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SUMMER 2005 BOLD PRINT Articles:

Website Q and A
Susan Lawrence, Bold Print Design Studio

Summer is Opportunity for Small Business
Joyce Rosenberg, Associated Press

Write a Successful Press Release
Provided by OPEN Small Business Network

How to Get Clients When You're Starting Out
Column by Steve Strauss, Staples.com

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Website Q and A
Susan Lawrence, Bold Print Design Studio

There is a lot of pressure these days for small business owners to get a website. You may see your competition online, and you might be wondering where to begin in thinking about how, or even IF, you should get a website presence.

Hopefully, these questions and answers can help.

How can a website help my business?
The largest benefit of even the most basic website is simply the bang for your buck. The internet is a low-cost, high-impact medium for exchange of information.

Newspaper ads and television and radio spots cost an arm and a leg, and you pay by the inch or per 30 seconds of time. Online, space is cheap. You don’t pay extra per color as you do in printed materials. Visitors can stay as long as they like. Websites are also less expensive to keep up to date, as opposed to reprinting brochures with new content. So use your 2 inches or 30 seconds elsewhere to direct buyers to your website where the marketing options are endless.

A website also serves as an added customer support center. It provides you with a way to be there for your customers, even when you are closed. It can offer extensive customer support, making information available to your customers (and reducing telephone calls). Providing information in the form of PDF’s for download will reduce your printing and mailing costs.

In addition to the above, a website can also perform many other tasks based on your needs such as allowing potential homebuyers to search through MLS listings online, allowing customers to buy products from your store, enabling vacationers to book your vacation home, and much more.

Consider also that a website offers national, even global, presence for your business. You may think that your marketplace is regional, but clients can come to you from anywhere. Especially working with businesses in the resort area that we are located in, many of their customers are local only a week or two out of the year. The other 50 weeks, they can visit you online.

How much is it going to cost me?
Of course there is no one simple answer to this question. It does depend on many factors including size of the web (number of pages, amount of information online) and special features included such as a feedback form, MLS searches or e-commerce capabilities. Bold Print Design Studio has worked out an “a la carte” pricing system that takes these items into consideration, allowing you to only pay for what you need instead of locking you into a “package” you cannot afford.

Typically, a basic five page informational website will cost around $1500. Adding more pages or minor features such as a contact us form can add a few hundred dollars, and adding advanced featured such as MLS or e-commerce capabilities will add even more.

Another thing to remember is your non-design and ongoing costs. You will need to purchase a domain name (www.yourbusiness.com), and pay someone to host the website on their server. Bold Print offers these services at $15/year for the domain name, and $150/year and up for hosting, again dependent on your needs. Lastly, if you will have additional features, they may occur additional costs. MLS searching ability has a monthly fee, and an online store will require an SSL certificate yearly to keep your transactions secure.

At Bold Print Design Studio, we offer free consultations and estimates. We’d gladly meet with you to discuss your needs, and what you can expect to pay now and down the road for a website developed to meet those needs.  

Do I need e-commerce? Should I sell goods online?
The main benefit of e-commerce is that you can reach a wider range of customers. The drawbacks are the startup costs, and the fact that you'll have more competition online.

Typically, we believe that an online store will more likely flourish if you already have an established business and preferably a real, brick-and-mortar store location. You already have clientele, and can use your real world presence to drive traffic to your website.

Starting a new business for online sales only can be more difficult, but it can be done with a solid marketing plan intact. Talk to us for more details.

How often should my website be updated?
As your company changes and grows, your website content should change as well. We recommend evaluating your website seasonally to ensure that you're providing your customers everything that you can. Once your site is built, adding on or making changes to existing content is quite easy.

Can I maintain my own site, or do I need to hire Bold Print Design Studio to make changes for me?

At Bold Print, we are always focused on creating a website that works best with your needs. We will not ever require that you hire us to do something for you that you can do for yourself.

We can design a site for you that you will be able to edit yourself no matter your HTML skills. If you can work in Microsoft Word, you can make edits to text and images on your website. If you require new pages and major changes to your site, we can offer these services to you at an hourly rate on an as-needed basis with no minimum. Or, we can develop a maintenance plan that includes all of your site changes on a monthly basis.  

We’d be happy to discuss your plans with you to decide the best route to go.

