| Small Business Trends of 2010 |
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| Written by H. Esme | |
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Page 1 of 3 Each year, thousands of people use their creativity and innovation to start a small business. People start small businesses because they want to work for themselves and offer a product or service with their own personal touch. Others create a small business because of personal or financial reasons. When people find it difficult to secure new employment, creating a small business provides a new entrepreneurial path that can be a fulfilling and exciting journey. There are certain ingredients needed to create a successful small business. Some of these ingredients include a dash of business savvy and a determination to succeed. Small business owners also need a clear understanding of business trends.
The Social Media EraOne of the largest small business trends is the growth of social media networking sites. These sites present a new era of internet. Entrepreneurs have to use social networking tools if they expect their businesses to go to the next level. Some of the leading examples of social media sites are Facebook, Twitter, YouTube, Slideshare, and Flikr. The growth of these sites has exploded. Social networking sites have become such an integral part of culture that these sites are spilling over into businesses. Businesses are using social networking technology to make their products and services more enticing to users and create exposure for themselves. By using the right sites, companies and small businesses are creating blogs and videos that lure in new customers and open up the possibility of gaining media attention on a shoestring marketing budget. These sites open the doorway to more visibility and draw the attention of demographics that small business owners could only dream of reaching years ago. The trend of social networking has dominated 2009 and will dominate 2010. It’s not expected to go away anytime soon. Entrepreneurs will likely see this trend evolve and grow even more domineering in the future. The old school version of this trend was when small business owners simply used the telephone, word of mouth, or even the postal system. Today, social media rules. |
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The Financial Bailout: What It Means For the Future of Your BusinessShawna Ruppert
Many average
Americans, including small business owners, are waiting and wondering
what kind of an effect the financial bailout plan will have on them.
As a matter of fact, most are unsure what the bailout actually means.
Obviously, they are struggling through this economic crisis just like
everyone else. All they want to know is what all of this means to the
future of their business.
+ Full Story |
