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Seven Ideas to Build Your Direct Sales or Party Plan Business outside of the

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Seven Ideas to Build Your Direct Sales or Party Plan Business outside of the Home Party

If you are a direct sales or home party plan consultant, you know that the power of your business lies in the party. However, there are times when your calendar might be a little bare due to the season or cancellations or you might not be able to do as many in home parties or demo s. There are many ways that you can build your direct sales or home party plan business outside of the home party. These ideas can be used for incremental sales every single month or to rev up your business when home parties are low.

Here are Seven Ideas to Build Your Direct Sales or Party Plan Business outside of the Home Party:

1. Host a Mystery Host Party at your house one night or afternoon! Everyone who attends and orders is entered to be the host of the party and get all the host credits and bonuses OR you could even draw for a winner of a FREE Business Kit use part of your commission from the sales to pay for the kit keep part of the host credits for yourself to gain a new recruit!

2. Set up a Stop n Shop party at your office or a local restaurant after work one day (or offer to do this for your customers, friends, hosts)! Set up your kit, set up some games and prize drawings and let your friends stop in and see the newest products, catalog and sales fliers and shop! If you have or can sell cash carry, bring some products and offer them as bonus buys with a minimum purchase amount.

3. Mini Parties! Get 12 friends or customers to collect $150 in orders for you. Put all the orders in one party order split the host credits between those who collected and submitted orders. Depending on how your host program works, each person would be able to receive $20-$50 in free items! (You’ll make a great commission from this too!)

4. Set up an online party and share the link on Facebook, your website, networking groups, your customer email list Offer daily order specials, share product tips and gift ideas on the event. You could do a mystery host party through the online party too. (Be sure to personally invite people, don t just add them to the event and if you do this in a FB group, definitely do not add people without their permission!)

5. Hold a fundraiser for your church, school, favorite charity or family in need. If your company does not offer a Fundraising program, consider donation a portion of your commission to a worth cause.

6. Hold a special themed / seasonal sale sale! (back to school, valentines, labor day, etc…) Offer for customers to get 15% off any 1 item of their choice when they place at least a $15 order with you by a certain date OR everyone who places an order by a certain date gets entered to win a $25 surprise pack OR gets free shipping or a free gift… Get creative be excited (but don’t give away too much of your commission either you don t want to devalue your products or lose income).

7. Don t forget about vendor events look for festivals, bazaars, fundraisers, events you can set a booth up to work to get leads, meet new people and market your business. Read more about how to have Successful Vendor Events here.

The bottom line though is to Just do it ! We can do and achieve anything we put our minds to. If we want to make something happen, we will. Be excited, share the excitement and believe that you can earn all the great prizes promotions that your company offers plus a great income. Get to work! You can do this!

Want more tips, tools training to help you with building a successful direct sales business?
Sign up for my FREE 8 Day Online Success Course Below:

Ready to take your Direct Sales Business to the next level? Want to develop the Mindset of a CEO of Me®, master authentic Marketing online offline, Vendor Events, Parties, Recruiting, Team Leadership more without the struggle of learning the hard way? Would you like to get 1 on 1 coaching from me and small group mastermind support from other like-minded and driven direct sales leaders? Enroll in my Direct Sales Party Plan Success Course!





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South Hills School of Business – Technology – Official website of South Hills School

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Small
Classes

“Impersonal” simply isn’t in our vocabulary. At South Hills, you’ll never get lost in the crowd – or the shuffle. Our small classes allow for plenty of personal attention from your teachers. And our exceptionally responsive staff is here to answer all your questions and provide you with the tools you need to succeed.

Extraordinary
Teachers

Any school is only as good as its teachers, and ours are truly outstanding. South Hills’ faculty have won awards for excellence in teaching for 6 times in 7 years. And with their uncommonly deep experience working in the field, our teachers are great professional mentors, too.

