The Grass is Greener for Eco-Friendly Business Ventures In The Next Decade

Green is more than just a fad--it's a paradigm shift that's changing how we live today, and how we will live tomorrow. A "green" business plan draws on natural resources sustainably, developing products and services in harmony with the environment. Here are five business ventures that would leave a small carbon footprint--but make a big impact on the market.

Bamboo Fashion Boutique
The market for green fashion is growing faster than...well, bamboo. Bamboo is revolutionizing fashion as a sturdy and sustainable fiber for clothing. The plant can grow several feet a day, and is ready to harvest within three to five years. Customers like bamboo because it is soft, inexpensive, and socially responsible. Mother Nature likes it because the robust, hypoallergenic weed can be produced without chemical fertilizers or antimicrobial treatments. Tap into the bamboo boom by opening a green fashion boutique. Capture window shoppers with a Main Street shop, or tap into the worldwide market with a Web storefront. Web Designers can help you build a Web site armed with online credit card processing capabilities.

Green Housecleaning
Cleanliness is next to godliness--assuming you trade the caustic chemicals for eco-friendly cleaning products. Homeowners are willing to pay a premium for housecleaners who leave the environment unharmed and the toxins out of their home. Your green housecleaning service can offer total tender loving care (TLC) to your client's home and the environment. To go the extra mile, offer houseplant maintenance services--plants clean the air of carbon dioxide and emit oxygen. Logistics are the number one challenge in running a housecleaning business. Keep your cleaning staff coordinated and your customers happy by investing in a call center to answer calls and schedule weekly appointments.

Eco-Marketing Consulting
As green fever sweeps the market, businesses are scrambling to publicize their commitment to sustainable business practices. Entire brands are built on green values--Whole Foods, Patagonia, and Ben & Jerry's ice cream, to name a few. Today's businesses need a capable marketing specialist to manage their eco-friendly image. Internet advertising offers a zero-impact means of getting the word out without killing trees. Internet Marketing companies can help you with search engine optimization and pay-per-click (PPC) campaigns. For a full eco-marketing service, offer environmental certification management consulting. Certified Organic, Energy Star, and Leadership in Energy and Environmental Design (LEED) are some of the high-profile certifications that can make or break a green brand.


Paperless Office Consultant
From medical clinics to law firms, businesses are afloat in paperwork. Efficiency and, in the case of health care, government regulation, demands a transition to digital records. Apply your project management and IT skills to help businesses go paperless. Depending on your experience profile, your consulting business may specialize in IT consulting, data processing, medical billing, creating electronic health records, or another field of expertise.To get your start, establish a credible Web site by hiring a web design firm that will help you with building an online presence and advertising your services and if necessary, take on a pro bono project to build your reputation.

Green Bike Shop
Highway gridlock and air quality concerns are driving more and more motorists off the road and onto alternative vehicles such as bicycles. Yet most bicycle stores cater to Spandex-clad athletes with racing and mountain biking frames unsuited to the urban commute.Your urban commute shop meets the need for business-suit-friendly transportation options. A selection of European bicycles with chain guards and Vespa scooters will help commuters get to their destination in style. For riders who put utility first, custom-build sturdy bikes with cargo baskets, coolers, and trailers. With bikes and scooters like these, customers will never miss their gas-guzzling SUV. Online Marketing is a great way to get the word out about your services. A locally-focused PPC campaign can also help establish you as your town's cycling guru.

By building an eco-friendly business, you're helping build a better future--and tapping into a vast emerging market. You can use online business networking sites to network with Green Entrepreneurs, Venture Capitalists and Industry Experts to build your green business venture for the next decade.

How Obama's Plans Can Benefit Your Small Business

Can your small business beat the recession? Yes you can! Powerful words, coming from Barack Obama. And with his Plan, Barack Obama puts his administration's money where his mouth is such as new incentives for small businesses, which account for two-thirds of the nation's work force. He proposed a new tax cut for small businesses that hire in 2010 and an elimination for one year of the capital gains tax on profits from small-business investments.


Obama also proposed an elimination of fees on loans to small businesses, coupled with federal guarantees of those loans through the end of next year. His proposal for new tax breaks for energy-efficient retrofits in homes is modeled on the now-expired Cash for Clunkers rebates for trading in used vehicles for more fuel-efficient vehicles. Some administration officials have dubbed the proposed new program "Cash for Caulkers."

