On an overall basis, companies rate their capital investment planning process at
5.8 On a scale of 1 (poor) to 10 (best). Companies that are unhappy with their process cite the following problems:
• “Gaming” of the process
• Special treatment of certain capital investments (such as information technology projects)
• The effect of executive incentive bonuses on investment decisions
• The treatment of implementation and uncertainty risks by the project appraisal process
Also, only about half of the companies examined conduct post investment reviews. However, when such reviews do get done, the primary intentions are perceived to be to learn lessons from investment decisions and to improve forecasting. Fewer companies use the reviews to help improve their capital planning process.

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A big lift in sales and profits is the reward for a solo business that can sign up just one major corporate customer. Too many solo business operators think this market is unreachable because they are small. The reality is just the opposite—big businesses need you if you have what they want.

• Do you cost less? You have the advantage of low overheads and low operating costs. If you can produce a product or service that meets their requirements for a better price, it is logical that (more…)

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For me, there is one of biggest moment that always waiting. It’s a summer holiday. Yes this is a wonderful time to spent whole time with my family. For this year I already spent my holiday in a wonderful island with great natural scene. We can swim and diving with fishes plating around us. Actually our last holiday was really wonderful and perfect and whole of my family really enjoyed every activity in the island. From the sunshine until (more…)

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The summer will come just in few weeks ahead and everybody will happy with this because the holiday will comes as well. Even I am happy with the summer coming but I still have one problem in my home; my ceiling fan is broken! I forgot to repair it, supposed to be it was repaired (more…)

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I still have one dream to have my own business with real store near a shopping center and another small workshop which supply to some company for technical parts. In my imagination I can see clear the view of my store which can help people to complete their needs. Even not a big store but I think I can start (more…)

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There are some important points to speed up the small business becomes bigger. Usually it divide become two big points; external affair and internal management. From external affair we can focus on the market need, advertising and relationship with client and company partner (supplier). For internal (more…)

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Become popular company is not enough this time because needed important additional requirement from the global market. This is really serious point and day by day market requires the big proportion of this so they can accept and absorb the qualified product only. This point is about save (more…)

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So what’s your story? What makes your company’s founding and growth special? What stories define who you are and how you got here?

To help illustrate this point to groups I speak to, I often use my own family as an analogy. I have a 13-year-old son. This teenager can give you a pretty good synopsis of how my wife and I met, what happened on (more…)

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The nature of your business will change over time and it will become necessary to adapt your business strategy as a result. The life cycle of a solo business consists of a number of phases, each with a different set of goals and requiring a different mindset. It is not only important to learn how to construct an effective business strategy, it is equally important to recognize when to change it. You always need two strategies—one that capitalizes on the forces that are naturally at work, and a second that acts as a safety net if the first one does not succeed.

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Companies generally have a dim view of their capital expenditure planning and analysis process reveals a new study. Fortunately, the study also examines companies that are very happy with their process. What these companies have done can help you improve your company’s setup.

There have been many studies on the subject of capital planning, but they mostly focus on the application of formal financial methods instead of the actual process. However, it is the planning process itself that can cause problems with the overall operation. This is the focus of the new study, A New View of Capital Planning, which reveals the factors that most differentiate the best from the mediocre.

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