Monday, August 16th, 2010 at
10:12 pm
Incorporating sales, marketing and business development techniques to create unified and integrated messaging for your company is critical. Too many times a businesses’ sales team will sell their services “one way”, their marketing department is positioning their services “another way” and their business development team is pitching a value proposition never heard before. Sound familiar? I bet it might.
This fragmented messaging not only happens to small businesses, it also happens to the most admired fortune 100 companies. When I was a sales manager for a leading Telecommunication provider I quickly noticed the value proposition our Inside Sales team used to pitch our services was different than our outside sales teams. I also noticed the TV commercials the marketing department made never integrated the values and strengths we were taught to sell.
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Saturday, August 14th, 2010 at
10:27 pm
Hi. My grandfather, who owns a small business, is setting up a wireless account with a few employees. He offered to put me on the plan as well, but I was wondering if this is possible because I’m NOT an employee and I am a minor. Is this possible?
Thursday, August 12th, 2010 at
10:19 pm
Almost each and every business needs solid business plan. Business plan answer all business queries such as; what business do in difficult situations, what will be the contingency planning, what will be the exit strategy etc. They also help businesses to get loans from investors or banks. Only solid and professional business plan is able to solve these queries. Not every business person or business owner knows about writing a business plan and mostly owner do not have enough time to write his/her own business plan. So, for this task, they look for professional business plan writers. These day’s business plan writers has great demand. You can easily become a good business plan writer, if you learn basics of it and work hard in this field. It will allow you to earn handsome amount of money, while sitting home.
To become a solid business plan writer, you need to learn the process of business planning in detail. If you learn the needs of the business plan, then you can easily write good business plans. First learn some basic techniques or outline of the business plan. You can easily find this outline on internet. You can spend large amount of time on internet to learn this art and most of the times this information is free of cost. If you spend good amount of time in research and reading, then it’s definitely allow you to learn the art of business plan writing.
After learning basics of business plan writing now you can start to find clients. Try to find small business plans first and practice this art professionally. Time will teach you and gradually you will learn all the pros and cons of business plan writing. First start with small plans then move to detailed and research based plans for big businesses. This will help you learn the art of writing step by step. Do not try to jump on bigger plan to earn more money; you will ruin your career. Once your name is established, as a good planner, then through word of mouth you will earn clients automatically. In this industry, word of mouth is the most effective type of advertising. If you follow these guidelines then you can easily learn the art of writing and you can easily see yourself as a professional business plan writer.
Friday, August 6th, 2010 at
10:45 pm
Small businesses contemplating taking their company to the health care market space will immensely increase their probability of success with in depth preparation. There are ten key areas involved in setting the foundation to sell to hospitals.
The initial action item is to get familiar with the different market segments in health care that center around hospitals. These include Integrated Delivery Networks (IDNs), hospital systems, individual hospitals plus the long term care and clinic components of the market space. Long term care is made up of nursing homes and assisted living centers with out-patient clinics and surgery centers comprising the clinical component of the sector.
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Wednesday, August 4th, 2010 at
10:14 pm
The first step in a small business selling to the hospital market space is being able to identify the different segments that they will approach. This is one of the essential building blocks for them to craft their method to and match the correct messages to their potential clients. There are five major segments in institutional hospital selling for small businesses to focus on.
The largest in size of the segments is the Integrated Delivery Networks (IDN) which is, at its basic level, a multi-hospital system that can cover a large geographical area. The groups have come together to share resources in an attempt to provide better continuity of care for their patients, but for small business vendors the main item of note is that they have consolidated a lot of their purchasing power.
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Monday, August 2nd, 2010 at
10:15 pm
Over 60% of small businesses fail due to a lack of planning and execution of a business plan. When businesses are so small it is rare to have an HR manager, because of that training and follow-up is non-existent. Who would be accountable and how could management implement a training routine to make it beneficial and cost effective?
Saturday, July 31st, 2010 at
10:31 pm
A critical step in preparing for a small business to sell their products or services into a hospital market space is identifying the different decision makers in charge of purchasing decisions. There are five distinct levels that need to be addressed at acute care health care facilities.
At the top echelon of decision making at a health facility is the C-Level and Vice President level. C-Level includes titles such as Chief Executive Officer, Chief Operating Officer and Chief Nursing Officers. The majority of small business owners are technically involved in delivering the products or services of their companies and do not speak the language of this level of penetration. If it is to be approached, homework must be completed on how the small business products or services fit into categories of accreditation issues a facility is having, return on investment, net present value and blue sheets. More often than not, a small business would be better suited to approach the next level down at the departmental director level.
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Thursday, July 29th, 2010 at
10:17 pm
So I’m thinking about making a business plan using small business as the model, instead of big business. My thinking being that there’s plenty of big business, and the market is over-saturated with chains and watered down versions of the original business. I think there’s a type of fatigue over big business, and that the market will shift to smaller business, with better customer service and so forth.
All the stuff I’ve read seems to be pushing me to base my business on a big-business model, streamlined and efficient and the most profits.
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Tuesday, July 27th, 2010 at
10:21 pm
Accredited Online Training (AOT) is now offering a short course in Small Business Advanced. This online course consists of four units of study and is core to the Certificate IV in Small Business Management. If you choose to continue your studies you would need to select 6 elective units to complete a full qualification.
What will you achieve from Small Business Advanced course?
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Sunday, July 25th, 2010 at
10:11 pm
With over $100 billion of federal acquisition dollars potentially going to small businesses in fiscal year 2006, a case could be made that the policies implemented to give small business a fair opportunity in the government marketplace are finally paying off. These results, while not at the congressionally mandated goals for Veteran and Disabled Veteran-Owned Small Businesses, are in line with congressional mandates to provide a maximum practical opportunity for small businesses to participate in the federal market.
The SBA, in conjunction with the Office of Management and Budget (OMB), should re-examine how employee count or annual revenue ceilings are determined for the various NAICS codes. The goal should be to create small business size ceilings that are reflective of the size of most small businesses–500 to 1,000 employees is simply too large for the small business ceiling of most NAICS codes. The Department of Health and Human Services Web site states that 90 percent of all small businesses in the United States employ fewer than 20 employees. When a 20-person small business competes with a 1,000-person small business, it may not be a true competition between two small businesses.
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