Posts Tagged ‘set’

Best Online Business Ideas to Start an Internet Business

Monday, May 23rd, 2011

The tried and true ideas are some of the best online business ideas to start an internet business with. Even if you are new to trying to earn money on the internet with you have probably heard about selling things on Craigslist or eBay. But you may not be familiar with affiliate marketing or making money with blogging. Those that master either of these two avenues for making money can make a great living and can even become rich doing so.

As with any business venture you will need to determine what you have the ambition, desire, and passion to do everyday. You’ll also want to set goals that are realistic. You will need to consider the nuts and bolts of businesses such as eBay or Craigslist if you want to sell using them. You probably have some “stuff” around your house right now that will sell but what will you do after those are gone?

With research you can determine what the hot items are and buy those cheaply yourself to then resell. But do you have the storage? What about shipping and handling? There are some great training materials available online to assist you in getting started.

Affiliate marketing is for those who would rather just promote products of other companies without the hassle of dealing directly with customers. This again will take some research to determine the best products to promote.

There are a lot of things to consider when coming up with products to promote. What niche are you most interested in? Will you get your own website to direct customers to first or will you strictly supply a link to the company who’s offering the product?

There are pros and cons of both but long term you’ll benefit the most by having your own website. This way you’ve captured the information (names and email address) of those showing interest in the product. You can then contact them in the future with other promotions.

In considering the products to promote it will be important that you find quality items that do what they say they will do. For example there are a lot of affiliate eBooks for sale that really only give basic information that someone could find easily on their own. And many do not offer true solutions to problems.

On the other hand there are thousands of great products that give you a chance to earn 50% to 80% commissions. Part of your research will be determining what products have the best chance to sell and finding out what your commissions will be. Blogging has become another way to promote products and any other business you have. Blogs are very easy to set up and enable you to find a target audience to drive to your site.

Cynthia Minnaar invites you to generate income online with the best online business ideas she will share with you. Her website will demonstrate a proven way to start an online business that can work for you.

Article Source:

http://EzineArticles.com/?expert=Cynthia_Minnaar

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How to Start a Soap Making Business With Nearly Nothing

Saturday, May 7th, 2011

Learn how to start a soap making business and you can make a serious part-time income. Problem is though that lots of other people have the same idea. Trick is most of those people aren’t thinking about marketing. They just want to make soap and hope somebody buys it. Here’s the deal.

Before you sell it, make it beautiful. Take the time to learn how to make really beautiful soap. It isn’t hard to do, but it takes some practice. Get the right information and practice. You’ll need the basic tools, but any hobby soap maker has the basics. Well, maybe there’s one exception.

That’s molds. Get some professional molds so you get a pro look to your soap. The right molds are easy to use and cheap too. That’s what you want… easy and cheap.

Put time into developing unique soap. Why buy from you instead of the other thousands of soap makers? You can make your product special in many ways. You can offer wild colors. You can use only essential oils for scents. You can use organic ingredients. Make milk soap. Whatever it takes, set your soap apart.

Then how can you sell it. There are many ways. One of the easiest is to get in front of a lot of people who buy soap. Do that and you’ll sell soap. The fastest way to do that is to get in a craft show or festival. That’s probably the fastest way to get started.

Here’s the trick. You can build a real business if you follow up with your customers. What’s that mean? Simple. Keep a customer list. Mail a little catalog to some of your customers. If you have a good product, some of them will order. Based on our experience, a huge percentage may order, 10 to 20 percent. Think about that. You get orders without even leaving home. That’s a worthy goal to shoot for.

Learn how to start a soap making business and you can build a solid part-time income. The trick is learning how to set your products apart from the sea of other people trying to sell soap. It can be done, but not by following what most other people do.

We learned more from watching the retail experts than we did from watching and listening to soap makers. That helped us sell over 500 bars of soap in a weekend several times.

Visit our web site for details. Click here — http://SoapBizKit.com for answers to your soap business questions.

Article Source:

http://EzineArticles.com/?expert=Al_Bullington

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50 Creative Places To Advertise Your Business For Free

Saturday, March 12th, 2011

Have you grown tired of trying to figure out creative places to advertise your business? What about plain and simple creative ideas? Let me share with you fifty creative ideas. I hope this list gets your creative juices flowing.

1. Take a small zip close baggy (snack sizes work well) and include the following in it:

Your Business Card, Business Opt Mini Flier a Piece of Candy such as hard candy or a lollipop, mini flier of current host specials, discount coupon (optional) etc.

