Archive for the ‘Grow Your Business’ Category

Should You Take a Credit Card or a Loan for Your Business?

Small business owners who wish to grow their business are often in need of a loan to accomplish this goal. Most people think about taking out a loan to finance the growth of their business, but in some instances and depending on the amount of money, it may make more financial sense to use a credit card instead.

Business owners who are in financial trouble and trying to save their business may not have the credit rating necessary for a regular loan and may have to apply for loans for bad credit in order to secure financing for their business.

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Smart Advertising: Capturing Attention Using Posters

In a world dominated by digital entertainment, news and marketing, it can be easy to forget traditional marketing methods. However, something as simple as a poster can still bring some powerful new leads, customers and clients. Why is this so? How can something so simple produce such a large effect? Here are a few reasons why posters are still an effective marketing tool.

Posters are different

By now, people are used to seeing Google ads on every website they visit.

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Getting a loan from the Small Business Administration (SBA)

Here is a handy guide to the various SBA loan programs. Click here to review a synopses of SBA Loan Programs.If you are interested in obtaining further information for a specific Loan Program listed below, click on the Loan Program and you will be brought to the SBA Web site.

PROGRAM: 7(a) Loan Guaranty Program (the SBA’s primary loan program).

Maximum Amount Guaranteed: $750,000 in most cases Percent of Guarantee (Max.): 75% (80% if total loan is $100,000 or less)
Use of Proceeds: Expansion or renovation; construction of new facility; purchase land or buildings; purchase equipment, fixtures, leasehold improvements; working capital; refinance debt for compelling reasons; seasonal line of credit; inventory acquisition
Maturity.

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The Best Way to Build your Business

It’s interesting to see how many small businesses try as soon as possible to follow the example of some large corporations to build an impersonal “corporate image.”

People actually prefer to do business with people, not institutions. The last time you called an organization with a problem, weren’t you frustrated and didn’t you experience emotional pain while “going through voice mail hell” or being transferred until you got connected with a person who could solve your problem?

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Grow Your Business with Existing Clients

Being in business for a while, you eventually begin to shed many of your initial fears as you begin to find confidence in what you are doing. Living though situations you once feared and coming out safely on the other side is a learning experience many people have to go through before they can fully understand the concept. As word begins to spread around and you are finding new clients a little faster than you had in the past, you can sometimes miss out on opportunities to make more money with the resources you have at your disposal, including your existing clients and customers.

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Three Ways to Grow Your Local Business

The thing with growing your local business through the internet is that you often times get sidetracked so that you end up marketing your business to the entire world when all that you have to impress are those living within your community. When it comes to local business, your website’s ranking in traditional searches does not always guarantee that your local prospects have already noticed you.

Local marketing has been on the rise that even search giants like Google are making specific considerations for websites optimized for local search.

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Taking On Volunteers Is Not As Simple As You Might Think

Volunteering seems like a straightforward way to get some work experience under your belt and find out more about jobs that you are interested in. But it’s not necessarily straightforward for companies that take on volunteers. In many countries, like the UK and Australia, companies need to provide volunteers with a formal Volunteer Agreement and Code of Conduct. Failure to do so could result in messy lawsuits and legal penalties (worst case scenarios) or bitter disillusionment on both sides (best case scenario).

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How to Choose and Purchase a Franchise

If the idea of starting a brand new business in this economy is more than a little daunting, perhaps you’d prefer to enter into an established franchise as a way to get a leg up and give yourself a better chance at success in your business endeavor.  But with all the opportunities out there for franchising across a wide variety of industries, you might not have the vaguest clue what type of franchise you’re looking for.  So you need to think about what you’re good at, what you want, and how you can get it.  Here are a few tips to help you answer those questions.

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