Starting Your Business - Advice and Guidance


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Franchise Reviews: Taking a Look at Computer Troubleshooters
By
Michael Petriello
Eight of ten U.S. households
own a personal computer and nearly every small business has at least one to run
their operation. Will they turn to service providers like Computer
Troubleshooters to hunt out and remove viruses, replace dead hard drives or
remedy the blue screen of death? This franchise review of Computer
Troubleshooters takes a look at this business opportunity and the overall health
of the on-site computer repair market to reveal key facts and trends anyone
seriously considering entering this industry must know.
With over 6 million personal
computers in the U.S., there would appear to be a huge market for fixes, repairs
and upgrades. Most businesses and many households rely on their computers every
day to pay bills, do homework, surf the internet and engage in social
networking. It's easy to anticipate a high demand for these professional
services and unlimited growth potential as more devices are purchased and
installed every day. Check out these important facts and trends before making a
final decision to become a computer repair business operator.
Low Price/Almost Free
Competition. Starting at around $99.00 for an initial on-site visit, franchised
computer repair services compete with many small, independent technicians that
have much lower overhead expenses which allow them to charge significantly lower
prices. Another serious competitor is the vast number of computer hobbyists --
sister, son-in-law, neighbor, guy from work, etc. -- who are happy to try their
hand at fixing the problem for free as a favor.
On-Line Competition.
Professionally staffed help desks equipped with technology to remotely perform
many of the same diagnostic and repairs services as an on-site technician are
grabbing market share. Eliminating all of the costs and challenges associated
with dispatching technicians out to customer locations, this option works well
for many small businesses requiring 24/7 managed services.
Evolving Technology. A
combination of low cost replacement options and migration away from traditional
desktop systems will put a ceiling on the market opportunity. Consumers can buy
a new, near state-or-the-art system capable of supporting advanced operating
systems and applications for nearly the price of a modest repair bill. Laptops,
notepads, Ipads and smartphones offer little opportunity for the component
replacements and virus detection/removal services which typically represent a
significant revenue stream for the on-site service technician.
That still leaves a great
deal of money on the table for quality, computer repair franchise businesses
such a Computer Troubleshooters. With over 450 franchises in 25 countries,
Computer Troubleshooters is doing something right. Relatively modest franchise
startup costs ($28,000 - $82,000), franchisee-friendly flat rated monthly
royalty fee and access to training and marketing programs are all included.
Owning and operating a
franchise business is one way to be your own boss. Be a smart business person
and consider a wide range of opportunities before you sign that franchise
agreement and commit your life savings. Follow me now to
http://www.decidefranchise.com and let me share with you my strategy and
proven plan to make money and be your own boss.
About the Author:
Michael Petriello teaches,
mentors and coaches aspiring online marketers and business owners to build
profitable online businesses. To see his formula on how to achieve success
online and get free training sessions go to
http://www.decidefranchise.com.
Article Source:
EzineArticles.com
<TOP>
How to Start a Computer Repair Business: Making
the Most of Craigslist
By
Bob Keppel
When you are starting up a
new computer repair business, you need to make the most of the broad reach and
absolutely free cost of Online advertising. Not long in the past, brand new
companies would have to promote in papers, in phone books, and even on the radio
and TV to find new customers, but there are so many Online users now that you
can bypass these expensive advertising outlets and go straight to online
promotion. Remember, as opposed to so many other smaller companies, 100% of your
prospects are on the internet. Before the rise of Web advertising, it was
certainly necessary to spend money on print advertising and marketing in papers
and phone books. However Internet use has become so widespread that many new
companies find they can secure a lot of new business without having to invest a
dollar. Also take into account that your customers--computer owners--own their
computers for the purpose of surfing around the web. So for your needs,
marketing online is a targeted and effective way of marketing.
Your first move is to
advertise on Craigslist. Craigslist is without a doubt the dominating force
within classifieds advertising and has essentially supplanted your local
newspaper's community advertising section. The truly amazing benefit of
marketing on Craigslist is that it receives massive numbers of searches. Yet,
you are not on your own. Lots of other computer repair businesses can be found
there. A lot of small computer repair companies promote on Craigslist every day,
and it can be a challenge to 1st be discovered and 2nd be contacted. Getting
discovered is a matter of composing an add with as many search words as
possible. Have a look at the numerous ads on Craigslist. Figure out what the
most popular words and phrases are. Be certain to list these all in your
advertisement. Make sure that your headlines are attractive and attract
attention. When an individual performs a search, he doesn't always click on the
first thing in the search results. Rather, he clicks on the advertisement with
the most attractive headline. What is most effective is including mentions of
special offers, discount coupons, or expiring offers. The prudent use of capital
characters and symbols can draw attention too.
After you have earned your
searcher's click, employ a specific plan to gain their email or phone call. A
lot of PC repair techs neglect to publish particular reasons why they're worth a
phone call. They only list their services and prices. Putting up your photo,
it's been found, can more than double the response you get for your ad. Remember
that your customers are choosing a stranger they are going to bring into their
home. A photograph helps to build trust in your services. A biography of
yourself is extremely important. List any jobs, qualifications, and particular
specialties. Finally, a unique offer for a discount is very persuasive. The
discount should have an expiration date. You can also incorporate a free service
such as a registry cleanup for all new customers. Creating urgency in your ad
greatly improves its effectiveness. Never believe that Craigslist is a price
battle. This simply isn't true. Customer do not instantly trust the companies
with the cheapest rates because they make assumptions about their service
quality being weak. In fact, the organization with the most trustworthy
presentation wins the most calls, email, and ultimately, profitable business on
Craigslist.
To summarize, I offer you
one last helpful tip. For those who have a website (all significant computer
repair companies have a website), be certain to include a link to your website
inside each Craigslist ad. The hyperlink has to be clickable. Search engines
crawl the list to identify the popularity of your web site. These links offer
you a stronger position on the search engines as well as producing plenty of
traffic from the Craigslist ads themselves.
Bob Keppel is the creator of
mypcrepairbiz.com, a complete startup guide on how to
start a computer repair
business. It includes a pre-made website, Craigslist ad, and step by step
instructions on how to launch your business with maximum online exposure.
Article Source:
EzineArticles.com
<TOP>
By:
Kaye Z. Marks
Sometimes what creates a
long lasting impression in any customer’s mind is not just the product being
sold. Watch any commercial, any ad campaign, and a noticeable trend can be seen:
they are flashy, funny, eye catching, memorable, and rarely for just the product
or service. Making a customer remember you can be one of the most important
details with any business, even more so for a fledgling company just getting
onto its feet.
Advertising and marketing are simply a must if you want anyone to realize you
are there, but what kind of advertising is just as important. Simply showing
people your products isn’t always going to make them remember you. People want
to feel safe with a company if they’re going to do business with them.
For a young business, flyers, brochures, or catalogs are going to be the chief
source of advertisement, which is where the idea of showmanship can really
generate enthusiasm. Never underestimate the impact something as simple as color
printing can have on a person.
If you are going to hand them a flyer, you are handing them an introduction into
your business, and in the case of a small business, you are handing them an
invitation to get to know who you are. Establishing that element of trust will
keep customers coming back for years and generate the kind of customer base
needed to survive.
It does not take much to add that much needed flair of personality to your
advertisements. A simple splash of the right colors can give a person a good
feel for not only who you are but the kind of business you run. Taking the time
to design and add unique colors to a beautiful catalogue shows people the amount
of passion a new business owner has. You want them to remember it as more than
just another advertisement, something a black and white print out will certainly
ensure. A vibrant color scheme can catch the eye and the mind and remain with a
person for weeks to come.
People are surrounded by advertisements in every area of their life. They see
company after company attempting to pull them in, and this is the competition
you will be dealing with. The toughest challenge for the new business owner is
standing out among the competition in order to form that bond and begin your
base of loyal customers. There is no reason not to add the last touch of color
printing in order to make people happy to give you their undivided attention,
and that will put you one step closer to making your first sales.
About
the Author:
Kaye Z.
Marks is an avid writer and follower of developments in
commercial color printing industry and how these improvements can benefit
small to medium-scale business.
Article Source:
ArticlesBase.com
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5 Things Every Startup Business Owner Must Know
By
Karlene Sinclair-Robinson
Listed below are 5 things
start-up companies need to be aware of when seeking alternative financing:
1.
Business Foundation
As a new business owner, did
you make the decision to operate as a Sole Proprietor, or did you choose to
incorporate your entity? If you did incorporate, great! More financial
opportunities are available to you. As an incorporated entity, financial
institutions and alternative funding sources are more apted to possibly
providing financial assistance. As a LLC, INC, LP, CORP, and so on, you show the
funder that you understand the full ramifications of being an incorporated
entity as oppose to being a Sole Proprietorship. As a Sole Proprietor, you are a
greater risk to an alternative funding source.
Depending on your business
module, this will help to identify whether you are a fit or not for these
funders. Presently, there are fewer alternative funders financing Sole
Proprietors each day, due to the high risk factors of tax evasion, fraudulent
transactions, and so on. Not to say that Sole Proprietors cannot get this type
of financing, it just means that there is a limit to the number of funding
sources available to assist you in your time of need.
2.
Locating Alternative Financing
Start-up business owners
most times know only their banks as their primary source to get a loan or line
of credit. Their alternative source(s) most times tend to be family or friends.
Who knows, this could be something that can make or break a family or friendship
when hard times hit a start-up company. Who do you turn to when you have run out
of options? Alternative funding sources are available throughout the United
States, and all have their own specialized area of expertise. There are funding
sources for almost all areas of business, and as alternative financial experts,
they make the deals happen.
They have the knowledge and
the money to help take your business to the next level. How do you find them,
you might ask? Ask questions within your business community, banking sector, and
so on. You can also seek out financial consultants but better yet, the kind of
cash flow consultant who have direct access to these types of funding sources
who can put you with the right source from the get go. Understanding how your
business operates, where you are presently, who your clients are, what your
plans are, and so on, makes it easier to determine how a cash flow consultant
will be able to assist you.
3.
Understanding how Alternative Financing can help your business
Yes! It is great to know
where to find the money to help your business but do you really understand how
it can help you? Did you know that if you opted for an alternative financing
option, it could possibly have saved your start-up entity from being a part of
that 80% who go out of business within the first (1st) year? Did you know that
understanding alternative financing could mean the difference between being able
to bid on a contract and possibly winning it? Did you know that understanding
these options could mean the difference between keeping and losing your
employees (a business most-valuable asset)? Did you know that utilizing these
options could help to make you a more bankable entity in the eyes of the banks
within a short period of time?
Understanding what this can
do for your business is a must. Develop a plan of action as to what type of
financial services you might need, when you might need it and learn all you can
about those solutions. If you are in the real estate, construction, medical,
transportation, security and so on, learn what the funding sources are looking
for in a company like yours, in order for them to be able to better help you.
4. Risk
Assessment from a Funder's Perspective
Assessing risk from a
funder's perspective is simple. If the funder lends you money (say Hard Money),
advance you funds in the form of Factoring, Purchase Order financing and others,
who stands to loose the most? The funders, of course, but remember they know how
to analyze their risk level, and so they will not go into a zone that is 100%
risk to them. Someone has to be responsibly for the payment of that debt,
however it is structured.
Since more cases of fraud
are occurring daily, funding sources are also getting more sophisticated in
being able to determine if a prospect is legit or not. Going back to (1)
Business Structure, funders will look at your structure and the type of business
you are involved in to determine if you are at a higher risk level than others.
On the other hand, if you are seeking 100% financing in the commercial arena,
you are barking up the wrong tree. Most commercial funders will not do 100%
financing. It is just not happening especially now, whether on a small or large
scale. Depending on the funder, and how your business/project is laid out, you
might just get what you are asking for, if you know what you are doing!
5.
Decision Making
This is the single most
important element to actually obtaining financing. After learning all you can
about a particular alternative financial product, you have to weigh the pros and
cons of how it will affect your business.
Questions to ask yourself:
what will this do for my business in the next few months, years? How will this
help? What other alternatives do I have? What are the requirements? Will they be
as stringent as the banks? What do I have to do to get started? How will I be
treated and what does the process entails? How long will it take to get the
funding? What will it cost? Do I get to talk with the funding source directly?
And so on....
After figuring out what your
business actually needs, you then need to make a decision. This decision will
help shape your business one way or the other. Take a sheet of paper, divide it
into two columns. On one side, list five (5) positive things that come to mind
in seeking funding, then do the same on the other side, but this time list the
five (5) negative things instead. Then measure for yourself what both columns
bring to the table. Does column one (1) outweigh column two (2) or not? This
will help you figure out what you need to do. A word of caution though, business
owners who procrastinate in making a decision about the usage of alternative
financing, result in unfavorable situations for themselves, and sometimes are
not able to obtain funding due to mitigating factors beyond a funders'
capabilities.
It is my hope that as a new
business owner, you will make informed decisions to enhance the building and
sustainability of your business.
About the Author:
Karlene Sinclair-Robinson,
dubbed The Queen of Business Financing is the author of The Small Business
Owner's Guide to Alternative Funding: What The Small Business Owner MUST Know To
Get Through These Financial Times.
She is a seasoned
entrepreneur, alternative financing expert, business consultant, and speaker
based in Northern Virginia. With access to capital, Karlene focuses on
alternative financing options for small to mid-size businesses that have been
denied the opportunity to access capital through traditional institutions. She
assists business owners and real estate investors nationwide access a variety of
financial options, even those with less than stellar credit. She also provide
coaching services to those startups and small business owners who are in need of
the support to get them to the next level.
She decided to write this
book based on the issues she came across when dealing with individual clients
and witnessing their inability to access capital through traditional sources
while being unaware of alternative options.
The book will assist
start-ups and small business owners learn more about how to access alternative
financing options and much more to help them grow their business. It is her
belief that an educated entrepreneur makes better decisions to move their
business forward.
Article Source:
EzineArticles.com
<TOP>
Things To Think About Before Starting A Small
Business
By
Sean Sweeney
Just the other day, a good
friend of mine announced that he was going to start his own small business. He
has some amazing ideas, had been talking about it for years and was finally
taking the plunge out on his own. I would like to think that my endless
pestering had something to do with it but he simply needed to feel that it was
the right time for him. That's really the key, jumping in when it's right for
you. My good friend took years to learn, educate and prepare himself for this
step and I'm sure it will pay off in the end. As far as I'm concerned, there is
nothing more exciting or fulfilling than starting your own small business. If
you have been pondering the decision yourself and have decided to do so; then
give yourself a big pat on the shoulder on my behalf – you are in for one wild
ride!
Just in case you are sitting
on the fence, there are lots of things one should learn and consider before
starting a small business. Just the decision to start one in itself is a huge
step as you are likely leaving security behind. Consider as well, that even
though the business may be small, it still requires good leadership, decision
making, the willingness to take risks, a competitive spirit, an optimistic
attitude and much more to survive. Small business management can be a huge
undertaking. Consider the depth of courses offered privately and through today's
business schools. Those courses are offered for a reason so ensure you are
prepared. An escrow of capital to support you through your startup is not a bad
idea either. Maybe I'm getting a little ahead of myself here. Perhaps the best
place to start is by defining what a small business is. I'm not talking about
small business as defined in the dictionary, more so what it is in basic terms.
That's a good place to start.
So, what is a small
business? The proper definition can vary between different countries, range of
services and the industry that the business is operating in. However, the name
really says it all. A small business is a small company with few employees;
usually between 1 and 50. Its services are usually limited to a particular
geographic location (pending it's not an online business) and their volume of
sales is typically low. The capital required to start a small business is also
relatively small. It can be sole proprietorship, partnership or incorporation.
