The biggest complaint small business owners tell us is that they need more sales. Using her analytical consulting skills and MBA training, Canty researched the market, developed a business plan, established performance metrics and focused on achieving profitability. There’s considerable substance underneath, with some great entrepreneurial and small business content.
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There is no way people will know about your business if you don’t advertise it. Since the firm is small, you don’t have a huge budget, but this shouldn’t deter you from getting your name out there. And in a busy small business it’s more difficult for 20 staff to do the work of 25 or 8 to do the work of 10 than for 40,000 to be reorganized to do the work of 50,000.
They also opened a retail location in 2006, which has allowed them to do business with manufacturers that were previously off-limits to the online-only venture, and they have added $500,000 in incremental revenue to their bottom line. I and two other blogger panelists have been asked to write about business topics posed by the Facilitator. This business does not necessarily need to be near its customers, suppliers, raw materials or transportation facilities.
Unless you want to have shareholders or your potential clients will only do business with a corporation, it may not be logical to establish your business as a corporation from the start – an LLC may be a better choice. Potential investors also want to hear about how you plan to use mobile marketing to get the word out about your business.