Tag: How

How to Name a Business #business #website #templates

#business names

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Choosing a business name is an important step in the business planning process. Not only should you pick a name that reflects your brand identity, but you also need to ensure it is properly registered and protected for the long term. You should also give a thought to whether it’s web-ready. Is the domain name even available?

Here are some tips to help you pick, register, and protect your business name.

Factors to Consider When Naming Your Business

Many businesses start out as freelancers, solo operations, or partnerships. In these cases, it’s easy to fall back on your own name as your business name. While there’s nothing wrong with this, it does make it tougher to present a professional image and build brand awareness.

Here are some points to consider as you choose a name:

  • How will your name look? – On the web, as part of a logo, on social media.
  • What connotations does it evoke? – Is your name too corporate or not corporate enough? Does it reflect your business philosophy and culture? Does it appeal to your market?
  • Is it unique? – Pick a name that hasn’t been claimed by others, online or offline. A quick web search and domain name search (more on this below) will alert you to any existing use.

Check for Trademarks

Trademark infringement can carry a high cost for your business. Before you pick a name, use the U.S. Patent and Trademark Office’s trademark search tool to see if a similar name, or variations of it, is trademarked.

If You Intend to Incorporate

If you intend to incorporate your business, you’ll need to contact your state filing office to check whether your intended business name has already been claimed and is in use. If you find a business operating under your proposed name, you may still be able to use it, provided your business and the existing business offer different goods/services or are located in different regions.

Pick a Name That is Web-Ready

In order to claim a website address or URL, your business name needs to be unique and available. It should also be rich in key words that reflect what your business does. To find out if your business name has been claimed online, do a simple web search to see if anyone is already using that name.

Next, check whether a domain name (or web address) is available. You can do this using the WHOIS database of domain names. If it is available, be sure to claim it right away. This guide explains how to register a domain name .

Claim Your Social Media Identity

It’s a good idea to claim your social media name early in the naming process – even if you are not sure which sites you intend to use. A name for your Facebook page can be set up and changed, but you can only claim a vanity URL or custom URL once you’ve got 25 fans or “likes.” This custom URL name must be unique, or un-claimed.

Register Your New Business Name

Registering a business name is a confusing area for new business owners. What does it mean and what are you required to do?

Registering your business name involves a process known as registering a “Doing Business As (DBA)” name or trade name. This process shouldn’t be confused with incorporation and it doesn’t provide trademark protection. Registering your “Doing Business As” name is simply the process of letting your state government know that you are doing business as a name other than your personal name or the legal name of your partnership or corporation. If you are operating under your own name, then you can skip the process.

Learn about the requirements in your state and how to file in this Registering Your Doing Business As Name guide.

Apply for Trademark Protection

A trademark protects words, names, symbols, and logos that distinguish goods and services. Your name is one of your most valuable business assets, so it’s worth protecting. You can file for a trademark for less than $300. Learn how to trademark your business name .





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How to Start Investing in Stocks with Only $1, 000 #entrepreneur #ideas

#investing in stocks

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Start Investing With Only $1,000

So you have a $1,000 set aside, and you’re ready to enter the world of stock investing. But before you jump head first into the world of stocks and bonds, there are a few things you need to consider. One of the biggest considerations for investors with a minimal amount of funds is not only what to invest in but also how to go about investing. Not long into your investment journey you may find yourself bombarded with minimum deposit restrictions, commissions and the need for diversification, among a myriad of other considerations. In this article, we’ll walk you through getting started as an investor and show you how to maximize your returns by minimizing your costs.

More from Investopedia:

What are the account minimums?
To the inexperienced investor, investing may seem simple enough – all you need to do is go to a brokerage firm and open up an account, right? What you may not know, however, is that all financial institutions have minimum deposit requirements. In other words, they won’t accept your account application unless you deposit a certain amount of money. With a sum as small as $1,000, some firms won’t allow you to open an account.

Stocks
Stock brokers come in two flavors: full-service and discount. As the name implies, a full-service broker provides much more in the way of service, but it only deals with higher net worth clients. It’s not unusual to see minimum account sizes of $50,000 and up at full-service brokerages.

This leaves the $1,000-investor with the option of a discount broker. Discount brokers have considerably lower fees, but don’t expect much in the way of hand-holding. Fees are low because you are in charge of all investment decisions � you can’t call up and ask for investment advice. With $1,000, you are right on the cusp in terms of the minimum deposit. There will be some discount brokers that will take you and others that won’t. You’ll have to shop around.