Here's how these initiatives will affect your business in the coming years.
1. Tax Cuts will come as music to the ears of small business owners looking to squeeze as much as they can from every dollar. Barack Obama intends to cut taxes for small businesses earning less than $250,000 after expenses. Self-employed filers such as freelance consultants can also count on a break from Uncle Sam. And to reward innovative companies, the Obama administration plans to exempt startups from paying the capital gains tax.
These tax incentives are designed to encourage entrepreneurship, which will be the key to this nation's economic recovery. Reinvest your tax savings in your business, and you might find new sources of revenue. E-commerce is one angle to consider. If you're not offering your products and services online, you're missing out on a world of market opportunities. Setting up your storefront is easier than you think—compare service providers that offer solutions such as e-commerce and credit card processing functions.
2. Elimination of Small Business Loan Fees could make the credit crunch a distant memory for small businesses. Obama intends to put five billion dollars toward a Disaster Loan Program administered by the Small Business Administration (SBA.) These loans offer a deal that can't be beat on the open market: interest rates capped at four percent and thirty-year repayment terms.
The SBA's loan program targets main street instead of wall street. The small business loan program makes more funds available to support everything from daily operations to capital improvements. Use the money to stock your inventory, revamp your web site design, or buy a new pos system.
3. Fair Trade policies will help to level the playing field for U.S. small businesses struggling to compete with companies sourcing from abroad. Obama plans to increase environmental and labor protections, raising the standards by which goods are produced internationally. Once everyone has to pay a fair wage and uphold environmental safety standards, U.S. small businesses may see the gap between their production costs and offshore companies' costs begin to narrow.
Global business is a fact of economic life, even for local small businesses. Establishing an internet presence can help your business compete abroad too. New startup businesses such as tradeseam offer business services such as sales lead generation, business networking and advertising to help you get noticed on the world wide web.
4. Health Care Expenses may lose their standing as the #1 burden for small businesses. The president-elect promises to implement measures such as a fifty percent tax credit to offset rising health care premium costs. Adding this carrot allows Obama to remove the stick: small businesses will no longer be required to provide health care benefits.
Saving on health care can help your small business invest in essential overhead costs such as call center, phone systems, and more.
Barack Obama's policies could give your small business a new lease on life, freeing up much-needed capital for overhead costs, product development, R&D, and marketing.

Five Startup Ideas to Help Others Beat a Tough Job Market

The job market hasn't been this crowded for over 26 years. An estimated 10.2 percent of the U.S. population is unemployed. The U.S. workforce has seen 15.7 million jobs vanish since the start of the recession in November 2008. In this environment, many job seekers are looking to support services to give them a competitive edge. Answer their call by parlaying your skills into a business helping others get hired.
The following small businesses draw strength from a competitive job market, providing a lifeline of professional support services to job seekers.

1. Career Coach
Help people discover the color of their parachute by setting up a private practice as a career coach. Unlike personal counselors, career advisors are not licensed by an outside body. The only credentials you need to hang your shingle as a career coach are a positive attitude and access to an arsenal of career assessment tools. If you have a background in human resources or professional counseling, so much the better. Some career coaches possess intimate knowledge of a particular industry such as law, and specialize in helping clients find their place in this universe.

Professional and Business Networking is critical to a thriving career coach practice. Team up with corporate recruiters, institutions such as universities, business networking sites such as LinkedIn, Tradeseam, and counselors as a valuable source of client referrals. To create a buzz for your services online, construct a well-designed Web site with the help of a website design and SEO specialist. A career advice blog can also help draw attention to your coaching service.

2. Temporary Staffing
Recession is boom time for the staffing industry, as businesses rely on temp agencies for greater flexibility. According to the National Association of Personnel Services, temporary staffing agencies have emerged as a "full-fledged human resources business partner to corporate America." The industry has averaged a steady ten percent annual growth for the past seven years.

As the administrator of a temporary staffing agency, you handle recruiting, placement, and benefits. In exchange, you charge a premium over the hired employee's base wage. Temporary staffing agencies require little overhead and due to their regional focus, can compete effectively with the industry's titans. It's possible to fund an agency startup on a shoestring budget of several thousand dollars. You'll need a small office, a computer system with accounting and database capabilities, and a Web presence. Credit Card Processing and E-commerce services can help you get the ball rolling at minimal cost.

3. Graphic Design
Job seekers depend on a couple of self-marketing tools to land a job: an effective resume, a cover letter, a portfolio, and increasingly, a personal Web site. Your freelance graphic design business can help go-getters develop visuals that get noticed in today's competitive marketplace.

Graphic designers need little overhead funding to set up shop. Word of mouth and an Internet presence are the keys to building a client base. To make the most of your online storefront, consult a search engine optimization expert for specific keyword and web design strategy advice.

4. Career Skills Training
Employers with their pick of qualified candidates can demand on advanced, up-to-date technical skill set. Help prospective employees get up to speed and back in the race by setting up a specialized training institute. You may draw on your own technical skills to develop a niche curriculum. Or hire experts to pass on their trade to a new generation.

Startup requirements will depend on how you decide to deliver career training to students. For a traditional classroom approach, look for real estate and equipment leasing. Or opt for an online approach, investing in an e-learning module to deliver lectures and host class discussions.

5. E-commerce Support Services
Help out-of-work professionals help themselves. This business-to-business e-commerce support venture allows you to partner with an entrepreneur who has a great business idea or product, but lacks the skills to bring it to market.

To launch a business in e-commerce support solutions, draw on your experience and outsource other functions to external experts. For example, you might want to focus on the business side, developing strategies and proposals to attract investor interest. Contract the technical logistics to an independent expert, and you have a full-service e-commerce support solution. Medical Billing, Telemarketing, Call Center, Web design, SEO, and/or pay per click management are good candidates for outsourcing.

The rising unemployment rate indicates the need for a new type of business--support services for job seekers. Your skills and experience could offer the unemployed the resources they need to get back on their feet. Business ventures specializing in career counseling, training, placement, and self-presentation extend a crucial lifeline to displaced workers, helping them evolve with the changing times.

Top New Year’s Resolutions for 2010

The confetti's cleaned up and you're back to business. Will this be the year that your company grows to the next level? Or will you be content to grind out another year waiting for the phone to ring? According to small business experts from across the country, the first quarter of a new year offers tremendous potential for small business owners and entrepreneurs willing to make changes.

