5 Tips for Effective Business Planning. 1. Clearly define your business idea and be able to succinctly articulate it. Know your mission. 2. Examine your motives. Make sure that you have a passion for owning a business and for this particular business. 3. Be willing to commit to the hours, discipline, continuous learning and the frustrations of owning your own business. 4. Conduct a competitive analysis in your market, including products, prices, promotions, advertising, distribution, quality, service, and be aware of the outside influences that affect your business. 5. Seek help from other small businesses, vendors, professionals, government agencies, employees, trade associations and trade shows. Be alert, ask questions, and visit your local SCORE office. 5 Tips for Making the Most of Your Business Plan. 1. Take the long view and do long-term planning. Map out where you want to be five years from now and how you plan to get there. 2. Write the plan yourself. You will learn more about your business by doing so. 3. Think of your plan as a living document. Review it regularly to make sure you are on track or to adjust it to market changes. 4. Share the plan with others who can help you get where you want to go-such as lenders, key employees and advisors. 5. Understand that you might pay a price in the short run to obtain long-term business growth and health. 5 Tips for Using Colleges and Universities to Help Your Business. 1. Volunteer your company to be a business school case study. You'll learn much about your company in the process and get good ideas for the future. 2. Obtain management and technical assistance from one of more than 50 Small Business Development Centers. Check the U.S. Small Business Administration web site at www.sba.gov for locations. 3. Participate in special programs. Many colleges and universities sponsor venture capital forums, entrepreneurship centers and family business programs. 4. Work with the business school to offer internships to graduate students. 5. Find out what expertise is on a business school's staff. You may find just the right person to hire as a consultant or serve on your board. 1. Think of a budget as a useful tool-a written financial plan that helps you set goals and measure progress. 2. Start by coming up with a sales revenue target. Make it your best estimate. 3. Based on past experience, estimate your cost of goods sold (e.g., 70 percent of sales) and subtract it from the sales revenue to come up with your estimated gross margin. 4. Forecast variable expenses (items such as travel and commissions that vary according to the level of sales) and fixed expenses (items like taxes and rent that stay the same, regardless of sales). Subtract these expenses from your gross margin to arrive at your estimated net income (before federal taxes). 5. Break your annual budget into quarters and monitor your progress every three months to detect problems and make corrections. 5 Tips on Building a Sound Business Plan. 1. Write a business plan with a complete financial and marketing plan. 2. Your marketing strategy should be built around your strengths, your competitor's weaknesses and your customers' desires. 3. Test the reality of your business-know why it will work and how you will make it work. Think your business through step by step. 4. Allow at least two hours every week for thinking and planning. Do not allow anything to interfere with this time. You run the business. Don't let it run you. 5. Establish an annual operating plan. Review it and update it monthly with appropriate employees. 5 Tips on Exit Strategies. 1. Plan your exit when you start the business. Will you sell your company, pass it on to children, or take it public? 2. Take time to understand how your chosen exit affects business planning. Will family members need to be trained to replace you, for example? 3. Consider the cost of each strategy-loss of the ability to keep financial information private if you sell or go public, for example. 4. Be aware that your investors will have their own exit strategies. Be prepared to discuss their desired timetable for exiting your business, how they see it happening and their expected return on investment. 5. Plan well ahead for a satisfying life when you leave your current business. Consider starting another business, teaching, volunteering-or becoming a philanthropist. Tips on Preparing for Change. 1. Examine your corporate culture to discover any impediments to change. Some traditions and practices may need to be revamped to meet new needs. 2. Keep talking about change so that employees think in terms of change and help make it happen. 3. Make expectations clear. Key employees should know that embracing change is part of their responsibility. 4. Monitor company procedures and systems to be sure they support change. 5. Plan far ahead for the biggest change of all: your retirement or exit from the company. Develop new leadership. 5 Tips on Technology Planning. 1. Create a master plan for technology, just as you would draw up a business plan, a budget or a marketing plan. 2. Design the plan so that it supports your business strategy and goals. Use it to guide technology buying decisions. 3. Think of technology purchases as investments, not costs. And, remember, when you have an overall plan, your company avoids wasting money on unnecessary purchases or quick fixes. 4. Start by determining your company's needs. Look at what problems need to be solved and how technology can help. 5. Get expert help to guide you. Check your Yellow Pages under Computers-System Designers Consultants, or ask your local chamber of commerce. As always, get references. 5 Tips to Help You Prepare for Growth Spurts. 1. Get outside help. Growth is tricky and stressful, so smart business owners rely on outside assistance-such as consultants or SCORE volunteers-to get them through it. 2. Hire ahead of the need. If you're growing fast, add a chief operating officer and/or chief financial officer-even if only on a part-time or consulting basis. 3. Change your own role. Stop doing everything yourself. Delegate day-to-day operations to others and become the leader, the strategic thinker and the planner-in other words, the CEO. 4. Weed out customers that don't contribute sufficiently to your bottom line. Let go of those who distract you from your goal-for example, because they are outside the area in which you want to work or take too much of your time. 5. Have reserve capital to weather growth's inevitable bumps. Reserves don't have to be all cash-they can be excellent receivables or something else that can be turned into cash quickly.

