September 19, 2012 |
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- 3 steps to simplify your business for a serious boost in success
Most businesses become more complex as their client base grows, their product portfolio expands and their internal structures evolve to meet changing demands, Mitchell Osak writes. But while some of those developments "can differentiate a company" from competitors, they can "also burden it with undue complexity -- much of it hidden and insidious." Identifying and cutting unnecessary complexity can lead to huge annual savings and profit margins, provided you don't let it creep back, Osak explains. Financial Post (Canada) (9/12)
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- Exciting new Twitter features that can benefit businesses
Twitter has unveiled a number of new design features pertaining to users' profile pages -- and the changes present marketers with an excellent opportunity to "more fully showcase their brand's personality and vibe" to customers, Scott Levy writes. Marketers should get creative with the new header image that will be visible to iPad, iPhone and Android users, along with the increased background design options and a 160-word bio positioned over the profile photo image, he advises. Entrepreneur online/The Daily Dose blog (9/18)
- The "means" for sending better sales messages
A strong sales message should be simple and achieve two main goals: Convince prospects to buy and current clients to keep buying, Geoffrey James writes. Sales professionals should communicate using "means" messages, which explain to prospects and clients what you and your product can do for them, sales guru Dean Schantz advises. "Means" messages focus on prospects and clients' concerns and make it easier for them to understand the importance of your products. Inc. online/Sales Source blog (free registration) (9/18)
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Management | |
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- Why your micromanaging is hurting your business
If you can't let your employees make even tiny decisions without asking you, seldom seek their input when giving instructions and sometimes find yourself doing their work for them, you're micromanaging -- and it's likely hurting your business, experts say. Seventy percent of employees say micromanagement has hindered their job performance and 3 of 5 people cited it as the reason they left their job, author Harry Chambers writes. Intuit Small Business Blog (9/18)
- Adjust the thermostat to boost employee productivity
When the temperature in an office is 68 degrees or lower, employees in a Cornell University study made 44% more errors and were less than half as productive as when the temperature was set at a comfortable 77 degrees. Another study found when people are cold, they're more likely to see others around them as less generous and caring, which can have an effect on workplace relationships. Fast Company online (9/17)
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| Free Guide: Ten Steps to Email Success
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- Smart pricing strategies that can boost business
You can get better prices for your products if you vary them according to tweaks to the products and services you deliver, writes Jeanne Rossomme, president of RoadMap Marketing. For example, set up a range of prices based on service level or speed of delivery, with a higher price for more hands-on service and quicker delivery. You can also "create packages at three price points," she writes. SCORE Small Business Success Blog (9/17)
Tips & Tools | |
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- What to do when you're looking to lease new office space
No business needs a bad landlord on top of the other issues it has to face as it works to grow and remain successful. Before you sign a new commercial lease, you want to do your homework and ask plenty of questions, accountant and financial consultant Angie Mohr writes. Be sure to ask about the landlord as well as the property itself, and look into his finances because you could be out on the street if the property is foreclosed on, she advises. Intuit Small Business Blog (9/17)
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| Tackle privacy concerns with a Value-For-Data Exchange
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- Nursery takes an innovative approach to bring in more babies
With fewer young children, a kindergarten in North Fyn, Denmark, is trying boost its numbers by giving parents time to make more babies. They are offering two hours of free evening care so parents will have some time alone outside of work hours. Still, parents might not cooperate with the plan. "Lots say: 'We'll bring our children to the party but you won't be getting any more children out of us!'" nursery worker Dorte Nyman said. BBC (9/13)
| Although it's probably true that no one can handle the job like you can, you should ask yourself whether it has to be done your way."
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Recent SmartBrief on Small Business Issues:
- Tuesday, September 18, 2012
- Monday, September 17, 2012
- Friday, September 14, 2012
- Thursday, September 13, 2012
- Wednesday, September 12, 2012
| | | Lead Editor: Brooke Howell
Editor at Large: John Jantsch
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