Tag: Small

Small Business Websites: Tips – Tools #business #icons

#business websites


Small Business Resources


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Here at Webs, we are passionate about small business marketing. And while Webs family of products offers the tools small business owners need for great online marketing, we know that sometimes tools alone are not enough. Sometimes, you also need the instructions.

That s why we created the Webs Small Business Resource Center, where you will find informative articles to help your small business succeed from branding advice to website tips to infographics. We also have advice for various small business types, to address their specific marketing challenges. We hope you ll find this information helpful, and best of luck with your small business!

Marketing a Small Business

You’ve started a small business, and now you need to tell the world! Whether you need advice on email marketing, branding, or social media strategy, you’ll find it here.

Running a Small Business

Running a small business can be incredibly rewarding it can also be tricky. Here you’ll find tips on running a business, some helpful infographics, and more.

Small Business Websites

These days, a small business website is an essential for success. Check out some example websites, get tips for making your own, and learn about strategies like SEO.

Small Business Types

Every small business type has its own specific set of rewards and challenges. Here you ll find tailored advice for industries from art to real estate and more.

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How to Start a Business with a Partner – Small Business #memphis #business #journal

#business partnership


How to Start a Business with a Partner


  • Get to know your potential partner and learn about his or her personal and professional values, ideas and goals.
  • Consult a lawyer and an accountant to draw up a written partnership agreement.
  • Spell out an exit plan for you and the business.
  • Related How-Tos


    Business partners often start businesses together with little planning and few ground rules. Sooner or later, they discover the hard way that what s left unsaid or unplanned often leads to unmet expectations, anger and frustration. Partners can clash over countless things, including conflicting work ethics and financial goals, roles in the business and leadership styles. What follows is a primer on how to avoid that and set up and sustain a business partnership.

    First, ask yourself: Do I really need a business partner to build a successful company? Taking on business partners should be reserved for when a partnership is critical to success say, when the prospective partner has financial resources, connections or vital skills you lack. You may be better off hiring the other person as an employee or an independent contractor.

    Communication is important at every stage of a partnership, and especially so at the outset. A common mistake business partners make is jumping into business before really getting to know each other. You must be able to connect to feel comfortable expressing your opinions, ideas and expectations.

    If you haven t worked together previously, test the partnership out by tackling a small project together that showcases each other s skills and requires cooperation. This is also a way to learn about each other s personality and core values.

    Ideally partners professional skills should complement one another, but not overlap too much. For example, you may be detail oriented and your partner may be a big-picture thinker. Or you may be an expert in marketing and sales, while your partner prefers to stay in the backdrop poring over financials.

    To gauge how well you might work together, have a chat with each other s colleagues and family members. Key questions to answer include:

    • Do you and your partner share personal and professional values, ideas and goals?
    • Do you trust your partner s motivations and character?
    • In what areas of everyday life and business do you agree?

    Other points to consider:

    • What if a spouse or kid later wants to join the business?
    • How will it be handled if one partner acts unethically?
    • What if one partner wants to move out of the country?

    Potential partners may want to consider taking a two- or three-day retreat together to go over their individual expectations for the business and partnership, one by one, and compare notes. It can help the conversation to have the partners guess each other s expectations before revealing them to each other.

    Be especially careful when partnering with close friends or family members. Like many marriages, business partnerships can end in bitter divorce. Consider whether you re willing to risk hurting your relationship if the partnership falls apart.

    Approach a partnership with close friends or family as you might with strangers: Thoughtfully plan and prepare for every aspect of it in advance so there s no question about how difficult situations will be handled.

    A note about partnering with a spouse: Working together puts an added strain on a relationship, and couples can quickly discover there is a little too much togetherness. Those who succeed often have learned to set boundaries keep the business from dominating every aspect of their lives. For example, they may have agreed to leave the office at 5 p.m. and put all conversation about work on hold until after the kids are in bed.

    Once the decision is made to start a business together, you should create a partnership agreement with help from a lawyer and an accountant. Take this step no matter who your partner is. People with strong personal connections may feel certain that their supposedly unbreakable bond will help them overcome any obstacles along the way. Big mistake. Get a written agreement.

    Every agreement should address three crucial areas: compensation, exit clauses, and roles and responsibilities. Include who owns what percentage of the business, who is investing what, where the money is coming from, and how and when partners will be paid.