You also could purchase shares directly from a company through direct stock purchase plans (DSPPs). But some of these plans have a minimum investment amount restriction, which ranges between $100 and $500.

With the advent of online trading, there are a number of discount brokers with no (or very low) minimum deposit restrictions. One of the most popular online trading sites is ShareBuilder. You will, however, be faced with other restrictions and see higher fees for certain types of trades. This is something an investor with a $1,000 starting balance should take into account if he or she wants to invest in stocks.

Mutual Funds and Bonds
If mutual funds or bonds are investments you would like to make, it is simpler in terms of minimum deposit amounts. Both of these can be purchased through brokerage firms, where similar deposit rules apply as stocks. Mutual funds also can be purchased through your local bank, often for less than $1,000 when you have an existing relationship with the bank.

If you want to purchase government bonds, this can be done straight from the government through TreasuryDirect. The only restriction here is the minimum purchase amount of a bond, which can range from $100 to $1,000.

Learn the Costs of Investing

Commissions
Before you open an investment account, you must also consider the costs that you will incur from purchasing investments once the account is open. In most cases, every time you purchase an investment, it will cost you money (through commissions). With a limited amount of funds, these transaction fees can really put a dent on your $1,000.

Investing in stocks can be very costly if you trade constantly, especially with a minimum amount of money available to invest. Every time that you trade stock, either buying or selling, you will incur a trading fee. Trading fees range from the low end of $10 per trade, but can be as high as $30 for some discount brokers. Remember, a trade is an order to purchase shares in one company – if you want to purchase five different stocks at the same time, this is seen as five separate trades and you will be charged for each one.

Now, imagine that you decide to buy the stocks of those five companies with your $1,000. To do this you will incur $50 in trading costs, which is equivalent to 5% of your $1,000. If you were to fully invest the $1,000, your account would be reduced to $950 after trading costs. This represents a 5% loss, before you investments even have a chance to earn a cent!

If you were to sell these five stocks, you would once again incur the costs of the trades, which would be another $50. To make the round trip (buying and selling) on these five stocks it would cost you $100, or 10% of your initial deposit amount of $1,000. If your investments don’t earn enough to cover this, you have lost money by just entering and exiting positions.

Mutual Fund Fees
There are many fees an investor will incur when investing in mutual funds. One of the most important fees to focus on is the management expense ratio (MER), which is charged by the management team each year based on the amount of assets in the fund. The higher the MER, the worse it is for the fund’s investors. It doesn’t end there: you’ll also see a number of sales charges called “loads” when you buy mutual funds.

In terms of the beginning investor, the mutual fund fees are actually an advantage relative to the commissions on stocks. The reason for this is that the fees are the same regardless of the amount you invest. So, as long as you have the minimum requirement to open an account, you can invest as little as $50 or $100 per month in a mutual fund. The term for this is called dollar cost averaging (DCA), and it can be a great way to start investing.

Reduce risk with Diversification
Diversification is considered to be the only free lunch in investing. (If you are new to this concept, check out Introduction To Diversification, The Importance Of Diversification and A Guide To Portfolio Construction.) In a nutshell, by investing in a range of assets, you reduce the risk of one investment’s performance severely hurting the return of your overall investment. You could think of it as financial jargon for “don’t put all of your eggs in one basket”.

In terms of diversification, the greatest amount of difficulty in doing this will come from investments in stocks. This was illustrated in the commissions section of the article, where we discussed how the costs of investing in a large number of stocks can be detrimental to the portfolio. With a $1,000 deposit, it is nearly impossible to have a well-diversified portfolio, so be aware that you may need to invest in one or two companies (at the most) to begin with. This will increase your risk.

This is where the major benefit of mutual funds comes into focus. Mutual funds tend to have a large number of stocks and other investments within the fund, which makes the fund more diversified than a single stock.

A Small Step Toward a Large Future
It is possible to invest if you are just starting out with a small amount of money. It’s more complicated than just selecting the right investment (a feat that is difficult enough in itself) and you have to be aware of the restrictions that you face as a new investor.