Practical
Curriculum

“No fluff; no filler!” That’s South Hills’ academic motto number one. “Learn by doing!” is number two. All our programs deliver the material you really need to know to launch a successful career in your chosen field. And we believe the best way to do that is through hands-on, project-oriented learning.

Career
Placement

Our ultimate goal is to prepare you for fulfilling employment in your chosen field. Our dedicated Career Services staff will assist you to finding an appropriate internship at the end of your studies, and will continue to help you throughout your working life to find the best match for your skills and passions.





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Business Degrees – A List of Your Degree Options #business #search

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Business Degrees

Karen Schweitzer, Business School Expert for About.com, has been serving as an advisor to business school students for more than three years.

Updated March 25, 2016.

Earning a Business Degree

There are many different types of business degrees. Earning one of these degrees can help you to improve your general business knowledge as well as your leadership skills. The most popular business degrees can help you advance your career and secure positions that you cannot get with a high school diploma .

Business degrees can be earned at every level of education. An entry-level degree is an associate s degree in business.

Continue Reading Below

Another entry-level option is a bachelor s degree. The most popular advanced degree option for business majors is a master s degree .

Let s explore some of the most common business degrees earned from colleges, universities, and business schools.

Accounting Degree

An accounting degree can lead to many positions in the accounting and finance fields. A bachelor s degree is the most common requirement for accountants who want to work in private and public firms. An accounting degree is one of the most popular business degrees.

Actuarial Science Degree

An actuarial science degree program teaches students to analyze and assess financial risk. Individuals with this degree often go on to work as actuaries. Read more about actuarial science degrees .

Advertising Degree

An advertising degree is a good option for students who are interested in careers in advertising, marketing, and public relations. A two-year advertising degree may be enough to break into the field, but many employers prefer applicants with a bachelor s degree.

Continue Reading Below

Economics Degree

Many individuals who earn an economics degree go on to work as an economist. However, it is possible for graduates to work in other areas of finance. Economists who want to work for the federal government will need a bachelor s degree at minimum; a master s degree may be even more beneficial for advancement. Read more about economics degrees .

Entrepreneurship Degree

Although an entrepreneurship degree isn t absolutely necessary for entrepreneurs, completing a degree program can help individuals learn the ins and outs of business management. People who earn this degree often start their own company or help to manage a start-up business. Read more about entrepreneurship degrees .

Finance Degree

A finance degree is a very broad business degree and can lead to many different jobs in a variety of industries. Every company relies on someone with financial knowledge. Read more about finance degrees .

General Business Degree

A general business degree is an excellent choice for students who know they want to work in business, but aren t sure what types of position they want to pursue after graduation. A business degree could lead to a job in management, finance, marketing, human resources, or a number of other areas. Read more general business degrees .

Healthcare Management Degree

A health care management degree almost always leads to a management career in the health care field. Graduates may supervise employees, operations, or administrative tasks at hospitals, senior care facilities, physician s offices, or community health centers. Careers are also available in consulting, sales, or education. Read more about health care management degrees .

Hospitality Management Degree

Students who earn a hospitality management degree could work as the general manager of an establishment or specialize in a specific area, such as lodging management, food service management, or casino management. Positions are also available in travel, tourism, and event planning. Read more about hospitality management degrees .

Human Resources Degree

A human resources degree usually leads to work as a human resources assistant, generalist, or manager, depending on level of degree completion. Graduates may choose to specialize in a particular area of human resources management, such as recruiting, labor relations. or benefits administration. Read more about human resources degrees .

Information Technology Management Degree

Students who earn an information technology management degree often go on to work as IT managers. They may specialize in project management, security management. or another related area. Read more about information technology management degrees .

International Business Degree

Graduates with an international business degree are most welcome in our global business economy. With this type of degree, you can work in a variety of businesses in a number of different industries. Popular positions include market researcher. management analyst. business manager. international sales representative, or interpreter. Read more about international business degrees .





