San Diego Business Coach Helps SMEs Successfully Market Goods Online

The digital age democratized a lot of things and even brought businesses the best tools to reach out to their market. Opening a Facebook page or a Twitter account, however, does not guarantee that entrepreneurs will be successful at launching their goods and immediately reap financial rewards. Businessmen need to remember that marketing foundations are still important in this era and getting a San Diego business coach helps in applying these concepts to practically every online platform available.

Small and medium enterprise (SMEs) owners have a lot to learn about running a business. Experienced consultants, such as J. Bergman Consulting, provide business coaching in San Diego that makes sure neophyte (and even seasoned) companies are equipped with the necessary skills to do business in this day and age, especially in marketing their products and services.

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0 comments RSS Posted by John at 7:37 AM

Gearing up a Startup: Small Business Budgeting

Many small business ideas end up dying in the conceptual stage because the brains behind them fear that they might not be able to raise the money to start a business, or sustain the challenges of keeping a small company afloat. However, with enough willpower, and thanks in part to good business coaching, other startup ideas end up turning into a plan, and eventually, into a business. Here are some basic budgeting tips for that business you’ve always wanted to open:

Know the Expenses

Of course, before you can start budgeting, you should know what you’ll be paying for. There are basically two classes of startup expenses: operational costs and capital expenditures. The former deals with things like renting or buying office space, supplies, marketing materials, legal documentation, etc., while capital expenses are for business assets like cars, inventory or equipment.

Get Estimates

Now that you know what you’ll be paying for, start estimating them by researching how much each item usually costs. You should also get estimates for your possible revenue (you could do a little bit of spying on your competitors’ prices for this one).  Adjust your expenses, especially on those that you’ll be paying more than once, by opting for alternatives. For example, you could opt to buy raw materials in bulk, or invest in a low-cost storage facility, among others.

0 comments RSS Posted by John at 6:30 AM