Category: Your Business (Page 21 of 30)

Are Job Fairs Really Worth It?

In today’s tough job market, any opportunity to find a job is well worth the effort. Job fairs, also called “career fairs,” are a great job searching resource. They allow applicants to meet dozens of employers face to face. Not only this, but these employers are actively seeking candidates, so your chances of getting hired are much better when compared to submitting your resume blind or online with the rest of the crowd.

While job fairs offer the opportunity to meet potential employers face to face, they also offer a place to practice for future interviews. There’s no better place to sharpen your selling skills. If nothing else, you’ll walk away with a better idea of how to sell yourself and much more confidence doing it.

So, how do you prepare for a job fair? Well first, you have to find them. Use your favorite search engine to look for job fairs in your immediate and surrounding areas. If you’re willing to travel (this is never a bad idea), check nearby cities and states. Many participating employers may have an office in your area, so don’t rule out out-of-state job fairs.

After finding a list of job fairs you might be interested in, find out which companies will be participating. Each job fair will have a website that lists participating companies. Next, choose which companies you would like to work for. Keep in mind that you should also research the positions each company wants to fill and if you’re qualified for them. Once you have made several matches, research the companies on your list. Find out if they are solid companies with growth potential. You can find this information on the company website, business news websites, through press releases, and even the business section of your local newspaper.

With your list in hand, you can now make your way through the job fair without wasting much time. Visit the booths or tables of your top choices first. If you have time, walk through again just to see if there are any other companies that look interesting. You might find an additional company or two that may turn out to be a good fit.

Before you head out to the job fair, make sure you have at least a dozen resumes and a list of references to hand out. Next, always dress the part. This means never show up in jeans and a T-shirt. Professional attire always makes a good first impression. It will also make you feel more confident about approaching potential employers.

What you do after a job fair can be just as important as what you do during the fair. So, after meeting with employers, always ask for a business card. If available, ask for a company brochure as well. Always remember the person’s name you met with (if it’s not on the card). Follow-up with a letter or email to the company representatives you met with. Thank them for meeting with you and briefly discuss your strengths and what you can bring to the company. If you look forward to hearing from the representative, say so. If you haven’t heard from a representative in a week or so, it’s perfectly fine to follow-up again with a phone call. Your aggressiveness will certainly help you stand out from the crowd.

To search for career fairs in your area, in addition to using search engines, you can also try the National Career Fairs website at www.nationalcareerfairs.com.

What can I do with an MBA Degree?

MBA degrees have become the gold standard of the business world. More than 62 percent of all CEOs hold a MBA or higher from an accredited program. Why? An MBA opens up more doors in the business world than any other type of degree. Not only this, but an MBA fetches higher salaries, excellent advancement opportunities, and a chance to become an entrepreneur. Its no wonder an MBA is one of the most attractive degrees in the world.

An MBA (Master of Business Administration) can prepare you for a lucrative career in upper management, portfolio management, or consulting. You can also establish a career as a marketing director, human resources manager or CEO. In an average market, an MBA holder has the potential to earn $100,000+ per year working in just about any industry. At the highest levels, a Fortune 500 CEO earns an average of $800,000 per year, plus bonuses and other perks.

Top executives are everywhere. In fact, there are more than 2,133,500 million in the business and management field today. This includes 400,400 chief executives and 1,733,100 general and operations managers.

To become a member of the top executive club, it takes dedication and hard work. It takes a minimum of six years to earn an MBA, beginning as an undergraduate. A traditional MBA degree program requires successful completion of:

  • -Accounting
  • -Business Strategy
  • -Economics
  • -Finance
  • -Human Resources
  • -Marketing Management
  • -Manufacturing and Production
  • -Operations Management
  • -Statistics
  • -Technology and Information Systems

The core curriculum accounts for 40 percent of the degree requirement. Specific course may include leadership development, global economic environment, social networks and social capital, managerial statistics, operations strategy, financial planning and analysis, strategy structure and incentives, financial accounting, marketing strategy, and managerial economics. 

Most undergraduates interested in pursuing an MBA typically earn a Bachelor of Business Administration (BBA), a Bachelor of Science in Business (BSBA), or a Bachelor of Management Studies (BMS).

