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Archive for the ‘Small Business Tips’ Category

Merry Thanksoween!: Eight Helpful Tips for Your Small Business and the Approaching Holiday Season

Tuesday, October 25th, 2011

It’s almost November, and if you’re not already running around like a headless chicken preparing for the holiday season, you will be soon! Here’s some tips that’ll help get your small business get prepared.

  1. Create an attack plan: Have you started on that sales strategy yet for the holidays? Don’t wait too long! Your competition will start capturing your customers soon if you do not have a good plan!  According to this article from the fantastic Inc Magazine, your approach to the holidays should be planned for all year long.  So, if you haven’t started….what are you waiting for?
  2. Localize for your target audience: If you’re reading this, chances are that you’re a small business owner. If you’re a small business owner, chances are that you have a presence within your own community.  So, are there any local traditions, events and meetings that you can take into account when making your attack plan?  For example, say your community has a tradition of caroling every year or a large holiday event. Then, you might try to create a branding plan around those events or offer services/products that cater to those events to help you get your name out.
  3. Build a base: Be involved in your community. If you’re good with tip 2, you can probably skip this one. If  you don’t have a presence, start building one… now.  Also ramp up the social interactions in Twitter and Facebook.  Now is the time to connect with customers and potential customers using these social tools.
  4. Consider sponsorships: Do something for the community. Perhaps sponsor a festival or some type of talk. Or if there’s a university nearby, get involved in some of their events.  This is a great way to give back to the community and also get your business name out there so you are top of mind when people are shopping.
  5. Stock up on “bestsellers”: Stock up on products your customer wants. Once the holiday season gets rolling, it’s all about the items.  Try and order extra too. That way, you might not run out if an item turns out to be more popular than expected.
  6. Be the best: This is the time when you get to interact with a lot of potential customers either on your website, through social media or in person in your store. Remember at all times make sure you, your business and your employees present a good image that way you give a reason for those customers to come back.
  7. Try new marketing tricks: This is a good time to experiment with offers, advertising and even some fun videos about your business and product/service. Who knows, one of the things you try may help you in the future and create some buzz around your small business.
  8. Be accommodating: This is a busy time for everyone. Try and be flexible about requests, questions and issues that arise with your customers. If they ordered something and there was a problem, try to be as accommodating as possible. You want these customers to come back.  The customer is always right….especially around the holidays!

Hopefully, these tips will help you. Good luck and have a great holiday season!

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Archive for the ‘Small Business Tips’ Category

Five $5 Dollar Marketing Strategies with Fiverr

Monday, September 26th, 2011

Efficient marketing has been and will always be a key function of business, especially when dealing with small businesses. Most small businesses do not have the financial capital to support a full-fledged ad campaign and have to find other, relatively cheaper marketing tools and techniques to find their target market and attract customers. In this day and age, the internet provides many cheap and free marketing tools, such as blogging, e-mailing, and operating social media sites like Facebook and Twitter. These are great tools to exploit when marketing, but another trending site to utilize is www.fiverr.com.

Fiverr is a social marketplace website that allows for the purchasing and selling of a magnitude of services for only $5. Yes, you read it right: only $5! This website is an excellent source for inexpensive outsourcing of a wide variety of different services. The services provided on the site, called “gigs”, range from video marketing to advice to SEO building. While you may find some offbeat and bizarre services offered, such as “I will cry and put any text on a paper” or “I will be your girlfriend/wife or anything else on facebook for one week”, this website is actually does offer many great opportunities for small businesses. Here are five marketing tactics that you can implement through fiverr:

1. Video Marketing

Making videos is extremely time consuming and requires a lot of technical work for your company; instead, for only $5, you can outsource this work to a freelancer on fiverr and with your vision and guidance, he/she will make you a commercial within 2 weeks! In fact, it was too great of a deal to pass up so we at KikScore capitalized on a fiverr “gig” and had a professional video made. All we needed to do was provide the freelancer with the text and photos we wanted to use, and they put the entire video together. Check it out below!

embedded by Embedded Video

2. Writing

In addition to have a video made of virtually anything, whether it is a professional commercial or an animated cartoon, there are also a bunch of talented writers on fiverr, both business and song writers. There are many people offering to write jingles or raps on your company and what it provides and those funny and creative tunes can definitely bring in new customers! In addition to song writing though, there are also many “gigs” offering to write press releases or just articles on any topic.

