Jul
25
2008
Continuing FAQ: When it Comes to Starting a Business
24. What do I do with regard to advertising?
Business growth will be influenced by how well planned and implemented an advertising program. Advertising is one of the main creators of commercial image, it must be well planned and well budgeted. Communicate with local advertising agencies or the local SBA office to help you develop an effective advertising strategy.
25. How fixed price levels?
The price of a service or a paper based on three basic production costs: materials, labor and overhead. After you identify these costs, choose a price that is both profitable and competitive. As pricing can be a complicated process, you may want to seek help from an expert.
26. Are some locations better than others?
The time and effort devoted to selecting where to establish your business can be the difference between success and failure. The type of business, the potential market, availability of employees and number of competitors are the factors that determine where to locate your business. Continue Reading »
If you enjoyed this post, make sure you subscribe to my RSS feed!
Jul
20
2008
Continuing the latest post:
16. What are the alternatives for financing a business?
Contribute their own funds is the first step in financing. Is undoubtedly the best indicator of its seriousness to their business. Risking your own money gives confidence to other investors in your business. You may want to consider some members of his family or a partner to achieve additional funding. Banks are an obvious source of funds. Other loan sources include commercial finance companies, venture capital firms, local development companies and life insurance companies. Trade credit, the share sale and lease of equipment that can be considered as alternatives before applying for a loan. For example, a lease may be advantageous, since it does not tie your cash. Request information on these different sources to your local SBA office. He also requested materials produced by SBA including publications such as Focus on the Facts “[" Focus on the Facts "].
17. How do I apply for a loan?
Initially, the lender will be three questions: Continue Reading »
If you enjoyed this post, make sure you subscribe to my RSS feed!
Jul
11
2008
The prestigious marketing guru Al Ries writes that question more often than you do in your lectures and seminars is what is special rules for small businesses? Ries said that his answer is always the same: there are no rules.
To the guru’s 23 million small businesses will stay small. “It’s a psychological issue,” writes. If you think your business as a small business “and if you’re looking for ideas and concepts that help small businesses as you always keep a small and relatively unprofitable business
However, Al Ries article ends with 2-rules saying no and always had, whether for small businesses: Continue Reading »
If you enjoyed this post, make sure you subscribe to my RSS feed!
