May 17, 2012

Guerrilla Marketing a strategy that should be used by small and home businesses

Guerrilla Marketing is one of the best tools that any small or home business should to use. It is based more on human psychology than experience, more on time, energy and imagination than money.

As Wikipedia said: “The concept of Guerrilla marketing was invented is an unconventional system of promotions that relies on time, energy and imagination rather than a big marketing budget. Typically, guerrilla marketing campaigns are unexpected and unconventional; potentially interactive; and consumers are targeted in unexpected places.”

At CnnMoney website give us an example with the cereal Bear Naked, a small business that began in 2002 in a small kitchen and now worth millions of dollars.

Its two founders used the guerrilla marketing because they lacked resources to sell their new product.

In the first two years they were the accountants, distributors, producers and cleaned up the kitchen.

They went to triathlons in New York and they began to give examples of their products to athletes, with inflated balloons as banners with ads of their company. This strategy, a typical guerrilla marketing, gave them the key of their success. 

I invite you to read the rest of this successful case from CnnMoney by clicking here in this link

Improve your business credibility and you will get more money

Don’t matter if your business is big or small, always the money is the most important factor for a succesful project.

Obviously one of the main source of money are the banks and for that reason you must have a good credit reputation but how  to improve your business’s credit?

The New York Times gives us some tips on how to achieve it. Following a summary:

1. You should separate the credit of your company from your personal credit.

2. Build a credit reputation requesting easy bank’s products as credits cards. The simple fact of using the company letterhead for communications with the bank also will help in marketing your business.

3. Request a phone on behalf your business and publish a notice in your local yellow pages. Take phone and pay your bills you will create a positive credit record.

4. Sign up for free mailings on behalf your business name.

I invite you to read the full article from the New York Times in English by clicking here in this link

10 Tips to make a winner business plan

I have always recommended in various articles that you should make a business plan. It is a basic step for anyone that are thinking to start a small or big business.

I have found at AllBusiness website 10 tips to make a business plan. These tips in summary are:

1. Create a vision. The business’ vision is important or maybe you could lose the success path with the detail of the day.

2. A business plan is not only a budget of income and expenses. The budget is part of the business plan but it incorporates other elements such as business environment, such as competition or my advantage in the marketplace.

3. Do not ignore your customers. You may think you know that your customers want but why not ask them their needs and desires in order to focus their business plan.

4.  Do not underestimate the competition. You are not alone and today or tomorrow you will have competitors. In addition, their competitors may be an important source of information when you are developing your business plan.

5. Be prepared to face the risks. A business plan should be have a proper risk management.

6. Get other opinions about your business plan. Submit your plan to scrutiny and assessment of other people who can give a new point of view of your business idea.

7. Expect the unexpected. The business plan should incorporate these contingencies and have the power and flexibility to change.

8. Do not forget that you are unique. The business plan is helpful but not overestimated, you are unique and the plan will help but ultimately you are the engine of your business.

9. Set the rewards for your team work and yourself. The business plan should provide a compensation system for you and your employees will serve as motivation.

10.  Do not skip the plan. Remember the business plan is a basic step that you don’t skip.

You can read the article where we got these ideas at Allbusiness website by clicking here in this link

7 Ways To Finance and Get Money for Business Ideas

One of the biggest obstacles to a business idea is how to get money to finance and develop your business idea.

You are a winner, never lose sight of this premise. Very few people have business ideas and very few dare to make them happen. If you are looking for money for your business idea means that you belong to the elite of entrepreneurs.

If your idea is good you will find the money.

CNN Money gives us ideas on how to finance 7 business ideas:

1. Bootstrapping. This word means to get money wherever they can. The founders of Google for instance used the money they have from their credit cards.

2. Friends and family. Requests borrowed money, as you again say if your idea is good, everything is possible.

3. Banks. Calls for a loan, it is sometimes difficult but not impossible.

4. Awards or building loans. Find out which contests you can participate in your community there should be several. In addition, there are loans available to small businesses. Investigate and find the money.

5. Angeles. If your idea is good you’ll always find someone to help you. Have faith in human nature, we all want to help someone. 

6. Partners. Find a partner who wants to join your business idea. Sometimes this leaves a bad taste but it is better business ideas and share profits that do not see them run. [Read more...]

What is best for family finances … Buy or rent a house?

When I save more money? When I buy or rent a house?

Sometimes maybe my only option is to rent but if you have the option of buy and rent you need to be very careful about what is the best option for you.

The New York Times has published a useful and interactive chart that lets us know if we are winning or losing money by renting or buying a home.

The default data that you will find is made based on financial variables of the American market, you can modify these variables to suit its economic and personal reality.

Visit this interesting link by clicking here.

Sales Strategy: making money and teaching values

Larry Kay is an example as how you can make money without forget the principles.

Larry made a DVD and CD with videos, music and audio where he teach values to children of preschool age through the care of pets.

His success was huge. Larry Kay won an award for that effort and as a result has initiated a campaign to increase sales of their products such as stuffed animals in the picture.

I have taken this new from  Los Angeles Times who realizes the Larry Kay´s success and obviously it get free advertising.

This is a great business idea with an impeccable marketing strategy. Larry use ecommerce tactics for make money online, finance, money tips and more.

You can read the note about Larry in Los Angeles Times by clicking on this link here

25 Home-Based Business Ideas by CBS News and All Business

All Business is an usual collaborator of CBS News for small business topics.

They have made a list of the Top 25 Home-Based Business Ideas to make at home. I hope that you can find in these ideas the inspiration for the perfect business that you are seeking to achieve your financial freedom.

I personally believe that every business idea can be successful if it is executed correctly. You should to learn about finance, money tips, how to make money online, ecommerce and any source of make money.

Passion in business is not everything. You must be prepared and trained if you want to succeed.

You can read the list of  these 25 Top Home-Based Business Ideas by clicking on this link here

You will find there ideas as to be Personal Trainer or Yoga Instructor, Web Design, Wedding Planner among others.

The Best Business Plans for a new start up business, 25 new business ideas

Always is interesting to read about business plans because you can learn about money tips, how to make money, finance and more.

Cnn Money made a contest and selected the betters 25 business plans, each one is also a business idea for make money. A business plan is only the project or map of a potential success.

Nobody knows if these 25 business plan that won this contest will be the key for a successful business but for some reason they won  so I recommend you to visit the Cnn Money website and learn more about these entusiastic business ideas.

I invite you to visit the information about this contest by clicking here on this link

MBA Ranking focused in Small Business or the develop of a new start up

There are many rankings of business schools that you should read if you want to study a  Master Business Administration (MBA) program.

In this interesting link you can see a ranking of business schools entirely different. Business Schools are focused on real-world small-business know-how, developing new business. Obviously, some times you will start to working in your own business and maybe it will be a small business that with your work will be a big business, however in the process you should to learn about finance, money tips, ecommerce and more.

You can acces to this ranking by  clicking here on this link.

Excellent business idea, direct sales to a specific market

This company specializes exclusively in the Lawyer´s market , they sell a range of specific products for that market. There are a lot of lawyers and they have a lot of money also.

So this specialization is a good business idea for make money online with a ecommerce strategy. Don’t forget to be part of  Better Business Bureau (BBB) for project trust to your potential costumers.

If you want to visit the website of this company click here on this link. may be you can learn some money tips to make money online.