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8 Small Business Trends for the 21st Century

To succeed you need to know what’s ahead to better plan and avert danger. The 21st century presents plenty of changes that will impact your small business in the future.

More Trends

Small Business Info Blog

Be Kind

Sunday February 14, 2010

Happy Valentine's Day! With thoughts on romance it's also a chance to spread some kindness. According to The Random Acts of Kindness Foundation, a small business can follow a few suggestions including:

  • Donate a percentage of revenue for the day to a group in need.
  • Buy a big box of donuts and give them to the business next door.
  • Take up a collection to buy needed items for a non-profit.

Act of kindness don't have to be a one time a year event. Your small business has a chance to become involved in a worthy cause. Add some meaning and mission to your business life. Explore how to "Show Your Business Heart With Cause-Related Marketing."

International Networking Week

Monday February 1, 2010

networking

Success in business is tied to your ability to create and build relationships. With limited marketing budgets, networking is a must-have business builder for small companies, freelancers and consultants.

This week celebrate the key role that networking plays in the development and success of businesses across the world with International Networking Week.  BNI, a large business referral networking company runs the event every year. With all types of global events around the world, you have the chance to connect with others in the business community.

Organize Your Business

Sunday January 24, 2010

Poor work processes can have a bad effect on efficiency, productivity and profits. As a business owner, you have a daily, overflowing arrival of information from e-mails to an ever-building pile of paperwork. Can organization aid your business? According to a National Association of Professional Organizers survey, over 28% of workers feel organization of their work space could save up to an hour a day.

The biggest time saver can be taking control of your email. Don't fall into the trap of reading emails and thinking I'll respond later. Later never arrives and soon your inbox is full of important and unimportant mail. Scott Allen, Co-Author of "The Virtual Handshake" recommends "Most people configure their email reader to interrupt them every time an email comes in. This means you are interrupted throughout the day. Instead, we suggest keep your email reader closed most of the day. Only check email once a day."

Flaming Homer

Monday January 11, 2010

Homer Simpsons/FOX Broadcasting

Last night aired the 20th anniversary of The Simpsons, a mile stone in the show's existence. Besides the entertainment value of the show, Homer and friends offer valuable business insight. My favorite "business" episode is the Flaming Homer. In this show, Homer reveals his cocktail recipe to Moe. Moe steals the idea calling it the Flaming Moe and business booms.

Every good business has a Flaming Homer. A special product or method of achieving great results, a Coca-Cola-like formula. To succeed in business; sharing ideas, and getting feedback is necessary. But don't reveal your secrets to a competitor. When disclosing sensitive information, use a non-compete agreement.

The Simpsons provides many business lessons for any entrepreneur. Here are 5 good and bad business lessons for your enjoyment and education. Woo-Hoo! 5 Business Lessons From The Simpsons

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