Few Things to Consider While Choosing the Right Consultant
By [http://ezinearticles.com/?expert=John_Matthew_Williams]John Matthew Williams
Consultants are highly skilled professionals who provide proficient advices in any particular area of expertise like entertainment, management, technology or determine the course of action for overall business improvement.
Consultants are generally not a part of the organization or the management body, but can assist an organization by providing expert guidance in lieu of endorsed fee.
Before investing considerable amount of money and time, it is immensely important to determine the appropriate person for the job. Business improvement rests upon the shoulder of the right consultant. Therefore outlining the business goals is prior in importance to hiring a consultant in order to ensure success.
According to the demand of the situation, consultants are required to turn up with specialist recommendations. Therefore the consultants should be equipped with significant amount of knowledge and resources. Consultants should also perform comprehensive studies regarding the prospect of any particular project and carry out researches to meet both the ends of business improvement and finances.
It is highly essential to analyze the requirement and consequently select the particular consultant. The consultant should be capable enough to work under the prescribed infrastructure and technical facilities. It is noteworthy to gather substantial information about the work history, educational background and references of any consultant before hiring him/her. Any consultant familiar to similar projects as per the requirement should always be preferred.
Consultants should be aware of the particular needs and at the same time take into account the limitations. From this point of view a consultant having previously worked with non-profit organizations is extremely commendable. Focusing the specific mission, the consultants should envision the obligatory measures keeping in compliance with the infrastructural bindings. Explicit communication with the consultants is a key towards business improvement.
Consultants should provide rational solutions and ready to explain the reason behind adopting such solutions. Instead of promoting any personal relationship, the consultants should be concerned more about the well-being of the company they are working for. A good-natured consultant can not only enhance the business improvement but also bring about his/her personal development in the long run.
Providing the required assistance without exceeding the time limit is another deciding factor that comes into play while hiring a consultant. A consultant should back himself/herself with considerable resources to meet the desired result within the time assigned.
John Williams is the contributing writer of Netherlandings.com. He is specialized in writing articles about [http://www.netherlandings.com/]consultant.
Article Source: http://EzineArticles.com/?expert=John_Matthew_Williams http://EzineArticles.com/?Few-Things-to-Consider-While-Choosing-the-Right-Consultant&id=3272753
Friday, November 20, 2009
E-biznis Proekti
Ten Commandments of Negotiating For Business Incentives
By [http://ezinearticles.com/?expert=Michael_R_Press]Michael R Press
1. Know what to ask for. Rather than ask, "what can we get for our project?", companies should present a specific list of financial benefits which the government agencies have the statutory authority to offer, and which have the greatest value to the business.
2. Keep it competitive. Once a particular jurisdiction becomes confident that your company will expand within their boundaries, your leverage is lost. But they will eagerly step up so long as they believe they must to avoid losing the project to another location.
3. Estimate the benefits to the community that will flow from your project in the way of tax receipts and jobs. Then, present these estimates in an effective manner to relevant government officials. Be sure to give full weight to the "indirect" impacts created through the action of economic multipliers. The most successful companies are those that make a compelling case that their project's credits and grants are well worth the public expense.
4. Adopt a strict internal protocol regarding external communication about the project. Companies need to act and communicate in a highly controlled and coordinated manner in order to maintain their leverage.
5. Favorable tax rulings should be at the top of the list. Oftentimes, a favorable income apportionment ruling will dwarf the value of the best generic economic development package. For this reason, Tax needs to be at the table in devising the "wish list" of concessions.
6. Look for incentives that are cost-free to government. Some inducements that have value to your company may be cost-free to government, and as a result they will be less likely to resist. For instance, fast-track permits, easements and federally tax-exempt bonds may reduce the project's ultimate cost, yet be easier for the governments to "digest".
7. Do not accept the first offer or the "standard" package. It is impossible to know how far government will go until they are nudged. And getting a polite "No" from government has to be preferable to reading about your competitor getting a better deal than yours.
8. Job commitments should be conservative. The media loves nothing better than a broken promise by business to create or maintain jobs in the community. Public officials that come out in support of your company's incentives will be hurt too, by the negative attention.
9. Be prepared to accept: a) a ton of paperwork, b) scrutiny of your plans by government officials and possibly the public at-large, and c) "recapture" provisions that entitle government to be paid back should you fail to meet your job and/or investment commitments.
10. Check Lobbying Statutes and Regulations. States have been very active recently in requiring registration and record-keeping for a variety of activities that are deemed "lobbying" in relation to negotiated incentives. Failing to register or otherwise to comply with lobbying statutes can bring substantial financial penalties and public embarrassment for the Companies involved. Work only with consultants who are well versed in the details of the project state's lobbying requirements, and wherever feasible, avoid activities that fall into the lobbying category.