3. Market Research

While I wouldn’t solely rely on fiverr freelancers for an extensive market research report, I would use their service for some basic research. For only $5, you can pay someone to conduct brief research for your business while you focus on more productive business tasks.

4. Graphics, Banners, and Logos

Similar to making videos, oftentimes designing new banners or graphics for your business’ website requires expensive graphic design work. Instead, you can outsource that work to the fiverr community, where there are a good amount of awesome, professional graphic designers.

5. Search Engine Optimization

SEO optimization is extremely crucial for all small online businesses. All businesses strive to be on the first pages of search engines like Google and Yahoo!, and employing effective SEO optimization techniques is necessary. On fiverr, many sellers offer “gigs” that will improve your business’ SEO, whether it is by social bookmarking, promoting your links on social media outlets or different directories, or helping you build a LinkedIn following.

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Archive for the ‘Small Business Tips’ Category

Followup – RE: Top Ten Reasons Small Businesses Fail, part eight: Cash Flow

Friday, September 23rd, 2011

A business (also known as enterprise or firm) is an organization engaged in the trade of goods, services, or both to consumers.[1] Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners (emphasis mine). Businesses may also be not-for-profit or state-owned. A business owned by multiple individuals may be referred to as a company, although that term also has a more precise meaning.

The definition in the preceding paragraph, from Wikipedia, is a clear and precise explanation of what is meant when one discusses the term business in the context of American economics.  My previous post, “Top Ten Reasons Small Businesses Fail, part eight: Cash Flow“, provoked more response than any other post I have presented for the KikScore blog site.  Several comments implied a lack of understanding of what “business is about” on my part.

I presents the Wikipedia definition not so much to defend myself as to clarify what I mean when I use the term “business”.  It’s seems to me that my several critics, with the best of intentions, are confusing “business” with “vocation“, at least in the context of this discussion. This is easily done, and the confusion is most likely at the root of why many consider it distasteful (of me) to imply that they must pursue their vocation solely for the purpose of making money.

According to Dictionary.com, “vocation” is defined as “a particular occupation, business, or profession; a calling; or a strong impulse or inclination to follow a particular activity or career.”  These are all valid definitions; I consider what I do for a living, providing computer support for solo entrepreneurs and small businesses indeed to be my “calling”, something I do for reasons well beyond simply making money.

But make no mistake: having said that, if I don’t make money, I will very quickly have to find something else to do, or I will be broke, bereft and bankrupt.  No amount of altruism, good intentions, or heartfelt desire to save the world makes any difference to my landlord, my cell phone provider, Uncle Sam or any of my other debtorsMy best wishes for the world are not providing for my impending retirement – only the money I make does that.  This is a distinction that appears to have been lost to my detractors, who clearly misunderstood my opening statement in my previous post as meaning that nothing is more important than making money.

If that is the case, let me state publicly that this is not what I meant.  I was merely stating a simple fact – businesses exist to make money.  This is not why we WHAT we do for business; in fact, if we are wise, we choose to do something we’re both good at and that we enjoyed doing.  But the third, and most often overlooked, criteria in this consideration is that we must choose something that we will be paid to do.  And, hopefully, paid well.  The annals of American business are rife with the husks and carcasses of enterprises founded by those who fail to understand that businesses are about making money.

Wall Street forgot this; thus came the crash of 2008.  Sound business principles were abandoned in a blind pursuit to keep up with the Joneses and chase the hottest fads and trends rather than do what they knew they should have been doing, which was to invest wisely with an eye on long range profitability and stabilityLehman Brothers, the company were I began my IT career, no longer exists because, despite their place as not only a major Wall Street firm but a source of guidance and leadership via the Lehman Brothers index, they took their eyes off the prize and bankrupted a star in the Wall Street firmament that was over 100 years old.

