AVOID THESE MISTAKES:
EVADE THE NECESSITY OF WRITING A BUSINESS PLAN
--Start with an outline
and grow to a full plan that
contains the budget, marketing
plan, goals, etc..
Planning is essential
to growth & success.
* Don't try to compete with major stores....offering
a product that is
unique (or exclusive) or that is
widely in major stores.
LEARN THE LAWS THAT PERTAIN TO YOUR BUSINESS--
various laws & regulations, such as:
Regulations for Mail Order and
Laws via the Federal Trade Commission
* Don't limit your product line to only 1 or 2 items.
income will suffer if your inventory is low.
* GET THE
PROPER BUSINESS LICENSE,
name your business,
choose a logo, print up
business cards & brochures;
file your DBA; do what
your State requires from business;
...eventually set up a
corporation for asset protection.
DON'T FORGET TO TAKE TIME TO READ & STUDY
books, manuals, articles,
etc. that contain good info and
resources for your business;
or material written
by experts in the
Good Marketing Strategies--
The first important aspect
of any business is to offer something valuable & unique to customers and/or clients.
You must have at least one product, book, or service that is unique and desirable.
A small (home-based business) must have something
better (or exclusive or cheaper) to offer than what is available in major stores.
"Small or home-based businesses must focus on offering products
or services that are unique (exclusive, rare, or discounted) --- and not
the same things that are offered in the big stores. Don't start up
a business selling WIDGETS, if they are sold at HOME DEPOT
...unless your Widgets are extremely better, cheaper, different or
unique. Unless you want to climb uphill to the bottom...
IT IS NOT A GOOD IDEA to start out trying to compete against
Wal-Mart, Sears, Office Depot, GNC, etc."
Next, you must find out who
and where your market is.
Who wants what you have?
* NETWORK --
get out to events, meetings, flea markets,
ball games, clubs, etc. and distribute your
business cards & brochures or conduct surveys.
The next important ingredient to your business success is to find affordable
and effective ways to advertise
what you offer.
HERE ARE SOME SUGGESTIONS:
· Use the many “mail order” services which offer low cost advertising.
· Place classified ads instead of big expensive display ads.
· Purchase or gather your own mailing list of potential customers.
· Use email marketing & autoresponders.
- OFFER A FREEBIE—to customers who respond.
USE POSTCARDS (inexpensive postage & very effective)
· Do a “CONTEST”--- or drawing.
People enter with their names, addresses, etc. (leads)
· Set up your own WEBSITE….
Use your website to:
Display and sell your products & services
Promote the benefits of your products or services.
here to get more info on BUSINESS MISTAKES TO AVOID online.
You can increase your revenue from first-time
customers by 20% to 30%...
It's called "upselling" or "piggy-backing"---
Generally, once people have made the decision to
buy your products (or service) -- they will most likely
want similar or related products.
the power of the Subconscious Mind !
A workbook and manual filled with info, resources, and websites
to help you create a profitable enterprise--
HAVE A MILLION DOLLAR DAY..
(or at least earn enough money to stop
worrying and be happy...)
Plus this manual contains a section of "Success Secrets" written
by real people who have become successful.