For more information, contact Michael Press at [http://www.mrpressconsulting.com]MR Press Consulting.
Email: [mailto:Michael@mrpressconsulting.com]Michael@mrpressconsulting.com, office: 203-255-9397.
Article Source: http://EzineArticles.com/?expert=Michael_R_Press http://EzineArticles.com/?Ten-Commandments-of-Negotiating-For-Business-Incentives&id=3276830
By [http://ezinearticles.com/?expert=Michael_R_Press]Michael R Press
1. Know what to ask for. Rather than ask, "what can we get for our project?", companies should present a specific list of financial benefits which the government agencies have the statutory authority to offer, and which have the greatest value to the business.
2. Keep it competitive. Once a particular jurisdiction becomes confident that your company will expand within their boundaries, your leverage is lost. But they will eagerly step up so long as they believe they must to avoid losing the project to another location.
3. Estimate the benefits to the community that will flow from your project in the way of tax receipts and jobs. Then, present these estimates in an effective manner to relevant government officials. Be sure to give full weight to the "indirect" impacts created through the action of economic multipliers. The most successful companies are those that make a compelling case that their project's credits and grants are well worth the public expense.
4. Adopt a strict internal protocol regarding external communication about the project. Companies need to act and communicate in a highly controlled and coordinated manner in order to maintain their leverage.
5. Favorable tax rulings should be at the top of the list. Oftentimes, a favorable income apportionment ruling will dwarf the value of the best generic economic development package. For this reason, Tax needs to be at the table in devising the "wish list" of concessions.
6. Look for incentives that are cost-free to government. Some inducements that have value to your company may be cost-free to government, and as a result they will be less likely to resist. For instance, fast-track permits, easements and federally tax-exempt bonds may reduce the project's ultimate cost, yet be easier for the governments to "digest".
7. Do not accept the first offer or the "standard" package. It is impossible to know how far government will go until they are nudged. And getting a polite "No" from government has to be preferable to reading about your competitor getting a better deal than yours.
8. Job commitments should be conservative. The media loves nothing better than a broken promise by business to create or maintain jobs in the community. Public officials that come out in support of your company's incentives will be hurt too, by the negative attention.
9. Be prepared to accept: a) a ton of paperwork, b) scrutiny of your plans by government officials and possibly the public at-large, and c) "recapture" provisions that entitle government to be paid back should you fail to meet your job and/or investment commitments.
10. Check Lobbying Statutes and Regulations. States have been very active recently in requiring registration and record-keeping for a variety of activities that are deemed "lobbying" in relation to negotiated incentives. Failing to register or otherwise to comply with lobbying statutes can bring substantial financial penalties and public embarrassment for the Companies involved. Work only with consultants who are well versed in the details of the project state's lobbying requirements, and wherever feasible, avoid activities that fall into the lobbying category.
For more information, contact Michael Press at [http://www.mrpressconsulting.com]MR Press Consulting.
Email: [mailto:Michael@mrpressconsulting.com]Michael@mrpressconsulting.com, office: 203-255-9397.
Article Source: http://EzineArticles.com/?expert=Michael_R_Press http://EzineArticles.com/?Ten-Commandments-of-Negotiating-For-Business-Incentives&id=3276830
Velkova Sonja
Few Things to Consider While Choosing the Right Consultant
By [http://ezinearticles.com/?expert=John_Matthew_Williams]John Matthew Williams
Consultants are highly skilled professionals who provide proficient advices in any particular area of expertise like entertainment, management, technology or determine the course of action for overall business improvement.
Consultants are generally not a part of the organization or the management body, but can assist an organization by providing expert guidance in lieu of endorsed fee.
Before investing considerable amount of money and time, it is immensely important to determine the appropriate person for the job. Business improvement rests upon the shoulder of the right consultant. Therefore outlining the business goals is prior in importance to hiring a consultant in order to ensure success.
According to the demand of the situation, consultants are required to turn up with specialist recommendations. Therefore the consultants should be equipped with significant amount of knowledge and resources. Consultants should also perform comprehensive studies regarding the prospect of any particular project and carry out researches to meet both the ends of business improvement and finances.
It is highly essential to analyze the requirement and consequently select the particular consultant. The consultant should be capable enough to work under the prescribed infrastructure and technical facilities. It is noteworthy to gather substantial information about the work history, educational background and references of any consultant before hiring him/her. Any consultant familiar to similar projects as per the requirement should always be preferred.
Consultants should be aware of the particular needs and at the same time take into account the limitations. From this point of view a consultant having previously worked with non-profit organizations is extremely commendable. Focusing the specific mission, the consultants should envision the obligatory measures keeping in compliance with the infrastructural bindings. Explicit communication with the consultants is a key towards business improvement.
