My Utile Center

Naming a business is like laying the cornerstone of a building. Once it’s in place, the entire foundation and structure is aligned to that original stone. If it’s off, the rest of the building is off, and the misalignment becomes amplified. So if you have that gnawing sense that choosing a name for your new business is vitally important — you’re right. With 18 years in the naming and branding business, I’ve witnessed the good, the bad, and the really bad. Here’s how you can avoid the worst of the mistakes and get off to a good start.

Mistake #1: The Committee (Getting all your clients, employees and family
members involved)

We live in a democratic society and it seems like the right thing to do- involving
everyone in an important decision. This approach, however, presents a few
problems. The first and most obvious fact is that you will end up choosing only one
name — so you risk alienating the very people you are trying to involve. Second,
you often end up with a consensus decision, resulting in a very safe and very vanilla
name. A better method is to involve only the key decision makers, the fewer the
better, and select only the people you feel have the company’s best interests at
heart. The need for personal recognition can skew results– so you are best served
by those who can park their egos at the door. Also make sure you have some right
brain types in the mix. Too many left brains and the name often ends up too literal
and descriptive.

Mistake #2: The Train Wreck (Taking two words and colliding them head on)

When forced to come up with a creative name, many aspiring entrepreneurs will
simply take part of an adjective and weld it onto a noun. The results are names that
have a certain twisted rationale to them, but look and sound awful. Someone
starting a high end service franchise then becomes QualiServe. It’s a bit like mixing
chocolate syrup with ketchup- nothing wrong with either but they just don’t go
together. Other common truncations include Ameri, Tech, Corp, Tron, etc. The
problem with this approach is that it’s simply forced - and it sounds that way.

Mistake #3: Where’s Waldo? (Names so plain they’ll never stand out in a crowd)

The first company in a category can get away with this one. Hence you have General
Motors, General Electric, etc. But once you have competition, it requires
differentiation. Imagine if Yahoo! had come out as GeneralInternetDirectory.com? It
would be much more descriptive, but hardly memorable. And with the onslaught of
new media and advertising channels, it’s more important than ever to carve out your
niche by displaying your uniqueness. Nothing does that better than a well conceived
name.

Mistake #4: The Atlas Approach (Using a map to name your company)

In the zeal to start a new company, many businesses choose to use their city, state
or region as part of their name. While this may actually help in the beginning, it
often becomes a hindrance as a company grows. One client came to me with
complaints he was serving more of the market than his name implied. He had aptly
called it St. Pete Plumbing since he hailed from St. Petersburg, Florida. But yellow
page shoppers assumed that was also his entire service area. With a little creative
tinkering we changed the image of St. Pete from a city to the image of St. Pete
himself, complete with wings and a plumber’s wrench. The new tag line? “We work
miracles!”

Other companies have struggled with the same issue. Minnesota Manufacturing and
Mining was growing beyond their industry and their state. To avoid limiting their
growth they became 3M, a company now known for innovation. Kentucky Fried
Chicken is now KFC, de-emphasizing the regional nature of the original name. Both
of these companies made strategic moves to avoid stifling their growth. Learn from
them and you can avoid this potential bottleneck.

Mistake #5: Cliché you say? (A good name is worth a thousand words)

Once past the literal, descriptive stage, the thought process usually turns to
metaphors. These can be great if they are not overly used to the point of trite. Since
many companies think of themselves as the top in their industry, the world is full of
names like Summit, Apex, Pinnacle, Peak, etc. While there is nothing inherently
wrong with these names, they are just overworked. Look for combinations of
positive words and metaphors and you will be much better served. A good example
is the Fortune 1000 data storage company Iron Mountain, which conveys strength
and security without sounding commonplace.

Mistake #6: Hide the Meaning (Make it so obscure, the customer will never know!)

It’s great for a name to have a special meaning or significance. It’s sets up a story
that can be used to tell the company message. But if the reference is too obscure
and too hard to spell and pronounce, you may never have the opportunity to speak
to that customer. They will simply pass you by as irrelevant. So resist the urge to
name your company after the mythical Greek god of fast service or the Latin phrase
for “We’re number one!” If a name has a natural, intuitive sound and a special
meaning, it can work. If it’s too complex and puzzling, it will remain a mystery to
your customers. This is especially true if you are reaching out to a mass audience.

