BUSINESS START-UP Archives

Overcoming the business start-up blues!

Most small business owners who have managed to survive the proverbial
first 2 years in business probably started out thinking mail order was an
easy business to get into.
Chances are the experience would have been a fun-filled nightmare they may
not want to experience again. Sure, it was full of fantasy and hope. But
it also means a lot of hard work and long hours.

When trying to figure out where you want to take your business financially,
it is common for entrepreneurs to extrapolate numbers based on their
advertising budget. This style is perennial among mail order people who equate
advertising as the foundation of their operations.

This approach sounds very logical and statistical, but it doesn’t happen
like that in the “real world” of mail order! Well, maybe once in a blue
moon, but most of the time – it just don’t happen. It’s not always because
your offer is bad or the price is too high. And it’s not always because
your mailing list was bad. Often times, the reason lies in the fact that
you and your company are unknown.

But one of the most important reasons this statistical data only works well
on paper is that most beginners are not skilled in the area of TARGET
MARKETING.
Yes – that word is vital to the money your business will make.

Target marketing is the process of focusing on a select and specific group
of people you are advertising to. And it has everything to do with the
product you are selling.

For example, if you are marketing infant products, it would be very unwise
to stage a direct mail campaign on a random list.

How many times have you got a mailing that went in the trash just because
it was selling a product or service you have no interest in? See what I mean.
If the company mailing these catalogs and advertisements would have
pre-qualified you or I and target-marketed their items correctly – we would
have never received them. It is wasted money for the company!

But how can you pre-quality or target market your audience before placing
an ad? If you are a beginner, it will take some time before you are
experienced enough to do so. However, you can always get a sample copy
of the publication first and see what items other people are advertising.
Then, test your ads in the smaller mail order publication that offer
low-cost advertising until you refine your ad and hit the right market. 
As soon as you begin generating responses to your ads, keep in contact
with these customers and grow from there. They will bring you more customers
like themselves because “birds of a feather flock together.”

Therefore – SLOW DOWN a little – but if you don’t slow down, you could easily get ripped-off
and lose a lot of money. Just like attending college – you won’t get a
Master’s Degree the same day you begin classes. It takes 3-4 years!

Take your time to get to know some of the pros and read what they have to
say. Survey and study the market. Read and educate yourself by investing
time into study. Start out in mail order like you would start working for
any company – at the bottom. Learn the tricks of the trade. Make friends
and associates with “good” dealers and stick with them. Honor your word and
work dealerships to the advantage of yourself as well as others.

Mail order is only a process by which products are advertised and delivered
to consumers. It works for any product and works for anybody. You don’t have
to be rich, educated or a certain age, color or heritage. You don’t have to
wear certain kinds of clothes or have your hair styled in the latest craze.
The only limitations are your own abilities and confidence in yourself.
I know because I started out really poor and brought my business up to
a thriving, self-supporting home business!
a lot of money. Just like attending college – you won’t get a
Master’s Degree the same day you begin classes.

Get Your Site Seen By 1000′s

 

‘Tis the Season for Easy and Affordable Handcrafted Gifts


(ARA) – The holiday season is a memorable time associated with fun, family and lots of presents. As you consider what to give the people on your gift list, why not try something different this year?

Jo-Ann Fabric and Craft Stores suggests, “Let’s make Christmas!” Handmade gifts are a trend across the country due to their highly personal nature and the fact that they often cost less than store bought items.

“This holiday, forget about that boring or expensive store-bought present. Handmade gifts are more popular than ever, and for good reason,” says Susan Atchison, manager of trend development for Jo-Ann Fabric and Craft Stores. “In the current economic climate, people are turning to crafting presents to save money and are discovering that these gifts are so unique that they’re often the gifts that are remembered most.”

Atchison explains that many great gifts can be made for less than $25. She advises aspiring crafters to choose a favorite project and make things in quantities. You’ll save even more money because you buy the supplies and then split the cost. Consider gathering a few friends or family members and creating a gift-making get together! You’ll get crafts done efficiently and spend quality time with the ones you love.

Here are some ideas to inspire you in creating homemade gifts this year:

*An apron is easy to personalize for the baker, chef or grill master.
For the top chef of the family, consider buying a basic apron and decorating it to appeal to their personality. Add that famous family recipe in fabric marker to the front, a clever cooking saying, or even handprints of the grandkids. They are sure to love how unique and useful it is.

