"To enlarge or illustrate this power and effect of love is to set a candle in the sun."Robert Burton
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Competing for Potential Clients - Small Business - Elder Care Industry Are you a small company without the budget to afford a full time marketing person? What can you do to help potential clients or key referral source find you? Where are your potential clients? Is this person in your local area? Is he or she in another ...
Small Business Brokers This article provides useful, detailed information about Small Business Brokers. Business brokers act as matchmakers in the world of business. They bring together small and medium-sized businesses. Small businesses have their own limitations ...
Small Business Phone Systems A Brief Explanation How a business presents itself to its customers has to be the single most important factor in its potential success. In days gone by usually your first contact with new customers would have been through your storefront or through word of mouth, passed on ...
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We believe that there are 3 factors that drive the success of small businesses.
1) Acquiring start-up capital
2) Finding customers
3) Accounting for, budgeting and controlling sales and expenses
The following resources will help your small business achieve these success factors.
Acquiring Start-Up Capital
An adequate supply of capital is essential as many profitable businesses fail because they don't have enough cash to pay their employees and suppliers. But what is an adequate supply of capital? The only way to tell is by doing a significant amount of research on your potential market and formally documenting this in a business plan. I'm sure you know that a business plan is a very important document that is crucial to convincing your banker to lend you money.
There are two ways to obtain a business plan.
1) Do it yourself by amending a business plan template, or
2) Hire a professional to do it for you.
Obviously obtain 1) will be a great deal cheaper.
Our research led to a website that has over 60 high quality and free business plan templates. We also found a directory that you can use to easily find a business plan writer in your city – where ever you live in the world.
Finding Customers
Finding customers is a difficult and expensive task for service business owners such as accountants, lawyers and plumbers. We believe that a cost effective marketing strategy for service business owners is to simply give all their personal contacts a few business cards.
Our research led to a few websites that have pre-designed business card templates. We felt that the diversity and quality of these designs was outstanding. In addition, we found that you can obtain a significant saving by finding a printing service on the Internet. We found that you could get 2,000 full color business cards for as little as US $150.
Accounting For, Budgeting and Controlling Revenue and Expenses
Accurate accounting is very important for small business owners. It's essential that you have timely access to information that could make or break your business. If stocks are running low – you need to know about it. If a large proportion of your debtors haven't paid – you need to know about it. If you do not react to these situations quickly you may have a situation where you don't have enough money to pay your employees – or worse still someone is stealing cash out the till.
Our research led to a website that compares and reviews top accounting software for small businesses. The cheapest software cost US $89.99 and the most expensive software cost US $1,499. It was interesting to note that the top 3 ranked websites were not the most expensive and cost between US $250 - US $300.
Hopefully you now have an idea of some of the tools that you can use to grow and maintain your small business. If you would like to benefit from our research please visit our website. We do not charge for this research and offer the content freely on our website.
About the Author Best Quality Small Business Resources
Ryan Hough is the webmaster of best quality small business resources.com, who's aim is to help you save time and money by finding reviews and case studies that will enable you to choose the best resources at the right price.
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British Interest Rate at Historic Low - BusinessWeek So here’s a quick quiz. Name the odd one out: the Jamestown colony, British monarchs William and Mary, and the number 1.5. Give up? Well, the first two were around back in 1694, while 1.5 — as in the Bank of England’s (BoE) benchmark interest ...
US Treasury slammed over bailout - ninemsn A US congressional panel on Friday sharply criticised the Treasury for its handling of a $US700 billion ($A981 billion) financial bailout fund, as they moved to demand more transparency and accountability. The panel tasked with scrutinising the ...
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Government to guarantee most loans to small firms - Reuters UK LONDON (Reuters) - The government plans to guarantee up to 80 percent of loans to small businesses to try to stimulate the economy and help employers cope with the recession, the Guardian reported on Saturday. Prime Minister Gordon Brown's government ...
The Hartford Forms Distribution Partnership with Intuit - TechWeb Intuit will market The Hartford's XactPAY Web premium payment platform, and the carrier will in turn market Intuit's payroll solution to its small business commercial agents. The Hartford and Intuit Inc. (Mountain View, Calif.), a provider of ...
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