Daven Michaels Blog
Every business can benefit from effective public relations. No matter the size, the industry, or the type of customer base, enforcing strong PR strategy in your marketing plan can do wonders. After all, efficient PR protocol generates much needed news about your company into local, regional, and even national news outlets. And having your face in the news can certainly boost sales and popularity. As such, it is extremely important to generate good news and develop a strong public appearance. In today’s cut throat business environment the age old adage of “all press is good press,” simply isn’t true, and in order to separate your company from negative press you need the talents of public relations professionals.
Individuals well trained and well versed in the ways of public relations can become huge assets to your business as they know all avenues of news reporting and are experts in navigating the treacherous streets of media. It is their job to get businesses in the news, and when employing such knowledgeable persons you can expect well written reports and press releases for [...] Continue Reading…
We all know the truth here; and the truth is that no one has the superhuman power to plan, organize, and manage every aspect of his/her corporation. The business is just too expansive to watch over, no matter how sharp your eyes might be. Sure you can mitigate your obligations by passing them off to responsible staff, but that doesn’t solve the big issues looming in the distance. And if you chose to ignore the heavy build-up of thunderous clouds, soon the distant storm will float over and unleash a nightmare of such severity that can cripple your thriving business.
For example, say you hand over your investment office to an external manager; one that you continue to work side-by-side with, but for the most part let them run the show. As such, all the employees in said external committee remain under your care. They are your responsibility. Therefore, if you ignore petty problems among the outside organization, the brunt of the negativity lands square on your shoulders. And if your actions regarding investment problems are too slow, you put [...] Continue Reading…
The economic recession of 2007-2009 forced many corporations to reevaluate major in-house processes and core values. It was detrimental to continue spending money at the same rate, and business protocols had to change and evolve with the fluctuating economy. One of the largest components reassessed was the operations of corporate counsels, and chief officers were forced to innovate and reexamine their procurement of services. In other words, corporations could no longer rely exclusively on the services of prestigious law firms due to their excessive fees. Instead, corporations developed creative fee structures, heightened price bidding among legal firms, and procured the amenities of legal outsourcing organizations.
Legal Service Outsourcing, shortened to LSO, defines the corporate practice of establishing partnerships with third-party legal providers to aid in corporate legal counsel. Such outsourcing firms either work in conjunction with a company’s legal team or in a tripartite relationship with both a client and it’s outside counsel. It’s a multifaceted process that opens up new avenues for corporate counsels.
Think about it, rather than bombard your legal team with piles of paperwork and frivolous briefings, [...] Continue Reading…
Let’s face it, life as chief executive officer is one of responsibility, stress, innovation, blood, sweat, tears, and eventually rewards. The weight of success rests entirely upon your shoulders, for you are the judge, jury and executioner. You manage the company as a whole; essentially breathing life into the beast of your business. Every employee knows you’re at the pinnacle of the executive ladder, and hence look to you for guidance. It is truly a position made for the strong of heart, for the weight of responsibility can easily crush those who are unprepared or lack conviction.
But even those of you with the heart of a lion and the determination of a bear can fall behind. Business is a hectic marry-go-round, where items are constantly streaming in and out, and at times you get busy and watch as the stack of things-to-do grows rather than recedes. You get caught up, making it near impossible to follow through on every little task, and soon implementation becomes your biggest burden, and you find yourself too busy for a life. At this [...] Continue Reading…
Today we live in a technologically civilized world, where everyone is connected through the devices they carry or their advanced computer systems at home. Linking with individuals on the other side of the world can be done instantaneously; the only question is if you want to call, text, email, instant message or video chat. It’s truly a digital world that all businesses must adapt to or die.
The key to survival is building a noticeable presence on the internet. All businesses, no matter how small or large, must have a website for any hope of attracting and keeping clientele. Being a finger-click away is the type of accessibility people need to accommodate their hectic lives. But simply being online and having a website to your name, is not enough to ensure recognition and desirability.
