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Holidays and Your Business
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Within General Business

Posted by: Moderator_Cath, May 19, 2012

I am curious how you, as a business owner, decide whether to offer your customers a special day or weekend with sales and special offers or allow your employees to enjoy the holiday with a day off. The holiday offers your business an opportunity for extra visibility with some sales and gives customers a chance to save a bit of money.  But often these sales create additional work for your employees and longer working hours the day of the sale. How do you make the choice?  What points do...
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Online Ads Expert Q&A: Getting prospects and customers to click on your message
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Within Internet eCommerce

Posted by: SBOC Team, May 18, 2012

by Robert Lerose. Online ads come in different shapes and sizes, but one thing they all strive for is to get the audience member to click on them and be whisked one step further along the sales cycle. To understand the psychology of the click, Robert Lerose spoke with Wendy Montes de Oca, president and managing partner of Precision Marketing and Media, a West Palm Beach, Florida full-service marketing firm, and author of Content Is Cash, an Amazon best-seller. Some edited excerpts from the...
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Don’t Forget Debt: Why Small Businesses Shouldn’t Overlook Debt Financing to Fuel Growth
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Within Accounting and Budgeting

Posted by: SBOC Team, May 17, 2012

by Jen Hickey. For most entrepreneurs, starting their own business is a labor of love. The time, energy, and money they spend help bring their dream of being the boss to life. However, after pumping in personal assets and money from family and friends to get their enterprise off the ground, a small business owner may be reluctant to take on debt to expand. Of course, the alternative—equity—has its own cost. Which type of financing will best serve the needs of a small business? Control Issues...
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The Silent Partner: Boon or Bane?
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Within Starting A Business

Posted by: SBOC Team, May 16, 2012

by Erin McDermott. Psst. Is that silent partner you’re seeking really the best move for your small business? When it comes to finding additional funding these days, it’s sometimes a tough road. As a result, people are looking at other avenues of capital, taking on all types of new partnerships, and even tapping into money through crowd-funding sites such as Kickstarter, Indiegogo, and AngelList. Traditionally, silent partners have been the go-to investors, often family and sometimes...
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The Critical Importance of Establishing Social Media Policies for Your Business
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Within General Business

Posted by: Steve Strauss, May 15, 2012

Sign of the times: When I first wrote my book, The Small Business Bible in 2003, I never mentioned the phrase “social media” – because it didn’t exist at that time. When I wrote the second edition in 2007, I mentioned it once and, even then, the only site I touched on was MySpace because it was the most relevant site. But the book kept selling, so when my editor asked me last year if I had anything new to say if we did a third edition (just published), I jumped at the chance to add 10 new...
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Cracking the Code: Leveraging Website Analytics to Learn More About Your Customers
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Within Technology Management

Posted by: SBOC Team, May 14, 2012

by Iris Dorbian. For small businesses with a burgeoning online presence, using online site metrics as a benchmark for performance can be critical to the company’s growth. Not only can such tools as website analytics track the number of visitors (or lack thereof) to a site, but they can also provide data as to what content is working and what isn’t. A big side benefit is its impact on a company’s sales message. Wade Benz, owner of USImprints, an online provider of promotional products,...
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Healthy Body, Healthy Business Q & A: Why Small Business Owners Can’t Afford to Sacrifice their Health for their Business
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Within General Business

Posted by: SBOC Team, May 11, 2012

by Iris Dorbian. Like many small business owners, Ceres “C.C.” Opanowski has had an unusual career trajectory. After spending a decade as a paralegal, she jettisoned the corporate lifestyle to become a certified Pilates instructor. Recently, the 35-year-old Opanowski opened her own studio, Rivertown Pilates in Tarrytown, New York where she now works 50 hours a week giving classes and running her own business. Recently, writer Iris Dorbian spoke to Opanowski about her new venture and why a...
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Your Online Reputation: Who’s Watching Out for You?
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Within Internet eCommerce

