The question of whether to outsource or produce in-house?

When considering whether to outsource follow these simple steps in making your decision:

1. determine the production costs (or service costs)your company can avoid if it outsources the service or goods production

2. compare the avoidable (relevant) production costs with the costs of buying the product or service costs and select the lower cost option.

Remember, cost reductions achieved through outsourcing are little benefit if they are acquired at the expense of low morale and reduced productivity.

Colorado Caucus Tonight

In case your wondering, tonight is the Caucus night in Colorado.
The caucus is the closest thing to *the people* having any say in politics.

All registered Republicans are invited to the

REPUBLICAN CAUCUS

Tuesday, March 16th
7:00 pm (sign in begins at 6:30 pm)

Precincts WEST of Colorado Blvd:
Central Christian Church
3690 Cherry Creek Blvd South

Precincts EAST of Colorado Blvd:
Windsor Gardens -- main center meeting room
595 S Clinton St.

Democracy in Action

What happens at the Precinct Caucus?

* Straw poll for Governor and Senate Candidates
* Election of Precinct Leaders
* Election of delegates to the Denver County Assembly and
House, Senate & Judicial Assemblies for purpose of selecting candidates

Participate --- Make Your Voice Heard
Contested Races
Candidates for US Senate
Steve Barton
Ken Buck
Gary Kennedy
Vincent Martinez
Jane Norton ***
Cleve Tidwell
Tom Wiens

Candidates for Governor
Dan Maes
Scott McInnis ***

Candidates for Treasurer
J.J. Ament
Ali Hassan ***
Walker Stapleton

Practical tips to Planning your Business

Planning is the most important part to operating a profitable business. The budgeting process consists of putting together a financial plan. The plan addresses short-, middle-, and long-term time frames.

For example, long-term deals with questions such as

1. Do I want to be a solo practioner or larger law firm practioner?
2. How do I expect to benefit from this experience?
3. Do I want to specialize or be a generalist?
4. In what area of law do I want to concentrate my practice on?

May lawyers decide to go at it alone before answering any of these questions. They discover all too often the disadvantage of poor planning the hard way. While your colleagues are learning to be lawyers as associates in a law firm, big or small, you are having to learn how to own your own business, and practice law all on your own.

First, you need to decide the scope of your business, determine which services to provide, and identify the most profitable market niche.

Second, you need to decide where to locate your office, whether to lease or work from home.

Third, you need to develop a master budget. This describes short-term objectives in specific amounts of service target, service goals, and financial plans. This covers one year.

Before you can create your master budget, you will need to prepare the sales forecast.

Sticks and Stones...

Some people are toxic. There is a reason why people criticize others. These people may be deeply unhappy, have a low self-esteem, and perhaps even depressed. The world often seems bleak and like everyone is their enemy.

When people insult you, this is a reflection of how they feel inside. So, when people shoot with a potshot, I just see it for what it's worth. That they are insecure or jealous. I feel sorry for these people, and if I can't help them, I try to distance myself from them.

So if you don't like the "ideas" I share in this blog, and you feel you have a better idea, well, then, get a moving and put it to action. Provide your own suggestions.

Either way, people who insult others have baggage in their life. These people are unhappy, depressed or insecure and it is best to ignore them rather than fuel their misery by fighting back.