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Bits & Briefs

Business Today's 6th Annual Champagne Reception Oct. 6 for Women in Business

A power networking session and champagne reception will be held Oct. 6 at The Peninsula Club in Cornelius in honor of Business Today’s 2010 Top Women Business Leaders. The sixth annual event recognizes the contribution of women in business in the Golden Crescent. Former winners include Realtors Abigail Jennings, of Lake Norman Realty, and Diane Honeycutt, of Team Honeycutt in Concord; Pat Horton, president of Cabarrus Bank & Trust; Robin Smith of Lake Norman Chrysler Jeep Dodge; Dakeita Vanderburg Johnson, CEO of Southgate Masonry & Lumber in Concord; and Ginger Griffin of Ginger Griffin Marketing and Design in Cornelius. Business Today columnist and UNCC instructor Cheryl Kane will conduct the power networking sessions, after which the 2010 winners will receive their awards, complete with champagne toasts. The event, which starts at 6 p.m., is $12.50 to attend, Visa and MasterCard accepted at time of reservation. More info: Phone BusinessToday at 704-895-1335 or email nebiztoday@gmail.com for more information. Registration opens at 5:30 p.m.


Heart Group merges with Sanger Institute

Heart Group of the Carolinas, with offices in Concord and Albemarle, has merged with Sanger Heart and Vascular Institute. The practice will now begin operating under the Sanger name.


Denver Business Association luncheon set for Sept. 16

More than 100 Denver area business owners will meet at Verdict Ridge Golf Club Sept. 16  from 11:30 a.m. to 1 p.m. for the annual Denver Area Business Association networking luncheon.  Non-members are invited to attend the event which will honor long-time Denver business leader Joe Turbyfill and his wife Jean. Michael Thompson, director of corporate communications for the Charlotte Bobcats, will discuss overcoming adversity in the business world. The cost is $17 for pre-registration at www.dabanc.org or $20 at the door. More info: Denis Bilodeau, dbilodeau@aquestainsurance.com


NC DOT official addressing LKN business leaders Friday

Jim Trogdon, the chief operating officer for NC DOT, will be the featured speaker at a Lake Norman Chamber of Commerce luncheon Friday at NorthStone Country Club.  Trogdon will discuss local road improvements including HOT lanes, commuter rail and the diverging diamond interchange planned at Exit 28 on I-77 in Cornelius. Tickets are $16 for members and $20 for non-members. More info: 704-892-1922.


RCCC receives $2.6 million in grants

During its 2009-2010 fiscal year, Rowan-Cabarrus Community College was awarded $2.654 million in grant funding from public and private organizations. From July 1, 2009 to June 30, 2010, the 21 grant awards produced a single-year grant-funding record for the college. Funded projects include scholarships for students with financial need, a major updating of RCCC’s IT infrastructure, the JobsNOW certificate programs, initiatives to develop new curriculum, and programs to help students quit smoking and assist local citizens adversely impacted by changes in the tobacco industry.The funding agencies include the U.S. Department of Health and Human Services, the Margaret C. Woodson Foundation, the Blanche and Julian Robertson Family Foundation, the North Carolina Health and Wellness Trust Fund, the North Carolina Tobacco Trust Fund, the North Carolina Community College System, the Proctor Foundation, and the N.C. BioNetwork.


Small Business Toolbox

How to evaluate an event planner

LAWRENCE

What does a professional planner really do to help clients?

Let’s say you want to hold a customer appreciation event but you want it to be more than just a party. Your company’s reputation is on the line. You have to make a decision whether to leave this important function to a professional or to unskilled hands? In this case, a planner can be a valuable asset

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Savvy Business Owner —

August edition

DeMAO

In the last of this three part series, Sherre explains how reviewing your current involvements can help you achieve your goals through putting you in direct contact with your ideal target market, in direct contact with those who could refer you to your ideal target market, or to help you gain needed support or resources for growing your business.

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Boost Your Sales:

Effective questioning combats centuries-old selling problem

Since the dawn of mankind we have been buying and selling “stuff”, and over the centuries a predictable pattern has developed between buyers and sellers. The buyer-seller dynamic can spell “commission catastrophe” for the sales professional who lacks the artful skill of effective questioning.

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Sellers Market

Improved selling in focus, control and order

A passion for sales drives many a successful professional afresh, every day.  Passion, processes, and persistence are the backbone of every sales professional. And if you ask, you may find many have a favorite mantra or quote that they repeat fervently to help them stay focused and indomitably productive. What are yours?  Send them to me (and tell me why they help you) and I’ll try to compile them to share with others through this column.

Here are some of mine. I hope they hold value for you.

