7 Resolutions For Your Small Business In 2017

New Year resolutions are not only limited to exercise, lifestyle goals, quitting cigarettes or alcohol. This New Year, you should try to make resolutions that will help your small business reach new heights.

Let’s take a look at a few New Year resolutions for the business world that you can use in 2017.

1. Figure Out How To Deal With Your Cash Flow More Successfully

This is an awesome resolution for small company proprietors who witness extreme fluctuations in their cash flow. It is also a good thing for small businesses that have not been able to make enough money to invest into the business, or for the individuals who don’t generally have an idea about the everyday finances of their company.

2. Find New Ways To Enhance Your Digital Presence

If you haven’t got your business website updated or upgraded for the past two years, then this is the right time to do it. This is the best time to make your business website mobile friendly. There are many businesses that still don’t have any type of web presence, so this New Year you must pledge to get a website or web presence for sure.

3. Go Social In Your Small Business

Have you been keeping social networking on the sidelines and not by any means beginning to check which social media platform is the best option for your business? Are you planning to start a blog for your business website, but don’t have any specific strategy or time for it? Try not to do all these things anymore and make a resolution that you will look into this area in 2017.

4. Be More Engaged And Productive

This is the ideal resolution for people who regularly sit idle on social networking websites or surrender to different distractions that gets them off-track, and then wind up thinking what they did the whole day because hardly any work is completed and the day ends.

5. Develop Your Team And Assign Effectively

If you have a lot of work, more than you can deal with and lack time to concentrate on developing your business, it’s an ideal opportunity to quit the unnecessary things in your company and begin acquiring others to get a move on. This resolution concentrates on building your team and figuring out how to assign successfully.

6. Improve As A Communicator

Misunderstandings among the employees on a frequent basis, lack of worker spirit and regularly sitting around idly dictating the same info again and again is an indication that you’re communicating inadequately. However, this resolution will help you concentrate on improving as a communicator in your company.

7. Get HR Software For Your Company

Haven’t thought about it yet, isn’t it? It’s not too late to get highly effective HR Software for your company. Small businesses often lack the budget to have a separate HR department in their company. However, with HR software you won’t need to have an HR department and you can focus on the main business of your company.

Small Business Web Development is The Need of The Hour

Without any doubt, small & medium companies are moving their channel from conventional marketing to web marketing. In case you possess an offline business, it does not matter how small, you can avail the various advantages of what online advertising could carry out for your business. There is a great deal of economically priced web programmers which could simply make your site to jumpstart your internet campaign. Small business web development is awfully significant, particularly in case you prefer extra revenue. Even other businesses begin their business enterprise online previous to moving to a brick and mortar shop. There is merely a great deal of prospective in electronic commerce. Here are a few advantages you could avail whilst you possess your own internet presence for your business.

Obtain novel clients

By placing your business over the internet, you could reach to a broader audience. You could obtain clients from all portions of the nation and even worldwide. Business site development doesn’t finish with making a website, you must be capable to promote your business, advertise it and typically obtain sales. A site could add reliability to your corporation, which is awfully significant in web branding.

Reasonably priced marketing

The internet is one of the most economical places where you could get ads. Not only it’s economically priced, it’s moreover efficient when the campaign is deliberately designed. Banner impressions as well as link advertisements can finish up pricing only some cents yet it could get a ton of traffic to your site and a great deal of prospective clients.

Seamless announcement

Another great thing concerning obtaining a small business website development is that you could possess a novel channel of communication where your clients could reach you swifter. You could be available by means of online chat, electronic mail & immediate messaging. This would provide better service for your clients by unlocking more lines for communication.

Be engaged in the community

As one with the community or your potential market is extremely significant in case you wish to magnetize more clients to your site. There is a great deal of ways to carry out this with current’s web technology. Further, your team could make blogs as well as forums which are incorporated within your site. You could moreover make numerous social media accounts such as LinkedIn as well as Facebook to obtain more people concerned with the goods or services which you sell.

Prior to your firm goes into any business web design endeavors, it’s significant to fix your objectives. Possess a team which could assist make a website as well as planned web advertising campaign for you to endure quick ROI and a steady stream of clients.

You can take help of a digital marketing company when it comes to small business web development. Typcially, they have a team of experts who can help you from start to finish.

Extra Cash For Your Small Business

As a small business owner, you may be thinking about the use of accounts receivable loans to get necessary funding for your business. You’ve probably already experienced the difficulties associated with getting the working capital you need to support the growth of your or to pay bills when you occasionally experience a lack of cash. There are many times when small businesses cannot secure traditional financing such as loans from the bank or a line of credit. When this happens, accounts receivable financing, sometimes called a business factoring loan, could be the tool that the small business owner needs.

