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Small Business

March 06, 2008

Brian Tracy's "How to OUTSELL your competition -- in any market!"

Outselling Your Competition + 

Bonus CDs!

An excerpt from Brian Tracy's The Art of Closing The Sale:

Click Here to Order Your Outselling Your Competition plus Bonus CDs!

Nine Objections You Must Answer:

1. Unspoken Objections

The first type of objection you will get is an unspoken objection. The customer has concerns with your offering but doesn't tell you anything. He or she nods and listens to you, but you get no feedback to tell you where you are or how you are doing.

The solution to unspoken objections is to let the prospect talk more. Ask open-ended questions, lean forward, and listen intently to the answers. The more a prospect has an opportunity to answer your questions, the more likely it is that she will tell you exactly what might be holding her back from buying.

2. Excuses, Excuses

The second form of objections is excuses. These are usually instinctive reactions to any sales approach.

"We already have all we need."

"We are really not interested at the moment."

These are just excuses. They are really not serious. The best salespeople nod, smile, agree, and then ask a question to take control of the conversation. The very best way to handle any initial sales resistance, including excuses and impulse is with these words: "That's all right.

Most people in your situation felt the same way when I first called on them. But now they have become our best customers, and they recommend us to their friends." This response immediately shifts the focus of the conversation away from your product and onto other satisfied customers. It almost invariably triggers the response you want: "Oh really, What is it, then?"

3. Malicious Objections

Then there are the malicious objections. Because you call on many different people, you will occasionally call on individuals who are unhappy or angry about their current situations. Since they cannot shout at their bosses or spouses, they take it out on the friendly salesperson.

These people tend to be negative in their demeanor and behavior. They criticize your product or compare it unfavorably to those of your competitors. They sometimes imply that you charge too much or that your product is not pf particularly good quality.

The way to deal with malicious objections is to realize that you are not the target. The person you are talking to has problems of his own that have nothing to do with you. You are just caught in the emotional crossfire between him and other factors in his life. You job, as a professional, is to remain calm, confident, positive, and polite throughout. Very often this behavior on your part will soften the negativity of the prospect and eventually encourage him to open up to you.

4. Requests for Information

The fourth most common objection is a request for information. This is the best type of objection for you to hear, because you know how to answer this as well or better than any other part of your presentation. Whenever a prospect asks for information about the results or benefits she will get from your product or service and how she can get them, you are moving into excellent field position to make a sale.

Use all your objection-handling skills. Welcome the objection. Compliment the person for asking the question. Thank her for bringing it up. And then answer it completely, ending with, "Does that answer your question?"

Click Here to Order Your Outselling Your Competition plus Bonus CDs!

5. Show- Off Objections

Another type of objection is the show-off objection. Sometimes prospects try to show you how much they already know about your product or service. They make sophisticated observations or ask you complex questions about your product, service, or industry.

When this happens, respond by taking the low road. Show how impressed you are by how much the prospect already knows. Dominate the listening and let the prospect dominate the talking. Be conciliatory and polite. Remember, when you make a prospect feel important by listening to him with rapt attention, he is much more likely to warm up to buy from you.

6. Subjective Objections

The sixth most common type of objections are subjective or personal objections. These objections are aimed at you as a person. Prospects say things such as, "You look like you are doing pretty well in this business." Ort "You seem to be making a lot of money selling this product."

Whenever a person becomes critical of you, it could be a sign that you are talking too much about yourself. The prospect is attempting to bring you down a little bit by criticizing your appearance or behavior.

When you find yourself talking too much about your company, your product or service, or your personal life, stop and ask a question. Start talking about the customer rather than yourself. Ask questions about what the customer wants and needs. Make the customer the center of attention, and the subjective objections will stop.

7. Objective Objections

You may also hear the objective or factual objection. These are directed at your product offering and the claims that you make in terms of what it will do for the customer. The prospect may say, "I don't think that it will do the job that we require." Or "It looks good, but it's not satisfactory for our needs."

If you can answer an objective objection, you can often get the sale. The very best way to do this is to provide testimonials an other proof that make it clear that your product will do what you say it will. Assure the prospect that she will get the benefits that you promise and you have just made it easier for her to buy from you.

