Tag Archives: business information

5 Hot Industries to Start a Business in 2012

18 Dec
English: A business centre in Plovdiv

 

 

 

 

 

 

 

 

EMPLOYMENT SERVICES
Today’s business environment is hyper-competitive and constantly in flux. To increase response time, companies have turned to temporary employees, in an effort to stay productive while managing overhead. This trend is projected to continue through 2012, pushing up the employment rate in this sector by 54%. Interestingly, employment services will be a major player in the home healthcare industry, the sixth best industry to start and grow a business, according to our survey. Hospitals and other medical facilities will rely heavily on temporary workers to meet the needs of the aging baby boomers. All told, between now and 2012, the sector should see a healthy output rate of 5.1% each year.

CONSULTING
As the economy expands and the nature of business becomes more complex, the demand for consultants increases, which helps explain the huge 55% job growth expectation for this industry, as well as a healthy 4.1% per year rate of output through 2012.Business consultants are projected to do well, based on the increasing number of businesses that will need help drafting business plans, budgets, and international strategies. Businesses also will continue to need consultants specializing in government compliance to help navigate the federal government’s sea of regulations.

HOME HEALTHCARE
While employment in the health service industry is projected to grow 28% by 2012, employment in the specialized home health care industry is expected to be nearly twice that, or 54.5%. Each year, over 7.6 million people are provided with home health care services. There are two reasons for this growth: demographics and medical advancements. In demographic terms, the number of people in older age groups is growing faster than the total population because of the post-war baby boom followed by a drop in the birthrate of American woman. Secondly, advancements in medical technologies have extended the lives of the very ill and the very old. The combination of these two factors means that the need for home healthcare and nursing and residential care will grow.

CHILD CARE
When women started pouring into the workforce 30 years ago, a new industry was created: childcare. The child day care service industry has become one of the fastest-growing businesses in the U.S. It takes in more than $11 billion annually, and it’s projected to get bigger, thanks to an expected increase in the number of woman between the ages of 15 and 44 entering the workforce. With the 40-hour work creeping upwards, parents will need more childcare services, particularly later into the evening and on weekends. For these reasons, the number of persons working in childcare is expected to grow 43% by 2012.

ENTERTAINMENT
The baby boomers are going to be the richest retirees in our nation’s history. So what are they going to do with their cash? Spend it, of course. With plenty of time and a penchant for enjoying life, the baby boomers are expected to drive the arts and entertainment sector, which is projected to increase in employment by 31.3% over the next decade.The arts, entertainment and recreation sector, which includes anything from golf courses to casinos, will also benefit from a younger clientele. Over the last decade, the saving rate among Americans has fallen, partly because of an increase in the cost of living, but also because of increase spending on discretionary items. This trend, coupled with the demand from baby boomers, provides entrepreneurs with many business opportunities.

For more information visit Inc.com





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11 Home Based Businesses for 2011

16 Jan

2011 is here and those of you looking for ideas on what types of businesses to start do not have to look very far.

Inc.com has put together a list of the hottest home businesses for 2011.

Etsy Craft Master
Dennis Anderson

Anderson Soap Company

When Dennis Anderson was asked if he considered himself more of an artist or an entrepreneur, he thought for a moment and replied, “Well, somewhere in between. I like creating things.” Anderson has achieved what so many Americans crave: he has turned his craft—organic soap making, or saponification—into a profitable business from his home. Anderson Soap Company launched in 2007 in his California apartment, and has since moved into a rented house in Portland, Oregon, where he lives with his fiancée and children. Anderson, who started out as an accounting major in college, fell in love with soap making after taking a chemistry course that taught him the process. He has sold soaps to buyers in all 50 states and distributes internationally to Malaysia, Singapore, France, and Sweden.

Quirky Kid’s Clothing
Jenny Ford

Monkey Toes

The children’s clothing industry is a multi-billion dollar market, and a recent surge of interest for specialized kid’s gear has given companies like Monkey Toes, a Colorado-based venture run by Jenny Ford, a niche in this burgeoning market. Monkey Toes is a line of animal and insect-themed footwear for children. Ford started the company in 2002 after drawing designs on her daughter’s shoes. “I thought, ‘Oh, that’s cute,’” Ford recalls. “I fell in love with it.” She chose to keep her business at home to be able to spend more time with her two young daughters, but lack of an office hasn’t stymied the growth of the brand. Ford currently distributes in stores all over the world, and recently signed a new distribution deal that will take the product into the hands of 100 representatives around the country.