Resolution #1: Help Your Customers Find You Online
If 56k modem speeds seemed fast the last time you updated your company's web site, it's time for an overhaul. Likewise, if your web design only looks right on a single web browser, consider opening up your online presence to the whole world. Inexpensive Website design services can help you craft an online experience that works just as well on mobile phones as on desktop computers. Using text effectively can improve your ranking on major search engines. Search Engine Marketing campaigns are trackable ads that can bring new customers to you online, and you can use internet marketing or SEM to make sure your advertising money is spent wisely. SEO services can help customers reach you by having your website appear higher in top search engines such as Google, Yahoo and Bing. Sign up on Tradeseam to receieve qualified sales leads for your business.

Resolution #2: Communicate More Clearly, and More Often
Many business experts caution entrepreneurs to spend less time talking and more time listening. Instead of crowing about your latest ideas, use every tool at your disposal to listen to employees, customers, and partners. Web designers can easily implement customer feedback forms into Web sites that highlight common ideas and themes. E-commerce solutions and point of sale (POS) software tools can integrate customer surveys into receipts. Using online social media, such as Twitter, Facebook, TradeSeam or Get Satisfaction, to respond to sales leads, inquiries and complaints shows that you really care about customer concerns.

Resolution #3: Make It Easier for Customers to Make Payments
Tightening up on receivables can make a big difference to your company. Online credit card processing solutions let customers use their own plastic online as an alternative to having to physically visit your store to make a purchase. Many e-commerce solutions for small businesses now offer invoicing tools in addition to traditional shopping carts. E-mailing customer invoices not only saves stamps, it can also result in faster turnaround time for scheduled payments. Many credit card processing services will even automate regular transactions such as subscriptions or contract payments.

Resolution #4: Organize Your Inventory To Reduce Waste and End of Year Write Offs
For retail stores, spoilage, shrinkage, and shoplifting pose three of the biggest threats to profits. Even online retailers must think about stock levels, sometimes at multiple storage locations. Inexpensive POS and inventory management solutions can help you and your team stay informed about what you can sell. Auto-replenishment modules can alert your vendors when you're low on stock. And sophisticated e-commerce solutions can integrate with in-store registers for seamless customer experiences.

Resolution #5: Hire Great Talent To Grow Your Business
Small business owners are probably more sensitive to recessions than anyone else. However, guiding your company through troubled economic times can give you a greater strength than you might realize. As a successful business, you can use this time to recruit some of the greatest minds from less fortunate companies. Ask your Website designer to integrate a "careers" page into your Web site, so you can more easily catalog prospective applicants. Building a strong team during a weak economy can help you thrive during the next bull market.

Resolution #6: Don't Wait For 2012 For Your Next Resolutions
The very best companies don't wait for the ball to drop in Times Square before thinking about how they can improve. Charting your progress on a quarterly, monthly, or weekly basis can help you make smarter short-term business decisions. Instead of forcing yourself to make sweeping changes at the start of the new year, you can focus on smaller tweaks that keep you focused on your business.

SEO Is Critical For Every Small Business This Holiday Season

Establishing an Online presence is not simply a matter of creating a website.  Without a strategy to drive traffic to your website, your business will get lost in today's world wide web of websites. Search engine optimization can take your business out of the wilderness and put it on the Internet's Main Street.

The classic criteria for a successful business is still location, location, and location. On the world wide web, the optimal location for a business is appearing on the first page on Google's search engine results pages (SERPs). Getting there is not as simple as paying for an expensive lease, search engines use a complex algorithm to determine which websites are most relevant to the user's search and which site is most worthy of appearing on the coveted first page.

Search Engine Optimization (SEO) Strategies

The good news: your business' web presence is not entirely at the mercy of the Google gods. SEO experts have developed a set of White Hat SEO best practices for ensuring a site's visibility to the search engine. Optimizing a site for search entails good website design and content to achieve greater relevance to a user's search term, as defined by the Google's search engine. Some of the factors that Google use to define a web site's rank include:

1. Site structure 

2. Keyword density or frequency

3. Title and Description Meta tags

4. Inbound links


White Hat SEO Services

In order to keep pace with increasingly sophisticated search engine algorithms, search engine optimization has evolved into a complex art form. White Hat SEO services help you optimize your website by targeting the most relevant search terms and optimizing the site to convert the traffic landing on your site based on those terms.

White Hat SEO services typically involve:

1.   Keyword Mining. It's not always clear which keywords and phrases are most likely to lead customers to a particular site and convert for your business. SEO experts have the technical tools and the experience to identify the optimal keywords on which to base a client's online marketing strategy.

2.   Website Optimization. An SEO service can help you  reconfigure the content on your website to help focus on the targeted keywords and phrases that will convert on your wbesite.

3.   Link Building. Recruiting other websites to link to a client site boosts search engine rankings. In addition, SEO companies produce content such as press releases and articles, and place content on other sites to help your website rank higher in Google.

Search engine optimization should be a critical component of your online strategy as without SEO your investment in your web design may be a complete waste as your website would never be found by your potential customers.

Beat The Recession By Filling Your Sales Pipeline With Sales Leads

SIn order to survive in the business world, you have to make every effort to maximize your sales. A sales lead is the identity of a potential customer who has shown interest in your products or services. In order to increase your business, you need to take several steps to increase the number of qualified sales leads especially if you are a small business owner or entrepreneur.

The following sales lead generation tips are helpful in this regard.