8. General Sales Resistance

The eighth most common form of objection is what we have called general sales resistance. This always occurs at the beginning of a presentation. Until you neutralize the general sales resistance, the customer will be listening to you with a closed mind.

Lower initial sales resistance by using the approach close. Say, "Mr. Prospect, thank you very much for your time. Please relax. I'm not going to try to sell you anything today. All I want to do is ask you some questions and see if there is some way that my company can help you achieve your goals in a cost-effective way. Would that be all right?"

When the prospect relaxes and gives you permission to ask him questions, you immediately begin your preselected open-ended questions to qualify the prospect and find out what he really needs that you can provide for him.

9. Last-Ditch

The final most-common objection is called the last-ditch objection. You have make your presentation, and the prospect clearly sees how she would be better off with your product or service. She knows and understands what you are selling and how much you are asking. She is on the verge of making a buying decision, but she still hesitates.

"How do I know I'm getting my money's worth?" she might say. Or "Are you sure this is the best deal I can get?" Listen with respect; then assure the prospect that yours is an excellent product or service, at a good price, and that everyone else who is using it today is very happy with their decision.

You have then overcome the last-ditch objection.

Click Here to Order Your Outselling Your Competition plus Bonus CDs!

January 30, 2008

Small Business Marketing - How To Do It Right!

AchievementRadio.com's

Small Business Marketing - How To Do It Right!

Small Business Marketing - How To Do It Right!
By John A. Michailidis, Esq.

There are two broad categories of marketing - one appropriate to small business, and the other not so much so. Unfortunately, a large percentage of small businesses don't know the difference between the two and they waste money, and loose potential clients and customers because of it.

Two Types Of Marketing

Marketing can be separated into two broad types:

  1. Image marketing.
  2. Direct response marketing.

Image marketing is about YOU and your business. Direct response marketing is about the CUSTOMER and their concerns.

Image marketing is designed to impress the client with how great you are: how professional, fast, award winning, environmentally friendly, etc. It doesn't address the customer's needs and it is often filled with "fluff" that really doesn't have much to do with anything. You've seen the ads - beautiful sunsets, soft music, cute puppy dogs, a recital of how great the company is - what the heck that has to do with "selling widgets in Peoria" I'll never know!

The Best Marketing For Small Business

While image marketing "might" have a place if you are a major corporation with boatloads of cash to burn (I'd still argue that 'dollar for dollar' it isn't as effective as direct response) a small business typically doesn't have lots of cash to burn and must make every dollar count. Direct response marketing is designed to get potential customers to "do something specific that directly leads to a sale."

An effective direct response piece is ALL ABOUT THE CUSTOMER! The only thing relating to you and your business should be your contact information - that's it! The purpose of a direct response piece is to get the customer to TAKE ACTION NOW.

Making A Compelling Offer

The heart of an effective direct response piece is the "compelling offer" you make to your prospect. To do this well you must know your customers inside and out: their problems, their concerns, their desires, their aspirations. As one famous copywriter once said (I forget who), "Your ad copy should enter into the conversation that's already going on inside the head of your prospect."

This makes sense, because if you already know what your customers are looking for then you don't have to "convince" them to do anything. If you simply offer them what they are already looking for then you don't have to resort to fancy sales gimmicks and tricks.

By using direct response marketing to focus on your customers' needs and not your own, your marketing becomes an exercise in writing compelling offers and putting them in front of your prospects. If you know your clients well and your offers truly address their needs they will respond.

John A. Michailidis, Esq. is an attorney, real estate broker, investor, small business consultant, and author of the WealthLoop Series program, "Beginner's Guide to Personal Wealth Creation" Learn more about small business marketing and get entrepreneurial tips and ideas at http://www.WealthLoop.com

Article Source: http://EzineArticles.com/?expert=John_A._Michailidis,_Esq.
http://EzineArticles.com/?Small-Business-Marketing---How-To-Do-It-Right!&id=930077

Small Business Websites - Why A Small Business Website Does Not Produce Results

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Small Business Websites - Why A Small Business Website Does Not Produce Results

Small Business Websites - Why A Small Business Website Does Not Produce Results
By Gudmundur Sigurdarson

When a small business decides to take their business online there are usually several mistakes that they do. This is partially due to lack of experience and often lack of knowledge. There seems to be a trend that small businesses think of their website as an online business card instead of a marketing tool. That is where the majority of them go wrong. So let's take a look at some of the most common mistakes done when a small business takes their business online.

