Business Database And The Role It Plays In Expanding Your Business

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Different databases have come up with the advancement of technology and we all have witnessed their major role in the smooth operation of a business organization. Business organizations of every type and size are now maintaining an online presence and online database have become the backbone of every business website. They have become very popular for sharing, holding and gathering information. This has clearly eliminated the need of companies to store large chunks of data on their computers as that can now be stored on the internet. Builders of web database offer a wide variance of applications that include mechanism for analyzing, managing and storing data over the internet. As the applications are powered with data analysis, data reporting and data collection, they provide you with a lot of benefits. You are also free from the fear of losing any valuable data as it is backed up on numerous servers that are located at different positions. The applications are of high quality and so your online users can access it at minimal time. As the competition in the business world is increasing, it has become necessary to maintain an online presence to survive the cut throat competition. The cyber world also offers limitless ways to promote your products and services.

Database software system is required for business firms for maintaining their data. Companies take the help of databases to keep all sorts of information in an organized manner. They not only help in storing data, but also retrieving them efficiently. They have many in built features for performing specific functions. They can provide you with unlimited storage capacity so that you can store as much data as you want. While developing such a database, many factors are taken into consideration to ensure that it is perfectly fit for your business.

An organizations web database can be accessed by remote users from any part of the world with the help of internet facility. This provides a lot of opportunities for business holders to reach to a wider audience and thus expand their business. They can also work in collaboration with other organizations.

Posted in: Business

Identifying A Good Equipment Lease Business Partner

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Time and again, many business owners bravely face the challenge of financing the business, particularly with regards to purchasing equipment. Although banks offer business loans that can be used for financing equipment, getting approved is generally not that easy, especially if you have just started the business. It is a relief to know that that there are leasing companies that offer equipment lease financing, a wonderful option for big and small businesses in the industry. In this article, let us discuss pointers on how you can find a reliable business equipment lease company.

Not All Equipment Leasing Companies Are the Same

Different leasing companies offer different types of lease services. Some lessors exclusively provide service to certain types of industries. There are lease companies that offer leasing for specialized machines only while there are lease companies that act as a one-stop shop for businesses that need any kind of lease.

Lessors also have different standards in approving leases. Some leasing firms actually have more rigid standards than others, primarily when evaluating the clients credit history. Then there are other lessors that offer special lease programs for new and start-up businesses. Thus, even without business credit, it still possible to get a lease.

The amount of lease financing offered varies from one lessor to another. Some leasing companies may provide a low lease (under $100,000) and some may provide a higher amount of lease financing ($100,000 and above).

A business owner must make sure that your chosen leasing company does provide service to the same type and scale of business that you manage prior to submitting application. It is important to look for a business equipment lease provider that offers flexible programs.

Searching for the Right Business Equipment Lease Partner

One way to find the right business equipment lease partner is to ask for help. Request for referrals from your personal contacts such as your business attorney, suppliers, banks and friends in the industry. Gather a list of potential leasing firms and be prepared to investigate what each firm has to offer. Make sure that you understand the specific lease programs offered as well as the list of requirements that you need to prepare.

The internet is also a great tool in finding an equipment lease provider. Check out websites of major equipment leasing trade associations in your State or country and find a list of recommended lessors that provide service to businesses in the same industry and scale as yours.

Choose your top three potential leasing companies and be prepared to do further evaluation. Dont forget to check the leasing companys background and reputation, the specific services it offers, the companys ability to deliver, its relationship with customers and the prerequisites in applying for a lease.

Once you have collected all the information you need, ask for pricing quotation from 2 to 3 lease firms. Do not submit multiple lease applications to more than three leasing companies as too many queries can send out a negative impression to a potential lessor.

Posted in: Business

Successful Small Businesses In Africa

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Doing business in Africa can be profitable and risky at the same time. Small or big businessman, he/she will only become successful only if he will learn/undergo coaching and mentoring. The bigger the business is, the bigger the loss. The loss and gain of one’s business depends on their sizes. But with expert management, some things may turn around. Small business will earn a lot and big businesses will sink big time.

