Service Business Plan – Differences From a Product Business Plan

When creating a service business plan, either start with a business plan template created specifically for a service business to save time and worry, or take great care to adjust the plan to be appropriate for a service rather than a product. These are a few elements of the plan that will require changes.TerminologyCertainly, a plan with focuses on “product”, “product design” and “product development” must have those terms adjusted. Within the marketing section, “place” is often discussed as one of the 4 Ps (product, promotion, price and place). In a service business plan, “place” should refer to both the location where the service will be delivered to customers (whether this is a physical location or a website) and the methods of delivery (such as sales by phone, over the internet, in person, etc).InventoryFor a pure service, there generally is no inventory. The “product” of service is created at the same time as it is consumed. For that reason, operations management terms like “inventory management” do not apply. Mentions in the balance sheet of inventory may need to be removed to show that you are focused on a business service and demonstrate that you are not using a “cookie cutter” financial model (even if you did start out with a model template).Exit StrategyWhen a pure service business is designed around the work of the entrepreneur (for example, a consulting or brokerage business), exit strategy as it normally exists in other plans becomes more challenging. This is because the exit strategy for many small businesses is a strategic sale of the company to a larger business that values its resources. However, if most of the key resources of the business are in the entrepreneur, larger businesses would rather hire the entrepreneur away than buy the business itself. In this case, the entrepreneur may profit to a certain extent, but value does not flow to investors to provide them a return for the capital they put in. Take this into account and either show other assets being developed in the company (i.e. proprietary systems) or consider a different type of exit.
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What Makes a Good Digital Signage Company?

Having digital signage is almost mandatory for business owners nowadays. If you are not yet using electronic signage, you could be left behind by your competitors. Using this type of signage offers a great opportunity for companies to get the word out about their products and services.There are many companies that offer electronic signage services but, of course, not all of them are created equal. Choosing a provider can be difficult, especially if you don’t know the difference between a good company and a bad one. Below are just some of the characteristics of a good digital signage company.Tailor-fitted serviceDifferent businesses have different advertising needs. A good digital signage company acknowledges this. Some companies have a single solution for all types of industries. But this approach simply does not work. Go for a company that offers tailor fitted services. The best thing about such a company is that you can be sure that it will spend time to know and understand what your business really needs. It is good to work with companies that communicate well with their clients and are truly concerned with their success.Different packages for different budgetsApart from the needs of clients, another consideration is the budget or the money people are willing to spend on an electronic signage campaign. While it is tempting to offer services for affluent companies, a good company does not ignore the needs of small players and upstarts. This is the reason why the best companies out there offer different packages. If you are small business owner then you should choose a company that offers affordable packages. Advertising is important but it should not take most of your budget.Plenty of optionsA good company should be able to offer their clients plenty of options. There are actually many kinds of digital signage systems available and a good company should be able to offer most if not all of them. A good company should also be clear about the features as well as the advantages and disadvantages of each system and communicate them well to you.State-of-the-art systemsA good company offers state of the art systems. Competition in business is tough nowadays that’s why you need to use the best methods to reach potential clients. A good digital signage company can help you gain an advantage over your competition with cutting edge systems that will definitely get your brand noticed.

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There is an excessive amount of traffic coming from your Region.

#EANF#

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Suggestions to Promote Effective Cross-Cultural Business Negotiations

It is quite common that the workplace today is becoming more and more cultural diversified with the globalization of the world economy. There comes the need to promote effective cross-cultural communications. Business people with different cultural backgrounds often work together for a given purpose. Among them, some work harmoniously and become partners in their cooperation later on; some work unhappily and then depart; and still some are reluctant or even refuse to work together.Actually, as a businessman, we should learn to work in a culturally diversified environment. Only in this way will it be possible for us to expand our business and make it more prosperous and to become true international business people. How to promote effective cross- cultural business communication? Some suggestions will be discussed.One of the suggestions for a more effective communication is the attaching and understanding the background and the cultural of the partner from other countries. Each nation has its own culture, and each culture has its own system of beliefs, values, attitude, norms of behavior and ways of handling things, which is to be shared by the people of the same culture. People bring along with their culture and stick to their cultural norms. The Muslims do not eat pork and they have Ramadan for one month each year; the people in India do not eat beef. We should attach importance to these differences in order to host them appropriately. In one word, we should respect their culture. The managers should allow Muslim staff to take their festival vacation, and their special customs should be respected.In some cultures, people need more private space. This is attributed to their individualism, and we should respect their habit and appropriately arrange the seat before the meeting. Generally speaking, the westerners require more personal space than the easterners. When two westerners talk to each other, they keep a distance which is considered as aloof by the easterners. Personal space in western countries is emphasized. They may feel nervous and move away when this space is invaded.Business people should try to learn other’s culture and respect each other, for neglect or ignorance or even invasion of a given culture may result in trouble or loss or even failure of business.

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DC Comics New Line of Titles Going Strong – Now, Bring Back the Justice Society of America!

