5 Secrets To Becoming A Satisfied Employee

There are many facets to every person's life. Family, friends, finances, health, and leisure all take a slice of the pie. To be able to work efficiently, there must be a sense of balance between these aspects of an individual. If one or more of these is compromised, an employee will be incapable of functioning as a reliable member of the team and a useful unit of the company.

So what makes a happy employee? Metaphorically speaking, it's about having the whole pie and not just slices of it. A person must be able to balance every part of his life so he will be more satisfied with his work. Below are the 5 secrets to becoming a happy employee.

1. Find a job with flexible hours.

One of the keys to employee satisfaction is flexibility of hours, not a rigid work 9 to 5 work schedule. And when you do find that perfect employer, listen to your body before deciding on the work hours. Do you work better in the morning, afternoon, or in the evening? Different people have different biorhythms or body clocks. Some are able to get up early in the morning and work their way to the afternoon. Others find it more relaxing to start their day in the afternoon. And then of course there are people who prefer to work at night.

Employers usually set "peak hours" under these circumstances so employees still get to collaborate amidst their varying schedules.

2. Work for a company that lets you choose your teams.

It's not easy to work with a team you're not comfortable with. A team whose members lack chemistry, communication, and empathy won't be a productive one. A company should at least allow its employees to choose their teams because in the end, it will be for their benefit.

3. Go with employers that are open to ideas.

It's no fun to work with an employer who only sees things his way. And a company that is restrictive is usually bound for failure. If you want a bright future in your career, choose employers that have a reputation for being open to creative ideas. Companies like these promote healthy environments where employees can openly talk about solutions and new projects to embark on. Innovation is key to the success of any business, which is why you should work for someone who is bold enough to embrace it.

4. Consider economic incentive.

Money matters. It pays the bills and lets you enjoy a couple more things. If you want to be happy with your job, you should be at least paid what you deserve. The right employer will offer you financial incentives based on your experience, skills, and potential for growth.

5. Find a balance between your work and personal life.

This is probably the toughest challenge any employee will have to face in order to be happy with his work. But it's also the most important. Despite the long hours you work in the office, you have to spend quality time with your family and friends, invest in hobbies and leisurely activities, and reduce stressors that may interfere with your productivity at work.

Manuel Gil del Real is the owner of MGR Consulting Group, an Interactive Marketing Agency providing marketing solutions to companies worldwide. He's also an auto racing enthusiast and a blog author who enjoys sharing his thoughts and ideas on Internet Marketing, entrepreneurial advice, lifestyle and travel experiences among many others. You can read more interesting articles on various topics from his MGR Blog.

Article Source: http://EzineArticles.com/?expert=Manuel_Gil_Del_Real

How to Setup a Business in Ontario, Canada?

How to setup a business in Ontario?

Setting up a business can be an overwhelming task with a lot to comprehend. It all starts with a dream and a vision, but how do you turn that dream into reality? The dream of becoming your own boss and having the freedom to make your own decisions can be a complicated one at the beginning. Once you have determined on the actual business and its inner workings, you will have to move on to the next step of executing that business. This is where a lot of people get stuck and don't really know where to go next.

In this article I will explore and shed light on several different business structures available in Ontario. I will also explain how to be in compliance with Canada Revenue Agency (CRA) tax obligations.

The three most common structures are Sole proprietorship, Partnership, and Incorporation.

1. Sole proprietorship

Sole proprietorship, also known as a proprietorship or a sole business, is a type of business that is owned and operated by a single individual. Other individuals do not participate or own the business. This is the most simplest form of operating a business.

A sole proprietorship is simple to setup, you can operate the business under your personal name. If you desire to use an operating name you are able to register a Master Business License and operate under an operating name. The requirements for setting up a sole proprietorship are outlined in the provincial legislation.

The shortfall with a proprietorship is that the sole proprietor is personally liable for the business. There is no legal separation between the business and its owner. This creates unlimited liability from creditors and other business debts.

What are the setup cost?

