Tuesday, April 29, 2014
Fitness Tips for Small Business Owners
Small business owners would love to be more active, but when
long hours in the office or store run into the evening it can be hard to fit in
any exercise. This lack of movement is only exasperated by the fact that many
business owners sit behind a desk most of the day which can add to health risks
overall. The good news is that being a business owner means you can add
flexibility into your schedule and with some planning and creativity, being
more active can be easily attainable.
Simple changes in a work space can help aid in better
fitness. For starters, invest in some form of a standing desk instead of
consistently using a traditional, sitting desk. Standing, as opposed to sitting
down, helps to increase blood flow throughout the body and especially to the
brain as well as better posture and improved alertness. These changes in the
body can help health overall, not to mention increased blood flow to the brain
and alertness will help with efficiency and accuracy with work.
Although professional experts suggest purchasing a
retractable desk there usually is not an extra $1,000 in the business’s budget.
A great alternative to purchasing a standing desk is utilizing a high cabinet
or even adding a small podium to raise your existing desk. If standing for long
periods of time to work seems overwhelming, start by setting a goal to stand
while completing certain tasks or for set time periods throughout the day and
build from there.
A more common change that helps boost overall fitness is
replacing a regular desk chair with an exercise ball, also known as a yoga or
stability ball. Making this easy switch can benefit health by engaging and
strengthening core muscles and improving posture. For those suffering with back
pain, using a stability ball for desk work has been proven to give some relief.
When choosing an exercise ball for this purpose, make sure you can sit
comfortably and easily reach all the necessary items on your desk.
Instead of everyone piling into a conference room to meet,
why not have walking meetings? Since small business owners usually have fewer
employees than larger corporations, walking meetings are completely possible
with a smaller group of colleagues. Have a conference call for the next hour?
Why not take the call on the go! Using meeting time that is otherwise spent
sitting in a chair or on the phone is a very easy way to fit in your daily exercise
and start getting more fit.
Many small business owners do not have enough time in their
days to get to the gym or go for a long run. But, owners also have the
flexibility to work fitness in throughout the day when they can – items like
standing desks and stability ball chairs as well as walking meetings are simple
ways to improve fitness without using a large amount of time. By making simple
changes to the things that are done in the office every day, business
professionals can take big steps to being more fit and more healthy.
Now that we have you straightened out on fitness, let's get
you started making more money! If you are interested in having a small business mentor like Stacy O'Quinn, click here.
*Photo Courtesy of Joe Hoover via Creative Commons License
Posted by STBW at 6:52 PM 0 comments
Labels: small business
Saturday, April 26, 2014
Finding the Right Staff to Expand Your Small Business
How to Choose the Right Employees and Help Pave the Road to Success
Congratulations –you struck out on your own and started a small business but you have managed to be successful and
expand your current company. It is now time to start the sometimes dismaying
process of hiring more employees to help carry the growing workload. It can be
difficult for small business owners to not only find qualified candidates but
also be able to retain their employment over time. It is important to ensure
the right people are being hired for the job in order further the business’s
success.
Stop Filling Positions
Too often hiring begins with the idea that positions need to
be filled. Secretary, vice president, and account manager are titles and
business owners are quick to fill a specific role. A better way to begin is to
determine if the business needs more support–look at the entire workload, evaluate
the culture and gauge current employee’s stress levels. Once it has been
announced that the company is hiring, take interest in how a candidate’s
personality, work ethic and skill set fit into the business’s culture.
Use a Hiring Window
Business owners will usually jump to hire the first
“qualified” candidate that applies for an open position but hiring this way short
hands the business on finding the best possible candidate. Set a time frame in
which to conduct interviews and, instead of hiring the first candidate that
meets the requirements, use the entire window to interview as many individuals
as possible. Only make a final decision when the window has passed – doing this
gives you more options and more time to make a great choice.
Have Candidates Demonstrate Their Skills
Business owners usually read a list of skills off the
candidate’s resume. Although this is a simple way to understand and evaluate an
individual’s skill level, it can also be effective to have the interviewee
demonstrate those skills. This allows business owners to see first-hand what
the candidate can do and better evaluate their skill set. Although putting a
candidate on the spot in this way may be uncomfortable, there is nothing
unprofessional or unfair in asking them to do so.
Probation Periods are Important
Hiring a candidate should never be the end of the process –
many business owners forget the importance of a probation period. During this time,
the individual should meet the rest of the staff and begin working. Once this
period has passed, review their performance and discuss whether the business is
a good fit for them as well as them being a good fit for the business. There is
nothing wrong with discovering an individual and a position are not a match and
interviewing other candidates.
When it comes to expanding a business, having the right
talent on board to help the company be successful it vitally important. By
implementing these hiring techniques, business owners can find the right
candidates for their company and ensure continued success down the road. By
leaving options open and understanding that candidates are not simply bodies
within a position, business owners can choose the best possible people for
their team and relieve some of the stress of finding new talent.
Would you like more help getting your small business
organized? Stacy O'Quinn serves as a small business mentor to dozens of
business owners and he can help you too! For more information about Stacy,
click here.
