Do you remember your dating days? When you met someone, something clicked, and you began the ritual of dating? It might have been a long time ago or you may be in the midst of this now, but there were and still are rules.
How-To
Resources for Top Tech
BestVendor
What is it?
BestVendor is a social sharing website that offers recommendations on apps and software that are beneficial for businesses. Since the recommendations come from other business owners and entrepreneurs, everything is tried and tested.
How to Set Up a Contingency Plan
It is impossible to prevent all disasters, but it is possible to minimize the risk of a disaster or the damage from one. Having a contingency plan and testing it regularly can make a difference in the event of a manmade or natural disaster. It can also make the difference between a timely recovery and a long and difficult one, and affect the cost of recovery.
10 Ways Entrepreneurs Can Reduce their Supplier Costs
The typical entrepreneur is too busy to get three quotes from different suppliers for each good or service needed to launch their business. This is the best practice of larger public companies and government agencies that have purchasing or procurement professionals on staff. If you don’t have time to do this, utilize one or more of the ten negotiating tactics above to reduce your expenses.Here are ten negotiating tactics entrepreneurs can use when negotiating pricing with suppliers:
What I Didn’t Know When I Started My Business
I started Red Rabbit (a New York City-based healthy school meal provider in the N.Y. metro area) in 2005 with a vision and a passion—that good nutrition is essential to a child’s academic growth, physical health, and behavior. What I didn’t know was how to make a business out of a passion.
For entrepreneurs who want not only to grow their businesses organically, but also strategically, I offer a few nuggets of advice.
The Best Apps for iPads and Tablets
Business owners discuss the apps they feel are most useful for their business.
Caroline Green, IvanExpert
Keynote
“Keynote is like PowerPoint for Macs, and uses presentation software. You can make a PowerPoint presentation on your computer, put it on your iPad, and use the iPad to actually give the presentation. We’ve used the app and connected it to a projector, which was really cool.”
Why I Tossed Your Business Card
You’re at an event or having a client first meeting and like a gunslinger you quickly reach into your pocket and BAM—you whip out your business card.
No matter if it was asked for or you offered, most people take the card and smile while putting in their pocket after pretending to actually look at it. Once back at the office, they might enter your information into their contact database or even follow up with a phone call. Then again, the round file might be the first stop for your card.
Is Your Company Zero Risk?
Perfect circumstances are rare, and the exception. You can count on human error, call offs, customers being late, technology breakdowns, service interruptions, out of stock items, and undependable vendors. Is your company prepared? Are your frontline employees trained and ready? If these things are normal daily occurrences, then tell me why most employees act like a deer in headlights when they do occur?
What Is Zero Risk?
Strategies of Engagement
We’re bombarded with so many marketing messages that most of them blur by us, having made no impact—and having provided no return for the marketers who invested in those messages. Direct mail is circular filed, unread. The rise of the DVR means most 30-second TV spots go unseen. As a marketer, you can’t change the reality of advertising overload, but you can still connect with your audience. How? By pulling your audience in with information that interests them.
Flex Your Workforce
Maybe one of your employees has already approached you about adjusting his or her hours and working flexibly, or you’ve considered hiring someone part-time to get a project off the ground. If you are unsure how these types of arrangements can work in your business, two experts provide tips for incorporating flexible employees into your plans.
Google+ or Minus?
Like so many of us who are working on our profiles and accounts such as LinkedIn, Twitter, and Facebook—plus blogging—another social media service to keep up with just seemed less than appealing.
Grow by Knowing How Not to Grow
About 15 years ago, someone once told me, “A strategy isn’t just what you decide to do, it’s what you decide not to do.” And a couple of years ago, serial entrepreneur Steve Messer added something to the effect of “As an entrepreneur, you need to balance unlimited opportunity with finite resources.” I don’t know about you, but the entrepreneur in me really wants to do 100 things at one time (surprising once you find out I started my career as a CPA), which I do know is a recipe for disaster and a sure-fire way to piss off your team.
How to Turn Around a Failing Company
Stressed? Worried about this year’s numbers? Apprehensive over changing technologies? Concerned with competitors determined to undercut your pricing? Business owners and executives that answer yes to any of these questions are… completely in the norm, and certainly not alone.
Becoming a Sales Coach
A lot has been written about sales training and its importance to the success of a business. And rightfully so. A well-trained sales force is not only essential for bringing in revenue—the lifeblood of your business—it can also provide your business with a competitive advantage. But what about sales coaching?
Training vs. Coaching
3 Reasons to Use a Tablet for Business
“Everyone in our office has an iPad,” says Stephen Jackson, co-founder and general manager of RDZ Media Group, LLC, a New York City–based mobile social media agency. “You really have to consider what you’re going to do with the tablet,” says Jackson. “In the beginning, it was a toy. Now, we see it as a serious business device.”
More and more, business owners are realizing that tablets can be used for more than games and catching up on TV shows—and they can actually be a boon to their businesses. Here are a few ways you can take advantage of tablet technology:
A Culture of Ownership
As you have experienced yourself, when doing business with a vendor or service provider, the experience you have as a customer who deals directly with the owner of the company is often much different than if you deal with an employee. I imagine the owner went out of his way to make you feel valued and appreciated and treated you as if you were his only customer.
Share Your Business Story on Facebook
Facebook Pages recently moved to a format that will help businesses and organizations better express their identities. Here are some tips to optimize your Page and to feature content that helps you keep connecting and telling your story in an authentic and engaging way:
Fight Back Against High Gasoline Prices
The high price of gasoline is weighing heavily on small businesses these days. While small business owners may feel powerless at the pump, there are a number of things to do to reduce gasoline consumption.
Six Tips for Financial Fitness
As the days get warmer, our January resolutions often fall by the wayside. The goals that accompanied the New Year sounded great back then, but we quickly realized they were a lot tougher than we expected. A top resolution for many is to lose weight and get in shape.
It is a great goal, but often unsuccessful. Getting in shape isn’t easy and takes time, especially if you want long-term results. After all, the pounds gained during the holidays happened over many weeks. It makes sense that a problem that took weeks will also take some time to resolve.
Tools for Digital Marketing
Movable Ink
What's it about?
Movable Ink brings email marketing into the 21st century by adding real-time content into your company emails, meaning that the content can change after you send it. This can be as simple as adding a live Twitter stream to your signature or as complex as real-time inventory counters, local maps, device targeting, and optimized creative content that automatically changes depending on what's more successful in live A vs. B tests.
How can it help?
It’s Not Business, It’s Personal
That’s right, it isn’t business as usual anymore, and it hasn’t been for a few years now. Rating sites and social media—the internet—has changed things forever. Yelp, Yahoo, Google, Facebook, Twitter and now Google+—this is the new frontier and these sites require attention and demand relationships with others. Yes, relationships. That means listening and chatting. If you are a B2B business, this means you, too.
How to Maintain Profitability and Eliminate Shrinking Margins
Through good times and bad, the number one challenge business owners face is making more money.
And the answer, historically, has been simply to sell more product and services. Now, thanks to competition, the internet, and changing technologies, even those selling more are making less as they are squeezed on margins, and consequently, profitability. Today’s buyers are much more savvy about purchasing options and tend to be more concerned with price and less with loyalty.
Three Tools for Dealing with Debbie Downers
Every day I wake up reasonably happy, fairly contented in life, and ready to face the work at the office. Then I drive to work and tune in to the radio, which is blaring about an impending storm, the downfall of the stock market… and poof—I’m at work, where I am greeted by the phone ringing and an email stating that the deadline of the project has been moved – up! My child calls from school to say she has forgotten her musical instrument for today’s concert just before the annual performance review is about to start an hour early.
How to Implement a Great Idea
Consistency and Continuity
The two most important words in the success of implementing systems are consistency and continuity. Nearly every company has more ideas than it knows what to do with.
Here’s a scenario familiar in every company: Some executives attend a fantastic seminar, get dozens of great ideas, and return to work all fired up and eager to start executing all those ideas. A month later, not even one idea is being executed even 10 percent of the time. The managers are either preoccupied with a crisis or have moved on to a new focus.
Performance Evaluation Made Simple
Whether you ask the reviewer or the employee being reviewed, “Do you like the performance review process?” I guarantee that you will get the same response: “No.” We sent a man to the moon over 40 years ago, but we can’t seem to find an employee review process that people don’t hate.
Well, for the past two years, we tried something new here at NY Report and I think we are on to something. So I would like to share our process with you.
How to Alleviate Next Year’s Tax Time Anxiety
It’s that time of year when everyone and their mother is professing last minute tips about taxes, and the sheer volume of this messaging directed toward business owners is particularly overwhelming. You’re reading about IRS loopholes and special extensions and whether or not you qualify. You’re being told to file as early as possible. (Didn’t another article tell you to wait until the last minute?) Either way, there’s too much noise come tax season. And the worst part? This eleventh hour isn’t even the most opportune time for business owners to be thinking about taxes.
How to Get Started With Online Video Marketing
Done right, video converts. From lead generation, to pipeline development to differentiating yourself during the sales process, online video marketing can provide your business with a strategic marketing edge. And taking advantage of video in your lead generation and sales efforts doesn’t have to be expensive. In fact, it’s never been easier.
3 Steps to Finding Clients Abroad
During one of my first trips abroad, my partner and I were sitting in the lobby of a Moscow hotel, people-watching and wondering how to go about finding customers for our newly established, fledgling communications distribution business. Hearing the familiar English dialogue, one of the patrons approached us and we struck up a conversation. He turned out to be a mid-level executive working for one of the major Canadian oil companies drilling for oil in Northern Russia, just inside the Polar circle. After finding out about our business, he gasped.
3 Ways to Congratulate Yourself
It’s 3am and I spring out of bed and head for my computer. I have tried not to do this. I have attempted to trick myself into thinking if I don’t get out of bed that I will remember the idea that danced across my dreams without writing it down. That never worked. I always forget it unless I email it to myself or my staff at the office. They must think I am literally out of my mind with these random emails that may only make sense to me the next day.
Using Milestones for Marketing
Whether it’s commemorating your business’ 25th anniversary or celebrating your 250th customer, anniversaries, milestones, and awards and recognitions are prime opportunities to promote your business. These occasions can be used to retain existing customers and generate new ones, raise the profile of your business, and help shape your company’s future. Here are a few ideas for maximizing your milestone:
One Tech Rule You Need to Know
There is one technology rule that even the most seasoned IT professional cannot prevent from happening: All Hard Drives Fail! So even if you’re not a computer whiz, you should be familiar with the term “backup.” Unfortunately, too many businesspeople aren’t familiar with or have forgotten its importance. But repeating the rule under your breath three times and saying it frequently to your employees will lead to sound backup strategies.
5 Steps to Creating a Rewarding Workplace
When budgets are tight and raises are not a realistic possibility, how can you keep employees productive and committed to your company? Although a competitive employee benefits package that includes health care and other components, such as a 401(k) plan and disability and life insurance, will always be valuable to employees, there are many other types of initiatives that are also meaningful and effective. Consider instituting a recognition program to reward employees for jobs well done. Here are five components for creating a successful program:
5 Steps to Dealing with Data Overload
