What Does Your Business Card Say About Your Business

Business cards are used to promote you as well as your business. Business cards are one of your most powerful tools when it comes to promotion. Your contact information is on the business card making it easily distributed and easily accessible to clients and potential clients. If you take your time and be creative when you are designing your business cards they can be a more effective promotional tool.
Attractive design dresses up your business cards. It is important to remember to use a font that is easily read. You should also provide multiple ways for people to contact you. All of these factors are important, but the copy on your business card has the ability to really grab the attention of prospective clients. Well written business card copy can make the card more effective.
Business card copy is one of the most overlooked and misunderstood tools in business promotion. Most everyone remembers to add their business name as well as their name, title, business address, and phone number some even remember their email address. All of these things are important for your clients to be able to contact you. You can utilize your business cards to add incentive for your clients to contact you.
Company slogans are used in advertising, these slogans stick in their customer’s minds. A catchy and creative tagline on a business card can do the same thing. Space is limited on business cards so tag lines need to be fairly short. You can use word play or rhyme to create a memorable tagline. Action words that highlight the benefits of your products and services can help increase the effectiveness of your tagline.
Putting your website’s address on your business card gives clients a way to learn more about your business. You can also list a couple of your helpful features that your website has on your business card. For example you could include, “Free templates available for your use at http://www.yourwebsitesname.com”. This provides incentive to go to your webpage to see what your business is all about.
Advertising ongoing promotions and sales can be done with business cards as well. If you offer discounts or customer referral programs mentioning it on your business card can increase awareness. If your business makes sales online may also want to think about adding online coupon codes on your business cards. Having your clients pass out business cards to friends and family can also be a great way to generate business. You can leave a stack in the salon or with your hair dresser for them to pass on to clients too.
The back of your business card can be utilized as well. You can use it to print coupons or to list your products and services. Witty quotes or testimonials can also be placed on the back of your business card. Putting a schedule or a checklist on the card can transform it into a valuable tool for your clients giving them incentive to hang on to the card. The possibilities of what the back of the card can contain is limited only by your imagination. If you are adding value for your customer and it fits neatly on the back of your business card go for it.
Your business card copy is important. Good business card copy will increase the chances your card won’t end up in the trash as soon as you are out of sight. Make the most of the space provided, give good contact information, and give your clients a reason to look you up.

Posted in Business | Comments Off on What Does Your Business Card Say About Your Business

Identifying Your Business Team Member's Personality Colors

Being a business team leader can be a very daunting task. Almost always you will find that your team consists of very diverse individuals. As a team leader it is your responsibility to motivate your team members towards a common goal. This can be very difficult when your team members each have their very own strengths, weaknesses and conflicts. In this article we will discuss how to recognize the four main personality types by color so that you can better understand the needs of your team members on an individual basis.
As a leader you will quickly notice how well your team works together once you have identified the individual strengths of each team member. Also, by recognizing each individual’s strengths you will know which task they will naturally excel in. This will lead to better delegation on your part which will ultimately build a stronger, more efficient, stream lined team. You will also find that you are able to communicate better once you recognize each team member’s needs, work ethics and values. Your team members will notice the change in how you are leading them and in turn be even more motivated to reach their goals.
Below is a short overview of the four main personality colors Orange, Blue, Gold and Green. Each color will be listed with the working styles, personality types and values attributed to it.
The Orange personality works well with other people in a healthy team work environment encouraging competition and camaraderie. They are very creative and highly energetic and do well with action oriented tasks. They love having the freedom to use their skills and show off their abilities. An Orange personality does have a difficult time dealing with too much structure or management. They tend to feel blocked and have a difficult time functioning if they feel they are being micro-managed. Time consuming and prolonged administrative tasks can difficult for the Orange where they may feel impatient and bored.
The Blue personality is a very social type. They love making friends and having a strong social network is very important to them. This makes them very good at building relationships with clients, customers, coworkers and employers. The Blue personality can be very sensitive to conflicts or strong competition but will thrive in any positive, service orientated atmosphere.
The Gold personality is a very serious individual and is so with their work responsibilities. They like to be part of a successful and productive team where they can continually contribute. They love receiving rewards, incentives and positive recognition. The Gold personality tends to need a great deal of structure where time lines should be enforced and expectations made very clear. They look to their leaders for constant reassurance on how well they are doing.
A Green personality lacks in people skills. They love facts, data, research, and anything analytical. You will find that they are almost always seen as an expert in whatever interests them. Most of those interests will be complex systems, data analysis, statistics, or design. The Green personality’s weakness can be the lack of follow through and tend to be quite rude in some social scenes.
By recognizing the personality colors of each of your team members you will have the ability to meld your team into a well coordinated, unified group. Your leadership skills will shine as you delegate tasks to each team member according to their strengths and expertise. Remember, a well harmonized team is a team made for nothing but success.
Carrie Krishnek