I pushed the envelope a little on this one myself, naming my branding firm
Tungsten, after the metal that Thomas Edison used to create brilliant light.
However, my clientele consists of knowledgeable professionals who appreciate a
good metaphor and expect a branding firm to have a story behind its name. It’s also
a way to differentiate my services (illuminated, bright, brilliant). So while it works for
a branding firm, it would not do well as an ice cream parlor.

Mistake #7: The Campbell’s Approach (Using alphabet soup to name your firm)

This is a trend that is thankfully wearing off. Driven by the need for a matching
domain name, many companies have resorted to awkwardly constructed or
purposefully misspelled names. The results are company names that sound more
like prescription drugs than real life businesses. Mistake #2 sometimes gets
combined with this one and results in a name like KwaliTronix. (Or worse- mistakes
#2 , #4 & #7, resulting in KwalTronixUSA). It’s amazing how good some names
begin to sound after searching for available domain names all night. But resist the
urge. Avoid using a “K” in place of a “Q” or a “Ph” in place of an “F”. This makes
spelling the name, and locating you on the internet, all that much harder.

It’s not that coined or invented names cannot work, they often do. Take for
example, Xerox or Kodak. But keep it mind, names like these have no intrinsic or
linguistic meaning, so they rely heavily on advertising - and that gets expensive.
Many of the companies that use this approach were either first in category, or had
large marketing budgets. Verizon spent millions on their rebranding effort. So did
Accenture. So check your pocketbook before you check into these type of names.

Mistake #8: Sit On It. (When in doubt, make no change at all)

Many business owners know they have a problem with their name and just hope it
will somehow magically resolve itself. The original name for one of my clients was
“Portables”, which reminded some people of the outdoor restrooms or the portable
class rooms- neither one a good association. This added to the confusion when
phone operators tried to explain their new concept of moving and storage. After
some careful tweaking, we came up with the name PODS, an acronym for Portable
On Demand Storage. The rest is quickly becoming history as they expand both
nationally and internationally. Peter Warhust, President and one of the original
founders states, “For the record, changing our name to PODS was one of the best
moves we ever made”.

Exercise Experience, a former Florida based company, was frequently confused with
a health club. In reality, they sold very high-end fitness equipment. This brings up a
very key point — it’s better to have a name that’s gives no impression than a name
that gives a wrong impression. Much of the ad budget we spent on Exercise
Experience was used to clarify that they sold fitness equipment. This was valuable
airtime that could have been put to better use selling the equipment rather than
explaining the business. Ultimately, the company folded. It’s not to say it was solely
because of the name, but I believe it was a factor.

Mike Harper of Huntington Beach, CA, bought a thirty-year old janitorial and
building maintenance company named Regency. We both agreed it sounded more
like a downtown movie theatre than a progressive facilities management firm. After
a thorough naming search, we developed the name Spruce Facilities Management.
Spruce not only conveyed the environmentally friendly image of a spruce tree,
(something important to the client), it also meant “to clean up”. The new tag line fell
right in place - Spruce… “The Everclean Company”.

It’s only a matter of time before Southwest Airlines and Burlington Coat Factory and
others who have successfully outgrown their original markets begin to question
their positioning. Much like 3M and KFC, they may need to make a change to keep
pace with their growth and image.

In the fever to start your new business or expand a current one, take time to think
through some of these issues. According to the late Henry Ford, “Thinking is the
hardest work there is, which is probably the reason why so few engage in it”. Albert
Einstein took it one step further claiming, “Imagination is more important than
knowledge”. By tapping into your creativity and avoiding these potential pitfalls,
you’ll be able to create a name that works both short and long term - one that
allows for future growth. Like the original cornerstone of a building, it will support
upward expansion as your company reaches new heights.

Phil’s life goal of “creating environments where people thrive” reflects his desire to
assist in personal, professional and business growth. Phil founded and ran a full
service ad agency for over 17 years and now works full time as a business naming and
branding consultant. Phil resides with wife Michelle and four energetic offspring
outside Asheville, North Carolina His work can be viewed at http://PureTungsten.com

Successful Guru marketers have a secret weapon that they use every single time they communicate about their businesses. It’s one of those intangibles that are easily misunderstood. It’s the ability to generate excitement about what you have to offer. And when your prospects are excited about your services, marketing becomes a whole lot easier. You get more attention, more response, more sales and more referrals.

