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Friday, September 28, 2007

Finding Phone Answers For The Very Small Business

by: Chris Brennan

Start-ups, small growing firms and even home-based businesses are underserved by the telecommunications industry. But there are telephone systems that fit if you know where to look.

Telephone systems have grown in sophistication by leaps and bounds in recent years, but for the most part, very small businesses have been on the outside looking in. And with the recent evolution in Voice over IP telephony (VoIP), the gap between what small business needs and what the market is offering is only getting wider.

While galloping technological advancements have ushered in amazing new features and inversely lower prices for most office equipment, full-featured phone systems have remained largely out of reach for small companies. You can afford a photo-realistic slimline desktop color printer now for a fraction of what it cost just a few years ago, and you can beam your appointment book back and forth from your wristwatch to your laptop for under a hundred bucks, but the prices of telephone systems have not decreased at the same rate. Most small companies are forced to cobble together telephone solutions with a combination of multi-line telephones, answering machines and costly monthly telephone company services.

True phone systems are far more powerful, offering flexible automated call answering features, call messaging and call routing that can improve a company’s professional image, control communication costs and increase connectivity and responsiveness.

It is widely acknowledged that small business is the engine of job creation and economic health today. With a sophisticated, mobile workforce and limited resources for dedicated phone answering staff, small business needs advanced phone systems as much as its larger counterparts do. Yet according to a recent Yankee Group study, 58 per cent of small firms in the United States don’t have a phone system at all. More than 5 million businesses have fewer than 20 employees, so there’s a big market for phone systems, but the leaders in the phone industry have never been able to produce products to fit the bill.

Why? The answer lies in the size; small business is too small for the big traditional telephone systems, and the scaled-down solutions that the industry has produced so far still have price tags that are too big for small business budgets. Big phone systems just don’t work for very small companies, and the fewer the phone users, the more difficult the fit.

Private Branch Exchanges

Large corporations use Private Branch Exchanges, or PBXs, which allow many phone users to share a system with fewer telephone company lines, based on the idea that not everybody uses their local phone extension at the same time.

PBXs inherently offer the best telephone system functionality available. As anyone who has ever worked in a corporation knows, PBXs handle calls impressively with features such as ring groups, call cascades, auto attendants, voicemail and more. But PBXs have traditionally been massive systems for thousands of users. When PBX manufacturers started to turn their attention to small companies, they found it difficult to scale the concept down. The big companies that make PBXs are not focused on very small business, so they don’t fully understand the space.

The result has been a little like a major auto manufacturer stripping a car of two of its wheels and most of its body and then trying to enter the bicycle market; the results are ungainly and overly expensive. Small business phone systems from the major PBX manufacturers tend to be intimidating and difficult to use, difficult to install and usually require technical staff or consultants and expensive, proprietary phones.

Limited Small Business Solutions

So where are small companies without phone systems getting their voicemail? How are they handling incoming calls? How do they integrate teleworkers and mobile workers? They may use Centrex services; telephone company voicemail and separate lines for each phone user, which add a big boost to the monthly phone bills. While telephone companies all over the country are all too happy to offer increasingly complex business services, the additional billing can add up over time to prohibitive levels.

And there’s no real integration with offsite workers other than simple call forwarding. The proliferation of cell phones in the majority of small businesses has, paradoxically, made staying in touch with customers and collaborators even more difficult. Businesses have to give customers and co-workers different phone numbers for the office and mobile phones, each with separate voicemail systems, both of which are costing the company extra money every month.

Finding Phone Systems that Fit Small Business

Not all of the news is bad, though. A select few companies have realized that the very small business is underserved, and they’ve been producing small business systems that make sense. There are excellent systems to be had in the market, if you know what to look for. The smart new generation of small business phone systems have all of the features of their larger counterparts without the big business prices.

When shopping for a system, look for the ability to easily install and configure it on your own. Installation can cost a significant percentage of the total cost of traditional phone systems. User-configurable systems allow you to control the way your phone system works without having to pay the manufacturer or a third-party technician to do it for you. The best of the new small business phone systems enable you to do it yourself and save.

