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You are here: Home / Archives for Strategy

3 Ways Management Can Prevent and Address Employee Burnout

October 25, 2018 by Asif Nazeer Leave a Comment

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The future of the workforce is, unfortunately, tired and stressed.

A recent Gallup study found that about two-thirds of full-time workers experience burnout at work, with 23% of respondents reporting feeling burnt out very often or always. Another study found that millennials experience burnout at higher rates than previous generations, suggesting that burnout is both on the rise and may impact certain positions in the workplace more than others.

While burnout is certainly not exclusive to millennials and other young workers further down the corporate ladder, these team members do have less control over their careers and day-to-day work than those from other generations.

The employees who have little say over their workloads, their company cultures, and the company’s boundaries don’t have the corporate power to address their own burnout. Instead, it’s in the hands of management and leaders like yourself.

And like it or not, burnout throughout the company is management’s responsibility.

A year-long survey by Blind revealed the top sources of employee burnout at tech companies, and they all boil down to poor leadership and management. Of the answers, 22.9% directly cited poor leadership as a main source or burnout.

But other top factors, like work overload, toxic culture, and lack of career control, are all ultimately caused by poor leadership as well.

3 Ways Management Can Prevent and Address Employee Burnout
Image source

So while it’s easy for SMB leaders to look at burnt out employees and think that they got themselves into the situation, it’s more likely that the problem is a systemic part of your company’s culture. That means it’s up to management – the leaders who drive your culture and set the example – to address.



Employee Burnout Prevention

Below are a few important culture changes to implement that will help address current employee burnout and prevent it in the future.

1. Cultivate Open Communication

First things first – employees need to feel comfortable talking about problems in that middle space between work issues and personal problems. Topics like burnout and stress feel very personal, which can make employees feel nervous about bringing them up in the workplace. They can feel isolated, leading to feelings of imposter syndrome and further burnout.

But as noted above, almost everyone in the modern workplace has experienced burnout before, and it’s not a personal problem employees will be able to overcome alone. Opening up lines of communication around mental health in the workplace will help your workers see that.

It’s crucial that they feel safe discussing these topics at work, both with other employees as well as with managers and executives.

Short-term, initiating the difficult conversation with someone exhibiting signs of burnout is an important first step. Talking to them about their stress might uncover opportunities to lessen it, and it also gives them the chance to discuss their current emotions, which is often a solution unto itself for reducing anxieties.

Long-term, shifting your company culture to address the current stigma around stress and other mental health issues will be important in fostering conversations about burnout. Openness and transparency around stress, emotions, and company culture should all be encouraged.

It requires a bigger commitment to addressing mental health in the workplace, but it will be worth it for your overall employee satisfaction, as well as efficiency. The CDC reports that patients with depression miss an average of 4.8 workdays and suffer 11.5 days of reduced productivity over a three-month period. It’s easy to see how prolonged burnout can lead to that.

2. Set Boundaries Around Workloads

Making sure employees feel comfortable talking about and addressing burnout is a first step in moving away from a burnout-fueled company culture. However, in order to prevent it in the first place, leaders need to make more drastic shifts to the way the company is run.

For example, you might want to consider creating guidelines around employee workloads to help prevent burnout caused by overwork.

This has two benefits. First, it helps leaders and managers to have set boundaries that they need to stay within when planning projects and assignments. Second, it helps send a message to your SMB’s employees that they don’t need to be as busy as possible all the time in order to impress the bosses. They’ll know that you value wellness and balance as well as work performance, reducing self-imposed pressure.

Some examples of guidelines and boundaries that can reduce workplace stress include:

  • Discouraging checking work email accounts outside of work, or adding the account to mobile devices
  • Limiting how many large-scale projects any employee is part of at any given time
  • Creating rules for meetings to reduce excessive planning and inefficient execution
  • Providing incentives for using paid time off, as 52% of Americans have unused vacation days due to reasons like workloads being too heavy

It can also be helpful to relax other guidelines that may be contributing to stress and burnout. For example, offering flexible work arrangements or remote work arrangements can lead to increased productivity, less stress, and better work-life balance.