The setup costs are relatively low. To Register a Master Business License online the government fee is $60. There are additional fees for name search and enhanced business name search.

How is a sole proprietorship taxed?

A proprietorship is not a separate legal entity and is taxed based on the proprietors personal income. A separate tax return is not required. The income or losses of the proprietorship will be taxed at the applicable marginal rate of the individual. If the business is profitable this may put you in a higher tax bracket.

There is no need to obtain a CRA business number for a sole proprietorship. However, in certain circumstances you will be required to register a HST number. If you have employees you will be required to register a payroll number. All of which can be done over the phone by calling the CRA business line.

The income and expenses from the sole proprietorship can be reported on your T1 Personal Income Tax return on the T2125 Statement of Business Activities form. You will be required to keep all your receipts for income tax purposes.

2. Partnership

Much like a sole proprietorship, a partnership is not a separate legal entity. A partnership arises from the legal relationship between two or more people that join forces to start a business. The partners do not have limited liability from creditors and personal assets could be seized. This has given arise to several different partnership structures, including General Partnerships, Limited Partnerships, and Limited Liability Partnerships; each of which has a different level of personal liability.

What is a General Partnership?

In a general partnership each partner is jointly and separately liable for the liabilities and obligations of the partnership. In this type of partnership, the partners do not have limited liability from creditors and personal assets could be at risk.

What is a Limited Partnership?

A limited partnership consists of a general and a limited partner. The limited partner has limited liability and only the initial investment is at risk to creditors. The general partner has unlimited liability.

What is a Limited Liability Partnership (LLP)?

A LLP is created under The Partnerships Act which allows certain professionals to practice under a LLP. The legislation states that the partner is not personally liable for any liabilities of the partnership that arise as a result of negligence by other partners of the LLP. The partners' investment and the assets of the LLP can be at risk.

Do I need a partnership agreement?

Although a partnership agreement is not required by law, it's a very good idea to have one in place. The partnership agreement would help avoid disputes among the partners in the future. The partnership agreement should include the following:

General governing rules regarding the partnership

How to add or remove partners

What happens in case of death of a partner

How to divide and distribute profits and losses

How is a partnership taxed?

A partnership is not a separate legal entity and does not file a separate tax return. The profits and losses flow directly to the partners, who report the income/losses on their personal tax return. A partnership could be required to file a T5013 Statement of Partnership Income depending on revenues and other criteria. A partnership calculates income and expenses in accordance with section 96(1) of the Income Tax Act which states that income and expenses have to be calculated at the partnership level.

A CRA business number for a partnership is not required. However, in certain circumstances you will be required to register a HST number. If you have employees you will be required to register a payroll number. All of which can be done over the phone by calling the CRA business line.

3. Corporation

A corporation is a separate legal entity which can be incorporated at the federal or provincial levels. A corporation is separate from its shareholders and must file a tax return annually regardless of the revenues it makes. A shareholder of the corporation is not liable for debts of the corporation. Although a corporation can be named in a lawsuit, the shareholders have limited liability to the capital contributed to the corporation.

What is a Federal (Canadian) incorporation?

Federal incorporation will allow you to operate and open branches all across Canada with the same name. The corporate name is recognized all over Canada. A Federal corporation is required to file a annual return every year as long as the corporation remains active. You will also have to register in the province you decide to operate in.

What is an Ontario (Provincial) incorporation?

Ontario or provincial incorporation will only allow you to have a branch in Ontario. If you decide to open a branch in another provide you will be required to incorporate there as well (the same name might not be available). With an Ontario corporation you are still able to sell your products across Canada.

How is a corporation taxed?

The income earned in the corporation is taxed at the corporate rate. The funds left over after paying taxes are considered retained earnings of the corporation. The retained earnings are distributed to the shareholders through dividends and are then taxed in the shareholders' hands at their respective marginal tax rate.

The setup costs can range from $500 to $5,000 depending on the tax structure and legal advice needed.

When to file corporate taxes?

All corporations have to file a corporation tax (T2) return every tax year even if there is no tax payable. If you are a CCPC the payment is due 90 days after the corporate year end and filing is due 180 days from the year end.

