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Creating Your Own Destiny: the Home-based Business Organizational Chart

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Work on any business project and one of the first elements with which you will become familiar is the organization chart. This is to help you understand your position in the organization. If you work in a support role, you may view this chart and feel that your position is insignificant. The home-based business organizational chart is one that should excite anyone who has ever felt that the services they provide are minimal.

As the owner of a home-based business, you have the unique opportunity to wear many different hats. Many people consider this to mean that an individual has more work and possibly more stress to contend with and thus working for someone else is a better choice because work is delegated to different people. The fact is, taking on the many different aspects of owning your own home-based business can give you more understanding of the needs of your business. By understanding how all the parts of a business are related to the success of the company, as the owner you can make better choices that affect your bottom line. Non-home businesses spend a great amount of time and money trying to get departments to understand the significance of each so that the business flows more smoothly.

Marketing

How a business markets itself is crucial to its success. If people don’t know you exist, how do you expect them to buy your products? People in organizations that are not home-based operations usually pay marketing experts in the business a lot of money to position the organization in the best possible light. When you work for yourself, you are in charge of this effort. By performing the research of your prospective market yourself, you are more apt to understand the needs of your potential customer and make changes in your business according to those needs.

If your home-based business exists online, there are many options available to market your business on an autopilot basis. For example, there are services available that enable you to spin search-optimized articles that can draw more people to your website.

Administration

Staying organized is essential for all business owners. Keeping track of your projects and client files and managing your schedule are important tasks that you will need to perform when you work from home. How does one individual perform this task when they are typically delegated to several individuals in a company? Software has made the life of home-based business owners more streamlined. Managing the administration of your home business gives you insight into various areas. Since you are aware of all the projects coming down the pipe, you can easily develop a work schedule that is more balanced and less hectic.

Accounting

If there is one person in every company who people know by their first name it’s the person who handles the money. Regardless if a human or a computer generates your paycheck, there is the potential for errors. When you own a home-based business you may hire a CPA or other financial expert to help you manage your earnings and to file the proper paperwork, but you see every penny that your business earns. Being aware of your financial position can help you make better marketing and project decisions. For example, if you notice that the months of November and December are times when you make the most money, you may want to spend less money marketing during these times and focus your efforts on the other ten months of the year.

In essence, operating a home-based business involves learning about all aspects of your business and making sound decisions based on that knowledge. By doing this on a regular basis you are in more control of the destiny of your business.

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How to Organize your Website

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Organize your website to help both you and your visitor

Your website needs to be organized so you can add content easily and your visitors can spend time absorbing your content rather than trying to figure out the navigation system. Planning and organizing your site in the beginning phases makes the update process easier down the road because you won’t have to do as much work when it comes to page linking. The file structure needs to make sense to you since you are most likely going to be the person dealing with adding, subtracting and updating pages.

Steps to organizing your website

There are 3 key areas to address when organizing your website. Your first area of concern is how to set up your file structure. This pertains to the main folder, directories and sub directories. It is commonly known throughout the web that a page should be no more than 3 clicks from each other. The second area is your content. Organize your content in a way that lends itself to be user friendly. The last area of organization is the overall layout of the site. Make sure the layout compliments the content. Another point to make is consistency. The layout and theme should be the same throughout the site. Do not have your index page set up in one format and then change the sub pages format so the visitor needs to waste time figuring out where the navigation bar is again or scrolling all over to get to the content they are looking for.

Website structure

There are a few ways to set up a site structure. Making a sketch of how you are going to do it is advisable. The first place you want to start with is the parent page. This “home” page has a link to every page on the next level down. This second level will contain the categories for your site. A link to these second tier pages will be on every page of your site. Each page that is accessed from a page above it is considered a child. The other way to word this is defining directories and sub directories. Your main directory could contain sub directories named contact, main, about us and links. Inside the main directory you could have sub directories of products. Your second tier topics should be titled to the cover content specific to that section. These sub sections are where you will put your content and should be easily navigated to.

Website content

The content of your site is there to convey a message. It should tell a visitor what the site is about, who the information is for and what is offered. This content can be delivered in many ways. Displaying text and images are your primary methods along with video and audio to help support your delivery. The content you include should provide a visitor with valuable information and sustenance. Your primary goal should be to create a positive impression in as little time as possible. This method will help retain a person that has come to your site instead of clicking to somewhere else. Be sure your information is relevant, concise and clear. It should contain your keywords and help direct a visitor to continue browsing your site. When creating your content, get right to the point in sending your message. Don’t beat around the bush with flashy welcome screens or material that is unrelated to what your site is about. Potential visitors want their information quickly or they will go to the next site on the search engine list. Direct your visitor’s eyes to specific areas with the placement and layout of your content. Using bold section descriptions and breaking content into chunks will help get your visitor to what they are looking for in a timely fashion.

Website layout

People are going to be judging both your content and layout when they visit your site. An appealing layout will help keep your visitor and can aid in getting them to come back. Your original layout will continually change as you adapt to the preferences of the people who visit your site. When laying out the site, try to keep it as simple as possible. Creating a user friendly navigation system to smoothly move throughout your site should also be considered when developing your layout. During the layout process you are going to determine how to present your content in an optimized and balanced format. It is suggested that you use a pencil and some paper when creating your layout concepts. Make more than one and look for strong and weak points in each sketch. After noting the best qualities from each, incorporate them into a finalized layout. Be sure to take into consideration that this layout will be used throughout your entire site.

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International Trade

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all, speaking on this topic, I’d like to define what international trade is. Well, I feel it like an exchange of goods and services, results of mental activity and labour force between different countries. The aim of international trade is to use division of labour more efficient with surplus.