For the remainder of this article let's focus on this. In the case of
partnership and incorporation, the profits and losses are shared equally between
the partners and shareholders unless otherwise stated in the partnership or
shareholder agreement. A partner can be active or silent. An active partner is
one that takes part in the day to day operations of the business while a silent
partner simply invests capital and contributes very little towards the business
activities. They both expect to make money with their involvement.
Before you decide on
partnering with anyone with your small business, make sure that you completely
outline and understand all the financial and legal responsibilities you both
will have. Always make sure that any other expectation each partner has are
identified, discussed, agreed upon and committed to paper for signing. As well,
and I know people don't like to think this way, but you need consider the
process of how the partnership will be dissolved should it not work out for
whatever reason. This is very important as I have seen many great small
businesses destroyed due to a negative partnership.
You need to keep in mind
that everybody is different; can have different perspectives or expectations.
The only way to ensure that everyone is on the same page is to put some time
into discussing it before going forward. A little bit of time properly
structuring your partnership and small business before you get too far into
things can save you a tremendous amount of pain and time should things not go
completely as planned.
About
the Author:
Sean Sweeney
is known to be a chronic entrepreneur, small business junkie, opinionated
writer, marketing enthusiast and social media addict. He provides business
consulting, technology integration and development services aimed at identifying
and achieving strategic advantage in modern business.
Article Source:
Articlesbase.com
<TOP>
How to Start a Computer
Business
By
Jennifer Moss
Google, Face book, Twitter,
yahoo, Bing, You Tube, Yellow pages...These are some of the topics that interest
everyone today because computers are part of life and they are here to stay. To
start a computer repair business would therefore be a great idea because you can
be assured of demand for repairs. To start a computer business and to get
customers, you need tips and guidelines on how to make your business meet the
demands of today’s market. This also applies to those who want to start a
computer repairs service online.
You can start a computer
repair business easily from home. For starters, you need to do basic planning,
business registration under a proper name and buying equipments and tools.
Company logos and vision are also crucial to act as a driving force to draw
people to your service. Maps of your business location and contacts are crucial
to guide people on where and how to find your service. You then need to get your
computer registered under computer repairs directories for easy search by
customers.
To start a computer repair
service you need to be well versed with the problems encountered in computer
troubleshooting. These are common problems encountered daily in the use of
computers. To understand them you need to upgrade your knowledge of basic
computer trouble shooting problems. For a wider scope of these computer
troubleshooting issues, you can get e books, online information or blogs and
videos on these problems for simple detailed step by step explanations on each
problem and how to solve them. This will enable you to start a computer repair
service with confidence and ease. For instance, you can take note of the most
common problems that customers complain about then find creative ways to tackle
them in a unique and exemplary way from other companies.
Most importantly, to start a
computer repair business, you need good marketing strategies to survive the
competition. Online marketing is one great strategy that you need for success in
how to start a computer repair business. You can find customers by making proper
capturing blog posts and adverts that will bring you more customers. Maximum use
of social media like Twitter and Face book will add up to your marketing
strategies. This will keep you in touch with your customers for better
improvement of your services.
Once customers start coming
for your services, money will begin flowing and you will need a way to get
payments whether via credit cash or cash. Giving discounts is a good motivation
for your customers to keep coming for your computer repair services. Having the
right prices will require that you compare price listings of others repair
services and find the best prices for your customers. Getting the right credit
information will help you obtain capital for expanding your computer repairs
business and you can use online information to get such funds.
A computer repairs business
is a wise investment that you will have no regrets to have. Technology is
expanding and computer repairs are bound to bring you money than you can
envision.
About the Author:
For more details please
visit our site to start a
computer repair business or
start a computer repair
service.
Article Source:
ArticleRich.com
<TOP>
Launching a computer repair service: ways to use
Craigslist to secure your initial clients
By:
Mark Clang
When you're starting up a
new computer repair business, you must make the most of the broad reach and free
cost of online advertising. It was not long ago that new computer repair
companies had to invest 100s or 1000's of dollars in print marketing, but the
Internet now offers more qualified clients than print advertising and the best
outlets are cost-free. As a pc repair business, each and every one of your
prospects is online, so you are advertising with complete precision. Prior to
the rise of Internet advertising, it was certainly necessary to spend money on
print advertising and marketing in papers and phone books. But Internet use has
become so widespread that many new companies find they can secure a lot of new
business without needing to spend a dollar. Also take into account that your
customers--computer owners--own their computers for the purpose of surfing
around the web. Therefore for your needs, marketing on the web is a targeted and
effective means of marketing.
Craigslist should be your first advertising outlet. Craigslist dominates
classifieds advertising in North America. Newspaper classifieds are very small
or completely eliminated now because of Craigslist. Customers greatly prefer to
search listings on their pcs than read through newspapers. It's faster and
delivers more details about the things and services they're looking for.
However, the popularity of Craigslist is also its most significant shortcoming
because competition is very tough there. You will have to advertise among other
pc repair services that offer lower prices. If you have a good strategy,
however, you can field lots of lucrative calls and emails. First, it's very
crucial that you include as many frequent search phrases as possible in your
advertisement. Look at your competitor’s advertisements. Record twenty most
frequent key phrases you find. Be certain to include these in your ad. It's also
critical that you write a headline, which creates maximum clicks. The top item
in the search results is not always the thing that gets the most clicks.
Mentioning special discounts and expiring offers produces incentives for
searchers to click on your advertisement and find out more about your offer.
Also, capital letters, exclamation points, and different characters such as
arrows and stars help to distinguish your ad.
After you have earned your searcher's click, have a distinct plan to earn their
email or phone call. Lots of pc repair technicians fail to publish specific
reasons why they are worth a call. Many of them simply list their prices and
services and nothing else. Posting your photo, it has been found, can more than
double the reaction you get for your ad. Remember, customers are allowing you in
their home. A photo helps to build trust in your services. A biography of you is
very important. List any jobs, qualifications, and particular specialties.
Lastly, a special offer for a discount is quite persuasive. The discount should
have an expiration date. You can also incorporate a no cost service like a
registry cleanup for all first time customers. Producing urgency in your ad
greatly improves its effectiveness. The greatest myth about Craigslist
advertising is that the companies with the least expensive service get the
majority of the work. This simply isn't true. Customer doesn’t instantly trust
the companies with the cheapest rates because they make presumptions about their
service quality being weak. In fact, the company with the most trustworthy
presentation wins the most phone calls, email, and ultimately, profitable
business on Craigslist.
One last piece of advice. For those who have a website--and you simply must use
a website for credibility--be sure to incorporate a clickable hyperlink to your
web site in every Craigslist advertisement you post. Search engines crawl the
list to identify the popularity of your web site. Links on Craigslist not only
build traffic to your web site, but also drive you up the search engine rankings
themselves.
About
the Author:
Mark J. Clang produced the most comprehensive manual on the market on
how to start a computer repair company. His e-book and video tutorials
demonstrate to new pc repair business proprietors how to rollout a new business
for maximum web publicity in their local city.
Article Source:
ArticlesBase.com
<TOP>
Logo Design Ideas for Your New Business
By
Chanre A Williams
Starting a
new business takes so much time and planning that sometimes, the logo design
process takes a back seat. Your logo says so much about your business and is at
the forefront of any marketing strategy. So where do you start?
Firstly,
decide on the image that you want to portray. Is it an elegant theme, feisty,
cutting edge, subtle, daring or fun? This is the first step in good logo design.
You need to know in which direction you want to take your business and your logo
will be the pinnacle of your mission.
So now
you've decided on an image or theme, then you need to decide on the colour or
colours that will exemplify your image. Elegant theme colours include gold,
black or silver, as well as white or purple. For a feisty theme, red, yellow or
orange could do the trick. Something cutting edge or daring would require bold
colours like red, black, dark grey, deep purple or a combination of colours. For
a subtle theme, perhaps white, light blue, pink or pastel colours would work. Or
if you just wanted to go with the fun theme then logos with bright colours such
as yellow, orange, pink, green or an array of these colours could be an option.
Once your
image and colours have been determined, your graphic designer or marketing consultants will create a few graphic design logos that would suit
your theme and colours. Generally, you will have a chance to tweak the design of
the logo that you choose until you are completely satisfied with it.
I always try
to remind clients that the company logo is for your customers, so keep that in
mind. Many times, as a business owner you get caught up in the excitement of
designing a logo, that you lose sight of the primary purpose of your logo. But
if you have a good marketing consultant to assist you, they will keep sight of
your objectives throughout your company logo design process.
About the Author:
Chanre A
Williams is a marketing consultant and the owner of Deschan Marketing and
Promotions. Based in Gauteng, we offer affordable and customised marketing
solutions to small and medium businesses.
Visit our
website
http://www.deschanmarketing.co.za for more information on our products and
services.
Article
Source:
EzineArticles.com
<TOP>
Franchise Reviews: Taking a Look at Computer
Troubleshooters
By
Michael Petriello
Eight of ten U.S households
own a personal computer and nearly every small business has at least one to run
their operation. Will they turn to service providers like Computer
Troubleshooters to hunt out and remove viruses, replace dead hard drives or
remedy the blue screen of death? This franchise review of Computer
Troubleshooters takes a look at this business opportunity and the overall health
of the on-site computer repair market to reveal key facts and trends anyone
seriously considering entering this industry must know.
With over 6 million personal
computers in the U.S, there would appear to be a huge market for fixes, repairs
and upgrades. Most businesses and many households rely on their computers every
day to pay bills, do homework, surf the internet and engage in social
networking. It's easy to anticipate a high demand for these professional
services and unlimited growth potential as more devices are purchased and
installed every day. Check out these important facts and trends before making a
final decision to become a computer repair business operator.
Low Price/Almost Free
Competition. Starting at around $99.00 for an initial on-site visit, franchised
computer repair services compete with many small, independent technicians that
have much lower overhead expenses which allow them to charge significantly lower
prices. Another serious competitor is the vast number of computer hobbyists --
sister, son-in-law, neighbor, guy from work, etc. -- who are happy to try their
hand at fixing the problem for free as a favor.
On-Line Competition.
Professionally staffed help desks equipped with technology to remotely perform
many of the same diagnostic and repairs services as an on-site technician are
grabbing market share. Eliminating all of the costs and challenges associated
with dispatching technicians out to customer locations, this option works well
for many small businesses requiring 24/7 managed services.
Evolving Technology. A
combination of low cost replacement options and migration away from traditional
desktop systems will put a ceiling on the market opportunity. Consumers can buy
a new, near state-or-the-art system capable of supporting advanced operating
systems and applications for nearly the price of a modest repair bill. Laptops,
notepads, Ipads and smartphones offer little opportunity for the component
replacements and virus detection/removal services which typically represent a
significant revenue stream for the on-site service technician.
That still leaves a great
deal of money on the table for quality, computer repair franchise businesses
such a Computer Troubleshooters. With over 450 franchises in 25 countries,
Computer Troubleshooters is doing something right. Relatively modest franchise
startup costs ($28,000 - $82,000), franchisee-friendly flat rated monthly
royalty fee and access to training and marketing programs are all included.
Owning and operating a
franchise business is one way to be your own boss. Be a smart business person
and consider a wide range of opportunities before you sign that franchise
agreement and commit your life savings. Follow me now to
http://www.decidefranchise.com and let me share with you my strategy and
proven plan to make money and be your own boss.
About the Author:
Michael Petriello teaches,
mentors and coaches aspiring online marketers and business owners to build
profitable online businesses. To see his formula on how to achieve success
online and get free training sessions go to
http://www.decidefranchise.com .
Article Source:
EzineArticles.com
<TOP>
Franchise Reviews: Taking a Look at Fast Teks
On-Site Computer Services
By
Michael Petriello
On-site
computers services, a no-brainer of a business that must generate great returns
in an ever growing market segment. After all, over 80% of U.S. households have a
computer and most have no idea what to do when the mess of wires, circuit boards
and software stop working. Fast Teks is one of the many on-site computer service
franchises targeting residential repairs and small business information
technology support. This franchise review takes a look at this industry in
general and Fast Teks in particular where we discover serious industry cyclical
issues that need to be considered before buying into this business.
Yes, there
are over 6 million personal computers in the U.S and yes, many of them break,
get infected with a virus or need some form of attention every day. That does
not, however, translate into a massive demand for professional services starting
at $99.00 and often costing much more.
Many of
those computers are very old. Most reputable service companies will advise
customers that it does not make sense to invest a couple of hundred dollars
repairing a machine that is well past its prime. -- Slice off a piece of the
addressable market.
Replacement
costs are low. Low end computers can be purchased at any big box retailer for
almost the same price as a modest repair bill. Many prospective repair customers
often make the decision to junk the old computer and buy new giving them access
to updated operating systems and applications. -- There goes another piece of
the marketplace pie.
Desktops are
disappearing. First laptops, then notebooks, now iPads and smartphones are
becoming the technologies of choice for home and small business computing. Many
of these devices cannot be repaired by on-site service technicians, and some are
seldom targets of the virus infection and subsequent removal which comprises a
significant revenue stream for on-site repair businesses. -- The pie gets even
smaller.
Fast Teks is
a successful franchise operation with many satisfied franchisees. An initial
investment of less than $20,000 is included in the $34,500 to $60,500 total
investment. Royalty fees of 7% on revenues is standard fare for this type of
business which does not require a brick and mortar storefront. Owners are not
required to have technical expertise, but will have to depend on hired,
industry-certified technicians to do the work. Managing employees and employee
churn are continuing challenges for the owner that depends solely on hired help.
The success
of your franchise business will be directly impacted by the cyclical
fundamentals of the business climate that it operates in. Open your eyes to a
low investment, potential high return business strategy in one of the worlds
fastest growing opportunity areas by visiting http://www.decidefranchise.com.
About the Author:
Michael
Petriello teaches, mentors and coaches aspiring online marketers and business
owners to build profitable online businesses. To see his formula on how to
achieve success online and get free training sessions go to
http://www.decidefranchise.com .
Article
Source:
EzineArticles.com
<TOP>
Entrepreneur's Coaching Center - How to Succeed
in Your Start-Up Business
By
Stephen J. Blakesley
Since most
start-up businesses fail ( 8 out of 10 within 5 years), one might wonder what is
different about those that succeed? As a Serial Entrepreneur myself, I have been
intrigued by that question, for years. What is it that makes a start-up business
succeed?
I asked that
very question to my "entrepreneur panel" on the Blog Talk Radio show I host on a
weekly basis called Entrepreneurs - R - Us. The panel was composed of three
successful entrepreneurs and I asked the question; What is the single most
important factor contributing to success?
Their
response was:
1. Planning
- Certainly, beginning a trip without a plan is ill-advised, but starting a
business without a plan can be disastrous. Yet, many people not only start
without a plan they fail without a plan.
2. Executing
- It is true that you can have the best plan in the world, but if you do not
execute it, the plan is worthless. Being able to understand the steps required
to put the plan into action is sometimes difficult, but even more difficult is
actually taking the steps.
3. Buy-In by
Family - This is one that caught me by surprise and I must admit that I was not
thinking along this line as I considered likely responses. Nathan Dagley, CEO of
Dagley Insurance and Financial Services, in Houston Texas was my panel member
who offered this response. He suggested that it was critical to get buy-in from
your spouse, but not just your spouse, even your children, if they are old
enough.
There are
more keys to start-up success than these three, but if I had to pick just three
and go with them, these three would not be a bad choice. So lets drill down a
little deeper with these three.
Plan to
Succeed
There is
just something about making plans that makes things turnout better, not always,
not every time, but more times than not, I believe. There is value in thinking
about where you are, where you want to go, and how might be the best way to get
there.