Another important feature to look for is cell phone and remote phone integration. If you have teleworkers and mobile workers, you need to be able to collaborate smoothly without giving out dozens of different numbers to your clients. There are small business systems on the market that can connect all of your phones through one central system with one number.

Expandability is crucial too. Make sure that the system you buy today can grow to accommodate the changes in your company tomorrow. And the changes in the industry — with the emergence of Voice over IP technology and new advanced Internet telephony services, your phone system needs to be ready to connect to the IP network while maintaining your connections to the traditional telephone network. Look for hybrid systems that are built with SIP standards to ensure compatibility and avoid obsolescence.

One promising entry in the field is the TalkSwitch system by Centrepoint Technologies. TalkSwitch is a hybrid phone system that offers IP and traditional telephony, and it’s designed specifically for businesses with as few as one and as many as 32 phone users per location. Available online and through resellers, system integrators and interconnects, the compact, user-friendly TalkSwitch is a prime example of the next wave of systems that provide the power of PBX at prices that small business can afford.

Copyright 2004 Chris Brennan

About The Author

Chris Brennan is a communication specialist focusing on small business issues.
http://www.ctrpoint.com
information@talkswitch.com

Google AdWords and AdSense - A Dynamic Small Business Marketing Duo

by: John Jantsch

Unless you have been living under a rock for the last year or so, you probably know that Google has become the king of the search engine hill. There are many reasons for this but number one in my opinion is that above all else they put value on content. Today I want to introduce you to two very powerful small business advertising options created by Google.

These two ingenious programs have all but revolutionized the way advertising is done on the web. Warning: If you are thinking..."web advertising isn't for me, I just need a few more clients around the block"...you better read this or be prepared to have your competitors eat your lunch.

Goolge AdSense - Again content is king at Google. This program allows web site "publishers" to add some code from Google and receive "content relevant" ads on their site from other site owners. Here is an example - those ads in the box on the right of the page are delivered by Google and are matched to the content on the page. When someone surfs to the page and decides to check out one of those ads, the web site owner earns a portion of the advertising revenue that Google collects.

The key here is that if you go to a site about quilting, you will see ads about quilting and not about dog grooming. I know this sounds so obvious but Google was the first to really figure this out.

This program has worked so well that some website owners are actually building content specific sites and paying for them solely through AdSense revenue. Small business owners should consider adding this feature to pages on their site for several reasons.

I've already mentioned the fact that there is money to be made, but what many site owners are finding is that because Google is so respected and because the ads are highly targeted...they are no longer looked at by surfers as ads, they are looked at as content.

Some will even go as far as to say that by putting the Google ads on your site you actually better your chances of higher rankings with Google. Google flatly denies this claim and I don't think it is true but I do know that Google AdSense ads should be on every small business owner's site. (Google AdSense)

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Another Warning: This is somewhat complex stuff. This article is only meant to introduce you to the power of these programs. Check out Google Cash by Chris Carpenter for a deeper understanding of ways to make this work for you.

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Google AdWords - I've already talked about those ads you see on websites, well those ads need to come from somewhere don't they. AdWords is Google's program for advertisers.

Any site that wishes to participate bids for "keywords" that are relevant to their product, service, or site and then creates ads to attract hits. These ads show up on private websites, like this example, and on the right side of Google search results like this search for "Free sales letters and tools" As you can see from this Google search you received the content related sites that you searched for but you also get some related ads that are sponsored.

Now here is where Google is genius. Instead of simply subjecting surfers to any ads that anyone is willing to pay for, they actually police the ads that are running. On some pay per click programs, whoever is willing to pay to most wins. Google uses a performance model. In other words an ad that is the most relevant and therefore receives the most clicks will move ahead of an ad that may pay more but isn't as effective. This simple philosophy is why Google has quickly dominated the PPC world.

