Are You Content With the Marketing Service Your Business Cards Provide: What’s on the Back?

White space? In order for white space to be effective, it has to have a purpose. Does the back of your business card have a purpose, or is it just blank wasted space? One mortgage broker I met carried his card everywhere and handed it out liberally. On the front of the card, along with his name and company logo were the words, “I can finance anything with documentation!” On the back of his card was a list of required documentation. He reported that he rarely purchased leads for his mortgage-brokering firm. His supervisor reported that he rarely had to go back and ask a client for more documentation to obtain a loan.

This man used his business card like a personal handshake with people he never met. His cards were not professionally printed; he printed his own, changing document requirements as his lenders adjusted their demands. He even posts his business cards at sites where others had left their cards on bulletin boards, and gathered clients from strangers who called him for loans.

Excellent marketing strategies for business card design include:

1. Your picture or a picture of your company on the front of the card. People notice and remember pictures. As they say, a picture is worth a thousand words. Put a photo in their hand!

2. Use an unusual layout. People have to turn the card around to get a better view of the words. They notice the motion, the difference. An excellent example of this is a poster created for a high school English class, the title was printed up the left side of the poster. Nothing else about the poster was particularly astonishing, but because it had a unique design layout, it was noticed more often with more comments than the other posters. Be different!

3. Use clear fonts. While dramatic curli-ques and fancy scripts may be the going signias, your words must be legible. If you want to use a script or fancy font, be sure it adds something to the design of the card, and makes the overall “picture” memorable. If the script actually has impact, use it, if not… dump it. Make your letters legible.

4. Intentionally misspell a word in your company name. Korner Kitchen is more memorable than Corner Kitchen. The invocation of double K’s presents a ready made logo with a style font and designer lettering, still very clearly written, and distinctive. Capture the essence of your business with powerful imprinting on your client’s mind. They will remember originality.

5. Motto your mission. Make sure your motto is displayed on your business card. Write up a motto that is defined, succinct, and specific to your business, then plaster it on your business card. Print it in red on a black and white card, or outline it in hot pink – but make it stand out. The customer may not be impressed with the Korner Kitchen, unless they know you have “The Best Apple Pie in Three States”. Imprint your cards with your personal motto.

6. Provide all of your current contact information in clear legible letters. No matter how easy you think it might be to find the “old Johnson Mill” where your Korner Kitchen is located, you should provide every venue of contact information that you have on your business card. Include your email address, your website, physical address, phone number, fax machine, and cell phone. Someone will need those bits of information to ask you if you use real apples in those pies or not. Provide it!

7. Give your prospective client more information. Pack the back of the card with informative data your client might need in order to obtain your services. List information you need from them. List what services you provide. List the products you are currently highlighting, or any specialty sales you may have going. If your business has something special going on, put it on the back of your business card. Add a discrete small print disclaimer at the bottom of your card stating that your package may change without further notice, please call for more information.

If the Korner Kitchen is your business, you might want to list your weekly specials on the back of your business card, along with the cost. Any regular customers will be calling you on Tuesday for your prize winning mustard veal loaf with cornbread for take out, or maybe even catering.

Blitz your clients with professional calling cards that identify your business, your quality, and your service. Make your business cards sell!

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Are You Protected With Business Insurance?

For small business owners, small business insurance is an essential part of operations. There’s really no way around it. In order to protect your California business from liability, business insurance is a necessity. That being said, finding affordable business insurance is just as important. No one wants to break the bank insuring their business, but you don’t want to skimp on insurance in order to save a buck or two. California business insurance can be expensive, but it doesn’t have to be. The internet makes it easy to compare rates online, so consumers usually have in mind the price they want to pay and amount of coverage they want before a phone call is even made.

In California General liability insurance coverage is practically mandatory. This protects the owner and his business from lawsuits brought by any third parties. Small businesses are also often required to have worker’s compensation insurance in case an employee gets hurt while on the job. This acts as a way to protect the owner from lawsuits brought by employees dealing with injuries, since the time off is compensated for. California business insurance makes this an integral part of the insurance package, so small businesses should not be without it.