It’s no secret that modern businesses are awash in data. IBM’s recent CMO study shows that over 70 percent of marketers say that the data explosion is what they feel the most unprepared for, and it’s no wonder: every day we create an additional 2.5 quintillion bytes of data—so much, that over 90 percent of the data in the world today has been created in just the last two years.
Gas Prices Got You Crazed? Get a Grip!
The rising price of gas is an issue pertinent in all of our seminar topics. How does the rising price of gas fit into a work/life discussion? Very easily! In this economic climate, Americans are constantly stressed about finances. I regularly see people beginning to spin out of control. The biggest key to work/life balance is being prepared to handle whatever is thrown your way, and the rising cost of gas is a big obstacle to manage. Every person and every family needs to regroup and take another look at their budget.
Motivate Your Sales Team in a Challenging Economy
The economy may take one step forward and 12 steps back, but you still need your sales team to bring home the bacon. They’re slugging it out, day after day, listening to their prospects tell them the same excuses. The excuses and the lack of sales (as well as decreasing personal income) have the team down in the dumps. Motivated? Not so much.
Protecting Your Network from a Terminated Employee
When’s the best time to start protecting your network from a terminated employee? Before you hire the employee.
In the days of paper-based records and information, it was possible to simply escort former employees out of the office, assuring that they took only personal effects with them. Today, with electronic information and paperless offices, it’s much harder to determine if a terminated employee is removing valuable company information, or has retained access to your system.
Understanding Why People Buy, and Why They Buy from You
Ah, the age old questions: Why do people buy? And why do they buy from me?
If we could just figure that out, we might be able to sell more stuff.
The New Digital Divide
It was a little more than 10 years ago that a national conversation started about “the digital divide,” the fact that not everyone had the same access to digital technology. The infrastructure simply wasn’t there. Regions of the country were woefully underserved, and socioeconomic status dictated how easily you could connect with the world online. With time, that gap has narrowed. Advances in technology have made it possible for nearly everyone to have reliable access to the web. The playing field may not be entirely level, but it’s a lot smoother than it used to be.
Going Mobile: QR Codes and Snap Tags
The buzz for 2012 is mobile. Everything is mobile; everything needs to be mobilized.
First, go to your mobile phone and if you have the ability to access the Internet, check your website.
If your phone doesn’t have this feature—first, put it on your list to upgrade your darned phone already—then borrow a friend or colleague’s phone to perform this test.
How does your website look? How does it perform? If you can’t easily see, read or interact with your website then next on your to-do list is update your website or have your web designer create a mobile version.
You Can Raise Prices, Even In This Economy
The benefit of raising prices is… well, isn’t it obvious? Given that it is so vital to long-term success, one would think that businesses had already figured out how to do it well. The truth is that despite watching Starbucks, Denny’s and Delta Airlines raise prices at the beginning of this year, many firms are wrestling with this challenge.
How to Use Microsites to Your Advantage
Overcome a Business Plateau
Businesses, like people, mature. Their growth stops and their energy level may slow down. Many become set in their ways and are resistant to change. In other words, like people, companies get comfortable; even those that started with exponential growth.
Businesses based on cutting-edge innovation are not immune, either. The recession may have brought businesses’ plateaus to the forefront, shaking business owners out of their doldrums, and forcing them to make changes. But change does not automatically equal success.
5 Rights of a Business Owner
Businesses spend a lot of time dealing with the rights of employees. Law firms have been built on these rights, human resource professionals spend considerable effort in getting managers to abide by them, and managers often feel paralyzed by them.
But business owners and their managers have rights, as well. They often hesitate to exercise them for fear of offending someone. Yet if you practice them, you can become a more relaxed manager with a more productive staff.
Importing Management Skills
While learning how business is done in other countries is crucial to taking your company abroad, incorporating cultural elements from foreign markets can help you improve dealings with clients here in the US. After a recent business trip to China, I identified several key take-aways that business owners can adopt to improve their workplace functionality.
Does a Hot Market Really Offer Opportunity?
China, Colombia, South Korea, India, Brazil, South Africa, Russia—these headline making countries appear to offer the greatest growth potential. Having experienced strong growth trajectory, these countries are busy developing their infrastructure. Middle-class consumption is on the rise. Yet, any US business seeking to venture abroad should not simply be seduced by the glamour and promises of getting rich quick.
Improve Your Relationship with Your Business
As a business grows, entrepreneurs must often reinvent themselves as a rite of passage. It’s often the very work habits that help you achieve a level of success that hold you back from getting to the next level. Being involved in all areas of the business, making every decision, and managing every outcome in the company becomes unsustainable as your business grows. I’ve gone through several reinventions as my own business grew and changed.
10 Ways to Achieve and Maintain Profitability
Reaching the break-even point is a thrilling moment for all self-funded entrepreneurs. At this point, you believe you will operate profitably and generate positive cash flow far into the future. Here are 10 tips to help you achieve that dream:
1. Leverage everything you do. Every time you provide a service, make every effort to “productize” that service and offer it to other prospects and customers. Include the new service on your price list, if you publish one.
How to Hire the Right Web Developers
“You’re an analog player in a digital world”—a great line from Ocean’s Thirteen. I wonder: Is your company’s website a static brochure in a dynamic Web 3.0 world? Is it time to take the plunge and update your virtual presence? And if so, with so many changes in technology, how do you embark on redesigning your website?
Top Technology Trends
Part 2 of 2
Last month, I wrote about five technology trends that will impact SMBs (small and medium businesses) in 2012. Here are five more.
Building the Right Company Culture
Employers too often think about workplace conduct strictly in terms of legal compliance. They need to think more broadly to avoid the scandals, risks, and costs associated with bad workplace behavior. They need to focus on building a workplace with a higher standard of behavior than the one prescribed by any law.
5 Reasons Your Company Blog Is Failing to Bring in Leads
Over the last five years, company blogging has really taken off. A tiny fraction of those businesses are succeeding in their efforts, using blogging as a way to bring in leads through their sales funnel and converting those leads into paying customers.
So why isn’t your blog doing the same?
Update Your Digital Marketing Strategies
NY Report recently held the 2011 Sales & Marketing Playbook Conference, sponsored by Constant Contact. Five experts spoke over a series of three breakout sessions at the Crest Hollow Country Club in Woodbury, NY. Here are a few takeaways from the event.
Use Your Website to Level the Playing Field
Great Marketing That Makes Money
For most companies, there are ways to turn marketing efforts into profit centers. Of course, every situation and every company is different. Creative marketing solutions do not apply across the board.
But in all cases, it pays to think outside the box. I like racking my brains to think of ways to turn marketing efforts into profit centers. And I have found that it is usually possible.
Improve Productivity with Interactive Dashboards
Static CRM dashboards required users to spend lots of time and energy putting data into the system. And getting data out of these databases wasn’t much easier. For some companies, the time spent entering the many data points from a client or prospect was overtaking the supposed benefit, and the difficulty of producing meaningful reports to turn into sales efforts was painful, if not impossible.
Confessions of a (Former) Bad Salesperson
I started my career as a CPA and then become a CFO and CEO before starting a media company called NY Report. Up until I was in a position where I was out selling advertising for the magazine, I thought I knew how to sell. When I was a CFO, I was riding my sales managers and salespeople, asking why things their pipeline was taking so long to convert into revenue. Looking back, I was probably wrong more than I was right, because I didn’t know crap about sales.
How Do You Market Your Business on Quora?
If you haven’t become active on Quora already, you may soon miss the opportunity to use the platform before it gets as crowded and competitive as Facebook, Twitter, or LinkedIn. Hailed by some as the next big social media platform, this fast-growing and buzz-y question-and-answer site is a unique opportunity for marketers who want to promote the brains behind their brands.
5 Steps to a More Secure iPad
A client recently called. “I just lost my iPad,” she said. “And I have my company files on it, including all of our financials.” Without missing a beat, we were able to remotely erase all of the data she had on the iPad, change her passwords on the device and her email, and ensure that her critical data was protected. While the client was initially concerned about the risk of exposure her data faced between the time she realized she lost her iPad and the time we remotely erased that data, her data was protected because she took a few simple preventative steps.
Best Practices in Time Management for Salespeople
One of the most difficult tasks for business owners and sales managers is to gauge whether employees are making the best use of their time. When it comes to salespeople, it’s even more difficult because they spend a significant portion of their time out of the office—and out of sight.
Nevertheless, since your salespeople are the lifeblood of your business, it’s imperative that you have a solid understanding of how they’re using their time, and coach and help them to be as efficient and productive with that time as possible. A salesperson’s time is literally money.
Bringing New People into Your Organization
For 35 years, Jack Killion bought, sold, started from scratch, and merged companies in a range of sectors including equipment manufacturing, consumer and business-to-business publishing, industrial polymer processing, and agriculture. Today, he is the managing general partner of Eagle Rock Partners, which provides venture capital funding to emerging companies, and he is Entrepreneur-in-Residence at the Rothman Institute at Fairleigh Dickinson University in New Jersey.
10 Ways to Deal with Entrepreneurial Stress
There are many words to describe the entrepreneurial experience: exhilarating; challenging; all-consuming; rewarding; frustrating. I would add "stressful" to the list. Here are ten ways to manage the inevitable stress that entrepreneurs face:
1. Realize that the only person who can put pressure on you is you. Have you ever noticed that some people let criticism just roll off their backs while others are greatly affected by it? The difference is in how they choose to handle criticism, pressure, and adversity.
10 Ideas for Your Company Blog
You know you should be blogging for your business, but maybe you just don’t know where to start, or you are fearful of how to sustain the momentum once you begin. Join the club. Most entrepreneurs I speak with have more fears about blogging than they have about their taxes. The first step in conquering these worries is to understand why you should blog.
Search Engine Optimization
Wealth Management After the Downturn
If you survived the economic tsunami of the last four years, you know that not everyone lost their house, but everyone got wet, and some came out soaked to the bone. John Keynes, the influential British economist, once said “the market can stay irrational longer than you can stay solvent.” Many entrepreneurs found their businesses on the edge of survival; it could go either way.
5 Ways to Strike Sparks of Creativity
There are times when you or your staff are feeling less than inspired but creative problem solving is essential. And there are some people— maybe even you—who fear the blank page or any situation in which they must use their creativity (technical term: getting creative-now-o-phobia).
Socializing Your Employees
Best Buy has their employees engage in Twitter streams. IBM and Intel are encouraging blog participation. Big business is embracing social media in a big way. So what does this mean for you as a small business owner? How can you leverage your best assets–your employees– to spread the word about your brand without damaging the reputation of your business?
5 Apps for Serious Business
Smartphones are sometimes described as pacifiers for adults. That only applies if the devices are treated like toys. Before downloading yet another restaurant finder or bird-themed puzzle game, consider the following apps to help improve productivity.
Manage Your Connections Better
Addieu
Critical Guidelines for Developing a Successful Strategic Plan
Out of Office
The prospect of moving out of your home office, or the local coffee shop, to procure your dream office space, and designing it just the way you want it can be quite exhilarating. Maybe you have office space that leaves a lot to be desired, or your business growth has created the need for a satellite office or extra space. Unfortunately, the costs and commitment associated with leasing and building a dream office space often do not align with the financial abilities of many business owners.