3. Implement Clear Systems

Finally, be sure to develop clear systems for your company, both around everyday work tasks as well as burnout- and wellness-related procedures. As found in the Blind study mentioned previously, employees cite unclear direction as a major cause of stress.

This lack of organization and clarity within your company creates additional work for your employees.

For example, systems and processes for the most common tasks team members complete can reduce decision fatigue and time spent “figuring things out.” Lack of systems can also lead to conflict between employees and increased risk of mistakes, which can cause great stress regardless of how overworked someone is. And additionally, if your company’s management is not skilled in systems and project management, it becomes much easier to unknowingly overload employees due to common occurrences like scope creep.

However, creating processes and systems that team members can easily follow for their most frequent and important work reduces the amount of friction involved in the task. This both reduces the amount of time it takes, which reduces workloads, as well as the amount of confusion or questioning involved in a task, which reduces stress.

Slowly Shift Culture

Ultimately, all of these changes come down to creating a workplace more open about stress and more organized around workloads. By shifting your company culture to one that discourages overwork and encourages systems and open communication, you can slowly address the roots of employee burnout and prevent it in the future. This will always be preferable to addressing burnout itself as your team members experience it.

Photo via Shutterstock


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Banish These Words from the Business Lexicon

October 24, 2018 by Asif Nazeer Leave a Comment

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PwCstrategy&

Articles published in strategy+business do not necessarily represent the views of the member firms of the PwC network. Reviews and mentions of publications, products, or services do not constitute endorsement or recommendation for purchase.

strategy+business is published by certain member firms of the PwC network.

© PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details. Mentions of Strategy& refer to the global team of practical strategists that is integrated within the PwC network of firms. For more about Strategy&, see www.strategyand.pwc.com. No reproduction is permitted in whole or part without written permission of PwC. “strategy+business” is a trademark of PwC.

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The Next LinkedIn? Affinity Alliances Uses AI to Build Your Professional Network

October 22, 2018 by Asif Nazeer Leave a Comment

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There are now more ways to grow your business network than ever, which makes it that much harder to capitalize on each connection. Affinity’s Alliances is a relationship management solution which uses Artificial Intelligence (AI) to get the most out of your professional network.

Affinity says Alliances will expand your business professional network while identifying the connections which are most likely ready for a warm introduction. The company uses a patent-pending relationship strength algorithm to give users insights into the best candidate for making referrals or introductions.

If you are a small business owner with limited human resources, this is a technology which can optimize the contacts in your network. This is particularly important for owners with eCommerce doing business with suppliers and customers around the world.

In a press release Affinity co-founder Ray Zhou says Alliances can help professionals source, raise capital, and close deals by unlocking the power of business networks.

Zhou explains how the technology makes this possible. He goes on to say, “Unlike traditional networks, Alliances captures not only who your colleagues and peers know, but how well they know them, so you always know who’s in the best position to introduce you to a new contact or organization. With Alliances you can stop cross-checking social networks, your CRM system and other platforms hoping to stumble upon the right person to make an introduction.”

The Technology

Before Alliances was developed, Affinity was using its technology to bring the team within an organization together by leveraging each other’s relationship graph.

Alliances uses machine learning algorithms and Natural Language Processing (NLP) to connect and analyze external contacts such as advisors, partners, investors or mentors. It then taps into their networks and accesses their connections to identify which one of them have the strongest relationships.

Based on the tenor of the conversations in emails, the number of meetings, and other factors it will automatically show the connections with the strongest relationships to targeted prospects. You can then make a well-informed decision to identify opportunities for referrals and introductions.

Features of Affinity Alliances

Affinity analyzes relationship data in your peer-to-peer communications to identify the best possible contact in your network within two degrees. The machine learning and NLP technology is used to identify the strength of these relationships.

