Business – Page 2 – Korsell Corporate Consult

HOW TO TURN YOUR PASSION TO YOUR PROFESSION

July 26, 2018 Published by kccadmin

The words readily come to mind, “Love the life you live, live the life you love”. While this may sound like great advice, it’s easier said than done. Everyone is passionate about something – writing, photography, traveling, coin collecting, skiing. The list is endless. One of life’s great questions is how to turn your passion into your profession.

If this was an easy process, everyone would do it. It’s going to take commitment, sacrifice, and determination. Turning your passion into your profession may take years to accomplish. It may require university degrees, entrepreneurial efforts, skill development, or countless other things. Following your dreams will push your comfort zone, but you really can find a job that pays you to do what you love if truly want it.

Below you’ll find general steps that you can follow to turn your passion into your profession:

Start – It’s easy to daydream, but if you want this to be your reality you need to do something. Figure out what you are truly passionate about. Use your free time to teach yourself the skills you’ll need to pursue this new endeavor. There’s a good chance that this process will start as a side gig.
Explore Your Options – The biggest puzzle piece is determining how to make money doing what you love. You have to find where your passion overlaps with what people demand. For example, if you love food, you might be a chef. If you love watching movies, you could become a movie critic. If you love surfing, you work as a surfing instructor. Depending on what you love to do, you may have to get a bit creative. Do your research and see what you can come up with.
Invest Time – This process isn’t going to happen overnight. Use your free time to learn the ins and outs of your future career. Plan to start as a side hobby and slowly turn it into a money making job. Take the time to become qualified and to become an expert.
Network – Tell your network about your new job. Meet influencers. Connect with professionals. Build your personal brand and your social presence. Let people know who you are and what you’re doing.
Learn From Your Mistakes – Every successful person has failed at first. Learn from your mistakes and you will thrive.

To successfully pursue a job doing what you love, you need to be driven and motivated. You’ll have to work hard and earn the job that you love. It’s imperative that you realize this now. There’s no easy road to success when you’re pursuing your passion.

When you turn your passion into your profession, you’ll be able to make a living doing what you enjoy doing. You’ll finally be able to escape the boring old office and focus your energy toward something that makes you smile. And work won’t really feel like “work” anymore. It’ll be fun.

What are you waiting for? Right now is the time to turn your passion into your profession. If you don’t take the leap of faith now, you may never do it.

Disclaimer Notice: This post is sourced from www.jobmonkey.com

Does Communication Really Matter?

July 25, 2018 Published by kccadmin

Communication plays a fundamental role in all facets of business. It is therefore very important that both internal communication within your organization as well as the communication skills of your employees are effective. Effective Communication is important for the development of an organization. It is something which helps the managers to perform the basic functions of management- Planning, Organizing, Motivating and Controlling. Communication skills whether written or oral form the basis of any business activity. Thus, it can be said that effective communication is the building block of an organization.

Effective communication is a basic prerequisite for the attainment of organizational goals. No organization, no group can exist without communication. Co-ordination of work is impossible and the organization will collapse for lack of communication. Co-operation also becomes impossible because people cannot communicate their needs and feelings to others. If open communication within a workplace is encouraged, a more cohesive and effective team will emerge. Good communication within a team also tends to boost employee morale. When employees feel that they are well informed of the company’s direction and vision, they will feel more secure within their role. Regular internal communication can also lead to an improved work ethic if staff are reminded of achievements and feel that they are working towards a common goal.

It is through effective communication that an executive ultimately gets work done by others. When managers are effective communicators, they are more able to inform staff adequately of their responsibilities and what is expected from them. Good communication skills also helps managers to provide constructive feedback to their staff, build better relationships, and understand personal goals that staff may wish to work towards. Therefore, a successful executive must know the art of communication. Moreover, communication is a means whereby the employee can be properly motivated to execute company plans enthusiastically. It is the means by which behavior is modified, change is effected and goals are achieved. The first executive function is to develop and maintain a system of effective communication-the tool for understanding. It is commonly said that what nerves are to human organism, communications are to an industrial system.

A lack of communication can lead to the collapse of any organization. Whilst that is a bold statement – without proper marketing collateral and communication internally and externally, most organizations will struggle to survive. Communication can also lead to productivity and helps to avoid unnecessary delays in the implementation of policies. Communication is not confined solely to employees. Management must communicate with its customers, owners, the community as well as its prospective and present employees. But our discussion is restricted to interpersonal communication and the organizational communication process. When regularly communicating both internally and externally, organizations remain more transparent. This is important in building trust in your brand, in your services and also internally when it comes to the trust that employees have in higher management.

