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Introduction | |
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Welcome to the Construction Industry | |
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Basic Needs | |
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First Hurdles | |
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Knowledge | |
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The Dangers | |
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How Many Houses Can You Build? | |
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How Much Money Can You Make? | |
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Getting Your Feet Wet | |
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Which Type of House Should You Build First? | |
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Picking the Right House Plan | |
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Your Edge | |
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Bringing It All Together | |
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Test the Waters | |
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What Do You Want to Accomplish in Your Business Career? | |
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When Your Job Becomes Your Business | |
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Construction Offers You Many Business Opportunities | |
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What Do You Want from Your Business? | |
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Where Do You Want Your Business to Be in Five Years? | |
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What Type of Customer Do You Want to Serve? | |
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What Role Will You Play in The Business? | |
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Have You Evaluated Your Cash Reserves? | |
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Taking the Plunge | |
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Keeping Your Expenses in Check | |
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Beating Heavy Overhead Expenses | |
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Learn What Expenses to Cut | |
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Know Which Expenses Are Justified | |
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Cutting the Wrong Expenses Can Be Expensive | |
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Looking Into the Future | |
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Long-Range Planning Pays Off in the End | |
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Focusing on Change | |
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Getting Organized and Ready to Work | |
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Choosing Your Business Structure | |
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What Type of Business Structure Is Best for You? | |
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Learn the Pros and Cons of Each Form of Business | |
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15 Mistakes Builders Make That You Can Avoid | |
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It Takes More Money Than You Think | |
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Avoiding Heavy Overhead Expenses | |
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Too Cautious | |
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Select Your Subcontractors Carefully | |
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Set Up a Line of Credit | |
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Get It in Writing | |
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Stay Away from Time-and-Material Prices | |
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Check Zoning Regulations | |
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Covenants and Restrictions | |
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Insurance | |
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Inaccurate Quotes | |
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Inspect Your Jobs Frequently | |
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Customer Relations | |
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Change Orders | |
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Never Get Too Comfortable | |
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The Pros and Cons of Building Model Homes | |
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It's Easier to Sell | |
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Credibility | |
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Extra Attention | |
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The Disadvantages | |
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Subdivisions | |
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Building Here and There | |
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My Personal Opinion | |
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Courting Bankers | |
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Good Credit Is Crucial to a Growing Business | |
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Trade Accounts | |
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Selecting Your Lending Institutions | |
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How to Establish Credit When You Have None | |
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How to Overcome a Poor Credit Rating | |
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Seven Techniques to Assure Your Credit Success | |
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Credit for Your Customers | |
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An Edge | |
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Bonds | |
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Selling Without Having a House to Show | |
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The Basics | |
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Talk Less and Listen More | |
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People Like to Talk | |
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Getting Down to Business | |
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The Key Elements | |
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Opening Your Own Office | |
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Should You Work from Home or from a Rented Space? | |
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Self-Discipline | |
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Storefront Requirements | |
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Commercial Image | |
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Assess Your Office Needs | |
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Location Can Make a Difference | |
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How Much Office Can You Afford? | |
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Answering Services Compared to Answering Machines | |
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Finding the Best Building Lots | |
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Not All Lots Are Created Equally | |
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Utility Hookups | |
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Lay of the Land | |
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Flood Zones | |
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Trees | |
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Access | |
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Restrictions | |
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Finding the Cream of the Crop | |
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Controlling Desirable Lots in Subdivisions Without Buying Them | |
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Takedown Schedules | |
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Options | |
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Stretch Your Money | |
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Developing Your Own Building Lots | |
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Little Deals | |
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When Things Go Right | |
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Mid-Size Deals | |
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Big Deals | |
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It's Tempting | |
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Building on Speculation | |
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Picking Lots and Plans | |
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Target Your Market | |
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Hitting Your Mark | |
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A Safety Net | |
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Colors and Products | |
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Selling Your Spec Houses | |
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Selling with Real-Estate Broker | |
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Sell It Yourself? | |
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In-House Sales | |
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Buyer's Agents | |
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Seller's Agents | |
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Big Real-Estate Companies | |
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Ask Questions | |
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The Commission | |
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Multiple Listing Service (MLS) | |
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Doing the Grunt Work | |
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Managing Your Time and Your Money | |
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Time Is Money | |
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Budget Your Time | |
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Know When You Are Wasting Your Time | |
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Controlling Long-Winded Gab Sessions | |