Let the serve as a cautionary tale to those new businesses, or even existing ones, who imagine that they are in business for purposes other than reaping a profitWHY you are in business is not the same as WHAT you are in business for.  I hope that you enjoy what you do; I highly stressed that you do what you do with the utmost integrity and respect for your customers and clientsNothing less will yield profitable results.

At the end of the day, however, profit is what you are in business for.  And that is why I posted an article about managing your cash flow, and the importance of getting beyond the emotional inhibitors which may cause you to ignore or avoid the importance of managing your money.  The warm fuzzy feeling you get at the end of the day, having done a job well done, provides many things.  But if it doesn’t add up to an increase in your bank balance, when that feeling fades, you’ll have nothing left to show for it.  And sooner or later, you either will have to focus on profit, or you will go out of business.

And that’s not my opinion – that is a simple equation, and a statement of fact.


Cornell Green is Your Open Source CIO, guest blogger for KikScore. Visit him at https://opensourcecio.blogspot.com

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Archive for the ‘Small Business Tips’ Category

Guest Post: Top Ten Reasons Small Businesses Fail, part eight: Cash Flow

Friday, September 16th, 2011

Cash flow

It’s odd: the purpose of starting, running or working for a Small Business is making money. Yet managing money is almost universally the one thing most neglected, ignored or feared by Small Business owners, operators or employees .

Quite often, you’ll hear some variation of the phrase “I’m not really in it for the money” – as if a focus on the financials is dishonorable or morally objectionable. But if you consider it for just a moment, that’s like a doctor sayingI’m not really in it to help people“. Whether you’re a Scrooge-like materialist or a post-modern hippy at heart, the purpose of starting, running or working for a business is profit.

Many people, regardless of their financial status, avoid dealing with their finances. Debt consolidation commercials fill the air, and stories of multi-million dollar celebrity bankruptcies have almost become cliche. But managing Small Business financials doesn’t require advanced calculus skills — just an understanding of basic accounting skills, and a strategic use of technology.

You have to manage your money — Small Business financial management is more than having a positive bank balance. Cash flow becomes critical when there is a delay between the money you’re owed (accounts receivable) and the money you owe (accounts payable). This is where many Small Businesses experience cash flow problems — they know they’ve got the money coming in, but they miscalculate and end up overdrawn.

That is, after all, why it’s called cash flow — it’s dynamic, and fluid. The informal running total many of us depend on to manage our personal finances doesn’t scale effectively, and bouncing a check to a distributor or supplier can affect your credit rating, or worse, the survival of Your Small Business.

Below is a short list of software & websites to help you manage Your Small Business financials:


Of course, technology is not a magic bullet. The best accounting program is useless if you don’tuse it. This is why I recommend starting by creating a Mint.com account.

Mint.com allows you to reverse-engineer your budget: you provide read-only access to your bank accounts and credit cards, and it automatically categorizes your deposits and expenses. After a few months, you have a graphical breakdown of your cash flow: once you see where your money goes, and what your spending patterns are, you can then properly manage Your Small Business budget going forward.

Mint.com is run by Intuit – the company behind QuickBooks, the de facto standard in bookkeeping software. If you have fewer than twenty active clients (so far), QuickBooks Simple Start Free Edition 2010 allows you to manage your billing and invoicing in the same format used by most accountants.

Using QuickBooks requires an understanding of basic accounting principles, which is why I’ve included one of the best introduction to accounting tutorials as the final link in the short list, Dave Marshall’s Bean Counter website.

The Bean Counter site has been online for eight years, and is the simplest introduction to basic accounting principles you’ll find without taking a course or buying a book. As with the software, it’s only useful if you actually use it.

Which is a choice only you can make. But your cash will flow, either way. The question is… in which direction?