You need to have an attractive website design to represent your company on the internet. Alternatively you can also tie up with a business network site and create your business profile on it. You can use this profile to invite and connect to your past and present business contacts and concentrate on those contacts where a mutually trustworthy relationship already exists. This will also help you to advertise your products, and provide information about their suitability, advantages, and benefits so that the visitors can connect with you and become important business sales leads. This will also help you to find products and services that your business might need.

The next important step is to cooperate and tie up with other e-business owners who sell complimentary products and services and have a wide customer base. Their sites would be attracting various b2b leads. With a tie up with them you can widen your reach and get more sales leads. This collaboration will also enable the parent business owner to cross-sell your products and services to their customers and you can cross sell their products. Such business relationships can boost your business. You can take advantage of the credibility of the parent business and building credibility with clients and suppliers.

On the parent website, you can place informative articles that would give insight into your expertise. These can be in the form of informative content on your area of operation, pointers to your previous articles and articles written by others that quote you. You can also show your expertise by answering questions that are posted on that site and share your knowledge. When you communicate with your clients and suppliers you should create an email signature that incorporates the link to the original site’s business profile. You can also share the profile page of your business on major search engine sites such as Google and Twitter. This will automatically increase your business leads and help your business grow.

The other steps that you can take to enhance qualified sales leads is to get in touch with your previous clients and request them to recommend your products and services to the people they know. These clients know the value of your products and are the best people to promote your offerings and create more sales leads. In order to boost sales leads, you must have determination and perseverance. You should also engage in hosting free teleseminars, video marketing, forum posting, writing more articles and blogs, and social media marketing.

It is important to generate a steady flow of qualified leads to keep your business afloat. If you can form an idea of who might be interested in buying your products, you have begun well. And well begun is half done.

Starting an Online Business

Even with the ongoing recession, building a business online remains a viable approach for any new start-up. Why? Well, while even online retailers are feeling the pinch of a tight economy, they are also expected to pick up market share at the expense of traditional retailers during this downturn. So, an online approach is both more sustainable during a slowdown and a way to get more out of the next economic recovery.
According to a recent study of 217 online retailers, most expect growth to slow over the next year, and most are seeing the recession impact their bottom lines. However, 80 percent of the survey respondents see online retailing as better equipped than traditional retailing for countering the effects of the recession. This is why online retailers should continue to take market share from more traditional competitors.

However, that does not mean that all online businesses will succeed. There are some fundamental steps that will help an online business get off the ground more smoothly.

1. Market Research to Identify Deamnd For Your Products and Services. Market research should help you determine several quantitative facts about your potential market, including overall size, demographic makeup, growth rate, and income level. These facts can serve as an initial reality check on your business plan, as well as help you make initial projections about the scope of your business. Beyond the quantitative benefits though, some fundamental market research should help you form a mental picture of your typical customer. This mental picture can subsequently inform a variety of other business choices, from web site design and development elements, to where to promote your site, to what range of related products or services to offer.

2. Competitive Analysis to Understand Your Competition. Your market may look attractive in isolation, but next you need to assess the competition. Who are the market leaders, and what are their strengths and vulnerabilities? Who are the new entrants into the market, and which ones are picking up market share? Knowing your competition will help you determine where you fit into the marketplace, and this in turn will influence your product, promotion, and pricing strategies.

3. Back-Office Infrastructure to Process Payments. This is a key. For one thing, an online business relies on a technology infrastructure that is affordable and yet will stand up to spikes in volume due to seasonality or successful promotions. Then there are key details such as credit card processing -- things that make the buying process as seamless as possible. For most start-up businesses, basic infrastructure issues such as the technology platform and credit card processing are outside their primary areas of expertise, so outsourcing solutions should be considered. Always compare credit card processing prices before you select the one that best fts your business needs.

4. Attractive Website to Increase Traffic and Conversions. Now you can think about setting up shop. That's precisely how you want to think about Web design--it is your place of business. The look and navigation of that Web site help you project an image to your customers. Are you hip, or are you traditional? Are you complex, or easy to access? Different positioning calls for different images, but there are two universal rules to website design: don't look amateurish, and don't make it difficult for visitors to make a purchase. This is another area where outside, specialized help can make a big difference, as opposed to spending time on something beyond your reason for being in business.Compare Web Design Prices to select the one that best meets your needs.

5. Use Internet Marketing and SEO to Promote Your Web Site. An online business should focus its promotional strategies on capturing an online audience. This means some non-traditional promotional strategies, such as search engine optimization (SEO) and internet marketing. SEO helps associate your product or service with Internet searches on related topics. Internet Marketing allows you to pay for Internet advertising according to the amount of activity it generates, and to monitor the results of that activity. Because the Internet is still a relatively new business medium, promotional techniques and consumer behaviors are changing rapidly. Fortunately, there are internet marketing specialists who can help you stay abreast of evolving strategies in Internet marketing. Use an online service to find and compare SEO prices and internet marketing price quotes.

Conclusion

Overall, there are two major principles to apply when starting an online business:

1. Your business plan should represent a combination of traditional business methods and techniques specific to the online medium

2. You should identify the tasks where your organization can add value, and outsource functions outside your primary expertise.

Applying these principles using the steps described above, should help you get your online business off to a successful start.