The Next LinkedIn? Affinity Alliances Uses AI to Build Your Professional Network

If you have a potential prospect, you can look up every relevant contact so your allies can provide a warm introduction. Alliances has real-time networking data which includes the latest emails correspondence and meetings.

You can also use your allies to find prospects using Affinity’s CRM. The search parameter can find prospects based on industry, job title, location, and other criteria. Alliances will then display the results of relevant prospects which can be connected with your allies in the real-time network.

Alliances is now available for all existing Affinity customers.

Image: Affinity


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How to Deal with "Difficult People"

October 19, 2018 by Asif Nazeer Leave a Comment

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Three ways to work across deep divisions. For more insight, read “There’s No Such Thing as Difficult People.”

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TONL Offers Diverse Stock Photos to Promote Inclusion

October 18, 2018 by Asif Nazeer Leave a Comment

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Representation matters. That’s more than just a hypothesis; it’s the value proposition on which Karen Okonkwo and Joshua Kissi based their new business.

Karen and Joshua met through a friend, connecting easily as entrepreneurs and first-generation African immigrants. At the time, Karen ran a blog — among other things — and often lamented about how stock photography was stale and homogenous. Joshua, on the other hand, was a photographer and Creative Director. Wouldn’t it be great, they surmised, to create a stock photography site that offers more diverse images and changes the status quo? They both loved the idea but were at capacity, so they tabled it as a “coulda-woulda-shoulda.”

The tragic stories of two black men – Alton Sterling and Philando Castile – became an “aha” moment for Karen and Joshua: the only way to combat the devastating effects of systemic racism and racial profiling is to change the narrative around ethnic representation. And, thus, TONL was born.

We spoke to Karen and Joshua about how they’re revolutionizing the stock photography market with added color and perspective. Here’s what they had to say:

Q: How did you go about bringing this vision to life?

Karen Okonkwo (KO): We started by surveying as many people as we could — industry people, friends, whomever — to see if the idea was even viable. The general consensus was that the current stock photography wasn’t relatable. So once we had some real data to back this up, we went full throttle and gave ourselves a year to launch. We worked and planned like crazy, but it was hard since we lived on different coasts. Everything went down to the wire, but we pulled it off in the end.

Q: What’s been the response to TONL?

KO: It’s been received really well. We’re still in our infancy, of course, but we have a growing client list that includes Fortune 500 companies as well as smaller mom-and-pop operations. Above all else, we have a passionate community. We love seeing people get so excited about our work.

TONL Offers Diverse Stock Photos to Promote Inclusion

TONL Founders, Joshua Kissi and Karen Okonkwo

Q: What are your goals for TONL?

Joshua Kissi (JK): We want to bring a new standard to stock photography, to change the narrative for people of all categories. People and companies often talk about the importance of diversity, but they don’t always back it up with their actions. We want TONL to be a global image resource, and we hope to grow it as much as possible while still maintaining our authenticity. That means capturing as many different categories, perspectives, and nationalities as we can. Does that involve launching in multiple countries? Who knows. But these are some of the things we think about.

TONL Offers Diverse Stock Photos to Promote Inclusion

Source: TONL

Q: TONL’s growth has been fun to watch. Was this a factor in choosing Salesforce Essentials and CRM?

KO: Sales was definitely top of mind. We have East Coast and West Coast sales reps, so it was important to have a central place for them to track opportunities. I use Salesforce in my “other life” in medical sales, so I knew how it worked. Salesforce Essentials had just come out around the time we launched, and it seemed like a perfect fit for us since it’s designed to help small businesses grow. It had everything we needed, so it was an easy decision for us.

Q: Why is it so important to celebrate diversity?

JK: There’s no downside to diversity. On an individual level, it empowers people to be themselves. On a business level, it helps companies tap into new markets and reach new audiences. The greatest contribution we can make through our platform of diverse stock photography is giving people a true sense of belonging. That’s what drives us.

TONL Offers Diverse Stock Photos to Promote Inclusion

Source: TONL

Q: The “Narratives” section of TONL’s website is fascinating. Why did you choose to include narratives from the models in your photos?

