Posts from — June 2008

Anyone and Everyone who wants to make best of their time. ( Time Management for the jargon Freaks )

You will surely agree that Time Management is one of the most Essential aspects for anyone/any business to succeed. Having said that, it is for everyone of you who want to live your lives doing things that you love doing and also for those who just need a life.

Time Waste = Life Waste

Everyone of us have daily routine tasks that we feel that we should not be doing, but we still do them for various reasons;

— No other alternative
— We are control Freaks
— Never thought of a way out of it
— We think that only “I” can do it
— We get so used to it that we think the world will crumble if we don’t do it

These tasks usually are:

• Doing internet research
• Drafting reports
• Sending same follow up emails
• Responding to same Enquiries Repetitively
• Doing website maintenance
• Trying to learn new technologies
• Writing artilces
• Posting Articles
• Posting Squidoos
• Microblogging

What Do I do About this Issue Then?

Well, you should start by asking yourself some basic questions:

• What are the main processes in my business?
• What are the core processes of my business that REALLY need my personal attention?
• Which processes/tasks should I focus on?
• Which processes can be done by someone else in house?
• Which processes can be handled by someone else off site?
• Where would I want to spend the time I save, what do I enjoy doing?

Next Step >>> Give it a thought and write down your processes and wait for my next article

PS: Signup to my newsletter so that you stay updated.

Located at the cross-roads of investments in the Indian Ocean region, the Republic of Mauritius has enjoyed unprecedented socio-economic development with an extensive economic growth averaging 5% for the past 20 years. This is the fruit of wary economic governance backed up by sound business and financial infrastructure with a reputation for reliability, efficiency and probity.

The further consolidation of the legal and fiscal framework through the endorsement of a series of modern and user-friendly legislation has contributed to the rise of Mauritius as a prominent offshore financial services centre is adding a new dimension to the economic prosperity of the country. The Government adopted a wide range of incentives to attract investments, and as a result, while the agricultural sector used to dominate, up-market tourism followed by textile production now accounts for the greater part of the Mauritian economy. Hence, the legal and fiscal framework through the endorsement of a series of modern and user-friendly legislation has contributed to the best practice’ principles thereby making Mauritius a very attractive destination for holding and structuring global investments.

The legal framework governing trusts and companies is probably the most modern of all jurisdictions. Mauritius has adhered to the new international requirements, with a view to tracking money laundering and combating terrorism financing and has enacted appropriate legislation in this respect.

In 2003, Mauritius joined the Egmont Group, a membership which enhances the prestige and quality image of the jurisdiction.

Mauritius has got a charisma that further consolidates the fact that it enjoys a solid reputation as a well regulated centre and provides for guaranteed confidentiality for those engaged in lawful business through express provisions and customary laws governing relationships between banks and customers and between professionals and clients.

All this to tell you that you can easily incorporate a company in Mauritius, regardless of your nationality and budget, trade on a global basis and benefit from major Tax benefits. How does it sound to be able to trade on a global basis and pay very little tax or no tax at all? Did you know that Tax Avoidance is fully legal?

Let me know if you want to know more,,…which I am sure you do!!!

Why Do I you need a Virtual Assistant?

Ask yourself some basic questions

Do you find yourself:

• Doing your own bookkeeping (and you’re not a bookkeeper)?
• Maintaining your own web site (and you’re not a web guru)?
• Doing data entry and feel so silly doing it.
• Creating your own marketing materials (and you’re not a copywriter, marketing consultant or graphic designer)?
• Doing your own customer service/scheduling/correspondence, etc. (and you aren’t a virtual assistant)
• Doing anything else than what you do best i.e your core business?
• Too busy trying to make money.
• Starting projects that never go anywhere because you don’t have time to follow through.
• Working over 80 hours a week just to get by.
• Needing help, but you can’t afford to hire anyone.
• spending very little or no time with your family and they don’t recognize you anymore.
• Overwhelmed. Exhausted.

If you answer yes to any of these questions, you should think over it again.

Take Some Action Get Calling.

……. I will be happy to help in any case.

Outsourcing is a term used in business and it is gaining popularity on the net as millions of web site owners discover they do not have all the tools, budget and skills necessary to handle each and every portion of their businesses.

Unlike having to find, interview, and hire an employee - and thus incur the tax liability of a new employee - often savvy business owners turn to outside companies. Outsourcing services take on the tasks underlying a business leaving the owner more free time to pursue the front-end of his or her business.

Wikipedia states:

“Outsourcing” involves transferring or sharing management control and/or decision-making of a business function to an outside supplier, which involves a degree of two-way information exchange, coordination and trust between the outsourcer and its client.”

Outsourcing, therefore, becomes an integrated part of your business. The importance is to determine what should be outsourced, why it should be outsourced, and who will provide your outsourcing services.

Business segments typically outsourced include:

* Information technology
* Human resources
* Facilities
* Real estate management
* Accounting
* Direct Online Marketing and SEO

In addition, many companies also outsource their customer support and rely on call center functions.

Using the Know How of Others - Leverage is the word

The business owner must be able to step back and make an honest evaluation of his or her talents. We are not all created equal. We all have different strengths. One surefire strength for business success that a business owner must cultivate is the ability to delegate responsibility through the use of outsourcing. That’s how a well-run, profit-pulling online business accomplishes its goals.

While we all love to do our initial digging online, pick up a phone and call or send email inquiries or submit forms for call back when choosing an outsourcing service. Make sure your questions are addressed intelligently and at a level of understanding that you feel most comfortable with. Avoid listening to pre-scripted sales pitches where all they want to do is monopolize the phone and beat you down to the point where you really don’t know what they can or cannot do. Take control of the conversation, then turn that conversation into an effective two-way street of open communication. Any company not willing to do that - or vague in their explanations of how - should be moved to the bottom of your list as you locate the best outsourcing company to work with you and your website.

Finding a company that understands and weeds out fad flash-in-the-pan methods, and builds your marketing business on solid, proven methods of web site promotion should be your goal. Find that company and establish a two-way street of information and trust in order to work effectively together.

In Summary

Outsourcing is not just for the “big guy.” Overall outsourcing is viewed by many organizations as a strong business tactic that ultimately is a superior economical approach to developing products and services.

Simply put, don’t try to do everything yourself. You may have many fine strong points, but running your online internet business single-handedly should not be one of them. Learn when and delegating responsibility can actually make your business grow by leaps and bounds. Then find an outsourcing service you can work with - one with a complete understanding of your web site - one that is willing to go extra miles to make your business a success.

If you feel the need to outsource and don’t want to do the leg work of going to find a suitable company, please get in touch with me, I would be more than happy to help.

Thanks

Rajeev

Take Some Action Get Calling.