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Small Business Success Index 5

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73 marginal
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Marketing & Innovation 65
Workforce 76
Customer Service 88
Computer Technology 75
Compliance 92
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Archive for July, 2009


The GrowSmartBiz Conference wants to hear from YOU! Cast your vote today!

July 31st, 2009 ::

The GrowSmartBiz Conference needs your help! Do you have ideas or topics such as green business or how to secure government contracts that you’d like to discuss with other small business owners? Now’s your chance! We’re leaving one panel discussion at September 29’s conference up to you. The topic winner will be announced on August 10, so make your suggestion/cast your vote today!

The selected panel suggestion will be accompanied by the following planned topics:

  • Driving Small Business Performance with Marketing & Innovation
  • Raising Capital with Effective Finance Strategies
  • Getting Ahead in the Current Economy
  • Integrating Traditional Marketing with Social Media

For more information, or to add your topic suggestion or vote, visit: http://growsmartbiz.ideascale.com/.

Read more about the GrowSmartBiz Conference here and register by August 7 to receive $100 off registration. See you there!

Chris Anderson to Keynote GrowSmartBiz Conference

July 30th, 2009 ::

Network Solutions® is pleased to announce Wired Magazine Editor-in-Chief and Author of the books The Long Tail and Free Chris Anderson will be the keynote speaker for the GrowSmartBiz Conference.

Chris Anderson is a well-renowned, engaging speaker and we are excited to have him join us at the GrowSmartBiz conference,” said Roy Dunbar, Chairman and CEO of Network Solutions. “He has a tremendous background in technology and innovation, and truly understands the importance of small business, as well as the unique challenges small business owners face. This keynote – along with a well-established group of panelists – will ensure that attendees leave with executable strategies and tactics to grow their businesses.”

The GrowSmartBiz Conference will be held on September 29 at the Renaissance Hotel in Washington, D.C. The event is designed to help small businesses, from startups to well-established companies, successfully grow their enterprises and will include industry experts providing insight into key areas critical to small business growth and development.

Through keynote addresses, panel discussions and networking opportunities, attendees will leave the conference with:

  • Insights into best practices of successful small businesses,
  • Proven strategies for business growth despite the current economy,
  • Executable, cost-effective ways to market and promote their businesses,
  • Knowledge of what banks believe is the key to securing small business financing, and
  • Actionable ideas for integrating and leveraging social media into existing marketing and communications efforts

Registration is open and all attendees who register before August 7 will receive $100 off their registration fee. For more information visit the GrowSmartBiz Conference site. All attendees will receive Chris’ new book, Free, for free!

And, don’t forget to suggest and select a topic for one of the conference sessions! Visit http://growsmartbiz.ideascale.com/ for more details.

We're in Atlanta; Just Around the Corner!

July 24th, 2009 ::

How did the time fly so quickly!? Here we are, having a great time at the fantastically attended San Francisco and LA meetups and with just a blink of the eyes, Atlanta is upon and we’ve neglected to share the details.

Here’s the lowdown:

This coming Tuesday, July 28th, at 8:00 pm we’ll be at the Gwinnett Chamber Building hosting a free event for entrepreneurs. This time, in conjunction with the Metro Atlanta Council for Entrepreneurship. Joining us are:

  • Brent Leary, a crm industry analyst, advisor, author, speaker and award winning blogger. Brent is co-founder and Partner of CRM Essentials LLC, an Atlanta based CRM advisory firm covering tools and strategies for improving business relationships. Recognized by InsideCRM as one of 2007′s 25 most influential industry leaders, Leary also is a past recipient of CRM Magazine’s Most Influential Leader Award. He serves on the national board of the CRM Association, and as a subject matter expert for the Small Business Technology Task Force. In 2009 Leary co-authored Barack 2.0: Social Media Lessons for Small Business. He has written regular online columns for Inc. and Black Enterprise magazines, as well as for popular business sites including American Express OPEN Forum. Follow @brentleary
  • Randy Windsor is a director of online marketing at Network Solutions®. Starting out in the e-commerce division of Network Solutions, for nearly five years Randy has tracked the dynamic changes occurring on the internet, helping business owners’ understand the most worthwhile trends. Randy has addressed thousands of business owners, offering seminars and webinars on topics such as: Getting Started Online, Search Engine Optimization, and Doing More with Your Website.
  • Shannon King Nash is a CPA, Attorney, Author and Adjunct Professor. She is the President of the Nash Management Group, a business management firm based in Los Angeles and Atlanta. Shannon is the author of the award winning book, “For the Love of Money: The 411 to Taking Control of Your Taxes and Building Your Net Worth,” which uses popular song lyrics from Marvin Gaye to Snoop Dogg to teach tax and finance lessons. She also wrote the “Vault Guide to Tax Law Careers,” “Helping the Nonprofit Client, and “The Tax Exempt Toolkit.” Shannon has been featured as a tax/legal expert on many programs such as: The John Salley Block Party (KKBT 100.3 FM Los Angeles), Lamont King and Friends (XM Radio), and Washington Business Radio’s Market Close Live (WDMV 700 AM), Style Network’s Modern Girls Guide To Life and BET’s The Center.

