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	<title>David is founder and President of Business Credit Services, Inc. and Small Business Consulting network. He also co-founded Business Marketing Services, Inc. Business Credit Services was founded in October of 2000 and has a patent pending for a process that over 8,000 entrepreneurs have used to build their business credit. The company has helped entrepreneurs receive over $76 million dollars in credit and financing. David is author of the book &quot;Building Business Credit for Business Owners&quot;, &quot;Success Steps to Business Credit&quot; and &quot;43 Tips to Find Money for Your Business&quot;.</title>
	<link>http://www.buildyourownbusiness.biz/author/index/50/David-Gass.php</link>
	<description>David is founder and President of Business Credit Services, Inc. and Small Business Consulting network. He also co-founded Business Marketing Services, Inc. Business Credit Services was founded in October of 2000 and has a patent pending for a process that over 8,000 entrepreneurs have used to build their business credit. The company has helped entrepreneurs receive over $76 million dollars in credit and financing. David is author of the book &quot;Building Business Credit for Business Owners&quot;, &quot;Success Steps to Business Credit&quot; and &quot;43 Tips to Find Money for Your Business&quot;. - Latest business
news &amp; management advice on how best to build your own business -
Free, independent business articles on Strategy, eBusiness, Change
Management &amp; much, much more.</description>
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	<pubDate>Tue, 07 Sep 2010 12:18:19 +0000</pubDate>
	<managingEditor>admin@buildyourownbusiness.biz</managingEditor>
	<webMaster>admin@buildyourownbusiness.biz</webMaster>    
	<item>
      <title><strong>How To Turn Competitors Into Allies</strong></title>
      <description><![CDATA[Contrary to what most of us have been told, business rivals need not be implacable enemies thirsting for blood. Marketing is all about profits, and if you think you can profit by forming an alliance with your competitor, there is no reason not to. This article discusses the ways by which you can use competition to your advantage.

1.Form a Network of Similar Businesses If you cannot beat them, join them. Working out of a small office or home-based business can be difficult. Sales are not easy to come by, and the volume of sales may be low initially. You can team with other businesses in the city, or in various cities, to create a network of businesses. People will find your business more reliable when they think you are part of a city wide or national chain.

2.Joint Promotions Promotions can be costly for a small business owner. Teaming up with other businesses helps you cut down on the cost of promotion. For instance, if you have a business, which sells handcrafted wooden items, you can team with a business selling handcrafted wooden display cases. This way, you can both be promoted at a single event. In addition, customers who cannot find an item at your store can be directed to the other store, and vice versa. Joint promotion helps your business flourish.

3.Joint Effort Winning a contract or landing a project for a large company can be tough if you are running a small business from home. Even if the manager of a big company is convinced that awarding the contract to you is the best option, the superiors may not think so. This is because in market parlance, &amp;quot;small&amp;quot; translates into &amp;quot;unreliable&amp;quot;. Forming partnerships with other businesses will give you the advantage you need and make a strong case for you during bidding wars.

4.Referrals By teaming up with another business, you will be able to get referrals from your erstwhile rival. Similarly, if your competitor offers a service or product you do not, then you can refer customers to t ..]]></description>
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	<item>
      <title><strong>Computing Tips For Small Entrepreneurs</strong></title>
      <description><![CDATA[Computers have gained significance due to increasing dependence for small businesses on computer technology. Entrepreneur is a French word, which refers to a person who is starting a new business for exploring new opportunities. In this world of information technology today information regarding computers is a key factor to unfold the maximum strength of any business.

Networking the Computers The most important computing tip for small entrepreneurs is that they should make use of networking technology for better coordination among the staff members. If you have many computers at your work place, you should make full use of networking technologies.

Networking is Not Very Difficult At first sight, the idea of connecting several computers through a network looks frightening to new entrepreneurs. However, networking is very helpful for any business. All you need to create a network is some basic knowledge about computers and of course a little common sense. Once you establish your network of computers, you will enjoy sharing files, scanners, printers and access to the Internet. Imagine all your employees and workstations connected with each other, coordinating, communicating and collaborating at the click of a mouse. In fact, there are unlimited possibilities with computer networking.

Small Computers in Your Palm Another computing tip is that Personal Digital Assistants or PDA are very useful tools for small entrepreneurs. By using PDA people can keep themselves abreast of every activity going on in their company. Moreover, organizing and managing business activities becomes easier. However, before you buy a new PDA do thorough research, as there are several options available in the market.

PDAs were initially designed as handheld devices that could keep contact information and personal calendars. However, the latest models of PDAs allow word processing, access to Internet, and many other functions. Some models have the capability of performing almost all th ..]]></description>
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      <title><strong>Know The Advantages And Disadvantages Before Buying A Business</strong></title>
      <description><![CDATA[A person can start a business from scratch and build it slowly or opt to buy an established, already existing business. There are several advantages and disadvantages to purchasing a business. Make sure you know about every aspect of the business that you intend to purchase. Below are lists of the advantages and disadvantages of purchasing a business.

Advantages

The business will already be up and running saving the time, energy, and research needed to start a business. It involves just a single transaction rather than filing forms with different government agencies. Applying for fiscal aid will be easier as the business will have a proven record of accomplishment.

The business plan will guide you to run the business initially until you have learned enough to make corrections or alterations where necessary.

The premises for the business and lease negotiated are already established.