Commercial property insurance protects the business premises and the fixtures on it, as well as protecting the business owner in case of a tragic event such as a fire or explosion. Casualty insurance protects the actual revenue of the company, so in case of theft or damage to property, this insurance has you covered. One deals with assets, the other deals with money. They are dependent on each other, since you can’t make money without a place to do business and without a place to do business, you can’t make money. California business insurance vendors place great importance on this, especially for those owners who may suffer damages from earthquakes.

Commercial auto insurance is a specialized form of property insurance and covers business vehicles, like delivery trucks. If the owner has a business vehicle and a personal vehicle, they should be on separate policies. Small business owners need insurance in order to operate, so this necessary purchase should just be chalked up as one of the costs of doing business. Having insurance gives business owners the protection they wouldn’t have otherwise. Fortunately, business insurance is easy to get because the power of the internet makes comparison shopping very easy.

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Commercial Business Insurance Protection – Why You Should Not Do Business Without It

Never run your business without the necessary commercial business insurance protection. This is one of the most important business advice you will ever receive. It can be extremely difficult to take full responsibility and recover from losses when you do not have the protection your business needs. Regardless of how careful you are in running your business, there are just certain things that are beyond your control.

Several types of commercial business insurance policies are available. You have the option to get them individually based on your needs, or you may also choose to get an umbrella policy that combines all the basic protection you need in one simplified insurance policy. This type of policy normally cost less than all the other policies you can carry individually.

Here are the things that the umbrella commercial business insurance policy or usually referred to as the business owners’ policy (BOP) will protect you:

• The policy will provide insurance protection for the building your business owns against financial loss due to fire and other natural calamities, as well as man-made damages such as theft and vandalism;

• It will also provide protection for building contents, especially beneficial to business owners who are just renting or leasing the property. However, under an umbrella insurance coverage, the protection does not cover for vehicle insurance.

• An umbrella commercial business insurance policy covers basic liability insurance such as protection for customers or employees who get hurt while in the premises of the business, or while performing their duties and responsibilities. It may also cover for any claims relative to the use of products or availing the services offered by the business.

• Additional coverage for business liability is included depending on the insurance provider and the type of umbrella insurance policy. There are those that cover for malpractices or insurance for rented/borrowed vehicles.

• Typically an exclusion, yet there are providers that will include auto insurance coverage under an umbrella commercial business insurance policy. This provides protection from damages and loss resulting from accidents to company-owned vehicles while in the performance of job duties and responsibilities.

• Basic coverage for system failures. For instance, if the cooling or heating system breaks down affecting business operations, the insurance takes over the financial responsibility in replacing or covering the cost.

It is easy to think that you do not need any commercial business insurance policy. After all, you are extremely cautious and careful in running your business. However, you also have to realize that there are risks that getting an insurance coverage is the best solution, or even the only solution.

Although commercial business insurance policies are generally costly, you can lower the cost by finding affordable insurance coverage. You just have to know how and where to get the best deals. Understanding the fine prints is another effective method to make your insurance affordable.

It is always wise for businesses, regardless of nature and size; to prioritize your insurance requirements. Your business faces several risks and one way to reduce or eliminate these risks is to get the right commercial business insurance for your protection against losses and damages. Do not run your business without it. A word is enough for the wise.

Anticipating the Future Through Business Forecasting

Whether you are talking about the weather report or a business situation, “forecasting” often comes right before rolled eyes or a dismissive wave of the hand. I have often joked that I’d love to be a weatherman, because I could be wrong a lot and still keep my job. Unfortunately, I cannot use that joke since I started forecasting in my corporate jobs. At least weathermen have state-of-the-art computers to track their weather patterns. Business forecasters often have little more than an Excel spreadsheet and information pulled together through intuition and a lot of badgering. I’m starting to envy the weathermen.