Small businesses in Africa is perceived as the most stable type of business. People believe that smaller ventures face lesser risks compared to huge businesses. In this time of recession, smaller ventures tend to become more flexible than any other businesses. But it does not mean that all small business will soar. Success is achievable only if you have chosen the right type of business. In Africa, investors carefully choose what type of small business they should start. Selection of venture is not an easy task, it is better if you will have a reference of what businesses have withstand the business environment in Africa.

Small businesses in Africa related to manufacturing, health, wholesale and retailing industry and agriculture. Businesses on these categories profit more because of they provide and sustain the needs of Africans. The ever-growing needs of the people is an opportunity that businessmen should enjoy, especially now that the region is on the frontier of economical development. From time to time, their demands for basic commodities will grow.

Manufacturing is nice business to do because of Africa’s abundant resources. Even if there is a presence of large manufacturing companies, there is still a room for small groups because they are the one who can reach more Africans faster. They have a direct procurement on certain materials and machinery. Possible small businesses are weaving, lace making, rug making, retail bakeries, pottery and many more. The labor force for manufacturing in Africa is relatively high, adding up to its potential in the African Market.

Health services, including education aids, can also be appealing because until now, it one of Africa’s problem needed to be addressed. People in the continent are in need of massive transformation on their health and education programs. If there will be an entry of investment on this area, bigger growths are possible. Entrepreneurs will be the one to provide aids and support to Africans.

Wholesaling and retailing industry plays a vital role in the African market. Food products are usually imported and operate by wholesalers. It is a profitable business of the possibility of involvement of foreign trades. Wholesalers are very important in the distributing systems in the market, they are suppliers for independent retailers and informal operators. Common businesses in this industry are stores, dealers of some products like, electronic, farm and construction materials, liquor, home furnishing and a whole lot more.

Agricultural sector is the most positive investment the one can indulge in. Africa is evidently rich in natural resources. The continent is one of the world’s largest landscaper. All that they need is more intelligent farming knowledge and innovations to give way for expansion of the business. There is also a great number of Africans who have been doing farm business ever since.

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An Introduction To Workplace Conflict Resolution Management

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Conflict resolution management is one of the most important aspects of business management. The long term success of a business depends on the extent to which the employees cooperate with each other, pick each other’s brains, and work towards a common goal to increase business profitability. So, it is your responsibility as a business owner to make sure they get along well with each other.

When it comes to business conflict resolution, you have two choices. You can either resolve the conflict by yourself or you can bring in a mediator to deal with it.

Dealing With It Yourself

First, you should ask yourself if you have the necessary skills to deal with a workplace conflict. If you do not have the required skills, you might end up making a bad situation even worse. The consequences, needless to say, might affect the business badly.

If you are sure you have what it takes to resolve a workplace conflict smoothly, you can start off by listening to both the parties involved. Ask them to explain their problem and suggest a solution to the same. Once they do, compare the solutions offered by both parties and try to find the middle ground. Try to find a solution that satisfies both parties.

Once you successfully resolve the problem, keep a close eye on both parties for a while. This is an important step in conflict resolution management. Check back once in a while to see if they have worked out things and if they get along with each other well.

Getting a Mediator

If you think you cannot handle the problem, you can get the help of a professional mediator who has the required expertise and experience.

One of the biggest benefits of hiring a mediator is that he can find an agreeable solution to even the most complex of workplace problems. This can save you a lot of time, effort, and money that you would have otherwise wasted on the problem. Moreover, if someone from your family or one of your relatives is involved in the conflict, there is always a risk of your verdict being seen as biased or prejudiced. To avoid this problem, you can bring in a third party mediator who can analyze the problem objectively and offer the right solution.

Business conflict resolution experts usually rely on their instinct and experience to find out what the problem is, what caused it, and who is telling the truth. Based on what they infer, they offer a solution that all the parties involved in the conflict can agree with.

Helping Employees Deal with Workplace Conflicts

A lot of companies and independent mediators these days offer conflict resolution management programs that can teach your employees how to recognize and resolve a conflict in the workplace. These programs create awareness about workplace problems, their consequences, and the detrimental effect they have on an employee’s productivity. They also help employees develop the skills required to resolve conflicts in the workplace.

Encouraging frequent, consistent, and clear communications is one of the most effective ways to reduce ambiguity, uncertainty, and office politics. Business conflict resolution experts say that it increases transparency, boosts the morale of employees, and makes them believe in your leadership qualities.

