It’s Thursday, Thursday, Thursday and it’s time to check out the morning business headlines in the Business Blitz here at Extreme John ! Today I’ll cover a number of small business tips which include: web and business tools that most start-ups use, tips for buying a commercial short sale or foreclosure, creating big buzz for your business and downsizing mistakes.
Hot Business News For July 28, 2011
First up this morning “The Web & Business Tools Startups Use Most.” I love the infographic articles that Mashable throws up once in a while because they really help to give you a big picture. This article features the results of 550 people’s answers to which tools they use for their businesses. The majority of people surveyed work in the technology, digital media and professional service industry. I love how this article breaks down tools that each business uses not only because it shares the most popular tools but also because it shares a number of tools that I have never heard of before.
Next up this morning “5 Tips For Buying A Commercial Short Sale Or Foreclosure.” Buying a commercial short sale or foreclosure is not something that I have ever thought about but I can imagine that it’s a fairly difficult thing to get in to. The only reason I have never thought about it myself is because of the sheer magnitude that comes with taking over someone elses business particularly when it isn’t in the best shape, I have however, absorbed other companies assets in to my own which I suppose is similar. Regardless, if you are looking to get your feet wet in short sale or foreclosure businesses then this article is worth a read.
Also in news this morning “5 Ways to Create Big Buzz For Your Business.” Creating buzz for your business is a huge deal because how you choose to market your business is what determines how successful you are. This article covers five ways that you can create buzz for your business including: creating a contest and volunteering time!
Last up this morning an article from Entrepreneur magazine titled “The Six Biggest Downsizing Mistakes.” At some point in your business lifespan you may find yourself having to downsize and like most things in small business there is a right way and a wrong way to do it. This article covers six things that you need to avoid when downsizing your business including: underestimating the severity and length of an economic downturn and communicating too infrequently.
Of all of the articles this morning my favorite has to be the article on downsizing mistakes. When it comes to downsizing very seldom do business owners put the time and effort demanded to make the right cuts in the right places and this article is a great way to start in the right direction.
Which of today’s articles appealed to you the most? Leave a comment and share your thoughts.