START WORKING ON YOUR GOALS
Business
WALK ALONG THE PATH BY FAITH
THE POWER OF THE “C”: HE/SHE WHO HOLDS THE CONTRACT HAS THE POWER
THE POWER OF THE “C”
Have you ever had a client or customer request a service or product from your small business, but for some reason or another failed to follow through with completing their payment for what they requested of you?!?!
The truth of the matter is, this is very common in business. I’ve know quit a few people who fell prey to people or other businesses that have tried to take advantage of the goods or services they were offering. How does one limit, or better position themselves should someone fail to follow through with full payment for a good or service? It’s all in the Power of the “C” – A CONTRACT!
Just as incorporation documentation is vital to the development of a business, so is a contract! Every business should have some sort of template contract drafted and ready to be customized prior to entering into business transaction. A contract is a legally binding document entailing the set of promises or agreements between two parties. Should someone breech the terms of the contract, it positions you as the business owner to pursue legal action to obtain what was agreed upon.
There are four basic elements to a contract:
- An agreement needs to be consensual between parties, followed by an offer an acceptance;
- The parties promises must be supported by something of value, known as consideration;
- All parties must have the capacity to enter into a contract; and
- The contract must have a legal purpose.
(Bagley and Savage, 2010)
There are so many other components to a contract, and what is listed above is the bare minimum. Additionally, laws concerning what constitutes a binding agreement vary from state to state. Furthermore, there are legal nuances that can allow one to exit a contract under justifiable circumstances. Nonetheless, you should have one drafted for your business to protect yourself.
If you do not have a contract written for your business, I want to encourage you to do so today! If you need consultation to draft a simple contract, you can contact me at (786) 766-0776 or by email at info@trendybizladyspeaks.net. For more extensive contracts, you should contact a lawyer.
References:
Constance E. Bailey and Diane W. Savage. Managers and the Legal Environment. 2010.
Ohio. South-Western Cenage Learning.
NOTHING IS IMPOSSIBLE
THE BASICS OF STRATEGIC MANAGEMENT VIA BALANCED SCORECARD
Here’s a great synopsis on the basics of strategic management (www.balancedscorecard.org)
Uses a Systems Approach that starts with the end in mind.
Incorporate Change Management and Leadership Development to effectively transform an organization to high performance.
Provide Actionable Performance Information to better inform decision making.
Incorporate Assessment-Based Inputs of the external and internal environment, and an understanding of customers and stakeholder needs and expectations.
Include Strategic Initiatives to focus attention on the most important performance improvement projects.
Offer a Supporting Toolkit, including terminology, concepts, steps, tools, and techniques that are flexible and scalable.
Align Strategy and Culture, with a focus on results and the drivers of results.
Integrate Existing Organization Systems and Align the Organization Around Strategy.
Be Simple to Administer, Clear to Understand and Direct, and Deliver Practical Benefits Over the Long-Term.
Incorporate Learning and Feedback, to Promote Continuous Long-term Improvement.
JOIN LAQUISHA AND TERIA
Join LaQuisha and Teria for Etiquette Essentials for The World Class Woman… hope to see you there!
CONQUER NEW MARKETS
ENTREPRENEUR: TO BE OR NOT TO BE 💼💼
ENTREPRENEUR: TO BE OR NOT TO BE?
Ever wonder if you were cut out for this entrepreneur thing?!?!? Often question yourself whether you innately have what it takes to be a successful entrepreneur?!?!? Well, Harvard Business Review (HBR) conducted a case study to narrow down some of the key traits to gauge whether your are (or not) a successful entrepreneur: persuasion, leadership, personal accountability, goal orientation, and interpersonal skills. (Harvard Business Review, 2013) Based on the research conducted by HBR, serial entreprenuers had above average persuasion and leadership ablity. (2013). Therefore, we can conclude that most strong entreprenuers have the power of persuasion and the ability to lead. What does this mean?!?!? Strong entreprenuers have the ability to wittingly and smoothly convince others to buy into their idea, product or service, and they have the ability to “take the torch and run with it to get the gold”. Persuasion and leadership were the top two, and personal accountability fell shortly below being the third highest trait serial entrepreneurs possess. Many scholars, leaders and researchers have argued that entreprenuership and its qualities can not be taught or learned, but are ones that someone naturally possess. To be or not to be? This is the age-old rhetorical question many of you entreprenuers or aspiring entreprenuers can try to answer and ponder if you have what it takes.
WELCOME
Welcome to #TrendyBizLadySpeaks, the official page of Latasha T. Moore, MBA.
I’m excited that you are interested in finding out more information on how Ms. Moore can be of service to you!
Well, who is Latasha T. Moore, MBA ?!?!
Latasha is a consultant, speaker, business blogger and advocate who uses her motivational and strategic development gifts to birth the visions of individuals and companies. She is the President of Matriarch Management Enterprises Corporation, the management company that houses her business endeavors, and the Principle/Chief Business Strategist of Bennett-Moore Consulting. Mostly regarded as a “behind the scenes” business woman, Latasha has assisted several start-ups and corporations in creating strategic plans, and implementing strategic methods, to achieve desirable, successful outcomes.
Known also for her witty, humorous approach to speaking, Latasha has been credited and praised by many audiences for captivating attendees while imparting knowledge that is understandable for people regardless of their background.
Not only does she consult and speak, but she is a social activist and women’s advocate. She has a sincere passion to advocate and assist the undeserved of the community. She also has piercing desire for women’s equality and rights in the workplace. Her mission is to equip women to be strong players as small business owners and leaders of corporations. Her advocacy efforts include working with organizations such as NAACP, NAN, Miami-Dade Democrats, Black Democratic Executive, just to name a few.
She is a graduate of the University of Florida, where she completed her Bachelors degree. She then moved on to obtain her Masters of Business Administration from South University. Her business experience spans across ten plus years in the for-profit and non-profit sectors.
Latasha’s mission in business is simple: build people who will in turn build strong business. And she will carry out her mission efforts through consulting, speaking, blogging and advocating…
Click through the pages to find out more on how #TrendyBizLadySpeaks BUILDS PEOPLE TO BUILD BUSINESSES
trendybizladyspeaks.net 