KO: We added the narratives to tell a different story than what’s oftentimes (falsely) portrayed in the media about certain ethnic groups. Black victims, more often than not, get reduced to criminals, which leads to racial profiling. We wanted to do something different and shed a brighter light on people from all kinds of ethnic backgrounds in order to show the world that they, too, are just normal people — real people with real personalities. We wanted to give them a voice and let them be themselves.

Q: Is there one TONL image that outsells the rest?

KO: Yes, this one’s our bestseller:

TONL Offers Diverse Stock Photos to Promote Inclusion

Source: TONL

Q: You’re both entrepreneurs with successful launches under your belts. What advice do you have for someone thinking about starting a business?

KO: My advice is simple: know your “why.” Ideas come and go, but you have to know the reason you’ll get up to work on even your lowest days. If you’re working with someone else, your why’s have to be aligned. If one person views the startup as a business and the other person sees it as a passion project, you’ve got a situation where two people are working together with different why’s. The why – not the what – is most important.

TONL Offers Diverse Stock Photos to Promote Inclusion

Source: TONL

Check out TONL’s website to see how entrepreneurs Karen Okonkwo and Joshua Kissi are disrupting the stock photography market and affecting change.

Then download The Impact of Quality and Values Driven Business Report to gain insights from more than 1,500 business professionals on workplace equality and values driven leadership trends.

Republished by permission. Original here.

Photo via Salesforce

More in: Dreamforce, Salesforce, Sponsored


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Facebook Makes Stories Ads Available to All Users – Including Small Businesses

October 17, 2018 by Asif Nazeer Leave a Comment

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Facebook Stories Ads Available to All Users

After testing ads on Facebook Stories in May of this year, the company just announced the feature is now available to all advertisers around the world — and that includes small businesses.

Facebook Stories and Messenger Stories have grown to 300 million daily users each. The availability of the two platforms for advertising means new ad placement options for businesses looking to reach this audience.

For small businesses who use Facebook, the new ad units will deliver a full screen, immersive environment ad targeting and analytics capabilities. You will also be able to take your stories ad campaigns to Messenger in the near future.

The Reach of Stories

An Ipsos survey carried out for Facebook IQ revealed 68% of people indicated they use Stories on at least three apps on a regular basis. Another 63% said they plan on using stories even more in the future.

Stories are also optimized for the way people use their phone, which is mostly (90%) vertically. The full-screen view allows users to watch images and videos right away.

(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = ‘https://connect.facebook.net/en_US/sdk.js#xfbml=1&version=v3.1’; fjs.parentNode.insertBefore(js, fjs);}(document, ‘script’, ‘facebook-jssdk’));

FBB Blog: Introducing Facebook Stories Ads

Posted by Facebook Business on Tuesday, September 25, 2018

Across all of its platforms, Facebook has more than 1.1 billion people using stories. This includes 400M+ on Instagram Stories, 300M+ on Facebook Stories and 450M+ on WhatsApp Status every day.

Facebook says this will eventually lead to Stories surpassing the sharing which takes place in Feeds sometime in 2019.

The Reason Stories is Working

Shortly after Instagram Stories ads was launched in 2017, advertiser embraced the way it was able to connect consumers and brands. In the US 73% of people said Stories made it possible to experience new things outside their everyday lives.

This led Companies large and small around the world to start using the Stories ads. And it resulted in 58% of people stating they are more interested in a brand or product after seeing it in Stories.

 

(function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = ‘https://connect.facebook.net/en_US/sdk.js#xfbml=1&version=v3.1’; fjs.parentNode.insertBefore(js, fjs);}(document, ‘script’, ‘facebook-jssdk’));

FBB Blog: Introducing Facebook Stories Ads

Posted by Facebook Business on Tuesday, September 25, 2018

Their interest also led to action as 58% said it was responsible for them going to the brand’s website to get additional information. One in two of the people visiting the site did so to buy the product, while another 31% made their purchase in a retail store.