Path To Early Retirement For Under $5K

As 68 million American baby boomers start to retire, they are redefining what retirement means. For many, it doesn't mean they've stopped working, but rather that they are exercising more choice over how they work. According to a 2009 survey, some 67 percent of people who chose to engage in some form of work found it to be satisfying, and in three out of five cases, they were able to find jobs for what are known as "encore careers."

Picking the perfect second act for your career can involve trying an industry or a field that's always interested you, helping out with a cause that you believe in, or getting a chance to run your own business.

If it's running your own business that appeals to you, chances are you don't want to invest a large chunk of your retirement savings into a new business venture at this point. Therefore, the key is getting started with minimal  up front investment. This is very possible these days, depending on how you set up your business, and what type of business you choose to go into.

Getting Started on a Shoestring Budget

To start a business with relatively little up front capital, the key is to minimize fixed costs. Variable costs--expenses of the pay-as-you-go variety--are preferable because they allow you to ramp up your investment depending on how the business is going.

Here are some key tools for keeping fixed costs low:

• E-commerce Solutions. Who needs a business location when you have the Internet? The ultimate low-overhead storefront, the Internet gives you access to a world of potential customers. Utilizing e-commerce solutions is much cheaper than having a physical place of business where you receive customers. For example, it allows you to avoid the many expenses of having a retail outlet, such as rent, utilities, staffing, and insurance.

• Outsourcing Back Office Tasks. Rather than building a complete organization from scratch, try to outsource anything that isn't central to the unique value proposition of your business. For example, functions such as customer support, credit card processing and human resources are only needed occasionally or periodically. Therefore, it makes more sense to utilize outsourced call center services for telemarketing or customer support or HR outsourcing for human resource activities than to try to staff it internally.

• Use Social Media Strategies to Promote Your Business. Developing a full scale online social media strategy can seem overwhelming at first. But you can implement simple things by hiring interns to do the leg work such as starting a business blog or using Twitter, and tracking different programs making adjustments along the way.

Low-Cost Entrepreneurial Business Ideas


If the above are some techniques for structuring a business with minimum up front investment, what are some lines of business which lend themselves to getting started with minimal capital?

One rule of thumb is that services generally require less investment than manufacturers or retailers, though with e-commerce some re-sellers can operate cheaply if they have tight supply lines and add value in the process. Focusing on services, the following are some examples of businesses that might be right for the current environment, and can be started on a shoestring.

• Business consulting. If many retiring boomers are going to be starting their own businesses, why not use your business experience to help show them how to do it?

• Green consulting. People are striving to become more energy-efficient, for economic and environmental reasons. If you have expertise in this area, consulting with businesses and homeowners on how to reduce their consumption is a natural.

• Public relations. If you have media and promotional experience, you could be in demand with the new wave of entrepreneurs starting their own businesses. In particular, bringing knowledge of modern promotional techniques such as social media strategies could be valuable to these new businesses.

• Employment counseling. Between a weak economy and an aging population, there are many people facing a career crossroads these days. Helping them find the right niche can be a good way to make use of any personnel experience you have.

• Lead Generation. Sales Lead Generation is growing by leaps and bounds as far as start up industries are concerned. This is a very special industry that affords flexibility and freedom that is unparalleled. And, there is even a significant demand for highly specialized lead generation consultants to help companies generate qualified sales leads in this market.

Running your own business may not have been your parents' idea of retirement, but things are very different today. If you have the entrepreneurial itch, starting a venture might just give you the satisfaction and extra income to make your "golden years" more than just an expression.

Hot New Entrepreneurial Enterprises

Sometimes, smaller is better--just ask the micropreneurs flourishing in today's marketplace. A growing set of entrepreneurs are building successful businesses by serving a niche market. Micropreneurs aren't trying to become the next Bill Gates or Larry Ellison. They're thriving small-scale on the strength of a loyal customer base and utilizing social business networking and utility tools to help with sales lead generation.

Micro-Enterprises Rely on E-Commerce Solutions

Micropreneurs are rewriting the rules of small business--and they're relying on the internet to make their business model work. A New York Times feature on startups explains: "the Internet has given people an extraordinary tool not only to market their ideas but also to find business partners and suppliers, and to do all kinds of functions on the cheap: keeping the books, interacting with customers, even turning a small idea into a big idea."Thanks to a range of online small business resources, today's micropreneurs have the resources to build their venture on a shoestring budget.

With minimal upfront investment, you can:

1. Create an Internet storefront for retail sales. E-commerce solutions can create a Web site with point-of-sale (POS) capability. Online POS systems enables secure credit card processing on your site, allowing you to keep the doors open 24/7.
2. Reach your niche market. Online sales lead generation and marketing tools excel at targeting interested consumers and businesses.
3. Communicate with your customers via online business networking tools, a blog, or social networking tools. Social business networking sites offer powerful resources for finding your needle in the haystack, also known as your niche customers and partners. They can also help you keep in touch; today's customer service agents use online media such as twitter, facebook, tradeseam and email correspondence to connect with the public.
4. Need niche supplies or equipment to launch your niche business? Tradeseam connects entrepreneurs and suppliers of all stripes. You'll find business resources including manufacturing companies, international suppliers, and everything under the sun online.
   Web-based technology offers a range of resources for small business owners. Time-tracking software and online accounting programs are just two examples of today's affordable, productivity-enhancing business tools.
5. The Internet offers the reach and low startup costs to support a niche business.
   Spotlight on Niche Enterprises
6. For many micropreneurs, the Eureka moment--the business idea--derives directly from a personal passion. The following entrepreneurs built a following--and a profitable business--catering to like-minded individuals.