    Typically partners set up equal ownership and each contributes 50% of the initial investment. But terms can vary greatly. For instance, one partner might contribute more money if the other partner can bring in expertise or business contacts. As the business grows and changes, adjust compensation accordingly. For example, partners may agree to work initially without compensation, and to get paid after a certain revenue target is reached. In addition, if the business partnership brings on more people or if a particular partner is putting in more or less time, building some flexibility into the contract can let you adjust payments.

    The agreement should also cover how you plan to exit the business. Include clauses that spell out cases in which one partner is obliged to buy out the other s interest for instance, if one wants to quit the business. For instance, it can state that the other partner must buy him or her out for a prenegotiated percentage of the business s value.

    If neither partner wants to continue the business, partners can also liquidate and divide all assets. It s also a good idea to settle on in advance how to assess the total value of the business upon dissolution. The agreement should specify who appraises the business and the methodology to use.

    Outline your expectations for how you ll operate your business. Clearly delineate the roles and responsibilities of the partners based on their skills and desires. This will eliminate turf wars and clearly show employees to whom they should report.

    Establish routines for daily communication. For example, agree to talk twice a day at designated times and to re-evaluate their goals on a regular basis. At least once a quarter, sit down and discuss how you envision the future of the business and what steps to take in getting there.

    Addressing these issues up front will help you better focus on your business later. How you work out the details of setting up a partnership could be an indicator of how well or poorly your prospective venture will operate. Inevitably, some potential partners will realize through the process they weren t meant to be.

    Related WSJ Articles and Blog Posts:

    Online Tools:

    • Sample Partnership Agreement — A sample document of how to structure your partnership agreement, from Small Business Notes, a small-business resources and information provider.
    • Corporate Buy-Sell Agreement — An example contract that spells out how stock can be sold or transferred, from software maker Jian.

Additional Resources:

  • Creating a Partnership Agreement — A list of subjects to discuss with your partner when structuring a partnership agreement, from Nolo, a publisher of legal information for consumers and small businesses.
  • Plan Ahead for Changes in Partnership Ownership — A briefing on buyout agreements for planning what will happen when a partner leaves the business, from Nolo, a publisher of legal information for consumers and small businesses.
  • Plan Now to Preserve Your Partnership — A look at what you need to plan beforehand to keep your partnership successful, from Score, a nonprofit for entrepreneurship education.
  • Chart: Ways to Organize Your Business — A chart of ways to organize your business, from Nolo, a publisher of legal information for consumers and small businesses.

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10 Google Tools for Promoting Your Small Business #business #to #business

#small business ideas


10 Google Tricks for Taking Your Local Business Digital

By Kim Zimmermann, BusinessNewsDaily Contributor February 29, 2012 07:21 pm EST

Google may be a global search giant, but there are lots of ways to leverage the power of search to promote your small business to local customers. If you haven t yet embraced digital marketing for your local business, Google is a good place to start.

Consumers increased reliance on social media and online research to make purchasing decisions is helping drive the value of using Google to promote small companies. Yet, many companies still don t even have a website. In fact, nearly two-thirds (63 percent) of businesses do not yet have a website, Frederick Vallaeys, Google s AdWords evangelist. told BusinessNewsDaily.

Google Places is a good place to plant your flag, he said. These are free directory pages for local businesses; there are 50 million Type in your business name in Google, he said. If a Google Places page exists, it will show up in the results.

When you re ready to invest in advertising, you can take advantage of Google s AdWords. This is self-service, keyword-based advertising that works on a cost-per-click basis. You only pay when someone clicks on your ad and comes to your site.

Learn with Google can help business owners get acquainted with Google s business side. Entrepreneurs can check out free video courses, read how-to guides and follow worksheets to promote their businesses online.

Here is a brief overview of Google tools that will help you get your business going in the digital direction.

Since many small-business owners don t have a lot of time or advertising agencies at the ready, this is a quick and simple solution. Business owners provide some basic information and Google creates their ad.

Google will also manage your ad, pushing it to the right people whether they re searching on laptops or mobile devices.

Google+ Your Business

Facebook has become an unstoppable marketing force for many businesses, and Google has its own version.

You can share links, photos and promotions with the right customers at the right times.

The posts can be public so people can find them using search, or you can use the Circles feature to tailor specific messages to specific followers. You can even initiate live video chats with potential customers who want to dig deeper.