Hand these out to the bank tellers, retail cashiers, at your kids sport events, every where you go!

2. When I stay at hotels & motels I leave a mini catalog, my business card & discount coupon and the mini coin canister for the maid! I put her tip inside the mini coin canister! I have gotten 3 orders by doing this!

Be creative when you leave tips for Hotel Maids, Waitresses, Waiters, Hair Dressers, etc. Don’t just hand them your business card, make it memorable!

You can also buy cute little beaded change purses at your local dollar discount store!

3. Print out fliers with your contact info (not your personal address), your website address & email address along with any current specials you are offering.

Then contact local area mobile home park offices, apartment complex rental offices, housing developments etc and ask them if you can leave fliers in their office or hang on their tenants doors. Give the office employees a free gift or discount on their personal orders.

4. Contact local area bridal supply stores, bridal gown stores, caterers, tux rental centers, wedding dj’s etc. Ask them if you can leave your business cards & fliers about the great (Company Name) Bridal Gift Registry for them to give to their customers.

Offer store owners a free gift or a personal discount for helping you spread the word about your business.

5. Daycare Centers! They are excellent to contact and leave business cards and/or fliers at!

I print out fliers of just a few items from our Tupperware Children’s line and I attach my business card & a discount coupon. I get a lot of orders by doing this!

So whatever company you represent, find some items that cater to children or to moms and make up a flier!

6. A lot of churches hold a Spring and Fall Fest! Contact them about getting a table or a booth. A lot of times this will cost you under $15.00 for a space!

Make sure you take products with you along with business opt fliers, plenty of catalogs, business cards etc.

Do a contest drawing at these types of events. Make up entry blanks that gather the customer’s info so that you can initiate contact with them again!

7. Join your local area chamber of commerce! They are always holding local business events that you can participate in.

8. College Campuses! Dorms & Housing Students are always looking to spend money! A lot of college students are also looking for an extra income so target them with the Business Opt too!

Drop off fliers and business cards to the College Student Center! They usually have bulletin boards, tables and other things where you can leave your information at for FREE!

9. Contact your local area Welcome Wagon or Welcome to the Neighborhood Group! Ask them about you leaving mini catalogs, fliers, business cards, discount coupons, freebie mini gifts, etc with them.

They are always looking for additional items to place in their Welcome Bags!

10. Contact your local area hospitals and ask for Human Resources Dept. The Majority of hospitals hand out New Mommy Diaper Bags filled with products, samples and other stuff for New Moms who just had a baby!

It’s FREE for you to add in your information! I have gotten party hosts, new customers and new recruits by participating in these types of programs.

11. Contact your local medical offices, particularly Gynecology and OB Offices and Pediatric Offices and inquire about you leaving information with them.

This is a way for you to target Parents of Children with both the home party opt, the business opt and new customer sales.

12. Donate a Product to your local area Radio Station, they have numerous contests and they are always looking for sponsors!

Your donation can be written off as a tax deduction plus you will get FREE Advertising & Business Exposure for your donation!

13. Donate a Product to your local area Bingo Halls! They are always looking for sponsors of their Bingo Prizes! Bingo is BIG in a lot of areas!

14. Call your Chamber of Commerce and find out about Local Area Job Fairs. Get a booth and set up info about the fabulous business opt!

15. Call your Local Area Colleges and find out when their next job/employment fair is. A lot of times you can get a booth or table for less than $35 and you will get a lot of GREAT new recruit leads by participating in events like these.

16. Contact local area car dealerships. I have 2 in my local area that hand out a small packet that I made up for FREE to their customers who come in to take a free test drive!

17. Target your local area gyms! You can get a table space for $20 or less in most cases! Make sure you have 3-5 products on display, plenty of catalogs, business cards and fliers.

18. Network with others in your community who are in home business. Find out what events and activities that they participate in. They are usually “in the know” and can help you get started in networking in your community.

19. Contact Companies in your area to see if you can come in and set up a table in the employee lounge or cafeteria for a employee shopping break! These days a lot of companies will allow you to do this if you ask them!

20. Does your local area TV cable company have a local information channel? Inquire about advertising! These ads will reach thousands of potential buyers for you! I recommend you only use your website address for these types of advertising and not your personal at home address.

21. Contact local small companies and shops to see if you can offer an exclusive discounts or freebie gift to their employees. Companies are always looking for a way to “treat” their employees to specials from the local surrounding community.

22. Small Home Town Newspapers! I don’t get too good of a response when I do big newspaper city ads, however… when I target small town newspapers I usually get a great response. I even had them let me place an ad on their wedding and engagement announcements page which I advertised the Bridal Gift Registry.

