Sell a Business

The Strategy Before you Sell

When you finally decide that the time is right to sell a business there is significant work that can be done before you actually can go about showing your business to potential buyers.  There is much information that buyers will need and they will have certain expectations that will need to be met in order to successfully sell.  Here is a sampling of things buyers will look for in their search for a business for sale.

Overall condition of the business

If you want to sell a business one of the first things you should check on is the first impression the business gives.  A clean and orderly business will make a great first impression on any potential buyer and should not be overlooked.

Customer records

Do you have an up to date listing of your customers’ records?  When you go to sell a business one of the first things that a potential buyer will ask for is the status of the current clientele.  Neglecting this important information will not serve your goals as a business seller.

Condition of your equipment

Have you done regular maintenance on your key pieces of machinery?  Do you keep service records?  Is everything in good working order?  When you go to sell a company, ensuring the actual machinery &equipment of your business is working well is crucial.

Operating procedures

If you have more than a simple, straightforward business then a potential business buyer may ask for some well-documented procedures.  Especially if there are precise processes that must be followed that are crucial to the operation of the business.  When you decide to sell a business please ensure your operations are in order.

Employee information

Please ensure that you have current employee information on file with resumes as well.  

Inventory

Have a current inventory count done.  Remove any inventory that is no longer usable and maintain an accurate record.  Business buyers will want to have a clear picture if a business’s inventory situation.

Get legal representation

Getting a lawyer early in the business selling process is an important step.  A lawyer can help you to structure your deal so that when you are presented with an offeryou will not be at a disadvantage.  Selling a business is much more complex than a basic real estate transaction and care should be taken.  A lawyer can help you sell a business in many different ways:  go over a purchase agreement (or letter of intent), obligations pertaining to your premises and equipment leases, your responsibilities (and liabilities) you have with your employees, Vendor financing that you may extend to a business buyer, franchise agreements and your obligations to a franchisor, etc.  Getting a lawyer early on is something that is strongly advised.

Talk to an accountant

You will want to have good financial information on hand to present to a buyer when you decide to sell a business.  Ensure that your books are in order and have detailed financial information on hand, because a buyer will ask.  Have at least three years of accountant-prepared financial statements available, income tax returns, sales tax returns, bank statements, the most recent year’s financial information, employment tax filings, inventory schedule, AP and AR schedules, etc.  As you can see… there is much more to selling a business than a simple real estate transaction.  Find a reputable accountant if you don’t already have one.

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Financing Business Expansion

A lot of theories have been propounded and even studies have been advanced on the subject of business expansion. But one that is worth taking note of is the study of Dr Ichak Adizes. In most of his research, he brings out the fact that every association has its evolution and it builds up starting from a normal formation stage and progresses into a mature stage. At every phase of its existence, the association will have to experience upheavals. In most cases, success in business will only have to be experienced by those business owners who have all the resources, the expertise as well as the experienced required in sailing through financial difficulties. The following lines will identify the various ways through which a business can be financed as soon as it is set up and even right up to when it is fully established in the market:

The Formative Phase of the Business

This is one of those very delicate stages in which every entrepreneur will want to take all measures not only in making sure that the business takes off smoothly, but to ensure that the business has come to stay for good. What every type of business will need at this phase as identified by Adizes is a running capital and an appropriate administration to take care of that capital. What should be observed at this phase of business is that so many unforeseen circumstances may come up. It is for this reason that enough capital should be hoarded to take care of any unforeseeable risk. What the entrepreneur has individually gathered may not be enough. Therefore, it is good that a resort to angel financing, venture capital, corporate venture capital and loans is opted for. Keep in mind that once a business is at this starting phase, it will need a lot of finance to surmount the odds often posed b market forces or even from competitors. This is necessary for a continuous operation.

The Business Flow Phase

This is phase where the business is already running and it is at least expected that the inflow of money is certain. This is also a phase at which the entrepreneur starts to develop some form of confidence that the business will thrive amidst the odds. Although the entrepreneur will have some measure of satisfaction, there is a need to obtain some form of security for the future of the business. This is the main reason why much of what is received in the form of profits should either be ploughed back into the business or should be used to acquire some fixed capital that the business can rely on in the future. The business can also use this to employ more qualified staff.

