|
|
Stefan Töpfer
CEO & Chairman of WinWeb Email Me |
|
I'm passionate about very small business, it's positive impact on personal lives and for local communities. Reducing small business failure is my aim and that of WinWeb's services. |
|
Archive for the 'market and sell' CategorySmall Business Infrastructure For Business Start-Up.By Stefan Töpfer on Aug 28, 2007I get regular questions about what we really mean by WinWeb’s Small Business Infrastructure? On-demand Small Business Infrastructure™ centers around the idea that business start-ups and growing small businesses need help with numerous administrative tasks that are not core to the business success - such as bookkeeping, it services, internet services, call handling and other such services. These services - if performed by the business owner - cause a great deal of time wasting - while the fixed cost of a business is still accumulating. This is in our minds a fatally floored business model and can easily be remedied with our infrastructure approach. We should not expect business start-ups and small business in general to be accountants, bookkeepers, lawyers, marketing & PR gurus and so on. We should provide small business with an infrastructure in which it can concentrate on core business tasks, while at the same time enabling the business owner to stay informed of all relevant business facts like cash flow, sales, HR issues, tax position and more. This will enable him / her to make informed decisions, maybe with the help of an external advisor. Based on these facts, we have devised a six point on-demand Small Business Infrastructure™ concept, which consist of: 1. WinWeb On-Demand Software Solutions - Anywhere At Anytime.
2. WinWeb 24/7 Live Support - We Are Here For You Always.
3. WinWeb Live - Networking Community for Small Business Only.
4. Business Advice
5. Solution Partners
6. ClimateByte™ Technology - For A Cleaner Future.
WinWeb welcomes any suggestion that will further enhance our On-Demand Small Business Infrastructure™ concept - especially the development of even more eco-friendly business processes - to serve our small business and business start-up client-base.
No Comments » | Trackback
| Share This
Small Business Failure - Reason: Management ControlBy Stefan Töpfer on Aug 28, 2007The typical scenario is you work hard all week, have no live and at the end of it all little money to show for it. This is often a sure sign of loss of management control in a small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer-, Professional-, Personal businesses. The small business health-check questions for this episode are:
The central message here is to be involved in ALL areas of your business ALL of the time - in a management capacity. When I hire people I always hire people who do something better than I, but you have to stay involved.
5 Comments » | Trackback
| Share This
Teamwork for Small Business Is Way To SuccessBy Stefan Töpfer on Aug 22, 2007If you have a group of people working with you - in your office or from home, employed or outsourced - does that mean you have a team? Well that depends how you work together. Small Businesses need to be build a team, a Small Business Team. A team is defined as a group of people who co-operate in such a manner that it achieves more than the sum total of the individuals achieve each, they are united around a common goal and are accountable to the team for their actions. Examples of teams are:
I would suggest that small business owners need to form teams around their small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer-, Professional-, Personal businesses, too. This will achieve scalability, higher efficiency, more professionalism, in other words to grow your business with less growing pains, like struggling cash-flow, excessive financial and administrative overheads and much more.
As you can see we live not only technologically in a networked world - we live in a world of teams, communities and people networks. The benefits especially for small business and even more business start-up, can not be over emphasized - teams perform functions so important for small business success:
Whatever you do, employ new staff, hire a consultant, work with an accountant, think my-team, think my-community and think my-network - because you are building your Small Business Team. Do it even before you open your door for business, during the business start-up phase. So, back to my question for you: Do you work with a Group of people or do you have your own Small Business Team?
1 Comment » | Trackback
| Share This
Competitive Edge for Small BusinessBy Stefan Töpfer on Aug 21, 2007I just posted my Small Business Checklist: Size Matters and was thinking about all the reasons why small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer-, Professional-, Personal business, can be at an competitive advantage over big business. So if you need reassurance that it’s good to be a small start-up business - here are some of my thoughts - and I’m sure you could add to these:
Please add to the list, I would love to do a Small Business Checklist: Competitive Edge - leave a comment.
2 Comments » | Trackback
| Share This
Small Business Checklists: Size MattersBy Stefan Töpfer on Aug 21, 2007Small may be beautiful - but often you will have to appear bigger than your really are, to get that next contract. Here are some pointers to help you to look bigger, more professional and efficient:
Remember your new slogan - “Whatever they can do, I can do better!” or my slogan “What the hell, let’s do it.” For more of my checklists see the Small Business Checklists category and as always please add to my list with your comments, tell us what works for you.
3 Comments » | Trackback
| Share This
Marketing for Small Business and Business Start-UpBy Stefan Töpfer on Aug 21, 2007Starting, owning and growing a small business calls for many skills sets to be used by the owner, financial planning, people management, having a vision and development of a strategy, operational skills, technical, sales and marketing skills. They are all equally important - so lets have a look at marketing. What is marketing? A fundamental marketing concept is Customer Value Proposition (CVP) - to succeed with your small business your must:
Consider these points when developing your marketing plan - a CVP should be part of your strategic plan and be inline with your efficiency efforts for your small business. If you have more than one customer/client segments your small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer-, Professional-, Personal business, is active in than you need to have more than one CVP, but most of the time small business will focus on one customer group and develop into a niche:
Create your own CVP - Customer Value Proposition for your own small business - again it will help you to focus on what is important (core) and what can be outsourced (non-core). Maybe you can share your CVP with us here?
