AllBusiness.com Suggests Six New Year's Resolutions for Business Success in 2006.SAN BRUNO San Bruno (săn br  `nō), city (1990 pop. 38,961), San Mateo co., W Calif., a suburb on San Francisco Bay; inc. 1914. There is light manufacturing and petroleum refining. , Calif. -- AllBusiness.com, a leading online business
resource, has created six New Year's resolutions to support
corporate growth in the coming year (for small and midsize businesses).
The "Six for '06" resolutions were developed by AllBusiness.com's team of business experts after a careful analysis of the current business landscape. Taking into account lessons learned from 2005 and information received from the company's recently-conducted "SMB (1) (Small to Medium-sized Business) Also called "SME" (small to medium-sized enterprise), it refers to companies that are larger than the small office/home office (SOHO), but not huge. State of the Union" study - the results of which were released earlier this month - the following provides practical tips for businesses to focus on in order to grow and succeed in the New Year: 1. Internet as Your Top Marketer The Internet is the great equalizer and is often underutilized by small and midsized businesses as a marketing tool. Through a coordinated mix of search marketing, search engine optimization Designing a Web site so that search engines easily find the pages and index them. The goal is to have your page be in the top 10 results of a search. Optimization includes the choice of words used in the text paragraphs and the placement of those words on the page, both visible and hidden and keyword lead generation efforts; businesses have the opportunity to substantially increase their leads and, ultimately, their bottom line sales. 2. Business Plan: Blueprint for Corporate Evolution Business plans often incorporate a "more of the same" philosophy, but the most successful companies are those that are constantly innovating - a mantra that starts from the executive leadership and permeates every part of the enterprise. Leaders must develop business plans that stress the need to change and adapt to current market conditions. The plans must also firmly assert that customer-centric innovation is not a project - it's a mindset mind·set or mind-set n. 1. A fixed mental attitude or disposition that predetermines a person's responses to and interpretations of situations. 2. An inclination or a habit. - a facile, forward-looking approach to every task. 3. People Power With business growth comes an increasing imperative to recruit and retain people who consistently add value to the enterprise and contribute to the company's success. A targeted human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. campaign leveraging the right mix of job-related Web sites, Meta search engines and other innovative HR strategies insures that human capital remains the most valuable corporate asset in the coming year. 4. Keep Saving For That Rainy Day Maintaining a healthy cash flow requires careful planning for fundamental operating costs operating costs npl → gastos mpl operacionales - particularly employee healthcare. A lack of foresight when managing cost centers like healthcare can result in an unexpected dearth of cash and can threaten the entire enterprise. Companies in need of liquid assets Cash, or property immediately convertible to cash, such as Securities, notes, life insurance policies with cash surrender values, U.S. savings bonds, or an account receivable. should consider the possibility of strategic partnerships that provide an extra boost of cash flow. 5. Stay Step Ahead of Technology Technology continues to move forward at a rapid pace - providing companies with multiples ways to streamline their internal processes and reduce operating expenditures. Externally, a growing body of research indicates that today's consumers increasingly rely on the Internet, cell phones and PDAs to access information, purchase new products and communicate with family and friends. Businesses must package their advertising/marketing messaging and their product/service offerings for these coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. platforms to remain relevant and visible to today's increasingly tech-savvy audience. 6. Perform Random Acts of Kindness Performing random acts of kindness improves and differentiates the culture of the firm and the brand itself. Business is all about relationships - and even the smallest gestures are memorable and provide a visceral affinity for the company by customers and employees. "Next year promises to be the 'Year of the Internet' for small and midsized businesses - where companies will employ strategic search marketing initiatives to generate leads, support their brand and branch out into new markets," says Peter Horan Peter Horan (born 1926, Killavil, County Sligo) is an Irish flute and fiddle player who is known for having developed a unique style influenced by the local irish fiddling tradition. For nearly 30 years performed as a duet with the famous fiddler Fred Finn. , CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , AllBusiness.com. "Through our research and our team of business experts, we have noted high levels of optimism on the part of today's business Today's Business is a show on CNBC that aired in the early morning, 5 to 7AM ET timeslot, hosted by Liz Claman and Bob Sellers, and it was replaced by Wake Up Call on Feb 4, 2002. leaders. Our 'Six for '06' resolutions provide the practical information needed to match that optimism with tangible business results." About AllBusiness.com. AllBusiness.com is a leading online resource offering advice and solutions that help businesses grow and succeed. Founded in 1999, the Company operates one of the Web's premier business sites, providing practical information and services for business professionals and growing businesses. The site includes how-to articles, business forms, contracts and agreements, expert advice, blogs, business news, directory listings, product comparisons, business guides and more. In addition to its flagship Web site, the Company's content can be accessed by its content syndication program, RSS feeds and email newsletters. AllBusiness.com is based in San Bruno, CA and backed by VantagePoint Venture Partners, one of the leading venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] in the world. |
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