The 80/20 Rule In Business
By Mike Yates

how to start your own business
Although it has been talked about again and again in business circles, the 80/20 rule never ceases to amaze me. If you’re not up to speed on the 80/20 Rule yet, read on. That, additionally, 20% of the distributors were responsible for 80% of the headaches! Having worked with many other businesses too it is also rather uncanny but interesting to note that:
20% of your sales team are likely to be accountable for 80 % of your sales results
20% of your own client base will account for 80% of your sales
20% of your products will return 80% of your profits
The list goes on and on and becomes more interesting as we look more deeply into each business model. Interesting because once we focus on these areas within our businesses you may find that you start to see patterns emerge that you hadn’t noticed before…
A third party look at your business, your team and yourself, if you like.
So what happens now if you focus 80% of your effort on the top 20% items on your list?
This tends to come up time and time again with business owners when we discuss the difference between working ‘hard’ and working ’smart’.
Sooooo……if you worked smart on the ‘right things’ what could you now achieve in your business that you have previously found difficult? Check more info about starting a small business
What might happen if you applied this idea to all areas of your business? How might it change the way you look at your business and your business results? It’s an interesting thought, is it not?
How To Start An Office Cleaning Business - Tips From The Pros
By Kate Carpenter
Office cleaning is an easy, low-cost business that will make you more money than you ever dreamed of! It’s up to you what and how you want to build your office cleaning business.
To be successful as an office cleaning business, you need to start out knowing as much as you can about every aspect of running your business.
Tip #1-You need a business license or fictitious name AND be bonded
Getting a business license or fictitious name or DBA-Doing Business (depends on where you live as to which), is relatively easy and well worth the $25 or $30. Call either your city or county recorder’s office or clerk and ask about how to apply. What is a bond? Bonding insurance is for protection of the person you clean for just in case you break something or you hire someone they might steel something the insurance will pay the person back. The pros suggest you call around to various insurance agents to find the best deal. You don’t need a million dollar bond, but probably a $100,000 will do. Later, as you hire workers, you will, also, need liability and worker’s compensation insurance. By being bonded and having a certificate that shows that to potential clients, it eliminates an objection in the clients’ mind. Additionally, now you can set up a business account using your business licence, fictitious name or DBA certificate.
Tip #2-Getting Your Cleaning Supplies
Most of the pros recommend you purchase your cleaning supplies at a big discount store and don’t forget to check the dollar stores, too! glass cleaner
furniture polish
general all purpose cleaner
rags
toilet bowl cleaner and brush
paper towels
vacuum-preferably a little weight or easy to carry one
One pro suggested that you buy several plain spray bottles to transfer your cleaning supplies so your clients won’t know what products you are using. Here’s what some of the pros do:
* “I have a cleaning business and I have found that profits are better to clean smaller businesses and new home construction.”
* “I stopped into real estate offices with business cards, put an ad in the Yellow pages, and put fliers around. Get a nice clean truck, get it tastefully lettered with a nice logo, and also get some shirts. Offer a discount or free clean for new customers or as a referral bonus for your clients who refer new business. Detail info about starting a small business
* “no, don’t hire a telemarketer.
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