1. Order of links

So many times you visit a small business website and they proudly flag the "about us" link as their first link. This is called the pride link because they often think that telling people about the company is the most important thing. The links should be in order of importance. Not in the order of the business owners EGO! If you use a website designer and he does consult you on the order of links, chances are you should be using someone else or at least make sure you educate yourself about online marketing because your website designer sure hasn't!

2. No focus

Most small business websites lack focus. When you enter you are not sure where to go next which makes it hard for the user to understand exactly what he is supposed to do. The website should flow and the user should be able to make sense of the site within a few seconds of opening it up.

3. No sale / No lead setup

Many small businesses do not use their website to increase sales directly or capture leads. It is nothing more than an online brochure or business card. Sometimes the information is more confusing than it is helpful. If you competitors site is easier to navigate and captures either the sale or lead, you just lost a client. A small business websites needs to be even more on top of catching leads than a corporate website because every client lost counts more!

4. No analytics

Most small business websites have no clue what people do when they enter their site. No clue what users are really looking at and where they are loosing their potential sale or lead. If customers just walked in and out of their place of work eyebrows would be raised and something would be done. Shouldn't the same thought process apply to the site? You need to know what is going on with your small business website and what users are doing.

5. No marketing purpose

This is the biggest "Whammy" of them all. Small business websites tend to fail seeing the potential of using the website as a complete marketing tool. The fundamental reason to take a business online would be to do marketing. The lack of marketing vision explains the mistakes from above. If just this single piece was in place when a small business builds their website, many of the other things would be solved because they would educate themselves about what it means to have a marketing tool!

6. No results!

This is no surprise considering everything above. If there is no purpose, no focus, no vision and no marketing thought behind the site then there are probably no results from the site either. What is even worse is that most small business websites do not even measure results or understand how to measure results from their site. Once again it is a lack of understanding more than anything!

So what can a small business do when they are ready to take their business online and setup their small business website? The most important thing is to educate themselves in a few areas. The most important ones being, what you need to consider before building or having someone build your website. How to use the website as a marketing tool and it would be extremely beneficial to you if you at least had some understanding of what SEO is and how it works. What is the difference between a website designer, website developer and an online marketing company? All of them do different things and have a different understanding of how to use the internet; the question is what purpose is your website supposed to serve? For most it should be a marketing tool, because the internet is the most effective marketing tool available!

If you own, operate, manage or you are starting up a small business then we suggest that you take a look at the 10make90: Get your website up right. (Can be found on www.10thatmake90.com). It is a great resource for small businesses looking to build a website and take the step online. You can find all the basic information you need to know before taking that step and taking your business online. Make sure that you are utilizing the power of the internet fully as a small business. The rate of businesses that fail is high enough; at least make sure your business is getting all the leads and sales that it can be getting. Don't make the same mistakes that others are doing, it takes so little effort for you as a small business owner to avoid those common mistakes!

Gudmundur Sigurdarson (Gummi) is the founder of Redknight Marketing, online marketing and website design, Mindformula, life and executive coaching and 10make90, internet marketing resources. He is the former VP of DesignEuropA where he worked with several hundred businesses over the course of 6 years, helping them grow their business both on and off line. Mr. Sigurdarson created the sales manuals, sales training, franchise model and franchise training program for DesignEuropA. In addition Mr. Sigurdarson has written a number of books on personal and professional development, online marketing, website creation and business startup guides. Mr. Sigurdarson has a dedication to helping people succeed, be it in their personal or business life, he does this both as an author, corporate trainer, speaker and coach.
If you would like more information about Mr. Sigurdarson, or would like to get him as a speaker, then feel free to visit any of the websites.

Article Source: http://EzineArticles.com/?expert=Gudmundur_Sigurdarson
http://EzineArticles.com/?Small-Business-Websites---Why-A-Small-Business-Website-Does-Not-Produce-Results&id=932021

Do Not Open A Merchant Account Until You Read This!

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Do Not Open A Merchant Account Until You Read This!

Do Not Open A Merchant Account Until You Read This!
By Oliver Mupas

If you are a business owner seeking to accept credit cards as a form of payment from your clients or if you currently accept credit cards, you must read this!