Okay...and now the really big innovation

Regional targeting. Google recently introduced a system that allows advertisers to target certain metropolitan markets only. In other words, a remodeling contractor who only wants to do kitchen remodels in say, Denver, can bid on the keyword phrase "kitchen remodel" and only have his ads show up for people who live in and around Denver.

The implication this has for local small business owners is staggering. In the example above, our Remodeler can now tap into highly targeted web traffic for pennies per lead. In my opinion, small business owner who learn the ins and outs of this medium will dominate their markets. (Google AdWords)

Look for more on this topic in the future.

Copyright 2004 John Jantsch

About The Author

John Jantsch is a marketing consultant based in Kansas City, Mo. He writes frequently on real world small business marketing tactics and is the creator of “Duct Tape Marketing” a turn-key small business marketing system. Check out his blog at http://www.DuctTapeMarketing.com/weblog.php

25 Valuable Phone Numbers For Small Businesses Success

by: BZ Riger-Hull

Starting and growing a small business can be a daunting and sometimes lonely process we have compiled a list of 25 helpful phone numbers for agencies and services that work with small businesses. They can give you information, ideas, and resources to help you be more successful.

•Small Business Administration, 409 Third Street, SW Washington, DC 20416 1-800-U-ASK-SBA Created to help America's entrepreneurs form successful small enterprises, and offers financing, training and advocacy for small businesses in every state.

•Online Woman’s Business Center this PDF lists contact phone numbers and resource information for Woman’s Business Centers all over the US http://www.onlinewbc.gov/wbc.pdf

•Internal Revenue Service, Help for Small Businesses, Live Telephone Assistance Call 1-800-829-1040 Tele-Tax recorded tax information Call 1-800-829-4477 Produces publications that offer advice to help small businesses meet their tax obligations. http://www.irs.gov/businesses/small/

•Equal Employment Opportunity Commission, 800-669-4000 Oversees government regulations and policies affecting equal employment opportunities.

•Occupational Safety and Health Administration, U.S. Department of Labor Occupational Safety & Health Administration 200 Constitution Avenue Washington, D.C. 20210 800-321-OSHA (6742) OSHA's goal is to save lives, prevent injuries and protect the health of America's workers by establishing and enforcing standards.

•United States Patent and Trademark Office, 800-786-9199 Assists businesses in protecting their investments, promoting goods and services and safeguarding consumers.

•Service Corps of Retired Executives, 1-800/634-0245 A nonprofit association dedicated to entrepreneur education and the formation, growth and success of small businesses nationwide.

•Council of Better Business Bureaus, 4200 Wilson Blvd, Suite 800 Arlington, VA 22203-1838 (703) 276-0100 Fax: 1 (703) 525-8277 Nonprofit organizations designed to promote ethical business standards.

•National Association for the Self-Employed, P.O. Box 612067 DFW Airport Dallas, TX 75261-2067 1-800-232-6273 Provides access to resources and specialists needed to answer questions, and offers material to help small business owners stay current with the latest news.

•American Success Institute, (508) 651-3303 Nonprofit educational organization offering business and leadership programs through educational workshops and motivational videos and books to help small businesses become and stay successful.

•Inc.com from the publishers of Inc magazine a wealth of useful information and how to’s http://www.inc.com/guides/ Inc Magazine PO Box 3136 Harlan, IA 51593-0317 800-234-0999

•Quill office products and business supplies up to 65% off with custom business services available, 800-789-1331

•United Parcel Service, 1-800-PICK-UPS Package distribution company offers a variety of pick-up and delivery services for small businesses.

•American Marketing Association, 311 South Wacker Drive Suite 5800 Chicago, IL 60606 (800) AMA-1150 Fax (312) 542-9001 Can answer questions and concerns about marketing new products and services or evaluate a business' current marketing strategy.

•American Bar Association, 740 15th Street, N.W. Washington, DC 20005-1019 202.662.1000 Can counsel small businesses regarding legal issues facing their companies or help locate a lawyer appropriate for their needs.

