Checklist for Starting a Karaoke DJ Business: Essential Ingredients for Success
If you are thinking about going into business, it is imperative that you watch this video first! it will take you by the hand and walk you through each and every phase of starting a business. It features all the essential aspects you must consider BEFORE you start a Karaoke DJ business. This will allow you to predict problems before they happen and keep you from losing your shirt on dog business ideas. Ignore it at your own peril!
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A Step by Step
Guide to Starting a Small Business
This is a
practical manual in a PDF format, that will walk you step by step through all the
essential phases of starting your Karaoke DJ business. The book is packed with
guides, worksheets and checklists. These strategies are
absolutely crucial to your business' success yet are simple and
easy to apply.
Copy the following link to your browser and save the file to your PC:
https://www.bizmove.com/free-pdf-download/how-to-start-a-business.pdf
Leadership exists on a continuum from managing self to
managing others to managing the organization. Natural leadership
does not mean that you either have it or you don't. It does mean
that you are willing to assess your style and behavior, and that
you are willing to learn and grow.
1. The only person you can change is yourself.
Self-management comes before managing others or
managing an organization. Understanding the impact of your
behavior is crucial to leadership.
2. You must feel comfortable being in a
leadership role.
Leadership calls for authenticity. If you are not
comfortable with the role, others will sense it and withhold the
full measure of whatever it is they have to contribute.
3. Being a natural leader involves being able
to adjust your style to the skill level and commitment of others
in any given situation.
Reading the people/task mix requires skill, flexibility
and intuition.
4. Natural leaders develop other leaders
Leaders of today must share skills, insight and power
to bring along others who have the potential to lead. This
includes giving others the opportunity to lead. Someone once
said that leadership is like manure. Left in a pile it starts to
smell really bad and does no good. Spread around evenly it
promotes growth and doesn't smell bad at all.
5. As a leader, you must make sure information
flows freely in all directions.
The culture must be such that withholding information
to strengthen one's own power or for any reason is absolutely
not tolerated.
6. Leaders have to be accessible.
You have to create a culture in which people feel they
can tell you the bad news as well as the good news. You cannot
isolate yourself or let others isolate you.
7. Leadership in modern organizations means
sometimes fading into the background . . . when it is natural to
do so.
You do not have to plan every tactic or lead every
charge. Hire good people who can articulate your vision as well
as you can (maybe even better) and then let them do it.
8. Leaders need to provide support.
Become a sponsor for someone else's idea or project.
Make sure you provide the resources and structure others need to
succeed.
9. Leaders must create a culture that
encourages risk and tolerates mistakes.
In these times, playing it safe in business is the
riskiest strategy.
10. Leadership skills can be developed.
Natural does not mean born with. Leadership skills can
be learned and this learning circles back to self-management.
1. Set goals for your campaign
increase sales, attract advertisers, drive traffic to
your site, build brand awareness
2. Develop unique selling proposition (USP)
about your company, its products and services; create
key message points about the benefits to end users
3. Determine your target audiences
Internet industry, advertisers, consumers, Wall Street,
etc.
4. Begin a publicity program
write a press release about significant company
announcements (ie: new product launch, a strategic partnership,
a new source of funding, advertising sponsorship, an experienced
executive joining the company)
5. Select appropriate spokespersons for the
media--yourself, your marketing manager, your technical expert
6. Create a target media list
business editor and Internet/technology reporter for
local newspaper, advertising and interactive trade editors,
business reporters, TV reporters covering cyberspace
7. Send release to reporters by E-mail or fax
by 8 A.M. of the day you issue it
follow up with a phone call by late morning; talk to
your messages points; you'll only have time to give the top line
of the story
8. Follow what reporters are writing every day
and know their interests
9. pot industry trends by checking online media
and traditional print and broadcast coverage daily or several
times a day
10. Build relationships with reporters
invite them to lunch; see them at industry events.
Predict Your Future. Do not use a crystal
ball to create forecasts of your business. By carefully
analyzing the historic trends of
your business enterprise, as
shown in your records for the previous five years, you can
forecast for the year ahead. Your listing
of earnings, your
experience with the markets in which you sell, and your general
understanding of the economy should allow you to
predict a
sales figure for the following calendar year.
