Category: Government

Big Mistakes to Avoid So That Your Online Business Will Make Money

Category:Government

1. Re-examine the product

Is the product really something that millions of people out there in the world want to buy?

Some additional keyword search analyses should be useful. Sometimes this step can be difficult, especially for online business owners who have already fixed in their mind their own products to sell in their Internet business.

The less risky approach to successfully make money is to sell proven products. Affiliate marketing is selling somebody else’ products, that are already selling well, and get paid a commission for it. Some successful online entrepreneurs trim their risks by doing both.

2. Re-examine the business website?

An online business is still a business. Potential customers that are looking to buy say an LCD TV see so many beautiful professional websites out there in the Internet.

So if an online business owner seriously wishes to make money from customers out there the business website, which is the equivalent of a store front, has got to be comparable if not better. It takes time to create a professional website.

People who set up their online business in their spare times generally are worn out less than half way of their journey to make money online.

One solution is to engage a professional to do up the website for the Internet business. Costs will be incurred, during the initial setup, and every subsequent time a modification is required.

3. Re-examine the traffic to the business website

An Internet business can easily fail to make money because there not enough visitors. Utilizing search engine optimization would allow the online business website to be viewed by other people who are not in the Internet business’ regular mailing lists.

Other methods are Google Pay Per Click and Ad Sense advertising. This involves drafting a simple text or image advertisement to promote your Internet business. Google places them on web pages and a small fee is paid every time a potential customer clicks on them.

Another free method to direct traffic to the Internet business is Articles Marketing. These articles rank high on the search engines, where millions of people notice, and they are brought to the online business website. If they like what they see in the online business website they buy it, and the online business can make money.

There is much to do. To improve the odds to successfully make money, online business owners have to consider which of the above very time-consuming tasks can be delegated to someone else. Mr. Ford did not make money building cars entirely on his own.

Create Your Facebook Business Page

Category:Government

Here is the answer: Facebook is ruining the businesses that have not created a customized business page to promote their products or services.

The answer to this question is actually geared more so toward entrepreneurs who currently do not have a Facebook Business page to promote their business, products, or services.

If this is you, keep reading. You will be introduced to five easy suggestions for creating a fun, but professional Facebook Business page.

If you do have a business page on Facebook, then you may already be aware of the positive impact this powerful free marketing tool has had on your business. You have increased the effectiveness of building a list of prospects and keeping your existing clients by tenfold! And it is an excellent resource to market your business, products, or services.

Build Your Facebook Business Page with These 5 Easy Suggestions

1. Creating Your Customized Page.

There is no limit to the number of pages you can create. This is your opportunity to let the world know about who you are, what you do, and how they can benefit from you.

Don’t be afraid to show your personality.

If you stay casual, then you will attract more people and make satisfying connections.

On a professional level, it is good share your company mission, your target market, services or products, company history, and your business email address.

2. Maximize your Facebook personal profile with your customized business page.

I am sure you want to get a lot of exposure for your business. A simple method to get a lot of business exposure is by adding your customized business page to your Facebook personal profile page.

When I added my business page to my personal profile, I experienced positive results almost immediately!

3. Showcase your favorite personal and business photos.

Just because you are creating a professional page does not mean it can not be fun and interesting. Photos are one of the most viewed content on the Internet. Along with your professional photos, share snapshots of your vacations, family events, experiences, or something humorous.

Your contacts will know more about your life and favored interests. They will be able to connect with you on a deeper level, which all boils down to building trust and eventually long term business relationships.

4. Make it a goal to post on Facebook at least twice per day.

Facebook is the perfect place to connect with people anywhere in the world. There are an abundance of people to build relationships with your personal profile page and your customized business page.

Effectively Practicing Credit Cards On Your Small Business

Category:Government

Business Credit Good Or Bad?

Credit is like anything else in your life. Properly used it can be a real asset your business. However, improper use of credit lines can almost guarantee that you’ll get into trouble and eventually even cost you your business and your personal credit too.

The first thing that you should do to establish and/or improve your business credit rating is to apply for a DUNS Number. You can Google the term DUNS Number and be directed to a site where you can get this number for your business. Once on the site, you will also learn ways to develop and/or improve your business credit rating.

Your business’ DUNS rating will impact how much credit you can get for your business and frankly, you should always try and develop your business credit separate from your personal credit. To accomplish this, you need the DUNS number and you also need to start building lines of credit for your business without making personal guarantees. The best way to do this is to start out small by borrowing a small amount of money from a local bank or credit union against a small cash deposit that you make into a business checking account. I suggest making 3-4 monthly payments on time and then pay the account off in full. You’ll be surprised how quickly your small business will start to get offers for everything from credit cards to signature lines of credit and/or equipment financing.