Excitement is often misunderstood because we usually equate excitement purely with displays of high energy and enthusiasm. The stereotypical marketer is PT Barnum and Anthony Robbins rolled into one with enough energy to light a small city. This ideal is not so easy to emulate. Most of us give up on the idea of generating excitement because we don’t think we have the personality for it. We feel it would be artificial and forced.

Does an infectious enthusiasm about what you offer make a difference? Of course it does, but we believe it’s only a small part of the equation. It’s way overrated. Enthusiasm can be shallow. It can me manufactured. It offers no real proof that what you offer delivers true value. Prospects don’t become interested and excited about your services just because you show enthusiasm. They become excited when they understand that your services will make a real difference in their lives and their businesses.

What I find so frequently with Independent Professionals is that they have failed to discover and articulate the *inherent excitement* in the services they are offering. When they discover that excitement and learn how to express it, their marketing goes to a whole new level.

While we were writing this we got a call from a client, a financial planner, who we had helped with the copy on his web site. His previous site failed to generate excitement and he wasn’t getting any new business from it. With the new copy, prospects got excited and started to call him. He now generates most of his new business from this web site.

The good news is that generating excitement is a whole lot easier than it may sound.

Let me paint you a little scenario.

We have two sales consultants, A and B. They both do pretty much the same thing (they even offer the same program). They are equally intelligent and capable of producing valuable results for their clients. However their messages are very different:

Consultant A uses the following marketing message:

We offer sales training for people newly entering your sales team. We use the Fast Start Sales Training System, which is specifically designed for new salespeople. We offer training programs from one day to one week in duration and we cover all the most important sales skills. We are able to customize the training programs for your industry and company. We have experience in 107 industries.

Consultant B uses the following marketing message:

Are your new sales people slow in getting started and meeting their quota? We use the Fast Start Sales Training System that’s guaranteed to help new sales people reach their quota in 60 days or less. Our customized system ensure that your salespeople meet or exceed their quota 82% more frequently than sales people who have not used our system. Proven in 107 industries, including yours, our system increases revenue per salesperson by an average of 63% in the first year.

Do you see the difference?

Consultant A talks about the training services he offers and the process he delivers. It is all about what he does, there is nothing about what the prospect gets. There is no inherent excitement in this message. And no matter how enthusiastically he delivers this message it will fail to generate excitement in the prospect.

Consultant B focuses his message on exactly what his prospects will receive from his sales training programs. Even though he offers the identical program, his message, expressed in the language of solutions and results, is inherently exciting. This consultant doesn’t need to show wild enthusiasm for what he is offering, quiet confidence will do.

If you want your prospects to get excited about what you are offering, the magic key is to start talking about specific solutions and results. It’s as simple at that, but it’s amazing how many people miss this completely. Take a look at your own marketing messages, both verbal and written, and ask if they pass the excitement test. If they don’t, work at making the necessary changes as quickly as possible. You’ll start seeing results almost immediately.

Recap:

You will generate excitement with all your marketing messages and written marketing copy if you use the “What’s In It For Me” copy. Put your information in the following order for best results.

1. Problem - Information on the problems, issues or challenges
your prospects are facing.

2. Solution - Information on what things would be like if the problem, issue or challenge were resolved.

3. Offer - What do you have to offer that can address the problem and provide the solution.

4. Benefits - What are all the reasons your offer is the best solution for your clients?

5. Credibility - Who else has experienced your offer and gotten good results? What is your background and success record?

6. Action - What do you need to do next to take advantage of this offer?

To measure how strong your brand is copy and paste: (http://brandidentityguru.com/bightml/brandmasterpiece.html). Then click “Take the brand strength test”. This is a short survey that measures the strength of any company’s brand. It’s a great tool to see where you are today.

Scott White is President of Brand Identity Guru (http://www.brandidentityguru.com), a leading brand consulting and market research firm located in Easton, Massachusetts, USA, near Boston. Brand Identity Guru specializes in creating corporate and product brands that increase sales, market share, customer loyalty, and brand valuation.