It is particularly important for a customer service organization to develop good communication channels and processes with all of its stakeholders and especially with its customers and employees. The Inland Revenue operates in a fast-changing world and its culture is changing to become more customer-focused. It has assumed responsibility for new areas of work, and has developed sophisticated modern internal and external systems to enhance multi-channel communications. It is vital that responsive, informed employees identify and meet their customers’ requirements as quickly as possible. To meet this challenge, the Inland Revenue has embraced a range of communication methods that take full advantage of modern technology.

NB: This article is sourced from LinkedIn.

WRITING BUSINESS MINUTES

July 13, 2018 Published by kccadmin

You would have to write and report minutes after your business meetings. When our meetings aren’t effective, we waste valuable time figuring out what we are trying to accomplish in them. When our meeting minutes aren’t effective, we waste the time we spent in meetings. Without good meeting notes or minutes, we may not remember or recognize:

What we decided in the meeting
What we accomplished in the meeting
What we agreed to in terms of next steps (action items)

And when we can’t remember the items above, we end up going in different directions and then meeting again for the same original purpose!

(Definition: Notes and minutes are the same thing. Minutes are more formal and are often required by organizational bylaws.)

To avoid wasting your time spent in meetings, be sure your notes and minutes answer these 10 questions:

When was the meeting?
Who attended?
Who did not attend? (Include this information if it matters.)
What topics were discussed?
What was decided?
What actions were agreed upon?
Who is to complete the actions, by when?
Were materials distributed at the meeting? If so, are copies or a link available?
Is there anything special the reader of the minutes should know or do?
Is a follow-up meeting scheduled? If so, when? where? why?

Minutes need headings so that readers can skim for the information they need. Your template may include these:

Topics
Decisions
Actions Agreed Upon
Person responsible
Deadline
Next Meeting
Date and Time
Location
Agenda items

Do’s and Don’ts:

Do write minutes soon after the meeting–preferably within 48 hours. That way, those who attended can be reminded of action items, and those who did not attend will promptly know what happened.

Don’t skip writing minutes just because everyone attended the meeting and knows what happened. Meeting notes serve as a record of the meeting long after people forget what happened.

Don’t describe all the “he said, she said” details unless those details are very important. Record topics discussed, decisions made, and action items.

Don’t include any information that will embarrass anyone (for example, “Then Terry left the room in tears”).

Do use positive language. Rather than describing the discussion as heated or angry, use passionate, lively, or energetic–all of which are just as true as the negative words.

Blog source: Business Writing

SHOULD LOCATION MATTER

July 5, 2018 Published by kccadmin

Your business would at some point in time or the other have to decide on where it is to be located. This decision is exciting and could equally be frustrating, given the implications it can wield on your business, in terms of convenience and costs. Definitely, an entrepreneur would have to consider a plethora of factors and map out the right factors that would facilitate growth of the firm.

Significantly, an entrepreneur has to develop an understanding of the various needs of all stakeholders in the business. These stakeholders primarily include staff and employees, customers and support services. The purpose of understanding these is to ensure that you operate in line with prevailing conditions. Your employees want to be sure they can have access to you at all times and your staff must not be stretched beyond limits to report to work. Essentially, you must understand that operating where support services for training and specialist consult services exist is fundamental to the development of your staff as it translates into overall success for your firm.

Another element you may erroneously dismiss is what impacts the location of your competitors, relative yours would have on the strides your business would make. Competition drives excellence. While you may want to maintain some proximity to your competitors in order to fancy your chances of knowing what strategies they are adopting and what new solutions are emerging, it is still important to draw into perspective, all other conditions that may place you at a disadvantage in this regard.

Location thus matters. Talk to us at KCC and we would guide you through what solutions are most relevant for your business. Talk to us today. Click here

Image Credit: Google Images

HOW TO MAKE PROFITS IN YOUR BUSINESS

July 3, 2018 (updated July 3, 2018) Published by kccadmin

At every point in time or the other, your business would have to convincingly make returns that outrun the costs it incurs for operations among other things. This is what profit means and it is a guiding principle for growth as it enables you to reinvest in your own business. It would be very silly to have to commence a fruitless adventure. Even sillier would be deciding to operate without a direct and known revenue source. The truth is even NGOs make some profits at the end of the day. The motivation and use of those profits is what differs from mainstream profit-focused companies. You are no Santa Claus. Determine a profit making strategy. At KCC, we believe the key is in reducing your costs. As much as possible, reduce cost.