Specialty Food Carts
El Dorado tacos? Chow Fun to go? More and more specialty food carts are cruising urban neighborhoods, with offbeat menus to serve the random craving. Restaurant consultant Clark Wolf notes: "Mobile food is one of the hottest things going all over the country. Brooklyn has its ribs truck, Manhattan has its dessert trucks, and now Los Angeles has the cupcake patrol."
Specialty food carts rely on social networking tools such as Twitter, Facebook to broadcast their coordinates. The strategy seems to work. L.A.'s Kogi taco truck draws between 300 and 800 by tweeting its location in advance, "setting off a taco-minded flash mob."

Pedicab
A physically fit duo in Spokane, Washington has pedaled to success with a pedicab service. Cheaper and more eco-friendly than a cab, the bike-based taxi is finding no shortage of riders around the downtown area. To get the wheels rolling in your own leg-powered cab service, you'll need pedicabs, licenses, insurance, and a local marketing campaign. Once you've gained a loyal ridership, you can establish a call center or online-based dispatch service linking riders to your mobile phone.

Guerilla Marketing Agency
Seattle businesses looking to make a unique statement can count on Wexley School for Girls to get the job done. The agency uses off-the-wall guerilla marketing stunts to build publicity for clients. For example, they created a buzz around Copper Mountain ski resort by staging a National Snow Day with improv ski-patrol actors and fake snow. The stunts aren't for everyone; "either you get what Wexley is selling--a very particular sensibility and approach toward marketing--or you don't," comments an admirer. But the agency isn't looking for mass appeal: "Wexley is biting off little pieces, looking to take on a particular niche of a business."
Build your own businesses staging publicity events for businesses. Start with an eye-catching Website Design and online marketing campaign to get the word out. As the costs of running a business come down, micro-enterprises are flourishing. These small businesses focus on a loyal niche, taking advantage of online business networks to communicate with customers, source, distribute, and to manage the venture.

In today's Internet-driven economy, it's no longer necessary to chase the next big thing. A great small idea can take you even further.

Don't let your internet marketing efforts take a summer vacation

Strategies to make the most of the summer slowdown

When most people hear the word "summer," thoughts turn away from work to days at the beach, camping, traveling or summer sports with kids. We normally think of summer as a time when work generally slows down. However, spending on marketing during a slowdown has actually been shown to increase sales leads once spending picks up- according to one study, businesses that increased advertising during the ‘01-‘02 recession saw sales increase an average of 3x times more than businesses who kept marketing spending flat.Here's how to get a head start on Internet marketing efforts this summer:

1. An online marketing strategy like Search Engine Optimization or Search Marketing only works well if your site is equipped to deal with the increased traffic. Hire a website design services firm to make sure your site is easy to navigate and has the capacity to handle more visitors. If you don't have an e-commerce section, now is a good time to accept credit card processing on your site and build a shopping cart. Companies providing merchant account could also have special rates given the slow economy.

2. Develop strategies to land more customers. The way to do that, particularly for small businesses, is to use effective sales lead generation and small business marketing solutions to connect with new customers, partners and suppliers and create a positive experience. Make sure you give every customer the best experience you can. That means clean restrooms, courteous staff, eye contact, handshakes. You've got to do this better than the other people out there. Another good option for local businesses is community involvement. Join a small business networking communities or the Chamber of Commerce. Sponsor a Little League team. Let the Girl Scouts do a car wash in your parking lot. This is part of bonding with your community and becoming an established part of it.

3. Try New Social Media Strategies. If you've been putting off launching a social media strategy, such as starting a blog or using Twitter, now is the time. During the summer, you'll have the time to implement a strategy, hire interns to do the leg work and track different programs making adjustments along the way.

Startup Businesses to Consider in this Economy

The current economic conditions have caused entrepreneurs to approach start ups with a renewed perspective. Gone are the days of mom and pop style restaurants, used car dealerships and grocery stores. The most lucrative new businesses are vastly different from these popular favorites of old. These exciting start ups listed on this business directory offer the promise of financial gain, return on investment, and opportunities to grow by leaps and bounds.

E-Commerce – Retail With No Overhead Costs

Buying and selling goods online is one of the safest start up industries in the current economy. Online resources like Amazon, eBay, Tradeseam and Craigslist make it fast and easy to choose any product and sell it online. Some of these websites even enable users to list their business or product and services in a business directory or product catalog, track inventory, network with customers and do their taxes at the end of the year.
Whether you want to specialize in antique furniture or cell phones, e-commerce is among one of the leading business opportunities. One of the best benefits of this industry is that most people have the option to work from home. This saves on major overhead costs typically associated with retail selling, such as commercial rent, utilities, and labor expenses.

Healthcare – With No Medical Degree Required

The healthcare industry will never cease to grow and prosper. This does not mean you need to run out and apply to medical school. It does mean that there are many exciting complimentary business opportunites that you could pursue. Medical billing services are in high demand, as are medical transcription services, and home healthcare businesses. These are completely viable start up industries that you can easily learn how to master. Business industries related to the medical field are certain to grow and prosper because of the growing demand and they are recession-resistant.

Business Process Outsourcing - With Not Much Capital Needed

One of the most promising startup opportunities is business process outsourcing. Examples of business process outsourcing companies include call centers, answering services and payroll services. These types of businesses take on responsibilities for other prospering businesses. This means that you can capitalize on the earnings and success of others while providing valuable business services.

