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Among successful entrepreneurs is common to hear: “you must always expect the best but be prepared for the worst.” Discover the importance of basic contracts and agreements throughout the company and protect SMEs against any eventuality.

If you have attended for a considerable period “school of life”, will agree with me that things do not always happen the way you plan. For whatever circumstances, contingencies seem to be right around the corner. This is no different in business, where it is common to find differences between the partners, problems with the shop owner, disputes with or among employees, customers do not pay, returned checks, contractors with poor quality and so on. In this sense, it becomes imperative that all companies (and even the small one) has the appropriate legal mechanisms that allow them within the framework of the law, defend its interests against any eventuality.

And let me insist, is even more important for SMEs, where it is very common for a single transaction unfortunate jeopardize the assets of the company as well as their own. That’s why we explain below which are the 7 major contracts and can not do without, and a general macho each, which will guide you to suit your needs, or turn your SME. The 7 contracts that all SMEs should be in business relationships are unchanged and countless other legal acts can be held, in which virtue, minimum seven contracts all SMEs should have are:

1. Articles of incorporation. The social contract that gives life to the company and it is important to know under what form will constitute your SME, depending on the predominant activity that will develop, the partners that will make up, etc., because of According to the general law of corporations depend, among other things, the tax treatment, legal rights and obligations of the company and its partners. See contract …

2. Lease. If your company is established in the building of a third, we need a lease of real property: first, because it serves as home for the enforcement of our rights and obligations and secondly (and most This important contract), it serves to define the rights and obligations we have as tenants, ie who has the rights of possession of a property which we do not own. See contract …

3. Individual employment contract. It is essential that there be an individual employment contract of legal certainty to both the employer and the worker, which primarily serves to delimit the working conditions of workers employed by the employer. Having this contract is vitally important because our labor law favors workers in case of a dispute, the burden of proof is always on trial for the employer, ie the pattern to the Board of Conciliation and Arbitration must demonstrate that the facts asserted by the employee are not true. For example, if an employee claims that his salary is $ 1,000.00 per day, corresponding to the employer to prove that his salary was not so much, or another more common example: a worker may manifest in his lawsuit that began working for the employer on 2 January 1990, when in fact went to work on January 2, 2000, a fact that the employer must prove it. See contract …

4. Contract of sale. Undoubtedly for marketing goods or services of our corporation, we must enter into contracts of sale. This contract serves mainly to define the conditions under which they are to dispose of our products because our legislation not only provides simple purchase (ie where a person who conveys ownership of a thing in return for a certain price and money), but the law provides for different ways to make a purchase, with reservation of ownership, which is the kind of sale where the seller retains the transfer of ownership of the thing sold until the buyer does not meet all of the purchase, the chain of title, which is known as buying on credit; mixed sale is one where the consideration is covered with the most money, but the other part is given in kind, and so on. That’s why this agreement is of vital importance given that the parties are agreed between the way in which to make the sale (the sale) and this prevents any party fails to comply strictly agreed in the contract, and if not, can be sued for breach of it may result in a payment millionaire damages caused to the party. See contract …

5. Commercial commission contract. In the event it is necessary to require brokers commercial commission contract. This type of contract is essential for SMEs, because it helps in the marketing of our products through qualified or specialized in sales, without having to hire them as employees and thus avoid increasing the social burden for the company payments to IMSS, INFONAVIT, payroll taxes and so on. Thus, the seller simply grant him a commission and give this bill the company for the commissions received, is deductible in the payment of taxes. It is worth mentioning that if you do not have this contract and collaborate with vendors in this mode you can have serious problems, for example, IMSS can argue that the person is your employee and require the payment of all fees from hiring the corresponding fines, amounts that may be highly significant. See contract …

6. Contract services. This type of contract used primarily to hire professional services at a lower cost, without the need to go to people who provide them to our payroll. An example would be hiring someone to clean the office through a company specializing in office cleaning or hire a business consultant to advise us a couple of hours a week. For the same reason mentioned at the end of the previous paragraph and for which I mention below, it is important for all companies enter into contracts for services and thus define the rights and obligations of the parties: that will be the service that quality will at that time carried out and the consideration to be paid for that service. See contract …

7. Confidentiality agreement. Also, because the technology, processes and marketing of goods represent an extremely important asset for companies, and even in many cases account for nearly all of its assets, is essential to have a confidentiality agreement that protects these processes on the assumption that you have obtained the patent or trademark registered with the IMPI. Similarly, in the case of hiring staff and service providers have access to inside information of the company, this contract becomes essential to safeguard the confidentiality of such information and to not jeopardize the secrets of a successful company. … View contract can always turn to professionals Every mercantile business small, medium or large, requires a timely and efficient comprehensive legal advice.

