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Make Your Hobbies Pay for Your Home Business

Anything you love to do for fun could also become a great at-home gig.

working from home start a blog

1. Blogging. It takes some time to grow an audience and find ways to monetize your blog, but if you love to share your point of view with the world, this can be a good way to work from home. Niche blogs are a particular area of growth in this ever-growing profession. Pay can vary widely, but the income potential is nearly limitless.

2. E-book author. Publishing is dead; long live the e-reader! Now that anyone can have their work e-published, it is possible for anyone to make a fortune off their writing. The biggest recent example is the 50 Shades of Grey trilogy, but there are many authors taking advantage of the ease of e-publishing. If you love to write and are willing to do your own promotion (and having a blog can really help in that case), writing an e-book is an excellent way to make money at home.

3. Building furniture. Everyone loves a well-built and handmade piece of furniture. If you’re already spending time in your workshop, why not sell your wares? Etsy is an excellent place to start selling without having to have a physical storefront.

4. Sewing. Whether you’re making onesies and quilts for sale online or at local markets or doing repairs and alterations for locals with ill-fitting clothes, your sewing machine could be your ticket to a work-from-home business.

5. Personal Organizer. If you’re someone who reorganizes closets for fun, offer up your services to harried and disorganized individuals and businesses.

6. Home Staging. If rearranging furniture is your idea of fun, home staging is a great home-based business. You will help sellers get their homes looking beautiful so they sell as quickly as possible.

7. Herb Farming. Gardening can be very relaxing, and potentially very lucrative. With both the increased interest in alternative therapies and the demand for locally grown and organic foods, an herb farmer can find plenty of customers, particularly if you’re in an urban area. While this does require some space for growing, herbs are fairly small and nearly any home can be slightly modified to allow for an extensive herb garden.

 

8. Electronic Repairs. If you’re the sort who takes apart the computer for fun, operating an electronics repair shop out of your home is a natural decision. In particular, repairing iPads and other tablets would provide you with a great deal of business, as many tablet users are looking for a less expensive way to fix smashed screens and other damages that can be costly through the manufacturer. Median salary: $49,170.

9. Baking. Beautifully decorated cakes and cookies, artisan bread, and artful pastries have become all the rage, partially thanks to shows like Ace of Cakes.

10. Personal Chef. As a personal chef, you would spend your time whipping up delicious meals for those who don’t have time to cook but do have money to burn. The best way to make a name for yourself as a personal chef is to offer meals that fit stringent dietary or allergy requirements.

work from home as a personal chef

11. Mystery Shopping. For many people, the idea of getting paid to shop is a dream come true. There are many mystery shopping scams to beware of, however. Never accept a gig that requires an upfront fee—that’s a good sign it’s not legit.

12. Bargain Hunting. If you love a bargain and know how to make coupons, specials, and unadvertised deals your penny-pinching bitch, then you could help others learn how to save money—and turn a profit.

13. Personal Stylist. You have an eye for clothes and know what styles look best on what body types. So turn your passion for fashion into a business by becoming a personal stylist/shopper. You’ll feel good about making others look great.

14. Catering. If you love to cook on a grand scale, why not start a catering business out of your home? How much you make depends on the scale of the assignments you take, and your ability to correctly decide how much your materials will cost. But this is also an industry where you can start small and work you way up to bigger gigs—and profits.

15. App Designer. Creating a profitable app for smart phones isn’t necessarily about having the best or most innovative idea: it’s about creating the best user experience for that idea. That’s how app designers are able to make their work-from-home a full time job—and then just live off the passive income.

16. Furniture Refinishing and Repair. You might have made a hobby of refinishing and repairing garage sale finds. Now, make your skills profitable by offering to make old furniture as good as new. After all, retro is definitely in.

17. Landscape Design. If you’re never happier than when you are landscaping your yard, landscape design might be the home-based business for you. This is a relatively new field, so you can get some background knowledge through a degree, although schools that offer these degrees are somewhat rare, or you can intern with another landscape designer.

18. Tour Guide. You may love exploring all the fun corners of your hometown, but it might not occur to you to make that hobby a business. This is an especially good idea if you can offer themed tours or other niche tours.

How to Get Small Business Liability Insurance

Liabilities for small businesses can be widely varied. For instance, your product may injure a client, your business may operate in what is seen as an irresponsible fashion, or any of a number of other fault situations may develop. To protect your assets in such cases, you need liability insurance, which can be used to pay fines associated with liability cases. The cost of insurance can be rather steep, so you may need to shop around to find the best rates for liability coverage.

Instructions

  1. Determine the level of liability coverage your small business needs by considering such factors as how often liability cases are brought against other companies in your industry and what the typical payouts are in such cases. Some types of businesses need significantly more liability insurance than others.
  2. Decide which of the three types of liability insurance you need to get for your company: general, professional or product. Professional liability insurance covers malpractice issues, negligence, errors and omissions while product liability insurance covers any instance of your product harming a customer. General liability insurance covers property damage and injury claims.
  3. Purchase liability insurance through a professional or trade association. Group rates for liability insurance can be much lower than if you get it alone. However, if you do work with a group, be careful that no member of the group is likely to have liability issues.
  4. Ask your insurance agent or broker whether your insurer offers an insurance package for small business owners. Many agents and brokers do, and liability insurance is typically part of such packages. Many insurers also offer specialized liability insurance for certain types of businesses.
  5. Check what is included in an insurance company’s policy before you choose specific liability insurance. Many do not offer coverage for legal fees in liability cases, which can be a costly part of the process. You may have to request additional coverage or pick a different policy to ensure that you are fully covered.

How to Start a Home-Based Facial Business

Unlike many business ventures, a home-based facial business has relatively low start-up costs and can be set up fairly quickly. In order to run a successful facial business, though, you need to ensure your state license is in order and obtain all necessary health, safety and business permits required to run the business out of your home.

Get Licensed

Most states require that individuals have an active state cosmetology or esthetician license to perform skin care services like facials, so make sure yours are up to date.

Exact skincare licensing requirements vary but, in general, licenses require a few hundred course hours and may need to be renewed periodically. Visit your state Department of Consumer Affairs website for more information.

Make Your Space Customer-Centric

To make your facial business successful, you need to provide your clients a relaxing, professional and soothing environment. Evaluate the space in your home and optimize it so it meets those standards. BeautyBiz notes that some questions to ask yourself are:

  • Can you designate an entrance for your treatment room that’s distinct from your home entrance?
  • Is there a separate bathroom your clients can use?
  • Do you have a separate room you can use for the facials?
  • Do you have a waiting area for clients to relax in before the treatment begins?

Get Business Permits and Licenses

There are a handful of licenses and permits involved in operating a facial business out of your home. The U.S. Small Business Administration notes that most business owners need to obtain a general business permit from their city or county, and many localities require a special Home Occupation Permit for home-based businesses.

Warning

  • The Small Business Administration notes that your city or county may require that your home pass a health and safety inspection before you start seeing clients. Contact your city’s business tax and licenses division for more information.

Protect against Liability

If you accidentally hurt a client or a customer injures themselves on your property, you could face a lawsuit. Hiscox recommends that estheticians purchase both professional liability insurance and general liability insurance to protect themselves financially.

Stock up with the Right Supplies

Buy the equipment you need and stock up on supplies. At a very minimum, you’ll need chairs, couches, tables and towels to operate your facial business. You also may want to invest in a hot towel cabinet, gowns, a facial system and storage and carts.

You’ll need supplies, like gloves, applicators, mixing dishes, jars, measuring cups, facial brushes, facial masks and eye masks to do your work. Talk to wholesalers to get the best prices on supplies.

Get the Word Out

Start marketing before your salon opens for business. Join a local chamber of commerce or beauty business association to connect with other local business owners in the area. Make flyers promoting your new salon and drop them off at businesses in the vicinity.

Create a Facebook page, a Twitter page, and an Instagram account. Start connecting with individuals and businesses through your social media outlets. You also may want to call local newspapers and media outlets and let them know that your business is about to open.

Tips on Starting a Cheap Profitable Small Business

Starting your own business is an exciting step, but sometimes the hardest part is figuring out just what to do to get started. Think about what you like, what people need, and what you could do without having to go out and buy anything. If you don’t have a lot of money to invest, work from home to reduce your business expenses. The Small Business Administration has tips on how to make the most of working from your home.

Online Sales

  • Selling things online can be very profitable and it costs very little to start. If you have an expertise in a certain area, such as antiques, motorcycles, or toys, set up an online store. While it is harder to sell large items, such as furniture or motorcycles, it is not difficult to sell small antiques or motorcycle parts and accessories. Build a web site using one of the inexpensive site builders or sell your items on an auction site such as eBay.

    If you decide to sell on eBay, open an inexpensive eBay store as well. Keep a steady flow of products by going to yard sales, flea markets, and auctions. Second-hand stores and storage locker sales are also good sources of items to sell online.Many small businesses are completely online.

Cleanup

  • A cleanup business is very inexpensive to start, and can be very profitable, with little overhead. People are willing to pay premium prices for cleanup services because it’s something they don’t want to do. You can do heavy cleaning, such as a clean-out service for abandoned or foreclosed homes. You need to either be able to rent a dumpster and have it delivered to the site or you will need a pickup truck. Then it is simply a matter of hauling everything out of the dwelling and getting rid of it.

    If you don’t want to do so much heavy work, housecleaning is another option. Depending on where you live and how much work you want, you should have no trouble earning $75 per day or more. This job is very inexpensive to start, as you can use the homeowner’s cleaning supplies and vacuum.Housecleaning is inexpensive and profitable.

Service

  • Startup costs are also minimal for many service businesses. Make a list of services you think people in your area could use. Shopping, babysitting, gardening, dog walking, car washing, handyman, etc. Be creative. Ask yourself what services you have ever wished for, and add those to the list. Pick a few of the services from the list that seem to go together, and make those the foundation of your business. Walk the dog and clean the yard, for example. Chances are that if you have listed things that people need done, someone will pay you to do them. There is almost no investment required to start any of these service jobs as a small business. It just takes getting started.Walking dogs for busy people is one kind of service job.

Solutions Engineer Job Description

Companies can coordinate and generate ideas more quickly when they have fast networks. Companies can also reach customers more often when they have networks that allow them to efficiently communicate with customers. Many companies do not know how to solve their network problems and solutions engineers are often hired to devise solutions to network problems.

Function

  • Solutions engineers are network engineers who provide solutions to a variety of problems that occur with software or hardware. When customers have a task that they want to accomplish and their network technology is not sufficient, the solutions engineer comes up with solutions that are sold to the customer. These engineers work as a part of a team, designing and implementing the solutions for customers. Solutions engineers are also expected to meet with customers and present the network technology offered by the company that the solutions engineer works for. Solutions engineers are also responsible for creating training programs for customers, when requested.

Conditions

  • Solutions engineers spend most of their time in clean and comfortable offices and laboratories where they develop software. Solutions engineers often have to travel to the offices of customers in order to perform demonstrations. They must also travel to trade events in order to keep up to date on the latest networking technology and also present their solutions. These engineers usually work 40 hours a week. The time spent in front of a computer can lead to eye strain and carpal tunnel syndrome.

Skills

  • Solutions engineers need bachelor’s degrees in computer science or engineering. Previous experience in sales and Internet technology will often help the solutions engineers find work. They must have interpersonal skills, since solutions engineers usually work in teams and must interact frequently with customers in order to determine what these customers need. Because of the rapid advances in networking technology, solutions engineers have to continually retrain in order to keep their skill sets from becoming obsolete.

Outlook

  • The Bureau of Labor Statistics (BLS) predicted that the computer network industry would grow 23 percent from 2008 and 2018. Growth will be driven by the increasing need of companies to communicate effectively both internally and with customers. As more and more commerce is moved online, it is essential that companies have up-to-date networks.

Earnings

  • In 2008, the median earnings for computer network specialists was $66,310, according to the BLS. The highest 10 percent of network specialists earned more than $104,070, while the lowest 10 percent earned less than $41,000.

The Best Business Ideas for Food

If you love food and have cooking skills, there are numerous ways to turn your love of food into a culinary business that can allow you to earn a living doing what you love to do. These food business ideas range in start-up costs, giving you options to fit your budget.

Start Small

  • If you want to get into serving food but don’t have a large budget, consider approaching business owners and asking if you can deliver homemade lunches to the office daily. Paula Deen, the famous Food Network cook, started her restaurant business this way. Making homemade lunches and placing them in paper bags to distribute to local businesses can be a good way to start off without a large investment.

Coffee Service

  • A coffee cart that specializes in a variety of coffees, teas, and pastry items can be a profitable food business that even someone with little cooking experience can take advantage of. Start-up cost can vary between $10,000 and $50,000, depending upon how you go about setting up the business. This is an opportunity to visit local business owners who will allow you to set up a cart for their employees at specified times throughout the day.

Catering

  • A catering business can be one of the best ways to get into the food business, especially if you have friends or family that can help you get started. If you have planning skills, consider incorporating party and event planning with your catering to allow you to offer more services to your customers. Catering weddings, graduations, and parties is a food business you can get into for between $10,000 and $50,000, depending upon how small or large you want to start.

Cake Decorating

  • Decorating cakes is a food venture you can begin in your home. Creating cakes for weddings, charities, organizations, and parties allows you to control how much money you put into start-up. Begin with the essentials (cake decorating tools and ingredients for making cakes) and advertise locally. If you create beautiful cakes, word-of-mouth advertising can bring in the business that can help you grow,

Franchise Options

  • Franchising a food business can be easier than starting your own, since most of the business structure is in place. The franchise option also allows you to take advantage of an established name. The downside is the cost can be as high as $70,000 or more, depending upon the franchise you decide to go with. Franchising gives you the option of opening everything from sandwich shops to family dining establishments.

Strong growth predicted for aseptic food packaging to 2020

With a continual surge in the growth of aseptic food packaging reported across the food industry, new opportunities and challenges continue to appear for marketers. A number of factors have led to this growth, with increased demand a driving force.

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Packaging manufacturers are expected to be the biggest benefactors as a result of this developing area.

Aseptic packaging is achieved when the food item and the packaging are sterilised separately and sealed together in a sterile environment. It typically keeps food flavourful over a longer time period, improving the longevity of the item; shelf life is often up to six months. It also means there is no need for preservatives, which is a big tick in the pro column for eco-friendly end users, a subset of consumers with a mentality that opposes the use of preservatives. This mindset is likely to increase among other consumers.

Driven by demand

The ever-growing demand for more convenient food sources is cited as one of the biggest driving forces in the predictions of growth in aseptic packaging. Products with a longer shelf life are finding a place in consumers’ food cupboards, and the process of aseptic packaging meets this need. The technology behind the process is also developing quickly, with advancements meaning that packaging is produced on a much higher level and with more speed. It’s a demand that is seen across all branches of the commercial and industrial food industry, including at http://www.clarke-fussells.co.uk/.

Understanding the technologies

With these areas of growth comes the need for marketers to understand the technology better so the end user can be completely informed at all stages. Such speedy growth also means there can be a steep investment figure to keep on top of developments as they happen; this has led to smaller companies being potentially shut out of the loop when it comes to offering aseptic packaging. It adds another investment to the list along with the need to buy food machinery and staff training to keep up with changes.

Although it is an exciting area of development and change, the aseptic packaging market has its challenges and restraints. For example, the market is expected to grow the fastest in China ahead of other geographical areas such as Europe, North America, Asia-Pacific, and rest of world.

How To Travel In An Environmental Friendly Way

The planet is something that needs to be taken care of but the truth is people still need to get where they are going. If people were just a bit more cognizant of the decisions they were making when traveling then the world would be a much healthier place. There are those who know what they are doing is having a negative impact on the environment while others just don’t realize the damage that they are doing. Traveling has to happen for many but here are a few ways that you can travel in a more environmentally friendly way.

Renting a car for a trip for some is an excuse to blow money on a sports car or a huge gas guzzling truck. The best option is choosing a hybrid or electric can as you will save on gas and on money. If a hybrid is too expensive then there are sites with coupons like Groupon that has offer deals for Travelocity that are updated daily, money can be saved as well as the environment. Taking public transportation is not an option everywhere but something like splitting an Uber also saves money while saving gas.

There will be plenty of snacks on the go and bottles of water that you will go through. Refill the water bottles instead of throwing them out even if it means keeping them for a few days. The amount of plastic that is thrown out by those traveling is astounding as even some airlines do not recycle many of the waste materials that are made from offering complimentary drinks on the plane. If you are going to throw out a bottle then make sure that it is in the recycling bin!

Taking a train is a great way to save money as this is kind of a large carpool. There are direct trains all over the United States to major cities and if you have a phobia of flying getting your own car can be affordable and ease the pain of traveling. Trains aren’t delayed as often by weather as planes so your arrival time is much more certain.

Traveling doesn’t mean that the environment has to suffer. Just by being aware of decisions that are made while traveling will help make a difference!

How To Travel In An Environmental Friendly Way

The planet is something that needs to be taken care of but the truth is people still need to get where they are going. If people were just a bit more cognizant of the decisions they were making when traveling then the world would be a much healthier place. There are those who know what they are doing is having a negative impact on the environment while others just don’t realize the damage that they are doing. Traveling has to happen for many but here are a few ways that you can travel in a more environmentally friendly way.