Business process outsourcing is unique because you can build and maintain relationships across a variety of industries. In an era where every business is looking for ways to streamline their costs, business process outsourcing is an industry high in demand.

Internet Marketing and Sales Lead Generation with Expertise

Internet Marketing is growing by leaps and bounds as far as start up industries are concerned. Individuals with expertise in all different fields are reaping rewards by sharing knowledge and skills with others. This is a very special industry that affords flexibility and freedom that is unparalleled. Working as a internet marketing consultant, search marketing consultant or web design consultant are just a few ways that you can get into one of this industry. There is even a demand for highly specialized consultants in areas like sales and business development to help companies generate qualified sales leads, business leads in this market.

Creating your business during tough economic times requires tact and diplomacy. Choosing the right business to begin with can alleviate a number of economic difficulties for aspiring entrepreneurs. Explore non-traditional start up industries for a more promising future during these difficult economic times.

Is Recession a Good Time to Start a Business?

While it might seem contrary, starting a business in a recession can actually be a good idea. With so many people out of work, people are struggling to find sources of income While many with that entrepreneurial drive are starting new businesses.

Is it time for you to start a new business? Here are some questions to ask yourself:

• Can this type of business thrive in this economy? People aren’t spending on luxury items, so that spa idea might not be ready to bear fruit. But think about what people are spending money on, or how you could save them money with a business idea, and then you have a winner.
• Do you know how to start a business? It’s not necessary you know all the ins and outs of running a business, but starting one in a recession means you need to be better prepared than at any other time. Read some articles on how to start a business, or take a class or two at your local community college. It’s important that you see beyond the idea to what it takes to start and manage a business such as the business resources required: accounting, human resources, internet marketing and recruiting that will go into your business. If you’ll have a retail or office location, overhead may be more than you originally guesstimated. Do your homework first.
• Do you have sufficient resources to help you? Resources might mean finances or financial services firms that helps you get commercial loans, business cash advance or a small business line of credit, . Or maybe it’s staff. Is your husband willing to help you get started until you can afford to hire help?
• Do you really want to start a business? If you’re just looking for a way to make some quick money, starting a business probably isn’t your best option. You might not even make money (most don’t for a few years; factor in the economy, and, well, you get the picture). But if you genuinely have passion for something, and are willing to put in the time and tears, by all means, get a plan and get going.

Bottomline

Start with a business plan before anything. Figure out what kind of investment you need for your business idea, who your customers are, how you plan to get customers for your business. Finally, how you will make money. Talk to other entrepreneurs, small business owners about your business idea, join an online small business networking site to see what they think of it. And most of all: good luck!

Normally Small Businesses Lead the Economy Out of Recession

Despite signs that the economy is bottoming, the small business community are less optimistic about their prospects. At the end of July, 56 percent said they were optimistic about the small-business economy, down from more than 70 percent who were optimistic in May and June.

In a recent survey, confidence among the small business community is falling amid concerns about the cost of government health care reform and salaries at small U.S. companies are at their lowest level since March 2006. The survey, based on payroll services data from small businesses that are listed on the official US small business directory, found salaries fell by 0.8 percent in July from June and are down more than 5 percent since the start of the year.

The average annual paycheck for small businesses resources in the United States is now $29,995, compared with $32,290 a year ago. The last time salaries dipped below $30,000 was in March 2006.Those surveyed cited the cost of rising healthcare insurance costs as a major concern.

Small Business Loans Dry Up

Increased scrutiny from financial regulators and pressure to grow capital levels in response to the mortgage crisis means many troubled banks aren't in a position to hand out any new commercial loans or have largely cut back on lending. But some banks that are still lending money have shifted at least a portion of their lending to federal Small Business Administration loans, which are set up to help small business owners obtain business financing so that they can continue to manage their small business resources when they can't otherwise qualify for conventional small business loans, and carry less risk for the banks if the borrower defaults.

That's good news for all small businesses in the US business directory that no longer qualify for conventional loans under banks' stricter lending standards, but it also means that the small businesses community further down the chain, which would normally receive SBA loans, are being bumped from the market in favor of more-stable borrowers. This is making it more difficult for small business owners to spend on key small business activities such as customer acquisition, business lead generation programs, internet marketing, hiring etc.

If a bank has capital constraints, it can't grow the balance sheet very much, and putting on a new loan grows your balance sheet, it's a challenging time for any business to get credit.

Some commercial banks and commercial lending companies including Bank of America, Capital One, CIT, Heritage Bank and Pacific Continental Bank have stopped lending altogether in order to shore up their balance sheets.

Those numbers represent a gloomy outlook for business and lending into business. If the confidence in the economy goes up, we should see a return to higher lending levels, and that's particularly true in small business.

Those banks that are lending have increasingly turned to SBA loans. Factoring Services and Business Cash Advances became a more attractive option for banks after a $730 million allocation under the 2009 American Recovery and Reinvestment Act eliminated or reduced the program's fees for borrowers and increased the guaranty for participating banks from 75 percent to 90 percent. Combined with lower interest rates, the loans are a good deal compared to conventional loans in which the banks shoulder all of the risk. Nationwide, SBA lending increased 45 percent since the recovery act passed in February. More than 750lenders that had not made a loan since October are suddenly participating again, according to the SBA.

