Thursday, December 11, 2014

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Monday, November 17, 2014

Small Business Entrepreneur-Small Beginnings

Small Business Entrepreneur - Small Beginnings

Small Business Entrepreneur - Small Beginnings
By Marlene Dewitte

Becoming a small business entrepreneur is surely one of many peoples dreams. Owning your own business, wow! Each of us wants to be in control of our own destiny. We want to enjoy working at something that we love doing.

If you have to work 8 hours or more a day, in your own small business you will not mind putting in the extra hours, making the sacrifices it takes and the hard work to achieve your dreams. Most of us need to work every day in today's economic climate. Unless you have unlimited wealth, you need to work for a living.

Here is a good reason for becoming an entrepreneur.

Being able to go into your bosses' office with your letter of resignation typed up, letting him read it and seeing the look on his face when you give your reason for resigning: "I've started my own company. First part-time and now full time and as I am bringing in more money per month than you could pay me in 6 months I cannot afford to work for you any longer". The look on his/her face should be priceless.

Now, take a look at the benefits of owning your own business:

You can schedule your time to suit yourself - you are your own boss. There's no alarm clock, no rushing out the door without breakfast and no traffic jams to get through.

Your office is at home. Throw the alarm clock away, less wear and tear on your car. Have breakfast when you are hungry, not because you have to eat before you leave home...

No stuffed shirt boss, who pointedly looks at his watch if you are 5 minutes late and makes you make up the time by keeping you after work for an extra hour just to show you who is the boss around here.

As a small business entrepreneur you can and will be only responsible to yourself and your clients. No more wondering if you will have a job next week, or next month. You typically don't fire yourself unless you do a really bad job of running your own business. Then you must get some help. So do you homework first!

No "dead end future" in a dead end job. You know you have the will, stamina, knowledge and have been building your business for at least 6 months before resigning. You now have a goal and know what you want to achieve.

No more going without a pay raise or bonus because you need to keep your job so desperately that you have conditioned yourself into thinking: "At least, I have a job".

As your business grows and you become more successful, pay yourself what you think you are worth and give yourself a bonus. No more begging for time off work or taking a sick day because your little toddler got sick but your supervisor doesn't care.

You can plan your own hours and fit your other commitments into your schedule. You are the business owner, you're the boss this time.

Being a small business entrepreneur? Seems like a lot of rewarding benefits to me. You just need to remember that in order to achieve the success you want you have to be prepared to take the steps and the hours it takes to be successful.

Marlene Dewitte makes it easy for small business owners to attract more customers without more staff or advertising budget. For more small business marketing and income producing activities read small business entrepreneur [http://www.small-business-partnership.com/4-rules-for-a-small-business-entrepreneur].

Article Source: http://EzineArticles.com/?expert=Marlene_Dewitte
http://EzineArticles.com/?Small-Business-Entrepreneur---Small-Beginnings&id=4568691

Wednesday, November 12, 2014

Small Business Entrepreneur-Making a Fortune With Small Businesses Fast

Small Business Entrepreneur - Making A Fortune With Small Businesses Fast

Small Business Entrepreneur - Making A Fortune With Small Businesses Fast
By Martin Thomas

If you are going to become a small business entrepreneur, you are on your way to rapid wealth. Congratulations on your decision. There is a ton of excess intrinsic value to be found in small businesses and people can be negotiated with very effectively.

Not unlike the main character in "Pretty Woman" Richard Gere (And Julia Roberts) He is portrayed as a heartless take over pirate, stripping a businesses assets for fast millions. Yes, John was a small business entrepreneur. On the scale you may be currently operating, the similarity pales a little. But earning over $1 million within a year is nothing to be turned down.

An associate of mine is an opportunity investor as I am and his specialization is small businesses and in his first year he stripped and sold over $10 million in assets. The reason why Adrian does so well for himself is because an armed entrepreneur (with information) easily dominates the players in the transaction-the business broker and the small business vendor.

This is hard core. Its of course legal and ethical but it is certainly not a path for everyone. There certainly needs to be a little bit of indifference to feelings and a strong bias against emotional plea's present. People who are drawn to being a small business entrepreneur are generally "alpha type personalities" They love a challenge and love the thrust and parry of the typical small business transaction.

Adrian typically begins his proposed take over and strip by becoming a customer or client of the target business. Incognito so to speak. He assesses and makes the decision of whether the business has any immediate problems that can be easily and rapidly fixed so cash flow instantly rises (Believe me, this is a very common occurrence) In this case he would spend more time on it and build up the cash flow for a very fat ripe final re-sale price.

