Tag Archives | small business tips

8 Best Resources to Grow Your Small Business

As a small business owner, the deck is stacked against you. Most businesses fail after the first five years, and even if you do hang in there, the chances of you becoming the next Facebook are really not very likely. 95 percent of all small businesses in the world never gross over 1 million in revenue, nor do many of them revolutionize their industry, net a profit, or change the way people do something. But even in the face of all of that, now is still a great time to start a business. The world is still waiting on a better mousetrap. Technology has made it so much easier to do business and run your company from anywhere. The challenge is that your competition can do it too, and the competition, in many cases, is global and not local. Getting your new start-up off to a great start is essential to building a profitable and sustainable small business.

There are lots of places to get good information on running a successful business. Many entrepreneurs have come through the struggle of building their businesses, and many are happy to prepare you for your entrepreneurial journey. I have gathered the 8 best start–up resources to help you to launch your small business.

SCORE 300x108 8 Best Resources to Grow Your Small BusinessSCORE is a nonprofit organization that provides expert business counseling to small business owners. SCORE’s Web site provides on-line counseling, and offers great e-mail newsletters. What I like best about their newsletter program is, it allows you to select which level of information that you want. From operations, to financing and expansion plans SCORE has a vast database of experts to assist your small business.
youre the boss 300x83 8 Best Resources to Grow Your Small BusinessYou’re The Boss Blog, New York Times offers an insider’s perspective on small-business ownership. It gives business owners a place where they can compare notes, ask questions, get advice, and learn from one another’s mistakes. By the way, I write for this publication as a regular contributor on social media and small business, but I read this blog long before I started writing for it.
huffington post small business 300x24 8 Best Resources to Grow Your Small BusinessHuffington Post Small Business America includes blogs, news, and community conversations about Small Business in America. A great example of the quality content on this site is the article by Faisal Hoque Growing a Small Business with 5 Essential Principles http://huff.to/17JdrFv
msnbizonmain 300x100 8 Best Resources to Grow Your Small BusinessBusiness on Main is an online destination for small-business leaders and entrepreneurs who are looking for information to take their companies to the next level. I especially like their engaging original videos, featuring business stories that will inform and inspire you on the path to success
Small Business Trends 8 Best Resources to Grow Your Small BusinessFounded in 2003, Small Business Trends is an award-winning online publication for small business owners, entrepreneurs and the people who interact with them. It is one of the most popular independent small business publications on the web.
 8 Best Resources to Grow Your Small Business Inc. is a great magazine and an even better website. They say they offer everything you need to start and grow your small business now.
Entrepreneur 8 Best Resources to Grow Your Small BusinessEntrepreneur Magazine provides business ideas and trends on start-up, finance, marketing and franchising tools and tips and they have a great website, too. You can also read about the latest news, expert advice, and growth strategies for small business owners.
theselfemployed 8 Best Resources to Grow Your Small BusinessThe Self Employed is a website created by Steve Strauss, small business columnist for USA Today and bestselling author of the Small Business Bible.  It provides lots of great advice for solopreneurs in particular, on start-up, finding clients, insurance and tax issues.

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Why You Need To Build An Email List, and Not a Social Media Profile

Why You Need To Build An Email List and Not A Social Media Profile 300x272 Why You Need To Build An Email List, and Not a Social Media ProfileGuest Article

I’ve got news for you — when you’re building your social media profile (and not your email list), you’re setting yourself up for failure. Here’s why: Your goal with social media should be to drive traffic back to your own website.  Once your target lands there, you’d best have at least three ways to get them to give you their email address.  Without a way to follow-up with more helpful information, your chances of converting a visitor into a customer are quite slim.  Here are more reasons why you should focus your marketing efforts on building your email list first — before social media.

#1 When you build your social media profile, you’re at the mercy of a third party company that you don’t control. One day Facebook might change their EdgeRank, and you’ll have to start paying to talk to your own fans (oh wait, that already happened). Another day, your account might get banned for no reason. Another day, another travesty. Do you really want someone else to control YOUR business? Put your best effort into a platform you control, your website.

#2 When you build your social media profile, you’ll be plagued with mediocre results forever. Here are some numbers: If I share a link with my 16,000 Facebook fans, I might get 200-300 hits… MAX. If I share a link with 16,000 email subscribers, I’m going to send AT LEAST 2,000 hits. Now, I know you can’t spend hits, but those hits are people. And the more people you can send to your website, the more money you can make. Period.

#3 Despite email not being sexy, it’s still the BEST way to keep in touch with YOUR ideal customers. Think about it. When people use social media, your business competes with close friends, party invites, and photographs. When you use email, your business competes with other businesses–and possibly coworkers who want your subscriber to do something they don’t want to do. I don’t know about you, but I would rather buy a new John Varvatos jacket from Gilt than another set of business cards.

How to Start Building An Email List

Now that you want an email list, the question is, how do you start BUILDING the email list?

#1 Three High-Converting Places to Add Email Signup Forms to Your Website

When you want to build your list, you’ve got to place email signup forms in the right places. Why? A form at the top of your site converts almost 5 times higher than a form on the bottom. Small changes–just like that—mean big results.

Where can you place them?

Try The Halpern Header

When you go to SocialTriggers.com, you’ll see a big box at the top of the page. A box that spans across the top of my content and sidebar. I call this the “Halpern Header.”

This box at the top converts amazingly well. Whether you’re running a blog or not, giving prime real-estate is a surefire way to start turning more of your visitors into leads (and customers).

You might think, “Well, won’t people get sick of seeing it?” And the answer is no. Why? Because once people get on your email list, they’ll rarely visit your homepage anymore. Instead they’ll follow your emails directly to content.