CRA Business Number

The CRA will open a business number for your corporation. The CRA will request that one of the owners or directors provide a social insurance number and major business activity.

GST/HST Number

You will be required to open a HST number if your revenues are going to be above $30,000 or you plan on collecting HST on the goods or services you provide. You also have the option to voluntary register for a HST number from the beginning. It is critical that you review the CRA's GST/HST Guide to stay in compliance of the regulations.

This CRA tool can determine if you Should register for a GST/HST account?

Payroll Number

You have to register for a payroll account before the first remittance due date. Your first remittance due date is the 15th day of the month following the month in which you began withholding deductions from your employee's pay.

Conclusion

The type and size of business will often dictate the structure of the business. A lot of businesses start as a sole proprietorship (for the above reasons) and as they grow they will change into a corporation. There are tax provisions which can be used to roll over the business to a corporation tax free. Once this is done the CRA will have to be notified and everything can be changed over.

https://www.ontario.ca/business-and-economy/small-business-advice-support-services-regulations

http://www.servicecanada.gc.ca/eng/lifeevents/business.shtml

Article Source: http://EzineArticles.com/?expert=Sarb_Cheema

Essential Catering Equipment for Your Restaurant

The holiday season is quickly approaching and many malls and stores have already set up their Christmas decorations as early as October. Yes, the holidays are a busy time for everyone because we're all rushing to get things done while also wanting to take some time to unwind. As a restaurant owner, I'm sure you know what that means. People want to relax and eat scrumptious food at a restaurant. So, your restaurant needs to be geared up to satisfy the demand.

If you would like your restaurant to be profitable and run efficiently, listed below is essential commercial kitchen equipment that you will require.

Husky Beverage Cooler. The silly season is here and people indulge in a drink or two or three. If you don't have chilled drinks for your customers they may just get up and leave. Husky coolers chill drinks to perfection and your customers will not be disappointed.

Scotsman Ice Machine. Along with chilled drinks, you will need to have ice readily available for those drinks. Imagine making a cocktail for a customer and you suddenly run out of ice. No ice equates to an unsatisfied customer and that is not acceptable. Scotsman ice machines are the preferred brand in the catering industry. Scotsman offers a comprehensive range of commercial ice makers to satisfy every demand.

Longoni Cake Display Fridge. This is the time of the year when people forget their diets and desserts are a must have. The Longoni fridge beautifully displays mouth-watering cakes within eyeshot of the customers. This will entice them to order dessert. Longoni is an Italian manufacturer specializing in refrigerated display cabinets since 1983. It is a well-established brand that sells itself.

Robot Coupe Food Processor/Cutter. You don't have a lot of time on hand to chop, slice, or cut vegetables. Using a Food Processor will cut your time in half and it's much safer than slicing vegetables by hand. The Robot Coupe Food Processor has an induction motor, a selection of discs, and a magnetic safety system. The Robot Coupe brand keeps on giving and is designed to handle large volumes.

Anvil Commercial Potato Peeler. If you serve fresh chips and potato dishes in your restaurant, you don't have the time to sit around and peel potatoes. Invest in a quality commercial Anvil Potato Peeler as it is able to peel up to 12 kilograms of potatoes within 2 minutes. Anvil is a proudly South African brand that has gained world-wide recognition for its highly quality and reliable commercial catering equipment.

If you want your restaurant to handle the fast pace and high demand of the holiday season, invest in quality commercial catering equipment that is reliable and that will help you to stay ahead of your competitors and ultimately offer great customer service.

CaterWeb stocks a full range of commercial kitchen products and we even offer free demonstrations as well as hands on training if necessary. Visit our website to access our online store or alternatively we welcome you to visit our new showroom.

Please call us at 0861 CATERWEB or e-mail your inquiry to sales@caterweb.co.za so we may assist with your catering equipment requirements!

Article Source: http://EzineArticles.com/?expert=Stana_Peete

How to Negotiate Salary To Reach Your Full Earning Potential

In order to emerge from the interviewing process a winner and reach your earning potential, you must be prepared to do homework and work.