The universe has changed… again. Is that bad or good? Let’s discuss it. Let’s talk DC Comics. I have been reading various DC Comics issues in the new DC Universe and am impressed with many of the stories.My favorite characters in the DC Universe have always revolved around the Golden Age of heroes. Therefore, I am most interested in what is going to happen with the DC characters connected to the Justice Society of America (JSA) and the old Earth-2. For those of you who do not know, when the Justice League of America (JLA) was created in the Silver Age of comics, the powers that be decided the 1940s-era Justice Society members lived on a parallel earth, Earth-2. Meanwhile, the JLA lived on Earth-1 (Never mind that the JSA came first and really should have been on Earth-1 and the JLA on Earth-2. That’s a different column. Let’s move on.)One of the series I have been reading in the new DC Universe is the Savage Hawkman. Hawkman has been one of my favorite DC characters since I was a little kid riding my bicycle to the corner gas station to buy my weekly comic books. The new Hawkman title focuses on Carter Hall, the original Golden Age Hawkman. His wife and longtime partner is dead and he is alone. In the new series, the gravity-defying Nth metal harness and wings he wears are basically a part of him. He no longer has to strap the wings on. The suit and wings appear and attach to him when he needs them. This strikes me as very similar to the old X-O Manowar armor from Valiant Comics.At this point, I’m okay with the Hawkman suit becoming a part of Hawkman. However, it smacks a little of the hawk god story from the 1990s in which Hawkman became part hawk (more or less). The fact this new twist on Hawkman resembles the hawk god is not a good thing. Many fans consider that story a low point. But, as long as Carter Hall remains himself and does not become a were-hawk, I’m okay with the changes.On another note, it looks like the creators are trying to provide Hawkman with a new enemy. Hawkman has some great villains but only one or two that really stand out and are known by many readers. Shadow-Thief and Gentleman Ghost are among the few Hawkman villains to become popular to the masses. The new villain, Morphicius, looks like a cross between a hawk and a werewolf to me. Apparently, he is an alien, which I like. I like that Hawkman has always mixed ancient culture and alien technology, especially since the Silver Age. I’ll be interested to see if this new villain sticks around for the long haul. The Savage Hawkman is Written by Tony Daniel with art done by Philip Tan.I have also been reading Mr. Terrific. The new Mr. Terrific first appeared in the Spectre comic book series and then joined the JSA. Apparently, the Mr. Terrific in the new DC Universe is still Michael Holt but he was not a member of the Justice Society. (It has not been stated he was never a member of the JSA but it sure seems like it.) Power Girl appears in the Mr. Terrific comic but she does not seem to have powers or go by Power Girl. Instead, she appears as a friend of Micheal’s and uses her real name of Karen Starr. I like how Mr. Terrific now works out of a space between dimensions. I cannot help but wonder if Mr. Terrific’s study of dimensions is going to play into the return of the JSA somehow. It looks like we will have to wait and see.I am enjoying that Mr. Terrific focuses on science and all things cerebral instead of the typical punch and smash of many comics. Although, there is definitely some punching and smashing that takes place, especially when he goes up against the new villain named Brainstorm. Mr. Terrific is Written by Eric Wallace with art by Gianluca Gugliotta.Other titles I have been enjoying in the new DC Comics universe include Justice League and Justice League International. I read the first issues of Action Comics, Frankenstein – Agent of S.H.A.D.E. and Green Arrow, as well, and recommend those titles. Green Arrow is a refreshing take on the archer. He acts more like the Green Arrow seen on Smallville (the long-running TV show) than the Green Arrow that has been in Justice League for years. The new Green Arrow is still Oliver Queen but he has a team surrounding him and he looks more youthful than he has in the comics, in my opinion.I am enjoying the new DC titles, but there is one lingering issue in my mind: Where is the JSA? I am anxiously awaiting more news on the Justice Society of America like thousands of other longtime DC Comics readers. It was announced on numerous comic book news sites that the JSA is returning and will likely be living in a parallel world again. Since that news, nothing more has been said or written about the Golden Age team.For readers who may not know, the original JSA consisted of the Golden Age Hawkman, Atom, Flash, Green Lantern, Hourman, Sandman, Dr. Fate and Spectre. More members joined over time, including Wonder Woman, Superman, Batman, and Black Canary. DC is making a mistake if they believe the JSA is not a viable book that deserves to be hurried into the new lineup of titles. I only hope that it is taking as long as it is to get the JSA book launched because DC creators are taking care to make the new JSA book exciting yet respectful to longtime fans.I am very interested to see if Carter Hall’s Hawkman will be a member of the JSA. Because DC has Carter Hall living in the same world as the Justice League–at least that is how it appears–how would Hawkman be a member of the JSA, too? Will there be two Carter Halls on both worlds? Will Carter Hall leave the main earth to join the JSA or is the current Hawkman really living on the JSA’s earth and we do not realize it yet? I feel Hawkman needs to be a member of the JSA. A JSA without Hawkman is like peanut butter without jelly.I look forward to seeing what DC has planned for my favorite team, the JSA, and I’ll be along for the ride. I do suggest everyone pick up at least one new DC Comics title and give it a try. With 52 new titles, you are bound to find one that suits your taste.

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