Small Business Tips

January 31, 2011

Why Small Businesses Should Have a Website & Tips on Getting Started

Filed under: Small Business Tips — Tags: , , , , , , — admin @ 9:05 pm

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Home Page > Internet > Web Design > Why Small Businesses Should Have a Website & Tips on Getting Started

Why Small Businesses Should Have a Website & Tips on Getting Started

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Posted: May 11, 2010 |Comments: 0
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There are countless reasons why small businesses should have a website, and no reason whatsoever why they shouldn’t. With hundreds of millions of internet users going online on a daily basis, your business could be seen by many people. You will get not only local exposure, but state, national, and even global exposure as well!

Even if you just run a small business from your home, you should still have a website. For starters, your customers might find it easier and more convenient to keep up with your products and services by looking online. Also, some people prefer to communicate through email or instant messaging rather than by phone.

The best way to acquire new customers is through the internet. You can present information about your business and products to the world. Many people want to learn about a product before making a purchase. Include detailed information about your products and how people can benefit from using them on your website. This is a very inexpensive way to advertise and market your small business without having to leave your home or office!

Think about the costs associated with putting an ad in your local paper or a commercial on TV. It costs less than $10 a month to run a website. A domain name only costs around $7-$15 a year; and many domain registration companies provide free hosting with the purchase of a domain name! Starting out, you won’t need very much bandwidth, so you won’t have to spend much money at all. Only when your business begins to grow online will you need to pay for extra web space and hosting.

All you need is a computer and internet access and you can run a small business from your home. A website is a base of sorts for a business, as it contains all of your contact information, product descriptions, prices, information about your company, and so forth. You can give people the option to email you, call you, or send you an instant message.

Having a site will increase your level of professionalism. Just like a well-designed business card, a well-designed website will give your business a favorable impression. People look on the internet to learn about different companies, so if you don’t have a website, they will only learn about your competitors. Other small businesses in your area are getting customers through their websites, so you need to make one yourself to prevent them from getting too far ahead!

Even if you’re not computer-savvy, you can still put a website together. When buying a domain name and/or hosting plan, you’ll be provided with the tools you need for making a website. A site builder generally comes with a variety of templates, color schemes, layouts, etc. It’s a simple, step-by-step process to create a site, so you shouldn’t have any problems. You could also hire a professional designer to make a site for you. It all depends on how basic or professional you want it to be.

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Patricia Spence -
About the Author:

A small business website is a the best way of gaining exposure and obtaining new customers. Websites are very inexpensive and fairly easy to make. Visit http://www.ToMakeAWebsite.org/ to learn, step-by-step, how to make a website! Watch video tutorials and read tips on how to create and run a website successfully.

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Which book would you recommend for a wannabe entrepreneur who want to learn how to start an offline small business?
I have just started my small business ,can i avail cash loan?
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Buying a Small Business – 10 Expert Tips for Buying a Small Business

Filed under: Small Business Tips — Tags: , , , , — admin @ 9:06 am

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Home Page > Business > Small Business > Buying a Small Business – 10 Expert Tips for Buying a Small Business

Buying a Small Business – 10 Expert Tips for Buying a Small Business

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It is always heartbreaking to see well intentioned, hard working people buy a small business they thought was perfect for them only to discover they had over or under estimated life as a business owner.  The good news is this can be avoided quite easily given the right information.

When buying an established small business there are many advantages such as:

The business is already equipped with experienced employees to operate it
There is an existing customer base
It saves the effort required to establish a business in the initial stages
You can focus on improvement of services after buying the business

…to name a few.

If you have decided to buy a business here are 10 useful techniques to help you in making the right decision and avoid common mistakes:

1) For some, buying a small business can also mean buying a job.  Working in the business will have an effect on your lifestyle, so you need to calculate the returns compared to the man hours spent while operating and growing the business.

2) Where to find a small business for sale – Businesses for sale advertisements can be found in trade magazines and newspapers or online. You can make enquiries with business advisors or accountants about any potential opportunities.  You also have the option of listing your requirements via the internet to receive notification or alerts whenever a business is listed for sale.  An online search for businesses can also yield good results.  In addition, you can discover what pending business sales might be coming up through business suppliers, competitors and customers.