You bring yourselves, we’ll bring some refreshments and topics:

  • Managing financial transactions
  • Bookkeeping basics and small business tax tips
  • Getting started online; building your web site and brand
  • Effective and efficient marketing methods

The Atlanta workshop is part of a five-city tour including Atlanta, San Francisco, New York, and Washington D.C. Subscribe now and we’ll send you details as they emerge.

Register for the Atlanta event here

Managing Financial Transactions, Bookkeeping Basics, and Small Business Tax Tips

July 24th, 2009 ::

The San Francisco meetup of Unintentional Entrepreneurs was a great evening and we’re glad so many could join us. Leading the discussion was Kevin Reeth, founder of Outright.com, with a review critical, financial fundamentals of starting your own business.

As a “Business Owner” you must… Generate your own income, fund your expenses, contribute to Social Security and Medicare, track and report income and expenses, pay income taxes on your profit, pay taxes at least 4 times per year, and track and report any payments to contractors. Already overwhelmed? Don’t be. With the resources available and a quick overview at your hands, you’ll find that getting started is easier than it seems.

Take a look at Kevin’s presentation and learn what it means to be in business for yourself. Get a better grasp of how to thinking about getting paid and paying others such as independent contractors. Most importantly, understand your taxes and learn about the opportunity to reduce liabilities and ensure accuracy with deductions.

Join bookkeepers and Outright.com on SlideShare.

Unintentional Entrepreneur, Unintentional Bookkeeper?

July 22nd, 2009 ::

Hopefully in the years to come, we will be able to look back on the current recession and say in our best Dickensian voices: “It was the best of times, it was the worst of times….”

The reasons for why it is the worst of times are obvious: massive lay-offs, skyrocketing unemployment rates, lost retirement nest eggs, etc. The reason for why it could be the best of times requires a little more imagination and a little more optimism.

Now we are at a point in our economy when entrepreneurship is not only a component, but a necessity for revival. The recession is paving the way for innovation, creativity, and even personal glory for those brave entrepreneurial pioneers setting off into the unknown to stake their claims. There are unlimited new streams of revenue, needs to fulfill with new services, and it is up to the entrepreneur to bravely go where no man (or woman) has gone before.

So now we have all these brilliant, hard-working, freshly laid-off men and women who are chomping at the bit to start that business they have always wanted to but never could: the Unintentional Entrepreneur. Unfortunately, these men and women are also being forced to become the Unintentional Bookkeeper.

For many would-be entrepreneurs, one of the greatest challenges that slows them down or holds them back is the thought of having to take on all the mind-numbing details of the bureaucracy and paperwork and bookkeeping involved in setting up and running a small new business. Entrepreneurs thrive on creative, big-picture thinking, and the last thing they want or need is to get bogged down by the technicalities of bookkeeping and tax prep and accounting, especially when they most likely lack the resources to hire people to do these tasks for them.

Unfortunately, these mundane details are crucial to success. In fact, one of the top pieces of advice from the IRS to entrepreneurs starting their own business is, “Good records will help you ensure successful operation of your new business.”

So what is to be done? Fortunately for the Unintentional Entrepreneur who does not want to become the Unintentional Bookkeeper, there are more services available than ever before to assist the financial and record-keeping operations of small businesses.

One of these services is Shoeboxed.com, the leader in online receipt and business card management. The service allows users to mail in their receipts, business cards, and invoices in pre-paid envelopes to be scanned and uploaded into secure accounts for tax organization, budgeting, bookkeeping, etc. It takes all the grunt work out of financial upkeep and provides peace of mind for good record keeping.