I have
started 5 businesses ( 4 successful) and each time my planning got more
sophisticated and became a more valuable to the success of the business. Don't
start a business without a plan for at least the first 3 years.
Execute,
Execute, Execute
In one of my
business ventures, I had a guy working for me, we'll call him Dan. Dan was an
educated man, an amicable and likable guy. His job was to manage and run a
remote store selling professional services. He had some modest goals to achieve,
but nothing out of the ordinary.
Dan always
seemed to rank among the bottom dwellers of the 75 other store managers in the
organization. Every time I would visit with Dan about his plans, I was always
impressed with them and came away thinking that he just needed a little more
time to implement his plans. You see Dan was always getting ready to do the
right things, but for some reason, never got them implemented. Dan was always "Gettin'
Ready To" do the right things but never got them done.
In your
plan, attach some execution dates and create some milestones to measure
progress, if you want to succeed.
Make It Our
Goal, Not My Goal
I can't tell
you how many times I have seen good ideas and good people fail because the
stress of starting a business destroyed a relationship or even worse, a family.
If you are just learning to swim, you don't jump in to untested waters without
someone watching. The same applies to a business start-up. There is no place
with less certainty than a business start-up.
Gaining
family support before you jump is, one of the best things you can do to relieve
the stress of starting a business. Everyone wants to be a part of something
bigger than themselves. Give you family an opportunity to win with you.
For other
interesting and informative insights into the wonderful world of Entrepreneurism
listen in to Entrepreneurs - R - Us every week on Blog Talk Radio at 5:30 PM
CDT. C U on the Radio!
About the
Author:
Stephen J. Blakesley, Managing Partner,
GMS Talent L P is an
author and a speaker. His two, most recent books, "The Target-The Secret to
Superior Performance" and Strategic Hiring - Tomorrow's Benefits today ( one of
the top 50 business books of 2006 according to Business Book Review ) are top
resources for business owners, mangers and C-Level executives.
Stephen also
hosts a radio show on Blog Talk Radio every week on Tuesday @ 5:30 CDT. To join
us:
http://www.blogtalkradio.com/sjb340/2010/11/23/entrepreneurs-r-us
The latest
productivity tool for organizations is a full-day workshop "The Superior
Performer Workshop" is delivering accelerated performance to individuals and
organizations alike. Contact Stephen and GMS at
mailto:info@gmstalent.com]info@gmstalent.com
Article
Source:
EzineArticles.com
<TOP>
Five Nagging Start-up Questions Facing Small
Business Owners
By
Susan L Reid
Starting a
business from scratch is intensely creative, exciting, and adventurous. In my
work as a small business start-up coach and consultant, I've noticed that all of
my clients tend to struggle with similar issues. Here are the five nagging
questions they most often deal with:
1. Is my
idea good enough?
2. How do I
obtain the money to start up?
3. Can I run
a successful business and still have a life?
4. Do I have
the necessary education and experience to do this?
5. What if I
fail?
IS MY IDEA
GOOD ENOUGH?
By the time
you have reached the place where you are thinking of starting up a business, you
have likely accumulated a lot of life experience. You've acquired general
information and developed expertise in one or more areas that is unique and
specific to you. While you may share similar strengths and traits with others,
in the final analysis, there is only one you. You have a viewpoint that is
distinctly yours. The world wants to see what you have to offer and hear what
you have to say!
It's
impossible to know completely at the start of the journey whether your initial
idea is good enough. You simply must go down the road, allow your idea to be
tested, and see what comes out at the end. It's the only way to discover your
niche and to know what your unique positioning in the world will be.
HOW DO I
OBTAIN THE MONEY TO START UP?
Most people
believe the only way to fund a start-up is through angel investors or venture
capitalists. That was never true in the past, and it isn't true today. Yes, some
opportunities require too much capital for self-funding, but certainly not all.
When
considering the difference between funding your start-up yourself or funding it
with other people's money, consider this: An outsider who makes a large
investment in your business will usually want a say in how their money is going
to be used. The same is true for family and friends who invest in your
business. This is why I encourage my clients to get creative and find a way to
fund their start-ups themselves. That way, they are in complete control of their
success, are inspired to become profitable sooner, and won't be spending a lot
of time answering to other people's expectations.
CAN I RUN A
SUCCESSFUL BUSINESS AND STILL HAVE A LIFE?
You bet! The
key is to realize that being a small business owner is only one piece of your
total life pie. It's not the whole pie.
Just as your
business is one piece of the pie, your family is another. Your friends, another.
Other pieces include your physical and emotional well-being, your wealth and
financial health, and your service to your community. You don't need to juggle
anything. It can all flow beautifully together, one piece dovetailing nicely
into another. This is called "having a life."
Many people
think they have to give up having a life to start a business. Sure, starting up
a business takes time. It requires focus, dedication, and energy, but not at the
expense of everything else you value and enjoy.
DO I HAVE
THE NECESSARY EDUCATION AND EXPERIENCE TO DO THIS?
As part of
the start-up journey, one of the first things I address with my clients is the
belief that they might not have the education or experience to start up a
business. Most of the time my clients come in with a great deal of experience
and education, but they don't realize it's applicable to their business idea. By
focusing on what they have done in the past, we can quickly make a short list of
what skills they might need to develop. They can work on acquiring these skills
while they are starting up. Just because you don't have a business degree
doesn't mean you won't be successful at running a business. Accounting can be
outsourced. Teleseminars can be taken. Books can be read. Questions can be
asked. Experience can be gained. You don't have to do it all! Whatever you don't
have right now, you can learn.
WHAT IF I
FAIL?
What if you
don't? What if you don't fail? What then? It is better to have tried and lost
than never to have tried at all - to embellish upon an oft-repeated phrase by
Alfred Lord Tennyson.
Letting the
thought of failure come into your mind whenever you are embarking upon a new
journey seems only natural. After all, none of us knows if we will fail or
succeed at something new. We can, however, set the tone for success. And setting
the tone makes all the difference. Let yourself consider failure for as short a
period as possible. Then move on.
GET ON WITH
THE ADVENTURE
Don't let
those nagging questions stop you from starting up your business. Instead,
address each question straightforwardly and with an open mind. Once you answer
them, you can start enjoying the creative, exciting adventure that starting up a
business was meant to be.
About the
Author:
Small
Business Start Up Coach, Consultant
& Author takes the fear out of starting up businesses by providing value,
inspiration, and direction to entrepreneurial women transforming lives and
making a difference in the world.
Accidental Pren-her™
Blog is where entrepreneurial women come to embrace their Inner Samurai.
Article
Source: ArticleRich.com
<TOP>
Starting a Computer Repair Business
By
Brenden
Bell
For most people who love
computers, and think they want to go into business, they don't know where to
start. Starting a computer repair business can easily be considered one of the
fastest growing home businesses in the US. There are scores of households who
want their computers repaired but don't know where to go. There may be questions
on what skills you will need, other than computer skills you will need in
starting a computer repair business, and the steps involved in getting it off
the ground.
You will need to follow a
logical, careful steps and plan very carefully to make sure you understand what
you need to do before you are able to even provide services to your clients.
The same holds true of
offices or small businesses that have avoided signing expensive annual
maintenance contracts. They need computer repair personnel to come and fix their
computers. But there are not enough computer repair personnel available. So, if
you have a natural flair for technology, starting a computer repair business is
the way to go. If done right, it is one business where you will have more work
than you can possibly do.
The ideal person in starting
a computer repair business is by nature a problem solver. Such a person is
well-versed with both the hardware and software side of the computer business.
But there is no rule that says that you cannot repair computers unless you are a
computer engineer. There are several computer repair professionals who have
never had formal training. More than that, these individuals have a passion for
technology. They can't sit still. They need to put their heads inside their
personal computers to know how it works. They want to load every new software
package that comes along themselves. If you are one of these people, then you
are the right person for starting a computer repair business.
You may want to
differentiate between the software and hardware side of starting a computer
repair business if you feel you aren't strong enough to be a problem solver for
both sides. The hardware side is more difficult since it requires knowledge of
circuits and chips. The software side is relatively easier. Each software has a
help manual, books, courses, websites, and forums that make installation,
customization and running it easy.
In this style of business,
it can be essential to upgrade your skills constantly. There can be a high
degree of obsolescence inside the computer system industry. You must know the
latest versions of hardware and software available. This would require attending
workshops run by computer system professionals. Computer firms like IBM and
Apple, too, hold training sessions for computer pros to keep them in the loop.
You should make certain that you attend these workshops once every few months.
You ought to also visit the
internet sites of major personal computer equipment manufacturers as a rule, and
study the technical details of every new product. If will need be, you should
email the technical advisory teams to clarify doubts you have. This is an
efficient way to keep yourself abreast of latest developments. An additional
excellent source of knowledge is technical forums. You are able to post
questions on these forums and wait for an individual to reply. Staying up to
date is essential to starting a computer repair business.
Your principal investment
really should be on acquiring knowledge. After that, you'll need four points: a
car to attend repair calls, a telephone to answer queries, an web connection to
browse computer web sites and check out technical forums, and a tool kit. You
ought to in no way assemble an inventory. Set up relationships with computer
part dealers so that you can purchase a computer element or software as and when
necessary. Settle the bill as soon as you get funds from the client. This will
help you develop a positive cash flow.
You should not waste income
on setting up a swank office. It is much better to operate from your existing
facilities. Maybe, it is possible to use a garage or an inside room as your
workshop.
The success of your company
depends on how well you identify your target market. You are able to decide on
households, for instance. In this situation, you need to be willing to travel to
distant homes to repair a computer system or bring the pc home for repairs. You
are able to also look at servicing offices. In this circumstance, you need to
draw up a maintenance contract whose terms really should be far more attractive
to your clients than those demanded by big companies. In either situation, you
have to work hard to create your customer base.
If you make out calls, then
do a good job at it. It can be more lucrative. Don't wait for the clients to
bring you their computers. Your uniqueness in making outcalls can be beneficial.
If you're looking at the office visits as your principal customer base, then you
really should be ready to make service calls. Go to as numerous offices as
possible. You will find that business will eventually come to you on its own.
Focus on the speed of your response. Attend a call as soon as it comes. Please
remember that people feel paralyzed when their laptop or computer breaks down.
They want the system to be fixed at the earliest time. This is one area where if
you want a lot of business, you need to step up your service. Whenever you
attend a call, leave your company card behind. Before you know it, you can have
built a loyal base of customers, with one satisfied consumer passing your number
to yet another and then one more and so on. You possibly can also advertise in
online directory, newspaper classifieds and online on sites that target your
city. Even get your own website.
How much you charge is
totally dependent on the type of customer you have. The advantage of starting a
computer repair business is that the customer pays you immediately. Your money
isn't restricted. Also, make sure the repair rates are reasonable. You are able
to effortlessly charge $25-$50 an hour plus. The main thing is set your rates
from the very beginning. Be upfront with your customers about your rates, and
give them good accurate estimates, just be honest with them. Besides this, don't
forget to charge transportation expenses, because you've invested both time and
funds in going out on a repair call. You can also make a few dollars upselling
parts and to do this try to find a deal with a PC parts supplier.
There are some additional
steps you can take that will help you in starting a computer repair business.
First, determine who is your
ideal client. This may be individuals, small businesses, medium to large size
business, you need to know who your target is before you go after them. You need
to know who your clients will be, what your ideal clients are and what are their
unique characteristics. When I say characteristics I mean how big, location,
type of employees for a business or type of household. Also determine what is
your niche and if you have a specialty. Also think about if your clients will
have be in a specific industry, for business, will they have a specific type of
hardware and software. Having a niche or specialty can help you position
yourself to offer technology solutions that few others may offer in your area.
As a result you will be a lot more indispensable to your clients.
Next determine your own
strengths and weaknesses. If you really are a hardware person and weak in
software then make it your niche or specialty. Also determine if your business
skills match your computer skills, if you are not very business savvy, then you
may want to seek those who can help you. To have the best result you want to
have a good mix of business skills and technical skills. Anybody who is starting
a computer repair business also has to have good social skills. You must always
be marketing and advertising your business. If your skills in that area aren't
very good you may want to try a professional. Maybe check out
advertisesmallbusiness.com for tips for advertising your business.
Just be patient and let your
business grow over time, be consistent and treat your clients with respect. You
are bound to be successful.
About the Author:
Brendan Bell has created a
website to help people find home based business opportunities. Read about this
one and more at
http://www.getpaid2workfromhome.com
Article Source:
EzineArticles.com
<TOP>
Got a Small Business Idea - Now What?
By
Sheryl A. Skutelsky
Okay, so you think you have
this great idea for a new small business venture. Now what? Well, think of it as
your new baby. You need to protect it, nurture it, and then watch it grow.
If your idea is unique, the
first thing you need to do is protect it from being stolen. Make sure that
anyone that you share your new idea with first signs a standard non-disclosure.
If you don't want to invest in a lawyer early on, you can find a standard form
on the Internet at sites like rocketlawyer.com.
Like any new baby, you want
to put your new idea in the hands of a professional that you can trust to help
it grow. You will need to find someone to help you with small business branding.
This includes creating a company name, logo, letterhead, business cards, and a
web site. Make sure that you file the proper paperwork with your county. This
usually means a DBA form (doing business as) which can be done at a site such as
simplefilings.com. This form will be necessary if you plan to open a bank
account under the name of your new business. You will also need someone to point
you in the right direction when it comes to advertising and search engine
optimization. Look on the Internet for a good graphic designer, and don't be
afraid to check out their references. You don't want to trust your new baby to
just any one.
Your logo is a key element.
It will be your calling card that will appear on all your printed materials, so
choose it wisely. A good graphic designer can help you find the right look and
feel for your new business, but keep your original idea at the forefront.
Remember, this is your baby. Put all your enthusiasm into this new venture, and
you'll be able to feel proud as you watch all your hard work pay off. Good luck.
Sheryl A. Skutelsky is owner
of SAS Graphic Design - specializing in small business branding.
For more information on
small business branding visit SAS Graphic Design at:
http://www.sasgraphicdesign.com
Article Source:
EzineArticles.com
<TOP>
Starting a Business? Here Are 7 Quick Tips to
Finding New Clients in 2011
By
Clive A
Cable
Wouldn't it be great if you
could create an automatic way of getting new clients? One that's like a dial
you turn every time you want more clients. Or you turn down when you have too
many. Imagine that... you're just starting a business and you have too many
clients, but I'm getting way ahead of myself here.
Like most things in life,
getting clients is easy when you know how.
So here are my top seven
tips to finding as many clients as you can handle.
1. Stop thinking it's all
about you... it's not. Far too many people talk about themselves in their small
business. And it's unattractive and quite often boring. Be interested rather
than trying to be interesting.
2. Use language people
understand. Most people when they write about their business use big,
complicated, 'expensive words.' But the average reading age in the western world
is a child of ten. Using college professor words turn people off.
3. Focus on one problem at a
time. Because problems are what people pay to solve. And only one at a time. If
you offer something that is multi-purpose dumb it down to one pressing problem.
That way you become attractive to the solution finding people you are trying to
reach out to.
4. Don't call attention to
yourself. When you write to others, whether it's a brochure, advert, article or
similar, keep your attention on their situation not yours. People only really
care about themselves and their problems. Be transparent in your writing.
5. Tell your story. Now I
know this sounds like the opposite of what I just wrote, but all will be
revealed. I'm a behind the scenes person and I like helping people to find
clients when starting a business because I found this was the most difficult
thing to do when I first started out. I imagine it's the same for you so I
decided to sit down and write this article to help you. Telling the story of why
you started your business and why you enjoy it helps people to know, like and
trust you.