When
You've Got a Sales prediction figure, make a budget
demonstrating your costs as a percentage of that figure. Within
the next
year, you can compare real P&L amounts for your
budgeted figures. Thus, your financial plan is an important tool
for determining
the health of your business.
Make
Timely Decisions. Without action, predictions and conclusions
concerning the future are not worth the paper they're written
on. A decision that doesn't lead to action is a poor one. The
pace of business needs timely in addition to informed decision
making. If the owner-manager is to stay ahead of competition,
you have to move to control your own destiny.
Effective
Decision making in the small business requires several things.
The owner-manager should have as much accurate
information as
possible. With these facts, you need to establish the effects of
all feasible courses of actions and the time
requirements.
When you have made the judgment, you have set up your company so
the decisions you make can be transmitted into
actions.
Control Your Business. To be effective, the owner-manager
must be able to motivate key individuals to acquire the results
intended
for within the price and time limits allowed. In
working to attain outcomes, the small business owner-manager has
an advantage
over large business. You can be flexible and
fast while many big businesses need to await committee actions
before a decision is
made. You don't have to get permission
to behave. And equally important, bottlenecks to implementing
new practices can receive
your personal attention.
One of the Secrets is in determining what things to restrain.
Even in a small business, the owner-manager shouldn't try to be
all
things to everyone. You ought to keep close control on
people, products, cash, and any other tools that you consider
significant
to maintaining your performance pointed toward
profit.
Handle Your Folks. Most companies realize that
their largest expense is labor. Yet because of the close contact
with employees, a
few owner-manager of small businesses do
not pay enough attention to direct and indirect labor costs.
They have a tendency to
think of these costs in terms of
individuals rather than relate them to profit with respect to
dollars and cents.
Listed below are a few Tips regarding
personnel handling:
Periodically Review every position in
your company. Take a glimpse at the job. Is work being
replicated? Can it be structured so
that it motivates the
worker to become concerned? Can the tasks be given to another
employee or employees along with a position
eliminated? Can a
part-time person fill the occupation.
Play A little
private mental game. Imagine you have to eliminate one worker,
If you had to let 1 person go, who'd it be? How would
you
realign the tasks to make out? You may get a true solution to
the imaginary problem is potential to your financial benefit.
Usage Compensation for a tool rather than seeing it as a
essential evil. Reward Superior work. Look into the possibility
of using
raises and bonuses as incentives for greater
productivity. By way of instance, can you envision bonuses like
morale boosters
during seasonal slacks or other dull periods?
Recall That there are new ways of controlling
absenteeism through incentive reimbursement plans. For example,
the owner-manager of
one little company eliminated holidays
and sick leave. Instead, this owner-manager gave each worker
thirty days annual leave to
use as the employee saw fit. At
the conclusion of the calendar year, the workers were paid at
regular rates for the leave they did
not use. To qualify for
the yearlong cover, the employee had to establish that sick
leave was taken only for that purpose.
Non-sick leave had to
be applied for in advance. Because of this, unscheduled absences
and overtime pay were decreased
significantly. In addition,
employees were happier and more productive than they were under
the older system.
Control Your Inventory. Don't tie up
all of your cash in stock. Use a perpetual inventory system as a
cost control rather than a
system only for taxation purposes.
Establish use patterns or purchase patterns on the materials or
items you must stock to keep
the minimum number required to
provide your clients or to preserve production. Excessive stock,
while it is finished product or
raw materials, ties up funds
which could be used to better advantage, as an instance, to open
up a new sales territory or to buy
new machines.
Centralize your Purchases and avoid duplications. Be a relative
shopper. Confirm orders in writing. Get the price and amount
straight right away.
Check what you Receive for quality
and condition. Check bills from providers against quotations.
You don't wish to be the victim
of the mistake.
You
Ought to, However, keep 1 fact in mind once you install your
inventory control system. Do not invest more on the control
system than it will return in savings.
Control Your
Products. From control of stock to control of merchandise is but
a step. Make sure that your sales people recognize
the value
of promoting the products that are the most lucrative. Align
your service coverages along with your own markup in mind.
Arrange your goods so that low markup items need the least
handling.
Control Your Cash. It's good policy to handle
cash and checks as though they were perishable commodities. They
are. Money in your
protected earns no return; also it Can be
stolen. Bank promptly.
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