An MBA program should include the classes listed above, along with an internship. Most MBA programs follow the traditional curriculum, while some programs, such as online programs, may differ slightly. The best thing to do when searching for a quality MBA program is to make sure the program is accredited by a recognized agency such as the Association to Advance Collegiate Schools of Business (AACSB). You should also compare the curriculum to a top ten MBA program such as:

  1. 1. Harvard Business School 
  2. 2. INSEAD (France)
  3. 3. IMD (Switzerland.)
  4. 4. MIT: Sloan School of Management 
  5. 5. Stanford University Graduate School of Business  
  6. 6. University of Pennsylvania: Wharton Business School
  7. 7. University of Chicago Graduate School of Business  
  8. 8. Columbia University Graduate School of Business
  9. 9. London Business School   (UK)  
  10. 10. Northwestern University: Kellogg Business School   

There are hundreds of quality MBA programs in the U.S. and abroad, so just because you didn’t graduate from a top ten program doesn’t mean your chances of making it are any less. Most MBA programs are challenging, competitive and rewarding, so give it your all and you’ll go far.

To review a list of recognized accrediting agencies visit the U.S. Department of Education website at www.ed.gov for details.

When Should You Hire a Tax Accountant?

Mistake on Taxes

If you’re single with a regular job and you have few to no assets, using a tax software program like TurboTax or H&R Block At Home is probably the best way to prepare taxes. You can even prepare them yourself without the help of a tax software program if you have the time. On the other hand, if you have a business (small or large), assets such as real estate, dependents, investments, loans, and you make donations often, then you should consider hirin a tax accountant.

Tax accountants provide services to corporations and individuals. They complete complex tax returns, offer tax advice, and assess tax liability. A tax accountant can also help businesses figure out the best regions to set up shop in order to minimize tax liabilities, and they can even help choose certain products that can help businesses or individuals save money on taxes. Most tax accountants are certified public accountants (CPAs), so they are well versed in all state and federal tax laws.

When hiring a tax accountant, it is important to know the difference between a tax preparer and tax accountant. A tax preparer, such as an employee at an H&R Block, has taken income tax preparation courses and completed training through H&R Block. They are not licensed accountants and they don’t need a degree in accounting to work at H&R Block. Tax accountants, specifically CPAs, must satisfy a number of state requirements to sit for the CPA licensing exam. One major requirement is a degree in accounting from an accredited college or university.

Each state’s requirements vary slightly but in general, most state boards require no less than 150 semester credits with a specified number of accounting courses and business courses. To give you an idea of the level of difficulty of accredited accounting programs, less than half of the students accepted into a bachelor’s degree program in accounting will graduate.

Tax Accountant

So, the first thing to look for when hiring a tax accountant is a CPA license. It is illegal for anyone to use the CPA designation without a valid license. This means, if a tax accountant says he’s a CPA, he’s probably telling the truth. You can also verify whether a license is valid or not by doing a license lookup through your state board of accountancy website. You can locate your state board of accountancy by visiting the New York State Society of CPAs (NYSSCPA). Just scroll through the directory find your state.

The next thing to consider is how long a tax accountant has been in business. Someone who has been preparing tax returns for several years is your best bet. The next thing to consider is whether the tax accountant will represent you before the IRS. A worthy tax accountant will defend your return if you are audited. A tax accountant that answers “no” is probably not the best choice.

To locate a tax accountant, try finding one through a referral first. There’s nothing better than a friend or family member that has firsthand experience with a potential tax accountant. If you can’t find a referral, try your local telephone directory. Call up to five accountants and interview each one. Most professional CPAs will set up a free consultation without hesitation. If they don’t, then it’s probably safe to cross them off your list.