Over the course of his 15-year branding career, Scott White has worked in a wide variety of industries: high-tech, manufacturing, computer hardware and software, telecommunications, banking, restaurants, fashion, healthcare, Internet, retail, and service businesses, as well as numerous non-profit organizations.

Brand Identity Guru clients include: Sun Life Financial, Coca Cola, HP, Sun, Nordstrom, American Federal Mortgage, Simon (America’s largest shopping mall manager) and many others, including numerous emerging growth companies.

Scott White is a very enthusiastic speaker and has the gift of being able to explain the principles of branding in a compelling and entertaining manner.

To stand out in a cluttered world, become a recognized expert

There are millions of small businesses vying for our attention. Yet, because the marketplace is more discriminating and skeptical, it’s hard to get noticed. To enjoy the greatest return on your marketing efforts, you need to rise above the crowd. You need an edge over the competition. In short, you need to become slightly famous by establishing an expert reputation.

Not so long ago, expertise was equated with the number of years you were in business or the college diploma that hung on your wall. That has changed as people have come to be more interested in results. If you can deliver, people will be interested in you no matter how brief your business experience or how bare your walls are of diplomas.

Experts are sought after. They get more business with less effort and command higher fees. Journalists come to them for information. They are asked to speak at conferences. They out-position their competitors and break out of the anonymity trap because they know more and are recognized as knowing more.

Becoming an expert can help you achieve “top of the mind” awareness among members of your target market. By packaging your knowledge into articles, speeches, and workshops your name can immediately come to mind or be the first one mentioned when members of your target market turn to others to find what they need.

Publish

Publishing articles, columns and books are powerful techniques to establish your expertise. Publishing pre-sells others of your abilities and exposes you to thousands of prospects. And reprints of published articles make excellent, low cost sales literature, easily replacing expensive brochures, mailers, and newsletters.

Kimberly Stansell says publishing created tremendous name recognition for Research Done Write, her Los Angeles-based consulting and training firm. Her syndicated column “Bootstrapper’s Success Secrets” appears in dozens of entrepreneurial publications, association newsletters and business web sites. “The name recognition my column has given me is tremendous,” says Stansell. “I get invitations to participate in events and other business opportunities. And I can automatically charge higher fees because people assume I’m expensive.”

There are endless opportunities to publish your expertise. Thousands of business, trade and Internet publications covering every imaginable industry and audience are fairly easy to break into, even for beginners. If you have a good idea, tailored to a specific readership, there are thousands of publications hungry for articles from business professionals.

Find A Podium

When Robert Middleton moved his marketing consulting practice a few years ago, he had to find ways to generate new clients. He immediately contacted local chambers of commerce, business groups, and organizations likely to be interested in his three-hour marketing workshop. Within months, Middleton not only had plenty of clients but also made a name for himself in Silicon Valley as a marketing expert for professional firms.

On any day, there are thousands of speaking opportunities available to small business owners who take the time to seek them out. To find an available podium to promote your business, contact clubs and groups in your community that conduct speeches and workshops. If you have a good topic that is relevant to their membership, most will be happy to hear from you.

Middleton sends each group an introductory package. It includes a cover letter naming other groups that have sponsored his presentations, a biography, a short description of his suggested talk, and comments from those who have attended his seminars. Middleton now conducts three to five such presentations a month, tailored to individual audiences.

Virtualize Your Expertise

Have you noticed that many high paid, respected professionals publish information materials? You can establish expertise, generate additional income and develop a compelling brand identity by developing books, booklets, e-books, audiocassettes, special reports and other information products based on what you already know.

CJ Hayden began life as a professional coach ten years ago in San Francisco. After years of delivering her “Get Clients Now” program to local audiences, she franchised her ideas and took them to a national marketplace. “I trademarked the name, taped a workshop, and wrote a 50 page workbook. I created an “out of the box” package so others could produce my program on their own.” The success of her “brand extension” strategy even helped her land a book deal to publish Get Clients Now! A 28-Day Marketing Program for Professionals and Consultants

The best strategy is to create synergy between your products, services and reputation. Send information products to prospects. Use them for “back of the room” sales at speeches and workshops. Boost your profile by promoting products in articles, press releases, and at networking events and trade shows. Also, list your products in the catalogues and directories of trade associations, book clubs and business groups.