* Personalized note cards are fun, festive and useful.
There are always times you need a card to send out to a loved one. Wouldn’t it be nice to have a supply readily at hand? This is a useful gift you can create for anyone from mother to teacher to mail carrier. Buy blank cards and envelopes and decorate with a variety of coordinating papers, ribbons and stamps. You can keep them general or create cards for different occasions such as birthdays and holidays for use throughout the year.

* For the host or hostess who always gives their all.
Traditionally, you might consider sewing a wine bag and bring a bottle of wine to your next holiday gathering. But why not step it up and make a bag for that baguette you’re bringing or a nice container for the appetizer you were assigned for the pot luck?

* Clever pet toys keep furry friends happy.
Creating a gift for the family pet or for your friend who loves animals is the perfect way to show you care. Cat toys can easily be made out of leather and feather pieces. Add a bell and some catnip for some extra pizzazz. Dogs also love homemade toys, just make sure they can stand up to tougher play — rope and thick material work best.

* Deck the halls and deck your friends with stylish clothing and accessories.
Winter-themed clothing is great during the cold months and homemade items are the most cherished. A fleece scarf in a bright color will not only keep the wearer warm, but brighten the wardrobe. Knit hats and mittens are trendy in fashion circles and useful too. Even a hand-sewn fleece poncho can keep your favorite outdoor walker warm during brisk morning jaunts.

* Religious-themed gifts get kids involved.
A homemade gift incorporating the recipient’s religion is something that will definitely stand out. For example, making your own menorah out of fun colored paper and flameless tea lights is an easy and safe gift for a child. When giving, you can explain how the item ties into the time of year and help them to learn about the real reason for the celebration.

* Add a little sparkle to make the season merry and bright.
Nothing brings out the brilliance of the season more than the shimmer of holiday decor.  From shiny, handcrafted ornaments and beaded tabletop trees, to sparkling votive holders or a joyful holiday planter, anyone on your list can celebrate in style with these decorations made just for them.

For more ideas and project instructions for homemade gifts, visit your local Jo-Ann Fabric and Craft Store.

Courtesy of ARAcontent

The Secret to Success in a Slow Economy

Invest in an Industry that’s Seeing Growth

(ARA) – “It was the best of times, it was the worst of times. It was the age of wisdom, it was the age of foolishness.” In the first few lines of “A Tale of Two Cities,” Charles Dickens was referring to conditions in the years leading up to the French Revolution; but he could just as easily have been writing about society today.

While we live in one of the most prosperous countries in the world, many Americans have in some way been negatively affected by problems with the current economy. The credit crunch has persisted despite aggressive Federal Reserve interest rate cuts; retail sales are down; thousands are concerned about losing their homes due to the sub prime mortgage crisis; and gas is so expensive, a lot of people have been forced to park their cars for the foreseeable future.

As if those problems weren’t bad enough, many Americans go from day to day fearing they may lose their jobs. For Shawn Crawford, 38, of Brownsburg, Ind., a suburb of Indianapolis, you could say the writing was on the wall. He used to be the director of operations for a physician group that operated 30 doctor’s offices across the state of Indiana.

“I was responsible for set up, business development and customer service,” he says. “At first I found the job very rewarding, but once the economy started to get bad and the rapid expansion stopped, it reached a point where I feared my own job was about to be eliminated.”

Instead of waiting around to see what would happen, Crawford decided to follow his dream to start his own business. In July of 2006, he quit his job with the physician’s group and became a consultant; but spent every spare moment researching business opportunities.

“I wanted to do something that would capitalize on my experience and help people at the same time,” he says. “I figured people want to look good, feel good and be healthy, so why not open a gym?” But when he started looking into the costs involved in such a venture he became discouraged, that is until he came across some research that showed huge growth potential in health and fitness franchising. According to the International Health and Racket Sport Club Association, while the average growth rate for fast food franchises stands at 20 percent, the fitness sector’s five-year growth has been an impressive 144 percent.

There are a lot of health and fitness franchises out there, but the one Crawford decided to go with was Snap Fitness, a Minnesota-based fast-growing franchisor of compact, state-of-the-art 24/7 fitness centers in Canada and the United States. “The thing I liked best about Snap initially was their business model was pretty much turn-key,” says Crawford. “Unlike a traditional business start-up which would have required a lot of research, development and capital investment on my part, they did all the work for me.”

After he paid his franchise fee and found the perfect location, Snap Fitness provided the blueprint he needed to follow to get his business up and running. He was assigned a project manager who helped him every step of the way.