Stories for Small Business

One of the more important data points from the Facebook survey is 46% of users wanted Stories from brands to offer tips or advice.

This is something a small business can do easily to provide value for their customers and keep engaging on social media.

When a consumer identifies your brand with value, it will eventually turn into conversions on your website or retail outlet.

Image: Facebook

This article, “Facebook Makes Stories Ads Available to All Users – Including Small Businesses” was first published on Small Business Trends



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Receive Exciting Tips for Building a Better eCommerce Site in This Free eBook

October 16, 2018 by Asif Nazeer Leave a Comment

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Receive Exciting Tips for Building a Better eCommerce Site in This Free eBook

Are you making as much from your ecommerce website as you should?

A new FREE ebook, “How to Build a Better Ecommerce Website” from the internet advertising platform Criteo could help to answer that question.

The ebook walks you through four important steps to maximize your ecommerce site’s impact. Can you really afford NOT to check out information that could bring you more customers online and improve your bottom line?

Get your free copy of the ebook “How to Build a Better Ecommerce Website” today:

Download It!

Whether your ecommerce website is a stand alone business or part of a larger operation, it represents a significant investment.

You may have paid a web designer to build the site or a developer to modify an existing ecommerce platform.

There are domain name and hosting fees, of course. You may have also paid for pay per click or other online advertising to get the initial traffic trickling in.

Then there’s the hours of time — spent by you or your team — creating social media campaigns  and content marketing pieces to engage and convert your audience into paying customers.

So if, after everything else, your sales remain anemic and your shopping carts are empty — or being abandoned before checkout — all this effort and expense is in vain.

Fortunately, creating an effective ecommerce business is very doable with the right knowledge.

In this new ebook you’ll learn:

  • How to audit an ecommerce site to find opportunities for improvement
  • How to SEO an ecommerce website to improve search engine ranking
  • How to review your ecommerce site’s responsive template
  • Best practices to optimize your site for better conversions

Of course, you may already be doing great in sales on your ecommerce site. But could you be doing better?

The world of ecommerce is becoming a very competitive place. Not only are there many other smaller merchants like you. But there are the big guys as well: Amazon, Ebay and more.

So how can you stand out in this crowd and attract more customers and a growing revenue stream?

By downloading this FREE ebook today, of course!

Download It!

This article, “Receive Exciting Tips for Building a Better eCommerce Site in This Free eBook” was first published on Small Business Trends



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Take this Survey and Get New Ideas for Saving Energy in Your Business

October 15, 2018 by Asif Nazeer Leave a Comment

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Take this Survey and Get New Ideas for Saving Energy in your Business from Our Small Business Energy Report

Now is your chance to be a part of something important.

Energy is typically the single greatest cost in a small business, but most small business owners don’t have the time or the resources to spend on figuring out all the different ways they can become more energy efficient so that their business is more profitable. This is where the Small Business Energy Report Comes in.

Constellation Energy, in partnership with Small Business Trends, is interested in what a broad base of small business owners are doing to cut energy costs, save energy and run a sustainable business. And the results could give you ideas about how to save energy in your own business.

Together, they’ve launched the Small Business Energy Survey, a quick 3 minute online survey where you can click through what matters most to you regarding energy, what energy and cost-saving strategies you’re trying and how your employees and customers feel about sustainability.

Click below to begin:

Start Here

Win a $100 Amazon Gift Card

Here’s another reason to take part in the survey. You also have the option to register to win a $100 Amazon gift card!

How is this different from other small business energy reports?

Here’s something you may not have thought about.  Most surveys are conducted with customers or members of organizations.  That means that the results only represent that membership.  The partnership between Small Business Trends and Constellation Energy aims to reach a broader base of small business owners across industries, across the country and across energy providers so that small business owners, like you, can get access to benchmarking data and ideas about how other business owners are saving on energy.