Keep It Going

Investors know that the best returns go to those who are patient. Not every article, speech or workshop or information product will make your phone ring off the hook. But, if you are consistent, you will develop an expert reputation that will help you land new clients and customers while making your business a recognized and reputable name in your marketplace.

About The Author

Steven Van Yoder is author of Get Slightly Famous: Become a Celebrity in Your Field and Attract More Business with Less Effort. Visit http://www.getslightlyfamous.com to read the book and learn about ’slightly’ famous teleclasses, workshops, and marketing materials to help small businesses and solo professionals attract more business.

steven@getslightlyfamous.com

Starting Business Secrets will help you to start your own business successfully.

The American Dream is, and always will be, to come up with an idea, start a business and become rich from your own efforts. Based upon this motivation, thousands of businesses fail each year, due primarily to not being familiar with the basics involved in running a business.

This report will enlighten you, and give you a number of suggestions you can use to better guarantee your chances for success. This report is written with the warning that any and every business venture contains certain inherent risks, and any number of alternatives. We do not espouse that any one way is the right way or that our suggestions are the only way. On the contrary, we advise that before investing any money in a business venture, you seek counselling and help from a qualified accountant and/or attorney.

Just about the first thing you should consider before deciding to start or purchase a business is the legal form you’ll be operating under. There are basically four choices: sole proprietorship, partnership, limited partnership, and/or corporation.

Each has a number of advantages and disadvantages. We’ll try to enumerate some of them for you.

As much as anything else, for many people starting a business is a form of ego-gratification, and they form a corporation for some sort of prestige gain - just to say, “I own a corporation.”

With just a little bit of observation, you’ll find that one of the major causes of business failures is due to the founder wasting start-up capital on frills, such as an impressive store- front office, expensive furnishings, and corporate legal costs.

One of the basic traits you must develop it you’re going to be successful in business, is a tight hold on your expenditures. In fact, a good rule of thumb is that anything that does not make money for yo or protect your investment, should not be purchased at this time. Very definitely, this applies to the expense of setting up your own corporation.

Unless you have a partnership and start your business as such, the only real advantage to forming a corporation would appear to be that a corporate structure will semi-protect the property you personally own.

As an example, you own a home and car. You form a corporation to protect these possessions from business losses. Yet, if you can be found guilty of misusing corporate funds, your business creditors can pierce the corporate shield and come after your possessions.

Basically, if you invest everything you have in your business, as most newcomers do, you don’t usually need a corporation because you have nothing to protect. Your household possessions, personal belongings, generally your car, and even a portion of the equity in your home is protected by the homestead provision of the Federal Bankruptcy Act, and cannot be taken away from you.

As a sole proprietor or partner of a business you’ll be paying taxes on your overall earnings, much the same as if you were holding down a salaried or hourly paid job. Whether you do or don’t take out money as a salary will have no bearing on the earnings of your business and tax return.

The often advertised advantage of incorporating, that you can manipulate your salary in order to save on tax dollars, is real because of corporation laws. However, the IRS frowns on this practice. When your business is successful and making a lot of money, definitely check with your accountant on the advantages of incorporating.

As a corporation, you’ll be subject to a number of other drawbacks as well: generally higher state taxes, stricter laws concerning the operation of your business, more elaborate accounting procedures, and legal papers that are required just about every time you make a major move or sign almost any contract. Thus, your legal and accounting fees will be much higher as a corporation than will those required for a sole proprietorship type of business.

As a sole proprietor or partnership, you’ll find many areas require the registration of your business name. The cost however, is minimal, ranging from $5 to $100. About the best way to find out what laws apply in your area, is to call your bank and ask if they need a fictitious name registration card or certificate in order for you to open a business account.

Selecting a name for your business is quite important to you and particularly relative to advertising. Your business name should describe the product or services you offer. Fancy names such as, Linda’s Clipping Service will lose potential “walk-in and passing” customers to the beauty shop across the street that calls itself, Patti’s Beauty Salon or Jane’s Hair Styling Shop.

The advantage of using your full name in the title of your business, such as Johnny Jones’ Meat Lockers, has the advantage of making credit somewhat easier to come by - provided you pay your bills on time - but it also includes the disadvantage of confining your services to a local or at most, a regional area.