Consultants should provide rational solutions and ready to explain the reason behind adopting such solutions. Instead of promoting any personal relationship, the consultants should be concerned more about the well-being of the company they are working for. A good-natured consultant can not only enhance the business improvement but also bring about his/her personal development in the long run.
Providing the required assistance without exceeding the time limit is another deciding factor that comes into play while hiring a consultant. A consultant should back himself/herself with considerable resources to meet the desired result within the time assigned.
John Williams is the contributing writer of Netherlandings.com. He is specialized in writing articles about [http://www.netherlandings.com/]consultant.
Article Source: http://EzineArticles.com/?expert=John_Matthew_Williams http://EzineArticles.com/?Few-Things-to-Consider-While-Choosing-the-Right-Consultant&id=3272753
By [http://ezinearticles.com/?expert=John_Matthew_Williams]John Matthew Williams
Consultants are highly skilled professionals who provide proficient advices in any particular area of expertise like entertainment, management, technology or determine the course of action for overall business improvement.
Consultants are generally not a part of the organization or the management body, but can assist an organization by providing expert guidance in lieu of endorsed fee.
Before investing considerable amount of money and time, it is immensely important to determine the appropriate person for the job. Business improvement rests upon the shoulder of the right consultant. Therefore outlining the business goals is prior in importance to hiring a consultant in order to ensure success.
According to the demand of the situation, consultants are required to turn up with specialist recommendations. Therefore the consultants should be equipped with significant amount of knowledge and resources. Consultants should also perform comprehensive studies regarding the prospect of any particular project and carry out researches to meet both the ends of business improvement and finances.
It is highly essential to analyze the requirement and consequently select the particular consultant. The consultant should be capable enough to work under the prescribed infrastructure and technical facilities. It is noteworthy to gather substantial information about the work history, educational background and references of any consultant before hiring him/her. Any consultant familiar to similar projects as per the requirement should always be preferred.
Consultants should be aware of the particular needs and at the same time take into account the limitations. From this point of view a consultant having previously worked with non-profit organizations is extremely commendable. Focusing the specific mission, the consultants should envision the obligatory measures keeping in compliance with the infrastructural bindings. Explicit communication with the consultants is a key towards business improvement.
Consultants should provide rational solutions and ready to explain the reason behind adopting such solutions. Instead of promoting any personal relationship, the consultants should be concerned more about the well-being of the company they are working for. A good-natured consultant can not only enhance the business improvement but also bring about his/her personal development in the long run.
Providing the required assistance without exceeding the time limit is another deciding factor that comes into play while hiring a consultant. A consultant should back himself/herself with considerable resources to meet the desired result within the time assigned.
John Williams is the contributing writer of Netherlandings.com. He is specialized in writing articles about [http://www.netherlandings.com/]consultant.
Article Source: http://EzineArticles.com/?expert=John_Matthew_Williams http://EzineArticles.com/?Few-Things-to-Consider-While-Choosing-the-Right-Consultant&id=3272753
Velkova Sonja
Could Hiring a Business Consultant Be One of Your Smartest Business Decisions?
By [http://ezinearticles.com/?expert=Brian_S_Smith]Brian S Smith
Today, businesses are facing a variety of challenges and thus, the needs of the business are changing. Owners and managers are faced with questions of growth, development or whether they should "batten down the hatches" for survival. Often, managers and owners do not know exactly what to do in such uncertain times. Others may have ideas of what needs to be done, but are unsure of the exact plan to reach the desired outcome. This is precisely the situation where a business consultant becomes a tremendous asset to a business. A business consultant that understands the business objectively can be managements' coach through these challenges.
As businesses mature, new problems and challenges arise that offer various complexities that management may not be able to place in context. An experienced business consultant will put those challenges into perspective- by using their broad knowledge base- smoothing out the complexities in a way that will also allow management to learn and evolve.
By retaining a business consultant and by keeping him/her summarily involved in your business at all times, you put a key ingredient in place for success. Not only will that consultant be able to react quicker to issues- by not having to "catch up"- but the consultant will likely spot trends that can be lost, when day to day operations get in the way of objective thinking by on site managers.
Issues with inventory control, operational efficiencies, market changes, employee morale and other key day to day operational or administrative tasks can be vetted and outlined by an engaged business consultant; saving a company time, money and other valuable resources.
What makes the business consultant such a great decision?
Regardless of size, all business owners and managers face tough decisions. Those decisions can be muddied by the stresses of day to day operations, outside influences or a lack of organization. Business consultants have one objective: Support their clients business and its management, in a manner that provides prosperity.
1. Business Consultants are engaged in analyzing the business culture and environment. By understanding your individual environment and that of the entire market, your business consultant will give you clear, objective advice on issues affected by these.
2. Business Consultants will have a top down view of your operations. Through regular review of your operations, they will pinpoint inefficiencies and/or weakness in your operations, again, providing you with objective advice in order to take corrective action.
