Tuesday, June 30, 2015

Opening A Store On eBay

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Stories seem to crop up all the time about someone who someone knows who is making thousands of dollars each month selling items on eBay, and these stories always make it out to sound like making money on eBay is the easiest thing in the world; if you have ever tried to start a store of your own on eBay, however, you have probably found that it is a bit more complicated than these stories make it out to be - and that you need to gather a few more tips before you will be able to meet with success.

When people open up a store on eBay, one mistake they often make is that they only have a few items to sell; if all you want to do is unload a few items from your garage or attic, you can do this with a regular seller account, but if you are wanting to open and eBay store and make some serious cash, you should make sure you have a full inventory ready before you set up your store, knowing that the more items you have, the longer people will stick around to browse through your store, and the longer they stick around to browse, the more likely they are to bookmark your store and to tell others about it.

Discouragement also tends to set in when someone's store does not take off right away, and because of this, they do not pay as close attention as they should to the few sales they are making; your early sales will be extremely important to your long-term success, as you will need to get a few positive reviews before you can start making more sales. Get in the habit during those first few sales of paying close attention to the sale - making sure the product is in good shape, shipping it out quickly, and even including a note to the person, thanking them for their purchase - as this will ensure some ever-important positive ratings early on, and this will put you in the mindset of always taking good care of your customers as your eBay store starts to expand and business picks up.

And once these positive ratings roll in, it will be time for you to expand: get people to mention your store on twitter and facebook, ask people to mention it on their blog, and talk it up in person - and soon, you will be one of those success stories others are hearing about!

A Business Guide on How to Utilize Social Markets to Their Advantage

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A very well developed area of the internet today are social media sites. An overwhelming majority of people who go online on a daily basis tend to use social media. Linkedin, MySpace, Twitter and Facebook are some of the sites that are used. Businesses have started to realize that these sites open new opportunities for them. In order to help them maximize these opportunities Dave Evans wrote Social Media Marketing The Next Generation of Business Engagement.

Evans seeks to help people that work in different business arenas take the necessary steps for their business to apply social technology. A variety of tools are available to help ensure high levels of customer engagement and he details them all. The best way to accomplish this is by looking at the initial attempts at social media marketing and learning from them. Moving forward in the best way possible can be done after surveying this knowledge.

One of the top reasons businesses use social marketing today is to build customer and partner loyalty is through these sites. Long term benefits will be realized from this loyalty. This loyalty will move throughout a company and how this happens is also explained. A company should not use social media just in their marketing department and no other areas. Valuable information from these sites can be gained by the customer service, product development, and HR departments.

Dave Evans takes a more in depth approach to social media than many other books. Many books will glance over the topical information that is readily available about these sites. In place of this common approach Evans helps his readers to understand how the many different areas of their business can benefit from these sites. Although social marketing is a relatively new area of business operations, there is more than enough information to begin incorporating it into most business plans. Getting left behind on the newest business trends is the easiest way for a business to fail over the long term.

Monday, June 29, 2015

Top Reasons Why Small Businesses Fail

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Many people dream of running their own small business, but if you look at the statistics, you will find that most small businesses fail. In fact, less than 5% of small businesses are still in action just 10 years down the road from their initial startup date. If you become aware of the mistakes so many small businesses make, you can set yourself up for success with your own small business instead of setting yourself up for failure.

Poor location: The survival of most small businesses is dependent largely upon the location that they choose for their storefront. The excitement and anticipation that is part of the early stages of a small business creation causes many people to jump the gun on getting started. Instead of waiting for the right location to open up, they find something available and jump at it; but remember, once you are in place, you are probably there to stay. Another motivation for people to take a lesser location is because of a lower price; but the extra money for a good location will pay dividends in the long run!

Saving money: Trying to save money on a location is not the only place where small businesses fail because they try to save money. Lots of small businesses hurt themselves in the long run by saving money in the present on presentation or creation. If you want people to spend money on your product or service, you need to first spend money to make it good and appealing!

Name recognition: People are already familiar with the big brand names, and this is one reason why they continue to draw customers. Small businesses need to learn the importance of going out of their way to create name recognition, as consumers are far more likely to part with their money when it is going to a name they know. You can use advertising, promotions, an online presence, or even a combination of the above to start stirring up name recognition.

You can certainly achieve your dream of running a small business that sticks around for a while. By learning the mistakes most small businesses make, and by making sure you avoid them, you can make this dream come true!