You’ll have to do your homework to find the minimum deposit requirements and then compare the commissions to other brokers. Chances are you won’t be able to cost-effectively buy individual stocks and still be diversified with a small amount of money. Given these restrictions, it’s probably worth starting out on your investment journey with mutual funds. However, like all aspects of investing, it’s up to you to do the research and figure out the strategy that suits you best.

by Chad Langager

Chad Langager is the Senior Financial Editor for Investopedia.com. Chad graduated from the University of Alberta Business School with a degree in finance.

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How To Start A Blog And Make Money In 5 Easy Steps #small #scale

#online business ideas

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How To Start A Blog And Make Money

Blogging has opened up a whole new world to online marketing, if you want to know how to start a blog and make money online then follow this step by step guide.

Starting a blog has never been easier. I have created and managed dozens of blogs over the past few years and I have gathered quite a lot of experience in that time. There are lots of ways to make money blogging but I ll cover what I have found to be the best ones right here, but first I am going to run through how to set up your own blog today. You can actually follow along and do it right now!

If you want your own online business you are going to need a blog or site! Creating a blog is really easy and there is no need for any complicated coding, HTML. CSS skills or anything technical.

Step 1 Decide on a blogging platform

There are lots of different platforms which you can build your blog on. But the most popular by far is WordPress. I have used WordPress for years and it does everything you could possibly want. Some of the leading websites in the world are built on WordPress including this blog!

The last I heard, WordPress has been downloaded over 72 Million times, so that in itself should be enough to tell you that it is the best platform to use.

The advantages of WordPress are:

  • There are thousands of free themes and layouts to choose from
  • WordPress uses plugins, there is a plugin for almost everything, so no need for coding
  • Easily add images and multimedia
  • Simple to install (takes 2 minutes)

With WordPress you can create what is called a self hosted blog , and this is what we are going to be doing. This means that we can use our own hosting and most importantly, our own domain name. If you use the free blogging platform on blogger.com or Tumbler.com you will be given a subdomain, which will look something like this (startablog.tumblr.com). This also restricts you to many of the features of hosting your own blog.

It also gives your blog more credit if it is self hosted on your own domain, and you have full ownership of it. For this reason I ALWAYS self host my blogs.

Step 2 Choosing A Domain Name And Host

You want to put a bit of thought into selecting your domain name. You can choose to use your business name, your own name or a domain that contains keywords related to the type of site you are building. My advice is to choose something that is brand-able and easy to remember, keep it short if possible.

There are lots of Domain registrar s where you can check and register a domain, here are a few that I have used:

Where To Host My Blog

There are hundreds of hosting companies out there, I ve tried many of them and encountered bad experiences with almost all of them at some point. I then came across BlueHost. Since I started using their hosting I have never had any problems. Their support is fantastic, their servers are fast and reliable and best of all, they are cheap.

I think it s around $4.95 per month. which is great value. Having a reliable host is the foundation for your whole online business, so don t get it wrong.

You can register a BlueHost account right now. and continue following my step by step guide.

Almost forgot; you can host as many sites as you want on just 1 BlueHost account.

Step 3 How To Install WordPress In Less Than 2 Minutes

This is the part where a lot of people are afraid of. It can seem daunting, the thought of installing WP and setting everything up correctly! Luckily BlueHost have a quick 1 click installation.

Simply login to your BlueHost account:

You should have set up a domain when you opened the account

Scroll to the wordPress Installation Tab

Now Click The install Button

Now simply select your domain where you want to install WordPress and fill in the remaining

The application will install WordPress and all of the files and database in just a few seconds.

Here is a video to show you the process:

Step 4 My Installation Is Complete. Now What?

Congratulations, you now have your very own blog hosted on your own domain. Now if you have never used WordPress before you are going to have to learn how it all works.

There is far too much to explain in this post, so I have found a few links which will take you through the process of setting up your new blog:

Step 5 How to make money from your blog

Making money from your blog can be a difficult task. It took me a long time before I started making any money from blogs, mainly because I was inexperienced and didn t really know what I was doing at the time. Luckily I gained a lot of experience from my failures and now I can pass that experience on to you.

There are tons of ways to monetize your blog to make money, some of them include things like,

  • Adsense Get paid when people click on ads
  • selling a product
  • Selling other peoples products as affiliates
  • selling a service
  • blog advertising,
  • Drop Shipping Selling physical products that you don t actually own

These are the main areas to focus on and I have used all of these myself to make money on my blogs.