Series inspired by “Top Ten Reasons Why Small Businesses Fail” by: Connie Holt, E.A. cholt@henssler.com
The Henssler Financial Group Position Paper
© 2004 The Henssler Financial Group | www.henssler.com


Cornell Green is Your Open Source CIO, guest blogger for KikScore. Visit him at https://opensourcecio.blogspot.com

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Turning Sites into Gold: An Interview with Marketade’s John Nicholson

Tuesday, August 16th, 2011

I recently had the privilege of speaking with John Nicholson, co-founder of the consulting company Marketade. A savvy businessman and all-around great guy, John uses his experiences to help others with some of the most important problems that online businesses face. My interview with John has taught me a lot and I want you all to be able to benefit from what he has to say.

Tell me a little about Marketade?

Marketade is basically a boutique web consulting company that I started with my partner and co-founder, Karan Gill. While Karan works on web development and design, I focus on search marketing, web analytics and conversion optimizations. Both of us used to work at GEICO; I was in marketing and Karan was in IT. GEICO is very metrics focused and innovative with its brand and web presence. We’re able to take the skills and processes we learned there and use them to help small to mid-sized businesses.

When and why did you decide to create Marketade?

Karan and I started Marketade two years ago. We had each come up with the idea of creating a consulting company and after talking decided it would be best for us to work as a team. We felt that our Fortune 100 skills could help small and mid-sized businesses compete with much bigger competitors – which was an exciting idea for us.

What was one of the biggest challenges you faced and overcame in launching Marketade?

Business development and finding new clients. As an entrepreneur, you’re always running around with too much to do. This makes it really difficult to not get completely wrapped up in client’s requests. You have to be disciplined with your time and reserve some of it to develop your business. One thing that we did in this area was create a newsletter. Since we use this to write in-depth articles, our newsletter is a great way to show off some of our expertise. In fact, we got our biggest deal to date through a reader of our newsletter.

How do you advertise yourself to get more clients?

We don’t really advertise in a traditional sense. We think the best way to grow your business is through word-of-mouth from happy customers and that’s where we’ve focused. As I mentioned earlier, we do have a newsletter. We also use Twitter a little bit.

We’ve also gotten a few clients just from working at Affinity Lab, the co-working space in D.C. where we are based.

Have you had any trouble proving your business’ credibility and legitimacy to potential customers and website visitors?

Yes. We know that a lot of people come to our website and leave quickly, even though they’ve come from highly relevant search phrases. We attribute this at least in part to not providing our credibility. Our GEICO experience helps, but is not enough.

Lately, this issue has been on our minds as we redesign our site. People want to know who is behind the organization, so we’re planning on playing up our bios more. We’ve also recently become a Google Certified Partner and plan to promote that. And working out of Affinity Lab also has credibility, so we’ll play that up more too. One of our clients recently told us that it made a big difference just knowing that we had an actual address in D.C.

When you’re not working on Marketade, what do you do to relax?

I’m a pretty big sports guy. I enjoy soccer, tennis, yoga, and I recently got into surfing. I enjoy eating at ethnic restaurants. I also read a fair amount. Most of what I read is nonfiction and contemporary.

Based on your expertise, what two or three things do you think small businesses should be doing concerning online marketing?

One thing, which I’ve written an article on, is that small businesses need to optimize their website title tags. The title tag that appears on the top of your browser is a huge factor in Google’s organic search scoring method. Most people just put the name of their business. What they don’t realize is that they need keyword-rich title tags that include their profession service areas and/or location. Although it isn’t a particularly exciting form of marketing, it is drastically underutilized.

Another important thing is for businesses to take the time to understand what words people use when talking about their business. There is a Google Keyword Tool that allows you to see how often people search using a certain term. I often spend hours on this when working with a new client. It helps immensely not just with SEO, but with how visitors will interact with your site’s content. You have to know how to speak the language of your visitors. Business and technical jargon just doesn’t resonate.

Related to this, most businesses need better writing on their sites. There is too much focus on the next big thing – whether it’s video or social media – and not enough focus on good writing. Always remember that people on the web are in a rush and want to be able to skim content easily.

