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Grow Your Business on a Budget


									Presented by Daniel Toriola
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Grow Your Business on a Budget By Kelly Sims

It's one of the biggest challenges facing small business owners: how do you grow your business on a restricted budget? After all, they say "it takes money to make money". But, how do you get the word out about your business, when you don't have the budget to advertise? And, how do you get the help you need to enable you to build your business if you don't have the funds to afford an extra paycheque? If we were living in the 1980's or even the early 1990's you may have been without a solution to these problems, but fortunately, today, in our world of high-speed internet, 500 Gig hard drives and Internet phone service, there are alternatives. Some of the best ways to publicize your business are absolutely free. An example of this is article marketing; if done well and on a consistent basis, article marketing can cost little to no money and bring you significant results. Let`s look at an example of how this works, assuming that you own a business that distributes fitness videos. When "Joe Smith" decides he wants to buy a kick boxing video in order to take off some pounds, he types, "weight loss kick-boxing video" into Google and he gets a selection of websites and articles related to those search terms. If you were article marketing, one of those links could be to your article. If after reading your article, "Joe Smith" decides he likes what you have to say, he will click on the link to your website at the bottom of your article. He is a highly targeted visitor your site, and all it took was the time to write and distribute your article. Press releases are another method to get the word out about your business, and like article marketing, they can be absolutely free. These are a great way to announce news relating to your business that you can`t afford to advertise. Has your inventory recently expanded? Have you added a new product or service to your existing offerings? Have you become certified, won an award, or are you offering a free product? If so, write and distribute a press release and you will be surprised at the interest that can be generated. If you are feeling overwhelmed by your work, obviously hiring an employee would be the perfect solution. An extra set of hands would help you to accomplish more, which in turn may enable you to boost your sales. But again, without the budget to hire help, this simply isn't possible. Today the easiest and most cost effective way for a business owner to develop their venture is to outsource. Outsourcing can encompass a great many tasks and, for those who don't absolutely need someone to work 40 hours per week, it is more affordable than hiring an employee. For example, if bookkeeping is an undertaking that distracts you from the tasks that generate income, you could conceivably hire a
Word Of Mouth Magic Grow Your Offline Small Business Massively - even on a Shoestring Budget. Page 1

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bookkeeper to work for 10 hours per month (depending on your sales volume of course), and use those 10 hours to increase your sales. If administrative tasks are hampering your growth, you can hire a Virtual Assistant to handle these duties on an "as needed" basis. Don't let a limited budget stop you from building your business into the success it was meant to be. Advertising can be done on a budget and getting qualified help doesn't have to mean hiring an employee. With a little creativity, you can increase your profits and you can do so on even the most limited budget.

Kelly Sims is a Virtual Assistant and Owner of Virtually There VA Services.  To find out if you need to simplify your life, take the "Simplify Your Life" quiz at => . While you are there, don't forget to register to receive her new free mini e-book, "How to Add 2 Hours to Your Day: Lessons in Efficiency".  Virtually There VA Services can be found on the web at => .

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Budget" is Not a Four-letter Word When Used in a Home Based Business By Walt Deal

Budget (from French baguette, purse) generally refers to a list of all planned expenses and revenues. Budgeting: First Step to Financial Success" Budget" is not a four-letter word. A budget is an organizational plan stated in monetary terms. A poorly planned budget is going to be the downfall of most businesses. Don't ever spend money in a Home based business unless you expect to get money (or something as valuable as money) out of it. Spend too much and you will you have to quit before you can make it. A business needs to spend a lot to get itself off the ground. A good budget is one of the most important things in starting a Home based business online. Good planning is very important. When it comes right down to it, planning your budget is one of the most crucial things you could ever hope to do for your Home-based online business. To have a good budget you should have at least as much coming in as you are paying out. You need to write down how much you have to spend a month. Can you keep this up for a month or longer? This is what will make or break it. So take your time and plan out as much as you can in the earlier stages of a business because you do not have to spend a lot of money to get started as your business starts to grow and earn money ,you can increase your budget a lot of people will disagree with this but they want to sell you something usually so just work on one thing at a time. Don't get sidetracked. If you have xxxx amount coming in you should not be afraid to spend this amount to increase your business. A budget is everything to a Home based business. Sticking to it is the most important thing you will have to learn if you want to stop living from paycheck to pay check. This is exactly what good planning for a budget is. You identify what needs to be done from a financial sense. Then you make sure to carry it out in a way that allows you to maintain the cost efficiency that will make it possible for you to keep on when everything goes wrong, and believe me it will. Always keep your Home based business accounts and the money that you budget apart from all of your other expenses.

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The Budget Decorator Decorating with Creativity, Not Cash! Page 5

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