Posted in: Business

How To Start A Effective Internet Business

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How to Begin A Successful Internet Business

Beginning your own successful internet business isn’t a task to be taken lightly. If you’re thinking of getting rich quick, perish the thought. An internet business is just like conventional companies in many aspects. It’ll need intelligent planning, resourcefulness, and perseverance to carry it through.

You’ll want to ask your self a couple of questions before you start. What exactly do you want to achieve by beginning your own internet business? Many people wish to begin a home-based business because of the perks it will offer. Many people dislike having to get up in the morning at set times to go to work. Most folks also have an aversion for their bosses, and just about everybody hates traffic jams. Its no wonder that individuals wish to get away from all that. Having a effective internet business is one way to avoid having to go to an office daily. Note, however, that these benefits will only accrue to you once you have already succeeded. Before that you will have to work hard, perhaps even tougher than you did on your day job. An online business is still a business, and it will call for determination on your part to make it work.

There are lots of methods to make money over the internet; there are lots of forms your online business can take. Basically, however, you will have to select between marketing your own goods and solutions and helping somebody else sell theirs. In internet parlance, you are able to either choose to create your own affiliate program or join one. Either choice is really a great way to make money; but several factors have to be considered before you make your choice. Take note that starting your own affiliate program will require that you have your own product line, whereas simply being affiliate will not – you will simply sell pre-existing products and solutions. The creation of an affiliate program will also require a modest amount of money.

Online businesses, however, aren’t restricted to affiliate programs alone. The internet also hosts a very active labor market, so if you are a specialist in some field, you most likely wont find it too difficult to find a job. However, keep in mind that full-time positions over the internet are uncommon. However, freelance work is plentiful and often always available. Numerous websites act as middlemen for getting contractors and freelance service providers with each other; very couple of charge a fee. In the event you feel out of depth in beginning your own business, using your expert abilities might be a better option for you.

Making a successful internet business will require intelligence, resourcefulness, and hard function. If you’re the type of individual who gives up effortlessly, you shouldnt bother – you will be wasting your time. But if you are an individual who likes to rise up to the challenge, somebody courageous sufficient to take charge of your own life, then by all indicates, give it a shot! You by no means know what you can do unless you try!

Posted in: Business

How to Cut Down the Risks in Small Business

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You can’t get all that far ahead in business if you haven’t taken risks. Many people in business try their best to avoid big risks, but there are some that are worth taking. Whenever it comes to any risk in life, whether it’s investing company money or asking a girl on a date in high school, we constant exaggerate potential negative outcomes in our minds. Rather than picturing poor outcomes, proper evaluation of the level of risk for the situation will help weigh out the pros and cons. Taking risks that have been properly weighed out in pros and cons is the best way to get ahead in business, especially when that company is smaller and intends on growing much large in the near future.. Overall, it is a chance of exposure to gain or loss for your business that might be undertaken after the advantages and disadvantages are carefully considered. If you have been playing it safe with your business, it might be time to take a risk that will change how you look at decision making. Here are 7 ways to minimize the risk for your company:

1. Analyze Which Risks Make Sense for You Risks are different levels of extremes for everyone, depending on their comfort level with change. For your business, you may want to become more efficient with your processes. For another, the concentration might be on growing their customer base. These two businesses would need completely different and specialized plans for what they wanted to achieve. .

2. Set Your Goals and Brainstorm By knowing your goal and working backwards to see how much time it will take to make the change, you prepare yourself for the process of the change. This step in the process also makes you aware of how many people will need to be involved and when.

3. Evaluate the Risk Level of Each Opportunity When researching and preparing for the possibility of taking a risk, it is important to be unbiased to judge – such as an accountant, insurance agent, or marketing insight – in order to let you know when it would be a bad idea to push forward with business growth in mind.. By getting an outsiders insight on your business, you get a more solid foundation of where your business is and where it could end up.

4. Create a Detailed Plan of Execution With a calculated risk, you have to figure out what your goals are and fill in a roadmap of what will need to be done to make it happen. For example, coming up with a training program to roll out new procedures in your business works best when there is a set plan of exactly what each employee will learn and when. By thoroughly researching the change you are planning to make, you know the consequences and benefits of what you are about to do. Rather than playing it safe or hiding inside the procedures you know work well, you can find more opportunities in business than you ever knew were possible. Stepping out of your comfort zone is never easy but when it comes to business, easy tends to rarely be the best option. Instead, trying out something that may or may not work could lead to the big break you were looking for either directly or indirectly by showing you what you would have never learned on your own within your own zone of comfort..

