Deprecated: mysql_connect(): The mysql extension is deprecated and will be removed in the future: use mysqli or PDO instead in /home/a26f9f83/public_html/articles/includes/config.php on line 159
Are You Ready to Own and Operate a Business? > NetSparsh - Viral Content you Love & Share

Are You Ready to Own and Operate a Business?

How often has someone thought of starting a business based solely on the fact they think it will be easier than working for someone else. Fact is, owning and operating a business can be one of the most grueling experiences you will have. Granted, there are many advantages, but unless someone has actually run a business there is much to consider before you make that decision.

The following information will help you operate a business more professionally. With today's technology there is no reason you cannot have the look of a large company even if you are working off your kitchen table. If you have a home based business it is suggested you have a room dedicated to your business. This helps you to stay focused and there are some major tax benefits in doing this.

PROFESSIONALISM

-Choose voicemail rather than an answering machine. There is a major difference in the perception to the caller.

-Toll free number. Check with your local telephone company to find out if this is available to you if you will have a lot of clients/customers from outside your calling area.

-Have a separate business phone line. You do not appear very professional if your children answer the phone.

-Email. Avoid using free services due to limitations and perceptions. -Dedicated fax line. A small business will appear as such if the fax number and phone number are the same.

RUNNING AN OFFICE

-Stay organized. The more you can keep yourself organized the easier it will be to respond to customer's requests in a timely fashion.

-Color file folders. A great way to organize your file system. Each color indicates a category.

-Dedicated file cabinets. Separate personal papers from business.

-Form letters. Don't reinvent the wheel with every letter you write. Keep form letters on a disc or your hard drive.

FINANCIAL END of running the business. There will be many costs to running a business. The following are some of the investments you will need to consider.

-Medical insurance
-Separate phone lines
-Taxes
-Marketing material
-Office supplies
-Products
-Service fees
-Accountant
-Financial Planner
-Bookkeeper
-Keep excellent records
-Keep all receipts
-Advertising

THINGS YOU WILL NEED IF YOU WANT TO STAY COMPETATIVE

-Business license
-Incorporate
-Bookkeeper
-Financial planner
-Marketing material
-Business cards
-Letterhead
-Envelopes
-Folders
-Letters of referral
-Bio sheet
-Product or service sheet
-Web site

PROFESSIONAL ORGANIZATIONS

-Which ones are most beneficial for you to join? To get the biggest benefit from any organizations you need to get involved. Use the monthly meetings to network.

-Dues and fees. How much are the annual dues and cost for monthly meetings?. Figure that in your budget.

-Conventions. Are there any conventions you need to go to? What is the time and cost investment? Talk to others who have gone to find out if it will be worth the investment.

-Network. Most of your business will come from referrals.

QUALIFYING THE BUYER

-Who is my customer?

-Do they have a budget for my product or service their budget?

-Do I want to work with them?

PAPERWORK

-Invoices

-Contracts

-Service agreements

-Letters

MANAGE PROFESSIONAL IMAGE

-Responding to requests by providing what the customer needs. If you are not the person for the job, who can you refer (that's why networking is so important)

-Follow-up. Do your follow-up in a timely fashion

-Develop a good relationship with the client

-Return calls as soon as possible

-Send information in a timely fashion

-Priority mail is often less expensive than first class. And it can be more impressive to your client.

-Keep in touch after the fact. A mistake a lot of people make in doing business is they do a job for a client and then seem to forget the client. It is easier to get repeat business than it is to find new business, and yet, so often business owners and salespeople (which is what you are if you own a business) will look for the new customer and forget about their existing clientele.

Kathleen Gage is a keynote speaker, author and business advisor specializing in marketing and promotions. Access Gage's's FREE eBook about how to gain visibility on the Internet with Street Smarts Internet Marketing at http://www.streetsmartsmarketing.com/free -ebook.htm

In The News:

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

CNBC

This small business used courts to implement an import duty
CNBC
This small business used courts to implement an import duty. 1 Hour Ago. Auburn Manufacturing CEO Kathie Leonard sued to implement an import duty on the industrial textiles she produces. Watch CNBC Live TV ...


CNBC

How one small business struck back against Chinese dumping
CNBC
Since 1979, Kathie Leonard has run Auburn Manufacturing, a small company that makes heat and fire-resistant fabrics for industrial use. Leonard has two facilities in Maine, selling to heavy industry businesses in oil, petroleum, shipbuilding, and even ...


Entrepreneur

Start a Small Business by Monetizing Something You're Already Doing
Entrepreneur
Despite that dismal statistic, many bloggers who started small are now earning hundreds of thousands of dollars each month. One of the best-known examples is the Huffington Post, started by Arianna Huffington, which today generates over $29,896 per day.


