Positioning in Small Business Marketing
20 Small Business Tips, For Success
March 21, 2007 on 10:03 pm | In articles | No Commentsby: Dave Ryan
These are just some general tips to keep in mind as you design/operate your small business:
1. Take the time out to explore and understand whether or not you are compatible with running our own business. Some people are just plain happier and better off financially on the other end of the paycheck.
2.Get your personal finances in order. Before you jump into the entrepreneurship world, get your own money matters squared away.
3. Pick your niche. Many small business owners succeed in businesses that are hardly unique or innovative. Take stock of your skills, interests, and employment history to select the business that is best suited for you.
4. Benefit from your business plan. The exercise of creating a business plan is what pays the dividends. Answer the tough questions now before the meter starts running.
5. Do not think you need bankers and investors at the outset of your business. The vast majority of small businesses are bootstrapped.
6. Acquire the proper background. In the early months and years of your business, you will have to acquire many skills. Gain the background you need to oversee all facets of your business well, but determine what tasks you should outsource or hire employees.
7. Remember that nothing happens until a sale is made – How many good products go nowhere because they do not reach the shelves? Sales drive your business. You will need a good marketing plan to sell your product or service.
8. You have to see a customer to know one. N o matter how busy you are, spend at least 25% of your time with customers. You cannot make the proper business decision without understanding their viewpoint.
9. Solve your customers’ problems. The best way to satisfy your customers is not by selling them products but by giving solutions to their problems. There is a big difference.
10.Quality takes minutes to lose but years to regain. Quality is not a destination, it is a never ending journey. After you have strayed from quality’s path, your journey maybe sidetracked forever.
11. Put profitability first, rewards seconds. In small businesses, profitability must come first. Find out how to measure your cash flow and understand key financial ratios.
12. Hire supporters. If you intend to create a growing business, your number one duty is to assemble a great team of employees.
13. Do not do it alone. Find such help from small business peers, a mentor, even trade associations. They can help take some of the trial and error of beginning your business.
14. Vendors are partners too! Treat your vendors like customers and watch your partnership grow.
15. Make use of benefits. Understand how to provide insurance and other benefits for your employees and cut your tax bill at the same time.
16. Ignore regulatory issues at your peril. Federal, state, and local governments require licenses, registrations, and permits. Obey them or face losing your business.
17. Know the tax laws. Invest in understanding tax issues that affect your small business.
18. It’s the people! Whatever happens to a small business happens at the hands of the people who work for it. The evolution of the business is a result of their efforts.
19. Fast, good, cheap. Pick any two. Serious trouble awaits those who attempt to be all three in the market place. Stick with what you do best.
20. Develop a passion for learning. As your business grows, you need to change and grow along with it. One common denominator can be found in all successful business owners and that is a passion for learning.
About the author:
For more great business, marketing and mind power ideas to develope your business visit the Higher-Profits Blog at www.higher-profits.com
Send special Philippine flower bouquets to your loved ones Posted By : Thomas de Jesus
March 19, 2007 on 11:03 pm | In small business news | No CommentsWhatever the occasion, Filipino celebrations are among those to remember. If one is based abroad, however, the selection of a gift to make the occasion even more special can be difficult. Thankfully, online Philippine flower shops like Express Regalo have made the process much easier, facilitating Philippine flower delivery online with security and ease.
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Create Real Magic And New Customers
March 19, 2007 on 3:44 pm | In articles | No Commentsby:Robert Smethers
Do you want a small business opportunity that could create more business for you? It is a chance to sell to the government. Bring in new customers is always the number one goal of many business owners. It is the life blood of any operation and if you want your business to stay healthy then you must bring in fresh new customers and keep them coming back with a great service or product.
I would like to introduce you to the 59.005 Business Development Assistance to Small Business program.
This program is excellent for bringing in new business and revenue. Get help from this program to sell to the government. They will assist your small business in obtaining a “fair” share of contracts and subcontracts for Federal government supplies and services and a “fair” share of property sold by the government.
What an excellent opportunity this is! I would rather sell a lot more to meet my goals than to have to get a small business loans or small business grants.
What they can do for your company is:
(Restriction of bidding/award to small business only)
(1) Your application will set-aside the chance to increase the Federal procurement and disposal requirements awarded to small business for a great small business opportunity;
(2) You will receive consultation with procuring activities on structuring of procurement and sales planning to optimize small business participation;
(3) They will also review and analyze you small business capacity, credit, integrity, perseverance, and tenacity when challenged by contracting officers and certifying competence of such firms to perform as prime contractors, as appropriate, and monitoring performance of certificate of competency holders throughout contract life;
(4) They will also review of subcontracting plans and programs of large prime contractors to determine the extent that they are providing subcontracting opportunities to small businesses, veteran-owned businesses, service-disabled veteran-owned businesses, HUBZone qualified businesses, small disadvantaged business, and women-owned small businesses;
(5) When they give you consultation and advice for small businesses requesting assistance on government procurement or property sales matters, you must keep in mind that all consultants are not the same. It is very important to get one that you like and is passionate about their job.
(6) They will also help you with specific contract administration problems;
(7) They will see if you qualify for the SBA’s procurement and financial programs;
(8) By doing this they want to breakout of items from a the same old stale source of buying in favor of full and open competition in order to achieve savings;
(9) One of the goals that they have is to review small business programs at Federal buying activities to evaluate effect on small business participation and recommend changes; and
(10) management of the Central Contractor Registration’s Dynamic Small Business Search, a nationwide Internet database of information on small business, a marketing tool for small firms and a “link” to procurement opportunities. It pays to at least get registered and listed in this data base.
Existing and potential small businesses are eligible to apply. A small business is a business entity organized for profit, with a place of business located in the United States and which makes a significant contribution to the U.S. economy through payment of taxes and/or use of American Products, materials and/or labor.
