Startups are sprouting like mushrooms everywhere; and they offer just about everything from conferencing services and cool groomsmen gifts to domain names and engravable cufflinks. Before you jump into the fracas, however, and make a startup of your own, take the time to draft a plan. While all startups have no problems starting, most have trouble surviving. In fact, more than half of all startups established annually die quickly, sputtering out within months of operation. By creating a business plan, you make sure you are not entering the market with rose-colored glasses.
The first rule of startups is to be first. If you can’t, then be the best. If this isn’t possible, then be the cheapest. If even this is impossible as well, then the least you could aim for is interesting.
Here are five startups you most likely have not heard of. By virtue of being first and interesting, these startups are sure to be huge moneymakers.
1. http://www.bagborroworsteal.com
What if you were not born rich but need to look the part? Well, you Bag, Borrow, or Steal. For a monthly fee, this designer handbag shop lets customers pick out designer handbags online and borrow them for as long as they need to. Monthly fees could be anywhere from $20 to $175. This might seem pricey to you, but it’s small change to those who are trying to buy or befriend their way into the Fendi lifestyle.
2. http://www.peasy.com
Finding parking space can be a bitch, and this is precisely what peasy.com is banking on. An online marketplace for parking space, Peasy.com lets you browse for parking spaces and book them even before you could leave the house. Peasy.com utilizes a network of homeowners with unused parking spaces to increase slot availability for clients.
3. http://darknessradio.com
What’s the one thing that trumps ghost stories? Going on spook tours, of course! Tim Dennis of Burnsville and Circle Pines’ Dave Schrader take groups on spook excursions to haunted hotels and cruise ships. Travelers pay between $180 to $250 for each trip, and this fee is non-inclusive of lodging and transportation
4. http://www.pickydomains.com
Want to sell engraved Zippo lighters online but can’t think of a catchy name for your site? For $50, this risk-free domain naming service can flood you with domain-naming options.
5. http://www.newyourkey.com
If you’re a New Yorker and you’re always misplacing your key, go to this site. For a small fee, they will keep copies of your keys and deliver these to you the moment you find yourself locked out of the apartment!
These five creative startups are proof that in business, if you can’t be first or best, then you should aim for quirky.
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When you meet with business contacts and clients you need to do everything possible to make a good first impression as it will more than likely make or break your reputation.
To keep success growing you need to know the basics of business etiquette and Choregus is here to help with some vital tips.
First thing to do is ensure your business surroundings give a good impression. It needs to be welcoming and impresses your clients and importantly your own staff. This is crucial for the business.
When clients visit you, stand up and greet them. Why? Doing this lets them know that their presence is important. Always maintain eye contact and smile as you greet them. If this is the first time they have met you explain your position within the company first. Always shake hands confidently but not over enthusiastically. Business seems to be going well for the Lanes Run Business Park, with land sales and business interest continuing to grow in spite of the slowdown of the national economy.” I know that we’re still ahead of our projected land sales, and that is definitely a good thing,” said Jack Conner, executive director of the Georgetown Chamber of Commerce. “We still have active clients, and we’re expanding the infrastructure within the park in anticipation of more additions. To have any kind of activity right now with the economy is a positive thing.”
The business park, which was purchased by the city in 2001, is an area of about 500 acres along Cynthiana Road. Expansion of the park’s infrastructure, including the expansion of sewer lines and the addition of new roads, is also helping to attract businesses to Lanes Run, said Conner. The business park has seen a good amount of recent success, as well, added Conner, with land sales for plots of the park being up in just the past few months.
McGarr, 52, comes to UCN with 25 years experience in software development, business development, sales, marketing and services. Prior to UCN, McGarr worked at Senforce Technologies Inc an endpoint security software provider.
McGarr also held key executive positions in sales, marketing, and business development for StarBridge Systems Inc, Sorenson Media, and Novell Inc At Novell, McGarr served as VP of product marketing and VP of business development for the services organization.
“I’m excited to join UCN because it is positioned exactly where the market is heading,” commented McGarr. “With the swelling adoption of SaaS-based solutions in contact centers and a technical solution second to none, UCN is clearly poised for rapid growth and success. I look forward to helping our business development team drive that growth.”
