Category Archives: Business

Top 4 Business Risks You Should Avoid at All Costs

There are just as many risks as there are rewards when it comes to running a small business. Are you and your business prepared for the trends and threats in your industry? The following are 4 risks every business owner should be aware of and avoid at all costs:

  1. Hiring the Wrong Team

Unfortunately, hiring the wrong people happens more often than you might think. Having the wrong person in a position can quickly turn into one of the most expensive risks companies make. Sometimes, an individual will have great credentials in a related area, but they simply do not fit the job at hand. There is also the risk of mis-defining goals, which could lead to the objective and the results of the job being at odds.

  1. Overlooking New Technology

Some small business owners are taking the digital transformation into account, while many others haven’t even considered the possibilities. It is not necessary to adopt every new technology you hear of, but it is important to look closely at your business, see where you could improve and then implement technologies that boost efficiency and save time.

  1. Brand Erosion

Customers’ expectations and demands are constantly changing. If you fail to consider your customers needs, you risk brand erosion and customer loss. Make sure your business focuses on understanding the buying preferences of all customers, including those of the younger generations. How do they buy? What do they buy? What are the latest trends?

  1. Lack of Working Capital

Sadly, many business owners wait until it’s too late to seek additional working capital. Without enough cash, a business risks being unable to cover payroll, cover day-to-day operating costs, upgrading equipment, increasing inventory, paying unexpected bills and more. Not to mention, it will be impossible to chase new opportunities with little to no cash cushion. Knowing what your funding options are is critical to maintaining healthy cash flow.

Could your business use some extra working capital to manage daily costs, hire new staff or avoid unnecessary risks? Consider getting in touch with a merchant cash advance broker to learn more about how an alternative financing option can help. You can have the cash you need in as little as 24 hours.

Author Bio: As the FAM account executive, Michael Hollis has funded millions by using business funding solutions, like merchant cash advance broker. His experience and extensive knowledge of the industry has made him finance expert at First American Merchant.

Internet Business Guide

As simple as internet network marketing seems to be, most aspiring home based business entrepreneurs quit before ever seeing a profit. That makes me upset, so I’ve compiled an authoritative internet business guide to guaranteed profits below.

There was a maxim that I heard from my mentor and friend, Daegan Smith, back when I got started, and this maxim is fundamental to any internet business guide. Here it is: ‘If you stare at your computer long enough, money will start coming out’. Does that sound too good to be true? Well, it really isn’t, and let me explain why. So many people who try to be internet marketers quit moments before they reach a breakthrough and profits begin to pour in. So, if there is one promise I can give to you, it is this: if you keep working, if you keep marketing, if you simply do not quit, then you will, you absolutely will make money. To be completely honest, my first several months in internet marketing were entirely unprofitable. If I would have quit, I wouldn’t have made any money. Only because I tenaciously kept working have I achieved the financial breakthrough that I’ve been waiting for.

Step two in the internet business guide is energy. It sounds like a nonessential, and many of my students say to me ‘Rob, I’m too busy to exercise. I have to market. I have to make money.’ Here’s my answer: would you buy from somebody who is lethargic, depressed, and unenthusiastic? What about your customers? Are they going to buy from you if you don’t exemplify the type of person that your customers want to be? People who exercise outdoors are 70% less likely to be depressed than those who don’t. So why not spend just a few minutes every day taking a walk outside and drinking a fresh fruit smoothie? Your bank account will thank you.

Now, you may have noticed that I didn’t include any of the specific, step by step processes you need to follow here in this brief internet business guide. There is a simple reason for that: 95% of internet marketing is mental, and only 5% is physical. If you want to learn the step by step process of exactly how to earn unbelievable amounts of income online, simply click the link below and get access to my business blueprint, but don’t even try to build an online business until you have mastered the two simple mindsets that we have discussed above.

Local Business Guide Offers Free Services For Businesses

Local Business Guide has opened the flood gates to its online business guide by allowing business owners to list their business for free. This new service allows businesses to cement their online presence. It allows businesses which had previously not had the opportunity to have a website to now have their own web address they can give to customers and use on their promotional materials.

