Entrepreneurs must be practical experts, according to author and leadership expert Simon Sinek. A new business owner needs to specialize in his craft, as well as marketing, graphic design, and plant maintenance. He sweeps, writes press releases, and keeps the books. An entrepreneur is everything to everyone. Juggling so many jobs can be a huge task, but happily there are new tools and tech to get you through it without losing your mind.
Getting Started
Most lenders and investors will not give you a second look without a business plan. It is the guide to your business. It is proof that the owner has thought out all of the opportunities and threats to the business and placed a monetary value on each. The U.S. Small Business Administration offers numerous resources for entrepreneurs to develop a business plan that will stand out to investors and put your business on the right track.
Working The Back Office
Intuit free accounting software helps a small business owner to do all of the necessary, but mundane, bookkeeping and financial reporting. Using Quickbooks is relatively simple, plus there are myriad instructional videos online. Quickbooks has all of the functions that a small business entrepreneur would need. At the front end of the software, the user can add receipts and expenses. This includes bank reconciliations and payroll, if your organization is big enough to have employees. At the back end, you can print financial reports that give either a point-in-time look at your business or an overview of your financial success.
Learning, Learning And More Learning
It would be great to know everything, but for those of us who do not, there is Google. Take a look at Google For Entrepreneurs, a collection of resources for any type of entrepreneur. Under the online learning tab there are educational videos by field experts and academics. The videos range from marketing to leadership development to Web analytics. Google also hosts various new business events, like its startup weekend, a 54-hour weekend seminar designed to put an entrepreneur through the paces. Google For Entrepreneurs also educates about some of the Google business development and marketing products like Adword and Adsense.
Staying Productive
When you are the chief multitask engineer, productivity is essential. Renting office space can be expensive, especially if it is only used occasionally. Meetings are more often held at the local coffee joint. Having your documents available to you everywhere you go is imperative for good productivity. Cloud-based file sharing is a good solution. Google Drive and Dropbox allow users to move files back and forth in the cloud. This allows you and your team the ability to share and update documents in real time, anywhere in the world.
Yelling From The Mountaintop
Internet-based marketing is one way to get the word out to your potential customers. Services like Buddy Media have cross platform marketing systems that allows you to create content and push it out via YouTube, Facebook, Twitter and other social media networks.
Until next time,
Dana Hudson, Blogger for the All Access Group, LLC
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