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Monthly Archives: January 2017

Women Entrepreneurs Business Plan

As a woman, the thought of leaving your current position to pursue your dream of starting a company can be daunting. But with the right planning and preparation, you’ll be your own boss in no time. The first step to entrepreneurial success is writing a business plan. A business plan is a way to discuss your company, explore your finances, and set goals. Any entrepreneur coach will tell you that it’s imperative to have a quality business plan to obtain investors who will fund your company. Here are the main categories you should include in your business plan:

Executive Summary

The executive summary should highlight the main points of your business plan. Although it’s usually the first section of the plan, it’s easiest to write this part last.

Company Description

Here you will describe your company’s concept and goals. What is your philosophy? Foreseeable obstacles? What are your resources and where will you allocate them? If you have too many ideas floating around that it becomes difficult to hone in on one theme or philosophy, hiring a woman business coach can help. As a professional entrepreneur coach, they will help you sift through your ideas and pare them down to establish one cohesive plan.

Competitive Analysis

Researching your competitors will help you determine how your company should operate. Who is your competition? How are they successful? In what ways can they improve their operations? By answering these questions you’ll be able to determine the best ways to get your company a step ahead of the competition.

Financial Plan

The goal of every business is to make a profit. How are you going to keep your costs low while still producing a quality service or product? Be specific! Investors want concrete ways that your business will make money because when you turn a profit, so will they.
Strategy and Implementation: This section should include how you’re going to produce your product/service and who your staff will be. You’ll want to include the amount of time and money it’ll take you to prepare for your grand opening, how your management structure will work and what your hours of operation will be. Just like the financial plan, your investors are looking for specifics so don’t hesitate to elaborate on budgets, dates and staff details.

A business plan can be long or short, but remember that in order to ensure future success, you should have distinct goals, a budget and a lot of perseverance. So get writing and create a successful future for yourself!

 

Online Networking Tips for Start Up

Organizing has oft-been viewed as a standout amongst the most helpful and productive courses for expert to meet and pick up customers. In any case, if this is the main road on which you depend, the development of your business could be hindered. The initial step to straighten out your perspective of systems administration in today’s specialized society, is to expose the basic misguided judgment that systems administration is constrained to handshakes and the trading of business cards.

With the ascent of the Internet, organizing has turned out to be less about eye to eye contact and more about the trading of thoughts, strategies, assets, data and more through a virtual system. Organizations are investigating a more extensive scope of chances and are discovering them while never leaving their work environment.

Shouldn’t something be said about the loss of that “individual touch,” that constructed your business from the earliest starting point? With these new virtual systems set up, potential customers can get to data about your organization with just a solitary snap. Which makes it progressively basic to have the best data about your administrations accessible to anybody that might search for them.

In order to ensure you have your best foot forward, here are 5 essential tips you must know to make your online networking campaigns a success.

1. Build a Solid Online Profile.

No matter what your expertise, without a solid online profile potential clients are not able to get a firm grip on who you are, and how you can serve them better than anyone else in your field. You should always have at least one solid site where you can direct potential business to learn more about you, your services, and even your pricing. With this strong online profile, you are able to give these potential clients a full list of your credentials, certifications, achievements, awards and testimonials that will assist in building trust for your brand before the first call is even placed.

2. Be Active in Online Communities.

Active online communities provide an outlet for likeminded people that share a certain quality to engage one another. If your business is driven by marketing to a specific, targeted demographic, these online communities are an excellent venue for you to promote your services. By joining in on the discussion, creating a strong relationship with the members, and sharing information on what you can do for them, you begin to build an element of trust. By sharing this expertise with the members, they will turn to you when they need assistance, advice or direction. Online communities are about building a presence in front of the people you wish to serve.

These communities can be local, national, or even international. They allow for your business to expand its reach, and ease entrance into a market you may not know that much about. It opens the doors for your business to gain access to vital demographic data that can help you succeed anywhere in the world.

One example of such a community is EFactor.com. EFactor is an online site that allows entrepreneurs to create a membership for free and provides the ability to connect with thousands of other entrepreneurs just like yourself across the globe.

3. Join a Major Social Networking Site.

The major social networking sites have connected millions upon millions of people worldwide – at no charge to them! Why not take advantage of these free services to promote your business to consumers that are actively engaged online, or other businesses looking to share ideas?

These services also allow for you to once again target the niche demographic you are looking to get in front of, while at the same time providing you with powerful personal information that can better help you focus what that target is.