Renting a car for a trip for some is an excuse to blow money on a sports car or a huge gas guzzling truck. The best option is choosing a hybrid or electric can as you will save on gas and on money. If a hybrid is too expensive then there are sites with coupons like Groupon that has offer deals for Travelocity that are updated daily, money can be saved as well as the environment. Taking public transportation is not an option everywhere but something like splitting an Uber also saves money while saving gas.

There will be plenty of snacks on the go and bottles of water that you will go through. Refill the water bottles instead of throwing them out even if it means keeping them for a few days. The amount of plastic that is thrown out by those traveling is astounding as even some airlines do not recycle many of the waste materials that are made from offering complimentary drinks on the plane. If you are going to throw out a bottle then make sure that it is in the recycling bin!

Taking a train is a great way to save money as this is kind of a large carpool. There are direct trains all over the United States to major cities and if you have a phobia of flying getting your own car can be affordable and ease the pain of traveling. Trains aren’t delayed as often by weather as planes so your arrival time is much more certain.

Traveling doesn’t mean that the environment has to suffer. Just by being aware of decisions that are made while traveling will help make a difference!

Zumba Basics

Zumba is a dance-based exercise regimen developed by dancers and choreographers. Taking a Zumba class can provide you with an amazing cardio workout that works your entire body. And because Zumba is a fun exercise activity you’re more likely to stick with it than other traditional exercise methods. Here is a list of basic tips and tricks for Zumba beginners.

Most Zumba classes incorporate low and high impact moves, so it’s important to go at your own pace to avoid straining yourself. And if you’re prone to cramping, make sure you grab a high potassium snack like a banana, before your class because potassium prevents your body from cramping.

Having proper footwear is a must and it’s best to opt for a lightweight and flexible pair of running shoes or to invest in a pair of shoes designed for dance aerobic. Be sure to stretch and stay hydrated throughout the class. There is a lot going on at a Zumba class so be sure not to get discouraged if you cannot follow every single move. And at all times try to maximize your movement because this will have the greatest impact on the amount of calories you’ll burn.

Because there are many different types of Zumba classes, it’s best to start with a basic fitness class before moving on to something more advanced. It may also be helpful to familiarize yourself with the basic steps from the Latin dances that Zumba is based on, such as the cha cha, the Merengue, and the salsa.

Be sure to wear clothes that do not restrict your range of motion because there’s a lot of movements in any Zumba class. It is also important to not wear clothes that are too heavy to avoid overheating. Most importantly, don’t take yourself too seriously, Zumba class is an extremely fun way to burn calories and get a full body cardio exercise, just go with the flow and enjoy yourself.

And now that you know some Zumba class basics be sure to start classes at your local gym or dance studio soon. How to locate Zumba classes in your local area be sure to visit Groupon pages.

Business Coaching for Success

On the off chance that you need to develop your business into a riches making machine, there are heaps of decisions you can make to get it where you need it. Tragically numerous individuals are stuck in old examples and practices that sound something like

That wouldn’t work for me

I don’t know how

I delay

I’m not savvy enough

I don’t have time

All reasons why you need a Business coach in Melbourne

Clear old examples, practices and reasons for alarm with Neuro-etymological Programming (NLP) and you will be flabbergasted at the progressions you can make in your life and business. On the off chance that you have made it to this website page, then your business is not where you need it to be – yet!. Is it accurate to say that you are excessively bustling working in your business, not on your business? Whether you need more cash, additional time, more efficiency or more inspired staff – something needs to change and that change needs in any case you.

Business drilling helps you to evaluate where your business is at, where you need it to be and how you are going to get it there – quick!

No one can do a reversal and begin a fresh start, yet anybody can begin today and make another closure

– Maria Robinson

You have made it this far – what will you do now? Continue doing likewise old same old like everybody else…. on the other hand take another way and see where it takes you and your busines? Like all that you do, it’s your decision, and truly it isn’t so much that intense! Change can be simple on the off chance that you let it and on the off chance that you make your initial step sufficiently little you’ll scarcely even notice. The all the more little steps you take the less demanding it will get, and before you know it you’ll be off and running, much the same as a tyke. Truth be told we exceedingly urge you to bring your internal identity curious to see what happens, as the kid some portion of us for the most part recalls how to have a great time doing it. So not just is change now going to be simple, it’s likewise going to be enjoyable!

Little Business Solutions

Taking The Pain Out Of The Things In Business You Don’t Like Doing!

Setting up in business is tedious and streches the vast majority past their customary ranges of familiarity and levels of knowlegde in numerous regions. While you are liable to be fabulous at whatever it is you do in business e.g. beautician, repairman, bookkeeper, odds are, there are numerous regions you don’t have the information in and to do them productively and viably takes up time that you don’t have or much more dreadful, simply doesn’t get finished by any means.

Shockingly when you begin and need the most help is likewise the time when you have minimal cash to get arrangements.

Successful OH&S answers for Small Business

Hazard Assessment

Business Planning

Key Performance Indicators

Utilize the Right Staff – First Time – Every Time

Execution Development for Staff

Successful Time Management

Objective Setting

These Small Business arrangements are being planned to….

Guide you through setting up procedures

Layouts to make set up simple

Thoughts on the best way to create as your business creates

In the event that you are occupied with listening to additional about these items as they are created, fill in the structure above and we’ll keep you educated as we motivate closer to discharge.

For more info visit: http://www.coachingforsuccess.com.au/melbourne-small-business-coaching/

All You Need To Know About Personal Injury Lawyers Before You Get Assist

When any individual is injured due to the reckless or negligence of someone, then definitely they inclined to file a lawsuit. Unlike past, nowadays more people are experienced person injury because of increasing number of accidents, when this happen to you, need to do the process of searching personal injury lawyer. With growing number of personal injury claims, the personal injury lawyers are great in need and they are right person to assist legally and claim for compensation of loss. Personal injury lawyers will assist clients by dealing the cases, where people have been injured because of negligence of others. In most cases, the types of personal injury lawyers are specialized in handling certain types of cases, but finding the right one is more important. It’s surely impossible to move with the legal process for personal injury cases, obviously you need to hire the personal injury lawyers. Personal injury lawyers are good in number and but before hiring the lawyer you need to look in many things which assist you to find the specialized one.

Why You Need To Get Help Of Personal Injury Lawyer

When a person suffers from personal injury and the reasons for injury may be more but if the major reason is because of the carelessness of the others, then definitely you need to hire personal injury lawyer. In such circumstance it’s quite common by every person to seek help of personal injury lawyer and they make a claim against the person responsible for the injury, and claim compensation for loss. Car accidents are one of the major causes for personal injuries and based on the severity of the accidents or injury, the claim for the compensation amountmay differs.

There is misconception, mostly people assumes that accidents are only reason to hire personal injury lawyers, but apart from that there can be chances of occurring accidents at workplace, which can be the potential cause of a personal injury. IF you are sufferer of personal injury, then its right time without any research just go with Personal Injury Lawyers in Windsor, they usually deal with several of cases of injury that deals with physical injury, from death to psychological changes too. Getting compensation for the loss of injury is highly possible by the personal injury lawyers.

Special Features Of Windsor Personal Injury Attorney

If you think filling a personal injury lawsuit can be tricky process and then leave the worries, personal injury lawyers of Windsor will assist , so it would be wise to contact personal injury attorney for any kind of queries or if you sufferer of personal injury. Surely you can get assist of the personal injury attorney when you have been injured from the other hands and negligence of others, then make sure you need to get compensated for the injury and loss that has happened for you, so hire the personal injury lawyer, who will do more favors regarding claim and compensation. By hiring the attorney of Windsor, for personal injury you can gain more benefits because they are skilled and more knowledge in this profession. In addition to that the attorneys know more about the insurance law so they provide best services and compensation for your injury.

Component Fabrication and Toolmaking – Avoiding the Middleman

In almost every imaginable instance, working directly with product designers and manufacturers makes more sense than dealing with middlemen. This is just as true in the example of metal stamping for the fabrication of custom components as it is in all others – buying direct will always get you the best products at the lowest prices and with the very best service thrown in as a bonus.

Which all makes plain and simple sense when you think about it – involving a middleman does nothing other than complicate and addfurther expense to the process. After all, they aren’t exactly inclined to work for free and nor can involving a go-between of sorts ever realistically simplify or speed up the purchase process. When you go direct, you pay the original base price for what it is you need and you get it when you need it. And should you have any questions or problems at any time, you deal only with those who know exactly what they’re talking about, rather than third-party resellers or representatives.

So it’s pretty clear that avoiding the middleman is the way to go when it comes to procuring custom metallic components for any purpose across the board. But given the fact that there are so many brands and businesses claiming to be offering the same exquisite services to customers, how can the buyer be sure to avoid these unnecessary parties?

1 – Website Checks

Well, the simple truth of the matter is that more often than not, you’ll find out everything you need to know simply by going over the brand’s website. For example, are you looking at what is clearly a comprehensive resource, packed with information and helpful insights, or is there very little substance to the site whatsoever? Likewise, does the site scream professionalism, reliability and attention to detail, or has it clearly been thrown together for pennies with absolutely no real regard whatsoever? Initial appearances can be deceiving and they do say you shouldn’t judge a book by its cover. Nevertheless, in this day and age the very least that can be expected of a quality manufacturer is for them to own and operate a quality website – treat anything less with suspicion.

2 – Contact Details

More often than not, the single biggest giveaway when it comes to spotting a middleman lies in the contact details listed on the company’s website. Think of it this way – if you head over to the ‘contact us’ page only to be presented with what’s clearly a residential property address and a mobile telephone number, chances are this isn’t exactly the most established and reputable component manufacturing authority. By contrast, if the company in question has its own registered business address, its own landline telephone number and a private e-mail address assigned to the brand’s private domain, chances are it is indeed the real deal. Contact details cannot necessarily be used as a ‘black or white’ measure alone, but should definitely be considered in accordance with other evidence.

3 – Customer Service

One of the primary reasons why it makes comprehensive sense to work directly with the actual product manufacturers is to benefit from their comprehensive customer service offerings. As such, it’s always worth testing the waters a little before going ahead with an order – in this instance, actually getting in touch with the customer service team to see how they perform. Simply by making a call and asking a few questions, you’ll immediately figure out whether you’re dealing with an established engineering company or a middleman.

4 – Quotations

Another sure-fire sign that the business you’re looking into is in fact a third-party reseller is the inability/unwillingness to offer fixed quotations. These days, regardless of what it is you are ordering or in what kinds of quantities, the engineering company charged with the job of producing them should be able to offer a fixed quotation that is guaranteed not to change and will not be subject to administration fees and other ‘stealth’ charges. If this guarantee cannot be made, it may be advisable to take your business elsewhere.

5 – Feedback

Last but not least, one of the fastest and easiest ways of finding out whether or not this really is the provider to work with is simply to look at the feedback they have earned from their past and present customers. Simply by carrying out a couple of online searches, you’ll be able to immediately find out exactly how they perform when put to the test and whether they are the real deal, or are simply selling products from other manufacturers at elevated prices. And once you know, you’ll know what to do.

Key Points to Consider about Management Training Courses

Anyone who has undertaken management training can attest as to its effectiveness and the difference it makes to one’s working life. Certain aspects are crucial to note regarding its usefulness in an organisational setting. A majority of managers lack the requisite training to take up new positions at their place of work. They are mostly promoted from within a team due to their leadership skills, experience or level of assertiveness. Many managers in the modern day tend to be highly technical or productive within a team setup, but fail to show strong performance as individual managers.

Gains of Undertaking Management Training

You will be more refined and productive after going through an appropriate management training course. Undertaking training on time management will teach you how to accomplish more during the day or delegate better to your junior staff and promptly finish your workload.

You won’t have to work late after being more efficient, but will rather rely on your team to get more tasks done before the day comes to an end. Another gain is that you will learn to appreciate the importance of assisting your team during busy periods as opposed to simply pushing them towards achieving set targets.

Certain managers might be unaware of how best to handle staff issues as they arise. It could be a conflict of personalities or departmental inefficiencies. Getting trained in the relevant area empowers you to handle and defuse such situations effectively lest they spin out of control.

If you are concerned about opening up the capacity of your staff, have them trained well to ensure they handle their duties with competence and remain eager to grow with your company. Undertaking courses in management training helps you discover the skills you need to keep staff working at your firm.

You might not be utilising your members of staff well for now and feel the need to appropriate their skills in better ways. Going through the right training in management will enlighten you on ways of stretching their levels of competence to the highest possible standards of excellence.

How you communicate with your staff affects their productivity and happiness in a great way. After taking courses in management, you distinguish between when to meet people in person and when a phonecall or email suffices the agenda.

Exemplary managers always seek to motivate their staff towards achieving their highest potential at the workplace. This is a commendable reason to undergo management training as it exposes you to the myriad ways through which to attain this goal.

Applying contemporary technology in a prudent manner can lead to savings of time, energy and other resources for a company. A specific training course is available that teaches one how to optimise on these gains and improve overall performance.

Once you have undergone a training management course, the changes will be significant and you should apply your training at your place of work without reservations. This act will lead to benefits for your company on various fronts, all of which mean better productivity in the end.

All of these benefits demonstrate the need for anyone within the leadership of an organisationto invest in management training courses. It can make a world of difference for you and the staff you oversee, as well as your company.

Selecting the Right Courses in Time Management Training

Think of undergoing some time management training if you are seeking to be more effective and efficient. The outcome of this initiative will be greater efficiency and overall effectiveness for your business. Managing time effectively requires utilising an array of skills and tools that enable people to manage themselves better, especially the resource of time. Such training encompasses several functions, among which are planning, goalsetting, delegating, monitoring, scheduling, organising and prioritising the time spent on work-related activities. It is critical for everyone within an organisation to manage their time in an effective manner as this ensures that the business runs in the most productive way possible. Staff at your company can take up several management courses to ensure they maximisetheir attainment of this goal at their workstation.

What Your Company Can Achieve Through Time Management Training

Courses for time management training are designed to specifically help delegates in managing both their own constraints of time and those of their team. It enables them to prioritise work tasks in a professional manner. Having the ability to manage time effectively will also ensure that time spent by each employee is optimised for greater productivity and profitability.

Attendees of management courses are able to identify the areas affecting their performance and learn how best to control how they influence their productivity. This includes assessing the potential situations that hinder their performance and learning how to effectively avoid them. In addition, the course scrutinises the need for planning and organising as an integral part of any successful time management strategy.

Courses in Time Management Training 

Any successful training programme for managing time must integrate a couple of essential factors. First is to identify time management problems along with subsequent ways of resolving them. Second is to find out the value of personal time and how to optimise its savings. Next is discovering how to spend time on the activities most profitable and worthwhile. Another aspect is exploring ways of organising the workdesk and workstation effectively so as to ensure maximised productivity. Fifth is to teach assertive behaviour, which refers to the ability tosay no. Deciding between urgent and less importanttasks is yet another unique course, and lastly there are courses for knowing how to set, manage and achieve work-related goals.

Qualities to Check in a Provider of Time Management Training Courses

A lot of training courses dealing with the subject of time management are offered by different trainers. That said, ensure that you pay close attention to the credentials of each particular service provider. Ask them for testimonials and case studies of previous clients and check whether they are duly registered with the relevant regulatory bodies. They need to show enthusiasm for the opportunity to trainyour staff and be sure of being able to leave you better polished in terms of how exactly to spend your time in private and public to the benefit of your company.

 

5 Ideas To Increase Productivity & Make A Difference In Business

1. Get Clear On What You Do
If you are not clear on what your big mission is then you are more likely to get distracted. It can be that simple. You need to spend a little time each day getting clear on what you are doing and why you are doing it. And understand that this is a gradual uncovering. Each day, you may find that you are just a little more clear but does that mean you wait until total clarity? Of course not. You begin anyway and as you consistently do the work and experience more of what you think you want, then you get clearer about what you want in your business and life and what you do not want.

Clarity around your big purpose keeps your eyes on the prize and you stay on path and it helps with the next point which is to prioritize.

2. Prioritize
Each day, as you get clear, write out the actions you need to take to move yourself forward. And then prioritize them. Keep your eyes firmly on the prize as you see it that day and then ask yourself the question “How is it that I am doing blah, blah, blah?” You fill in the gap of your vision for your life.

When you ask yourself that question, your brain gives you ideas of what you did to get to your ideal place. I hope this makes sense. This is starting with the end in mind. Too many people start with the beginning in mind. How can you get to where you want to go by doing exactly the same as you have always done? Your actions to date have brought you here so you need to implement new actions in order to move to your new destination. So, picture yourself living a life you love and having built a business doing what you know your mission is and ask yourself how you got there. Write down the steps as they occur to you and begin doing them.

3. Simultaneous or sequential?
In the western world, we are addicted to step-by-step plans. We want growth to be linear. We mostly think that you must do one thing and then the next thing. Unfortunately, hardly anyone has that much time on the planet. IF you have a big idea, a big goal, a big mission to fulfill, you will find that you never create that much traction if you choose to be sequential.