What Is Account Receivable Factoring?

What is account receivable financing? This source of financing is sometimes known as factoring or called accounts receivable funding. The process involves the sale of outstanding receivables, or invoices, at a reduced value to a company that specializes in this form of financing. The factoring company basically takes responsibility for the risk associated with the receivables and in return provides the cash that you need for your business. In other words, if you have outstanding invoices for which you are waiting payment, you could sell those invoices to the financing company for a portion of the amount you’re expecting to receive. The upside is that you won’t have to wait for the money to trickle in; instead, you’ll receive the lump sum you need to continue operating on a regular basis.

The Amount of Money to Expect

The amount of funding you can expect will depend on the length of time that the invoice has gone unpaid. Any invoices that are older than 90 days probably won’t bring you any money. Current invoices are generally more valuable than those that have been due for a month or two. Late invoices represent more of a risk than current invoices. The factoring company realizes that the possibility of not getting paid for the late invoices is greater than for that of the current invoices. With the increased risk of losses for the financing company, you can expect to get less cash up front through accounts receivable loans.

The Benefits of Factoring

In addition to quick access to cash, you’ll enjoy several benefits when you access funds through accounts receivable financing. If your business is in the retail segment, you’ll often find that a bulk of your capital is tied up in inventory. Through this funding source, you’ll free up a significant amount of that capital, so that you can boost your inventory and maintain a steady rate of growth. You might find that securing this type of funding offers time savings. Instead of using valuable resources trying to track down unpaid invoices for the money you need, you’ll already have that funding and you’ll be in the position to focus on the operations of your business. Other benefits include the chance to get a lump sum without the use of collateral and the chance to retain ownership of your business.

How Would You Use Extra Money?

Could your business benefit from the use of accounts receivable loans? If you need access to credit to maintain your inventory, pay your employees or operate on a daily basis, consider the advantages of this form of financing. What could you do with some extra cash

Why Is It Important For Small Businesses To Go Online?

Going online or establishing a web presence is one of the important aspects most ignored by small businesses. Even in a developed country like the US, it is shocking to note that more than half of the small businesses do not have a business website, despite high penetration and usage of the Internet. Many industry experts opine that, it is ignorance among the small business owners regarding the benefits of small businesses that is making them stay away from such an effective method of business promotion.

This article discusses why small businesses should not overlook online market and how important it is for them to go online.

The down trend of traditional media

Gone are the days when people used to search phone books and newspapers to find businesses. Phone book listing has become less effective as very few people refer to them anymore. If you are still using the same old methods, your advertising expenditure is just going in vain.

Your prospects are looking for you on Internet

As per the latest estimates, nearly 2.27 billion people across the globe are using the Internet. With easy access to the Internet, using handy devices like smart phones, tablets, iPad, netbooks, etc., people find the Internet as a feasible media to shop from anywhere and at anytime. The statistical survey by Nielsen also reveals the same – almost half, 49.7%, of U.S. mobile subscribers own a smart phone. Further, a Google survey also revealed that 80% of the smart phone users use their phone for shopping and shopping related activities while 67% use them to do a product search. So, if you are not online, your business does not exist for these huge number of prospective customers.

Small businesses should go online –

  • To introduce business to the Internet users: Many small business owners assume that small businesses do not require a website. They believe that building and maintaining a website requires a lot of resources in terms of money, time, and effort. But, having a website is the best way to introduce their businesses to the Internet users. The cost of setting up a website, as they assume, is also not expensive. They can get a professionally designed website at affordable price. And the kind of exposure the website provides to a business is of much higher value than anything else.
  • To gain local as well as global exposure: Unlike traditional advertising, which confines your exposure to local markets, promotion on the Internet has no boundaries. You can serve local as well as the international audience using the same platform. You can advertise your product or service to potential global customers without having to go abroad. Further, it enables you to expand your business by establishing an e-commerce platform.
  • Because it is inexpensive: Marketing on the Internet for your small business does not entail costs as heavy as those do in traditional marketing methods. You can promote your business via popular search engines like Google, Bing and Yahoo. They charge minimal advertising prices. Different affordable Internet marketing methods like email marketing, pay per click campaigns, display advertising, social media marketing, etc. will help you become viral on the Internet.
  • Because promotion on Internet is flexible: Promotion on the Internet is convenient. You can update your advertisements or promotional campaigns based on the industry/market trends. You can include special offers/year-end sales, etc. or make changes to the descriptions of products/services, whenever you want. This is not only cost effective, but also enables you to reach your prospective client with the correct and most up-to-date information about your business.