Business forecasting is admittedly a difficult task. We need to anticipate and project future results to make critical business decisions. If business forecasts are to become credible sources of business decision making, the entire business must make accurate forecasting a priority. Too many organizations treat forecasting as an accounting exercise. The accountants spend days at the end of the month compiling actual data, adjusting numbers based on new demand schedules (which are forecasts themselves), applying manual adjustments to numbers that do not “look right”, and call the forecast complete. When this occurs, forecasts often look completely out of line with reality. Several companies have stopped providing earnings guidance to Wall Street analysts in part to reduce the possibility of inaccurate forecasting affecting stock prices.

Forecasting must be a critical part of any successful business’ plan. Forecasting forces the business to ask hard questions about its future and anticipate uncertain events. A failure to forecast is just like traveling to Florida in March without looking at the 10-day weather outlook. You can guess about what will happen, but you may be unpleasantly surprised by the results when they occur. However, the forecast process must undergo significant changes before becoming a valued part of the planning process.

Set a realistic time horizon – Five-year plans are now a waste of time. Imagine a five-year plan in 2003 correctly predicting the 2008 credit crisis. If it occurred, it was likely done by sheer luck. While no business can operate day-to-day with no plan in place, you should only forecast as far into the future as you can reasonably expect. If your business is extremely volatile like retail clothing, your forecast may only last a single selling season. If your business is more stable and cyclical like heavy equipment manufacturing, a forecast of three to five years may be more suitable.

Gather only as much information as you need to anticipate the future – It is extremely important to recognize the different levels of detail between a forecast and a budget. Budgets are very detailed, often being reported by account and department. Forecasts are less detailed and are more focused on the overall business. The devil is in the details when it comes to forecasting. Realize that forecasts contain a high level of uncertainty, and that uncertainty cannot be reduced by asking more detail. Spend more time looking for patterns in the high-level information and how that can help you make decisions.

Forecast based on events, not time – Forecasting is a time-honored tradition at month end for most businesses. Accountants will look at last month’s forecasts, determine how actual results impact those forecasts, and then adjust forecasts. Unfortunately, business does not follow a strict time schedule. In order for forecasts to be useful, you must be able to update them after a significant event occurs. What if your competitor cuts capacity by 20%? What if your main supplier cannot ship a key component? If these events happen in the middle of the month and you do not forecast until month end, you will lose two weeks of relevant information.

Prepare forecasts for multiple scenarios – Another hallmark of forecasting is to provide one number based on a series of “most likely” events. No one can predict the future that well. Forecasting should consider several alternative versions of the future. If you have forecasted several scenarios, you are more likely to react quickly and correctly regardless of what really occurs.

Forecasting can be a valuable part of an organization’s planning process. If a company’s management trusts its forecasting capability, it can react more quickly to save valuable resources. Unfortunately, too many businesses treat forecasting as a financial activity instead of a critical business process. Intelligent companies prepare their forecasts as a key tool to anticipate the future and plan for long-term success.

Role of IT (Information Technology) In Business Growth

World is changing and along with it, flow of information is changing too. Consider as an example – the internet, it provides us with all latest happenings around the globe. Railways and Airways are connected with Information Technology. If we want to travel we can book tickets online, reserve rooms, etc. Sea routes are also connected. IT has become an essential part of our day to day life whether it’s field of education, or entertainment, or business; everything is touched by information technology. Doctors can also help patients online, prescribing medicines or helping other doctor in dealing with emergency cases.

Buying and selling has become quite easy now. Online shopping through credit cards and debit cards has made purchasing effortless. Moreover you can do shopping anytime as there is no time constraint; they are open around the clock. Banking is another area which has been automated. The things that were earlier done manually have been computerized. Managing accounts, transferring of cash, depositing, withdrawing is no more a tedious task. Another field where IT has brought immense growth is Business sector.