Zacks.com

Small Business Optimism Index soars
Asheboro Courier Tribune
RALEIGH — The National Federation of Independent Business (NFIB) released its Small Business Optimism Index, which increased in May to the second highest level in the survey's 45-year history. The index rose to 107.8, a three-point gain, with small ...
Small business optimism soaring, especially among womenBusiness Record
Small Business Sentiment Best in Over 34 Years: 4 Fund PicksZacks.com

all 4 news articles »

Red Bluff Daily News

Small business workshops offered
Red Bluff Daily News
The following workshops are being offered by the Northeast California Small Business Development Center at Butte College. All courses are at the center, 2480 Notre Dame Blvd., Chico. The New Venture Entrepreneurial Series will be held 8:30-10:30 a.m. ...


WTMJ-TV (press release) (blog)

Growing Your Small Business This Summer
WTMJ-TV (press release) (blog)
It's tempting to brush off work during these summer months, but don't get too comfortable! Summer is an excellent time to make strategic adjustments to make 2018 the best year ever for your small business. Use this half-way point in the year to take ...


USA TODAY

Get started: Small businesses vulnerable to cyberattacks, then don't ...
USA TODAY
Small businesses suffered a barrage of computer invasions last year but most took no action to shore up their security afterward. The survey found that 47 ...
Small businesses vulnerable to cyberattacks, then don't actABC News
Small businesses vulnerable to cyberattacks, then don't act - SFGateSFGate

all 19 news articles »

Asbury Park Press

Small businesses must surprise, delight their customers
Asbury Park Press
Take for instance, my recent experience with Delta. On a flight back from a conference, my suitcase was broken. The airline offered to send my bag off to be fixed, reimburse me if I got it fixed or give me a small voucher. I decided to get my bag fixed ...


3 Ways Big Brands Can Adopt a Small-Business Mind-Set
Destination CRM
Strangely enough, even as more and more businesses succumb to the ease of operating at a larger scale, smaller businesses that are straying away from the trend are continuing to see success, with the National Federation of Independent Businesses ...


Capitol Weekly

Small business loans in jeopardy
Capitol Weekly
Politicians often praise small business owners for their role in our economy and in our society– and rightly so. After all, small businesses employ nearly half of all Californians, provide vital goods and services, and help create vibrant communities ...

Google News

Aircraft Washing Business Tip - Interior Private Jet Cleaning

Aircraft Interiors of personal and corporate jets have hundreds of... Read More

13 Steps to Protect Yourself from Your Bank

The success of your business is critically dependent on how... Read More

Why the Over Regulation on the Franchising Model?

Franchising is the fastest way to build small businesses, provide... Read More

The Care and Feeding of Your Small Business

While I was hard at work last week, an everyday... Read More

Mobile Car Wash Market Opportunities in California

The current lack of industry leaders represents an exceptional opportunity... Read More

Will Adding a Car Wash to Your Fast Lube Add Additional Crime to Your Facilities?

Car Wash Crime in the Hood. Apparently not everyone is... Read More

Who Makes the BEST Alliance

What types of companies do you want to align yourself... Read More

Nevada Incorporation: The Advantages of Incorporating in Nevada

Incorporation in Nevada has become an attractive option for savvy... Read More

Five Tips for First Time Entrepreneurs

It seems so long ago that I started my first... Read More

Eight Key Steps to Selling Your Business and Cashing In

This year, some 700,000 American businesses will be sold. Most... Read More

Professional Car Care Businesses You Can Start

If you are in the professional car care business you... Read More

Dynamics of Daylight Savings Time on Service Businesses in the United States

The Dynamics of Daylight Savings Time changes the way we... Read More

Have You Thanked Your Competitors Today?

Competition in the business world is often viewed as a... Read More

Change May Be Your Ace in the Hole

Whether it has been thrust upon you by external market... Read More

Youll See It When You Believe It - Growing Your Business from the Inside Out

What unspoken message are you sending your clients and customers?... Read More

How to Give Informative Talks

Why should you do informative talks to smaller groups?Informative talks... Read More

Do You Own Your Business Or Does It Own You?

What was your aim when you went into business for... Read More

Franchising in The Middle East There Will Bring Significant Opportunity for US Based Franchisors

As stability emerges in the Middle East there will be... Read More

Using Holidays to Put Some Extra Cheer in Your Cash Box

No matter your age or station in life, we all... Read More

Perfecting Your Pitch

Why should you describe your business to others in 5... Read More

Age Old Marketing Technique Improves Business Plan Executive Summaries

Every business plan book tells you how the Executive Summary... Read More

Time to Sell your Restaurant? Some Advice from Restaurant Consultants, Inc.

As a specialist in getting restaurants open, it is surprising... Read More

Recognizing Employees? Contributions Can Go a Long Way

Every employee would like to earn as high a salary... Read More

How to Sponsor an Event for Fun and PROFIT

How do you sponsor an event and get personal introductions... Read More

Packing Material Thats Cheap!

Shipping materials can be expensive! Even the styrofoam "peanuts" can... Read More