You must take a simultaneous approach where you do a few things at once. Yes, this may mean realizing that you cannot do it all alone but that is fine. Get someone else or a few other people to help you out. Sell them on your vision and see if you can get them to volunteer and if that is out of the question (which it more likely will be unless they are family members!) then choose to pay someone to help you with some things. No matter how productive you become, you cannot do everything and still the demand is on you to be simultaneous.

4. Add in some physical exercise
I know you think you have no time to do anything else but if you already feel you are spinning wheels and getting nowhere fast, why not include some physical activity into your day. The time away form your business and the blood flowing to your brain could make a huge difference to your creativity and innovation. And you need a whole lot of that when building a big idea.

It is tough at the beginning not to consider this a waste of your time but when you start to experience the increased productivity that comes from taking time away from working, working, working, you may be surprised to see how much more you get done by looking after your body.

5. It is easier to change the direction of a moving vehicle
Get into action!
Don’t stand still waiting for all your ducks to line up perfectly. You get nowhere that way. It is so much easier to pivot if you are already moving. When you are stuck in the mud, waiting for perfect clarity, you cannot know what will work or what will not. You have to actually experience things first and discover what works for you and what does not. And as you determine to keep being productive, you can change direction having experienced something you do not like. Or you can stay on course but ultimately, you have to be moving tofigure thigns out.

Too many people think that clarity is found in trying to figure it out while standing still and trying not to make any mistakes but all that results is that more time is lost and still nothing changes because they have done nothing.

Do not make this mistake. Move, even when uncertain. You will get more certain, the more results you get. Good or bad, they are all feedback to inform your next move.

  Author :Rosemary Nonny Knight

4 Character to be Successful

Courage

Will people buy from you if you are not a good person?
Yes.

Then does it matter if an entrepreneur is a good person or not?
Yes it does.

Over the past few years I have stumbled across a dozen or so articles which listed the traits of successful entrepreneurs. You know these, you’ve read the lists and have figured out ways to implement these ideas into your life.

• Ambition
• Self-Motivation
• Perseverance
• Passion
• Flexibility
• and Creativity are some of the big ones which come mind.

Don’t get me wrong, these are essential to success as an entrepreneur. But what about success as a human being?

Entrepreneurship, at its core, is about people being authentic.

Brilliant, motivated people creating solutions for the masses because they want to put their mark on the world – that’s how I see entrepreneurship. It’s a sacred chase.We have to keep in mind that while we are building, we are also becoming. Whether you are creating the latest app or transforming the way people buy a cup of coffee, you are influencing the world with your character.

Character consists of more than how ambitious we are or how well we can bounce back from failure. Character is our ultimate message to the tomorrow we are building, even more than our business.

Here are four character traits every entrepreneur should practice becoming while they are building:

Wisdom

This is the ability to bring what we know and put it into action. Entrepreneurs have to be skilled at learning from experiences, understanding the situations they are in, and figuring out the next step. This is more than just a business skill, it’s a life skill.

Wisdom keeps us from getting stuck, whether it’s a bad deal or a bad relationship. Knowledge gives us the facts, wisdom shows us the steps.

Courage

If you are an entrepreneur than you have undoubtedly faced your share of fears and painful situations to get to where you are.

Courage is more than starting risky ventures or fulfilling some primal urges to wrest wild animals (I’d recommend staying away from the second option).

Courage comes into play when you find out your partner was stealing from your business, how do you approach that situation? You’re only employee just quit on you, what do you do?

Courage accepts difficulty, knowing there is always a reward to be gained from it.

Justice

Unless you run an organization or a non-profit dealing with social issues, the word justice probably doesn’t come across your list of necessary character traits.

Justice also reaches simpler things than humanitarian issues. Are you paying your employees fairly? Are you creating a company culture which treats customer, workers and even competitors well? And do you play by the rules, the legal ones?

The practice of justice shows onlookers, and yourself, that you didn’t take any shortcuts to get where you are so you won’t take any with them.

Moderation

The last one is definitely an oddball for American culture where the mindset of more dominates.

Moderation is not about material restraint; although that is just smart planning. It’s also about emotional restraint. What do you do when a customer or investor really ticks you off? Are you impulsive with your ideas or do you take advice from your mentors? Are you the person whose ego needs an entire conference room to itself?

Moderation is not about small thinking, it’s about control. Practicing moderation makes sure you are the driving force behind your life and business related decisions. It saves you from being reactionary by ensuring there is always a reserve available.

Becoming a person of character might not immediately increase your number of customers. However, it’s something you can never lose, no matter how the economy or life rumbles. You will take your character with you every where you go, make sure its worth bringing along.

While you’re building your dreams, don’t forget to build yourself.

 Author: David Ramos

Myth buster : Startup or MNC

Mythbusters_-Idyllic_Software
Once out of college, everyone wants to get hired in a big company. Well…almost everyone! A handful rich and fortunate guys decide to have their own venture or join their family business. And the rest, who don’t get a job in any MNC decide to step in a small company, be it a startup. This is a myth that most of the path and join a less known company, you have failed.”

This myth has ruined many talents in the past and to do a justice to the future, today I am going to bust it.

Myth 1 – All smart people get hired in MNC.

Idyllic Spftware Mythbuster - Busted

A big company doesn’t look at how smart you are. It sees if, with an average intelligence, you would be a fit with the work culture of the company. Most of the companies do not hire the top and the bottom of the curve. Bottom ones are neglected for obvious reasons. The top ones are said ‘no’ for they can be the first one to switch jobs for better pay. Who wants to waste money and time trying to stop iterations?

 

Myth 2 – Those who won’t get a job anywhere else, they just join a startup.

Idyllic Software Mythbuster - Busted

Those who won’t get a job anywhere else won’t qualify for a startup either. This lot gets hired in mass recruitment drive only, which of course is done by big companies. Startups are quiet choosey about who they want to work with. They would prefer being under-manpower and working double-shifts than to hire an underperforming employee. A startup needs real talent for that push to make things happen and they settle for nothing less.

 

Myth 3 – You can’t get real learning experience if you work in a startup. MNCs have copyright on learning.

Idyllic Software Mythbuster - Busted

MNC gives you defined role. A book of previous learning is given and you never have to start from scratch. But then, you lose on innovation too and probability of ‘what-if’. Startup, on the other hand gives you wider scope of learning different things, things that you might not learn in a routine job. It gives you freedom to experiment, take risk, apply the bookish to see if it really works and learn from your own mistakes. A 360 degree enriched learning experience!

 

Myth 4 – If you join a startup, your dad will pay your bills.

Idyllic Software Mythbuster - Busted

Yes, startups seldom have pockets as deep as MNCs. But then do MNCs share their huge profits with their employees? Not really. MNCs offer huge CTCs, startups quote less. But wait a minute! What is this CTC? Cost to Company is not what you get paid in your salary account. It is what company

thinks is spending on keeping you. This includes all it claims to give you as benefit including the desktop/laptop, internet connection, cafeteria, big office corridors and centralized air-conditioner. What really comes in your hand is about the same or sometimes lesser than what a person with same experience and educational background gets working for a startup. By the way, irrespective of which company you work for, your dad doesn’t pay your bill unless…you want him to pay.

Myth 5 – The bigger the company you work for, the more are your chances to grow in the company.

Idyllic Software Mythbuster - Busted

A big company has hierarchy to tackle dissatisfaction of non-promotion amongst a big pool of employees, out of which only few can actually reach the top management level. A promotion in MNC means you get a new job title, a hike, a new place to sit, sometimes a new team and often a new city in a foreign country. What remains same is you daily routine work. Where is the growth? Growth is in a flat organization that you joined when it was a startup. Joining early and staying there helps you grow with the startup and have a chance of being the big-shot of the company when it becomes a billion dollar baby.

 

Top 15 Business Mistakes Consultants Make

There are a lot of Top 10 lists out there, some of them focusing on the most common mistakes that small business owners make.  While they contain some good points such as getting the support of your family, establishing a dedicated work space, focusing on good customer service, etc.  Some others are good planning, but may not apply as much to an independent contractor in the software industry, or at least not for your first couple of jobs, such as establishing a good mission statement, and developing a detailed marketing plan.

While these are all relevant and may be important to you at some point in time, I have found that there is another set of common business mistakes that are much more practical, some are even stunning that anyone would commit.  But before we get into my list, I suggest you read my post Doing Business – The Series for a little background.  Now, with that out of the way, following is my list of the Top 15 Mistakes Consultants Make.

  1. Forgetting to bill the client
  2. Losing track of unpaid invoices
  3. Not setting aside money for taxes
  4. Bad contract negotiations / terms – no lawyer
  5. Poor tax records
  6. Setting bill rate too low / Discounting services
  7. Poor estimating / Over-promising
  8. Procrastination
  9. Bad attitude
  10. Lack of market focus (trying to be everything to everyone)
  11. Delaying bad news
  12. Ignoring referrals
  13. No savings for a rainy day
  14. Dependent on a single client.
  15. All tech skills, no soft skills

I will expand on some of these subjects, and when that happens, this article will be updated with links to the more detailed posts.  You may also want to check out the full Doing Business archive for more commentary on doing business right.

And remember, just because you’re good at your job (or hobby) doesn’t mean you know how to run a business.  Many dot-com failures were cool ideas, maybe even fun hobbies, but not smart businesses.  Many good cooks discover there’s a whole lot more than cooking involved in running a restaurant.  Being self-employed is awesome!  It is a fantastic adventure if you do things right more than you do them wrong.  And it’s a right we have in the United States that doesn’t exist everywhere in the world, so take advantage of it, if you dare.

Top 15 Myths About Business

There are a lot of misconceptions, myths, bad advice and outright lies about what it takes to be successful in business.  And most of those are continually spread by people who have never gone into business for themselves.  Unfortunately, some of them are spread by people who went into business, failed at their business, and then were looking for an excuse to shift the blame away from themselves.  Regardless of where you heard them, you will no doubt be familiar with some of the following myths.  You may even have been guilty of passing them along to someone else with the best of intentions.  I used to believe several of these myself, but my own experience, and better yet, learning from others’ experiences, I found that they were false.  Let me share with you 15 of the most common myths about doing business.

In no particular order, the are:

  1. To be successful you have to be first.  This is also sometimes reworded as “the first in, wins”.  While there are some cases where there is such thing as “first mover advantage” it does not guarantee success.  Remember the leading edge is also known as the bleeding edge.  If you had to be first, then explain to me the success of Dell and Microsoft.  Dell was not first in the PC market.  Microsoft was not first with the GUI or the word processor or the spreadsheet, yet it dominates in all those areas.
  2. To be successful, you have to be cheaper.  Oh really?  Please explain to me the success of Nordstrom, Mercedes, and Ferrari.  None of them are the price leader (cheapest) yet all have successful pieces of the market.  Take an SBA (Small Business Administration) course and they will tell you that if your only competetive point is to be cheaper, don’t bother starting your business.  Any dominant company can start a price war and likely wipe you out.  One notable exception to this is Southwest Airlines where they survived price wars because they also had an advantage in lower costs of doing business.  And they are known for friendly service, not just low prices.
  3. I’m a good cook so I should start a restaurant.  This is one of the most abused myths.  It is often brought on or exacerbated by well-meaning friends and family who say things like, “Hey, this meal is fantastic!  You should start a restaurant!”  There is more to running a restaurant than having a good recipe and being able to cook well.  You will also be involved in buying, budgeting, payroll, managing employees, and taxes, just to name a few.  Do you enjoy cooking or do you enjoy running a business?  Maybe you’d make a great chef in someone else’s business.  Or maybe you should get a partner to help with the rest of the business.  Or maybe you’ll learn everything you need to do.  Whatever it is, rest assured there’s more to the restaurant business than just cooking.  This of course is true of every business.  There is more to running an independent programming firm than just writing software.
  4. The customer is always right.  No.  No they’re not.  And sometimes you have to tell them so.  In fact, sometimes they are so wrong that you will actually have to tell them you don’t want them as a customer any more.  It’s a tough thing to do if you only have a couple of customers, but sometimes they cost you more money than you make from them.
  5. I’ll just open my store and people will stream in off the sidewalks and buy from me.  This is also known as the “If you build it, they will come” approach to business.  HA!  You will more likely be out on the sidewalk begging people to come into your store just to look around.  Consider advertising.  Word-of-mouth is the best because it is the most effective and the cheapest.  If you can get personal referrals from friends and family, great!  If you can get free publicity, awesome!  One of the reasons that Amazon.com does as much business as they do is that they have a loud-mouth CEO who went around for several years telling every reporter or anyone who would listen that Amazon is “the world’s largest book store”.  It got them business.  Now they need to work on that profitability thing.
  6. It’s a cool idea.  Everyone will love this.  That may be true, but will they be willing to spend any money on it?  As an entrepreneur, one of the phrases you learn to hate is “That’s a cool idea” when it’s not followed up by “I’ll buy some.”  Just because you like something doesn’t mean enough other people will like it.  A large number of the dot-com busts were cool ideas that were not backed by good business plans, even though they were backed by money.
  7. Ours is better so we’ll be successful.  Many people considered Beta to be a better video recording format than VHS, but VHS won the battle.  Quality is important, but so is marketing and timing.  Remember the Apple Newton?  Today we have TabletPCs.  The Newton was probably the right product at the wrong time.  In my opinion, that is one of Apple’s consistent problems.  They come up with really cool things but are just too far ahead of the market for their new cool thing.
  8. Adding more people to the project will make it go faster.  I run into this all the time in the software business, but it does appear that more and more people are learning the fallacy of this statement.  The truth is that adding more people will make it go faster up to a point.  But more people means more complicated lines of communication.  It also may mean that some productive people currently on the team are slowed down as they help the new people get up to speed.
  9. We’re good friends.  We will work well together / We should form a partnership.  There are certain reasons that your friends are your friends and they don’t necessarily go well with conducting business.  For one thing, friends don’t necessarily have the same work habits.  And it’s easier for a person to take advantage of a friend’s willingness to forgive their laxity.  Before you consider forming a partnership, get a really good lawyer.  Mine reminded me that people act funny when money is involved.  And he refuses to put together the paperwork for a partnership unless they also define the terms for dissolution of the partnership.  Even if people don’t take advantage of each other, things happen.  What if one of you has a major life-changing event happen and no longer wants to participate in the business.  You’re still liable for decisions made by the other party until the partnership is dissolved.
  10. Failure is bad. / Failure is the opposite of success.  This is a myth that is ingrained in us from our schooling where you were graded on an average over the year’s worth of work rather than on whether at the end of the year you really understood the subject or not.  In reality, failure is an integral stepping stone toward success.  How many times did Abraham Lincoln fail in politics before becoming the 16th President of the United States?  How many times did Byrd or Peary fail in their attempts to reach the North and South Poles?  Failure is only a problem when you allow it to be the final stage.  Otherwise it’s just learning.
  11. Knowledge is Power.  Then librarians are the most powerful people in the world.  No disrespect to librarians, they’re great and valuable, but unless the knowledge is applied, it is just potential.
  12. Every customer is equally valuable.  Setting aside the discussion of each person’s inherent value as an individual, in business, some customers are worth more than others.  Some customers are more trouble than they’re worth.  I prefer to treat all my customers as valuable, but if I have to decide how to stretch scarce resources like my time over different customers needs, then one may be more valuable than another.  However, the trick here is that the customer who will pay you more now is not necessarily the one who is truly more valuable to you.  If I have a customer today who is willing to pay me to do a year’s worth of work in VB6 and another one who wants 4 months of work in ASP.NET, the shorter one may be more valuable because it moves me in the direction I want my business to go, even though it’s not as much money right now.
  13. Profit is all that matters in business.  Well, yes, profit is important, but Cash Flow is more important.  I suppose you thought I was going to say something about being fulfilled in your work or being moral.  Those are important, but I find that more people overlook their cash flow than overlook their morals.  Profit can just be a trick of accounting whereas cash flow controls whether you can stay in business.  Many companies go out of business due to cash flow challenges, even though they were profitable on paper.  Your creditors are not interested in how profitable your accounting statements say you are if you don’t have the cash to pay them back.  But don’t sacrifice your morals to get the cash, either.
  14. Having more customers is better than having fewer customers.  Would you believe that some companies go out of business because they have too many customers or too much demand for their product?  Now that would be a depressing way to go out of business if you ask me.  If a company manufactures and sells a product, it can get inundated with demand and not be able to keep up the production to meet demand.  Then the customers who are delayed in getting their goods are unhappy and may cancel their orders.  If word starts to spread that the company is incompetent, it could really be the death-knell.  Or more likely, another company will see the demand, come into the market with greater capitalization and capacity, meet the unmet demand and take away your customers.  In the software business, having too many customers all demanding your primary scarce resource (time) can wear you down leading to poorer quality and possibly errors, which in turn might lead to lawsuits.  Sometimes you have to turn down customers who want your services.  It can be a touch decision to make, but sometimes it’s necessary in order to maintain good relations with your other clients.
  15. Venture Capital and IPOs are good.  This fallacy really took hold in the dot-com boom.  Thousands of companies were scrambling after venture capital, doing IPOs and promising their employees the moon.  Venture Capital and the capital markets (IPOs) have their place in the growth of business, but before you go craving it remember that you are forfeiting complete control, and possibly any control over your business.  A publicly traded company has TONS of more paperwork it has to process just to meet all the legal requirements.  Venture capital firms typically want a significant, if not controlling, interest in the company in exchange for their money.  Once you have done either of these, then somebody else really owns your business and is in control.  How do you think that Steve Jobs once got fired from Apple computer, the company that he founded?  He did not own it any more.  The stockholders did.  The same can happen to you, even by your “white knight” venture capitalist “friend”.

