Home Wealth Project
Extensive Research On How To Build Wealth From The Comfort Of Your Own Home.
Extensive Research On How To Build Wealth From The Comfort Of Your Own Home.
Mar 12th
DocStoc, an online source of forms and professional documents, this past week launched a website to help identify U.S. federal, state and local licensing and business permit requirements for small businesses.
Called License 123, the new site aims to be a one-stop source to identify all licenses and permits required for a particular small business. The site is designed to help small business owners and startup entrepreneurs save time, money and legal headaches. Instead of searching all around the Web on various governmental websites wading through dense legalese, DocStoc’s vision is for the business owner to be able to go to one place, insert some simple data, and find all relevant license information (see screenshot).

When you visit License 123, you enter your state, city, industry and type of business. If your city is in the site’s database, you will get a list of all required licenses for your city, county and state. For $9.95 you can download the full report including application forms, instructions, licensing authority contact information, and information about filing fees. The site is not a filing service. You apply for licenses on your own. But the idea is that by doing the searching for you, and compiling all information in one place, License123 saves you time and you don’t have to navigate the maze of legalese in most governmental websites — and risk missing licenses, thereby incurring monetary fines or other legal action.
According to Mike Sheridan, Chief Operating Officer of DocStoc, ”It’s true that a lot of jurisdictions have this information online. However, to find all the information you would need to operate a food truck in Los Angeles, for instance, you have to go to 6 different websites. Being out of compliance can cost $1,000 or more.”
License 123 today covers just 10 states, with the most complete information for California (in some states only one city is searchable today). Says Sheridan, “Our goal in the next two months is to include the top 500 cities in the United States. They will represent all mainland U.S. states (except for Hawaii).” After that their goal is to expand to the largest 1,000 cities.
As to why all cities and states are not included today, he noted that compiling it is a labor intensive effort and technology only takes you so far today. It typically requires 3 to 5 full days of work for his team to research and compile all the licensing information for a large city like New York or Chicago.
License 123 is a product offering of DocStoc, a 5-year old company with 45 employees and 31 million legal and professional documents online. The DocStoc site gets 21 million visits per month.
No More Wading Through Government Websites to Identify Business Licenses and Permits, Says DocStoc
View full post on Small Business News, Tips, Advice – Small Business Trends
Mar 6th
After getting a whole bunch of Shares, Tweets and great comments on my previous post: “3 Ways to Qualify Marketing Help,” I think it’s fair to say that this topic is an important one. Clearly, it’s an issue on people’s minds. So, with that in mind, I’m continuing the topic.

I’d also like to say that while this topic is intended for small business owners seeking marketing help, I was pleased to see so many positive comments from other marketers. So, if that’s you, keep reading and maybe you’ll pick up a tip or two on ways to fine tune your current presentation.
My first three ways to qualify a marketing resource were:
1.) Google them and see what you can find.
2.) Check to see if they have a LinkedIn profile.
3.) Read their website bio.
My next three ways to qualify a marketing resource are:
4.) Find out how well they know Social Media: Sure, everyone’s talking about Social Media. What you’ll want to find out is how involved they are with it and how effectively they’re putting it to use. But even better than asking them, do some simple online investigating. Some specific questions to answer are:
5.) Results: Ultimately, it comes down to this, right? And, yet, how many marketing firms truly have a lot to say about it? Well, they’d better if they want to be seriously considered. So, on their website do they display great testimonials and case studies? Just a couple or a bunch? The more they show, the more you might be convinced that maybe you’ll be the next one.
6.) The Work. This may be the most important litmus test of all because you can’t possibly consider anyone if you don’t seriously like – or better yet, love — their work. So, when you visit their site make sure you give yourself more than enough time to review and fully digest their work. It’ll be well worth the time you invest.
That covers Part 2 of “3 Ways to Qualify Marketing Help.” If you’re finding these tips helpful be sure to check back soon. I will have some final thoughts on this all important topic.