The Youthful Phase

This is a phase in which the business will experience a lot of unpredictable circumstances. It should be noted that growth in the business will still be experienced, but this will not be stable. It is certain that at this phase, the business will already have made some significant amount of savings. It must also have gained some standing within the business environment and can conveniently surmount any hurdle within the business environment. The money that has been saved should therefore be taken to counter any shortcoming. But the entrepreneur should also make sure that the business can first of all rely on what it has kept in stock rather than seek for external help.

The Mature Phase

This is a phase in which almost everything is certain. Every objective must have been put in place and every priority must have been identified. Growth or expansion at this stage should be maintained to remain stable. The business should also seek for means of spreading out its risk by opening up to possible investors. Also remember that this is the stage in which financing becomes much easier to obtain. This is because the business must have developed some credit worthiness.

An understanding and appreciation of all the phases that your business goes through is important if you have to maintain its growth or develop ways to compete within the business environment.

Ships and Businesses Have A Lot in Common: Is It The Captain or The Vessel That Insures A Successful Voyage?

Ships and businesses are a lot alike.  Both reflect the dream and inspiration of the owner.  Both start with desire and get launched with excitement by all connected.  Both tend to come in various styles and sizes and can be manned by 1 person or a whole crew.  They also fall pray to the occasional disgruntle deckhand!

Ships (boats if you like) and businesses also require constant maintenance.  The owners may not be involved with them daily but they’re usually top of mind around the clock. Depending on the level of participation, owners can spend a lot of time just floating in place or navigating the chosen waters of their voyage. 

Businesses, like boats, need direction.  It’s best if you know where you’re going before you begin your journey.  Is your business ‘seaworthy’?  Does your business have what it needs to make the journey?  Can you make course corrections or do maintenance if the waters get rough?  Do you have the know-how if the engine stalls or the weather clouds your vision?

Yes, there are many parallels between boats and businesses.  One of the biggest similarities is the owner’s desire and commitment to stay the course.  Many boat owners celebrate the day they buy their boat and the day they sell it.  For most, the jubilation of owning one’s own watercraft is quickly replaced by the desire to unload a depreciating asset that knows no boundaries when it comes to sucking up all your money.  As a business owner, are you sinking money into your vessel without any idea of the expected return on your investment?  If so, how long are you will to keep going in this direction/?

So, is your business turning into a boat?  Do you find yourself going around in circles or just tied up to the dock when it comes to pursuing the voyage to greater revenues and profitability? If so, you’re not alone.  Many businesses that head for the open seas end up taking on water and finding themselves being towed to the nearest marina.  Then, they sit indefinitely while the captain tries to determine what happened and what it will take to get back on course.

As a business owner (and a former boat owner), there are things you can do to get yourself out of ‘dry-dock’.  Here are a few tips from my check-list on becoming seaworthy again:

1.                  Reassess your reason for ownership- Years of toiling away in a business or maintaining a boat can sap your spirit and drain your checkbook.  Take some time to rekindle the dreams that encouraged you to start your business.  If you’re clear about why you chose your venture, this alone can have a tremendous impact on igniting the passion to continue.  Often times, owners feel overwhelmed with the demands of running their businesses and can grow distant for no other reason than the need to survive mentally and physically.  Rekindling the passion that got you started does wonders for your desire to chart a new course.

2.                  Recalibrate your position- Sometimes the desire to hold on to a boat or a business without making the necessary course corrections can deplete you of all your resources.  For boat owners, it’s putting their ‘pride and joy’ on a storage lot whole they contemplate selling.  Business owners don’t have that same remedy.  Your business is your life, the future to your financial freedom, the totality of your existence.  In most cases, you are the business!  Your current latitude and longitude are the direct result of what you know and what you’ve chosen to do.  If you’re off course (regardless of the weather) it’s a result of what you don’t know and haven’t done that’s got your business in uncharted water.  Take a critical, unbiased look at what you have done so far to determine what was missed and what didn’t go as expected.  The answers to your future are in the decisions you made in the past.