Frank Maylett, UCN executive vice president of sales, commented, “We are pleased to have Ed join our team to forge lasting relationships with our strategic channel partners and resellers. All corporate business intelligence (BI) and operational reporting has been migrated to a Netezza data warehouse appliance that is delivering significantly improved performance. ZM expects to not only future-proof its business against rising data volumes, but to better support its marketing function with more sophisticated and targeted segmentation for campaign management.
Darko Veleski Bratec, Head of Business Intelligence explained, “We faced a complex challenge to deliver rich content, superior functionality and better performance from the data warehouse. It had been our single biggest ongoing IT challenge for several years. Against a backdrop of budget pressures, the business was demanding better data, more regularly; wanting to switch from monthly to daily reports.”
Joe Napoli, Director of International Distribution at Netezza added, “Working with one of Slovenia’s most advanced BI and data warehousing consultancies, crmT, ZM started this project with more than six months of extensive testing.
This definitely should add to the breaking business.
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If you like this post, buy me a coffee. Sphere: Related ContentWith the launch of the windows 64-bit operating systems firmly behind us many business owners and IT managers are still a little confused and are still asking what this means for them.
And in the case of IT managers and Computer support services staff, do they really need 64-bit operating systems on their or their users Pc’s or do they really need specialist CAD workstations?
Whilst many firmly ignored the advent of the arrival of a commercially available 64-bit systems because of driver support under Windows XP, now that Vista is firmly entrenched (there’s no getting away from it) IT support staff and business owners really do need to understand what this means to their power users as opposed to ignoring it which many still are.
If your business or the business you support is involved in Digital Content Creation (DCC), Mechanical CAD (MCAD), Electronic Design Automation (EDA) etc. then it is vital (if you care about beating the competition) that you understand your IT policy may be seriously undermining the productivity and effectiveness of the business.
Any good business owner will understand the return on investment that an increase in productivity or a reduction in costs and penalties will give them. And given a reasonable justification why would they not want the business to be more profitable?
If you have specialist users in the business and you have not done so already then, you need to break down the IT budget to meet the needs of two very different types of users to make sure you can effectively support the business.
So why then do so many companies expect their designers and specialist to perform when they are restricted to using hardware that in many cases is less powerful that that used by their children to surf the internet?
Quite simply for company bosses it is more often than not a simple case of a lack of understanding or a lack of information!
If you have specialist users in your business and have not made special provision for them here are some key points to consider:
1. Investment in proper CAD workstations in all but the rarest cases is fully justified, you only need to find out to what level.
2. Minimum requirements mean just that, minimum productivity, minimum life span minimum performance. The question you need to ask is what is the best specification for the software applications that this Cad Workstation will be running for the next 2 years?
3. Engage the help of your software specialist reseller, they will have first hand experience of your requirements and should be your trusted advisors. Heed the advice as your business will make far more from your investment than they will from the small return they get from hardware these days.
And finally try and set your desktop refresh to a maximum of 2 - 3 years if appropriate for you power users.
Their workstations can be effectively re-deployed within the business and will still have a good life as office based machine so you can get a further return on investment for your business hardware.
Information courtesy of Hampshire computer support
If you like this post, buy me a coffee. Sphere: Related Contentwhat makes a good entrepreneur
One interesting topic that is related to business is all about entrepreneur. Is not but only highly motivated and goal and oriented entrepreneur can bring success for business.
When it comes to the characteristics of a good entrepreneur, there are a number things that can be counted. There are however some essential characteristics of an entrepreneur which are listed here. For a beginners, the entrepreneur must have a good predisposition that he wants to be his own boss. He must have very high energy levels in order to ensure that he remains dedicated to his job. The third thing is that he must be able to face risks. Risks can be financial as well as security wise. On top of that, to be a successful entrepreneur one needs to have the spirit of competition.
what makes a good entrepreneur
To stand out of great competition in the market, an entrepreneur must give a focus to the fundamentals of business– like business strategies. With that, everyone is certain that an entrepreneur that handles business can direct the it towards progress. The business strategies that an entrepreneur has is the key component for business development.