Posted in Business | Comments Off on Identifying Your Business Team Member's Personality Colors

Potential Pitfalls of Business Credit Cards

Although business credit cards emphasize their many benefits to small business owners such as record keeping, rebates on business expenses, and travel related perks, there are also some potential pitfalls related to using a business credit card for small business owners. Below are a few common risks associated with using a business credit card:
Potential for Abuse: Many business owners find the possibility of instantly funding their start up business with a credit card to be very appealing. However, when there is very little or no cash available to a business owner, the potential to abuse credit cards is great. During a business start up, an entrepreneur usually has difficulty obtaining loans or other ways of financing their business, and they turn to credit cards to purchase the items needed. As with many small business start ups, it sometimes takes several years to begin to see a profit. Therefore, they stay in debt, adding financial burden to the new business.
High Interest Rates: Business credit cards, like other credit cards, often charge high interest rates. The accumulation of these interest rates when the card is not paid off monthly can add a large amount to business expenses. This occurs most frequently with cards that offer low introductory rates. Card holders may not be aware of the amount this rate will increase after the introductory period ends. Because of this, and due to low minimum payments, business credit cards may take longer than expected to pay off completely.
Risk to Reputation: Just as with personal credit cards, if business credit cards are not used responsibly and carefully they can lead a new business into a large amount of debt as well as damage the reputation of the business by lowering it’s credit score. This can make it even more difficult to get credit or loans with suppliers in the future. It can even put an owner out of business.
New businesses can be very expensive and the cost of doing business can be very high. However, with effective and careful credit card management and careful planning when choosing a business credit card, most of the downsides of business credit cards can be controlled or avoided altogether. Using a business line of credit rather than a credit card is the best way to avoid many of these pitfalls. Business lines of credit usually have more flexible and also more favorable financing terms.

Posted in Business | Tagged , | Comments Off on Potential Pitfalls of Business Credit Cards

A Few Good Reasons Why your Business Needs Contact Management Software

Businesses today ideally need a contact manager to survive and stay competitive. A contact manager is a software program that allows users to easily store and find contact information, such as names, telephone numbers, and addresses. This kind of application software is integral in implementing a customer relationship management strategy, as it helps identify clients who are profitable and who have the potential to be long-time customers of the business.

There are several benefits offered by a contact management solution. The main advantage is convenience: It is simpler to use and very practical for business owners who are “technophobic” or afraid of complex users and technological innovations. Any computer-savvy person can set up a client record database through a spreadsheet program, but it takes time and constant updating. Contact management software does not need formulas and summation values to work properly, making it easier for users to understand and operate.

Using a contact management program can bring a lot of positive results for businesses of any size in any industry. It does not only monitor customer interactions; it can also keep track of employee productivity. This yields more consistent efforts from every member of the staff and maintains favorable profit levels. Contact managers also produce up-to-date and readily accessible reports for business persons who need them in making sound decisions.

Sage ACT! is one of the most popular contact management programs available in the market. It is specifically created to fill the needs of small businesses and sales departments. The ACT contact manager integrates both customer relationship management and contact management functions into one easy-to-use package. It keeps phone numbers, emails, notes, documents, and to-do lists that can be linked to a calendar, ensuring that the business manager does not miss anything important.

The ACT contact management programs are designed for people who are focused on building and maintaining customer relationships. Its user-friendly interface can be shared by up to 10 people, making it ideal for a sales team to keep track of customer interactions. The ACT! promotes productivity, marketing effectiveness, quality customer relations, and profitability by ensuring that customer interactions are monitored and followed up regularly.

