Tuesday, October 20, 2015

7 Keys To New Business Success - Part 2

This past week we discussed various failsafe strategies to start, maintain and grow your business and how to avoid business failure. Among the strategies were seek temporary employment with your competitor and learn the business from the ground up. In so doing, discover a niche in that market that has greater appeal to consumers or consider a service or product that will better serve your competitors needs. The challenge here is both time and timing.

Read Keys To New Business Success - Strategy #1

As said it takes a considerable amount of time to follow steps 1-7 of Strategy #1. But time may not be on your side. That said consider this time saving strategy #2.

Keys To New Business Success - Strategy #2

1, Read company press releases.
2. Read company interviews featuring corporate executives and administrative staff.
3. Utilize online business professionals question and answer discussion boards.
4. Read company marketing materials
5. Read company newsletters
6. Join open house company tours and ask questions about future acquisitions, customer retention, target demographics, etc.
7. Read company stock market news and investment statements,

 Even better, get your hands on your competitors business plan. That said, did you know your competitors business plan can be found online and downloaded to your device? It takes a bit of searching but it can be done. Don't have time to do in-depth online searching? Don't know where to start? There are a few reputable companies out there that offer an archive of business plans in the same industry and market that were actually used to start, grow and maintain a success business competitor. Connect with that archive and you've found a goldmine to success.

If you've considered establishing a home business, download my complete archive of winning competitor business plans drawn from established companies that have successfully penetrated the market. Visit http://businessplans.fimark.net and select the business plan and business plan-use license that best fits your needs. Once that's done you'll have your business success master strategy down-pat and your business up and running in considerably less time.


Wednesday, October 14, 2015

The 7 Keys To New Business Success Part 1

The difference between a successful business and business failure is in the planning stages. Many would-be-successful entrepreneurs start new business too quickly without a failsafe formula. What's needed is time to incubate, strategize and build key resources that leverage the business against unforeseen obstacles. This series will present time-proven business success strategies that keep you in business and extend the life of your company.

Keys To New Business Success - Strategy #1

1. Keep your friends close but your competitors closer.
2. Work with them and for them before starting your own business.
3. While employed by your competitor study it's business process, target market, clientele demographics, marketing strategy and seek to improve on the product, service and marketing method. 4. Discover a niche in that market that has greater appeal to consumers or consider a service or product that will better serve your competitors needs.
5. Record all your findings in a business plan.
6; Even better access your competitors business plan.
7. Simpler approach - Download winning competitor business plans online now.

As said it takes a considerable amount of time to follow steps 1-7. But  time may not be on your side. That said consider this time saving strategy.This can be done any number of ways. Read their press releases. Read online interviews featuring executive and administrative staff in various departments.
Utilize business question and answer discussion boards. Event better get your hands on your competitors business plan. Did you know competitive business plans can be downloaded online, It takes a bit of searching but it can be done.

If you've considered establishing a home business download my complete archive of winning competitor business plans from established companies that have successfully penetrated the market.
http://businessplans.fimark.net



Friday, October 9, 2015

How To Protect Your Money When Expanding Your Business

So you're contemplating getting a business loan or refinancing your current loan in order to expand your home office and business? Stop right there! There are several moves and methods you should consider first in order to protect your money and save. 

Your first step is to consult your business plan. Many lending institutions require examination of a working business plan before considering a loan request. What? Don't have one? Consider this. The purpose of the business plan is to determine the course of business marketing, process and expansion and execute in the most productive way possible while sparing revenue, increasing profits and achieving said growth. That said, a business plan will help you determine what marketing venture is needed to expand and grow your business as well as the financing needed to achieve that end.

Consult this list of business plans and download your business plan from the business plan archive listed here... top-20-online-business-plans


Your next step is to protect, save and grow your money. The key is to know your rights and options when getting a loan whether it be for business expansion or personal use. When contemplating getting a loan follow the steps outlined below.

  1.   You have right of rescission.
  2.   Rates change daily and can drastically alter the cost of a loan.
  3.   You have an option to lock-in rates up to 60 days.
  4.   Fees vary from lender to lender so shop around
  5.   You can Interview your lender before they interview you
  6.   Lenders should have a list of references or current satisfied customers at your   request
  7.   You are not obligated to a loan just because you filled out an application
  8.   You should screen all initial contacts by lenders and brokers using the Better Business Bureau and Mortgage Broker Associations
  9.   You protect your credit score by accepting a loan shortly after application
  10. Don't accept the first offer you get
  11. You can negotiate fees
  12. No money down loans are not necessarily money saving deal.
  13. No cost applications are not what they may appear to be. Expect fees at closing.    14. Regardless of fees waived keep your eyes on the interest rate and points. 
  15. When doing a “cash out refi,” don’t raise the level or debt you have unless you’re doing home improvements. If you do, you are at a higher financial risk and credit card companies may increase your rates.

Get more information from here.