3.                  Evaluate what makes your business different from others-   Everyone has choices including the customers you serve.  Since boats are an emotional purchase, the prospective owner usually decides to purchase based on something that touched them emotionally. Consumers make their decision to purchase based on something unique about the business, the way the service is provided, the particular array of products offered or the way the business owner treats them.  Whatever the reason, determine what makes you different from your competition.  Nothing brings a greater sense of pride than having a unique position that your customers’ value and your competition envies.

4.                  Is your business structure right for today’s market?- When diesel fuel crested $5.00, many boat owners decided to seek other recreation.  What about your business’ exposure to economic influences?  Is the business model you built still viable for today’s marketplace?  Are you making productive use of today’s marketing tools; think website? It’s very common to find matured businesses run just like they were when they opened, some 20 years ago.  A business that’s positioned for growth needs to be nimble, flexible and adaptable in order to weather the severity and frequency of change in today’s marketplace.

5.                  Thoroughly evaluate who your customers’ are- Consumers are faced with ever increasing choices.  It’s not just a matter of who offers what you offer but what else a customer can chose as an alternative to what you offer. People want value which does not mean lower prices.  If you offer value and promote price, you attract customers who value price.  As a small business, the product or service you provide contributes a small percentage of your overall success.  Figure out what drives your success and it will be smooth sailing.

In reality, running a business is much more difficult and demanding than owning a boat.  And while captaining a boat has its own special challenges, the similarities with running a business are noteworthy.  In the end, you must insure your business is seaworthy, you have your direction well planned and you keep a sharp eye on the horizon.  It also helps to remember to have fun.  After all, that’s the main reason we boaters decide to take the plunge!

Information For Starting A Home Based Business

Starting a home based business is a dream that many people share and numerous businesses have evolved from this dream creating a thriving cottage industry. Starting a home business can be a challenge but having relevant information, a definite plan in place and following basic business rules will help start you off in the right direction. The success of starting a home business depends on how much time and effort you’re willing to provide.

Benefits of Starting a Home Based Business

Having the freedom of managing your own time and being the boss of your own company is a prime reason people are starting a home business. For some, starting a home business is the main source of generating income while for others it can provide a second income. Not only do you have the benefit of time management, depending on the type of business you have, you can save money on gas, clothes, food, car repair and in some cases, day care for children. Punching a time clock, sitting in traffic and long commute times will be a thing of the past allowing more quality time with family and friends.

Things Needed Before Starting a Home Based Business

Do your research before starting a home business. Everyone has an idea but is it a good business idea and one that is needed in your area. You will need a business plan to follow and if you require start-up funding, a lender will want to see a plan. The basic items needed for starting a home business include a quiet work area in your home that is equipped with a computer and appropriate software for business use only, dedicated phone line, fax and copy machine, business software to keep track of bookkeeping, payroll software if you have employees, a separate business account for account payables and receivables, business cards, contracts for customers if needed, a tax information package from the IRS, shipping cost information if needed and a gas mileage log if you will be driving for your business.

Things to Consider when Starting a Home Based Business

Before starting a home based business, check with the city and county where your home resides to find out if you can have a business operating out of your home and what type of license is required. For tax purposes, you will need business tax software unless you have an accountant do your quarterly/yearly taxes. You must file business taxes so be sure to keep all receipts. You will have to purchase your own medical insurance unless you’re covered by a spouse and you may need workers comp insurance if you have employees. You must be a well organized and disciplined person in order to succeed at starting a home based business. Treat your home business as though you were in an office. Have a start time, dress comfortably, let your friends and family know you’re “at work” and don’t allow unnecessary distractions or interruptions to prevent you from doing a good job.

Starting a Business-things to know

Starting a Business

Many people decide to venture into their own business with little or no knowledge of what it takes to run a business. These brave souls generally are proficient at a particular task or, one simply chooses to be an entrepreneur. Sometimes, little thought and or preparation is given to the business function itself.

