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The Advisor - Sound Ideas for Business.

The Advisor--Sound Ideas for Business

Planning Focus, Inc. 20401 107th Street Redmond, Washington 98053 (800) 950-5677 Audio tape subscription: $280 per year (MBA members), $295 (non-members)

Finding advice on how to manage your business isn't hard; it's good advice that we often find lacking. For mortgage bankers, the search for good advice can be particularly tough. That's why the appropriately named Advisor--Sound Ideas for Business audio tape series from Planning Focus, Inc. is so appealing. It is an easy way for entrepreneurial or executive-level mortgage bankers to find the advice they need to effectively manage their operations.

The tape series, produced and published by three Seattle attorneys specializing in business planning, focuses on the problems and concerns of business executives. The tapes are recorded in a conversational style and are mailed monthly along with a booklet summarizing the information on the tape. Each tape runs about 30 to 45 minutes, or approximately the length of an average commute to work. Three or four topics are covered on each tape, and the tapes are numbered as part of a consecutive series.

Program number 34, for example, covers some prickly and important issues: divorce, employee drug testing and business life insurance. In "Protecting Your Business from Your Partner's Potential Divorce," the authors tell us that, "Usually, there is little to really help the couple that is experiencing divorce. But there are steps that can be taken to protect the business and other owners from the effects of a messy divorce. The key is to implement these precautions in calm waters--before a fight breaks out." The authors outline six steps to do just that.

In "Testing Your Employees for Drug Abuse," the authors explain some of the concerns companies have about drug use as it affects productivity and efficiency, employee safety and morale. Further, they give listeners tips on what to expect from drug-testing laboratories and whether to consider paying for employee rehabilitation. In the business life-insurance segment, listeners learn the importance of keeping objectives straight and hear tips for getting the best policies.

The Advisor series explores human-resource issues such as how to get the best employee-benefits package; how to design an effective sick-leave policy; how to keep hiring and firing policies from backfiring; and how and why to formulate a policy on acquired immune deficiency syndrome (AIDS). Management issues are also discussed, including how to maximize profits at the least possible cost; what to do after an employee exceeds his or her authority; and what to expect when the IRS auditor calls.

For mortgage bankers dealing in a competitive, time-crunched business environment, the half hour spent each month listening to The Advisor's solutions to management problems will provide a refreshing shot of common sense. To subscribe to The Advisor-Sound Ideas for Business, call Planning Focus, Inc., at 1-800-950-5677 and identify yourself as an MBA member to receive a discount.

Reviewer Susan Bray is a director within the education department for the Mortgage Bankers Association of America (MBA) in Washington, D.C.
COPYRIGHT 1991 Mortgage Bankers Association of America
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
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Author:Bray, Susan
Publication:Mortgage Banking
Article Type:Video Recording Review
Date:Sep 1, 1991
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