In the course of your operations, you would incur costs on labor, equipment, maintenance, software, insurance, legal, rent on office etc. These are unavoidable costs you must factor as operational costs, if you want to keep the sanity of your books. The truth is these are essentially the elements whose combined efforts would keep you out of making profits. In the short term, the situation is even terrible if you do not have a strategic plan to effectively combat these costs while the long term may be guaranteed some sustenance from your earlier purchases you may make. That notwithstanding, you are not altogether absolved from the realities of huge spending to keep your business operational and your investments secured.

Hence, we recommend a deliberate resort to reducing these costs. If the cost of labor is expensive, consider automation or any other mechanism that ensures you reduce your cost of labor significantly. Endeavor to find cheaper equipment but still keep an eye for quality, keep a relationship with maintenance in order to guarantee you don’t embarrass your funds with continuous purchase of materials you have already purchased. Among others, keep your business low on spending but increase your brand visibility with the huge social media market space and let the qualitative service you are offering work a tremendous dose of smile on your fortune.

Your business would keep that smile as would you. Talk to us today on doing more. Click here

AN ENTERPRISE OF MERIT

June 29, 2018 Published by kccadmin

A business must identify a unique value point in order to thrive. It is a very common thing to see lots of businesses under different brand names doing the same thing, under same conditions, making same mistakes and earning same returns. This repeat of value across board means a multiplicity of resources and efforts without a considerable utilization of skill, intelligence, creativity and innovations. If this situation does not create boredom within the industrial space, it causes complacency and kills the zeal for improvement. The reasons for which your business must meritoriously stand out are obvious and plain. It is up to any business to discover what practices would produce this desired result and consequently commit resources towards achieving it. We share a couple of these today.

GIVE YOUR CUSTOMER A KING’S RIDE

You have probably heard already, that the customer is right. You should never really want to question this. If ever you are motivated to insist on your stands against a customer’s goodwill, shut down and operate a court system; business is not what you should do. It is essential for you to give your customer a service that cannot be copied or emulated by your competitor. If at any point in time, there is customer dissatisfaction, be prepared to review your methods and regain your customer. It is the key to ensuring you are standing out in the industry and maintaining a lead over all others. The merits cannot be overemphasized enough. Create the conditions that would put you in the minds of your customers at all times and delight yourself with their respective and individual progresses. Send goodwill messages to them on their birthdays and don’t forget to create bonuses in your dealings with them. You would be amazed at the returns these seeming insignificant thoughts would have on your company.

GIVE HONEST ADMISSIONS OF YOUR PRODUCTS AND/OR SERVICES

It is commonplace to see businesses try to create perfect images of themselves at all times. A business can go to the extent of lying about its own products, create unsolicited fantasies about the service, build tremendous faiths and confidence in the eyes of customers and expose their huge defects and insufficiencies. Otherwise, a business would fail woefully to keep the schedules it sets with a customer and offer to provide justifications for it. The truth is there is no better policy that should guide a business than honesty. It should not have to compete or compromise with any other policy in your organizational structure at any point in time. Identify the gaps in your own delivery and take responsibility for it. There is nothing more upsetting than to be found telling lies by your customer. It weakens the confidence with which they operate with you and can degenerate into major scandals that would affect the lifetime existence of your company. Tell the truth about your products, offer just what you have advertised and create an impression on your customer that is solid and good as gold.

ENGAGE YOUR PRODUCTS

This isn’t conventional and probably isn’t your GoTo tip for being efficient and meritorious in your operations. Nevertheless, it is the one sure way you can be sure you are giving services or products you would have bought yourself. The principle is this; would you purchase what you are selling if the reverse was true and you were the customer? If you must think twice about this, then quickly review your sales method and most importantly, review the product you are offering for sale. Something might be wrong somewhere. You should have absolute confidence about what you are selling and trust the product to be a complete marketing tool in itself. It is the only way you can be sure you are doing something right and positive.