6. Make your solution easy.
No one likes hard work that much. The thing that is in the way of your potential
client getting what they want is you! Well, actually it's what you offer. They
have to go through your process to get to the other side. And that usually
involves some kind of effort. The more easy you make your solution sound the
more appealing you are to your client.
7. Give people permission to
buy. Most people don't like to spend money. However, they know they need to in
order to solve a pressing problem. Hardly anyone counts their pennies when going
to a dentist or a vet. Telling people you have the answer to their problem gets
them fired up emotionally, but they may not spend their hard-earned cash if they
don't have a strong enough intellectual alibi. That is to say a reason they can
justify to others. Okay, I hope this helps getting you one giant step further
when starting a business of any kind.
About the Author: For more
great free practical strategies go to
http://www.startupsuccessful.com and discover the Science of Getting
Clients. You'll also find a free start up kit after reading any one of my blogs.
This kit is made up of a special report about the three big mistakes people make
when starting a business and a valuable free mp3 that expands on the ideas in
the report.
Article Source:
EzineArticles.com
<TOP>
Essential Things To Keep In Mind Before You Start
A Business
by
Jane M Dawson
You have a good job, a
decent paycheck, and excellent career prospects. Nevertheless, something inside
you says not all this is enough. You long to be a top-notch entrepreneur. You
want to self-actualize by realizing your full entrepreneurial potential. After
all, there are umpteen winning stories of famous entrepreneurs who have started
enterprises with humble beginnings and ended up being multimillionaires. Can
these stories come true for you? Maybe not entirely, but if you have the
willingness and entrepreneurial spirit, success may just be round the corner.
All that you need is to make the right start.
Here are some key guiding
principles that can help you make a beginning in starting a business.
Knowing Your Potential
First, decide whether
entrepreneurship is the right path for you. Starting a business is fraught with
risks. A novice entrepreneur must understand that occasional failures are part
of any business venture. Therefore, to succeed eventually, a newbie must have a
psyche that has an adequate risk appetite. If you cannot stomach risks, stay
away from starting a business and stick to your job instead, but if you plan to
go ahead, do it by all means. However, take note not to take unnecessary risks.
Build success on good qualities.
In summary, a person who
handles a good business
• Is a good
self-starter – You have to be proactive in conceiving your own ideas, organizing
your time, and visualizing the processes that go with initiating a business
venture.
• Is a person who
gets along marvelously – A business environment is heterogeneous. You do not
choose the persons you are dealing with. An entrepreneur has to be flexible in
dealing with all sorts of people, and that includes customers, traders,
government officials, lawyers, bankers, and consultants.
• Is a person with
emotional stamina - An enterprise is not a 9 to 5 job. You need to be ready to
work for more than 12 hours a day for weeks on end. After all, it is your own
business, and you would not like to be the weak link that spoils the show.
• Is a
well-organized person – Business is all about having a good interdisciplinary
approach. In an enterprise, you need a sound plan, a well-knit infrastructure, a
good knowledge of financials, and most of all, well-honed skills in your own
field.
• Is a person who
strikes a balance – It will do you no good if your entire life is engrossed in
business activities. You need to strike a balance between your entrepreneurial
life and you personal family life.
Getting Started
Getting started on a venture
entails many activities. It is quite possible that you will not be familiar with
all procedures. Hence, it is a good idea to have a mentor to start with. A
mentor is a person who is hardened with experience in your field of venture and
is willing to help you. There are permits and licenses to be obtained, funds are
to be procured for the short and long term, an appropriate location is to be
selected, and the basic infrastructure has to be procured. Ideas from an old
hand in these matters will help a lot.
However, remember the most
important action that needs your attention is naming your business. Naming is
not just about thinking up a trendy title that will impress your target
customers. State laws may dictate that the sole proprietor should have his own
name as his business name. However, a newbie can apply for a trade name if the
law permits.
Protect your know-how in the
initial stages. Your know-how and your unique business ideas are the key assets.
Protecting these legally will help in safeguarding your business from
undesirable stalkers.
Managing Your Business
Day-to-day management of
business is all about applying good management skills combined with your field
expertise. On a day-to-day basis, an entrepreneur gets busy with the following
issues:
• Marketing
• Deciding prices
• Solving employee
problems
• Troubleshooting
breakdowns
• Getting to grips
with any legal issues
• Forecasting
future growth
• Maintaining
statutory standards
In addition to the above,
continuous analysis of your product with upgraded technology is also necessary
to stay afloat in this competitive world.
Quitting Your Business
Quitting may sound odd to
you at this stage when you are upbeat on starting your new enterprise.
Nevertheless, you will have to plan your exit strategy to buffer the impact of
any adverse future eventualities. The time to exit your business will depend on
many factors, the size and complexity of your business being the chief of them.
Typically, getting out of your enterprise will entail the following procedures:
• Coming to an
agreement and obtaining an authorization to dissolve your trade.
• Designating a
new owner or leader.
• Reconciling
your assets and inventory.
• Deciding an
appropriate date for notices and announcements.
• Closing of
operations.
• Disposing and
transferring assets.
• Closing bank
accounts.
All said and done, success
comes to those who have the passion and believe in the power of positive
thinking. Once an entrepreneur has the ability to adapt, he or she can be
confident, and that is the greatest indicator of survival in business.
Leadership is one important trait that has survived the test of time. A person
with a certain magnetism and charisma and with a burning desire to create a
strong and stable business that is beneficial to all stakeholders will stand out
in the end.
About the Author:
Wholesale forum is
the first online discussion platform for USA wholesalers and wholesale
distributors forum. Join wholesale forum today to know about
ebay suppliers,
dropshippers directory and much more.
Article Source:
ArticleRich.com
<TOP>
How to Start a Computer Consulting Business
by
Adam Anderson
Most computer security
consultants work on their own. So Computer Consulting is a good business to
startup as a sole proprietor. You won’t need to worry about payroll and taxes
for additional employees when you are starting out. This will free up more time
for you to continue with professional development training and to focus on
generating business.
Steps for Getting Started
1. Start small. It takes
time to build a strong customer base. It might be a good idea to start on a
part-time basis at first, maintaining another full- or part-time job for
financial security.
2. Focus on a particular
specialty or niche. Being a consultant means you need to be an expert in your
field. By specializing in a specific field you can make it easier to stay up to
date with industry information. You might decide to work as a physical security
systems expert, data encryption, or even biometrics.
3. Maintain a professional
image. Dress nicely. Your customers will appreciate your attention to fine
details. Consider purchasing ID lanyards for you and anyone else on your team. A
lanyard with a photo ID and the name of your company gives you a more
professional appearance.
4. Don’t forget to buy
insurance for your company. Consulting firms should have some form of business
insurance policy. If you’re not sure where to start speak with the agent that
handles your homeowners’, renters’ or condo insurance.
5. Do price
comparisons before you set your fees. Find out how much other consulting
professionals in your area charge for similar services and use that as a guide
in establishing your own rates. You might be tempted to undercut your
competitors at first, but cheaper isn’t always the best business solution.
6. Create a website
outlining the services you provide. It’s a good idea to get testimonials and
recommendations from your clients to help you establish your reputation for
quality service and professionalism. You might want to promote your business via
a blog or other social networking sites as well.
7. As a computer
securities consultant you will often come into contact with sensitive client
information. Draw up your own contracts that include a non-compete clause to put
your clients at ease. It is recommended that you consult a legal professional
when drawing up contracts and other legal documents.
Additional Tips:
• To generate more
business, you should consider contacting libraries, business, school, and other
agencies to hold seminars on the importance of computer security. In the
beginning you may want to consider holding free seminars or webinars to help you
promote your company and establish your reputation.
• To generate
business, offer free consultations. Keep the initial consultation short (30
minutes or less) and be sure not to give away too much advice. The goal of the
initial consultation is to show potential clients how they will benefit from the
services your company provides.
• For every business
owner it is important that you respond to calls and emails quickly.
For more details
id lanyards about and
lanyard, please visit us online.
Article Source:
ArticleRich.com
<TOP>
Run a Computer Repair Business
By
Edward
Dean
If you are skilled with
computers and are looking to start your own business, you may want to run a
computer repair business. Today, computers are more important than ever, you
will find computers in nearly every home and business. However, even though
computer use is so wide spread, very few know how to repair a computer. If you
possess computer repair skills, your services may be very much in demand.
Who Will Be in the Business?
When forming your computer
repair business, you will need to decide who will be in the business. You may
want to run the business yourself, or you may decide you need some partners. If
you run the business yourself, you will receive all the profits, however, it
also means that you will have more work to do yourself.
If you are looking for
potential partners, you may first look at friends and family who also have
experience repairing computers. You can also look at people you do not know. Be
careful though who you chose to work with. A bad relationship between partners
can ruin a business.
Financing
To run a computer repair
business requires a significant amount of startup capital. You will have to
consider paying for real estate, payroll, supplies, equipment, and more. These
costs can quickly add up. You may not have enough cash free to pay for all the
expenses. If this is the case, you may need to consider financing.
There are many places you
can look for financing for your business. You may have a rich relative you has
money they could invest in your company, but more likely you will need to borrow
money from a bank. Check with banks in your local area and see which banks
specialize in lending to small businesses. If you shop around, you will find
that different banks will offer different interest rates and different terms on
their loans. Make sure that you read the loan documentation carefully before
signing it. It may be a good idea to get the assistance of an attorney when
going through this process.
Another source you should
consider when seeking financing is the Small Business Administration. This is an
agency of the U.S. government that assists small businesses. You can qualify for
a loan that is backed by the U.S. government, which means that you will receive
a lower interest rate than you otherwise would. Also, you should see what other
resources the Small Business Administration has to offer you in helping with
your business.
Advertise
Of course, once your
business is up and running, you will need to attract customers. You will need to
advertise effectively to let people in your community know about your services.
A good idea is to have a grand opening special. You can also run ads in local
papers and magazines. If you need more help with advertising, you can hire an
advertising agency to help you.
Work Hard
Remember, opening your own
business is hard work. You may not see much success at first, but in the long
run it could be very financial rewarding to run a computer repair business.
Edward Dean is an
accomplished website developer and author. To learn more about
run-a-computer-repair-business visit
Home Based
Franchising for current articles and discussions.
Article Source:
EzineArticles.com
<TOP>
Designing
Your Company's Success
by
Kaye Marks
Developing brand identity is a
vital part of succeeding in the business world. Your goal, of course, is to
generate an identity that is instantly recognizable to customers, and leads them
to investigate your company to fill their needs.
Many
components go into developing a brand identity. Most companies are familiar with
one of the primary components:
the company
logo.
It is
important to have a well designed logo that fits with your company and is easily
recognizable. It is also important to ensure that all of your products and
advertising literature displays the same logo. If you have a logo that includes
a lion on one package, and a logo showing stars on another, you have completely
lost the reconcilability factor.
However, more
goes into generating a brand identity than just the logo. Every aspect of your
company must incorporate the same basic design. Of course, you want to display
your logo quite prominently on everything, but that is not what I mean. What I
mean is that all of your products, all of your advertising materials, and all of
your online media should use the same basic design.
Your website.
Do not make
the mistake of failing to incorporate your overall design into your website.
Some companies invest millions is brilliant ad designs that they plaster all
over their literature and in their commercials, only to ignore their online
identity. When customers visit that company’s website, they see a totally
different design than they saw in commercials. That company has lost a prime
chance to build their identity in that customer’s mind, and they have perhaps
failed to make a loyal customer in the process.
When you have
your print and television designs made, go a step further and have it integrated
into your website as well. When all of your efforts project the same image, it
goes a long way to establishing your identity.
Print
literature
Another common
mistake that companies make is investing mounds of money in designing their ad
campaign, and then tries to save money by spending as little as possible in the
actual printing of the literature. This is a monumental mistake. The greatest
design in the world will fail if it is not properly transferred to paper. In
fact, if a poor quality company is used to do your commercial printing, it can
do more harm than good. That design that you were so proud of when you saw it on
the computer screen can end up looking atrocious on paper, and will turn
customers away rather than bringing them in.
Investing in
using a tested, quality commercial printer can bring in thousands in added
revenue. A good printer will take your well planned design and convert it into
an effective, consistent advertising effort.
Your products
Finally, make
sure to build upon your efforts by adding elements of your design to your
products. When you ship a product to a customer, they have already used your
company and paid for your services. Build upon that by putting your logo, and
overall color scheme, onto stickers on the package. This will reinforce your
identity in that customer’s mind. As long as they are happy with the product
that they purchased, they will consider their experience with your company to be
a pleasant one, and your design will stick in their head.
Kaye Z. Marks is an avid
writer and follower of developments in
commercial color printing industry and how these improvements can benefit
small to medium-scale business.
Article Source:
Amazines.com
<TOP>
Running A
Small Business
by
Tony Jacowski
Running small business is no small feat,
considering that one has to handle so many daunting tasks. From getting the
business up and running, to planning, financing, marketing, managing employees
and accounting, it adds up to a huge task. To top it all off, all of the
responsibility falls on squarely on the lap of the small business owner.
Running a Small Business
Above all else, we need to
answer two things: 1) Is running a small business for me and 2) why start my own
business?
IS RUNNING A SMALL BUSINESS
FOR ME?
Running a business is not
for everybody, as it takes a special kind of character. Additionally, you can’t
totally risk-proof your business, but you can improve through sound planning.
Start by asking yourself following questions:
1.
Are you a self-starter or do you need someone push you into action? If you can’t
plan, organize and follow up by yourself you probably won’t make a good small
business owner.
2.
Are you a good decision-maker? You will need to make a lot of critical decisions
quickly. You can’t depend on someone else in this area.
3.
How good are your interpersonal skills? Since you probably can’t afford the
luxury of a specialist (at least in the beginning), you will need to do all the
talking with your customers and vendors and you will have to get along with
them. Remember that your prime concern is the well-being of your business
and you have to be able to deal with multiple personality types with the
patience of a diplomat. Can you realistically do this?
4.
Can you justify your business plan? If you can’t be pragmatic in assessing your
plans and other business situations, you will be doing an injustice to your
business. Being unbiased is crucial, even with yourself.
5.
Can you handle extreme pressures? Pressures can potentially demotivate you to
the point of quitting, if you don’t have the personality to handle them well.
Remember that you will probably need to work around the clock, especially at the
peak times for your business. Can you do this without being frustrated?
WHY START MY OWN BUSINESS?
Perhaps the first answer is
to become your own boss. Hard work eventually pays off and you alone will reap
the benefit. Your earning potential is unlimited. For some people, a new
venture is exciting as they get variety in their work and thrive on challenge.
Planning and Starting a
Business
Good planning means to get a
workable business idea (one that suits you and your skills) and organizing key
events to get the business started and running. You should plan through
brainstorming, collecting information and analyzing it. Your options are
franchising, buying an existing a business or starting one from scratch (risky
for a beginner, but doable). Decide on the type of ownership at this stage.
Getting an appropriate name and licensing through the government are the final
steps.
RUNNING THE BUSINESS
Funding your venture is the
major task. You can look into financing it through loans from Small Business
Administration. SBA has a lot of programs suitable for small business owners.
Getting work is the next big
task. The SBA helps in getting government contracts subject to qualifying
factors. You will need to do your own marketing. Keenly observing the behavior
of customers and competitors is key to helping your business succeed. Good
services and incentives will help you to retain and expand your customer base.
Important Points
You can’t ignore the
importance of legal aspects such as taxation, copyrights, employee relations,
accounting principles and insurance among others. You may need to hire
professionals for at least some of these. Of utmost importance are your
financial obligations like monthly bills and loan repayments. At the very
least, you will need the services of an account to handle your finances.