•American Institute of Certified Public Accountants, 888-777-7077 aides small businesses searching for help with taxes and other accounting issues, as well as provide assistance in selecting an accountant that is right for their particular business.

•Public Relations Society of America, 33 Irving Place New York, NY 10003-2376 Phone: 212-995-2230 Fax: 212-995-0757 From developing a news release to delivering a speech, PRSA can help small businesses with communications needs.

•American Association of Advertising Agencies, (212) 682-2500 Can provide guidance to small businesses wanting to advertise their wares, as well as evaluate the appropriateness of using an advertising agency rather than advertising on their own.

•Minority Business Development Agency, (888) 324-1551 Funds business development centers across the nation.

•Business Network International- is a business and professional networking organization that offers members the opportunity to share ideas, contacts and most importantly, referrals. 199 South Monte Vista Avenue, Suite 6 San Dimas, California 91773 (Outside Southern California) 1-800-825-8286 (Fax) 1-909-305-1811 (Inside Southern California) 1-909-305-1818

•The National Black Chamber of Commerce 1350 Connecticut Ave. NW Suite 825 Washington, DC 20036 (202) 466-6888 Fax: (202) 466-4918 Advocates, promotes, educates and develops African American Chambers.

•U.S. Hispanic Chamber of Commerce, Promotes the expansion of Hispanic business opportunities. 2175 K Street NW, Suite 100, Washington, DC 20037 202-842-1212, Fax 202-842-3221

•Center for Women's Business Research 1411 K Street, NW, Suite 1350 Washington, DC 20005-3407 USA 202-638-3060 Fax: 202-638-3064 is the premier source of knowledge about women business owners and their enterprises worldwide. The Center’s mission is to unleash the economic potential of women entrepreneurs by conducting research, sharing information and increasing knowledge about this fast-growing sector of the economy.

•Small Business Advancement National Center Box 5018 201 Donaghey Avenue Conway, AR 72035-0001 (501) 450-5300 FAX (501) 450-5360 Your Center for Entrepreneurship and Family Business. http://www.sbaer.uca.edu/

•The National Business Incubation Association, 20 E. Circle Drive, 37198 • Athens, OH 45701-3571 USA (740) 593 4331Fax: (740) 593-1996 is the world's leading organization advancing business incubation and entrepreneurship.

•Bonus website - Start up Journal the Wall Street Journal center for entrepreneurs http://www.startupjournal.com/

About The Author

©BZ Riger-Hull. Author of The Soul of Success http://www.in-spiros.com For valuable free articles, mailto:A1@smartautoresponder.com Certified as a Success Coach, “Four Agreements” Facilitator, & Tele-Course leader We help you communicate powerfully, reduce stress, Strategically Attract success, & increase your financial well-being. Our coaching programs and Tele-Courses give you the Tools you need to Succeed.
bz@in-spiros.com

The Game Plan – the Difference Between Small Business Success and Failure

by: Jan B. King

It is an American dream to own a business. But sadly, according to the U.S. Department of Commerce, only 1 in 5 businesses is still in business 5 years after it opens.

A business needs a great business plan, but it doesn’t give management enough information to have a successful, profitable business. You dramatically increase your chance of success with a game plan. According to a PriceWaterhouseCoopers survey, over half of the fastest growing firms not only have business plans, but also have separate game plans to keep them focused on what must be done day to day.

A business plan gets you in the game. A game plan keeps you in the game. To use the sports analogy, it’s easy to see how you are going to win the game in from the locker room. Most businesses don’t have a working plan that takes into account what actually happens on the field once play starts.

A business plan is a sales brochure and a game plan is an instruction manual. You send a business plan to potential investors and others to excite them about the business. A business plan is about strategy. You create a business plan at a management meeting. A game plan is about tactics and is created by and for the people on the front lines. A game plan talks openly about the good, the bad, and the ugly in the business and is used by people in the business to make decisions every day. It talks about what to do in a crisis.