Thus, considering these factors, small businesses should go online. It is easy and hassle free. If you are a newbie, it is sensible to take help of an expert Internet marketing company to make your Internet debut a big success.

Promoting Business Through B2B Portal

B2B marketplace is an amazing creation of internet technology. It has made trading activities virtual and effortless. It offers business directory which is a collection of buyers, sellers, product catalog, contact details, leads and prices relating to them. Trade transactions are made safe, economic and global in order to transact with international market players. A company, either being local or international, can advertise and market its products online. B2B portal is like a god’s gift to new emerging small scale companies who don’t possess that much capital to market their products. It helps to prop up their products with strong online marketing strategies.

Online B2B marketplace has a wide scope for promoting products. Manufacturers, suppliers, retailers and wholesalers used to register on it and get trade leads. Importers and exporters can also log on to these sites to get benefits of international marketing. Buyers can even post unlimited buy leads where as sellers can post sell leads on business directory. There are several marketplaces offering numerous business opportunities at free or affordable prices. It means that total sales cost reduces down to vary low which can be enjoyed by both the parties.

Along with being economic, it is very simple process as compared to physical movement of goods from one place to another for sales. Just by catering products details such as product name, category, features, price and discounts, one can simply market its products by staying at one place. You can even see your buyer details, get printed reports of sales and feel free about payments. With the help of secured payment options, you can be benefited from safe trade leads.
Companies access latest buy/sell leads, update their database accordingly and maintain inventory likewise. B2B trading furnishes users with strategic information, business deals, decision making, report generation and review, sharing knowledge and experience etc. It also provides an overview of market competition, current price information, forecasting about new product requirements, promotional strategies etc. through several market research. Portal also takes a review of market deals, quality and delivery of products/services, payments etc.

Indeed such portals are flexible and time saving devices to cope up with international marketing competitions. They provide business opportunities to deal with global market players without any restrictions of size and type of company or product. The complete process of product development from its production till deliverance can be managed by b2b marketplace because all mediators are available on it. Connecting and contacting with trade partners is possible for buyers and sellers by posting trade leads on trading portals. It is truly an awesome opportunity to promote your company and achieve success using B2B online trading portal!

Finances Being 'Stretched To The Max'

An increasing number of Britons have found themselves coming under financial strain, a new report has revealed.

In research released by Moneyfacts, there have been 125 rate and fee increases on credit cards over the last two months, a figure which Esther James, credit card analyst, claims is “quite staggering”. According to the price comparison website, 69 cards have increased their cash withdrawal fees, while some 25 products have seen rates on cash withdrawals surge, a move which could well impact upon consumers’ ability to service other areas of their finances, such as utility bills, mortgages and personal loans. The study also showed that three cards have seen purchase rates increase, while 18 products have been hit by higher foreign usage charges.

Commenting on the figures, Ms James said: “With the majority of increases staying away from the headline purchase rates, these fee and rate increases are less in the public view and often tucked away in lengthy terms and conditions. However they can still make a substantial increase to the cost of using your card.” In addition, she pointed out that with Christmas approaching, more people could be set to see their incomes being “stretched to the max”. And although she claimed that consumers may well consider turning towards their credit cards to help them access additional cash, making use of such a product could see borrowers “get stung by still higher rates and fees”. The analyst also warned that selecting the wrong type of credit cards could be a “costly mistake” for borrowers.

The Moneyfacts representative also pointed out that credit card customers should look to avoid withdrawing cash using the facility if at all possible, as the average interest rate attached to such a move stands at 23 per cent which is charged from the date the cash was taken out. In addition, Ms James stated that borrowers can expect to pay a fee of up to three per cent. As a result, the analyst reported that by making the minimum repayments on a withdrawal of 500 pounds, consumers would end up paying back the sum of 1,382 pounds and 70 pence – a figure which may well have an effect on their propensity to make payments on utility bills, personal loans and other financial demands.

Consequently, she advised: “Don’t just keep to the minimum repayments, take control of your debt and repay as much as you can afford each month. Doing so will knock years off your debt and save you a fortune in interest.”

However, for those looking for a competitive way in which to meet demands for payment on a number of credit cards, applying for a debt consolidation loan. By applying for a loan, borrowers may well find that they pay a lower rate of interest on their borrowing and are so able to pay off credit card debt with ease, leaving them with a higher rate of disposable income at the end of each month. However, earlier this year Tim Moss, head of loans and debt at moneysupermarket, warned those borrowers considering taking out a consolidation loan to avoid going back into the red as otherwise they could well find themselves under a “debt sentence”.