You need to know that your marketing efforts are not being wasted, and Google Analytics can measure your success. You don t need an army of analysts or even an enterprise to use this enterprise-worthy tool.

The free system allows business owners to track sales and conversions and measure your site engagement goals against thresholds. Once you know who is coming to your site and what they re looking for, you can write more highly targeted ads and strengthen your marketing initiatives.

Customers are still driven by deals and Google Offers matches your business with relevant customers in your area looking for discounts.

Customers prepay for these targeted discounts and small-business owners are paid a few days after the offer runs.

While Google can drive customers to your business, it can also be a money maker.

Small-business owners can add custom search engines to their site and earn cash from ads on the search results pages.

With AdSense, entrepreneurs can also display ads that match their audience s interests on their website and earn from valid clicks or impressions.

Google Keyword Tool

It is all about the keyword, and it is important to select the right ones to attract the right customers to your business. This feature enables you to test-drive keyword ideas using any combination of keywords, a URL and categories.

Users can compare statistics for your keywords with one or more match types at the same time.

The mobile search component provides data by search volume and competition types.

Once you perfect your keywords, you want to know how much your campaign will cost.

Business owners will get a report on average estimated cost per click, total estimated clicks and total estimate costs for each keyword.

Word spreads on the Web like wildfire, and Google s +1 button makes it easier for customers to share their experiences about your business.

The +1 button that connects Google+ makes it easier for your customers to start conversation with their circles while also providing timely recommendations. In addition, +1 annotations on Google search help bring these recommendations to users who are searching for your products and services.

There are Google Search, Display and YouTube ads, but mobile is becoming a prime methods for targeting consumers at the point of decision.

It is also important that your website displays well on an array of mobile devices. Using howtogomo.com, business owners can see how their site looks on a mobile device and get customized recommendations for creating a mobile-friendly experience.

Google Apps for Business

Communicating with customers and potential customers is key to your business, but it is not always easy without tech support.

Google offers a suite of online tools that are ready for business, including email, a calendar and documents.

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  • KPMG Small Business Accounting #doing #business #as

    #small business accounting


    Small Business Accounting

    What’s Included?

    Latest News


    “Our dedicated small business accountant responds to queries within the day, usually within the hour. He’s my go-to person for anything I need at KPMG.”

    Jason Ku, Founding Partner CEO, JKU Associates

    “I’m amazed at the investment and dedication KPMG has demonstrated since we began our partnership and there’s an implicit trust in place when you work with one of the Big Four.”

    James Roy Poulter. Founder, Pronto

    “I’m getting the service from KPMG at a local accountants’ price… but it’s another tick in the box having one of the Big Four doing our books.”

    Steve Renwick. Founder CEO, Satago

    I like the fact I have my own dedicated KPMG accountant, and how quickly she has picked up our model. She’s friendly but professional. If I were to rate her, I’d give her five out of five.

    Oliver Gauci. CEO, Love Me Beauty

    Our Twitter

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    Home Based Business for Sale NZ, Small work from home NZ Businesses for Sale

    #home business opportunities


    Home Based Businesses for Sale

    Search over 3,000 Businesses for Sale New Zealand wide. or subscribe to our very latest NZ businesses for sale. Before you buy a business contact several sellers of the businesses for sale NZ that interest you, to learn what s on offer and become better informed.

    Looking for a Large or Small Home Based Business for Sale NZ or Home Based Business Opportunities NZ? Search through 72 Home Based Businesses for Sale on NZ Biz Buy Sell, and check out New Zealand’s leading Small Business for Sale NZ listings.

    Find a work from Home countryCode] opportunity or choose from over 2500 businesses for sale New Zealand wide. Looking to list your Home Based Business NZ for Sale? See how to sell a Home Business

    Save this search (“Home Based Businesses for Sale”) and email me the latest listings.