On the other hand if the business has too many complicated problems that cannot be resolved with simple measures, then he targets the businesses assets and sells of for an average 100% profit on his initial purchase. He is a tough negotiator and knows how to make the seller motivated to off load.

Becoming a small business entrepreneur is a smart move if you are the right person and know you can enjoy the thrill of making fast money buying and selling small businesses. But as noted, its not for everyone. Its hard core.

Martin Thomas (c)2005

Martin is a professional investor and Entrepreneur. If you would like to discover more about being an entrepreneur, you can read "The Million Dollar Mentor" by Hayden Muller. Martin recommends this work highly and has used the very concepts contained in the work for his own successful entrepreneurial activities. http://www.opportunity-investor.com

Article Source: http://EzineArticles.com/?expert=Martin_Thomas
http://EzineArticles.com/?Small-Business-Entrepreneur---Making-A-Fortune-With-Small-Businesses-Fast&id=99226

Tuesday, November 11, 2014

The Small Business Entrepreneur Is Ahead Of The Trends

The Small Business Entrepreneur Is Ahead Of The Trends

The Small Business Entrepreneur Is Ahead Of The Trends
By Bob G Johnson

The battle between the mass merchandisers and the small Mom/Pop retailer is a race to identify and fill trends before they become big in a specific industry. Here's the difference between how a small business entrepreneur picks and chooses what is or will become popular and how a mass merchandiser does it.

The small entrepreneur does not have the capital, in money or labor, to follow what is hot in retail, gardening or home decor. Once items become most desirable then the mass merchandiser has started buying the items by the container load and it's often from overseas, outside the U.S. As items manufactured locally become popular it becomes a matter of commerce to go to China, Taiwan, or S.E. Asia and duplicate them. Often the reproduction will be in the millions of each and the price will drop for the knock offs. That process is created by the perceived demand of the general public's wants going forward.

The process of "anticipation" is predicated upon looking at small niches and extrapolating the small niches to the masses. If the item has merit for mass appeal then the mass merchandiser bets with future purchases and orders the items in larger quantities. Prices drop but the mass merchandiser is always the dog chasing the tail.

The small business entrepreneur is in a different boat. The small merchandiser is often a one or two person buying group who own the business. Approximately 3-6 months prior to receiving the merchandise they go to merchandise shows in Atlanta, Las Vegas, NYC, Philadelphia or in local communities to see what is new and novel. It is now the orders are placed for future delivery. Most small business people are buying Christmas items in the summer, Fall merchandise in the winter, etc. Due to limited capital the small business owner will "guess" on popularity of merchandise and place small orders for their shops. A typical order may be $100 - $1,000 for merchandise the entrepreneur thinks will sell and be what the customer wants once it is displayed.

If the item is popular and sells immediately there is usually a delay before the items can be replaced. Some of the items chosen do not sell and on those the entrepreneur now has what is referred to as "dead inventory". That is cash spent with no return as well as lost opportunity to buy what is hot due to lack of cash invested in bad inventory.

It's just a fact of life for the small entrepreneur, but it's the lifeblood of retail. The small business owner supports the manufacturing of small lot, local manufacturers and stokes the economic flames of local business and economic growth. The small manufacturer often can not fill orders in the millions of dollars unless there is heavy investment in retooling and availability of capital at reasonable terms. Especially in the U.S. where the labor costs are high the popular items go offshore to less costly land, labor and legal liability areas.

A case in point.

In the early 2000's one of the hottest items to emerge in home decor and retail were the live bamboo shoots that were placed in clear glass vases. Initially the item itself lacked much appeal other than in landscaping, indoor plant areas as a fill in. After several popular mass appeal home decorating magazines featured the bamboo plants in their publications it became a home decorating trend to include the plants in home decor design. The small business had ventured into the items for a trial product, or had seen the items in the magazines and anticipated the demand. The small business owner started meeting the demand with the limited inventory available for their customers. After the bamboo became hot then the growing of those bamboo shoots shifted from the local nursery supplier to the mass producers and harvesters overseas. Rather than fill an order for 50 plants, which the local nursery could do for multiple vendors, it became fill 2 orders for 2,000,000 each of bamboo shoots.

The small business owner recognized and set the trend, but the local grower and small business owners lose out when the items become popular. They can no longer buy or produce in the quantities needed and out of necessity have to move on to the next trend hoping to get it correct in their purchasing decisions.