5. Edit and Change the Process As You Go If you get halfway through a process and realize it is not going as planned, don’t be afraid to change it! There is no one size fits all fix. Each company has its own issues and goals that cane be achieved by looking at solutions that are tailor-fit for your own specific needs..

6. Review the Results Whatever the outcome of your plan, use the results to help you adjust future decisions. Maybe you needed more funding or more time to complete the goal – now you are more aware of what to expect in your next endeavor.

7. Don’t Be Afraid to Fail Not all risks go as planned, but it is crucial that you learn from your mistakes. While there is always a chance of failing, we feel as though risks can be very beneficial to everyone involved when they are well thought out and executed properly. Risk is unavoidable, so controlling it with an informed decision is the best approach you can take for your business.

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How To Decide Business

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The key reason why some firms thrive while others implode through an economic recession remains a puzzle to many business-owning entrepreneurs. Some incorrectly assume that all businesses must suffer by recessionary series. But the truth is that some companies tend to be essentially recession-proof, and it is not necessarily because they are much larger, better known, or additional generously capitalized. What truly separates this successful enterprises from those that Collapse in the course of down pays out is quite possibly organized about a uniquely dynamic in addition to healthier approach to business.

Here are some ideas for creating a company which will greet any recession efficiently:

Set, measure, and consistently monitor catalog targets, product sales goals, as well as revenues. But help make profit – net benefit – the principle overriding focus.

Rather when compared with simply shooting at nighttime, those who have the correct tools can purchase targets in addition to hit these. When profits begin to drift downhill, they can certainly realign their particular focus to hone in on them in a more specific and accurate manner and obtain back on track to earning. Those who usually do not respond proactively to be able to changes are at an increased risk for not only wasting time and funds, but in addition losing their valuable buyer base and overall company integrity and congruency.

That Critical Distinction between Result and Response

Coaches often consider the should remain quiet and mindful under discomfort, so that instead of simply reacting in the random as well as haphazard fashion you can respond with more levelheaded as well as effective actions. If you’ve adequately educated and completely practiced to meet a set of challenges, responding to be able to adverse conditions is often relatively easy and flourishing. But responding to situations you are not prepared intended for or helpful to can frequently lead to knee-jerk actions which might be neither thoughtfully conceived nor efficiently executed.

This Four M’s connected with Profit

Perhaps a brilliant business strategist such as John Chapman will fail not having profit, and keeping profits by carrying out a recession is essential. But adherence towards “Four M’s connected with Profit” may also help guarantee success even if times are usually tough.

They are as practices:

Management

Intelligent managers realize how to systemize regime procedures to streamline these, while humanizing that exceptions. Which means that, such as, while customer service systems needs to be consistent as well as follow written guidelines and rules, customer service depends upon well-trained humans to spontaneously solve the issues that are usually unexpected or intriguing. They do so by understanding that core values from the company and internalizing those to beneficially represent the company under all circumstances.

Funds

Strategies for dealing with money could make or crack profitability. A booming approach in order to managing money will contain several major components. Those include things like auditing expenses and setting budgets which are understood and followed by everyone in the business. Following, margins ought to be increased – even though only progressively – to be able to fatten profits.

Marketing Strategies

Instead of just shopping for the burger, by way of example, the buyer also will buy fries and a soft drink to travel with the item. “Down-selling” successful when an individual might if not not purchase anything. Accommodate its budgetary requirements and create a customer for all his life, rather than wanting to sell them what they will can’t pay for and losing them to a competitor.

Products

Cash is King in a Recession

Nevertheless it was capable of make that strategic acquisition because it had cash around to expend and make investments while alternative banks were struggling not to lose operating capital. To obtain low and sell excessive requires purchasing and acquiring when are offering and unloading, and businesses which are recession-proofed are capable of doing so in addition to emerge via an downturn in the economy even additional energized and poised intended for profitability.