3. Business Consultants will understand your financial situation and how each part of your company contributes to that situation. Through regular review of your operations, your consultant will identify positive and negative trends within your company, tackling issues long before they become infectious or cause too much damage.
4. By being a part of the forward looking plan, you will gain an objective pair of eyes, looking out for your business from an entirely clear perspective. Always with an ear to the ground on industry or local issues, your consultant should provide advance information on a wide variety of topics that may affect your company's future.
Small business consulting is a growing field of expertise. It has been realized that all business owners and managers benefit from having an objective consultant on their team. By engaging a business consultant and keeping them involved with your company, you ensure that he/she will be able to react for your business in an efficient manner, helping you solve issues quickly. In today's hyper-communication environment, reacting to issues efficiently with sound information is key in making good business decisions and having a prosperous business.
About the Author - Brian Smith has been a management consultant for over 20 years. He has consulted with clients in all 50 United States and over 20 countries. Brian is the founder of Individual Advantages, a 13 year old International Management Consulting firm. Brian is the developer of BIZVision™, a structured organizational methodology used by hundreds of companies world-wide. Visit, [http://www.YOURBIZDR.COM]http://www.YOURBIZDR.COM, the site offers this BIZVision in a more affordable way for small business owners.
Article Source: http://EzineArticles.com/?expert=Brian_S_Smith http://EzineArticles.com/?Could-Hiring-a-Business-Consultant-Be-One-of-Your-Smartest-Business-Decisions?&id=3284040
By [http://ezinearticles.com/?expert=Brian_S_Smith]Brian S Smith
Today, businesses are facing a variety of challenges and thus, the needs of the business are changing. Owners and managers are faced with questions of growth, development or whether they should "batten down the hatches" for survival. Often, managers and owners do not know exactly what to do in such uncertain times. Others may have ideas of what needs to be done, but are unsure of the exact plan to reach the desired outcome. This is precisely the situation where a business consultant becomes a tremendous asset to a business. A business consultant that understands the business objectively can be managements' coach through these challenges.
As businesses mature, new problems and challenges arise that offer various complexities that management may not be able to place in context. An experienced business consultant will put those challenges into perspective- by using their broad knowledge base- smoothing out the complexities in a way that will also allow management to learn and evolve.
By retaining a business consultant and by keeping him/her summarily involved in your business at all times, you put a key ingredient in place for success. Not only will that consultant be able to react quicker to issues- by not having to "catch up"- but the consultant will likely spot trends that can be lost, when day to day operations get in the way of objective thinking by on site managers.
Issues with inventory control, operational efficiencies, market changes, employee morale and other key day to day operational or administrative tasks can be vetted and outlined by an engaged business consultant; saving a company time, money and other valuable resources.
What makes the business consultant such a great decision?
Regardless of size, all business owners and managers face tough decisions. Those decisions can be muddied by the stresses of day to day operations, outside influences or a lack of organization. Business consultants have one objective: Support their clients business and its management, in a manner that provides prosperity.
1. Business Consultants are engaged in analyzing the business culture and environment. By understanding your individual environment and that of the entire market, your business consultant will give you clear, objective advice on issues affected by these.
2. Business Consultants will have a top down view of your operations. Through regular review of your operations, they will pinpoint inefficiencies and/or weakness in your operations, again, providing you with objective advice in order to take corrective action.
3. Business Consultants will understand your financial situation and how each part of your company contributes to that situation. Through regular review of your operations, your consultant will identify positive and negative trends within your company, tackling issues long before they become infectious or cause too much damage.
4. By being a part of the forward looking plan, you will gain an objective pair of eyes, looking out for your business from an entirely clear perspective. Always with an ear to the ground on industry or local issues, your consultant should provide advance information on a wide variety of topics that may affect your company's future.
Small business consulting is a growing field of expertise. It has been realized that all business owners and managers benefit from having an objective consultant on their team. By engaging a business consultant and keeping them involved with your company, you ensure that he/she will be able to react for your business in an efficient manner, helping you solve issues quickly. In today's hyper-communication environment, reacting to issues efficiently with sound information is key in making good business decisions and having a prosperous business.
About the Author - Brian Smith has been a management consultant for over 20 years. He has consulted with clients in all 50 United States and over 20 countries. Brian is the founder of Individual Advantages, a 13 year old International Management Consulting firm. Brian is the developer of BIZVision™, a structured organizational methodology used by hundreds of companies world-wide. Visit, [http://www.YOURBIZDR.COM]http://www.YOURBIZDR.COM, the site offers this BIZVision in a more affordable way for small business owners.
Article Source: http://EzineArticles.com/?expert=Brian_S_Smith http://EzineArticles.com/?Could-Hiring-a-Business-Consultant-Be-One-of-Your-Smartest-Business-Decisions?&id=3284040
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