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Music Business – Curb College of Entertainment and Music Business #business #plan #template

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Bachelor of Business Administration (BBA)

The Music Business (MBU) major develops knowledge and skills in a variety of areas such as record company operations, music publishing, artist management, marketing, public relations, merchandising, and music production.

  • Choose the business emphasis and prepare for a broad range of managerial and marketing careers in the entertainment and music industries.
  • Choose the production emphasis and master the skills necessary for a career in the development of music for the entertainment and music industries.

Music Business Minor

The Music Business minor is designed to expose students to a smaller amount of industry skills and knowledge. The minor consists of 18 credit hours, or six courses, that give a brief introduction to the industry. Students will explore subjects including: copyright law, publishing, and and three elective courses. These elective course can be chosen from Business courses, Music Business courses, or Audio Engineering Technology courses. Given the course progression, this minor would typically take a minimum of three semesters to complete. The Music Business minor is designed to allow students to gain knowledge about the music industry and also allows room for a credited internship.

Masters in Business Administration (MBA)

Belmont University offers an elective track specialization in Entertainment and Music Business, in the Master of Business Administration (M.B.A.) degree. Students in this elective track specialization option within the M.B.A. degree program should refer to the Graduate Studies in Business bulletin pages for requirements and policies.





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Statements of Information #get #a #business #loan

#business search

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Statements of Information

Online Processing

The required Statement of Information for most corporations can be submitted electronically and is processed generally in one business day. A free PDF copy of the filed Statement of Information will be returned electronically following confirmation of payment, if an email address is provided at the time of submission. Additional plain copies and certified copies may be requested at a later time by mail or in person (drop off). Refer to Information Requests for information about obtaining additional copies.

Note: Statements of Information for limited liability companies and common interest developments must be submitted on paper, by mail or in person (drop off), at this time.

News Notices, Customer Alerts and Processing Times

  • News Notices. Get the latest information about changes affecting business conducted with the Business Programs Division.
  • Customer Alerts. Get the latest information about confirmed scams against Californians and businesses in the State of California, and what you can do if you have been a victim of a scam.
  • Get the current processing times for Business Entities and determine which method of submission meets your needs.

California law requires all corporations, limited liability companies and common interest development associations to update the records of the California Secretary of State either every year or every two years based on year of registration by filing a statement, as described below.

Please refer to the instructions included with the form for complete filing information, applicable filing periods/due dates, fees required to file the statement, penalties for not timely filing the required statement, and statutory provisions.

For additional tips on filing a Statement of Information, visit Statement of Information Help .

Statement of Information:

  • E-File – The required Statement of Information for most corporations can be submitted electronically and is generally processed in one business day. Statements submitted on paper should be directed to the Secretary of State’s office in Sacramento, either by mail or dropped off in person. Statements for limited liability companies and common interest developments must be submitted on paper, by mail or in person (drop off), at this time.
  • Domestic Stock and Agricultural Cooperative Corporations (Form SI-200) (PDF) :
    Use this form if filing the first Statement of Information and when changes have occurred since the last complete Statement of Information was filed.
  • Foreign Corporation (Form SI-350) (PDF)
    Use this form if filing the first Statement of Information and when changes have occurred since the last complete Statement of Information was filed.
  • Domestic Nonprofit, Credit Union and General Cooperative Corporations (Form SI-100) (PDF)
    Use this form if filing the first Statement of Information and when changes have occurred since the last complete Statement of Information was filed.
  • Domestic or Foreign Limited Liability Company (Form LLC-12) (PDF)
    Form LLC-12 must be used when filing the FIRST Statement of Information (due within 90 days after registration with the California Secretary of State) and when ANY information has changed since the last complete Statement of Information was filed. Form LLC-12 cannot be filed unless the form is FULLY completed, including the Agent for Service of Process .
  • Domestic or Foreign Limited Liability Company (Form LLC-12NC) – Statement of No Change (PDF)
    In order to use Form LLC-12NC during the applicable filing period, a FULLY completed Statement of Information must have been filed in the past. Form LLC 12NC CANNOT be filed outside of the applicable filing period. See Filing Schedule for the applicable filing period.