For this reason, if you do not have a legal department within your company, you can always turn to professionals in the field, which will provide the safety and soundness to ensure growth in the domestic and international markets as competitive by the globalization of trade.

The budget of a company is the main tool for directing the operation of a business. With him are projected and estimated income and expenditure of the company’s long and short term. And although the budget of the business must be prepared by a specialist in the field, this task involved members of the business areas responsible for purchasing and inventory, sales and collections. Here are the five steps and important things to remember to make good budget:

Step 1. The management of the company performing scheduling budget meetings to monitor the expected goals of sales and collections of the company. Also to track your purchasing and procurement policy.

Step 2. The administrative and financial managers of the company, presented a brief summary of the level of achievement of goals in the period. Following an analysis of equipment of different factors that influence the achievement of goals during the period being reviewed, it performs an update goals for the next budget period.

Step 3. The company makes its Financial Budget , which is to set the cost estimates of the company, including: Budget revenue (raw total expenses), Budget expenditures (to determine the liquid or net) Net cash (difference between entry and exit).

Step 4. The company prepares its Operating Budget for the next cycle with a list of budget items as complete as possible, for example budgets: Production (includes direct and indirect costs) Requirement of materials (raw materials, supplies, fuel) Paying Employees; manufacturing expenses, selling expenses (training, payment of commissions to salespeople, advertising) Administrative expenses, among other possible items.

Step 5. In a good budget renewing the production targets and projected income and expenditure different areas of the company. For example, each account manager leaves the field with new goals and sales strategies. Likewise, production and administrative departments update their compliance goals-in quantity and time-of purchase orders and delivery dates to customers. The company’s budget is designed by the business finance team, reviewed and approved by general manager or owner of the company. Remember, you as a business owner or manager does not control all factors affecting market your business profits, but it has in its hands the ability to handle important factors in favor of the operation of your business. Making a good budget for your business is one of them.

The guys are WeblogWire blogging on your site every day to create a startup in a week with $ 500. Many of the steps used to remind me the technique I use to start Hypertext with far less money and without a penny of investment from anywhere. The secret is not to make money, and actually start a business with a super-reduced budget involves no more effort. Everything that follows assumes that you have a business plan done and know exactly what you want with your business. The real investment of a startup or an enterprise is time and effort. Ie: not going to spend almost no money but be prepared to work (at least the first 6 months) until 3 am every day including weekends.

Also be prepared to take hours (or days) of uncertainty, not knowing if you’re really right or not, one of the biggest challenges is getting money, but to convince yourself you’re doing something good even though most people tell you otherwise. That said, here are some tips for those who want to start a venture but have almost no money: *Take advantage of all the tools you have available now: your computer, your knowledge, your internet connection and your apartment, room or study with your parents. * Take advantage of all the knowledge you have and apply them to your new company and at least initially do everything you can for yourself, the same goes for your partner if you have them. This reduces to a minimum and staff spend less on salaries. * Apple started in the garage of Steve Jobs’ parents, do not feel ashamed to start in your own room. * Do not rent offices. Do not rent offices.

Do not rent offices. I can not repeat this ad nauseum and not fail to hear people saying you need one. This is because the status quo says you have to have an office to have a business. It is not true. When you really need your own office you know. Meanwhile you will save the biggest expense you may have your company. * Take advantage of open source, but the two sides: it uses all free tools you can but try to send your contributions. * Do not waste time on small things, throw it soon as possible, correcting as you go. * Listen to others, but not too much: when you do new things many do not understand and therefore disapprove. It’s good to listen to advice from outside but do not take as a rule to follow.

With this you can be out in a week with almost no money but as I said before, be prepared to spend a long time: up early, sleep late and forget your social life. Updated: Inti said: “It takes something very important that Eduardo does not name and it is essential, I would place first or second place: Creativity. The more creative you are, the easier it is for your company solve the first problems that presents itself while that creativity will pay your first paycheck. “And he is absolutely right, but for the times we live in, I believe to be creative for a company is not a feature but a requirement.

Consider the historical patterns of behavior for its customers, its markets, products, and its competitors. The success of your company depends on the success of its customers.

The company’s sales will be affected by the economy. Identify how future economic events will affect your business. This includes looking at consumer outlook, inflation, taxes, political events, and the cycle of business.