For more information, you can check out contactmanagementsoftware.org and tamingthebeast.net. These resources offer comparisons and reviews of contact management solutions recommended for small and medium businesses. You can also get more details about ACT contact management software by visiting the product manufacturers website, sage.com.

Posted in Business | Tagged , , | Comments Off on A Few Good Reasons Why your Business Needs Contact Management Software

Ways To Grow Or Expand Your Business

In these tough economic times, it is more important to look at different ways in which you can grow business wisely. This can be done in a variety of different ways. In growing your business effectively, it will be important to look at several different aspects of your existing business. Are you financially sound to take on this new project? Have you sought out the perfect location? Do you have a plan of action in place? All of these questions are integral in assuring that your business will be a success. Lets go into a little bit more detail on the ten best ways to grow your business.
The first step is to know your market. If you are looking at growing your business and possibly adding other locations, it will be important to know who you are catering to. Make sure that the products or services that you are offering will be adequate for the needs of the consumer.
Second is to know what your financial availability is. Often, the business owner may have the right intentions, but it may not be feasible for the moment to grow or expand the current business. There is the possibility that waiting and planning will actually be in your best interests.
Third, you will need to make sure that your employee needs are covered. Can the existing staff accommodate an increase in work? Will you need to hire more staff? Have you trained the existing staff to take leadership roles if need be? These are all answers in which only you can provide.
Fourth is to know whether your location will suffice for the growth. Will you need to add a location? Would it be better to buy or lease a larger location or should you add on to the existing location?
The fifth best way to grow or expand your business is to make sure that your support staff is in place. You will need people who are organised and professional in order to build the base on which you can make your business a success.
Sixthly, you need to keep up to date with all your financial obligations and ensure that they are all being dealt with and upheld in a professional and timely manner.
The seventh item would be to look at your procedures and if need be create a new organizational structure. This can be done through joint ventures, mergers, and acquisitions which can help grow and diversify your business. Eighth
The eighth way to improve your business is to analyze all aspects of your business, products, suppliers, clients, areas, etc. Try to phase out any areas that are not making a profit and incorporate more of the successful areas into your business.
Ninth is to look at the value of your company as a whole and try to increase its market share and diversify your client base and increase in areas that have been previously unexplored.
And last but certainly not the least is your time! Do you have the time that it is going to take to make this happen? Often, during the expansion of business, the owner will find themselves devoting just as much or more time to the growth process.

Posted in Business | Tagged , , | Comments Off on Ways To Grow Or Expand Your Business

How The Government Can Assist You To Start Your Business

When beginning your online business you should utilize all the help you may get, and the federal government is usually a great supply for assistance. You could surprise in what ways can they allow you to get started. Listed here are three areas the federal government presents help in getting your new business off the ground.
You want money to start out your corporation and the government can assist you get the cash you need in ways. First option supplied could be a loan. The federal government has lots of of tens of millions of dollars in authorities funding set up for small business and entrepreneurs. There are loans created particularly for low-revenue companies, handicapped people, military veterans and more. The second possibility for funds could be one of the fifteen hundred grants which can be accessible via fifty- authorities agencies. The grants are separated and grouped by state and business category. Such classes embrace but will not be restricted to agriculture, general enterprise and real estate. You can too discover grant money for analysis and development of your business. Many of those grants start at five thousand dollars and can finish in the six figures. Best of all these shouldn’t have to be paid back. It’s like receiving free money.
So you already know that money may be found, however what about different assistance. The federal government has this coated also. They offer assistance for small enterprise enlargement, growth and renovation. There are fifteen hundred authorities sources to provide the needed assistance for small businesses. A place to start out searching for this data would be the SBA, or small enterprise administration office. You could find this in your cellphone e-book, online or the help desk at your local library. By means of the federal government you may obtain counseling, training to improve expertise to help manage and function your business. There are some types and guidelines which are to be completed. For some examples of those kinds and more detailed info you may read supply books on finding authorities as well as personal foundations. These books can be found at your local library also.
Cash and assistance are now not a concern. Lastly the government gives advisory companies to you. These providers will help you in improving your management expertise and labor administration relations. This is essential knowledge when beginning business.
There may be a lot the federal government can do that will help you get your online business up and running. It’s just a matter of taking the time to search out your local sources and get the process started. Remember to benefit from these offers. It’s not everyday someone will hand you free money that may go to creating yourself more money. So don’t wait any longer, get the method started and you’ll be properly in your approach to a flourishing, profitable business.