Like Outright.com, one of Shoeboxed’s goals is to provide the resources necessary for entrepreneurs and small business owners to focus on what is important to them and important to the economy: growing their business.

In the hope of paving the way for entrepreneurs to continue their innovations, and in the name of saving the Unintentional Entrepreneur from becoming the Unintentional Bookkeeper, Shoeboxed is offering an exclusive discount.

Unintentional Entrepreneur Event in Atlanta with Network Solutions

July 22nd, 2009 ::

Many of you might not have heard of a new blog from Network Solutions called the Unintentional Entrepreneur. The Unintentional Entrepreneur is focused on providing tips and advice on accounting and finance for small business owners. They also are starting events around the country called, you guessed it - The Unintentional Entrepreneur. Here are the details for the Atlanta event coming up on Wednesday July 15, 2009:

Unintentional Entrepreneur: Atlanta
The 3rd stop of a 5 city tour of the Unintentional Entrepreneur will make its way to Atlanta on 7-28.   The sponsor of the event, Network Solutions, is introducing small business owners and prospective entrepreneurs to the available resources and tools that they can take advantage of right now to be successful in today’s economic environment.

Network Solutions helps small business owners achieve their goals by providing tools and resources to start, grow, and manage their businesses online. Network Solutions has been involved with the Internet since its inception and leverages this experience and expertise to help businesses succeed in an increasingly digital world. Randy Windsor, director of Online Marketing at Network Solutions, will speak about noticeable trends that small businesses are using online today to get the most out of the web.

Also speaking on July 28, Brent Leary, Co-founder and Partner of CRM Essentials LLC, a Customer Relationship Management consulting/advisory firm, will focus on small and mid-size enterprises.  He hosts the Technology for Business Sake program, which airs on Business Talk 1160AM andwww.BusinessTechnologyRadio.com. His popular blog can be found at www.brentleary.com.

Technology For Business Sake is a radio program aimed specifically at those small business folks who are trying to understand the technology maze and figure out what tools, services and applications can help make them more productive and profitable.

Network Solutions has enlisted the help of the Gwinnett County Chamber of Commerce to host this event.  Their state of the art educational room will comfortably fit 150 attendees.  The event will take place between 4:00 and 7:00 at 6500 Sugarloaf Parkway, Duluth GA.  Pizza, beer and soft drinks will be served during the event to registered participants.   Limited space is available for this event.  Please register by 7-27 at http://ueatl.eventbrite.com.

For more information contact Tony Casteel, local marketing manager, Network Solutions at 770-309-4154, or by e-mail at  tony.casteel@networksolutions.com

Whats the difference ? Intentional and Intentional Entrepreneur

July 21st, 2009 ::

I started my online marketing business in 2003 when Hurricane Isabel hit the East Coast. Hurricane Isabel was the costliest and deadliest hurricane in the 2003 Atlantic hurricane season. I had lunch with a friend who told me about Google Adwords and now instead of going out and buying toilet paper and milk in preparation for the hurricane.

I searched Google for the keywords “hurricane Isabel” and saw there was only one ad there ( it was for a resort in the Carribean). I decided to test this with an initial investment of $75. Where did I send the people? To a Amazon page that sold “The Magic School Bus Inside A Hurricane ” of course I spent the $75 probably in an hour . Did anyone buy the book ? Of course not. And I been selling disaster equipment, crank-up lights or radios I would have had better luck. Nevertheless the $75 was investment in a real life learning experience on online advertising, conversions, landing pages and affiliate marketing. This helped me for the next few years as I became a Unintentional Entrepreneur ( http://www.unintentionalentrepreneur.com) and learnt the art of online marketing.

What is your story? Did you see and opportunity and  jumped at an opportunity? You can also foster this dialog by joining the Facebook Group http://www.facebook.com/group.php?gid=130591317183

All The Cool Kids Do It

July 21st, 2009 ::

I will fully admit. I am a late adopter on most social media tools.

Before you call foul, let me explain. It’s not that I am a Doubting Thomas, but my perspective is that I fully want to understand something before I try it out OR advise any client or friend to take that leap.
 
