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Small Business Articles |
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| To Buy A Fat Pig |
| What does buying a fat pig have to do with your business? Stick with me and all will be revealed.
Does your business have a tactical and a strategic way to go to market? Let's go down to Mr. Hoover's butcher shop to see how it's done.
Mr. Hoover has been selling bacon and other pig products for years. That's pretty tactical, but can result in a good continuing income stream. A lot of customers come in week after week to buy their bacon and ham and pork loin, after all.
But Mr. Hoover wants to More.. |
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| Big Successes Never Happen Overnight |
| Treat your business as a serious, full-time business and be serious about making it work. Put your plans on paper. Neglecting to develop and follow a consistent marketing plan can be devastating to the growth of your business. Big successes never happen overnight. Market and promote your business everyday. There are subscriptions available that can assist in your conquest to success.
Continuous education is required for a business to stay ahead of the competition. There is a subscription that w More.. |
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| Solving the Late Paying Customer Blues |
| Nothing can drive a business down faster than customers who don't pay their bills as agreed. When you sell to customers on credit you are making an agreement with them. You will provide them with goods or services in exchange for their payment within the terms you agree upon. Period.
What I'm seeing more and more of is businesses using their suppliers as banks. Taking 60-90 days or more to pay a bill is becoming more and more common. I've seen some business owners shrug their shoulders and just More.. |
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| How to Raise Your Fees and Thrill Your Customers |
| Think the best way to get more customers is to have the lowest prices in town? Think again. Think the best way to create a successful business is to try to appeal to everyone? Wrong again.
The only good thing about having the lowest prices and trying to appeal to everyone is that you'll fail quickly and be out of your misery.
This is a really hard concept for many business owners to come to grips with. Small business owners can really struggle with pricing. There are tons of different approach More.. |
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| The Wrap on Ag Plastic |
| While driving through Pennsylvania farmland, you have probably noticed an increased amount of white plastic bundles stacked in lines or piles along farm buildings or edges of farm fields. Sometimes referred to as "marshmallows" or "long white tubes", etc. these objects are increasing in farmer popularity and represent a changing trend in harvesting of farm livestock feeds.
The feeds stored in these units are of a high moisture quality, and would quickly mold and spoil within 48 hours if exposed More.. |
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| Increase the Wealth in Your Community |
| Many of us have noticed how some nearby communities seem to be "wealthier" than other nearby communities. They seem to have more shopping markets, more restaurants, more choices; items often cost more in these communities than they do in surrounding areas, yet the affluence remains where the prices are high; people are drawn to these communities, bringing even more resources and more wealth.
The idea behind supporting local economies involves more than just agreeing with a concept, or voting in More.. |
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| A Day in the Life of a Self Employed Professional |
| It's Monday morning and Connie the Consultant sits in her executive office chair overseeing her business empire. Her desk is strewn with half finished projects, several weeks worth of to do lists (none of them completed), scribbled post it notes, and a permission slip for her daughter's field trip to the Planetarium that should have been turned in last week. Somewhere, buried deep in the rubble is Connie's business plan. The last time she saw it was during the Clinton Administration.
The phone More.. |
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| Explode Your Consulting Income |
| Here are just a few ways to increase and diversify yourincome from your consulting business.
1. Sell More Services to Your Existing Clients
Instead of spending all that time and money trying to get new business, why not try to sell more services to your existing client base?
If you are an accounting and tax consulting firm, forexample, you likely have clients who need some assistancein their record keeping and documentation. In addition toyour year-end tax services, could you provide monthlyb More.. |
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| Marketing a New or Small Business on a Budget |
| There are almost as many opinions and views on marketing as there are companies to market. The big names and multinationals will have an extraordinary amount of funding set aside in which to convey their marketing message to the masses.
The process will involve an inordinate amount of people, multiple marketing agencies, countless 'creativity' meetings and thousands of work-hours. From television adverts to full pages in the newspapers and glossy magazines, brand names and logos jump out at us More.. |
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| Six Sigma for Small Business |
| It is not surprising that some people may perceive Six Sigma as being only for large corporations. Major corporations such as Allied Signal, Black & Decker, Dow Chemical, Dupont, Federal Express, General Electric, Johnson and Johnson, Kodak, Motorola, Sony, and Toshiba have all rolled out Six Sigma efforts and achieved outstanding results. Yet, it is incorrect to think that Six Sigma process improvement results can only be achieved by huge organizations. Small businesses can also succeed in impl More.. |
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| Expand Your Professional Organizer Business |
| Grow your Professional Organizer business by branching out into related areas. If you have been doing the same old thing for a while, and are comfortable with it, it may be time to stretch your capabilities and offer something new.