Should you buy, lease, or rent a space for your business? think twice before you make any decision along these lines. Most businesses tend to grow quickly or they never get off the ground.

There are a few exceptions, but only a very few, that tend to grow at a modified rate.

So, buying a piece of property and setting up your business on or within that property, obligates you to ownership regardless of what happens to your business.

Leases are almost always very strong contracts written by attorneys to the advantage of the property-owner. When you sign an agreement to pay someone for the use of their space over any length of time, you’re “nailed in” to paying for that space regardless of what happens to your business.

In the beginning, it’s wise to either get the shortest-term lease possible, or arrange to rent with an option to lease at a later date. This does not apply to a retail business, unless your particular business happens to be an untried one.

Definitely, you should open a business bank account. In selecting a bank for your business, scout around and look for one that can, and will help you. Determine what your banking needs will be, and then via telephone, interview the managers of the banks in your area. The important convenient bank to your business location.

A point to remember: the closer you can make the relationship between you and the bank manager, the better your chances are going to be for approval on loans and/or special favors you may need at a later date.

Try to become acquainted with as many of the bank employees as possible. The better you know them, the more courtesies they’ll be extending especially to you in the course of your association.

Just as a doctor is a specialist in his field, and you go to him for medical problems, your banker is a specialist in his field and you should go to him for your money problems. In business, you’ll have to learn that everyone is an expert in his own line of work, and in your associations with other business people, refrain from acting like a “sharpie” and/or pretending that you know exactly how everything works in someone else’s specialty.

You’ll find that very often, different banks specialize in different types of businesses. As an example, you’re sure to find banks that specialize in real estate transactions, export- import businesses, and even manufacturing operations only.

What I’m saying here is that if you’re planning to sella fairly expensive item, your customers will probably need and/or want financing. It will behoove you to select a bank familiar with your type of product that will afford your customers, through you, contract financing.

Some of the questions you should ask of your banker include the following:

Is it necessary to maintain a certain balance in your account before the bank will approve a loan for you? What qualifications must you have in order to obtain a line of credit with the bank?

Does the bank limit the number of loans, or types of loans it will approve for small businesses?

What is the bank’s policy regarding the size of a check you might deposit that requires holding for collection?

And what about checks less than that amount - will they be immediately credited to your account?

In almost all types of businesses, it will be to your benefit to set up with your bank, a method of handling VISA, Master Charge, and regional credit cards. The important thing here is to ultimately set up your account in the bank that will service all of these credit transactions for you - one stop for all your banking needs. In most instances, you’ll find that having the capability to fill orders/make sales via credit card transactions, will increase your volume of sales appreciatively.

Once you’ve made the decision as to which bank is going to handle your account, you’ll need your Social Security Number or your Federal Employer’s Identification Number, your driver’s license, the fictitious name certificate, and if you’re requesting a VISA or Master Charge franchise, you’ll also need a financial statement.

For corporations, you’ll also need a corporate resolution approving of the opening of your business account.

There are different policies exercised in just about every state regarding installation/hook-up charges by the telephone and utility companies. Some require a deposit, and some don’t.

You’ll find that a great number of city business license departments are there solely for the purpose of collecting another tax. Depending on the type of business you’re asking a license for, the building and zoning people may inspect your premises for soundness of structure and safety. Generally, you won’t encounter any difficulties - you simply pay your fee to operate your business in that city, and the clerk types your name onto a city license certificate.

Relative to sales tax permits and licenses, each state’s rules and regulations very widely. The best thing to do is call your state offices and ask for information concerning registry and collection procedures. Many states require an advance deposit or bond, and you’ll find that some wholesalers or manufacturers will not sell to you at wholesale prices until you can show them your sales tax permit or number.

Should your business entail selling your products or services across state lines, in another state, you’re not required to collect taxes except in those where you have offices or stores.

You may find also that your particular business requires the collection of Federal Excise Taxes. For information along these lines, check in with your local office of the Internal Revenue Service.

Some states also require certain businesses to hold state licenses, such as those required in many states for TV Repairmen.