The first thing you need to determine is what your blog is all about . If for example you are writing a blog that provides a lot of information, similar to this blog, then you may want to think about using Google Adsense or selling advertising space on your blog.

Drop Shipping For Success

If you are thinking of basing your blog around certain products (something like a blog about PC s and Tablets) then you would benefit from selling products. For this you would need to use Drop Shipping.

Here is the best Drop Shipping Wholesale directory that I have used – SaleHoo

Ever wondered how people make a fortune on Ebay? Here is the answer They use Drop shipping. I have done it myself with Ebay and Amazon .

The great thing about Drop shipping is I DONT HAVE TO BUY THE ITEMS until the customer buys them!!

So you can open an online store with absolutely no stock, and then when a customer purchases an Item, you simply order it from the drop shipper and have it delivered straight to the customer!

Summary

I hope this guide has provided you with some good information to get you started. You should now have your WordPress blog set up and you now have the knowledge to know how to start a blog and make money anytime you like. So the next step in the process is to take action. Taking action is the best piece of advise I was given. It s no good reading posts like this if you don t take action. If you haven t already done so, get your Bluehost account and start building your blog!

I’m an internet Marketer with a love for online business. Get in touch if you need a helping hand with Internet marketing, SEO or Business

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Small Business Loans: How They Work and What You Should Know #business #lenders

#how do business loans work

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Small Business Loans: How They Work and What You Should Know

Small Businesses are increasing their payrolls, but hours worked and wages earned are down slightly. Photo: Reuters

For small business startups, knowing how loans work and getting them are absolutely crucial.

Many entrepreneurs, however, wait until the last minute to think about loans and prefer to dwell on grandiose plans, never mind that they often need loans to fund those plans.

Asking for loans is “unpleasant; it’s like asking your dad for the car keys,” said Charles H. Green, Executive Director at the Small Business Finance Institute and author of The SBA Loan Book .

Small businesses should start this “unpleasant” process early, however, partly because it could prove to be long and difficult.

One entrepreneur Green encountered secured his loan at the 60th bank he approached.

While this might be an extreme example, small business owners often need to try at more than one bank to get a small business loan.

During the process of dealing with a bank, moreover, they may be asked to provide additional documents they previously did not anticipate needing.

Green stressed that small business owners need to be patient in this entire process.

Banks Want Their Money Back

In making any small business loans, the goal of the bank is to get its money back. Even if the loan is made through the Small Business Administration (SBA), it is still a bank that ultimately risks its capital.

Banks usually get their money back from the borrower’s revenues. If that is not possible, banks can also get their money back from selling assets pledged as collateral or from the small business owners personally.

Therefore, besides documents relating to the business projections, banks may often request documents relating to the personal finances of the small business owner and whatever assets that can be pledged as collateral.

Backing up Projection Numbers

Regarding business projection numbers – that is, assessing the probability of repayment from borrower revenues – it is all about justifying those numbers, preferably with facts, said Green. For existing businesses, that may mean financial statements.

Some of the hard questions a lender may ask include:

*How many customers do you need?

*How do you find them?

*Who are satisfying these customers already?

*Why would they feel compelled to buy from you?

*What is your capacity to deliver those products?

*What is the cost to deliver those products?

Learning from Mistakes

Sometimes, the best efforts of small businesses to secure a loan are not good enough.

When rejections happen, Green recommended turning them into learning lessons. Often times, if the small business owner manages to remain calm and polite, he can get candid responses as to why he was rejected.

These explanations often turn into keys to successfully securing a loan from another bank in the future.

Choosing the Right Banks

Other times, though, a rejection from a bank has nothing to do with the borrower at all. That is, a lender may not have any money to lend.

Therefore, Green recommended that small businesses avoid banks under consent agreement with or issued a cease and desist order by the Federal Deposit Insurance Corporation (FDIC).

Generally speaking, smaller banks have more flexibility in their lending standards while bigger banks usually offer cheaper rates, added Green.





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How to start a Cottage Industries Business #new #business #idea

#cottage industry ideas

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wahm articles

How to start a Cottage Industries Business

Cottage industries is booming thanks to a sluggish corporate economy and the abundance of laid off workers. Instead of heading to the office, many stay-at-home-moms have become work-from-home-moms leveraging their home spun creative ideas for cash.