“The process was laid out and very easy to follow,” explains Crawford. “Snap provided everything I needed to get started – plans for the club design, access to vendors who would sell me the right equipment at a deep discount, all the tools I needed to set up my company Web site and the marketing materials I needed to get the word out.”

Snap also provided the financing, and today handles billing, security and other operational and marketing support for Crawford’s club, which opened for business in October of 2007 and now has about 900 members.

When people ask him for advice about franchising, Crawford advises them to do some investigative work. Talk to a business broker, pick up and read copies of Entrepreneur and the Wall Street Journal, and when they’re ready to proceed contact a franchisor like Snap Fitness directly. Most franchisor Web sites provide rich information about the business model, financial requirements and much more, and they grant access to executives and franchisees during your discovery process.

“We understand what a big decision opening a franchise can be, and that’s why I personally meet weekly with prospective franchisees to answer questions and help them make a decision that’s right for them,” says Snap Fitness CEO Peter Taunton.

“I followed the plan Snap gave me, and I’m quite pleased with my financial success, says Crawford, who is set to open his second Snap Fitness club sometime in April of 2008.

To learn more about this business opportunity, log on to www.SnapFitness.com and click on the link that says “Franchise Opportunities.”

Courtesy of ARAcontent


EDITOR’S NOTE:

If you would like help localizing this story, contact Snap Fitness’ marketing communications director Patrick Strait at 952-426-7173 or via e-mail at pstrait@snapfitness.com.

Cary, N.C. — Bright Technologies, which specializes in implementing information technology solutions to make businesses more efficient and competitive has been selected by Security Marketing Group (SMG) to develop an information technology plan to support SMG’s business needs into the foreseeable future.

Bright Technologies will help to plan and implement an IT infrastructure that will better support the following business requirements for SMG:

1. Dispersed Geographical Coverage Must Not Impede Efficient Operations:
Management and employees are located in several states. Multiple locations and hubs in multiple cities and states will need full access to shared business services.

2. Easy Communications Access is Needed While Traveling:
Employees will need access to business services while away from their home office (fax, email, documents, customer records, ability to handle customer requests, etc.).

3. Additional Services Required from the IT Department Need to be Implemented on a Timely Basis:
For example, new business offerings will need to be quickly supported by a flexible IT infrastructure.

4. Technological Scalability is a Must:
To allow for cost-effective rapid growth, a non-traditional model for IT technology will be required.

Art McCauley, President of Security Marketing Group, said, “We have selected Bright Technologies to steer our IT planning because of their unique focus on strategic IT solutions that will help us to be more efficient over the long run. They have a driving approach to solving our particular business needs that you don’t come across every day.”

About Security Marketing Group:
Security Marketing Group is a 14 year-old Cary, North Carolina corporation. SMG specializes in offering employers a way to enhance employee savings, be it for education, buying a new home, emergencies, vacations, etc., by using SMG’s U.S. Savings Bond Completion Program. SMG has been authorized since 1994 by the Department of Public Debt to market the Savings Bond program. To find out more about Security Marketing Group you can go to www.securitymarketinggroup.com.

Read More:CarolinaNewsWire

With the high prices of placing ads today, why not save money? There’s no special secret to writing and placing advertisements in magazines, tabloids and newspapers. And why not claim the discount given to advertising agencies?

If you handle your own advertising correspondence, work with layout artists and write your own ads, it’s well worth your while to set up your own in-house ad agency and save a ton of money.

Even if you don’t create your own ads, you can profit from setting up your own agency and placing the ads that bring sales directly to you.

If you have somethings to sell – especially by mail order – advertising is they way to make that product reach people. Although advertising agencies produce excellent ads of all types and sizes with every demographic appeal, they also charge for it. That’s why they’re ready to claim the fifteen percent discount usually granted for placing ads.

You can learn how to create and design your own ads – with no background in copywriting or art. And, you can set up your own ad agency to place these ads where THEY’LL MAKE MONEY FOR YOU.

Do you have a product that you’re ready to sell? Now’s the time to find out the best angles to use and the tricks of the trade to putting money in your pocket.

STARTING YOUR BUSINESS

Do you have a mail order business? Maybe you sell clothing, camping supplies, or information through ads to the mail order trade. Perhaps you’ve run classified ads for years and are ready to branck out into larger display ads.

Not only small home businesses, but larger mail order companies and hundreds of major advertisers everywhere set up their own in-house agencies to produce and place ads. Even magazines create in-house departments under another name to get the agency discount.