I have seem a client, jump head first into putting their business on MySpace before realizing that it wasn’t the best avenue to promote or market their business. I watched as the client became more confused and more frustrated why his roofing business wasn’t a massive hit just like the bars, nightclubs, bands, and promoters he’s seen have their friends list grow by leaps and bounds.

He felt dejected at the amount of time he felt he wasted. He felt like the contacts he made weren’t worth the effort to continue on this avenue of promotion. He was even more frustrated that I didn’t advise him sooner that this would happen. Keep in mind, he never asked my advice before diving in.

All the cool kids do it….
It’s easy to hear the hype about Facebook, LinkedIn, Twitter, and other social media tools (that’s what they are…not the silver bullet to success) and get lured in.  By now, you are hearing all about the great successes that people like Gary Vaynerchuk, Chris Brogan, and others are having using these tools, and though it seems like an overnight success, in reality…there was some serious time and effort to become a social media “overnight success”.

If you are looking for a quick fix, I’m sorry to tell you…these aren’t it.

Why do you want to join the cool kids?
You need to really review if these tools are good for you and your business. Before you do that, you need to determine what your reason for using these online tools and keep in mind that these are tools. While they cost you absolutely nothing out of your pocket, they do take time to use, work with, and grow.

Here are some questions, before you create that all too shiny new account, that I want you to keep in mind:

• What are you looking to get out of this tool?
• How much time are you willing to dedicate to using these tools?
• Are you using it to promote yourself or your business?

What you should look to get out of using these tools is making new connections and increase your brands awareness.

How much time you dedicate to these tools is entire up to you, but you get out of them what you put into them. Just simply creating an account isn’t enough. You have to get in there, get your hands dirty, and interact with people.

My best advice is to use these tools to promote yourself first and your business second.  Remember, these tools are used by human beings and they hope, I dare say expect, to interact with a human being. Not yet another wall between the customer and the business owner.

Are the cool kids really that cool?
In my opinion, the ones who maximize their personal and business brand online using these tools are really…that cool. They are keeping their finger on the digital pulse of their customers and supporters all the while allowing new prospects into the conversation.

Please keep in mind that is what these tools are used for, extending the conversation as they get more comfortable with you and your brand. This takes a lot of effort, this takes some time, some dedication, and a focus not on how many followers you have, but the content you are pumping out through these tools.

But is it really for you?
Ultimately, that answer is really up to you.

I am not trying to blow you off with that answer, but without fully knowing you, your business, or your company’s personality…I don’t feel confident asking you to take a leap on a tool that might night fit for you.

I suggest you take some time and do your homework about these tools. Ask the people you know who use them frequently to explain them to you and how they get the most out of them. Ask the people in your industry if they are using these tools. If they aren’t…look at if you feel it is worth it to you and if it is get in there first and, as Gary Vaynerchuk says, “Crush it!” Get in there and start putting your business, and yourself, in front of as many people as you can.

Here is a final question for you, have you ever used a social media tool and given up BEFORE you gave it the full time and understanding you could have?

If you’ve read this far…thank you.  And as all ways, stay wicked.

Bob London to Speak at Unintentional Entrepreneur DC August 5th

July 20th, 2009 ::

Bob is a great guy and has a lot of good will in the DC area. if you meet him you at once know he is going to do his best to make you successful. It was a no brainer when the mantle of the Unintentional Entrepreneur DC event fell on me to ask Bob to speak on the topic marketing to entrepreneurs. Bob has been helping local companies and start-ups. Come to the event on August 5th at Johns Hopkins University Montgomery Campus to get the secrets of Marketing by spending an hour a day. Attend This Event

Bob London - London Ink
Bob London, President & Founder, London, Ink www.londonink.com
Bob London is president and founder of London, Ink, a marketing and communications consulting firm that helps organizations define and prioritize their products and services based on what the market wants–or doesn’t want–to buy. As the DC area’s leading Virtual VP of Marketing, Bob works with established and early-stage companies to assess their market opportunity, determine the strategic options and develop a practical go-to-market plan.
Bob has managed marketing initiatives with annual budgets ranging from the $150 million network tv launch of MCI Friends & Family (back when network tv really meant something) to $75 (seriously!). Bob’s work and writing has been profiled or covered by the Wall Street Journal, The Washington Post, the Miami Herald, USA Today and Marketing News, the AMA’s flagship magazine. While building London, Ink, Bob has also become known as a serious networker who continually leverages face to face and online networking channels to generate targeted awareness of his business–an approach he has dubbed, “Cloud Marketing”.