Understanding the Cottage Business

Specifically defined, a cottage industry business is the creation of products and services that are home-based rather than being manufactured in a factory. When the idea of the cottage industry initially emerged in the late 16th century, most manufacturers produced textile based services such as sewing, lace-making or household manufacturing. Today, cottage industries encompass areas such as baking, crafting and innovating.

The appeal of buying from a cottage industry manufacturer is that the consumer can receive a unique, one-of-a-kind, hand-made product that isn’t mass produced. Many consumers also appreciate the human-aspect to home-based created products and services and feel that the majority of these cottage industry services produce a higher quality product than one that is mass produced.

The main attraction a home-based business brings to the creator is the ability to dictate working hours, develop an item or service of interest, and sell the product or service for a higher profit margin. The downside of cottage industry produced goods for both the consumer and manufacturer is a slower production of product and less opportunity to compete with larger brands.

How to Create a Home-Based Business

Before launching a home-based cottage business, entrepreneurs should consider several steps in order to make the new business a success:

  1. Research your industry to evaluate the competition. Review consumer trends, the current market, industry knowledge and future growth. One fast and easy way to access this information is through the Small Business Administration’s Office of Economic Research.
  2. Check zoning requirements to ensure you can legally operate your business from home. Some home owner’s associations may prohibit owners from operating a day care or a food service business from home.
  3. Incorporate and register your business’s name with the city or county clerk. Determine if you will be the sole owner of the company or if you will have a partner.
  4. Apply and obtain a business license from your local government office. Also, determine if you should copy write or patent your work.
  5. Obtain a federal tax I.D. number from the IRS. This is imperative to have at tax time and will be needed, especially if you plan to have paid employees on board.
  6. Develop your business and marketing plan. Areas to consider include creating a website, business cards and establishing a separate business phone line.

Cottage Industries May Be the Next Corporate America

The beginning of corporate America started in the homes, kitchens and garages of everyday, ambitious people. With unemployment still high, Americans are turning inward to examine talents and abilities in an effort to make money. The dawn of Microsoft and Apple were started in garages as a cottage industry. Many others such as Famous Amos and even the creation of the bundt pan were cottage industry related.

Innovative ideas fueled by well researched, determined individuals is the heart and soul of the cottage industry. Additionally, its not just the working class making an impact on the cottage industry. Retirees are leveraging their pension to finance home-based business ideas, adding more life to the cottage industry than ever.

Gina Ragusa is a freelance writer and mom from sunny (and sometimes not) South Florida. Her 15 year experience ranges from writing about banking to tattoo parlors. Read more about her adventures at http://blog.wahm.com/





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How to Start a Candle Making Business (with Pictures) #business #sales

#candle making business

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How to Start a Candle Making Business

Decide what type of candle you would like to make. When you’re first starting out, it’s best to stick with one or two products. In candles, making container candles is probably the simplest, but you can also make mold candles or taper candles. [1]

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Pick a wax to work with. Waxes come in several main groups. Which group you choose is mostly based on preference.

  • One group is paraffin, which is a by-product of petroleum. You can find it in a variety of melting points, depending on what type of candles you are making. For instance, you need a higher melting point for tapers than you do for container candles. [2]
  • Another type of wax is beeswax. Beeswax is a product that bees make, so it has a natural, light honey smell. Some people prefer this wax because it is all-natural, though others will mix beeswax with other waxes for their candles. [3]
  • A third category of waxes is vegetable waxes, where soy is probably the most popular. One benefit of soy wax is it is pure white, and it also doesn’t shrink up when you pour it, which means you don’t have to pour wax more than once. Bayberry wax is also in this category. [4]

Learn the technique. One of the simplest ways to learn how to make candles is to take a class in your community. You may be able to find one with your local parks and recreation department or even at your local community college. However, you can also find a wide variety of tutorials online. In fact, you’ll likely be able to find all you need to know online if that is your preference. [5]

  • You can also check out books from your local library about candle-making.

Practice the technique. Before you start selling, you need to take time to build up your skill. Try working a little bit each day on your business, starting with practicing a bit each day.





