Monthly Archives: April 2017

Tips Successful Internet Business

In the past this took the form of two kinds of traveling salesman (the itinerant traveling salesman, working out of his wagon or truck, who brought otherwise unavailable products to places who simply could not economically travel the distance required to find those products….and the “drummer”, or “route salesman” who went to the various “fixed location” businesses and sold them their “restocking supplies”) and the “fixed location” businesses (stores) who carried a selection of “most needed” products in their store for customers to come in, select from and purchase.

Pretty much this mode of operation stayed true from the mid 1800’s to the late 1900’s. But by 1990 there was a new inroad into this model of business – and business philosophy. Or was there? And just what was that inroad?

The Inroad was “The Internet”, in existence since the 1960’s, started “going commercial” by about 1990. It is now 2005 and this commercialization is an ongoing and evolving process. Business has changed and is changing. Many fixed location store fronts also have web locations and offer home delivery for online ordering, even for local customers. But how about “Business Philosophy”? It is changing, also? Or is it?

Right now internet businesses are proliferating at an alarming rate. I cannot count and possibly no one can count the total number of internet businesses in the world today. There are probably between 100 and 1000 “new” internet businesses starting every day somewhere in the world, and this figure could be much higher. There even is a “new category” of business which has evolved, sort of to keep track of those businesses.

No, it is not the electronic store front which offers products or services to customers anywhere in the world (though this is a major evolution from a standard “fixed location” real store front on your local street), nor is it the “hosting service” which electronically locates and “displays” your electronic storefront for customers to find. They are not unlike the building owner who sublets space for offices and stores. The new type of business is the “search engine” which “locates, catalogues and categorizes” all of these various business enterprises and allows you to find what you are looking for.

It is said that there are hundreds of different search engines out there, proliferating and multiplying like lemmings….and, like lemmings, falling by the wayside for various inadequacies. Except for the best and biggest. The number one “search engine” is probably Google. However, MSN is gaining and Alexa, All-the-Web, Alta Vista, AOL, Ask Jeeves, Lycos, Matilda, Scrub the Web and a few others may be considered the “major” search engines, those which comprise, say, 95% or more of total search engine use worldwide.

There is possible a second type of “new business” brought to us by the Internet. This is the browser. In fact, the browser and the search engine work hand in hand and are completely different entities. Basically, they generally are set to work hand in hand and mutually complement one another. In fact, in my mind, the search engine is slightly more valuable but less independent.

The Number One Browser is likely to be Microsoft’s Internet Explorer. But there are several more “major” browsers, which include AOL/Netscape, Firefox and Opera, as well as many more. These four probably comprise more than 95% of the worldwide “browser use” on the internet.

You could compare them (very loosely) thusly: look at the search engine as an exquisitely detailed map, showing not only everything that is there by business and location, but everything that is inside those locations – the books and other resources within a library, the entire stock of the local store, all the services of a print shop, etc. And look at the browser as the vehicle that gets you from where you are to the resources, products and services you are looking for. It’s nice to have such a detailed map but the map is useless without the ability to go there and see and use what is there.

The search engine, slightly more valuable in a sense, is not a “stand-alone” item. It requires a browser to be truly functional. The browser, however, is a stand-alone item which benefits mightily by the information the search engine provides. Compare the search-engineless browser to a long trip in a vehicle with an occasional rare find – a resource you may or may not have been looking for.

So for you to be successful in your internet business endeavor you must not only be there – on the internet – and accessible to browsers, you must find a way to “be found” by the search engines and mapped so that the people using the browsers can find you.

To do this you must do several things. You must build your web site cleanly and meeting the “search criteria” of the various “search engines”. Ideally you will want to use a pleasing layout, probably a cascading style sheet, optimize your verbal content for the search engine algorithms and engage the services of someone who really knows how to do this kind of work. You must also carefully, very carefully indeed, select the host for your web site.

Business Professional Plans

So, how will you know what to write in your business plan? Do you know the first thing about writing a business plan? It may seem like an overwhelming task to try to figure out what to write for your personal business plan. You may have attempted to take out a few books at the library or even asked a friend to help you. But, are you satisfied that your business plan will be successful? Remember, you only get one chance to WOW people, so the first business plan they see will be the one they remember. What if it’s just not good enough?

Okay, that’s enough worrying! It is time to act! Your first order of business is to decide what your business goals are. Once you have a basic idea of what you need, you can then do several things to determine what type of business plan you need as well as where to get it. One of the best things you can do when in need of a business plan is to hire a qualified, experienced business plan service.

Not only will you obtain the best professional business plan available, but you won’t have to struggle over the words yourself. Now, how much better can that be? Using sample business plans from their website, you can see just how well their products can fit your needs. Sample business plans can be a great way to visualize the finished product. Using a sample business plan as a guide, you can determine if the product will fit your needs and plans. If not, perhaps you can see what is missing in your point of view.

Having a professional business plan will make all the difference during that trip to the bank. The trip to see if you qualify for funding is enough to worry about. Having a well thought out, professional business plan can give you the comfort and security you will need. The first impression you give the lender will be one of professionalism, attention to detailPsychology Articles, and organization. That alone will help them realize that your business is worth the risk. What’s more is that there is just no real reason to not have a professional business plan. They are relatively inexpensive and pay for themselves when you secure that loan. Making a smart business choice begins with your business plan!