Three Ways for Entrepreneurs to Increase Sales
Who Will Buy My Business?
After 35 years of helping family business owners develop strategic succession plans for their businesses, I have discovered that there are three main groups of potential buyers. About 30% to 40% of business owners will sell to one or more family members, 15% to 20% will sell to qualified key managers (because family members are not interested), and 15% to 20% will sell to an outsider. The pricing and terms of the sale can be totally different for these three types of buyers.
Why All Business Owners Are Publishers
As a business owner, you have many jobs—chief strategist, salesperson, and occasional employee therapist. If you haven’t already, you can add one more title to your job description—chief content marketing strategist. Due to the rise of social media and connectivity in general, content marketing has become essential to any business’s marketing strategy.
Three Tips for Finding the Best New Hires
Entrepreneurs and small business owners cite finding the right employees as a recipe for success. Finding those employees, however, can be a long and arduous process. Entrepreneur contributors John Burgstone and Bill Murphy Jr. tackle this issue by offering three fundamental questions employers should ask potential hires.
Sustainability for the Rest of Us
If you have less than 50 employees, work in an office, and want to participate in the “people, planet, profits” business model, you have probably noticed the lack of conversation about options for you. A lot of green business discussion focuses on alternative energy, local sourcing, recycling, and other approaches as they apply to big business. For example, its’ not possible to put solar panels on your fifth floor office suite and you can’t package your goods in sustainable materials if you are a service business.
Tech Tools for Improving Sales
Business buyers’ behavior has changed radically over the last several years. One big change has largely been driven by technology, specifically the Internet. Google fundamentally changed the buyer-seller relationship.
In the post-Google world, buyers can type in the name of any product or service and will receive dozens of web pages, white papers, and webinars that will educate them on that area. Prior to Google, buyers met with salespeople to get this information.
Strategies for Incremental and Aggressive Growth
If your business stagnates, it will not be around for very long. One of your top priorities should be constantly searching for ways to grow. You need to grow your business profitably and intelligently to improve your own lifestyle and earning power, strengthen your brand, and develop the critical mass that will help your business survive the tough times and thrive in the better times. Effective growth can also position the company for a successful exit strategy, which every owner should have.
Leadership for Improved Profits and Productivity
Just as birds flock and fish school, people tribe. A tribe is a naturally forming group of 20 to 150 people. Smaller companies can be a single tribe. In larger organizations, there can be many tribes; for instance, it is easy to spot the cultural difference between sales and engineering departments. Tribes also operate at different cultural stages, which can positively or negatively impact your results as an organization. A high performing tribe can be three to five times more productive.
Using Video for Your Business
So you’re convinced that you need video on your small business website, but you’re not sure what the content should be. The best way to decide is to ask yourself, “What would be most informative and interesting to my customers and potential customers?”
Are you a building contractor? People might like to see testimonials and examples of your work. Why not shoot a tour of the house you just built and interview the owner?
January To-Do List
Check out our new website going live on January 12.
We’ve changed our Twitter handle. Follow us!
@FreeEnterprise
Explore Small Business Nation
www.uschambersmallbusinessnation.com
Become a fan of Free Enterprise on Facebook.
www.facebook.com/AmericanFreeEnterprise.com
Watch the Chamber’s latest voter education ads.
Why Small Businesses Stop Growing
In conducting research for our recent book, Let Go to Grow: Why Some Businesses Thrive and Others Fail to Reach Their Potential (Palari Publishing, 2011), we spoke with more than 100 small business owners. We found that what most frequently stalls the growth of small companies are owners who won’t let go.
Keep Your Business Safe Online
The online marketplace is the new Main Street in America. The National Broadband Plan estimates that 97% of small businesses use email and 74% have a company website. According to a recent survey, small businesses are more dependent on the Internet for their day-to-day operations than they were a year ago.
Foster a Culture of Innovation
Small and growing companies can drive new revenue streams and realize new market opportunities from existing intellectual capital. Below are some observations and best practices, addressed in my book Harvesting Intangible Assets (AMACOM, 2011), for fostering and sustaining a culture of innovation.
Export to Build Your Customer Base
While it may seem counterintuitive at a time of stagnant economic growth and high unemployment, U.S. companies need to go abroad to find new markets and consumers for their goods. No matter its size, your company is capable of going global. You just need to start thinking outside the box.
Brave New World of Customer Service
Executives and small business owners are increasingly using social media as a marketing tool. Corporate executives are building brand awareness and launching new products to highly targeted audiences. Small business owners are recognizing the budget-friendly marketing value that social media offers for those who lack the resources for heavy advertising.
When Disaster Strikes
The August earthquake that rattled buildings up and down the East Coast, the widespread flooding and power outages caused by Hurricane Irene, and a number of tornadoes are recent reminders of the significant risk that natural disasters pose to small businesses.
According to the Association of Small Business Development Centers, more than one in four businesses will experience a significant crisis in any given year, and too many of them will never recover. Of those businesses that experience a disaster and have no emergency plan, 43% never reopen.
Blogs: Must-Have Digital Tools
Long before Twitter, Facebook, and YouTube became the “in” things to give your business a digital edge, there was the humble blog. One of the first low-cost publishing tools, the blog remains an important marketing and business development device with unique characteristics that make it a must-have on your business’ digital checklist. Here’s what a blog gives you:
An Intro to QR Codes
What are those strange-looking square-coded graphics that you increasingly see in magazines, in newspaper ads, in direct mail, on billboards, and on airport tickets? They are called Quick Response, or QR, codes. They can serve as a gateway from your business’ printed marketing materials to your online presence and can provide valuable information about you and your audience.
Is a PEO Right for You?
How can today’s entrepreneurs and small business owners compete with many of their larger rivals? That’s easy—steal a page from their playbooks.
Over the last decade, many large businesses have leveraged a business phenomenon known as business process outsourcing, or BPO. The concept is simple. The company focuses on their core competencies—its products and services, customers, marketing, etc.—and outsources critical, yet noncore, functions.
Where Your Tweeps At?
By now you’ve heard of Twitter. You know someone who’s a fan of the uber-popular micro-blogging tool, or you’ve seen it used by businesses and brands that you interact with. Perhaps you’ve gone so far as to become one of the 200 million people who have a Twitter account, but you’re still trying to figure out how it can help your business.
Here are a few tips to keep in mind when using Twitter for your business:
Wellness Programs Help Bottom Line
Tired of double-digit health care premium increases, CLARK Security Products initiated an employee wellness program in 2009. We set out to overturn the assumption that rising health care costs is a reality that companies have to accept lying down. Here’s what we learned:
Get commitment from the top. Management must drive the company’s wellness initiatives. CLARK executives boost employee morale by supporting the program and demonstrating active and healthy lifestyles.
Gain Advantage in a Down Market
Small businesses are struggling to generate sales in this difficult economy. Below are tips for surviving— even thriving— in tough times.
Provide extraordinary customer service. Do you know if you’re giving your customers extraordinary customer service? Ask them. Your best source of business is always more business from your existing customers. If they are happy, they continue to buy. And if they are really happy, they tell everyone they know. Turn your customers into walking advertisements by giving them extraordinary customer service.
Getting Started With Facebook
When looking for a new restaurant or something fun to do with my family on weekends, the first thing I do is ask my friends. Small business owners know that word-of-mouth endorsements passed from friend to friend are invaluable.
On Facebook, you can achieve word-of-mouth marketing at scale. With more than 500 million people using Facebook every month, there are countless opportunities for your business to be part of the conversation. Here are a few steps to help you begin:
Leadership
Improving Your Email Marketing
Although many people feel that email marketing is taking a backseat to other techniques like social media and mobile marketing, email marketing continues to be an effective and low-cost method of acquiring, informing, and keeping customers. Here are six elements for a successful email marketing campaign.
Lower Your Health Care Costs
As a health care benefits consultant servicing thousands of benefit plans and millions of insured lives nationwide, I am in a unique position to hear about the concerns most employers share. The issue that appears at the top of the list is the rising cost of health care, and the new health care law certainly hasn’t helped. The only certain thing is uncertainty. Every day I hear about new rules, regulations, and even discussion of repeal. Changes are inevitable as regulators alter how the new law will be applied.
Building a Social Media Brand
It’s no longer optional; your business needs a social media presence. However, unless you are clear about your target audience and develop a plan and process, you will be spending lots of time and money to communicate with very few. Whether you’re on Twitter, Facebook, LinkedIn, or a blog, the key to being successful with social media is providing value to your target audience. Social media success requires a mind shift. It is not about ROI, or Return on Investment; it’s about ROR, or Return on the Relationship.
Why Your Business Needs Video
Video has quickly become a fundamental tool for organizations and businesses of all types. Soon, a business without video will be just as quaint as a business without a telephone. It’s easy to see why video has become such an important part of any marketing strategy.
Presence. Every business wants to maximize its presence, especially online. YouTube is the second-largest search engine in the world, with daily traffic exceeding 2 billion views per day.
Value and Protect Your Patents
The purpose of a patent is defined in the U.S. Constitution to encourage innovation. A patent does not give the patent owner the right to produce a product that uses the patented invention. In fact, the opposite is true. A patent gives the owner the right to exclude others from using the patented invention. A patent is a limited monopoly granted to an inventor by the federal government.
Texting Tips
Create a Secure Workplace
Have a Plan and Communicate It
Tom Sittner
Director of Security
U.S. Chamber of Commerce
Every small business should provide a safe working environment for its employees and customers. A typical small business, however, does not have the resources to hire a workplace security and safety professional. Here are some fairly easy and inexpensive steps businesses can take on their own.
Succession Planning
If you have spent the past 25 or 30 years growing your company through good times and bad, you may be thinking about your business succession and exit decisions.
For 35 years, I’ve helped small business owners develop a strategic succession plan that makes sense for them, their families, and their companies. Here are four areas to think about as you plan for the future.
Software as a Service
Look to the Cloud to Cut IT Costs
Kevin Gilroy
Senior Vice President
www.sap.com
In my daily interactions with small business owners, a common theme is the need to ensure that they get the best value from their technology investments. Some of the biggest questions are: When is the best time to make a purchase? How can we find the best and most affordable hardware and software to solve our business problems? How can we minimize the time required to maintain our systems?
Planning for 2011
Mobile Marketing: Easy as 1, 2, 3
From the moment a business opens, it searches for loyalty among its customer base. Most businesses cannot survive without repeat business. The key to profitability is to provide existing customers with an incentive to return and to convert new customers into regulars. Instead of relying on outdated and unreliable tools like loyalty cards, coupons, or the personal knowledge of an owner to attract, identify, retain, and reward these regulars, businesses may want to consider a mobile loyalty program.
Go Online for Your Print Needs
Faster Turnaround Times, Lower Costs
Raymond E. Pinard
President & CEO
48HourPrint.com
Advanced technology has made online print ordering a convenient, cost-effective alternative to using a local print shop, providing economies of scale that deliver both low prices and high-quality printing.
Acquire and Keep Local Customers
Technology Brings People Through the Doors
Ramon Ray
Technology Evangelist
Smallbiztechnology.com
Photo courtesy of NYIT Magazine
Government as a Customer
Tips for Securing Federal Contracts

