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Author Archives: John B. Vinturella
Seven Steps to an Effective Marketing Plan
1 Analyze Your Company – What makes your company special? Think about what your company offers in terms of services and goods. Focus on the unique features and benefits of your products and services. What makes your company different than … Continue reading
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Know Your Sales Margins
If you don’t know whether your business makes more selling Product A or Product B, listen up. Reference: Business on Main Do you make more money selling cookies or cupcakes? Who’s more important to your business: the big customer who … Continue reading
Why a Business Plan?
The successful entrepreneur is generally more inclined, once a business idea is selected, to sharpen the concept by a detailed planning process. The result of this step is a comprehensive business plan, with its major components being the marketing “mix,” … Continue reading
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Selecting a Venture
The basic rule is simple: “Find a market need and fill it!” The process of finding the need, and the method chosen to fill it are where the difficulties arise. Based on an opportunity scan, does the market need a product … Continue reading
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Motivation and Commitment
What kinds of people start businesses? Their skills are seldom different from those of people who succeed at working for others. The more successful entrepreneurs tend to be proactive, assertive, and highly observant. Why do people start small businesses? The … Continue reading
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Small Businesses Are Embracing Digital Marketing—Are You?
The SCORE Small Business Success Blog is a valuable source of information for the small-business community. Here is a recent entry from that blog by Rieva Lesonsky of GrowBiz Media. If you are still focusing the bulk of your advertising efforts on … Continue reading
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Seven Most Overrated Businesses: Seventh
Traffic-Driven Web Sites. Everybody has witnessed the success of social-networking sites like Facebook and popular blogs that generate all their revenue off advertising. But as the Internet ages, that’s much harder to accomplish, says Martin Zwilling, a start-up consultant in … Continue reading
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Seven Most Overrated Businesses: Sixth
Franchise Ownership. The idea of being handed a proven business plan without the uncertainties and headaches that come with building a business from scratch is understandably alluring. But too many people don’t understand the risks associated with franchising and sign … Continue reading
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Seven Most Overrated Businesses: Fifth
Independent Consulting. Common advice for aspiring entrepreneurs is to stick with industries they know. So, for many looking to escape the corporate treadmill that means turning their professional expertise into a one-person consulting firm. It seems practical – more companies … Continue reading
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Seven Most Overrated Businesses: Fourth
High-End Retail. Many people dream of opening a day spa, luxury jewelry store or designer clothing boutique – businesses they feel good patronizing. But specialty retail businesses close at higher rates than non-specialty stores, according to the Small Business Administration’s … Continue reading
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