Posted by: SBOC Team, May 10, 2012

by Erin McDermott. “Awful work and unethical business practices! Stay away!” “I will be sure to tell everyone I know how disgusting this place is.” “They will suck the money out of you any way they can and do substandard work. AVOID AVOID AVOID!!!” It’s the Wild West of web commentary out there for small businesses today. Cloaked by online anonymity, customers can and do say anything—including the real examples above, for a dry cleaner, a restaurant, and a portrait studio—often leaving trails...
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Does Your Small Business Need a Coach?
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Within General Business

Posted by: SBOC Team, May 9, 2012

by Susan Caminiti. Marsha Egan is no stranger to business coaches. She used one back in 2005 as she was planning to leave her job as a senior vice president with a Fortune 500 insurance company to strike out on her own. Now that she’s running her own business, Egan is once again using the services of a coach, but this time it’s to help take her company—InBoxDetox.com, a workplace productivity firm—to the next level of growth. “My business is going okay, but it’s not where I want it to...
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5 Ways to Reward Great Performance
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Within General Business

Posted by: Steve Strauss, May 8, 2012

When it comes to attracting and retaining talent, small business owners often wonder how to show their employees appreciation for a job well done. The good news is that there is no shortage of ways to reward great performances, and none of them need to break the bank. Consider: 1. Money: It is no secret that money motivates employees; we all know that. Holding sales contests, offering bonuses, dangling raises—these are tried-and-true approaches that are effective. But these things also...
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Setting Your Employees Free (to Work): Creative Ways to Foster Your Staff's Work/Life Balance
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Within Managing Employees and HR

Posted by: SBOC Team, May 7, 2012

by Iris Dorbian. “I believe that if you provide the right working environment, people enjoy work,” says Colin Earl, CEO of EnterpriseWizard, a web-based business solutions company in Silicon Valley. This attitude—fueled by the desire to avoid the sort of office politics Earl had experienced at a previous job—greatly influenced the United Kingdom native when he founded his company 20 years ago. The result: telecommuting, a relaxed dress code, and free food on-site are regular options for...
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Flea Market Q&A: Entrepreneurial Lessons from the World of Secondhand Retail
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Within Starting A Business

Posted by: SBOC Team, May 4, 2012

by Erin McDermott. Flea markets rang up $30 billion in sales last year, according to the National Flea Market Association. Ki Nassauer (pictured) is executive editor of Flea Market Style magazine and founder of Junk Revolution a popular online forum for devotees of tag sales, vintage markets, and “junkers.” She recently spoke with writer Erin McDermott about what small businesses can learn from the tables and stands of these surprisingly big businesses. EM: We know the old saying: “One...
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Managing 'Goldilocks' Growth: Avoiding the Traps of Expanding Too Quickly or Too Slowly
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Within General Business

Posted by: SBOC Team, May 3, 2012

by Sherron Lumley. When Goldilocks of fairytale fame first launched Three Bears, LLC, the small start-up company was a long ways from where she wanted it. “Oh no, this business is too small!,” she complained. Right away she set about making things happen, working day and night to build the business of her dreams. However, after a period of rapid growth and expansion, she was struggling to meet customer demands, sacrificing quality, scrambling to fill vacancies and feeling stressed out by...
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Five Things to Make Your Home Office Work for You
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Within Home Based Business

Posted by: SBOC Team, May 2, 2012

by Erin McDermott. Nick Loper is a mover and shaker at his home office. Actually, these days, mostly a mover. Back in December, he found a treadmill on Craigslist, and with a little DIY derring-do, he rigged his workspace to it. Now the CEO of ShoeSniper.com is walking 8 to 10 miles a day while he runs the shoe-shopping website from his place near San Francisco. He’s had to learn to steady himself while walking and typing, got a bigger computer monitor that was easier to see at the top...
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The Six Rules of Innovation
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Within General Business

Posted by: Steve Strauss, May 1, 2012

In the late 1930s, George de Mestral went for a walk in the woods. He wanted to catch some damselflies to view them underhis new microscope, but the only thing he was able to catch were scores of sticky burrs in his sock. De Mestral decided to look at the burrs under his microscope to see what made them stick. He discovered that each burr was covered with hundreds of tiny “hooks” that grabbed onto anything with a loop, such as clothing fiber, animal fur, or even human hair. And that is when...
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