3) During your search for a good small business it is incredibly important to conduct thorough research on every aspect of the business – including an accurate business valuation. You need to gather all the information about the owner and their business. The financial claims made by the seller should always be verified.  The due diligence when buying a business should be done with great attention to detail and independent advice from professionals like an accountant should always be sought, particularly if you are inexperienced in reading financial statements.

4) Many would say to look at buying a small business that interests you. They also say “do what you love and you will never work a day in your life.” This is true however, the business must also offer a return on your investment.

5) Check if the seller is open to offering any vendor finance.  Bank finance for buying a business can be limited and this may provide what you need to get going quickly.

6) Always seek professional advice from accountants and lawyers who have experience in business sales.

7) Keep in mind that the asking price of the business is not necessarily the valuation price or even close to the correct value of the business.

8) If you happen to get advice or information from a Business Broker be aware that they are usually working for the seller (they work for the person that pays the commission).

9) Find out what is motivating the vendor terms and conditions can be just as important as price.

10) Educate yourself on the business buying process, learning how businesses are bought, sold and valued.  It really is essential to make sure you achieve the very best outcome for you and your family.

The process of buying a small business is really quite straight forward.   It is very important to gain expert advice from people who have had many years experience buying, selling and valuing all types of businesses.

The simple fact is, if you have all the information, you can get a great business without the ‘middle men’ and save thousands of dollars doing all the due diligence, analysis and appraisal yourself, as good as or even better than the professionals. 

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Lee Artis -
About the Author:

Has 12 years experience on both sides of the fence selling businesses of all types and sizes for her clients as well as acquiring corporate businesses as a buyer’s agent.

Prior to her successful business sales career she had an entrepreneurial background and built several successful small businesses. Her last business was the manufacture and distribution of a range of clothing for women and children Lee had manufactured in Fiji for distribution throughout Australia.

Her passion is small business and developing innovative, internet centered commercial businesses of the future.

Lee is a visionary and has the ability to see new and creative ways to transform old fashioned, traditional businesses.

Lee’s industry experience gives her insight into a new way of buying and selling businesses without the expensive involvement of business brokers. Her belief is so strong that she joined Terry McDonald to write this series of books and published articles to equip people with the skills they need to buy or sell a business themselves.

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buying a small business, business buying, tips for buying a small business, due diligence, buying an established small business

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January 30, 2011

How To Start A Small Business With No Money

Filed under: Small Business Tips — Tags: , , , — admin @ 9:04 pm

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Home Page > Business > Business Opportunities > How To Start A Small Business With No Money

How To Start A Small Business With No Money

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Posted: Aug 11, 2010 |Comments: 0
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There are more than a handful of tips available that will help you learn how to start a small business with no money. This is good news because there are millions of people that want to start a business but they do not have a lot of money to invest in the business.

When it concerns learning how to start a small business with no money, the first thing you need to do in order to achieve success is to use simple strategies. Strategy number one is that you must avoid using conventional business start up activities that include doing the hiring, incorporating and renting of spaces. These can all be done after the business has taken off.

Secondly, you need to make an effort to do everything necessary to get your small business going by yourself. Do not hire people to do things; instead, do these on your own. This might mean that getting your small business started off and running will take longer but it also means that you will not need to spend a lot of money.

Thirdly, make use of a few tips and tricks that will help you start your small business with no money. Tip number one is to not rent an office and instead you should start working from your home or even from a free office location (if you can find one.)

Fourthly, do not hire legal eagles or technical persons or even graphic designers. Instead, find a free lawyer and get some legal advice from a mentor. Find websites and look for legal documents that look like you can use them and then modify them to suit your needs.

Instead of incorporating a company, start off as a sole proprietorship and then when your business prospers you can think about incorporating a company.