What tools would you recommend for small businesses in the online world?

The Google Keyword Tool I mentioned earlier is a great one. Google Analytics can also be really helpful. Don’t worry if you’re a non-technical kind of person; it’s pretty intuitive. Even if you only use it to get a better idea of where people are coming from, it can make a big difference. Both of these tools are free and they are great for helping businesses figure out how to increase conversions.

If you had to pick two lessons that you’ve learned from launching and maintaining your business, what would they be?

One lesson would be thinking in the long-term concerning business development. I know I mentioned this earlier so I won’t go into it, but it is essential for businesses. You need to make sure you set time aside for this instead of just focusing on what is immediately in front of you. That’s the only way to grow.

Another lesson is to realize the importance of time management and project management. These are especially important when starting up because you have to wear so many different hats as a small business owner. I make an effort to track almost every moment of my day. I always ask myself “Where is my time going and is it in line with what I’m trying to do with my business?” Unfocused time is a killer. Tools aren’t the key here, but they can help. We use Harvest and Basecamp to track our time and manage projects.

Do you have any final thoughts or words of wisdom to share with our readers and the business community?

Don’t be afraid to take the “old school” route when doing your research and learning new techniques. Go to the library and get a book instead of just looking online for articles. The problem with the rise of social media and SEO is that it also gives rise to a lot of useless information. A lot of “top 10” type articles are not saying anything particularly new. They’re just regurgitating old information. If you’re passionate about something, go out and get a book written by a professional in the field. Don’t just rush over to blogs or to Twitter. After all, it’s also nice to disconnect after a long day of being in front of the computer.

Thanks to John for a great interview and a lot of great information! If you have any questions or comments for John, feel free to write them below.

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What Small Businesses can learn from India

Monday, August 15th, 2011

Last month, I was away on vacation to India. It was great. I spent time with family and traveled a bit. One thing I did notice is that in India, the presence of Social Media is not as apparent as it is here. Here, there are Twitter and Facebook icons plastered all over the place. There…well I didn’t see any.

Taking advantage of Facebook and Twitter So one thing to take advantage of, if you’re a small business here is the large presence of Facebook and Twitter. So get a Facebook page and start tweeting those deals that your company may be offering. Another reason why companies should utilize Facebook and Twitter, is that Facebook and Twitter have made it easy to integrate users with a small business. For example, a user could use a Facebook account to sign up for coupons or newsletters, while Twitter accounts can be used to get instant updates. In India, in the city I stayed in, I noticed that the celebrities talked about in the paper, did not have Facebook pages or Twitter accounts. Now celebrities are usually the trendsetters, so since they didn’t have those, I didn’t think that a large segment of the population would either.Another thing about India is that internet access is spotty and in most places, there isn’t any. There are internet cafes, but those are expensive. So, small business in India use billboards, fliers and posters to advertise.

Reasons for Being Online So, the best thing for companies here to do, which they are already doings, is to take advantage of the nice, almost widespread network in the US. Almost everyone has access to a computer at any given time, meaning that small businesses can reach a large audience and can work in various time-zones. Plus, you save on ink and paper with online advertising. Another good thing about your customers being online is the almost instantaneous feedback you get. Soon after using your product or service, customers can comment on it online on your Facebook page or on sites like Yelp. So, monitor those sites and that Facebook page of yours and if you reply to customers almost immediately after they post the comment, you’ll probably get brownie points with ’em.

Take advantage of new technology For example, one of my uncles has his own eye clinic. He also has the latest Apple gadgets available in India. I’ve never seen him with a camera, except for the one on his iPad. Once when I was looking through his pictures, I noticed that he had a lot of pictures of eye aliments. Instead of writing down a detailed description of the problem, he just uses the pictures as notes instead. So, if you small business owners have any technology, new or old(as long as it’s not a cassette tape or anything similar) take advantage of what it can do. It can’t hurt and might even help.

So, if you’re a small business take advantage of the Social Media opportunities around you and the technology you have or will get sometime soon. Preferably sometime today.

