Friday, September 14, 2012

Tips For Success At The Networking Event

You have prepared and planned for your networking event with almost military precision. You have arrived in plenty of time; you are relaxed and mentally prepared. Now what do you do? Do you rush in and hand out business cards to anyone who will take them? No! Don't do that. Here instead are nine great tips that will help you maximize your networking enjoyment and potential success.

1 - Meet your pre-arranged contacts

After you have been greeted by the event host, and if you previously arranged to meet with a sponsor or business colleague, make sure that you seek them out as promised. Do not spend all your time talking to the people you know well. Save this for another day. After all, everyone is really there to meet new people.
2 - Get introduced to others

Use the host or people you already know to introduce you to others that you may want to meet. This method gets rid of the sometimes awkward ice-breaking stage.

3 - Be the introducer

This is a great way to feel confident. Introducing people demonstrates your confidence and social grace. Pay particular attention to people who seem lost, shy or simply isolated. They will love the chance to be introduced to someone so after talking a little with them yourself, find out who they want to meet and then make the introduction. You will feel really good about this simple act.

Monday, September 3, 2012

Starting a Woodworking Business From Home

Starting a home based business such as woodworking requires a plan. Starting a business with no plan or a poor one is a recipe for failure. Part of this plan should include learning how to control the costs of your home based business. If this business is a woodworking business then this will be similar to many businesses which involve the use of materials and specialized labour.

To make a profit in any business you need to keep track of your costs. When you start your woodworking business you will need to put a final cost on your products. This will include a number of cost variables such as material, labour, overhead, shipping and other miscellaneous items. This may not be accurate at the beginning and you may take a loss. So that is why you need to keep track of your expenses right from the start. Adjustments will have to be made to insure that you make a profit as you grow your business.

Here is a list of costs you should keep track of as you grow your woodworking business:

Labour Costs - This should be determined by how much you would pay a professional woodworker, if you hired this person as an employee. This will be your personal labour cost. You could determine the actual rate of pay based on a percentage of you the cost of materials to complete a particular woodworking project.

Material - Each item you build will have a definite material cost built into it. This cost will not change once you have purchased the material you need to complete the project from start to finish. Keep track of even the smallest items. Remember small things add up over the course of a year and can become a large expense. These could be fasteners, screws, nails, glue, sandpaper, miscellaneous tools and masking tape, etc.