What might set advertising agencies apart from homemade operations is the appearance of the letterhead and the ad form. They must look sharp and professional.

Start with a name for the ad agency you want to establish. It can be anything, but must be different from the name of the company that will be using the space. Then register the name with the county clerk. Check first to be sure you’re not using a company name already in business.

Desiging letterhead is easier than you think. You don’t have to create an elaborate or clever logo – the initials of the company will do. You can choose the mark – the special type style – at a printers, or use one of dozens of press-on letter styles available at art supply stores.

Using photo offset, digital camera, an instant printer can run off a thousand sheets at a very low price. If you go to a printer, check and compare the total printing costs. Typesetting can be expensive and there’s a minimum charge. You may want to wait to get all your typesetting and printing done at the same time – letterhead, ad form, ad copy and any sales literature you may be preparing. Investigate ways to get by with the lease expense.

Establishing your own ad agency is so easy that the most important part is the form you send in when you place ads. Although there are no federal restrictions for in-house ad agencies, some publications may quibble. If your form looks as good as the rest, you’ll have no problems.

The following page is a representation of a sample ad order form. Just copy this form and have your company design or logo printed on top. You can choose a color paper to have the forms run off on – they’ll be more noticeable. Then all you do is send in a copy of the ocmpleted form with your check and final artwork for your ad – and claim a big discount for being your own agency.

NAME OF ADVERTISING AGENCY

Address

To the publisher of: __________________________________________________

Organization______________________________________________________

Your name_______________________________________________________

Address__________________________________________________________

City__________________________________State________Zip____________

Phone (____)_________________

Please mark your desired ad size in a box below:

q 1/3 page $30 (5.5” x 2.75”)

q 1/2 page $45 (5.5” x 4.25”)

q full page $60 (5.5” x 8.5”)________________________________________________________________

Garner NC City Guide

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VIDEO, DVD, HD-DVD YEARBOOKS

These are growing in popularity. They usually consist of short scenes of

important high school events, such as sports, clubs, candid “people scenes,”

still photo montages, and other memorable items for the students. A well-

edited hour-long video, dvd should be able to be sold for $35 to $80, depending

upon the editing complexity of the video and the size of the school.

The larger the school, the more you can expect to sell. You should first

contact the school administration with this idea. Put together a good

presentation for them, explaining your services and how your video yearbook

will work with the regular yearbook as an added remembrance. A good idea

is to offer to donate a portion, $2 for example, per tape sold to a school

fund or student-supported charity. After the administration, you will

probably need to speak to the school board, principals, and school yearbook

sponsors. This work will be worth it, though.

Try to include in your tape, from time to time, current events or subjects

which will remind the viewers about what was going on at the time they were

in school. One caution, though. Be careful about including copyrighted

items, such as popular songs, in your tape. You will need to get permission

from the copyright holders or risk legal action.

The best way to sell your dvd is to obtain permission to distribute a flyer to the

students in the school at the same time as the regular yearbook information is distributed.

Then, follow up later in the year, giving those who haven’t ordered yet another opportunity. Finally, give another chance at the end of the school year.

From time to time, go to the school and shoot material. Get sporting events,

clubs, quiz bowl tournaments, science fairs, special events, pep rallies,

ordinary day-to-day video, dvd and, of course, graduation. If you’re ambitious,

do a video yearbook for each class! That way, students can end their high

school years with a four-hd-dvd set, documenting that time of their lives from

start to finish!

DUBBING AND DUPLICATING

Here’s an easy service to offer. With a film-to-video transfer device,

commonly available for under $100, if you got VHS and a audio-video projector, you can put

customer’s old home movies on DVDs. There are a few different types

of transfer devices available. The best place to check would be your local

quality camera shop.

You should be able to charge around $20 per hour of film for this service.

A good idea is to add background music to the home movies. Copyright-free

music is widely available on CD. Check advertising and marketing magazines

such as Advertising Age for ads.

You can also offer a duplicating service for customer’s home videos, so

they can give relatives (or America’s Funniest Home Videos) a copy. You

can usually charge a flat fee for this service, depending upon the length of

the tape. Editing together still photos is also a good service to offer,

particularly to people who travel frequently.

There are many other areas just starting to be tapped _ video  on dvd resumes,

video postcards, even video wills. If you come up with a good original idea,

research the market for it. If you find a reasonable amount of people will

be interested in your new service, you may just have a winner on your hands!