Great Investment Books For Every Investor

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Hundreds of new investment books are published annually. Some of these books tell you that you can use them to get rich quick by investing a certain way. Other books claim to be packed with principles that have been around for ages, that are "tried and true." Some books try to help you make money in the long run, and others know exactly how to play the market right now. Some of these books are written by those who have had great success in the stock market, and other books have been written by those whose portfolio you would not like to have yourself. So the question becomes: How do I know which books are the right books? The answer is actually rather simple: forget about all these books; instead, go back to the ones that have been around, the ones that have stood the test of time. While there are certainly books published recently that could help you a great deal, it is important to first lay a foundation with books that have been proven to be invaluable. Whether you are a new investor or have been building your portfolio for ages, these three books are full of wisdom and advice that can help you moving forward.

1) The Intelligent Investor: This book, written by Ben Graham, was originally published in 1934, and even today it is still considered a must-read. In fact, Warren Buffett has called this book "the best investing book ever written."

2) The Essays Of Warren Buffett: Speaking of Warren Buffett, this is a collection of his essays, arranged by topic and relevance. While you cannot go wrong with any Buffett book, this one is a great place to begin, as it will help you in every area of investing.

3) Common Stocks And Uncommon Profits & Other Writings: This book by Philip Fisher explores fifteen qualities of an excellent business. These in-depth thoughts from one of the greatest financial thinkers in history is sure to help you expand your portfolio.

While many people think of the stock market as something scary - akin to gambling - you can follow the tips of the men who knew how to make money in the stock market, and by so doing, you can begin to do the same yourself.

Keeping Visitors On Your Website

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If you are running a website, regardless of whether you have this website in order to promote your small business, or in order to try to make money through search engine marketing, you will probably be putting a lot of emphasis on getting people to your site - using search engine optimization and other creative efforts in order to do so - but one thing you should also keep in mind is the fact that just because people show up on your site does not necessarily mean they will stay!

Design: Even though it might not make a whole lot of sense when you consider that people did not come to your site for the design, but instead came because they input a search in a search engine and your site showed up, this is still the first thing most visitors will notice; the design of your site does not have to be perfect, but if you do a poor job with your design - to where it bothers visitors - they are likely to leave right away!

Relevance: As long as your design has not caused your visitors to immediately disappear, the next thing they are likely to pay attention to is exactly how relevant the content is to the search they showed up because of; this means that it will be important for you to know what your primary keywords are on each page, as this will enable you to make sure your content will be relevant to the searches that bring people to you.
Quality: And of course, a good design and relevant content will not be able to rescue content that is of a low level of quality - so make sure you focus on this final aspect of your site in order to keep people around, and to make money in the long run!

As you build your website, make sure you are paying attention to these important elements in addition to your efforts to bring traffic your way, and in the long run, you will achieve the success you desire!

Is Dilbert Okay For My Employees?

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We all are familiar with Dilbert cartoons, and even as a boss you probably think that a lot of the cartoons are pretty darn funny. After all, these cartoons are not making fun of you, right? But then again, when you start to see Dilbert strips tacked up on your employees' cubicle walls, it is easy to start second-guessing this self-assuredness. Even though it might seem silly or paranoid to consider that Dilbert has any effect on morale, it is also difficult to push from your mind those articles you read that, you know, said that Dilbert actually does have a negative impact on employee morale. And so, you finally face the question yourself: Are these cartoons negatively affecting employee morale?

One consideration to keep at the forefront of this discussion is the fact that humor, of course, is good for morale. Certainly, the fact that these strips caused your employees to laugh is a positive sign.

Of course, the issue is that light jabs at corporate culture are at the root of most of these laughs. And it is difficult to keep your own self out of the specifics of this discussion when you see a cartoon on an employee's wall that makes fun of the boss. The solution, however, might not be as simple as just banning the cartoons from people's cubicles. After all, you are sure to make employees think you are completely out of touch with the way they feel if you make such a brash decision.

A better form of action is to look at the strips yourself instead of ordering that they all be taken down from walls in the office. The reason many of these strips are thought to be funny is because they make fun of the things that are wrong with corporate culture; if your employees think these strips are so funny, there is a chance that the problem does not lie with the comic strip itself. The problem might actually be with your company, and with the way it is run!