For businesses already with a website this offers an additional avenue for further online exposure. The ability to change the details whenever the business pleases will suit many business owners which want to change their displayed product listings.

Visitors to the website can search for the businesses they are interested in a variety of ways. Search can be by category, location, postcode or a combination of all these. If a user was looking for Food and Dining locations they could simply select that category to view the available options.

The website allows visitors to drill down to their area of interest, a user in Newcastle looking for an Automotive business could simply access the Newcastle Automotive section and find all automotive businesses in their region.

Home Business Guide

As more and more people lose their jobs, the allure of starting a home-based business and escaping the work force seems more and more appealing. In reality, there are thousands of people who have made comfortable lifestyles for themselves by leaving the work force and starting home based businesses. So, below, I’m going to outline a quick guide to give you an idea of which type of business is best for you.

First off in our home business guide is Network Marketing or MLM companies. In these opportunities, independent contractors are accepted to join in a pyramid-style structure. These contractors make money by selling products and services and recruiting enrollees underneath them. Typically, a consultant pays an upfront cost to join the business, or opportunity.

Next is Affiliate Marketing. In this business model, an individual offers to advertise a product created as an affiliate. Unlike MLM companies, there is often no way to earn money based on recruiting new consultants. This type of a home business model is best for those who have a large list of email contacts numbering into the thousands whom they can recommend products and services to. Generally, affiliates are awarded 50% commissions based on all sales.

Similar to affiliate marketing is CPA marketing, where the owner of a large email list earns money by simply referring people to opt in on a lead capture page. CPA marketers are paid for each opt in they refer.

Also, some individuals who read this home business guide may find that they would prefer to start their own company based on marketing their own products and services. This is a great option, since home business owners are able to keep all of the money earned on each sale. The downside: building a ‘brand’ and a reputation is difficult when starting out.

Obviously, there are a number of other ways in which an at-home startup can be built, but these are the three easiest models for a new upstart home-based entrepreneur to start out in. All three are legitimate business models, and I have found success in each.

Internet Business Guide

WordPress is a handy application that can be used to publish your site online for your best home based internet business. WordPress is an open source system, which means it is free to download, install, and use.

Since its inception in May 2003, WordPress has quickly gained popularity within the online community as a tool which is limited by nothing, the inclusions in “Carmen” the latest version even allows the user to edit images within WordPress itself. Powered by PHP and MySQL WordPress is soon becoming the choice for many professional website developers as well.

Internet Business Guide – Open source

The open source revolution aims at creating and designing all the software a person could ever need, and to offer them at no cost to the user like you, so that you can use it to build your website for your best home based internet business. Open source programmers work on projects in their free time, and accept no remuneration; expenses for the servers and sites used are recovered in the form of donations from users.

Internet Business Guide – SEO – Search Engine optimization

Search engines archive a record of almost every site that exists on the internet. When a user requests information through a search engine, the system automatically looks through its archive and looks for a set of possible matches. The archive records tags of each page for easy indexing, upon a search it is these tags which are read to determine if the site will be useful to the user or not.

SEO deals with the technique of editing and creating tags which the search engine can pick up in the form of “keywords”. Keywords are phrases that a user is likely to enter in a search engine.

Examples would include “second hand cars” or “cheap electronics”, search engine crawlers will pick up these keywords and archive them as tags which will be later picked up and provided to a user upon a search.

Internet Business Guide – SEO and WordPress

Now that you know what WordPress and SEO are, it’s time to understand how they can work for you in your best home based internet business, and what functionality you can gain out of its usage.

WordPress fine tunes your pages navigational links, supports Nonce security, has a built in API so that other plug-ins and themes can be accessed to provide extended functionality, supports advanced canonical URL’s, is the only plug-in to provide SEO integration for your WP e-commerce sites and web pages of your best home based internet business.