Generally, an employee based size standard not in excess of 500 employees is used for manufacturers for wholesalers, average employment not in excess of 500 is used; for general construction, a revenue based size standard not over $28,500,000 is used; for specialty trade construction, revenues not over $12,000,000 is used; for retail and services contracts, revenues not over $6,000,000 is used; and for agricultural enterprises, gross annual sales not over $750,000 is used.
Self-certification of documentation is sufficient for representation as a small business, women-owned small business, veteran-owned small business and service-disabled veteran-owned small business. SBA certification is required for status as a HUBZone small business, 8(a) small business, and Small Disadvantaged Business.
The range is about 15 days for certificate of competency; no approval is required on other programs for this .small business opportunity.
The government grants that guarantees this small business opportunity programs for small business grants totaled: FY 04 $4,606,675,000; FY 05 est $3,250,000,000; FY 06 est $3,000,000,000. Administrative Expenses: FY 04 $38,013,000; FY 05 est $34,188,000; and FY 06 est $36,406,000
In fiscal year 2004, $11.2 billion in government grants for prime contracts was set-aside for procurement limited to small businesses to give you an excellent small business opportunity.
Title 13, Code of Federal Regulations, Part 125; “Government Contracting Programs;” Government Contracting and information for this small business opportunity from SBA offices. Forms to obtain necessary assistance are provided by SBA field offices. To find where they are listed you can go to Associate Administrator for Government Contracting, Small Business Administration, 409 3rd Street, SW., Washington, DC 20416. Telephone: (202) 205-6460 http://www.sba.gov
Other small business opportunity programs that are related to selling to the federal government are:
17.301, Non-Discrimination and Affirmative Action by Federal Contractors and Federally Assisted Construction Contractors can use this small business opportunity;
17.303, Wage and Hour Standards;
36.001, Fair Competition Counseling and Investigation of Complaints;
39.001, Business Services is another small business opportunity;
43.002, Technology Transfer is the chance to participate in another small business opportunity;
59.006, 8(a) Business Development is a good small business opportunity that you should consider.
About the author:
I am a college student and single parent who relies on federal grants everyday.
I built this free information and education website that helps find federal grants to promote economic development.
http://www.federal-grant-news.com
Evaluating Merchant Services for Small Business Posted By : Natalie Aranda
March 17, 2007 on 2:04 pm | In small business news | No CommentsThe selection of a Merchant Service provider is of utmost importance to the owner of a small business. There is no doubt that it is necessary to have one. The use of credit cards is on the increase. The introduction of debit cards and the wide dispersal of ATM machines has made carrying large sums of cash a less and less attractive option.
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Corporate Image and Print Strategy Posted By : Jim Degerstrom
March 16, 2007 on 12:51 pm | In small business news | No CommentsRealistic goals for each of your printed marketing materials should be considered before trying to fit your company history on the back of a business card.
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Roses still most popular romantic flower choice for Filipinos Posted By : Thomas de Jesus
March 15, 2007 on 10:25 am | In small business news | No CommentsAccording to online gift delivery shop Express Regalo, the most popular floral Philippine gift item is still the ubiquitous symbol of romance, the rose. Orders for Philippine gift delivery of this online flower shop’s wide selection of rose bouquets have increased significantly in the past two years. Whether as a gift delivery Philippine-sent for a special occasion or a thoughtful no-occasion gift, roses still set the bar and maintain the standard for favorite flowers Philippines.
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Help Is Available For Those In Need Of Self Employed Health Insurance Posted By : M. Jedediah
March 14, 2007 on 9:03 pm | In small business news | No CommentsAcquiring self employed health insurance can be a daunting and intimidating task, but you do not have to do it alone. There is help available for the self employed, so take advantage of what the Internet, business associations, and the government have to offer.
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Google Cash 3 Has Been Released
March 13, 2007 on 2:10 pm | In small business news | No CommentsGoogle Cash has been updated to version 3 — if you bought it in the past make sure you go get your updated copy.
If you’re not familiar with Google Cash, it is one of the best ways to earn some extra money online that I have seen in the past 3 years. You don’t have to have your own website, you don’t need to know html code, you don’t need to pay for hosting, and you can get started immediately since the learning curve is small. Since the Google Cash system was first released thousands of people have used the methods taught inside to earn some very nice income on the internet. Take a look at the main site for more details about this excellent system.
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Cash In By Selling Low-Priced Reports And Products Online
March 12, 2007 on 9:03 pm | In small business news | No CommentsThe online marketing trend lately is the selling of big ticket “box sets” costing $997, $1,997, etc. Some say this is the way to go since you have fewer customers and a lot less customer service issues — others say that you are leaving a lot of money on the table by excluding the majority of your customers due to the absurd price points.
I found an excellent product that shows you how to cash in on the low-end of the market and making up for the low price with a huge volume of sales. The author of this report has made over $3,000 in the last week, and his report only costs $7. For your small investment he will show you exactly how to capture this small-dollar product market and he will also give you the scripts he uses to make it all happen. The important part here is that he gives you the tools you need to make it all happen as well as show you how to do it.
This is a very innovative selling process, and I found it worth my $7 just to see how it was all put together. As you go through the process make sure you take your time and study what he is doing so that you can duplicate the process with your own products and services. Click here to follow along.
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The Benefits of Outsourcing In Small Businesses Posted By : Alex Martin
March 11, 2007 on 11:07 am | In small business news | No CommentsA fairly recent addition to business terminology, outsourcing in a business is the delegation of certain non-core operations to other separate entities that specialize in those operations. Put very simply, outsourcing means giving away certain tasks which though imperative to the actual business, can be better managed by another industry which specializes in that task.
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