Identify what works for your organization and make the best of it. You would be beating competition while finding motivation to do what you love to do best. Click here to lean more of how to develop your business with services that work.

Photo Credit: Google Images

THE KCC-YOU BROMANCE

June 19, 2018 Published by kccadmin

Entrepreneurship is a life changing decision. It alters situations and creates a responsibility that leaves lifetime impressions. The KCC dream is an emphasis on what strides are made when entrepreneurs understand the world’s need of them. This understanding underscores the existential importance that is garnered from a realization of the supra-relevance entrepreneurs bring to the world. Substantively, it determines the merits to an evolving world system steeped in an appreciation of the need to create more and solve more.

Entrepreneurs are the life source of growth and development. They create a matrix within which all that pertains to progress may be examined. To create a solution space and income-generation outlet is no mean feat, in fact, no meaner than committing to the sustenance of entrepreneurial goals, amid antagonizing odds. What remains critical is the fact that entrepreneurs have an importance that cannot be overlooked or underestimated any further. The attempt would be ridiculous and embarrassing.

Given the fact that differences may arise somewhat in preferred entrepreneurial styles, it is absolutely necessary to rope in a full-scale meritorious structures and processes that are in and of themselves, wholesome and are able to adequately map out the business plan for success. This strategic planning for success disengages all shades of ineptitude that may characterize the business structure. It develops a framework, guide policy, system configuration and ethics. Constructively, these shape the business outline and readies the enterprise for growth – satisfying a need so ancient yet golden, the entrepreneurial drive for success.

KCC has a comprehensive and strategic system that ensures long and short term structural progressions. Our modules are designed such as to enable the smallest business devise a foolproof strategy for development.

Get involved in our business structure development program today. You would be pleased you did. Click here.

Image Credit: Bing Images

SETTING UP FOR THE BIG PITCH

June 18, 2018 Published by kccadmin

Most businesses have great ideas and solutions they offer. As a matter of fact, new and existing businesses are reputed to develop even greater ideas while in operation, leading to what many call the Shiny Object Syndrome. With these great businesses, it is only logical to expect great solutions to the teeming world challenges. Nevertheless, there is a huge gap between individuals with the idea-power and those with the financial strengths necessary to drive in the capital that would translate these ideas into real solutions. It is why investors exist and why you have a responsibility of presenting your business idea in a manner that would appeal to investors for the support you need.

You must understand that your business pitch is a great step in the life of your business. You must give it all the preparations and seriousness it needs to drive home the urgency of your demand. For some entrepreneurs, the pitch is some kind of an interview, structured to produce the life of the business. Approach it with absolute importance.

DETERMINE YOUR ADDRESSEES (DYA)

The DYA system enables you to determine the type of investors you are pitching to. Different investors respond to different business solutions and at different levels. You don’t want to spend a considerable length of time speaking to people who are outright not interested. While some investors may not even agree to meet at all, others who show up may do so just to adopt your idea and suit it to meet their style, fund it in a way you may never be able to compete against and leave you struggling with fund and capital raising. Determine who you are addressing and structure your pitch to meet their demands. You may well know if you need just an angel investor or a registered network of investors.

CHOOSE A PREFERRED STYLE

The objective in a pitch is to appear as one who has all facts, ideas and the minute nitty-gritties pertaining to the business you’re professing. Be that person. In that respect, you may want to adopt a story-style narration, or a crisis resolution approach. Whatever the case is, make sure your thoughts are well organized and your ideas flow sequentially. Don’t forget to smile when necessary, but stay on top of the issues.

BE BOLD, ASSERTIVE, SIMPLE, INCISIVE AND CONTENT-DRIVEN (BE BASIC)

At KCC, we say be BASIC. Put up a courageous outlook and do not be intimidated by a hostile bunch of investors. Being BASIC means you are resourcefully utilizing your self-worth while projecting a tough impression of someone determined to make business bloom. This would come in handy when you must prove why an investor would benefit from indulging your business or identifying with your organization.

EMPHASIZE A SALES DRIVE

At every point, you must show a zeal for reaching a large pool of customers in order to drive in increased sales. This is to show your would-be investors that they are about to venture into an avenue with direct sales inlet and outlet. It gives an assurance that you are in the capacity to make profits and subsequently pay back the loaned or invested amounts. In this regard, use all resources at your disposal to market yourself and your business as profit-oriented. This provides a guarantee that you are capacitated to work out full expectations and churn out appropriate results.