16 Surprising Statistics About Small Businesses

In the last 6 years, we’ve amassed a wealth of knowledge about the state of small business from our 38 million members and we never cease to be surprised.  Here are 16 vital (and surprising) statistics we’ve uncovered about the small business landscape:

1)   The SBA defines a small business as an enterprise having fewer than 500 employees

2)   There are almost 28 million small businesses in the US and over 22 million are self employed with no additional payroll or employees (these are called nonemployers)

3)  Over 50% of the working population (120 million individuals) works in a small business

4)   Small businesses have generated over 65% of the net new jobs since 1995

5)   Approximately 543,000 new businesses get started each month (but more employer businesses shut down than start up each month)

6)   7 out of 10 new employer firms survive at least 2 years, half at least 5 years, a third at least 10 years and a quarter stay in business 15 years or more

7)  52% of all small businesses are home-based

8)   There were 22.5 million nonemployer firms in 2011 (up almost 2% from the year before).

9)   To classify as a “nonemployer” business you must have annual business receipts of $1,000 or more and be subject to federal income taxes

10)   Approximately 75% of all U.S. businesses are nonemployer businesses

11)   19.4 million nonemployer businesses are sole proprietorships, 1.6 million are partnerships and 1.4 million are corporations

12)   The fastest growing sector for freelance businesses in 2011 included auto repair shops, beauty salons and dry cleaners

13)   Total TOT +4.35% revenues from nonemployers hit $989.6 billion in 2011 (up 4.1% from 2010)

14)   Nonemployers had average revenues of $44,000

7 Tips for Your Home Business with “Food”

1. Become a personal chef

Personal chefs prepare a week’s worth of meals for 5 – 15 clients. They package them with reheating instructions and deliver them to their clients once a week.

2. Home-cooked, heat & eat meals

This is great if you like to keep things simple. You will prepare and package your favorite meals with reheating instructions. Deliver them or have customers pick them up at a designated place on their way home from work.

I’ve seen this work really well with corporate relationships or by targeting large office complexes. Distribute your simple menu selection to all of the employees in a large office building. It’s best to do this in person…with samples in hand. (Of course you’ll ask permission from the powers that be first, right?)

Then you’ll take orders and payments over the phone or online. Prepare the meals and deliver them to the lobby within an hour or so before quitting time. You can even send a tweet or bulk text to let your customers know you’re in the building with their dinner. They’ll love you!

3. Cater meetings and small events

Every meeting planner knows that food is a critical part of a successful event. Introduce yourself to those smart folks. Many meeting venues don’t offer catering. So get your menu placed in their facility information packets. You can also contact wedding planners, non-profit development directors, anyone who has to regularly plan small to mid-sized events.

Be aware that catering takes a bit more cash to start up. You’ll need equipment, transportation, chafing dishes, serving sets, table cloths and more. But if you have the resources, enjoy making connections and cook great food, this is a potentially lucrative option for you.

4. Teach cooking lessons

Seriously there is no end to the line of people who want to learn how to cook. Your skill is in demand!

You can teach certain styles of cooking, like grilling, baking, crockpot or holiday meals. Or teach people how to cook for special diets, like gluten free, paleo or vegan. Or teach certain types of people how to cook meals, like young couples, teenagers, new parents or empty nesters.

You can teach private lessons in client’s homes, offer small group lessons in homes…think tupperware meets dinner party, or teach full-sized groups at the local community centers and churches…pretty much anywhere there’s a commercial kitchen available.

5. Be a private chef

This is actually quite different from being a personal chef and it’s also different from catering. A private chef will work directly with clients to create a menu for a specific event. You’ll then prepare the meal in their kitchen or in a space they provide.

To succeed as a private chef, you need to have at least a few connections with the kinds of people who would hire someone else to cook for their dinner party. You also need to be great under pressure, able to improvise and familiar with preparing gourmet meals.

In all honesty, this is not an easy game to break into. But it might be perfect for the person with the right combination of contacts and skills.

6. Become a mealtime concierge

Yes, I made that up. Maybe we can call it a Mealtime Assistant. I don’t know. But I do know that there are TONS of couples and families out there who would love to experience cooking and eating dinner together.  The problem is, they don’t have the time or the know-how to plan a menu or buy the ingredients they need to have that bonding experience.

As a mealtime concierge/assistant you would clear the way for family mealtime by creating a customized menu, doing the food shopping and providing them with proven, simple, step-by-step recipes they can prepare together.

Okay, okay. You aren’t actually doing any cooking here. But you are making it possible for people to create memories and family traditions around food that will last for lifetimes to come. How cool is that?

7. Write a food blog

I hesitate to put this here because a food blog, on it’s own, isn’t a business. But tons of people are blogging about food, so it’s easy to assume there’s money in it. Is there? The quick answer is “maybe…eventually.”

Most successful food blogs make money through advertising. Sure, some people sell e-books or write the blog as a way to market their other services (see items 1 through 6). But most straight-up food blogs are monetized through ads.

The thing is, until you have a measurable and engaged audience, it’s almost impossible to command high enough ad rates to replace an income. Which is why most bloggers write as a side gig knowing that, once the audience is there, they should start seeing reveune. It takes time and patience and passion. And entering the blogging world has a pretty steep learning curve.

Home Business with Cooking At Home

A: You are smart to want to start a homebased business: Statistics show homebased businesses have higher survival rates than overall business start-ups. And you’re going about this the right way by trying to find the holes in the market. But you have a lot of work ahead of you, given the particular idea you’re pursuing.

Homebased businesses are regulated at the local level throughout the nation. That means you and your business will be subject to local zoning ordinances. These ordinances vary greatly in what they allow people to do. And when it comes to food businesses, even more regulations apply (usually from your state’s department of health).

So the first thing you need to do is find out what you are legally able to do from your home. In many cases, food for public consumption is not allowed to be prepared in home kitchens. Many localities and state (and/or city) departments of health require that homebased food entrepreneurs use commercial kitchens for food preparation. If this is the case in your area, you need to find a commercial kitchen to rent. Look in your local yellow pages or online for a commercial kitchen near you. (And make sure you figure the cost of kitchen leasing into your overall pricing strategy.)

Another potential area of concern for this type of business is liability. Since people will be eating food you prepare, you need to have adequate liability insurance to cover you in case anyone gets sick after eating one of your meals. And make sure you thoroughly interview not only the elderly customers, but their families as well. You need to know the details about potential problems like food allergies and dietary restrictions. In some areas, the health department may require certification for food preparers.

Targeting the elderly for this type of service makes sense. But the decisions to buy will likely be made by their families, and that’s where you should target your marketing. Go wherever you think children of elderly parents might be. PTA meetings are a good start. Also, talk to the human resources departments of some of your area’s largest companies. They frequently inform their employees about these kinds of services. But also check out senior living complexes (where no care is provided) and doctors’ offices that specialize in gerontology.

To get the word out, you’ll need to let the local media know about you and your service. You might want to deliver an educational message about the importance of healthy food intake for elderly. Once people see you’re knowledgeable about the topic, they’ll be more likely to become customers. I know this all sounds like a lot to be concerned about, but no solid business is built easily (or overnight).

Home Businesses Ideas That Require Training

1. Graphic Design. Businesses always need graphic designers to help them convey information visually, through logos, advertisements, posters, websites, and the like. While it is possible to be an entirely self-taught graphic designer, most have either a certification or a degree. Other than the cost of design software, this business has very little overhead and can be done anywhere with a dedicated computer.

2. Bookkeeping. This is a perfect business idea for trained accountants who would like to work from home, although it is not necessary to be a Certified Public Accountant in order to become a freelance bookkeeper—it’s just necessary to have the background knowledge that bookkeeping courses at any community college can offer. This kind of freelance work is especially helpful for small businesses that do not need or cannot afford a fulltime bookkeeper, making it possible for you to have full time work through several smaller clients. Median salary: $34,000.

3. Home Inspection. An important part of the home buying process is having a professional home inspector go through the house to determine the condition of the building and point out any potential problems. A home inspector needs to meet the state regulations for the profession, which varies from state to state, although anyone who has worked in the construction or housing industry will have a leg up. Median salary: $52,000.

4. Massage Therapist. While licensing requirements for massage therapy can vary from state to state, the National Certification Board for Therapeutic Massage and Bodywork can help any budding masseuse fulfill their local requirements. Massage therapists can either work out of their own home or make house calls with a portable massage table. Median salary: $34,900.

5. Tax Preparation. No one likes doing taxes, and they need to be paid whether the economy is booming or tanking. This is why at-home tax preparation can be a great business for anyone with a tax background, or anyone willing to take training courses. Since there are annual changes to the tax code, you will need to refresh your training each year, and you will also need to register with the IRS as a tax preparer. This is more of a seasonal business than a year-round endeavor, but it can be a great way to earn some extra income each winter/spring.

home based business ideas tax preparation

6. Doula. A doula is a labor coach that can help a birthing mother in any labor environment, from a hospital to a midwife clinic to home. Doulas are non-medical professionals who offer information, emotional support, and physical assistance in the process of giving birth. While licensing for doulas is not required by most states, getting certified by DONA International, the only certifying body for this profession, is a good idea. Doulas do have to deal with unpredictable schedules, but they easily can do this work from home. Doulas generally charge between $500 and $1000 per birth.

7. Hairstylist. If you have experience cutting hair and giving manicures, opening up shop from your home is an excellent way to start your own salon. Make sure that you follow all of your state’s requirements for doing salon care in a home, as they can be stringent.

8. Interior Designer. While you do not need a degree or certification in order to set out an interior designer shingle, it is really necessary in order to make sure you can meet the needs of many clients. An education in the history and theory of design will allow you to understand trends that you may not like, but your clients do.

7 Home Business Ideas for Stay-at-Home Moms (or Dads)

Are you a stay-at-home mom (or dad)? Hoping to kick start an entrepreneurial dream or simply looking to bring in some extra income?

Starting a home-based business is a great way to do this. In fact, 52 percent of U.S. companies operate as home businesses and many of today’s biggest brand names were established by stay-at-home moms – (Dorothy) Gerber, Mrs. (Debbi) Fields, and Julie Aigner-Clark (Baby Einstein), to name but a few. But what types of businesses can grow and thrive in the home environment?

Freelancing

Perhaps the easiest form of business to delve into and operate is freelancing. Whatever your skill – writing, web design, marketing, tax advisor, or photography – freelancing affords an enormous amount of flexibility and freedom, and can be started with little cost or paperwork. Many freelancers get their start by approaching a former employer or customer who could benefit from their services, then branch out as their body of work and reputation grows.

Freelancing does have its challenges and requires discipline – you are running a business after all. Common mistakes freelancers make include not setting the business up properly and legally (getting the right permits, or licenses), forgetting to put money aside to pay estimated taxes, and not planning for peaks and valleys in cash flow.

Become a Virtual Assistant

Virtual assistants (VAs) provide a wide variety of “virtual” services to other businesses including administrative, marketing and technical support from a home office. My local window cleaner, for example, uses a VA to answer his calls and manage his calendar while he’s busy on-site. VAs are growing in popularity, too, as firms look to cut costs and outsource administrative functions. If you are organized and have an administrative background, this might be for you. Start with your own connections or take advantage of the services of a VA organization or association who can help you get started and connect you with clients.

Make Money from Blogging

Yes, you can make money by blogging. I follow several stay-at-home moms who happen to be fashion and style bloggers – and it’s their business. If you can write and have a passion for a specific topic or hobby that you know will garner some attention, then this might be for you. Income generation opportunities can come in the form of affiliate marketing and advertising on your website or from companies who ask you to review and blog about their products. Look for ways to get traffic to your website through social media, search engine optimization and by getting involved in the wider blogosphere (networking with and commenting on the blogs of others in your niche).

Start a Creative Business

Whether it’s making gift baskets or offering interior design consultation services, if you have a creative streak and the room to store and create, then why not consider making money out of your talents? Get to know the market and do some planning to identify an untapped niche. SBA has several tools that can help including the Build your Business Plan tool and SizeUp a market and business analysis tool that lets you benchmark your business against competitors, map your customers, competitors and suppliers, and locate the best places to advertise.

Start a Home-Based Bakery or Food Business

Food production from a home is heavily regulated but it’s not impossible. Take Martha Stewart, for example—she famously entered the food service business with a basement-based catering company in 1976. Before you start a home-based food business you will need to understand the rules and regulations that govern the production of food for public consumption in an at-home environment. For example do you need a separate kitchen? What about product labeling? And so on.

Child Day Care

Home childcare businesses offer a potentially lucrative and long-lasting business opportunity. A home environment is often appealing to parents and once their kids are settled (and assuming you are doing a great job), then it’s likely you’ll have that business until they are old enough not to need care.

Of course, this is another regulated business and you’ll need to ensure you comply with state and local regulations that govern issues such as the provision of meals, minimum space requirements per child, and the number of licensed care workers per child.

Start an Online Marketplace Store

If you have clutter that you want to get rid of and like the idea of selling products to an established worldwide network of consumers, consider starting a business on eBay, Etsy or Amazon. You can source products to sell from junk/yard sales or charity shops. If you want to get a bit more sophisticated, then consider buying wholesale or adopting a drop-shipping model. The goal is to find products that are in high-demand and not readily available from other sources.

More Ideas

Other business ideas including a dog walking/pet care business, a travel agent, start a home-based franchise business, event planning, architectural design, or tutoring students!

Business Solutions – Reasons Why You Must Embrace Technological Advancement

Globally big and small businesses are under pressure to adopt new technology in order to make an impact in the business world. Lack to go with the times has caused some businesses to stagnate and in the process become obsolete. A company like Microsoft has gone to great lengths to make sure it comes up with up-to-date software to ensure smooth business operations.

As a business owner if you keenly observe, your competitors have implemented and embraced information technology in their day to day operations. So, in order to remain in business and also operate effectively you will need to embrace these new technologies.

Embracing advanced technology will help you to increase the rate at which you conduct business activities. Install your computers with modern software to make it easy to collect data, process and store information. The operating systems also ensure that the same information is disseminated to the various departments of the company efficiently.
Accuracy of work is an aspect of business that is very crucial and one way to ensure this is by the use of modern technology. In order for a business to enhance its accuracy in calculation and documentation of receipts and invoices then it must embrace technology.

A business owner who wants to increase his popularity in the business arena must constantly upgrade his products and services. The way to do this is by implementing modern operating systems that are current and offer better services to customers. Therefore, evaluate your business procedures periodically and find ways to improve your production by integrating modern technology.

How to Integrate Ecommerce Solutions into your Business

According to Wikipedia, electronic commerce or ecommerce, as it is more commonly referred to now, is defined in the following excerpt:

“Electronic commerce, commonly known as e-commerce or eCommerce, consists of the buying and selling of products or services over electronic systems such as the Internet and other computer networks. The amount of trade conducted electronically has grown extraordinarily since the spread of the Internet.”

From small businesses to major corporations, ecommerce has been the buzz word on everyone’s lips for the last few years. Although it’s been a hot topic whose benefits have been heavily written about and reviewed by a myriad of different resources, there still remains a lot of misconception in the minds of companies who want implement an ecommerce system within their business strategy. Many contemporary businessmen think of ecommerce as merely setting up their website and selling the products online. The reality is that ecommerce is not simply a website selling online products – in fact, ecommerce is a complete drift of your business strategy from conventional to online.

In order to be successful, businesses must realize that ecommerce requires a complete business model – just as you operate your businesses, similarly, you need to form a model for ecommerce business. And since this is different from conventional business, the model also needs to be different. However, although they may be aware of the importance of ecommerce from a business standpoint, most of us need to turn to the experts in order to properly facilitate ecommerce strategies so that our online presence is maximized.

THE IMPORTANCE OF ECOMMERCE INTERNET SOLUTION

In today’s increasingly competitive online merchandising methodologies, ecommerce-enabled web sites have become a must-have for nearly everyone with an online presence. At Ecommerce Partners, for example, they specialize in custom enterprise level ecommerce solutions, in other words an ecommerce solution provider that empower some of the country’s most recognized brands by giving them the ability to simplify their businesses, manage product offerings and provide their consumers with unparalleled service on the web.
DID YOU KNOW…Approximately 60% of all ecommerce shopping carts are abandoned before checkout because of confusion, impatience or mistrust? Avoid this common mishap and consult one of our team experts to find an ecommerce solution to fit your company’s needs, budget and goals. We’ve streamlined our web designs to make each shopping experience not only easy, but memorable, even for the least-experienced user. Don’t forget to ask us about ECP eShop (cart functionality checklist), an innovative custom shopping-cart solution that will provide your company with the service, expertise, and tools to build a successful Web business. E-Shop will enable your business to reach new markets while increasing your bottom line – without the need for experienced technical staff!