1. Teach Organizing Classes
You are an expert in organizing - why not teach classes in the subject? It is a good way to reach prospective clients. People who need your services are the ones who will be signing up for your class. It also helps establish your image as More.. |
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| The Skills Gap: It Pays to Use Experts |
| By outsourcing to skilled professionals you'll be able to grow your business without adding overhead.
Here are some of the costs associated with growing a business through acquiring staff:
* recruitment
* payroll and tax obligations
* national insurance
* employers liability
* benefits (pension, car, medical, dental)
* holiday pay / sick pay / maternity pay / water cooler pay!
* office space
* equipment or general office supplies
* legal responsibilities that include employee policies More.. |
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| How To Build Business Credit |
| Having their own business is something many millions of people dream of doing. Many do, of course, but so many others never quite get around to it. One of the factors that may discourage people from getting that business off the ground, is a lack of start up capital; and another may be the risk of losing their own money.
With a bit of thought, planning and effort, though, it may be possible for you to not only raise some start up capital, but do so through business credit. In other words, borro More.. |
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| Take a Break - Have a Pity Party |
| Pity parties are nothing new. In fact, we do it all the time and I'm guessing that you probably go to many... you know, you get together with some friends and you'll bemoan the state of your industry. No one understands what we do and how we can help them. Companies are always spending less and less on the services I have to offer. I only get called in to sort things out when it's too late. Then they expect me to work miracles. Why don't people plan ahead?
Then you'll despair at the how much st More.. |
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| Entrepreneur to Employer |
| You make the decision to go into business and for some time work from home or in leased premises and your business starts to grow.
Like all businesses you experience growing pains. Cash Flow is sometimes tight, customers come in ebbs and flows but you continue to make progress.
You win a few major contracts and at the back of your mind you realise you need to make some important decisions for the future.
Your hours at work have been steadily increasing and the reason you went into business, l More.. |
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| How to Compete with the Big Guns?! |
| Many small business startups fail within the first 2 years of existence. There are several different factors reason for the failure. One reason many entrepreneurs often under estimate the need to find a niche market and to serve it well. Instead of finding the niche market they attack the big guys head on. If you have enough money to throw at 'this problem' you might succeed, but in reality almost every small business doing this will fail and eventually shutdown operations.
So, what should smal More.. |
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| Why Does a Business Fail and What Can You Do to Stop It? |
| I believe the number one reason why a business will fail is lack of planning. This can be due to various reasons, perhaps because the market research wasn't sufficiently carried out in the first place, or because the financial burden was higher than was planned for etc.
Sometimes business failure happens because the business owner is not very savvy at other aspects of the business, such as management, promotion, branding, advertising, public relations, leadership, bookkeeping, or customer follo More.. |
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| Small Business Franchise Opportunities |
| Many businesses offer small business franchise opportunities. There are many things that are needed for a small business of this kind, but the rewards are great. Franchising allows you to take on a proven and marketable brand and logo, without having to go through the time, effort, and money to build a name or a reputation.
When investigating a small business franchise, it is important to know the industry related to that franchise. Restaurant chains, supply stores, and many service-oriented bu More.. |
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| Your Small Business Suggestion Box |
| A suggestion box is a really good idea for your business. It can help you get valuable feedback from your customers -- feedback that they don't normally think to share with you. Whether your business is a brick and mortar location or purely virtual, it's important to hear from your customers. Here are some tips for success.
- The suggestion box should be in a location where it is easy to see and contain plenty of pads and pencils to make it easy for your customers to contribute their opinions. More.. |
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| Small Business Publicity -- Worth It? |
| You bet it's worth it. Publicity via news releases, along with building relationships with reporters and editors is really good for your small business.
As one who is adamant about "it's not who you know, it's who knows you," news releases play a big part in that awareness. Plus getting publicity helps establish you as an expert in your specialty. Amazingly, much of the news we read in the newspaper on a daily basis started with a news release.
That news could be about you. It's critical you h More.. |
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| What Your Small Business Can Learn From The Doctor |
| Most doctors never distinguish the difference between customers and patients. That's why they have waiting rooms instead of reception areas.
Walk into most any doctor's office and you'll see numerous chairs -- typically full of people waiting to see the doctor -- and signs that tell you what you can't do or must do (e.g., you must wait 3 days for a referral, you must present co-pay before seeing the doctor).