Hopefully we answered some of your questions, but you likely developed many more in the process. If so, drop us a line. We will be glad to help you better understand the world of websites and whether or not it's time for you to get online!

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Summer Is Opportunity for Small Business
By JOYCE M. ROSENBERG, The Associated Press

With the summer offering many small business owners the prospect of a slower pace and maybe even a little down time, it's the perfect opportunity to do some planning, reassessing and catching up.

Owners who take advantage of the summer doldrums say it's a chance to rethink the plans made at the beginning of the year.

"You can make changes to your business model, re-evaluate clients, really plan out your budget and some of the investments you want to make," said Richard Magid, CEO of SoundBoard, a Boonton, N.J.-based company that runs support groups for small business owners.

"You can get a sense of the good, the bad and the ugly — what have we planned for that wasn't done, what have we done that didn't work," he said.

One of the most important items on a summer to-do list is to schedule a meeting with your accountant. Such a session would help give you a clearer picture not just of your taxes, but of your overall business direction for the rest of this year and beyond. It can help you make those decisions on new hiring or capital investment.

Speaking of finances and taxes, did you get an extension until Aug. 15 to file your tax return? If so, finish the return sooner rather than later, so you can focus on other things over the next six weeks.

For companies facing their busiest period later in the year, summer provides valuable prep time.

At Hot Headz of America, which sells merchandise to kiosks at shopping malls as well as other retailers, summer is the time to plan for the holiday selling season, when it ships 80 percent of its products.

"We re-evaluate what we want to do for the winter," vice president Jay Oxenhorn said.

Company executives also use this time to go to trade shows and to find new customers.

The summer is also a quiet period at Walrus Brands, a Chicago-based consumer products company, so owners Gregory Lilien and Ryan Saunders believe it's the best time to implement a new software system.

Lilien Saunders said the summer is the time to plan for the upcoming academic year, as college bookstores are some of the company's big customers. And some of that planning, which includes company employees, is done outdoors, to take advantage of the nicer weather and more relaxed atmosphere.

"We do kind of mini focus groups. We talk about things going on with the company," Lilien said. "It's nice to be thinking about work in a very non-work environment."

Many management consultants advocate bringing a summer atmosphere into the workplace, whether it means holding a barbecue in the parking lot or holding a picnic for employees and their families. A little seasonal levity can go a long way toward lifting morale.

Anyone who gets together with a customer on the golf course knows the benefits of combining business with a little leisure time. Magid says meeting clients at outdoor restaurants is a great way to help further a relationship; he also noted that summer is a good time to reconnect with a customer who has drifted away.

This is also a good time to think about how you want to mark the holidays with your employees and customers — do you want to give gifts, and if so, what kind? Do you want to want to hold a holiday party?

The summer is also a good time to replace or repair equipment and get it up and running before the busy season. If you need repairs or renovations done, it's easier to get it done when some of your staff is on vacation and less likely to be inconvenienced. And this is definitely the time to be sure your heating system is working well.

Magid said it's also a great time for owners to improve their business skills. He suggested they look for a book on a small business topic they need to know more about, and get themselves up to speed before the fall.

Along that line, the summer is a good time to peruse the fall catalogs for local colleges that offer business courses, or to see what seminars are being offered at nearby Small Business Development Centers (sponsored by the U.S. Small Business Administration, they can be located at www.sba.gov/sbdc). And some schools are offering classes during the summer, so it's possible to squeeze in a few sessions on accounting or marketing or whatever area you need help with.

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Write a Successful Press Release
Provided by OPEN Small Business Network

A press release is one of the primary ways you can communicate news about your company to the media. Reporters, editors, and producers are hungry for news, and they often depend on releases to tip them off to new and unusual products, company trends, tips and hints, and other developments. In fact, much of what you read in newspapers, magazines, or trade publications, hear on the radio or see on television originated in press release form. Unfortunately, the average editor receives as many as several hundred press releases each week, the vast majority of which end up getting "filed." Your challenge is to create a release that makes the journalist want to know more and discover that your story is one they must tell.

Use these 10 tips to write a release that will get noticed.

Use an active headline to grab the reporter's attention
The headline makes your release stand out. Keep it short, active, and descriptive; in other words, use something like "Doe Named Man of the Year" instead of "John Doe Gets Award".