Read More Articles: City5nc.com

Add Your Garner NC Business To our Garner City Guide

ARA) – Starting your own business takes passion, patience, perseverance and access to resources. Knowing how to achieve and exceed your goals requires the right advice and support.

According to a recent survey conducted by CIT, a leading global commercial finance company and the Economist Intelligence Unit, middle market business executives stated that attributes like “strong customer relationships” and “having a financial institution who deeply understand their business or industry” are more important to their success than just the strong balance sheet.

“We are challenging the traditional ways lending institutions approach customers,” says Chris Reilly, president of CIT Small Business Lending Corporation (SBL), a unit of CIT. “Our ingenuity and depth of experience has made us the largest independent commercial finance company in the world. We understand that strong relationships are at the core of business.”

Reilly has a few tips for entrepreneurs who are running or planning to start a business:

* Craft a solid business plan. It’s your roadmap and the key to helping your business succeed. If you don’t have a business plan, seek advice from reputable small business advisors who know your business and can help you create and update one along the way.

* Build a good relationship with your bank manager and creditors. Ask for their help and advice in building your business and show a genuine interest in solving problems.

* Find a lender who offers more than just a loan. As your business grows you’ll benefit from the solid advice and guidance that comes from a lender that understands the needs of businesses as they grow from start-ups to success stories. Select a lender that can help you build relationships that will build on your successes.

* Create a community of encouraging people. Develop a network of entrepreneurs that you see regularly with whom you can exchange ideas. The relationships you build with these individuals, organizations or trade groups will provide you with an outlet to problem solve, share successes and learn from other entrepreneurs.

* Act with determination. If you have a good idea, be determined to stick with it through the start-up years and don’t be disheartened by the small setbacks that all growing businesses invariably face.

For more information about starting a business, small business lending and advice to business owners, visit http://corporate-finance.cit.com and select Small Business Lending.

Courtesy of ARAcontent

Look in your mailbox. What do you see almost every day? Coupons. Look in

your newspaper. What do you see EVERY day? Coupons. It seems like coupons

multiply like rabbits. Why? Prices are rising, unlike a majority of

people’s incomes.

Coupons only make good financial sense. But what if you discovered that

someone’s making money from coupons? They are, and so can you, by selling

a special type of coupon.

Manufacturers use coupons primarily to attract new customers. The money

savings entice people to try products they might otherwise not have. The

same can be true of  local businesses in your area. Sure, they put coupons

in their newspaper ads.

But you can give them the opportunity to get their coupons into the hands of the

exact customers they need, and at a far better price than the local newspaper.

You can produce a Local Business Coupon Book easily, inexpensively, and profitably, i

f you follow the steps outlined here.

The first step in running a successful coupon publishing business is to

find the businesses that will advertise with you. Any business that relies

on local advertising is a good prospect.

Here is a short list of businesses you should consider:

Theaters;

Hair Salons;

Fast Food Restaurants;

Record

and CD Stores;

Dry Cleaners;

Supermarkets;

Car Washes;

Muffler Shops;

Ice Cream and Frozen Yogurt Shops.

Basically, any store that could reasonably use a coupon to draw in new customers is a prospect.

You may want to specialize in one area, such as fast food restaurants. Or, cover the whole gamut. Look through your phone book for businesses you might not have

thought of.

When you approach these businesses, target a group within a five mile

radius. It will be more time-efficient for you, and you can use the area

grouping in your sales pitch. Stress the fact that around 80 percent of

their business will come from that five mile radius. Tell them that you

plan to distribute the coupon book within that radius, so it will draw the

best results.

To be really profitable, you should get at least 15 – 25 businesses in the

book. The more, the better.

How much to charge? That depends on how many books you will be distributing, and what your costs are. One coupon book producer charged $100 for a coupon going to 1,000 people in an eight mile radius. His total cost was $300, and he sold 11 businesses coupons. This gave him an $800 profit in one week!

The second step is to create the coupons. If you have a computer, the job

of designing the coupons can be quite easy with some of the word processor/

graphics packages available. If not, talk to your printer. He or she will

more than likely have some ready-made templates for coupons. You can just

fill in the blanks.

Be sure to put YOUR business name on the coupon (in small print, so it

doesn’t distract). Subconsciously, people will remember your business name

and associate it with saving money. In any case, you will need to put the

advertising business’ name, address, phone, logo (if any, many businesses

will have them ready made for you to use), the amount of the discount, any

conditions they may have, and an expiration date. Your printer can help you

with the layout, if you are inexperienced, or you can find easy to use

layout boards at an office supply or art store.