First of all, do not discuss salary. The employer should want you. Discuss what you can do for them and how you are valuable to them. The reason that an employer asks you salary information is they want to know how little they can pay you. They do not want to quote a price higher than what you currently make. They know very well the price range for the position. The other reason often cited by employers is that they want to know if the candidate is in their price range. Everyone has enough money for the right person. They also know the salary range for the position at hand. They can do the math of the seniority of that person and their expertise in the area.

The amount on the offer letter is a reflection of how much they feel that you are worth to them. The first number, the starting point, says a lot. A company that is truly interested in you for the long-term will pay, so that they snap you up. If they want to negotiate and go into haggling, the bargaining can work against the candidate in the future, because even if they pay, they might feel that they are overpaying and build resentment, even subconsciously. If not, it can show that they are cheap and into playing games.

I once received an offer letter from a company and they gave me a low ball figure with the statement that the amount is final. The salary offered was a very, very low-ball figure, below that of even a starting engineer, let alone a senior software and systems engineer. I turned it down. The employer came back with the statement that the hiring manager talked to the CEO and they went over their finances and were able to get a few more dollars. The offer was still low. This game went on for three rounds, and in the end, I turned down the offer. I knew what I was worth. A couple of weeks later, I started work at a different company, a bit further, but several times that earlier offer. A candidate must do research and know how much they are worth. A candidate should know what they are wroth in perks too and how that compares to others (for instance a private office, dedicated parking spot, extra time off, flex time, etc.).

During the interview be sure to listen to what the interviewers say about the position, not just the text posted in the requisition. Go home and do your homework on how you fit the extra points not mentioned. Be sure to write down concrete facts. Keep this information for the following conversation after you receive an offer letter. When the negotiating time comes, you want to call out everything that you bring to the table, not just the specific points raised in the requisition. You want to show them concretely what you can do for them that they may not have realized.

Never say yes or no immediately. Ask to wait a week or so to give yourself a chance to cool off and do research, not just on all the additional tasks required for the position, but doing research for salary ranges in your area for similar position.

Request a follow-up meeting to discuss the offer letter. Never highball, as that is a turn off, but if you feel and know that you are worth more, say so and then cite the facts getting down to business. You may want to remember that time is money, so if they balk at money, maybe you can get something in kind, extra vacation or whatever. The reason that I say "time is money," is because there is also the reality that the longer that you do not work, the more money flies out the window. If you turn down a salary for $500 per year, but will be out of work for one-month, you may lose more in the longer term than what you might gain. When negotiating, you must keep immediate, short, and long-term goals and benefits in mind.

When you go into negotiate, first start off with a soft question, one that does not mean anything, something that you already know the answer to, such as when you can get a 401K match. The answer, as you can easily research, is always 6-months. The second question should be another easy question. The third question should be your top priority. Have your priorities written out before you come into negotiate the salary.

All employers expect that candidates to negotiate. That is part of the process. In fact, employers see candidates who negotiate as high performers, who value themselves. That might be another reason for them to give you a lower salary to start. They want to know if you value yourself.

Do remind the hiring manager all that you bring to the table and why you are the expert that can solve their problem and take responsibility for solving their problem.

Saying no and declining the offer letter is also an option. Show that you are definitely interested in the position, both through expression and in deed, but if you are worth more, then say so and turn it down. I know from personal experience back in 2005 that an employer much of the time for a right fit will come back. I had this one employer come back to me with two additional offers. Be prepared to walk. Never sell yourself short, as that is a recipe disaster.

Do not get discouraged by comments like: "We are happy that you would like to work with us, however the salary that we budgeted (the key word here) for this position is what we offered." Know when to not back down and stand firm, but also know when to negotiate or get something in kind. Do your homework ahead of time.

Lastly, practice speaking and talking. Winning friends and influencing people, is an art and not a skill that one comes by through birth.

