Home / Archives /

rss1

rss1 / 32 posts found

Small Business Owners Work Long Hours…But Get Little Done

by Manuela
Comments are off for this post.
When you’re a small business owner, Parkinson’s Law (“Work expands to fill the time available”) definitely applies. However, you’re not the only one who feels buried under a nonstop avalanche of work. Some 84 percent of business owners work more than 40 hours a week, according to a recent survey from The Alternative Board, and about 10 percent “continuously overwhelmed” by their workload. I’m truly impressed that 90 percent of business owners don’t feel continuously overwhelmed, especially considering the average business owner in the survey reports having only 1.5 hours of uninterrupted, highly productive time per day. (Sounds about right!) [...]

7 Best Startup Business Idea In 2017

by Manuela
Comments are off for this post.
Starting up your own business can be a big risk but can pay off huge if your idea takes off. There’s no way to guarantee a startup will be a success, but starting a business in a hot, in-demand industry may dramatically improve your chances. Related Link: The Early Traits Of A $100 Million Company Coming up with an idea is just the first step in a long and difficult process of building a successful startup, but you’ve got to start somewhere. Here are seven areas to consider for your startup business. 1. Artificial Intelligence Obviously if you don’t have [...]

The 8 Least Productive Tasks Business Owners Do (And How to Never Do Them Again)

by Manuela
Comments are off for this post.
By Sujan Patel Set SMART goals…. Work according to your circadian rhythm…. Learn to prioritize your top three to-do items and tackle them before anything else … The web is full of productivity advice for entrepreneurs. And while these tips, when implemented appropriately, can be incredibly helpful, there’s a corollary that’s missing. What about the things business owners should not be doing with their time? Your to-don’t list is just as important as your to-do list. Here are eight items that belong on it: 1. Shuffling past-due items on your to-do list Have a task you keep putting off, but are never [...]

4 tips to help small business owners to reduce their overhead costs

by Manuela
Comments are off for this post.
Business expenses and outgoings can eat into your profits and in some cases you can end up spending more money than you make. As such, it is a good idea to do everything you can to keep costs down and maximize profits. Here are a few ways you can do this even as a new business. 1. Always shop around Whether you are buying equipment or products to sell at profit it is important to try and get the best deal available. Can you buy any of the equipment you need refurbished or used? All kinds of items can be [...]

Tips For Starting A Small Adult Day Care Business

by Manuela
Comments are off for this post.
Many elderly and disabled adults are forced to spend most of their days alone, because they do not have family or friends. An adult day care service is the perfect solution for these individuals, plus in many cases government assistance is available to pay for the expenses. If you are looking for a new career niche that will offer amazing rewards, you should consider an adult day care center. Below, you will discover several tips to help get you started turning your business idea into a reality. Choosing A Location It isn’t unusual for people to operate a small adult [...]

The Benefits Of Owning And Operating A Family Business

by Manuela
Comments are off for this post.
Many people dream of starting their own business and when they do, it often turns into a family business. Mom and pop businesses have been around since the beginning of time, with most of them being handed down to an offspring or sibling, when the original owners retired. In order for a family business to be successful, every member or almost every member of the family must be involved in the operational processes. Below, you will discover several benefits of owning and operating a family business. United For One Common Goal Sometimes within the workplace competition can be a good [...]

Best Small Business Ideas for Students in 2017

by Manuela
Comments are off for this post.
The following are some useful jobs for college students or college graduates who want to earn money by starting a small business with little or no investment. (Newswire.net -- July 5, 2017) -- It is no secret that college students struggle to find jobs. Graduate students have a hard time these days obtaining a good job that pays enough money to cover their expenses. The following are some useful jobs for college graduates or college students who want to earn some money by starting a small business with litlle or no investment. These small business ideas will work well for college [...]

10 Tax Penalties – and How to Avoid Them

by Manuela
Comments are off for this post.
As if taxes weren’t enough, the IRS can add interest and penalties for certain action you may take or fail to take. There are over 150 civil penalties in the Internal Revenue Code. Tax penalties can be costly and they’re not tax deductible. Here is a roundup of some tax penalties that can impact small businesses owners and what can be done to avoid them. Tips on Avoiding Tax Penalties for Your Small Business 1. Late Filing Penalty for Tax Returns April 15 may be seared into your brain as tax day, but it’s not the deadline for all returns. S [...]