So if you are going to do any type of newspaper advertising, inquire about getting your ads on specific pages in the newspaper that targets the group of people most likely to buy from you.

23. Get a low cost outdoor banner printed up with your business information on it. You can usually get them done for $55 or less depending on who makes it.

You can have these outdoor banners displayed at outdoor music/concert events, outdoor children’s sporting events, outdoor adult sport events, outdoor neighborhood block parties, outdoor community events, carnivals, fairs, etc.

24. Take your business on the road during nice weather. Contact local area parks & community centers to see what their schedule of events are and inquire about setting up a booth or table.

This is a great way to network & market your business to those in your community.

25. Community Clipper Coupon Packs & Sales Flier Mailings. These days a lot of communities have mailings such as these, contact them and see how you can participate and advertise your business.

26. Contact small local area businesses such as hair salons, massage parlors, boutiques, banks etc.

See if you can set up a table for 1 week with 3 of your best selling products on it along with some catalogs, fliers, coupons and your business card. Keep a basket on the table for any customer orders which you can follow up on after you return back to pick up your display. Offer the store owner or manager a free gift for allowing you to do this.

You can also offer to donate a prize for a contest if they let you display the prize donated & get a copy of the contestants entry blanks after the promotion closes.

27. Contact local area pizza shops, diners, and deli’s and coffee bagel shops to ask them about advertising on their paper place mats! Customers do read those ads!

28. Contact local area restaurants, bars and clubs and see about advertising on their paper beverage coasters!

29. Local Television Stations are always holding on-air contests & website contests for their viewers, contact them about you donating a prize or gift certificate to sponsor one of their contests! Great business exposure for you!

30. Attend Local Area holiday shopping events. Customers who are ready to spend holiday shopping money turn out for these events by the thousands! You can usually get a booth for less than $50.00 so they are economical to participate in!

31. Hold a local area community Block Party at your home or local community center! Families are always looking for something to do during the nice weather seasons!

Optional: Attend your neighborhood block party and set up a table with your product offerings or samples. Get out there in your community and get your business seen!

32. Get your business listed in your cities telephone book yellow pages! A lot of them also have a coupon section too!

33. You can take this phone book advertising one step further by finding out what company makes the plastic vinyl phone book covers which have local business ads on them and get your business added to it!

34. Get your business information printed up on pencils and hand them out to local colleges and technical schools for them to hand out to their adult students! This keeps your business information in front of them! (Make sure you only donate them to schools with adult students).

35. Get a vehicle banner made for your automobile. I recommend the vinyl window clings or vinyl cling ones that stick to your automobile but don’t scratch or remove the paint. You can easily remove them when washing your vehicle!

36. If your city has a travel guide that tourists request, contact that business and find out how you can advertise in it too!

37. Local City Maps! These days even city maps have advertising on them! You can usually get a small business ad printed on them for an economical price. Don’t advertise your personal location. If you don’t have a business locations then advertise your website address or email address.

38. Contact local area hotels, motels and bed & breakfast inns and ask them if you can do up a Lobby Basket and leave it in their Lobby.

What is a Lobby Basket? You make up little packs of info about your business & products and put them into the Lobby Basket for their patrons to take.

They usually have a pamphlet wall or area too with pamphlets from local area attractions etc. If they don’t have a lobby basket area, inquire about leaving your business info in their pamphlet area.

39. Get your business info printed up on balloons! This is very economical to do! You then distribute them to local community centers, sporting events and other types of places where parents book their children’s birthday parties!

These balloons can be displayed at the birthday party giving you business exposure. You can usually get them done for .3-.8 cents each. Your business name & website address is all you need on them!

40. Find a few other self employed business owners in your community and team up! You can all sponsor a local parade float, parade clowns etc. Make up signs with your business info imprinted on them so that you can receive some great business exposure during the parade!

41. Get some T-shirts printed up with your business information on it (both front & back sides) and hand them out to some friends, family and co-workers and ask them to wear them out and about in the community. This is their FREE gift for helping you to spread the word about your business!

Optional: Get ball caps printed up with your business info!

42. Get some canvas tote bags printed up with your business information printed on it. Find a few ladies who are very active in your community and ask them to use your tote bag and give it to them for FREE under the agreement that they will use it every time they go out in the community for errands & events!

43. Get a license plate made up for your vehicle! If you have your normal license plate on the back of your car, put your business named one on the front of the car!