You can be successful in
starting and running your own small business. It takes a lot of motivation
and some risk tolerance. Running your own small business can be extremely
gratifying. Knowing that you have what it takes to succeed is the first s
Tony Jacowski is a quality
analyst for The MBA Journal. Aveta Solution's
Six Sigma Online
offers online six sigma training and certification classes for lean six sigma,
black belts, green belts, and yellow belts.
Article Source:
ArticleRich.com
<TOP>
Computer Repair Franchise is an In-Demand
Business
By
Tom Brinic
There's no doubt almost
every household has a computer - at least those located in a
technologically-powered area. That being the case, a customer repair franchise
is a good business.
Despite the growing number
of companies incorporating computers into their over-all business operation,
there is always a demand for computer repair, plus the fact that there are tons
of IT related services all through out the modern market. This results to an
opportunity to launch your very own computer repair franchise.
Picture yourself the
businessman behind the premier provider of emergency response computer service
in the country. Just make sure you deliver the technical and back-office support
your clients need. Your service must also be around the clock and fast!
A computer repair franchise
is a business that must be able to solve computer problems and provide solutions
to the wide array of customer needs.
The key to having a
successful computer repair franchise is by offering your customers the following
emergency response services: emergency repairs, upgrades, data recovery,
disaster recovery, virus prevention and instant support.
Plus, you could also offer
the following business automation to your clients: distribution, accounting,
manufacturing, installation, implementation, e-commerce, training, wireless and
pager integration and web design.
In order to solve the modern
computer problems faced by countless users today, a computer repair franchise
must have the resources mentioned above. They must also be able to control their
professional future and continue and keeping their customers satisfied.
A computer repair franchise
can succeed as a business by having the assistance and support of the big
players in the computer industry such as Microsoft, Novell, Cisco, Compaq, IBM
and Macola.
The next step is to train
your employees. In order for your computer repair franchise business to be one
of the best in its field, your employees must know computer support like the
back of their hands.
In order to maintain your
business, you must have training programs involved in the concentration of
activities taking place in sales department, dispatchers and customer service.
You must also be clear with
the customer and employee legal contracts to avoid complications in the future
which could lead to a possible downfall of your computer repair franchise.
Invoicing, purchasing and
collection assistance are also crucial aspects in a computer repair franchise
that deserves to get the owner's attention. By closely monitoring these, the
businessman (you) will have a better understanding of what is going on with his
company.
You must also be updated on
the status of the services you provide your customers: web hosting, product
expediting, shipping, receiving, quoting and vendor certification assistance.
Pricing recommendations,
marketing, advertising, accounts payable and insurance assistance are the
financial areas of the computer repair franchise. With proper budgeting, the
business can boom even more despite the up and down costs.
Chances are if you are a
computer pro, then you pretty much know the computer 101 and can easily share
your knowledge to those who are in need of enlightening. Only the best computer
professionals and organizations can provide top-notch computer repair franchise.
By delivering the goods -
the best technology, the quickest support and a friendly network - your computer
repair franchise can easily thrive in the industry. Amidst your competition, as
long as you provide what the client needs then your business is here to stay.
Before making a responsible
decision involving franchising your business or
investing in a computer repair franchise, you should get all the information
you can regarding the matter. Our website,
Franchising My
Business offers news, tips and advice to help you through this decision
making process.
Article Source:
EzineArticles.com
<TOP>
Product Ideas: How To
Determine What to Offer
by
Joshua
Feinberg
Product ideas or services
that your computer business will offer are not as easy to decide upon as you may
think. When you start a new business this part of business planning is often
taken for granted.
Deciding upon a product idea
or service to offer typically starts with an assessment of your technology
skills. Once you know what you are good at, it is easy to come up with a
service or product idea that interests you. Therein lies the problem.
Many new business owners
base their service and product ideas on their interests rather than their target
customers’ needs.
Two Approaches to Service
and/or Product Ideas
Approach Number One
Find a platform that you
enjoy working with that sounds really, really cool and sounds like a product
idea or service that everyone would want and need.
Then go and read every
single book you can get your hands on, on that topic.
Attend every workshop and
conference being held about this product idea or service.
Prepare for, and write, a
certification exam to improve your credentials when offering this service or
product idea.
Approach Number Two
Start talking to very
specific kinds of business owners and managers that are most likely to need IT
services on a regular basis from your firm.
Determine from their
answers, the services or product ideas they are most likely to need in the next
year.
With Approach #1 you will
need to sell clients on your product ideas and services.
You will need to convince
clients that they need what you are offering. In contrast, with Approach #2,
the product ideas and services should sell themselves.
You’ve already done the
selling by asking them what they need. It’s pretty hard for them to deny
needing the product ideas and services they told you they needed in the first
place. If you asked the right businesses, then these people should have the
willingness and ability to pay for the services and product ideas you are
offering.
Bottom Line on Product Ideas
Your product ideas and/or
services must come from your potential clients. If you choose based on your
interests, you will have a much tougher time selling your product ideas to
them. When you go straight to the source and then match your skills with the
product ideas they suggest, your business will take off all that much smoother.
Copyright MMI-MMVII,
Computer Consultants Secrets. All Worldwide Rights Reserved. {Attention
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compliance}
Joshua Feinberg has helped
thousands of computer consultants get more steady, high-paying clients. Learn
how you can too. Sign-up now for Joshua’s free Computer Consultants Secrets
audio training at
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Article Source:
ArticleRich.com
<TOP>
Starting a Business? Remember That Hope Isn't a
Plan.
by
Linda E. Cummings, Attorney at Law
Optimism is a necessary
component of the entrepreneurial spirit. When it comes to starting and running
a business, however, ignoring legal risks and hoping that nothing bad will
happen is not a plan. There is just too much that can go wrong. Identifying
your legal risks and then addressing them to eliminate the risks you can and
minimize and manage the risks you cannot eliminate is not a failure of
optimism. Instead, knowing what your business liability risks are and managing
those risks should free you to move forward with developing and growing your
business with realistic hope, not nagging worries.
What are the most common
(and most important) legal liability issues businesses (no matter how small)
face? I don't know that any business attorney would be able to produce a
comprehensive list of every possibility, but here's my attempt at a reasonably
complete outline of the issues which should at least be considered by every
entrepreneur:
1. Business Formation
Issues: Should the business entity be a sole proprietorship, partnership,
LLC or corporation? Even a single owner can incorporate or form a single-member
LLC, and this decision is not strictly a legal matter, but should be made in
consultation with an experienced business accountant as well.
2. Business Governance
Issues: Once a decision regarding the type of legal entity the business
should be is made, creating governing documents for that entity must be
considered. Even a single-member LLC should, ideally, have an operating
agreement (and may have to have one to keep its legal status, depending on the
jurisdiction). A business with more than one owner (whether LLC members,
shareholders or partners) needs governing documents, period, even when the
business is family owned and operated. What happens if someone wants "out"?
What happens if someone wants someone else "out"? How will decisions be made if
everyone doesn't agree (particularly if there are only two owners)? How do you
get paid, how much, and how is that to be decided? And, something which is very
important to cover (but often entirely overlooked) - what happens when it's all
over (also known as the "exit strategy")? You have a choice - hire a lawyer at
the beginning, while everyone still likes each other, to formalize your
relationship, or wait until a conflict develops and then hire a lawyer to
litigate it. I'll give you three guesses about which approach costs less, and
the first two guesses don't count.
3. Employment Issues:
Whether the business has employees or independent contractors, there are legal
liability issues which should be addressed and managed with appropriate written
agreements. As far as I am concerned, there is no good reason not to have a
written employment and/or independent contractor agreement. In addition,
serious consideration should be given to creating an employee handbook to cover
not only the terms and conditions of employment, but such issues as technology
use and potential abuse (including e-mail, social media, your website, etc.) and
intellectual property issues such as non-disclosure agreements and/or
assignments (if pertinent to your business).
4. Transactional
Issues: What will your business buy, rent or sell? Whatever it is, you'll
need a contract. As discussed below, form agreements from the internet are
worth just about what you pay for them (probably much less). If you start
there, be sure not to end there, if you'd like to keep the money you
earn.
5. Capitalization
Issues: Unless you are a sole proprietor bootstrapping the startup of a
business with your own personal savings, the manner in which the business will
be capitalized must be considered and the associated legal issues handled
appropriately. Venture capital, equity and stock option compensation all give
rise to legal liability issues which must be effectively managed in order for
the business to succeed. Even small businesses with no employees, in which the
owners provide all of the "sweat equity", can benefit greatly from an agreement
which explains just exactly what in the way of rolling up the sleeves is
expected of every member; it sure helps to prevent misunderstandings, hurt
feelings and, ultimately, deadlock or worse among the business owners.
Can you handle some of this
stuff yourself, and save some money? This may sound strange coming from an
attorney, but yes, I think you can. One can easily stumble into "penny wise,
pound foolish" territory in doing so, however. Several times over the past
year, for example, I have been consulted by sole proprietors who used an online
service to create their business entities a while back, but then didn't have any
guidance on what to do with them (required filings with the Secretary of State,
tax payments, corporate finalities such as minutes and meetings, that sort of
thing). As a result, they derived no protection against personal liability by
forming their business entities. They may as well have saved the money creating
a corporation or LLC altogether, purchased great insurance coverage, and
operated as a sole proprietor for a while, until they were ready to take on a
partner or investor, or hire an employee. A corporation or LLC you don't know
what to do with is really a waste of time and money to create, even through an
online source.
Another example is using
form contracts you buy (or find) on the internet. Again, this may sound strange
coming from an attorney, but you may be able to save some legal fees that way.
If you've found some contracts on the internet the terms of which you like,
there's no harm in giving them to your lawyer and explaining what it is you like
about them. Certainly, lawyers use their own template contract terms when they
create new agreements (you didn't think we start from scratch every time, did
you?) My own templates are only valuable to me because they are the end product
of years of learning and "tweaking", and they are only the beginning (there is a
significant amount of customized drafting required to tailor a template to fit
the specific needs of a particular business transaction). Here's a perhaps more
concrete example. An employment agreement you found on the internet may be
worse than not using an employment agreement at all if its terms violate the
employment law of your specific jurisdiction. So for heaven's sake, at a
minimum you will want to have a business attorney at least review the contracts
you intend to use in your business. And by that I mean all of them. Because
using agreements with conflicting provisions may (you've got it) be worse than
using no agreements at all. So, strictly from a cost-benefit analysis
perspective, you have two choices. You can hire a business lawyer to create
your business contracts for you up front (i.e., template contracts you can
actually use to make money), or you can hire an attorney to litigate disputes
over inapplicable or misused internet forms later. I'll leave it up to you to
guess which approach is the most cost effective for your business.
My sense is that there are
three big reasons why small business owners (particularly start-ups) don't want
to hire an attorney to help them. They are ego, money and fear, and I'd say
they vary in order of importance depending upon whether or not the business
owner(s) has/have prior entrepreneurial experience. What I mean is this:
1. Ego: You have to be a
pretty confident, self-assured person to start a business. Often, the belief
that one knows all one needs to know about all things related to that business,
and better than anyone else could possibly, is an associated personality trait.
Of course, most entrepreneurs who try to start and run a business, and actually
succeed at it, learn at some point in time that failing to enlist the assistance
of a trusted legal advisor is a mistake. For those entrepreneurs, the second
time around is usually the charm, because they have learned to set aside ego in
favor of effective legal assistance.
2. Money: If you don't
have it, it's hard to spend it. Or, there may be some ego overlap (why pay for
something you don't need?) Again, there are things you can do yourself to save
money, but "penny wise and pound foolish" just doesn't work for most
businesses. If you can't afford a large, expensive business law firm, find an
experienced solo practitioner who will agree to help you by "unbundling" his or
her legal services and performing work for a flat fee, and at least get the
basics covered so you can make money and keep some of it too. It won't get
easier (or cheaper) to handle the legal "basics" than at the very beginning of a
business.
3. Fear: Entrepreneurs who
have tried to work with attorneys in the past who tended to thwart rather than
facilitate getting business transactions done are understandably fearful of
travelling that path again. The best I can recommend here is that you find a
lawyer who advises but doesn't dictate, and that you spend some time with that
lawyer explaining your business and reaching an agreement regarding your risk
tolerance (and p.s., if your lawyer knows that you have a high tolerance for
business risks and still tells you that you are about to do something stupid,
you can be pretty sure that you are, in fact, about to do something stupidly
risky). Find the right attorney, and treat that lawyer as part of your business
team. It is his or her job to advise you on how to manage your legal risks.
They won't go away because you refuse to hire a lawyer at all, or do but then
avoid discussing your business risks with your lawyer. And you won't save
yourself any legal fees that way either.
Linda E. Cummings, Attorney
at Law. For comments or questions, or for other information about how to manage
your business risks, please visit me at
http://msquire.wordpress.com .
Article Source:
ArticleRich.com
<TOP>
Every year, more and more
entrepreneurs experience small business failures. The reasons behind these
seemingly sudden deaths vary. However, these causes are avoidable if you know
how. As early as now, you can take measures to prevent your business from dying
on you.
Read on to learn the causes
of small business failures, and how to prevent them.
Cause # 1: Poor Management
One of the major reasons for
small business failures is poor management. I’ve heard so many stories about
entrepreneurs being too laid-back that they succumb to mediocre management.
A word of advice: Small
businesses may be easier to manage than large multi-national companies, but that
doesn’t mean they don’t need your attention any less.
When you let your guard
down, that’s when you start missing some of the most crucial details. Customer
service disappoints… Your own employees steal from you… Overall quality simply
isn’t worth it anymore. The best thing to do here is to remain dedicated to your
work. Have every minor detail go through you first.
Cause # 2: Poor Location
Starting a business isn’t
just about having the capital to set it up. It’s also about knowing where to put
it up. Lack of careful planning leads to small business failures. For example,
you can’t exactly start an ice cream business in a place that is always cold and
stormy, or in a place where no one eats ice cream at all.
In order to avoid wasting
time and money, make sure you conduct a serious study on the nature of your
business and where it would most likely thrive. Conduct a feasibility study or a
survey. Do everything you can to prepare yourself before the business actually
materializes.
Cause # 3: Poor Marketing
Build it and they will come.
Yeah right; if it’s only that easy. But you can’t just start a business and
expect people to know what it’s all about.
Unless you practice your
marketing chops or at least generate a bit of buzz, don’t expect to be flooded
by customers. In fact, don’t expect to have any customers at all. At most, all
you’ll have is a curious bystander or two. Even word-of-mouth requires you to do
something to get people to talk.
Every business has a
different gimmick to get people to come to them. The most reliable would be to
advertise in the local newspaper or to give out flyers in the street. Others
like to play loud, catchy music to get people to notice them.
With these tips, you don’t
need to fear small business failures. Yours will go on living and growing for a
long time to come.
Want to know the success
secrets of the world's richest business people? Discover the 7 vital traits of
successful entrepreneurs now, and take a FREE quiz to know if you have what it
takes to get rich, at
http://www.expertpersuader.com/successupgrade .
Article Source:
Free-Articles-Zone.com
<TOP>
Home Computer Repair Business - Starting Tips
By
Sergio Ferreira
You are a good candidate for
a home computer repair business if you have above average skills in this area.
Considering the continuous growth of this industry, and the increasing demand
for repair services, you should take advantage of this opportunity. A word of
caution: don't be like many home business entrepreneurs that fail because they
don't take the time to prepare the ground for a successful start.
Home Computer Business
Opportunity
Did you know that sales of
computer services this year are expected to exceed $47 billion and most of that
amount will be on repair services? In today's world, almost everyone you'll
encounter either has a computer at home or at work. Most of them would benefit
from your services because they don't know how to repair a computer, and don't
have the time or desire to solve their computer problems.