Handshake Photo via Shutterstock
3 More Ways to Qualify Marketing Help
View full post on Small Business News, Tips, Advice – Small Business Trends
Mar 3rd
10 Tools To Get More From Your Video
This content from: Duct Tape Marketing
This post originally appeared on AMEX OPENForum
Video has become an essential marketing tool. It’s a great way to tell your story, show the human side of your business and communicate highly complex ideas in an easy to digest manner. But while video has the power to deeply engage, it also has the power to bore the viewer to tears—and creating compelling video is different than writing, say, a compelling blog post.
Starting a camera and spouting out a thousand words of brilliant prose does not make a compelling video. There are proven techniques and tools that can help make your videos engage, hold attention and wow the viewer. Here are 10 tools that can help you get started.
1. Prezi. This is a interesting take on the slide presentation as it allows you to create one giant and more easily connected idea and then use the tool to zoom, pan and fly all around the presentation to create a really dynamic feel. It’s not the easiest tool to master, but check out some of the incredible examples on the site to get inspiration.
2. YouTube Editor. I like this tool because it’s free, and because you’re using YouTube to host and stream your videos anyway, it gives you some nice editing capability right in YouTube. You can also add annotations and transcripts to your videos making them more SEO friendly.
3. Camtasia. This PC and Mac desktop software is the market leader in the screencapture video world. Screencast videos are a great way to demonstrate how something online works. Camtasia has some nice features that allow you to add focus to areas on your screen as well as annotations and URLs.
4. Animoto. This automatically produces beautifully orchestrated, completely unique video pieces from your photos, video clips and music. It takes a little trial and error to get right, but adds surprisingly professional touch when you do.
5. Stoome. This is a really unique tool as it adds a crowdsourced element. You upload video clips and borrow from other users. You can then work on your project alone or with others. This is an awesome tool for creating videos when you attend a big event or conference.
6. GoAnimate. This tool allows you to make full-featured animated movies using characters and sets of your choosing. Animation can be a really powerful way to tell your story in a unique manner.
7. Magistro. This tool takes your raw footage and goes through and picks out what it thinks is the best of the best to create a short video. The tool then lets you add music and titles. Again, this is one that is awesome when it gets it right, but a little clunky with it doesn’t.
8. Sellamations. This service will create doodle videos where a hand draws out your story with a marker in high-speed capture. It’s not the cheapest route, but it’s certainly one of the best ways to create a one of a kind video that’s simply hard not to watch.
9. Common Craft. This is another really unique way to tell your story using video. Common Craft uses paper cutouts moved around or white boards to tell your story. This is probably one of the best ways to take a complex idea and really make it easy to understand. Again, hard not keep glued to this format.
10. ReelSEO. This one actually isn’t a tool, it’s just the best place to learn about tools like this as well as how to more effectively use video to build your business in general.
View full post on Small Business Marketing Blog from Duct Tape Marketing
Feb 29th
At the end of 2009, we created the 30 Useful Email Marketing Apps list for small business owners. It proved a popular post and we decided to revisit the State of Email Marketing Apps and the result is these 24 new additions for you to consider.

I have to state this at the start of every big list post — quite often a company is left off the list because pricing is not listed. Every small business owner I know is slammed trying to fit three days’ worth of work into one day. They don’t have time to hunt for pricing or get badgered by one more eager sales representative. List your pricing and you have a better chance of making the next update.
Overall, these new additions are quite exciting. There are many new entrants in the email marketing space listed here that offer some of the traditional things you expect from a provider. However, there are also some unique approaches and niche services like Boomerang for Gmail, FeedBlitz, and MessageSherpa, to name just a few.
Email marketing is often declared dead these days with all the social media success stories, but don’t be fooled — smart companies are still building and maintaining business relationships with email. Test out some of these tools and share your favorites in the comments. Feel free to email me directly if you want to suggest one that I’ve missed (it is likely that I didn’t miss it, but didn’t list it for a reason). Thanks for reading.
For 30 additional applications, view the original list.
