Concept:
The third order business is concept based. This is low by volume and significance, as this does not meet the immediate need of the customers. Let us go into some details and examples to understand them in a better way.
Concept is Plan:
Here, we wish to work on a plan emanated by some pioneer business designer and accepted by the beneficiary. The plan tries to attract the customers by smallness and easiness of the investments. The concept tells about the futuristic returns in a big and convenient manner.
Pay Less Get More From God:
It is like this. We go to temple, church or mosque as the case may be. We worship the god and offer a contribution.
Do not mistake me. Tell me honestly. You have offered a contribution to a least level; say a one-rupee coin or a fraction of a dollar. However, you are asking for a return not equal to that. Your prayer goes to higher requirements of health, wealth and happiness. You want to invest less and harvest more. The ‘concept business’ has similar foundation. See examples below.
Saving Schemes:
Bank fixed deposits assure return of money with accrued interest after a period. The annual interest accrued also reinvested and gains interest and so the gets doubled in about 5 years to 7 years tenure.
Recurring Deposits:
You can deposit small investments every month in recurring deposit account and get a very good sum after about 5 or 10 years period. In case of emergency, you can get loans also against the same accrued money. You repay it at your own convenience with least interest rate.
Chits More Dividends:
A chit fund helps you to save money in the similar manner as recurring deposits. The benefit is that you can take a big amount also by bidding right from the second month. The profit gained through the bidding also shared to all the subscribers. You will repay the dues in installments after deducting the profit share. Hence, you are at benefit to get the amount in good volume for your personal or business purposes and repay it easily.
Life Insurance:
You are paying the lowest premiums with an aim to complete the saving program. However, a sad event prevents and threatens the life of the youngsters in the family. Here comes the concept of insurance. The life insurance company assures a good return in case of any eventuality and save the members of the family.
Teak Tree plantation:
You are required to pay a small sum of Rupees 1800 or say 35 dollars to a company. The company enrolls you as a shareholder and plants a teak tree sapling in your name.
It takes care and maintains with all latest agricultural techniques for a 20 years period. The sapling grows well
There is one powerful strategy all event and meeting planners use to reach the level of success they really dream about. It has nothing to do with event themes or locations, or your budget. It has nothing to do with your training in the industry. What I am talking about is much more powerful, and has the potential of positioning you as #1 in your industry and to generate business you never thought possible.Let me explain.When I first started my business, I felt very much alone. I had this feeling of pulling all the weight by myself, very limiting. As soon as I started collaborating with other people, I began feeling like nothing was impossible! I would come up with an idea, pitch it to one of my part
Pay Less Get More From God:
It is like this. We go to temple, church or mosque as the case may be. We worship the god and offer a contribution.
Do not mistake me. Tell me honestly. You have offered a contribution to a least level; say a one-rupee coin or a fraction of a dollar. However, you are asking for a return not equal to that. Your prayer goes to higher requirements of health, wealth and happiness. You want to invest less and harvest more. The ‘concept business’ has similar foundation. See examples below.
Saving Schemes:
Bank fixed deposits assure return of money with accrued interest after a period. The annual interest accrued also reinvested and gains interest and so the gets doubled in about 5 years to 7 years tenure.
Recurring Deposits:
You can deposit small investments every month in recurring deposit account and get a very good sum after about 5 or 10 years period. In case of emergency, you can get loans also against the same accrued money. You repay it at your own convenience with least interest rate.
Chits More Dividends:
A chit fund helps you to save money in the similar manner as recurring deposits. The benefit is that you can take a big amount also by bidding right from the second month. The profit gained through the bidding also shared to all the subscribers. You will repay the dues in installments after deducting the profit share. Hence, you are at benefit to get the amount in good volume for your personal or business purposes and repay it easily.
Life Insurance:
You are paying the lowest premiums with an aim to complete the saving program. However, a sad event prevents and threatens the life of the youngsters in the family. Here comes the concept of insurance. The life insurance company assures a good return in case of any eventuality and save the members of the family.
Teak Tree plantation:
You are required to pay a small sum of Rupees 1800 or say 35 dollars to a company. The company enrolls you as a shareholder and plants a teak tree sapling in your name.
It takes care and maintains with all latest agricultural techniques for a 20 years period. The sapling grows well
Many folks know that there is a shortage of auto mechanics, because they have to wait to get their cars worked on. Everyone who works in the Auto Industry knows all too well the problems this is causing. But it is not just in Auto Maintenance, as there are shortages in Aviation, Heavy Equipment and Truck Maintenance too.On the truck side of the equation there are some serious issues to consider and one is the challenge to meet the demand of having trained technicians for all these new vehicles, which include Hybrid Trucks and even the coming Fuel Cell semi-trucks.Technicians will need to get certified on the new equipment and yet most shops really cannot afford to send the technicians to more special
Saving Schemes:
Bank fixed deposits assure return of money with accrued interest after a period. The annual interest accrued also reinvested and gains interest and so the gets doubled in about 5 years to 7 years tenure.
