It’s safe to say that “word-of-mouth” or referrals 9(otherwise known as referral marketing), is the oldest and most effective of the numerous marketing strategies. Think of the last time you tried something that a friend recommended? Did you try this product or service simply because they said it was good? People Trust Other People In a study performed ...
Category Running a Business
-
-
Customer service plan – do you have these basic elements?
A customer service plan is the pipeline to a business’ growth. The plan helps a business owner frame the way customers communicates with his firm. Unfortunately, many small businesses overlook this important business acumen. Parts of a Customer Service Plan Entrepreneur Andrew Medal makes the case that if a business doesn’t have an effective way to take ...
-
Which is the oldest business in your state?
To start a business easily and quickly are special features of the U.S. economic system. In fact, one of the engines of economic growth is the employment and wages generated by new businesses. Business ownership is a freedom that has been woven into the American Dream. Business Start-Up and Survival Rates[/gt_heading Every year entrepreneurs take that leap and ...
-
Philanthropic Deeds Are Good for Business
Philanthropic—is that a word your customers would use to describe your small business? Charities and community groups have always turned to their local businesses for assistance. Local businesses have funded athletic teams, scouts, schools and neighborhood events. But, is all this giving good for business? What can you gain by supporting a charity or non-profit ...
-
Marketing Strategies to Boost Your Small Business
A marketing plan can help a business owner grow his/her small business, even if growth seems impossible at times. The best solution is to plan out the different stages and develop strategies to reach your goals. Tim Martin at Business2Community.com in "5 Marketing Strategies to Boost Your Small Business" identifies five strategies that entrepreneurs can launch to ...
-
What Does IRS Tax Information Reveal about U.S. Small Business?
IRS tax information in 2014 income tax returns filed by individuals was recently released. This information includes: income and losses reported by sole proprietors on Schedule C, farmers on Schedule F, and items passed through to owners of partnerships, limited liability companies, and S corporations on Schedule E. Barbara Weltman compared the 2014 statistics with ...