Archive for Sales

Jun
25

How to Value a Small Business

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small business value

There are basically two parts to valuing a business. The qualitative part deals with nature of the industry, competition and customer base. The quantitative part deals with potential earnings and capital invested. We will deal with both the aspects.

A business can be valued either on the basis of its assets and For possible future earnings or a combination of both. Valuing a business on the basis of its assets means just that – make a list of all the assets, land, building, machinery, tools, stocks, receivables etc. Read More→

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Jun
21

Encourage Suggestions For Success

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Successful Encourage SuggestionsSmall Business Owners Voice of ExperienceSuccessfully navigating the first year in business is a major feat and cause for celebration. The following list of encouraging suggestions is from groups of entrepreneurs who have reached the end of their first year in business and are about to launch into year two.

Here are some of the nuggets they offer:

  • Develop a do it now attitude
  • Think positive
  • Know your business get into a type of business you know
  • Don’t be intimidated
  • Ensure that you have enough financing
  • Delegate where you can
  • Welcome challenges as opportunities
  • Seek one or more mentors
  • Be flexible, focused, open to learning, realistic, persistent, proactive
  • Have positive support
  • Set aside money for when things don’t go well
  • Accept help from others
  • Be prepared to work long hours – more than you think
  • Choose a good location
  • Join business networking groups, such as the Chamber of Commerce
  • Develop and use a business plan
  • Differentiate your business from your competitors
  • Develop and use a marketing plan
  • Develop and use an advertizing plan
  • Satisfy your customers
  • Create benefits for your customers
  • Ask questions
  • Provide excellent customer service
  • Listen
  • Check to ensure your customers are satisfied – ask them
  • Get feedback
  • Recognize that your business is separate from yourself
  • Use feedback wisely

As I interact with these groups, hear their wise words, see the passion in their eyes – I realize I am among friends. One of the most impressive characteristics of entrepreneurs is that they simply refuse to surrender to the forces of a poor economy, unemployment or inertia. They are carving a living out of their environment, using their knowledge, their skills and their raw ingenuity. They are a proud, tough group of individuals and I am inspired by their achievements. They are doing it and you can too

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Sep
17

Property News from Times Online

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custserv@timesonline.co.uk
Property News from Times OnlineProperty News from Times Onlineen-uk
Tue, 30 Oct 2007 15:37:29 GMTCopyright 2007 Times Newspapers Ltd.custserv@timesonline.co.uk

http://www.timesonline.co.uk

Thu, 17 Sep 2009 03:19:33 GMT
Newspapers Property News from Times Online 144 21

http://www.timesonline.co.uk

http://images.thetimes.co.uk/TGD/picture/0,,116979,00.gif Broke and ill: Spanish idyll sours for ageing British expatsGraham Keeley in Málaga
Mon, 14 Sep 2009 00:00:29 GMT2009-09-13T09:39:22Z Read More→

A trickle of e-mails with the suffix “gs.com” is beginning to show up in the inboxes of the estate agents who deal with London’s more expensive homes. It seems that employees of the American bank Goldman Sachs, which announced bumper profits this summer, are feeling much more optimistic about their financial futures

See the original post here:
Return of the bonus boys in the home market

Sep
04

Greenhouse effects: Freecycling

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One of the principal environmental challenges we face is finding ways to reduce our demand for natural resources while at the same time cutting the amount of waste we produce. In England, we already have a shortage of landfill space, and this is set to worsen as EU environmental rules demand that we dispose of less waste via this ecologically damaging route (and not a moment too soon).

A lot of the rubbish that goes into holes in the ground or incinerators
needn’t be thrown away, if only new owners for everything from carpets to chairs, curtains, toys and doors can be found. One good way to divert household material away from landfill and to a new home is via the Freecycle Network. Freecycle is a web-based community of people who use the internet to swap perfectly good items that might otherwise be thrown away. Read More→

A passion for sports and the capacity for hard work dictated where the MacGeoch family made their home — and it is the reason why they are leaving it. The family are moving from Drumuillie Lodge, in Boat of Garten, near Aviemore, to somewhere less remote so that 11-year-old Calum can develop his talent for tennis.

Norman MacGeoch gained his love of sport when a teenager living in mountainous Strathspey 40 years ago. He was a keen skier, and whenever there was snow he headed for the slopes above Aviemore. But even then he had the instincts of an entrepreneur. Why, he wondered, did ski hats not carry logos? It seemed such an obvious idea. So, together with a friend he set to work, cold-calling likely sponsors, knitting hats then selling the finished product from a rucksack at the top of the chairlift. “It took off like a rocket,” he says. “We even got Prince Charles to wear one with a Union flag design.” Read More→

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