They offer the following benefits:

• Flexibility – Our team will customize ECP E-Shop to support your unique business requirements.

• Business Focus – Our software puts the manager in control of your Web business, eliminating the need for technical staff to run a powerful e-commerce system – all through an intuitive Web interface.

• Scalability – ECP E-Shop works as well for 10,000 products as it does for 10, without additional performance or service issues.

• Integration – Our solutions work with your existing site, our suite of e-business solutions, and leading third-party transaction and fulfillment technologies.

• Best-of-Breed Features – ECP E-Shop goes beyond transactions, offering the best tools available to build and grow your business successfully.

With nearly a decade of experience in custom ecommerce, EcommercePartners.net, understand the importance of your company’s unique identity – they will tailor your website to meet your specific needs, each and every time.

Why Custom Software Solutions are Better than Off-The-Shelf Software

If you are in search in the market for the most appropriate business software solution for your company, you can choose between two main options. In general, you can decide to go for either a pre-packaged or off-the-shelf business software solution, or you can design or purchase a custom software program. The latter can be an in-house project or outsourced from a custom software development company.

The bigger challenge for companies in need of business software solutions is to ascertain which option is most appropriate for the company given its specific needs and requirements and the prevailing conditions in the business environment. Companies become consumers who will have to weigh the cost and benefits of the choices and ultimately make their final decision after serious consideration and study in relation to the needs and requirements of the business.

Off-the-shelf business solutions are considered as the default option. However, this business practice may no longer be relevant in present business conditions. As we are faced with more challenging and complicated business requirements; getting the most appropriate software solution is turning to be a near impossibility. Consider the major caveats that companies must observe when opting for pre-packaged business solutions:

The software features might not actually work
The software feature might work but may not meet the requirements of your company
The software may disrupt other business solutions that are already in place.
On the other hand, custom business software solutions are undeniably adaptable to most business needs and requirements. A custom software development company will be able to provide a full-functional business solution that will exactly meet the needs and requirements as you have exactly specified and defined. The company will also make sure that the custom business solution is able to interact with the existing applications and programs that your company is presently using.
Companies that offer off-the-shelf software solutions will offer after sales service. You will expect all vendors of packaged business solutions to commit excellent technical support. In reality, the highest possible tier of technical support from these vendors pales miserably to the technical support that you will get from custom software development companies. In most cases, business organizations that use off-the-shelf business solutions hire in-house technical staff to manage and troubleshoot any technical issues affecting the off-the-shelf software solutions.

Custom software development companies, on the other hand, can be relied upon to deliver in-depth and timely intervention and support of their technical team. This dedicated service assures companies of the expertise and solution that are not merely work around and patch up jobs to an existing problem. Their service can be considered as an enhanced intervention to meet increasing demands from the custom software solution that they have designed and created for your organization.

Your custom software solution can come out cheaper than the best priced off-the-shelf software solution. In most cases, the off-the-shelf business solution are cheaper upfront, but may turn out more expensive than their custom counterpart in the long run.

There are instances where the company is better off cost-wise with a custom software solution. This can happen for the following reasons:

The chosen off-the-shelf software solution may require further customization
The chosen off-the-shelf software solution may require a top-to-bottom changes and modification to your business operations.
The off-the-shelf software solution can turn out to be more expensive with the specific feature that your company requires

Low Cost Solutions for Small Businesses in a Global and Technologically Evolving Marketplace

Background

Small businesses make up a majority of businesses in America. In 2010 alone, there were around 565,000 businesses started each month. Many business owners struggle to find ways to build and maintain their business and with finding time to keep up with technologies that can help them succeed (Krell, 2011).

I worked with a small store to analyze challenges faced in a globalized/tech infused society to find low cost solutions to some of those challenges. It is understood that many challenges will be difficult to overcome due to cost and time involved, but many issues can be addressed to bring more awareness and revenue to the business.

Issues/Concerns/Analysis

To begin analyzing the business, a SWOT analysis was performed to see the bigger picture in regards to both the store and the industry. Unless otherwise noted, the information is largely based on the observations, along with the proprietor.

The store benefits from being close to a university and proximity to downtown. Most traffic is generated through word of mouth and repeat visitors. The inventory carried is obtained through customer sales and conventions. Customers enjoy the quality and rotating inventory, the close relationship with the vendor, and the search for “buried treasure” (An examination of thrift store shoppers, 2010).

One of the major challenges of a one person operation, are operating limitations. Information is passed on to customers via voicemail and a sign on the door if possible. The store is located in a small shopping center. The store does not have a website or much social media presence. The store only accepts cash or check.

The store misses out on an opportunity with internet sales. EBay is occasionally used, but there is no dedicated website. Other stores offer lessons, tech services, and accessory sales. There is an opportunity to partner with vendors to offer these services.

Threats include large stores. There are many small stores in the area. Internet sales bring convenience to customers and the ability to buy from vendors all over the world (Guitar Attack, 2006). Most large stores have a web presence, and many smaller shops are also taking advantage of setting up web stores, and some cut physical location hours to devote time to internet selling.

To further analyze the market, Porter’s Five Forces was used. Market entry can be easy. There are no extreme barriers, and since most of the goods sold are used, merchandise can be acquired easily. Some stores sell new merchandise and have contracts with the companies they sell for (Shulman & Coughlan, 2007).

Supplier power depends on the type of store. New item stores will have to work with and bend some control to those suppliers. Used item stores have to acquire goods and watch for stolen items. Difficulty on inventory depends on availability of specific and rare items (Schiraldi & Nava, 2012).

Buyer power is dependent on popularity and availability of the item (Schiraldi & Nava, 2012). Prices fluctuate with supply and demand. Many stores utilize published price guides, as well as sell data from auction websites.

Product and technological development can have an impact on the desirability of certain goods. Some consumers prefer older technology and formats over more modern products.

In regards to competitive rivalry, many stores complement each other. Some offer services that others do not, and many will refer customers. Many stores also purchase goods from one another when a store purchases an item, but their market does not fit. Many small businesses see the threat of stores like Walmart and price competition from internet based stores (Guitar Attack, 2006).

Potential Solutions

In narrowing a list of solutions to increase awareness and business, it is important that plans be cost effective and time manageable so that they are not burdensome..

Purchase a Square credit card reader
Create a website/store
Utilize social media
Utilize listing/auction websites
Partner with service providers
Look into selling new commonly used accessories
Look into advertising in local papers
Look into hiring college interns if more employees are cost prohibitive

Recommendations/Implementation Plan

By signing up with Square, a free credit card terminal is offered for your smartphone. This allows the client to offer customers the convenience of credit card payments. The fee is 2.75% of the transaction (Square, 2014). This fee can be passed on to the consumer as a convenience fee.

EBay and Craigslist can be used for select inventory. Craigslist also serves as free advertising. EBay can be used to reach a wider customer base for select items (Wolf, 2009).

Social media can be used to communicate with customers changes to normal store hours. Social media can be used as free advertising, to show off inventory, and for promotions (Constantin, 2012).

Some products eventually need maintenance. There is an opportunity to partner with technicians that offer these services on behalf of the store. A referral commission can be charged for providing the drop off/pickup location and the customer.

Commonly used accessories can be stocked to increase revenue. By selling new low cost accessories customers may be more willing to spend money, even if they came in to browse.

The more expensive investments would be advertising in local papers and building a website/store. Local niche papers tend to have lower advertising costs. A website/store can be expensive to start, but can be designed to be easily updated by the client (McLeod, 2011). An intern from a local university could be used to maintain/update the website, social media sites, and work with web sales.

Most importantly, the client should monitor the changes that are implemented to see what works and what does not. Can there be improvements? If something does not work, would it be more cost effective to improve, or find another solution all together?

Conclusions

It is important for any business owner to have a strategy. Even on the most basic level, it serves as a guide to take the business to where the owner wants to go. Having a strategy and being adaptable to an evolving market and social environment allows the business to keep current with trends and find areas for improvement (Cordeiro, 2013).

References

An examination of thrift store shoppers. (2010). Marketing Management Journal, 20(2), 94-107.

Constantin Logofatu, M. (2012). The social media impact on small and medium sized businesses. Young Economists Journal / Revista Tinerilor Economisti, 9(18), 214-218.

Cordeiro, W. P. (2013). Small businesses ignore strategic planning at their peril. Academy Of Business Research Journal, 322-30.

Guitar Attack. (2006). More love for the small business owner from namm. Retrieved from http://www.guitarattack.com/opinion/transformed.htm.

Krell, E. (2011). The state of small business. Baylor Business Review, 30(1), 4-9.

McLeod, Thomas. (2011). Allow your clients to update their websites on the go. Retrieved from http://net.tutsplus.com/tutorials/cmss/allow-your-clients-to-update-their-websites-on-the-go/

Schiraldi, P., & Nava, F. (2012). Resale and collusion in a dynamic market for semidurable goods. Journal Of Industrial Economics, 60(2), 274-298. doi:10.1111/j.1467-6451.2012.00484.x

Shulman, J., & Coughlan, A. (2007). Used goods, not used bads: profitable secondary market sales for a durable goods channel. Quantitative Marketing & Economics, 5(2), 191-210. doi:10.1007/s11129-006-9017-x

Square. (2014). Retrieved from https://squareup.com/sell-anywhere.

Reliable Business Solutions

A business website and marketing solution designed for small business owners, BLD Online Solutions helps write success stories. Creating a website has never been so easy with just a few clicks you can create an online store using the state of the art content management and lead generation tools. Mobile compatible and the best thing is you don’t need any coding experience.

Remarkable in every aspect, powerful and intent on providing the best business results, BLD Online Solutions helps small business owners create a name for themselves through customer relationship management tools. Delivering exemplary results they provide

Flexible, hosted content management by building a website or helping choose a pre-built template and using own HTML/CSS. It saves you money and time, is search-engine friendly, offers foolproof real-time editing, ensure unique mobile experiences and you can manage the site through the desktop or tablet.
Powerful e-commerce to set up a SEO-friendly online store. Well suited to sell physical and digital products it guarantees easy billing, shipping and integration as well as heightened sales with discounts, vouchers and referrals. With automated recurring orders, easy order management tools, and features to seamlessly sync orders and process data, all in one place making everything so convenient.
Targeted email marketing to send personalized emails which ensure automated sales responses with loyalty campaigns help build targeted lists and provides a range of professional email templates, the results of which can be analyzed within a short span.
Integrated customer database/web-forms for better service to the customers. It not only helps drag and drop web-form builder but also helps in capturing the real time data easily.
Blogs and web Apps for heightened functionality and attain business requirements without plug-ins and server-side coding. From creating photo galleries to promoting and managing events, it enhances the reach with optimum success rates.
Powerful reports & analytics as the interactions with customers are recorded throughout the site, which can be analyzed effortlessly without using 3rd party solutions and extra tracking codes.

The pricing packages offered by BLD Online Solutions are competitive. Starting at $10.99/month plus Web Basics, $16.99/month plus Web Marketing and $34.99/month plus Web Commerce, all the aspects are well checked to deliver excellent results. Discounts and benefits too are commendable as they give 10% off on yearly packages and 15% off on bi-yearly packages. The team can be contacted to learn more at enterprise@bld-solutions.com. Eager to be of help, they provide priority support, unlimited storage and bandwidth, dedicated infrastructure, unlimited user accounts and certified PCI compliant features for effective marketing strategies.

Checking their portal helps one understand the power of their marketing strategies and effective solutions offered that help build up businesses. Whatever be the business, healthcare, brewery, zoo, tourism sites, designing web systems, holiday packages and more, the team at BLD Online Solutions is dedicated to augment profits through their unique and proven methods. Helping you to connect with others worldwide through social media, thereby widening the prospects of sales and marketing is also taken up by them. Checking their portal or contacting them helps clients to understand the extent of their performance. Simple, effective and proven and well suited for small business houses too, they offer perfect packages that are affordable while success rates are truly remarkable!

Corporate Business Solutions: Protecting You from Fraud

That company is Corporate Business Solutions. Companies like CBS employ fraud detection and prevention experts who perform fraud analysis on a company and discover weak spots that may be targeted by criminals in the future.

One type of fraud that has become a serious risk to business owners is identity theft. Business owners are more susceptible to this type of fraud than the average person because the personal information of a business owner tends to be more readily available to criminals who are looking for a potential victim. Often times identity theft criminals will utilize a business name that does not belong to them in order to partake in illegal business transactions. These illegal transaction may lead to serious consequences for the business owner who may find themselves in court for all kinds of criminal activity. This is especially the case when the identity theft leads to issues with the IRS. Corporate Business Solutions Inc. not only offers fraud detection services, they also offer representation services for business owners who find themselves facing the IRS.

The significant losses that are incurred by businesses affected by identity theft may lead to eventual closure of the business. Not only can fraud impact a business financially, it can also harm the reputation of the business. The best way to protect your business from fraud is to stop it before it ever occurs. A fraud prevention specialist may be the best option for a business owner who is looking to preserve their finances and defend their reputation. Fraud is ultimately a business killer and it is important to have defenses in place that are robust enough to ensure that no fraud occurs within your business.
Internal fraud is an especially dangerous type of fraud because it impacts the reputation of a business more than any other type of fraud. Internal fraud can also be more difficult to detect because it occurs only within the business affected. External fraud is usually conducted by criminals who have been actively committing the crime in other areas therefore creating a pattern that can be tracked. Internal fraud is often harder to detect because no such pattern has been left. It is possible to learn how to spot internal fraud but it takes years of practice to fine tune the skill. Companies like Corporate Business Solutions have been preventing and detecting fraud for years and that is why they have become such a popular solution for fraud defense. Business owners who are looking for protection against fraud should seriously consider contacting a company like CBS.

Enterprise Monkey: E-Business Solutions and ERP for Small Businesses

E-commerce has become a large and popular business in the present scenario. It has attracted small to large enterprises of various countries and now taking a great pitch in the industry. Moreover, there are quite a number of e-business solution providers focusing to help the starters to launch their business on the internet. E-commerce stores are open round the clock, and the customer can experience several benefits rather than shopping in traditional stores. They can purchase, or add their favorite items to their cart and purchase whenever they wish.

The payment options are made easy using the latest technology and advanced payment features. It is true that one has to maintain and enhance their e-commerce store time to time to keep it updated in the market. They need to bring visitors to their store and ensure the conversion rates is high maximum. The E-business solution providers play an active role in improving the store, reconstructing the website if necessary, add exclusive features on the website and market the website to target consumers. They spend their time and take things on their shoulders to improve your business.

At the start, you may feel a lot of unwanted tensions and confusions in your E-commerce store. But when the E-business solution provider’s innovation and skills combine with your business and marketing strategy, you will feel satisfied and provide best services to your customers. Enterprise Monkey is an experienced E-business solution provider in Australia. We start to service in several ways, and it includes researching the market, search ways to get qualified traffic and ways to transform hits to business.

If you wish to transform your new business into profit generating business, you need to get help from Enterprise Monkey E-business consultants. We have more than ten years of experience in the E-commerce industry. We ensure to combine our talent, skills and research with latest technology and strategies to make the E-Commerce store a grand success in the market.
Our E-business consulting team will search for means and ways to bring visitors to your website and gain traffic in the search engine. We first understand the mentality of the visitor and their commonly used keywords. Once we are confident about the terms and keywords, we would develop a user-friendly and informative website to help the visitors. Apart from this, our consulting team would indulge in the internet marketing and digital marketing techniques to attract visitors and convert them into valuable customers. We know well that enterprise management, site management, and promotion are the basic foundations for a business to remain successful. So, we work on all these basic factors to make our client’s business a grand success in the market.

ERP for Small Businesses

Enterprise Monkey is the right choice and destination for ERP solutions. In the present fast scenario, every business faces a tough time to serve their customers and serve according to their fast changing demands. Moreover, the business owners have to manage their finance and enterprise side by side to reap better profits for themselves and their partner. It is common to face several hindrances in areas like data maintenance, payroll management, accounting and inventory management and sticking to certain regulation. If you are finding difficulty in such tasks, you need to get in touch with the experts of Enterprise Monkey. We have various solutions for your business needs and ensure to customize our applications according to your business demands and market. Our enterprise management and business process management software perform the basic functions. It will completely manage your entire tasks and allied business management process. Our ERP for SMEs are used by small to medium sized companies, non-banking and financial companies.

7 Benefits of Using Microsoft Project Server for Better Business Solutions

Many companies prefer to have quick and easy end-to-end business solutions that can reduce cost and improve output efficiencies. The concept of Microsoft SharePoint has proven to be a huge advantage for those companies that want extensive reports and profiles within a short period of time. Almost 75% of fortune 500 companies have adapted to this concept of using Microsoft SharePoint. Project Server is a program used for excel sheet in Microsoft SharePoint that guides businesses for better decision making, capital planning, reduced strategic planning efforts, etc.

One of the biggest advantages of Microsoft Project server is that companies can read through extensive reports via excel sheet in SharePoint while sitting anywhere in the world. There are various Project Server Consulting companies that specialize in Project and Portfolio Management and provide customized apps, packs of reports and configured solutions to their customers worldwide. There can be various benefits to a company if it adopts the concept of Project Server by the use of Microsoft SharePoint. Here are the 7 organizational benefits of Project Server:

1. Wiser Decision Making: Project Server not only benefits project manager with better decision making but it is also beneficial to everyone else involved in project. A collection of good and accurate company data is compiled with Project Server for better and precise information, which helps every employee involved in the project to understand his role in the project in a much better form.