These are known as “occupational permits” and are most often required of barbers, hair stylists, real estate people and a number of other consumer oriented businesses. If you have any doubts, check with your state offices for a list of those occupations that require licensing.

Any business doing business in any type of interstate commerce is subject to federal regulations, usually through the Federal Trade Commission. This means that any business that shops, sells or advertises in more than one state is subject to such regulation, and this includes even the smallest of mail order operations.

Normally, very few business people ever have and contact with the federal regulatory agencies. The only exceptions being when there is a question of your operating your business unethically or illegally.

Any business that sells or distributes food in any manner almost always requires a county health department permit. If your business falls into this category, simply call the county health department and invite them out to your place of business for an inspection. The fees generally range from about $25, depending on the size of your business when they first inspect it for permit approval.

There are also a number of businesses that require inspection by a fire marshall, and fire department approval. Generally, these are those that handle flammable materials or attract large numbers of people, such as a theater. Overall, the local fire department has to be allowed to inspect your premises whenever they desire to do so.

You may also run into a requirement for an air and/or water pollution control permit. These specifically apply to any business that burns anything, discharges anything into the sewers or waterways, or use any gas-producing product, such as a paint sprayer.

Without a doubt, you’ll need to check on local regulations relating to advertising display signs. Each city or township makes its own rules and then enforces those rules according to its own thinking -check before you contract to have a sign made for your business.

The design and placement of your sign is very important to your business - specifically to retail establishments - but let me remind you that your business sign is usually the first thing a potential customer sees and as such, it should catch his eye and leave an impression that lasts. It would be a good idea to ride around your town and take a look at the signs that catch your eye, and try to determine the impression of the business that sign leaves on you. This is a basic learning formula for determining the design, size and placement of your business sign.

Some of the other things to consider before opening for business - If you intend to employ one or more employees, you’ll be required to deduct Federal Income Taxes, and Social Security payments from their checks. This will involve your filing for a Federal Tax Number and necessitates contact with your local IRS Office.

Most states have “unemployment taxes” which will have to be deducted from the paychecks of any employees you hire. And there are a number of states that have income taxes - disability insurance - and any number of other taxes. Again, the best thing to do is check with your local office of the IRS. And above all else, don’t forget to ask for the rules of the minimum wage law, and comply.

When your business grows to the point of needing additional help, don’t be afraid to look for and hire the help you need. when you’re ready to hire someone, simply run an ad in your local paper and/or register your needs with the local office of your state’s employment service. Businesses either grow or die, and those that grow eventually need more people in order to continue growing.

When that time comes, hire the additional people you need, and your business will continue growing. If you don’t, for whatever reason, you’ll find yourself married to your business and your business growth stymied.

Regardless of how small your business is when you begin, never walk in with the thought in mind that it’s something to keep you busy. Anyone with an attitude of that kind is a fool. You begin and make a business successful in order to realize financial freedom. Establish your business. Put it on its feet, and then hire other people to do the work for you. And those businesses that require an operations manager, or someone to run a phase of the business you’re too busy to handle, hire the person needed or the business will surely suffer.

To protect the investment of your business, you need business insurance. If you’ve never had any experience with business insurance, simply look under the heading of “business insurance” in your phone directory. Ask for bids from several different companies or agents…Primarily, you should have a policy that gives you general liability, fire, workmen’s compensation, business interruption, and vehicle coverage. You amy also want coverage against possible losses related to burglary, robbery, Life & Accident, Key Man, and Fidelity Bonds.

As the sole proprietor of a business, you won’t be paid as an employee, so there will be no income tax deducted from whatever you withdraw from the company’s earnings. What you’ll have to do is a gain check with the IRS Office for a Tax Guide For Small Businesses Handbook, and probably end up filing an estimated tax return on a quarterly basis.

The minute you open your doors for business, you’ll have to spend some time engaged in the work of bookkeeping. Exactly how, and using what forms, you keep books, should be on the recommendations of a good tax counselor…The same holds true for your overall business and/or payroll accounting system. Look for an experienced CPA that knows the accounting problems to your particular kind of business, and solicit his advise/counseling.

If your business is going to involve the possible purchase or lease of operating equipment, again seek the help of your tax counselor for the most advantageous method of obtaining the needed equipment.

