Ten Tips for More Effective Meetings

Review the agenda and the meetings purpose. Get agreement on the outcomes to be accomplished by the end of the meeting. Make sure you have genuine buy-in.

7. Appoint a Devils Advocate

For each issue discussed, appoint and rotate the role of “devil’s advocate”. Many people will not speak out at meetings for fear of retribution, low group trust or just the fear of looking stupid. As a result “group think” becomes the norm and poor decisions result. By appointing a devil’s advocate, you give official permission for raising differing views.

8. Designate Follow-Up

After an issue is agreed upon, designate:
Who is responsible
What they will do
By when This is the key issue of accountability. It makes the meeting worthwhile because it results in real organizational change.

9. Do a Meeting Review

On a flip chart sheet, draw a line down the middle. On the top of the left column place a simple plus (+). On the other column, place a delta () (for needs improvement). List group responses to the following:
Were the outcomes achieved?
What worked and what didn’t?
How can the meeting be improved? Use this information to plan the next meeting.

10. Monitor What Happens After the Meeting

Note the water cooler/coffee machine conversations after the meeting. That’s where the real meeting analysis often comes out. Comments made away from a meeting negative or positive do not contribute to the meetings productivity. If you hear such comments, figure out a way to bring that information to the next meeting. It may require a revision of the ground rules so people feel safe to discuss the real issues.

Meetings don’t have to be the horrible experience that they often are. By following these tips, your meetings and your organizational results will improve.

World Of Opportunities Is Back With Business Opportunities Show 2013 In India

It is the beginning of a new era which would bring entrepreneurs in India to search Business opportunities in a new way as Franchise India promises to bring the biggest iconic business show India has ever experienced. Yes, the Franchise Indias Delhi Show (Asias Biggest Business opportunities show 2013 in India) is back again with more opportunities and success paths to choose from as your way to become a leader for tomorrow. Join the event on October 19 – 20, 2013, Pragati Maidan, New Delhi, India.
It is 11th year for Franchise India flagship Delhi Show. And in past years, we have positively impacted more than 300000 business entities. Individuals eager to invest into franchise or start-up opportunities; micro, small and medium entrepreneurs wanting to take on next stage of enterprise; even large corporate organizations keen on expansion or new ventures in the franchising or retail space. We have helped international businesses and funds enter India, and we have taken Indian business to every possible destination in globe.
Potential of Business opportunities Show 2013 in India:
— International Pavilion turning the spotlight on international franchises having their own dedicated promotional campaign and a stand format geared to new concepts
— Exclusive confluence that brings together franchise concepts that are developing in India as franchises or master franchises
— Meetings to put potential franchisees in touch, Franchise India will help in matchmaking for all the international companies seeking master franchisees
— Association and International Strategy consulting on request
— VIP Lounge to conduct your meetings more privately and exclusively
You will be glad to know that this show will be holding around 500+ Indian Brands, 75+ Global Brands, 30,000+ Entrepreneurs & Business Buyers, and 150+ Global Experts At, 3 Parallel Conferences 50+ Preferred Business Suppliers, 20+ Industry Pavilions and 50+ Award Categories.
Brand owners, companies that are potential licensors, licensing professionals from various industries, retailers/ distributors / wholesalers, brand and property owners, advertising and marketing agencies, promotional strategists, marketing heads & brand managers, management students and even more will be visiting to be the part of the biggest franchise show.
All in all, Business opportunities show 2013 in India is the best opportunity for anyone having in mind to start his own business, getting associated with a reputed brand in any particular industry, wants an idea of setting a new business, or thinking to invest to safeguard his future and reap the rewards for lifetime through a successful business model. Be a part of it and cherish all the knowledge, ideas, opportunities and path that you will get from this Delhi show.

How to Make Your Home Business Successful Through a Connection with another Business

Is it really possible to make your home business successful simply through a connection with another business? Indeed, the answer is a resounding yes! Granted, skeptics are quick to point out that it is unwise to send your customers or even only potential customers someplace else, but consider all the benefits!