• Do your homework
• All salaries and benefits are negotiable
• Make a counter offer (might include little or no extra money but add benefits)
• Make a positive impression and iterate how you can solve their problem
• Explain how you help their bottom line, but do not make this a discussion of you and how you are perfect and the best
• If you want to grow and do more as you get familiar with things, mention that
• Always be courteous, respectful, kind, and good-natured

Sarah Weinberger is the founder and CEO of Butterflyvista Corporation.

http://www.butterflyvista.com.

Sarah is also a professional career catapult specialist, business woman, speaker, author, and software and systems engineer, with three decades of professional experience holding multiple certifications and an advanced degree.

Sarah is also the author of Jobfish, a premier job search management software application.

Learn more about her offerings and Butterflyvista's offerings by visiting the website. Connect on Facebook, Twitter, Google+, and LinkedIn.

Article Source: http://EzineArticles.com/?expert=Sarah_Weinberger

Travel Like A Business Owner, Frugally!

People who don't travel much will often think that business travel is exotic. Interesting cities, nice hotels, restaurant meals all seems so much better that the everyday "humdrum" existence they live!

Then there are the people who actually travel for business, whose view might be a little different. Longer hours, no home cooked meals, miss their own bed, hotels are all the same when all you do is use them to sleep and shower, restaurant meals get old and then there is the time away from family. Not often mentioned but equally off putting is the exposure to germs and people you might not otherwise choose to meet! Too often you find yourself in an aircraft where invariably you are sitting next to a large person who overflows into your space, and has a very obvious cold!

Now that I have put business travel into context, it IS a valuable, and needed, activity for any business that has multiple locations or even just clients in multiple locations.

Business owners approach travel with the goal of achieving their business needs as effectively and as "cost effectively" as possible! Here are some business travel tips from a business owner:

"Beware of little expenses; a small leak will sink a great ship." Benjamin Franklin

1. Book ahead! Last minute travel is costly... and does not allow you to plan your days as effectively as you might.


2. Look at travel options... don't go with the same airline all the time just to collect points! In Canada I might travel on Westjet, Air Canada or Porter based on price, convenience and my travel needs for a given trip.


3. Be frugal with hotel bookings. Generally it's just a bed and a shower. You don't need the most expensive hotel. I find a reasonable place, convenient to my meetings. I often use sites like Hotwire to get great rates and have friends who use airbnb.


4. Limit travel in business hours. I get early morning flights when headed west, and late evening flights when headed east. This means I can maximize my time at my destination. For example if I leave Toronto at or before 7am I can arrive in Calgary or Vancouver around 9am local time, giving me a full day in that city.


5. Look after your body. Eat well, get enough sleep and work out. You don't even need a gym to work out! Pushups, ab exercises, squats, lunges, walking the stairs etc. are all good exercise that you can do anywhere.


6. Travel with hand sanitiser. In the "germ environments" of planes and hotels it makes sense to act like a health professional. Wash your hands often!


7. Travel with supplements. You will likely not get the nutrients you get with your regular diet so bring vitamins, ColdFX even some pain medication. It will help you stay healthier and hence more effective.


8. Limit your alcohol intake. It is easy to let this get away from you when you are visiting colleagues and clients in other cities. Exercise some restraint, your body will thank you.


9. Take materials with you that will make your travel time effective. Catch up on reading, create a reading file with photocopies or cutouts of articles. Put materials on your kindle, iPad or other reader.


10. Travel light. Learn to pack effectively and think through your wardrobe... if you can travel with carry-on luggage only you will save time and aggravation. (Learn to us an iron... there is one in most hotel rooms).


11. Spend like it is your own money. As a business owner it IS your own money! Tip appropriately, but not extravagantly. Choose reasonable but not crazy restaurants. Take the team for a couple of drinks, but don't make a night of it.

"Entrepreneurship is living a few years like most people won't. So that you can live the rest of your life like most people can't." Unknown

These are lessons I have learned over the last 18 years owning and operating my own business.

What tips do you have to share?