Building Better Communities
Kene Turner

EpiLife

Kene Turner understands the value of building a better business. After all, that’s his job. The mission of EpiLife is to help organizations achieve social responsibility by implementing special project-based initiatives within their communities. Before launching EpiLife, Kene worked for the YMCA of New York, where he taught youth entrepreneurial programs. EpiLife is based out of Turner’s home in New York City, and represents his desire to give back to the community that helped him in his own childhood. “When I was a teen I lost my mom to cancer,” he says. “I never knew my father. I was a child in transition. I had family, but not much. The ones that really helped me were members of the community…and it was that message that I want to implement into a venture or business.”

eBay Powerseller
Ann Whitley Wood

Willow-Wear

Ann Whitley Wood is an attorney-turned-entrepreneur who saw a market for designer goods and collectibles on eBay nearly 10 years ago. In what started out as a hobby, Wood now manages over 350 listings on eBay through her store Willow-Wear, and works with about 40 clients on any given day from her home in Texas. In 2010, Wood sold over 1,100 items for about $450,000—making her one of eBay’s true “powersellers.” Though she does not keep inventory in her house, working from home has been an integral part of her business. “I had to be able to sell on eBay from home, in between taking care of my children and managing the rest of life,” Wood says. To be successful as an eBay entrepreneur, Wood says you must have an acute understanding of your product, as well as your competition.

Online Wedding Resources
Emily Newman

OnceWed.com

Wedding dresses are bought (one hopes) only once, making them one of the most expensive purchases in a woman’s life. So Emily Newman thought, why not buy second-hand? “I saw a need where women my age were dealing with a lot of the same things,” says Newman, the founder of the Once Wed, an online wedding community, based in Atlanta. “They didn’t have a huge budget, but they still wanted to wear a beautiful dress.” So Newman and her husband, who works in online advertising, teamed up to launch Once Wed, a site for brides-to-be. The site has grown from a used dress listing service to the be-all resource for brides, similar to TheKnot.com. Once Wed puts together inspiration guides and a popular blog, which helps drives traffic to the site.

Social Media e-Commerce
Hakan Nizam

NetFoliage

NetFoliage is a web development company that creates web sites for small businesses, entrepreneurs, and artists. It’s also one of a growing number of web development companies that specialize in building e-commerce sites and online stores for social networking sites like Facebook. Nizam, who is originally from Istanbul, has been based out of his Brooklyn apartment since he launched the company in 2007—and plans to stay in his home, too. “Honestly, it didn’t even occur to me to rent an office,” he says. “I didn’t have the time or the need to think about. I would never do it—it’s becoming a lifestyle. I can go on vacation without worrying about anything. I turn off my phone and the business is closed.”

Mommy Blogger
Michelle Mitton

Scribbit.blogspot.com

You don’t need to attend a BlogHer Convention to realize that “mommy bloggers” are a force to be reckoned with. Michelle Mitton was one of the first “mommy bloggers” to make a name for herself and her blog Scribbit, almost six years ago. In 2008, she was selected by The Wall Street Journal as one of the top ten blogs about motherhood, and her site attracts nearly 60,000 page views every month and 2,300 daily subscribers. Mitton publishes recipes, household tips, product reviews, and has even written a book about blogging, all from her home in Alaska. “With so many blogs out there, you have to be the ‘purple cow’ as Seth Godin talks about. I try to diversify my topics a bit—I even have a few men [readers].”

Curated E-mail Newsletter
Chris McCann

StartupDigest.com

Chris McCann (pictured) and Brendan McManus launched StartupDigest.com as a resource for entrepreneurs looking to get involved in their community and connected with other entrepreneurs. The site has seen remarkable growth; in just a little over a year, the site has grown to 100,000 subscribers and has spread to over 50 cities. And though the content reaches people all over the world, McCann and McManus rarely have to leave their house in Palo Alto, California. “When you’re on a shoestring budget, and if the deciding factor is to spend money to get the office or spend money and do the marketing and get the product out there, do all that stuff first,” says McCann. “An office should not be high on your lists of priorities.”

Sports Content Aggregator
Ann Gaffigan

WomenTalkSports.com

Ann Gaffigan felt that there needed to be more mainstream media coverage of women’s sports. So, about two years ago, she teamed up with two co-founders to launch WomenTalkSports.com, an online network that has become one of the most thorough purveyors of women’s sports news. “We didn’t research the market for this,” Gaffigan says from her home in Kansas. “It just came from our belief that something like this really needed to happen, and we want the next generation to see positive female role models.” There are over 100 websites that link to WomenTalkSports.com, and about 70 bloggers on the site. While the site’s traffic varies depending on the season, the site swells when national competitions are brought to the spotlight. During the Vancouver Olympics, for example, the site had over a million visitors.