Many business owners find out too late that the fees that they were presented with for their merchant account are NOT what they end up being charged. Often they do not find out until they receive their first statement! DO NOT fall into this trap.

You want to deal with a company who leads with their best foot forward the first time. When searching for a merchant account provider make sure not only are they disclosing their best deal, but they are indeed disclosing the material facts!! Every company will "guarantee" to beat their competitor's rates, but why haggle when you should be given the best offer up front?

When you shop for your merchant account, see what information they give you without you having to ask about something. Typically all you will be quoted is a rate, transaction fee and monthly fee. What about the other fees? At that point, you should feel betrayed, as they did not keep your best interest at heart.

DO NOT sign up with another company if they do not disclose the fees below! You will be surprised how many DO NOT disclose these fees up front and how much they charge without you asking.

Make sure you find out the following fees:

Application/Set Up Fees
Qualified Rate
Mid Qualified Rate
Non Qualified Rate
Transaction Fee
Batch Header
Monthly Minimum
AVS
Interchange Pass Through Credit/Debit
WATS/Auth Fee
Annual Fee
Monthly Basic Service/Statement Fee
Contract Term

If someone tries to set up your account without mentioning these fees, check your paperwork or statement closely, you'll be surprised how much you weren't told!

Oliver Mupas
United Bank Card
http://www.ipsinc.ws

Article Source: http://EzineArticles.com/?expert=Oliver_Mupas
http://EzineArticles.com/?Do-Not-Open-A-Merchant-Account-Until-You-Read-This!&id=929771

One Business Card or Two? 5 Ways to Double Your Chances for Success

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One Business Card or Two? 5 Ways to Double Your Chances for Success

One Business Card or Two? 5 Ways to Double Your Chances for Success
By Lynda Goldman

Most people hand out one business card at a time. How often have you handed out two, or received two or more? Here are some ideas to make the most of each business card exchange.

1. Use your customers to help you build your business. When someone asks for your card, think about whether it would be a wise move to offer more than one. It depends on how much rapport you have established. If you feel comfortable, ask them if they know of anyone else who could use what you sell.

2. Don't give out more than two. If you give out a pile of cards, it diminishes the value of your cards, and this reflects on the value of your service. Don't hand them out by the pound. Keep the perceived value by handing them out carefully. If someone gives you a card back, you've probably given out too many.

3. Ask for an extra card. When someone gives you a card, ask for an extra one to give a friend or business associate. They might get the hint, and ask for an extra card of yours as well. If they don't, the person who gives you a card will still appreciate your courteous gesture, and it will go a long way towards establishing rapport and good will.

4. Be specific. Even more powerful is to mention a specific person who might be interested in their product or service. Search your brain for a moment, and think of someone you could refer them to. Remember that what goes around comes around, and you're more likely to get clients when you help other people get what they want.

5. Tell them why you want it. Don't make it up. Be sincere in trying to help them. You'll be imprinted in their mind as someone who has their best interests at heart.

Make it easy for people to tell friends and colleagues about your services by exchanging two cards. But don't make them look cheap by giving them out by the dozen. Be sure to keep the value of your business cards intact.

You are invited to use these tips to increase your sales using your business cards.

You're also invited to receive a free report: "Breakthrough Communication Skills" packed with powerful tips for business success, at http://www.ImpressforSuccess.com when you join my Communication Capsules newsletter.

Would you like to attract new customers and increase sales? Click here for simple How-to Guides that give you immediate results. http://www.goldmansmythe.com/howto.html

From Lynda Goldman, business communications consultant and author of 30 books, including How to Make a Million Dollar First Impression.

Article Source: http://EzineArticles.com/?expert=Lynda_Goldman
http://EzineArticles.com/?One-Business-Card-or-Two?-5-Ways-to-Double-Your-Chances-for-Success&id=932246

Small Business Marketing Tips - Selecting the Right Marketing Tactics

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Small Business Marketing Tips - Selecting the Right Marketing Tactics

Small Business Marketing Tips - Selecting the Right Marketing Tactics
By Susan Oakes

There are so many marketing tactics for your small business to choose from it can be a little daunting to know which ones will produce the best results. The good news is that there are ways to make the selection easier so that you can maximise every dollar of your marketing budget no matter how small it is.

