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Showing posts from February, 2018

5 Truths To Outlast The Coronavirus Outbreak | Joseph Prince

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Marketing and sales

https://www.sba.gov/business-guide/manage-your-business/marketing-and-sales Make a marketing plan Marketing takes time, money, and preparation. One of the best ways to stay on schedule and on budget is to make a marketing plan. It describes the actions you’ll take to persuade potential customers to buy your products or services. Your  business plan  should contain the central elements of your marketing strategy. Your marketing plan turns your strategy into action. Use these sections in your marketing plan Most marketing plans cover these topics. As always, use what works best for your business. Target market Describe your audience in detail. Look at the market’s size, demographics, unique traits, and trends that relate to demand for your business. Competitive advantage Describe what gives your product or service an advantage over the competition. It might be a better product, a lower price, or an excellent customer experience. Sometime

Buy Assests and Equipment

https://www.sba.gov/business-guide/manage-your-business/buy-assets-and-equipment Buy assets and equipment Your business will need special assets and equipment to succeed. Figure out which assets you need, how to pay for them, and whether you should buy government surplus. Content Know the assets and equipment you need Decide to lease or buy Consider buying government surplus Know the assets and equipment you need Business assets fall into three broad categories: tangible, intangible, and intellectual property. Depending on the asset type, you’ll have to decide whether you want to buy or lease assets for your business. The first step is figuring out which assets will help your business succeed. Tangible assets — like buildings, vehicles, and equipment — are used for regular business activity and lose value over time. Things like printer paper, which get used up, typically don’t get counted as assets. Count tangible assets on your  balance sheet  

Stay Legally compliant

https://www.sba.gov/business-guide/manage-your-business/stay-legally-compliant   Stay legally compliant Keep your business compliant with state and federal business laws. Your legal responsibilities will depend on your business and location. Content For your own records: internal requirements Ongoing state filing requirements Ongoing federal filing requirements Maintain licenses, permits, and recertification For your own records: internal requirements You’ll need to meet external and internal business compliance requirements. Most external requirements involve filing paperwork or paying taxes with state or federal governments. Internal business requirements are for your own record keeping. You should document your compliance with internal requirements closely with company records. You might need them when you decide to  sell your business  or if a legal action is taken against your business. Requirements by business structure Cor

Hire and manage employees

https://www.sba.gov/business-guide/manage-your-business/hire-and-manage-employees  http://webapps.dol.gov/elaws/ebsa/health/employer/index.asp  https://www.dol.gov/general/topic/health-plans/cobra  http://webapps.dol.gov/elaws/ebsa/plans/start.asp Translate SBA en español For Partners Newsroom Contact Us Register Log In Business Guide Funding Programs Contracting Learning Center Local Assistance About SBA Back to all topics Manage your business Manage your finances Hire and manage employees Pay taxes Stay legally compliant Buy assets and equipment Marketing and sales Prepare for emergencies Close or sell your business / Business Guide / Manage your business / Hire and manage employees Hire and manage employees Establish a basic payroll st

Manage your finances

https://www.sba.gov/business-guide/manage-your-business/manage-your-finances  http://www.fasb.org/jsp/FASB/Page/LandingPage&cid=1175805317350 2017 Hurricane Recovery: Get information about disaster assistance, or find out how you can help. LEARN MORE Translate SBA en español For Partners Newsroom Contact Us Register Log In Business Guide Funding Programs Contracting Learning Center Local Assistance About SBA Back to all topics Manage your business Manage your finances Hire and manage employees Pay taxes Stay legally compliant Buy assets and equipment Marketing and sales Prepare for emergencies Close or sell your business / Business Guide / Manage your business / Manage your finances Manage your finances Accounting for revenue a