You can get one with just your business name on it for about $20-$30 per plate!

44. Wear a business name tag every time you go out into your community! Get a Catchy Slogan printed on it such as:

A. Ask me about (your company name) Products!

B. I work from home, you can too!

C. Earn some FREE when you party with me!

45. Local Area Magazines! Does your city publish a City Magazine? If so, contact them about advertising or if they hold contests for their readers offer to donate a product or service for their contest!

46. Check out your local area State Fairs & Community Carnivals, there are always a lot of them going on during seasonal weather.

Ask about getting a booth or table & set it up with your business information! People love to shop at Fairs & Carnivals and they are looking to spend money

47. Get some Business Card Magnets printed up and hand them out every where you go! Have your friends & family pass them out too!

People are more apt to keep a magnetic business card compared to a regular one which gets shoved into a drawer or wallet. By having a magnetized card, your business is kept in front of the potential customer/client.

48. When you give gifts to family, friends, neighbors, co-workers etc. make sure you give them gifts from your own company! These allow other people to see & touch your gift meaning FREE business exposure for you! (Plus, you bought the gift from yourself so you are saving money!)

49. Invite your spouse’s co-workers over to your home for a little mingling party! Serve some refreshments or do a cookout BBQ and make sure you have a table set up with some product displays!

If you sell kitchen or food products, make sure you use them!

50. Do a neighborhood children’s shopping party!

I do this before Christmas and again before Mother’s Day. I invite the neighborhood kids to come by and shop for gifts for their parents and loved ones. They enjoy shopping on their own and parents enjoy a small break from the children!

To make this successful make sure the products you are offering are economical, I try to keep them under $25.00 each with most being around $10.00 each. Have a table set up with some inexpensive crafting supplies and let the children make their own greeting cards to go with the gifts they have purchased or have a gift wrapping table set up so they can personally wrap their gifts!

April Decheine is a the founder of Wahm Diva [http://wahmdiva.com], a website for home based business owners and people looking to build a business from home

She runs several blogs one of which is Life After A Corporate Downsize [http://aprildecheine2006ataglance.blogspot.com] and owns Sunshine Travel [http://sunshinetravel.info]

Article Source:

http://EzineArticles.com/?expert=April_Decheine

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Small Business and Web Sites

Thursday, March 10th, 2011

In the United States there are a good amount of small businesses. Most of us Americans refer to these as Mom and Pop shops. I am going to discuss how, why, and approximately how much it is to set up your small businesses with a web presence using a web site on the Internet. As a small business owner myself and an IT professional, I know first hand how important advertising is. Most small business have money budgeted for advertising. Some more than others. But one thing that small business owners overlook is the power of a lot of low cost or free advertising on the Internet.

A web site for your small business is a must, along with signing up for Google places. Signing up on Yahoo as well is a good idea. Today most of us use and have access to the Internet at home or via our smart phones. When we need something we pop open Google and search for it. For example, you need a virus removed from your laptop. You go to Google and do a search for computer repair or virus removal in your area. The search engine results are shown, and then you start making some calls from the list of businesses that are relevant.

This is a powerful way for you to receive calls to your business, and the cost is very minimal. It’s usually around $2000 to get a good website set up for you, it’s $12 a year for the domain name, and then hosting is around $60.00 per year. If you add all that up and then divide by 5 years, your total cost of advertising with your web site is $39 a month. You can’t touch that price per month for advertising with any other advertiser for 24/hr per day advertising and showing up on the worlds number one search engine.

Now just getting your web site set up isn’t the last stop. You’ll have to Search Engine Optimize (SEO for short) your site, otherwise your search engine results won’t get you the business you desire. The explanation is when you first set up your web site, it first has to be submitted to Google for indexing. After indexed, you have to use strategic methods to raise your search ranking for certain keywords. Otherwise, you will never reach the first page of results for the keyword your targeting. I suggest hiring a SEO company to do this for you. In most cases, they can do it for you in 3 months for fees ranging from $750-$1000.

If you add that fee in with the previous fees, your total cost of advertising for your website would be?$56?a month for a five year period. Obviously I’m on?using 5 years as a baseline, if you factor in?a longer period of time,?your cost will go down. It is very small price to pay to have a good chance to increase your monthly sales when done properly. With the new age of technology, and the way we use the Internet to find products and services on the Internet, it would be in your best interest to use this tool to your businesses advantage.

IT Professional and Owner of TCN in Kenosha, WI

Kenosha Computer Repair

Don’t call a Geek, call the Nerdz for your computer repair and technology needs. What you need, when you need I.T.

