Survey: Most Business Owners Remain Optimistic in California

Most California-based entrepreneurs want to invest more resources to grow their company, according to a recent survey by California Bank & Trust (CB&T). About 60 percent use social media and Web marketing to promote their business, and many business owners believe their products and services will see growing demand.

Downtown San Francisco

photo credit: Adam Kuban

Nearly 38 percent of small business owners want to conduct international sales efforts, while 53 percent want to hire new employees in 2014.

These plans reflect optimism among entrepreneurs: Over 86 percent say their business is heading in the right direction, while 63 percent expect their company’s growth rate to increase in 2014.…

Continue reading

How Much Internet Does Your Business Need?

No matter how many apps and tools you have to help you run your business, the key to a successful business is making sure that you have enough internet for your needs. The last thing you need is to be in the middle of a video conference, or just trying to upload a send a large file to a client, and discover that your current speeds aren’t enough to handle the task. On the other hand, if all you do is occasionally access the internet and check email, you don’t want to spend a lot of money on bandwidth you don’t need.…

Continue reading

Dear SMB Owner: Think You Don’t Need CRM Software to Maximize Sales?

This post isn’t a promotional for any single type or brand of “Customer Relationship Management” software. I just want to outline some of the benefits of using one for those of you who’re starting a business soon, or who may be on track to expand your new or established SMB in the near future.

Zoho CRM

I’m not going to recommend any specific software in this post. If you’ve tried CRM’s that are great – or ones that are garbage for that matter – please leave a comment after this article so everyone can benefit from your knowledge.

Benefits of Using a CRM for Your SMB:

Team compliance

How often do you find yourself in a situation where a team member is giving you the “I forgot excuse” when it comes to your sales or customer service process?…

Continue reading

5 Ways Hiring a Chartered Accountant Can Improve Your Profit

Sometimes in the rush to get a small business up and running entrepreneurs overlook critical areas that vastly improve their chances of success. These oversights can be just down to focussing on the grand vision too much without considering the finer details, or it can be a desire to minimise expenditure because most small businesses aren’t flush with capital in the early days. One of the most common, and potentially damaging, is not hiring an accountant from the off.

Hiring a chartered accountant

With the amount of off-the-peg accounting software available it’s understandable that new business owners will consider running their books themselves, but very few entrepreneurs have the time to dedicate to doing a good job of the business accounting and even fewer are genuinely accounts literate.…

Continue reading

‘I Am Small Business Proud’ Campaign Shares Story of Immigration Lawyer

This week, Capital One’s I Am Small Business Proud campaign is making stops in Texas to interview entrepreneurs in various industries. The nationwide trek is part of a 35-city tour by Brooklyn-based filmmakers Trisha Dalton and John Sears who are “gathering exclusive content and insights into the lives of small business owners,” according to their rep.

Starting a Law Firm

On Monday, the filmmakers visited Austin, Texas where they interviewed Vi Nanthaveth, founder of an immigration law firm. Like many who migrate to America, Nanthaveth started her business after gaining experience in her profession.

Vi Nanthaveth

“I almost feel like [immigration law] was something that fell on my lap,” says Nanthaveth.…

Continue reading

6 Steps Every SMB Owner Needs to Complete After Incorporating

Forming an LLC or Limited Liability Corporation is a great first step toward legitimizing your company and to insulate you and your family from the financial liabilities of your business.

Most small business owners quickly find out the hard way that there’s a few more steps they need to take before moving away from their days operating as a sole proprietor.

SMB owner

Here are 6 you don’t want to forget about:

1. Compliance Plan

Now that you’re an LLC, the state(s) you operate in and are registered in will expect a yearly report. This is more of a formality than something you’ll need to dread every single year, simply involving you updating your company and personal contact info for state records.…

Continue reading

Take Out Your Notepads: 7 Media Moguls to Learn From

Discovering the next trending media story or topic before exposure to the world isn’t simply about being in the right place at the right time. Social media journalism requires creativity, gusto, and persistence. The top media moguls are relying on more than chance. Here to teach a lesson on entrepreneurship are some of the greatest media moguls of all time. Sharpen your pencil and take a seat. Class is in session.

Walt Disney

1. Benjamin Franklin

Everyone’s favorite patriot, Benjamin Franklin, was more than just an inventor and politician. He was America’s first media mogul. A prolific speaker and journalist, Franklin’s various newspapers, almanacs, and other texts inspired and entertained readers.…

Continue reading

7 CRITICAL Things Your Business is Missing Out Without Email Marketing

Before the age of the internet, business owners aren’t left with much option when it comes to promoting their products. They are limited to billboards, physical campaigns, radios and TV commercials. Are they effective? Yes. Are they costly? Definitely!

Check emails on a mobile phone

With the advent of technology and the Internet, email marketing has become the main medium for business and product promotion. Digital distribution continues to grow exponentially as more people depend on the Internet for everything they need. But what happens if your business does not utilize email marketing? Here are 7 truly critical things your business is missing out on without email marketing.…

Continue reading

Every Company Has Projects to Manage – How Do You Manage Yours?

Every company on the face of the planet has all kinds of different projects to manage and the size of all the projects vary, some are small close knit teams and others are large scale global projects. Here, we are going to talk about project management efficiency and I will also throw out some great tips of my own as I have managed many in the past for a wide range of businesses in different sectors.

Project Management

High Rates Of Failure, More So Than Success

Unfortunately there is a high rate of failure when it comes to completing projects, more so than actual success, this all come down to how the project was managed with a handful of people in the team not pull their weight and keeping up with targets.…

Continue reading

Use Specialists and Technology for Best Business Structure

Businesses in America are becoming increasingly aware that combining the latest in technology with in-house human resources staff is the key to maintaining all-round success.

Some companies have chosen to get rid of their human resources departments but experts say that this is a mistake that could have serious implications for the future of these businesses.

human resources

Why is it happening?

As managers see more highly effective, easy to use human resources software coming on to the market, some are taking the opinion that it is now more cost-effective and productive to outsource or automate personnel-related tasks, such as the administration of payroll.…

Continue reading