    Saved Searches

    Businesses for Sale

    Search Results

    • New business partner Require Business for Sale | New Zealand | $15,000

    HUGE ROI 250% within a year. Golden opportunity in NZ for one selcted business person. [more. ]

  • Training and Development Industry Business for Sale | NZ Anywhere

    Onine Home Based Business. Vritually Recession Proof! [more. ]

  • Coffee News Business for Sale | Palmerston North and Wanganui | $8,000

    Two areas, Palmerston North and Wanganui. Coffee News is the world’s most popular restaurant publication and has been operating in New Zealand since 2001. [more. ]

  • Advertising Service Business for Sale | Invercargill | $8,000

    Coffee News is the world’s most popular restaurant publication and has been operating in New Zealand since 2001. [more. ]

  • Advertising Service Business for Sale | Queenstown | $8,000

    Queenstown Coffee News. Become part of the world’s most popular restaurant publication and has been operating in New Zealand since 2001. [more. ]

    Mobile lunch bars capable of significant expansion and / or franchising [more. ]

  • Equipment sale, hire and servicing Business for Sale | Auckland | $680,000

    Home based, beauty industry equipment [more. ]

  • Boarding Cattery Business for Sale | 136a Osborne Rd, Hamilton

    Home and Business Tender Closes 2pm, 21st September 2016 Harcourts 143 Ohaupo Road, Hamilton [more. ]

  • Portable Online Self Employment Wellington Business for Sale | North Shore Wellington

    Portable Online Work From Home Global Business. Create Your First $100k Online. [more. ]

  • Advertising Service Business for Sale | Gisborne | $8,000

    Coffee News is the world’s most popular restaurant publication and has been operating in New Zealand since 2001. [more. ]

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  • Find the Right Small Business Phone System – Cisco Systems #business #law

    #business phone systems


    Find the Right Small Business Phone System

    What to Know When Buying a Small Business Phone System

    Small business phone systems are available in a variety of configurations, offering an ever-growing range of features and benefits. Most modern small business phone systems today run on Internet Protocol (IP) networks the same network they use to connect employees, devices, and information resources.

    But how do you find the right small business phone system for your company? And what’s the best way to deploy it?

    Here are a few key considerations when evaluating and implementing a new small business phone system.

    Understand What Your Users Need

    The right small business phone system can give your people the tools they need to be more efficient. Does your workforce need easy access to mobile communications or video? Do workers need one phone number that simultaneously rings on multiple devices?

    Features and capabilities available include:

    • Mobile softphones, for using a computer as a phone
    • The ability to make and receive calls from smartphones or tablets
    • Video or web conferencing support
    • Automated attendant
    • Paging and intercom

    You can also get unified messaging, with notifications by email, text message, or phone. Instant Messaging and Presence technology, other popular features, help you quickly identify the people available within your organization and reach them at any given time.

    Reduce Your IT Costs

    Today’s small business IP phone systems can consolidate essential communications and collaboration capabilities onto a single server solution. This reduces IT complexity and communications costs.

    Be Prepared for Change

    A new small business phone system can change the way you and your employees work and conduct daily business transactions. For example, using video, you can meet with remote staff, customers, suppliers and partners to enhance key relationships.

    Talk to Your Trusted Advisor.

    Consult with your local service provider or reseller to help ensure that your phone system’s features and capabilities will meet your company’s short- and long-term business goals.

    The Cisco Business Edition 6000S provides all the essential communication and collaboration capabilities needed for your business. It is designed specifically to meet the needs of small businesses with up to 150 users. Cisco Business Edition 6000S offers an easy to deploy, manage, and use IP telephone system, plus much more.

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    North San Diego SBDC – Small Business Development Center #internet #businesses

    #small business development center


    Welcome to North San Diego SBDC

    Did you know…The SBDC is a leading provider of consulting services and workshops for small businesses in North San Diego County? We have the knowledge, resources and skills to help you build and maintain a successful business.

    We know that starting and running a business can be exhausting! With that in mind, we offer professional, progress-based, one-on-one consulting, as well as comprehensive workshops, designed to give you the information you need to “hit the ground running!”

    Already in Business?

    Get assistance to manage a successful business. Set up an appointment today with a Business Adviser to accelerate your growth! Get started and give us a call at: (760) 795-8740 today!

    First Time Starting a Business?

    In order to be eligible to meet one-on-one with a Business Adviser, the Small Business Start-Up Series is required for all first time, Start-Up business owners. We offer workshops and resources that provide step-by-step information to help start your business the right way!

    Register for a Workshop

    Our focused workshops help develop you as a successful manager and entrepreneur while also training you for the success of your small business.