Related Links





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Business Week: Cameron School of Business: UNCW #new #businesses

#business week

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UNC Wilmington Presents

The 34th Annual
Business Week
March 29th and 30th, 2016

nCino CEO Pierre Naud with UNCW student; Photo: UNCW

The University of North Carolina Wilmington’s Cameron School of Business held its 34th annual Business Week on March 29th and 30th. Designed to help prepare Cameron School of Business students for the realities of the business world, this year’s program featured more than 100 sessions with prominent alumni and executives sharing their knowledge and experiences in the areas of business, marketing, entrepreneurship, information technology and more.

Jerry Greenfield of Ben Jerry’s Homemade, Inc. speaks with students during the 2016 Business Week.; Photo: UNCW

Tuesday, March 29

Business Week General Sessions
9-11 a.m. Cameron Hall

Plenary Session:
Pierre Naud
nCino

11-Noon Cameron Hall 105

Lunch on the Lawn
11:30-2 p.m. Cameron Hall Tents

Business Week General Sessions
1-4 p.m. Cameron Hall

Accounting: Meet the Professionals
4-5:30 p.m. Clock Tower Lounge, by invite only

Duane Hixon:
The Bigness of Small

4-5 p.m. CIS 1008

Wednesday, March 30

Alumni Recognition Breakfast
7-8:30 a.m. Warwick Center

Business Week General Sessions
9-11 a.m. Cameron Hall

Plenary Session:
Jerry Greenfield
Ben Jerry’s

11-Noon Cameron Hall 105

Lunch on the Lawn
11:30-2 p.m. Cameron Hall Tents

Business Week General Sessions
1-4 p.m. Cameron Hall

Brett Martin:
The Challenges of Entrepreneurship

4-5 p.m. CIS 1008

MS CSIS Alumni Reception
5:30-8:30 p.m. CIS Lobby

CIE’s Business Week Event:
Entrepreneurial Success with Dave and Vess

5:30-8:30 p.m. EBD 162

Leadership Lecture Series:
Jerry Greenfield

7-8 p.m. Burney Center

Thursday, March 31

Installation of Chancellor Jose V. Sartarelli
10:30 a.m. Hoggard Lawn





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The Beginner – s Guide to Different Types of Business Degrees #small #business #banking

#business degree

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The Beginner s Guide to Different Types of Business Degrees

Take a look around your home. Nearly every item you own has an entire industry based around it, and each of those industries has multiple business functions within them. Because of this complexity, there is a huge variety in the different types of business degrees available to you.

With so many specializations within business degree programs, it can be a bit daunting when trying to decide which best fits your interests or career aspirations. To help you decipher the diversity, we broke down a list of some of the most common types of business degrees, the courses to expect and some examples of the jobs you can do with them.

Keep reading to get acclimated with 15 facets of the business field and start to get a feel for which area appeals to you.

15 Types of business degrees to consider

Accounting

Overview. Love numbers? Have an eye for detail? When studying accounting you will develop your understanding of generally accepted accounting principles, tax law, the process of managing financial documents and how it impacts business operations. The accounting field has several potential career paths and this degree will equip you to pursue different types of accounting, audit or tax-related positions within a variety of organizations.

COMMON COURSE SUBJECTS:

Advertising

Overview. Think you have the creativity to develop an ad that cuts through the clutter and sticks in the mind of a potential customer? With an advertising degree you ll learn how to make a message stand out from the crowd by learning about what makes an audience tick and how to best reach them. This is a great choice if you re looking for a way to leverage your creative ability in the world business.

COMMON COURSE SUBJECTS:

POTENTIAL JOB TITLES:

Business management

Overview: There s a lot to learn about managing a business or department. A business management degree will give you a solid comprehensive foundation in important business areas like accounting, sales, operations and organizational leadership. You ll also be better equipped to manage and lead a team of people, which is beneficial if you have hopes of advancing your career into leadership positions.