Business Management to Get Real Business Results

Do you realize that your business cards tell customers and clients much more than just your name, your business and contact information? Your business cards are actually similar to your sales representatives. They tell about your business,  your expertise and if they are good enough, they will be able to bring business for you.

Just like a real sales person, if they are not equipped with a good sales ability and good product knowledge they will not perform well. That is why you need to equip them with those tools.

The challenge is how to get those things into a physical card? Maybe this would help.

First, I insist you to use good quality stock to print your business cards. If you use cheap-low quality stock, they will give bad impressions for you and your business, so I recommend and insist you to use good quality ones. You can add your company logo and you can tell about your business and your expertise but do not make it too much. Keep it simple and clear, and make sure it is written in readable fonts and colors.

Then you should state your differentiation. Tell your difference from the other competitors. Maybe you can offer the cheapest price, or maybe you offer the widest product varieties, or maybe it is your discounts, whatever your offers in your business that make you stand out from the crowd.  You can add that difference with the shape or size of the card. You can use smaller size card or rounded shape card than squared one. You do not have to be the best. You only need to be different.

The last tip is to always bring your business card wherever you go. You will never know where you can meet a prospect or a client. If someone asks for your phone or mobile phone numberArticle Search, give your business card instead.

Business Website

In case of business-to-consumer scheme there are people who offer services or products and they serve as end products for people who buy them because customers are not likely to do anything else with the purchase other than use it themselves. On the other hand B2B model is set up in such a way that both parties are exchanging some products or services intending to use it somehow in the future, either for creation of their own product/service or aiming to resell for profit generation. Currently most all big and small businesses and entrepreneurs recognize the importance and overall benefits of using Internet. Both models of business welcome the possibility to cut down production costs, elimination of multiple intermediaries and costs savings as a result of technology usage. In business-to-consumer situation Internet that can be easily accessible by everyone at any time and any place is the best tool for selling goods or services. After all Internet makes the very existence of such phenomenon possible. When we consider business-to-business model a simple Web site available for everyone will not be sufficient and most probably will be a dangerous idea.

Security concerns for those who operate big sums of money or have trade secrets are essential and Internet cannot provide it thus businesses have to use different tools to still make e-business possible. In order to reduce or eliminate risk of data theft, companies have started developing sites where it was safe to share information. Mostly big companies with high profits can afford such sites for the reason of expenses involved in setting the systems up and keeping them effectively running. With the help of such Web sites companies are able to communicate with their trading partners and receive information by using passwords that guarantee restricted access to the site. Such sites are called extranets; they establish a secure communication channel between two or more companies, suppliers and vendors. With the help of such network available for all players, supply chain as the most important business component is managed more efficiently causing better returns. Before extranets were implemented those firms willing to have a secure channel of communication had to send software to their partners. Such programs were expensive and difficult to install, besides it took a lot of time. Current situation does not require a lot of time or effort from neither side, now companies just have to direct their associates to a safe Web site with a specific password. By the year 2000, more than 10% of Fortune 500 companies were employing extranets and about 75% were intending to do so. Statistics show that generally companies with more than thousand employees install extranets because small companies usually do not work with businesses but with end product buyers.

One of the most significant benefits of extranet installment rests in the reduction of workload in the company. There is no need to specially place orders to have the inventory restocked vendors only have to access common extranets that they share with their customers. They can also check supply and order delivery automatically in real time and make sure that it was delivered. Having instant access to corporate data that shows ordering history and buying patterns is another great value that extranets create for the partners. They allow making forecasts about future deals on the basis of ordering patters that are reflected and can be easily found on the extranet. Clearly if the company works with many vendors and buyers, it is important to ensure that all of them have access to their own information and extranets can do it. By providing all business partners with right of entry into inner data warehouse, customer and supplier relationship improves but most importantly it reduces costs related with employing people for call centers that have to respond to inquiries. In such a way companies are cutting down costs and reducing number of steps in supply chain resulting in faster accomplishment of company’s objectives. According to extranet service providers, extranets are able to get suppliers to deliver needed components just in time, as they can check the availability instantly and make a delivery. This practice will keep companies from storing inventories for long periods of time and paying extra for warehousing. It will not only simplify the procedure but make it more transparent for all parties. If the businesses are partners in manufacturing certain products, extranet will be necessary for speeding up and product development. In this stage fast communication and clarity is essential for instance for such companies as aircraft manufacturers, who are frequently working together on the projects.

Delivery times will be reduced if partners are aware of what and when components need to be completed, thus facilitating physical and operational efficiency of the project, which are parts of the supply chain. Cycle times and their costs can also be reduced with implementation of extranets. When performances are controlled by direct customers in real time it serves as a perfect encouragement for the completion of a job in timely manner regarding quality standards. This does not imply pressure over workers but rather a controllable process through which everyone receives satisfaction. Extranets for the most part are used to provide a better customer service and coordination of the business procedures in order to stay informed about current industry tendencies. In order to receive more business proposals and loyal customers, companies also decide to install extranets. As was already mentioned clients with regular access to their own information trust partners more and choose to do business with them over those who have work under old systems. Overall responsibility of extranets is to show business partners such as vendors, suppliers and buyers their mutual workFree Web Content, if it’s effective or not and to make the right decision about future projects. Measuring performance in real time is easier and faster than having to deal with heaps paperwork that takes up loads of time. Thus extranets are efficient as tools for managing supply chain in general and in minimizing its specific steps throughout production and distribution process.