Posted in Business | Tagged | Comments Off on How The Government Can Assist You To Start Your Business

Start Up Machine Tools And Shop, Woodworking, Wood Machinery Equipment, Business Loans, Financing

Start up machine tools, machine shop, woodworking, wood machinery equipment business loans, capital, financing, leasing with credit problems is still available in these economic times.
This article is going to discuss what is machine tools, machine shop, woodworking, wood machinery equipment leasing/financing, what are its benefits, leasing plans and how it relates to the start up business.
Additionally, we will show you lending requirements below for start up loans
Leasing is a form of renting but with a buyout clause at the end of the lease to take title to whatever we are leasing. The requirements to get into the lease may be as low as first and last payment and as much as 25%. Each situation is different and this offers the start up and seasoned business a way to invest very little monies into the business. Additionally, all other monies can be used for operating expenses such as marketing and other key areas. Leasing is not a new form of financing but could be a lending solution to the start up business.
The benefits of leasing may result in off-balance sheet financing reporting, tax incentives and conserving cash flow and preserving lines of credit for working capital purposes. Many leasing requirements may only require the initial outlay of first and last rental payment. Most leases finance 100% of the cost of the equipment such as soft costs which include shipping, software, training and installation. Additionally, leasing lets you regularly upgrade your equipment, eliminating your utilization of old, outdated equipment and reducing repair options.
Some of the leasing plans available to the lessee are $1.00, 10% or 20% purchase options as well as Trac Leases and FMV lease buyouts. Additionally, some lenders offer seasonal payments, deferred payments for ninety days, declining payments and half payments for a specified time period. It is important that the lessee understands all these different lease plans available as well as the buyout clauses. The lessee has many options to consider in negotiating his lease. He must understand each lender’s requirements and see if it fits within the realm of the lessee’s requirements.
Some lenders will accept the start up business whereas others will not wanto lend to this group. They consider that their risk capital can be invested in other types of portfolios that can be better served. Many lenders require full documentation which includes a couple of years of personal income tax returns, a personal financial statement, and other underwriters requirements. However, in the past couple of years, there is a select group of lenders out there require an application only program. These lenders have their own computer scoring model and eliminate the necessary additional paperwork of other lenders.
These application only programs are usually restricted to the seasoned business, however there are a few out in the industry which will work with the start up business as well. The amounts of the application only program run as high as $150,000 for the seasoned business and $10,000 for the start up. Additionally, the lender will lease the qualified asset probably from 36-60 months and many won’t finance any equipment and commercial vehicles over ten years old.
It is important to understand the lease terms, the rate factor the lender is charging and the buyout clauses in the lease to take title. If you anticipate paying off the lease early, you should consult your lender to ascertain there is no prepayments for a early payoff. The last thing to understand that the lessee is going to guarantee the lease.
*************************************************
1) Recap of Start Up Business Loan, Financing Programs Up to $40,000**********Conventional Financing, Bad Credit
0-2 Years Time In Business, Story Book Lender, Credit is Run but isnt Credit Driven, High Cash balances help a lot for approval
For New Business Start-Ups: (terms 12-30 months) Up To $40,000
1. Completed Credit Application
2. Personal Credit Report from all Principals
3. Last Years Personal Tax Return
4. Evidence of an Alternate Source of Income*********
5. Personal Financial Statement on All Owners
6. Evidence of a Business Bank Account (this may not be open yet)
If a Business has been open for a few months, please retrieve bank statements
Lease Terms are Up To 36 Months10% Buyout Clause
2 ) Second Start up Lending Program.
If you have good credit for other start up financing, minimum credit score 650 or higher, the down payment for conventional financing may be any from 10 to 30% down. Industries include owner operators for semi, day cabs and dump trucks. Other industries such manufacturing, construction, medical, transportation may also be eligible. Paperwork requirements are basically the same as above.
3) If you dont qualify for the start up programs above, we have many off lease and repo financing programs that start as low as 550 for minimum credit scores, financing up to $100,000, Down payments as low as $1,000
Happy hunting for your machine tools, machine shop, woodworking, wood machinery equipment acquisition and its start up financing and business loan programs