 Perhaps fueled by the need for independence, they no longer will be required to answer to anyone other than themselves. They may now make their own decisions that will charter the course of their business, changing their lives forever. They alone will make the choices that will create an identity for their new business. They are embarking on a new venture and freedoms not yet experienced, which require different skills than were needed before to maintain this new freedom.

 Does this new entrepreneur know the challenges that lie ahead? Do they foresee the challenges, the hidden forces waiting in the darkness of their future that will challenge them to the limits? Likely, they do not.

 Starting with a Business plan of action coupled with a Marketing plan of action, these instruments if properly prepared, will guide the new entrepreneur successfully into the future.

The most important question to ask is “Why Am I in Business?”  Most people will answer “To make money”. 

 If this is the reason you are going into business, YOU WILL FAIL!

 If you do not have a clear understanding that a business exists to serve its customers, you will fail!

If you do not completely understand that you must provide a useful service or product to mankind, you will fail!

 And, I urge you to completely understand the concept of Perceived Value! It is that value that a customer or client will put on your goods or services. You must be cognizant of, and on top of, exactly what that perception is relative to your goods or services, in order for you to be successful.

 Your business plan, if properly utilized, will set the course and tone for your business. Your mission statement and purpose will explain WHY you are in business and what you will do to support that mission. Your objectives will be clearly set and a pathway chosen to reach your objectives. Your Marketing plan of action is the fuel needed to drive your business to success.

 Within the marketing plan, you will outline the actions needed to obtain the revenue to run your business, the inventory replacement funds, the money necessary to pay all bills as due and, the money needed for salaries. Essentially, where and how will you sell and distribute your products or services.

 Ponder if you will: it is not good enough to be great at making widgets you must also become proficient at operating the business that is necessary for you to make the widgets. Without the successful operation of the business, your widget making will come to an abrupt end!

 Where to start?

You must first decide why you want to be in business. What service or product are you providing to a customer base that they will need and want? How will you distribute this product or service to the customer? What price will you charge for this product or service and what are the operating expenses? Will your profit be sufficient for you to effectively operate your business? What will it take to do what you want to do?

Charter a direction for your business. Where do you want your business to be in one year, five years, and ten years? Have you planed to be successful by preparing a valid business plan of action and a marketing plan of action? A qualified business consultant or attorney may help with the business plan however; you must also work with a good Marketer to compile the marketing plan of action.

 A business coach and consultant such as me with over twenty-seven years of Marketing experience will be able to assist and compile both plans of action for your new business.

I am some time known as nick de Stefano, nick r destefano, nick destefano, nick r de Stefano, Nicholas r destefano, nicholas r de Stefano. Business services of tampa bay llc, leadership development , www.bizotb.com, www.wsiys.com, who sleeps in your skin?

Primary information about the business directory

You may have heard about the online business directory that provides you the information about the various businesses in your country. You can find a lot of information such as address, contact number and about the products of the business that is listed on the business directory.

You can also submit your business to the online business directory to get more customers who buy your products. Business directory is the way to make your business online. In this article, you will find the information about how you can list your own business to the business directory, what are benefits to include your business to the online business directory, what information you should provide about your business, etc. This article will solve all of your problems of listing your business online.

What is a business directory?

A Business Directory is a website that lists description of various businesses. It provides facility to its user to find the business in which the user is intrested. The information that is provided is name of the business, location, services and products provided by the business, and the region of the service. The business directory can be used by the general customers as well as business owners. General customer finds the business that provides them the services which they need. Business owners finds suppliers, transportars and other service providers that are needed in the manufacturing process and marketing.

Business directory for business owners:

Business directory helps the business owners to make their business global. They can market their business to the global public. They can attract more number of customers from all around the world or from their local region if they publish their business online on the business directory. Business owners provide the information about their business to the business directory and many number of customers watch their information. If the customer is attracted with the business information, he will surely buy products or use services of the business.

