Great Business Ideas: Promote with Prepaid Phone Cards

Great Ideas for your Small Business: Promote with Prepaid Phone Cards Phone cards have been popular in europe since the mid-1980s when British Telecom first issued them to make it easier for customers to call home from Germany and France. But they took another ten years to take hold in America. “We in the United … Read more

Great Business Ideas: Host an Open House

Great Ideas for your Small Business: Host an Open House One of the best ways to acquaint customers and clients with your business is to arrange a visit. An open house combines a social event with the ability to do some serious one-to-one marketing. Of course, if you deal with toxic chemicals or dangerous machinery, … Read more

Great Business Ideas: Market Your Service-Based Business

Great Ideas for your Small Business: Market Your Service-Based Business Selling your expertise—an intangible product—requires a much different approach from selling a product that sits on the shelf. Some professionals, like doctors and lawyers, are limited by professional ethics to marketing their services through specific channels. If you’re a consultant, you have more options. One … Read more

Great Business Ideas: Publish a Newsletter

Great Ideas for your Small Business: Publish a Newsletter In this age of instant information on the Internet, it’s comforting to know that there is still a vibrant market for old-fashioned printed newsletters. There are about 5,000 subscription newsletters and thousands more for free, according to industry experts. Newsletters cover everything from fly fishing and … Read more

Great Business Ideas: Hire a Mascot or a Celebrity

Great Ideas for your Small Business: Hire a Mascot or a Celebrity Brenny watt didn’t set out to find a mascot for her small store, but she ended up with a famous cat. “One day, a stray cat wandered in, and we started to feed her,” said Watt. “Then one night, we accidentally locked her … Read more

Great Business Ideas: Free Up Your Sales Force

Great Ideas for your Small Business: Free Up Your Sales Force “Most salespeople love to sell but hate to generate their own leads,” said the co-owner of a financial planning firm in Orlando. “So we invest a great deal of time and money for telemarketers to generate leads. This frees the salesmen to do what … Read more

Great Business Ideas: Put Your Company Name on Everything

Great Ideas for your Small Business: Put Your Company Name on Everything When they first started making “rack Sacks,” plastic bag holders, Exhifix Inc. didn’t have much money to spend on advertising. That’s why they printed their company name and phone number on every product. As a result, it became very easy for people to … Read more

Great Business Ideas: Design a Great Sign for Your Business

Great Ideas for your Small Business: Design a Great Sign for Your Business When you don’t have a lot of money to spend, your sign becomes a magnet for business. It’s a perpetual advertisement. Lloyd Miller, with Canterbury Travel Inc. in Winter Park, Florida, uses a clever sign to lure customers. “I own a travel … Read more

Great Business Ideas: Give It Away

Great Ideas for your Small Business: Give It Away No matter what kind of business you’re in, “free” is the most powerful word in your marketing vocabulary. Offering potential clients or customers a no-charge deal is an excellent way to gain new business. For example, Sprint signed up thousands of new customers by offering small … Read more

Great Business Ideas: Set Up a Strong Referral Network

Great Ideas for your Small Business: Set Up a Strong Referral Network Unlike the folks at big companies, small business owners are usually eager to help each other out by making referrals. Entrepreneurs really believe that “what goes around, comes around.” While many referrals are made informally by word-of- mouth, some entrepreneurs take it a … Read more