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Devin Dozier -
About the Author:

Devin Dozier offers more information on earning money online at: Home Jobs Online. Also visit: Make Money At Home

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I have just started my small business ,can i avail cash loan?
Hi there we have opened a small business in ontario and need more money for inventory and advertising are we eligable for anything like this?
Which book would you recommend for a wannabe entrepreneur who want to learn how to start an offline small business?

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Trade Show Displays

Filed under: Small Business Tips — admin @ 10:49 am

Speaking of Trade Show, most companies in specific industry will need it to demonstrate their new products and services. This Trade Show usually open to public or just to company representatives. This is very important because their products will be known in public. Trade Show usually needs some costs for space rental, trade show displays, promotional, etc. In order to make a good exhibit, you will need a person or company that can handle your trade show displays. Camelback Displays, Inc. offers full service that can help companies and organizations with their trade show or presentation display needs. They have many products such as exhibit booths , logo floor mats , trade show displays, etc.

One crowd control often we look is stanchions, simple way to keep much people in one place can state of proper orderliness. We know velvet rope or barricades can use to less trouble if controlling riots or demonstrations are held. Usually this tool build from many material. Seldom we can get from steel, straight, lightweight, visible, last longer and other material. A police usually use barricades for traffic control, security and privacy. There are fence barricades, traffic cones, pipe and drape walls.

Now, all of this product we can get by online shoping. We can get more cheaper if we can selective and get right online store. get more informations before you buy crowd control for your campony and make sure you get best product in here truss: .

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How to Find and Buy a California Small Business

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How to Find and Buy a California Small Business


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Home Page > Business > Business Opportunities > How to Find and Buy a California Small Business

How to Find and Buy a California Small Business

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Most potential business buyers don’t realize that 80% of all business buyers (those not utilizing the BizBen Network)  are unsuccessful in buying a small California business. As the Director of the BizBen Network I talk and consult with potential business buyers on the phone daily, and hear, repeatedly, the frustrations and problems connected to searching for and buying a California small business. The concerns I hear are typically universal.

Buyers need to utilize both “Pull” and “Push” buyer search strategies and techniques to be successful. They need to pull the right information in, and push their information out to the right contacts and resources to find and buy the right California small business for sale. Small business buyers who don’t use these strategies (and the tips listed below) can expect that it will take anywhere from six months to two years to find and successfully buy a small business. Using the techniques/strategies below and utilizing the BizBen Network, will shorten the search and buying process to an average of three to eight months!

Top Tips & Strategies For Buyers Of California Small Businesses:

1. Know The General Types & Locations Of Small Businesses You Are Searching For

As a buyer you need to narrow down your search requirements–you need to know the business types and locations that meet your needs. As a former business broker I know that I would spend less time with potential business buyers who were unable or unwilling to narrow down their targeted search criteria or desired geographic locations. It’s fine to have several different types of businesses in mind–and you don’t have to be business specific–but there is a big difference between manufacturing oriented businesses and restaurants. Make sure to communicate those preferences to brokers, agents, and intermediaries.

2. Have A Buyer Profile & Personal Financial Statement Form Completed

All potential small business buyers should complete and have on file a Buyer Profile and Personal Financial Statement form. These completed documents should be faxed/emailed back with all Non-Disclosure/Confidentiality Agreements to business brokers, agents, intermediaries, and business owners. Providing these completed forms to sellers and brokers shows you are serious about buying a business, and saves them, and you, a lot of time and effort. These forms will also be requested from potential financing sources and landlords when negotiating the current or new lease on the business being purchased. Buyers signed up with, and participating in the BizBen Network get these forms as part of their initial consultation.

3. Get SBA Loan & Other Financing Pre-Qualified Before Starting The Search Process

Knowing whether your are pre-qualified or able to obtain financing to buy a small business will not only save you time but will educate you about what options you have with potential deal structures, so you’re prepared to negotiate effectively when dealing with brokers and sellers. There are approximately 16 different “data-points” financing companies and banks utilize to see if you are a viable candidate for business purchase financing. You need to know your options before you write an offer to buy a business. All buyers that join and utilize the BizBen Network get SBA loan/financing pre-qualified (all financing options are explored) as this is such an important part of the business buying process.