WordPress also incorporates the following features to make tagging and linking a breeze, Optimization of titles for search engines, automatic generation of META tags, avoidance of duplicate data on different WordPress blogs, and any title can be overridden and replaced with a META description and META keywords of your choice.

WordPress is designed for beginners, intermediate users, and advanced users. Beginners can use it without fine tuning anything, and the application works marvelously well straight out of the box. Intermediate users can pick and choose what changes and modifications they would like to make or see in the end result, while advanced users can get into fine tuning and get the application to behave and provide an output exactly as per their expectations. Advanced users may also appreciate the CMS styled installation.

An Internet Business Guide

Many people still think that internet business is a new thing. They think that they know as well as anyone as to how the internet works. This isn’t true. There have been studies done, and internet business guide books written, that attempt to explain the intricacies of the internet. If you are going to start an internet business, it is important that you do some research so that you can find out how to be successful online. Here is a simple internet business guide that can help you to get started.

One of the oldest sayings when it comes to running a successful business is ‘location, location, location.’ This saying is just as relevant when it comes to internet ventures. No, you can not physically move your internet operations, but you can make sure that it gets a steady flow of traffic. The idea behind, location, location, location, is that the more people pass by your storefront, the more people that will come in. When you are working on the internet, the same rules apply. The more traffic that you can bring to your site, the more customers you will end up receiving.

You need to sell a quality product. Just because you are on the internet, doesn’t mean that you can’t care about your product. Whether you are selling a physical product, a service, or just advertising on your website, you need to have a quality product. If you are selling advertising, your “product,” is going to be the website itself. The more people that you can bring into your website, the more advertisers will pay to be on your site.

Your site has to be attractive. People judge books by their covers, they just do. You need to have an enticing home page. Most internet users click through sites without thinking. You have to make your site stand out from the rest.

The How To Catering Business Guide

People often overlook one important factor when looking for a niche to start a business: they should follow their own interests. People sometimes forget that it’s easiest to follow their own heart when opening a new business. If you love what you are doing, you’ll have a higher chance of succeeding in your venture. For people with a passion for food, one of the best industries to get into is catering. Of course, success in the catering business is not that easy to achieve; but it’s not really that hard to attain. For those who are interested, here is a simple and basic how to catering business guide:

The very first tip in the how to catering business guide is to find a specialization. Yes, catering is indeed a sub-category of the food industry, but catering itself has even smaller categories. If you want to make it, you have to pick one and focus on it. Of course, like always, make sure the specialization you choose is something you are interested in. You don’t specialize in wedding catering if you don’t even believe in the concept of marriage or love. You have to stick with your strengths.

The next entry in the how to catering business guide is to use all means to make yourself known. Make yourself visible in the market you want to get into and set yourself apart. Remember that the food and catering industries are one of the most saturated markets in the world. If you want to be remembered, you have to be extremely visible. You can participate in expositions on your specialization or market yourself online via social media sites. Do something that will differentiate your business like offering unique services. This way, people will remember you better.

The last entry from the how to catering business guide is to make yourself affordable. Don’t overprice your services. People have financial limitations. If you are just an up and comer, stay with the boundaries of being reasonable. If you make it big, then you can research charging more for your services. Making adjustments is a very big part of succeeding.

Small Business Guide

When you are ready to start a small business, you need to be sure that you are ready. This is because it is no easy task. You have to put in long hours and work extra hard. That is why you need a small business guide. This will give you some sense of direction when starting or even when in business. It is also important to ask for assistance on how to go down this path and survive while you at it. It is essential to have a business plan. This is the first step towards getting your business going.

This plan acts as a guide on how you intend to start your business, your marketing strategies, how to overcome obstacles, your projections etc. When you have a plan, you will be organizing various aspects of your business that may occur in the future. An important part of your small business guide is of course your start up capital. This has to be enough for you to do business for at least six months.