Master the Art of Online Sales with These 20 Tips

by Manuela
Comments are off for this post.
So you’ve established a website offering products or services for sale. You have a great selection and a good-looking website — but your sales are still flat. This is a problem for plenty of online businesses. But there are ways to overcome those sales slumps and grow your business online. Gary Shouldis of 3Bug Media shared some of his top online sales tips in an email interview with Small Business Trends. Check out some of the highlights in the list below. How to Increase Online Sales Establish a Plan Early According to Shouldis, not having an actual plan in place [...]

Tips For Small Business Success

by Manuela
Comments are off for this post.
Different kinds of people have been able to start and run successful businesses. There are various traits and attributes that are similar among thriving business owners. New entrepreneurs often wonder about whether or not they can succeed. Successful entrepreneurship begins with passion. Passion In order for any entrepreneur to be able to accomplish his or her goals, a passionate approach is essential. The desire to turn your concept into a profitable business that adds value to people’s lives will keep you moving forward in pursuit of your goals. When you have this type of passion, you will spare no effort [...]

The Steps to Become an Entrepreneur in Your 50s or 60s

by Manuela
Comments are off for this post.
I was a small business owner building sound systems and providing DJ entertainment. Then, after a decade and a half, I dove into the 9 to 5 corporate world, managing databases, developing websites and creating corporate communications. These days, after a layoff and with my kids almost through college, I’ve begun my second act as an entrepreneur, using my writing skills to help clients form creative communications strategies. This time around, I have a firm grasp on the number of hours I’ll be putting in — and I’m ready. And I’m far from alone. According to the U.S. Small Business [...]

Best 6 Tips for Turning Customers Into Salespeople

by Manuela
Comments are off for this post.
Your customers are some of your greatest assets. Not only do they directly drive revenue in terms of repeat purchases, but they can also indirectly drive revenue in the form of selling your brand to other people. Do you know what it looks like to turn your customers into an extension of your sales team? 6 Tips for Turning Customers Into Salespeople It’s expensive to sell, but it’s impossible to be successful without making a commitment to actively put your products in front of customers and encourage them to purchase. And while it’s important that you have salespeople on your [...]

5 Common Self-Employment Blunders | TheSelfEmployed.com

by Manuela
Comments are off for this post.
Being self-employed brings self-fulfillment, freedom, financial rewards, and sometimes the ability to work in your pajamas from home. However, all those things get put at risk when you make costly mistakes. So, hold on to your house slippers and check out these five self-employment blunders that you ought to avoid. 1. Failing to Budget and Track Finances Create a budget that accounts for regular, ongoing expenses and also allows you to set aside money for emergencies. As you draw up your plan, remember that you want income to exceed expenses to ensure you’re not just getting by, but in fact, [...]

What is Gamification and How Can It Help My Business?

by Manuela
Comments are off for this post.
Gamification is a business tool representing a whole new direction for achieving the goals you have set for your company. But small businesses have been shying away from it because of the emphasis on large, global enterprises deploying the technology. That’s too bad because gamification is a tool small businesses can easily implement to create innovative programs allowing them to compete with large brands. So What is Gamification? The simplest definition of gamification is:  a process for integrating game mechanics into something that already exists to motivate participation, engagement and loyalty. This can be almost anything, from your website to social [...]

Best 5 Tips for Seasonal Hiring

by Manuela
Comments are off for this post.
While some businesses may have already hired extra staff for the summer, others are still in the throes of interviewing and reference checking. Hiring seasonal workers can be a stressful task for a business owner, but using these five tips can make it easier. Tips for Hiring Seasonal Employees 1. Create a Clear Job Description Focus on writing a job description that presents your company in a favorable light and provides a clear, accurate description of job duties, says Jennine Rochlin Leale, founder of HRPro Consulting Services LLC. This can help you avoid hiring what could become a disgruntled, unproductive [...]

Can Your Company Actually Afford a Small Business Loan?

by Manuela
Comments are off for this post.
By Carl Faulds When you’re seeking financing, particularly financing to power growth, it’s all too easy to overlook one important question: Can your small business actually afford the borrowing? Here are steps to take to determine whether your small business can afford a loan. Calculating your debt service coverage ratio To understand what you can borrow, you first need to know what you can afford to repay. In turn, this will require you to calculate your debt service coverage ratio (DSCR). Put simply, the DSCR is the ratio of cash you have available to service debt (which could mean repaying [...]