4. You Need To Get Your Info & Criteria “Pushed” Out

As a potential buyer of a small business, once you have the types and locations of businesses you are interested in, know if you are pre-qualified for financing (or what types of deal structures you should be negotiating on your behalf), you need to “push” your criteria and information out. Exposure is the key here. The more brokers, agents, intermediaries, and advisors that have, and are ready to act on your information, the more likely you will find and buy a business. You need to have your information being presented to all potential contacts at all times!

5. You Need To Reach “The Hidden Market” With “Push” Techniques

Sixty percent of all small businesses for sale are not “officially” on the market or advertised as being for sale. By “pushing” your information & requirements out to ALL intermediaries, potential seller/owners, and advisors, you will have access to many more great deals and “hidden” businesses for sale.

6. Respect The Confidentiality Of A Business Sale

Confidentiality when selling a small business is usually highly important to the owner of the small business and to the intermediary (business broker) who is representing the seller. Be prepared to sign a confidentiality or non-disclosure agreement and make sure you include back with this document your completed Buyer Profile and Personal Financial Statement (see step 2). Do not share information of a potential business acquisition target with anyone – save your sharing of information when working on your due-diligence with a CPA, consultant, or attorney. Those who don’t abide by the requirements for confidentiality, will be placed on the “do not deal with this buyer” list maintained by most intermediaries. There could also be legal ramifications depending on damage that results from the sharing of confidential information.

7. Search Daily, Be Diligent About The Search Process

Buyers need to search almost daily to find the right California business to buy. Over 200 new listings are added daily to BizBen.com and many of these listings get multiple offers right out of the gate when available to the market. Make sure you are signed up for Instant Daily Email Alerts & Daily Email Reports of new listings through a BizBen Power User Account (buyers in the BizBen Network get this set up for them during their consultation with a BizBen Counselor). Remember to do both: call and email potential sellers (see step 8 below)–make sure your message and your interest get through.

8. Don’t Ignore Older Business For Sale Advertised Listings

Just because it’s older doesn’t mean it’s a bad listing. Deals fall out and come back on the market, deal structures and prices change constantly. I counsel potential business buyers all the time to focus on older listings also (instead of just new listings on the market) since sellers of the older listings usually get more realistic, more motivated, and have “been around the block” a few times with a few buyers. Owner/Sellers tend to get more realistic about pricing and deal structures after a time on the market.

9. Call & Email (Both) When Inquiring About A Business For Sale

When finding a potential business to buy on sites like www.BizBen.com make sure you both phone (leave a voicemail if no one answers) and email the seller, broker, or agent! Many buyers just phone or just email. DO BOTH! And if you don’t get a return call or email within 6 hours, do both again. Show that you’re interested. With better listings for sale there is usually a demand for information from many potential buyers. Remember you are in competition with other buyers – show your strong interest by both calling and emailing the seller or broker.

10. Get Your Team Of Advisors In Place & Ready For Action

Select your team of advisors (contact the BizBen Network for an advisor or resource in your area) .CPA/accountant for due diligence, attorney for assistance with contracts, SBA and non-SBA loan financing sources, etc. Be ready with these professionals now so you don’t kill time looking for them while the seller selects another buyer, believing that you weren’t ready to proceed to buy his or her business!

Being successful in buying a California small business takes time and diligence, but if potential buyers utilize the tactics listed above their success will be assured.

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Peter Siegel -
About the Author:

Peter Siegel, MBA is the Founder of www.BizBen.com (7000+ California businesses for sale – 200 new listings added daily) & Director of the BizBen Network – a California alliance of 16,000 business buyers, 4,000 small business owners, 1,800 brokers, agents, intermediaries, and 600 advisors/resource providers. Mr. Siegel has written three books on the topics of buying and selling California small businesses. They include “Buying A California Business – The Ultimate Guide For Savvy Business Buyers!” For more information about BizBen.com, joining the BizBen Network, or for a FREE consultation call Peter Siegel direct at 866-270-6278.

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