Understand your business needs and what drives it. The passion so identified would translate into what content you present to your potential investors and that is the marking point for any success your pitch would chalk.

Talk to us at KCC today, we are willing to guide you through this phase. Click here.

YOUR BUSINESS IN THE EYES OF KCC

June 14, 2018 Published by kccadmin

It started with identifying a specific situation. Probably, you realized the neighborhood could do with a regulated janitorial service. Better still, you discovered your love for photography and decided to explore the commercial aspects to it. Either way, you determined there was a significant need for the service or product you were looking to provide. Perhaps, you followed the global convention of researching the prospects or otherwise of success, with respect to the business idea you so gleefully adored and cherished. Who wouldn’t anyway!

And so you committed to it. Just so you would be safe and maintain your head as a legal citizen, you pursued with rigorous might and a religious fear, the legal undertones that ought to be adhered to. Realizing what gains you could make as a limited liability, you probably opted for it and patted yourself on the back for your meticulous devotion. Friends and family got wind of it and the congratulations continued to pour in. You knew however, that you were still not there, at least not yet.

You needed financing. You understood that you may not have the full financial resources you would need and smartly applied for the KCC Capital brokerage service. Of course, this was because of the trust you had built in our systems, following your understanding of our startup support service. And as was to be expected, we competently delivered on the demand. You finally sought the extra hands you needed and was set to make returns – solving society’s problem and being your own boss.

At KCC, we congratulate you on the strides you are making and couldn’t be more proud at knowing that our belief in your ability to live your dream is materializing. We see the potentials of growth your business has and encourage you to accelerate your processes and systems for growth. Our reputation as the number one solution in consultancy is sourced from the progress we see your business chalk. We encourage you to continue in your walk with us and while at it, enjoy a relationship that transcends formal business transactions to a space where our emphasis on friendship with you need not be overemphasized.

Talk to us today about your business plans and challenges. We would love to hear from you. Click here.

Photo Credit: Bing Images

IF YOU EVER NEEDED KCC…

June 13, 2018 Published by kccadmin

At any point in time, your business is going to try to grow. You would realize that there is some need to make extra profits in response to increased demands or grow your staff base with newcomers and higher expertise. When you are about to make this major decision, it is easy to get scared and frightened about the potential outcomes. ‘What if I am not ready for this new stage?’, “what if I have not learnt all there is to growing?”, “would I be able to meet the new demands?”, you wonder. Often, the prospects excite you nevertheless and you could venture into a domain you were never really prepared for. At the onset, it looks good and the adventure begins to pay off – until the major setback hits you and you realize you were never really prepared for growth or you didn’t understand the indicators as you should have. A common observation is you were over-expectant and did not understand the risks that are typically associated with any expansionist attempts. Your business may survive this setback, but you would forever remember the avoidable losses you incurred.

When you begin to make profit, see the sales rolling in and your customers overly excited with your services, you are bound to ready yourself for the next stage. At KCC, we give you a pat on the back for the great strides you have made in your business and are even eager to help you deal with the fears of expansion.

KCC is determined to ensure business sustainability in Ghana, Africa and beyond. Our focus on growing business and saving ailing startups is a direct response to the emerging challenges that have noticeably crippled most expansionist attempts in Ghana.

Business growth only thrives when you understand the need to separate the desire for growth from an obsession with making increased profits. It is a deathly adventure to seek growth because you assume your business needs to make more profits. Quintessentially, you must embrace a right attitude for growth. Position your psyche to understand the demands of growth and be sure it is precisely what you need. You would be saving yourself tremendous nightmares.

KCC helps you develop a right approach to meeting this demand. Apart from leading you into developing the appropriate attitude, we provide insight into determining the right kind of staffing the newly grown company would need. Hiring and firing is probably the hardest thing you would have to do in your business life, but it is also the sole decision that may ruin the fortunes of your business forever.

Endeavor to have a solid capital base before you attempt any expansion in your business. You certainly do not want to be locked and caught in a quagmire, stuck in emptiness and with no resourceful means of getting back in line. We take significant delights and pride in our capital brokerage services. Learn how we do it here.

Your business needs KCC because your business must grow. After an interaction with us, you can be sure you gave the best treatment to your business idea. Living your dream is possible with KCC. We would be happy to talk to you today about your specific needs. Click here.

Tag: Business