COMMON COURSE SUBJECTS:

POTENTIAL JOB TITLES:

Economics

Overview. If you choose to study economics, you can expect to learn about economic principles and theory, including the use of math and data analysis. An economics degree can help prepare you for analyzing and forecasting economic trends in order to improve business operations and performance.

COMMON COURSE SUBJECTS:

POTENTIAL JOB TITLES:

Entrepreneurship

Overview. If you want to start, build and manage a business of your own, an entrepreneurship degree can help you to develop the necessary skills to succeed. However, don t be fooled into thinking this degree is only for aspiring business owners. Most of the principles and courses can be applied in any business setting.

COMMON COURSE SUBJECTS:

POTENTIAL JOB TITLES:

Finance

Overview. If you choose to study finance. you ll learn a broad range of concepts and skills including financial analysis, economics, statistics and portfolio management. Majoring in finance will help you pursue opportunities in finance sectors as well as accounting or investment areas.

COMMON COURSE SUBJECTS:

POTENTIAL JOB TITLES:

Healthcare management

Overview. It takes a lot of business acumen to keep a healthcare facility running smoothly and profitably. This major prepares you for providing business management leadership strategies designed to address the unique challenges and intricacies within the growing healthcare industry. You will learn about many of the proven management techniques with a focus on the nuances found within the healthcare industry.

COMMON COURSE SUBJECTS:

POTENTIAL JOB TITLES:

Health services manager

Patient care associate

Hospitality management

Overview. If you have a passion for working with people and a knack for making sure everyone is taken care of, then a hospitality management degree may be right for you. Hotels, event venues and other similar establishments have unique management needs that are different than other businesses. Utilizing a variety of management and communications skills is important for making sure operations run smoothly and guests leave happy.

COMMON COURSE SUBJECTS:

Human resources

Overview. This field is all about people. Whether it s helping employees with navigating benefits enrollment or helping secure the top talent needed for business growth, this field relies on impeccable interpersonal skills. With a human resources (HR) degree. you will learn the skills necessary for managing business and labor practices in addition to learning about organizational development, resources planning and training.

COMMON COURSE SUBJECTS:

POTENTIAL JOB TITLES:

International business

Overview. International business focuses on you guessed it global business organizations. Multinational corporations need employees who are well-suited to deal with the unique challenges presented by doing business across multiple countries.

COMMON COURSE SUBJECTS:

POTENTIAL JOB TITLES:

Supply chain analyst

Business development specialist

Marketing

Overview. Want to help grow and maintain a business by attracting and retaining customers? This is a great option. By majoring in marketing. you ll be focused on learning the fundamentals of areas such as market research, communication and marketing strategies. The marketing department of a business helps accomplish tasks such as product promotion or consumer research in order to achieve business goals like increasing sales, building brand awareness and improving customer retention.

COMMON COURSE SUBJECTS:

Statistics

Overview. We live in an era where more data is being collected by businesses than ever before. But what good is that data if there s no one around to collect, organize and make sense of it all? Statisticians are trained in the collection, organization, analysis and interpretation of numbered data sets. They use these skills to help improve the decision-making ability of businesses by uncovering and planning for trends or patterns on which to act.

COMMON COURSE SUBJECTS:

POTENTIAL JOB TITLES:

Supply chain management

Overview: Ever wonder how the products you order online ends up on your doorstep within days? To steal a line from UPS: That s logistics! A supply chain management degree will prepare you to handle the intricacies of managing a global supply chain (and all of the moving parts that come with it) to ensure a business operations are running efficiently.

COMMON COURSE SUBJECTS:

POTENTIAL JOB TITLES:

Supply chain risk

Choose your business career path

Now that you have a better understanding of the different types of business degrees and the career opportunities associated with each, it s time for you to do some self-evaluation. Do any of the specializations above match your skills and interests? Going forward, your best bet is to find a few areas that appeal to you and dig deeper to learn more about the ins and outs of each focus-area.