On Becoming an Entrepeneur by Choice or By Force

Shashi recently caught up with him at a networking event and they discussed the current economic environment and the Wall Street Journal article that mentioned how more people are becoming entrepreneurs today. Whether that is by choice or by force it did not say but bob pointed out that “it can be a blessing if you have a buyout and are forced to take a hard look which could be freeing”.

Some great marketing tips for large and small businesses alike

1.) Do outreach to existing clients – Many companies might be concerned that your business might not survive and they will be without a key vendor to deliver a product or service – now is the time to reassure them you aren’t going anywhere and in fact turn up the customer service so you a remembered for the long term.

2.) If your product/service is your best advertisement, start over – We have seen companies spend millions of dollars on advertising to promote mediocre products. If they would spend a large portion of money on R&D or product development they would be much more successful with a great product that speaks for itself.

3.) Marketing is a reflection of product success – Marketing really should be used as a reflection of success for something already successful. The best message/tag line won’t fix at the core might be a product problem.

For the full interview, see the video below:

You Shouldn’t All Ways Get What You Want…

July 20th, 2009 ::

In my last post here on GrowSmartBusiness, “It’s called a SCOPE of work, you CREEP”, I was a little hot under the collar about projects getting pushed well beyond their initial scope. What I failed to mention, in that post, is before you even get to the point where an agreement is written you need to decided what marketing items/tools are truly best for your business.

I’ve talked with a number of small business owners and even large business owners and I am surprised to learn that effectively branding their business was not a large priority to them. They have felt that focusing on the things that will attract awareness when they aren’t present is…well…a waste of money.

Now please understand, dear reader, that I am not advocating you go out and exhaust your finances on a large flashy new marketing package, actually in my post on Solutions of Power “Marketing Your Business On A Shoestring Budget…” I dared you to do the opposite.

At the end of that post I advised you to do the following:

“This is a temporary fix. I strongly suggest once you start saving for marketing pieces to be designed by an experienced designer or design company.”

What I am asking of you now is to take the next step. You’ve been in business for while, you are slowly outgrowing your simple font and template website, and prospects are asking you for a little more information. Now it’s time for you to take your business to the next level.

At this point you should be extremely excited about your business and getting it in front of as many eyeballs as possible. Also at the end of “Marketing Your Business On A Shoestring Budget…” I also stated;

“Be a fan of your own marketing materials. If you take the time and care about the end result…it will show and yield results.”

It’s time for you to get excited. Here are the things you should think of as you get started.

Your Logo
This is the piece that will dictate the color, style, and attitude that will permeate throughout your marketing pieces and what your customers will remember, beyond your excellent customer/work service.

In reality, this should be the very FIRST thing you should work on. Working with a designer, come up with a logo that at a glance will tell your customers all about your company.
 
Your Business Cards
This is what you will leave with the people at networking events, with your proposals, and what people will hold on to when they are ready to call. Steve Fisher, on the Solutions of Power blog, did a great post on this called “Rules for Entrepreneurs #1: Make Sure Your Business Card Doesn’t Get Thrown Out”. Without reiterating those items take a moment to read it and come back.

Your Website
This is more than just an online brochure. This is what will be a source of your services, your personality, directions, mission statement, and a world of things that your potential customers will need to know just enough about you to pick up the phone and call.

Consistency In Your Designs
This, my friends, is the most important thing of all. You want your marketing pieces, and even the ones that expand beyond the three above, to be able to tell the same visual story about your company whether they are side by side complementing each other or separate from each other.

Inconsistency in your color choices, style, font choices, and etc. is a very easy way to distract or confuse your potential customers from understanding what you or your company is about. The last thing you want to do is give any reason for your prospects to dismiss you.

Before you begin the design process, remember you aren’t creating these marketing pieces for you to show yourself how cool you are. This isn’t about you, but your company. This is about the image you’ll be asking your future employees and contractors to present. Sometimes, you shouldn’t all ways get what you want, but you should get what you need to put your companies’ best foot forward on this next step.

The question for you is, do you want the best image to be presented or one that will only truly be appreciated…by the person who paid for it?

If you’ve read this far…thank you. And as all ways…stay wicked.