Tag Archives: small business owners

Zoom In, Zoom Out: Making Your Small Business Look Bigger and Better than Your Competition | CoolBusinessIdeas.com

It can be difficult to gain credibility and trust in an industry, especially when you’re competing with much bigger companies. However, there are ways you can make your company appear larger than it is, even if you’ve only got a small budget. By investing in the right services and products, you can feel and look like a corporation, even though your business is still small.

Here are just some of the ways you can do this:

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How Systems Make Your Business More Human | Duct Tape Marketing

I’m a huge fan of technology. Without it, my business would be in a much different place than it is now. However, over-reliance on it can be a trap that puts you out of touch with your customers and can prevent you from building relationships that will help you get better at what you do and help you build a strong network and community.

To set you and your business up for success, and make sure you don’t fall victim to technology’s downfalls, you’ll need the following traits.

1. Systems to manage technology and chaos

In short, business systems allow your business to run without you. I cannot emphasize enough how important systems are for your organization. Putting systems in place helps you gain more clarity, control, confidence and customers for your business. When you develop systems, start with the outcome in mind and work backwards from there.

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Smart Investment Strategies for Entrepreneurs | Getentrepreneurial.com

Entrepreneurs often have a lot of unique qualities. They tend to be willing to take risks when it comes to business and their careers, and they’re often creative and think outside the box. That’s a lot of what propels them toward being entrepreneurs and building their own companies.

When you do have your own company, there are some unique investment strategies and considerations to keep in mind, however. There are ways that investing as an entrepreneur may be different than someone who works for a company, for example, and invests a portion of their salary.

The following are some things to consider if you’re an entrepreneur and you want to build a smart, sustainable investment strategy.

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Ready for the Holidays? 5 Small Business Saturday Survival Tips | Business News Daily

The holiday shopping season is the retail industry’s busiest time of year. However, not all holiday shopping is done at big box stores: Small business owners also anticipate this time of year as bringing in serious revenue. Small Business Saturday (Nov. 26, 2016) encourages consumers to shop local, and is a great opportunity to the small retailers to increase their profits for the year.

Founded by American Express in 2010, Small Business Saturday is an annual shopping day supporting the independently owned businesses that help create jobs and help make local economies thrive. According to a press release, small businesses will be offered new resources for a successful holiday shopping season.

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The Top 8 Reasons I Said Goodbye to a Toxic Career In the Corporate World | Inc.com

Please allow me to start this piece with a bit of real talk.

I started my business while getting an MBA and raising two kids. It wasn’t easy.

I went through a hard time financially and almost put my family in the poor house. It almost ended my marriage.

I developed a few health problems that my doctors attribute to this time in my life. I lost more that just sleep; I lost some good friends because I no longer had time for them.

Amazingly, two-and-a-half years later, I can say it was the best decision I’ve ever made.

Here’s why it was totally worth it:

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How To Increase Business Efficiency Even More | Getentrepreneurial.com

Efficiency is everything when it comes to building and growing a business. It not only saves time, money, and effort, it improves results across the border. Although this blog has already touched upon how to build better business efficiency by enhancing ergonomics, communications and data entry, employee productivity, weekly goals, and qualifying clients better, there is still much more you can do to improve your company’s productivity and cost-efficiency.

Here are 4 more ways to improve efficiency in a business by leveraging the power of technology.

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 How Can Big Data Help You In Your Business | Getentrepreneurial.com

Data is one of the most important things that your business can possess. It will tell you if your are making the most profitable choice for your company or whether you may want to think about adjusting how you complete a job for a client. What kind of data can be useful when creating and growing a profitable enterprise?

Know Where Your Customers Are

Let’s say that you want to start a grout cleaning business in your neighborhood. While there very well be a market for that, you don’t know unless you have the information that supports your hypothesis. For instance, you will want to know how many homes or housing developments are located in your area.

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Helping Your Best Employees Leave You | Inc.com

One of the things I am most proud of as the 20 year owner of my executive sales firm Corporate Rain International is how many employees and associates have left me to take a leadership role at other companies or to start their own ventures.  While I see a multitude of articles written about holding on to great employees, I never see an article about celebrating an employee assuming greater leadership and greater personal growth by leaving.

There should be more discussion of this, particularly in the small business universe.  I believe in supporting employee growth and fulfillment even to the point of their leaving your company. I see this as a fundamental step in creating good through-branded culture.

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The State of Small Business: Michigan | Business News Daily

As part of our yearlong project “The State of Small Business,” Business News Daily plans to report on the small business environment in every state in America. In this installment, we asked a few of Michigan’s nearly one million small business owners about the challenges and opportunities of operating in their state. Here’s what they had to say.

It’s no secret that Michigan’s economy took a big hit after the 2008 financial crisis, with the damage centering on the automotive industry in Detroit. But entrepreneurs now report the state is coming back strong. Where prospects once seemed dismal, small businesses are now optimistic for the future.

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 Questions Every Small Business Must Ask Their Credit Card Processor | Getentrepreneurial

downloadSigning up with a credit card processor is a big step for small businesses. It allows small business owners to accept more forms of payment, which in turn drives revenue by making it easier and more appealing for customers to shop in the store. Before signing an agreement with a credit card merchant service processor, however, it is important to get all of your questions answered so that you know you are putting your business in the best position moving forward.

Start by inquiring about and understanding any contract requirements, as well as any processing rates as they relate to various types of cards. Get these rates for all cards, including corporate and rewards cards, in writing, so there are no surprise increases down the road. In addition, talk to your processor about American Express transactions, as well as the procedures for fee deductions from your account and if they offer next day funding. Finally, research a potential processor and consult other small businesses about their merchant solutions so you do not get stuck in a situation that does more harm than good.

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