The presentation of your business plan might be an intimidating experience as you begin sharing your plan but if your documentation is prepared and presented effectively you will be able to attract potential investors. The following points will help ensure that your plan communicates whatever an investor requires as well as ensuring your business plan is met with huge success.
Taking Inventory of Your Business
Bar codes and scanner technology were first seen commercially in large retail chains, but have become so commonplace that large stores now offer checkout lines where you scan your own products for purchase. Almost all large businesses keep track of inventory using some sort of bar code tagging, and this technology has trickled down into the small business and customer sector. Can you use this technology, however? While pricing and actual store purchasing requires a sophisticated link between scanner, cash drawer, and database, using bar codes to keep up with equipment, or keep an eye on inventory levels is relatively simple.
Will Your Business Respond To Change?
Most new business owners expect to devote a lot of time and effort to getting their business established. Then, they plan to relax as the business “runs itself” and continues to grow. This was an achievable goal in the past. It isn’t today. Aggressive, innovative competitors and rapidly changing technology make it impossible to establish a system today that will automatically meet all future challenges.
Great Online Resources for the Small Business
Smallbusinesstown is a user-friendly small business resource site. What makes them worth a few minutes of your day is the diversity of their links. Whether your small business is still a dream, or a consuming, exhilarating reality, this site will enrich and enlighten.
In addition to 100 links, they offer 91 free online guide books, and the free software zone, where you can pick up the latest freeware download from the list of their top 20 picks, including this site that offers free accounting software:
Online publicity can help your business achieve credibility
If you’re looking to enhance your marketing efforts, getting an article published about your company essentially provides a third party endorsement to your products and services.
Focus Your Web Site… Or Get Out Of Business
Last November, I was jumping up and down absolutely excited about my new idea. I was going to create a web site filled with articles, links and resources on just about any topic you could imagine. This way no matter who finds my site and for whatever reason they click on it, I will always make money, right?
Making the Most of Your Design Business
It is the best of times and the worst of times. Life as a web or graphic arts freelancer can be both rewarding and tough. On one hand is the indescribable pleasure of be able to charge what you’re worth; on the other is the often frustrating task of getting paid what you’re owed.
Tips for Taking the Edge Off Business Travel
Using everything from in-hotel libraries to take-along tech toys, the nation’s road warriors find ways to cope (ARA) – Today’s business travelers are wired — in more ways than one.
How to Find, Sponser, and Retain Leaders to Grow Your Network Marketing Business
Part I – Finding Leaders
Network Marketing is a great business that offers many people the ideal alternative to a traditional job or business.
Do you know a better way for the ordinary person to achieve independence from the tyrannies of working for someone else or from the day-to-day headaches of running a business?
It’s terrific being your own boss and in control of your own time and financial rewards.
Sometimes the biggest problem in MLM is what to put on your business card: President, CEO, Marketing Director, Independent Agent or Queen of the World.
We tend to overlook the other important roles of Envelope Licker, Gopher, Secretary, Accountant, Student, or the most important role in your company – Chief of Staffing.
Recruiting is the lifeblood of your MLM business; yet we tend not to treat it as a vital professional function. Most people base their efforts on some pretty haphazard MLM industry approaches.
How much money do you need to start an online business
While online business start up costs are nothing compared to the brick-and-mortar businesses, you still need to make some minimum investment to launch a web business.