Educational
What is Consulting?
What is Consulting?
Consulting is the process of assisting and motivating clients while resolving some of their largest business issues. We, here at Sky Villa Enterprise LLC work across a variety of industries and geographies to apply our tried and true methods using analytics to create new ways forward for our clients and the business they run.
Consulting is the process of assisting and motivating clients while resolving some of their largest business issues. We, here at Sky Villa Enterprise LLC work across a variety of industries and geographies to apply our tried and true methods using analytics to create new ways forward for our clients and the business they run.
Consulting 101: consulting principles for small business owners
Consulting 101: consulting principles for small business owners
The Phases of consulting are:
The Phases of consulting are:
Contracting - the initial interaction between the consultant and client. The consultant identifies the situation or problem which with the client needs help. Listening is an important skill.
Contracting - the initial interaction between the consultant and client. The consultant identifies the situation or problem which with the client needs help. Listening is an important skill.
Clarifying Objective - the consultant helps the client identify desired specific outcomes. These may include aspects such as increased productivity, increased profits, enhanced public image, or changes in working relationships between supervisors and their employees
Clarifying Objective - the consultant helps the client identify desired specific outcomes. These may include aspects such as increased productivity, increased profits, enhanced public image, or changes in working relationships between supervisors and their employees
Data Collection - consultants collect data on the superior issues the client presents. Various methods can be used to obtain data, such as interviews, analysis, and awareness of existing documents or records.
Data Collection - consultants collect data on the superior issues the client presents. Various methods can be used to obtain data, such as interviews, analysis, and awareness of existing documents or records.
Providing Feedback - consultants provide feedback to the client during this phase. Using the information obtained from their data collection phase, consultants should present their findings to the client, give recommendations and provide the client with time to respond.
Providing Feedback - consultants provide feedback to the client during this phase. Using the information obtained from their data collection phase, consultants should present their findings to the client, give recommendations and provide the client with time to respond.
Implementation - consultants can help implement changes recommended in the feedback phase. The consultant may need to revisit the previous phases if problems arise, or if the client discovers new needs. Once complete, if client is satisfied with the changes, the consulting process can be terminated and reap the benefits of having been consulted by Sky Villa Enterprise LLC.
Implementation - consultants can help implement changes recommended in the feedback phase. The consultant may need to revisit the previous phases if problems arise, or if the client discovers new needs. Once complete, if client is satisfied with the changes, the consulting process can be terminated and reap the benefits of having been consulted by Sky Villa Enterprise LLC.
What is Marketing?
What is Marketing?
Marketing is the creation of awareness in regard to your products and services. Communication of the features and benefits, all while establishing relationships and getting people to buy from you. Sky Villa Enterprise LLC can achieve this in many different ways, depending on who your customers are, your business niche, what you sell, and if you want to market locally, online, or both.
Marketing is the creation of awareness in regard to your products and services. Communication of the features and benefits, all while establishing relationships and getting people to buy from you. Sky Villa Enterprise LLC can achieve this in many different ways, depending on who your customers are, your business niche, what you sell, and if you want to market locally, online, or both.
Marketing 101: marketing fundamentals for small business owners
Marketing 101: marketing fundamentals for small business owners
The five components of marketing, are:
The five components of marketing, are:
Product – the products and / or services offered.
Product – the products and / or services offered.
Price – the pricing approach for products and / or services and how customers respond to it.
Price – the pricing approach for products and / or services and how customers respond to it.
Promotion – the scenarios that raise awareness about the business to more consumers.
Promotion – the scenarios that raise awareness about the business to more consumers.
Place – the distribution pipelines to get a business’ product and / or service to its key customers.
Place – the distribution pipelines to get a business’ product and / or service to its key customers.
People - the variables that leaders govern to satisfy customers in their target market. Staff also add value.
People - the variables that leaders govern to satisfy customers in their target market. Staff also add value.
What is Credit?
What is Credit?
Credit is a huge part of your financial power as it helps you to get the things you need now, that you would otherwise have to pay right away, based on your promise to pay later. Working to improve your credit helps ensure you'll qualify for loans when you need them. The two most common types and widely used are installment loans and revolving credit.
Credit is a huge part of your financial power as it helps you to get the things you need now, that you would otherwise have to pay right away, based on your promise to pay later. Working to improve your credit helps ensure you'll qualify for loans when you need them. The two most common types and widely used are installment loans and revolving credit.
Installment loans
Installment loans
Loans that allow you to borrow money and pay it back in equal monthly payments usually with a fixed interest rate. These are a helpful personal finance tool if you’re looking to pay off sizable debts in smaller, manageable chunks.
Loans that allow you to borrow money and pay it back in equal monthly payments usually with a fixed interest rate. These are a helpful personal finance tool if you’re looking to pay off sizable debts in smaller, manageable chunks.
Revolving Credit
Revolving Credit
Revolving credit is a credit account that lets you repeatedly borrow money up to a set limit and pay it back over time. It can give you a financial usability for emergencies and help you manage your money.
Revolving credit is a credit account that lets you repeatedly borrow money up to a set limit and pay it back over time. It can give you a financial usability for emergencies and help you manage your money.
Credit Do's
Credit Do's
Making your payments on time is the single biggest factor in your credit score, so be sure to meet your payment due dates. See if it's possible to set up autopay so you never miss a payment.
Making your payments on time is the single biggest factor in your credit score, so be sure to meet your payment due dates. See if it's possible to set up autopay so you never miss a payment.
Diversify your credit mix as having a mix of different types of credit is a positive factor in your credit score. Showing that you can manage various kinds of credit can help build a strong credit history.
Diversify your credit mix as having a mix of different types of credit is a positive factor in your credit score. Showing that you can manage various kinds of credit can help build a strong credit history.
Credit Don'ts
Credit Don'ts
Avoid causing hard inquiries when possible. When you apply for revolving credit, the lender requests your credit file from the credit bureaus, resulting in a hard inquiry on your credit report. Hard inquiries cause a dip in your credit score, although usually only for a short term. The inquiry then remains on your credit report for two years.
Avoid causing hard inquiries when possible. When you apply for revolving credit, the lender requests your credit file from the credit bureaus, resulting in a hard inquiry on your credit report. Hard inquiries cause a dip in your credit score, although usually only for a short term. The inquiry then remains on your credit report for two years.
Closing a credit card that isn't being used anymore might sound like a great idea, but since it reduces the amount of credit you have available to you, it may also push your credit utilization ratio over 30%. Even if the card has a zero balance, keeping the account open can help your credit score.
Closing a credit card that isn't being used anymore might sound like a great idea, but since it reduces the amount of credit you have available to you, it may also push your credit utilization ratio over 30%. Even if the card has a zero balance, keeping the account open can help your credit score.