Article Source:

http://EzineArticles.com/?expert=Eric_S._Barnes

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Local Business Marketing Online – Google Places – Getting to 100%

Monday, February 21st, 2011

For businesses serving their local market, life has gotten easier. At least that’s the case for those savvy enough to take advantage of the huge marketing gift Google has offered them.

What’s remarkable is the fact that Google has created pages not just for those businesses who already have web sites, but for millions of businesses who don’t.

The trick though is to “Claim” them, and once claimed to get them to appear on the Google 7 pack within your local market place.

Claiming is easy, but to stay on top of the local market you need to take several additional steps. First you must fill out your information as completely as possible.

In addition, you will need to accumulate citations from other sources and get reviews if you are to maintain a top billing. In the near term, for most businesses, the initial challenge is to get their forms to the 100% complete criteria. Since less than 3% of all Google pages have been claimed so far, you can discover yourself on the first page of Google already, or if not, significantly increase your chances merely by claiming the site.

But as more and more businesses learn the ropes, it appears that those who do the best job of completing the form will be ranked higher than those who only do a partial job.

If you just do the basics, company name, street address, city town, state and zip, plus your main phone you will get credit for 40% of completion. Adding your website and email address will add another 15%. If you don’t have a web site, you can set up a Squidoo page or even a Facebook fan page and use that.

The website spot is worth 10% so it’s important to get a web address of some sort. It’s estimated that even today, as many as 50% of small businesses do not have a web site. That will soon change.

Putting in any type of description of your business will add 5%. But don’t just put in something to get the 5%. Let your prospective customers know what you can do for them. Remember we are doing this to attract customers.

Next be sure to add hours of operations. At first I didn’t because I am kind of a 24/7 operation, working from home as I do. Google allows you to not list any times, but you will get 5% for filling out your hours. And another 5% for toggling any of the payment options.

All of this is pretty straight forward, but what Google loves to see are pictures and videos. They have space for 10 pictures and they want you to use all ten slots to get full credit. So get out your digital camera and take pictures of your logo, your front door, yourself, your staff, your product, yourself at work, your cat or dog or what ever. Clearly the more business and value related these pics are the better they will sell your prospective customers.

Don’t think these need to be studio portraits done by a professional. But that said the better the image the better the impression. This rule is also true for the last big hurdle for many businesses which is the video. At this time it appears that you only need to put up one video to get full credit. This can be as simple as a quick video with you digital camera or phone to a power point presentation outlining the key reasons to do business with you.

Finally, there is a place for additional details. Putting in a one line statement here will add a final 6% to your completion score.

Your first objective is to claim the site. The second is to fill out the form completely, third is to go back and improve the quality of the content. Once done, you will have a Google Places Site that will show off you business properly.

Your Google Places listing is the new Yellow Pages, and you want your listing to be accurate and persuasive. In the near term, this may be all you need to benefit from a first page listing in your market niche in your community. In the future you will need to do more to hang on to that spot, but we will talk about that in future posts.

Now before I leave, let me share with you one more benefit you probably didn’t realize. By setting up a Google Places Page, you have leapfrogged many other competitors of yours who have web pages but are not set up for Mobile phones.

Half of internet traffic is likely to be from mobile devices in 2011 and not traditional computers. Your Google Places page is set up to show up properly on people cell phones, which will give you access to this rapidly growing class of customers. Most of your competitors, even those with big classy websites are probably not set up to be seen properly on cell phones. That’s a real advantage to those who are wise enough to take quick action and get themselves seen.

For some businesses merely claiming your Google Places Page will get you to the first page of Google almost overnight, But to really succeed for the long run you need to set in motion a long term strategy to build citations, and positive reviews as well as traditional web site and social media marketing. The author offers local based businesses a tailored package of services to meet their specific needs. While he is known as the MinneapolisInternetMarketingConsultant he offers his services across the internet throughout the US and Canada and beyond. He has also produced a variety of YouTube videos on various topics such as Title Tags and other elements critical to proper search engine optimization that apply to all web sites.

Article Source:

http://EzineArticles.com/?expert=Earl_Netwal

Continue reading here: Local Business Marketing Online – Google Places – Getting to 100%

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Setting Up a Daycare Business – Start-Up Costs

Saturday, January 29th, 2011

The costs associated with setting up a daycare business can range from only a few thousand dollars up to hundreds of thousands of dollars. Let’s have a look at some of the startup costs that you will most likely come up against if you open your own child care center.

