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Do You Have Designs on a Mobile App?

May 21, 2014 by Thomas

asuccess 52114As a business owner, what were your top goals coming into 2014?

Some may say lowering their budgets, while others may point to making better hires. Still others might have focused on becoming more adept at social media.

No matter what your primary objective was when the calendar turned to 2014, thinking about how you can improve your business model should be a never-ending focus of what you do.

With that said, how mobile is your business? Specifically, does your business offer a mobile app?

If you don’t think about the following information from j2 Global and eMarketer:

  • Barely 13.5 percent of small businesses noted mobile marketing was a top priority for them;
  • It is projected that more than 45 percent of Americans will use the mobile Internet at least once a month this year;
  • Nearly 70 percent of those individuals running small businesses state they have used or will use Facebook mobile apps in their marketing efforts this year. Meantime, nearly 43 percent have used or will use mobile Twitter apps, while just over 34 percent have used or will be using mobile YouTube apps.

Don’t Wait for a Mobile App, Get it now

With those numbers in mind, what are some reasons you need to get with the right mobile app design company and push forward with a mobile app this year?

Among the reasons a mobile app can be beneficial to your small business:

  1. Consumers are on the go – Face it, many consumers are shopping while at work, running around doing errands, or from the comforts of home. Yes, many people still shop in person, but there is a growing block of people that can increase your revenue stream when they can be mobile shoppers. The bottom line is mobile apps, tablets and smart phones have revolutionized how Americans shop. Even if someone doesn’t buy a product or service from you, having a mobile app is crucial in order to provide customers with product and service information (see more below on marketing), directions to your business, your hours of operations, contact details and more;
  2. Your competitors likely have one – While you can’t be fixated 24/7 on what the competition is doing, it is a rather safe assumption that your competitors have mobile apps. In that case, they’re already one step ahead of you if you don’t offer one;
  3. Data gathering – Although some businesses still rely on a paper trail of information to see what customers shop for, purchase etc. more and more are finding mobile apps can serve as a treasure trove of data. In a day and age when money is tight and time is of the essence, having key data with which to rely on is important. When you target current and potential customers with ads, knowing what their likes and dislikes are via mobile app data gathering saves you time and money;
  4. Affordable marketing – With a mobile app, you can spread the word about the products/services you have to offer. By utilizing the incoming data that you can receive by having an app, you can target your marketing efforts towards those most likely to buy from you. When you find relevant people, you focus in on them, allowing you to drive more sales.

Now that you can see all a mobile has to offer, take the time to find the right product.

Yes, there are countless app designers to choose from, but which one is best for your brand?

First and foremost, find one that comes with high recommendations.

Along with word-of-mouth, be sure to visit the designer’s website and check their social media action on Twitter, Facebook etc. Look to see what kind of social interaction it is they have with consumers, along with how often.

Also do a Google search of the company’s name, looking for any flash points.

If they’ve received a number of customer complaints, have had issues with the Better Business Bureau (BBB) or have stability issues with their finances, those are all red flags.

In a day and age when mobility is key, is a mobile app on your priority list for 2014?

Photo credit: KROMKRATHOG / FreeDigitalPhotos.net

About the Author: Dave Thomas writes about a variety of subjects on the web, including small business, social media and finances.

Filed Under: Marketing /Sales / Social Media Tagged With: bc, brand, marketing, mobile app, technology

Are You Properly Managing Your Accounts?

May 14, 2014 by Thomas

photo for success blog 51414You know how it is when you are running your own business.

There are a thousand things to do, many with urgent deadlines. It’s easy to let some things slide, like your accounts. Until you need money and realized you’ve failed to invoice some customers or followed up with others.

Here are some tips to help you stay on top of your accounts and keep bringing in revenue….

Utilize Technology

Many small business owners start out doing their accounts by hand.

They stick receipts in a drawer and file invoices or customer payments away until they need them. You may think you don’t need anything fancy if you are just starting out, but every business can benefit from using some type of technology. It may be an app that allows you to scan your receipts or a program where you can keep track of expenses.

The great thing about these programs and apps is that they automatically update for you.  Update – Creating and managing accounts is much easier when you use even the simplest programs.

Hire a Bookkeeper

You may not have the finances or even the need to hire a full-time accountant or bookkeeper, but you can find someone to work part-time.

It may even be someone you know who would work 5-10 hours per week on the side. Just make sure you find someone qualified to do the job. They can handle the routine tasks of sending out invoices and making payments to venders.