3 reasons why the ‘best’ business ideas too often fail miserably

by Manuela
Comments are off for this post.
PHOTO Segway: Optics of riding rather than walking looked lazy. PHOTO COURTESY OF CITY SEGWAY TOURS Courtesy of News and Experts We’ve all heard the expression “innovate or die.” But there are endless examples of companies that made cutting-edge ideas a priority, yet their can’t-miss products – and sometimes the businesses themselves – died untimely deaths anyway. “People often don’t realize that a product can be smart and work well, and still fail when it hits the marketplace,” says Mayur Ramgir (mayurramgir.com), president and CEO of Zonopact Inc., a software development firm that specializes in innovative business solutions. Don’t get him [...]

Apply These 10 Techniques to Improve Your Business Handshake

by Manuela
Comments are off for this post.
Making a good impression in any small business is about getting off to a good start. A handshake is very often the first contact you’ll make with a prospect and you need to get it right. Denise Dudley is a career guru, author of Work It!, Get In , Get Noticed, Get Promoted and a behavioral psychologist. Small Business Trends spoke with her about the rules for shaking hands properly and how to leave that first impression that works. Rules for a Business Handshake Stand Up “Handshaking is always better if you can do it when you’re standing,” Dudley says. [...]

A Guide For Developing Content For Social Media Platforms

by Manuela
Comments are off for this post.
Social media is everywhere. We are wired in to Facebook, Twitter and Instagram, and live by our devices day in and day out. While there are a range of potential concerns that come with social media, there is plenty of good that can be done through this powerful medium. With its personal reach into our lives and our willingness to share and expose parts of ourselves, social media is, for many of us, part of our identity. As businesses and people concerned with behaviour change it’s vital that we’re leveraging this powerful tool to enhance our ability to make a [...]

7 Marketing Mistakes That Startups Should Avoid

by Manuela
Comments are off for this post.
Marketing is the lifeblood of any startup, but it’s not always a walk in the park. In fact, marketing mistakes are often unavoidable, especially in the early stages of your business. While there is no surefire method to marketing success, there are plenty of mistakes you can avoid to improve your chances of building your brand. 1. Hiring an in-house staff early on Being careful with spending and staffing is extremely valuable, especially early on in your company’s development. What you don’t need are any superfluous expenditures when you’re just starting out, and that’s exactly what an in-house marketing staff [...]

25 Basic Marketing Strategies for Beginners

by Manuela
Comments are off for this post.
Not every small business has a marketing budget like the bigger companies. More often than not, entrepreneurs don’t even have a lot of extra time to get the word out on their goods and services. These basic marketing strategies for novices have been designed to fill that gap. Basic Marketing Strategies Optimize Your Content Keywords attract clients. They need to be placed in strategic locations in the text on your website. Make sure they work with the topics your customers are searching for. Advertise Online Facebook Ads and Google Ads work great. These are cheaper than print, television and radio [...]

Secrets of Swagger Shows How to Craft a Distinctive Brand

by Manuela
Comments are off for this post.
Usefulness Content Freshness "Secrets of Swagger: How to Own Your Cool in Life and Business", by TicketCity founder Randy Cohen, is a fun and entertaining read about the fundamental elements of personal and business branding. Using examples from his own company and the lives of big-name celebrity brands (Lady Gaga, Oprah Winfrey, Ari Emanuel, etc.), Randy Cohen demonstrates how business can develop their own brand of "cool" (aka "swagger") by embracing communication, creativity, courage, charisma, and more. Written by a business owner in the entertainment industry, Secrets of Swagger: How to [...]

10 Ways to Increase Your Chances of Entrepreneurial Success

by Manuela
Comments are off for this post.
Being a successful entrepreneur takes more than just a great business plan. You have to build great habits, stay inspired and use the best strategies for your business idea. For more on how you can increase your chances of small business success, take a look at these tips from members of the online small business community. Build Successful Habits If you want to be successful, you need to build the right habits and routines. And it can help to consider the routines of others who have found success. This post by Dipti Parmar of E2M Solutions features an interview with [...]

These Are the Best and Worst States to Start a Business in 2017

by Manuela
Comments are off for this post.
What is the best state to start your new business. Is it a big city? A thriving suburb? A bustling little rural community? How about North Dakota? A new study carried out by WalletHub looked at 50 states using 20 key indicators to determine “2017’s Best and Worst States to Start a Business.” And it found North Dakota to be the state with the best business environment for startups. The worst? That dubious distinction belongs to the Garden State, New Jersey. The Methodology WalletHub deployed the services of eight distinguished professors from universities such as Colgate, DePaul, Georgetown, Purdue, and [...]

