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The
Small
Business Advisor
Newsletter for Nov,
2000
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CONTENTS
Notes, tips, etc
Communicating 10
Reasons Small Businesses Fail
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NOTES/TIPS/etc
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UPS SHIPPING SOLUTIONS. To learn more about the features of UPS
shipping OnLine, visit: http://www.ups.com/bussol/solutions/index.html
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TRADEMARKS. The International Trademark Association (http://inta.org/basics/tmsrchng.shtml)
provides links to a number of site in various countries (including the
U.S.) that include free trademark services. Very neat.
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BUILDING A WEBSITE? Visit http://coolgraphics.com/ for a variety
of free graphics.
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e-Zone Media (http://www.e-zonemedia.com) . When we find a really
outstanding vendor, we like to pass the information along. EZone Media,
located in Ottawa, Ontario, Canada is an internet solutions company. Jason
Clark, the President and Dominic Plouffe, VP, understand that software
or products without support is a formula for failure. We use a number
of their products and have found eZone to be a cut above in terms of solid
product design and rapid, friendly support. If you're building a website
consider their excellent product offerings: fuseMail, a webmail client;
fuseTalk, a discussion form package; and fuseAds, for banner administration.
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COMMUNICATING
by Robert Sullivan
Considering how important
written and oral communications are in the business world, it is amazing
how little attention is given to these areas. Furthermore, most of us
are not too good at either. However, it is encouraging to note that improvements
in speaking and writing are easy to achieve and can pay big dividends.
This chapter will focus on suggestions for improving your performance
in both these areas.
WRITING
Your business success will rely to some extent on your ability to write;
so it is important that you assess your talents in this area. The purpose
of writing is simply to EFFECTIVELY convey a message to the recipient
... no more and no less. The process has somehow gotten completely out
of hand. If you don't believe me, take out one of your insurance policies
and try to read it. Is the message clear? If you want a real chuckle,
get hold of a government regulation ... any regulation ... and try to
understand the message. Can't do it?
You must write clearly
and not obfuscate (see what I mean?) the message, since your business
survival depends to a great extent on making yourself understood. This
chapter provides some tips for making your message understandable.
WRITING GUIDELINES
Think first, then write. EVERYTHING you put on paper becomes a permanent
(and legal) record. You cannot take back what you have written and mailed
or faxed. Never write when you're angry. In all cases, if time permits,
write your message, then come back to it the next day for another quick
review. It is true that everything looks different with the morning light.
Keep the recipient
in mind. Keep in mind who is to get the message and adjust your text and
writing style accordingly. Correspondence to a customer should always
be friendly and upbeat even when discussing a problem.
Wrong: "Our
warranty clearly states that no returns will be accepted after 60 days.
After that time the manufacturer is responsible for any repairs."
Better: "I am
sorry you are having problems with your lawn mower. As you know we do
not accept returns after 60 days. As noted in the manual, you can return
the mower to the manufacturer for repairs. And, because we value you as
a customer, we will be happy to loan you our demonstration unit until
yours is returned."
Now, make certain
there is a big sign on the side of the mower that states, "Loaner
courtesy ABC Company." You get free advertising in your customer's
neighborhood.
Make your message
as personal as possible ... it makes you more believable. Wrong: "We
at XYZ will remain committed to serving you in the future."
Better: "I hope
to see you in the store again soon."
Understand the purpose
for the communications. Include only what is required for clarity. In
other words, don't beat around the bush. Your reader is looking for a
certain message ... present that message early in the text, before the
reader becomes bored.
Wrong. "We appreciate
the opportunity to ... blah blah ... XYZ has been in business for ...
and we have furnished similar ... blah blah ... Attachment 1 lists your
cost for the items requested."
Better. "Ref:
Your request for pricing dated April 2, 1992. [chart of prices]. Thank
you and please call with any questions."
People are busy,
just like you are, and do not want to be entertained by correspondence.
They just want answers.
Obtain an independent
review. If possible, have someone review your correspondence for under-standing
and clarity. The message may be obvious to you and no one else. There
is a story told that Napoleon had his "dullest" foot soldier
read all his directives before they were sent to his generals. His thought
was that if this foot soldier understood the message, there was no chance
that anyone else would misinterpret his orders.
Proofread. It is
amazing how many errors can be found in correspondence. When this happens
you immediately lose credibility with the reader. Never mind how the error
crept in ... it is now too late. Proofread thoroughly. Do NOT rely on
your word processor's spell checker ... it cannot interpret what you are
trying to say. For example it cannot make the correct decision with respect
to words like there/their, for/four, capitol/capital.
Do not rely on any
of the software "grammar checkers." They are simply not good
enough (yet) to be effective and you cannot afford mistakes. "Sorry,
Mr. Jones, but apparently my computer did not understand what I was trying
to say." Write deductively. In other words, make your point immediately
and follow up with the supporting facts. This allows the reader to get
to the point before losing interest. This ties in with under-standing
the purpose of the communications as discussed above.
Organize your writing.
Start with an outline and then fill in the specifics. In that manner,
you will be assured of an organized document. Now for a few specific Dos
and Don'ts for your correspondence.
WRITING GUIDELINES
Do pay attention to detail. Your correspondence should be neat with correct
spelling, grammar usage, and punctuation.
Do organize your
material to present a clear message.
Do be precise. Use
words with exact meanings.
Do use humor, if
it's appropriate, and especially if the subject is dull ... it will help
to keep the reader's attention.
Don't be verbose.
Read any legal document for examples of this!
Don't try to impress
the reader with big complex words. Just clearly state your message.
The best way to learn
to write is to write. Practice! Write letters to companies and ask for
literature, begin a daily diary, write to your mother.
