Tuesday 31 December 2013

Powerful Marketing Tips for the Small Business

  1. Print your small ad on a card and mail it to your targeted market.
    People read postcards when the message is brief. A small ad on a postcard can drive a high volume of traffic to your web site and generate a flood of sales leads for a very small cost.:)
  2.  Rotate several marketing tactics and vary your approach.
    Your customers tune out after awhile if you toot only one note. Not only that, you get bored. Marketing can be fun, so take advantage of the thousands of opportunities available for communicating your value to customers. But don't be arbitrary about your selection of a variety of marketing ploys. Plan carefully. Get feedback from customers and adapt your efforts accordingly.:)
  3. Use social media marketing to promote your business.
    For example, if you use Facebook,twitter, etc or  if you send out brochures, you could include a leaflet and or business card of another business, which had agreed to do the same for you. This gives you the chance to reach a whole new pool of potential customers.:)
  4. Use stickers
    Use stickers, stamps and handwritten notes on all of your direct mail efforts and day-to-day business mail. Remember, when you put a sticker or handwritten message on the outside of an envelope, it has the impact of a miniature billboard. People read it first; however, the message should be short and concise so it can be read in less than 10 seconds..:)

Monday 30 December 2013

Sole proprietorship

The most common and simplest form of business is a sole proprietorship. Many small businesses operating in the United States are sole proprietorships. An individual proprietor owns and manages the business and is responsible for all business transactions. The owner is also personally responsible for all debts and liabilities incurred by the business. A sole proprietor can own the business for any duration of time and sell it when he or she sees fit. As owner, a sole p In this type of business, there are no specific business taxes paid by the company. The owner pays taxes on income from the business as part of his or her personal income tax payments.
Sole proprietors need to comply with licensing requirements in the states in which they're doing business, as well as local regulations and zoning ordinances. The paperwork and formalities, however, are substantially less than those of corporations, allowing sole proprietors to open a business quickly and with relative ease - from a bureaucratic standpoint. It can also be less costly to start a business as a sole proprietor, which is attractive to many new business owners who often find it difficult to attract investors.
Advantages of a Sole Proprietorship
·         A sole proprietor has complete control and decision-making power over the business.
·         Sale or transfer can take place at the discretion of the sole proprietor.
·         No corporate tax payments
·         Minimal legal costs to forming a sole proprietorship

·         Few formal business requirements proprietor can even pass a business down to his or her heirs.

Friday 27 December 2013

Small Business and Home Based Business Ideas

The hardest part of starting a business is coming up with an idea, whether a small business is a part-time one person operation run out of someone's home or a multi-million company with lots of employees.
You know, for once, that you want to work in a particular field but don't know what you do specifically. Or maybe all you know is that you want to start a business, but you're on the lookout for an idea that inspires you.

Browse collections of small business ideas and see what works for you. Based on current trends these are businesses that when you have starting a business I think have good or better potential for profit over a period of time an important consideration. 

Benefits of Sole proprietorship

Sole proprietorship is the easiest way of setting a business. As it has no hardship of gathering a group of capitalist, interchange of ideas and so on. In case of profit, business man can enjoy many things along with a huge profit.
Firstly, such kind of business is started at low level, so capitalist has to make investment at low level. He has to make face low cost in the production process.
Secondly, he doesn’t has to face any legal formalities, which consume a lot of time. It also consumes money to deal with legal formalities.
Thirdly, as he is solely responsible for the whole business set up, so he also enjos the profit given out of the business
Advantages of Sole Proprietor Form
The advantages of forming a sole proprietorship include:
·         Control
As the sole owner of the business, he has complete control over all the operations, and 

  •  gets to make all the decisions. He doesn’t has a board of directors, shareholders, or other owners to answer to.
  • Tax Preparation and Filing
    Sole proprietorship income taxes are easy to file, using Schedule C and adding the income/loss from the business to his other income on his personal tax return.
  • Tax Rates
    According to the Small Business Administration, sole proprietorship tax rates are the lowest of any business form (13.3 percent tax rate as compared to 26.9 percent for S corporations). 
  • Use of Losses
    Because he is including his sole proprietorship income/loss on his personal tax return, he can use any business losses to offset personal income from other sources. You do need to be careful not to run up against the IRS restrictions on "hobby" businesses which generate losses for years, but if you can prove your business is legitimate and not a hobby, those losses can lower your taxes.

Thursday 19 December 2013

Small Business Marketing

You come to right place, If you are a small businessman and looking market approach for your business. Here we are generating marketing firm that will helps small business with great marketing strategies and innovating new ideas.
Social media such as Facebook, Twitter come with a great opportunity to market themselves. It creates curiosity among new customers and these platforms effectively reach the target audience. Search engine optimization (SEO) can help a business enhance its online visibility and make it easy for people to find them.

Business Marketing

Business Marketing: Simple way to promote the sale of product or service to other businesses is called Business Marketing . This is done by selling to other ...

Tips for Keeping your Business Blog Current, Relevant and Fresh

Write within in your means.
Listen and get ideas from your customers.
Look what others are writing about.
Showcase people.
Invite guest bloggers.
Turn on comments.
Keep in focused on business.

Wednesday 18 December 2013

Sole Proprietorship Make's Good Profit: Rise of Sole Proprietor

Sole Proprietorship Make's Good Profit: Rise of Sole Proprietor: In 2011 totaling 22.5 million , these "non employer businesses"  businesses that have no paid employees and are subject to federa...

Monday 16 December 2013

Sole Proprietorship Make's Good Profit: Tax Implications

Sole Proprietorship Make's Good Profit: Tax Implications: A sole proprietorship is indistinguishable from its owner.Sole proprietorship taxation is very simple. The income earned by sole proprietor...

Sole Proprietorship Make's Good Profit: Forming a Sole Proprietorship

Sole Proprietorship Make's Good Profit: Forming a Sole Proprietorship: If you are already operating a sole proprietorship. The great features of a sole proprietorship is quiet simple formation. Little more than...

Sole Proprietorship Make Good Profit: Advantages of sole business

Sole Proprietorship Make Good Profit: Advantages of sole business: It is easy to start new business. Only small amounts of capital is needed to run and start a business. It permits a high degree of flexib...

Friday 13 December 2013

sole proprietorship make good profit: Idea to start small business

sole proprietorship make good profit: Idea to start small business: Whatever you choose idea, my first suggestion is to not go after an idea you think that is popular and that is making profit to others. Go...

sole proprietorship make good profit: Introduction

sole proprietorship make good profit: Introduction: Sole proprietorship is kind of business which is run and owned by single person without legal distinction between owner and business. owne...