Assembling the coupon books can be done in a number of ways. The easiest,

and recommended, way to start is by simply stapling them together. Only

one staple will be necessary, on the left side of the stack of coupons.

Make a cover coupon with your business name and the name you’ve chosen for

the coupon book. Put that on top of the stack before you staple. Other

methods are perforating/padding, and perforating/perfect binding. Your

printer should be able to provide pricing information on these and other

binding methods.

The third step is distributing. You have already identified the radius

within which you will distribute your coupon books. There are two methods

of delivery you can use. You can either deliver them by car or foot, or

you can bulk mail them.

Bulk mailing is infinitely easier and more efficient, but requires a bit of

paperwork and registration fees. If you are delivering in one zip code

area, you can use either five digit presort mailing, or carrier route

presort mailing.

You should check with your postmaster regarding rules and fees. As soon as

you have mailed the coupons, deliver a copy of the coupon book to each

business that has advertised in it, so they know that customers will now

be bringing them in.

The fourth and final step is follow up. You need to know how your coupon

books are doing. Ask the businesses that advertise in your book to write

the amount purchased by the coupon-bearing customer on the back of the

coupon, and to hold them for you.

Stop by at least once a week and pick up the redeemed coupons. Besides

giving you purchase totals that you can refer to in future sales to new

customers, this also gives you a chance to talk to the businesses about

purchasing coupons in new books. You can show them right then and there

the results they have gotten, and they should be enthusiastic about signing

back on.

It is important to maintain a good relationship with the businesses who

advertise with you. Show them that you are committed to helping them

increase their business. If you care, so will they. This is a fun

business that can be started part-time, and can easily move to full-time.

Remember the man who cleared $800 his first week in this business. He was

just starting out, and you can do that, too!

Garner NC City Guide Business Directory

(ARA) – Starting your own business takes passion, patience, perseverance and access to resources. Knowing how to achieve and exceed your goals requires the right advice and support.

According to a recent survey conducted by CIT, a leading global commercial finance company and the Economist Intelligence Unit, middle market business executives stated that attributes like “strong customer relationships” and “having a financial institution who deeply understand their business or industry” are more important to their success than just the strong balance sheet.

“We are challenging the traditional ways lending institutions approach customers,” says Chris Reilly, president of CIT Small Business Lending Corporation (SBL), a unit of CIT. “Our ingenuity and depth of experience has made us the largest independent commercial finance company in the world. We understand that strong relationships are at the core of business.”

Reilly has a few tips for entrepreneurs who are running or planning to start a business:

* Craft a solid business plan. It’s your roadmap and the key to helping your business succeed. If you don’t have a business plan, seek advice from reputable small business advisors who know your business and can help you create and update one along the way.

* Build a good relationship with your bank manager and creditors. Ask for their help and advice in building your business and show a genuine interest in solving problems.

* Find a lender who offers more than just a loan. As your business grows you’ll benefit from the solid advice and guidance that comes from a lender that understands the needs of businesses as they grow from start-ups to success stories. Select a lender that can help you build relationships that will build on your successes.

* Create a community of encouraging people. Develop a network of entrepreneurs that you see regularly with whom you can exchange ideas. The relationships you build with these individuals, organizations or trade groups will provide you with an outlet to problem solve, share successes and learn from other entrepreneurs.

* Act with determination. If you have a good idea, be determined to stick with it through the start-up years and don’t be disheartened by the small setbacks that all growing businesses invariably face.

For more information about starting a business, small business lending and advice to business owners, visit http://corporate-finance.cit.com and select Small Business Lending.

Courtesy of ARAcontent

YOUR OWN LOCAL NC VIDEO TAPING SERVICE

This is a fabulously profitable business that’s still in it’s infancy. And for sure, if you want a business that takes no special training, expensive office set-up or large investment -yet is capable of showing almost immediate profits – this is it!

Now is the ideal time to get started with your own Video Taping Service. Purchasing and learning how to operate, as well as maintain the necessary equipment is easy. The technological improvements built into the equipment, and the operating pro-

cedures have been so simplified that almost anyone with the ability to read, can study a video instruction manual for a couple of hours and immediately produce professional quality, highly marketable video tapes. Without a doubt, video tape technology has replaced Super 8 home movies as the most-desired memory-saving system.