1) Location – The main concern when it comes to startup expenses is whether you start a home-based daycare or rent commercial premises. It is possible to run an extremely efficient business by using your home although you will be sacrificing large parts of your family’s living space. There is however refurbishment costs associated with turning part of your home into a daycare environment that is suitable for children.

2) Licensing, Safety and Compliance Costs – Fire safety equipment such as extinguishers and alarms must be installed, first aid kits must be purchased and the daycare area must be fenced to keep children within a safe play zone. Business licenses and permits will also add on to initial costs.

3) Equipment – To make your daycare marketable you have to turn it into a child friendly environment. Suitable furniture and decorations are needed to create visually stimulating surroundings and you will also need play structures, toys, books, posters and art and craft supplies. Remember to always go with quality as children typically wear things out faster than adults.

4) Administrative area – You will have set up a small area that can be used as an office. Costs here may include stationery, phone line connection and Internet connection.

5) Operating Costs – Some business plans also include operating costs for the first two or three months of business when they calculate startup costs. This is sensible as it may be several months before the business has revenue coming in.

6) Business Launch – Expenses associated with promoting the daycare will include branding (logo design), advertising costs (campaigns should start months before opening day) and expenses associated with throwing an opening party.

It is important to show some restraint as you set up the business and prevent startup costs from getting completely out of control. But at the same time you need to have spent enough by opening day that you are looking fully organized and professional with a set up that attracts families to your services. Carefully budgeting for your daycare business startup costs will go a long way to determining your level of success in the first few months of your businesses life.

For more information on how to start a daycare visit

http://www.startadaycareservice.com for more information

Article Source:

http://EzineArticles.com/?expert=Sienna_Brown

Continued here: Setting Up a Daycare Business – Start-Up Costs

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Rules to Setting Business Goals and Objectives: Why and How to be SMART

Sunday, January 23rd, 2011

We all know that nothing runs without a plan, and a plan cannot run without having its objectives set.

That applies to any kind of plan, whether we’re talking business or personal finances, university degrees or NGO programs, website promotion or weight loss.

Setting objectives and milestones is of crucial importance for any planning activity and is the core of its success, or failure.

Knowing how to set objectives is not exactly rocket science in terms of complexity, but any strategist should know the basic rules of how to formulate and propose objectives. We will see in this article why objectives play such a major role within a company’s planning and strategic activities, how they influence all business processes, and we will review some guidelines of setting objectives.

The Importance of Setting Objectives

One might wonder why we need to establish objectives in the first place, why not let the company or a specific activity just run smoothly into the future and see where it gets. That would be the case only if we really do not care whether the activity in discussion will be successful or not: but then, to use a popular saying, “if something deserves to be performed, then it deserves to be performed well”. In other words, if we don’t care for the results, we should not proceed with the action at all.

Setting objectives before taking any action is the only right thing to do, for several reasons:

- it gives a target to aim to, therefore all actions and efforts will be focused on attaining the objective instead of being inefficiently used;

- gives participants a sense of direction, a glimpse of where they’re going to;

- motivates the leaders and their teams, since it is quite the custom of establishing some sort of reward once the team successfully completed a project;

- offers the support in evaluating the success of an action or project.

The 5 Rules of Setting Objectives: Be SMART!

I am sure most managers and leaders know what SMART stands for, well, at least when it comes of establishing objectives. However, I have seen some of them who cannot fully explain the five characteristics of a good-established objective – things are somehow blurry and confused in their minds. Since they can’t explain in details what SMART objectives really are, it is highly doubtful that they will always be able to formulate such objectives.

It is still unclear from where the confusion comes: perhaps there are too many sources of information, each of them with a slightly different approach upon what a SMART objective really is; or perhaps most people only briefly “heard” about it and they never get to reach the substance behind the packaging.

Either way, let us try to uncover the meaning of the SMART acronym and see how we can formulate efficient objectives.

SMART illustrates the 5 characteristics of an efficient objective; it stands for Specific – Measurable – Attainable – Relevant – Timely.

1. Be SPECIFIC!

When it comes of business planning, “specific” illustrates a situation that is easily identified and understood. It is usually linked to some mathematical determinant that imprints a specific character to a given action: most common determinants are numbers, ratios and fractions, percentages, frequencies. In this case, being “specific” means being “precise”.

Example: when you tell your team “I need this report in several copies”, you did not provide the team with a specific instruction. It is unclear what the determinant “several” means: for some it can be three, for some can be a hundred. A much better instruction would sound like “I need this report in 5 copies” – your team will know exactly what you expect and will have less chances to fail in delivering the desired result.