Marketing tactics are the combination of marketing tools, activities and business decisions needed to support your marketing strategies and achieve your marketing objectives. If conducted successfully, your marketing tactics will enable your small business to retain, expand on and attract your most profitable customers, whilst continually supporting key areas of your business and overall financial goals.

The first thing you need to consider is what is the most important area for your business to focus on. Is it attracting more customers, retaining your customers, expanding your business with your existing customers or a combination?

Tactics for Retaining Your Most Profitable Customers
Any big business will tell you that retaining your customers is more cost-effective than trying to attract new ones. It is therefore essential to know who your most profitable customers are, how you can keep them loyal and most importantly how you can protect them from your competitors' activity. Marketing tactics aimed at retaining your most profitable customers most often will add value to their purchase during and after the sale. Examples include:

  • Premium offers which include your brand or business logo such as caps, t-shirts, coffee cups etc. These offers act as a reminder and can be used to say thank you for supporting your small business
  • Web newsletters that include feedback, case studies and important information which is relevant and of interest to your customers
  • A customer service program which exceeds the needs of your existing customers and which can used to encourage your customers to be less sensitive to price discounting from your competitors
  • Loyalty schemes are a simple way to retain your customers and have been implemented by many different types of small business such as coffee shops

Tactics to Expand Your Business with Your Existing Customers
The key here is to implement marketing tactics that will encourage your customers to purchase more of your products or services (up sell) or to purchase additional products and services in your range (cross sell). Examples include:

  • Multiple purchase discounts i.e. your customers receive a discount if they purchase a certain quantity of your product or service. Just remember to make sure you determine the additional volume you will need to generate to make up the loss in revenue from the price discount
  • Sampling is a good way for your existing customers to try other products and services in your range and they can always be promoted with your existing products or services
  • Public relations and email marketing via the web is a cost effective way of introducing new additions to your range of products and services

Tactics to Attract New Customers
Once you have identified your most profitable customer and your key point of difference the key is to ensure you attract customers who have the same or similar characteristics and encourage them to purchase. Often it is a matter of them trialling your product or service which helps to minimize the initial purchase risk. Examples include:

  • Cash backs are when customers send in proof of purchase after they have bought your product or service
  • Joint promotions with partner products or services allows you to gain awareness and trial of your product or service with another business's customers who have a similar profile to your ideal customer
  • Trial offers allows potential customers to learn more about your product or service for a limited time. Car manufacturers and software companies often conduct this type of marketing tactic

Although there always seems to be new marketing tactics for your business to implement, by deciding what your focus is going to be with customers makes the selection process simpler and assists you in implementing tactics that will produce the most cost effective results.

© Marketing for Business Success Pty Ltd 2008

Susan Oakes and and her business partner Bronwen Ryan are experienced marketers who developed and now sell M4B Marketing Software which enables small businesses to review, develop, implement and track their marketing plans and projects. Visit http://www.m4b.com.au and view the demo.

Article Source: http://EzineArticles.com/?expert=Susan_Oakes
http://EzineArticles.com/?Small-Business-Marketing-Tips---Selecting-the-Right-Marketing-Tactics&id=930255

Business Partnership Failure, Why a Partnership Contract is Necessary in Small Business Relationship

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Business Partnership Failure, Why a Partnership Contract is Necessary in Small Business Relationship

Business Partnership Failure, Why a Partnership Contract is Necessary in Small Business Relationship
By Nicole Wipp

When entering into a business partnership, breakdown of relationships often leads to partnership failure. For that reason, a written partnership contract is a necessary device for both short and long term business success...but one that many small business owners fail to use.

Recently, I questioned several small business owners that were involved in failed partnership arrangements. There were seven main reasons they cited for the collapse of their own business enterprises, with the lack of a written contract as the primary reason:

1. No written partnership contract

2. Lack of a proper business plan

3. Unequal partnership arrangements

4. Failure to act as a partnership

5. Unwillingness and/or inability to agree on key issues

6. Disagreements over the partnership arrangements, and

7. Loss of trust

In almost all circumstances, a properly written partnership contract would have either prevented the problem altogether, prevented the problem from becoming as big as it did, or possibly, even would have made the people involved re-think whether that partnership was right for them.