2018 Small Business Energy Report

As a participant in this first-of-its-kind survey, you’ll get access to data from hundreds of businesses, just like yours and see what energy-saving strategies have been most effective.

The results of this new small business energy survey will be released in a new 2018 Small Business Energy Report in December 2018.

At that time, you’ll be able to see how your business compares to other small business owners when it comes energy. You’ll receive new ideas based on what other small business owners are doing, and you may even find cost-saving ideas for your business as well.

Now is Your Chance to Be a Part of Something Important

Saving on energy bills in your small business involves much more than just deciding to turn the thermostat in the office down. Do you and your employees feel strongly about the environment? Or maybe you do your part by recycling old office equipment. Or maybe energy cost savings are your focus.

Regardless of what your energy goals are, in December 2018, you’re going to find out what other small business are doing.

Let Your Voice be Heard

Take a few minutes to answer the survey questions for the 2018 Small Business Energy Report sponsored by Constellation Energy in partnership with Small Business Trends and learn more about how to save more energy in your small business.

Best of all — you’ll be eligible for a $100 gift card giveaway just for participating!

Click below to begin:

Start here

Image: Shutterstock

This article, “Take this Survey and Get New Ideas for Saving Energy in Your Business” was first published on Small Business Trends



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Season 3 of Small Business Revolution Looks at Saving Small Local Shops

October 14, 2018 by Asif Nazeer Leave a Comment

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Saving Small Local Shops: Season 3 of Small Business Revolution

Last February, Alton, Illinois won a half million dollar revitalization prize package from Deluxe Corp. Giving Alton’s Main Street a facelift was part of the project, but don’t be mistaken. The transformation was also about revitalizing business and community going beyond mere physical appearances.

Now in its third season, “Small Business Revolution” (the TV series Deluxe created to document this transformation) gets into the struggles faced by local businesses and how the experts at Deluxe help turn things around for them, a process affecting the entire town.

Small Business Trends sat down with Amanda Brinkman, Chief Brand and Communications Officer at Deluxe, and Ty Pennington, TV personality and this season’s co-host, at the Next Millennium media studios in New York City for an on-camera interview about season 3. The video and transcript are below.

Season 3 is on Hulu and YouTube and you can watch all eight episodes in full — even back-to-back if you want to. For a limited time, the public is invited to nominate the town they believe should win Deluxe’s next $500,000 Small Business Revolution revitalization.

?

Small Business Trends: Amanda, for the folks who haven’t watched Seasons 1 or 2, what would you tell them the Small Business Revolution is?

Amanda Brinkman: Small Business Revolution is a show where each season we ask people to nominate their favorite small town and then Deluxe Corporation invests half a million dollars in revitalizing the winning town’s Main Street and small businesses. With previous seasons in Wabash, Indiana and Bristol Borough, Pennsylvania, and now with Season 3 in Alton, Illinois, the entire town is truly transformed through the Small Business Revolution because it’s more than just a show, it’s truly a movement. We’re trying to inspire people within these communities to support the small businesses that are making their town so unique.

Small Business Trends: Is Alton, Illinois like a junior St. Louis or is that not accurate? How would you describe it?

Ty Pennington: I think the cool thing about Alton is that it’s a unique town because of the history. It was certainly industrial at some point. It’s right next to the Mississippi River so at one point this was a thriving town of lots of business because you’re basically on the river that’s bringing all this material through. But times have changed, so now you have the structure, the skeleton of what used to be. But the spirit of the people who still live there know the history, they know how unique the town is, so a lot of people are moving back in who are artists and creative and really cool. And I think what surprised me is how cool and how interesting the people were and how proud they were of their town. But clearly they’re in need of a little help in letting other people realize how amazing this town is to help their business survive. What you find out about Alton is this show is about not just helping business, it’s about helping families that run businesses do it better and survive. While the dream of owning your own business works, it works because of Amanda and the team at Deluxe; the camaraderie is what made me want to get involved.

