How To Earn Money Online As A Local Business Consultant

Even if you are just starting to think how you can earn money online, an Internet businesses, like yours, can quickly gain the skills to help businesses local to your home area. Why you should seriously consider this lucrative strategy for a new internet business may not be that clear at first. You may also wonder how to start. I will give you some answers in this article.

If local businesses are getting business from the internet as part of an overall marketing strategy, why not make it your business to earn a share of that marketing budget? Think about why local search helps customers and how you can provide internet marketing services to businesses and start to earn money online for yourself.

Something like 40% or more of searches on Google include some sort of local phrase. People are more likely to search for say "Birmingham Accountants" than just Accountants, if they are local to Birmingham. Customers are changing how they find things, and comparatively few internet marketers have taken advantage of this growing trend in local search. Now is an ideal time to make it your business to help businesses locally, before your competitors steal this opportunity.

Now we have mobile websites and mobile apps. There are more than 3 times as many mobile devices out there as PCs, you can see why developing and selling a simple mobile website might be a smart move. People use internet access to get information and to find local businesses, as soon as they think about it. People no longer need to rummage through local papers and directories to find a product or service. They can easily find what they want and get more information about local business services, including a location map from any device that gets them online.

Local search marketing has made a ridiculously huge impact to how customers behave, which is why local businesses need to include local search into their marketing strategy. Local businesses may not know how. Internet businesses do. You can claim a share of their marketing budget. That's how you benefit. Google Maps, Pinterest and Video makes it easy for you to offer marketing services that will get local business ranking highly, but on a budget. Your internet business has the opportunity to offer internet marketing services using a system you can learn, that can be used in any local area (not just US or UK).

Provide the service your business customer wants, build a relationship, get repeat business and referrals. Join business associations in your area which provide an opportunity for promoting your services to people in business locally. Many people have discovered how to earn money online simply by explaining what they can do to other business people.

Competition for keywords with a local word (like Birmingham) is far less, so it's easier to offer a highly targeted service. If you want a domain starting with Accountants, you will be lucky to find accountants.co.uk or.com available, although you might be able to buy it from the present registrant at his price (high). If the domain you want is say, Birmingham Accountants there will be less competition for that, more chance of it being found by local customers and of greater value to the local business. This is a quick way to get your local business customer's website on the first page of Google (even after recent rule changes) so their clients can find them.

Some local businesses are more likely to need your internet business services than others. Look for local businesses, ideally medium sized, with a modest marketing budget and who rely on repeat business. Help those proprietors get more leads, more prospects and better cash-flow into their businesses. You will then get paid for your internet marketing services.

You do not need to be an expert at every aspect of internet business to earn money online. Spend just a little by outsourcing the work to the right people. Learn how to outsource internet services wisely. Spend just a couple of hundred on an optimised website and your local business customer will be more than happy to pay you much more. By using outsourcers and being the manager of your business, you free up more of your time, have more resources earning you money at the same time and increase your own internet cash flow.

Internet marketing is not core business for most local businesses. Most prefer to stick with what they are good at (e.g. accountancy, repairing locks, selling handbags, building houses). They need someone to deliver affordable internet marketing services that will get more customers. Local businesses need your internet business. When you find the right internet business training and support you can quickly build a business providing valuable services to local business. There is no point in re-inventing the wheel. Just learn from someone who has made the mistakes and enjoyed the successes before you. You don't need to duplicate that effort to have a highly profitable internet business and earn money online.

3 New Small Business Ideas

Just Wait Until You See How Easy It Can Be!!

There will be 3, no scratch that 4 unique small business ideas presented here. I decided to show you the single best long term business idea (that my wife actually does as well) as the BONUS business idea. I was going to save it for another article but decided to let you discover it here as an extra bonus.

Each business idea will be given in brief overview format, but should contain enough information so that you can get started

Then please share this article with your friends via Face Book and your other social media centers. They will be glad you did and will be excited you thought enough of them to share it.

#1 Become A Local Business Booster Hero!

The idea is very simple. What do all business owners want from their businesses?

More money.

So, you are just going to help other businesses make more money.

Here's how you do that.

You make deals with local businesses like Restaurants, Dentists or even Car Dealers that they will pay you to deliver leads to them.

Don't worry doing it will be easy!

you're just going to give every business you deal with exactly what they really want, which is more customers. Once you have delivered the leads for even just a short amount of time you will become their hero. You will be the one who they always take your calls. Why? Because people like you a whole lot when you make them money. How you do that is by sending them more customers.

All businesses want more customers because more customers = more money.

As an example: Dentists will pay you $25 per phone call when you get their phone ringing with people who need dental services. A Pizza Parlor will pay you $5 for every person who calls in and orders a pizza.

It's much better for the business to pay you when their phone rings than to pay for huge advertising and nothing happens. Businesses routinely pay thousands in advertising in the hopes that they may get some new customers from it and most of the time they see very poor results. But with your service they don't pay until the phone rings with a potential customer so it's very cost effective for them.

Why Would You Need a Business Coach

There are numerous reasons why using a business coach could be of huge benefit to you. Here are a few scenarios that are very common for business owners.

"I was spending too much time 'in' the business rather than 'on' it"

The creation of such opportunities is where business coaching really scores.

The business owner or director can be left mired 'in' the business with too little time to actually develop it. There's often no-one to turn to for clarity, or for an objective, informed view of their real choices and how to make them happen.

Take this typical scenario. A business owner has built a company based on his own expertise or idea. But a reluctance to delegate, plus a natural preference to stay immersed, head down, in what he's comfortable with leads to overwork, frustration and little progression. In such cases, the business coach can be an outlet and a trusted counsellor with whom business matters can be discussed confidentially.