When starting a computer
repair business, some of the services you can provide include: repairs, parts,
maintenance, upgrades and software.
Work from Home Computer
Business Steps
Competition Comparison -
Whether you do full time or part time computer work, first you need to get as
much information as you can about your competition. The range of services they
provide, rates, availability, how do they advertise, etc. The more you know, the
easier will be for you to develop your services and outperform your competitors.
Added Value - Try to be
creative and think about some extra services you can offer your customers at
little or no cost to you. You need to create added value in the eyes of your
clients.
Develop Your Own Niche - You
also need to determine what computer services have most demand so you can
specialize in a particular field and have an edge over your competition. If you
plan to remain a one-person operation, the residential market may suit you best.
License, etc. - Once you
decide to start your computer based work at home, you need to get a business
name, a business license and liability insurance.
Keep Up to Date - The
computer industry evolves rapidly, so you need to schedule time for continued
education and training. If your knowledge becomes obsolete, your competition
will push you aside. Visit websites such as CNET and ZDNET to get updates on new
software applications and new technology seminars being offered.
Home Based Computer Business
Plan
Regardless of the business
you wish to start, you need a business plan to keep you focused. If you fail to
plan, you're planning to fail. For a general business plan read "Home Business
Start Up Basics". Among the computer repair books, I highly recommend "Spyware
and Virus Removal Business". It gives you a step by step blueprint to build a
solid and thriving business doing computer repair work.
Remember that people are
entrusting you with their important and personal files stored in their
computers. Treat them with care and professionalism as if they were yours. With
the necessary information and a good business plan you'll be able to enjoy the
benefits and potential of a work at home computer job.
WARNING! - 95% of the online
business opportunities are scams. Don't be the next victim! Get free information
on how to avoid scams and choose the best legitimate business opportunity.
Article Source:
EzineArticles.com
<TOP>
Before You Go Out On Your Own – Conflicts Of
Interest
By
Bryce Whitty
There are
two pieces of advice that are often mentioned here on Technibble. They are:
1. It is a
good idea to get experience while working from someone else before you start
your business.
2. It is a
good idea to build up your client base after hours, until it reaches a point
where your day job is affecting your computer repair business. That way, it’s a
soft slide into the shallow end rather than a jump into the deep end.
Stand alone,
each of these lines are good advice. However, they not good advice if you were
to do both of these at the same time. Let me explain.
This topic
came up when a member on our forums mentioned that he currently works as a
technician for another computer business, while starting up his own computer
business on the side. He was trying to do the right thing by keeping his clients
and his employer’s clients completely separate, so he wasn’t poaching any
clients from his boss. So there shouldn’t be a problem right?
This is what
you would call a “conflict of interest” which is defined as “when an
individual or organization is involved in multiple interests, one of which could
possibly corrupt the motivation for an act in the other”.
While I
highly doubt this forum member would do anything to harm his boss since he
already has taken the moral high ground in keeping the clients separate; the
potential is always there, even if it’s an unconscious decision.
There are
also “insider secrets” that this person could unconsciously. For example, let’s
say that his boss had developed a system where they could always fix computers
in a very short about of time (shorter than most) and was always cheaper than
everyone else. This gives his boss a competitive advantage over everyone else in
the town and since this technician had to made use this system while he was
working for his boss, he is obviously going to remember it. Once this technician
goes out on his own, I doubt he is going to purposely use a slower and less
efficient method to fix computers when he already knows a better way.
Now that
there is a competing technician in town that going to do the exact same thing,
the boss just lost his competitive advantage. This is why working for someone
else as a technician and running your own business on the side is a conflict of
interest.
This
technician would also need to take a look at his work contract to make sure
there is no non-compete clause in there which prevents him from starting up at
all. In order for this technician to do the right thing by his boss, it would be
better for him to quit his job completely before he starts his business to avoid
the conflict of interest – and if his work contract allows it.
So, while
working for someone else to gain experience and building up your business on the
side are good advice separately, they are not good advice when put
together.
About the
author: Bryce Whitty is a Professional Computer Technician who started his
business when he was 17 year old. Bryce writes Technibble articles about
Business How-to's and stories from "the trenches".
Article
Source: Technibble.com
<TOP>
Secrets Of Successful Entrepreneurs: 3 Surefire
Ways To Succeed In Business
By
Michael
Lee
Anybody can be a successful
entrepreneur. Even someone who didn’t finish college or wasn’t born rich can
attain financial success. How do you think these people manage to do it? Simple.
They knew the secrets of successful entrepreneurs and applied them in their
life.
I know that you must be a
little skeptical. If anybody can be successful financially, then why are most
people still in the same place they were five or ten years ago? The answer is
fear.
They are inadvertently
holding themselves back. Are you one of them? Now is the time for you to turn
your life around. Read these secrets of successful entrepreneurs and realize
your dreams.
1) Passion is everything.
A lot of self-made
millionaires are passionate about what they do. Whether it’s making gift baskets
or selling sporting goods, if the passion is there, the money will definitely
follow.
So if you’re thinking of
starting a successful business, better start with what you’re really passionate
about. Sit down with yourself and list down the things you really like. Even if
your passion sounds ridiculous, it wouldn’t be silly anymore after you earn
millions of dollars from it!
2) Planning is a must.
One of the secrets of
successful entrepreneurs is planning. These people eat, drink and breathe
planning. Why? Because if you don’t know how to plan things accordingly, you’re
going to end up wasting your potential and your time. Other people will be able
to trick you into shelling out money, or into making unsound decisions.
If you’re not really a
planning person, then you’re going to have to adjust. Buy yourself an organizer
and commit to it. If it’s not written there, then it’s not happening.
3) Faith will lead the way.
Somewhere down the road, you
might start having doubts about whether this whole thing is such a good idea or
not. This is where faith comes in.
A lot of successful
entrepreneurs have experienced losing direction and not knowing what they should
do next. But they hang on with only their passion, their planning and their
faith.
Soon, something happens that
boosts their business. They regain clarity and direction. This is one of the
reasons why faith is one of the most important secrets of successful
entrepreneurs. Without it, everything else will be for naught.
You already know how the
financially successful live. Now, you also know the secrets of successful
entrepreneurs. I say you’re well on your way towards attaining your goals in
business and life.
Get your FREE access to the
success secrets of the world's richest and most successful business people.
Discover the 7 vital traits of successful entrepreneurs now and take the
self-assessment quiz, audio, and video - for free - at
http://www.expertpersuader.com/successupgrade .
Article Source:
Free-Articles-Zone.com
<TOP>
Small Business Start Up Checklist: 5 Crucial
Steps When Starting A Business
by
Michael
Lee
Every new business needs a
small business start up checklist. This list will not only keep your business
running smoothly, it will also help you have more organization in your company.
As an entrepreneur, you
might want to do things your way, but it can’t hurt to learn a thing or two from
the people who have already gone through the path you’re just about to embark
on.
Below is the small business
start up checklist compiled from different businesses.
1) Create a Business Plan.
A business plan is the heart
and soul of every business. Before starting your business, you first have to
know what you want to happen and how you can make that happen. Nothing spells
disaster more than a business without a concrete plan.
2) Register Your Business
Name.
One of the first things to
tick off in your small business start up checklist would be the name of your
business. You might not think that this is a big deal, but it is one of the
first steps you have to take before you can start operations.
Once you have chosen a name,
register it with the appropriate organization. Make sure to think of two or
three more names just in case the name you want has already been chosen.
3) Meet Legal Requirements.
Starting a business as an
adult is not the same as starting your own lemonade stand when you were in grade
school. Included in the small business start up checklist is meeting legal
requirements.
Now that you want to legally
operate your business, you’re going to have to fill out a few documents and make
whatever arrangements are necessary. This also includes obtaining the
appropriate licenses and permits.
4) Choose a Bank for your
Business.
When starting your own
business, you naturally have to choose a bank to help you with your operations.
You might need the bank when asking for a business loan or when you need to open
a business account.
If you have your own
accountants, it is also advisable that you consult with them regarding the bank
they are most comfortable and familiar with.
5) Create Risk Management.
You have to be ready for
emergencies. In case plan A doesn’t work, be sure to have plans B, C and even D
lined up. What are you going to do when your business doesn’t skyrocket as you
predicted? How are you going to deal with a security breach?
Risk management depends a
lot on the type of business you want to have. However, be sure to consider
insurance, backup systems and security systems, just to name a few.
A small business start up
checklist is mainly composed of all these things. However, it is also important
for you to be meticulous. Nothing is too small to take notice of when it comes
to running your own business. Your business may still be small now; but given
the right management, it will soon grow to be large and prosperous.
Get your FREE access to the
success secrets of the world's richest and most successful business people.
Discover the 7 vital traits of successful entrepreneurs now and take the
self-assessment quiz, audio, and video - for free - at
http://www.expertpersuader.com/successupgrade.
Article Source:
Free-Articles-Zone.com
<TOP>
By
Bill
Nadraszky
Starting a
computer support business is something that with some experience and training
almost anyone can do. As a person owning an independent computer support
business as well as a website to help others that support home users I thought
it would be nice to point out the steps needed to start a business helping home
computer users as well as some of the skills needed to get started.
There are
four steps to getting the business started.
Business license
Every area
is different but the legal aspect is always important and lends credibility to
your business. Get your business license and also get insurance in case
something goes terribly wrong, like lost business data that gets pinned on you.
Business cards
Of course
you need some kind of a calling card. I know a small businessman who years back
worked out that his business increased $1 per month for every business card he
gave out. Go to Staples or Office depot as they have low prices for 500 or 1000
cards with some customization.
Flyers
The bulk
of your business will come from flyers that you post up in various places. Put
up flyers wherever possible. I have gone to supermarkets, bulletin boards at
large businesses as well as small and Real Estate and mortgage offices. Your
best success will come in offices where a lot of independent people work with
their main computer being at home not supported at their work.
Computer software
There is
no way around this. Over time you will find great software for diagnosing
problems as well as for fixing problems. Two of my favorite CDs for support are
the Ultimate Boot Disk as well as the Windows Ultimate Boot Disk. Both of these
are free CDs to download and include a great many pieces of freeware that will
help you out. These two Cds are self booting which is nice but you may also
create a disk over time that has software you can run right out of Windows.
Website
A website
is critical. You do not need something really slick but you do need a site for
marketing as well as so that people can contact you or direct others to contact
you. The basic info on the site should be your email, phone number, services you
offer and maybe a menu of services that you offer. You will find that you do not
have to prove how much better you are than everyone else because word of mouth
can move very quickly.
There are
also some skills that are very important to have to get your business started:
Strong windows skills
This can
not be overstated. The person that has a strong knowledge of how the various
parts of Windows work is the one that can diagnose and fix the problem fastest.
Although you want to have a lot of billable hours you want to be sure that you
are not fiddling around looking for a fix as your clients will lose confidence
in your ability and you will feel bad about taking so long to fix a problem.
Keep up with great message boards like the ones at www.neowin.net, as well as
others that have a lot of fixes. Also it is important to know the Windows boot
process and how the local group policy works. I hate to say it but I have
learned more from supporting my mom's computer over the years for free than I
have learned from my own machines because she is not nearly as careful as I am
in operating a computer. Remember that most users are not going to have any idea
how their computer broke so your own probing questions are often better than
just diving straight in and troubleshooting. Lastly know what each of the
processes does on a running PC and have a good feel for what to make of errors
in the error logs of the machine, these are always invaluable. You can get
diagnosis of errors from the logs at www.eventid.net .
Virus knowledge
Keep up
with the latest viruses and how they are affecting computers. A very small
number of viruses account for a great percentage of the infections out there and
once you isolate how a virus has wreaked havoc the faster you can get rid of it
and get the machine up and running properly again. I use www.sarc.com as well as
the Internet Storm Center for this kind of information. When you get a customer
set up with anti virus pick a favorite like Norton or McAfee instead of a free
virus scanner so that the user does not have you to blame if they get reinfected
by viruses. Use good quality control by setting up a realistic upgrade and
weekly scan schedule based on the user's computer habits.
Spyware knowledge
This is a
really tough one. I keep up with spyware just by searching on the net and trying
to find the resources that people are using to get rid of spyware. Also as you
use products, especially free ones for fixing PCs like adaware or Spybot you
will get a good chance to see what people are getting infected with regularly. I
used to see Bonzi buddy a lot but now it is more aggressive spyware that forces
you to fix in safe mode as you lose your regedit. Whenever you are getting a
customer up and running though it is a best practice to have them use Spyware
Nuker or one of the other pay products instead as then you do not have to worry
about being the only point of failure if a computer gets reinfected.
Registry knowledge
No one
expects you to know the registry inside and out but be sure that you are very
proficient with the current user and local machine hives of the registry as that
is the most customizable portion of the registry. Also take note of keys that
are being affected by various spyware and viruses. Quite often I will find
unasked for extras in the filesystem that stop me from using the regedit command
but I have had luck using regedt32 or going into the registry from safe mode.
Again the better you know the registry the better off you will be when fixing
problems.
Hardware knowledge
I have an
A+ certification from years back and I am sure that this gave me a great
grounding as hardware has changed over the years. You have to be able to at
minimum be able to build a PC from scratch as this will give you knowledge of
each component of the computer, teach you about BIOS upgrades and drivers and
where to find them. There are so many sites on the internet which specialize in
each component of a PC that Google will be your best bet for finding
information. Another great resource is Maximum PC as they always have up to the
minute news on cutting edge hardware as well as software. A couple of good sites
that I frequent are www.tomshardware.com and www.lockergnome.com
Staying up to date with the latest news
This one
should go without saying. One of the best ways to start a day in my eyes is to
use my Maxthon browser add-on (I know I should have converted to Firefox already
but no I haven't!) and open up www.neowin.net www.activewin.com www.pcmag.com
www.wired.com www.cnet.com www.incidents.org www.internettrafficreport.com
Marketing
One thing
that I have only touched on so far is marketing. After you have the skills down
the most important thing you can do is market your business. There are a few
things besides flyers. You can do sneaky things like leave a couple of cards at
the local bookstore in the computer section, send support type articles to the
local newspaper and hope to get them published, and finally strike up computer
conversations in the line at the local grocery store. In the more mainstream
marketing methods you should join the local chamber of commerce, volunteer to do
computer work with local charities, put ads in any local newspapers especially
the free ones, and be sure to get together with other people in the industry
Bill
Nadraszky is a computer tech support technician and runs a web site for those
support home as well as business users at
Computer Tech Tips
Article
Source:
EzineArticles.com
<TOP>
As lenders tighten their credit restrictions,
entrepreneurs are frustrated that traditional
sources of small business funding are disappearing.
Money is still out there but it requires more than
just consulting with bookkeeping services to prepare
a quick business plan and applying for a loan at
your local bank. Business owners need to find
funding designed for their unique business
situation.
Patriot Express Loans for Veterans
One source of small business funding that is helping
military veterans and reservists is the Patriot
Express (PX) loan guaranty from the Small Business
Administration (SBA).
The SBA began offering PX loans as a pilot program
in order to provide funding to military service
veterans and their families. The loans are available
to veterans, reservists, National Guard members, or
active service personnel nearing discharge. They are
also available to the spouses of any of these people
or the widowed spouse of a veteran or service member
who died while serving.
These loans carry exceptional features including the
fastest turnaround times and lowest interest rates
of any SBA loans. Eligible veterans should work with
their bookkeeping services to determine how much of
a loan they will need for their business startup,
expansion or other related expense.