While this discussion might seem somewhat trivial on the surface, it is important to note that many companies actually have banned Dilbert from cubicle walls. Every boss wants to improve morale around the office, but instead of banning humor and hoping it will do anything but alienate employees, you should aim to improve employee morale by improving all the ways in which your business itself is run!

Sunday, June 28, 2015

How To Make Money Off Of Antiques And Garage Sales

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It is always nice to pick up new ways to make money, and while many people tend to look for “conventional” ways to make money (which often leaves them wishing there were more available options as far as “conventional” ways go), you will probably have much better success looking for ways to make money through unconventional means. If you are starting to look for some unconventional means by which you can pull in some extra cash (or by which you can eventually even make a living!), one thing to consider is trying to make money through antiques and garage sales – but not through your own antiques and garage sales, either!

When you browse through an antique store, it can often seem like everything is priced way too high – but the amazing thing is that a handful of the items in each of these stores (not all, but a handful!) are actually great deals compared to what the same items are fetching on such sites as eBay. In order to make money by selling antiques, you should go antique shopping and see what catches your eye; once you have priced a number of items you think might be worth reselling online, you can check on such sites as eBay to see what these items are selling for, and if they are selling for far more than the price at the antique store, you can purchase the item and resell it yourself!

If selling items from the antique store can be likened to winning a small jackpot, buying and selling items from garage sales is like the meat and potatoes of income – you won’t make a ton at once, but you should always be able to get a steady influx of money. When people have a garage sale, they are usually wanting to simply clean out their house (usually because they are moving or remodeling), and they are less interested in making money than they are in getting rid of everything; because of this, you can often buy great items for anywhere from a quarter to a couple dollars, after you have stockpiled from garage sales, you can start listing these items online for whatever they will fetch – making several dollars of profit from every item!

Becoming Better At Sales

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People who are in sales for a living recognize the value of sales (after all, they depend on sales for their livelihood!), but it is also great for people in every area of life to understand the importance of sales, as sales reach much further than just sales in business; regardless of what you do for a living - or what you do in life - here are a few things for you to keep in mind in order to become better at sales.

One mistake a lot of people make is that they try to sell a product, but if the person to whom they are trying to sell the product has no connection with them (or worse, if they do not like them!), the sale will probably not be made; one of the most important things in sales is knowing how to sell yourself - recognizing that people are a lot more likely to buy something from you if they like you and trust you from the start.

Many salesmen make over-the-top promises that they cannot keep (and that they have no intention of trying to keep), but instead of making promises that you will be unable to keep, you should instead make it your goal to always go over and above what the person is expecting of you; when you do this, you will give the customer a much more satisfying experience, and will bring you more business in the long run, as people are likely to spread the word about you if they have a good experience (in the same way they are likely to spread the word about you if they have a bad experience!).

And as you keep in mind the realization that people are likely to talk to others about their experience with you, you also need to realize that it is up to you to fix any problems or issues the person to whom you made the sale deals with in the aftermath. One of the best things you can do in sales is to realize that your responsibility does not end when the sale ends - but rather, your responsibility ends only when the customer is one hundred per cent satisfied!

Saturday, June 27, 2015

Hiring Hard-Working Employees

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Hiring people who will help your business to run well will be one of the biggest things about running a business; after all, you are essentially putting the reputation and the wellbeing of your business in others' hands when you hire people, and while it is impossible to monitor your employees at all times (and while no one in their right mind would even want to do this!), it is possible to ensure that the employees you have will represent your business well, as long as you know how to hire hard-working employees.

These days, too many businesses fail to realize that the struggles of the economy make it easier for them to find truly talented employees, and the first step to finding such employees is getting the word out so that people know you have a job opening available; when you make sure as many people as possible know about your job opening, you will ensure the greatest number of "great candidates" applying for the job.

The first thing you will want to do is narrow down the prospective employees based on resumes, of course, but you should also make sure you are willing to interview all the employees you are on the fence about; after all, it is better to take some extra time and make sure you are getting an excellent employee than to make a quick decision and wind up with someone you wish you had not hired.

And have a clear picture of how your interviews will be structured before you bring interviewees in for their interviews, and know what you are looking for - as far as answers go - from the people you are interviewing; when you do this, you will be able to guarantee that you are getting the most out of the interview process, instead of putting yourself in a position where you are "flying blind" as you try to select a new employee.

