Posts Tagged ‘Small Business’

Small Business Administration Jobs

In 2002, there were approximately 23 million small businesses in the United States according to the US SBA (Small Business Administration). Small businesses have now come to play a vital role in the US economy creating over two-thirds of new private sector jobs. Small businesses also employ more than half of all workers and account for more than half of the output of the economy. In fact small businesses represent more than 99.7 percent of all employers, pay 44.5 percent of the total US private payroll and generate 60 to 80 percent of net new jobs annually.


The SBA defines a small business as an independent business having fewer than 500 employees. However this is standard varies from industry to industry and firms who wish to be designated as a small business must meet standards specified by the SBA Office of Size Standards.

When most people think of small businesses the first thing that comes to mind is a small firm with few employees. However this perception of a small business is completely wrong. Many small businesses are actually quite large with a number of employees working in different administrative, clerical and executive positions. Small businesses range from an import/export company to a web designing firm to an online merchant account.


Small business administration jobs

Small businesses offer many types and forms of jobs from administrative posts to entry level positions. Working in a small business can be a great advantage as it:

* Offers frequent contact with top and higher level management.
* Gives employees a greater sense of personal involvement.
* Leads to broader work experience.
* Provides better opportunities for on the job learning.
* Provides jobs more tailor made to persons talents.
* Provides faster promotion and personal growth opportunities.

Some small business administrative jobs include:

* Data Entry Clerks

Data Entry Clerks are sometimes called database administrators as well. They play a key position in a small business organization and are primarily responsible for updating, maintaining and retrieving information especially in computer systems. They also transfer paper-based records and information into a spreadsheet or database. The basic work of a data entry clerk involves entering details of new clients; maintaining a client database, transferring paper-based results to a computer; and so on. Data entry clerks are employed in sales and marketing organizations, banking firms, medical organizations and educational institutions.


* Receptionists

Receptionists mainly deal with members of the public, who could be prospective or current clients, or visitors of a small business. Their main job entails providing front desk customer support with answers to queries, and directing visitors/clients to the person they need to see. Receptionists also organize appointments and take bookings as well as keep the reception area tidy, organize reading material and provide refreshments. In smaller firms with not many clientele receptionists also perform a wider range of tasks such as answering the switchboard, take messages, dealing with telephone enquiries, and doing some basic clerical work. They may also handle petty cash and do simple bookkeeping.


* Secretaries/Administrative Assistants

Secretaries are sometimes known as administrative assistants especially in small businesses where their job descriptions overlap one another. They provide administrative support to one or more people in an organization. Though their duties and responsibilities vary according to an employer, their main duties include: using word processors, spreadsheets and databases, answering the telephone, dealing with public enquiries, making appointments and keeping diaries, preparing and distributing papers, documents and files for meetings as well as taking minutes of a meeting, dealing with all incoming and outgoing mail, drafting letters and other essential documents, transcribing important confidential information and maintaining a filing system for the entire office or department. Well-qualified secretaries, can compile accounts, control budgets and present reports.


* Executive Assistants
Executive Assistants usually provide direct support to the Chief Executive of a company and executive staff members. They ensure that CEO remains organized and informed at all times. An executive assistant handles confidential company information as well as manages executive calendars and complex travel arrangements. They interact with high profile clients and corporate executives and co-ordinate company meetings and events.


* Other essential duties and responsibilities include:

o Providing executive administrative assistance to CEOs and executive staff.
o Managing, arranging and scheduling meetings, conference calls and web conferences, as well as making business travel arrangements.
o Composing memos and office correspondence as well as proofreading all forms of communication, and maintaining confidential documents.
o Composes and assists with presentation materials.
o Creates and maintains database spreadsheet files and reports.
o Maintains and creates Confidential Disclosure Agreements.
o Provides investor relations support; distributing press releases and coordinates and compiles literature for meetings and conferences.