2. Easy accessibility: Project Server empowers workforce and web-based project scheduling together. This means that it allows project managers to work and edit data scheduling from any location in no time. Project Server has powerful diagnostic capabilities that help managers undo projects to many previous levels and find better techniques to resolve business-related queries.

3.Powerful reporting infrastructure: Project Server has flexible tools that help organization to provide visibility and control to only those employees who are part of the project. Project server uses various platforms, which include Excel service, SQL reporting services, performance point, etc. for delivering comprehensive business solution.

4. Extensible platform: Project Server is an open program that ensures customized solutions and effectiveness in business output. There are brilliant tools like Business Connectivity Services, Microsoft Visual Studio, Microsoft SharePoint Designer, Windows Communication server, etc. that help with consistent and rapid business solutions.

5. Flexible and quick: Project Server can easily be configured to meet organizational requirements and provide flexible business solutions. There are new tools in the Project server that reduce the burden on the administrative team and empowers user action that helps employees focus more upon project delivery.

6. Variety of portfolios: Project Server offers best-practice portfolio selection techniques. This feature of portfolio management and strong analytical system in Project Server helps to run commands effectively and execute them using various strategies.

7. Accountability and Control in work flow: Project Server helps various organizations to find different ways for executing project. The right governance to investment decisions and effective output helps to drive accountability. The Project Management Office in SharePoint helps in effective communication and guides employees to attain compliance and project satisfaction.

Small Business Tips for Success Online

Small Business Tips For Success: The feast or famine business model

The feast of famine business model merely refers to my personal perceptions of certain prevalent business models you or anyone else might likely find while searching for a business to join online.

Most often employed by many high cost or “high ticket” programs and products online, this model for business would most accurately be described as a recipe for disaster.

The underlying premise being, at say $1000 a sale, how many sales would you need to make a return on your investment, quit your job, buy a house, etc., etc. Feast or famine…

For those with a proven track record of success online, more often than not the case for them will be feast. For those with the skewed perception that any kind of success, be it success online or success in general, happens over night; I see famine in you future.

small business tips #1:

Operating your business on the firm belief that x amount of traffic will generate y amount of conversions without the market research to prove it will cause you nothing but grief.

The best way to avoid falling prey to a feast or famine type scenario is to do your homework, and make sure that the numbers support your efforts.

For PPC (pay per click) marketing, be sure to track, track, track, everything. By using tracking links in your ad campaigns you can determine your cost per lead as well as your cost per sale along with your cost per click/click thru percentages provided by you campaign provider.

small business tips #2:

Next, estimate the value of each sale. If the income is residual, what’s the retention rate of your program or down line? Once you can place a decent estimate on how much each sale is worth and you’ve calculated your cost per lead per sale, then and only then are you in business.

Flying blind with your marketing dollars in hopes that good fortune will smile upon you is far to fanciful a notion to actually be effective. Be sure to track all your marketing efforts so that you can be aware of what works and what doesn’t; as well as what could use improvement.

small business tips #3:

To some, the entire notion of feast or famine may seem a bit much like some savage struggle for survival set in the most unforgiving of landscapes. To those individuals, I would suggest that in the time it’s taken them to form said opinion, they have most likely dropped an additional notch or two on the food chain.

Business is extremely competitive by nature. The best strategy for success is to always try to ensure you happen to be among the biggest fish in the smallest pond I can find i.e. research and niche marketing.

small business tips #4:

In summary, I’d say that most endorsements of unrealistic and unfounded business practice work off the premise that people in general will always take the path of least resistance; forever hoping to not only get something for nothing but, attain great success with little effort on their part.

A very lovely notion, but so is the lottery; and your odds would probably be about the same.

Unfortunately, I’ve found out (the hard way), that internet business is not the financial freedom vending machine I was led to believe it was. For every few dollars I put in I have yet to find happiness wrapped in $100 bills (although I do remain hopeful).

Be sure to treat your business more like a business and less like a lottery and you are sure to do well.

 

Best tips for Business Development

When looking to run a successful business, it’s important to know where to start, how to proceed and where one can get their breaks. When doing this, it’s easy to have a successful company in the short and long-term. While true, one should not just follow the basics, even though they are important. With that being said, here is a short guide on how to develop a business.

Simple plan: When starting out, one should write a business plan for their company. Think about it, with a plan, it’s easy to go back to it if there are any issues. For starters, one should list their overall money-making plan, assets, corporate layout and long-term plans. Furthermore, one should have a marketing plan, and the marketing plan should be pretty long as it’s the most important part of a lot of businesses. Remember, with a well-written business plan, one can do everything to get their business in order and under control. This is, simply put, the wisest start and an important step in the strategic planning for business.

Really go deep into the marketing plan: While one should write their marketing plan into their business plan, it’s wise to take it further and write a full marketing plan. Think about it, if one doesn’t have a decent marketing plan, they are going to have a hard time finding clients. To get started, one should have a decent website and a social media presence. Furthermore, one should think of their local marketing plans such as a phone book advertisement, among other things. In the end, this is one of the best tips for business development.

Find the right employees and contractors: A person who is running a company needs to hire the right people to help him or her. Without doing this, it’s hard to enjoy profits as one will struggle if they have bad employees or only hire family members. To take this further and save money, one should consider their long-term needs. Not only that, to take care of simple tasks that require some knowledge of a difficult subject, one should hire contractors. For example, when making the website or getting the accounting in order, one can do well if they hire contractors.

Define roles of everyone: It’s easy to run a company with two or three employees. Often, people will naturally take on their own roles. But, in the long run, one must define the role of every employee, contractor and owner. When doing it this way, one can avoid misunderstandings, which are sure to occur when they don’t define the roles well. Think about it, when an owner or employee doesn’t know what they need to do, it’s easy to miss important deadlines, and one can avoid this by defining roles from day one.

Financial projections: When worrying about strategic planning for business, one should think of their long-term financial projections. By doing this and looking at the long haul, one can avoid problems in the future. However, it’s not always easy to meet projections, and one must hire a professional.

In the end, with these best tips for business development, one will have a better chance at success. Remember, with a decent plan and hard work, a person will do well with his or her business idea.

Tips to Design Logos with Hidden Meanings for Your Business

our company logo is the stamp of what your business and brand is all about. So, its design must spell out your business message clearly for your existing and potential customers to understand. Remember, business message is crucial to convert viewers and suitors into customers. But how do you incorporate a meaning in your brand’s logo?
One of the most effective ways to send your business message to your target audiences is to create logos with hidden meanings. Such logos unfold your business message and the the purpose or meaning of the design slowly and gradually to the onlookers. Such surprise elements that unfolds as the hidden meaning behind your logo never fails to impress and inspire viewers. In fact, such clever logo designs help you win customers and recognition for your business.

Here are some useful tips that can help you create such fabulous logos with hidden meanings.

Create A Sense of Illusion – There is usually some illusionary object or element incorporated in most logos with hidden meanings. Just as people stare at the easily visible parts such as colors and lines of the logos, some concealed figure or element emerges up from the background. For example, famous FedEx logo is a nicely created logotype with blue and brown colors dominating the design. But if you look at this logo carefully, you’ll find that there’s hidden arrow between letters ‘E’ and ‘X’. The arrow appears due to the illusion created by the vacant space between the letters. Once the symbolic arrow is visible, viewers get to know that it stands for efficient and speedy delivery provided by the popular American courier company. Just like FedEx, there are many other company logos and their meanings that surprise viewers with an illusionary object or element and spread their business message effectively.

Clever Use of Negative Space – Negative space, also known as white space, is an excellent roadmap through your design and communications that surprises onlookers with important yet surprising elements. Remember, when the empty space in the logo is interrupted by a surprise object or element, eye are automatically drawn there. In fact, the figure emerging up in the empty space becomes the hidden meaning or message for your consumers.

Popular Car tyre maker Continental’s logo, for one, uses letters ‘C’ and ‘Ó’ to create an illusion of tyre. This amazing element shaped in the form a car tyre effectively spreads the message that the company manufactures and sells high-quality car tyres.
Use Colors and Symbols – But you dont necessarily need to learn the tact of negative space to make a logo with hidden meaning. Colors and symbols can also add hidden meanings and a sense of illusion to your logo. In fact, a fair share of experts believe that colors, signs or symbols can aptly convey your company message and add glittering stars to your company logo .

Take the example of fast food company Subway. Its logotype does not use white space. Instead, it makes clever use of colors and symbols to convey its message. In this logo, letters ‘S’ and ‘Y’ have been twisted to create entrance and exist arrows. In addition, the logo features yellow and green colors to symbolize a satisfied customer and healthy food respectively. Thus, the logo represents that Subway speedily delivers healthy food to even the busiest of souls who are always on the move.

Ensure Simple Designs – No matter what you do, try to keep your logo design simple. Don’t overdo the design in your zeal to impress viewers. Instead, keep the design simple as simple and minimal designs are much more impactful. If you check out the world’s best company logos and their meanings, you will find that most popular companies have logos that are simple and yet impress with their hidden meanings.

Some classic examples of such simple logos with hidden meanings include the logos of global brands such as Amazon, A G Constructions and Subway.

Your business message becomes effective and readily acceptable is it is aesthetically obscured in your logo design. There are in fact number of different ways to create simple, unique and durable logos with hidden meanings. If you’re looking for more examples of logos with hidden meanings, do well to check out Designhill’s new Interact Guide to Popular Logos and Their Hidden Meanings.

This amazing, interactive guide will entertain and educate you about some of the world’s most popular logos and the hidden facts, untold truths and unknown stories behind them. The interactive guide will provide you all the relevant information and inspiration about popular company logos and their meanings with the dozens of interactive inforgraphics, interactive data, entertaining videos, thoughtful presentations and a host of interactive white papers.

So, if you’re looking for an extravagant dose of inspiration and create an inspiring logo with hidden meaning for your company, do well to check out the Interact Guide to Popular Logos and Their Hidden Meanings.

Tips to promote your business locally

Online businesses are growing with the passing of every single day. But still there is large number of businesses that are operating on local level. If you are a small business owner or a startup business, then it is quite difficult for you to afford the cost of advertising as it is very expensive. This article is all about how to promote a business locally free or in a small budget in order to get more and more new customers.

Online Presence

According to a survey, over 95 percent of people search for a local business online. So it is necessary for every business to have its online presence whether you are an online or offline business. The online presence can be through a website or listing your business on major search engines such as Google, Bing, and Yahoo, etc.

Local Business Directories

A business directory is a useful tool to promote your business. Business directories are updated every year and a large number of people have subscribed these. Keep your business details always updated on business directories.

Printed Materials

Making your business popular locally can also be done through distribution of printed material like pamphlets, brochures, flyers, postcards and others at places where a large number of people are gathered at once. It can be outside hotels, libraries, cafes, tourist spots, etc.
Public Events

Public events are being organized every day where masses are gathered. You can promote your business in those public events by yourself or appoint someone else to do that. You can carry out demonstration of your products and services at public events and collect information about potential customers.

Press Release

Publish a press release once in a month in the local newspaper as most of the people read newspapers. The press release can be of anything such as launch of a new product or service, getting a new client, increase in sales. The press release does not need to be a big news as it is just for making your presence felt to the people.

Promotional Offers

Giving discount to existing customers can bring a lot of new customers. A business owner has to cut down on profit for offering discounts. It is an excellent way to promote your business.

Word of Mouth

Most of the people believe in recommendation of their friends and others known to them. It is important for a business owner to build trust amongst their existing customers so that they suggest your business to their friends. There is nothing better than a word of mouth advertising.

Useful Tips for Starting ACarpet Cleaning Business

No matter what kind of business you do, it is important that you make a most suitable and perfect strategy for getting the success. If you are providing the services such as carpet cleaning to youronline customers it becomes important for you to make a good online presence so that your customers can find you easily. They should know about all the things they are looking for and find about how your services can prove to be useful for their requirements.

There are so many things that a business owner should do for building a most reputed business.One cannot afford to do any sort of compromises in their business. People usually misunderstand the meaning of strategy planning because they just think that doing things in the general way is enough and not doing any mistake in business is just like following right strategy. Well, this is very wrong thinking and here I am sharing with you some tips that will help you to understand the meaning of strategy planning and then you would be able to make your business a most successful one with minimum effort requirement and you would be able to achieve success in such a short period of time that you cannot even imagine.

First of all, you should understand that strategy planning is most important thing for every business. It is like making a map for any path so that you would not get lost in the way. Making the right strategy plan will allow you to know what you have to do at every step of your business and you should take the professional advice on this matter. Or, you should at least do lots of research about upholstery cleaning Newport Beach Cabefore making the strategy.

The strategy that you will make for your company should be suitable for it. You would not need to analyze only the market preferences but also your own company’s needs. The strategy planning would be incomplete without both researches and doing research about your market and your company will allow you to make perfect strategy which will lead your business to higher levels of success.The efficiency of services should be higher preference if you want to make your business adorable and admirable for your clients. You can get many clients from the advertisements and other sources but no one will last for long time if you will not satisfy them with your efficient services. So, make sure that your services are professional and highly customer satisfactory as well.

Don’t provide any service in which you cannot offer higher level efficiency and professionalism. And most importantly, for all new business owners, it is really very important that they reach to the clients thru advertisements and other general sources. There are so many competitors in this industry so if you want to achieve success then make sure that you are visible when customer searches for upholstery cleaning Huntington Beach Ca requirements.

4 Tips To Change Your Business Scenario Completely

In this customer focused business environment, it is very difficult to make impact among your targeted customers and to boost your business growth. Various business organizations are fighting a hard battle to make significant gains in terms of sales revenue and customer traffic. Until and unless, you are unable to grab the attention of your targeted customers, you can’t make any significant progress in terms of market capitalization and profit margins. Here are some of the golden tips that can help in transforming your site visitors into your potential customers and can easily change the business winds in the favor of your business organization.

Pay adequate attention towards your customers- Remember you are doing business for your targeted customers so they need to be in the loop while launching new product, changes in your website designs and other such crucial decisions. The habit of being self obsessed with your business activity and neglecting your customers can cost your organization dearly in terms of sales revenue and customer traffic.
Make efforts to address their issues and challenges- Customers are the real king maker in the present business scenario and hence they need to be treated royally. Business organizations need to pay proper attention towards their issues and concerns so as to retain their good will and loyalty towards your business organization. In order to have better understanding about the challenges posed to your customers in the entire process of online payment, business organizations need to take the help of various heat map based tools that can clearly depict the areas that are grabbing maximum attention from the customers and the areas that are generating the least number of attention from them.
Aim towards providing a user friendly site experience- Your site should offer an out- of- the- world shopping experience to your site visitors and should encourage them to make online purchase through your e- commerce store. The customers should not feel getting stuck while performing any crucial activity on your site and the navigation around your site should be an easy cake walk. For this, you need to carefully select heavy graphics, non optimized images, media files, plugins and other such features so as to keep your site loading time upto 2-3 seconds.
Work towards generating leads through effective online visbility and website design- Websites are created with the basic purpose of generating leads for your business organization and to improve your conversion rates. It is a long continuous approach and requires combined efforts in the direction of improving online search rankings, social media promotion, appealing website design and other such factors. In order to improve your online visibility and presence, business organizations need to pay adequate focus on keyword specific content, effective backlinks towards your site, PPC campaigns and other such approaches. Further more, various attention heat map tools can be used to remove any bottlenecks and challenges in the website navigation so as to provide user friendly interface and an appealing and inspiring website design.
Once, you can pay effective emphasis to all these factors, you can easily drive customer traffic towards your business organization. By addresing all these core issues, business organizations can clearly achieve huge customer traffic and sales revenue so as to emerge victorious among their business rivals.

The Best Tips For Building A Successful Home Business

Utilize social networking to the best of your abilities and then some. If you aren’t using social networking within your home business, you are losing out on a great communication method that is used by countless businesses today. Social networking improves your communication, visibility, and even your reputation within the target group you have chosen.

Running a business from home can be a double edged sword. You could blunt the blade however by accepting that even though you are running it from home, it is still a business. This will prevent you from being lackadaisical about it, and ultimately running it into the ground because of that.

When you’re running your home business, don’t let yourself become overwhelmed by your email. When you receive inquiries about your business, respond to them immediately and mark this progress somewhere. Keeping files of correspondence also makes it significantly easier to refer back to discussions had with customers. You’ll thank yourself for being organized later.

Never underestimate the power of freebies. Your products should always be delivered on time, but also consider what goodies you can pack in your shipments as well. Free promotional items or other goodies will entice customers to come back. It is also a testament of your dedication to your customer’s satisfaction.

Potential investors will question you about how you plan on setting up your business and how you will plan to run it. Use the money you have available right now to your advantage.

Running a home business may be challenging, but that doesn’t mean it’s impossible. Many people successfully work from their homes every day. Now that you’ve finished this article, you should have a good idea of where to start to make your own home business successful. There is plenty more information out there though, so if you’re not confident, keep looking!

