Fernald Business Association

Archive for the ‘Bookkeeping’ Category

We make cards easy to find and fun to hunt for. While trudging around a cramped aisle with a faulty cart may be attractive to some, you’re a classier person than that. We offer the finest customer service online, without harassing you on the sales floor to purchase things. There’s no need to stress or hassle anymore over ‘the little things’ in your life. Where stores offline provide limited selections and quantities, we offer an impeccably broad range of items sure to suit even the most complicated tastes. Don’t give up convenience you’re entitled to!
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Even industries can now benefit from the accessibility and convenience that the Web offers. This is because the things that are needed even by industries are now possible and available through this medium.

What is the common concern of industries? Of course, it is the durability and performance of their machineries and industrial tools. Since their business is completely dependable on these materials, they need to make sure that they are always in good condition. They need to look after it every possible time so that the production is a continuous process. Even during the purchase period, the industry should already look after the quality of the tools so that the best services and performance are the only things that the company would receive.

Amazingly, the Web can already do such big favor for industries. With the availability of different industrial coatings, it is already possible for companies to protect their tools from abrasions through the help of abrasive coating which can be bought over the Web. With just a simple access to the Internet and looking for such service provider, the industry does not have to look for certain provider anywhere. It is even very convenient because they can always go after it anytime they need it.

Other than that, there are also many other things that can be accessed through the Web. Because of this availability and convenience, we should be thankful that Web is a great place to shop even for those things that we can hardly believe to be available through it.

OK, so how many times has this occurred: someone asks you what you do for a living and you tell them that you are a Product Manager and they fire back at you “Oh, so you manage projects?” Grrr, it’s really no fair – the two disciplines really have nothing in common. Well wait a minute, maybe they do. No, no they really are different. Dang it. What’s the difference between the two?

A lot of the confusion comes from the simple fact that the two jobs do share a lot of things in common. However, never fear, they really are completely different no matter what your friends or your boss tell you. In a nutshell, the differences fall into three different categories: scope, execution, and results.

Scope: A project manager has the somewhat enviable benefit of having the hope of there existing clear cut boundaries that define what he/she is responsible for. They are responsible for a project that uses resources, has a schedule, and has a clear set of deliverables. A successful product manager on the other hand has a less defined job of creating a successful product. The product will be driven by no so much a set of requirements, but rather a customer need which may be fickle and change over time. A product manager has to be able to see through requirements and determine what the root cause of the customer’s issue is and create a product that solves that.

Execution: The project manager is responsible for basically reporting on the status of the project and he/she has a whole host of tools to do this with. However, the product manager is not responsible for designing the product. In fact the product manger does not have to be a subject matter expert – they can mange projects that they know nothing about the underlying technology. A Product Manger on the other hand desperately needs to know everything about how the product works. They need to know the motivation behind every design decision so that they can explain it in non-technical terms to a customer. A product manager is going to have to be able to sell (something a project manager never has to do) his/her product to others both internally and externally.

Results: How is a project manager judged? If a product follows a set schedule, delivers what was requested when it was promised and does not exceed its budget, then it is considered to have been a success. Basically, the less attention a project attracts, the more successful it is deemed to have been. The product manger on the other hand is expected to have created a product efficiently (similar to a project manager’s project), but has the additional burden of having to be successful no matter if it is delivered to an internal or external customer. If the product is a runaway success and gets lots of vocal praise from the customer than the product manager is deemed to have done a good job.

I’ve been in private practice for almost 10 years, now. I am living my dream; I do what I love to do, the hours I work are the hours I choose to work, and I can often take time off to play with my family or enjoy a friend, if I wish.

But, as most self-employed people, I’m a hard boss, and as a female small business owner, I have much more to do than just ‘work’. As I type this, I am also making lasagna so my husband has something he enjoys eating while I’m out of town for the next few days, working. I also need to fold the laundry that is in the dryer so I can take care of some last minute clothes I want to pack for my trip. Tomorrow I will get up a little earlier than necessary so I can get a quick workout in, then be sure I have my suitcase packed and in the car before I see my first client in the morning, because when I’m out of school, I will leave directly for the airport for my trip. During the trip, if I have all my studying for classes done, I can then start working on my articles and newsletter that will be due soon. I should have all my charting done for my clients before I leave tomorrow, too.

If you are in business for yourself, this probably sounds pretty familiar. If you are just starting out, yes, it sounds scary, and there definitely are days that you will wonder what the heck you are doing, but I am still here to tell you it’s all worth it.

Businesses owned by women are the fastest growing segment of small business owners in the country. Between 1997 and 2004, the estimated growth rate in the number of women-owned businesses was nearly twice that of all businesses. According to the Small Business Association, there are currently 9.1 million women-owned businesses, which employ 27.5 million people and contribute $3.6 trillion to the economy. If you are female and have considered starting up your own business, the time couldn’t be better!

Women are diversifying into all industries, too. Construction, manufacturing and transportation have been the largest recent increases in women-owned firms, although services and retail still make the largest share. Women are more prepared today for running business. The amount of managerial experience, education, business revenue and employment profiles these women have after 10 years of experience equals what took 20 years in the past. Women in business now equal men in these respects.