You will gain insight from the previous owners' experience and expertise.

An experienced and reliable staff, which knows how to run the business, is already working for you.

Suppliers and dealers have already been dealing with the business and, on request, will continue to do so.

An established market for the product as well as an established customer base will be an added advantage.

Reliable income, reputation, and a great network of contacts are already there.

Easy immediate cash flow because of existing inventory and receivables.

DISADVANTAGES

The business may have many hidden problems that could be hard to solve.

Employees may leave due to the change, or not perform due to resentment.

Receivables included in the deal and paid for may turn out to be non collectable.

It may cost a large sum of money to buy a business taking into consideration fees for solicitors, surveyors, and accountants.

You will have to honor any contract signed by the previous owner.

Plant and equipment may be obsolete or in need of costly repairs or maintenance.
 ..]]></description>
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	<item>
      <title><strong>Seven Low Cost Marketing Ideas</strong></title>
      <description><![CDATA[Growing companies face the issue of marketing their products or services. It is possible to use marketing consultants to do this, but marketing consultants often cost too much money for small companies. An affordable option is to try the following low cost marketing ideas to promote the business.

1.Press Releases - Make press releases that are newsworthy and draw the attention of the readers. The releases should be short and to the point with an opening sentence or phrase that is convincing and holds the attention of the reader.

2.Search Engine Marketing - Having a Website and using the services of a search engine is a necessity in today's environment where greater numbers of people are accessing the Internet for their requirements. The website host must be reliable so that prospective customers can access the site without difficulty. The website's design should be imaginative to the draw attention of viewers. Websites are an inexpensive method for accessing greater numbers of people. The website should have the company's contact details, including the business phone number and email address. Advertise in newsgroups that are in a similar line of business so that the site is easily accessed.

3.Trade Shows - Rent space at trade shows and hand out promotional material to clients. Keep a feedback or order address registry for clients. After the show, contact them, keeping the promises made at the booth.

4.Direct Marketing - Create a finely tuned list of targeted recipients and directly mail the explanatory material to them.

5.Yellow Pages - Make an ad stand out in the yellow pages with an attractive design and listing under a specific, targeted head.

6.Public Service - Promote the company in a positive manner in the community by sponsoring events, donating products to local charities and holding events with local schools or other groups. Distribute promotional t-shirts, pens, or mugs with the company's name emblazoned on it.

7.Business Card and Netw ..]]></description>
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	<item>
      <title><strong>How To Start Up A Small Business</strong></title>
      <description><![CDATA[Starting up a small business is always exciting. It is also full of challenges. It is easy to go wrong if everything isn't planned properly. Not setting it up correctly can create legal problems. Here are some tips to help start a small business so the new business is viable, well managed, and successful.

Business ideas It is always a good idea to start with a list of things to do with a business. Start with hobbies or interests and add work experience to come up with possible business ideas. Once the correct idea is found analyze its feasibility as a means of making money. To do this, construct a business feasibility study.

Business Planning Business Planning helps to detail all aspects of the business. From identifying the suppliers to determining product costs, from sales-pricing to establishing customer and competitor profiles, from defining marketing strategies to planning taxes, the feasibility study explains whether the business will be viable or not.

It also helps figure out how to finance the business. This may be with savings, loans, or through credit card financing. Whatever the decision, don't forget to develop a business plan, especially if there is a need for borrowing money through a loan or credit. A business plan not only helps get financing, but it also keeps the entrepreneur focused on the new business. It helps define business activities, organizational goals and how to achieve them. It details the business environment of the industry and, most importantly, contains the financial information bankers look for.

At this stage, think about the legal structure of the company. Shall it be a sole proprietorship, a partnership or a corporation? Check some of the websites that provide assistance to help determine, which form is more tax-efficient and suitable.

Legal Set-up Find out what permits and licenses are needed to operate the business. Do remember to double check whether anything is missed. Some states require special licenses to sel ..]]></description>
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	<item>
      <title><strong>Choosing to Incorporate?</strong></title>
      <description><![CDATA[For the novice business owner getting incorporated seems like an endless stream of red tape, forms and complications. How to get incorporated is one question that they simply have too many doubts about and too few answers to be able to make an educated decision. Luckily there are an army of consultants, lawyers, and accountants out there who can help provide the answers to how to get incorporated and most of them for a minimum fee would be happy to assist.

The first question to answer is not how to get incorporated, it is should the business be registered as a corporation in the first place. My belief is yes. Unless you are a really small company, less than $25,000 in annual sales, no employees, working from your home and the products or services you sell have very limited liability exposure, you should be incorporated.

Any good accountant or business lawyer can help a business determine very quickly whether incorporation is the best business model to pursue. Finding a good accountant or business lawyer may be difficult however. In my experience there are several accountants and lawyers that will tell their client not to incorporate, with no real reason or explanation, when in fact they should have been. There are several instances I have worked with business owners running as a sole proprietorship for the last three years. Just looking at the previous year in business if they had been incorporated we could have saved them tens of thousands of dollars in most cases.

Once that initial decision has been reached these same experts can provide all of the answers required as to how to get incorporated. This will include assistance with the filing of articles of incorporation which can be registered with the state in which the business may wish to operate, or in other more business friendly states like Delaware or Nevada who encourage non resident incorporation by individuals outside of the state.

A Corporation has three distinct groups associated with the ent ..]]></description>
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