Christopher Braddock
Senior Director
Procurement Policy
U.S. Chamber of Commerce
Choose the Right Website Vendor
Expand Your Business With a Web 2.0 Site
Neil Hare
President,
Global Vision Communications
nehare@globeviz.com
Managing Computer Failures
Second in a two-part series
Response Should Match Level of Severity
Ricardo Harvin
Senior Manager, Web Development
U.S. Chamber of Commerce
Send questions to
techtools@uschamber.com
When disaster inevitably strikes your computer system, keep your cool and rely on your recovery plan.
Five Tips for Personal Guarantees
Limit Your Liability on Loans and Leases

Kenneth H. Marks
Founder and Managing Partner, High Rock Partners
khmarks@HighRockPartners.com
Managing Computer Failures
Good Planning Is Your Best Defense
James Sneeringer
Director, Online Communications
U.S. Chamber of Commerce
Send questions to techcorner@uschamber.com
Manage Your Outside Legal Costs
Take Advantage of Alternative Fee Arrangements
JC Miller
Partner, Thompson Hine LLP
www.thompsonhine.com
What Is an App Store?
Why You Should Care
Laurie McCabe
Partner, SMB Group
www.smb-gr.com
Managing for Success
Be Open to Change
Robert W. Goldfarb
President
Urban Directions, Inc.
RWG30@aol.com
I’ve been advising managers and management teams throughout the world for 30 years and am endlessly peeling back the onion to learn why some companies succeed while others fail.
Control Your IT Expenses
Take Advantage of Free Online Resources
Marc Fierro
Web Production Coordinator
U.S. Chamber of Commerce
Send questions to techcorner@uschamber.com
Is Your Valuation Down?
Get the Most for Your Business
John Warrillow
Author
www.BuiltToSell.com
New Media Is Here to Stay
Start Customer Relationships Online
Kelly McGary
Associate Manager, E-Mail Marketing
U.S. Chamber of Commerce
Send questions to kmcgary@uschamber.com.
The Business of Doing Business
In Tough Times, Focus on the Basics
Richard W. Bennet III
Co-CEO, CCA
Global Partners
www.ccaglobalpartners.com
Family Business Succession Transitioning Into the Future
Richard Houlihan
CPA, ABV, ASA Co-Founder & Chairman,
Houlihan Smith & Company, Inc.
www.houlihansmith.com
The creation and implementation of a sound family business succession plan can provide a smooth and cost-effective transition of ownership to the next generation.
What Is Green IT?
Why You Should Care
Laurie McCabe
Partner, SMB Group
www.smb-gr.com
Green IT refers to the study and practice of using computers and IT resources in a more efficient and environmentally responsible way. Here are some simple ways for achieving greener IT:
Virtual Computing
From Mainframe to Mainstream