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#SmallBizChat Highlights – Tips on How to Make Your SmallBiz Website Look Trustworthy & Credible

Wednesday, July 27th, 2011

Tonight we were honored to have been the guest on the #SmallBizChat! We would like to thank everyone for participating and sharing their opinions  on the chat and would like to especially give a special thanks to Tai Goodwin and Melinda Emerson for providing us with this great opportunity. Hope you all enjoyed the chat and benefited from learning all about how to make your small business trustworthy online! To find out more information about online trust and the KikScore solution, check out our presentation regarding the topic by clicking the link below:

After reading about the importance of trust seals, we would like to offer you a 90 day free trial at KikScore. When signing up  with KikScore, use the promotional code SMALLBIZCHAT to start the free trial and publicly demonstrate your trust on your homepage!

Thanks again!

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Top Ten Reasons Small Businesses Fail, part seven: Location

Thursday, July 21st, 2011

Location

You may be familiar with the age-old expression that the three keys to success in Real Estate are “Location, location and location“. Clearly building family housing in the middle of an industrial zone is not likely to attract buyers.

Similarly, Your Small Business must be located, well… as close as possible to prospective customers. A tattoo parlor in a retirement village might attract curious onlookers, but probably not enough buyers to keep you in business. A shop specializing in infant and toddler wear in a location populated by childless professionals is likewise doomed to failure.

The strategic importance of location in the physical world may be somewhat obvious, but what about in the virtual world of online business? “Location?” you might ask. “Isn’t online everywhere??” Well, yes and no. In the case of launching an online business, location applies to the likelihood of your website being seen and visited by your prospective customer or client.

If you build it, they will come” applies only to that baseball movie starring Kevin Costner. Many online Small Business owners and operators make the mistake of believing that once they’ve built their shiny, “Web 2.0” site, their work is done. The stark reality is that merely having a website, however well-designed, simply isn’t enough to guarantee a steady stream of paying customers. A website in the forest of the Internet that has no traffic makes no money.

There are more active registered websites than there are human beings walking the planet. That’s “billions“, with a “B“. This means that many websites languish in obscurity, receiving no traffic whatever. Clearly, steps must be taken to increase the likelihood of attracting potential clients to your site.

Here’s a short list, by no means exhaustive, of traffic building tips:

  1. Register your site with the major search engines (you can do this yourself – don’t wait to be noticed)
  2. Use “meta tags” and keywords properly (click the links for guidance)
  3. Create a Google Places listing (this is the equivalent of a listing in the local phone book white pages)


Just as you cannot take your existing clients or customers for granted, you can’t take your potential clients for granted either. Businesses, Small and large, depend on the steady flow of activity from clients old and new to survive.

The Internet, fast, interactive and virtual, allows Small Businesses to compete at a level that may be impossible if they are required to maintain a physical facility. But even a virtual storefront must be properly maintained, or it will soon display the digital equivalent of a “Going out of Business” sign.


Series inspired by “Top Ten Reasons Why Small Businesses Fail” by: Connie Holt, E.A. cholt@henssler.com
The Henssler Financial Group Position Paper
© 2004 The Henssler Financial Group | www.henssler.com



Cornell Green is Your Open Source CIO, guest blogger for KikScore. Visit him at https://opensourcecio.blogspot.com

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A Conversation with Candice Cabe of “Day2Night Convertible Heels”: Venturing Into the World of Start-Ups

Tuesday, July 19th, 2011

I had the pleasure of talking to Candice Cabe, who is the CEO of an innovative startup called “Day2Night Convertible Heels.”  Her company focuses on simplifying life for women who want to be both practical and stylish.  Her business targeting women-on-the-go, and is quickly plunging into the entrepreneurial world.  We spoke briefly about her ventures, as well as what it’s like to be a small-business owner in today’s quickly-changing world of business.  Thank you, Candice for speaking to me and sharing your experiences with our readers.  We wish you the best of luck in the future!