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The Importance Of Having A Business Uniform Dress Code

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In the United States, more than thirty two million people go to work everyday wearing business uniforms. A business uniform can project a unified image of a company that consistently works with the public.

A business uniform can indicate to customers who the employees are and ask for assistance. Business uniform also allow employers to dictate what type of dress is appropriate for their business. Employees prefer to wear business uniforms, as they do not have to buy a wardrobe for work. There are some employers who will pick up the cost of cleaning the business uniforms. This mostly happens when the company is renting their business uniforms.

Most business uniforms are made of a cotton polyester blend fabric. It stands up to numerous cleanings and is durable and long lasting.

Traditionally, business uniforms have been plain and drab single colored shirt and pants. The color was usually brown or navy blue, or white. There were no other colors that were available.

In recent years, style has come to business uniforms. Employers are choosing oxford shirts and dress pants over “the plain look.” This is called “the executive look.” This look is gaining popularity. It gives the appearance of a prosperous dignified office. Other business uniforms such as lab coats and aprons, vests and smock can be worn over regular clothes. This promotes the image of unity without each person wearing the same business uniform. Most business uniforms can last up to five years. This is with regular wear and washing.

Another option that employers have is to rent business uniforms. This however can be very expensive and eighty percent of all business owners buy their business uniforms out right. When an employer rents their business uniforms, the rental company is responsible for the cleaning of business uniform. The option of renting business uniforms is cost effective to business that have a high employee turnover rate. By renting the business uniform, the company is not paying out funds to buy business uniform for employees who will not last long.

Business uniforms are sold through many different companies. Retail outlets and direct sales companies may be the most expensive, but they also offer fantastic discounts. Business owners should try to find vendors who specialize in only business uniforms. Buying from vendors such as these can save a company a lot of money.

Another advantage to ordering from vendors is that they can offer different terms in their service. They can offer services such as embroidering of logos and employee names. Business uniform rental companies supply each company’s employee with five uniforms per week. Each week the rental company drops off the one set of clean business uniform and picks up the dirty ones. This is done for everyone in the company that has a business uniform.

These services usually require a minimum order of business uniforms and a service contract for two years. This is the standard in the industry of business uniform rentals.

Although it would be more cost effective for a uniform rental company to handle business uniforms if the company is based within the same area as a company that is already being serviced. Some business rental companies will offer a discount for services if a current client refers their service.

The rate for purchasing business uniforms for a five-year period can be as high as two hundred dollars per employee. This rate does not include any cleaning fees.

The rate for renting business uniforms is usually a negotiated rate. It can be between two hundred and three hundred dollars per employee depending on how many business uniforms are supplied to each employee. This rate can be lowered if the service contract is longer than two years.

Experts advise that when a company chooses to rent business uniforms, they should not choose anything to bizarre. By choosing a standard type and color business uniform, replacement business uniforms can be easily obtained. Experts also advise that it is a good idea to institute a business uniform dress code. It will help with the overall image of a company.

In past years, when business uniforms were returned, they could not be reused because of logos that were embroidered on them. They were difficult to take off and often ruined the business uniform.

Today, thanks to a new process that has recently been developed, the logos are attached on a small patch that is heat-sealed on the business uniform. It can be removed with very little effort and there is no damage to the business uniform. This makes reuse of the business uniform possible, there by lowering the cost to companies in need of rental business uniforms.

When a company decides to either rent or buy business uniforms, they have already got a specific design in mind. Whether they have something specially made for the look of their company or they go with the traditional look, they are looking for a good high quality long lasting and durable business uniform. The do not want a business uniform to fall apart before the contract is up.

It can be confusing for a company to try and find the best rate and the best quality business uniforms. It can be a long process comparing company rates and policies.

By doing a google search, it will yield over seventeen million links. Who has time to go to all those links? A suggestion is that by narrowing the search to a specific city and state that the company resides in will reduce the number of results thereby cutting the search time almost in half. This will make the search much faster.

Business uniforms are becoming popular not only in the United States, but all over the world. Countries like Australia are realizing the benefits of having a business uniform dress code. Thousands of businesses in Australia have already instituted a business uniform dress code policy.

Studies have shown that by starting a business uniform dress code policy is first step in making your business run better and be more productive.