Business Administration Degree Jobs

Attractive Business People

If you have plans to earn a business administration degree, you can expect to have your pick of lucrative management positions in just about any industry after graduating. Graduates with a degree in business administration qualify for management positions in private businesses, education, government, retail, technology and more. Just a few of the types of positions open to graduates include:

  • -Accountant
  • -Administrative Services Manager
  • -Banker
  • -Business Manager
  • -City Manager
  • -Controller
  • -Financial Examiner
  • -Human Resources Manager
  • -Management Analyst
  • -Marketing Manager
  • -Project Manager
  • -Public Relations Specialists
  • -School Administrator

To meet the demands of these positions, a bachelor’s degree is required. To earn more, however, you should consider earning an MBA. Here are the figures:

  • -Around 40% of all professionals in business administration related careers have at least a bachelor’s degree
  • -More than 25% have a master’s degree
  • -Nearly 5% have a doctoral or first professional degree

Many master’s degree holders obtain positions as CEO’s and other high level positions. Business administration professionals with a bachelor’s degree or higher can expect to earn median wages of around $68,050 per year up to $145,600+. 

To get started on a career in business administration, you should enroll in a business administration degree program at an accredited university. The top focus areas are accounting, project management, global management, small business and entrepreneurship or human resource management.

Many professionals in the field obtain a bachelor’s degree through a traditional business administration program at a college, university, business, or trade school. Others may obtain employment as an assistant or other entry-level position in the field while completing their business administration degree online.

Whichever path you decide to take, just make sure the accreditation is by an agency recognized by the U.S. Department of Education. Just a few recognized agencies include:

  • -The Association to Advance Collegiate Schools of Business (AACSB)
  • -The Association of Collegiate Business Schools and Programs (ACBSP)
  • -Council for Higher Education Accreditation (CHEA)
  • -Accrediting Council for Independent Colleges and Schools (ACICS)
  • -Distance Education Training Council (DETC)
  • -Council on Occupational Education (COE)
  • -Accrediting Commission for Career Schools and Colleges of Technology (ACCSCT)

 Regional Accrediting Agencies include:

  • -Middle States Association of Colleges and Schools
  • -New England Association of Schools and Colleges
  • -North Central Association of Colleges and Schools
  • -Northwest Commission on Colleges and Universities
  • -Southern Association of Colleges and Schools
  • -Western Association of Schools and Colleges

Accreditation is important, but curriculum is as well. The best programs typically require the same courses, and they offer competitive internship programs as well. The core curriculum at top schools often account for 40% of the degree requirement. Required courses should include:

  • -Accounting
  • -Analytical Applications
  • -Business Computing Skills
  • -Business Strategy
  • -Corporate Finance
  • -Economics
  • -Finance
  • -Financial Statement Analysis
  • -Human Resources
  • -Legal & Ethical Environment of Business
  • -Management Communication
  • -Manufacturing and Production
  • -Marketing Management
  • -Operations Management
  • -Organizational Behavior
  • -Principles of Marketing
  • -Statistics
  • -Strategic Management
  • -Technology and Information Systems

Most business administration students continue on to graduate school. The standard course curriculum will prepare you for that. If you’re interested in acceptance into an MBA program, consider earning a Bachelor of Business Administration (BBA), a Bachelor of Science in Business (BSBA), or a Bachelor of Management Studies (BMS).

If you would like more information about business administration careers, visit the Bureau of Labor Statistics at www.bls.gov.

Creating a Successful Freelance Writing Career

Writer_Dude_Glasses

If you’re serious about making a living as a freelance writer, the first thing you need to do is forget about all of the success stories you’ve heard about and focus on your own journey. One of the biggest mistakes aspiring writers make is fantasizing about someone else’s end result, and not taking the time out to consider how they got there. Well here’s how. The most successful freelance writers are good at what they do, they work long hours, they are dedicated and motivated, they’re consistent, and they have certain skills that help attract and keep clients.

As an aspiring writer, you must realize that there is no easy path to success and remember that the overnight success stories are the exception, not the rule. So now that the lecture is out of the way, let’s get down to business. After shifting your focus, you should think about what type of writer you would like to be, keeping in mind that the type of writer you would like to be and the type of writing you’re good at might be two different things. If you feel like you’re an excellent fiction writer and you would like to sell your stories, this next section is for you.

