Every year many of the startups come roaring in the market with plenty of new ideas, passion, and energy. Being an entrepreneur is not easy. With the launch of the business, comes many responsibilities and an ever growing ‘to-do’ list. One of the high priority items on your list would be managing your books. Bookkeeping or accounting is the lifeblood of the business and poor accounting ethics can damage the company’s reputation and the trust of their clients. So what do they do? They hire an accountant and pay them a huge amount of money to get things done. For start-ups, Bloggers, Freelancers and small businesses hiring a full time is not the best proposition, and so most of these entities hire a professional at the end of the year to take care of their accounting. And as they do not keep their books up to date they end up rushing through the whole process which may be costly and is prone to error because of inefficiency. And even if the owner is good enough in … [Read more...] about Online Invoicing, accounting software – your business needs now
I am a strong believer in the saying “Money makes money“. You need to spend money to make money. Whether we are talking about blogging or about any other business, when you spend money to enhance your business in any way, you are making an investment in that business. We all agree that blogging can be a lucrative business. But if you are not doing anything to promote your blog’s growth, then you are not doing justification to your blog as a business. In order to start a blog, only a few minor initial investments are necessary. However, if you wish to take your blog to the next level, you need to invest more time, more effort and indeed more money. A couple of years ago when ShoutMeLoud was really starting to grow, I had money to invest toward the further growth of my blog, but I had no idea where to start. I had a handful of money, and I wanted to invest it in the most beneficial ways possible. This was two years ago, and since that time I have invested money into my … [Read more...] about Where To Spend Money For Your Blog Growth
In recent months we have seen how social signals are becoming an important part of search engine optimization. There is no doubt that a well planned social media strategy makes or takes down a brand. For example, Lady Gaga (personal branding) quickly became a smash hit, and social media played a major role in her rise to stardom. Regardless of whether your business is small or large, online or offline – social media provides a great opportunity and advantage for every business. I have frequently written about social media in the past, but I’ve never really targeted my posts for small business owners who are looking to increase sales using the power of social media. So today I’ll be sharing some of the great benefits of using social media for your business, which will help you to decide whether or not social media channels might help to promote your business as it has so many others. In the coming days, I will also be sharing more articles on how to create a presence … [Read more...] about Why You Should Use Social Media For Your Business
Have you developed a business plan for your blog? Does your blog need a business plan? Of what relevance is a business plan to a blogger? If these are the questions running through your mind, please read on as I will provide the answer in details. If a survey were to be carried out with respect to the topic above, it will be observed that over 85% of blogs are being run without business plans and I can also bet that as at the point of you reading this article, you don’t have one. It is well known that one prerequisite to successfully starting and building a business is a business plan. Now if a business plan is an ingredient to business success, why can’t it also be utilized for a blog? Writing a business plan for your blog is definitely not mandatory but if you intend to treat your blog as a business, then I will advice you put down a business plan for your blog. a) Your plan will help you maintain focus The first and probably the most important thing a business plan can … [Read more...] about How to Write a Simple Blog Business Plan in Nine Easy Steps
So you have decided to take the leap and start your own business. What is your plan to execute your business idea? Few days back, I had shared some of the basics for starting your own basics. I continue taking you to the basics, because the new ways have also evolved from these. I mentioned documentation is like your oxygen mask. Whenever you feel out of breath, meaning defocussed, refer to your business plan. Here we will discuss how to write a business plan for a new business. Like always, feel free to suggest or add anything relevant. A business plan essentially means a plan of action to implement certain processes to reach a certain goal, financial or volumetric. You define everything about the business in the business plan. Products, services, sale, revenue, cost of sale, marketing, financial etc. Yes, each and everything should be documented. Office setup, operational setup, marketing plan, things you will need to run and grow your business. How do I write a simple business plan? … [Read more...] about How to Write a Business Plan for a New Business?