No Comments » | Trackback
| Share This
Why Blogging for Small Business and Business Star-Ups?By Stefan Töpfer on Aug 20, 2007As I mentioned before, traditional business marketing is changing. TV, radio and print media are in decline, because more and more of our time is spent online, the convergence of all these entertainment technologies has been going on for over a decade now and for the time it all seems to be IP - Internet Protocol centric. What has that to do with my small business(?) - you may ask. It is actually crucial for your small business to understand this trent so you can act on it and actually save some money, by not wasting it on the wrong advertising medium. Your small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer-, Professional-, Personal business, may have the greatest product or service, but if you can not make people find you and your products, your small business and business start-up is in trouble, before you even started. There are many parts to the successful small business puzzle and to prevent business failure - blogging could very well be one of them. Every small business website should have a blog connected to it - needless to say that every small business without fail should have a website. It does not matter if you work globally or locally, a website and blog is a must, not just a nice to have. A small business blog will help you with the following:
It is easy to get a blog with your website hosting company or from WinWeb - you can be up and running in minutes. Hosting your own blog can be more technically demanding, but above all it will waste a lot of your valuable time - writing the articles (posts) for your blog is important - not running your server and blogging software. Remember nobody is going to tell your story for you and nobody can tell your story better than you yourself.
4 Comments » | Trackback
| Share This
Small Business and Start-Up EfficiencyBy Stefan Töpfer on Aug 18, 2007When I talk here on my blog about outsourcing, bootstrapping or in my company to my fellow directors about more profit, sales, customers and all that with less time, then I’m really talking about improving business efficiency. I even often misleadingly use the word “grow”, when I really mean efficiency. I’m not one of these people who thinks, that every business wants to grow in size - no, in profit, turnover and efficiency - YES! In todays networked world it is possible to “grow” your business virtually and increase your efficiency at the same time - rather than “grow” your fixed cost structure and decrease efficiency. Here I just want to talk about which steps one might take to a more efficient small business:
The drive for efficiency is an continuous effort in every business, not only small and start-up businesses, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer-, Professional-, Personal businesses. It is this kind of thinking that will determine success or failure of your small business venture. How efficient is your business - to think about that is a much more fascinating way to spend some “free and quiet time”, than watching television - it’s more exciting and rewarding too.
1 Comment » | Trackback
| Share This
Key Account Management for Small Business and Start-UpsBy Stefan Töpfer on Aug 18, 2007You may have heard about the 80% - 20% rule? It basically means something like you make about 80% of your turnover with 20% of your clients. I guess you would also agree with e that these 20% of your clients are very important to your small business and start-up business, like SOHO-, SME, SMB-, Micro-, Lifestyle-, Home-, DIY-, Hobby-, Boomer-, Professional-, Personal business, so what are you doing about that? You should do about it is learn about Key Account Management. What is a key account? They are the customers that keep your small business revenue growing, look at some of the attributes of an key account:
You need to develop and maintain an value adding relationship with your key accounts, because they offer you a constant revenue stream of high quality and reliability - best of all a growing revenue stream. This in turn allows you to plan your business better (cash-flow) for the future, while reducing your sales cost. Get the picture - these customers are among the most valuable assets to your growing small business or business start-up.
2 Comments » | Trackback
| Share This
e-Commerce will boost your BizBy Stefan Töpfer on Aug 01, 2007Small businesses, like home-, micro-, lifestyle-, mobile-, SME-, SMB-, SOHO-businesses, can benefit tremendously by using online IT effectively. Not only can it make daily tasks in a business easier but also create a potential market with an online shop and cater to an audience the business may not have reached out to in the past by traditional means, resulting in more successful businesses. To create an online shop and strengthen e-commerce it is first important to understand how business is done over the internet. You would have to select the domain name and the website addresses thoughtfully and would need to ensure that the design and content of the website reflects your business style. Content should be appealing and should motivate visitors to come back to your website time and again. It is also crucial to analyze the internet service provider that your business uses so that you are in touch with your online clients in an efficient manner. An online office and on-demand small business infrastructure can integrate the many processes that are crucial to a business and this is especially true for small businesses having less than six employees. Your e-commerce should be secure and assure your clients that their crucial financial information is safe on your website. It is important to manage your IT requirements for e-commerce on a daily basis so that your business doesn’t suffer because of any slip ups or technical failures. When you think about starting up your business, e-commerce should be high on your list of priorities, even if you are starting a personal business, like Contractors, Freelancer, Free-Agent, Self-employed and Virtual Assistants. Remember, there is always a nice “market - niche” to be had, products to be sold the big boys will not touch, because the turnover is not high enough for them - but it may be the nice little earner you’ve been looking for.
No Comments » | Trackback
| Share This
|