Email Marketing Photo via Shutterstock
24 More Small Business Email Marketing Applications
View full post on Small Business News, Tips, Advice – Small Business Trends
Feb 28th
The moment you decide that you need to hire someone to help you with your search engine optimization? Yeah, it can be a little scary. Small business owners are often more than wary about the idea of getting involved with a search engine optimization practitioner. They know that appearing in local search results is important, but they’ve also heard the horror stories about their peers being burned. Or they think it costs too much money. Or, maybe they’ve seen the Dilbert cartoons essentially calling the whole industry corrupt. I get that it can be scary. But as a small business owner, it’s important to remember that YOU are in control of your site’s SEO, even if you’re hiring some additional help. You just need to be better about asserting that control.
Below are a few things SMBs can do to help relieve the fear associated with SEO and help them get more bang from their SEO dollar.

Learn to speak the language
Just because you’ve hired someone to help you with your SEO efforts doesn’t mean that you’re exempt from having to know what they’re doing to your site. Remember, this is your business they’re touching. While you don’t have to become a full-on SEO expert, you should do your homework and try to understand the basics of what’s happening to your Web site. Having that shared knowledge and language will not only help you to ask better questions, but it will help relieve fear since you’ll now be able to communicate with your SEO and understand the process. Resources like The Beginner’s Guide to SEO from SEOmoz or Search Engine Land’s What Is SEO can help you learn to speak the SEO language.
Be part of the process
Again, this is your Web site and your business. Don’t be afraid to be active in the process and in helping your SEO to craft a strategy that works for you. The truth is your SEO needs you to be involved in the strategy. For the SEO to be successful, they may need to help make sense of the keyword research they’re doing for your site, you’ll have to write content for them to build links to, you’ll have to let them pick your brain about your customers and who they are, etc. The more involved you are the better results you’re going to see. It’s also going to do a lot to help you feel more in control since you’re part of what’s happening.
Agree to tackle the boring stuff first
When it comes to small business SEO there’s nothing more important than the little things. And it’s in completing those little things that will have the biggest return for your Web site. The trouble is, sometimes the little things are often the boring things that we don’t want to do.
Do yourself a favor and do them.
For most SMBs, that means:
Some of that isn’t particularly flashy, but it is important and it needs to be done. Make sure you get all your low-level ducks in a row before you start chasing bigger rainbows.
Don’t try to rush it
It may not always be fun to hear, but search engine optimization is an investment into your Web site. Like other investments, that means some of the results you’ll be able to see now, but you may have to wait for larger impact items. Understand that if you want to build your presence, your brand, and your business for the long-term, you’re going to have to keep reinvesting in SEO over and over again. Hopefully by being part of your SEO process and creating a strategy that works for you, you’ll be more comfortable waiting for links and content to mature.
Above are only a few ways that small business owners can get more from their SEO investment. Putting resources toward search engine optimization doesn’t have to be scary, but it does require that you get involved, know what’s happening, and learn to speak the language.
How have you taken a pro-active approach to your site’s SEO efforts?
4 Ways SMBs Can Get More From Their SEO
View full post on Small Business News, Tips, Advice – Small Business Trends
Feb 13th
How To Make Yourself More Attractive to Potential Partners
This content from: Duct Tape Marketing
About once a week I receive an email or phone message that goes something like this: “I really like your site, I think we have a lot of synergies, we should get on the phone or go to lunch and explore ways to work together.”
Now, don’t get me wrong, with the exception of the use of the word synergy, I’m flattered that people are reaching out to me. In fact, it would be more worrisome if nobody wanted to develop these kinds of connections.
But here’s the thing – and here’s how it applies to you – in the crazy, busy world we all live in today, if you’re going to make the effort to reach out and connect, do it with an attractive purpose.
The vague, “we should get together” could indeed mean, we should get together because I have a brilliant idea that’s destined to make you lots of money or it could just as equally mean, we should get together so I can suck about an hour of your time trying to learn how I could benefit from your network.
Now, let me share a better approach. If you want to capture the imagination of potential partners come to the table with a very specific idea that’s attractive.
So, what’s attractive look like in this context? If your potential partner does not know you, either personally or by reputation, than it’s a pretty good bet that attractive looks very much like something that will immediately benefit their interests.