Here’s an example of what I mean:

The CEO takes a look at his balance sheet and decides that his company has too much of its cash tied up in inventory, so he gets his managers together and creates a new corporate objective for the year - to reduce inventory by 25%. If they do that they will all be entitled to a bonus. The managers aren’t stupid – they know the only way to reduce inventory is to sell what they can and not replace it. So they put on a special promotion for their hottest selling items, they reduce the inventory of those to almost nothing, and they get their bonus. But what has really happened here. The CEO’s company is now left with the inventory of the items that weren’t selling, and they don’t have adequate inventory of their best selling items. The CEO didn’t really lead, the employees cared more about their bonuses than doing what was right for the company, and there wasn’t a plan of action that was tied into a meaningful company objective.

A game plan focuses on these things: creating big goals that matter, giving individual employees responsibility to carry out their portion of those goals, creating a budget and a reward system that supports the goals, and tools to allow employees to measure their own progress.

Steps in the Game Plan Process

The game plan requires a series of steps, beginning with the CEO getting in touch with his or her desires for the business. Then, the management team must delve into what is real for the business today – understanding the business model (how the company makes money), having a handle on what is happening in the market, and finally, knowing what is happening in the company culture. With all this background work done, the actual creation of the game plan begins. At best, it is a facilitated process of discussions matching what is real today with what is possible tomorrow, in the long run and in the short run.

A game plan only looks out a year at most, but within the context of a much longer period of time. The company might decide where they want to be in five years – the game plan is just the next series of steps toward that longer-term goal. There is no point in setting objectives for which there aren’t adequate resources, so objectives and budget are discussed in tandem. Another challenge of the game planning process is to define success for each objective and decide how it will be measured.

This is a time for healthy argument as sales wants more resources to increase revenue, product development wants more of the objectives to be toward R&D for the company’s future, and the operations manager wants more staff to improve quality. This is also the time for managers to consider the implications for all the decisions. And it is the time for the CEO to create a connection between the objectives and each of the managers so that there is personal commitment to the success of the company. If managers are not committed, they will never be able to expect commitment from other employees.

Turning Objectives Into Actions

When the company objectives and budget are ironed out, about half the work is done. A second series of steps takes the objectives set at a corporate level, and creates specific action items for each employee that support the department and then company objectives. Just as the CEO and the managers hashed out the process of give and take between what is today and where they would like to be tomorrow, each manager must go through the same process with the departments’ employees. Each employee must have a series of actions, but most importantly, each employee should know where they stand at any time they wish to check.

For instance, if the objectives for a customer service employee are to keep call length to an average of 2 minutes, have sales of an average of $50 per customer who calls, and to return all calls within 24 hours, then you want that employee to be able to find the measurements for those objectives as often as he or she wishes. The goal is for the employee to have access to just as much information about his or her performance as the manager. An employee who can assess his or her own progress real-time will correct performance deficiencies without a manager’s insistence.

The Plan Isn’t a Secret

The final piece is constant communication about the plan and the company’s progress to the employees. The game plan is not only communicated initially, it must be kept alive throughout the year with meetings focused on measuring progress toward the goals. Successes should be celebrated frequently.

In my own company, we used something we called a Game Plan Circle to illustrate our plan each year. It was a six-foot circle with our vision in the middle that radiated out to cover company objectives, department and individual objectives. It served as a visual we could refer to in meetings to keep us on track.

The Bottom Line

Don’t let your business become another failure statistic. A business plan is a great first step in starting or fundamentally changing a business. The next step is a game plan – a translation of that business plan to each employee’s actions every day.

About The Author

Jan B. King is the former President & CEO of Merritt Publishing, one of the 50 largest woman-owned and run businesses in Los Angeles and the author of Business Plans to Game Plans: A Practical System for Turning Strategies into Action (John Wiley & Sons, 2004). She has helped hundreds of small businesses turn their business plans into game plans with her book and her ebooks, The Do-It-Yourself Business Plan Workbook, and The Do-It-Yourself Game Plan Workbook. Visit her site at www.janbking.com for more information.
jan@janbking.com