For example, if you are running a home business that specializes in designing and creating outfits for dogs, why not make the connection with your local veterinarian? If you already own a dog and assuming you and your vet have a good relationship, she or he will most likely not mind having some of your business cards and maybe even a photo of your dog in a spiffy outfit displayed on the office bulletin board. This connection might net you some customers, since anyone who visits the vets office is usually kept waiting long enough to peruse some of the ads on the board. From there, why not branch out and make the connection with your local animal shelter? Maybe you adopted your own dog from there, and you could offer a free doggie garment of a non expensive variety, of course for anyone who adopts a pooch from there. This will get your name out, but it will also be undoubtedly good for some repeat business! Yet another connection could be made with your dogs groomer. After all, she or he is in business to make dogs looks and feel good, and so are you! As you can see, your home business can become a resounding success simply by making a connection here and there.

Another example is that of the home business that does notary work. Notaries are in constant demand, since many business transactions have to be notarized. Sure, banks, law offices, and even some medical offices might have their own notaries, but what if someone gets sick? What if a transaction did not originate in a local office, but instead took place via the Internet? Getting the name of your home business out there is the connection you will need to make in order to be called in when there is a need! For example, think of a way that your notary business is different from the way the notary at the local law office does business. Odds are, the law offices notary is also a legal secretary, paralegal, or relief receptionist, and having her or him leave the office is next to impossible. You, on the other hand, are free to travel to a signing, a clients business, or even the courthouse. Make sure that you talk to the lawyer and the human resources manager at the local law firm and make that connection. After all, a home business connection is worth money!

Could Franchising Be The Business For Me

Most people are familiar with franchising. For the benefit of those who are not, according to https://wikipedia.com franchising is the system of doing business wherein a franchisor licenses trademarks of a product and tested methods of doing business to a franchisee to receive payment like a percentage from gross per sales or gross profits as well as the annual fees agreed upon, as compensation for the trade secrets shared as part of the franchising agreement. Sometimes legal contracts may vary as to the terms of franchise and may not fit the definition above. Sometimes, the methods on how to do the business may not be part of the franchise or other benefits that other franchising companies give may not be available to others.

The most common franchising companies known to the public would be chain of food stores like McDonald’s which nowadays offer some franchising strategies to reach a wider consumer market. McDonald’s has become a household name since it was able to reach a wider consumer market that is not only limited to the United States and the Americas but to the rest of the world. The success behind McDonald’s becoming a household name and the one of the most known trademarks around the world is due to the system of franchising. Aside from the buildings that McDonald’s rent to the franchisee, it also has a stake on the sales of the franchise and the cost of the supplies charged to the franchisee. To help out in the quality of products and services offered in each food chain, McDonald’s sends a member from the franchisee to their Hamburger University in Oak Brook, Illinois. This is one support benefit that the franchisee would get once they franchise a restaurant for McDonald’s.

Like any business, there are advantages and disadvantages that franchising offer to anyone who wish to venture into it.

Advantages

Popular labels are widely known and are likely to sell. Popular trademarks like McDonald’s are likely to sell than a new restaurant that has not reached a market such as McDonald’s. It is selling a well known product to a consumer market which knows the product being sold.

No need to develop a new product that has not been well researched. Venturing into franchising would allow the franchisee to have access to information that the franchisor have about an existing product and put up a business in a shorter period of time.

Trainings and seminars would be provided to the franchisee about the product. It would be easier to operate and manage the business since there are available trainings and other support methods for the franchisee.

Disadvantages

High standards held by the franchisor raise costs of maintenance in the franchise. Since the standards of the franchisor would definitely be high, sometimes the cost of maintaining a franchise can escalate. Unless the materials used would be second rate and low in cost.

Development of new products might still need to be passed for approval to the franchisor. If the franchisee would like to add a product which they think would be saleable in their market range, the new product has to be approved first by the franchisor and this may take time and it would likely be rejected if it does not meet standards of the trademark.

Profit is limited since the franchisor has stake, most of the time, on the profits of the franchise. Not only does the franchisee have little control of the franchise due to many stakes that the franchisor has on the franchise, the profit of the franchise would also be split between the two. Therefore, there is a limit to how much the franchise would earn.

Even if there are several disadvantages in franchising, still there are advantages. If you think you could handle this kind of business, all I can say is, business is gambling. In any industry there are players and you might be lucky that you would be on top once and sometimes at the bottom. Get to know the game play and start playing to win the game.