Business directory for general public:

General public can use the business directory to get information about the various businesses available in the specified region and specified field of service. They can gather information of various products available in the market and also compare them. They can choose the best business services for them among the various services available. There are many directories available on the internet which provide such services. You can also get information about various business services in your local market from the business directory. You just have to find your local business directory and use the directory service provided by it.

The concept of business directory is very useful to the general public as well as the business owners. Business owners get their products sold and more profit. General public get the best service for them from the trusted business service providers from their local region. Business directory exists for almost all the countries and states in the internet. You can also use the business directory for your local region to make your business grow or to get best service as per your need.

How To Promote Your Website And Make It Work For Your Business

Many small businesses have a website built and never really capitalise on its value to their business.

Most small business websites should do the following:

- Be accurate and informative
- Generate new business
- Help to retain existing business

But, in truth they tend to fail because of:

Be accurate and informative

- Many small business websites are not kept up to date, they have outdated contact details, poor product/service information which in general gives users a bad experience and only has a negative effect on the business.

Generate new business

- People are not directed to the site through online and offline advertising and marketing, meaning that the only people using your website are the ones who already know about you. There are many cost-effective ways to get new business through your website.

Help to retain existing business

- Do you collect their email addresses in your business? Does your website collect your customers email addresses? If you do not constantly keep in touch with your existing clients telling them about events, special offers and promotions you are losing out on profits. There are many ways a website can help your business to retain custom and to increase frequency and value of customer spends without a great cost (If any).

A small business tends to have a website built because ‘Every business needs a website’ but then do little with it, it becomes stale and outdated, a website needs to be an extension of your business and should be part of your advertising and marketing strategy, it should be as important as your premises, your staff, your goods or services!

If you have read to here and are thinking “My website works well for my business and it is something I am very proud of!” then great and congratulations on your achievement, but how many small businesses can honestly say that their website is a profitable and successful part of their business!

There are 2 ways to successfully market a website to existing and potential customers:

- Offline – Newspaper advertising, leaflets, posters, Yellow Pages etc.

Online – Search engines, directory websites, http://Yell.com

But you may be thinking:

Offline – Newspaper advertising, leaflets, posters, Yellow Pages etc – I advertise offline in these places AND promote my website on my advertising, which is great, but you can improve on its effectiveness.

Online – Search engines, directory websites, http://Yell.com etc – I am not sure how these things work and I get bombarded daily with telesales calls about advertising on this website/that website, top results on Google, search engine optimisation for your website etc. It isn’t the minefield you may think it is, there are simple steps to ensure any online promotion you do is cost-effective and will work.

Don’t be scared by the internet, it is a probably the most powerful any small business can utlilise to not only grow their business but also to retain the existing clients they have. The internet is not the confusing place many think it is, the world of websites does not need to fill small business owners with fear!

We have, here at Activ Web Design, helped many small businesses realise the power of the internet and what it can do for their business. We talk to you in a language you understand without all the techno-talk used by traditional web design companies, we are here to help your business succeed online, not to confuse you!

4 Ways to Create your Dollar Store Business Plan

Don’t even consider the possibility to open a dollar store without having a complete dollar store business plan in-hand. There are many ways to create your plan. No matter what you choose, be sure you are part of the process. Your thoughts, ideas, plans, and vision for your business are in integral part of your plan. Business plan development strategy #1 is to create the plan yourself. But what if you are either too busy, or feel you don’t have the ability to create a plan of your own? What do you do in those cases? For many the answer is to leave the idea of a business plan by the wayside. They make the mistake of moving forward without a plan. They risk the success of their business with this decision. For many the consequences of their decision will be reflected in the sales and dollar store profit level of their business.

If you are about to open a dollar store but don’t have the knowledge regarding developing a dollar store business plan, then strategy #2 is to consider using a business plan software program. There are many available. Most are extremely user-friendly and even provide examples for the various sections. Be sure your computer can handle the software requirements. Many of these programs will walk you through a set of questions about your business. As you answer the questions a unique business plan is being developed for you. The downsides in many cases include cost and time required. There is also the fact that the final product is only as good as the information and data you input.