I don’t mean to imply that you don’t have incredible ideas to share and that working with you might indeed make a ton of sense, but just as in any sales environment, you first have to capture my interest and you do that by helping me clearly see something that’s in this for me.
So, if you want to be more attractive to potential strategic partners
I’m guessing you can see the common thread running through most of the above suggestions – one of the most powerful ways to be more attractive is to give before you get.
This is true in building any relationship – with potential partners or potential clients.
Once you’ve established trust through this initial, genuine purpose, you’ll find that the doors to “working together” may naturally swing open, but even if they do not, you’ll have established a much more potent method of building relationships in a way that will produce the best kinds of opportunities – those that are mutually beneficial.
View full post on Small Business Marketing Blog from Duct Tape Marketing
Feb 7th
Business owners are often natural sales people. They love to talk about their successes – and yes, occasionally glaze over their setbacks, their shortcomings. It’s human nature, in fact.

But when it comes to green business, there are risks to downplaying your weaknesses or only trumpeting achievements:
Another problem is that there are many companies these days guilty of “greenwashing,” or plastering green leaves and vague words like “natural” and “pure” on their packaging when there’s little substance behind them. This only makes consumers more mistrustful of all green messaging. They have to look more closely to find out if it’s for real. To really make an impression on consumers anymore, a business’s environmental sustainability efforts need to feel genuine, transparent and earnest.
Here, then, are four ways to improve the authenticity of your green efforts:
1. Dig for data. Sustainability leaders are focusing more and more on tracking and analyzing data. They know how many gallons of water they’re saving each year, or how much emissions are created transporting their products from a factory in China to their U.S. distribution centers. Communicating real numbers and targets to your customers adds credibility and brings your initiatives to life.
2. Don’t overplay “green marketing.” Don’t fall into the trap of thinking being green is all about image and messaging. In fact, it might be better to not think about your green efforts as marketing at all. Think about them as something you want to communicate to customers. But when it comes to actual marketing, focus on other benefits of your products – whether it’s their design or usefulness. Research shows most consumers consider eco-friendliness a secondary purchasing concern, anyway.
3. Increase transparency. Give consumers more substance about your green initiatives. Write a sustainability plan and track your annual progress. Devote a part of your web site to your green efforts, so consumers can easily find it if they’re interested.
4. Expose your challenges. As you talk about your green successes, don’t forget to discuss the challenges. Let your customers know when you miss a sustainability target – and why. Explaining the hurdles involved with reaching your goals only adds legitimacy and shows you’re truly committed to reducing your environmental footprint.
100% Natural Photo via Shutterstock
4 Ways to Be More Authentically Green
View full post on Small Business News, Tips, Advice – Small Business Trends
Jan 30th
Earn $300 A Week With Your Digital Camera Reveals “exactly” How You Can Earn A Regular Monthly Income With Photos That Are Currently Clogging Up Your Hard Drive.
Earn $300 A Week (or More) With Your Digital Camera
Jan 24th
We’ve been hearing about increased confidence in small business and, if you’re like me, you want to believe it - but you’re suspicious, too. How do we really know if things are getting better? How do we really know if lending is beginning to open up for small businesses? I don’t think anyone is claiming that small business loans are becoming easy to obtain, but there are good signs that we are headed in the right direction and that the availability of funds are growing for main street.

Before we talk about the “good news” let’s do a quick history lesson about how we got here. Some would say it started with the secondary mortgage market. As mortgages got closed, lenders were able to sell their mortgages on the secondary mortgage market and wall street turned them into mortgage bonds. As real estate prices increased and mortgage rates decreased and profits were flowing through wall street the “appetite” for these mortgage bonds increased. Then you join that with deteriorating underwriting criteria along with a staggering number of sub-prime loans to non-credit-worthy borrowers and we’ve got problems.
But how did this happen? It happened because the ratings agencies (Fitch, Moody’s, and Standard & Poore’s) were giving the same grade to the pools of sub-prime mortgages as they were to the “prime” or “A-Paper” mortgages so these bad mortgages flowed through the system just like any other mortgage. As the defaults hit certain levels, the investors who shorted mortgages by buying insurance against the bad mortgages were able to cash in – this is where you Google search “who is John Paulson” or you could try “what did AIG do wrong?”