Venture Capitalist Investment
If you are currently running your business out of
your living room and it has the potential to really
take off, securing venture capitalist funding may be
an excellent alternative to traditional loans. This
type of start-up funding is often given in the very
early stages of a business when there is not much
credit history established. After reviewing your
bookkeeping services, venture capital firms base
their decisions on your business plan, management
and projected growth.
It is important to work with your bookeeping
services company to research and target venture
capital firms that you feel comfortable with. After
all, they are not just loaning you money, they are
purchasing a stake in your business and will
essentially become a partner moving forward.
Traditional Small Business Loans
Just because small business loans are harder to
receive does not mean they are not worth
considering. For many businesses, securing a
traditional loan is the key to their expansion and
overall growth. Bookkeeping services companies
suggest that you begin establishing business credit
immediately if you think you are going to need a
small business loan in the near future.
Even with poor personal credit, business owners can
build up their business credit by properly managing
credit cards in their business's name, leases and
other large credit items. Bookkeeping services often
recommend getting a tax ID and proper legal name for
your business to ensure you are completely separate
from your personal social security number. After a
few months of building credit, you should qualify
for a small loan - and when managed properly, small
loans turn into large ones.
Author is a freelance copywriter. For more
information on bookkeeping services, visit
http://www.OSIBusinessServices.com/ .
Article Source:
ArticleRich.com
<TOP>
Who says it's
only the men who can mess with gadgets..... Many
moms are now turning to this business idea when they
choose to work at home. In this article, we will try
to understand why this occupation is currently
popular among the self employed and what you need to
do if you want to start this business.
Today, we just
can't do without computers. Even if they can't
replace the human psyche, computers have an
overwhelming presence in our daily work lives,
whether it's in an office environment or in a
manufacturing plant. But the computer is manmade,
let's not forget. To err is human, so it's no
surprise that computers also go bust every now and
then. When it comes to business people, a
malfunctioning computer can spell disaster. Quick
solutions are a must, so that deadlines are met and
clients (and bosses!) are kept happy. Need we say
more why computer repair and maintenance ranks as
one of the best home based business ideas?
Do you speak
the language of computers? Are you comfortable with
motherboards, hard drives and memory chips? Do you
understand computers better than you do humans
sometimes? Then this is right up your road. The
demand for computer repair personnel will never
wane-not in the foreseeable future anyway. The
startup costs can be between $ 2500 to about $
10,000, depending on the depth of the business. If
you want to take it part time, there's no need to
spend a lot of money but if you want to get serious
and put a maximum effort, some extra investing can't
hurt. The market for computers and their peripheral
cousins is growing fast.
Apart from the
'job security', this occupation gives you immense
satisfaction because your work will be appreciated.
Offices report that defunct computers lead to a high
level of stress and sometimes even panic. So by
repairing man's new best friend, you'll not only
heal the machine but its owner/operator as well.
You'll have to
decide whether you want to go out to clients' homes
or officer with your tools or get them to come to
you. The former will definitely get you more clients
because time is one thing busy people will gladly
pay for. Whether it's repair or maintenance, you
will earn a good pay, because as far as people see
it, your work is indispensable. Preventive
maintenance, such as dusting and cleaning disk
drives can earn you a tidy sum on a biannual or
quarterly basis, as per your work schedule.
To get your
name around, print out tech-friendly business cards
and leave them at computer retailers. You may want
to make some friends with software retailers too.
Ask a friend (whose computer you have fixed) to
write a review and send it to the local newspaper.
You can offer to do a few free test fixes before
pricing your services.
Make sure your
tools are in good order. Apart from a computer, you
need to have screwdrivers to open up hard drives,
disc cleaning material, diagnostic software, spare
parts and some fix-it-yourself manuals. Your state
law may dictate the need for a license or permit for
starting a computer repair and maintenance business,
so check those particulars first of all.
Bizymoms.com has been dedicated to helping moms
work at home for over 10 years. Visit today to enjoy
free resources which include, interactive message
boards, informative articles, career kits and of
course help and advice from the
Bizymoms' Home Business Support Team!
Article Source:
EzineArticles.com
<TOP>
Seven Steps to Prosperity: Starting
Your Own Computer Services Business
by
Rick Parrott, MCP
Self employment has increased over 12.2 million
people according to a study on the Small Business
Administration website. Would you like to join them
and start your own small business?
You can, it’s really a simple process.
1.
The first step is the hardest. Convincing your inner
critic that you can succeed on your own, without a
steady paycheck. This inner critic needs to be tamed
and shown its error. You do this by educating
yourself. Study everything you can find on your
chosen path.
2.
Next you will have to prepare yourself to succeed.
Make sure that you have the means to support
yourself for at least six months, a year is better.
3.
While you are accumulating your living expenses and
operating capital, start your market survey. A
market survey will help you determine if there is
indeed a market for your services. It will also tell
you how to market your services and how much to
charge.
4.
After completing your market survey, it’s time to
tackle your business plan. This is an important step
because it determines the future direction of your
business.
5.
Once you have completed both the market survey and
your business plan, you need to develop a marketing
plan. This is your most important step. Without
customers you have a hobby, not a business.
6.
In this step, you execute your business and
marketing plans. Careful sustained marketing will
generate a constant trickle of new customers for
your business to grow on.
7.
Give your customers the absolutely best customer
service they have ever received, and watch your
business take off.
You can use your computer skills to create a better
life for you and your family. You don’t need the
skills of a super geek, just determination, desire
and persistence.
Do you have what it takes?
_____
Article Source:
Amazines.com
<TOP>
Small Business Startup-10
Steps for Practicing Good Business Fundamentals
by
Bruce Hunter
The "Business of Business" has ten fundamentals
that if
perfected will help improve your chances for
success. Athletes
have coaches, fans, press, and opponents to quickly
remind them
when they slip in their sport's fundamentals.
Business owners
have customers, employees, shareholders/investors,
and
competitors to remind them when they ignore their
industry's
fundamentals.
The game of business is pretty simple in its most
basic form. A
24 hour, credit card only, drive up gas station
versus a 24 hour
full service, additional services for truckers,
restaurant,
convenience and tourist store, franchised gas
station. The core
business for both is the selling of gas to
customers. The
additional services, benefits to employees, customer
niches,
variety of items in inventory, types of investors,
etc. all add
layers of complexity.
Complexity is neither good or bad it is just more
difficult to
manage. Watch the news and you will hear about
businesses
restructuring to get back to their core business
because they
have lost their identity in the marketplace.
A client of mine, called me in to help him sell his
business.
When I asked why? He explained that he was
dissatisfied and
unhappy coming to work. As we talked further, we
discovered that
only part of the business was the source of the
unhappiness -
sod. The core business was trees, shrubs, and
indoor-outdoor
plants. He got into sod when a customer asked if he
could get
some for his yard. While the sod stood in the
parking lot for
the customer to pick up, other customers asked if
they could buy
some sod too. Each year for the next 5 years the
amount of semi
loads of sod increased till sod became a major part
of his
business. What started out as a goodwill gesture for
a customer
became a dirty, unsatisfying, unhappy part of his
business. He
wanted out! Luckily, our conversation allowed us to
clarify what
needed to be sold. We spun off the sod business to
an employee
wanting to work in the sod business. My client got
back to his
core business and a happier state of mind.
The list below contains some of the general business
fundamentals. It's a good starting point for you to
brainstorm
with and identify specific fundamentals for your
business.
1. Understand what your core business is in its most
simple
form. Knowing the costs and margins of the core
allow you to
determine the costs and benefits for the add-ons to
the core.
Complexity costs more and should reward more.
2. Understand the layers of complexity you are
adding to the
core and who is benefiting from these. 3. Pick 5 to
7 areas of
your business that are critical to your success and
track them.
The old adage "that which is measured and tracked
improves" is
true. Create benchmarks and a culture that
continually strives
to improve. The summary report is often called a
business
dashboard.
4. Establish "Win-Win" relationships with your
customers. Any
customer who wants to bleed you dry, refer to your
competition.
This is easy to say and hard to do.
5. Pay attention to details within the process of
delivering
your solution to the customer. Attention to detail
is usually
what we tip on, your profit margin is your tip. This
is not
about being perfect, it is about having a great
relationship
with your customers.
6. Keep your prospecting funnel full. Be Proactive
not Reactive.
Always keep your eyes peeled for your next customer.
Determine
how much time and resources are needed each week to
keep your
business busy. It's a very bad feeling when you
don't know what
prospecting activity fills the funnel but you have
to cut back
on your prospecting activities.
7. Each week take a half day to Work On Your
Business versus
Working In Your Business. Working On your business
includes
thinking about, what are the trends within my
industry, how does
my pricing compare to my competitions, what kind of
technology
innovations are available, is my business structured
properly,
what is going on in my community, am I missing
opportunities, is
the business on goal for my 5 Year Plan, etc.
8. Know the financial health of your business.
Depending on your
business cycle you should have daily, weekly, or
monthly report.
One of my clients uses her payroll periods for
updates. Labor is
her critical resource and knowing after each pay
period where
her projects are is important to knowing the health
of her
business. Pick 5 to 7 financial items to track your
success.
Benchmark these with your goals and budgets. Develop
similar
items for your supervisors.
9. When hiring, choose someone who will help your
business grow.
If possible, hire someone who is better at a task
than you.
Compensation should include an element of
performance pay either
individually or as a company. Raises based upon
ongoing
employment can create two problems. The first is you
will have a
tendency to underpay at the beginning and overpay
towards the
end of employment. Leaving only the middle half to
third of
employment where compensation matches performance. A
pay for
time served strategy will not allow you to recruit
and hire the
best. Think less time-line and more share the
business benefit
as it happens. If an employee works extra to expand
a customer's
business with you, know what she would want as a
thank-you.
Performance based compensation requires you to know
your
margins, which is not a bad thing.
10. Work on your management and leadership skills.
Remember, the
hat you wear most as owner is that of
manager/leader. These
areas include time, prioritization, decision-making,
people
skills, vision for business, presentation of self
and business,
and community involvement. There are many books out
there in
these areas. Find a mentor (does not have to be in
your
industry) who is willing to talk with you about the
above.
About the author:
Bruce Hunter is a columnist for
CORE
Magazine in Colorado.
CORE is the leading online source for
new small business startup. For financial
assistance, visit our
small business finance section.
Article Source:
GoArticles.com
<TOP>
How To Start A Computer Consulting Business
By:
David Gass
To start a
computer consulting business, first you should have
the preliminary knowledge of computer systems. Other
important requirements to start a computer
consulting business are powerful problem solving
skills and of course an inner feeling of helping the
people in difficulty. Here are some useful tips to
starting computer-consulting business.
Make Survey Regarding Prospective Clients
Make a survey of the potential clients living near
your office. You should be able to reach them within
an hour or so. This is a very important factor,
particularly from the point of networking services.
Also, gather information regarding the number of
computers the prospective customers own. Ideally,
you should start with the clients having between 10
and 50 computers. Talking in terms of the annual
turn over, the client should have annual sales
between $1 million and $10 million.
The Client Should Be Serious About IT Requirements
Before you start computer consulting for clients
make sure you know how serious they are about the
information technology.Prospective customers, who do
not have their own dedicated server and are
accessing the Internet using dial up lines, are not
suitable for consultation. However, those who are
interested in focusing more on their IT requirements
are definitely ideal clients.
Far Better Than Traditional IT Jobs
Being a computer consultant is definitely more
rewarding than joining a traditional job in any IT
company. In traditional IT jobs, there are several
hurdles in the progress that are not under your
control. For example, you may not grow as fast as
you deserve because of incompetent colleagues, dull
management, and a system where seniors get the
priority whether they are competent or not. On the
contrary, when you start a computer consulting
business these things comes under your control. For
example, if your colleague is not able to keep pace
with you then you are always free to part with that
colleague and invite someone better. So, if you have
the talent and ambition, no one can stop your income
from skyrocketing.
Increasing Scope
The scope for the computer consulting business is
increasing with the growth of information
technology. It is very difficult to run any business
today without using computers. Almost any business
organization is looking for some kind of help
regarding computers. You also have the option of
whether you want to become an outsource consultant
or internal employee. Either way you are choosing a
winning career with bright chances of success and
profitability. Furthermore, the computer technology
is changing at a very fast rate. This fast change is
also creating new and better opportunities for the
computer consulting business.
Explains how
best to begin your own computer consulting business.
David Gass is
President of Business Credit Services, Inc. His
company publishes a free weekly e-newsletter on
Small Business Consulting at their web site
http://www.smallbusinessconsulting.com.
Article Source:
BylamoArticles.com
<TOP>
Is
The Computer Repair Business Dead?
by
Joe Duchesne
Computer repairs
are being done by computer novices at a higher rate
than ever before. More and more people do their own
computer repairs. Whether it is installing a hard
drive or installing an operating system. Is the
computer repair business dead?
The computer
industry is evolving. It is always changing. In
fact, if there is one thing that is sure in the
computer repair industry it's that change is going
to happen. Companies like Microsoft have gone out of
their way to make their products as easy to use as
possible. Where does that leave the computer repair
business? What can you do to stay in business and be
competitive?
Offer outstanding
customer service. Look for different ways to package
your services. Take the time to research your
competition. What could you offer that no one else
is offering? One area that matters to your customer
is time. Are you in a position to guarantee fast
computer repairs? Maybe a same day repair service?
Think about how you can take care of your customer
while they wait. You could create a comfortable
waiting area for them with good reading material,
free coffee, computers with internet access or
something similar. Don't be afraid to get creative.
Think outside the box.
Keep your prices
reasonable without under or overcharging. When
pricing your services, it is generally a good idea
to go with the industry average for your area. If
you offer something unusual like same day repairs,
you could charge more money. On the other hand, if
you charge the same as everyone else but get the
computer repair done quickly, this can easily result
in an increase in business.
Don't overcharge
for computer parts. Most customers are price savvy.
If you are charging a premium for the computer parts
you install over what other places are charging, you
will most likely find your customer base dwindling.
Here again, the industry average is your friend.
Find out what your competitors are charging for
general computer parts and look to stick around
that. Getting known as the most expensive place in
town won't exactly help business.
Whatever you do,
treat your customer with respect and you'll have
more business than you can handle. Is the computer
repair business dead? I don't think so. It's simply
evolving.
Joe Duchesne is
webmaster of
http://www.greatcomputerinfo.com
specializing in computer repair topics including
computer repair business topics. Reprint
freely but keep the live link in this resource box.
Article Source:
http://www.submityournewarticle.com
<TOP>
Computer Repair Franchises: Buying an Existing
Business
By
Joshua Feinberg
Existing computer
repair franchises are typically available
immediately and are a good option for professionals
looking to start a new business in the computer
industry. Before deciding to buy a completely new
franchise or an existing computer repair franchise,
as a prospective business owner you must learn about
all the issues involved in buying existing
franchises so you don't risk being surprised by the
unexpected down the line.
Advantages of
Existing Computer Repair Franchises
Computer repair
franchises already in existence already have an
established performance history. Because of this,
you don't have to spend precious time evaluating
business potential and can focus on looking at
actual earnings. The franchises you want to buy
will have a good reputation in their communities and
already have loyal clients.
When you buy
existing computer repair franchises, you also don't
have to worry about finding a location, negotiating
a lease or stocking your store with equipment.
Similarly, there is no need to hire new employees
because the business already has a well-trained
staff. With many elements already in place, buying
an existing franchise will help you start business
much more quickly.
Disadvantages of
Existing Computer Repair Franchises
You should
investigate an existing franchise before you buy
it. Why is the franchisee leaving? If it is for
reasons other than retirement, a career change or
other issues of that nature, the franchise might not
be worth the investment. Perhaps the location isn't
making money anymore. Regardless, thorough
investigation is necessary.