Learn the Basics

Take a class to learn about accounting procedures and bookkeeping.

Even if you do plan to hire a part-time bookkeeper, you need to understand the basics about financial accounts. It can help you recognize the best way to track expenses and understand the financial process so you can be better prepared to manage your own finances.

Schedule Time

Make a regular appointment with yourself to go over your books.

If you hate dealing with the financial aspect of your business, you will put it off. This only makes things worse when you do sit down to look it over.

Instead, schedule at least one hour every week, or more if needed, to go over your accounts and see where you stand.

Have a Business Plan

While you know the importance of a business plan to make your company grow and succeed, have you thought about it in relation to your finances?

Every time a customer pays late or you have to spend time hassling them about an overdue payment, you are hurting the growth of your business.

Figure out where you want to be in a year, five or ten years and realize that how you manage your accounts directly impacts whether or not you will reach those goals.

For many small business owners, managing the financial accounts is not their favorite activity. However, it is an essential part of business ownership and directly impacts their chance of success.

Make it a priority and follow these tips to help take your business to the next level.

Photo credit: smead.com

About the Author: Joyce Morse is an author who writes on a variety of topics, including finance and running a small business.

Filed Under: Business Life Tagged With: accounts, bc, billing, customers, finance, invoice

The Formula for Better Business Productivity

May 7, 2014 by Thomas

asuccesssFor your business to truly prosper and ultimately achieve its goals, you must look for ways to increase productivity or, simply put, find ways to get more done without sharply increasing your expenses.

Before exploring measures you can take to boost productivity in your workplace, it may be helpful to look at some of the things workers consider major obstacles to achieving optimal productivity.

Workplace Productivity Survey

Harris Interactive, a market research firm best known for its Harris Poll, in late March 2013 conducted a survey of just more than 2,000 professionals to get their views on productivity. The survey, commissioned by Ask.com, was designed to gather input on the factors that both hinder and maximize productivity in the workplace.

Reporting on the survey’s results in “Forbes,” Jacquelyn Smith said more than 60 percent of respondents cited noisy co-workers as a major productivity killer.

Somewhat surprisingly, 63 percent of those surveyed said they feel they can be more productive in a quiet personal workspace in the office than if they were working from home. The emphasis here is on quiet and personal.

Cubicles Rejected

More than a quarter of the survey’s respondents said they believed they could be most productive in an open office setting as opposed to a cube farm or a workplace that consists of separate offices.

The opposition to cubicles came as no surprise to Lisa Ross, vice president of human resources at Ask.com.

In the interview with “Forbes,” she said cubicles “are great for maximizing office space, but cubes are not known for being particularly exciting or inspiring. Your personal workspace is where you spend the bulk of your time, and I think office workers in general are hungry for something different.”

Impromptu Meetings

Another widely cited productivity killer is the impromptu meeting that occurs when co-workers drop in at another employee’s workspace.

Although these so-called meetings may begin with a work-related matter, they all too often devolve into conversations about issues that are totally unrelated to business. Nearly half of all survey respondents said they prefer to hash out work-related questions via email, instant messaging, or by telephone.

Other obstacles to productivity cited by survey respondents include group projects and sitting next to a supervisor.

Eliminate Productivity Killers

Hopefully, you can realize some productivity gains by eliminating some of these productivity killers in your workplace.

To do even more, here are six ways to take your office productivity into the next generation:

Five of these suggestions for increasing productivity come from Odessa Hopkins, owner of a marketing and advertising consultancy in Greenbelt, Maryland.

She shared her tips with writer Kelly K. Spors, who summed them up in an article for Entrepreneur.com.

Prioritize To-Do Lists

1. Prioritize projects based on their revenue-generating potential. It’s also helpful to take complex projects and break them into more manageable segments and attach a deadline to each.

2. Delegate or outsource tasks that don’t generate revenue. As a business owner, you may be tempted to try to juggle such essential tasks as bookkeeping, copywriting, and payroll, even though you may not be fully qualified to handle these responsibilities. This creates a time-consuming distraction from the all-important task of making money, which should be your top priority.

Don’t Over Check Email

3. Don’t interrupt your workflow by constantly checking your email inbox. Set your email server to retrieve messages only manually or at less frequent intervals — such as every 90 minutes. Respond immediately to email messages that require only a simple reply so that you don’t end up reviewing the same message two or more times.

4. Maximize your use of technology shortcuts. The inexorable advance of technology means that new tools become available every day that can streamline office and other workplace procedures significantly. Try to stay abreast of such new technology and the time savings it offers.

