May 10, 2012 |
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- How to find money to drive innovation
Sheldon Waters, founder of DSM Computing Solutions, wants to find money to invest in innovation, but he is wary of bringing in outside investors. He could address this issue in several ways such as by considering new business models, experts say. He could also lower costs by offering employees equity in exchange for lower salaries. The Globe and Mail (Toronto) (5/9)
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| Better Sales Training
Laugh more, sell more. RealBiz Shorts are funny, short videos from Second City Communications designed to enhance your sales training with a hilarious take on critical, real-life challenges facing organizations and sales reps. The first few laughs are on us, so why not check out a preview? |
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- Develop an SEO strategy that will work for your business
There are two types of search-engine optimization: On-site SEO and off-site SEO, Tom Demers writes. On-site SEO involves tweaking your own page, while off-site SEO involves strategies such as guest blogging. While developing your SEO strategy, you should consider factors such as the size of your site, he advises. Small Business Trends (5/9)
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Management | |
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- Focus on your employees' strengths to boost your business
You can help to make your organization more effective by determining what tasks your employees are best at, Tom Searcy writes. "Reallocate activities to allow people, as much as possible, to own the activities for which they are top performers," he advises. Also, try to reduce the amount of time your employees spend on tasks at which they are not proficient. Inc. online/Explosive Growth (5/9)
- Is revenue-based financing right for your business?
Some businesses are making use of revenue-based financing, which lets them repay their loans based on their monthly revenues. "It's matched to how well you are doing, where more traditional models are not necessarily tied that way," said William Dennis of the National Federation of Independent Business. One risk to be aware of is that borrowers might lose their businesses if they aren't able to make the payments. Fox Business Small Business Center (5/7)
- Is the new BlackBerry exciting enough to make you think about buying one?
No, I was never into BlackBerry and won't start now | 43.48% |
No, BlackBerry has been surpassed by better products | 38.55% |
Yes, I'd consider getting one | 12.75% |
Yes, I want one | 5.22% |
- Is innovation a priority for your business?
| Yes, definitely |
| Yes, somewhat |
| No, we're not trying to do anything new |
- 5 ways to find the right people to sell your product
Finding the right salespeople is essential so you should be careful when adding employees, according to Jim Dunn of Whetstone Group. "A bad hire can cost you two to three times the person's annual compensation," he notes. You should also create written job descriptions and use open-ended questions to learn more about candidates during the interview process. Intuit Small Business Blog (5/9)
- The difference between tasks and projects
It's important to understand there is a difference between task management and project management. Online task management tools generally aren't sophisticated enough to use to manage a full-sized project. Before settling on a project-management tool, you should consider your needs and experiment with free trial versions. SmallBizTechnology.com (5/9)
| [C]ulture always trumps technology in adoption of new tools."
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Recent SmartBrief on Small Business Issues:
- Wednesday, May 09, 2012
- Tuesday, May 08, 2012
- Monday, May 07, 2012
- Friday, May 04, 2012
- Thursday, May 03, 2012
| | | Lead Editor: Brooke Howell
Editor at Large: John Jantsch
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