Ask your sales organization entry. The salespeople know the customers and markets better than anyone. The vendors are optimistic by nature stereotypical. Moreover, they have been known to forecasts””low-ball to minimize contingent. Somehow, given the balance between these two forces, a consensus forecast for the sales team provides generally very usable information.

Identify all known or anticipated events that affect their market next year. This should include incorporating or competitors leaving the market and the additions and deletions of the product. The industry trade shows are a source of excellent of this information: Look at what is and is not being offered. Which companies take booths shows is an indicator of those companies perceived ‘to often identity strategy.

Sales and marketing teams should identify the level of customer service that is necessary if the company is to achieve a competitive advantage. Strategies that involve inventory and the entire supply chain should be based on customer service expectations.

Operations Planning
The capacity should be defined based on the mixture of the product. This will provide insights into pricing decisions and decisions whether to pursue marginal business.

The ability and flexibility of the product mix are very important. How machinery can quickly switch between the products will provide guidance for determining the minimum orders required and the degree to which should be offered discounts for large orders.

The company should consider the number of updates to be worked. This depends on the relative effectiveness of each change and the size of a production run ideal. If the change of the machine is expensive, the work of four 10 or 12-hour changes will be more profitable than working five eight-hour days. Extra time can be built into the schedule.

In this economy, you can forget about starting your business with a tight budget, says Seth Godin. I was reading this article from Inc. magazine and found it very good and simple so I decided to share a summary here. Most large companies start out with money from friends and family! You do not have to be always looking for investors. In fact, the first thing you finance your thinking about is yourself.

Get closer to your customers. Try to start selling at retail to your prospects. You have to start filling in for established businesses. In fact many of the biggest businesses are retailers and anyone can start like this.
Let your customers pay you to start. This is obvious. Rental Products and develops strategies for clients to be paid in advance. That way you will have more cash flow. The success of a business is cash flow, not growth, so this point is very critical.

Look for the free lunch. You must look everywhere to reduce your costs. If you find special offers from big companies, take it. Hire cheap labor. See paying little. Reduces costs to the maximum.
Forget stealth mode. Do not be afraid of being a “spammer”. Try to make yourself known to your customers as much as possible, even before you have something to offer. Learn from them, go the extra mile, make sure you know the market well and you know before launching your product. Read the rest of this entry »

For many people start an online business is a perfect opportunity to make money and if its just for some extra money or need to earn enough to pay the bills, an online business is a popular choice. The Internet is so popular now that most of the population has Internet access, and manage most aspects of daily life such as shopping, holiday bookings and online banking, which is the ideal place to promote a business. For any new company online, usually you need a Web site and require a company to make your site visible to the world of Web hosting.

As its initial budget of an Internet business is likely to be little sense to shop around for a cheap hosting company. Pay a fee each month to keep your website uploaded and available for visitors to navigate. Sometimes, you will receive a discount for paying for a longer period of time, how to pay for six months in advance. It is recommended that you only pay for shorter periods until you are certain of the company. Many hosting companies provide a cheap Web site hosting service, but should seek to ensure that all services you need are available before registration.

A web hosting company should be reliable and able to make your life a little easier. Payment options should be open and clear with no hidden costs. If you are new to web hosting what may be prudent to seek advice from the Web hosting company to see how they handle queries. A trusted hosting company like ours eUKhost will able to answer all your questions, and ensure you select the most suitable hosting package for your business. We believe that cheap web hosting should not mean a commitment to quality.

The lack of funding is undoubtedly the reason why the main people do not undertake a new business .

We have all somehow become the paradigm that to establish a company in advance you need to get a good capital. And of course, having it is an important advantage that will help you off is more rapid , however also true that many of the great entrepreneurs of our time began without those big cities. In fact, the more capital than a person might have ideas, initiative, strength of will and herself. So today, we’ll give you some business ideas you can start and require very little investment. Remember also that one of the keys to success this the reinvestment of resources, so do not pretend that your business will buy a car the first month. Patience is a treasure too precious, if you do, you have a great capital. 1. Retail sale of clothing: there are now days A LOT options to purchase wholesale imported clothes at great prices. If you find out in your city will surely be some.

These distributors will sell clothing at prices that give you a good margin and need to get hefty amounts to begin. Additionally , if you’re a loyal customer over time you can get better discounts, credit , advice and even some support to build your own store. You can start selling to friends, relatives and neighbors. You can arrange an evening of fashion in your house where you invite your neighbors to take a rate of coffee and know your options in clothing. I know a friend who started in this way, with a very small investment and then encourage you to offer the product to stores in a mall who soon became his customers. I remember him filling his car model 78 with the bags of clothes and now days , has its own formal business of distributing wholesaler .

