Published By Janet Gershen-Siegel at July 5th, 2019
Our researchers at Credit Suite found these ten great business tips for you! Be fierce and score in business with the best tips around the web. You can use them today and see fast results. It’s that time of year – so we’re here to help you get Amazon Prime Day sales, and even more!
Stop making stupid decisions and start powering up your business. Demolish your business nightmares and start celebrating as your business fulfills its promise.
And these brilliant business tips are all here for free! So settle in and scoop up these tantalizing goodies before your competition does!
Our first tip is all about something that’s a little bit negative. That is, it covers how to close a business and remain in compliance. And while your business will succeed (we certainly hope it will, and are here to help!), you’ll undoubtedly know some entrepreneurs who aren’t quite so lucky. So maybe pass this tip along to them, okay?
Because we know you’re going to be all right.
Score.org says it’s more than just shutting your doors one last time.
Now, do you remember when you got a license with your Secretary of State? It’s almost the same thing in reverse. That is, any business on its way out must file articles of dissolution. This is vital, as otherwise the state still thinks you’re in business. And that means they might come after you for fees in the future.
Similar to this is the advice to file an application of withdrawal. This is only for companies doing business in a state in which they’re not based. Similar to the articles of dissolution, you take this measure to avoid future fee assessments.
Therefore, if your business is in, say, New Hampshire, then you would probably need to file an application of withdrawal in neighboring Massachusetts. You may need to do the same for Maine and Vermont, too.
Note: for online sales, ask your Secretary of State and make sure you don’t miss any forms you may need to fill out for sales out of state and maybe even around the world.
Dot those I’s and cross those T’s!
The next tip is about how first-time managers can be best prepared. Succeed As Your Own Boss notes there is a major paradigm shift that goes on when you become a manager for the first time.
First-time managers are suddenly responsible for other people. And that can be daunting at first.
Perhaps our fave tip was to get your act in gear – and clean it up. As in, you’re setting expectations from the first moment of every day. So if you’re habitually late, then the time to cut that out is yesterday.
Of course this involves all sorts of other ways to behave professionally. It means not favoring people. And it also means getting off the office gossip train.
We also loved this tip. Your team is – shocking, we know! – composed of actual human-type people. This means they have ambitions and fears and weaknesses and strengths. They have histories and quirks and they just might have hidden talents. So don’t shut your door. Make sure you spend time getting to know them as more than just the people who help you get stuff done.
Our following tip concerns how to influence buyers with the power of your brand personality. Buzz Sumo tells us it goes past brand voice. Although to our eyes, the brand voice seems to be a large part of it.
It goes beyond how you speak and write. It also has to do with aligning your words to your deeds. And it means your brand has values.
Have you been noticing various brands getting political? It doesn’t has to be big and in-your-face. Sometimes it’s as simple as teaching a trans son how to shave. Or it can be how REI actually closes its doors on Black Friday – because they’re all about getting people outside.
This isn’t about CEOs making gaffes and turning off a big percentage of their customer base. Well, not really. It’s more about how your brand shows empathy for your customers and prospects.
So if you own a salon, it could be about how anyone can be beautiful. Own a long haul trucking company? It could be all about love for the open road. So do a little thinking about what your brand can really mean. You might find you connect even better with your prospects and customers.
And that’s exactly what you want to be doing.
For our next tip, we looked at how to sell to executives. Sales Hacker has all the details.
Our favorite tip was shamelessly stolen from Apple. That is, keep your presentations at or under 10 minutes. Yeah, really? Apparently it’s supported by neuroscience! But no matter what, we all know we’ve got shorter attention spans these days.
You know, squirrels.
So keep it short and sweet. Your audience has very little time! So you have got to respect their time, and their schedules. If you don’t, then you’ve just shot your presentation in the foot.
Don’t do that.
This tip is so cool, and it works! Success Harbor notes there are ten great sales tactics that work. So get ready to increase your sales.
Our fave tactic is to consider branching out to new and different demographic groups. How so?
Let’s say your demographic is small, or it’s shrinking. If you’ve ever sold dial-up modems or tape recorders, then you know this all too well. So as you watch your demographic shifting, you’ll need to shift, too.