Once you have created your profile and begun building your follower base, you are now afforded the chance of advertising your products, news and updates in front of thousands of people that are seeking them out. At the same time, this adds value to your internet presence by assisting in your search engine rankings.

4. Join in the Discussions.

Take the time to invest in finding out what your audience is thinking and saying. You have the ability to not just gain key market research, but at the same time build your reputation in front of the exact people you are seeking. Letting people know what you think will lead them to consider you an expert, and turn to you when they need assistance.

5. Build and Maintain Informative Sites.

You can never forget: there are always potential clients or consumers looking for the services you provide, online. You have the opportunity to assure those on a quest find what exactly what they are looking for: YOU.

Keep your sites up to date, fresh and full of information on your services and the industry you represent. Pairing this with excellent SEO will let the internet do the talking for you, and drive leads to your business without the day-to-day frustrations of hunting for them yourself!

If you keep these 5 important tips in front of you, it will merely be a matter of time before your online networking makes your business explode!

 

Grow Online Business

So you have beginning a business and now you are attempting to produce clients. Oh my goodness that building enthusiasm for your business is significant. So how can one form intrigue? It is difficult however I have a few tips to help you begin – online *and* disconnected. Simply take after the counsel by Marketing master, Craig Feigin.

Online brand building is as straightforward as giving enlightening substance about the item or administrations you offer. On the off chance that you are a land operator, for instance, you might need to expound on counsel on purchasing a home in the zone that you are offering.

“*The more accommodating and useful you are, the more individuals will believe you and your service.*” says Craig Feigin Getting individuals to interface on your articles is likewise greatly supportive. In the event that there is a challenge that draws in perusers to return to your site page and keep an eye on results then you can ensure an expansion in activity to your site.

Social networking will also help you build a following of people who are either existing customers or potential customers. If people see that many people communicate with you about the product or service you provide they are more likely to show interest in someone other people trust. Craig Feigin also provides information about his services at the end of all of his posts in forums and message boards. You can also put out a weekly newsletter describing current events relating to your product or service. You don’t want to constantly mail your customers (existing or potential) with nothing of substance. Make sure you are informative and have something to offer to keep readers engaged. Nothing will help more for your business then other people talking about you and your services.

Remember to continuously blog on your website and keep it updated with fresh content. This will keep you higher on the search engines and impact your traffic to your website. Publish new topics and always include your contact information int he blog with links and Facebook + twitter information. “Being cheap about domain names is one of the worst decisions a business owner can make.” says Craig Feigin. The idea is so have:

1.) A quality domain name that is easy to spell. Be sure not to settle for a domain with a prefix or add on endings just because the name you wanted is already taken. If your a Chinese restaurant that wants “thelotus.com” and you settle for “thelotus1.com” then you are making a huge mistake. Try picking names that are relevant to your service: “thelotusrestaurant.com” ” miamilotus.com”

2)Having many domain names that are similar to the services you offer is another good way to suck in traffic. If you apply all of the tips and tricks for generating traffic to your website on many different domain names, then it will appear that YOUR web pages are YOUR competitors. You can even have different phone numbers with a call forwarding services. “This is a great way to simulate a monopoly” says Craig Feigin.

Another tip Craig Feigin shares with us is to hire internet savvy employees. If your services and products are on the web. Make it apart of youremployees jobs to write articles and keep up with their blogs relating to your products. Have them answering questions and making friends with customers on social networking sites like Facebook and LinkedIn. Even you and your employees and can make informative youtube.com videos daily to put on the web as a source of traffic. You will be surprised how many thousands of viewers will be interested in your products.

Of course, Craig Feigin also advises to use traditional traffic building strategies such as buying traffic from Google Facebook, Yahoo classifieds, AOL classsifieds, E-Zines, Overture.com are also great additions to your strategies for bringing in customers/traffic. Another great method of bringing in traffic is offering FREE stuff. Free downloads, free advice, free coupons, free software, etc. It gives you a great image and maintains trust for your customers.

Remember that generating interest in your business does not come fast. It is important to be consistent with your writing, blogging, and fresh content. It also helps to be creative in generating interactive interest in your website and blogs. Craig Feigin gives away $1,000 prize for answering his “weekly 10.” With 10,000 followers hunting down Craig Feigin’s money he is generating a lot of ‘buzz.’ Remember to ask questions and reward people for responding with compliments or prizes. Stick to a schedule and never deviate from it. Maybe 1 hour a day 4 days a week. Be creative and provide quality and make sure to have fun.

