Small Business Tips

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A small business blog featuring tips to help entrepreneurs succeed in the small business world. Topics include family business, human resources, marketing, money, networking, operations, ownership, startup, taxes and technology.
Establishing Your Brand

With the success of a company comes the success of a brand which can stand on its own. For example, the Coca-Cola brand is worth about $65 billion, McDonald’s is worth $29 billion and BMW, $21 billion. Those number are for the brand alone – that does not include the actual product, the patents or any other part of the business.

While most businesses will likely never reach the billion dollar range for the worth of their brand, there are some things you can do to make your brand better known and more strongly associated with the product/services your provide.

The Logo
This is where is all begins. Your logo will become the number one association with your product/service. When designing it, you need to consider the perception of the product you want the logo to convey. This can be done through colors, fonts, graphics . . . every aspect of your logo reveals part of what your product/service is. It should be something that is so closely associated with your product, that people can pick it out on store shelves, even if they couldn’t read the product name.

Continue Reading: “Establishing Your Brand”

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By Michelle Cramer
Wednesday, July 18th, 2018 @ 12:00 AM CDT

Marketing |

Taking Business Ques from Nintendo

By now most everyone has had an opportunity to at least try our Nintendo’s latest great invention, the Wii. As a female, I am not much of a gamer. I have one computer game that I play maybe three or four times a year, and only a couple of games on our GameCube that I played either when I was excruciatingly board, or we had company and played together (Mario Cart).

But that has changed quite a bit since we purchased a Wii at the end of August. Before, my husband would have to persuade me to play a game with him, so we could spend quality time together doing what he enjoyed. But he has to do little persuading when it comes to the Wii. Even the goofy games, like those on Wii Play, are enjoyable. Between that and Wii Sports, the whole thing is absolutely fabulous for when we have company over.

You may be wondering, at this point, what any of that has to do with business practices. Well, frankly, I think that those behind the Wii at Nintendo are business geniuses. Let’s examine what they have done with the Wii franchise and what the Wii has done for their business:

Continue Reading: “Taking Business Ques from Nintendo”

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By Michelle Cramer
Tuesday, July 17th, 2018 @ 12:03 AM CDT

Marketing, Technology |

Brainstorming Motivation for Your Employees

Have you ever been to a business meeting that, though the intention was to come up with great ideas for the progression of the business, turned out to be a total flop? Attendees were bored, few ideas were shared, and everyone left the meeting feeling like it was a waste of time? Obviously, such events are a very little benefit to the development of your business, and there are few ways you can remedy that . . .

Meeting Time Equals Play Time
In other words, make the meeting fun. Don’t let everyone go wild of course. It needs to be organized play time, so to speak. For example, start things off with a game. As a suggestion, I read how one business owner asked his employees to write down something no one else knew about them prior to the meeting. When the meeting started, he passed out the responses and the employees had to guess who belonged to each, providing a little fun and humor to get things moving. Another employer brings tinker toys and tangram puzzles to get cognitive juices flowing. Not only do such ideas make the meeting more enjoyable, but they help your employees to relax and be more comfortable around each other and you.

Continue Reading: “Brainstorming Motivation for Your Employees”

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By Michelle Cramer
Monday, July 16th, 2018 @ 12:00 AM CDT

Motivation, Operations, Ownership |