    • Accounting / Quickbooks
    • Business Plan Development
    • Business Structure/Formation
    • Buy/Sell Business
    • Comprehensive Business Strategic Assessment and Analysis
    • Contracting with Government Agencies
    • Financial Analysis/Cash Flow Management
    • E-Business
    • General Business
    • Government Contracting
    • Human Resources
    • Market Analysis/Strategic Marketing
    • Marketing/Advertising/Public Relations
    • Sales and Business Development


    The SBDC is dedicated to increasing the economic vitality of the community by helping small businesses and entrepreneurs build a foundation for SUCCESS! Our Center staff and Business Advisors are here to assist in answering your business questions along with providing many resources that can help you grow your business profitably or start a new business.


    The North San Diego Small Business Development Center (SBDC) is hosted by MiraCosta College and is funded in part by the U.S. Small Business Administration and MiraCosta College. Our service area covers all of San Diego County north of Interstate 8. LEARN MORE

    Resource Partners

    Our Sponsors

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    Small Business Development Center – Abilene, TX #business #coaching

    #small business development center


    Why are we FREE?

    We are part of Texas Tech University and are affiliated with the Northwest Texas SBDC Region. We receive our financial support from TTU, the United States Small Business Administration, the State of Texas, and other sources.

    Consulting services are always offered free of charge and our consultants are prepared to provide small business help for many aspects of your business from advertising to exporting to financing.

    Seminars and specialized services are offered at low-cost to attendees and clients and are a great resource for networking with other business owners while brushing up on skills like marketing, copywriting, and human resources.

    Upcoming Events

    Where do I get a tax number?

    There is more than one kind of tax number so the first thing is to identify what you need one for. You will need a Federal EIN (employer I.D. number) if you will have employees, a business partner other than your spouse, and possibly also to open a business bank account. You can obtain an EIN number at irs.gov. You will need a Texas Sales Use Tax Permit if you are required to collect sales tax on your products and/or services. That application is completed through the Texas Comptroller s website at window.state.tx.us/taxpermit .

    Am I required to collect sales tax?

    What legal structure am I required to use?

    You’re free to choose from any legal structure you like. The most popular in Texas are sole proprietorships, general partnerships, and limited liability companies (LLCs).


    Whether you’re trying to grow your existing business or start a new business, there are many sources of information available to help you make the best decisions possible. The time and expense required to use these databases is cost-prohibitive to all but the largest of firms. So what’s a small business to do? The SBDC has access to some of the most sophisticated research databases available and best of all, the research is provided to SBDC clients FREE OF CHARGE!

    **REMINDER**Texas Tech Small Business Development Center Abilene will be hosting OSHA 300 Log of Work-Related Injuries and Illnesses Workshop presented by Kathleen Franklin, Safety Health Consultant Inspector IV, OSHCON Program.

    The OSHCON Workshop is a great opportunity to help Texan employers understand and comply with Occupational Safety and Health Administration standards. Our presenter will also be covering the new submission requirements that go into effect 2017 and go over how to fill out the OSHA 300 log.

    Seating is Limited. Please call and reserve your spot today. 325-670-0300. See More See Less

    August 30, 2016, 6:00pm – August 30, 2016, 8:00pm

    Texas Tech Small Business Development Center Abilene will be hosting OSHA 300 Log of Work-Related Injuries and Illnesses Workshop presented by Kathleen Franklin, Safety & Health Consultant Inspector IV, OSHCON Program.The OSHCON Workshop is a great opportunity to help Texan employers understand and comply with Occupational Safety and Health Administration standards. Our presenter will also be covering the new submission requirements that go into effect 2017 and go over how to fill out the OSHA 300 log.Seating is Limited. Please call and reserve your spot today. 325-670-0300.

    America’s SBDC at TX Tech University

    For those of you who missed out on the great seminar by Jon Schallert in Abilene this is just some of his realistic approach to business. The SBDC proudly sponsored Jon and his Destination Business and we hope to share some of his insight with you from time to time.

    The Profound Marketing Limits of Facebook
    By Jon Schallert

    Let me ask you a question: Would you feel confident if you hired a carpenter to build a new addition to your home, but when he showed up, he only came equipped with a hammer and no other tools?

    Nope, you wouldn’t feel confident. You’d probably be worried! That’s because you’d expect a carpenter to have a full set of tools, just so he’s ready for any building challenge that might present itself.

    Here’s why I’m asking this question: When I conduct Destination business workshops and I ask the business owners in attendance what they’re using to pull in customers, there are always owners who proudly proclaim that they ONLY use Facebook to attract customers to their businesses. Some of them will even go so far as to say: “I never use radio, newspaper, cable television, or any print ads. I only use Facebook.”

