65 billion global transportation, business services, and logistics company. Smith is responsible for providing strategic path for those FedEx Corp. FedEx Services, FedEx Express, FedEx Ground, and FedEx Freight. Since founding FedEx in 1971, he has been an active proponent of regulatory reform, free trade, and “open skies agreements” for aviation around the world.
Most lately, he has advocated for vehicle energy-efficiency standards and a nationwide energy policy. Smith is co-chairman of the power Security Leadership Council, a trustee for america Council for International Business, and an associate of the Business Roundtable. He served as chairman of the U.S.-China Business Council and is co-chairman of the French-American Business Council. He has also offered on the planks of several large public companies and on the St. Jude Children’s Research Hospital and Mayo Foundation boards. He was formerly chairman of the board of governors for the International Air Transport Association and the U.S.
Smith has received numerous civic, educational, and business honours, like the Global Leadership Award from the U.S.-India Business Council, the George C. Marshall Foundation Award, and the Circle of Honor Award from the Congressional Medal of Honor Foundation. In addition, he could be a known member of the Aviation Hall of Popularity, served as co-chairman of both the U.S. World War II Memorial Project and the marketing campaign for the National Museum of the Marine Corps, and was named a high CEO by Barron’s and Chief Executive journals. Born in 1944 in Marks, Mississippi, Smith earned a bachelor’s degree from Yale University in 1966. He served as an officer in the U.S.
- Monk Straps
- Do you have ready market for your business
- Greater access to a more substantial pool of professional resources at a more fair cost
- Deadlines (firm/drop-dead or versatile/nice-to-have?)
- 9 a few months from the time of death
- Market types and needs
- Bureau of Labor Statistics. Occupational Outlook handbook 2010-11. Retrieved March 20, 2011
And hiring short-term employees can become more costly than small businesses’ needs demand. As the number of small businesses is growing, so will your potential market. And the set of services they use is limited only from your imagination and personal preferences. As you develop interactions with small businesses, you’ll be able to make recommendations that will boost the volume–or even increase the scope–of the work you do on their behalf.
Typically, small businesses use business support services firms for word processing, faxing, photocopying, shipping, desktop publishing, mailing list management, dictation and transcription. Large Corporations. Even fairly large functions with full-time secretaries and administrative assistants may be candidates for your services. If a ongoing company has a short-term situation where they have more work than they can handle in-house, they could switch for you to get the overload. Or, like the small businesses mentioned earlier, they may prefer to outsource special projects than hiring temporary employees rather. This is a smart move, because hiring temporary employees means training them and providing them with an adequately equipped workstation. Sending the ongoing work for you eliminates that hassle and cost.
Large companies also use business support services when their own workers are unavailable credited to vacations or illness. They might not actually need a “temp,” that is, someone to come in and become present in any office, but they might need someone who are designed for all or part of the work of the absent staffer. It’s a good idea to select a number of key market groups to target.
There are lots of very valid known reasons for choosing a well-defined market niche. By targeting a very specific market segment, you can tailor your service menu, marketing efforts and customer service system to meet that segment’s needs. You can refine your marketing efforts and gain a reputation within the industry for knowledge in certain areas–which means you may charge more.
Think about it: In the medical field, who earns more–a family specialist or a neurosurgeon? The neurosurgeon, naturally, because he’s a specialist, and what he will requires better skill. Other business support services. Let existing business owners know you’re designed for overflow or to work on a contract basis. Expect to have to signal confidentiality and noncompete contracts, but be sure any such contract limits one to only being prevented from marketing directly to the service’s clients whose work you actually do. You may have to discount your rates to allow them to make a profit, but your marketing and sales costs will be minimal, which offsets the discount; however, be certain you are compensated for rush jobs.