Kevin Dee is CEO of Eagle, one of Canada's largest professional staffing companies. You can read more of his writing at the Eagle Blog http://www.eagleonline.com/blog/

Article Source: http://EzineArticles.com/?expert=Kevin_Dee

Know All About Booming Job Sectors of Chennai

Chennai has a huge economic base, which is mainly dominated by information technology, automobile, financial and medical sectors. If you are looking for a job in Chennai for freshers then this career guide would ease your job hunt. Let's have a look at top sectors where you can find a job in Chennai for freshers -

Software & software services= Chennai has been always acknowledged as one of the most flourishing Indian cities for out-shoring services. The city is the second largest exporter of the IT & ITes and as a result, it has become the thriving hub for android & games based technologies. Moreover, in the last few years, there has been a great spurt in the demand of professionals working in the BPO field and the demand has even increased by 11 per cent. There are various economic zones which are developed in & around the city. Some of the leading software companies which have their offices in the city are:

1= Accenture
2= Capgemini
3= Oracle Corporation
4= HCL
5= IBM
6= Satyam
7= Infosys
8= Amazon
9= Intel
10= Wipro
11= Microsoft
12= Deloitte

Electronics hardware sector= During the past few years, Chennai has become the major hub for electronics manufacturing in South Asia as various leading international companies have established their centers in the city. Known as the largest electronics hardware exporter, the state government is taking all initiatives in order to bolster electronic manufacturing in the city. Some of the top companies offering jobs for freshers in Chennai are:

1= Nokia
2= Dell
3= Samsung
4= Siemens
5= Atmel
6= Texas Instruments
7= Xerox

Automobile sector= Fondly called the 'Detroit of India', Chennai has witnessed the presence of top-notch multinational companies. Moreover, the city has become the important center for the auto ancillary industry also. Hyundai has already decided to set up its engine plant in the city and Ford will also make a huge investment in the automobile sector of Chennai. Also, the city has one of the huge automotive research & development centers, which houses top companies like BMW, Caterpillar and Nissan.

Banking & finance sector= Chennai is also called the financial capital of India as there are various banks & financial institutions which are established in the city. In the present scenario, the city has become the home to four public and commercial banks, and many regional & state-level banks have also opened their branches in the city.

Some of the top financial institutions present in the city are:

1= World Bank
2= ABN Amro
3= Bank of America
4= Standard Chartered Bank
5= HSBC
6= Goldman Sachs
7= The Royal Bank of Scotland
8= ING Group
9= Sumitomo Mitsui Banking Corporation
10= The Bank of Tokyo-Mitsubishi UFJ
11= Abu Dhabi Commercial Bank
12= Asian Development Bank
13= Credit Suisse
14= Citibank
15= BNP Paribas Fortis

The salary package

If reports are to be believed, companies in Chennai offer lucrative salary packages to its employees along with some exciting perks. In order to get a complete idea of the salary package, we will take into account some of the common job profiles which you can find in Chennai. If you work as a software engineer, then you can expect to earn Rs 5-8 lakh/annum; whereas as an IT project, your salary would be Rs 10-20 lakh/annum.

The author works for CareerBuilder, where you can find a wide array of jobs for freshers in Chennai.

Article Source: http://EzineArticles.com/?expert=Reenaa_Dhiman

3 Questions to Ask Before Closing Your Business

Have you ever had a business that you felt inclined to close? Are you currently considering closing the doors to your business? Does the thought of it all give you anxiety? Do you wonder what to do next? You are not alone. Countless other entrepreneurs, including myself, have had those same feelings. I look back on those moments and I can now see that those were "breakdowns before breakthroughs".

Often times those breakdowns can be the best thing for you to experience growth. Several clients have asked me "How do you know when to walk away?" My response to each of them was the same. It is truly a personal decision that no one except the business owner can answer. Today on Social Media's "Throwback Thursday" I posted a picture of a private preschool that I owned for several years that I eventually had to walk away from. I have not openly talked about that situation for it was such a hard decision and it still stings a bit. So bear with me; this may be a pseudo therapy session!