*Photo Courtesy of bpsusf via Creative Commons License
*Photo Courtesy of bpsusf via Creative Commons License
Posted by STBW at 10:00 AM 0 comments
Labels: small business
Thursday, April 24, 2014
Is Your Small Business “Green”?
Tips to Help Your Business Go Green
In today’s business market, “going green” is something that
many companies are taking into consideration – the buzz around renewable
resources and becoming environmentally friendly reaches not only business
owners but also consumers. In recent years, discussing and implementing green
business practices, products, and services has become expected and something
that consumers look for when they consider a company.
Although solar panels on the office roof may not be in your budget, there are
some things that can be done to help the business “go green” without breaking
the bank.
Stop Using Disposables
On average, an office worker uses up to 500 disposable cups
within one year – it has even been estimated that office workers go through
enough disposable products such as plates, cups, and silverware every year to
circle the Earth 300 times! A great way to combat this and take small steps
toward green business is by purchasing reusable kitchen items for the office.
Although this has a much larger cost up front, it will significantly cut down
on the amount of garbage being created in the office. Also, purchasing reusable
items can help the business save money over time by not having to purchase
disposables periodically throughout the year.
Use Virtual Meetings to Reduce Travel
Traveling for meetings or visiting clients can use a lot of
resources and fumes from vehicles that can be harmful for the environment.
Instead of hopping in the car to meet with colleagues, using virtual meeting
tools can help to reduce fuel consumption, saving you money and doing less
damage to the environment. Even though virtual meeting tools can be expensive,
there are a number of low-cost and even free meeting tools available to
businesses online. If you are concerned about sharing documents or not having
face-to-face interaction, a number of these conferencing tools allow clients to
video chat, share documents, and use a simulated white board during their
meetings.
Use Paper Wisely to Save Energy
Although using paper in the office does not have a direct
effect on the environment, the way this valuable resource is produced and
shipped definitely does. Paper manufacturers consume a huge amount of energy
when harvesting and shipping trees, processing them into paper and shipping the
product out to different retailers. In order to make the most out the paper you
have on hand and cut down on energy consumption overall, make sure to only
print documents when it is absolutely necessary and try to print double-sided
copies whenever possible. Not only will reducing paper consumption help the
environment, it will also help cut down on office supply costs for the
business.
More often than not, going green within a business not only
has a huge impact on the environment but also a positive impact on the
productivity and efficiency within the business. By using reusable products,
cutting down on paper usage and utilizing virtual meeting tools businesses can
easily and inexpensively take steps to become more environmentally friendly. An
added bonus of implementing these tips is that they can also help the business
save money over time, which is just one more reason for you to consider making
your small business “green”.
Do you need more help with your small business? Stacy
O'Quinn would love to serve as your small business mentor. For more information
on how Stacy can help you, click here.
*Picture Courtesy of epSos.de via Creative Commons License
Posted by STBW at 2:50 PM 0 comments
Labels: going green, small business
Sunday, April 20, 2014
Improve Your Customer Service and You Will Improve Sales
Why Customer Service is So Important to Any Business
Customers are the reason
that every company is in business – without them, there simply would be no
business. That is why customer service is so important to not only large
corporations but also small businesses. Depending on company’s structure,
customer service efforts are made in person, over the phone and/or through
email. Since customer service personnel may be the only contact to customers,
it is important provide the best service possible.
Great Customer Service Can Put One Business Above the Rest
In a competitive market,
great customer service can be the key to setting your business apart from the
rest. If two businesses offer the same products or services with similar
pricing, how does a customer make their decision? In most cases, it is how they
are treated and how valuable they feel their business is to the business.
Positive Publicity from Great Customer Service
When customers have a bad
experience with a business, studies say they will tell at least ten other
people. Social media has taken this one step further and bad publicity can
reach further into a customer base. Because of this, it is important to provide
great service and have customers leaving their experiences with your business
carrying smiles and happy stories to share with their family and friends. Word
of mouth publicity is one of the biggest marketing resources, so make sure the
message is a good one!
Great Customer Service Can Resolve or Eliminate Complaints
When customers have
unresolved issues or complaints, it is common for them to register their
grievances with organizations such as Consumer Affairs, Better Business Bureau,
or even take it to the court system. Situations like this can cause major
damage to a business’s reputation, not to mention its sales. In order to avoid
issues that escalate to this level, it is important to implement and uphold a
high customer service standard.
Customer service is a
high calling – dealing with disgruntled, unhappy customers is tough. But, when
it comes to maintaining and increasing sales as well as protecting a business’s
reputation, great customer service is the easiest way to make an impact and
have customers telling others about their positive experiences. You may
not be able to satisfy every customer, but you have to try. Even the effort
will be recognized and that can be the difference in customers using you over
your competitors.
Looking for more tips on how you can make your small business successful? Contact Stacy O'Quinn today, click here.
Posted by STBW at 11:58 AM 0 comments
Labels: small business
Wednesday, April 16, 2014
Saving Money on Your Small Business Marketing
Getting the Most Bang for Your Marketing Buck
When starting a small business, knowing where to invest time
and resources can be a delicate balance. One of the areas that many small
business owners neglect is marketing under the notion that they do not have
enough funds or hours in the day to make a big impact on their customers.
