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20
October
Kristin Edwards
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Did you finance your startup using money from your personal savings? How about your personal credit cards? Or did you end up borrowing some money from friends or family members? < ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

No matter what way you chose to get the cash needed to launch your business you’re not the only one. M

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19
October
Admin
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Trade shows and events for parents of children are popular and getting the word out about your company can be simple through personalized baby promotional gift itemsthat can be distributed at the show.

What types of promotional baby items are most popular? Some common items include everyday items that parents are going to use, including baby bottles, snack containers and soothers. These items are going to likely be used on a regular basis by the parents and can therefore allow the parent

With the growing trend of green items that are being used through parenting, the nursery and even the toys and items that children are being exposed to – more and more companies are choosing to give parents green or eco-friendly items as giveaways to create brand recognition. E Read more…

19
October
Brandon Bailey
Comments

A uniquely named barber shop in Brighton has been named the “punniest” business in the country.

Barber Blacksheep was chosen as the business with the best pun-related name in the UK.

The Kemp Town business beat shoe shop R.Soles and restaurant Jamaican Me Hungry to claim the top spot.

Catharine Wehrle, the owner of Barber Blacksheep, said: “We believe that the salon got its name from the previous owner’s nephew, who was forever singing the nursery rhyme. I had been looking for a quirky business for some time, and with a name like Barber Blacksheep, the salon was perfect.

“People comment on the name all the time and we often get people coming in just because the name has brought a smile to their face.

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Tags: Barber Shop, Name
18
October
Ryan Rogers
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It must be heart-breaking to see your $35 million home be sold for just $3 million. Former CEO Stephen C. Hilbert and his wife Tomisue lost their home to CNO Financial, formerly known as Conseco, in order to make up for outstanding debts with the company. The lavish French country estate had been for sale for over five years. The sluggish economy make high-end luxury homes very difficult to sell.

The home, called Le Chateau Renaissance, is a French-style country estate that covers 25,000 square feet and boasts and aditionall 15,000-sqare-foot sports facility complete with swimming pools, a waterfall, pool house and a beautifully manicured landscape. It is one of the most well-known residences in the state.

The new buyers are Forrest and Charlotte Lucas (think Lucas Oil and Lucas Oil Stadium – home of the Colts). T

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18
October
Kristin Edwards
Comments

Social media has widely been publicized as a great marketing tool to end-consumers. The ability to share information with customers and create “buzz” can indeed be productive. The viral aspect of social media is also great toward public relations and publicity with the general public. However, how can it benefit a small business who markets to B2B customers?

Use it To Pose Questions

Your B2B customers have certain needs, and they also are full of opinions. Use social media like Facebook or Twitter to pose questions to help your business grow. Ask whether a new product in development is a good idea. Ask for suggestions to improve current products. Ask what your B2B customers think of a certain news story or new industry trend.

Make Instructional Videos

YouTube can be a powerful marketing tool for small businesses who sell B2B. Using proper video techniques, a short video may be produced and uploaded that shows how a product works in a business setting, or how a product is manufactured using “green” technology. Videos may also show customer testimonials and how your product solved their problem.

Indeed, video is powerful tool. Be creative and think of ways it can work for you on social media.

Promote Your Internal Structure

B2B customers, more than end-user consumers, want to know more about a company before they buy from them. For instance, a personal relationship with an owner or salesperson can be a big factor in making a large contract decision.

Utilize social media such as Facebook or LinkedIn to highlight your executives and managers. Give some background on their experience and hobbies. This can be a great way to help a potential B2B customer feel closer to your company.

Retweets

Social sites like Twitter and Facebook allow you to “retweet” or share a certain post from another account member. Use these opportunities to retweet something of value posted by your B2B customers. It will help them know you are thinking of them and value their opinion.

Social networking can certainly help your business grow and provides the ripe ground for B2B interaction.

16
October
Kristin Edwards
Comments

 

So, let’s take a look at the seven early warning signs that your business may be headed for credit problems.

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  1. Paying Invoices Beyond  Terms                                                                                                                                                                                                                                                              This is a strong indicator that your company may be experiencing financial difficulty. While paying 7 days past the due date is pretty standard in the industry anything beyond that can have a negative impact on your credit files and scores. Avoid paying your invoices late at all costs and better yet pay them ten days prior to the due date for an even stronger credit rating.
  2. Higher Debt to Credit Utilization                                                                     

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15
October
Ryan Rogers
Comments

Personally, I very much doubt you can actually make millions in real estate “overnight,” but I just wanted to catch your attention.

Certainly, we all know that many so-called real estate “Gurus” have made a lot of money -maybe not quite overnight- and not in real estate per se, but in selling books to the gullible readers that believe that there is a quick and easy way to vast wealth through real estate.

Real estate investments can be a source of considerable wealth to some, and the road to financial ruin for others. It all depends on the investor. Basical

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15
October
Kristin Edwards
Comments

Bank of America has announced it will hire over 1,000 small business bankers by early 2012. This is good news not only for the employees that will be hired, but also for the firms that will secure financing through this initiative.

The bank says it has already extended over $45.4 billion in credit to small and medium-sized companies in the first half of 2010, and “is expected to meet or exceed its pledge to increase lending to those businesses by $5 billion in 2010.”  Bank of America also invests heavily in Community Development Financial Institutions (CDFIs) which promote access to capital and local economic growth in urban and rural low-income communities across the nation.

According to the Small Business Administration, small firms accounted for 65 percent (or 9.8 million) of the 15 million net new jobs created between 1993 and 2009. The O

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15
October
Kristin Edwards
Comments

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