In this IT driven corporate world it is essential to determine new ways to grow in business. It is important to understand that top management cannot alone manage the business; there vision and IT together can achieve higher objectives. Information technology and business together refers to management resources and using information by computer tools for gathering, processing information, storage of information and distribution of information. Small scale businesses buy software packages in order to run their business whereas large business firms can appoint engineers to build their own software to support company’s tasks. This has resulted in new job opportunities such as computer programmers, analysts, developers (hardware and software), etc. Implementing IT in an effective manner would decrease the cost; cost which is expected at the time of failure. Also increases the flexibility.

Large sectors, complicated, complex sectors have been transformed into centralized/ decentralized organizations. Opportunities have been increased in business; companies unlike manufacturing or distribution also make use of software either in determining weather conditions, freshness of product, or managing company’s centers. Work can be optimized, costs can be reduced, and risks involved can be minimized and thus adds in growth of business. Determination of better strategies for business and solutions for business problems can be solved by IT. Companies may also exchange technology over the network.

How to Begin a Profitable Business Online

There are hundreds of creative ideas in the back of your head that you can begin online business. The internet makes it simple for anyone to profit from their business ideas through some market research and analyst. You must first come up with a plan of action for how to market your ideas then you can begin to create website.

You need to have a master plan

You need to work effortless to make some progress online; therefore, you will need to have a master plan. You need to put into place marketing strategies to provide access to the market and, in return, gather the relevant market resources. You need to have a marketing guide structure for success. The implementation strategy is your subtle aim to achieve your goals. You can only profit from your business when you know the clear part to your goal.

You need to set up your business operation so that it has long term purpose

When you decide to launch a business for profit, you need marketing strategy that is working for you. You can begin from a blogging platform to begin promoting and if you are on tight budget, learn to write articles. This will take some time, but at the end of the day, you should have some marketing sense. There are plenty of research available online that you can use to structure your business. You can have a site explaining some do’s and don’ts for working online.

You can help other job seekers or business owners to located ideas

Everyday hundreds of people search online to find the simplest remedy for any ailment or cure. You can create an atmosphere that supplies that information. You can even share hobbies and collectibles to gain online presence. The idea beyond all this depends on how well you know internet marketing ideas. There is plentiful and exciting topic online to have a profitable business and there is quite some simple method that you can use to drive targeted traffic to your sites. You may have to research into several methods before you can actually master what work best for you.

Going internet main stream with talent and skill

If you find that you posse some strengths in any specific business function and you decide to take the internet marketing stream. There are potentially hundreds of research ideas floating online to get you going. Therefore, you will need to work time-in, if you want to profit. If you research any market, you will find that there are plenty of other research stats done; unless, you have hit the jackpot and came up with something exceptionally great. You can take any business ideas of yours and built it online into a million dollar business. On the contrary, you will need to know a string of other marketing methods.

Get some expert ideas if you intend on long-term success

You need to have some expert opinion when you begin to do online marketing. You want good feedback from the marketplace. Therefore, you will have to get others to critique your business structure. You need to do research on your target market, the more the better. You should try avoiding negativity and stay focus when you are in business. Almost, ninety percent of research on business is readily available online but you need to do some additional research to refine your concept. You need to schedule some time and modify your business ideas as you go through the process of starting-up; you need to make changes when possible.

You need to form a social tendency as you continue researching your business ideas and you must invest in areas that will get your business in top priority. You may have to spend some of your budget to overall or modify your business system to make it profitable

Leading From the Front – Where a Business Leader Should Be in Tough Times

The business environment post-financial crisis is a war and business managers who adopt the approach of the ancient warrior leaders will be the most likely to prevail. It’s a real battle for survival out there. They don’t actually kill anyone anymore, but apart from that, everything else is the same.

Centuries ago, a leader’s place was up-front – leading the way into battle astride their horse or in the front chariot. We can all imagine Alexander the Great, Genghis Khan or William Wallace inspiring their warriors to victory against all odds. Then, leadership changed and the Generals started commanding from the back where they could be better analysts and strategists (and they were, of course, less likely to be killed!).