SPEAKING
There are many situations where speaking effect-ively will make the difference
between winning and losing. Most of us rarely consider how we speak or
if our message is being perceived correctly.
Every book written
about speaking in various situations never fails to mention that speaking
in front of an audience is everyone's number one fear (perhaps even edging
out death!). Maybe that's true, and with a few pointers, it is amazing
how easy and, yes, enjoyable, public speaking can be. Incidentally, an
audience of ONE should be treated no differently than an auditorium full
of people.
When you are speaking,
all eyes will be on you! Therefore, everything, both audible and visual
becomes important. Your audience, whether one or many, is listening to
the inflections and tone of your voice and watching your body language
and your facial expressions. You will feel like you cannot afford even
a little mistake in either word or gesture. This is probably one of the
reasons everyone is so nervous about speaking. The answer to alleviating
your fears in this situation is easier than you might think: Be aware
of a few basic rules of speaking and then practice.
SPEAKING GUIDELINES
Dress for the occasion but make sure you are comfortable. Look in a mirror
before going "on stage." Hair okay? Nothing on your teeth? Fly
zipped up?
Practice a smile
and take a few deep breaths.
Smile at your audience,
when appropriate.
Do not be afraid
to gesture ... it is a great technique for emphasizing a point. But don't
overdue it to the point where you are always in motion which can be distracting
to the listeners.
Talk in a conversational
tone. Don't "lecture."
PREPARE. This is
obvious and too important not to mention. If you are prepared you will
exude self-confidence that will be apparent to the audience. Preparation
means researching so you understand your topic.
PRACTICE. Practice
until you are satisfied with your delivery. Speak clearly, not too fast,
with appropriate inflection, and keep your text simple.
Big, impressive words
are not necessary and can be distracting when your audience tries to figure
out what they mean.
Make sure your message
is organized, clear, and to the point. Stand (or sit) tall. Maintain a
leadership bearing, erect and leaning slightly forward.
Maintain eye contact
with your audience. Ob-serve other speakers and note how often they are
speaking to something other than their listeners. It is very distracting
to an audience to have a speaker address the ceiling or podium!
Use the pause effectively.
A second or two of silence is preferred over three or four "uh"
or "ums." The stuttering speech that results from those little
"uh" and "um" sounds drive listeners crazy and makes
it sound like you don't know your material. You lose credibility. So don't
do it. Simply pause!
Do not argue or become
confrontational with anyone in your audience. If someone gives you a hard
time, do your best to ignore it or offer to speak with them at the end
of your delivery.
Be honest. If you
don't know something, simply say "I don't know."
Be yourself. If you
put on an act, you lose sincerity and credibility.
SUMMARY The importance
of communication cannot be over emphasized. Learn to write clearly and
speak effectively. Follow the basic rules presented above and practice.
Keep your written messages personal and to the point. Deliver your spoken
messages with sincerity ... be yourself and be honest.
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TOP 10 REASONS SMALL BUSINESSES FAIL
From allbusiness.com
About half of all
small businesses fail within the first four years -- a statistic that
generates a shudder of fear in even the most dauntless entrepreneur. Most
of these failures, however, resemble one another in crucial ways. And
once you identify these harbingers of failure, you can increase your own
chance of success.
Procrastination.
When you own a small business, you will find that tasks and paperwork
pile up like snowdrifts on your desk. Putting them off is like piling
up debt; eventually they could overwhelm you.
Ignoring the competition.
Consumer loyalty has declined sharply in recent years. Today, customers
go where they can find the best products and services, even if that means
breaking off long-term business relationships. Monitor your competitors,
and don't be ashamed to copy their best ideas (assuming that doesn't mean
violating patent law). Better yet, devote some time each week or month
to devising new methods, products or services for your firm.
Sloppy or ineffective
marketing. Contrary to the popular cliche, few products or services "sell
themselves." If you don't have time to market your product effectively,
hire an experienced person to do it for you. Marketing keeps your products
selling and money flowing into your business. It's crucial that you do
it well.
Ignoring customers´
needs. Once you attract customers, you'll have to work hard to keep them.
Customer service should be a key aspect of your business. If you don't
follow through with your customers, they'll find someone who will.
Incompetent employees.
Hire only workers who are essential to your operation. When you do hire
employees, make sure they're well trained and able to complete the tasks
expected of them. And remember that happy employees make good workers
- try to create a work environment that keeps your staff happy and motivated.
Lack of versatility.
You may be great at making hats or painting houses or fixing computers,
but that's not enough to make your millinery shop or house painting business
or computer consultancy successful. Successful business owners tend to
be adept at a number of tasks, from accounting to marketing to hiring.
Poor location. Even
the best restaurant or retail store will fail if it's in the wrong place.
When you're scouting a location for your firm, consider factors such as
traffic (how many potential customers pass your firm during the course
of an afternoon or evening?) and convenience (how hard is it for your
regular customers to get to your location on a regular basis?).
Cash flow problems.
You need to know how to track the money coming into and out of your business
-- even a profitable venture will flounder if it runs short of cash. In
addition, you must learn to make cash flow projections that will help
you decide how much money you can afford to spend and warn you of impending
trouble.
A closed mind. Everyone
goes into business with some preconceptions - don't be surprised if you
find that many of yours are wrong. Look for mentors who can give you advice
and run your ideas by them before you make important financial commitments.
Read books and magazines about small business, visit business-related
Web sites and network with your peers in the business community.
Inadequate planning.
Start with realistic but precise goals for your firm, including deadlines.
For example, don't just say that you want to increase sales; instead,
decide that you want sales to reach $100,000 by next holiday season. Then
write down the steps you can take to meet those goals on time, and set
deadlines for completing those steps. Consult your goal list every day,
and make sure you are doing what you need to do to meet your objectives.
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