Management Consultants Dubai

Archive for the ‘Relief Business’ Category

Which is the sector that is hardest hit when the recession strikes the economy? It is the small business sector. From manufacturing to automotive industry-small businesses play a major role in the economy. One recession hits and small businessmen go bankrupt; it is but obvious that the economy will suffer.

If you do not want to join the long list of those small entrepreneurs who have failed to survive the recession, you should tackle the problem of excessive debt immediately. Debt is something that businessmen have to live with on a daily basis. However, regular flow of cash ensures that the debts are repaired on regular basis so that the line of credit can be opened once again. If the debt is not repaid, small businessman will quickly end up in a debt trap.

Rather than putting pressure on your business to repay the debt, it makes sense to negotiate with your lender and arrive at a solution that is mutually beneficial to both. Just as you are businessmen, the credit card issuer too is running a business. Just as you know when to cut your losses and withdraw from the project, the credit card issuer too will know when to expect a grant from a customer and when to simply give up and settle the deal.

If you convince your lender that you are in a bad shape and that relief is the only way you can survive, you will easily arrived at a discount of fifty to seventy percent of the total amount owed.

Just as you determine the discount on the basis of the value of the customer and the potential income that the customer can generate, the credit card issuer too will assess the discount on this criterion.

You will have to focus on how a successful business is only going to provide more business for the credit card issuer and how the stimulus package benefits have been passed only to financial institutions. All these arguments should be used to negotiate and convince the lender that you deserve the highest relief possible.

This is how you should negotiate your small business debt. If you are not in a position to do so, you should employ professionals who will specify the right arguments in the right manner so that you get maximum relief.

You can make use of the World Wide Web to not just find the right service provider but also know more about the various relief negotiation tactics and strategies.

As 2010 begins to wrap up I am sure we’re all looking forward to 2011, I know I am! A fresh start, a clean slate, a new beginning…right now 2011 has so much potential!

Life in the 21st Century can be pretty darn hectic; so when there is a chance to regroup and reevaluate your game plan…of course you welcome the opportunity! To begin, there are always New Year’s resolutions, you know: lose weight, get in shape, obtain financial independence, find love, a better job, or maybe just learn something new as you parade through 2011. Haven’t we all attempted these things year after year. In 2011 I’m going with a different approach. The bottom line for me, my number one hope for 2011 is stress reduction! By reducing stress I feel the other things will fall into place and life will be better!

Now the tough part, how to accomplish this? I’ve tried several things: yoga and meditation, walking, gardening, spending time with my children, friends, my husband (OK this may actually cause stress), exercising, reading and getting a good night’s sleep. I’ve tried them all. What I’ve learned from my many previous attempts is, while all these things help, the best way to to de-stress, is to get organized and simplify your life.

How to do this?: Buy a calendar or a planner or a diary. Use a personal agenda to keep track of all your important appointments; write everything down in a personal planner; make your lists in a personal planner; carry your personal planner calendar or agenda with you wherever you go, so you know where, when and how your day is going. You’ll have everything you need in one diary, a 2011 planner that will be your constant companion. Believe me, this really helps. Your work schedule, your family schedule, important phone numbers, important dates….everything you need in one handy personal planner.

Some people swear by the electronic version, not me. I want something that I can depend on at all times. Something I do not have to back up every night, charge every morning or worry where a cell tower is, in order for this device to work! Most importantly I want something that doesn’t act as a vehicle people use to reach me 24 hours a day, 365 days a year! (Another reason we are all so stressed out….we can never escape the madness!)

Now where to find one of these all purpose, must have organizers! There are several great options including: Letts of London, Per Annum, Filofax and Scully.

Letts of London, Per Annum, Filofax and Scully offer attractive, well made, compact business & personal planners, mostly in leather, with great options to help even the most disorganized individual. Business, Personal, Pocket, A5, they have them all in a variety of colors for men and women! Per Annum even offers city specific 2011 planners. Chicago, Manhattan, Los Angeles, San Francisco, Boston; these 2011 agendas contain handy references and over 3,000 area specific listings.

Carry one of these wonderful little agendas around with you and watch your stress level go down immediately. You’ll no longer double book, miss all together, or lose important time in your life. Everything you’ll need to stay organized, will be with you no matter where you’re heading or what you’re doing. For those of you already ahead of the game, these companies offer wonderful 2011 agenda refills as well!

Here’s to a less stressful 2011! Forget about New Year resolutions, go out and buy a Letts of London, Per Annum, Filofax or Scully personal leather planner today; all available at Executive Essentials at great prices!

Make stress less of an issue for you in your work and life, by trying out one or more of these ideas – the list is not exhaustive! Seek out more and share!

So try these 11 random ideas out – and above all, have some fun!

Squeeze Something You can get them at sports stores (use a squash or racquet ball) or there are even some specialist places that have them and call them ‘stress balls’. Get yourself a ball to squeeze. Sometimes they are specially squishy and retain your imprint – even more fun! If you want a cheap alternative, how about a tennis ball with a hole in it! Start Early Add sufficient time to get where you are going with 10 minutes to spare and be there 10 minutes before you are due – it also gives you time to get a feel for where you are going, the people there, the culture and even what’s going on (which might be useful!) Time Out Spend time with your colleagues outside work. Have some fun together. As long as it isn’t forced, this is a great way to get relaxed and get your team spirit built! Eat Out Take your lunch out of work – in the park, or a quiet restaurant. That hour you take (and you do take an hour, don’t you?) gets your mind relaxed and stretching your legs helps too. Personally I prefer down time on my own – I like my own space. Some folks like it with a colleague or a friend – it’s up to you! Take Your Holidays Life really is too short, so always have a holiday or vacation to look forward to – on those really stressed days you can focus on that warm beach just waiting for you. Or even a long weekend out in the wilds. Somewhere in nature is great. Get a Window There’s nothing better for breaking your focus for while than looking out of the window – so if you get the chance, get an office with a view. If not find a place to walk to with your coffee (decaff!) which is a little haven of peace. Sticker Your Phone By reminding yourself that it’s a phone call, you will allow yourself to take a breath and relax as you speak – smile even. Just a little reminder that is out of the ordinary will do – try a gold star, stuck somewhere very visible! Keep Objective When business involves taking difficult people decisions it can be really stressful, so try to remember it’s not about you or them, it’s about an objective business decision. Do it with respect, understanding and focus and it will be a lot less stressful. Let Go Sometimes there are very frustrating moments when you truly could squeeze someone else’s head in a vice (could try 1 above instead!). Try being forgiving and taking control of the ‘being nice’ and resolving it. You can’t fix them – it is NOT within your control – but you can fix you and giving in a little is the control position you have – so give it a go! Music Try background music either quietly by you or use the internet – there are loads of radio stations and even meditation websites you can use – even for a few minutes. Puzzle Want to really downshift your stress levels? Try a very challenging puzzle. Thinking about non-work issues deeply will take the pressure off and if you can’t do the puzzle, you can always throw it at the wall – much better than your laptop!

Tricky this – the stress you get in the outside world is there too. Remember when you had the choice of a ham or cheese sandwich – now there are at least thirty or forty to choose from – stressful lunch decision-making! But chill, you have it in you to do it. All it takes is a little action and a little focus – and even maybe a tank of fish…:-)