2. Be MEASURABLE!

When we say that an objective, a goal, must be measurable, we mean there is a stringent need to have the possibility to measure, to track the action(s) associated with the given objective.

We must set up a distinct system or establish clear procedures of how the actions will be monitored, measured and recorded. If an objective and the actions pertaining to it cannot be quantified, it is most likely that the objective is wrongly formulated and we should reconsider it.

Example: “our business must grow” is an obscure, non-measurable objective. What exactly should we measure in order to find out if the objective was met? But if we change it to “our business must grow in sales volume with 20%”, we’ve got one measurable objective: the measure being the percentage sales rise from present moment to the given moment in the future. We can calculate this very easy, based on the recorded sales figures.

3. Be ATTAINABLE!

Some use the term “achievable” instead of “attainable”, which you will see it is merely a synonym and we should not get stuck in analyzing which one is correct. Both are.

It is understood that each leader will want his company / unit to give outstanding performances; this is the spirit of competition and such thinking is much needed. However, when setting objectives, one should deeply analyze first the factors determining the success or failure of these objectives. Think of your team, of your capacities, of motivation: are they sufficient in order for the objectives to be met? Do you have the means and capabilities to achieve them?

Think it through and be honest and realistic to yourself: are you really capable of attaining the goals you’ve set or are you most likely headed to disappointment? Always set objectives that have a fair chance to be met: of course, they don’t need to be “easily” attained, you’re entitled to set difficult ones as long as they’re realistic and not futile.

Example: you own a newborn movers company and you set the objective of “becoming no. 1 movers within the state”. The problem is you only have 3 trucks available, while all your competitors have 10 and up. Your goal is not attainable; try instead a more realistic one, such as “reaching the Top 5 fastest growing movers company in the state”.

4. Be RELEVANT!

This notion is a little more difficult to be perceived in its full meaning; therefore we will start explaining it by using an example in the first place.

Imagine yourself going to the IT department and telling them they need to increase the profit to revenue ratio by 5%. They will probably look at you in astonishment and mumble something undistinguished about managers and the way they mess up with people’s minds.

Can you tell what is wrong with the objective above? Of course! The IT department has no idea what you were talking about and there’s nothing they can do about it – their job is to develop and maintain your computerized infrastructure, not to understand your economic speech. What you can do it setting an objective that the IT department can have an impact upon, and which will eventually lead to the increase you wanted in the first place. What about asking them to reduce expenditures for hardware and software by 10% monthly and be more cautious with the consumables within their department by not exceeding the allocated budget? They will surely understand what they need to do because the objective is relevant for their group.

Therefore, the quality of an objective to be “relevant” refers to setting appropriate objectives for a given individual or team: you need to think if they can truly do something about it or is it irrelevant for the job they perform.

5. Be TIMELY!

No much to discuss about this aspect, since it is probably the easiest to be understood and applied.

Any usable and performable objective must have a clear timeframe of when it should start and/or when it should end. Without having a timeframe specified, it is practically impossible to say if the objective is met or not.

For example, if you just say “we need to raise profit by 500000 units”, you will never be able to tell if the objective was achieved or not, one can always say “well, we’ll do it next year”. Instead, if you say “we need to raise profit by 500000 units within 6 months from now”, anyone can see in 6 months if the goal was attained or not. Without a clear, distinct timeframe, no objective is any good.

Otilia is a young certified professional with expertise in eMarketing and eBusiness, currently working as independent consultant and ePublisher. She developed and teach her own online course in “Principles of eMarketing” and is also a volunteer Economics teacher. You can contact her via her Marketing resources portal at TeaWithEdge.com

Article Source:

http://EzineArticles.com/?expert=Otilia_Otlacan

Read more here: Rules to Setting Business Goals and Objectives: Why and How to be SMART

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Being Made Redundant? Powerful Strategies For Success in New Business Ventures

Thursday, August 5th, 2010

When being made redundant and looking to start a new business venture, do you worry about being one of the many new start ups who fail within the first few years? Do you wonder what action others’ have taken to ensure success?

Remember the secrets of success are not the same for everyone, and will depend on your own very individual set of circumstances. Take Linda for example, she has recently recovered from a long period of illness and rather than go back to paid employment, felt the time was right to start her own business. An old hobby of Linda’s was aromatherapy massage, so she took a refresher course to brush up on her skills and updated some of her equipment.