Ricardo Harvin
Website Development Manager
U.S. Chamber of Commerce
The incredible growth of computer technology is opening up a new way to use computers, called virtual computing, or virtualization.
Ship Like a Pro
Keep Freight Shipping Costs in Check

Joe Filipiak
FedEx Worldwide Account Manager
Alliance and Associations
www.uschamber.com/fedex
Business: There’s an App for That
Make the Most of Mobility
Brad Peck
Senior Director, Communications
U. S. Chamber of Commerce
Send questions to bpeck@USChamber.com.
Tax Changes and Your Business
Know Your Options
Thala Taperman Rolnick
CPA, MT (Masters of Taxation)
www.thalacpa.com
Search Engine Optimization Basics
Make Your Web Site Easy to Find
James Sneeringer
Director, Online Communications
U.S. Chamber of Commerce
A Web site is a great way to market your business, but how easily can new customers find you? There are concrete steps you can take to make sure that your site is as visible as possible in search engines like Google or Bing. Think in terms of relevance, rank, and location.
New Credit Card Rules Take Hold
Possible Negative Consequences for Card Holders
Chris Merida
Director, Congressional & Public Affairs
U.S. Chamber of Commerce
Last May, the president signed into law the Credit Card Responsibility and Disclosure Act, which requires fundamental changes to the lending industry’s card-related practices.
Who Is an Employee?
Larry Lorber
Partner
Proskauer, Rose
Mr. Lorber is an experienced law practitioner.
Stand Out From the Clutter
Kelly McGary
Associate Manager, E-Mail Marketing
U.S. Chamber of Commerce
Send questions to kmcgary@uschamber.com.
Use Twitter to Expand Your Reach
Brad Peck
E-mail questions to
bpeck@uschamber.com
Second in a two-part series
Reposition Your Business
Prepare for Sales Growth and Profitability
W. Kenneth Yancey Jr.
SCORE CEO
www.score.org
Day by day, optimism is overtaking the gloom of the recession. Now is the time to seize opportunity and prepare for sales growth and profitability in the coming year.
Set Up a Personalized News Feed
Twitter Delivers Information You Need
Brad Peck
E-mail questions For Tech Tools to techtools@uschamber.com
First of a two-part series
Choosing the Right Investor
Make Your Business Attractive
Alan Hall
Founder, Mercato Partners
www.mercatopartners.com/
For most companies, securing outside funding is just plain reality. However, it can be one of the hardest challenges businesses face, especially in this economic environment. It takes a lot of time, effort, and resources to find the right funding partner.
Innovation and Invention
The Internet as a Business Enabler
Ricardo Harvin
E-mail Questions for TechTools to techtools@uschamber.com
Last of a three-part series
Birds Always Sing After the Rain
Prepare for Better Times
Joe Schmeider
Senior Associate
The Family Business
Consulting Group, Inc.®
During the 2000-2001 recession, my family-owned business and others collaborated to form The List. It started out as itemized actions to trim costs, stay competitive, and still be prepared for the next uptick. Eight years later, The List has grown to 100. Below are a few tips by category.
Innovation and Invention
The Internet as a Business Enabler
Ricardo Harvin
E-mail Questions for TechTools to techtools@uschamber.com
Part two of a three-part series
Sleep Like a Baby Tonight
Feel Better During Tough Times
Laurel Delaney
Founder and President
Globetrade.com
I asked 20 presidents of small businesses in marketing, interior design, insurance, and a variety of other industries what allows them to get a good night's rest in these difficult economic times. Here are the highlights of what they shared.
Local Chambers: a Best Resource
Tap Assets to Gain Competitive Edge
Raymond P. Towle, IOM, CAE
Executive Director
Political Affairs & Federation Relations
U.S. Chamber of Commerce
In these tough economic times, small businesses need to tap the resources that are available in their communities to weather the storm. They need to look no further than their local chambers for help.
Innovation and Invention
The Internet as a Business Enabler
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
Part One of Three
I had the pleasure of attending Vint Cerf's presentation, The Role of the Internet as a Business Enabler, at America's Small Business Summit in May.
The Social Web Evolution
Engage Customers and Build Loyalty
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
Social Web is a term describing the evolution of the Internet from a static, one-way information delivery vehicle to a dynamic medium that allows people to interact with one another.
The Wonderful World of Niches
Take Advantage of Their Growth
Jim Blasingame
President and Founder
Small Business Network, Inc.
www.smallbusinessadvocate.com/
jimb@jbsba.com
The Keys to Your Data
Fighting the Recession
Sales Strategies in an Economic Downturn
Rod Means
Marketing Advisory
Council Member, SCORE®
www.score.org
First, stay calm and don't panic! Recessions and economic downturns have occurred before. Prepare now to position yourself and your business to benefit from the eventual and inevitable climb back to success.
Leaner IT Spending
Small Steps Can Save Big
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
When it comes to your IT infrastructure, there are a number of things you can do to trim spending without hurting your operations.
Want to Make Some Easy Money?
Eliminate Waste and Reduce Costs
John Tschohl
Founder and president
Service Quality Institute
www.customer-service.com/
What would you say if I handed you a check for $25,000? $250,000?
Modifying IT Projects
Change Can be Good
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
Find New Lending Sources
Leave No Stone Unturned in Search for Cash
Rich Russakoff
Mary Goodman
Co-founders Bottom Line Up Enterprises
www.bottomlineupenterprises.com
rich@bottomlineupenterprises.com
mary@bottomlineupenterprises.com
Open Source Goes Mainstream
Get the Best for Less
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
Android is here. And no, I'm not talking about the latest science fiction thriller at the Cineplex. Android is a software development platform for mobile devices, released by Google.
Home Office Deduction
Don't Miss Out on Potential Tax Savings
Thomas O'Saben, EA, CFP
Training Specialist
National Association of Tax Professionals
The home office deduction is likely the most overlooked, underutilized, and feared deduction that small business owners have available, yet it can represent significant tax savings if properly implemented and documented.
Prediction Marketing
Using the 'Wisdom of the Crowds'
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
If two heads are better than one, then imagine the potential benefits of having dozens, hundreds, or even thousands of them working on developing or determining new products and services for your business.
Achieve Family Business Success
Communication Is Key
Allen E. Fishman
Founder, The Alternative Board®
www.thealternativeboard.com/
Financing Alternatives
Where You Go When the Bank Says No
Giovanni Coratolo
Executive Director
Small & Mid-Market Business Councils
U.S. Chamber of Commerce
Moblize Your Information
Reach Customers on the Go
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
The rapid spread of handheld "smart" devices with full-featured Web browsing means that your customers are doing more of their computing on the go.
Managing Your E-mail
Stay on Top of Your Inbox
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
Failure to manage your e-mail inbox properly can mean missing important information and falling behind on the things you need to do. Here are a few simple steps you can follow to stay on top of what can easily become an overwhelming task:
Hiring Heroes
A Promising Practice for U.S. Businesses
Charles "Chick" Ciccolella
Assistant Secretary for Veterans' Employment & Training
U.S. Department of Labor
Neil Romano
Assistant Secretary for Disability Employment Policy
U.S. Department of Labor
Balancing ALL Your Priorities
Taking Time Off From Your Business
Jim Blasingame
Jim is host of The Small Business Advocate® Show. Find Jim online at SmallBusinessAdvocate.com and AskJim.biz.
Generate More Sales
Try Customer Relationship Management
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
As important as it is to get customers, understanding their relationship with your business is just as important.
Retaining Top Talent
Big Results, Little Money
Lori Grimmig
Recruiter
U.S. Chamber of Commerce
Retaining highly productive employees is simpler than you think. You can fulfill employees' desire for recognition and appreciation without doling out large bonuses or cash rewards. Often, it's the little things that mean the most. Below are some cost-effective retention strategies that pay big returns and won't break the bank.
Collaboration is King
Tools to Help You Work Efficiently
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
Sometimes it's easier to herd cats than to keep track of the work being done on a project; even day-to-day tasks can spiral out of control as more hands-in more places-get involved. Then there's the problem of losing information when experienced staff leave.
Master Benefits Renewal
Consider Using a Broker
Bobby Brown
Director
Human Resources
U.S. Chamber of Commerce
Next to payroll, employee benefits are typically a company's biggest cost center, so choosing the right health plan and effectively communicating the benefits package to your employees are extremely important.
Protecting Endpoint Devices
You Can't Be Too Careful Securing Data
John Magee
Vice President
Product and Services Marketing
Symantec
Endpoint devices-such as servers, laptops, and desktops-are increasingly being targeted by attacks designed to compromise and steal data belonging to small and
midsize businesses. Here are five tips to protect your business and your customers:
Upgrades: Move Forward Smartly
Research, Plan, Test Before Making Changes
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
I'm not surprised that many people still haven't migrated to Windows' newest operating system, Vista, with its hefty resource requirements and incompatibility with some software.
Tapping Public Training Funds
Explore a Variety of Resources
Karen Elzey
Vice President
U.S. Chamber Institute for a Competitive Workforce
Involving Workers in Elections
Be a Repository of Information

