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Archive for the ‘Start Ups 101’ Category

Business Plans With Legs

Posted by iBlog on August 20, 2007

Chief executives of 53 fast-growing companies rated their business plans 4.3 out of a maximum six in helping them obtain outside funding, according to a recent study by two professors at Weber State University in Ogden, Utah. More significantly, the CEOs rated their plans 4.1 in helping them manage their companies. “This strong rating indicates that small successful companies continue to use their plan for more than funding,” say the professors, Anthony Allred and H. Lon Addams, in an article published in the Journal of Small Business Strategy.

Read the full article in BusinessWeek.com

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Posted in Business Tactics, Entrepreneurship, Small Business, Start Ups 101 | Leave a Comment »

Small Business Communication Tools

Posted by iBlog on August 9, 2007

Working with clients across great distances, Steve Bridges needed a better way to exchange information and collaborate on projects. E-mailing large documents wasn’t efficient. Inboxes got filled up or, worse, documents got overlooked. To remedy his situation, Bridges, IT manager for advertising firm La Agencia de Orci, decided to employ an extranet.

Read the full article on Fastcompany.com

Posted in Digital Media, Entrepreneurship, Small Business, Start Ups 101, Technology | Leave a Comment »

Virtual Trade Shows Take Care of Business

Posted by iBlog on August 9, 2007

Virtual trade shows, expos and conventions are coming into their own. While event producers all insist that virtual shows won’t replace real-world shows, there are some decided advantages to attending, hosting or exhibiting at online events. Entrepreneurs save on the costs of travel, booth materials and employees’ lost productivity.

Read the full article in Entrepreneur Online

Posted in Advertising, Innovation, Sales & Marketing, Schmoozing, Small Business, Start Ups 101, Technology, Trends & Ideas | Leave a Comment »

Powersell on eBay

Posted by iBlog on August 9, 2007

To get the most from your eBay business, make sure you’re using the “triangle of success”: eBay auctions, an eBay Store (read my previous column on eBay Stores) and a website. eBay Power-Seller and 47-year-old website owner Yaron Hankin (www.anytimesale.com) says, “People look at someone who not only sells on eBay, but also has his or her own website, as a more established seller.”

Read the full article in Entrepreneur.com

Posted in Entrepreneurship, Online Retail, Retail Market, Sales & Marketing, Small Business, Start Ups 101 | 1 Comment »

4 Ways to Market Your Business Online

Posted by iBlog on August 9, 2007

When Mark Bitterman, who calls himself a “selmelier,” was trying to pump up sales at his gourmet salt shop, he knew standard marketing techniques such as radio ads and direct mail wouldn’t be enough.Seeking to capture the imagination of educated, adventurous gourmand prospective customers, he instead set out to draw more people to his Web site and his Portland, Ore., shop by writing an informative, entertaining and provocative blog, “Salt News.”

Bitterman knows that people, including reporters, visit both the site and the blog, and many eventually come through the doors to see the 60 or so varieties of salt.

Read the full article in CnnMoney.com

Posted in Entrepreneurship, Sales & Marketing, Start Ups 101 | Leave a Comment »

Small Business Start Ups

Posted by iBlog on August 7, 2007

Protesting on college campuses is back. The object of this generation’s rebellion? Traditional jobs. In an era of widespread disenchantment with the often bureaucratic, scandal-ridden world of big corporations, more students believe that building a successful startup is the way to go. A recent poll of 1,155 teens by Junior Achievement Worldwide, a Colorado Springs outfit that teaches students about entrepreneurship, revealed that 69% want to start a business, an increase of five percentage points since last year. And the Harvard Business School just found that 67% of MBAs it surveyed had started a firm after competing in its business-plan competitions.

Click here to read the full article on Fortune.com

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Managing The Entrepreneurial Psyche

Posted by iBlog on August 7, 2007

If this magazine decided to choose a patron saint, I’d nominate the economist Joseph A. Schumpeter. Born near Prague in 1883, Schumpeter (pronounced SHOOM-pay-ter) was one of the most astute business thinkers who ever lived, and–luckily for me as his biographer–an electrifying personality besides. He liked to say that he aspired to be the greatest economist, lover, and horseman in the world. Then he’d pause for a second before delivering his punch line: Things weren’t going well with the horses.

Read the full article on Inc.com

 http://www.inc.com/magazine/20070801/guest-speaker-mapping-the-entrepreneurial-psyche.html

Posted in Business Psychology, Entrepreneurship, Start Ups 101 | Leave a Comment »

Start Ups – Inside and Out

Posted by iBlog on August 7, 2007

You don’t need to quit your day job to launch a startup. Instead, follow the lead of a team from Nortel Networks whose members jump-started a big idea, declared themselves intrapreneurs, and never looked back.

Read the full article on FastCompany.com

http://www.fastcompany.com/magazine/32/toolbox.html

Posted in Entrepreneurship, Start Ups 101 | Leave a Comment »

The Importance Of A Business Plan

Posted by iBlog on August 7, 2007

Creating a proper business plan is essential. There are newbie entrepreneurs and seasoned business owners who can whip up a venture on the fly, but if you plan to talk to investors without a business plan chances are very slim you will even get your foot in the door when it comes down to raising capital.

businessplan_lite.jpg

 A business plan is significant to the beginnings of the growth of your company. We create business plans for many reasons. To obtain financing, form strategic alliances, attract important people and it sells your company. You utilize it as a tool to attract attention to the appropriate sources you need.

Click on the links below on creating a business plan:

Writing a business plan on Inc.com

http://www.inc.com/guides/write_biz_plan/20660.html

Another useful guide to creating a business plan on Inc.com

http://www.inc.com/guides 

Jen Lyn

Posted in Corporate Strategy, eCommerce, Entrepreneurship, Start Ups 101 | Leave a Comment »