Basically, arranging for your suppliers to give you materials on credit will depend upon your honesty and personal financial statement. The best way is usually a personal visit to the person with the power to approve or disapprove of credit at the company where you want to set up a credit account. Show him your financial statement, and explain your prospects for success. Then assure him that you’ve always honored all of your obligations, and that if ever there’s a question or problem, you’d like for him to call you at home. And of course, give him your home phone number.

We won’t go into the exigencies of advertising your products, services or business here, but there is something along these lines you should always keep in mind. The best kind of advertising your business can receive is that you don’t really pay for - publicity.

When something unusual happens to you, your business, or your employees - that’s news, so be sure to tell the news media in your area about it.

The most important ingredient of your eventual success will be the soundness of the planning you did before you started your business. Any number of bad things can really throw your business into a tailspin, but it you’ve done your homework well - really set up a detailed business plan before starting - your losses or setbacks will be minimal. Success takes planning, and within this report, you’ve got a basic checklist…The rest is up to you…Good luck, and may your life overflow with success in all that you undertake from this moment forward.

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Julia Tang publishes Smart Online Business Tips, a fresh
and informative newsletter dedicated to supporting people
like you! To find out the best online business opportunities,
and to discover hundreds more proven and practical internet
marketing secrets, plus FREE internet marketing products
worth over $200, visit: http://www.best-internet-businesses.com
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In the book, The Blond Knight of Germany, American authors Toliver and Constable detail the life of the greatest fighter pilot to ever fly, Germany’s Erich Hartmann. During WWII, Hartmann recorded 352 confirmed in-flight victories. To put it into perspective, very few American fighter pilots reached 100 in-flight victories. Simply put, Erich Hartmann reached levels of greatness most fighter pilots can only dream about.

Would you like your business to achieve such levels of greatness? A common way to learn from the success of others is to look at what they did and adapt it to your situation. Here are two ways Hartmann reached success, use them to turn your company’s brand into a Blond Knight.

1) Know Your Enemy: “If you are unable to beat your enemy at his own game, it is nearly always better to adopt some striking variant.” - Winston Churchill (intro to Chapter 4 of The Blond Knight of Germany.)

Hartmann’s Use: He created a Pilot’s Handbook of Enemy Strength that outlined all of the planes his enemies flew. It detailed the strengths and weaknesses and the best approaches in defeating them. He was rarely surprised by what the enemy was capable of doing.

Your Use: Don’t depend on your personality and hard work to propel your brand beyond the competition. Learn all you can about your products, your field, your competition, future competition, etc. Find out what you are up against and plan your strategy accordingly. Having a good idea, being honest, and providing “great customer service” are not guarantees to the success of your brand. Knowing your enemy’s strengths/weaknesses and how you honestly match up against them (and acting on this knowledge) is the greatest insurance for your brand’s success.

2) Be First: “If you can’t be first, create a category in which you can be.” - Al Ries & Jack Trout

Hartmann’s Use: Erich Hartmann said it best, “The pilot who sees the other first already has half the victory.” Playing catch up is not a fun position when you are thousands of feet in the air.

Your Use: Catch up also is not fun when thousands of your dollars are at stake. Avoid playing catch up by creating a new category. Even the slightest difference in focus can establish you as a category leader - instead of another brand in an overcrowded category. Dell computers built their brand on selling direct to the consumer. Started in 1984 by a college student (soon-to-be a college drop-out,) Dell computers currently ranks as the leader in most computer manufacturer categories across the globe. Competitors such as IBM and HP have now tried to offer consumer-direct service. However, Dell was first in the category and it appears they will stay that way.

Erich Hartmann used a one-two punch combination of Know Your Enemy and Be First to become the best fighter pilot in history - The Blond Knight. You can use the approach to help build your brand. Performed with confidence, this combination is sure to grow your business. Meaning: more customers, more profits, more enjoyment - that proves it, blonds (blond brands that is) do have more fun!

Kevin Kearns is a small business branding coach. He holds a Master of Science degree in Organization Development and is a member of the Coachville Graduate School of Coaching. With a mixture of hands-on experience, research, and fun, Kevin helps you become the only choice for your customers. Visit http://www.kevinkearns.com/newsletter.html to join The Branding Bunch - a community made of small business owners that want to grow their business the easy way.