Small Business Trends: Ty, you’re no stranger to highly emotional show participants…

Ty Pennington: Yes, I came because I wanted to cry on this show…

Amanda Brinkman: He’s good at making people cry too! He made me cry daily!

Ty Pennington: And my mom too in early years. It’s a gift, it’s a gift.

Small Business Trends: That was the question, how many tears were shed this season?

Amanda Brinkman: So many tears of joy and realization. One of the things we do for the small business owners is just that we see them, we affirm them, we say “We understand how hard it is to run a small business. You wear so many hats as an entrepreneur.” Just having someone come in from the outside and saying “You got this. You can do this.” We help them with the marketing that’ll help them grow their business, and their finances — not only understanding their numbers but what the numbers are telling them so they can make better-informed decisions. We help with physical transformation, wish list items that perhaps they might’ve not been able to afford until then, so we help them bolster their business operations so they can get back to doing what they love. So few businesses start a business because they couldn’t wait to build a website or to figure out how to do their annual taxes. They did it because they have a passion or a love for either the craft or service that they do or providing something unique to their community. We love being able to come in and just love on them and help so that they can continue providing for their communities.

Small Business Trends: Let’s talk about the role of Deluxe as the brand behind Small Business Revolution. For anyone who doesn’t know Deluxe, can they learn about the company by watching the show?

Amanda Brinkman: Absolutely. Deluxe for over 100 years has been working with small businesses to help them through business forms and checks to be successful. What you see in the series is really the marketing services side of our business. So we can help a small business design their logo, print their business cards, build their website, social media, email marketing, promo apparel – anything you need to market your business. And you see that come through in the show in a very authentic way. You can’t do a makeover for a small business and not help them with their marketing because it’s one of two problems businesss struggle with, the other being their finances. And so you learn a lot about Deluxe, and you see our heart for the businesses. We’re trying to reach small businesses through the series but instead of advertising at them like our competitors do, we’re actually out there helping them, standing alongside them and trying to create a movement to get more people to support them.

Small Business Trends: For non-brick-and-mortar businesses, is it worthwhile for them to watch? Because the show’s focus is on brick-and-mortar.

Amanda Brinkman: Absolutely. We feel whether you’re running an exclusively online-only business or brick-and-mortar, what you really see in this series is a couple of key messages. One is, you can’t do it all as the business owner. There’s too much to do; you have to rely on outside help, whether it’s for your marketing or your finances or your operations, whatever happens, you need to rely on a support system. The second thing you really learn through this is entrepreneurs feel affirmed by watching this series. They see that small business owners are struggling with the same things they are, because it can be very lonely to be an entrepreneur. You don’t have that infrastructure that’s in a larger company. You can sometimes feel isolated and alone, so there’s something about watching another business owner struggle with the same things that’s very affirming. A third thing is that viewers can be inspired. The whole reason why we do this is because we love telling the stories of small businesses. When you see how hard it is to run a small businesses and how hard these businesses are working at it, you feel compelled and inspired to support them.

Small Business Trends: How can people nominate their town for Season 4?

Ty Pennington: Go to SmallBusinessRevolution.org

Images: Alex Yong

This article, “Season 3 of Small Business Revolution Looks at Saving Small Local Shops” was first published on Small Business Trends



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Best Project Management and CRM Software and More Top Small Business News

October 12, 2018 by Asif Nazeer Leave a Comment

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We are back with another This Week in Small Business and back with a familiar guest.

But to find John “Colderice” Lawson, I had to go to Las Vegas to get him to appear on the show. And I’m glad I did because he’s got some valuable insight into two articles that grabbed my attention this week on Small Business Trends.

This week, John and I discuss the best project management tools and also talk about the best CRM software for small businesses. We each have our favorites and everyone usually does, but our discussion focuses on why it’s the best for our own uses.

When we were talking about the best project management software, John spoke about why his favorite is his favorite.

“It really is to get everyone on the same page,” he says. “That’s the key.”

Then we went into my wheelhouse, which is CRM tools. I don’t have a personal favorite but I can tell you why you definitely need a CRM platform. And in the video this week, I get a little passionate about the common reasons I hear why small businesses don’t use them.