In business, we have adopted the ‘managing from the back’ model. Look at where the manager’s office is in most buildings – in the spot that’s furthest from the customers. We even call staff at the opposite end of the business hierarchy ‘front-line staff’. In these times of crisis, leaders need to adopt more of the old ‘leading from the front’ model. Both your customers and your staff need confidence from you – your customers to stay loyal and your staff to stay fully engaged. McDonald’s recognised this many years ago when they launched their very successful ‘Back to the Front Day’ (where senior managers spent a day at the counter serving customers). The only question: is once a year enough?

When was the last time you left your office and visited some clients? What stops most managers is they don’t believe they’re good at it – or, at least, they don’t believe they are better than their sales rep, so why do it? They are missing the point. Just the fact that you took the time to go and see them will build loyalty. Also, there are techniques that leaders can use to allow them to perform this more up-front role with confidence. And the leaders who do that will earn greater respect from their staff – particularly their sales staff.

Now is the time when you should have your client loyalty at it’s highest level – before they get the tempting offer from your competitor; not after, when the best you can hope for is an opportunity to make a counter-offer.

The battleground in the business war is the sales market, and salespeople are doing it tough: they are losing long-term clients, experiencing extra delays, encountering unmatchable pricing as competitors go down or try to buy market-share. And this is why leaders need to be better sales people – so they can offer the empathy, support and suggestions that struggling sales staff need from their leader. Even the best sales staff will need help to get a deal over the line in this environment. They need a leader who is sales-focused; otherwise they will get frustrated and look for a place where they are understood. And you want the best sales staff working for you…not your competition.

Difficult times demand change. Often, this will be for the good; but any change is disruptive to staff and threatening to those feeling insecure. This will create a negative attitude towards the change which will compromise its effectiveness. And in a crisis, you need your initiatives to work!

This is another area where a leader needs to be a salesperson – to sell the change. Your task is to sell them a future with you that is better than now…and you’ll never instil that confidence in them unless you can demonstrate it yourself. In wars in the past, the generals at the back most often used their weapons not to threaten the enemy, but to threaten their own (deserting) troops. Now – what does that tell you?

In these times, images of CEOs and CFOs being hauled off to prison are commonplace. Customers’ trust in the senior management of the businesses they deal with has been challenged for the first time and it must be re-established. Smart leaders need to be more visible, personally demonstrating and articulating the organisation’s values. A lot of business leaders have lost the ability because they have left it to subordinates or outsiders (for example public relations professionals) to perform; but in these times they need to reclaim that role.

Smart business leaders will see this as an opportunity to reposition themselves with their staff and clientele so that when the recovery really occurs they are best positioned to reap the rewards.

Kevin is an experienced conference speaker, workshop leader, facilitator and MC. He has twenty-five years experience as a corporate trainer and fifteen years experience as a professional speaker. He runs his own business from Brisbane, Australia, speaking at conferences and seminars across Australia, New Zealand, Asia and in the UK specialising in the areas of sales, customer service, humour in business and communication skills. His clients include some of Australia’s largest organisations, politicians, members of the judiciary, Olympic athletes and elite sports people.

He has co-authored nine books on communication skills and humour in business that are used extensively throughout Australia, New Zealand, Asia, the UK and South Africa. He writes regular columns on communication skills, sales & customer service and humour in business for a number of industry magazines. His articles have been printed in major daily newspapers in Australia and Asia. Kevin is a Certified Speaking Professional (CSP) which is the highest possible level in professional speaking and the only one recognised internationally. He is the Immediate Past National President of the National Speakers Association of Australia.

Open Source Business Intelligence Tools – Advantages

Right now, lots of Business Intelligence implementers and analysts are trying to choose right tools for their BI implementations. And a big percentage of these professionals are trying to figure out how open source BI tools would take the business scene and how would be its performance.

