A Little Business Know-How from the Chick in the Skirt…
Posted in Business Basics, Word of the Week on Dec 8th, 2007
There is a mountain of evidence to suggest that people who plan are more successful. Plans aren’t always followed, but people armed with a plan are usually better off. The same is true in the world of business. You need to have a plan to understand where you are today to get where you would [...]
Posted in Business Basics, Business Extras on Dec 8th, 2007
New businesses share a lot in common. They are new, they are businesses and they are usually operating on a shoestring. But the last area that you want to nix from your budget is marketing. This is an absolutely critical activity, which doesn’t need to break the bank to be effective. Below are some proven, [...]
Posted in Business Basics on Dec 7th, 2007
At one point or another, we have all dreamed the big dream…the dream of starting a business! But before taking the plunge, there are some points and issues to take under consideration. Ask yourself the following questions:
Are you in a position to give up your current full or part-time job? Will you be able to [...]
Posted in Market Niche, Start-Up Ideas, What's Hot in Business on Dec 5th, 2007
Over the years I’ve noticed a trend - people love starting businesses around the new year. What better resolution is there? So if you’re gearing up to make 2008 your year for entrepreneurship, consider this market focus: social networking. If you’ve heard of Facebook, MySpace, Bebo or YouTube, you’ve heard of this phenomenon. A social [...]
Posted in Business Basics on Dec 5th, 2007
I have spent an inordinate amount of time answering questions related to Business Plans on WikiAnswers (www.wiki.answers.com) to help budding entrepreneurs learn the ins and outs of properly constructing these important documents. If you have questions about writing a business plan, you might want to check these out:
http://wiki.answers.com/Q/How_should_gaps_in_management_be_addressed_in_a_business_plan
http://wiki.answers.com/Q/How_do_you_find_information_on_your_competitors_for_your_business_plan
http://wiki.answers.com/Q/What_is_a_SWOT_analysis_and_do_you_need_one_in_your_business_plan
http://wiki.answers.com/Q/Should_you_use_business_planning_software_to_create_your_business_plan
http://wiki.answers.com/Q/What_are_the_most_common_mistakes_made_when_developing_a_business_plan
Posted in Competitive Forces, Market Niche, Start-Up Ideas on Dec 4th, 2007
Going into 2008, there are some key niche markets (narrow group of customers) that you don’t want to overlook. They offer an opportunity for you to garner a competitive advantage and build upon a specialized service or product offering. While baby boomers, high net worth individuals and women all remain viable niche markets, consider these [...]
Posted in Business Basics on Dec 3rd, 2007
A number of years ago, I had the privilege of working for a brilliant man. He was an educated business professional, a skilled engineer and a gifted inventor. The problem? He had no clue what cash flow was and eventually ran his business into the ground. At the closing of each month, the first [...]
Posted in Start-Up Ideas on Dec 2nd, 2007
There never seems to be an extra minute in the day to clean out and vacuum your vehicle. So a month passes, and you have three inches of dust accumulation on the dashboard, wrappers and sticky, empty coffee cups shoved underneath the seat and in the sides of the doors and trying to see out [...]
Posted in Word of the Week on Dec 2nd, 2007
Wiki is the new buzzword online, and one that you should familiarize yourself with. Made popular by Wikipedia, a wiki is:
“software that allows users to collaboratively create and edit content on a Web site or other online resource”
My favorite wiki Web site, WikiAnswers (www.wiki.answers.com) - a collaborative Q&A community and the second fastest growing Web [...]
Posted in Business Basics on Dec 1st, 2007
I’ve been scouring the Web trying to come up with a list of sites that are tops for entrepreneurs. Of course, The Babe of Business ranks numero uno. But here are a few others worth checking out:
TannedFeet (www.tannedfeet.com) - Okay, not your prettiest site, but packed with helpful information on writing a business plan, marketing [...]
