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Managing a Business/Questions Answered by Expert Frank J. Banzer
| Subject | Date Asked |
| Career | 1/18/2010 |
| Q: I am a recent MBA (Finance&MIS) graduate, my undergrad was in Mechanical engineering. After that I ... A: Have you considered management consulting? I have been out of that business for about 10 years, so ... | |
| Income to payroll ratio | 12/19/2009 |
| Q: My wife owns and operates a hair salon. Currently the payroll is 53% of the income. Is this within ... A: Though the 53% may seem like a high number, it is not, in fact, out of line with industry standards. ... | |
| community relations | 12/13/2009 |
| Q: could you help me in how an organization can identify activities of communities that the ... A: Suggestion: 1. Identify a specific need of the community (health care,help for the homeless, help ... | |
| Advice | 11/23/2009 |
| Q: I have my own print shop which opened for more than a year and when I open this small business I was ... A: You have an interesting question. I will give you some things to think about: (1) What is the ... | |
| Question - please help | 9/23/2009 |
| Q: Can you please help me to solving following question. Thank you, Suppose a company CEO appears to ... A: There is probably nothing you can do about the bullying, but the sexual harassment is actionable. ... | |
| income to personnel expense ratio | 8/20/2009 |
| Q: I was wondering if there is a standard for ration for the number of employees or your payroll ... A: ..thanks for your question. Yes there are 'averages' and they vary greatly by the type of business. ... | |
| Cash flow problems | 3/14/2009 |
| Q: We own a very small family business in the manufacturing sector (tailor-made stainless steel ... A: What it appears you are doing is what we would call "factoring" your invoices...selling them before ... | |
| Cash flow problems | 3/10/2009 |
| Q: We own a very small family business in the manufacturing sector (tailor-made stainless steel ... A: There isn't necessarily a direct connection between the amount of your combined receivables & ... | |
| Employee's Salaries | 1/12/2009 |
| Q: I am a small business owner. I feel there are several employees within my organization that are ... A: I think that the first question to answer is 'How did this situation come into being?' The ... | |
| finding business partners | 6/18/2008 |
| Q: How do I find a business partner? A: Two comments: (1) if you are looking for a partner because you need additional finances, stop ... | |
| control | 2/11/2008 |
| Q: First let me say, I am not asking you a homework question! I am involved with an organization that I ... A: excellent question. This is not an uncommon problem. Do you suspect that the bartender is giving ... | |
| management assignment | 12/27/2007 |
| Q: have you ever made a decision with information that was not timely,of both good quality,complete or ... A: Of course, it is not advisable to make an important decision under the circumstances you describe. ... | |
| business information | 8/30/2007 |
| Q: What are some places on the internet where I can look up to find out information about a business? I ... A: If I am understanding your question correctly, the answer is simple. Just type the name of the ... | |
| bad checks | 4/30/2007 |
| Q: I'm just starting out with my home-based business and just beginning to build up my clientele. In ... A: I don't know the nature of your business, but in general there are several things you can do which ... | |
| need to ask | 8/17/2006 |
| Q: please i have a question frequent on my mind hope you aid me ; if i have a company & sure i have ... A: See an attorney and have him/her draw up a 'non-compete'agreement for you and the employee to sign. ... | |
| Gas Allowance for business use | 7/17/2006 |
| Q: Greetings Mr. Banzer; First off thank you for voulunteering your time and your expertise. A little ... A: I think the most simple solution to your situation would be as follows: (1) calculate your ... | |
| Support & Maintenace contract fees | 12/1/2005 |
| Q: I have recently become an independant consultant & network support specialist for small to meduim ... A: I would think that the monthly fee would have to be specific to each client and be based on your ... | |
| Compensation for Sales Personnel | 3/31/2005 |
| Q: I run a Specialty Metal Distribution company. I bought this co. almost a year ago and changed the ... A: I am not familiar with the 'normal' payment terms for your company or your market, however, even if ... | |
| Failure-Manager | 3/6/2005 |
| Q: When a manager fails to meet the goals of the organisation what are the actions usually taken by the ... A: Usually, progress towards meeting goals is monitored periodically by the administration. The best ... | |
| Record Keeping | 1/30/2005 |
| Q: I am a licensed acupuncturist and plan on giving the "paid online surveys" thing a whirl. If the ... A: I would be careful if I were you. Most of these programs are scams. Either you will never receive ... | |
| client block me | 10/31/2004 |
| Q: One of my clients stop picking my call, did not return my call, should I go their home and knock the ... A: Whether you can collect the rest of the design fee would depend upon the terms of your original ... | |
| manual vs computerized system | 10/24/2004 |
| Q: Wastage of space, problem in searching records manually, data redundancy, insufficient security of ... A: You have covered most of the disadvantages, however what you list as 'disadvantages' are not ... | |
| Improving production in my small factory | 5/15/2004 |
| Q: Banzer, I am the owner of a small factory in Northern Thailand. We design and manufacture ... A: You have not given me much to go on, but for starters you should look at your labor and material ... | |
| Hello Mr. Banzer, | 4/10/2004 |
| Q: I have a father who is a locksmith and I wonder how I could increase jobs by being somewhat of a ... A: Are you looking to make money for yourself or are you primarily looking to increase your dad's ... | |
Managing a Business
Answers by Expert:
Frank J. Banzer
Top Expert on this page
Expertise
I accept questions concerning solving problems with management control and organization, financial planning and control, production/sales planning and control, and management development.
Experience
i have in excess of 30 years experience in management and consuting in a broad range of industries. I am an experienced management trainer.
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