Tell us a little bit about your business and what makes it unique.

We invented a high heel shoe that converts from high heels down to lower heels.  It is a new kind of technology.  The shoes have interchangeable heels so that women can wear the same pair of shoes but adjust the heel height.  It’ll be the first time that women can wear fashionable and much more comfortable shoes at the same time.

What prompted you to start this business?  Was there a problem you aimed on solving?

The main problem is that women love to wear high heels, but usually after a few hours of wearing them, their feet really start to hurt. They’re usually forced to carry extra shoes with them in their bag to wear to work in the morning or to go out at night.

One of the stories that I tell a lot is that I was packing for a trip – I had to go on a corporate trip down to Miami for a few days and I was told to pack lightly and not check baggage.  I was trying to fit all of these shoes into my little tiny suitcase and I noticed that I ended having three pairs of shoes that looked similar but all had different heel heights, depending on what I was going to be doing.  I knew that immediately when I was getting off the plane, we were going to be chartering a boat and going on that for a few hours, so I was going to need small heels.  Later, we were going to be walking around the tradeshow for a few hours.  I needed to look appropriate in my suit and wear medium-height heels.  Then we were going to go out for a fancier dinner at night so I needed to have high stiletto shoes.  All my shoes looked the same but had different heel heights.  Also, they were taking up so much room in my suitcase.  I thought that it would be so nice to have a travel shoe – one shoe that you can wear to multiple occasions.

What are your short-term goals for the next year?  What kind of things is your business focusing on?

Right now we’re working on refunding and financing.  We’re trying to get some money in the door to finish prototyping.  We are also going to have to invest in getting a mold made.  Once we have a mold, we’ll be able to mass-produce the shoes in China.  We’re also looking for a shoe designer and a shoe manufacturer.  We already have one, but we’re looking for an alternative one.  We’re also trying to close some deals – we’re hoping to do a licensing deal with an existing shoe company.  We’re talking to companies like Steve Madden and zappos.com.  It would be great to get a licensing deal with a larger shoe company.

What do you see as the biggest challenges for small businesses in today’s society and economy?  What do you see as the best solutions to these challenges?

Funding, for sure, is number one.  Another one is building a team and getting people to work for straight equity instead of money is difficult – so getting people to either quit their jobs or to work for you full time.

The biggest thing that I’ve done is just talk to everybody I know or everybody I can think of.  I go to a lot of networking events and tell people what I’m trying to do and what I’m struggling with.  People always want to help, especially if you specifically tell them what you’re struggling with, which makes it easy for people to introduce you to other people.

From your experience, what are the best ways to advertise yourself?  Do you make use of tools like social media?

We have been using a lot of social media tools.  We use Facebook and Twitter and we have our own website.  We’re working on search engine optimization, for example Google keywords.

Where do you go to find advice or to get information that is relevant to your business?  Where would you recommend that other small businesses in the community go?  How do you connect with other businesses?

There’s a book that I’d like to recommend to people.  It’s called The Four Steps to the Epiphany.  That’s a book that is helpful for this kind of business that can help business owners get some customers and prove that people want things in the way that you’re doing them.  It’s a good way to get information to people.

Have you had any problems with demonstrating trust to your potential clients or customers?

People seem to be pretty good with trust.  Sometimes people have issues with our particular product.  They are reluctant to believe that the product will hold up well and be sturdy enough and strong enough.  What we’ve done to reassure customers is have a couple of videos on our website demonstrating the shoes, how they’re worn, and how they work.  In the future, we’re hoping to get a lot of customer reviews, feedback, and testimonials from people.  Communication is very important.  We’re trying to put ourselves out there so that people can better understand what we’re doing.

If you could choose a dream spokesperson to represent your business, who would it be?

My dream spokesperson would be Carrie Underwood because we would love to have a celebrity that would be able to wear our shoes.  I think that a lot of people would follow suit.  She’s a rising star and an American Idol and holds a lot of credibility for young women in America.

What do you see as the future for small businesses like yours?  Are you seeing any trends or changes developing?