After the birth of my first son I was practicing law full time and had to rely upon childcare providers. I quickly become very unimpressed with the quality and high pricing of childcare providers. Those feelings caused me to begin to have visions of owning my own pre school. It came to fruition 6 years later when I purchased a daycare center that was literally in its last days. There were less than 20 kids enrolled and the center and it had a $7200 per month financial deficit. I worked soooo hard to pull the center out of the mud! I believed in myself and what I could do. I worked with professionals to create a structured curriculum, implemented extra curricular activities, introduced a foreign language program and so many other things. In less than a year I quadrupled enrollment and pulled the center from the grim financial state. As an attorney I knew very little about the childcare industry aside from what I would expect as a parent. I studied, I researched, I WORKED. I put countless hours and over $100,000.00 of my personal savings into this business. (Yes, that's the part that stings!)

Eventually obstacles started to arise. Obstacles that made it very hard and incredibly stressful for me to run the business. Telling you about all those obstacles would be an extra long post all in itself... or maybe even a short TV drama series! I stuck it out as long as I could, but eventually made the personal decision to walk away from the business. I had to weigh my options. The stress that the business was causing & the attention it was taking from my family was not worth it. The amount of money I made from that venture could not possibly justify the huge effect it had on my quality of life. I loved all those children in the school like my own; however my quality of life was much more important. I considered those factors and the length of time that I endured the stress and it just made sense to walk away and maintain my sanity!

For awhile I felt like a failure. I cried, I was upset, I was disappointed... so many feelings at the same time. I spent so much time in the business that I honestly just felt lost and confused about what to do with all the extra hours I had in a day. Looking back on it I am positive that was the BEST decision; however at the time I could not see that (not even a little bit). The only things I could think about was how this private preschool was what I wanted and how I worked so hard. I also beat myself up because I had spent money that very well could have funded at least one of my children's college education.

I'm slowly coming out of being hesitant to talk about it. Why? Because I no longer feel like a failure. I do not feel like a failure because now I know that I am NOT a failure. I turned the business around and accomplished what I wanted to accomplish. I had the pleasure of meeting and having relationships with over 100 sets of parents, loving on and nurturing over 100 children, supplying over 13 ladies with a job and was able to scratch a big task from my bucket list! I lost money. So what? Money comes and money goes. If I was able to save that amount once I had to reassure myself that I was totally capable of doing it again, but now because of what I learned in that savings journey, I can do it quicker than I did before! One business did not work out the way I had liked. OK. So what! There are several others that have and still are doing well. That is the chance one takes as an entrepreneur, right? It took me 6 weeks to continuously remind myself of this and grieve. After that I picked up my feelings and was on to the next venture.

It was a tough experience, but a necessary experience. If you are considering closing your business here are

3 Questions you should ask yourself before shutting your doors:

1. Is what you are experiencing truly your hearts desire?

2. Is continuing in this business going to drain you even if its a raging success?

3. Does the thought of the business magically disappearing and you moving to something new bring you excitement and a sense of lightness?

Once you have the answers to these questions you can make a better decision. Remember, when it comes to tough decisions like this it is your heart that has the answers; not your mind. If you have a business that you are considering closing or if you have a business that closed, don't let that be the end all! It happens. It is the UGLY in the good, bad and the ugly of entrepreneurship. When you were learning to ride a bike you fell off, right? You did not get on the first time and ride with ease. If you were anything like me you were determined to learn to ride even more after a fall! I bet after you fell and put a bandage on your knee you got right back on. It is the same thing with entrepreneurship. If it is in your blood to live a life of entrepreneurship there is nothing you can do about it! It is a trait that you are stuck with. Knowing that fact about yourself, don't let one disappointing experience keep you off the bike. Get back on the bike, regain your balance and peddle with even more force and determination! A quitter never wins and a winner never quits!

Have you ever walked away from something and found that walking away was a huge blessing? What was the biggest take-way lesson learned?

For more information on strategies and techniques to rebrand and rebuild your business, visit my website at http://www.LeniseWilliams.com

Article Source: http://EzineArticles.com/?expert=Lenise_Williams