Casa D'or hotel offers you a wide range of services to complement your stay. Individual A/C Split units, Self Direct Dialing International Phone lines and Satellite TV with 40 channels in more than six languages. Businessmen can benefit from: -Tranfer To/From Beirut International Airport (Costs US$ 16.50 per trip). -Free Daily newspaper. -In Room Internet services at a reasonable fee. -Wireless Internet in lobby and restaurant. -24 hours Room Service. -A Warm Conference Room with relative Audio Visual Equipment. -Car Rental and Taxi services. -Business Center with Internet Access and fax facilities. Families can benefit from: -Kitchenette in all our rooms. -Sofa bed in Junior and Business Suite to accommodate third and fourth person. -18 hours Housekeeping services. -Full set of In Room amenities and Hair Dryer.

Membership of Casa D'or Hotel has real, tangible benefits that you can start to enjoy immediately. 1.Direct access to Casa D'or Hotel Professional Website, no more waiting or submitting again your personal information upon each booking access. 2. In addition to direct support for new and existing customers, Members can claim any suggestion or misbehavior from any employee by sending a direct message from his/her private area to Casa D'or Hotel management administrator. 3. You will have the privilege of profiting from any offer or any other package offered by Casa D'or Hotel and you will be the first to know about it. 4.. Each member will benefit from very important useful information, where he/she will find this information on there private area. How to Become a Member of Casa D'or Hotel. Congratulations! We're excited for you (yes, and for us too :-) We understand that this may be a completely new start for you, and look forward to helping you create your own profitable subscription membership, web newsletter business, or write and publish your own message, opinion or suggestion. We have two options for you to use this website: Registered User: to obtain a membership below, you must first register with Casa D'or Hotel - this gives us your permission to contact you by email, send you our free email newsletter and provide you access to additional parts of the website. When you register, you become a Registered User and you're given a unique Username and Password that you can use thereafter to log in to Casa D'or Hotel web. Once you register, you can log in and choose your preferred personal interest option from the list below: 1. Arts 2. Business 3. Health 4. Sports 5. Science 6. Society 7. Politics 8. Technology 9. World 10. Random

Sign in to access the private area. Casa d'Or Hotel is located in the middle of Hamra district of Beirut making it ideal for business and leisure. Established in 1995, the hotel has committed itself to provide personalized, professional guest services that truly reflect Lebanese hospitality. Casa d'Or Hotel continues to preserve its traditions and our main focus is centered on improving facilities and services, though offering best quality at affordable rates. In brief, Casa d'Or Hotel is your home away from home.

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