2. MLM: The former business class were very controversial for its systems of affiliation , but today in the Century XXI have proved excellent business options recommended even by the likes of Robert Kiyosaki and Bill Gates . The MLMs more solid now days are : Avon , MaryKay , Amway , Omnilife and a few others that offer the possibility of distributing everything from clothes and perfumes to vitamins and other articles of daily use someone close to you be willing to purchase. Another interesting of these systems is that they usually have the philosophy to “recognize” the effort, premiandote with additional benefits for your sales. And if you step interested to build a network-affiliate business, we provide all the advice to do so. 3. Ice Cream : It is said that by the century XIX to enjoy ice cream was only for the rich. But these days, this proved to be a very profitable business thanks to the variety and high demand that exists. Ice cream franchises have grown and offer options for retailers to start their businesses with very small investments consist of the furniture base and the product at least to start. With a few bucks you can build your own ice cream even in the garage of your house and start selling a product easy and requires no further specialization . Children of course are your main clients and if you put it a touch of creativity with balloons, clowns and some other attractions, you will see that your income will soon begin to grow.

When you starting a small freshly est business, sit down and develop a budget, it without any Historical data on which to base estimates, it can seem a daunting task. You probably have an idea of ​​what you expect to win and how much it will cost for that gain. You can make rough estimates of your income and expenses and complete their budget more rapids, but this will give you a lot about a tool you can use to measure its performance and manage your business. It is best to start at the bottom and build upwards.

Why You Need a Budget
The budget is an Extension of its business plan and strategy positions in practice. Used to quantify the plan TERMS Economic and gives a sense of reality to the conceptual ideas, a company transformndolas feasible. A well-crafted budget serves as a base line and an important reference point that can guide your business in the right direction by providing an essential framework for the implementation and operational stages. In this sense, can be a valuable tool to manage the business, provided that the budget has its foundations in realistic data that can be used to measure desempeo.

If you’re in business today, a website is as important as an ad in the Yellow Pages. With a Web presence, you have access to millions of potential customers around the world – is the deployment of an additional leading advertising, marketing brochure and a mail order catalog in one easy upgrade package. And all without printing costs, mailing or phone!

The problem is that for most people, web site design is on par with building your own TV – a greater mystery best left unexplored. But if you can discover the secrets of HTML and you have a flair for graphics and text, then Web page design could be the business for you.

The advantages of this business is that you’re creative, you can start part time with a minimal budget, and if you still do not know HTML, it is not difficult to learn once you set your mind to it. And you can deal with customers in any geographic region without leaving your computer. You must have a good relationship with the team and have mastered the basic skills to move into the cyberspace You will also need a talent for graphics and copywriting, because their goal for each client will not only get the website up and running, but designing one that is easy to navigate, visually appealing, clear and yet deftly written. Start by designing a sample of a few places to show their talent, and be sure to mix their work to include electronic commerce, information portal, and so on.

To work from home should not only analyze what is needed but is good for things you do. If you do something
you are passionate, almost certainly a guaranteed success.

His talent would be obvious to you if you are a musician, artist or photographer. If you already have a profession, you may want to start a private practice in law, medicine, or an accounting firm. And maybe you have a hobby, like quilting and candle making, you know that you could market. But if his talents are less obvious?

Sometimes it’s hard to know our own strength. If you are unsure of what their skills and hidden talents consultation with family and friends who know you. Even if you do not have a special skill, like sewing or accounting, you still have marketable skills that can be if you can identify.

If you have a skill or hobby you are good to do, start working in your market and make a feasibility study now!

What would you like to learn to do?
Sometimes the things we care about are things that still have to learn to do. If you like math, take an accounting course and turn your new skill in income, you can help others with their taxes.

There are many new career can be celebrated with a course in lieu of a degree course. The courses often take less than a year to complete, or in some cases, only a couple of semesters.

If you’ve always wanted to learn another language can start now – where fluid may become a self-employed and freelance translation services provide. Translators are used in court proceedings, schools, conferences, courses and seminars. The sign language translators can earn as much as the spoken language translators.

There are many programs to become a registered nurse and provide home care of patients or the elderly.

It’s never too late to learn a new skill and never too late to start a business if you have the ambition and business acumen and knows what to do.