Archive for the ‘Small Business’ Category

I’m A Small Business Owner, How Can Outsourcing Help Me?

Many of our clients have been able to build their businesses successfully as a direct result of outsourcing. One of the most common jobs that they outsource is appointment setting. If your company does any type of outside sales (and most do) having an outsourced telemarketing department is ideal. Think about it, if you tried to hire telemarketers in house, you have to set up office space, get office furniture, get special phone lines installed, get computers, etc. You even have to either manage them yourself or hire someone else to make sure that they’re showing up on time, working their agreed upon shift, calling properly, reading the scripts properly and performing the way that you want them to. 

Yet when you outsource your appointment setting, all you do is have your sales force (or yourself) show up to prescheduled appointments and write up deals. That’s it! No trouble no hassle no headaches. All of this for an employee that costs around $5 per hour.

As a small business owner, you can also use virtual assistants to contact your existing clients and cross sell them on additional products and services (a very successful and profitable strategy). In addition, they can serve as an answering service when you’re out of the office, handle your billing / payments & collections, perform accounting and bookkeeping and more. Some mortgage companies use outsourced workers to call homeowners and sell them mortgages over the phone.

Realtors use virtual assistants to help them run their offices. Their reps help them prepare documents, upload listings, answer phones, do internet marketing, send out client newsletters and more. Other businesses have outsourced reps handling some of their marketing functions. These include internet marketing. There are over 50,000 free classified ad sites on the internet other than Craigslist. Some business owners have their outsourced marketing reps posting ads on these sites each month. They also design their print and internet ads, launch their direct mail campaigns, fulfill information request orders, perform E-blasts, perform “Live Chat” for their website, perform search engine optimization, blogging, writing and posting articles online, updating their website monthly, and much more. Some accounting companies even have outsourced reps doing their clients bookkeeping (unbeknownst to their clients). Other companies have outsourced reps doing actual sales entirely over the phone and internet.

So as you can see, there are a tremendous amount of ways that you as a small business owner can benefit from outsourcing. The ways we mention above are just a few examples yet the possibilities are endless.

 

 

Small Business Information You Should Know

What are small businesses?

Small businesses are businesses with less staff. The staff limit is different for different areas. These businesses are generally owned by individuals or are started in partnerships. Other criterions to decide small businesses are the turnover and profit. The less is the turnover or the profit, the smaller is the business. The smallest businesses are called as ‘micro businesses’ and those managed by families are called as ‘mom’s and pop’s business’. These smaller businesses generally have employees in number from 0 to 10. Many a times, the owners are the workers in these businesses.

Advantages in small business:

The basic advantage of starting a small business is that you need less capital and money to start the business. Also, one can start a small business on part time basis. The basics of a successful business are the regular modifications that one does to it. In small businesses these modifications can be easily done as one does not need to follow any trend or face any compulsions in small business unlike in big businesses. Also, a small business can give much more to its customers than a big one as they have the power to provide each and every customer the required personal attention and take into account all the suggestions and even implement some of them. Small businesses provide daily bread to many a people and thus are very important.

Marketing small businesses:

The most common methods of marketing small businesses are customer referrals, mouth publicity, radios, newspapers, internet, directories, boards, etc. Television ads can be a bit expensive for advertising small businesses. Internet marketing is considered the most cost effective and result oriented method of marketing small businesses. The ads can be placed on websites or even search engine web pages. The costs are decided on the size of the ad and thus can be easily moderated.

Small business ideas:

- Franchisee business: this is one of the extremely profitable ideas of a small business. The only things that you need to start this business are a place and some capital. The best part of this business is that the things that you sell are already quite famous in the market and thus you need to do very little expenses on the marketing.

- Event planner: if you know the knack of organizing things perfectly, then you can become an event planner. You need to plan out meetings, parties, weddings and other such get-together for your customers in the given budget. The best part of this job is that it is extremely interesting and your work does the marketing for you.

- Computer repair: if you have done any hardware or software course or have learned any computer language then you can start the work of computer repairing. You just need to sort out simple problems in computers. The best part of this job is that you get to learn a lot more than you have about computers. But, you should do only the work that you can manage and avoid doing any guess work.

Why the government should invest in small businesses- great American spirit

Every street corner you turn shows the marks of many small business developments.  I believe if we don’t support these businesses, then America’s streets will be like ghost town, and this can economically scarry to people that depend on them.  This is why we need small businesses to exist.  Did you know in 2005 about 587,592 jobs were outsourced to foeirgn countries?  These jobs were outsourced by big companies not small companies.  small companies are loya to Americans employees.  I think companies that keep shipping jobs over seas, and causing too many jobs should not get tax break from the government.  I know some people will say but it’s too expensive and there too many overheads for these companies in the U.S. but they forget to know that it cost lot to reestablish to in a foreign country as well.  These companies must also understand that the consumers buying power in these countries is not as strong as the American consumers. 

 

  Countries like India and China are reaoing the rewards of outsourcing why this country is falling apart economically.  50% of workers are hored by small businesses.  This is very important for the government to understand now, and no more waiting.  The government should provide, not just loans but grants to people small businesses that need them the mosti f banks don’t.  Big are being bailout, it’s for small businesses get a bail as well.  By the way you must understand that most of big companies today started as small businesses.  You never know what small businesses can do in the future.  It’s time that taxpayers dollars work for small businesses as well. 

 

  Outsourcing kills Americans jobs.  Many lose their jobs.  we can’t keep encouraging people to get degree, and can’t find a job after that.  This make no sense at all.  I believe outsourcing is one of the reasons why we’re in this mess today.  We keep bailingout big companies and they keep failing.  It’s time some real leadership.  People that manage small businesses have better management skills because they keep thriving, why the big keep failing.  we have to work with one voice and and support small businesses before it’s too late.  we have to jeep fighting for what we want.  Never give in to the recession pressure.  For those seeking opportunities and financial freedom visit my resource box at www.mlmeducationblog.com email: prince@unlimited-wealth-online.com  phone: 612-306-4920