Train Employees Well

5. Train your employees well. While it may take a bit more time during the employee orientation process, it will save a great deal of time in the long run. Make sure your employees fully understand the jobs they are to perform and all the individual tasks involved. Otherwise, you and other workplace supervisors will be constantly interrupted by questions from employees who are unsure of themselves and how to proceed with various tasks.

Our sixth suggestion comes from an article posted at NevadaSmallBusiness.com and focuses on the importance of keeping your employees healthy.

6. Move proactively to increase workplace health. This might include the establishment of programs to help employees quit unhealthy habits, such as smoking, or the replacement of high-fat, high-sodium vending machine options with healthier choices. As a business owner, you can also encourage exercise programs and make sure that employees have adequate protection against workplace safety hazards. Cutting down on absenteeism due to illness or injury is a sure way to keep productivity at high levels.

Photo credit: newlifeoffice.com

About the Author: Don Amerman is a freelance author who writes extensively about a wide array of business and personal finance topics.

 

Filed Under: Strategy/Analysis Tagged With: bc, business, office, Productivity, teamwork

Mastering a Social Media Career

April 30, 2014 by Thomas

asociallle

Are you an avid Facebook user? Do you enjoy keeping friends up to date on your activities with multiple Twitter posts? Do your pins get re-pinned on a regular basis from Pinterest?

You just might be able to turn your love of social media into a career.

Career Options for Social Media Fans

You can begin as a content writer for social media sites and work your way up to manager and finally to strategist.

There are also other jobs in between these options that range from providing the content to organizing it to incorporating social media into an entire marketing strategy.

The different jobs require various experience or education and provide different levels of income.

Starting at the bottom is the content writer that can earn between $14,000 and $60,000 annually based on experience and the job demands. Public relations managers and social media strategists can earn six figures in the larger cities.

How to Get Started

If you want to know how mastering social media can turn into a career, you have to get away from your computer and meet the professionals.

Attend events, conferences, and seminars on social media. Don’t just sit in a corner and listen; use these opportunities to network. Pick the brains of those who are successful to find out what they did to get where they are.

Social media is just beginning to be viewed as a viable career choice. Because of this fact, there aren’t a lot of training guidelines and requirements to go by. Instead, it is more important that you stay updated on changes in the industry.

Know the latest technology and news about social media. You must know them in-depth, understand the newest tools and applications. You must know what is current, but also where social media is headed.

Of course, some standard education will put you ahead of the game.

A background in marketing and public relations or even journalism can give you an edge over the competition.

Perhaps the best advice for people who want to have a career in social media is to develop a strong online presence on social networks.

By creating networks and demonstrating your ability to gain a strong following, you can show your skills to potential employers.

Finding Jobs

Put your contact information on your sites to make it easy for people who stumble across your profiles to contact you. Join groups and establish strong profiles on networks such as LinkedIn to enhance your visibility.

Also, don’t be afraid to approach potential employers.

See a company that you’d like to work for that either doesn’t have a social network nor has one that is ineffective? Send them a message and let them know how you can help them. You have to be able to tell companies why social media is important and why you are the right person for the job.

As social media continues to grow and develop more credibility, more businesses and organizations will increase their interest in it.

This means that there will be more jobs for people like you.

Photo credit: my6essentials.com

About the Author: Joyce Morse is an author who writes on a variety of topics, including SEO and social media.

Filed Under: Personal Branding Tagged With: bc, career, marketing, networking, social-media

Keeping Your Employees and Budget Healthy

April 23, 2014 by Thomas

asuccessHealth insurance can turn into a crazy puzzle for small business owners.

Where larger companies, by law, must provide health insurance to their employees, small businesses have more leeway; however, this sometimes can just add to the confusion.

The bottom line, if you can afford to offer good medical coverage and health insurance to your employees, no matter how many you have – do it.

What if it’s a financial struggle?

There are instances where offering health insurance may not be feasible to your company financially.

If your company is small, you may not legally have to offer health insurance so you can consider these things in deciding to offer or not….

• Longevity of employees – It’s rare that part-time, independent or short term employees will receive medical coverage, and you’re not obligated to do so. Save the insurance benefits for your full time, permanent employees.

• If you have a tiny company, say just a handful of employees, you are not legally in a place to provide health insurance. If it’s financially not possible, you may choose to wait until your company grows financially and physically to offer health coverage.