As a prospective
owner, you need to look through all renewals.
Sometimes your purchase will only be good for the
remaining time on the agreement while other
franchises offer new renewals. Also look at lease
renewals to make sure they will be renegotiable when
your time is up.
Considering
advantages and disadvantages of purchasing existing
computer repair franchises will help you make the
right decision about whether to buy them. They can
be good investments if they are profitable and have
a good reputation.
Copyright
MMI-MMVII, Small Business Computer Consulting .com.
All Worldwide Rights Reserved. {Attention
Publishers: Live hyperlink in author resource box
required for copyright compliance}
Joshua Feinberg
helps small business computer consulting firms get
more steady, high-paying clients. Learn how you can
too. Sign-up now for your free access to a one-hour
audio training program on
Small Business Computer Consulting Tips.
Article Source:
EzineArticles.com
<TOP>
Computer Repair Technician Jobs – Or Hire Yourself!
by John Dow
The good news about computer repair technician jobs
is that technology is always changing and will
require highly skilled people to provide support and
service. The bad news is that the IT department is a
high cost administrative area that is a slow moving
target for budget cuts.
Most IT departments expand or contact based on the
projects and technology desired or even required by
any given company. There are very good times and
very bad times for most computer repair technicians.
I know, I've been in the Computer Repair business
both as a contractor, self-employed or even as a
fulltime employee for over 30 years.
The best way to deal with these up and downs in
available work is to have a solid fall back plan
that allows you to prosper in either situation.
Computer Repair is a huge market in both commercial
and individual areas.
Computers break, software confuses and disorients
many people. That's a fact. Although the user
interfaces are becoming more friendly, the
technology necessary to make them work is getting
more and more complex. Throw in the Wild West style
of the Internet and you have a perfect scenario for
someone with the proper skills to make money full or
part time.
But where most "techies" get into trouble is in both
the day-to-day business requirements and selling and
marketing their services. People skills are also
important when running your own company. If you
watch any movie about computers and software, and
the folks who really understand them, they paint a
pretty sad picture of the individuals involved.
It's not quite that bad, but there are many facets
that are true. Large IT departments often have an
attitude that they are smart and everyone else is
dumb. This type of environment is not a good
training ground for the self-employed. In fact, it's
not a good thing for anyone, the department or the
clients they serve.
Never the less, that less than good attitude is
there and predominate. I was fortunate early on in
my career to have a mentor who truly understood the
fact that the only reason the IT department exists
is to serve the rest of the company. Many IT folks
never get that salient fact.
The successful computer repair business owner must
know how to sell and market their services to both
individuals and small business owners. They should
also have some good people skills, because every
computer has an operator. And many of the common
computer repairs have to do with the individual
between the chair and the keyboard.
Doing freelance computer repair work can be very
profitable on both a part or full time basis. You're
selling knowledge and time for the most part.
Sometimes hardware is involved but over half the
service calls have to do with software,
configuration, and problem solving.
So no matter what the computer repair technician
jobs situation is, you can supplement or even
replace your income by selling your self. The tax
benefits alone can be a huge advantage. Being
somewhat of a geek myself, I love being able to buy
the high tech toys and getting to take a deduction
since most items directly apply to my job.
So with the addition of a few new skills (business
marketing and people), any computer repair
technician can make some good money part or
fulltime. So what kind of money is possible doing
computer repair work?
Well, lets say you want to start out slow and just
make some extra money for a great vacation, new toy,
or college tuition for the kids. If you just do
about 10-12 hours of part time work a month, only
charge minimal amount ($50 an hour instead of the
going $75), you can make an extra $7200 a year.
Maybe you save another $2-$4K in taxes, which gives
you another $1,000 cash. So that's quite a little
jolt to the household budget for whatever. And if
you should get a pink slip, for whatever reason, you
could even crank up the part-time business to help
fill the gap.
Of course the trick is acquiring those new skills.
That's where I might be able to help you out. Like I
mentioned earlier, I've been in the computer repair
business for a long time. During those fun filled
years I've developed both marketing and business
practices directly related to the computer repair
business.
I've compiled all the information into one big
package that teaches and provides many marketing and
business operating tools. Everything from a basic
website, to software, and even marketing materials.
This is not some general business guide. Every piece
of information, every software tool, and marketing
piece applies to a computer repair business.
And all of the material has proven to be successful
in own computer repair business. There is no theory
here, just proven successful methods I use everyday.
If you want ot find out more, click on the link
below.
So if you are looking for computer repair technician
jobs, you might want to consider hiring yourself. I
don't know of any other business that you can start
for less money or has a larger target audience.
John Dow owns
www.jdwebworks.com, a website that specializes
in computer troubleshooting, repair, and website
design. Click here to learn more about:
Start Your Own Computer Repair Business
Article Source:
GoArticles.com
<TOP>
By
Dr. Alex Rich
When the
conversation turned to cool businesses that one
could work from home the topic turned to starting a
home computer repair business.
As my wife and I
have had many such chats over the years this one
started out as just a routine brainstorming
conversation. Then I Googled the idea and things
changed.
I found out that
up to 95% of all Windows computers currently online
are plagued with data-mining, offline ad pop-ups,
something called parasites, trojans, dialers,
browser hijackers and lots of stuff even meaner
sounding than viruses.
According to
Earthlink, “the spyware and virus problems are
getting worse instead of better. Problems with
locked up computers are more common and over 225
million computers are infected.”
I decided to start
a casual survey of my friends. I gave myself a very
low key goal of 3 to 5 months to complete the
project. I didn't want to appear too pushy or
obvious. All I asked was one question and the rest
of my presentation took a natural course from that
point.
My conversation
would begin casually and end with....have you
noticed your computer is acting funny?
Most often the
response would be, “sort of. It takes longer to boot
up and I get so many pop-ups even with a pop-up
blocker, it makes me sick.”
My next strategy
is to say, well the same thing was happening to me
and just about all of my friends. I decided to buy a
kit to clean out viruses, some nasty worms, and some
stuff that's hard to pronounce. I always get a laugh
with that line. Then I continue.
“Most of the time
I just charge for the program I use for each
computer which is about 20 bucks. I’ll take a look
at your’s some time, just let me know when.
8 times out of 10
I make an appointment on the spot. Even though I’ve
only done this about a dozen times, I’ve banked
$600. This mostly because I’m getting referrals, one
of which was a small accountant’s office just before
the tax season started.
I’ve always
maintained a private coaching practice so the money
is not the main idea behind my project. I wanted to
see if what I read had any value. It appears to be a
true opportunity that can only get bigger.
USA Today reported
recently that, “By the turn of the millennium,
unparalleled growth in computer and Internet usage
resulted in a $300 billion computer service market,
comparable in size only to the home improvement
market!
This sector of the
computer industry is now experiencing double-digit
growth, and is projected to continue doing so for
the foreseeable future." This was based on industry
studies by Ziff-Davis.
If I ever decide
to retire from coaching, I’ll have no problem moving
into a computer home business.
I recently found a
great little company that has designed a complete
home computer repair package. If you know how to
setup an internet connection on your computer, and
access the add/remove programs in the control panel,
you can do this.
What’s even better
about this is my personal experience indicates you
can pocket a day’s pay in less than a day.
Alex Rich, Ph.D.
is a published author, hypnotherapist and personal
coach.
Alex spends his
days coaching and his nights writing articles on a
variety of subjects. Read about his latest home
business find at
http://www.tinyurl.com/2okd8h
Article Source:
Free-Articles-Zone.com
<TOP>
You have a passion for working on a computer and you like
fixing computer problems. Time to open your own computer repair business right?
Well... Make sure you have good answers for the following questions.
How badly do you want it? Starting a business is not for
the faint of heart. You'll work lots of hours for lots of months before you'll
be making a good living. You'll also have to go out and make lots of sales calls
and endure some less than nice people in the process. If you have the stomach
and the guts to push through that, you are on the right path, read on.
Once you've determined that you are serious about this
business thing, you'll need to make sure you have enough money to do it right.
Remember that most people underestimate the amount of money it will take to run
a business. It's easy to think that you won't need much but consider some basic
costs. You'll need some money for computer parts. You'll most likely need either
a cell phone and a landline phone or both. You'll need to consider expenses like
gas for your vehicle and some advertising expenses that will cover at least a
basic form of advertising like flyers and the yellow pages.
Consider the tools you'll need as well. Things like some
screwdrivers, some extra parts like some extra computer cases, computer screws,
magnifying glass, flashlight, duct tape, overalls, business cards, and a
carrying case to name a few items. There is nothing worse than not having the
tools you need to do business. Not only will you lose time, you could also
potentially lose the respect of your customer. This in turn can lead to either
loosing their business or at the very least making it less likely they'll refer
more business your way.
Joe Duchesne is webmaster of
GreatComputerInfo.com
specializing in computer repair topics including computer repair business
related topics. Reprint freely but keep the live link in this resource box.
Article Source:
http://www.articlerich.com
<TOP>
Super Tricks For Buying A Small Business
by
melvin polatnick
You
have just bought a beverage vending machine from the
manufacturer that cost you two thousand dollars. The
next day a salesman arrives at your home claiming
that he can find a location for the vending machine
that will earn you two thousand dollars per month.
But he wants you to give him five thousand dollars
now for his efforts in advance. He is willing to
give you a written guarantee that if at the end of
six months you are not completely satisfied with the
machines earnings your money will be fully refunded.
No questions asked. That sounds like a good deal to
an inexperienced person, but it is a scam.
Nobody including the salesman can predict what that
vending machine will earn once it is on location. If
he was sure that it would earn that much he would
quit his job and go into the vending business
himself. His guarantee is worthless because all
companies that offer to find locations for vending
machines have no assets. They thrive only on broken
promises. At the end of six months when your machine
is earning next to nothing the salesman and his
company will be gone.
A
golden rule to follow when buying a small business
is never believe a seller when they speak about
future earnings potential, because that is
impossible to predict. If the seller believed the
business had great earnings potential, the business
would not be sold at the present time. But if you
want to take a gamble hoping that the business you
are buying has potential that is fine. Never pay the
seller for earnings potential because it is an
imaginary concept and it is worthless.
Before you buy a business have their books checked
by a qualified accountant with experience in the
type of business you are buying. You must be sure of
what the earnings are because that is what you are
paying for. Nothing else is more important. Be wary
of being told that there is untaxed income from the
business that the seller is hiding from the
government. If you count on that to pay off your
notes and it is not there you will go broke.
A
person selling a business has a tremendous advantage
over the buyer. The seller knows the business and
believes he is making a wise move. The buyer knows
only what he sees and most likely is overlooking the
vulnerabilities of what is being bought. Even if the
business is a sound one, and the price you are
paying is too high, you have a big problem. If you
can’t meet the notes the business will have to be
returned to its former owner with you taking a big
loss. Some owners are happy to see that happen
because now they can look for another sucker.
Once you buy the business it is up to you to improve
its earnings, because if you don’t the notes you are
paying leaves you with very little. That means that
you must be a better businessman than the former
owner. If you are better, you have bought a good
business. Melpol
Article Source:
Amazines.com
<TOP>
Starting a new
business is difficult. Customers don’t typically
come calling on you right away. Everyone starts
somewhere and not all of your first clients will be
long term, sweet spot clients.
Starting a new
business means you don’t have your business
foundation completed yet. At first you need to get
clients - any clients. These are called
stepping-stone clients. They are what will bring in
your early revenue. You also need to start
acquiring positive business testimonials. Again, you
need steppingstone clients for this.
Six months after
starting a new business is when you can start to get
more selective. Earlier than that your accounts
will typically be smaller than you would like.
That’s ok because you need to be confident that when
you are starting a new business these smaller
clients will eventually be replaced by your ideal,
sweet-spot clients.
Types of work to
expect when starting a new business include:
LAN audits
MCSC tutoring
Training seminars
Small peer to peer
jobs
Upgrades
PC tune-ups
Light web site
design
Optimization and
troubleshooting
When you’re
starting a new business your personal and business
network are critical. These contacts will be the
ones who will refer you to small jobs. As you
complete these small jobs word will spread about
your services. Not long after starting a new
business and finishing these types jobs, more
referral business will start flowing in.
Bottom Line on
Starting A New Business
You can’t afford
to ignore any business when starting a new
business. You also can’t get discouraged. Starting
a new business is an exercise in patience and
diligence. You never know where one of your small
jobs might lead you. There is lots of time to be
selective with your clients - starting a new
business is not the time.
Copyright
MMI-MMVII, Small Business Computer Consulting .com.
All Worldwide Rights Reserved. {Attention
Publishers: Live hyperlink in author resource box
required for copyright compliance}
Joshua Feinberg
helps small business computer consulting firms get
more steady high-paying clients. Sign-up now for
Joshua’s free one-hour audio training on Small
Business Computer Consulting secrets at
http://www.SmallBusinessComputerConsulting.com
Article Source:
ArticleRich.com
<TOP>
The
Many Advantages of Franchising
by
akhil shahani
So, what are the advantages of franchising? Bet
you’ll give a serious thought to buying a franchise
after reading this bit.
It’s all about money, honey : Funding is the first
thing that strikes you when you think of setting up
a business, right? But franchising will ease your
pain. One of the most important advantages of
franchising is that financing is often available
from the franchisor. You might only have to pay an
upfront fee going up to a few thousand dollars and
an on-going royalty based on the gross sales of your
business.
Your place or mine: If you already own a commercial
property, this is a great opportunity to put it to
good use. This will help you secure the returns on
your investment and also avoid fluctuations in real
estate expenses. However, should you need to lease a
property, then another advantage of franchising is
that you’ll probably not have trouble finding a
suitable landlord.
Hit the ground running: If you’re taking a
franchise of an established brand, then you don’t
have to wait long before the returns kick in. Since
the products or services are already known to
customers, you’re spared the pain of building the
brand from scratch. Instead, focus those energies on
building reputation and a loyal customer base.
It’s all in the name: A strong brand identity gets
things moving faster and provides credibility that
is vital to success. This is arguably one of the
biggest advantages of franchising – that you have
the right to use the brand name and trade marks of
the franchisor, which saves you thousands of
precious marketing dollars.
Hold hands: Remember Hamburger University? A strong
franchise brand will invest in supporting it’s
franchisees. An efficient trouble shooting service
to help anticipate problems and handle the
unexpected situation is one example. Regular
training and retraining programmes to update you on
products, services and market trends is another
indicator of the franchisor’s commitment.
No screw-ups: Another huge advantage of franchising
is that you don’t have to make your own mistakes to
learn! Bank on the collective experience of the
franchisor and other franchisees to avoid those
classic pitfalls.
Kissing it g’bye: We’re saving the best for last!
If ever you decide you want out, chances are you’ll
probably find a lot of people willing to buy an
on-going business. And that’s an advantage of
franchising that you simply can’t ignore.
While the advantages of franchising are many, be
sure to cover all the bases. Assess your interests,
strengths and weaknesses beforehand. Think carefully
about the kind of business you want to be in. While
buying a franchise reduces your risks, you will face
other challenges, least of which is successfully
integrating your business into the larger franchise
network. Investigate the franchisor’s credentials
and study their commercial terms carefully. If you
have already started to think in this direction,
you’ll find some great resources at
www.great-opportunities.us and
www.sourcebookpublications.com . Happy franchising!
Hi, I'm Akhil Shahani, a serial entrepreneur who
wants to help you succeed. If you like to work
smart, check out
http://www.SmartEntrepreneur.net . It's full of
articles and resources to help you start and grow
your business successfully. Please visit us &
download our special "Freebie of The Month" at
http://www.smartentrepreneur.net/freebie-of-the-month.html
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