As bad as the economics sound there are multiple reasons to support local business and local manufacturers. Here are a few of those reasons:

  • Local business recognizes local tastes & interest well in advance of mass merchandisers
  • Local business buys from local U.S. based businesses and increase employment
  • Local business encourages innovation and leading design
  • Local business add to the economic base as they are paying local property taxes, municipal and other taxes the foreign company is not.
  • Local business employs local families whether kids looking for a first job, part time employment to help families make ends meet, or employment close to home or school.

The backbone of American industry is built upon the guts of entrepreneurship that the U.S. citizens display constantly.

Bob Johnson is owner/founder of The Cotton Company, a small business incubator in Wake Forest, N.C.

More information is available at the web site, http://www.thecottoncompany.net or watch a video on how the entrepreneur uses The Cotton Company plan to be successful: http://bit.ly/9h5Orn

Article Source: http://EzineArticles.com/?expert=Bob_G_Johnson
http://EzineArticles.com/?The-Small-Business-Entrepreneur-Is-Ahead-Of-The-Trends&id=4996802

Thursday, November 6, 2014

The Small Business Entrepreneur

The Small Business Entrepreneur

The Small Business Entrepreneur
By James R Stearns

The small business entrepreneur is taking on a new face and wearing many hats as the role of this business owner is changing. Most of the entrepreneurs today have learned to multi-task and actually rise above the challenges associated with a small business.

Nowadays these owners are expected to face the tasks of building, establishing, maintaining and looking ahead determining where the business should be in the years to come.

For this operation to be effective and remain on track there must be a business plan to follow. One of the many faces of these entrepreneurs is that of a market researcher.

This means, it is up to the business owner to find out if the market is changing, how competition will affect his enterprise as well as how he will be able to attract and sustain his clientele.

These entrepreneur are also faced with the task of keeping the books and having the ability to do the accounting or hire an accountant.

Most small business entrepreneur primarily are out to generate income, while the high impact entrepreneur is primarily interested in wealth creation.

These different economic objectives lead to enormous inherent differences in the kinds of business the two entrepreneur types start.

Their risk/reward profiles; how they finance their businesses; and how they recruit and compensate their teams are very different.

The small typically tackles a business opportunity with the potential to generate operating cash flow, while the high-impact entrepreneur is primarily focused on the near/mid-term exit value of the business.

Entrepreneurs are not just vital to our economy, they are the central foundation that supports it and upon which it is built.

The tough times that we are in have brought out the very best in the men and women in the green industry.
They have proven, once again, that they are tougher than any "tough" times thrown at them.

That is why small business entrepreneurs are not only the foundation of our economy; they are the backbone of who we are as a people. The morals, ethics, values and character of these entrepreneurs is what makes them and us great.

These entrepreneurs face day to day challenges which can not only cause unneeded stress, but it also has the potential to cripple the business from the inside.

It is necessary to have additional support to uphold the day to day operation so you, as a leader, can focus on creativity and innovation - the living, breathing aspects of your business that make it expand and grow.

Unfortunately, as their businesses grow, they realize the complexities and large amount of daily, tedious work and management involved.

Are you leading the business of your dreams? Make sure you do the research, and if the passion, commitment, will and desire is there and you are not afraid to leave your comfort zone I say go for it.

To find out more about the Essential points of a Successful Entrepreneur, the benefits & rewards of effectively working with a visionary and strategic planner contact James Stearns [http://www.shedplans4u2.com/successfulentrepreneur]

Article Source: http://EzineArticles.com/?expert=James_R_Stearns
http://EzineArticles.com/?The-Small-Business-Entrepreneur&id=6702656

Wednesday, October 29, 2014

Salehoo Wholesale Supplier Directory Review

I sell merchandise on Ebay. I was looking for a supplier for my Ebay business. I found a great website  named "Salehoo Wholesale Supplier Directory". I like it so much I decided to write an article for this website. This wholesale directory is fantastic!

The site has a directory with over 8000 security screened suppliers. They only list genuine wholesalers offering genuine wholesale prices. Salehoo has a huge range of goods. It has over 1.5 million products in 150 categories. You can find suppliers of brand name goods. These goods are verified legitimate . Salehoo is perfect for Ebay sellers and small businesses . 

The website offers a seller training center. You can learn free Ebay and ecommerce training. It has a market training lab. Discover which products make the highest profit. The Salehoo community , a free forum where you can talk and share tips. Salehoo store, build your own store in minutes.

for more information please visit this link

http://998803pbm2coa1bghkk62f7sbo.hop.clickbank.net/?tid=SALEHOO

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