Urgent, important, or both? Spend your precious time wisely. My first copy of Stephen Covey’s “The Seven Habits of Highly Effective People” is dated 1990; it’s well worn. I learned many keys to success from this book but none more than: Know how to decide how you use your time by identifying the difference between ‘urgent’ and ‘important.’  This has kept me working on my goals rather than keeping them on a shelf (goals are important and not to be ignored even if they are not urgent), while managing the tactical steps of everyday business. Dr. Covey taught me how not to react to every tug at my sleeve as though those tugs were equally important and or urgent (some issues are urgent, others can wait until a later date, some don’t need to be done at all-at least by you), and how to guard the time set aside to work on important goals, rather than putting them off until an indefinite ‘tomorrow.’ Today the economy may be wrecking havoc with your business; remind yourself to sift every request for your time and attention with this question: “Is it important, urgent, or both, or neither?” Then prioritize it accordingly.  If you only put out fires all day as they surface, you will miss planning for the future by making new customer calls or learning about the newest products you have to offer your customers. Make sure you are working on both strategy and tactical efforts in a prioritized manner.

“Hard-headed rationality.” “Quality Control.” Peter Drucker, in, “In Search of Excellence” taught me that, “Professionalism in management is hard-headed rationality.” And, “…self-generated quality control is so much more effective than inspector-generated quality control.”  The first quote reminds me the truth is the truth but emotions can taint our view. To avoid getting sidelined by unproductive personal emotion I ‘take the person out of the process’ by mentally removing personality issues from a sales call that I may find less than desirable. Then I can clearly see the issues, and the solutions I need (put the subject personality back in as you devise the communication style you’ll need to convey the message). The second quote from his book presses on me the critical relevance of proofing my own work very well, and never, ever accepting ‘close enough is good enough.” Excellence in one’s sales processes and work product demonstrates an incomparable standard of excellence in what you do; and this reputation when applied to sales creates a brand image that customers will depend on and be drawn to.

“You can’t close a sale you don’t ask for.” Whoever said this decades ago was a genius in simplistic wisdom.  It is natural for many a new sales professional to forget to ask for the sale. But it also happens to many a seasoned veteran when I conduct sales training. Remind yourself to directly ask for the sale.

“One system and only one, if you have more, you really have none.” © Cheryl Kane. So many things we do in daily sales processes and administration are done hundreds of times each month.  In my training sessions I realized many people forget the standing date a report is due, forget to follow up with customers in a timely cycle time standard, forget to back up their electronic data, fail to document the sales call until important elements of it are forgotten and lost for future recall. Why? Because they treated each time they had to do something as though it were a new process.  With a little diligence you can create a finite set of steps and a few rules by which you will carry out repetitious processes; train yourself to stick to the processes you committed to. You will find your efficiency will dramatically improve. For instance: how many of you waste time looking for your keys, every day? Are you late with your expense report repeatedly? Being on time saves you time.

Finding motivation and guidance from others is not a new idea. But applying the meaning of their words to your daily processes may be new to you. Look at your favorite quotes again; use them to clarify processes and bring peace of mind to yourself and order to your sales processes. You will be more effective in your sales goals.

Cheryl Kane, MBA, is a business consultant, trainer, and speaker.  If you have a question you would like to see answered in this column or would like a printer friendly copy of this article, email Cheryl through her web site, www.cherylkane.net

Opinion

Our regional recovery

RUSSELL

By Bill Russell
Wouldn’t it be nice to pick up a paper and read only pleasant headlines for a change?  The news in Washington this week is that we have retired the national debt, unemployment in North Carolina has sunk to it’s lowest levels since 2006, and a group hug broke out in the streets of Baghdad.

Unfortunately that’s not the headlines we read.  According to the Congressional Budget Office (CBO), the annual difference between what our federal government collects in tax revenue and what it spends will be $1.3 trillion this fiscal year alone. Combat troops are leaving Iraq, however, we are still a stretch from a tension free region.   Closer to home, North Carolina’s unemployment rate dipped to 9.6 percent in July and has declined for five consecutive months but still remains higher than the national average of 9.5 percent.

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North Line: Does it make any sense, really?

GILROY

Many of us were chilled to the bone a few weeks ago at what Charlotte City Councilman David Howard said at a Lake Norman Transportation Commission meeting. Howard, a Democrat who has focused on inner city affordable housing issues through his position as vice president of the Charlotte-Mecklenburg Housing Partnership since 1997, was quoted several times:

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Hot Properties

High-end home sales run the gamut

in LKN; growing supply in Cabarrus

It’s a mixed bag in the luxury market. Some homes are closing at steep discounts, while some pristine homes in superb locations are closing near their asking prices.

Prices per square foot edged upward about 1 percent in Lake Norman during the second quarter vs. 2009 levels, but realized values are still off 20 percent to 25 percent compared to 2007 levels, according to Reed Jackson of Ivester Jackson Distinctive Properties in Cornelius.

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On the Record

Homes sales —

August 2010 edition

These home sales and property transactions in the Golden Crescent were recorded by the Register of Deeds in Mecklenburg, Cabarrus and Iredell.

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New corporations —

August 2010 edition

These new businesses in the Golden Crescent have registered with the N.C. Secretary of State.

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