Posted in Business | Tagged | Comments Off on Start Up Machine Tools And Shop, Woodworking, Wood Machinery Equipment, Business Loans, Financing

Small Business Startup Loan

Small business startup loans are essential for many beginner entrepreneurs. For them, a small business startup loan plays a vital role in providing the business owner a help in building their newly-established business until theirs can already stand alone. This load can be utilized for additional products. It can also be used for business promotion and for employees salaries. Whatever way, a loan is necessary for newly-opened business to poise their venture towards success.
Borrowing money from family and close friends are one of the most common ways to get a loan. This business practice overwhelmed the majority of small business owners to be used as an additional capital and other necessity for newly-established business. It is unfortunate however, this type of small business startup loan causes undue stress, headaches in both parties especially when the process of payment is not that organize. In fact, it can extend to ruining of family relationship. Borrowing from family and friends can also lead to awkward scenario because sometimes, the ones who loan the amount think that they are part of the business and they have the right to manage your business.
Though banks offer small business owners alternatives for small business startup loans, this medium can be stressful and intimidating. The reason is, banks usually impose strict requirements for compliance for small and medium business startup loan. Another is, banks, as always, see to it that the one who borrows, must have or is proven to had been in a successful venture in the past to determine if the borrower has the capacity to settle their obligations when they have already gone through the bank financial assistance. For that reason, numbers of business entrepreneurs chose other option instead of this. Though, banks offer great source for a small business venture, they must also provide a much better and less-stress alternatives for small business beginners.
Using credit card is another option that small business startup owner are turning into to provide them with business capital. Of course, this allows them to utilize their cash advances available for them. To add, credit lines can also be used to buy the products for them to get started. It is common for small business startup owners to use this medium to get capital. However, before getting into this way for small startup way, it is important to note the rate of interests that abound on using these credit cards; neglecting to consider the rate of interest can bring your business in downward slope.
If you are a minority that needs to begin a new business, you can acquire minority loans to help you get the necessary capital you need to start your new business venture. Minority loans have various advantages. If you begin your business based on minority loans, you will also need to find other loan avenues for an added sense of financial foundation.
Small business startup plays a vital role for the total economy. In fact, it provides employments for the majority of people. This may be the reason why more and more individuals are getting into this endeavor- this offers great potentials for economic boom, as a whole. With tis fact, it must be noted that when you engage in this business, business beginners shall consider to choose which small business startup loan that suits best for your own because this paves the way to your business success.

Posted in Business | Tagged | Comments Off on Small Business Startup Loan

Why A Business Model Is So Important

A business model explains the rationale of how a company establishes, provides, and captures value. It includes the product or services offered, sources of revenue, customer base, organizational structure, strategies, operational process, and financing. Basically, the methodology and infrastructure of a business combine to form the business model. This model should be created long before a business opens its doors.
Before starting a business, an entrepreneur should be aware of the basic process for building one. This knowledge proves valuable when creating the business model. Certain aspects of infrastructure, operations, and strategic thinking have proven successful, while others are destined to fail. Being able to distinguish one from the other enables a business owner to avoid the pitfalls. A business with a model that maximizes opportunities and avoids threats is positioned for long-term success.
Sales are an important aspect of the business model and this is where proven methods really shine. By learning how to quickly generate income from sales, any business can get out of the growing pains stage much faster. The sooner a company can pass through this phase, the less likely it is to become a statistic. Quick success is especially important in the online world, where competition is particularly fierce. When a company becomes financially independent, so will its owners, and this is a much more comfortable way to live.
Closing a sale successfully is what leads to income so a business model should include information regarding closing techniques. These should be based on success achieved by other businesses and should be shared with the entire staff. Every employee serves as a mouthpiece for the organization so it only makes sense that each staff member be skilled in closing a deal.
Prospects have many excuses, especially during times when money is tight. They may be fearful of making a purchase because they do not want to spend their hard-earned money. Some of them convert this fear to aggression, placing pressure on the business. Staff should be trained in handling these situations and know how to convert negatives like this to positives.
Leaders in business know what it takes to achieve and maintain a high level of sales. It is not unusual for them to have salaries into the seven figures. By incorporating what they do and how they do it, any business can realize similar results. A sound business model can result in an entrepreneur making more money than ever anticipated.