Custom Men’s Shirts
Danny Wong

Blank Label

Who said custom designed shirts had to be expensive? Blank Label is a Boston-based start-up that allows users to design custom dress shirts, choosing the fabric, pattern, buttons, and size, for a modest price under $100, depending on the extras. Blank Label was created by Danny Wong (center) and three co-founders (and classmates) in the summer of 2009. After a brief period of incubation by their college, Babson, the team chose not to take on an office lease. “It worked better for us,” says Wong. “We didn’t want to pay for office space.” The founders lived together in Shanghai for several months, developing relationships with suppliers and working out of their living room. At one point, they were operating with members based from home in three different time zones around the world, but Wong says it’s never been a problem.

Application Consulting
Stacy Blackman

Stacy Blackman Consulting

Stacy Blackman knows what it takes to get into one of the nation’s top MBA programs. Blackman, a who received her own MBA at the Kellogg Graduate School of Management at Northwestern University, turned her passion for helping students gain admission into MBA programs into her full-time job after years working in private equity. “When I first started my business, I wasn’t trying to start a business; I was just doing something I really enjoyed.” Now, Stacy Blackman Consulting has turned into one of the premier MBA international consulting firms, with clients and consultants based all over the world. Blackman has even graced the cover of Fortune, and published a book titled The MBA Application Roadmap.

Visit www.inc.com for more information.

Where to find manufacturers!

18 Oct

  1. Alibaba screenshot

Image via Wikipedia

Are you looking for manufacturers to who can help bring your products to life?  why not try Alibaba.com. Are you looking for shoe manufacturers? or manufacturers who can work with you to develop the latest brand of makeup?. You can find a manufacturer for virtually any type of product on Alibaba.com.

Alibaba.com is the global leader in e-commerce for small businesses and the flagship company of Alibaba Group. Founded in 1999 in Hangzhou, China, Alibaba.com makes it easy for millions of buyers and suppliers around the world to do business online through three marketplaces: a global trade platform (www.alibaba.com) for importers and exporters; a Chinese platform (www.1688.com) for domestic trade in China; and, through an associated company, a Japanese platform (www.alibaba.co.jp) facilitating trade to and from Japan.

Alibaba.com also offers a wholesale platform on the global site (www.aliexpress.com) geared for smaller buyers seeking fast shipment of small quantities of goods. Together, these marketplaces form a community of more than 53 million registered users in more than 240 countries and regions.

Alibaba.com has offices in more than 60 cities across Greater China, India, Japan, Korea, Europe and the United States.

A word of caution courtesy of Allbusiness.com and Alibaba.com

When dealing with any online business, you want to make sure you take the necessary precautions to protect yourself.

Here are some tips to prevent you from being a victim of fraud.

  1. Do your homework. Don’t just take a supplier’s word to be the truth. You are ultimately responsible for your business and the deal you do, so make sure you are comfortable. Once you find a supplier you would like to do business with, Google them. Do a search on Alibaba.com forums on the Safe Trading Center. Ask other people involved in global trade if they’ve heard of them.

  2. Ask for references. When you find a supplier it will tell you how many years they’ve been an Alibaba.com member. We strongly recommend that you work with a GOLD SUPPLIER (this means they’ve been verified by a third party), but you should also ask them for references of other companies they’ve done business with in the U.S.

  3. Do a bank reference check or credit check on your potential supplier. This way you can find out if there are any outstanding problems pending.

  4. Familiarize yourself with import/export terms and laws. You don’t have to be an expert to do this, but you need to know the basics to make sure you are covered and that your goods don’t get stopped in customs. The Official Alibaba.com Success Guide by Brad and Debra Schepp is a great place to find out everything you need to know to get started.

  5. If a supplier is pressuring you to make a decision fast or send money quickly, don’t do it. This is a red flag and a quality supplier will be willing to work with your timeline. Be very careful in the payment method you select as this will make a big difference in how you are protected later.

 

 

Top Networking Sites for Entrepreneurs!

28 Jul

Hi Ladies!

Are you getting the results you want for your business on Twitter and Facebook? Although they are both great websites for advertising your business and for networking, you may want to explore other options.