    I’m always baffled by this. Why is it that business owners feel confident relying only on one single tool, Facebook, to attract customers to their business?

    Well, my theory is that up until about two years ago, Facebook was the newest social media tool around and it cost a business nothing to use it, and it worked incredibly well. But then, Facebook decided to start generating a lot of revenue for their company, so they changed their algorithm, and their rules for posting, and all of a sudden, businesses were finding that when they posted a sale or a special offer on Facebook, it reached very few people who had Liked their page.

    For most owners, it was right then that they realized all the people who had Liked their page were not really their people at all; they were Facebook’s people. Honestly, it was a brilliant business move by Facebook, but also one that made me go from thinking of Mark Zuckerberg as a genius, to more like a sleazy used car salesmen who suddenly lets you know that he’s added that rust-protection treatment to your purchase without you knowing about it.

    Seriously, when Facebook changed those rules, and you’d worked so hard to attract those customers to your business Facebook page, didn’t you feel like you’d just been taken for a ride?

    Now understand that I’m not saying that Facebook’s a bad tool. On the contrary, it’s a great marketing tool, used correctly, especially when you understand its limits. It’s just like the hammer of the carpenter; it has its place and purpose, and it’s all dependent on what type of customer you want to target.

    But let me be clear: Facebook is NOT the best marketing tool if you want to:
    1. Target consumers who have a lot of money, and you want to reach them with a brand image that conveys the emotion of your business, or
    2. If you want to target consumers who live in homes that have at least a value of $800,000 or more, that also have over 50% of their mortgages paid off, or
    3. If you want to identify and solicit top companies, and you want to reach both the CEO and all of the company’s executive team, or
    4. If you want to sell to a company but you don’t know the key decision-makers, and you’d really like to understand the entire hierarchy of that company before wasting your time talking to people who don’t matter, or
    5. If you’d like to attract all the new homeowners who have moved into your city in the last 3 months who live within 15 miles of your business.
    I’m stopping at 5, but I could go on. I think you’re getting the idea.

    The harsh reality for independent business owners today is:
    1. There are no fool-proof, perfect marketing tools, including Facebook.
    2. It’s important that owners not fall into the trap of relying on only a handful of marketing tactics and dismissing other tactics simply because they didn’t work as well in the past.
    3. It’s important to recognize that the most successful marketers use a combination of publicity, advertising, other marketing tactics integrated into a plan, each tool dovetailing with the others, what Mark Stevens called a “swarming offense”, all designed to lure customers in your doors (if you want to read more of Mark’s wisdom, just click here)
    Do yourself and your business a favor: Be prepared like a successful carpenter, and fill your marketing tool box with an array of tools that you can turn to when you need them.

    Update on 2016 Destination BootCamps

    Here’s an update on our remaining Destination BootCamp classes of 2016:
    • Our next BootCamp on September 13-15 has 4 seats remaining in it.
    • Our newly added BootCamp on October 11-13 has 9 seats remaining in it.
    • Our last Destination BootCamp of 2016 on October 25-27 is sold out.
    We have also added an Advanced Graduate-Only Destination BootCamp that is only open to those who have taken my Destination BootCamp class previously between 2002 and 2016. (Theoretically, you could attend the September 13-15 class, and just hang out in Colorado for 11 days, and turn around and take the Advanced Graduate-Only class, but maybe that’s asking a lot of you.) Learn more here about the Advanced Graduate-Only BootCamp class.

    For those of you who missed out on the great seminar by Jon in Abilene this is just some of his realistic approach to business. The SBDC proudly sponsored Jon and his Destination Business and we hope to share some of his insight with you from time to time.you should take some time to read what other previously skeptical business owners (just like you), said AFTER they took the class. Read that by clicking here. See More See Less

    Jon Schallert – www.JonSchallert.com – Founder of the Destination BootCamp – www.DestinationBootCamp.com – Started Destination University to help small business owners around the globe receive the help they need to succeed – www.DestinationUniversity.com

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    Inflow Honored by Denver Business Journal – s Small Business Awards #online #business #degree

    #denver business journal


    Inflow Honored by Denver Business Journal s Small Business Awards

    Inflow was honored by the Denver Business Journal as part of the inaugural Small Business Awards on April 19, 2016. This award sought out to recognize small businesses that have excelled. The awards were broken down into tiers according to the number of employees a given company reports.

