Internet Tools for New Ventures

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There are a variety of tools readily available on the Internet that aspiring entrepreneurs can use in developing new business ideas. Here are a couple of ideas:

Want to find some cool technology gathering dust on a shelf at a university somewhere? Try out the iBridge site developed by the Kauffman Foundation.

University researchers, industry representatives, and entrepreneurs can use the iBridge website to search for innovations that, until now, have been lost and untapped behind university walls. With more than 700 research projects listed, the iBridge website is fast becoming a place for researchers and technology transfer officers to post research from their universities, as well as the place to go to find research occurring at other institutions. The website is designed to ease the transaction burden on university technology transfer offices, and encourage more open and efficient access to innovations of interest to entrepreneurs and industry representatives alike.

Have an idea for an Internet business, but finding it hard to know what your potential customer is thinking about? Try using one of the tools set up to optimize keyword searches. I heard about this creative use of a free tool on this morning's Wall Street Journal radio show. These tools are set up to help in Internet marketing by showing what key words are being used most often. (Here and here are a couple of examples).

Assume I was setting up an Internet golf equipment store. By typing in keywords like "putter" or "golf balls", I can find out what brands are getting the most searches on the Internet. Or assume I am thinking about selling laptop cases on the Internet. I see that in the month of December 1724 searched for laptop cases with the word "pink" in their search, while only 77 included the word purple. That gives me a clue on what color to carry in my inventory.

These tools can help me see the potential size of the market, what brands and related products are most popular in searches, and even what colors and features I should carry. It is a great tool to first get a feel for how much Internet traffic is possible and to learn more specifically what these potential customers are thinking about.

These tools are set up for web search optimization, but they can also be used to get the pulse of the market. For simple searches like this, most of these sites are free to use. While active web marketers are very familiar with these tools, they can be very helpful for any entrepreneur wanting to get more data about their potential market. If I can figure out how to use them with my limited technical skills and general fear of technology, anyone can!

Jeffrey Cornwall is the Director of Belmont University.
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Choosing a Web Designer the Easy Way

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Choosing a Web Designer

When you choose a web designer, there are many things that you need to be aware of and that need to be taken into consideration before you make a decision.

To some extent, the ability to work successfully with your web designer is sometime as important as their actual skill in being able to deliver the project.

A web designer that is skilled in what they do but is a pain to deal with can make the whole process frustrating and not worth the money being spent, especially if you have an emotional attachment to the project (which you should have being the one supplying the money and motivation)

That relationship can be worth a large proportion of the contract.

However, there are some key things you need to consider.

Be careful in what you get for your money. Some possible pitfalls you may want to check on:

Obviously what do you get for your money

What is included? Design, Content, Search Engine Submission, Search Engine Optimization (SEO), Graphic Design, Updates? You need to get these details so you can compare your quotes against each other. You also need to quantify some of these things in terms of quantity, hours, numbers search engines submitted to etc.

What are the ongoing costs?

All websites have ongoing costs. Web Hosting, Domain Names and updates are the main three. Make sure you know the total cost of your investment. Some companies offer lower up front costs to lock you into higher ongoing costs that end up costing you more. Some other things are SSL certificate costs, more bandwidth and web space.

How easy is it to incorporate your branding

Some template sites are hard to blend a logo or colours into them, be wary of template driven website companies, some of these people are skilled enough only to change the text on a template. Some designers design their sites from the ground up incorporating all of you design elements in their design. These companies offer the most flexibility.

How reliable is the services provided

With hosting and email, too much down time can make the whole experience unworkable. You don't want to have to change hosts after six months because your designer has provided you with a poor host. Some people rely heavily on email and these are the people that need to choose carefully so their business inst impacted.

What are the costs for making changes later on?

Updates and maintenance on your site is something that will eventually happen, even if you don't change the content frequently (see the Making Your Site Super Sticky Article for the benefits of this) you will eventually change some content and so you need to know what it will cost over a year.

Hidden costs

Make sure common things (like search engine submissions) are either not included or are an extra cost. Some key things can be omitted to keep the price down. Make sure you don't get sold short. An important one...is the web designer doing the job part time Are your web designers doing this as a full time job? Some designers are working during the day and then web designing at night. A lot of designers started out this way, but it can cause issues when you need something done and they don't do the job from 9-5.

If all these things check out then you have found someone who you can work with and provide you with a service that will get you your desired result.

Remember; choose a designer with the right skills, but also one you believe you can work with on an ongoing basis. Build a working relationship that will benefit you both and your web project will benefit as well.

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About the Author: Steven Gardner runs DeepWeb Web Design, a web design business that caters to all businesses looking to get an edge with their presence on the Web, providing web design, maintenance and consulting services. You can find him at www.deepweb.co.nz.

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To People Who Want Your Own Business – But Don’t Know Where To Start

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Being your own boss is a dream that hundreds of thousands of people aspire to every year. But out of the many people that start a business each year, approximately eighty percent fail. But, that also means that twenty percent of the dreamers build a successful business. Whether you want to open a family business, or you intend to build a chain of stores, there are some common elements that are necessary for success.

A Business Plan is necessary for every business no matter how large or small. This plan should include such things as a description of your business and your plan for its future success. Operating without a business plan would be like starting on a vacation without knowing where you were going. You would make it somewhere, but it might not be where you wanted.

A good business plan is written as a guide for your business. List what your objectives are; are your business objectives only to make a profit, or are you interested in long term expansion. These are questions to ponder.

Your business plan should include a marketing plan. How will your customers know that you are there? What types of advertising are best for your business? Advertising rates can vary widely depending on which media you choose to use. Newspaper advertising may be successful for one promotion, but not for others. One business owner that I know created a very expensive radio advertising campaign during a basketball tournament to advertise a clothing store and did not do very well with the promotion. Other times, I have known radio campaigns that did very well. The best way to “get the word out” will vary from location to location.

Be realistic. Your competition is a major factor to think about when considering opening a business. Perhaps there are too many stores that sell the same items that you want to sell. Visit the businesses that are going to be your competition; or have others visit them and report back to you. You may learn a lot from what others are doing. You may also learn what things they are doing well and what things that you can improve. Every person has been in a business and after leaving thought about things they would do if the business were theirs.

Opening Capital. How much money you will need to get started is something that is often under estimated. I would suggest that you estimate everything that you can think of that is necessary and at least double it. It may not take that much, but I have found that it is better to be over capitalized, than to be under funded. And, you will always have expenses that you forgot.

Finally, find out what your potential customers want. The adage “If you build it, they will come,” is not necessarily true. If you are selling something that customers in that area don’t need or want, the likelihood of success is minimal. Having a clothing store that specializes in men’s suits would not seem to be a good idea in a rural farm area. However, having a clothing store that sold jeans and overalls might do very well in that area. Ask yourself questions. If you do not purchase items very often that you are considering selling, chances are that your potential customers will not either.

Do your homework. Opening a business is hard work and taking shortcuts on your research will only hurt you in the long run.

And Do Not Give Up. There will be plenty of difficult times in the beginning. But if you persevere, perhaps you will be one of the twenty percent of the businesses that succeed and prosper. It will feel good to be your own boss and you will decide that it was well worth the headaches.

Article Source: http://www.articlecube.com

Paul Taylor is a business owner that helps other business owners and entrepreneurs locate wholesale distributors and dropshippers. Visit his website www.WholesaleMap.com" target="_blank">www.WholesaleMap.com for information about wholesale sources or opening a business.

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