Marketing is essential to launching a business and maintaining a strong
customer base. When money is tight, there are some ways to help stretch your
marketing dollar without sacrificing quality.
Do Not Recreate the Marketing Wheel
When developing a new marketing campaign many business
owners start from scratch creating content such as posters or advertisements.
More times than not, small businesses are generating marketing pieces that
already exist or is very similar to what they have already done in terms of
overall style and message. Instead of wasting time and resources starting over,
it is much more cost effective to look at older campaigns and see if elements
that have already been established can be repurposed.
During the brainstorming phase, pull out old marketing
pieces such as flyers, emails or postcards – review these pieces and see if
they can be tweaked to fit the current campaign. Unless there has been a major
overhaul in the branding or messaging of the business, these older materials
can be used as templates for more current marketing pieces. Reusing old files,
even as just a skeleton for new content, will help eliminate unnecessary work
and give a basis in which to work from with the new content.
Be Efficient with Content Creation
In the small business world, there is usually one employee
who handles creating materials for a marketing campaign. This person creates
one version of a marketing piece at a time and then customizes this single
piece into multiple other versions, one for each local market or customer base.
Although this may seem efficient, creating and finalizing pieces in this manner
can be time consuming for the employee and a long run process for the business,
not to mention financially straining.
A simple way to streamline this process is by bringing in a
professional graphic artist to help with customization. Once the main marketing
piece has been created, a graphic artist will be able to create the individual
versions that are needed for each market segment quickly. Although this may
seem like it would cost more money, graphic artists can be much more efficient
with small changes and allow the in-house employee to move on to the next
marketing piece and using their time more wisely.
Utilize Distributed Marketing Solutions
Content creation is usually what small business owners
pinpoint as the most expensive aspect of marketing – in reality, planning,
implementing, and distributing campaign materials can be where most marketing
dollars are invested. For business owners on a budget, this can be a daunting
and even panic inducing thought. To manage this process correctly and within
budget, consider using a marketing solutions program to help save money and
keep timelines on track.
Small business owners face many challenges and knowing where
and how to invest money can be one of the biggest issues. It is vital to
remember the importance of marketing in order to build a solid customer base – even when funds are scarce, there are ways to still
implement a successful marketing campaign without breaking the bank. By
streamlining content creation and utilizing the services of professionals,
small business owners can get the most bang for their marketing buck!
Need more tips on how to operate your small business more
successfully? If you need a small business mentor, Stacy O'Quinn can help! For more information
about Stacy, click here.
Posted by STBW at 5:42 PM 0 comments
Labels: small business
Sunday, April 13, 2014
How Small Business Owners Can Save Money
As a small business owner, I am always looking for ways to
save money in my daily operations. In addition, through meeting new people, I
find ways for people to save money in different types of operations. I have put
together a small list of the things that I think will help most of you keep
some extra money in the bank and allow your business to continue to grow.
·
Contract Workers or Work from Home Employees -
depending upon your business, you may be able to take advantage of some tax
laws that enable you to employ contract workers. If so, you will notice a
significant decrease in the payroll taxes you have to pay. Even if you cannot
hire contract workers, allowing your staff to work from home often results in
lower salaries, since they have no travel costs. Explore both of these options
if available.
·
Office Share - do you really need a full time
office? Renting a space can be very expensive and for many business owners, it
is a complete waste of money. If you are only bringing clients into your office
occasionally, consider splitting an office with another business or using a
company like Regus that allows you to use an office only when you need to but
also provides a very professional set up when the office is in use.
·
Advertising - you would love to have a
commercial for your business, but you cannot afford it. Have you ever
considered doing a YouTube commercial instead? You can promote it in on your
social media channels and it will help in your overall rankings!
·
Vendors - if you are physically buying products,
your vendors can provide significant savings in several different areas. For
instance, they may offer a discount if you buy in bulk. If you are able to get
terms, you may be able to purchase products that you can sell rather quickly
but would not normally be able to front the money to purchase. Even if you make
a smaller percentage on the sale, it is found money because you were not even
able to offer the product before! In addition, vendors will sometimes help with
advertising and marketing if you are highlighting their products in the
campaigns.
·
Buy in Bulk When Possible - look for items that
you use all the time, like paper, ink, etc... When good deals come up, buy
these items in bulk when you can. For instance, an office supply store offers
100 percent rewards on up to five cases of paper. You use about one case per
month, but you will eventually need to use this paper. Why not buy the five
cases now and get all of your money back in rewards points? Now you have all of
the money you usually spend on paper to spend on other supplies or perhaps
boost your advertising efforts.
When you own a small business, you need to get creative when
it comes to the monthly budget. Take a hard look where you are spending your
money each month and there are surely more than a few areas where you can trim
the budget or use some of my suggestions here to save money.
*Photo Courtesy of 401(K) 2012 via Creative Commons License
Posted by STBW at 9:59 AM 0 comments
Labels: small business
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