* Operations Manager

An operations manager is involved in the day to day management of a small business, when the CEO or GM is not available. Their key responsibilities include; supervisory duties of the entire office staff, maintaining personnel records and confidential files, supervising daily office business when the CEO is unavailable, and so forth. Operations managers are also involved in purchasing, hiring, training and quality control in a company. Their job description varies with each industry; however they work in close contact with the CEO or GM of a company and are usually involved in work policy formulation, salary issues, and manage the day-to-day activities necessary to operate an effective business.

Read the rest of this entry »

The Magic Of Starting A Small Business

I had wanted to write on this for quite sometime now, but all the same, i know it is never late to do so. One thing about being an entrepreneur is that you tend to get all manner of people coming to you either as customers, business associates, employees, family members, friends or investors.

Quite often i do hear this from them "i want to build a big business" or "i want to be rich." While i am not against tall ambitions since i am also an ambitious person, i am against big dreams without the willingness to pay the necessary price.

Most entrepreneurs dream of being the next Bill Gates, Warren Buffet or Sam Walton but they don't seem to know the price these men paid to get to the level they are.

This is the main reason i have a column on my website titled "Lessons from successful entrepreneurs." I purposely introduced the column to enable aspiring entrepreneurs see what it took these entrepreneurs to get to where they are now and to also enable them learn from the mistakes of these successful entrepreneurs.

It is ok to dream big, but the real fact is; are you prepared to pay the price? If you are, then you must be ready to start small. Most young entrepreneurs hate starting a small business. They assemble their business plan, make all necessary arrangements and then wait for an investor that will provide the $1,000,000 capital.

The hard truth is that the million dollar investor might never come and even if they do, they will not invest with you because you lack the necessary business skills and confidence to run a business and grow their money.

So what is the way out? My suggestion to young entrepreneurs who come to me with ideas and business opportunities is this; go and start small or get involved with the process of starting a small business.

I usually advice entrepreneurs who are young in the business world to start a small business based on the following reasons:

1. Most of these young entrepreneurs have no business experience. They have not been confronted by business challenges. But when you start small, you will gain experience and improve your business skills.

2. If you start a small business, you will faced by the initial start up challenges of finding new customers and managing the business system as a whole. Now the truth is; if you can handle these challenges, then you are preparing yourself to handle the challenges of building a big business.

3. In business, there are unforeseen challenges. If an entrepreneur should bend low and go through the process of starting a small business, he or she will come to realize that there is more to building a business than just finding customers.

4. If you are able to start small and grow at a rate of maybe 35 - 45% per annum, investors’ confidence in you will be boosted. The investors will come to reason that since you have gotten to the level you are, a little support will make a big difference. The truth is if you can confidently handle a small business and grow at a steady rate, then you can handle a big business.

With these few reasons of mine, i believe you are now beginning to realize the magic behind starting a small business.

In conclusion, my final advice is this. Even if you take the risk and go through the process of starting a small business, don't get infected with the small business syndrome.

I have seen entrepreneurs start and build small successful businesses but they refuse to go beyond the small business level. They have gotten contented with the small business level. So for you who intend starting small, don't make the same mistake.

At this point, i draw the curtain. God bless you.

Read the rest of this entry »

The Secret to Small Business Advertising Success

These days the single greatest challenge facing every small business owner is the economic recession. The simple fact is small businesses have been hit hardest by the recession. According to The Small Business Economy: A Report to the President produced by the U.S. Small Business Administration, “more than half of the 763,000 jobs lost in the first two quarters of 2008 were lost in small firms.”

This has made finding ways to spend money more efficiently and effectively paramount for a small business to remain successful. While most people will continue to talk about the damaging effects the recession has had on their business, a savvy business owner will recognize the recession as an opportunity to grow their business.

In the past 60 years America has been through nine recessions and recovered from every one. While it may sound strange to think of the recession as an opportunity, if the right investments are made you can easily increase your profits and outpace your competition.

That’s because during a recession most small business owners cut back on spending and especially on advertising. Yet, numerous studies have shown that this is a mistake. In a joint study done by Oregon State University and Western Oregon University dated April 19, 2009 they found that:

“Firms that are able to increase advertising during recessions are likely to have stronger future earnings.” The researchers studied data from five recessionary periods since 1971, sampling data from more than 3,000 firms listed on the public stock exchange.