Let me remind you, that international trade has a long history and a lot of different theories. If I am not mistaken, first theories of IT appeared centuries ago and many of them are still in use. First and foremost, let me tell you about Economist Cannath Boulduin, that has used the term “cowboy capitalism” to describe the American economy of yesterday. He compared yesterday capitalism to the early American West. The land was so reach and the resource was so wast that the people could abuse the environment with impunity. They could cut down trees, kill buggelo and plug the grass land.

But Boulduin’s “cowboy” is now gone. The cowboy capitalism can’t operate successfully without the wast world unkept market.

Another term to describe our world became popular in the 60’s. We are on “Space ship earth”, “Global village” according to Marshall McLuhan. That was him, who said that all persons are part of one surviving system, hurtling through space together. So the business people of the international global village must recognize that the time of cowboy capitalism is over. The abuse of any part of the world environment must be seen as hazardous to the progress of all our fellow travelers on space ship earth.

Nowadays there are 5 main forms of international business:

International trade in commodities and services between different countries currency transactions is an activity related with moving of the money and its substitutes. employing foreign assets This form of business  includes licenses, patterns, know-how and so on. foreign investments. The foreign investing activity is the process of transmission of the capital of one country to another in order to get the profit. Investments are divided into direct and portfolio. – Assets and securities. International services are  activity  having  no  material  form  but  bringing  benefit. It includes transportation, tourism, engineering, insurance, banking, consulting and so on.

International trading balance is reflected in the below balances. Balance of trade, or other words visible balance, reflects trade in goods. Trade in services (banking, tourism, insurance and so on) is reflected in invisible balance. There is also the balance of trade that is the difference between what a country receives and pays for its exports and imports of goods. And the difference between a country’s total earnings from exports and its total expenditure on imports. And the present situation of the exports and imports on a particular date is called current balance. A country has a favorable balance of trade when it exports more than it imports. But when a country starts spending too much money on nontrade activities its favorable balance of trade can turn into an unfavorable balance of payments.

Adding to all what I’ve mentioned I would say that there are 2 theories of international trade. Nations may have an absolute or a comparative advantage in producing goods and services because of factors of production (notably raw materials), climates, division of labour, economies of scale, and so forth. The theory of absolute advantages belongs to Adam Smiths. Smiths thought that the development of international trade began when countries have different absolute costs on production of goods. So a country imports the goods for which in other countries the costs are cheaper.

The farther of the second theory is David Ricardo who also as Smiths supported the idea of free trade. He thought that for the development of international trade it is enough for countries to have just comparative advantages. The majority of economists believe in the comparative cost principle, which proposes that all nations will raise their living standards and real income if they specialize in the production of those goods and services in which they have the highest relative productivity.

Next thing I feel like speaking about is world international trade organizations. In this context I can’t but remember The General Agreement on Tariffs and Trade (GATT), an international organization set up in 1947, had the objectives of encouraging international trade, of making tariffs the only form of protectionism, and reducing these as much as possible. It took nearly 50 years to arrive at the final GATT agreement because until the 1980s, most developing countries opposed free trade. Also the regulation of international trade is realized by some other W7orld International Trade Organizations, such as the European Union, the North American Free Trade Agreement (NAFTA), signed in the early 1990s, and some others.

So here we can speak about the interference in international trade. And there are 6 categories of barriers in economics:

Price based constrains. They are tariffs and subsidies. Tariffs are taxes charged on imports. Subsidies are offered to some domestic companies for similar reasoning as tariffs. Domestic companies are aided directly through low cost loans and tax breaks. Quantity limits – quotas and embargo. Quotas are quantitative limits on the import of particular products or commodities. And embargo is a particular type of quota that sets the limit at zero imports often is placed on imports for clear political reasons. It’s prohibitional on trading within countries generally in some particular goods. Cartel is an organization of independent companies, producing the similar goods, which make the agreement in order to increase prices and to limit the output. There are such bright examples of cartels as Organization of Petroleum Exporting Cartel, the International Sugar Agreement and so on. NTB means other non-tariff barriers, which include the wide variety of barriers ranging from bureaucratic delays to quality limits. These barriers also include so-called safety norms and the deliberate creation of customs difficulties. Financial limits and limits of foreign direct investments belong to the barriers of international trade.

All these tariffs governments suppose to be essential in order to protect what they see as strategic industries – notably agriculture, or some infant industries – without which the country would be in danger if there was a war, as well as other jobs. Abandoning all sectors in which a country does not have a comparative advantage is likely to lead to structural unemployment in the short (and sometimes medium and long) term. Other reasons for imposing tariffs:

to make imports more expensive than home-produced substitutes, and thereby reduce a balance of payments deficit; as a protection against dumping (the selling of goods abroad at below cost price in order to destroy or weaken competitors or to earn foreign currency to pay for necessary imports);

•  to retaliate against restrictions imposed by other countries;

to protect ‘infant industries’ until the are large enough to achieve economies of scale and strong enough to compete internationally.

Foreign economic restructuring has effected the development of foreign trade, the banking system and the role of Russian enterprises in the economy. The main point of the foreign trade reform are:

enterprises now have a right to conduct international trade; industrial enterprises are allowed to maintain hard currency bank accounts; great emphasis is made on export and import world marketing technique; inward investment by means of joint ventures is encouraged.

One of the most serious problems facing Russian economy is no
t convertibility of the ruble, which is a serious handicap in relations within trade counter-parts. The economic reform sets a task to make ruble convertible.

Globalization is the world expansion of economic links between countries and integration of economies of different countries to each other. On the contrary there is localization. Its supporters think that globalization leads to losing by countries their own culture and they are against the opening of borders. So as the result of opposition of these two tendencies globalization and localization one more term appeared, which is called glocalization. The main idea of these term is saving culture, traditions, national character of a country at the same time opening its borders for foreign trade with other countries.

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