Tips On How To Start A Home Based Business

It is a typical American dream to own your own business and to create your own successful career. Home businesses are more possible than ever and there are more chances and ways to make your mark in the business world from your own home. This article can help you along the way to your own home business.

Register your home business with your local chamber of commerce. Sometimes it’s hard to advertise a home business inexpensively, but you can become well-known in your community by letting your chamber of commerce know where you are. People looking for your type of business can inquire and get helpful information, which will help you also. And it won’t cost you anything!

Create a flier for your home business. Promote your company by sending the flier out to others and posting it in different locations in the community. You can also scan the flier and put it up as an attachment on your web page. Each of these steps will increase the visibility of your business.

It is important to set boundaries. They are crucial for those who work at home. Everyone in your life will need the boundaries, your kids, spouse, neighbors, clients, or anyone else you work or live it. These people need to know when you are working, when you will return e-mail, and when you will take phone calls, or when you are not. The better you are at setting and enforcing the boundaries, the more efficient your business, and your life will be.

Make sure your family understands that you are working. Many home based business owners have families who ask them to run errands, without being aware that working at home is still working. Have a talk with them about what you are doing and what kind of support they can give you. You’ll have a smoother day when you can work in peace.

Create an online store to sell your handmade items that you have traditionally sold only to people in your region. The internet is a way to bring your products to people around the world. It is an easy way to create a real store without the investment of a physical store front.

Buy a web site that has ecommerce capability. Before you buy, decide whether you want to hire someone else to build your site or do it yourself. Many services offer a web site domain and hosting package, with tools to help you build your own site and load a catalog of products to sell.

Invest in a toll-free number for your home business. An 800 number makes your business look larger, established and professional to customers. It also gives you a way to separate business calls from personal calls so you can “turn off” your business at the end of the day and make time for family.

Have made or make a banner and logo for your business website. Carry this design through on your business cards, stationery, post cards, and fliers. Use an online printing service that allows you to upload your own artwork or choose one of their default designs. Just add your text, select the products you want and create your business brand.

Keep a mileage log for your business driving. With a home business, you might find yourself driving to meet clients or suppliers, delivering orders or traveling to boutiques and trade shows. The IRS allows a write-off for business mileage, at about 34 cents per mile. That adds up! Check IRS.gov for the current year mileage allowance.

You can claim as a deduction the cost of meals for clients, but it is best if you can show that the clients you are entertaining are really paying customers of your business. Auditors understand that meals at restaurants can be a good way to attract clients, but they are more likely to feel the write-off is justified if the clients you take out also bring you substantial revenue. Keep all receipts.

As revealed at the start of this article, home business are an American dream. They are the very thing that American success stories are made of. Who wouldn’t want to be their own boss? By taking the advice in this article and putting it into action, you too can be one of those home business success stories.

 

Tips On How To Organize A Home-Based Business

While a home-based business may sound like a luxury you simply can’t afford, there are actually many considerations to take into account, other than the short commute from your bedroom to your home office. Just like any other job, a home business has its benefits, as well as its drawbacks. The following article provides you with all the information you need to decide if a home-based business is for you.

To make sure you aren’t paying more than necessary for your car insurance, be sure to ask about discounts. For example, some drivers might be eligible for reduced rates for passing a defensive driving test. Students can sometimes get discounts for good grades, and seniors who drive less can also get reduced premiums.

Once you’ve decided on a product to sell, do your homework and check out your competition. Look at their prices and study the quality of the goods that they are selling. Make sure not to price yourself out of the market, and figure out how to deliver the best value to your customers.

Set up an advertising and promotional item budget for your home business and make sure you stick to it. Advertising, free products, printing and more can add up quickly. When you stick within your allotted budget, you help your business stay on track. Your budget will grow over time and you will be able to spend more money to promote your business down the line.

It important to have a support network in place when you’re running a home business. It can be a good idea to set up your own home business network to easily communicate with other businesses. The people may not work in the same industry, but you will have one thing in common, the motivation and drive to have a successful home based business.

Join home business forums and discussion groups online. This will allow you to network with others in your field and spread the word about your business. You don’t know where you can make a sale or what the right contact can lead you to.

You should know the product you are selling. Study it, inside and out, before you try to sell it. You may also want to test the product out so you know what it does. This way you will be able to describe it to your customers in a knowledgeable way.

You are likely going to need additional insurance to cover your home business. Check with your insurance agent to learn if there is any insurance that is required by law or that will protect you from any kind of financial fall-out if anything negative was to happen. Your agent will be able to help you or send you to a company that can.

If some people are still using old-fashioned checks to buy your products, deposit them immediately after receiving them. Make a deposit every day instead of having cash around. Always deposit your checks as soon as you get them. Whenever convenient or possible, do your deposits through a human teller, instead of a machine. This helps money go into your accounts without issues.

Do not fall prey to all of the ads that promise you that you can make millions from doing a business within a few weeks. They are not realistic and you would be setting yourself up for disappointment. Understand that you must work hard and stick with it in order to make anything and that the harder you work the more you will make.

From finding a product or service you can market to working around your family’s schedule, starting a home business poses many challenges. However, the perks make it an opportunity well worth considering. The tips in this article can help you decide if working from home offers more pluses or minuses, for your particular situation.

5 tips to choose the best business lawyer

For many business professionals, hiring and working with a lawyer can become an intimidating process. There are only a few resources available for finding great lawyers for small business firms. It is also difficult to know how to make the best use of a lawyer to ensure that the desired results are obtained. Knowing what is needed from a lawyer is an important step that helps to find a great lawyer for any firm. Hiring a lawyer can become a costly endeavor but in the long run is highly effective in solving disputes that may have cost much more if not handled by a law professional.

There are certain understandable doubts which come along with the process of working with a professional business lawyer. The value of having a lawyer on your team is indispensable in today’s world. Entrepreneurs who struggle on a regular basis to move their business a step forward should consider working with a lawyer who may be able to help their business reach that next level.

A well trained business lawyer will support their clients business efforts and prevent the firm from incurring any losses by minimizing risks and ultimately allowing a larger profit to be generated.

Before hiring a business lawyer for your firm, read the following tips which will help you to hire a quintessential lawyer and achieve your business goals.

Understand what you are paying for. Sit and discuss with the lawyer about how he will be assisting you in making your firm stand out among others.
Ensure that the lawyer has experience. Having more experience ensures that the lawyer has more knowledge on laws regarding business. A solo practitioner who has worked in a large law firm is a great option to consider. This way you will be paying the fees as per the rates of a solo practitioner but will be reaping the benefits of the big law firm experience. There are several lawyers out there who bring big law firm experiences to small start-up clients.

Be cautious of a lawyer who actively solicits your business. If a lawyer contacts you and expresses desire to work with your business, proceed with caution as they may not be the best lawyer to represent your firm.

Check out the lawyer’s previous records. Consult with the state bar association to ensure that the lawyer you are planning to hire has not been the subject of any ethical complaint.

Research the wide ranges of options your lawyer can provide you with. Suing is not always the best option, although it is widely used. It is important to discuss with your lawyer what other options there are. Look for some other options a Palo Alto Business Lawyer can offer, such as arbitration or mediation.

These are five important tips you should consider before hiring any business lawyer for your firm. Get started in finding a lawyer today and make your business the best it can be.

Transform Your Small Business Into A Lucrative One – Use IP PBX Software

What is IP PBX Software?

Thus enabling businesses houses reduce their long distance communication expenses and also manage their intranet efficiently by having a single network for voice and data. The software also allows the addition of other functionalities like- conferencing, XML- RPC (Extensible Markup Language- Remote Procedure Call) control of live calls, IVR, TTS/ASR (Text to Speech/Automatic Speech Recognition), PSTN (Public Switched Telephone Network) interconnection ability support digital and analog circuit, VoIP protocols including SIP (Session Initiated Protocol) and others.

Benefits of IP PBX In Small Businesses:
Small entrepreneurs do not have the capital or the capacity to employ enough customer care officials to handle their customers’ queries. IP PBX can help them solve this problem as well as reduce their phone bills to a large extent.

IP PBX helps in managing and switching calls, route calls and handles other messaging. The business house can use its own LAN connection to connect to IP PBX phone system. Therefore the signaling distance and time is shortened and does not have to travel through other networks.

Using IP PBX with VoIP routing lowers average operating cost especially for systems with large number of users.

Tech savvy and people having experience with network are more comfortable with IP PBX software. It’s easier to install than proprietary phone system. It’s user friendly and allows changes and addition without any complication. It also supports movement without any change of connection
Unified messaging and integration with work application like CRM packages can help business performance.

Branch offices can use the same system through an internet connection and employees can use the IP PBX as an extension at their homes by having a compatible IP phone.

Tips To Keep In Mind While Selecting IP PBX for Small Business:
Small business owner should always compare the cost of a hosted PBX and on-premise PBX system.

Always consider the real cost of ownership. Though the ‘on-premise’ PBX system needs a large amount of initial investment, it gets absorbed within a year in contrast to the steady cost increase with hosted PBX.

The ‘on-premise PBX system’ gives greater flexibility on features and functionality; whereas ‘hosted PBX system’ features are bundled for which the service provider charges a particular slab.

Customization of the on-premise system can be handled by any IT professional at the office but you need to depend on the service provider for the maintenance and management of a hosted PBX system. Advanced customization is not possible with latter system; therefore the former would be better option.

A ‘Session Border Controller’ (SBC) device to improve data quality will increase the system cost considerably as well make it complex. Small business houses should therefore evaluate the hosting cost before installing an IP PBX in their office. If they do not have a well trained IT staff it’s better to have the hosted IP PBX and allow the vendor to manage the support work.

Therefore using a VoIP routed IP PBX is very essential today for the growth of small businesses.

Unlimited Web hosting for small businesses


Unlimited Web hosting for small businesses

When it comes to choosing a web host is set to be one of the biggest problems best free web hosting and cheap web hosting domains.

The word freedom is always tempting, but not all organizations. If you are serious about making money with your site or you have small business, it would be to your advantage to get your site payment platform independent custodian. While Unlimited Web hosting for small businesses is very popular, but consider the fact that the realization of their sites on the Internet for free will not responsible to you in any way. The case has frequent stops, as well as some free web hosting packages with slow connections. The worst may be room you had worked to build and host may just crash, all your data in them will disappear without you having any means of retrieving freely.

Apart from the fact that the company is not maintained to provide any eventuality to your free web site hosting web load, this is crucial, you know, search engines do not like this free web hosting site primarily because they think sub domain. Search engines will start their crawling from the root directory of the main site and normally ‘spiders out’ through a link on the home page. This means that there is the possibility of hosting your free website ‘upgrade’ engine robots Search are very small. This will be the largest network exposure for your site.

If only exists on the Internet, the “small” position is your goal, then you can consider a free web hosting, but if your idea is to make money Unlimited Web hosting for small businesses, it is better to get cheap web hosting. Cheap Web and from less than $ 4 per month, giving you the independence to do what you want your site based on your chosen package hosting restrictions. This is a free web hosting, you need not take place in your website and what is the size of the space and bandwidth have an impact, the principle is used.

If your budget is low, you want to have your site now, you better consider cheap web host instead of a free web hosting. I Strongly suggest Call4Hosting for small business where you get cheap web hosting plan, you must upgrade to what you want increasingly complex options anytime hosting package.

For example, if you find an accommodation price visitors to your site more and more, you’ll have to do is ask your Unlimited Web hosting for small businesses company to give you more space and bandwidth. You will be asked to pay this money to upgrade is usually small.

Hire Small Business Accounting Services And Manage Your Finances In The Best Way

Small business accounting services provide an affordable way to keep your firm’s monetary information up to the minute, track your assets and costs, and retain tax compliant year after year. While at a look, the expense floor shrinking an accounting service seems huge, you should take the time to consider the expense of not utilizing one.

An important service

Unless you are a chartered accountant, you, as a small business owner, do not have the talent to handle your own monetary statements and reports. If you are a financier, you do not have the time to handle these jobs as it takes you away from your most essential duties, which are those that are straight away associated to producing revenue. But, your accounting is not a bureaucratic task that can securely bee brushed away under a cover: your books, bank balances, and monetary reports must be kept up to the minute for the interest of the health of your firm.

Your choices:

With this in mind, you have some choices, you can rent someone, you can engage in your own accounting or you can hire a firm that provides small business accounting services. We have already said that performing your own accounting is not a viable choice for the long term; however you may consider bringing in your own long-lasting accountant. This will be an expensive job, from the day you publish the advertisement until the day you write his first salary check, and pay for the advantages and unemployment insurance.

Using online small business accounting services puts able, able experts at your beck and call, at a normal rate that you only pay when you have a requirement. This suggests that if have a week during which your firm actually needs a few ledger eateries, you are not paying a full time pay so your cashier can find few tasks to do.

What they provide?

When you search for small business accounting online, you will desire to get a firm that provides a wide array of accounting services. These should embrace income statement generation, chasing outstanding and receivables, handling the usual ledger, and month end, quarter end, and year-end study and coverage. An established service will employ certified accountants who can also offer budgeting and tax suggestions depending upon on your firm’s revenue and cost activities.

Software

A huge component of your expense saving will be the software utilized. A competent business accounting services firm will make use of a top of the line software package such as Quickbooks. By contracting a firm like this, you are clearing yourself of the requirement to buy the software or train a staff how to utilize it. A package like this is costly, and you want to be aware of that your financier is a champion at utilizing everything it has to provide. Small business accounting services comprehend this and they offer the required training and continuous education to their staff and contractors to make sure that they can utilize the software to make the most of your firm’s assets.

Accounting Mistakes That Can Put Small Businesses At Risk

Accounting is an integral part of any business and it is not simple and easy like addition and subtraction. Most of the time small businesses think of saving some money and doing their accounting themselves- but this is not the right idea they have developed. Any accounting errors can cost the company to a major extent and can hamper the growth of a business. Small business owners make major mistakes during their initial years of set up with accounting, so along with other tax services Mississauga, business plans Mississauga, they also need accounting services Mississauga.

Here are some common mistakes that small business owners make and must avoid at any cost:

  • The primary mistake that small businesses make is doing everything on their own. As they are new entrepreneurs, they are filled with passion and the desire to work. This leads them to think that they can do everything on their own and manage every aspect of the business. Maintaining account is important as with time, they grow, but it is also time consuming. Learn to delegate and save valuable time. Hiring an accounting professional is the best method to get much needed aid.
  • Small businesses have the tendency to go for the cheapest methods to save any costing money or business expenses. This clearly means that when hiring a professional, the companies to choose hire a professional with lower rates. Without thinking, this decision can be a major mistake, as a professional with low rates may lack in experience and skill. This will lead to more mistakes in work and more cost. Spend a little extra and get quality work done.
  • The difference between profit and cash flow is quite confusing for many. Cash flow is the money that flows in and out of a company from financial activities, operations and investments. Whereas, profit is the remains from sales revenue, after the company’s expenses are deducted. Keep a track of expenditures; review your monthly statements to understand the condition of the business.
  • Mixing personal finances and business finances is another mistake companies make. Open a separate bank account or your business and run all income and expenditure through this bank account. Keep a record of all the expenses you do, as they may be tax deductions.
  • A backup is a source of keeping the important data handy. Most new companies do not bother to keep a backup of their accounting data. In case of natural calamities or technical difficulties and crashes, this can lead to major data loss resulting in loss of money and time. For maximum security, multiple backup is necessary. Keep them in encrypted format for added security.

Small businesses should use cloud technology to keep their data handy and ready for instant use. They should also perform regular backup for their data. Routine backups of the financial data can save time and business from disasters.

Why small business owners choose credit card processing for their business?

There are many companies who already use different card processing facility to their clients. But presently, there are several small companies who implement this processing system to their business. It has gained importance and popularity both. Still, numerous business owners are resisting, concerned about blunt costs and hesitant over how to obtain in on the trend. A business owner should know the importance and advantages of this process. So, they will utilize this process for their business.

Importance of credit card processing

If you are a restaurant owner or the shopping store owner or any other small and medium business owner where daily cash transaction is occurring, then you should buy credit card processing machines for your business purpose. It will make your customer happy and they can buy more products from your store. If you have this process, then you customer doesn’t need to carry cash and they can easily transfer their money from their account to your account using this machine.

There are several online stores, which provide different kinds of credit card processing machines to their customers. You can choose a machine as per your need and requirements. Credit cards being the newest in payment mode have produced a whole new habit in the business world. Today, both the traders and the customers are making sure that they cash on the credit card processing. The fact that credit card processing creates a great blow in business also implies on small trades or business. Even a trader or small business owner can enjoy the lavishness and the advantages offered by this novel tool of business.
This processing system is the best for the small and average traders. While a large business operate credit card processing to put into its status and reputation, a small business can also do the same. But you have to choose a company very carefully. Due to the tough competition in the market, each and every online e-commerce site provides attractive offer and discounts to generate more sales. Now, you have to choose a machine as per your requirement. Before purchase any product, check the size and features properly and choose a machine that suit with your requirements.

Overview about the credit card process

A credit card processing means a process through which people can transfer money via electronic device to a customer’s account. If you want to pay something, you can swipe the credit card or debit card through the credit card machine and a customer’s gets to pay for her or his shopping directly from its account. This complete procedure creates credit card a requirement for clients and this is where a small business can create benefit easily.