Separately, if you have any local vendors that you do business with, try getting them to extend you a small line of credit and then ask them to report your payment history to the credit bureaus in the name of your business (not your personal name). I would do the same thing here as with the bank loan. Just get a small line of credit, make payments for 2-3 months and then pay the outstanding amount off. You will be surprised how quickly your business credit rating will improve and the offers you will receive should exceed your needs.

On the other end, there is the use of credit cards and/or receiving credit cards from customers.

All I will say for the moment about accepting credit cards is that it is a necessary business tool for most small businesses today. In regards to using credit cards for your business, I suggest that you keep your business and personal lines of credit separate, if at all possible. Use business credit cards for business purposes and use credit cards for personal use on your personal credit cards. I know that many of you will say that this is hard to do, but the sooner you build your business credit, the less you will have a need for your personal credit cards to finance your business expenses.

Of course, this is but an example of how business credit lines can be developed and/or used for your growing small businesses. Furthermore, you will learn over time that the better you develop and manage your business lines of credit separately from your personal credit, the more your company will be worth and the more successful you are likely to be.

As you begin to develop and/or expand your presence on the Internet for your business consider this: Developing and/or improving your business lines of credit is one of the many important solutions to help jumpstart your online or offline business. However, you will need to develop more comprehensive strategies, since no one way will work for all businesses as you begin to build a customer base that you can then market to online on a regular basis. As stated earlier in this series, in order to rise above the crowd you will need more than just a website. Therefore, developing business credit lines in addition to implementing several Internet based solutions over the next 12-24 months will be critical to the long term success for virtually every small and local business in America.

Ways for Creating a Catchy Business Name

Category:Government

1. Useful Alliteration
It’s a good idea to come up with an alliterative name. Companies make use of alliteration all the time to make sure that their catchy business name is a memorable one. Many reputable and popular companies and brands use alliteration in their names, including Bed Bath & Beyond, Dunkin’ Donuts, PayPal, Best Buy, and Johnson & Johnson. This is not only useful for making your business name memorable, but also for making a good acronym that people will easily remember to relate to your business.

2. Prominent Acronyms
Creating an influential yet helpful acronym for your business name can give you an edge against the competition. Acronyms make up for a catchy business name that’s easily remembered by consumers. But, if you’re planning to use an acronym you should first ensure that it’s memorable and unique. A good example of a catchy business name that uses an acronym is the golf store Power Athlete Retail. Its acronym, PAR, reads as the goal term “par” which every golfer wants to achieve.

3. Helpful Word Compounds
Word compounds are used to create an attractive and catchy business name that consumers can easily relate to. YouTube is a perfect example of this. The easy and familiar name instantly activates appropriate association in the mind that YouTube is a user-generated video sharing website. Another good example is combining the words Washington and Battery to come up with WaBatt, which easily suggests that your battery selling business is based in the state of Washington.

4. Smart and Deliberate Misspellings
Companies, advertisers, and shops deliberately misspell a word to come up with a catchy business name and make it stand out. This is a good way of giving a unique appeal to your business and perhaps one of the quickest and smartest techniques to create a catchy business name. One example of how this works is by naming your bookstore “Paperbax”, which easily suggests that you’re selling paperback books. Such small but strategic misspelling can tell people a lot about your business. Like in this case, where the name appeals to the younger audience and asserts the thought that Paperbax is not a regular bookstore that sell hardcover books alone.

5. Proper Crowdsourcing
Crowdsourcing is the effort to outsource tasks to a crowd through an open call. This means tapping into the collective intelligence of a large group of people for fulfilling a certain task. By doing so, productivity and creativity are increased while labor and operating costs are kept to a minimum. Naming Force is a good example of a web service that helps to create a catchy business name through the power of crowdsourcing. PickyDomains on the other hand, is a dedicated crowdsourcing service for online business owners who need help with naming their website.

6. Business Name Generator Applications
Business name generator applications also come handy in creating a catchy business name. These software mix and combine words or parts of words to generate a compound word. There are many professionals who make use of such tools to generate website, product, and brand names. One of the most popular business name generator software is Workmaker, which has a massive database containing not just English, but German, French, and several other languages as well. There are also free business name generators online which are widely used by small and large businesses to get a catchy business name. Some of the most notable business name generators for free are BizNameWiz, NetSubstance, and Online Generator.

7. Business Name Development Consultants
Running out of creative juices and still can’t find a catchy business name? Then it’s time to get some professional help. There are many professional consultants that offer their services to assist people in creating the right business name. Some of them combine audience impact and creativity to develop the perfect business or product name. One of these professional consultants is Fresh Bread Creative, which has developed over 5,000 logos and corporate identities.