The Up and Coming Small Business Trend for 2006 – Teleconferencing Networking

According to the U.S. Business Administration in 2003 of the 5.7 million American businesses, 99% are considered to be small businesses with less than 500 employees. Small business owners continue to grow at a phenomenal rate.

Many business strategies are employed to grow sales including: Search Engine Marketing, Internet Marketing such as online newsletters and traditional marketing such as radio, television and print. Another popular marketing strategy is business to business (B2B) networking through numerous vehicles such as Chambers of Commerce, formal networking organizations and professional associates.

However, in 2006 a new trend emerged. Business networking experienced a complete transformation through the concept of teleconferencing networking. This type of online networking was very new.

One of the earliest companies who offered this type of networking was Fast Pitch Networking. This innovative company developed networking teleconference sessions where you had just 5 minutes to “pitch” what you do to 25 other prospects.

Just think about the advantages that this type of networking provides the small business owner:

  • Geographic flexibility — If you have numerous locations or wish to expand to a new market, you can telephone into a conference and share what you do with others no matter where you are at that moment.
  • Reduced costs — No costs for driving, parking to that weekly or monthly meeting. Also, there is no annual commitment as each meeting has a flat cost. Yes, there is a telephone charge, but many small business owners have flat long distance fees.
  • More time — Since you can network from your office or home, you now have more time for additional appointments. You don’t have to allow additional time for traffic, road conditions, etc.
  • Convenience — If you live in the northern states, you can avoid winter’s bad weather since you are calling from your office. Again, you attend when you can and pay for only those meetings that you attend.
  • Additional Opportunities – You will have fresh individuals to connect with instead of the same faces that you see weekly or monthly who still haven’t become customers.
  • Focus — In traditional networking environments, there are always distractions from people interruptions to food being served. With online networking or teleconferencing networking, the focus is on you. Now is YOUR time to shine.
  • If you are a small business owner who is an excellent communicator, has developed a strong “Elevator” speech and can quickly establish a rapport using online technology, then on-line networking can only catapult your business to that next level. Watch for this up and coming small business trend in 2006.

Some Basic Tips On How To Invest Your Money

People who have extra finances that they can spare often think of ways that they can actually utilize them and let them better returns. There are various ways on how to invest your money and it is best that people carefully look into all these options first and the pros and cons of each of these options so they know that when they decide where they should place their finances, they know that they getting a very viable option.

Although the stock market has always been a popular choice among many interested investors back in the day, a lot of people are quite discouraged in placing their financial stakes in these ventures because of its relative volatility. Thus, many up and coming investors cannot expect getting really good profits out of placing their spare cash in these ventures because of higher risks.

One of the safe options that one can place his spare cash in is the open cash markets. This is also referred as high interest savings accounts and are considered very great choices for investing finances, especially if this is done for a shorter period of time. A lot of people consider this as a very good way of getting good financial yield with return rates reaching up to four percent.

If you are looking for options on how to invest your money, you can also go after treasuries or T-bills. These are notes that are invested by the government of the United States and they are considered as having a very relative low investment risk, and are very good options for up and coming investors. Considering how they are backed by the government, they are currently considered the safest form of investment these days.

Certificates of Deposits or CDs are also very good business staking tools. They are available through brokers or banks and they are also considered very safe where investments are concerned. Many people will find it convenient that these tools have maturity dates that are already set, and the investors are also locked into the interest rates that they were first set with until the term has been completed.

Another viable investment option is the 401k plan. People are advised to invest these funds if their employers have provided them with these types of employment programs since this is one of their right as holders of such plans. People are given a wide variety of choices especially on the way that they can invest the funds within this plan, based on the options that are outlined and specified within these plans.

People who do not like the idea of being exposed with too much risks can actually choose putting their cash in mutual funds. One is assured that his funds are being staked in the right investment ventures because there will be a fund manager that will oversee all the transactions. Though there is very minimal risk that one takes in this type of setup, necessary fees must be made in exchange for the services of the fund manager.

When finding ways about how to invest your money, it is very important that one properly considers all the available choices that is available for him. This will help him determine ahead of time, which from all these choices is the best option for him so he can maximize the amount that he will be investing.

Investing Your Money For a Better Retirement

If you want to have a chance of retiring in style instead of broke like most people do, you will need to start planning right away. The reason why most people will retire with not very much money is simply because they failed to plan for retirement. There are many things you can do to help increase the odds of having enough money in your retirement to continue with your current lifestyle and one of those things is investing your money. We have all heard the advice of starting as soon as possible. The reason is simple. The more time that goes by, the more your money will grow through compound interest.

Although many people have seen their savings account as well as their IRA accounts drop over the last couple of years, statistics show that if you invest your money for the long term, over 20 years, you have over a 90% chance of coming out ahead. With even time, you can even retire as a millionaire. But why do you need to invest money in the first place if there is a chance that you can lose it? The main reason is because most people make money by trading their time. Since there are only so much time in a day that can be traded off for money, you can only make so much in any given day. What you can do to make more money is to have your money make money for you.

By educating yourself about different types of investments, you will be able to invest in things that you know such as property, businesses, and stock. Before you make an investment, you will want to make sure you don’t go into it blindly. At the same time, you shouldn’t let fear stop you from ever starting either. There are plenty of safe investments you can make in order to grow your money such as CD’s. With investment, generally, the riskier the investment, the greater the return. You will want to find something that will fit your tolerance level.

Another thing you can do to grow your money is to use it to start a business. Many people don’t even consider this idea due to the high cost of most businesses but with the internet, anyone can start a home business part time with less than $100. What you will need to do is learn how to do it correctly. From there, you will need to put in the time as well as create a system where you will be able to continue growing your net worth even if you stop working.

Regardless of what you choose to do or where you invest your money, the important thing is to start now.