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What to know before starting any business

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9.  Marketing

A marketing plan will include strategies, type of media to be used, cost and target market among other things.  Some of the ways to market your business include:

  • Press release

  • Online advertising such as pay-per-click (Google, Yahoo etc)

  • Craigslist

  • Buyerzone

  • sba.org

  • sba.gov

  • Yellow pages

  • Local newspapers

  • Referral discounts

  • Coupons and other freebies

  • Fliers, posters and business cards

  • Direct mailing

  • Email marketing

 

10.  Resources

Determine where to obtain useful resources for running the business and for future advancement:

  • Books – purchase or join a library and borrow books and other materials

  • Internet – spend time searching the internet for information, subscribe to online newsletters

  • Networking – use networking gatherings to exchange ideas with other businessmen and women

  • Seminars, workshops and conferences – register and attend seminars etc hosted by experts in your field

  • Magazine subscriptions – subscribe to print or online magazines and get updates on new things

 

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