• With the new laws in place under Obamacare, many small businesses can qualify for tax incentives by providing health coverage to their employees. Before writing it off as not possible, take a look into what you may gain by offering health insurance.

How does offering health insurance to your employees help you?

If you can, it will pay off in the long run if you provide health benefits to your employees….

• For one, some possible great employees may pass you up for a company that can provide health coverage for them. You don’t want to risk not getting the best because you don’t offer health care plans.

• Your employees may be more apt to stay for the long haul if they feel comfortable with the health care plan you can offer. People will shift companies depending on health care these days, as it a big expense to pay for it on your own. If you can offer it, do so.

• You can help your employees by avoiding lapses in health insurance coverage. When they come on board, you can have your plan go right into effect rather than having your employees search out medical insurance in the midst of taking on a new job.

• Employees with an insurance tie will feel more invested in the company itself and this can improve their satisfaction, engagement and overall well-being with your company and their job.

• You’ll save on sick days and illness within the work place. Those with medical coverage are more apt to visit a doctor than those without. Though you may lose a few hours or a day to a doctor visit, it beats a week or more for those who don’t get the needed medical care. It also can prevent sickness from spreading in the office, like strep throat or the flu – two things which can really take an office down.

No one likes to talk about medical coverage – it’s a big expense and a lot to think about it.

But if you want happy, healthy employees, you probably need to consider it.

Photo credit: hipstercrite.com

About the Author: Heather Legg is a writer covering topics related to small business, health and well-being, and social media.

Filed Under: Strategy/Analysis Tagged With: bc, coverage, employees, health insurance, jobs, medical

Quality over Quantity with Big Data

April 16, 2014 by Thomas

dataBack when computers were still a new technology for businesses, there was a simple acronym going around: GIGO. Garbage in, garbage out.

Basically, if someone fed a computer system flawed or mixed up data, they probably wouldn’t like the result very much. That wisdom still holds true in the newer and fast-moving field of big data.

Big data is exciting.

Used well, it grants the ability to analyze customer trends and wants, customer interactions, lead generation, sales patterns and so much more.

The result? Better understanding of customers’ behavior and desires, a better overview of what is working well in a business, and an opportunity to hone everything from content to products for greater success.

But big data can also be overwhelming and in the rush to adopt it, businesses might find they have a lot data but not a lot of quality. Flawed, irrelevant or inaccurate big data won’t serve them as well as they hoped.

When it comes to big data quality: GIGO lives on.

Businesses can clean up their big data act and access better quality data by paying attention to five key areas:

1. Planning
When it comes to keeping garbage out of the big data stream, prevention is definitely better than cure. Businesses would do well to shun rushing at big data in favor of good solid planning. Before harvesting anything, it’s vital to know what the aim of it is. What business area is being looked at? Sales? Engagement on social media? The behavior of a certain demographic? Knowing exactly what data is needed and why will make it easier to plan out a big data strategy that is focused on collecting exactly what is needed.

2. Collection
Data can come from many different sources. The more sources, the more chance of unhelpful or irrelevant data getting in. Businesses can prevent problems at this stage by figuring out how their big data is to be collected. What are the sources? Who will collect the data from them and what will they do with it? Before including a data source in your overall plan, check out the quality of the data that you’re going to get from that source.

3. Checks
Rigorous and regular checks of data quality are vital in building up a defense against bad data. When it comes to analyzing big data, the lower the quality of data fed into any analytic tool, the less helpful the results will be. To that end, businesses need to set in place a system of checks and balances to make sure the data that goes into the system is of good quality. To make the most of big data, quality control of the incoming data needs to be standard.

4. Training
Sources and stats are important, but to really make the most of big data businesses need to remember the human touch. At some point in the data collection process, employees are going to be responsible for collecting, sending, or analyzing data. Human error can and will happen, and it can lower data quality. Businesses can reduce the risk with training and education and by fostering team work when it comes to their big data plan.

5. Collaboration
From the IT department to the person analyzing the data, to a customer service agent taking details to fill out a form, getting employees working together is good for big data. The more everyone understands about why it matters and what their part is, the better. The same is also true of technology and data channels – the more a business can match up their sources and standardize their data collection procedures, the better.

Big data is big news, no matter the business size. Good quality big data is where the really useful information lies.

For businesses looking to big data, quality really must come before quantity.

Photo credit: Forbes.com

About the Author: Tristan Anwyn is an author who writes on subjects as diverse as health, marketing, business, and SEO.

Filed Under: Business Life, Successful Blog Tagged With: bc, big data, business, data collection

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