I’m in the startup world of Boston, which is a really big startup community and city.  It seems that more and more young folks are starting businesses right out of college.  Instead of graduating college and immediately trying to find a job, people are thinking creatively and taking entrepreneurial courses or looking up to other young startups.

Do you have any parting comments or words of advice to our readers and the small business community?

If you have an idea, you should act on it.  Ideas can be a dime in a dozen, but it’s really about execution.  I think that if people put all of their effort into starting a business…if they’re passionate about it and tell everybody they know about it, then almost anyone can start their own business.  I encourage people to start their own businesses and try to ground themselves with people who have done so and been successful.  It’s good to have mentorship from people who know how things work.

I hope you enjoyed reading this interview and I hope you gained something from Candice’s words of wisdom and many insights into what it’s like to own a start-up.  What do you think of her ideas?

Feel free to leave feedback here or contact Candice through her site: https://www.convertible-heels.com/Day2Night.html

Support her business here: https://www.kickstarter.com/projects/2072356942/day2night-convertible-high-heel-shoes

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Archive for the ‘Small Business Tips’ Category

Nonprofit or Going for Broke: Ways to Demonstrate Your Business is Legitimate & Trustworthy

Friday, July 15th, 2011

As is the whole point of our business, we’ve talked a lot about the need for ecommerce and service businesses to prove trustworthiness via their websites. However, I now want to discuss how this issue concerns nonprofit organizations, such as charities.

People can often be just as wary of donating as they are of buying. It’s not all that uncommon for people to be scammed when they only want to further some cause. However, this hurts more than the people who buy into the scams; it hurts the overall reputation of nonprofits in general. As a result, people become wary and less willing to help out a new or unknown group.

Just like any other trust-based scenario, this problem can be alleviated by taking precautions when creating your nonprofit organization.

Let Them Know Who You Are

One of the important things that continues to be essential is letting visitors to your nonprofit’s website know who your management team is. Let’s face it: if you don’t want anyone to know who you are, then you probably shouldn’t be a part of a group that deals with asking for donations. Potential donors know this and it will be that much harder to demonstrate trust.

Of course, this issue goes farther than putting a few names on your site. How can donors know the listed person even exists, let alone an entire management team? Provide your emails and phone numbers so that people can contact you with questions instead of relying solely on an ‘About Us’ page. Although this sounds so obvious that it seems strange for me to bother mentioning it, the simple touches are often the most consequential. Nonprofits are thought of as caring and helpful, so you need to provide that personal touch. If you don’t, people will wonder why they are being asked to donate money to a nameless, faceless identity and back out.

Show Them the Money

Another, more unique form of information that you should provide in your nonprofit’s website is transaction data. In this blog post, the author accurately describes the issue of real and fake charities:

“You can set up a real charity using the exact same methods. The difference: a fake charity never does anything with its cash except deposit it in the bank account of the person who started the charity. A real charity reports where their money has gone, and is accountable for its expenditures to a board of directors.”

It’s obvious that false groups will take donations and deposit them into their own pockets. After all, a fake group certainly won’t give to it’s supposed “cause.” You need to realize that people can’t always take you at your word and will want to see where their money is going. If you can show current and potential donors where donations are being distributed, they’ll be far more likely to believe in you.

License and Registration, Please

Although everyone hates to fill out forms, your nonprofit can use it to your advantage in more than the standard sense. Form 990, which is an essential IRS form for nonprofits, can and should be utilized as a source of trust-building. Since the IRS needs this form to certify that your organization is in fact a nonprofit, potential donors will look for it as a source of recognizing your legitimacy. If you can, show it on your website. If you can’t, then be prepared to present it when asked!

We all like to take each other by our words, but it’s difficult when scamming gets in the way. However, if you can take advantage of these three tips, you are on the way to demonstrating that your nonprofit really is what it claims. Get into the donor’s shoes: what would you like to see as proof of legitimacy? If anyone has some suggestions, I more than welcome them. Share your thoughts so everyone can benefit!

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