ADUTAINMENT: Advertising as Entertainment
JellyBasket.com - JELLY by the CASE or as a GIFT BASKET.
Countrywide Home Loans Offers Mortgage Insights to Educate and Empower First-Time Buyers
Home loan experts suggest managing your mortgage can make home buying easier.
6 Basic Steps To Start Your Own Business Online
Do you know, besides being an information powerhouse, the Internet is a source of living for millions the world over? YES, that?s a fact! Internet is revolutionizing the lives and livings of millions of people cutting across the international boundaries. Online business is one such trend that?s catching up fast and fascinating the people from every strata of the society. But as with every other business, you need to get your basics right and acquire the requisite tools to succeed in online business. There are some basic steps that you have to follow to start your own profitable business online.
5 Ways to Educate Your Prospects for More Sales
It's impossible to sell a product or service without demand – no matter how low the price or how big the discount.Education-Based Marketing creates demand by showing the prospects why they need your products and services, how to make intelligent buying decisions, and how to best use it after they buy.
The FTC Purports and Misrepresents Their Law Enforcement Experience as It Attacks Business
We should all give much kudos to the Federal Trade Commission. We sincerely compliment you on your misdirection, smoke screams and use of self-aggrandizement to further justify the on-going ability to govern, lead, legislate, regulate, and enforce law in the franchising industry.
Google Certifies Analogy Marketing President Michael Ullman as AdWords Qualified Professional
Analogy Marketing announced today the certification of Company President Michael Ullman as "AdWords Qualified Professional". Google's recognition is part of the search giant's program to help identify companies and individuals that have achieved a high level of expertise and experience using it's AdWords PPC advertising program.
Communication Skills Critical to Business Success, Says MBA-Business-Schools.com
MBA-Business-Schools.com, an extensive online resource for business education, recently released an article discussing the merits of a communications emphasis when obtaining an MBA. In a survey conducted by the Association to Advance Collegiate Schools of Business, MBA grads rated personal communication as the most important business skill. MBA-Business-Schools.com provides visitors with information on top business schools, as well as articles providing expert guidance on the topic of business education.
Public Relations: Antidote for Small Business Failure
When small businesses fail, the wreckage is often assigned to
undercapitalization, among other mistakes. Seldom is failure
attributed to a lack of effective communications that might have
modified the behavior of sales prospects in a positive way, thus
averting bankruptcy.
GridVerts.biz Implements Explosive New Internet Advertising Concept
GridVerts.biz takes several successful Internet strategies and molds them into a completely new and innovative advertising business that promises to be both wildly popular and valuable to their clients. Having recently launched not only their flagship site, but several more focussed sister sites, the brand is set to become a phenomenon in its own right.
How To Choose A Security System For Your Home Or Business
This is not necessarily an easy question to answer right off the top of your head. For you see there are many important variables that must be considered before making the decision on how to best protect your home. Do not take this lightly and make the mistake of rushing into this decision. The wrong decision can cost you time energy & money in the long run.
The 9 WORST Internet Marketing Mistakes
Have you ever wondered how can you possibly figure out how to market your Internet business when you're bombarded with so much conflicting information? Lots of "how to" advice applies to many online businesses.But avoiding common marketing mistakes will work for EVERY business.
The Internet Can Help You Operate A Home Business
The Internet has created a wave of new trends, including online home businesses. In the past, people had to leave their homes and commute to work in order to spend the day at the office. Now people have the option of starting a home business and can stay home with their families while they are working. The ability to create your own work schedule means that more people are able to spend more quality time with their loved ones and less time working away from home. One disadvantage, however, is that in some occupations, the Internet has become saturated. This prevents people working in certain fields to successfully work online.
Making Quick Cash With A Business Website
A business website can make a lot of cash if they provide the right products and services. You can start your own business website that can draw customers to you. It is important to start a business that you are most interested in. Having a business that sparks your interest will increase your motivation. Many of the online businesses are ones where you can purchase an item or items, such as clothing, or jewelry. You can make the clothing yourself or purchase it through another company and sell it. Many of the lower priced jewelry websites specialize in estate or costume jewelry. A newer trend is to design and make your own beaded jewelry, which has become popular with younger girls and teens.
Leading Website Testing and Targeting Provider SiteSpect Seeing Strong Growth in the First Half of 2008 : As marketing budgets shift from offline to
SiteSpect, Inc., the leading provider of non-intrusive multivariate testing and behavioral targeting technology, today announced extremely strong customer growth and market traction in the first half of 2008. The company has recently signed up numerous marquee customers including:
Wii Shop: Enjoy The Next Wave Of Innovative Party Video Games
The Wii is top of the line among the next generation gaming consoles. It is a groundbreaking system that integrates various facets of game play into its structure. You are no longer limited to using just one handheld controller. The Wii has made it possible for you to be physically involved and interactive with the game you play.