But the bottom line is: this entire article is fantastic and we highly recommend reading the whole thing.
After all, you want to sell more, right? Otherwise, er, what’s the point?
Grab this tip while it’s hot!
It’s July, and you know what that means! Amazon’s annual event is just around the corner. So here’s how to get coveted Amazon Prime Day sales. Small Biz Trends says this amazing event is in its fourth year. And last year, merchants raked in a cool billion in sales! During just that one event.
So according to the source itself, Amazon Prime Day sales are on July 15 and 16, 2019. Yes, the ‘day’ is now two days long. You’ve got the chance to get twice as many Amazon Prime Day Sales!
So, what are you waiting for?
Getting ready for Amazon Prime Day sales isn’t just about tossing an ad out there. It’s about things like getting your inventory ready, and making sure you’ve got the right kind of selling account.
Our favorite tip was one we feel a lot of entrepreneurs might overlook. And that is to set aside a larger budget for keyword advertising. Price per click is bound to go up now – everyone wants in on Amazon Prime Day sales! So a bit of getting ready for Prime is just to abide by that old adage – you’ve got to spend money to make money.
And by the way, if your company doesn’t sell on Amazon, you can still take advantage of Amazon Prime Day sales as a buyer. And be sure to use an Amazon business credit card! They report to both Dun & Bradstreet and Equifax. And we just so happen to offer them through our Business Finance Suite.
Check out this tip, all about scheduling software. Join Home Base tells us there are seven terrific players in this space (as of the writing of this blog post).
Consider how your schedule is put together. Does an assistant help you? Do you do it on your own? Either way, it can be kind of time-consuming. Not to mention all the back and forth.
Tuesday? No, wait, that’s when I take the kids to soccer. Friday? Nope, it’s the sabbath. Monday? I’m booked solid.
You get the idea. So with scheduling software, the back and forth is virtually gone. Customers and prospects just choose the time and date they want and that’s that. And if they change their minds, or something comes up, no problem! With scheduling software, they can just fix the issue on their own and, for the most part, you don’t have to be a part of it at all.
It’s not your imagination: this tip can turn your home-based business into something to be reckoned with online. The Self Employed has the details. Some of this may be familiar. But it certainly bears repeating.
We love this tip because we tell new business owners to do this. All. The. Time.
A professional website makes a difference when it comes to credibility and sales. These days, there really is no excuse to not have a pro website. Seriously. Go to Upwork or Fiverr and get help with design and you can be up and running in no time.
And a non-professional website? It’ll cost you in sales. Would you want to do business with someone who couldn’t even be bothered to make their website user-friendly?
And don’t get us started on businesses with no online presence. Don’t. Just, don’t be that business.
Our second to last tip can give you a new perspective on how to smartly finance your startup. Young Upstarts notes there are some great, outside-the-box ways to fund a startup company. We also recommend grants and crowdfunding. And there’s a special place in our hearts for angel investors and venture capitalists. Plus, of course we think business lines of credit and microfinance are fab.
But Forex trading? Seriously?
What an interesting idea! Foreign currency trading isn’t for everyone. And, it should go without saying, you need a reputable, licensed broker. But it can all be done online. And, once you get good at it, it can be truly help you raise the capital you need to start and run a business.
Pretty cool, eh?
We saved the best for last. For our favorite remarkable tip, we focused on terrific emails you can write to follow up – and get results! Sumo says there’s an art and a science to following up. And you absolutely should follow up – you can raise response rates that way!
Consider this – how busy are you? How busy are all of us these days? If you’re like your intrepid blog writer, then you barely have 2 free minutes to rub together. And you see tons of content all the time. As in, blog posts, music, newspapers, videos, heck, even billboards. Messaging is everywhere!
So things fall through the cracks. Following up gets your product or service back to the top of your prospect’s inbox. And it gives you a chance to be personable. It even gives you an opportunity to address concerns and objections.
We highly recommend checking out this article in its entirety. Yes, it’s that good.
So which one of our brilliant business tips was your favorite? And which one will you be implementing now?