William Miller
Senior Vice President
Political Affairs and Federation Relations
U.S. Chamber
Working With Virtual Assistants
Get the Help You Need, When You Need It

Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
Every business has to balance workload with staffing levels, and knowing when to make a new hire is always an important decision.
Online Person-to-Person Lending
Another Option in Tight Credit Market
Kevin Gillet
Consultant
RateLadder
www.rateladder.com/
Online person-to-person lending (also known as peer-to-peer lending or P2P lending) is a modern twist on borrowing that has roots as old as money itself—people borrowing money from other people as opposed to large conglomerate banks.
Align Technology With Business
Make Sure Choices Support Goals
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
Web Site Analytics
Test What Works, See What Doesn't
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
Measuring the effectiveness of a marketing campaign, no matter what media you use, is an important yet elusive endeavor. Data are often unreliable, and changes in how they are broken down and interpreted are constantly occurring.
Navigating in a Soft Economy
Look at the Big Picture
Giovanni Coratolo
Executive Director
Small & Mid-Market
Businesses Councils
U.S. Chamber of Commerce
Taxes and Technology
Look at Equipment Deductions
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
Protect Your Reputation Online
Build Positive Web Presence
Caroline Melberg
President and CEO Small Business Mavericks
www.smallbusinessmavericks.com
Generating Instant Productivity
Create a Smooth Transition for New Hires
Jen Tidwell
Recruiter
U.S. Chamber of Commerce
'Mash Up' Your Web Site
Combine Data Sources for New Applications
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
There's a wealth of information available online and increasingly sophisticated ways of putting it to work for you and your customers. One of the more flexible ways is using mashups.
Moving to Digital Records
Increase Efficiency, Decrease Costs
By Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
The paperless office may never become a reality, but incorporating digital records into your operations can help increase productivity, improve customer service, and reduce costs related to filing, storing, and retrieving business documents.
Hiring Great Talent: Steps for Finding the Right Fit
Lori Grimmig
Recruiter
U.S. Chamber of Commerce
With intense competition for workers today, it is critical that you make smart hiring decisions.
Give Old Equipment a New Life
Donating, Recycling Benefit Everyone
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
All across the country, small business owners help improve the quality of life in their communities in a variety of ways.
Automated Marketing Coming
Small Businesses to Benefit
Ramesh A. Lakshmi-Ratan, Ph.D.
Executive Vice President & Chief Operating Officer
Direct Marketing Association
www.the-dma.org/
Marketing technology is not new. In 1440, Johann Gutenberg started the ball rolling. And ever since, business owners have been searching for tools to help them reach customers more quickly, efficiently, and directly.
Focus on the Fundamentals
It's Key to Small Business Success
Jim Blasingame
Award-winning host of The Small Business Advocate® Show and founder of AskJim.biz and SmallBusinessAdvocate.com
Business fundamentals are as old as when shells were currency. Focus on the following fundamentals and success will come and play in your backyard.
Online Social Networks
Expand Your Web of Business Contacts
Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
Direct Mail Versus Junk Mail

What's the Difference?
Joy Gendusa
CEO, PostcardMania
http://www.postcardmania.com/
The mailing list is a key factor in a successful small business direct mail marketing campaign. The right list targets people who want your product or service. The wrong one fails to target people who would want to buy from you. Sent to the wrong list, your mailing will be treated as junk mail.
How Do You Rate Online?

Sites Allow Customers to Vent and Compare
by Ricardo Harvin
The explosion of the Web as a tool to research and compare products and services has led to a growing number of sites that allow consumers to share their experiences with one another. Although these resources aren't perfect, their increasing popularity and usefulness make them difficult for small businesses to ignore.
Green Technology Has Arrived
Good for the Environment and Your Wallet
By Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
If you haven't been paying attention to energy efficiency as it relates to business or have been focused on the up-front costs of deploying the available solutions, you're missing an opportunity to save money.
Politics: It's Your Business
Know the Rules of Engagement
Stephen Bokat
Senior Counsel
U.S. Chamber of Commerce
sbokat@uschamber.com
New! Cool! Unnecessary?
Don't Make Purchases Based on Hype

By Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
The Real Estate Hunt
Finding Office Space to Fit Your Needs

Harry Klaff
Managing Director
Jones Lang LaSalle
www.joneslanglasalle.com/
After personnel costs, rent accounts for the most significant portion of a business' expenditures. For business owners not schooled in the intricacies of leasing, here are some points to consider:
Five Steps to Marketing Online
Grow Your Business Through the Internet

Ben Straley
Principal, Spring Creek Group
www.springcreekgroup.com/
Moving (Beyond) Pictures
Add a New Spin With Virtual Reality

By Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
Hard Drive Encryption
Data Security Moves to a New Level
By Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
It's happened to government agencies, major retailers, and an unknown number of other organizations, and it could happen to you-sensitive information gone missing because of theft, fraud, or just plain carelessness.
New Workers, New Expectations
Getting Ready for the Class of 2007
Julie Ahn Goldthwait
Vice President and General Manager
MonsterTRAK
www.monstertrak.com/
Working on the Web: Google Expands Beyond Search
By Ricardo Harvin
E-mail questions for Tech Tools to techtools@uschamber.com.
For most Web users, Google is synonymous with search. But if you think of Google only as a search engine, you're missing out on a lot of what the company has to offer.
Google now has a wide range of free and low-cost tools available for businesses, consumers, and developers-many of which have nothing to do with search.
Strategic Management: Your Road Map for Success
VR Small
President and CEO Small Industries' Organizational Success Strategies (SIOSS)
Over the years, strategic planning has grown into what is known in the industry as strategic management. Strategic management converts the strategic planning strategies that many organizations use as a one-time event into an ongoing management process. Effective strategic management consists of the following four steps:
Marketing by the Numbers
Count Your Results With Direct Response
Jay Siff
CEO Moving Targets
Perkasie, Pennsylvania
www.movingtargets.com/
Let Your Customers Speak
Comments, Feedback Can Increase Sales
Ricardo Harvin
E-mail questions for Tech Tools to rharvin@uschamber.com
Everybody has at least one product or service that they love to use and tell others about. Are you selling someone's favorite something, and if you are, how would you or anyone else know?
More Trouble With Time
Daylight Saving May Set You Back This Spring
By Ricardo Harvin
E-mail questions for Tech Tools to rharvin@uschamber.com.
For most people, the Y2K scare came and went without incident. This year there's another time-related computer problem to deal with–the change in Daylight Saving Time (DST).
Market to Groups or Individuals?
Why Not Both?
Jana Cary
Director
Marketing Communications
U.S. Chamber of Commerce
Software as a Service
It's On-Demand and Pay As You Go
By Ricardo Harvin
E-mail questions for Tech Tools to rharvin@uschamber.com.
Tired of buying expensive business software that has more features than you'll ever use? Then Software as a Service (SaaS) may be just what you're looking for.
e-Discovery and Your Business
Points to Remember When Archiving Data
Ricardo Harvin will return next month.
By Robin Conrad
Senior Vice President
National Chamber
Litigation Center
U.S. Chamber of Commerce
Signs Can Help Your Business Succeed
Lori M. Anderson
President and CEO
International Sign Association
Control Card Processing Costs
Your Business Success Depends on It

Bob Carr
Chairman and CEO
Heartland Payment Systems
Creative Customer Communications
New Tools to Expand Your Marketing Reach
By Ricardo Harvin
E-mail questions for Tech Tools to rharvin@uschamber.com.
The second of two articles
Last month's article covered blogs (weblogs; see E-Sources). This month I am giving you information on how to use RSS (Really Simple Syndication) feeds as a way to deliver up-to-date information to your customers.
Negotiating Costs With Lawyers
Items to Keep in Mind in Your Search
Robin Conrad
Senior Vice President
National Chamber
Litigation Center U.S. Chamber of Commerce
New Tools to Expand Your Marketing Reach
New Tools to Expand Your Marketing Reach
By Ricardo Harvin
E-mail questions for Tech Tools to rharvin@uschamber.com.
The first of two articles
Marketing is always a challenge and can be expensive-especially when you're trying to reach new customers. But there are new tools out there that can help you expand your audience for minimal cost.
Achieving Data Security
Protect Against Electronic and Physical Dangers
By Ricardo Harvin
E-mail questions for Tech Tools to rharvin@uschamber.com.
With October being national Cyber Security Awareness Month, it's a good time to reassess your data security practices. Total data security requires that you rigorously defend against cyber attacks as well as physical loss or damage to your computer due to such things as theft, fire, or malicious insider activity.
Selecting the Right Accountant
It's Important to Your Small Business
Stan Harrell
Senior Vice President, CFO
U.S. Chamber of Commerce
Taking Control of Technology
Know What You Need, How to Use It
By Ricardo Harvin
E-mail questions for Tech Tools to rharvin@uschamber.com.
It's easy to become overwhelmed by what you don't understand. I know because it happens to me all the time (just ask my fiancée).
For a lot of people, it's technology that makes them feel like they've lost control. Technology options seem endless, and the language used to describe things can be confusing-which is sometimes intentional.
Working With Staffing Agencies
Building Partnerships to Save Time and Money

Jenifer Tidwell
Senior Recruiter Human Resources
U.S. Chamber of Commerce
What would you do if your receptionist called in sick on Monday morning? Most likely you'd panic—but not if your business had a relationship with a staffing agency. Rather than a day of frustration and lost productivity, it would be business as usual.
Windows Vista: Looking Ahead
Plan Now for the Next Big Change
By Ricardo Harvin
E-mail questions for Tech Tools to rharvin@uschamber.com.
A new version of Microsoft Windows, called Windows Vista, is scheduled for release early next year, and it may be as big a change as moving from Windows 3.1 to Windows 95 was 11 years ago.
Establishing a Drug-Free Workplace
Boost Employee Safety and Health

Ed Grady
Director of Business Development Quest Diagnostics Employer Solutions
Here's a sobering thought for employers: Three out of every four adult drug abusers are employed.
Substance abuse slows productivity, increases the number of accidents, hurts employee morale, and blows holes through the company's bottom line.
Develop an Energy Plan
What Would You Do If Gas Hits $6 a Gallon?

Giovanni Coratolo
Executive Director U.S. Chamber Council on Small Business
Virtual Phone Systems
Full-Scale, Affordable Call Management
By Ricardo Harvin
E-mail questions for Tech Tools to rharvin@uschamber.com.
Offer More Than Just Cheap Labor
Offer More Than Just Cheap Labor
Christine Morris
Manager Human Resources
U.S. Chamber of Commerce
Business owners who view interns as a source of cheap labor are missing the big picture. Today's internships offer multiple benefits to employers–both small and large– as well as to students.
Keep Your Web Site Updated
Fresh, Relevant Content Makes You Look Good
By Ricardo Harvin
E-mail questions for Tech Tools to rharvin@uschamber.com.
In the online world, there's not much that will kill customer confidence faster than a Web site that obviously hasn't been updated in months–or years. On top of that, stale Web sites tend to get ranked lower by search engines than similar Web sites that are kept fresh with meaningful content.
Online Advertising Moves Forward
Expand Options, Increase Flexibility
By Ricardo Harvin
E-mail questions for Tech Tools to rharvin@uschamber.com
As the number of people who use search engines grows, and as advertisers find that television, radio, and print ads are becoming less effective at generating sales, online advertising is becoming mainstream.
Offering a Retirement Plan
Both Workers and Employers Benefit