Networking in Business

Systems administration is a key component for the development of any business. As the web has developed, organizing has changed shape. Innovation has given the devices required to making moment associations over the globe. Organizing capacities have taken a rearward sitting arrangement as online groups proceed to develop and give assets a long ways past the scope of a periodic meeting. As opposed to continually voyaging, business visionaries can rather meet and manufacture associations with partners and potential accomplices from the solace of their own office space.

Proficient systems administration locales, for example, LinkedIn, have given boundless chances to experts to construct their vocations and market themselves around the globe. However, LinkedIn and a considerable lot of the enormous kid systems are focused on more towards profession building and less towards giving the devices and assets to today’s business person. Anyway, where does the web astute business person swing to discover what they require? EFactor.com.

EFactor

EFactor, or the Entrepreneur Factor, is a vibrant online networking community made up of hundreds of thousands of entrepreneurs and investors across a broad spectrum of industries in over 185 nations. The focus of EFactor is to create a centralized location for entrepreneurs of varying experience to meet like-minded individuals, share tips and strategy all while increasing recognition of your brand. By utilizing EFactor, entrepreneurs are able to have an exchange of ideas with their fellow businessmen, receive incredible discounts on the tools they need, interact with potential business partners and clients, have access to potential customers and have funds for their starting business venture. EFactor is a virtual marketplace for today’s entrepreneur.

EFactor and Social Networking Sites

The structure of social networking sites has changed drastically since the invent of such sites as Facebook. The online networking industry has followed suit as many other industries today: focusing on a targeted demographic of users that will be best served by a niche community where they can interact with those from the same market, rather than having to search for people that may be interested in what they have to offer. These new niche sites bring people together that are looking for the exact same thing. EFactor has taken this route, and provides the necessary services specifically targeted to entrepreneurs. By using this avenue, EFactor users are placed directly in front of the people that need them, rather than being lost amongst millions of others on generic sites such as Facebook or Linkedin.

EFactor and Its Background

EFactor is no doubt the world’s number 1 community when it comes to entrepreneurs only. Before its establishment by founders Marion Freijsen, Adrie Reinders and Roeland Reinders. Marion and co-authored and published a book entitled, “The N Factor: How Networking Can Change the Dynamics of Your Business in 2007.” With it’s success, Marion, Adrie and Adrie’s son Roeland began brainstorming their next tome, “The ‘E’ Factor.”

While prepping for the book, Freijsen began building a social website allowing them to gather a bit of market research by asking entrepreneurs specific and detailed questions regarding their business. As they continued to scour the internet for the information they needed, it became clear that these entrepreneurs had no central resource to support them, especially those entrepreneurs who were new to the world of business.

One year later, the trio launched the EFactor website, an online community that sought to fill the void they discovered by providing a place that was meant to benefit entrepreneurs. Since EFactor’s inception, it has become a best place online for entrepreneurs to share their experiences and support one another in the building their businesses. Since April 2009, EFactor has experienced massive growth, and to meet the demand, built their new headquarters in San Francisco, CA to accommodate staff. By January 2011, EFactor was able to engage close to one million entrepreneurs from over185 nations around the world. Most users are based within the United States, the United Kingdom, the Netherlands, India and Germany and has attracted investors and entrepreneurs alike across 90 industries.

Why Should an Entrepreneur Join EFactor?

EFactor has proven to be a successful tool for entrepreneurs, providing unlimited opportunities for business growth. A few of the key benefits of EFactor include:

1. Access to funding opportunities: With the connections that can be made through networking on EFactor, members have access to thousands seeking investment opportunities with businesses like theirs.

2. Knowledge growth: By creating a membership with EFactor, entrepreneurs can interact with other business professionals just like themselves, who may have more insight into the industry. By building relationships on EFactor, members have a wealth of experienced advice at their fingertips.

3. Save money: EFactor has partnered with vendors nation-wide to offer their members discounts on the items they need to succeed. By signing up for the EFactor Perks card, members receive discounts on restaurants, shopping, and essential business services including health insurance.

4. Revenue and businessngeneration: By having access to hundreds of thousands of other entrepreneurs around the world, members have the change to create profitable business partnerships, or even get in connection with a potential client that is looking for just the services you offer!

Aside from these can’t miss benefits, EFactor also connects members with local, national and international seminars, conferences and networking events targeted to their specific industry. Want access to a strong 401k plan, or affordable health insurance? Upgrade to the Premium package for a minimal fee and get even steeper discounts on thousands of necessary items for businesses.

All of these services. For free! EFactor is the perfect alternative to the generic social networking sites, where you can just get lost in the crowd. Join the EFactor network today, and connect with people that are looking for YOU.