On top of that, doctors have the best gatekeeper's in the world -- not to keep salespe More.. |
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| But Weve Always Done It This Way |
| Sacred cows take a long time to die. We get comfortable in the way we do things and lose sight of how they could be improved. Here's an interesting story.
A woman was in the process of fixing her special holiday ham. She cleaned it and then took a huge knife, lopped off both ends of the ham and placed it in a pan. Her daughter, who was learning how to cook asked, "Now Mom, why did you do that?"
"Because that's how your grandmother taught me," was her answer. "Let's ask her." So they did. Her a More.. |
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| If You Want To Be Remembered... |
| Send handwritten notes. That applies whether you're a guy or a gal. It's not about being touchy-feely, it's about maintaining good business relationships with the people you know and the prospects you meet.
Think about this. When you get your mail, what's the first envelope that gets opened? For most people, it's the envelopes that are genuinely handwritten (not the direct mail "fake" stuff we all get).
Your contacts feel the same way too.
A hand written note sends a unique message to the rec More.. |
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| Small Business Support Equals Survival |
| Support is critical for your small business survival. You may shy away from the thought of having an advisory board to guide you through your rough spots, but having a group of professionals who are willing to be your sounding board can mean the difference between success and failure.
Your board should be made up of seasoned professionals in non-competing businesses. You should:
- Select three to five members who can fill in the gaps. Include people unrelated to you who can take a broad view o More.. |
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| The Key to a Successful Business |
| Where would a business be without a business plan?A business plan sets the course for the future of thebusiness. It gives the business owner or manager asense of direction, listing the objectives and goals ofthe business from the outset.
Writing a business plan requires a lot of time; asuccessful business plan cannot be a rush job. Oncean idea for a business has been developed,researching the many facets of owning and operating abusiness is the next most important step. Your localcounty council More.. |
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| Get Free Payroll Forms Download from the Internet |
| Having a successful business means also having a good working relationship with your employees, and nothing more makes it sour than having problems with the payroll. You can't expect them to work gratis, employees expect to be paid and compensated fairly. If this is done, the working environment will be pleasant and the employees will be more productive. Many company's experience labor problems because they don't have a smooth payroll system. If that is the case, many complaints will arise. Sala More.. |
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| Low Cost or Highly Funded Start Up |
| Many new ventures are preoccupied with all the money they are going to make, rather than how they are going to the about making it. Set realistic goals by setting realistic steps-discreet 'doable' actions, each of which connects to the next one in some logical progression.
At some point you have to walk through the wall to get to the other side. But don't just 'do it' until you have a good idea of what you do next. If you can't get 'there' from 'here' in a number of very specific steps, then yo More.. |
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| Be Nice to Your Payroll Department |
| Ok, so next to the taxman, your company payroll department might well be the most criticised people on the planet. Of course, when your pay is accurate and on time then you love the payroll people with a passion but when things go wrong it is a completely different matter. Rightly or not the payroll professionals come in for an awful lot of abuse if your pay is not perfect.
I have had experience of working in a payroll department, in fact, I WAS the payroll department so I am going to put forwa More.. |
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| Top 10 Rules for Small Business Success |
| 1. Target
You are not all things to all people. Decide on your niche--narrow your focus and broaden your appeal.
2. Be Different
If your competitors are doing it, don't. Stand out from an overcrowded marketplace where so much of the advertising and products look the same.
3. Build a Team
Don't hire an employee to fill a position. Employ a person to be part of a team to build your business.
4. Be Fast
Time is the most precious commodity. When delivery is expected Friday, show up Thursday a More.. |
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| Have You Thanked Your Competitors Today? |
| Competition in the business world is often viewed as a negative thing, but it doesn't have to be. Competition can benefit you, your competitor, and especially your customer!
Let's look at some of the ways in which competitors can help you:
1) They prevent you from becoming lazy and overly comfortable in your business practices. It's easy to feel confident and relaxed in your business if you have a unique product that everyone wants. You don't feel any pressure to better yourself or your produc More.. |
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| Entrepreneurs Go Virtual! |
| With the massive explosion of start-ups and home businesses developing, you'll be hard pressed to not know of someone going down the entrepreneurial route. Nowadays you can set-up shop and start trading in a matter of days, and the preferred choice for the neo entrepreneur is a service called Virtual Offices.
I myself, run and operate a Virtual Office company based in Central London and have written this short editorial to educate you in choosing the right provider and hopefully, help avoid the More.. |
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