Below is a list of networking sites we feel are best suited to entrepreneurs. Networking is an essential part of any business because it allows you to build new business relationships and generate business opportunities at the same time. Many entrepreneurs agree that business networking is a more cost effective method of generating new business than advertising or public relations efforts. This is because business networking is a low-cost activity that involves more personal commitment than company money.

    LinkedIn.com
    The purpose of the site is to allow registered users to maintain a list of contact details of people they know and trust in business. The people in the list are called Connections. Users can invite anyone (whether a site user or not) to become a connection.

    Meetup.com

    Helps groups of people with shared interests plan meetings and form offline clubs in local communities around the world.

    Ecademy.com

    A business network for creating contacts and sharing knowledge.

    Entrepreneur Connect

    A community by Entrepreneur.com where professionals can network, communicate, and collaborate with others.

    Fast Pitch.com

    A business network where professionals can market their business and make connections.

    xing.com

    The platform offers personal profiles, groups, discussion forums, event coordination, and other common social community features. Basic membership is free.

    biznik.com

    Biznik is an award-winning business networking community for anyone growing a business.

    AmericanExpressOpenForum

    An online community to help business owners grow their businesses.

    Networking for Professionals

    A business network that combines online business networking and real-life events.

    StartupNation

    A community focused on the exchange of ideas between entrepreneurs and aspiring business owners.

    Young Entrepreneur

    A forum-based site for entrepreneurs and small business owners who are passionate about promoting business for themselves and others.

Look like a million dollar company without the price tag!!!

23 Apr

You’ve launched your business and it’s growing at a steady pace. You have a home office, but don’t want to bring clients there. The thought of paying thousands of dollars every month for an office space makes you nervous. What do you do?

One word: REGUS


“Regus is the world’s largest provider of workplace solutions, offering the widest range of products and services that allow individuals and companies to work however, wherever, and whenever they need to.

Regus operates over 1000 business centers across 450 cities in 75 countries. Products and services include fully furnished, equipped and staffed offices, world-class business support services, meeting conference and training facilities and the largest network of public videoconference rooms all serving over 200,000 clients daily”.

Some of the services provided include:

  • A prestigious address
  • Your mail forwarded or saved for you to collect
  • A local telephone number with scripted call answering, screening and forwarding
  • Your messages passed on by phone, SMS, email or via secure online portal
  • On-site admin support, for everything from photocopying to travel bookings
  • All the benefits of a full-service office without the overhead

Prices start at $49 per month for a virtual office, however there a number of different products you can choose from.

One of the most attractive products on offer is the businessworld membership plan. Regus businessworld is a great option for entrepreneurs who are always on the road.

The different types of memberships are:

  • Blue: Instant discounts and special offers on Regus products
  • Gold: Unlimited walk-in access to executive business lounges and cafés with free high-speed internet and complimentary refreshments
  • Platinum: An office in an open plan environment wherever you need it, whenever you need it
  • PlatinumPlus: A private office in any of Regus’ centers worldwide

For more information please visit  www.regus.com

City Girl Business Club Launches Mega Business Directory

20 Apr

With over 345 pages of information, the City Girl Business Club’s Mega Directory is full of incredible contacts and resources to help you launch your business.

Save time by browsing through the Mega Directory, take notes and chose the best services for your business.

The Mega Directory was created to ease your search for information and contacts during your business launch.

The following is an example of some of the categories in the Mega Directory to assist you with your search. Use each one as a tool in your quest for information and contacts:

Angel Investors & Venture Capital Firms
Grants & Scholarships for Women
Free & Low Cost Business Counseling
Legal Help, Trademark, Copyright
Wholesalers & Manufacturers
Business Training & Seminars
Government Resources
Tradeshow Producers
Business Plan Writing Software & Services
Media Buying Agencies & Publicity
Packaging & Supplies
And much, much more!

Where to find Franchising Opportunities!

13 Apr

If you are thinking of starting a business but can’t decide what type of business to start, you might want to consider franchising.

The great thing about franchising, according to franchising.com ” is that it allows individuals to start their own businesses without the sweat equity and headaches associated with starting a business from scratch. Hundreds and hundreds of franchise systems have already perfected the products, services, and delivery mechanisms into a proven and successful formula”.

Two great resources for franchising opportunities are:

Franchising.com

With Franchise.com you can search for opportunities by Alphabet number, Industry, Location, or franchise type.

Franchisegator.com

With Franchisegator.com you can search for opportunities by Alphabet number, Industry, Location, or Investment type.

Caution: Starting any business takes careful planning and thorough research. Before you decide on a franchise, make sure you find out as much information as possible about every aspect of the business.

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