One- and two-person video taping services around the country are reporting gross earnings of $50,000 to $100,000 per year. One operation we looked into, reported an in come figure of $800,000 during the preceding 12-month period. They were accepting taping jobs from all quarters and keeping 4-hired teams busy.

Marketing imagination, organization, and attention to detail are the keys to success in operating this business. Ideas and requests for new things or events to tape and pre serve for later playback/viewing, are coming in faster than one can list. Then, there are so many things to remember and minor details to take care of, that the only way to operate successfully is with a series of checklists… for the person selling the service as well as the man or woman on the recording camera.

But don’t let mentioning of details to remember, scare you off. On the contrary, you’ll find video equipment easy and inexpensive to practice on, especially when compared to attaining a comparable degree of expertise with film. You can use the same tape over and over again, and this is definitely a business where the phrase “practice leads to perfection,” applies without qualifications or reservations.

To start a video taping service, you’ll need a video “porta-pack” recorder, and at least a half dozen tapes or sd mmc cards Check around in your area. Start by “reading up” on all the available equipment used for video taping. A trip to your public library and a few hours browsing through the periodicals on video equipment should give you added interest and a basic indoctrination. Next, check out the suppliers listed in the Garner NC City Guide online  directory. A few phone calls to those places listed, plus a few in-personal visits, should supply you with enough catalogs and “idea material” to keep you plenty busy for a week or more. These elementary learning steps are necessary as the foundation of your

business.

You should be able to buy a good quality video Cam recorder for about $350, with blank tapes for $20 or less and SD Cards from $15 to $80.   When you buy, always dicker with the dealer – explaining to him that you’re in the process of establishing a video taping service, and

if he will include a supply of tapes with the recorder, or at least give you an especially good price on them, you’ll probably buy all your tapes from him. It may not be your regular way of buying things, but when you’re starting a business, every dollar counts, so always shop around for the best prices.

Once you have your video recorder, take it home and start practicing with it. Think of yourself as being on a job for a homeowner or an insurance company, taking a photographic inventory of the house and/or the occupant’s possessions. Practice by

making a tape record of your own household furnishings. Make a tape, then play it back and critique your work. Then do it again, and again, until you have a tape you can use in sales presentations to homeowners and insurance companies. Video tape recordings of this kind are becoming extremely popular with homeowners and insurance companies alike.

Then, look through your weekend newspaper and make a note of the girls announcing wedding dates. Open your telephone directory and call these girls on the phone. Ask them if they’d mind if you came to their wedding and made a video tape of it, without any obligation to them of course.

So you go to the wedding, introduce yourself and practice making a video tape of the wedding ceremony. Take the tape home and critique it. Keep this up until you have a tape you’re reasonably proud of, and then call the bride. Ask to come over and let her see the tape. Explain to her that you’re just getting started in the business, and you simply want her comments and suggestions. Chances are, when she sees the tape, she’ll want to

buy it.

While you’re in this learning phase of your new business, visit an apartment building and arrange with the manager to make a video tape of her showing the apartment to you as a potential renter. Contact a couple of property management and real estate firms, and do the same thing with condominiums and houses for sale.

You might want to listen in on the police radio frequency, and make tapes of auto accidents, particularly those involving injuries. Another idea might be the taping of golfers practicing at the local driving ranges. Other ideas include any kind of sports practice session, birthday parties, special anniversaries, baptisms, bar mitzvah’s, publicity stories, sales presentations, and “fireside chats” by company presidents or general managers.

These are just a few idea suggestions you might want to pursue. You may find a certain kind of video taping assignment especially enjoyable and want to specialize in that area. Or you may want to leave the door open for any kind of assignment and handle each as the opportunity presents itself.

Whatever you decide, there are a few “sure success” points to keep in mind as you begin to sell your services. Remember, the idea of having a video Cam corder  in one’s home, is gaining in popularity every day. There are already some 8-million video Cam recorders in American Homes, with an estimated 100,000 being sold to new customers every month. Further estimates indicate that by 2008, at ]east one half of all U.S. households will own either a videocassette recorder, Digital Cam Recorder, DVD or a videodisc player. All of this means your market is growing and is expected to continue growing through the end of this decade.

Virtually everyone would like to see himself as a star in a home movie. Thus, when you show him a video tape of himself in the starring role, he’ll either buy the tape on the spot or want you to make a similar tape for him. Regardless of false modesty, everyone likes to show pictures of himself, and explain to his friends the different highlights of his or her life. With this understanding about your prospect in mind when you make a sales presentation, your closing rate should be quite close to 100 percent.