Strategy #3 is to purchase a generic pre-written business plan. There are many of these on the market, including some written as a dollar store business plan. Many are written so you can edit in your business name and other basic information. The obvious downside to these generic plans, even when they are dollar store business plan formats is they often don’t really end up being unique. They fail to provide the unique story you want to tell for you business. They do however provide a business plan to use when you open a dollar store.

The final strategy to be covered in this article is hiring a business plan writer to create a unique dollar store business plan for you and your business. There are many seasoned experts just waiting to help you through the process of creating your own business plan. While some writers can be fairly costly, there are many with great credentials and fair prices.

When you open a dollar store it is important to have a unique dollar store business plan. No matter what option you select for developing your business plan be sure you invest the time to really think about what you want you business to be now and in the future. Make it your own by incorporating your values, vision, thoughts and ideas into the plan.

To your dollar store success!

Feng Shui Business Card Tips

For many, feng shui business card tips, offer invaluable advice to strengthen marketing efforts and business results.

Business card with good feng shui can improve business, increase profits as well as attract more clients, better employees, excellent advisors and mentors.

On the other hand, business card with bad feng shui, can create a lot of pressure, frustration, unforeseen problems and difficult obstacles.

Feng shui principles bring essential harmony and balance to your business card design. How?

Good feng shui business card and logo design take these important feng shui rules into consideration:

1. Principles of Yin and Yan

Most successful and strong businesses work in line with nature’s principles. If you want to bring more harmony and prosperity into your business, you need to apply Yin and Yan principles to your feng shui business card and logo design. For instance, Yin and Yang Balancing principle advises that for things or people to work in their perfect order, they must be in balance. You need to avoid conflict at all cost. More harmony, including harmonious business card and logo designs, add more value to your customers and business.

2. Personal element according to your date of birth

According to feng shui, our surrounding consists of 5 elements: Wood, Fire, Earth, Metal and Water. Personal element can be easily identified according to your date of birth. For instance, personal element for a person born between January 23, 1974 – February 10, 1075, is Wood Tiger.

3. Business element

Each specific type of business has its own business element. For instance, if you work in furniture or paper business, education, hospital or design studio your feng shui business element is Wood. If you work in real estate, financial, construction, accounting or funeral business, your feng shui business element is Earth.

4. Supporting and Weakening cycles of 5 elements

All 5 natural elements – Wood, Fire, Earth, Metal and Water, interact through supporting or weakening cycle. For instance in supporting cycle Wood fuels Fire, Fire makes Earth, Earth creates Metal, Metal holds Water, Water feeds Wood.

Balance between your personal element and element of your business is essential for good feng shui business card design. Additionally, good combination of elements can enhance your luck and business prosperity.

5. Colors and Shapes

Each element is represented by certain colors and shapes. This is very useful to know when creating your own good feng shui logo shapes or choosing auspicious feng shui business card colors. For instance, element of Metal is represented by color white, gold, bronze, chrome, silver and round shape.

Shape of your element can further help you to select the best feng shui font type for your business card. For instance, the nature for metal font is round.

6. Placement of the important information

Where you place important business information on your business card is crucial to your success. For instance, if your name appears in the bottom row of your business card, you are shoulder a lot of unnecessary stress and problems. You work very hard but see no positive gains.

Did you know that the flow of money in your business is mostly determined by the business card design for your employees and sales people?

If you wonder why your sales team just hangs around the office and isn’t proactive enough to get more sales, change your business card design. Never place their names on the left hand side in the middle row of the business card. It has very negative effects on the overall business performance.

If you don’t want to spend too much of your valuable productive energy and time to fight invisible natural forces that can easily put obstacles and problems in your way, use feng shui to help you design best business card and logo for your business. To learn more visit http://www.lucky-feng-shui-for-life-and-love.com/Feng-shui-business-card.html

Every day you do many extraordinary things to improve your business. If you wish to create strong, profitable and successful business, while making the entire process easier and more enjoyable, make feng shui part of your daily life. Your family, business and your employees might thank you very soon.

Best Business Cards Tips and How to Design One of Your Own

Best business cards are able to send a powerful message to prospective customers.

