How business will change in 2012

Christian Lanng, CEO of Tradeshift, the fastest growing social network for businesses shares a few predictions on how business will change in 2012: 

1. Local will be the new global: A lot of manufacturing and sourcing of services are going to be local again.  Rising cost of transport will force larger customers to buy locally and a new generation of low cost automated manufacturing equipment will make small business competitive again.

4 Things To Think About Before Setting Up Your Small Business

Everyone wants to own a business and work for themselves, and you are getting ready to do it. However, no small business started on a whim, no successful ones anyway. There are many things you need to consider before your business dreams become a reality, and this article will help you realize the four most important things you must think about.

Business Niche

The Five L's On How To Open A Cupcake Shop!

It's obvious as our economy struggles that there are a lot of folks who have figured out how to open a cupcake shop. You see them on main street in bigger cities and operating from homes in small towns. It's a growing business and many have found their profitable niche in this exciting opportunity. However, if you are thinking of trying your hand at the cupcake industry there are five L's you should consider.

Five Top Tips For Identifying New Sales Leads

Whether we are in a new recession or slowly grinding our way to a brighter future, anyone who runs a business knows that they need to focus on two things right now. First they need to make sure they are managing their expenses prudently, ensuring that their costs match the demand they are seeing.

Can I Bank on a Loan for My Small Business?

Your business dreams are sitting there waiting to be hatched, but money is the issue. On the other hand, your small business is in desperate need of some financial assistance or is looking to expand and needs a little kick in the wallet.

As President Obama pointed out in September regarding the American Jobs Act, everyone understands that small businesses are where the majority of new jobs start.

How the Economy is Killing Americans

CreditLoan just rolled out a very compelling infographic, showcasing statistics on how the US economy is actually affecting our health. It looks like Americans are cutting back on basic necessities. Healthy nutrition and medical practices are declining; stress and anxiety are on the rise.

Sales Outsourcing vs. Handling Sales Internally This Christmas

If you are thinking about how best to market your business' products in the run up to Christmas, one of the most important decisions to make is whether you will handle sales internally or outsource sales functions to a third party organisation.

Each approach has its own advantages and disadvantages. If you are handling sales internally, you will benefit from the fact that your employees know your products and their customers better than most independent organisations will. This may in turn help sales pitches seem more natural than if they had been carried out by a third party. Your internal sales team may also tend to sell products more softly as they are less likely to be paid substantially on commission.

Key Skills for Small Business Owners

As the owner of a small business you must find the balance between a variety of roles. You will play the owner, manager, worker, accountant, salesperson, safety officer, receptionist and more. All of this can be overwhelming, especially when only one or two of these positions actually fall within your realm of experience.

3 Marketing Tips For All Affiliates

With all the competition online just about every entrepreneur can benefit from some sound and useful marketing tips! This is especially the case for those selling affiliate products since this business model is a hugely popular one! The best part about operating your own affiliate business is the minimal financial investment needed and the income opportunity available!

Local Marketing For Faster Small Business Growth

Who recognizes your business better, people around you or people away from you? Even though the answer looks simple, these things are the ones which most businesses often miss. It's like shouting out loud and failing to whisper it to someone close by. So, start local first and go global later. Here are some marketing tips for accelerating your local business growth:

 

Hit local directories and search engines

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