    Inflow placed fifth in the employee tier category of 21-29 employees.

    Inflow has been dedicated to healthy and sustainable growth as a company, while creating a culture and work environment where all employees want to be starting with Mike Belasco, the President and CEO .

    This dedication on the part of Inflow has allowed for employees to grow in their roles, expanding their knowledge bases and passing that value along to clients.

    Photo courtesy of Denver Business Journal / Photographer Kathleen Lavine

    Belasco, always quick to show appreciation to his team, said, Each of you is responsible for a piece of this and together we can accomplish great things!

    This is the sixth consecutive year Inflow has been recognized by the Denver Business Journal for continued growth and success.

    Denver Business Journal is one of Colorado s premier and long-standing news sources reporting on the Colorado business and economic sectors. The publication recognizes outstanding businesses and business leaders in different ways via awards and special lists. To learn more about DBJ, visit their homepage.

    About Sara Downey Robinson

    Sara Downey Robinson has a rich background in blogging, writing, storytelling and content management. Her freelance writing has appeared in numerous print publications and across the Internet.

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    Funding a New Small Business? Don – t Bother With Banks #business #magazines

    #new business financing


    Funding a New Small Business? Don’t Bother With Banks

    Question: What steps should I take before applying for a loan to open a small business? I’d like to maximize my chances of getting a good response.

    Answer: Getting a small business bank loan is never easy, and it’s been especially difficult since the financial crash of 2008 and the lingering credit crunch. Even though small business lending is rebounding somewhat, it is still virtually impossible to get a loan to open a new business.

    That’s because lenders want to see a financial track record for your business that demonstrates your ability to repay the money they’re lending you. Without that kind of history, the lender has no way to know if your venture will be successful enough to make good on your obligation. Banks are lenders, not investors, and they’re not interested in knowingly making equity investments in businesses, as an industry representative told me in 2011.

    So what are your options? Most entrepreneurs start their businesses with savings; they put startup costs on credit cards; or they get loans from friends and family. There are also more creative ways to raise startup capital, such as babysitting or renting out a room in your apartment.

    The void in bank lending has spurred the growth of alternative lending, which can be costly but gets money to entrepreneurs quickly and without a lot of hassle. Another new option is crowdfunding through websites such as Kickstarter and Indiegogo.

    Some niche alternatives that have sprung up are less well-known. For instance, culinary businesses can apply to the Whole Foods Local Producer loan program, which the company says has lent $10 million to businesses making local food products since its inception in 2007. Interest rates range from 5 percent to 9 percent, and it helps if your company is already a Whole Foods supplier, though it’s not mandatory.

    Or maybe you need a loan to buy a franchise business. Many franchisers started to recognize that they’d need to help prospective franchisees with financing after home equity—once a common source of startup cash—plunged in many parts of the country. Matco Tools, which has been selling tools to auto mechanics via independent distributors since 1979, ramped up its in-house financing program in 2008, says John Green, vice president for marketing and e-commerce at Matco Tools. The program can cover up to 100 percent of initial inventory and working capital costs for qualified prospects who want to buy Matco franchises, which range between $89,000 and $144,000.

    Perhaps a more realistic option for you is connecting with a nonprofit microlender. Caitlin McShane, communications director of Opportunity Fund. a California microlender, says her organization is making several times as many loans as it did five years ago. “We lend between $1 million and $2 million a month and do over 1,000 loans a year,” she says. The organization has offices in San Francisco, San Jose, and Los Angeles. It is currently running a startup funding challenge that aims to provide loans of up to $50,000 at 7.5 percent interest.

    When you do get your business to the point that a bank loan is a more realistic possibility, after two to three years of operations, here are some tips from Laurie Pettinella Zona, a partner in early-stage startup accelerator K5Launch.

    Make the loan officer’s job easier by “clearly illustrating why your business is a less risky investment,” she says. Be clear-eyed about what the risks are, however, as pretending to be risk-free is a bad idea. “Show that your business has a proven business model” with steady, paying customers, she says. And “put your best foot forward and sell yourself: your résumé, background, references, prior successful businesses, and history of paying back loans or investors.” Paying down your personal debt and getting your credit score as high as possible are also good ideas.

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