PPC Earn Info – Where to Search

PPC info can be found throughout the web. If you plan to begin a pay per click advertisement campaign, you need information. Where to advertise and how much to advertise is necessary information. You can find the PPC info you need throughout the web with ease. Let’s understand what PPC is first.

PPC or pay per click advertising is an effective way to advertise a website, a service or a product. By placing ads on search pages, you are encouraging visitors to get the information or the product they are looking for from a specific source. Like any other advertising, it only works if it is directed at the right audience, at the right time and in the right way. But, because individuals are heading to those search engines to locate specific items, you can count on hitting the right audience.

For example, if you need to search for a home based business idea, then you would head to your favorite search engine and input this. But, when you do this, the search results will come back with PPC advertisements. You can choose to find the item you need through these ads or through the websites generated by the search. In any case, being the advertiser is effective in that you will bring in considerable amounts of visitors quickly.
One issue that all new Pay per click search engine marketing users are unable to digest is the issue of fraudulent clicks that can jack up their bills. When you go in for a pay per click search engine marketing option you should gather as much information about that pay per click search engine marketing option as possible before you actually hand over any money. This will save you the frustration and embarrassment later. One thing that you need to remember is that the search engine marketer should have a fraudulent click grievance redresses system in place.

If you are thinking about Pay per click search engine marketing then the first thing that you need to do is decide when and where you are going to advertise. By “when” we mean in which season. By “where” we mean on which search engine marketing tool.

Everyone says that one of the easiest ways to earn easy money from home is through the internet. Yes, it is very easy to set up an internet business with little or no money upfront but questions abound. How do you get visitors to your site and how to get them to buy your products or click on your pay per click ads? Firstly, let’s take a look at how to earn money online. You can earn money online even if you have no product of your own. That means that there will be no inventory and logistic costs too. One of the ways to earn money online is to create a blog. Creating a blog is free. Then go and apply for Google AdSense and Google will put advertisements on your blog. When visitors at your blog click on your ads, Google will pay you a commission and you can actually receive monthly payments from Google. Now, in order for people to come to your blog and then to click on your advertisements, your blog must be found. The best way for your blog to be found is through the search engines because every day, there are millions if not billions of searches done on the internet. What is more, if your site can be found on the internet, then you are getting visitors and potential customers to your blog for free. The problem is that there are billions blogs and websites out there and people normally don’t look beyond the second page of search engine results. In other words, if your blog do not make it to the first two pages of any search results, it will probably not be found and your dream

To find PPC info, look to the web’s search engines. The larger the engine is, the more costly it is to use this method of advertising. Also, the keywords used also determine the cost as well. Nevertheless, it can be an excellent way to generate clicks to a website. Look to the search engine for the PPC info you need to get started.

There are also many information portals now devoted to the subject and we recommend reading about it at one of these. Try Googling for “PPC” and you will be surprised by the abundance of information on the subject. Alternatively you may try looking on Yahoo, MSN or even a decent directory site, all are good sources of this information.

Straightforward Information About Vendor Finance

Many people out there want to start their own business, but the start up costs hold them back. Many banks and other lending institutions have tightened the reigns in today’s economy. As a result they are less likely to take a risk and help you with the funding for such ventures. A possible solution though is the concept of vendor financing. Learning what it is and how it can help you will give you the information you need to decide if it is worth pursuing further or not.

Even with great credit, many traditional lenders turn away hundreds of applications for loans every month. That can be frustrating and you may be tired of being denied. You may have put plenty of time and effort into your business plan and still you aren’t able to get results. With vendor financing though they are willing to look at what you can do instead of what you can’t do with a new business.

Vendor financing allows you to get the funds you need to start up your business from the provider of the supplier. For example if you want to start a vending machine business they can offer you financing for the soda machines, snack machines, or a combination of them. They may even be able to help you with securing great locations for placing them. With vendor finance you will agree to pay monthly payments for the equipment and supplies.

The number of payments and the dollar amount of them will depend on what you are purchasing. Most of the time you will get decent payments and interest rates with vendor financing. It is a good idea to compare the offers you can get from different companies before you decide to work with one of them. That way you can be sure you get the most value for the money you will spend.

With vendor finance options, you often have the ability to get 100% of what you need financed. This is very different from small business loans where you will have to have a large amount of it on your own to offer upfront. The difference means you can start moving forward with your ideas for a business now instead of waiting several years to save up enough to get your portion of it ready.

There are vendor financing options offered for many different locations in the world. They include the United States, Canada, Asia, Australia, Europe, and New Zealand. More opportunities seem to be added all the time too. Find out what your options are for vendor finance depending on where you reside. Chances are there is more to the big picture than you are currently aware of right now.