Linda started very slowly, initially working with a maximum of one or two clients per week, taking plenty of rest in between times and gradually building up her appointments. This was to ensure that the pressures of handling a new venture, in addition to very physically demanding work would not give her a relapse and make her ill again.

By working to one of her strengths – engaging people, Linda was able to generate business during these tough times. Linda is one of those people who is very good at talking to strangers as though they are long lost friends, and if you are with her in a wine bar or restaurant, she will have the waiter sit down and talk through the menu, whilst at the same time extracting his or her life story.

Linda had some leaflets and business cards printed, and spent a couple of days going around the local hairdressers and hotels in her area, telling people what she was doing and asking whether there was any way she could work with the establishments to their mutual benefit. Just two weeks of doing this and she had the offers of spaces in three different businesses, with invites to two trade fairs where she could set up a stall. Now six months later Linda has a thriving aromatherapy massage business and she is getting ready to diversify in to other areas.

Now this approach would not have suited everyone – it was only Linda’s natural flair for getting on with people that made this a success. For someone else, extensive advertising may have been the right route. Or getting a piece printed in a local paper. The point is that one of the keys to YOUR success is working to your strengths, and tailoring other success factors to your own individual set of circumstances.

Are you working to your strengths?

Allison Galbraith is the owner of Macintosh Wright, a broad-based personal development and business coaching organisation.

Allison is a qualified Management and Leadership Coach with qualifications from both the LCH and the Institute of Leadership.

Her background is in financial services. She is a Chartered Insurer and has a Key Account Management Diploma from the Institute of Sales and Marketing Management.

She has extensive experience of managing teams of various shapes and sizes. Visit her today at http://www.macintoshwright.com.

Article Source:

http://EzineArticles.com/?expert=Allison_M_Galbraith

See original here: Being Made Redundant? Powerful Strategies For Success in New Business Ventures

Have a Business? Need a New Business Line? Why Business VoIP Might be the Answer

Friday, June 18th, 2010

By Costas Kariolis

Running a business is all about juggling costs against profit. The lower your costs, the greater your profit margins. One of the biggest drains on a business’s financial resources can be their telecommunications bill. Conventional landline technology may be tried and tested, but it’s expensive and frankly, starting to look a little bit outdated in an age of computers, the Internet and fibre optic broadband capacity. Which is why if you’re running a business and are in the fortunate position of expanding your enterprise, considering switching your telephony to business VoIP (Voice over Internet Protocol) could be one of the best business decisions you make this year.

How can VoIP help my business?

If your company is growing, eventually having just one phone line is going to prove detrimental to the smooth running of your daily business. Rather than installing a second phone line that uses ordinary landline technology, a business phone line that operates on a business VoIP system can cut your costs substantially – and you don’t even have to change your hand sets to use it.

Modern business VoIP uses your Internet connection and broadband to connect calls all over the world. The real beauty of VoIP is that it can cut your call costs to the bare minimum with no loss of quality or voice clarity. Business VoIP providers offer companies looking to install a new phone line flexible packages that could mean your international calls cost no more than the price of a local call, and, in some cases, can be free. For businesses with satellite offices in other countries or who do business with international clientele, this option makes sense. If you make a lot of international calls, having a dedicated VoIP business phone line that can provide you for both local and international calls at the same rate makes sound financial sense.

No need to buy new handsets

Because of the advances in VoIP technology, you don’t even have to buy a specially adapted handset to be able to take advantage of a VoIP business phone line. A small adapter can be fitted to an existing hand set, instantly turning it into a VoIP phone. And particularly for small businesses in the process of growing their operation, every penny counts.

Call plans designed for business users give you a complete package of national and international calls at cheap rates, all for a single monthly fee, making your accounting records for your telecommunications costs easier to keep and saving you time. Switching to VoIP can also make your business look more professional. By showing that you are actively embracing the latest technology, international clients will see that you are ready for the world stage and have future-proofed your business for growth on a global scale.

VoIP is the new business tool for telephony. A natural product of the fusion between old ideas and new technology, business VoIP offers any company looking to expand their range but keep costs to a minimum the perfect solution.

About the Author: Costas Kariolis – Online Marketing Manager of Vonage UK. Vonage are leading VoIP (Voice over IP) providers for home & small business users. Offering business VoIP to landlines and mobiles via an internet phone service for a set monthly fee. For interviews, quotes, images or comments contact: Costas Kariolis Senior Director Online, UK & Canada E-mail: theteam@vonage.com

Source: www.isnare.com

Permanent Link: http://www.isnare.com/?aid=512259&ca=Business

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