As you follow these tips, you will be able to ensure that the people you are hiring will be hard workers, and will help your business continue to grow - and these things will pay off in a big way as their time with you lengthens!

Tips For Getting A Loan For Your Small Business

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These days, plenty of people are considering starting up a small business of their own, either because of layoffs, because of difficulty in getting a job in the current market, or simply because this is something they have always wanted to do, but before you will be able to start a small business of your own, you will probably be in need of a small business loan; the good news about getting a small business loan is that as long as you know what you are doing, the process is not that difficult at all.

Writing a detailed business plan will be the first major step in getting a loan to start your small business; you will want to make sure this business plan projects at least the first 3 years of your business, and it should be as detailed as you can make it - including everything from your startup expenses to your projected month by month profits over this span of time that the business plan covers.

As you attempt to decide where to go for this business loan, realize that many people automatically think of going to a national bank, but because of the state of the economy these days, it can actually be more difficult right now to get a loan from a national bank; in all actuality, you will probably be better off setting up a meeting with the bank manager of a local bank, as this will enable you to make a connection with someone who is high in the local business hierarchy while also giving you a better chance of procuring that loan.

And finally, you will have to do your monthly debt to income ratio for the bank, and will have to give them a record of your last 3 income tax returns; once you have done this, they will do a credit check on you, and if all goes well they will be ready to give you that small business loan, and you will be ready to get your business up and running.

The dream of running your own business is certainly something you can attain, and when you know the steps you must take to get that ever-important small business loan, you will be that much closer to making this dream a reality!

Friday, June 26, 2015

How To Deal With Excessive Noise While Working

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If you have a job at which your co-workers have a tendency to make a great deal of unwanted noise (or if you work from home and have to deal with excess noise from your neighbors or the people with whom you live), it can be difficult to get your work done in a successful manner. While you are unlikely to get your work done in an optimal manner with this noise rattling around in your ears, there are a few steps you can take to minimize the negative effect this noise has on you, and to maximize your efforts toward work.

The first thing you can try doing is listening to music while you work; while some people find that listening to music does nothing but distract them, others find - especially when they play music that they already know (which keeps their mind from focusing on the music closely) and that they enjoy (which also keeps the mind less focused on the music - that music can be a great way to drown out unwanted noise.

You can also consider getting a package of ear plugs that are effective and highly rated, as these can block out the noise that has been hindering your work, and can allow you to get back to work in relative silence.

The most amazing product of all for drowning out unwanted noise is a white noise machine; the Sound Conditioner Sound Screen SleepMate Electro Mechanical White Noise Machine is the best product on the market when it comes to white noise machines, and at only $50, you cannot beat the price for the gift of silence (in the form of white noise!) it gives you!

Even though it would be great if this excess noise would simply disappear, this is not always a viable solution, and so it can be hugely beneficial to find another way to solve the problem - and you should have no problem doing exactly that with any of the above suggestions!

Set Ground Rules In Order To Resolve Conflicts In Your Business

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One thing that can dismantle your business more quickly than anything is unsolved, incessant, internal conflicts. Although you cannot be in the middle of every conflict as it happens (nor do you want to be!), you can have ground rules in place for resolving conflicts. With ground rules in place for resolving conflicts, your employees will be able to solve their disputes calmly and with as little mess as possible!

One of the first things you want to do, in setting the ground rules for resolving conflicts, is to make sure that the processes are detailed and documented. Your ultimate goal, when it comes to employee conflicts, is for the employees to be able to police themselves, resolving the conflicts on their own. If there is no documentation for your ground rules, employees will not know whether they are following protocol when resolving conflicts.

You should also make sure that you take a personal hand in creating an environment that is conducive to open communication, as this is important for helping your employees resolve conflict. Your employees should feel comfortable communicating with you because of the way in which you communicate with them, as communication should always start from the top and work its way down from there! When you establish an environment in which employees feel comfortable communicating with you and their other managers, they will also feel comfortable communicating with one another.

In the end, however, you also need to have a step in place that does enable you or a manager to step in and resolve conflict if the employees are unable to do so on their own. In this way, you can ensure that you still have a clear view of everything that is going on in your business, and will be able to keep things under control.

Few things can derail a small business as quickly as conflicts among the employees. But you will help your business run much more smoothly once you learn how to set ground rules that enable employees to take care of their conflicts on their own as much as possible!

The Eight Essential Steps To Conflict Resolution!