E-Folder - Business

Assign Tasks to Kids

Do not underestimate the potential of your kids. Kids can handle some task that you do not have time to do: filing, recording mess

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

ages, paper shredding documents, etc. My 15 year old daughter is responsible for inputting information from business cards that I collect from meetings, into m

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

contact management system, proof reading documents, filing, typing and other small administrative task. She loves it and it gives her great employability skil

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

s and inclusion in my business. It is a great way for kids to receive an allowance and special privileges. It allows me to concentrate on other task without h

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

aving to hire someone.

Trade or Barter Services

If you are in need for a service that requires the expertise of another professional, trade services wi

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

h the another business owner to avoid any cost. I currently barter by utilizing the expertise of a marketing coach and she utilizes my time management expertis

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

. I’ve heard of a hair stylist and message therapist bartering each other’s services. It also creates another satisfied customer which will provide referrals

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

for your business. This is a win- win situation.

Get Family & Friends Involved

Your family and friends have an abundance of talents that you can take

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

dvantage of for a project or task. You can ask for help from a family member or friend and return a favor or take them out for coffee or lunch in return for th

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

ir solicited help. Notate their special talents for future reference and include it on a spread sheet for when you may need that particular help. You may need

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

babysitting services for an evening speaking engagement or maybe your aunt is an English teacher who can edit your articles or your cousin has an excellent voic

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

e that can be used for your voice mail recordings. Utilize the talents of all!

List Projects on Elance.com

You can list a project on www.Elance.com.

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

t allows your project to be posted for free and you then receive professional bids on completing the project. You the liberty to decide on the most affordable

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

id that fits your budget and review the bio and expertise of the person or company completing the project.

Contract Projects to A Virtual Assistant

You

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

do not have to hire a virtual assistant to handle all administrative tasks. You can hire a virtual assistant per project, once the project is complicated, the

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

contract is over. The virtual assistant can be hired per project which eliminates hiring a fulltime employee, paying health insurance, and it requires no long

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

erm commitments.

Hire College Students

Call your nearby university, community college or training program for available internships from students prepa

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

ring to enter the workforce and who are in need of work experience to include on their resume and will also require a letter of reference from you for future em

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

loyment.

Don’t feel that you are not alone when there is no room in your budget for additional employees or delegation. Use the above resources and proceed wi

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

h your projects. Remember you went into business to work on your expertise; don’t allow other tasks to take you away from that path!

© 2007 Bridgette Boudreau

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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So what an earth is a Mind Map? Well this is a superb example of how valuable the art of Mind mapping actually is; words cannot adequately express the essence of a Mind Map.

Since profit is what you are left with after you have paid your business costs, it stands to reason that one of the ways you can increase your profit is by reducing your overheads. In this article we will share some key strategies to help you reduce your overheads and grow your business.

Predictions of a paperless office began over 10 years ago, statistics show that 90% of the world's information is still on paper. Can that change?

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