The engine which drives business is the devising and execution of a good overall top level business strategy– companies should always have that. As the market is constantly changing a good quality and targeted business strategy will be flexible enough to see to it that the direction of the business moves in line with the changing market place. One thing that the business can do to make improvement in this area is to keep updating their knowledge by joining to seminars and reading as many books as possible on the subject.
what makes a good entrepreneur
And, to go parallel with the new technology, particularly the internet, an entrepreneur must be interested to learn effective ideas on how to harness the power of internet marketing potentials. He must be willing to apply new marketing techniques using the internet like email marketing and affiliate business. Using email internet marketing service brings lots of advantages for business.
Email has become a very popular tool for doing marketing in this information technology empowered world. Email marketing campaigns are now a very effective avenue for business promotion and services marketing. Benchmark email is a company which provides you organized services for launching email based marketing services. The company boasts that its email have not been black listed ever so you are going to reach the optimal number of prospective customers. The company also makes available special custom made templates which you can utilize for your email marketing campaigns. You can also send the campaign mails immediately or hold them off for some time.
If you like this post, buy me a coffee. Sphere: Related ContentBefore starting a new business, it is essential to create a plan with accurate cost estimates and funding. These start-up costs will be the basis on which a lender will choose to finance the business or not. There will be initial expenses to cover, including legal fees, necessary licenses and permits.
The rental, lease, or mortgage charges should be the first item shown in the cost estimates. Equipment and other start-up materials or supplies should also be included. Each item, regardless how small, should be incorporated into the estimate and should be made sure that all these are enough for not less than a year of operation. You can also check into small business administration for some advice with small business loans.
The funding for the start-up inventory follows. Expect expenses necessary to have your product ready for sale. Your personal funds may be affected as your business takes on a swing. Normally, new businesses do not make money in the first few months or even a year. Hence, it is advisable to include your salary in the cost estimates. If there are other employees, make sure that their salaries are projected with the costs as well.
Since the business will be your own, it is possible that your personal funds will suffer as the business takes off. It is a good idea to include your own salary for the first year into the start-up costs. If there will be other employees, include their salaries as well. Make sure that everyone gets paid.
The business plan will guarantee security and success of the new business. That is why start-up cost estimates are also embedded into every business plan to let potential investors know what they will be getting themselves into. No matter how lucrative a business plan may be, without projections for start-up costs, investors may not be all too willing to bet their money on something that they hardly know about. Naturally, every one of us wants to know where we put our money and how fast we can get it back. Start-up cost projections give us a heads up on the direction of the business. Above anything else, these are what the investors focus in the business plan. And businesses without good financial support are doomed and are deprived of the chance to get started.
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If you like this post, buy me a coffee. Sphere: Related ContentStarting an antique business is something that many people dream of and attempt to accomplish. It is a career path that requires a lot of dedication and business acumen. Becoming an antique dealer is something that can be done if you start correctly from the beginning! This means knowing your options for starting your business, such as the branch of antiques, buying an existing antique shop or starting your own, and having business plans. Antique businesses aren’t easy to start or maintain, but this article can help point you in the right direction.
Among other decisions, there are two things to consider when thinking about having a go at making money from antiques. Do you want to buy an existing antique shop or open a new one? If you are looking to open a new one, then the sky is the limit! You should be able to take any part of the antique business you are interested in and turn it into a business for you. Are you interested in a home antique business? If you are, then consider things like ebay or even your own website to run your antique dealership from. Often an antique business for sale can drop into your lap and be the best option of all. An existing antique shop is often a great first project for a first time antique dealer.
Once you have developed your business plan, it will be much easier to get going on your new venture. There is nothing more rewarding than being your own boss and having something to call your own, but it is important to always be careful when starting an antique business. Business plans are the key, whether you start a brand new business or buy a previously owned operation. Part of your strategic planning should include a financial plan. Many new business owners will need to obtain a business loan as start up money. As enticing as your own business can be, make sure you have the means before you make the jump!
As stated above, starting an antique business can be extremely rewarding! Just knowing that you stand alone on your own two feet and control your future can be a great feeling. You can never forget though that a successful antique dealer is a responsible antique dealer! Never get ahead of yourself. Even though the options for antiques are limitless, be sure to consider the marketable value before diving in headfirst! Also though, remember to never underestimate yourself and what you are capable of accomplishing.