(Note: Even if you don’t run a blog, creating a Halpern Header works because it’s asking for an email in the most highly viewed part of your page)

The Top of your Sidebar

Most websites have sidebars, and yours is likely no different. Most people put an email signup form at the bottom of their sidebar, but they shouldn’t. An email signup form at the top converts almost twice as much as an email signup form at the bottom.

One note: You should put your email signup form ABOVE your social media profiles. As we talked about earlier, email crushes social media.

Try the bottom of your content pages

When a website visitor reads your content, and reads the entire thing, and they love your work (or at least like it enough to actually read it) Why not ask them to sign up right after the post ends?

It converts well, and it grabs a reader right when they’re feeling great about your work.

#2 How to Start Getting Traffic To Build Your Email List

Now that you’re ready to convert visitors into subscribers, the next thing you need is traffic. Traffic that converts.  And that’s where what I call “The Drafting Technique,” comes into play. Here’s the deal:

When you’re racing at high speeds, like with cars, there’s wind resistance that slows you down.

But you can eliminate that resistance by drafting, which is fancy for “get behind the guy in front of you.”

How? You see, the person in front breaks the wind resistance, and the people behind him can maintain their speed while expending less energy because they take advantage of the “slipstream.”

Now, like with racing, top bloggers also have a slipstream, or better yet, a “link slipstream.” What’s a “link slipstream?”

Bloggers (or journalists) have a history of linking to businesses, websites, or topics. It’s your job to find people who write about the same thing you’d like to be featured for. You do this by looking for people who wrote about competing products, competing companies, or even someone just like you.

As an example, back when I started Social Triggers, I looked at someone like Lewis Howes (a friend). I discovered he was landing interviews all over the place, and decided to try and get interviewed by the same people.

This works because the people already had a history–a link slipstream–of covering people like me so I knew I could land the same interviews.

See how that works? This is the exact strategy YOU can use to start doing this as well!

And that’s it!

You can start building your list TODAY.

Now that you know why you should build a list… and how to convert traffic into email subscribers… and how to get traffic… you’re all set.

How do you plan on using these strategies to grow your business? Leave a comment and share!

 Why You Need To Build An Email List, and Not a Social Media ProfileAbout the author: Derek Halpern is the founder of Social Triggers, a top marketing blog with 102,532 subscribers and a top marketing podcast on iTunes.

At Sign Aeroplane Shows Web Mailing Communication courtesy of Stuart Miles / www.freedigitalphotos.net

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Employee Time Tracking: Nothing Personal It’s Just Business

3093851614 5a429506f5 m Employee Time Tracking: Nothing Personal Its Just Business

Can they see me?

Guest Article

Tracking where and how your employees spend their time is critical, especially for service-oriented companies that bill per hour. It’s also important to understand what the overall productivity level is of your employees, especially those who work from home. It’s not that you don’t trust your employees, but when you measure something, people tend to be a lot more serious about it. Here are some ways to make the process of employee time tracking easier…

Keep an eye on employees even when you can’t see them.

There’s nothing like seeing employees hard at work only to realize they’re really just updating Facebook or Twitter. Keeping track of what employees are really doing while in the office or working remotely can be done with certain software tools.

Time tracking software is one of the easiest ways to guarantee that employees are actually working. The programs are often times fairly inexpensive, highly accurate, and worth every cent. Plus, employers get the added benefit of having all of the busy work of adding up hours and wages already completed for them thanks to the software. The biggest things to look for when thinking about purchasing a time clock software program is to make sure that it allows for unlimited employees, is easy to use, and has quality customer support.

I always feel like somebody’s watching me.

As with online time tracking software, monitoring software tracks everything employees do while using company computers. These programs can track every keystroke, block certain websites, prevent the downloading of certain files, and do just about anything employers need it to do. Reports are then generated so that employers can look at what employees have been doing.

This software improves productivity, prevents employees from either intentionally or unintentionally exposing confidential information, and keeps everyone in line. However, make sure employees know they are being monitored. Nobody wants to deal with an employee accusing the company of spying.

Keep tabs on telecommuters.

Many companies hire contract workers that either telecommute or report to the office rarely. This makes it difficult to know for sure if the hours they record were truly spent working. One way to circumvent the problem of hourly-billing is to make contract work a flat fee.

But service-oriented companies tend to have employees that work away from the office and bill by the hour. Trust is essential with these employees, but it’s not the only way to make sure they’re working.

Scheduling face-time using software programs such as Google Hangout, Google Chat or Skype, arranging for call-ins, or checking in with instant messaging helps provide the link between the home office and the traditional office.

If telecommuting employees use company-provided computers, then monitoring software should be installed to track their work as it would be if they were in the office.

3505022325 9de63958cc 300x225 Employee Time Tracking: Nothing Personal Its Just Business

Monitoring software prevents on-the-job cat naps.

What about employees who don’t use a computer for work?

Short of installing a microchip into the arm of employees that work remotely without a computer, it is almost impossible to tell how their time is spent. However, accountability goes a long way for these employees. Setting up goals and timelines for employees to reach ensures that they are working toward something.

Let them know you’ll be watching.

Using tracking software to monitor the work done by employees is the easiest way to keep track of their time spent working. Knowing that their activities are being monitored means employees are far less likely to devote time to non-work related activities… and Facebook will still be there once the work day is over.

Dana Rasmussen Employee Time Tracking: Nothing Personal Its Just Business

About the author:  Dana Rasmussen is a freelance author who writes about a variety of topics, including time tracking, vacation destinations, corporate jet travel, social media and trends in the work place.  

Photo attribution: www.flickr.com/photos/evilerin/3093851614
Photo attribution: www.flickr.com/photos/pangpang/3505022325

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