Here's some comments from the stories I received:

-Our partnership failed primarily because we never did have an agreement or any written procedures.

- The thing that caused our partnership to fail was the business itself was failing due to loss of inventory from customers stealing stuff...to not being organized enough with the paper work about what was left at certain businesses.

- My partner has been "running the show" since day 1. It definitely has not been an equal partnership and I am done being her "employee".

-... we operated very much like four different businesses, because each partner ran his or her clients their own way.

- I realized then that when it comes to monetary matters, it is not good to trust somebody very much, even a family member.

- In the future I would be sure to put a partners name on everything and write an agreement, even if it's a friend.

- ...since they're just family members, I did not mind having a written contract with them, but a year after; I encountered problems which end up closing the business. The usual conflicts were about schedules, who will work with what issues, debts and even ideals' conflicts. The conflicts on ideals primarily led the business conclusion...

As you can see from these comments, a partnership contract is necessary first step in preventing the breakdown of a business partnership...and your business. Don't make the mistake of not having one!

Nicole Wipp is a small business consultant, entrepreneur and Michigan attorney. One particular area of interest is small business and ways to earn extra income. Nicole regularly speaks to business and entrepreneur groups, and has a website dedicated to those that want to start a small business, get an income generating website and/or increase the bottom line. Reach Nicole directly through her sites, http://www.WippLaw.com and http://www.Multiple-Income-Streams.com

Article Source: http://EzineArticles.com/?expert=Nicole_Wipp
http://EzineArticles.com/?Business-Partnership-Failure,-Why-a-Partnership-Contract-is-Necessary-in-Small-Business-Relationship&id=930560

Marketing For Small Business - Who Are Your Most Valuable Customers?

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Marketing For Small Business - Who Are Your Most Valuable Customers?

Marketing For Small Business - Who Are Your Most Valuable Customers?
By Susan Oakes

It is a well known fact that it is essential for you to have an understanding of the value of different customers or customer groups contribute to your small business. If your small business can determine who your most valuable customers are, your sales and small business marketing strategies and tactics can then be used more effectively to attract and retain these key customers more profitably.

The 8 key characteristics to look at when analysing your customers are:

Average Transaction Value
This is the average value of transactions over a year. You first need to work out the average for your business eg. on average your customers may spend $100 per transaction. Then you look at each key customer and see if they are spending more or less than $100 per transaction with your business. Overall your objective should be to increase your total average transaction value each year.

Discounts
Look at how often you need to discount your product or service price with your customers to attain a sale. Ideally you should not need to discount to gain sales from your key customers as this affects the profitability of your small business.

Service Costs
This relates to the service costs involved in gaining a sale or after a sale to ensure customer satisfaction. Ideally you would want minimal service costs for your small business whilst still maintaining a high level of customer satisfaction.

Debtors
This relates to how reliable your customers are with regard to their payments eg. do they pay on time? This is important as it affects your cashflow and also ties up money that you could be reinvesting in marketing your small business.

Increased Business
Look at whether your customers are increasing their business with you each year, such as buying additional products or increasing the frequency of their purchases of your products or services.

Strategic Value
This relates to how important this customer or customer group is to the future of your small business eg. do they provide a number of referrals, but maybe not spend a lot of money with you? Are they opinion leaders in your market which can be very important.

Gross Margin
This relates to the sales price of your product or service less the costs involved in producing the product or service for the customer. For example, if you provide a service but it takes you twice as long to provide the service for a particular customer then this customer will be of lessor value to your business.

Loyalty
How loyal is the customer or customer group to your business? Look at how long they have been a customer and also would it be easy for them to switch to a competitor.

By identifying your most valuable customers you can put in place a marketing plan to retain your most valuable customers and keep them loyal, attract customers who have the same or similar characteristics to your most valuable customers and identify which customer characteristics need to be increased to make your business more profitable and successful.

© Marketing for Business Success Pty Ltd 2008

Susan Oakes and and her business partner Bronwen Ryan are experienced marketers who developed and now sell M4B Marketing Software which enables small businesses to review, develop, implement and track their marketing plans and projects. Visit http://www.m4b.com.au and view the demo.

