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October 2007

Monthly Archive

Simple Tips to Keep You Focused On Your Business

Posted by Buzz under General

Tue 23 Oct 2007

Do you find yourself losing focus when it comes to your business? Are you stretching yourself thinner and thinner as you follow your new business ideas? Don't worry - this usually happens to all business entrepreneurs at least once in their lifetimes, so you are not alone. The key is to not end up losing focus on your main business.

If you are a small business owner facing the same problem, then you should figure out why you have strayed from your business plan. This is easier said than done, and you may be battling lots of distractions in life. But if you want to succeed in business, you have to focus and have a plan mapped out with specific goals.

Below are a few tips that will help you focus on what is important when it comes to your small business:

  • Identify your strengths and weaknesses
  • Know what your specific goals are
  • Take a note of the time taken to achieve your objectives
  • Minimize negative self talk
  • First focus on the immediate goals - and then focus on longer term goals
  • Think positive
  • Network with a purpose

When you have a small business, it is easy to get sidetracked. After all, there are lots of issues all clamoring for your attention. The key is to know what is important, prioritize and follow your business plan. If you do all this, and follow the tips above, you will find that you will have better focus, and your business will reap the benefits.

 

Tap Your Neighborhood to Boost Profits

Posted by Buzz under Marketing Tips

Mon 22 Oct 2007

Customers have now become more Internet savvy - and according to statistics, 70% of American households use the Internet to access local information. Among this 70%, local customers carry out nearly 36% of searches.

If you are new to small business, and you want to enhance your profits, consider focusing your efforts on your local market. By combining the right website strategy and using geo-targeting, you can make good money — right in your own backyard!

  • Make your website as attractive and presentable as possible, so that it entices customers who love to shop through the search engines. Always stick to local keywords to attract customers in your immediate area.
  • Once you optimize your site, local shoppers will surely find your business. Explore your competitors' sites and then compare them with yours. Check whether your site has more informative content, how easy it is to navigate, and if it is as graphically appealing.
  • You need to be able to attract people to your website. Advertise your web address in the form of print
    ads, fliers, menus, napkins and t-shirts.
  • Try and get connected to local web sites, vertical market sites and local online newspapers and magazines.

A good advertising strategy combined with search engine optimization is essential for effective geo-targeting. Most of the leading search engines are developing powerful tools to help determine sites that match a shoppers' location. This gives local businesses that have good search engine optimization and geo-targeted ads a home advantage.

 

Project Teams — How to Make Them Run

Posted by Buzz under Management Ideas

Fri 19 Oct 2007

Though you may be confident enough to handle a project on your own, it is not easy to run a team project. Most small businesses work best within a ‘project' team.

As a small business owner, the responsibility will be on you to run projects and keep the team on track.

Focus on employee skills: It is very important that you analyze the skills of any potential team member before you make any decisions about the team makeup. Don't jump to conclusions until you discuss all the tasks with your team. Don't recruit people just because they have time and are looking forward to working with you, but ensure that they have all the right skills required for your project.

Prepare a graph for your project: Display the individuals you have selected on an x-axis and illustrate responsibilities on y-axis. Ensure that you know all the skills that the project requires and that you have the right people in the right positions.

Focus on your vision and ask your team to follow the same: Your team should be aware of all the goals and targets associated with the project. Ensure that they abide by all the rules and deadlines and agree to work on the project. They need to adopt the team mission and follow it through to the completion of the project.

Create a communication plan for your team:
Set all the basic rules in the first meeting and establish communication channels among team members so that they can exchange information accurately. If you are planning to create any reports, put emphasis on the content, level of details and format of the report.

Even the smallest businesses can have successful teams. Following the steps above will ensure that all of your projects are completed on time and within budget.

 

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