A client also is inclined to think of the business or business owner as secure and reliable to deal with. It also provides a strong security system. So, business owner and a customer can safely transact money after purchasing done. Choose an online website properly and install this superb facility for your business.

How to Make a Small Business Famous on the Internet

The days when getting traffic on a newly launched website was so easy, are long gone now. Today it is very difficult for small businesses to get traffic with a limited time as well as budget. This is the main reason why the small businesses become a victim of black hat SEO and up penalizing the websites.

The big question today is,

How small businesses are going to survive in this complicated web of SEO, social media and off-page marketing?

The answer is implementing a few strategies that are correct in order to do SEO, SMO, and other sorts of online marketing. Here are a few of the strategies needed to be done to get a maximum amount of traffic on the website.

1. Claiming Local Listings

Local SEO, a process using which websites are optimized to rank in the top of SERP in the local search. Local SEO is very important for small businesses as they can focus the geo-locations very easily. For claiming the business profile on local SEO, use Google my business. After that provide maps so that the customers can easily navigate to the final destination. Also, make use of the Click-To-Call feature on user’s mobile phones and ask the audience to give reviews so that the customers will read it and it will affect the local search rankings. Getting reviews from satisfied customers also helps in building the credibility of your brand.

2. Creating a Mobile-Friendly Website

Mobile is the source of local searches. It has also been proved that number of mobile searches has outnumbered desktop searches in almost 10 countries. Also, after mobilegeddon, the businesses should seriously think of responsiveness otherwise get ready to face a drop in search engine rankings. From now on, make sure the template on which the website id getting designed is responsive. This is the main reason why taking web designing services from experts is always recommended.
3. Building Local Citations

Citations can easily be understood as mentions of the business on the web. The mentions can also be in the form of links including the address and contact information of the business.

4. Be active on all social media platforms

Social media is the biggest tool for getting famous online. Therefore, create a business account on Facebook, twitter, Google +, Instagram, Slideshare, LinkedIn, and other. Instead of focusing on only one, pay attention to all and see a drastic increase in the number of online traffic.

The Bottom line

The list mentioned above doesn’t to here, a lot more is there to add. There might be some strategies that work even better for you. Do share them within the comment section. If you are also a small business and are looking for affordable digital marketing services to increase traffic, then contact us. You could also state you opinion/issues in the comments below. We’ll definitely revert.

 

How To Select Small Business Marketing Consultant For Proper Tips And Advices

Starting a business might turn out to be a daunting task, if you are not aware of the changing rules, in the market. If you are a novice in this field, it is better to take the help of a reliable Small Business Marketing Consultant, for your help. Now, when you have made up your mind in choosing a consultant for your firm, you are likely to come across thousands of options, online. Choosing the reliable name among so many is next to impossible. In order to make the impossible work possible, you need to be aware of the points, first.

Tips on choosing the best market consultant

It is a known fact that small business consulting and coaching is works of skilled professionals. It needs a lot of educational means and practice while mastering the skill set. Therefore, you need to choose the best Small Business Marketing Consultant, after taking a look at his working experience and knowledge, associated with this market field.

As small consulting service is not regulated industries, therefore; anyone can claim to be an expert. Thus, you need to choose a professional, after taking look at his working lifestyle.
You need to be aware of your business size and try to select a consultant, accordingly. Some business coaches primarily specialize in small business executives, where the number of employees is not more than 100. On the other hand, some other companies are going to offer coaching services for solos entrepreneurs and business owners.

You need to choose a reliable consultant, who can work on both businesses and coaching grounds. They are well acquainted with Small Business Marketing Servicesand can offer you advice on the latest trends or the upcoming ones. They can help you to create a solid marketing and business model, and implement a stronger action plan.

Reliable professionals have proper marketing skills along with planning skills and business strategies. Moreover, they can even help you to focus towards good time management services. The business coaches must be well accustomed with the marketing skills, of the same genre.

Learn and check the testimonials

Apart from learning the present consulting skills, the reliable coaches can easily learn a new business tricks and skills, associated with Small Business Marketing Services. Moreover, do not waste time and check the testimonials of the coaches, presented by previous client base. Reliable professionals are going to offer you with additional offerings and free consultation services. Thus, with these points, choosing best business consultant is a piece of cake.

Manage Your Small Business Effectively

Finance is an important element for all business to take decisions. A company’s growth can also be determined on the basis of the financial growth of the company. Therefore the accountant plays a very crucial role in the company. They should have expertise and in depth knowledge about finance related matters. There are many financial software’s also available to ease the task of accounting. The financial management of the business can also be outsourced to the professionals having expert knowledge in this field.

Small businesses can manage their own accounts. But they should have knowledge of the following accounting concepts

Cash flow projections: Small businesses should record all transactions related to expenses and incomes. They should also be able to the projections for future expenses and incomes. This will help them to monitor their cash and inventory and will help in taking decisions.

Bookkeeping and accounting: A small business owner should have the basic knowledge of accounting. Even if they hire an accountant it is necessary to keep a check on the accounts to ensure the growth of the business.

Marketing Expenses: Marketing is the key to the growth of the business. Proper marketing strategies adopted by the company can work best for small businessmen to increase their revenue. Marketing expenses should also be monitored and unnecessary expenses should be avoided.

Credit: Small businesses work on credit basis. The business owner should have complete knowledge about the credit terms and conditions about its clients. He should also frame his credit terms and policies and convey to their clients.
Savings and investments: Investments are necessary as the small business can earn interest n investment. Investment can be made in stocks, bonds, cash deposits etc

Payroll: Small business owner should have complete knowledge about the payment terms to its employees and staff. The payroll process should be streamlined and followed appropriately. Taxes, medical leaves, annual leaves, LOP’s, Provident fund etc should be considered before deciding on the payroll of its employees.

Points to be considered for smooth financial management for small businesses

Calculate the minimum cost of living: Small business run on small scale hence it is necessary to estimate the profit that can be earned from it so that some amount can be saved after removing some cash for daily expenses.
Hiring staff: Too many staff can only add to the expenses of the company. Unless it is necessary do not hire additional staff. Small businesses do not require too many staff as the business owner has to manage many different activities and departments of the business.
Credit: Do not take unnecessary loans and credit in the name of the business. This will add burden on the business. The business owner should take loans only when needed.In this way they can save on many things.
Negotiate: The business owner should negotiate the credit terms with their vendors. Working n credit basis is beneficial to the small business owner as they can utilize their money until the grace period

How To Apply For A Small Business Internship

Create the Ideal University Graduate Resume

Just over one and a half million American university students will graduate this year. A percentage will leave without any work experience, but some will begin their post-university job hunt armed with a comprehensive resume. Some graduates will apply for an internship with a small business, mindful that internships often lead to full-time employment.

A good resume should catch the reader’s attention and create a great initial impression. A prospective employer will find it difficult to ignore an excellent resume.

A career expert knows how to form a compelling resume for a recent graduate with some work experience, so what type of information should the ideal resume contain?

A Link to your Professional Profile

Every resume will differ depending on the graduate’s skills. But, the resume should have a link to your professional profile. All graduates should ensure they create at least one online profile and those who work in creative fields should also consider forming an online portfolio. Naturally, the portfolio should contain a backlink to their personal information. A small business internship Melbourne is the first step on the employment ladder, and internships give graduates the opportunity to earn whilst they learn.

Write a Professional Summary

Many American university graduates are tempted to use buzzwords in their professional summary; however, small business recruiters consider words such as “motivated” or “proactive” as fluff. Avoid telling a prospective employer that you are an excellent team player; tell them about the tactics used to make your team successful or how you were acknowledged for your worthy voluntary work. Internship placements are limited, but internships are perfect for graduates looking to further their career.

Enter your Score

Include your examination score in your entry-level resume. Fail to enter your score and you will be asked about it during the interview.

Avoid Mentioning High School
Employers are not interested your achievements prior to university. Any small business employer will be keen to offer an internship to a dynamic graduate. Highlight your recent accomplishments, activities, work experience and other personal accomplishments. Focus on any aspect that supports your job application and hunt down the best graduate internships.

Include Details of Course Work

If you are a job seeker who has completed an internship or any other extra-curricular activities that demonstrate your marketing and sales skills, there is no need to note you have studied the “Principles of Marketing” or taken an “Introduction to Communication”. A small business employer will look at your degree in communications and take this as read. However, students who have no experience of internships should include a list of courses they have taken.

The Use of Pronouns

A percentage of students feel it is right to personalize their resumes, whereas others refrain from using pronouns such as “me” and “I”. Experts state students should avoid using pronouns or referring to themselves in the third person. For example, “He is a recent graduate” or “Shane is seeking the opportunity to”.

Using Action Verbs to Describe Roles and Responsibilities

Look at the example listed above and note that each begins with an action verb. The words fail to mention Shane’s accomplishments. Graduates may have few major achievements or contributions to add to their resumes, but small business employers like to see the use of action verbs. Good action verbs include developed, built, created, led, improved and managed.

There is no need to include a List of Referees

Graduates seeking internships feel bound to state that references are available on request. However, an entry-level professional is allowed to create one page of resume real estate. Add this information and you waste valuable space. If you are invited to attend a face-to-face interview for an internship the small business employers will ask you to provide references.Small Businesses

How can a CSR and small businesses can assist in setting up a foundation for learning and education for poor people?

Today, organizations are concentrating more on Corporate Social Responsibility, which is a way by which companies deal with its environmental and social impact. Corporate Social Responsibility (CSR) has now become an integral part of every organization’s mission. Corporate Social Responsibility programs help benefit society and facilitate a corporate organization’s public perception.

Corporate Social Responsibility (CSR) means the voluntary actions carried out by companies to integrate social and environmental issues in their business operations. The foundation of CSR lies in philanthropic deeds such as donations, charity, relief work, etc. CSR is a popular theory which has become fundamental to several large and small companies around the world. This model aims to provide donations, long-term financial and non-financial support to tackle social problems around the world. Since NGOs have strong potential and experience in handling such philanthropic activities, they are viewed as being one of the significant sources of funding. There are different companies which work towards setting up a foundation for learning and education of poor people by partnering with non-government organizations (NGO’s) to make a difference among local communities.
Corporate Social Responsibility is a kind of self-regulation that organizations implement as an element of their corporate ethics and citizenship. This strategy encourages businesses to build up means to monitor the public’s social awareness. The objective of Corporate Social Responsibility is to promote the company’s actions towards the positive impact of consumer, community and employee responsibility. Organizations concerned with social responsibility often take voluntary actions against the event that could cause harm for the public, regardless of whether they are required by law. For instance, a business might introduce a hazard control program that consists of steps to guard the public from exposure to hazardous situations; through education and awareness.

Many CSR activities focus on promoting education for underprivileged people, by monetary investment and personnnel involvement in academic institutions with the purpose of assisting students in their studies. Corporate Social Responsibility programs assist the community and also display the veracity of businesses that make community partnership a main focus. CSR includes handling a gamut of social activities from charitable contributions to producing services or products that benefit the environment.

CSR assists to help deprived children with education and skills to help themselves and grow up as responsible citizens. The key idea of CSR is to employ the specific percentage for public charity in order to safeguard and support the lawful interests of the society in such a manner that the rights and privileges of the people are protected.

4 Simple Christian Business Ideas

The Internet is a great place to look if you are looking for ways to make extra money and be true to your Christian faith. It is easy to start a business from home and run it if you have enough Christian business ideas to choose from. In this article we are going to give you four quick, no cost, ideas to help you get your creative juices flowing.

1. You can create products of your own and sell them online. For example you could write informational reports and sell them on your own website. You could also write ebooks that specifically target problems that people have in their everyday lives. You could include your own ideas from a Christianity point of view in these ebooks.

2. If you are a creative person that likes craft you could create and sell Christian crafts online. You could do this out of your home and do it on either a website or a blog.

You can run this business out of your home by manufacturing or creating the crafts and then shipping out the orders as they come in. If you are unsure how to go about marketing your business you try and find a partner to do the marketing on the internet and split the profits with them.
3. Blogging is big business online and something you could do to make money. There are potential business partners you could work with by Google searching the words Christian blogs. An easy way to make money blogging is to join the Google Adsense affiliate program and include these on your blog.

A fast way to do that is to start a blog for free with Blogger.com. Google owns blogger therefore getting approved for their affiliate program is much easier. You can also find products to sell on your blog as an affiliate at websites such as AssociatePrograms.com and CJ.com

4. You could start and publish your own Christian ezine. An ezine is an electronic way to send email in a newsletter format. You can hire writers to write content if you do not enjoy writing. As your subscriber base increases you could sell advertising in your ezine and use it as an income stream.

These are four simple Christian business ideas that we can think of right here. There is an unlimited number of ways to make money on the Internet and still hold onto your Christian business values. Find one you like and start today making money in a Godly way.

At Home Business Ideas for the Handicapped or Disabled

As of March 2009, the official unemployment rate for disabled Americans was 13.2%. If you are one of the many who want to work and are looking, consider starting a business from home in this forgotten niche.

The best home based business ideas begin with knowing your niche. If you are one of the many handicapped people who want to contribute, remember, you have certain skills, life experience, interests and values that others may not have, so finding your niche is going to be much easier.

Here are the 10 best home based (handicapped accessible) business ideas you may want to consider:

If you live in a large home and love visitors, this is a ready-made, handicapped accessible business to help the disabled get out there and travel. A great work at home business.
I know so many people who would like to go away for a weekend but have no one to leave their pets with who will love them as much as they do.
Jewelry Designer – Did you see the Oprah show about 10-year-old Shiloh Peppin who wants to grow up to be a jewelry designer? Her handicap of fused legs will not stop her from the career of her dreams, nor should it stop you.
Gift Basket Service – The entrepreneur can design them at home to specific niches and mail them to buyers or make them available in local specialty stores.
See my website for more affiliate information.
Life Coaching – Who knows better than you what it’s like to survive and thrive with a handicap or challenge of any kind? So many people are waiting for your encouraging words.
Song Writer – For those with a love of music, why not write & sell your music for a living?
Or maybe your niche is spiritual music, rock ‘n roll or weddings.
Why not share your story with the rest of us?
You could speak at churches, community organizations, business meetings and even write and publish a book or EBook to motivate others.

If you were born challenged or experienced a life altering event and became handicapped or disabled later in life, and you want to work, you can and should.

Think seriously about starting a small business from home. These are just ten simple business ideas.

I know you can come up with more home based business ideas that are specific to your skills, values and interests. Here’s to your business success.

Business ideas for work-at-home mums

The business trend to outsource can be of great value to all stay-at-home mums who would usually be forced to take a break from their careers. Nowadays, parenting and working can be easily combined in one single place – your home. Here are some of the most interesting ideas for starting a business for stay-at-home mums.

Blogger

This is a great opportunity for those with strong opinions or captivating hobbies. Creating an online space for exploring the subject you’re interested in is very self-fulfilling and the technical side of starting a blog is a piece of cake these days. But how to turn you blog into a source of income?

First, you need to think about its end product – what exactly you will sell, who is your target audience and whether you’ve got enough to say about it all to actually write regular posts. Once you share something you’re really passionate about, you’ll be able to draw people to your blog and raise income through advertising.

Bookkeeper

If you’re good with numbers and quick to learn new software, consider bookkeeping. Today companies tend to use online accounting software and the demand for full-time bookkeepers considerably decreased. Becoming a freelance accountant, you’ll be able to provide your services for a reasonable price, gaining both cash and experience on the job.

Copywriter

If wordplay is your kind of game, you can substantially improve your household income by becoming a copywriter. Content marketing is expected to grow in the next few years – marketers will be in need of good quality content and what can be a better place to find expert writers than the web? As a professional editor, you’ll make your own schedule and won’t be constrained by anything other than deadlines.

Arts, Crafts and Decoration Business

If you’ve always felt the need to creatively express yourself, this can be the right moment to translate your talent into a viable source of income. From decorating cakes, homemade goods and handmade jewellery to graphics and paintings, the web gives you lots of options for marketing and selling your products.
Bridal Consultant

If you’ve got some time on your hands and are a precise and well-organized person, the job of bridal consultant might be for you. Many women find it hard to organize a wedding with their busy professional and home lives, so they’re likely to seek a professional guidance. If you love all things bridal, the job can be a great fit for your stay-at-home career.

Coach

If you like helping people to figure out the best paths for their lives and careers, consider becoming a life or career coach. This is a great job for stay-at-home mums, who can easily meet with clients without leaving the house. In order to become a coach, you might need some additional training in psychology and behavioural sciences – an online course will do the trick!

Business Consultant

If you boast an in-depth knowledge of an industry or a particular sector, you’re already on your way to become a business consultant. Knowing how to break into creative industries or having acquired years of wisdom on startup management, you can become the person who sells their knowledge to others.

To finish off, here are two tips that apply to each and every position described above:

Get and distribute business cards. It makes you look professional and helps other to remember you (and your service!)
If you can’t afford to have a website, set up a Facebook page or a tutorial blog, where you’ll show some behind-the-scenes footage on how to make some of your beautiful creations.