Another item you will need for your small business guide is to recruit a qualified team of people. When you have people employed in your business, you have a higher chance of your business surviving during the first few years. If you want your business to succeed, you have to have the required training and willingness to expand your knowledge. You have to know your strengths and weakness when it comes to business. Concentrate your efforts on what works well for you and use it to the full advantage.

It is also vital to keep your business costs low until your business is capable of running on its own. When you start in a frugal way, it will be easy for you to expand in the future. If you have and follow a reliable small business guide you will eventually achieve what you need for your business.

Your Online Business Guide

Making money through the internet has turned out to become a popular trend these days. A lot of people, professional or not, from all sides of the globe is already trying to find success in this kind of money-making business. Indeed, with the worsening financial crisis these days, this is a good alternative career for a lot of people today. So, if you are interested in entering this world too, here is an online business guide that can be of great help to you.

However, before going into the real meat of this guide, it is essential for you to know that not all people have tasted the sweet success of this kind of business. Though this is somewhat an easy business, it also has a lot of vulnerabilities like any other kind of offline businesses. Hence, you must make it a point to be very careful in whatever decision you make during this process. If you follow these guidelines in starting your own online business, you will be in the better side of the coin:

1. Have a list of different online business programs. If you are a beginner in the online business scene, you must have a good knowledge of the nature of the different kinds of business programs possible. This way, you can select which one will best suit you as an entrepreneur and will be essential to your success goals. As a hint, there are a lot of online business programs out there. Though you don’t have to learn all of them, at least know the ones that you are most interested at.

2. Learn from the researches. The next thing you have to do in this online business guide is to choose the online business program that will suit you best. This can be based on several factors such as your financial status, your interests, and a lot more other considerations. If you make sure that the online program you choose suits you best, there will be lesser chances of business failure.

3. Take Risks. It will be impossible for you to reap success if you have not taken any kind of risk. Whether it is simple or complicated, the risk you have taken will shape up your business in the end. As some people say, the lesser you risk, the lesser your gains are. However, be always on the safe side. If you are new to the business, start risking small. Once you learned enough, take more risks. But still, make sure that the risks you take make perfect sense.

4. Practice what you have learned and experienced. The whole idea of being successful in the business will always remain as a concept if you don’t work on it. Here, whatever the results are of your researches, go for it. Wherever you are led by your decisions, stand for it. Whether it is a success or failure, this is not the end of the online business scene. You have to make sure that you can go further than your current success or rise again from your recent failure.

Important Tips For Using an Internet Business Guide

You have done your research for an internet business guide and you have decided on the one you want to purchase. After buying the guide, you get into the material and you find out that it is a lot to comprehend. Was it more information than you bargained for? What do you do next? I have been right there in your shoes. Luckily, I have a plan for when I want to start working in a new internet business guide, and I would like to share these important suggestions with you.

1. Read through the first chapter or exercise. Just read the first time through. Once you have read the section, you will have a have seen the material and it will get the brain juices flowing.

2. Re-do the lesson, this time taking notes in a notebook as you go. This will give you something written to study, and will serve as a handy reference to come back to as you progress into other lessons.

3. Put the exercise into action. Starting from the beginning again using the text and your notes, do what the exercise is suggesting. By this time, you are seeing the information for the third time and will be becoming more familiar with it. As you read each step, perform the associated task on the computer.

4. Take your time. Rome was not built in a day, and neither can a successful internet business. Notice I did not say procrastinate.

5. Get support. If you have purchased a well known internet business guide, there are more than likely going to be many forums and discussion boards on the internet with posts about the guide. Ask questions from people who have been there, and know what you are going through. There are many internet marketers on the internet, and I have found that many of them are genuinely concerned about your success. Additionally, does the company you bought the book from offer support? If so, take advantage of it.

Now it is time for what we internet marketers like to refer to as “rinse and repeat”. Repeat the lessons a few times (using step 3), until you get comfortable. When you are comfortable with step 3, then you should go back to step 1 on the next chapter or exercise. If you do this, it will make the internet business guide much easier to understand, and may even save you a few headaches down the road.