First Independent has tightened its credit criteria and as a result has a very low volume of small-business loans, which are mostly focused on existing customers. Some 30 percent to 40 percent of those loans have an SBA guarantee, a higher proportion than in the past. The bank will consider loan requests from new clients, but it's limiting lending to established businesses that can demonstrate at least two years of profitability and aren't relying solely on property as collateral for the loan, she said.

Filling the gaps

Community banks in particular have filled in where larger national banks fall short in small business lending. Many smaller local banks are still loaning to "viable" businesses.

Effects of Healthcare Reform for Small and Medium Businesses (SMBs)

The current health care system is not working well for small businesses and their employees.

1. The current health care system imposes a heavy “tax” on small and medium businesses (SMBs) and their employees. Due to high broker fees, fixed administrative costs, and adverse selection, small businesses pay up to 18 percent more per worker than large firms for the same health insurance policy. Some of these higher costs are passed on to small firm employees in the form of lower wages, and some eat into the profits of small businesses that could otherwise be used for research and development and for much-needed investments. This implicit tax disadvantages small firms in both the market for the best workers and the market for their products.Because of their higher health care costs, small businesses are far less likely to provide health insurance for their workers than larger businesses. Only 49 percent of firms with 3 to 9 workers and 78 percent of firms with 10 to 24 workers offered any type of health insurance to their employees in 2008. In contrast, 99 percent of firms with more than 200 workers offered health insurance. Consistent with this pattern, 29 percent of non-elderly adult workers at firms with fewer than 25 employees were uninsured in 2007. In that same year, just 10 percent of workers in firms with 500 or more employees were uninsured. Workers at small firms that do offer health insurance also tend to have less generous plans than workers at large firms.

2. The fraction of small firms offering health insurance has been declining in recent years. From 2002 to 2008, the fraction of firms with 3 to 9 employees offering health insurance to their workers declined from 58 to 49 percent.

Health care reform as envisioned in current draft legislation would reduce the current burdens on small firms and their workers.

1. Small businesses that meet certain criteria would be able to purchase health insurance through an “insurance exchange” – allowing them to choose among a multitude of plans that would provide better coverage at lower costs than they could find in the current small group market.

2. Many small businesses that provide health insurance for their employees would receive a small business tax credit to alleviate their disproportionately higher costs and encourage coverage. The tax credit would be targeted to those firms with employees whose average wages fall below a certain threshold.

3. The current reform options include financial incentives for medium- and large-sized firms to provide health insurance coverage through so-called “pay-or-play” provisions. Firms with payrolls or employment levels below a certain threshold, which would include the vast majority of small businesses, would be exempt from the pay-or-play provisions.

4. The creation of an insurance exchange would also provide better and lower-cost options for workers in small businesses that do not offer health insurance. Low-income individuals and families would receive sliding scale subsidies to help them purchase insurance. Additionally, health insurers would not be allowed to screen potential enrollees for pre-existing conditions.

5. The proposed reforms could help spur entrepreneurial activity by increasing the incentives for talented Americans to launch their own companies, and could increase the pool of workers willing to work at small firms. Further, successful reform would reduce the phenomenon of “job lock,” in which workers are reluctant to leave a job with employer-sponsored health insurance out of fear that they will not be able to find affordable coverage. Small firms that are unable to provide health insurance for their employees bear the greatest cost of this phenomenon.

6. Reductions in absenteeism and improvements in worker productivity resulting from better health outcomes because of expanded coverage would particularly benefit small businesses.
Please share your thoughts with us.

source: TradeSeam The Official Small Business Community Resource

How To Recession Proof Your Small Business

Small businesses are crucial to our economy.

Small and Medium businesses (SMBs) are an important source of job growth. Small businesses account for a large majority of jobs in start-ups, a key source of innovation and economic growth.

Here are some tips for you on how to prepare for the worst—stay lean, talk to your customers, and don't stop hiring and marketing, get listed in the small business directory so you can be found.

To keep your company lean, you should set and measure inventory targets and keep in daily or weekly communication with your sales and operations staffs. You may also want to weed out unprofitable customers (BusinessWeek.com, Oct./Nov., 2007). Every company has customers that cost more than they add to the bottom line. Identify them, evaluate how to make them profitable customers, and if that's not possible, politely hand them to your competition.

To keep from losing business, keep in close touch with your customers by connecting with them on the small business network. Show that you care. Understand how their business is being affected and look for ways you can help. Lasting relationships are built in hard times. And look for new market opportunities, recognizing that when the business climate changes, customer needs will change as well. That may mean new markets will open up for you.

Develop strategies to land more customers. I counsel my clients that if they want to make their companies grow they will have to steal customers from their competitors, period. The pie is shrinking. For the auto repair shops, cars are more reliable and need less frequent service. In the restaurant world there's been overbuilding and the average number of meals eaten out has declined for the first time in a number of years. The successful small business is going to have to win a bigger share of that shrinking pie. The way to do that, particularly for small businesses, is to get listed on the small business directory and use effective lead generation and marketing solutions to connect with new customers, partners and suppliers and create a positive experience. Make sure you give every customer the best experience you can. That means clean restrooms, courteous staff, eye contact, handshakes. You've got to do this better than the other people out there. Another good option for local businesses is community involvement. Join a small business community or the Chamber of Commerce. Sponsor a Little League team. Let the Girl Scouts do a car wash in your parking lot. This is part of bonding with your community and becoming an established part of it.