In order to build a formidable online presence you must develop a professional, high quality website that will increase your visibility, promote outside awareness, as well as establish credibility to your image. In other words, you need a web page that is both attention-grabbing and easy to [...] Continue Reading…
Every addition to your company, whether a new employee, business deal, product, marketing strategy or even something nasty like a legal dispute, generates an overabundance of paperwork that would make any bookkeeper, account service manager, or HR personnel cringe. Everything must be documented, and your company’s finances altered to accommodate the new additions, or deletions for that matter. The books must be managed on an hourly basis to ensure financial stability, which in turn keeps the wheels of your corporation moving forward.
As you see, managing the accounts of a large and productive company is truly a business in itself that must be carefully cultivated to prevent any financial misgivings. It’s a massive responsibility and burden that can easily overwhelm a corporation’s resources, leading to a failure in core values. However, by outsourcing accounting needs to expert advisors, large enterprises can secure financial accountability and focus its energy on improving its services and products.
The benefits and features of accounting outsourcing are boundless. There are thousands of choices to compare when deciding what avenue to take, what agency to hire [...] Continue Reading…
The digital age is in full swing. We are all addicts to our computers and mobile devices, depending on our Internet connection on an hourly basis for emails, social networking, shopping, researching and a myriad of other reasons. Today’s lifestyle simply mandates a digital connection, and enterprises who slack on their Internet identity suffer devastating blows to their sales. The inherent truth is people depend on information from the internet to make day to day purchasing decisions. Consumers will search online before deciding on a service or product, and a staggering 90% of buyers only review the first ten websites listed on a search engine page.
What it comes down to is businesses must invest in search engine optimization for any hope in gaining online popularity. Capitalizing in SEO will not only secure a position in the internet market; the exposure will help drive sales, propelling a company to the next revenue level. The facts are straightforward. In order to attract consumers to your product or service, you must be visible to them, and in order to be visible, your [...] Continue Reading…
I have nothing against standalone virtual assistants. It is the age of the internet, and anyone – I mean ANYONE! – can access the internet and pose to be a professional or guru in any business field. So, it is important that you ensure that you do business with a reputable company, especially when it comes to getting an outsourced employee.
Small and large companies usually have to handle a lot of management functions and paperwork which often times disrupt more important work functions such as following due dates, concluding plans, making deliverables and so on. The financial expenses of these companies seldom allow them to employ more staff. Thanks to the internet, company owners have the choice of hiring full and part time outsourced employees or virtual assistants (VA).
Virtual Assistants are your company’s companions; offshore outsourced VA’s have a lot to offer your company. But, I need to lay emphasis on hiring VA’s from a reputable offshore outsourcing company.
When you hire a virtual assistant from a reputable firm, you can count on the following:
Reliability – unlike one person, you [...] Continue Reading…
Running your own telemarketing department may seem like the best thing to do, but it is not! When you work with an offshore telemarketing outsourcing partner, you will be able to take advantage of infrastructure, staffing and language opportunities of reaching new target audience.
Telemarketing is commonly used for generating leads, setting up appointments, generate and boost sales and gathering information from potential customers/clients to open up a communication portal between them and you.
A lot of companies today, have had the opportunity to discover that telemarketing outsourcing is an awesome way of pursuing business leads without parting with an arm or leg. This is because, they do not have to hire or train additional employees when they choose to outsource.
It is important to understand that successfully managing an in-house telemarketing team will require a lot of skills and experience, which (unfortunately) a lot companies do not have. When you outsource your telemarketing to a reputable offshore telemarketing partner, this will save you a lot of future headaches.
One of the numerous advantages of outsourcing telemarketing to an offshore telemarketing partner is [...] Continue Reading…
Are you a doctor with your own practice and you are wondering why you ought to consider taking advantage of medical billing outsourcing? It is no secret that doctors are considered to be very smart individuals, but when it comes to medical billing, lots of them are totally clueless. It is as though a lot of those who are in the medical field have actually given up hope of ever effectively handling the financial part of their practice and decide to have their billing department handled by just “anybody” – in the long run, their practice ends up suffering…badly!
If you are in the medical field and you not satisfied with the direction your practice is heading, this is the part where you should consider looking into medical billing outsourcing options. Yes, take it from me, you need a competent medical billing outsourcing partner that you need. A good medical billing company offers a FRESH solution to your medical billing issues and w ill be totally committed to improving the profitability of your practice by leveraging optimum processes, IT and [...] Continue Reading…