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Set Your Appointments for Maximum Efficiency | |
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Reduce Lost Time in the Office | |
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The A List and the B List | |
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Reduce Lost Time in the Field | |
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Using a Tape Recorder to Improve Efficiency | |
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Should You Have a Cell Phone? | |
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Adding a Computer to Your Toolbox | |
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Desktop Alternatives | |
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Getting Started | |
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How Will a Computer Help Your Business? | |
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Building Customer Credibility with Computers | |
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Spreadsheets, Databases, and Word Processing | |
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The Power of Computer-Aided Design (CAD) | |
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Selecting Your Hardware | |
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Keeping Track of Your Cash | |
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Keeping Your Accounts Receivable and Payable Under Control | |
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Cash Flow | |
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Looking Ahead to Financial Challenges | |
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Money Management | |
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Contract Deposits | |
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Eliminating Subcontractor Deposits | |
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Stretch Your Money | |
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Credit | |
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Collecting Past-Due Accounts | |
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Construction Loans | |
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Taxes | |
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Surviving an IRS Audit | |
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The Legal Side | |
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Choosing Attorneys and Accountants | |
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Documenting Your Business Activity | |
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Contracts, Change Orders, and Related Paperwork | |
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Good Contracts Make Satisfied Customer | |
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Trucks, Tools, Equipment, and Inventory | |
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Leasing vs. Purchasing | |
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Separate Needs from Desires | |
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Financial Justification | |
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How Much Inventory Should You Stock? | |
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Controlling Inventory Theft and Waste | |
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Stocking Your Trucks Efficiently | |
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Subcontractors, Suppliers, and Building Officials | |
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Subcontractors | |
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Suppliers and Vendors | |
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Materials | |
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Choosing Subcontractors | |
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Dealing with Suppliers | |
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Making Your Best Deal | |
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Expediting Materials | |
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Avoiding Common Problems | |
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Building Good Relations with Building Code Officials | |
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Bidding Methods That Really Work | |
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Word-of-Mouth Referrals | |
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Customer Satisfaction | |
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Reaching Out for a New Customer Base | |
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Payment, Performance, and Bid Bonds | |
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Big Jobs-Big Risks? | |
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The Bid Process | |
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Preparing Accurate Take-Offs | |
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Pricing | |
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What Is a Profitable Markup? | |
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How Can Your Competitors Offer Such Low Prices? | |
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Pricing Services for Success and Longevity | |
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Proper Presentation | |
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Know Your Competition | |
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Effective Estimating Techniques | |
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Jobsite Safety Makes Good Sense and Cents | |
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Let's Talk About OSHA | |
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Trenching | |
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Personal Protection | |
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Developing a Good Safety Program | |
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Keeping Your Customers Happy | |
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Meeting Your Customers on Their Level | |
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Qualifying Your Customers | |
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How to Satisfy Your Customers | |
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Public Relations Skills | |
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Establishing Clear Communication Channels with Customers | |
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Creating and Promoting an Attractive Business Image | |
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Public Perception Is Half the Battle | |
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Picking a Company Name and Logo | |
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How Your Image Affects Your Clientele and Fee Schedule | |
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Your Image Is Difficult to Change | |
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Set Yourself Apart from the Crowd | |
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Build Demand for Your Services Through a Strong Image | |
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Joining Clubs and Organizations to Generate Sales Leads | |
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There Is No Business Without Sales | |
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Marketing Is Pivotal to Any Business | |
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Should You Enlist Commissioned Salespeople? | |
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Where Should You Advertise? | |
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What Rate of Return Will You Receive on Advertising Costs? | |
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Use Advertising for Multiple Purposes | |
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Building Name Recognition Through Advertising | |
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Generating Direct Sale Activity with Advertising | |
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Without Advertising the Public Will Not Know You Exist | |
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Promotional Activities | |
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How to Stay Busy in Slow Times | |
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Hiring Employees | |
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Do You Need Employees? | |
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How to Find Good Employees | |
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Employee Paperwork | |
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How to Keep Good Employees | |
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Controlling Employee Theft | |
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Exercising Quality Control Over Employees | |
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Training Employees to Do the Job | |
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Training Employees to Deal with Customers | |
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Establishing Employee Cost to Your Company | |
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Dealing with Production Downtime | |
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Reducing Employee Callbacks and Warranty Work | |
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Office Employees | |
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Field Employees | |
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Employee Motivation Tactics | |
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Planning Your Future | |
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Company-Provided Insurance for Yourself | |
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Employee Benefits | |
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Making Plans for Your Later Years | |
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Liability Insurance | |
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Worker's Compensation Insurance | |
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Retirement Plan Options | |
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In Closing | |
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Manufacturer Directory | |
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Index | |