For more information about specific business-related career fields, download theBusiness Career Outlook guide.

AUTHOR S NOTE: This article was originally published in October 2013. It has since been updated to include information relevant to 2016.

External links provided on Rasmussen.edu are for reference only. Rasmussen College does not guarantee, approve, control, or specifically endorse the information or products available on websites linked to, and is not endorsed by website owners, authors and/or organizations referenced.

Will is a Content Marketing Specialist at Collegis Education. He researches and writes student-focused articles on a variety of topics for Rasmussen College. He is passionate about learning and enjoys writing engaging content to help current and future students on their path to a rewarding education.

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List of Business Social Networks for Professionals #small #business #owner

#business networking sites

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Business Social Networks

Updated March 25, 2016.

Business social networks can provide the cornerstone to recruiting efforts for a company and can be a great asset to the hungry professional hoping to leverage their business contacts in order to improve their job. Focused on business, these social networks provides the tools needed to reach out and make business connections, find new jobs, or find specialized job seekers.

Whether you are looking for a promotion or looking for new opportunities, social business networking can be just the thing to advance your career. Business social networks are also a boon to recruiters looking to fill urgent vacancies.

CompanyLoop

Image of Company Loop.

CompanyLoop is a business social network aimed at workers in the same company. By restricting access to only co-workers, CompanyLoop allows you to connect with your fellow employees and share knowledge specific to your business. Not only can you stay up to date with your co-workers, you can find the people you need to get your tasks done faster. More

Continue Reading Below

DoMyStuff

Image of DoMyStuff.

DoMyStuff is a social network designed to connect people who want stuff done to people who will do it. DoMyStuff allows everything from household chores to business tasks to be outsourced to thousands of assistants bidding on the jobs. An alternative to hiring a temp agency to fill short-term needs, DoMyStuff is also a good site for people looking to do odd jobs. More

DOOSTANG

Image of DOOSTANG.

DOOSTANG is a business social network marketing itself as an exclusive career community for top young professionals. To become a member, you must either be at a company that is hiring or have an invite from a current member. While the idea is to raise the level of talent in the job seeker pool, whether this is actually true is open for debate. More

Continue Reading Below

Fast Pitch

Image of Fast Pitch.

Fast Pitch connects enterprising professionals to other professionals and is a great way for job seekers to become involved with potentially their next boss. It also provides tools for businesses to market themselves and helps drive traffic to the business website. In this way, it is a great business social network for entrepreneurs. More

Konnects

Image of Konnects.

Konnects is a business social network aimed at the young professional who wants to start building a network of contacts. It is also geared toward the new business looking to start their own community and offers the tools needed to promote the business. More

LinkedIn

Image of LinkedIn.

LinkedIn is the most popular business social network and one of the most recognizable social networks in the world. Focused on helping professionals maintain their list of connections, LinkedIn also provides invaluable information on companies and is a great resource for job seekers and for filling job vacancies. More

PairUp

Image of PairUp.

PairUp takes a step away from the standard business social network by focusing on the frequent business travel. Providing the tools to share travel plans and alert colleagues that you are arriving in town, PairUp is a great resource to cope with changing itineraries. More

Ryze

Founded in late 2001, Ryze was one of the first social networking websites. With the ability to set up company networks, Ryze is a great destination for businesses wanting to get more done on the web. It is also great for professionals who want to create their own business networks and connect with other professionals. More

Spoke

Spoke is a business social network that specializes on the recruiting aspects of social networks. Unlike many other social networks for professionals, Spoke is an open-ended network that allows businesses to search through the database and tailor their recruiting efforts to a specialized audience. More

XING

XING is one of the oldest business-oriented social networks. With over six million professionals using the service every day and conducting business in 16 different languages, XING is a world leader in business networking. An excellent site for keeping track of your business contacts, XING can also help employers fill job vacancies and help young professionals land their fist big job. More