History lesson almost over – but what happens next? It’s called TARP or the Troubled Assets Relief Program. TARP is where Uncle Ben (Bernanke) drew on the lessons of The Great Depression of the 1930′s so we didn’t repeat our mistakes. The Fed actually turned a recession into The Great Depression in 1929 by letting the money supply contract very sharply which caused prices to fall and inflation to hit.
Secondly, they let the banks fail and thousands of banks actually failed. TARP was a conscious effort to let the banks recover first because if the banks fail then we all fail and we propel ourselves into a much worse economic climate. TARP was an infusion of capital into the top banks – yes, it’s 100% true that it was “unfair” to the smaller banks – in an effort to get them to continue to lend (or at least to not totally shut down their lending). Interestingly, tax payers made money on TARP but, of course, that hasn’t been talked about in the “occupy” movements.
So here we are a few years after TARP. Fortunately, The Great Recession did not become a depression.
According to CardWeb, $4.5 billion was extended to small business owners in 2009 by Citi. Then they increased that to $6 billion in 2010. Then they pledged to lend $24 billion to small business (defined by them as businesses with less than $20 million in annual revenue) over a three year period from 2011 – 2013. Citi announced last week that they are ahead of pace on their goal of lending $7.0 billion in 2011. They finished the calendar year very strong after a slow summer and ended up lending $7.9 billion in 2011 to small businesses.
I agree that there’s a lot more to be done. However, if we put mistakes of the past aside, this is one lender who is showing us progress and who intends to continue to lend at a much more generous pace than we saw in 2008 and 2009.
Lending Photo via Shutterstock
More Signs of Increased Small Business Lending
View full post on Small Business News, Tips, Advice – Small Business Trends
Jan 12th
Want to make your business more financially successful? A more diverse work force could be the key. So reports a study led by Ryerson University professor, Kristyn Scott, which found that diversity in the workplace leads to happier workers, which leads, in turn, to greater loyalty and productivity, ultimately enhancing a company’s bottom line. Scott and the study’s coauthors, Professor Joanna Heathcote of the University of Toronto at Scarborough, and Professor Jamie Gruman at the University of Guelph, reviewed about 100 studies conducted between 1991 and 2009.

The professors evaluated the studies based on six key areas where diversity gives a business an edge:
Defining “diversity” to include:
The study found that overall, the more organizations embraced diversity in their culture, the more successful they became.
But in order for diversity to bring these benefits, it has to be more than superficial, the researchers caution. Scott says:
“[Some] organizations …. [show] pictures of diverse workers on their website[s] and say they have a commitment to diversity, but they’re not really going beyond what people may see as simply window dressing. Talk the diversity talk, but walk the talk.”
Small businesses have some natural disadvantages as well as advantages when it comes to diversity. The disadvantages: As a small company, your business may have a tendency to be somewhat homogenous. After all, small business owners often hire people they know or learn about through their connections, which can lead to hiring lots of clones of yourself. Second, as a small company, simply by your size your business is limited in how diverse it can be. If you only have 10 employees, you don’t have as many options to fill in the positions with diverse workers as a huge multinational corporation.
But small businesses have some important advantages, too. For one, as Scott points out, diversity needs to be authentic in order to bring business benefits. And small companies, due to their size, are more likely to be authentic in their behaviors. While big conglomerates can pay lip service to diversity while embracing a very different reality, at a small company, it’s much harder to “fake it.” In addition, the small size of your business means your team naturally interacts more closely, sharing opinions and ideas freely.
Is your business as diverse as it could be?
Diversity isn’t just about the outside – it’s about the inside as well. Even if your business is racially, culturally or gender diverse, are you creating a workplace where employees feel free to express different opinions? The more varied the experiences and outlooks your employees bring to the job, the more creative your workplace is going to be – and that can only benefit your business, financially and otherwise.
Business Diversity Photo via Shutterstock
One Simple Secret to a More Successful Business
View full post on Small Business News, Tips, Advice – Small Business Trends