small business, small business administration, small business management

7 Winning Strategies to Beat Your Competition

[tweetmeme source=”LilBizBigWorld” only_single=false] Operating a small business nowadays can be tough. Even if you have found a niche, chances are, there are others who beat you to it. If not, then once you’ve set up your business and it is going ever so smoothly, there are other companies who pop up offering the same products or services. Continue reading “7 Winning Strategies to Beat Your Competition”

small business, small business administration, small business ideas, small business management, small business marketing

Enter the Group Buying Trend

[tweetmeme source=”LilBizBigWorld” only_single=false] In recent events, the conclusion of the Small Business Round Table Series brought forth a discussion on different topics relating to small business. One such topic is the growing trend, group buying. Continue reading “Enter the Group Buying Trend”

small business, small business management

Top Small Workplaces 2008

The Wall Street Journal recently released their Top Small Workplaces for 2008.

It’s never been harder to create a great workplace. With all the turbulence in the economy, business owners are spending more time trying to boost sales and cut costs than fretting about the well-being of their employees.

But creating a rewarding work environment has also never been more important.

Motivating and engaging workers — and giving them opportunities for professional growth — helps a business retain the best people and ultimately boost the bottom line. And don’t forget, we’re in a changing working world. New generations of workers expect their boss to respect their input and their need for work-life balance. They also want their employer to act socially responsible in the marketplace.

So, what companies are best at delivering all of that? For the second year in a row, The Wall Street Journal teamed up with Winning Workplaces, an Evanston, Ill., nonprofit that helps small and midsize companies create better work environments, to identify 15 small employers that have built exemplary workplaces.

These companies tend to offer generous traditional and nontraditional benefits, share profits with employees and constantly hunt for new ways to make the employee experience better.

If you’re still skeptical about whether such practices are worth it, look no further than these companies. They’re more than great employers; they’re also profitable, growing enterprises — even in this difficult economy.

Check out and have a look at the Top Small Workplaces 2008 in Kelly Spors’ article in Wall Street Journal.

small business, small business management

Green Guide for Small Business

Blair Kingsland, Senior Consultant of Spectrum Innovation Group wrote Green Guide for Small Business in Industry Week.

According to him, “Going green” means becoming more environmentally conscious. It is part of adopting sustainable business practices that balance the conflicting goals of economic performance, environmental stewardship and social responsibility. The main theme of sustainability is “meeting the needs of the present without compromising the ability of future generations to meet their own needs.”

Most small companies have neither the need nor the resources to develop a comprehensive sustainability program. But there is much they can do to improve their environmental performance for the benefit of their business and customers.

By following green principles and practices, a company can reduce its costs (particularly energy expenditures), develop new markets and enhance its reputation.

Why not include this in our small business goals? Well guys, read more on Green Guide for Small Business at Industry Week for more details of this endeavor.

small business, small business management

Small Business Owners on Green Initiative!

What is this green initiative I have been talking about? This relates on our goal setting for every business but the green initiative is commonly used by big scale businesses. But oh-that was before! Here’s an article, telling us all small business owners the steps on how to go for green-meaning Green Initiative in business. Read it on in this article – Achievable Green Initiatives.