How To Set Up A Business Selling Your Own Shopping Cart Solutions
As we speak, an endless number of small, medium & large companies in all types of niches are planning to build their web presence. It doesn't matter what they sell - some may be import/export companies, others might sell DVDs and others still may deal solely in digital products. Some will have turnovers that barely touch $100,000, while some will be yielding millions per year.
Value Drivers for a Small Business
Hire more sales people. Spend more on marketing and advertising. Downsize operations and service. Sell more to existing customers. Fire middle management.
As a small business owner, you have heard, considered, or even taken some of above measures in an attempt to make your business more profitable. While these measures can have a positive impact on the bottom line, can they really have a positive impact on your company?s business valuation? Will they maximize your company?s purchase price when you decide to sell your business? Let?s take a look at some of the key value drivers that can influence a business valuation, above and beyond financials.
Product Differentiation
Does your company have a unique recipe, one-of-a-kind formula, proprietary process, or other brand characteristics that differentiate your products from its competition, thus differentiating your company? How do you stand out from the noise in your industry to differentiate from the competition? A competitive small business that is highly marketable to business buyers should have at least one of the following characteristics when compared to its competitors: faster, cheaper, better quality. These traits are value drivers and when properly positioned, can positively impact a business valuation and perceived value from a prospective buyer.
Market Defensibility
Have you secured customers or partnerships that are loyal to you, regardless of competitive threats? Such scenarios can significantly drive the value of a business because you all but eliminate the competition and maintain a stable, predictive presence. A defensible position is something that is very difficult to replicate. This could be a product or service you have developed that is beyond the reach of your competitors due to the costs, time, and resources required to ?catch up?.
Proprietary Technology
Has your company developed a unique application, tool or technology as part of its ongoing operations? Does it give you a competitive advantage? If so, this proprietary innovation or intellectual property can be positioned as a key value driver for your business. Technologies or processes do not have to be patented to carry value but privacy and confidentiality must be maintained. It is critical that non-compete and confidentiality agreements be strictly adhered to and enforced by the company, before and after a transfer of ownership. The benefits, application and purpose of your proprietary technology should be explained to a business valuation consultant.
Strong Market Share
Is your company head-and-shoulders ahead of its immediate competition? Has your company executed a roll-up strategy to buyout the competition? If your company has been and continues to be a high-profile leader in its market, a major value driver in a business valuation is dominant market share. In addition, you may not be the leader in your space, but if your brand recognition, service/product reliability and customer satisfaction are very high, this can be very attractive to a strategic buyer. This driver of goodwill should be adequately presented to an expert when conducting a business valuation.
Repeat Customers
Is your business successful due to repeat business, year after year? Do you have long-term contracts that exceed 12-months? A value driver in contract or service-based operations is loyal customers who continually require the company?s offerings due to their levels of satisfaction and consequent brand loyalty. It is important that your business not be too reliant on a handful of major clients where if they left, your business would be significantly damaged. A good rule of thumb is 25% of your revenues should not be from less than 5-10% of your clients. Should the majority of your company?s revenues come from a few customers, a discount will be applied to a business valuation due lack of uncertainty and stability.
Loyal Employees
What is the average length of employment amongst your staff? A responsible business buyer will be looking for opportunities where the current staff, especially management, will remain in place, following the current owner?s exit from the business. Having key employee contracts, non-competes, but more importantly a loyal, dedicated staff that is committed to the companies success regardless of ownership change will be highly valuable to a prospective buyer and thus reflected in a business valuation.
Production Advantages
Has your company found a way to be a low-cost producer or its products or services? Businesses that can effectively bring their product to market below the market average do have a cost advantage value driver. This can be achieved through key production partnerships, lien operations and financial commitments, unique employee contracts, etc.
There are many value drivers that can be found within any small business and influence business valuation; these should be investigated on a case-by-case basis, ideally with the assistance of a professional consultant. Take a closer look at your operations to uncover some of the hidden gems and unique benefits your business has to offer future buyers. While primary drivers will be reflected in your company?s past and future financial performance, some of these intangible value drivers can enhance a buyer?s perceived value of your business leading to a higher purchase price. You cannot reap rewards overnight, but a systematic emphasis on how to your increase your value through day-to-day operations will set you on the right path for higher financial rewards when you are ready to sell your business.
Scott Gardner is President of Fair Market Valuations, one of the nation?s largest networks of business valuation consultants. Scott has been working closely with business owners for more than 10 years, ensuring their sales, marketing, financial, and exit objectives are successfully executed. With more than 400 experts serving all major US markets, Fair Market Valuations delivers face-to-face business valuation to small business owners seeking a future exit from their companies. He can be reached at sgardner AT fairmarketvaluations.com or 877-VALU-BIZ for more information.