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How to Start Your Career as a Credit Repair Specialist #home #based #business

#credit repair business

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How to Start Your Career as a Credit Repair Specialist

Are you good with money? Do you have a great credit score and want to help others do the same? Then your calling might be to become a credit repair specialist. While many lenders consider a good FICO score one that is above 700, the average credit score in America is between 687 to 692, depending on which source you refer to. You also have over one-fourth of Americans with a FICO score of 650 and under. So with so many Americans falling below the threshold of what is considered a “good” credit score, you can clearly see that credit repair can lead to a very lucrative career. So if you want to venture into a career as a credit repair specialist, read on to see how you can become a successful one.

Get a Degree in a Related Field

In order to gain some practical experience and knowledge in the field, you should major in a degree that is closely related to the credit industry. The most closely related degrees are business and finance. However, economics and math are degrees that are often useful in the credit repair industry. With that said, there isn’t a requirement to obtain a 4-year degree in order to become a credit repair specialist.

Learn How to Negotiate

As a credit repair specialist, you are an advocate for your clients who are in need of help in repairing their finances. In order to do that, you will negotiate with lenders and creditors on their behalf. If your client comes to you with $20,000 in credit card debt, you have to be able to negotiate with creditors to somehow lower your client’s debt down to something more manageable.

Know the Procedure to Get Negative Items off Credit Reports

Aside from negotiating with lenders and creditors, a huge portion of your time will be committed to getting negative items off your client’s credit reports. There are three credit bureaus in which creditors report to — Experian, Transunion, and Equifax. Creditors report credit limit, credit balance, late payments, collections, charge-offs, bankruptcies, defaults, and many other negative items that can adversely affect one’s credit score. In order to do this, you will have to be familiar with how each credit bureau deals and responds to complaints of errors on credit reports. This is probably the most important thing you can do to improve your client’s credit score. A removal of a 30-day past due mention on the credit report can raise your client’s credit score by more than 100 points.

Check Local Licensing and Insurance Requirements

Because money (and money problems) is such a sensitive topic, there will surely be licensing and insurance requirements in your area. Each locality has different requirements for licensing and insurance, so be sure to do your homework. Licensing and insuring yourself is a requirement if you plan on starting up your own credit repair business — but it may not be a requirement if you are planning to join a credit repair company as an employee.

Do a Thorough Background Check on the Company You Plan to Work For

There is no easy way to say this, but there are a lot of slimy businesses out there. So before saying “yes” to an offer, you need to check credit repair company reviews on the internet to see what others are saying about them. Are most of the reviews bad or good? What do they offer their clients? Have they been around for a long time? Are they accredited? What accolades or rewards have they received? These are the questions you should answer when you are looking at a company to work for.

Stay on Top of the Personal Finance Industry

In addition to getting your clients out of debt, you have to ensure that they don’t go into debt again. This may be a bad way to get repeat business but it is a great way to obtain new customers by offering excellent customer service and knowledgeable (and actionable) advice. In order to ensure that your clients don’t go into debt again, you will have to educate them on how to better grasp their finances. You should be able to educate them on the latest apps to manage their finances, the latest long-term growth investment vehicles, and the latest tax breaks to get them more money back at the end of the year. Educating your clients after you have gotten them out of debt will provide your customer with unsurpassed customer service and will give you peace of mind in knowing that you did everything possible to help.

Network

The financial industry is big and there is a lot of money to be made. By networking and partnering up with others in the financial industry in different segments, you can increase your bottom line and make more money. For instance, you can network with mortgage lenders, financial advisors, accountants, real estate agents, and even car salesmen and refer business to one another. It is a win-win as everyone is in different segments of the financial industry so there aren’t any overlapping interests.

Know How to Market Yourself Online

Although there is a lot of money to be made in credit repair, it is also extremely competitive and cutthroat. As such, you should gain the upper edge by learning how to market yourself on the internet. Your clients are everywhere online, be it Google, Twitter, Facebook, or LinkedIn. So the bigger digital presence you establish for yourself, the more money you will make. At the very minimum, you should have a Facebook page that is solely dedicated to your business and start looking for business within your Facebook network. Once you have that down, you can move onto other methods of getting business online, such as PPC marketing or search engine optimization.

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How to Create a Business Development Strategy #small #business #funding

#business development plan

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How to Create a Business Development Strategy

The Business Development Strategy is used to underpin your main Business Plan and essentially it sets out a standard approach for developing new opportunities, either from within existing accounts or by proactively targeting brand new potential accounts and then working to close them.

This document highlights the key issues you should consider prior to compiling your own plan and will hopefully guide you logically through a proven framework.