First of all, Open Source Business Intelligence Applications are, from my point of view, capable tools to build and show proofs of concepts, a key starting point for BI efforts. Additionally, most of Open Source BI Applications (OSBI Apps) can be utilized instantly by developers with no licensing costs.

Secondly, OSBI Apps Had reach an acceptable maturity level and friendly graphics users interfaces for developers, aimed by OS Integrated Development Environments efforts like Eclipse, which standardize and make little more easy developers’ work. Then, a developer familiarized with Eclipse, easily can develop a wide range of applications with the same IDE, including BI Apps. Thanks JDBC connectivity, ETL programming can access virtually all databases and data repositories, allowing an easy data integration processes development.

Thirdly, OSBI Apps requires less hardware and software resources that it commercial counterparts, allowing affordable labs or development farms with cheaper servers and storage, even OS’s like Linux.

Finally, OSBI apps support can be obtained commercially from OSBI big players: Pentaho, Jaspersoft, SpagoBI and Actuate offers these support services and many Consultant companies and developers offers outsourcing services based on these tools.

Depending on Business Intelligence services’ demand on any organization, IT units can:

Show projects’ Proof of Concept to obtain approval from users and stakeholders.
Start to offer Business Intelligence Applications and Services to any organizational unit or to all company using these tools.
Upgrading and growing with these Open Source tools or migrates with minimal efforts to commercial tools.
Mixing commercial and Open Source tools in traversed (some units with some tools, other units serviced with other tools) or layered (some layers commercial, some Open Source tools) ways.

Jesus Torres is a software specialist, information systems consultant and systems integrator with more than 15 years of experience.

Open Source is Key to Keep Technology Costs Down For Small Businesses

A recent issue of Entrepreneur magazine had articles on starting a blog, virtual workforce, instant messaging, mobile banking, using Skype and a choice of BlackBerry or iPhone. How are you going to do all of that without gearing up with technology? As a small business, you can leverage technology in one of two ways:

Use expensive commercial software.
Try free open source software for those areas where it meets your needs.

Luckily, the same issue of Entrepreneur magazine went on to offer tips to revamp small business IT for serious savings. One was to use open source software (OSS). They estimated that a small business could save $18,950 per year by using OSS.

Stars Are Lining Up For SMBs To Use Open Source
In the past, SMBs often have been reluctant to bring in OSS because of a lack of in-house skills. While small businesses still do not have deep OSS expertise, that barrier to adoption is diminishing as OSS is becoming more mature, commercial OSS vendors gear up to support smaller businesses and a growing number of third-party support providers emerge. While larger enterprises look at OSS for reducing cost and the ability to customize, SMBs in the forefront of this trend, are viewing OSS as an opportunity to bring in latest technologies that earlier were available only through expensive, proprietary applications, analysts say.

With hundreds of millions of downloads and a visible public profile, Linux, Apache, Firefox and OpenOffice provide shining examples for those who are still either unaware or skeptical about OSS. In addition, we are at a point where you can read in popular print or online magazines successful case studies about larger enterprises using Linux, Apache and other OSS. That eliminates a lot of the concerns that small businesses had about going down an unproven path.

Cost Savings Are Just The Beginning
In our experience, cost savings are just the beginning. CNET Blog Network author and popular OSS columnist Matt Asay puts it more eloquently: “With budgets being cut, now is the time to tap into the innovation and flexibility of open source. Open source isn’t solely or even chiefly about reducing costs, but that’s a great side effect.”

Put On Your Thinking Cap Again
Small businesses are, understandably, gun shy about looking for opportunities to leverage technology to improve their business. Every time they thought of a good idea in the past, the cost of commercial software was so sky high, they not only dropped that idea, but also stopped thinking along those lines. With OSS, that equation has changed dramatically. We invite small and medium businesses to start putting on your thinking cap again. Now you can get creative. With such a wide choice of OSS now available, even if you come up with the craziest creative idea, there probably already is an open source application that can be customized to implement it.