Sunday, 4 April 2010

How To Avoid Your Business Going Bust

Business Plan in a Day book
Businesses going bust is a common occurrence but in most cases this can be avoided simply by taking sensible and objective actions to prevent it. Unfortunately these are not taken until it is to late for a recovery plan. Therefore if you find yourself beginning to follow the route of your business going bust then now is the time to take note and make sure a u-turn is made.

I have given areas that should be addressed which should form an action plane to steer you on the route to success again. You will wonder why this wasn't done before if implemented and put into place

  • Not having a business plan seems like a fundamental error in any business, do you have one? If not it is no wonder you are heading along the road to failure. Get on up and running straight away. Who knows, your business may not be a goer if you make one. You may as well quite now before building up too many debts. On the other hand, you will see the way forward to profit if a viable plan is made.
  • Technology is essential in any business. Ff you are not up there keeping pace with it your competitor are and you are again on the road to failure by not. This is the 21st Century the age of new technology, if you don't use it you will end up like the dinosaurs.
  • A one man business is never going to work. If you are a go it alone to develop your business and to grow means that yo will certainly have to consider staff. Who will deal with the work, advertising, canvassing, paperwork, promotion, cover for well earned holidays you will need, advertising and of course look after you and consult for a second opinion on business decisions. If you got it alone you are doomed to fail.
  • Do you underestimating the skills and requirements to starting and running a business. Self analysis should have been made before any business is started up. Do yo have what it takes? Passion, hard work, drive, expertise in your field of business, experience and existing network of customers lined up, marketing and operational plans. And lastly but by all means not least that 'turning up for work come what may' factor?
  • Successful entrepreneurs are often charismatic extrovert and tell a good story. You need an extrovert Sales Director or employee in order to complement you if you are an introvert. Keeping good employees is difficult and are head hunted. Always consider second best for loyalty, but never cut your head off employing inefficiency in your work staff.
  • Promotion and marketing is expected as the most important part of any business. Know who and where your customers are and join up or create Trade Associations for your business genre. This is vitally important and overlooked by many businesses.
  • Finally get off your backside and network your business. Success is guaranteed if this is done effectively Let me quote the well verse saying "It's not what you know, but who you know". This is, so true! Join up with networking organizations there are hundreds that will help your business get seen.

If you ignore all these points the chances are that your business will go bust before very long. Business is a science and science has hard and fast rules that need to be applied. Take heed.
Reblog this post [with Zemanta]

Wednesday, 31 March 2010

Do You Like Cheating? - This Site Is Just Up Your Street If You Do

The "Town" room in Club Penguin
Winning games sometimes makes you money so here is a useful site that gives you cheats on games and is free to join.

Now I don't believe in cheating, it's unfair of course but there are some who do. If you are one of those people then you can sign up for a free Club Penguin Membership. It is as simple as that and you will be entitled to have access to clubpenguin cheats to your heart content.

Free Club Penguin is there to join, so if you want or have to cheat this is your cheating paradise.

A short post I know, but if delivers the message simple and clearly.

Reblog this post [with Zemanta]

Sunday, 28 March 2010

Diversity Is The Key To Successful Blogging Income


I wonder how many people actually make a living our of blogging? this would have been quite possible a few years ago, when apy per psot reviews paid good money, but the belts have tightened in revenues paid out for reviews to blogging authors. I fear that many who used to make a living from it have had to find alternative ways to make money and this is the point that is going to be made here.

Easter arriving and so the saying goes, "Don't put all your egg in the same basket!" Blogging for a living is al about spreading the sources of income not relying on one source. Don't just rely on paid reviews from one online company, register with half a dozen. Don't just rely on review writing, get the AdSense up and running, sell products with Amazon on your site and join as many traffic generating communities as you can to get your popularity to rise.

Do you have friends or family who have businesses with products or services they sell? Write reviews on them and have a permanent banner for them. Effectively this is you being an affiliate and you could make a little on commission from sale that you generate although you may just ask for your site to be included in brochures or advertising material that goes out with the business in return. This will generate more unique traffic for sure.

I have already mentioned business cards to generate more traffic, but mention it again as it is an important area if you are serious about making money online. I know there is a little investment needed for this although you are already investing by paying for your site to be running which in fact is probably more expensive!

As the title of this post says, "Diversity Is The Key To Successful Blogging Income." This is so true as if one area fails, there are many other that will still pull you through.



Reblog this post [with Zemanta]

clixsense