“The thing most people forget to do is follow up,” John adds. “And the CRM tool is going to allow you to do that kind of follow-up and it’s going to remind you 6 months … 8 months into the sales cycle after they’ve purchased … you need this stuff.

For the rest of the discussion on these tools and the value they add to your small business, be sure to check out the video above. And to never miss future This Week in Small Business videos, subscribe to the Small Business Trends YouTube channel today.

You can check out the other headlines important to small business owners by reading the weekly news roundup below …

Economy

SBA Celebrates National Women’s Small Business Month

The Small Business Administration (SBA) is celebrating October as National Women’s Small Business Month by highlighting the accomplishments and challenges women face. In recognition of this month, SBA Administrator Linda McMahon has written a blog on the organization’s site on the entrepreneurial spirit of women.

Employment

Amazon  Plans to Lobby Congress for $15 Minimum Wage Angering Some Small Business Owners

Amazon is raising its minimum wage to $15 on the first of November for American part-time full-time, temporary and seasonal employees. Amazon Minimum Wage They’ve also said they’ll lobby Congress to push for a similar bump federally.

91%  of Women Employees Believe Business Owners Should Pay More, Offer Better Benefits

Small businesses are making good strides in hiring more women. However, a new Pew Research Center study finds that women still believe business owners should pay more and offer better benefits.

Local Marketing

GatherUp Answers the Question: You Have a Business Listing; Now What?

GetFiveStars recently rebranded as GatherUp. The company says the new name better conveys how it helps businesses leverage their online business listings and reviews. Co-founder Mike Blumenthal told us in an exclusive interview that getting online business listings is only the beginning.

Management

The Truth About Insurance To Protect Your Business From Natural Disasters

FEMA reports that 40% of small businesses close after a natural disaster strikes. That’s why they need the right type of insurance. Brandon J. Clapp, an attorney at Swift Currie’s Insurance Coverage practice group, tells Small Business Trends the challenge is to get adequate coverage.

Retail Trends

November Online Sales Will Eclipse December Totals This Year, Report Says

An analysis of online order data conducted by James and James eCommerce Fulfilment reveals that online retail sales in November will overtake December this year, while Christmas Day will grow as an important shopping day.

Sales

84% of Sales Leaders Don’t Believe They Have the Team to Succeed, Study Says

The 2018 Sales Talent Study from CSO Insights finds a full 84% of sales leaders don’t think they have the team they need to succeed. Even with these obvious talent issues, sales experts aren’t including all the metrics needed to get the best hires.

Social Media

50 Million Facebook Accounts Compromised, Is Your Business Page Safe?

The security breach which was discovered by Facebook (NASDAQ: FB) engineers on September 25 allowed the attackers to take direct control over user accounts; around 50 million of them to be exact. The Latest Facebook Security Breach In addition to the 50 million, Facebook also said there were another 40 million accounts which were potentially vulnerable.

Google Plus to Shut Down: What Small Businesses Need to Know

Google is shutting down Google+ as a social network, effective August 31, 2019. Google made the announcement on October 8, the same day as a Wall Street Journal story outlining that the data of a half million users was exposed.  Google knew about the security issue back in March 2018, but elected not to disclose it to users.

Give Your Facebook Ads Some Holiday Cheer with New Enhancements

If you are making plans to launch your holiday marketing campaign, Facebook (NASDAQ: FB) has just announced new features for video creation, storefronts, and overlays. New Facebook Ad Features The new features have been designed with customizable templates for creating holiday theme promotions as well as campaigns for the rest of the year.

Startup

25% of Americans Own a Side Business, Survey Says

A new survey from The Hartford has revealed around 57 million Americans or 25% of the population own a side business. Even though unemployment rates are low and the average wage is increasing, a lot of Americans need a side business to make ends meet.

This article, “Best Project Management and CRM Software and More Top Small Business News” was first published on Small Business Trends



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