Article Source: http://EzineArticles.com/?expert=Susan_Oakes
http://EzineArticles.com/?Marketing-For-Small-Business---Who-Are-Your-Most-Valuable-Customers?&id=930222

Small Business IRS Tax Debt - Is Being Your Own Boss A Dream Or A Nightmare

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Small Business IRS Tax Debt - Is Being Your Own Boss A Dream Or A Nightmare

Small Business IRS Tax Debt - Is Being Your Own Boss A Dream Or A Nightmare
By Richard Close

Fragile, handle with care...Owning your own business, being your own boss; for many of you this is the American Dream. But that dream can turn into a nightmare because the IRS takes a special interest in small business owners. Why? Your business is an easy mark for an IRS-hitman.

Why you? There are plenty of reasons we can come after a business, but the most common reason is because you did not file your quarterly 941 payroll tax forms. On your employee's paycheck, all that money that gets taken out for taxes...as the employer you owe the IRS that money. And you better pay it on time, every three months, or else!

Too often a small business owner will take that tax withholding money that should go to the IRS and use it towards the business, especially if their finances aren't too good. Many business owners promise they'll make it up next quarter; but the next quarter comes around, business still isn't good...you see where I'm going with this.

It's time to pay the piper. As soon as you miss that first quarterly payment interest and penalties begin accruing immediately. Even if you manage to pay back the money on the next quarter, you still have the interest and non-filing penalties to pay too.

Believe me it adds up quick too. When I was an IRS-hitman we would be at your door within a year ready to start seizing first equipment for your business then furniture. And if you still owed, we shut you down and took the proceeds from the sale of all your stuff. If that still didn't cover the debt we would start seizing your personal accounts and property.

Stay in Compliance! When you're a new business it is really tempting to use the payroll tax withholdings to make improvements to your business rather than have to borrow more money from a bank or creditor. But you're gambling with Uncle Sam's money. Even if it might make your business suffer or even cause you to lose your business it's a lot better to have something like that happen and not have an IRS debt on top of it.

Now you have the smoking gun...Use it!

I'm Richard Close and I was a "Hit-Man" for the IRS. I took out anyone who owed the IRS money as my father had before me. Now I help thousands of Americans beat Uncle Sam and save thousands of dollars. Tax problems? Contact me and get free tips and techniques to deal with wage and bank seizures and slash tax debt: email me at IRS-Hitman@taxdefensenetwork.com or call 1-888-248-9058. Visit me http://irs-hitman.blogspot.com or http://www.taxdefensenetwork.com

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All You Need is an Idea

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All You Need is an Idea

All You Need is an Idea
By Eric Gard

You need an idea, it doesn't necessarily need to be a new idea. Often time people think you need a new idea, some great silver bullet that no one has discovered yet. Though great ideas can spur a great business, its not a requirement. Sometimes just taking a simple idea and performing your competition can be the key to success.

For example I know of a certain landscaping business that is cheap, fast, and generally does a good job at keeping my plants alive. When I hired them they came once a week with a crew and mowed my grass, cut the shrubs, maintained my sprinkler system, and pick up the garbage in the yard. They did great for the first few weeks, then I started noticing little annoyances, then things started getting missed. So I put in a call to ask them to take care of the problems that I was having. The man on the phone assured me the problem would be taken care of, it never happened. They did not meet my expectations and so I started to ask around for a better landscaping business. I was referred to a new business that cost a little more, however I felt it would be worth it to have my yard looking nice. The second business continued to do an excellent job and they received multiple referrals from me.

Running a successful business is about outperforming your competition, it doesn't matter what field you are in. Getting jobs is only part of the deal, performing your best every time is the key to beating your competition. It will get you referrals, it will get you respect, and it will insure you stay in business.

There are several things you need to consider when deciding what business to get into. A lot of it should depend on your personal strengths. What are you good at? If you're not sure what your good at then think about what do you enjoy doing? It will be much easier to get ahead of the competition in any field when you enjoy what you're doing. You will have a much steeper learning curve and you will do a much better job at performing the service than your competition if you're enjoying it.

Find a business you can enjoy doing and get started, then keep ahead of the competition by staying up to date on the happenings in your industry.

If you plan on going into an internet based business here is a website I visit often.

Learn how to build a successful online business - www.ditchtheladder.com

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