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Small Business Planning -- Three Myths
Copyright 2005 Denise OBerry
Are you -- like 70 percent of small business owners -- working without a plan? Here are three myths that need to be dispelled about strategic planning for small business.
1. It has to be formal -- Not so.
The value of a strategic plan for your small business is in putting the ideas on paper, creating action steps that will get you where you want to go and implementing those action steps.
2. I'm too small -- Not so.
Even a one-person business can benefit from a strategic plan. A strategic plan can help you make decisions about time management and budget. You can use your strategic plan to help you determine whether to attend an event or advertise in a publication. It's a check and balance tool.
3. A strategic plan is like a ball and chain -- Not so.
It's your plan. Too many small business owners feel like once it's on paper, it can't be changed. Wrong! Your plan should be an active document that gets reviewed and updated at least monthly, if not weekly. You're the business owner, you wrote it, you know what's happening in your market -- adjust as necessary.
About the author:
Denise O'Berry helps small business owners take action to grow their business. Find out more at http://www.smallbusinessmatters.com
Source: Article Directory
A $40 Million Dollar Little Known Referral Strategy
Copyright 2005 David FreyWould you like to know how a car wash chain with only 12 locations has cleaned over 33,373,975 cars and has an annual revenue of over $40 Million (that is not a misprint) using little to no paid advertising? Well, sit forward because I'm about to tell you. The company name is "Car Spa" and here's how I discovered their brutally effective referral strategy. I often go to Taco Bell to have lunch and read a book. I noticed a little flyer next to their cash register. A few days later I stopped in with my family to get a frozen yogurt and right next to the cash register was the same flyer....
Small Business 101: Deadly Ignorance
Copyright 2005 Daniel SitterAmerican small business is again in transition. Many employees, now working from home, are no longer tied to a geographic office and the woes of commuting. This is a relatively new phenomenon with hints of explosive sector growth in the days ahead. As this turbulent economy has forced downsizing, offshore restructuring and closures in large companies, many new entrepreneurs have been born. These are people, who instead of tirelessly attempting to find new employment and possibly enduring the same fate as previously experienced, are now starting small businesses and enjoying the benefits and perils of self-employment. There's an old story telling of an Admiral's decision to fight a battle against overwhelm...
How To Get That Promotion
If you're looking for that promotion or pay rise then you'll need to be noticed by your employer, so here's a few tips to help you stand out from the crowd:Have a Friendly & Positive attitude towards Everyone you come into contactProvide Service and treat Everyone as your customerBe Professional at all timesAlways look for extra work, especially when others are ducking for cover to avoid itWatch what your colleagues are doing, copy from the...
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Staying Sane For Small Business Owners
Your lunchtime thoughts are comprised of brilliant marketing strategies and anxiety over bill payments. You’re the CEO, human resources director, janitor, and administrative assistant all wrapped up into one. You open the doors at dawn and lockup when it’s time to wrap up for the day. Welcome to the world of small b... |  |
| How To Become The Next Home Business Success Story...
By Ken Leonard Jr.© KLJ OnlineSuccess with any small business relies totally on you. It's up to you to put in the hours, do your homework, come up with new customers and deal wi... | |
| Factoring Financing: How To Grow Your Business Without Debt Or Loans
What is factoring?Accounts receivable financing, also known as factoring, is a powerful financial tool that has fueled the growth and success of a number of companies. Factoring enables companies to capitalize on their unpaid receivables by selling them to a factoring c... | |
| Why Is Small Business Health Insurance Worth It?
If you’re looking for a guide to how to get health insurance andwhat kind of health insurance is best for your small business,then this is the article for you. Your business qualifies forsmall business health insurance if you have anywhere between twoand fifty employees in it. If you are self employed then you’llwant to look into getting self employed health insurance.There are many benefits to getting small business healthinsurance. A small business health insurance plan will helpspread the financial risk around to everyone and not justyourself. As this is the case, this generally will bring lowerpremiums and more extensive coverage. Along with this, thehealth insurance provides medical care for you and all otheremployees as well.With a smal... | |
| Early-warning-systems For Small Businesses
Most of you would say, that this might not be the most important problem small businesses have to solve during their business operation. Well, that might be true, but on the other hand, if your business has an early-warning-system, than it could assist you in operating your business and keeps you focused on solving the bottlenecks you are actually facing. But first of all, in case of Early-Warning-Systems it is necessary to define what a small business is. A small business is usually a business operated by 1 or a few people, but could also be a company with as much as 500 employees. This article concentrates on small businesses with 1 to 50 employees. As this is the definition of small business, than we have to define what an Early-Warning-System should look like. ... | |
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