Posted in Business | Tagged | Comments Off on Why A Business Model Is So Important

Community Assumptions And Business Responsibility

Social responsibilities lay in business framework
Most people think of business simply as a way to generate money. While this may be a primary motivating factor for some, it also carries many underlain responsibilities. Business owners become part of the infrastructure of the community. They supply a service or product which fills a need of the community.
The common bond linking community and business lies in each others realization of shared assumptions. Business realizes they fill a need, desire or fixation of the community and the community realizes who their contributor is. While community can survive without business, business on the other hand cannot exist without community. No community is self sufficient and no business is customer free.
Business must develop social programs and policies that can be seen as responsive to social expectations, but not necessarily limited to socially demand. A firm having social awareness is in tune to its customers requirements as well as its viewpoint.
There are three main driving forces between business and society:
1. The idealistic outlook: primarily relates to principles and social responsibility,
2. the institutional outlook: Its expression of social responsiveness
3. the organizational orientation: primarily relates to policies and management of social issues.
There are four Basic Models of Business Relationships
1. Humanitarian – adhere to principles of compassion and reinvesting into the community
2. Ethical – adhere to principles of honesty and decency
3. Legal – adhere to all laws and regulations
4. Economic  adhere to making a profit.
While a certain responsibility lies in being a good corporate partner and citizen, the most fundamental business responsibility is that of economics. The primary reason for being in business is to make a profit. Business exist for generating revenue for the business and in so doing, provides revenue for its employees. All other business responsibilities are based or established upon economic assumptions which is the responsibility of the people in charge. Without this statement the prognosis of future success becomes nothing more that arguable considerations.
While plotting a course of action, businesses are expected to operate within the framework of societal law, thus carrying the burden of legal responsibility. Likewise, legal responsibility is restricted to the letter of the law, while the spirit of law is
reserved for ethical reasoning.
Next, businesses are expected to have an ethical responsibility which is defined as any and all activities or practices which are either expected or prohibited by society members even though they are not written into law. Ethical classifications are further separated from legal activities by use of negative definition: ethical responsibility relates to those social expectations and norms not yet codified into law. In the same line, philanthropic responsibility designates those areas of voluntary social involvement not specifically
prohibited or demanded of companies because of their economic, legal, and ethical responsibilities.
Business also carry as a philanthropic obligation to contribute to its community. This responsibility is discretionary in nature and seen as an investment in future growth. Even though this is not a requirement it is a necessary and sufficient obligation that socially expects from responsible businesses.
Theoretical Assumptions
If the economic role of the business is reduced to the narrow emphasis of profit it then could become blinded to making of contributed economics. This posturing leaves out the need for community relations.
There is another scenario to consider which is in contrast to the ordinary view, the so-called separation thesis. This is when businesses focus either on profits or social
concerns but not on both. This rises a question of debate that businesses can not only be profitable and ethical, but they should fulfill these obligations simultaneously. Can a business be profitable and disconnected from community? In todays world, franchising brings business into a community while being completely detached from community needs.
The clear-cut separation of business from community raises the problem of coexisting within a harmonious environment. Even though a business may appear to be separated the burden of responsibilities still apply. The business provides a tax revenue as well as product, service and employment. There are interwoven responsibilities which represent the stimulus for economic considerations.
The social pressures imposed on todays business are decreasing in importance, whereas economic and legal responsibilities are a requirement and ethical practices are vaguely expected, charitable contributions although desired, are completely voluntary.
A good business citizen, while striving to fulfill all its responsibilities, will actually apply
the necessary priorities to secure its status in the community.
Businesses have a responsibility that goes well beyond the demands of law and common morality. They set as examples of good moral judgment and community responsibility.
Happy Trails

Posted in Business | Tagged | Comments Off on Community Assumptions And Business Responsibility