Put the most important information at the beginning
This is a tried and true rule of journalism. The reporter should be able to tell what the release is about from the first two paragraphs. In fact, chances are that's all they may read. So don't hide good information. And remember the "5 W's and the H" - make sure your release provides answers to Who, What, When, Where, Why and How.

Avoid hype and unsubstantiated claims
A writer can smell a sales pitch a mile away. Instead of making over-inflated statements, provide real, usable information. Find legitimate ways to set you and your company apart and stress those points. To promote your business, write a release that answers questions about your business, rather than one that provides only general statements about how great or interesting your business is without saying why.

Be active and to the point
Use language that will get the reader as excited about your news as you are. If your release is boring or meandering, they may assume that you will not be a good interview.

Keep your release to two pages or less
On the rare occasion, you can opt for a third page if it is necessary to provide critical details. Otherwise, if you can't state your message in two pages, you're not getting to the point.

Include a contact
Make sure your release has a person the journalist can contact for more information. This person should be familiar with all the news in the release, and should be ready to answer questions. And issue the release on your company letterhead — it looks professional and gives the writer another way to reach your firm.

Keep jargon to the minimum
If you're in a technical field, try not to use technical terms. Many reporters are not as intimate with your company or your industry as you are. Real English, not jargon, best communicates your story.

Stress benefits
This falls into the category of "don't say it, show it." Avoid saying something is "unique" or "the best." Instead, show how people will benefit — i.e. save time, save money, make their life easier, etc.

Be specific and detailed
Marcia Yudkin, author of Six Steps to Free Publicity calls this the "Yes, but what IS it?" syndrome. The reader needs to be able to visualize a new product, or know how a new service works. If in doubt, have someone unfamiliar with your product or service read the release and ask them to describe what you are trying to publicize. And it's better to use too many details than too few. So, as Yudkin notes, "Instead of 'Jackson's new book contains information designed to benefit any stock market investor,' write, 'Jackson's new book contains seven principles of market analysis that enable even casual investors to choose profitable stocks.' Even better, describe two of the seven principles right in the release."

Proofread
When you've finished your press release, remember to proofread it for typographical errors. If you don't have a good eye for spelling or grammar, give the release to a friend or colleague who does. If your release looks sloppy and careless, so will you.

Provided by OPEN: The Small Business Network from American Express.

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How to Get Clients When You're Starting Out
Column by Steve Strauss, Staples.com

When I graduated from law school, I got a job working for a big law firm, making great money. Little did I know that they were paying me well for a reason — the job stunk. I spent all day, every day, alone in the law library, reading case law and drafting motions.

So it is probably no wonder that within a year I was already plotting my escape. While still working at this unsatisfactory job, I began to interview every lawyer I knew who had successfully made the leap from employee to entrepreneur.

The question I asked every one of them was: "Where do I get clients?"

Here is what they told me (and what I have learned along the way):

You need at least 10 sources of income
This was some of the best advice I received. You can't just rely on one idea. The guy who explained this to me told me to make a list of 25 people that I knew that I could send a brochure to. That was one source. Did I have any clients from the firm who might want to hire me? That was two. Did I know any lawyers who could refer business to me? That's three. The idea is to think creatively and pursue all of your contacts.

You must advertise
It amazes me that many people open up shop without an advertising budget, assuming their great location (or great product or idea) would send clients their way. Not advertising is a major reason why businesses fail. Besides newspaper ads, try radio and the Yellow Pages. Lots of advertising, is usually key.

Offer your services for less
People love a bargain, and a job well done for a fair price can go a long way in securing a client base. Once you are established you can raise your fees, but not until then.

Do something different
When I started my own law firm I found that I needed a hook that made me stand out. I began to put on free seminars for the public — bankruptcy seminars, living trusts, and so on. I would rent a room at the local Holiday Inn, advertise the seminar extensively, and people came, mostly because it was free. Many would later hire me to do their legal work. Develop a hook like this.

Offer great service
Customer service is key. In fact, Amazon.com bases much of its success on good customer service. If your customers are happy with the way you treat them, they're sure to come back.

Good luck. Although finding customers seems like the hardest part, if you offer your services/goods for a fair price, let people know you are out there (advertise!), and treat them well, you should have more customers than you can handle.

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