Shannon DiBari
Vice President
Human Resources
U.S. Chamber of Commerce
As competition for skilled workers grows, employers of all sizes should regularly evaluate and adjust their compensation and benefits strategy. To attract and retain top talent, employers must offer benefits that appeal to people of all ages and in every career stage-and a retirement plan is one such device.
How to Keep Good Employees
Strong Relationships, Communication Are Key by Louise Kursmark
Louise Kursmark is an award-winning resume writer and the author of several career books.
In a tight job market, what can companies do to retain the people they worked so hard to recruit? From an informal survey I conducted of more than 100 executives recently in a career transition, several important facts emerged.
Technology Drives Business
Learn or Get Left Behind
By Ricardo Harvin E-mail questions for Tech Tools to rharvin@uschamber.com.
My grandmother was born in 1908, the year Henry Ford's automobiles became affordable for average Americans due to the company's increased productivity and to reduced costs from a reinvented assembly line.
Are Your E-Mails Being Received?
Creating Effective Communications by Ricardo Harvin
E-mail questions for Tech Tools to rharvin@uschamber.com.
You've taken the time to build a good e-mail list targeted to the right market for your business, have established a good value proposition for the people on your list, and know when to contact your list to maximize the positive impact of your message (see E-sources, "E-Mail Marketing Strategies").
Now, all you have to do is ensure that the e-mails that you're sending actually reach their intended recipients.
Thinking of Going Global?
Six Pitfalls to Avoid by Laurel Delaney
Laurel Delaney is an international entrepreneur, author, speaker, and educator.
Going global takes guts. You have to confront the unknown, do what it takes to land the deal, and make your customers happy. Learning from your mistakes-and learning what mistakes not to make-are even more important in foreign trade.
Partnership by the Numbers
Is a Business Partnership for You?
By Jim Blasingame
The "voice of small business" on the radio, on the Internet, in print, and in person.
When a partnership works, it's a beautiful thing. When it doesn't, it defines ugly.
A business partnership should be entered into with a healthy dose of reality about the human element involved. David Gage brings sunlight to this reality in his book The Partnership Charter, where he writes, "Business people are experts in what they do, but they're not in how to be partners." Boy, howdy, is that ever true!
Sales Volume Vs. Profit Margin
Know What Feeds Your Bottom Line
By Ricardo Harvin
Which of your products or services generates the most profit for you?
I'm not talking about your best sellers–I'm talking about what you sell that sends the most to your bottom line. Your best profit makers and your best sellers may be the same, but do you know that for sure, or are you just guessing that's true?
Never confuse an item's sales volume with its net profit margin–and don't rely on assumptions about what's contributing the most to your bottom line.
Security Does Matter
Take Steps to Keep the Bad Guys Out
By Ricardo Harvin
E-mail questions for Tech Tools to rharvin@uschamber.com.
Still don't take computer security seriously? Then you're vulnerable to having your systems hijacked, your every keystroke recorded and sent silently to thieves, and all your information stolen or simply destroyed.
Choosing a Growth Strategy
Precise Questions Can Spell Success
By Andrew J. Sherman
Co-founder of Grow Fast Grow Right Enterprises, LLC
The second of two articles. | Read the first article
Year-End Buying Guide
What to Look for, What to Spend
The second of two articles. | Read the first article
This month I'm covering tools that you can use to increase productivity and sales and reduce costs.
Communication Tools
Choosing a Growth Strategy
Precise Questions Can Spell Success
By Andrew J. Sherman
Co-founder of Grow Fast Grow Right Enterprises, LLC
The first of two articles.
Companies of all types and sizes want to grow in one way or another–whether it's in terms of revenue, profit, number of employees and customers, market share, or location.
Year-End Buying Guide
What to Look for, What to Spend
By Ricardo Harvin
E-mail questions for Tech Tools to rharvin@uschamber.com.
The first of two articles.
The end of the year is a good time to evaluate your technology needs for the upcoming year and to decide what, if anything, you need to include in your technology budget (you do have one, don't you?). This month I'm covering some key items to consider when evaluating your computers and printers. Next month I'll discuss adding the right peripherals to boost productivity.
The Laws of Aggregation
Leadership, Execution, and Branding
By Jim Blasingame
The "voice of small business" on the radio, on the Internet, in print, and in person.
Sakrete is one of the handiest products ever developed for those small do-it-yourself construction projects. It's basically a bag of rocks and dust. But to a weekend warrior with a honey-do list, it can be a sack of magic.
So what can small business owners learn from a sack of rocks? Plenty, actually.
Local (Business) Search
Customers Research Online, Still Buy Offline
By Ricardo Harvin
E-mail questions for Tech Tools or E-Sources to rharvin@uschamber.com.
Each month more than one billion people use search engines to research a product or service online and to find a local business where they can walk in and make the actual purchase.
The Innovation Revolution
Surviving in the Midst of Change
By Giovanni Coratolo, Executive director, U.S. Chamber Small Business Council
The current business landscape favors speed, flexibility, and innovation. Entrepreneurs earn increased profits and sales growth by improving product value or by reinventing themselves in response to a changing marketplace. To paraphrase Charles Darwin, it's not the biggest nor the strongest who survive, but those who are able to adapt to a changing environment.
Analyze Your Sales Data
Help Identify Your Best Customers
By Ricardo Harvin
E-mail questions for Tech Tools or E-Sources to rharvin@uschamber.com.
How do you define what makes a "best" customer for your business and, more importantly, what do you know about your customers and their buying habits?
You shouldn't let a single transaction go by without gaining as much knowledge as you can about who your customers are, why they bought from you, and what you can do to generate bigger, more frequent sales from them in the future.
Disaster Recovery Planning
Prepare for the Unexpected
By Ricardo Harvin
How would your business recover if you lost your computer systems or data? Having a good disaster recovery plan lets you gauge how long it would take to replace any lost systems and how much of your information you could recover.
Save Money on Health Care
Understanding and Implementing HSAs
By Kate Sullivan Hare
Executive Director of Health Policy, U.S. Chamber of Commerce
Replace Worry With Performance
'Some Things Remember Themselves'
By Jim Blasingame
The "voice of small business" on the radio, on the Internet, in print, and in person.
In his book Blue Highways, William "Least Heat-Moon" Trogdon reported that his Osage Indian grandfather, William Heat-Moon, taught him this about worrying: "Some things don't have to be remembered; they remember themselves."
Protect Customer Information
Data Security Should Be Standard
By Ricardo Harvin
On June 1, the Federal Trade Commission (FTC) issued a new rule under the existing Fair and Accurate Credit Transactions Act of 2003 (FACTA) that requires businesses—small and large—and individuals to dispose of sensitive information derived from consumer reports. Under the new FACTA Disposal Rule, if you use consumer reports—including customer credit reports, employee background checks, or tenant histories—you are now obligated to dispose of this information using methods that are deemed "reasonable and appropriate."
Why You Should Protect Your Business
To Trademark or Not
By Edward Colbert
Partner, Kenyon & Kenyon
No one knows how hard you work to make your small business a success — except perhaps your competitors. One way to differentiate your business from the competition is to trademark your company's slogan or logo. That way, even the most enterprising competitor can't steal your customers with the same catchy jingle, slogan, or other identifying mark.
IT Service Providers
Focus on Your Business, Not Technology
By Ricardo Harvin
How much time do you spend dealing with technology issues that have nothing to do with your core business? If you answer "More than I want to," then it may be time to hire an information technology (IT) service provider.
The products and services available from IT service providers vary from simple, one-time issue resolution to complex, long-term arrangements that cover every aspect of your IT infrastructure.
Family Business Drives Sales
A Chamber Member's Story
From his father Bob's garage in Southern California to an expanding business with a presence in all 50 states, Rick Augustine and his wife, Debbie, have learned the value of a great sales team. Their company, Bob's Printing, Inc., provides legal business forms, commercial and custom printing services, promotional items, and advertising products to automobile dealers across the country as well as in Canada and Mexico.
Watching Your Every Move
Adware and Spyware Adopt Similar Tactics
By Roger Thompson
Director of Malicious Content Research, Computer Associates
These views are soley the author's.
Preparing for Small Claims Court
What to Do If Your Business Is Sued
By Curtis Boykin
Attorney, Douglas Boykin & Oden
These views are soley the author's.
A neighboring business claims that you damaged its property. A customer alleges that you never delivered his purchase. A supplier argues that you failed to compensate him according to a preestablished contract. These are just a few examples of times when you might find yourself sued in Small Claims Court. Here's what you need to know.
Is Franchising for You?
And the Franchise Was Created!: Is Franchising for You?
By Jim Blasingame
The "voice of small business" on the radio, on the Internet, in print, and in person.
One of the questions often asked by would-be entrepreneurs is, "What business should I go into?" These folks may be passionate about being in business, just not about any business in particular.
Boost Your Online Presence
Don't Stay Lost in the Crowd
On any typical day in 2004, 23 million Americans were online either making or researching a purchase, according to the Pew Internet & American Life project.
Selecting a Benefits Program
Finding a Broker Who's Right for You
By Shannon DiBari
U.S. Chamber of Commerce's Vice President of Human Resources
The second of two articles.
When looking at your company's benefits program, you may want to consider working with an insurance broker. Obtaining good advice up front can save you money and time-and produce better results. Start by thinking about the following two questions:
What are the benefits of working with a broker?
Fight Phishing: Don't Get Hooked by Fake E-Mail
Online financial transactions are becoming more commonplace every day. Unfortunately, incidents of online fraud are as well. Committing online fraud using forged e-mails has become so rampant that it has spawned its own term-phishing.
Phishing works by using authentic looking but fraudulent, or "spoofed," e-mails that appear to come from legitimate sources. By asking you to reply with details such as your bank account, PIN, or Social Security number, or username and password, to your online accounts, phishers try to get you to reveal sensitive personal information.
Selecting a Benefits Program
Getting More Bang for Your Buck
By Shannon DiBari
The first of two articles.
Your benefits program can differentiate you from your competitors and help you keep valuable employees and recruit top talent. Following are some points to consider:
Software Alternatives: Choosing the Right Tool
Certain tasks require specialized tools, but when software is in your toolbox, it's not always easy to find just the right product for the task at hand.
Because software has to satisfy such a wide range of customer needs, products from major companies usually have several features and options that most people never use.
The next time you need to add to your software toolbox, instead of automatically reaching for the store shelf and buying a product that does much more than you need it to, consider the options that freeware, shareware, and Open Source provide.
New Year’s Resolutions: Three Steps for a Successful 2005
You probably don't want to hear about New Year's Resolutions from me, but it's my job to encourage you to push the envelope and continually seek excellence–even if it means that I have to meddle.
Consequently, here are three key resolutions to consider as you make plans for 2005.
Resolution One–Resolve to focus more on financial operating fundamentals. Business owners must always be diligent in their financial management. Here are a few critical financial fundamentals:
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Katie Wilson