The key word is Strategy. because you are creating a workable and achievable set of objectives in order to exceed your annual target.

Your Starting Point :

The key words are Who? What? Where? When? Which? Why? How?

Who are you going to target?

What do you want to sell them?

Where are they located?

When will you approach them?

Which are the appropriate target personnel?

Why would they want to meet with you?

How will you reach them?

If you have conducted regular account reviews with your key accounts during the previous twelve months, you should be aware of any new opportunities that will surface during the next twelve months. You will also, when assessing what percentage of your annual target usually comes from existing accounts, need to review data over the last two or three years. (It is likely that you can apply Pareto i.e. 80% of your business will probably come from existing accounts and in fact 80% of your total revenue will come from just 20% of your customers/clients)

You will be left with a balance (i.e. 20% of my business next year will come from new opportunities) therefore you can then begin to allocate your selling time accordingly.

Next: Ideal Customer Profiling





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How to Start a Successful Window Cleaning Business #free #business #website

#window cleaning business

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How To Start a Profitable Window Cleaning Business

Can You Spare 7 Hours Next Saturday? If You Can, Here s How to Earn an Extra $350 With Your Own Window Cleaning Business

How would you like a part time or full time business that s profitable and easy to start? If you re tired of living from paycheck to paycheck and want to start your own business, window cleaning could be your ticket to a better life. You know how hard it can be to make dreams come true when you re working for $10 or $20 an hour.

The beauty of starting a window cleaning business is that you start making money right now, and you can start up for less than $600. The average window cleaner makes $50 to $70 per hour, so just by working four Saturdays a month, you could be bringing in an extra $1,400 to $2,000 next month! Best of all, you can make this extra income without quitting your regular job.

Working full time, the numbers look even better, as you could be pulling in as much as $8,000 per month. Imagine what you could do with a monthly income like that. It s hard to find another legitimate business that has such high earnings potential combined with a low startup cost and no degree or experience required. You can learn the basics in just a few hours.

With our complete startup guide,Profitable Window Cleaning . you ll learn a proven, step-by-step system, with everything you need to start making money right away. You ll learn how to pick the most profitable window cleaning jobs, how to find all the customers you want, and much more. To make this guide a must-have resource, we teamed up with two window cleaning pros, with a combined total of 30 years of experience in the window cleaning business, to give you insider tips and techniques on how to succeed as a window cleaner.

I just wish I had this book when I started my business fifteen years ago. Just the tips on marketing your business and add-on businesses could have increased my income by 50 percent. Bill Weber, Ohio

Eight Reasons You Should Get Started Right Now

  1. You can start a window cleaning business for less than $600.
  2. You ll be your own boss.
  3. Recession Proof. Windows get dirty regardless of the economy.
  4. You can make as much money as you want. You re in charge!
  5. Repeat business. Most window cleaning customers are repeat customers.
  6. Flexible schedule.
  7. Work from home you don t need an office or shop.
  8. Quick easy startup learn the basics in just a few hours.

You ve probably cleaned a few windows before, and know the difference between a squeegee and a scrubber. At this point, you may be tempted to head down to Home Depot, pick up a few tools, and get started. Sure. you could, but why not give yourself a big head start by learning the right way to do it all. Here s a small sample of what you ll find in Profitable Window Cleaning that can save you many frustrating hours of learning by making mistakes, and start your profits flowing sooner rather than later.

  • The best way to structure your window cleaning business to reduce taxes and give yourself liability protection.
  • Be sure to get this type of insurance if you want to do commercial buildings.
  • Pick a catchy name to stand out from the competition here s how.
  • How to turn a simple business card into a marketing secret weapon for getting jobs.
  • Buy this instead of a yellow pages ad, and save thousands.
  • How to set up a basic window cleaner s tool kit for around $200.
  • The perfect window cleaning solution just pennies per gallon.
  • Why you should never bid by the hour.
  • Why you never want to be the low bidder.
  • How to charge top dollar a $20 trade secret.
  • How to find the perfect price for window cleaning in your home town.
  • How to write a window cleaning bid.
  • Don t make these bidding mistakes 12 tips to save you grief.
  • Six simple add-on businesses that most window cleaning customers need all you have to do is ask.
  • The $75 an hour natural sideline to a window cleaning business.
  • 5 steps to perfectly clean windows. Be sure to practice this until it s second nature.
  • Window cleaning tips and techniques that can speed up your work, keep customers coming back for more, and avoid a few potential disasters.
  • Links to how-to videos that will have you looking professional in no time.
  • How to use simple flyers to bring in thousands of dollars in new business.
  • Six ways to use postcards to market your window cleaning business.
  • Six sample letters to get new customers, get referrals from existing customers, remind customers it s time for another window cleaning and sell add-on services. Ready for your use.
  • How to grow your business just from referrals from happy customers.
  • How to set up a free web site.
  • How to make money by giving away your window cleaning services!
  • Safety solutions seven steps to avoiding work-related accidents.
  • Resources links for window cleaning trade associations, magazines, forums, videos, marketing materials and professional window cleaning products.
  • Sample customer information form ready to copy.