You will find plenty of types of businesses out there that can benefit from vendor financing options. They include healthcare, construction, offices, printing companies, food sales, transportation, and more. If you have an interest in taking part in such a business, then this method of financing may be exactly what you need. The lenders will look at many aspects of what you have to offer when considering your request. They have more flexibility too than traditional lenders.

Now that you have the basic information about vendor finance, you may have decided it is something for you to pursue. Take your time to find the right type of business to take part in. Carefully evaluate all of the options available to you. While there are many legitimate vendor finance programs, not all of them are. You definitely don’t want to find yourself involved in a situation where you have been taken advantage of.

5 Practical Business Skills No One Talks About

The big secret, though, is that some of these business skills are “soft skills”. Consequently, they are not taught in any school, nor are they necessarily mentioned on the job. But you are in luck because we have compiled the top five soft and practical business skills that you need to have to get ahead.

1. The Ability to ‘Schmooze’

Extroverts (or introverts who can “turn it on”) have it made in the workplace. They frequently strike up conversations, positioning themselves as the “go to” people for a good laugh, a great talk or just some daily banter.

One word of caution: The ability to schmooze does not mean gossiping. The best conversationalists know when to stop short of becoming a cog in the rumor wheel. Keep it light and colleagues will flock to you.

2. A High Degree of Listening Skills

There is an old saying that suggests the fact that we were given two ears and one mouth is a reminder that listening is doubly as important as talking. Smart business men and women know this is the case, and stay quiet when others are putting forth information. In the end, this helps them know more about their company and coworkers than they might otherwise.

If you have difficulty with this particular business skill, make an effort to practice it on a daily basis. In time, it will become second nature and you will see the benefits.

3. A Pleasant Demeanor and Appealing Appearance

We all know it’s true: When you look good and feel good, people want to be around you. It is just the way the world is. Call it judgmental if you wish, but it is reality. Thus, it is in your best business interest to ensure that you put forth a pleasing appearance and demeanor.

What does this equate to doing? Iron your shirts, polish your shoes, and brush your teeth after lunch, etc. These are all methods of making certain that you are seen as someone who takes care of him or herself in the workplace.

4. Possess a vast Knowledge of Things Outside Your Business Focus

A well-rounded individual is typically a respected one. If you have been a one-note-wonder, you have been denying yourself success in the business world. Most truly successful men and women have interests outside their jobs.

This may mean becoming less of a workaholic. Surprisingly, workaholics do not always get the promotions. Again, this is because they are usually not very interesting to be around. Sure, they know their particular piece of the pie, but they are not aware of other things, such as politics, culture and more. The wider your interests, the more you can talk about with any one of your peers on any given day!

5. A Sense of Humor

Finally, it is critical for all persons in the workplace to develop or hone a sense of humor. This is a business skill (or perhaps “business asset” is a better moniker) that, like the others, is intangible. But it is also essential if you want to be able to handle any situation.

Remember that this does not mean you laugh off serious issues; there is definitely a time and place to be firm. However, if you cannot enjoy a chuckle on a regular basis, you are missing opportunities to advance your career as far as possible.

Three Ways to Overcome Your Credit Card Problem

It never hurts to be cautious, especially when dealing with your financial condition. We work hard to earn money every month and you certainly want to make sure that the expenditure and income can go well, right?

Well, what’s more, in contemporary times, the use of credit cards are like money running that can be swiped at any time when you want to shop. Prudence in this section include the value of the use of your credit card. Want to solve the problem? There are three ways that you can do in order to restrain and control the use of credit cards that are not excessive.

Closing credit card
You may think it is the best way to no longer rely on credit cards as a means of transaction. However, by closing one of your credit cards, on the contrary, it can improve the utilization of other credit cards. So, how good is to reduce the limit on your credit card.

Do not use credit cards
Again, you may think you have done the right thing by not using credit cards at all. Instead, if you do not use them, shaped charge card dues still have to pay. Therefore, you must know the priorities for the use of credit cards is correct, the credit card used when absolutely necessary, do not use just a little to buy groceries, then pay off the bill in full, do not just pay the minimum bill.

Plan of buying a “gadget” new
Normally, sales of gadgets always have a promo with the use of credit cards. However, before deciding and not be tempted to buy based on the promo, it would be nice if you actually look at the percentage of mortgage provided by the credit card promo. Therefore, despite the promo shown zero per cent, which will bill you receive may not match that offer. Therefore, carefully beforehand and know clearly before you decide to buy the latest gadget.

Avoid making these mistakes to keep the stability of your credit card bill.