Another study done by MarketSense compared 101 household name brands that increased ad spending during the recessionary period 1989-1991. For those who cut spending on advertising, it took 2 years after the end of the recession to regain their original position. By that time, aggressive competitors had almost tripled their market share, while less than 30% of those who cut advertising ever regained their market share in the following expansion period.

The question becomes how should a small business owner invest their advertising dollars? Many small business owners will turn to traditional forms of advertising such as: television, radio, newspaper or the Yellow Pages. The fact is however, that these forms of advertising are cost prohibitive and simply not as effective as they once were.

Reaching an audience through traditional forms of media is harder today then ever before. According to Arbitron only 1 out 3 three Americans read a daily newspaper, Ohio-based BIGresearch found that just 1 in 20 people actually watch television commercials. Bill Gates stated: “The Yellow Pages are going to be used less and less… These things always take time, but Yellow Page usage among people, say, below 50, will drop to zero — near zero — over the next five years.” As for radio, according to the Outdoor Advertising Association of America (OAAA) advertisers must buy deep (multiple stations and formats) to accumulate audience reach of over 50%, offsetting the cost effectiveness of radio if the target is a large, broad group of consumers.

Traditional forms of advertising are also cost prohibitive for a small business owner looking to reach the widest audience with a limited budget. Advertising in a regional or local newspaper for a 3 x 5

Small Business Grants Significant Article

I am sure your quest for small business grants has come to an end as you read this article. Yes, gtwo are those days when we have to search endlessly for small business grants information or other such information like business forms, loan for small business, business consultant internet marketing small or even business finance funding loan small. Even without articles such as this, with the Internet all you have to do is log on and use any of the search engines to find the small business grants information you need.

Small business finance acts as a stepping stone for the small businesses, to explore innovative and holistic approach of business to increase their profits. With small business finance borrower can minimize the difficulty of funds that the borrower comes across during the business.

Small business loans are advanced to businessmen running small business or those who want to start their own venture. Small business finance is available in both forms, secured and unsecured small business finance. If you don't want to risk your property you can avail unsecured small business finance, but if you want to avail loan at low interest rate secured business finance is the best option for you. Small business finance open to albeit good credit borrower or bad credit borrower. Anyone suffering from arrears, defaults, CCJ, IVA, bankruptcy etc. can also avail the benefits of small business finance.

Keeping in view the larger interests of the nation, SBS wants more people having the desire, skills and opportunity to start a successful business. It also aspires to help everyone with the ambition to grow a business in getting the needed help and support. Building the capability for small business growth and improving access to finance for small businesses are among the strategies on which SBS is working.

If this article still doesn't answer your specific small business grants quest, then don't forget that you can conduct more search on any of the major search engines like Search.Yahoo dot com to get specific small business grants information.

One way to get a health insurance plan for a small business at a lower premium is to join up with other small business owners. Small business owners can band together to increase their buying power, allowing them to get their health insurance plans at a lower cost than they would if they applied on their own.

There are many different and sometimes confusing aspects of any online business but if your interests are of those of a small online business, then you are in the right place. This article will hopefully provide you with enough information about keeping your small online business afloat that you will feel more confident in knowing that you must be doing everything right within your small online business, otherwise you would already be looking for a different career field, instead of reading up on different materials that have to do with a small online business.

Moreover, there is so much of importance attached to first impressions in networking and sales that it's unthinkable to have a generic business card. The business card should be designed in such a manner that it would reflect strongly about your personality, the organization you represent, the products you deal with and the kind of service you can offer. For example, a business card made out of recycled material emphasizes the fact that you are an environment conscious person. It would immediately create a favorable impression of you and the esteem with which you are held will definitely go up.

It might interest you to know that lots of folks searching for small business grants also got information related to other small business marketing course, small business loan bad credit, and even marketing consultancy here with ease.

Read the rest of this entry »
Advertising

Enter your email address:

Delivered by FeedBurner

Links
Alexa rank

Alexa rank is 3715503.

PHP/MySQL Components, WordPress Plugins, and Technology Opinions at TravisWeston.com