Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Sunday, January 01, 2012

Start Your Business Right by Doing Online Market Research

Ysabela Margrette Cellphone Store. This is the name of our cell phone business which I started with my brother a few years ago. Bela was my only child then and so we decided to name the store after her.

I can’t believe that it has been six years since we started that business venture. We were first time businessmen back then and we really have no idea how the business will go as we just invested right in without studying the market.

Luckily, my brother resigned from work and so he was able to personally manage our store which played a big contribution in the success of our business. But if we were to do it differently, we would have hired Infosurv first to do prediction markets for us first before we dive in on this business venture.

Inforsurv is one of the leaders when it comes to online market research and they provide host of other services like customer satisfaction survey, employee surveys, employee engagement and more. If we have hired them, we could have gotten a better understanding of the market so we can change our line of products to cater to the demands of our customers.

But looking back, my brother and I have no regrets because we know that we succeeded as we have learned to run our own business and has thought us that it takes big risk to succeed big time too.

Monday, November 29, 2010

How to Run a Business as a Single Parent

If you are a single parent and a business owner, you may be feeling the stress of having so many daily duties that require your attention. While owning a business can be extremely rewarding because you no longer answer to the demands of an employer, it can also be draining as you try to ensure the venture remains successful.

Additionally, being a single parent simply adds another layer of complications to the situation because you have twice as many duties to deal with every day. As such, here are a few ways you can reduce the stress you are likely feeling to improve your happiness and make your business more successful.

Ask for Help When Necessary

Everyone has a breaking point. When you feel you’re reaching yours, then it’s time to ask for help. Whether you need additional assistance caring for your children or simply need someone to watch them for an evening while you finish up work duties or take some time for yourself, it’s important to do what you need to do.

If business operations are expanding so rapidly that you are no longer able to stay on top of your tasks, then hire more employees or outsource some work duties. For example, if you own rental properties, then searching for Mesa property management companies to take over the day-to-day operations of your buildings may be the best option.

Acknowledge Your Accomplishments

On those days when your stress level reaches its highest point, take time out to think about your life and reward yourself for the things you have accomplished. Being a single parent and a business owner deserves immense recognition and isn’t something most people are able to do. By recognizing how much you have achieved, you will find the energy to keep going during those difficult days.

How to Profit from Technology

I have been contemplating starting my own small business for years. One day, as I was online getting information on Tacori engagement rings for my sister, I thought I’d also do some research on how the use of technology would help a business run. It is no secret that the right technology can make a business more profitable and help eliminate some costs from a business. It can also allow business owners the ability to service more customers without the need of additional staff.
The following are tips supplied by various small business owners on how to save money on technology purchases:

1. Use Twitter - Many companies are using Twitter in order to broadcast and advertise their special offers, coupons and deals.
2. Google Alerts Use - Before purchasing a piece of technology, some business owner’s look to review websites on items they are interested in and set a Google Alert for the items. For several days they watch the price of the items and purchase when the prices are right for them.
3. The Use of Web-Based Software - Using this type of software helps save on maintenance costs and often eliminates the need for small business to buy expensive boxed software and then continuously needing the various upgrades that go with it. There are web-based applications that also have a great support team who are available at no additional cost, 24/7.
4. Office Productivity Software Use - Google offers versions of free spreadsheet applications, presentations, word processing, and e-mail. Sun offers free tools for productivity that includes presentation applications, spreadsheets, and a word processor. With Mozilla, business owners can get an email client and other applications.
5. Small Business Bartering - Businesses can help one another out. For example, one can offer help in web-design in exchange for phone set-up.