The best way to sell your services is to run a regular ad in your area newspapers. Such an ad might be similar to this one:

VIDEO TAPING SERVICES…

Whatever your idea or assignment, we can handle it for you! No job too large or too small! We’re experts at taping weddings, anniversaries, birthday parties and other special occasions. Commercial assignments also welcomed. Your satisfaction is guaranteed, so give us a call – 123-4567, right now!

When you receive calls in response to this ad, your objective will be two-fold: Find out what kind of taping job they have in mind, and set up an appointment to show them an example of the kinds of tapes you can produce for them. Show them an example of your work. Once you’ve met with them, and sown them a demonstration tape, you should have the sale in your pocket.

Never meet with a prospect in a selling situation without some sort of demonstration tape to show him. Try to match the tape you show them, as closely to their wants and needs as possible. Wedding tapes you have made for prospective wedding clients, and shots of golf practice or instruction to golfing prospects.

Besides an ad in the newspapers, online directories, online classifieds ads and the yellow pages of your telephone directory, make copies of the ad and get it up on the bulletin boards in your market area. Send news and publicity releases to all the media in your area, definitely whenever you’ve got an unusual or special kind of assignment.

Have some impressive business cards printed, and hand them out to whomever, and as often as you can. The slogan on your business card might read: Have Video Cam Recorder – Available for ANY kind of assignment – You name it and I’ll tape it…

Radio and/or television advertising will probably be more expensive than the resulting job assignments will sustain, so be very cautious when considering this type of advertising. However, it will very definitely be advantageous for you to pursue guest in

ter views on just about any kind of broadcast talk show. Talk show appearances and free write-ups about your business in your local newspapers are promotional angles to reach for at every opportunity. Always be on the lookout for promotional ideas and gimmicks that will result in area-wide publicity for your services.

The bottom line is simply this: Don’t be adverse to creating a story or set of circumstances if it results in a talk show appearance or newspaper write-up for you.

How much should you charge for your services? Basically, the going rate in most large metropolitan areas is about $5O per hour you spend on the assignment. Thus, you’re going to have to learn to estimate pretty accurately just how long each job is going to take you to produce a quality recording. It’s always a good idea to check out what other video taping services in your area, or in a comparably sized city in your neighboring states are charging. Newsletters and trade publications serving businesses of this type are available, however, we don’t know of any that have attained national prominence as of the date of this report. Check with your equipment supplier on any that he might know of…

Success with a business of this kind does not require an office set-up or any special education or training. You can start it on a part-time basis from your home, and parlay it into a full time, very high profit profession. The prestige this business will afford you is similar to that of a doctor.

Starting with a young couple’s wedding, if you follow up on each sale properly, you’ll probably end up making tapes for the birthdays of each of their children, school graduations, anniversaries, more birthdays, family histories, last wills & testaments, and into a whole new cycle with each generation.

You will need imagination, an affinity for people and selling moxie. Imagination is important because in many instances, you’ll have to suggest an idea for your taping services. Although just about everybody would like to have a taped record of some event or part of their life to pass along to future generations of their family, most will not be able to decide what to tape until you suggest something to them. You’ll also find that almost no one is aware of even half your capabilities until you make suggestions.

Taking pictures of people requires an ability to get along well with people – get them to relax, and immediately feel comfortable in your presence. You’ve got to be persuasive while exercising a great deal of tact and diplomacy. Make friends easily and quickly. Be aware of, and understanding of wants, desires and ambitions.

Actually, selling and getting along with people, are almost synonymous. Life is an on-going program of selling yourself to achieve your own wants and ambitions. Read a few good books on the art of selling, such as: HOW TO SELL YOURSELF by Steve Girard; and HOW TO SELL ANYTHING TO ANYBODY by Tom Hopkins. Remember, selling is really just a matter or recognizing someone’s needs and then satisfying those needs with a product or service.

Your customers will automatically accept it as fact, that you have the professional knowledge and equipment to fulfill their needs. All you have to do is reassure them, listen to their reasons for these needs, and in closing the sale, become a good friend to them.

And that’s it – the plan that can enable you to get started with your own Video Taping Service. By following our suggestions, and with a bit of energy as well as persistence, you should be able to begin with very little start-up investment and quickly

begin to realize the fruits of your own profitable business.

If you have any questions, or run into special problems, please feel free to call me or drop me a line. Having laid it all out for you, the rest is up to you – Your future is in your own hands…this ad, your objective will be two-fold:

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