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Business Role Of Whatsapp Messenger – Whatsapp For Android

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Till today we have seen the use of WhatsApp Android for the chatting purpose as well as social media leading role. Today, we are going to familiar you with the role of Whatsapp Messenger for business.

As per the market research, nowadays, use of WhatsApp For Android has jumped the boundary of conversation. If we take a look in current scenario of the eCommerce business then today many leading eCommerce platform using free messenger like WhatsApp android for communication between the seller as well as buyer. It has been seen than compare to email account people are tend to check their Whatsapp Messenger account more. If ecommerce platform offer the free messenger for communication then people tend to use their service more compare to other. As communication is the base to gain the trust and in case of eCommerce business if you provide free of cost platform to your customers for the communication then definitely they will rely more on you compare to your competitors.

In the second phase where WhatsApp Android has explored its wings is media as well as editorial places. As per the report, many local news websites are involved in using WhatsApp for Android. WhatsApp Messenger has played its role as communication tool for many news covering. However, its main reason for this field popularity is easier way of offering to forward news via free platform just in pinch of time. Moreover, its advantage of taking image and forwarding on free platform make it more favorable for this field. As in news covering many times its required to take an image of current situation and make familiar visitors for the ongoing activities in such case instead any other platform Whatsapp android played leading role.

Furthermore, WhatsApp Messenger has covered the market of the customer care. Any customer care activity provider has jumped to the Whatsapp for android. The reason for this moving is free of cost messaging for different platform like voice, text, image, location and many more. However, the marketable purpose of WhatsApp acceptance is not only cost efficiency, for both the company and the customer. Because this valuable application offers better practice towards the consumer like customer services is avail without any surcharge with prompt reply.
In conclusion, I can say that there re many areas where WhatsApp Android has gained the popularity and in future also it will gain. As, this application has been designed by keeping in mind all expectations of users.

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Proper Workplace Etiquette Is Great For Business

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In order to run a successful business every action has to offer the customer something useful. Great products or services are extremely important, but the behavior of your employees and the level of customer service you provide is just as important. Making your customers comfortable with proper business etiquette, is the cornerstone of a great business model. p>

1. Honesty is one of the most important aspects of a business. Your customers have to trust you. Building that trust depends on honest transactions and following through with everything promised to the customer. If a few customers spread the word that you don’t follow through with what you promise, it will damage your reputation.

2. Confidence in your products and services will go a long way. Avoid answers like “I don’t know”, this will leave doubt for the customer, if you don’t know, how are they supposed to know. Know your products or service extremely well, every small detail about what you offer is important. If you don’t know something, look it up, or ask someone before giving an uncertain answer.

3. Manners are just as important in business as everyday life. Avoid anything remotely offensive to the customer. Bad manners will put your customers off for certain.

4. Politeness and good manners go together, some may consider them the same. Greeting your customers properly will give a great first impression. Use polite words such as please, thank you, you’re welcome, sir, ma’am. A proper greeting example”Good afternoon Sir, is there anything I can help you with today”.

5. Compliments are received well if done correctly and are a useful tool in a business setting. This one is a little tricky, if done incorrectly, it may offend the customer. Tread lightly, and keep it simple, a comment about their clothing would probably be best. “I love your shirt, or I’m a Washington Redskins fan too”, avoid comments about physical appearance.

6. Hand shaking is common in business settings. A firm handshake will present confidence. If you’re a male, wait for the female to extend their hand, and use a lighter handshake.

7. Eye contact will assure the customer that you’re committed to them, that they have your full attention. Keeping direct eye contact when you meet them. Looking away or at other customers will give the customer the impression that you’re disinterested or distracted.

8. Smile as much as you can, especially when you first greet someone. A smile will signify that you are enjoying conversation with them and helping them with their needs. You don’t have to maintain a smile the entire conversation, but when you are greeting or ending a conversation are the most important times.

9. Enthusiastic greetings will give a customer the feeling that they are appreciated and that you want to interact with them. This instills confidence in you and what you are saying.

10. Speak clearly and in an appropriate tone of voice. The normal conversational tone is fine, as long as you speak clearly enough to hear. This will follow the enthusiastic greeting, show confidence in your voice without being too loud. Proper business etiquette is great for business and will assure your customers they are your focus. It will give them a reason to return for your products or services. How you treat your customers is more important than the service or product you sell, so keep that in mind.

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