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How to Read Your Boss – The University of Nottingham #start #your #own #business

#business courses online

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How to Read Your Boss

0:13 Skip to 0 minutes and 13 seconds Welcome to the University of Nottingham. I’m Louise Mullany, a professional communications specialist from the Centre for Research and Applied Linguistics. This is How to Read Your Boss. Do you find conversations with some colleagues more difficult than others? Do you ever come out of meetings feeling that you’ve been misunderstood, or that you haven’t been given the time you wanted to express your ideas? Do you ever find it hard to explain yourself to your boss or with others at a more senior level than you? Do you find yourself ever wondering what your boss is actually asking you to do? If you answered yes to any of these questions, then this course is definitely for you.

0:55 Skip to 0 minutes and 55 seconds Along with colleagues, I’ve spent the last 15 years investigating communication styles in a wide range of workplaces, from small to medium sized enterprises right through to large multinationals. How to Read Your Boss draws upon the findings of this research. The course will provide a basic introduction to a sample of linguistic toolkits to help you produce a quick and effective analysis of your own and others’ talk. You will also have a suite of different strategies to draw upon, which can enhance your persuasive presence and impact in the future. This course is unique, as it is based upon the analysis of authentic business conversations that have actually taken place.

1:37 Skip to 1 minute and 37 seconds How to Read Your Boss provides access to cutting edge academic knowledge and practical activities based on how people really talk at work. I hope that you will take the opportunity to join us, and discover how linguistics can help you read both yourself and your boss.

About the course

Think about the conversations you have had in your workplace over the past few months. Do you come out of business meetings wishing you had said something differently, or felt misunderstood? Do you have difficulty talking to people more senior than you? What about when talking with other colleagues? ‘How to read your boss’ introduces you to the world of business communication through linguistics.

The course presents a set of ‘linguistic toolkits’ which you can use to create a linguistic profile of yourself and others, including your boss. It is designed for you to assess the effectiveness of the communication styles you use and identify the type of communications culture where you work. It will offer alternative strategies for future business talk. It aims to encourage you to become more reflexive and self-conscious language users when communicating at work.

How to Read Your Boss is the second in a series of ‘How to read…’ courses which will be presented by applied linguists, discourse analysts and literary critics at The University of Nottingham.

How to Read Your Boss will be useful for anyone working within businesses/organisations in the public, private or third sector, including managers and those with leadership responsibility.

Educators





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Sale of sports business, a positive for Zee: The Hindu Business Line – Mobile

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Zee Entertainment Enterprises has decided to sell its sports business (TEN Sports channels) to Sony Pictures Networks India and its affiliates for $385 million.

The sale will help Zee exit its loss-making sports broadcasting business, which contributed ₹631 crore (about 11 per cent) to its consolidated revenue in 2015-16.

The sports business incurred a net loss of ₹37 crore, against a profit of ₹1,027 crore from consolidated operations during the year.

It was in 2006 that Zee acquired a 50 per cent stake (raised subsequently) each in Taj TV, Mauritius, which owns TEN Sports channels, and in Taj Television India, the distribution arm of TEN Sports in India.

A report from Ambit Capital shows that the sports business has incurred losses at the operating level in all years except one since 2005-06.

This is in sharp contrast to the company’s profitable general entertainment channel (GEC) broadcasting business.

Zee has a strong foothold in the Hindi and regional languages GEC space, which forms a chunk of the TV viewership base. Even as it is exiting the sports genre, it is looking at expanding its presence in the regional GEC space (Tamil Nadu, for instance). In January, it acquired Sarthak TV, a leading GEC in Odisha.

TEN Sports has the broadcast rights to the events organised by the cricketing boards of five countries, including South Africa, West Indies and Pakistan, as also to other non-cricket events such as wrestling, football and tennis.

But, it does not have the broadcasting rights for some lucrative events such as the cricket matches organised by the Board of Control for Cricket in India, thereby impacting the company’s subscription revenue from this business.





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