Welding Jobs: Ideas You Can Use At Home To Make Money Welding (No Boss While You Make $100,000)

by spainops
Comments are off for this post.
What if you could make $100,000 a year welding from home? What if you could make even an extra $500 a month from home, using your current skills? If you are a welder with basic welding skills and you are between jobs or you are being under paid in your current job, it might be worth your time to read this article - let's think outside the box for just a minute on how you can make money welding from home. From Home Welding # 1: Teaching or tutoring any skill is a very profitable business. In any town of [...]

Are You Prepared for Success?

by spainops
Comments are off for this post.
It is possible to build a successful business with little more than a great idea and passion for your vision. When I started my business 14 years ago, I really had no idea that my concept would grow into the successful business it did and honestly, I was not prepared for success. I had always been a big dreamer, always was able to visualize the bigger picture. When the idea came to me, I did not take the time to really figure out how I would handle success, I only believed that it was something I needed to do. That [...]

3 Secrets to Making an Emotional Connection with Customers

by spainops
Comments are off for this post.
Positive emotions are vital to a good retail customer experience. But how can you ensure customers have a positive experience in your store? The Power of Emotion and Personalization, a survey of more than 20,000 people by InMoment, has some guidance about what emotions matter most to customer loyalty. Emotion has become the No. 1 driver of a great customer experience, InMoment reports — more important than ease or effectiveness. The study surveyed both customers and businesses about what emotions create positive brand experiences. Here’s what they said: Satisfaction is by far the most important emotion in creating positive brand [...]

Customer Service Basics

by spainops
Comments are off for this post.
Business Know-How, like a lot of small companies, operates with a very small staff. We rely on highly skilled contractors and paid product support services to handle jobs that we don’t need done daily on a set schedule. In fact, when we choose technical products, we look as closely at the vendor’s support services as we do at the product itself. As a result we often pay top dollar for products or services, but we expect that the support we will get will be top-notch too. And usually support is good. But every once in a while we run into [...]

Marketing Ideas For Vitamins And Supplements Business

by spainops
Comments are off for this post.
With people becoming more health-conscious, the market for vitamins and dietary supplements has increased significantly. Customers are given an exciting array of choices, with many different brands competing with each other and offering better products at fairer rates. People use vitamins and supplements to lead healthy lives, with greater energy and vitality, improved memory and strength, and improved nutritional quality. Nearly everyone makes use of vitamins and supplements these days. Manufacturers of vitamins and supplements face stiff competition because there are so many firms offering various combinations of products for the target customers. It is imperative that your advertisements be [...]

Why Employees Quit Small Businesses

by spainops
Comments are off for this post.
Is employee turnover a problem in your company? If so, it’s easy to blame the problem on any number of things – salary levels, benefits (or lack of them), size of the company, or your industry. These are just some of the circumstances that are often blamed for making employees quit and  look to greener pastures. But often none of those external factors come into play. Instead, the things that cause good employees to quit are often internal problems. And in many cases the small business owner’s management “style” is at the root of the problem. Ginny Smith (not her [...]

3 Crucial Questions to ‘Fail Proof’ Your New Business Idea

by spainops
Comments are off for this post.
Starting a successful business is hard, but let’s not presume that entrepreneurship itself is intrinsically riskier than other things that popular culture deems as “acceptable.”    You’ll never be able to completely avoid risk, either in your personal or professional life, but you can mitigate it significantly by having a solid game plan in place. You need a proven system that will help you determine which ideas are worth pursuing so that you don’t become a statistic of America, Inc. You want to be as certain as possible that your business will succeed before you launch. In other words, you need [...]

Ask the Experts: Things I Wish I’d Known Before Starting a Business

by spainops
Comments are off for this post.
While it’s generally good to be forward thinking and avoid dwelling on the past, most of us have made a few key, crucial mistakes that we’d reverse if we could. The same is true for small business owners. In every startup story, there is bound to be a wrong turn here or there. With hindsight being 20/20, it’s easy for entrepreneurs to look back on their mistakes and see exactly where they went wrong. This isn’t meant to warn you against making your own mistakes—you’re sure to make them. However, with this in mind, it’s a smart move to look [...]