Recurring Deposits:
You can deposit small investments every month in recurring deposit account and get a very good sum after about 5 or 10 years period. In case of emergency, you can get loans also against the same accrued money. You repay it at your own convenience with least interest rate.
Chits More Dividends:
A chit fund helps you to save money in the similar manner as recurring deposits. The benefit is that you can take a big amount also by bidding right from the second month. The profit gained through the bidding also shared to all the subscribers. You will repay the dues in installments after deducting the profit share. Hence, you are at benefit to get the amount in good volume for your personal or business purposes and repay it easily.
Life Insurance:
You are paying the lowest premiums with an aim to complete the saving program. However, a sad event prevents and threatens the life of the youngsters in the family. Here comes the concept of insurance. The life insurance company assures a good return in case of any eventuality and save the members of the family.
Teak Tree plantation:
You are required to pay a small sum of Rupees 1800 or say 35 dollars to a company. The company enrolls you as a shareholder and plants a teak tree sapling in your name.
It takes care and maintains with all latest agricultural techniques for a 20 years period. The sapling grows well
Everyone agrees on a broad level that small businesses are vital to the American economy. However, most people would be surprised to know just how important. The United States Small Business Administration keeps records and statistics on small business in the United States and some of their findings are surprising.First, the typical perception of a small business as a mom and pop operation with just a few, if any, employees is not the entire picture. The Small Business Administration defines a small business as an independently business with less than 500 employees. There are an estimated 23 million businesses in the United States that meet that classification. In some smaller towns in the United States, th
Chits More Dividends:
A chit fund helps you to save money in the similar manner as recurring deposits. The benefit is that you can take a big amount also by bidding right from the second month. The profit gained through the bidding also shared to all the subscribers. You will repay the dues in installments after deducting the profit share. Hence, you are at benefit to get the amount in good volume for your personal or business purposes and repay it easily.
Life Insurance:
You are paying the lowest premiums with an aim to complete the saving program. However, a sad event prevents and threatens the life of the youngsters in the family. Here comes the concept of insurance. The life insurance company assures a good return in case of any eventuality and save the members of the family.
Teak Tree plantation:
You are required to pay a small sum of Rupees 1800 or say 35 dollars to a company. The company enrolls you as a shareholder and plants a teak tree sapling in your name.
It takes care and maintains with all latest agricultural techniques for a 20 years period. The sapling grows well
If you think a fire can’t happen to your business, think again. All it takes is some faulty wiring and a few moments of inattention for your business to go up in flames. Losing the site of your business can be devastating…but even more so, you’ll lose the documents and software that made your business possible. If you lose your important business documents in a fire, the best that can happen is that your credit rating will be damaged. The worst that can happen is that you’ll lose your business entirely—and many do.If you aren’t using a fire-resistant safe to store important documents, you’re taking a gamble with your business. Fire-resistant safes are graded based on the amount of time they can protect
Teak Tree plantation:
You are required to pay a small sum of Rupees 1800 or say 35 dollars to a company. The company enrolls you as a shareholder and plants a teak tree sapling in your name.
It takes care and maintains with all latest agricultural techniques for a 20 years period. The sapling grows well into a large teak tree. It is worth at least Rupees 75000 or 1500 dollars. The company will sell it for you and pay a bigger sum of money to complete the scheme.
Time Share Resorts:
You will purchase a time-share resort for Rupees 30,000 or 600 dollars. You and your off springs can enjoy staying in the resort a week time every year for 99 years. You can rent the time-share portion also to others for a profit and get money every year forgoing your stay.
Goats Supply your grocery needs:
A company says that you need to buy a share by paying one time payment of Rupees 50000 or 1000 dollars only. Every month you will get milk, rice, cooking oil and selected groceries of standard volume for your family for the lifetime. This is from the income generated from goat rearing scheme.
Raise Money To Invest:
These are all concept businesses. A concept is for initial funds mobilization and reinvestment in a lucrative business of the company’s choice. The reinvested money in real estates, apartments, cinema theatres, marriage halls etc. will bring more income. The company will repay to the investor in cash or kinds as assured in the program.
Plan a good plan:
In “Concept Business”, plan itself is going to run the business. Get a small sum as investment; reinvest it in a suitable proposition. Pay back a huge sum after some years. Pass the benefit to the shareholders.
Basic Business Concept:
However, every business has a basic model that guides the entrepreneur. The shopkeeper, the proprietor, partners or the management of a company has a business concept. They run the business with or without knowing the basic concept. They run the business based on the mold of a similar concern.
However, each business enterprise has a business idea:
1. The department stores have an idea of supplying all “under one roof”.
2. The hotel has the idea of supplying “good and healthy food” to the people.
3. The real estate promoter wants to give the customer all the basic amenities for the plots.
4. The hospital assures to give best treatment to the patients to make them healthy and happy.
5. The colleges guarantee best teaching facilities and good coaching for the students so that they get the right kind of job placements.
Therefore, we understand that business denotes product, service and concept. We develop prod
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