If you want more business you need to improve your image. Your business card is the first place to start, as it creates strong first impression about the company and can impact final decision making of your potential clients.

If you don’t sell yourself as a strong, reliable and professional company, your potential customers will walk away, even if you can deliver a better product or service than your competitors.

Remember, you will never get a second chance to make a first impression!

Therefore, it’s very useful to know that many of the best business cards designs are created with principles of balance and harmony or Feng shui in mind.

Feng shui business card design can provide an unfair advantage over your competitors. It can also help you to generate more sales, attract higher quality clients, loyal employees and top advisors and mentors.

No, it’s not a magic. It’s a simple knowledge of proper information and logo placement, powerful and balanced use of colors, shapes and type of font. All these aspects are specifically tailored to your type of business.

So, what are the best business cards secrets? Let’s review 10 most common business card mistakes first. Then let’s reveal the best business cards tips and their ability to improve your business.

10 most common business card mistakes:

1. Does not stand out or evoke positive feelings.
2. Does not clearly define a type of business or services you offer
3. Does not have correct order and placement of important information
4. It’s too cluttered or too disorganized
5. Missing important information
6. Poor quality
7. Does not use good color or color combinations
8. Does not use proper size and type of font
9. Does not have a company slogan or unique selling proposition
10. Is not used or distributed enough

It’s also important to realize that it’s Ok to spend money on the best business card design and quality printing, as they will increase your profits. Your business card is very important marketing tool that can help create a strong business image as well as attract potential buyers.

You should only design your logo and business card once. Make sure to use same elements, slogan and logo continuously for the rest of your marketing tools, such as contracts, invoices, web sites, ads, company vehicles, etc.

Best Business Cards Tips:

1. Create and use your company logo

If you want to build a strong company and generate large profits, you should invest in the logo. It’s highly recommended to apply feng shui 5 elements principles when you create your logo. Feng shui principles help to create well balanced, harmonious and prosperous logo, not just any logo!

Both you and your profession are represented by either, Wood, Fire, Earth, Metal or Water element. These elements are further represented by specific shapes, colors, supportive or destructive cycle. You can already see how careful you need to be when combining energy patterns of any of these elements to create successful and powerful logo or business card.

2. Choose a company name that clearly specifies your business

It’s another powerful way of marketing your business and making your company stand out from the crowd. A good company name is short, sharp and makes an instant positive connection with your customers. For instance, Gargas Roofing Inc is preferable to Gargas Services Inc

3. Create a slogan or unique selling proposition

Best business cards include short tagline that makes the company unique and memorable. Good example is Nike slogan Just Do It! Or you can tell your customers why they should do the business with you. For instance: Family Operated and Owned Since 1990 or We Do and Guarantee Our Work.

4. Be careful how you arrange information on your business card

Information placement is one of the most important but very often overlooked element of successful business card design. Use Feng shui principles to avoid costly mistakes.

Each row and column have their own significance. For instance, a top row should contain only the most important information as it represents growth, trust, power, fame, results, and success. What belongs to the bottom row? Absolutely nothing important!

Did you know that if your company’s name appears at the bottom of the business card, there is only 5% chance that your company will survive for more than 5 years? Business will face many difficulties, unforeseen problems, bad employees.., and it won’t be strong enough to recover.

If your personal name appears at the bottom row instead, you will carry a lot of unnecessary burden.

5. Use Color

Colors are very important to us and good color combination of your business card can evoke immediate positive response and create emotional bond with your clients. If you need help, feng shui business colors and their properties can help you to select the best colors for your business goals.

There are many additional important aspects that can be applied to enhance your business card. According to your type of business, you can consider adding your photograph, map, business hours, awards and associations, website, etc.

Feng shui provides unique and invaluable guidance for all aspects of your business. If you would like to learn more about using feng shui principles to create best business card, visit www.lucky-feng-shui-for-life-and-love.com/Feng-shui-business-card.html

You can then ask your designer to incorporate feng shui principles into your business card design or even better, easily create the best business card yourself.