How to Become a Freelance Writer (Fiction)

If you have a story or stories to tell, enter your excerpts and short stories into as many contests as you can. You should also try publishing your short stories or excerpts in short story magazines and other publications that accept short stories. You can find out exactly where to market your work by picking up a copy of the most recent Novel & Short Story Writer’s Market by Writer’s Digest Books (Editor, Alice Pope).

This resource will tell you which publications are open to your genre or subject matter and the guidelines for each. Just about every publication has specific guidelines for submissions. If you don’t follow the guidelines to the letter, even if your story is fantastic, it won’t get past the front door. It can take several months to years to get your first story published, so be patient and know that once you have even one credit under your belt, getting past the front door will get easier.

Most large book publishers, and many small ones, do not accept unsolicited manuscripts, so after collecting a sizable number of credits such as honorable mentions, published stories or contest wins, consider hiring an agent. You can try to hire an agent without any credits, but having them will give agents more confidence in your skills, dedication and marketability.  An agent will evaluate your manuscript and let you know if he or she is willing to take you on as a client. If they do, you’re still only about halfway there.

Signing_Contract

Even after an agent signs you, there’s still much work to be done. Starting out, you will have to play an active role in marketing your idea, and once your book is published, you will have to do even more. This means that it takes more than being a good writer to be a successful writer. You have to get to know marketing and business in order to make it.

To learn how to approach literary agents, pick up a copy of the most recent Guide to Literary Agents by Writer’s Digest Books (Editor, Chuck Sambuchino). If you want to get your foot in the door, be sure to follow any and all guidelines to the letter.

How to Become a Freelance Writer (Non-Fiction)

Non-fiction writers might have it easier than fiction writers (or poets), but it still takes a lot of work to earn enough to quit your day job. The good news is, non-fiction is a broad filed, so there’s a market for every subject you can think of, both online and off. If your goal is to write non-fiction books, you can follow the advice in the previous section or promote your idea on your own. Say, for instance, you have an idea for a reference guide such as a dictionary of classic cars. You can use the most current issue of the Writer’s Market by Writer’s Digest Books (Editor, Robert Lee Brewer) to find publishers that might be interested in your idea. Again, if you want to impress a publisher, you can start by following directions—so follow the guidelines to the letter.

 Please note that the publishers and publications in the Writer’s Digest guides have been thoroughly researched. When searching for potential publishers, always stick to trusted sources with a solid reputation in the industry. This will help you avoid becoming the victim of a scam.

 How to Become a Freelance Writer (Non-Fiction, Online)

One of the fastest ways from starving writer to publication (and a steady paycheck) is by selling your writing skills online. Every website needs content, even if it’s just a company profile or a fact sheet about Peridot. So if you’re willing to pen a few web pages each month or write articles about everything from Asbestos to Zoology Careers, you can make a good living writing online. You do, of course, need experience with research, writing, and editing as well as experience with deadlines, working with editor’s, and working with content management systems.

Typing_On_Computer

Depending on the site, publisher, media company or whomever is doing the hiring, you may also need a degree in communications, literature, journalism, English, marketing, public relations, creative writing or a related field. Keep in mind that the more education and experience you have, the more you can charge (and earn) for your services.

Having the right skills and education is important if you want to earn a respectable salary and contract with reputable firms, but you must also be good at marketing your skills and credentials, and running a business. You have to be well-organized and excellent with time management. You must also understand how pricing and invoicing works (check Writer’s Market for current market rates for all services) as well as taxes, expense management, and handling your own health insurance and retirement savings plans.

It is important to get comfortable with the idea that starting out, you’ll be performing all of the tasks that you might be used to someone else doing, then later down the line you might be lucky enough to hire an assistant! In the meantime, the following resources will help you throughout your journey.

*Note: Craigslist is a great place to find work if you’re just starting out. Many start-ups use this site to find talent at a reasonable price. The majority of firms that use Craigslist to find writers are reputable, but occasionally, a bad apple slips through the cracks. The best way to avoid being taken for a ride is to check to make sure the company has a physical address, working phone number, and a website. Give them a call. Check out their website. If you’re nearby, take a stroll past their office. You can also check with the Better Business Bureau to see if the company is listed or just do Google search to see what you come up with. And finally, if a “company” asks for money or anything else in return for a job, it’s probably a scam.

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