I have had a six-figure window cleaning business for years, and still learned a lot from your book. The section on marketing is great, and you lay out the entire process of starting a building a profitable one-man operation. Nicely done! Sid Graef California

Order Profitable Window Cleaning Now, and Start Making Money this Weekend!

To make it affordable for you to get started in this business, I m offering you Profitable Window Cleaning for only $19, a $10 savings off the $29 cover price. That way, the tight economy and money are no excuse for not taking the first step in starting your own business. But I urge you to hurry. This special low price of only $19 is for a limited time only.

Of course, there is no risk to you. If you decide it s not right for you, just let us know within 30 days, and you ll have a full refund. No questions asked.

There has never been a better time to set up your own window cleaning business, at a cost anyone can afford. You ll be thrilled when you complete your first job, and get paid $200-$300 the same day.

How to Order

Profitable Window Cleaning is a 75 page eBook. delivered instantly as a PDF file so you can read it on your computer screen or print it out. You can start enjoying the guide right now, even if it s 2 a.m.

If you prefer a printed copy, you can print out the book on your printer and put it in a 3-ring binder for easy reading. You will still have the full-color eBook with all the links to resources. No printer? No problem. Just email the PDF file to your local copy shop, and they can print it for you.

P.S. Questions? Just call us at: (360)230-1917

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How to Get a Small Business Loan – Finance a Business – Wells Fargo

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Financing a growing business

Learn about financing options for small businesses.

Supporting both the operation and expansion of a growing small business often requires some additional financial support. Getting a small business loan or grant can help you bridge the gap when you need to make capital investments, increase your workforce, or move to a larger space. To help you decide which type of funding might be right for you, here are a few great small business-financing options:

Line of credit. Using a line of credit as working capital can make it easier for you to manage your cash flow as your income or expenses fluctuate. It allows you to borrow only the funds that you need giving you more control over the amount of interest you will accrue.

Business loans. For larger investments, it may be time for a term loan. Like a mortgage or personal loan, term loans come with fixed interest rates and monthly payments over a period of years. Unlike a line of credit, a business loan will provide you with a large sum of cash upfront. These loans can be ideal for expanding your space or funding other large investments.

Commercial loans. For established businesses that own commercial real estate, a commercial loan is another option. Like a home equity loan, a commercial loan allows you to borrow against the equity you’ve built in your business property. Depending on the value of the property and the equity you hold, this could mean more borrowing power.

Equipment loans. If you’re specifically looking for cash to fund the purchase of new equipment – including vehicles, manufacturing or production machinery, farming equipment, or other necessary equipment – then an equipment loan or leasing program may be what you need. Like business loans, equipment loans offer fixed interest rates and payment plans over a period of time.

SBA loans. Wells Fargo is the nation’s #1 provider (by dollar volume) of loans guaranteed by the US Small Business Administration – or SBA 7(a) loans. SBA 7(a) loans have longer repayment terms and lower down-payments than most conventional bank loans, and can be used for the purchase of owner-occupied real estate, business acquisition, equipment, or working capital. Wells Fargo also offers the SBA 504 program for larger, fixed asset purchases or construction.

Federal or state grants. Small business grants – money that does not need to be repaid – are limited and harder to secure than loans. State and federal business grants are funded by taxpayer dollars, and the money is awarded through a complicated legislative process. For more information on how to get a small business grant, visit www.grants.gov.

By knowing which small business financing options are available, you’ll have a better idea of where to turn when you’re ready to take your business to the next level.

Business insights from experts

Discover our comprehensive resource library, offering guidance and information to help you start, run and grow your business.

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