If you like this post, buy me a coffee. Sphere: Related ContentYou might be surprised at the increasing number of people who have made the decision to work at home. More and more people are leaving the corporate world in favor of starting a successful home busines right out of their own homes. This is a popular option for many people but it is imperative that you understand what being self employed entails before taking such a huge leap.
I wish everyone could be successful at business but it’s not true albeit an unfortunate one. There are definite pros and cons, advantages and disadvantages, to owning your own business. If you are committed then you will be able to turn those cons into pros in no time you need to be willing to view everything as a potential opportunity. Of course, the advantages of working at home are clear: Do something you really love to do, set your own hours, and be your own boss. You do not have to deal with office politics, follow a dress code, or be stuck doing a job about which you are not really unenthusiastic. However, it is also important to realize what you will be giving up: the social environment of an office; sick days; holiday time; insurance; et cetera. The majority of people are willing to give it up in hope of a brighter future though, because if you are truly motivated and determined, then a successful business at home can be much less stressful than an office, corporate, or standard 9 to 5 job.
The most important part is that you know both sides before you start moving forward to having your own successful home business – and it is likewise important that you are motivated to be successful. You have to realize that sometimes, you may make less money than you are accustomed to and that when you work at home, you are solely responsible for how well you do. It is a good idea to still set up working hours, even if they are not as stringent or concrete as they were at your
traditional job. You should research Home Business in general and what you intend to sell or produce in particular, so that you can take cues from the success of other people like you. However if you are determined and ready to work hard, you can be successful, stress free, and financially secure.
If you like this post, buy me a coffee. Sphere: Related ContentOutsourcing can be extremely beneficial for small businesses. It helps them to control capital loss and by outsourcing, a small business may bring in further revenue, which can be again pumped into the business. Outsourcing also increases productivity-level, because in a small business people tend to do more than one work. By outsourcing some of it, the employees can focus more on the main thrust of the business. Moreover, by engaging the top franchises to carry out the marketing and PR jobs, small businesses get an edge when they compete with the big companies. Through outsourcing, small business owners can start their new projects earlier and appear more professional to the eyes of the customers and potential investors. With the rise of small businesses, the franchises that are based on outsourcing of jobs are also experiencing a boost in the demand of their franchise business for sale offers. Now, let’s look into some of the franchise opportunities that are into this outsourcing business.
• Tax related services: Calculating taxes is a big problem with small companies. The rules change every now and then and keeping a tax consultant can be a costly affair. That is why companies offering these services are boon for small businesses. From the franchisees’ point of view, these franchise opportunities are great, because the business models are easy to follow and the start-up cost quite reasonable. Interested? You can choose from Liberty Tax Service (http://financial-services-franchises.brandexpansion.com/liberty-tax-service/) and Roni Deutch Tax Center (http://financial-services-franchises.brandexpansion.com/roni-deutch-tax-center/) among others.
• Accounting Services: Payroll management and financial reporting is a major area of outsourcing. Generally, franchisors look for people with experience in financial services and management to buy a franchise from them. Padgett Business Services (http://businessfranchise-brandexpansion.com/padgett-business-services/) is one good choice from this category.
• Information Technology: Technology is always evolving and businesses have to change accordingly in order to survive in this field. Franchise concepts that help these businesses are finding ready takers for their franchise business for sale offers. One prominent example is Schooley Mitchell Telecom Consultants (http://businessfranchise-brandexpansion.com/schooley-mitchell-telecom-consultants-2/).
• Public Relations: Many small businesses are run from home and cannot afford the luxury of conference rooms or a receptionist. Intelligent Office (http://businessfranchise-brandexpansion.com/intelligent-office/) helps them by providing the small business owners with host of services.
• Marketing: Small companies can save a lot of money, if they go for direct mailers and other forms of co-op marketing strategies. Franchise companies from this segment include Around Town Community Magazines (http://miscellaneous-unique-franchises.brandexpansion.com/around-town-community-magazines/) and RSVP Publications (http://direct-marketing-franchises.brandexpansion.com/rsvp-publications/).
There are many more companies that come under the field of outsourcing; check out the website http://www.brandexpansion.com/ to get more information.