AngelBiz commented on the following stories on BizSugar
Credit Cards and Your Small Business
"While I agree that it is imperative for small business owners to accept credit card they do eat up lot of your profit through high transaction costs. the tips you provided on how to lower those fees are very useful. The first thing small business owners need to do is read and understand the statement. Those statements are very confusing with different types of transaction fees and surcharges. By understanding these fees you can devise a plan to lower them."The #1 Reason Small Businesses Fail: Warning, the Answer May Be Hard to Swallow!
"In my mind one of the primary reasons for small business failure is because the owners try to do everything without focusing on what they are good at and trying to find the target customers that fit your business model and products. They will end up throwing their marketing money without having a focused product list and target customers."5 ways To Win the Hearts of Potential Customers
"These are great tips to attract new customers. I would also advise to use social media as a potential new source of customer leads. Facebook and Twitter are must for any small business. I would also suggest that while attracting new customers is important, small business owners should not lose sight of the customers they already have. It costs lot more to attract new customers compared to keeping the ones you already have."What’s the Role of a CEO in a Small Business?
"I call CEOs of small businesses Chief Everything Officer. They are responsible for pretty much everything in their business. However, their most important responsibility is to provide vision and strategic direction to the company, hire best employees and delegate appropriately. Only by doing this he will be able to focus on growing the business rather than getting bogged down by day-to-day duties of small business."Employee Engagement: Myths, Opportunities & The Role Of HR
"Thanks for your tips on a very important topic for every business. Most businesses do not pay enough attention to this subject. Those who do relegate it to the HR, but employee engagement is responsibility of the entire organization, particularly management, not just HR. It is only when management takes this topic seriously and takes action to improve it they will see their business grow."Small Business Tips – Hiring your first Employees
"Valentine - Interesting topic. Hiring your first employees is one of the most important tasks for small business owners who are just starting. These employees will help you build your business or sink it fast. I like your suggestion about hiring those who have worked in small businesses. You are right about those who have worked in big companies. They are used to formal procedures and policies, none of which exist in small businesses just starting out. "7 Ways to Find More Time and Increase Your Productivity
"These are really great tips. I particularly like #2. Lot of people mistakenly believe that they can accomplish more by multitasking, however focusing on one thing at a time boosts your productivity and helps you accomplish more in less time. I would also add one more tip - Learn to delegate. Those who successfully master the art of delegating can accomplish lot more and are able to focus on those tasks that are important."10 Actions to Consider if Sales are Dropping
"I think #1 is the most important action you need to take. If the sales have been dropping for some time you have to undertake thorough review of the business to find the source of the problem. It could be the product, customer service, bad economy. new competitor or any number of reasons. It is only by analyzing the situation you can put your finger on the possible cause and take appropriate action."Subscribe
“Rachel: Great to hear! Thanks for your kind words! :)
All the Best,
Martin...”
“Thank you, Martin. That's a fantastic motto... and I couldn't agree more!...”
“Lisa: Good to hear! Thanks for your response....”
“For sure, I know I did years ago when I was working for others....”
“Lisa: I wonder if they potential employee is doing a background check on...”
How To 'Tweak' Your Marketing To Build Your Small Business
"I think the first objective you have mentioned is the most important one. Most business owners relate marketing to advertising with the objective of building brand awareness and generate leads. However, you need to focus first on what I call strategic marketing, which involves researching the market, competition and identifying target customers. If you do this right the subsequent objectives will be met easily."