"Just two directors, but we were so busy the business was left largely rudderless"

Turning to a business coach by no means implies shortcomings on the part of those seeking help.

In fact, most of the issues business coaches deal with are the result of a company's success. The aim is to ensure it continues that way.

Often rapid growth can be distracting and diverts the key players away from longer term objectives. Partners fail to meet regularly because of ongoing commitments, and then hardly at all.

Meanwhile the sales pipeline gets dangerously short because it's not being actively managed and, before they know it, the business is facing a monthly deficit.

Coaching can focus attention on the company structure and systems, and point out viable opportunities that may otherwise go unnoticed.

Clearly to do this competently, the coach should have meaningful business experience to share.

Hard business experience means your business coach can frame questions and brainstorms in a business format that's informed by their own relevant experience. Clear outcomes and value measurements can then be set for both the business and the individual.

"Direction? We'd expanded so quickly we were out of control"

Because they often work long hours with adverse effects on family and social life, business people can reach an impasse.

They may be succeeding professionally but in a disorganised way that can leave them with no clear view of their sales pipeline, or where the money's going. Proper internal structures and systems may not be in place or working adequately. Their work-life balance is a shambles.

The opportunity to re-energise and re-focus is what regular coaching sessions provide. Business people may be rushed off their feet, but are they just 'busy being busy' instead of delivering tangible results to the business?

A coaching programme can remind them of who they are and help them realise their own potential by identifying where they want to go.

"I wanted a different view of the business but wasn't convinced coaching would deliver it"

A business coach provides the perspective from which an executive can get an alternative view of the business. It's time in which to think, explore ideas and commit to action.

But, say sceptics, "I can think for myself - I've been in business for years!"

A good business coach is not there to make decisions but to create a space free from meetings, email and the telephone which clients can reliably and consistently devote to themselves and their business, and arrive at the outcomes they're looking for.

If a client has initial doubts about the value of coaching, then a trial session is available to see how it goes. The client always sets the agenda.

Sessions need to be regular and should be designed to get to the root of the issues facing the business, set clear objectives and agree an action plan of who's to do what.

They are certainly not empty talking shops. Business benefits are set meeting by meeting and we don't move forward unless we've achieved what we agreed to work on.

As with any business discipline, the entire process is value-driven and quantifiable.

Peter Miller-Smith is an accredited Business Coach and Mentor with 25 years commercial experience, and a proven track record of running businesses and leading teams in the UK, Europe and USA. He works with managers and business owners wanting to improve their business and personal performance.

Ways a Business Broker Can Obtain a Higher Business Selling Price

Using a business broker has many advantages for the small business owner. The most prevalent advantage is getting a higher price and because of this higher price the business broker can often pay for themselves.

Here are 4 ways a business broker can help you get a higher price for you company.

1. Proper pricing. Because business owners are not trained valuation professionals, sometimes they will seriously underestimate the true value of their business and a sophisticated buyer will get a "steal of a deal" without the seller even realizing the mistake.

Unlike selling real estate, there are many components of a business that you are selling. A business has its F&FE (furniture, fixtures and equipment), inventory, goodwill, non-compete, and also accounts receivable and accounts payable. All of this has to be considered when determining the pricing, not to mention any real estate that might also be included. It is the combination of all these items that composes the final price.

A professional trained to do valuations, like a business broker, understands valuing techniques and how your specific industry handles each item for the valuation of the company.

Depending on the industry of your business, there are certain rules of thumb when determining a fair market price. For example, in the insurance industry, it is common to use a factor of the commission. In other industries, it is common to use a factor of the profit or revenues to determine the fair market price. Each industry is different.

Lastly, to accurately determine the value, you need to review the comparable sold businesses and their selling price. This is information that is not readily available to business owners and it difficult to properly value a business without this critical information.

2. Stronger marketing effort. Often when sellers decide to sell themselves they will place their business on one or two business-for-sale websites. A professional broker may use as many 300 sites to promote the business as well as tap into existing buyer lists they already have. This alone can increase the price especially when there are multiple offers on a business.

Knowing the ideal buyer profile, a well-trained business broker can also target the ideal buyer and yield a higher price for the business by going after strategic buyers instead of financial buyers.

3. 3rd party negotiations. Using a third-party to negotiate the pricing removes the emotional factor and increases the price. One broker tells her customers, "Every time you talk about price with the buyer, you lose $25k."

A business broker uses specific negotiating tactics to get sellers the highest price possible. Since a business broker is often paid a percentage of the selling price, it is in their best interest to get the highest price.

4. Time is money. A business's value is heavily dependent on the profit and revenue. When an owner tries to sell their business themselves, they take their focus off running the business and often profit and revenue drops. This reduces the price of the business. Using a business broker allows the business owner to stay focused on running the business and getting the highest selling price possible.

Home Business Ideas and How To Start One Up

Running your very own home business allows you the freedom to be your own boss and it also enables you to choose your projects and work hours according to your preference. However, starting your own business from scratch and making it a success needs a lot of hard work, commitment and devotion.

Following are some of the most crucial aspects about starting and running your own business.

5 Tips On How To Get Started

1. Market research: When starting your own business, there are plenty of things to decide before you make any big move, e.g. what type of business are you willing to start, potential competition in that domain as well as business viability. You will also need to carry out some in-depth market analysis to learn whether or not there is any demand for the services or products you are planning to provide. Not only if there is a need for your product but also that you can sell them at a profit.

A typical market research is usually about finding the answers to the following questions:

Is there any scope for my product in the market?

Are there too many players already in the market?

Can I survive the tough competition?

Who are my rivals in the business?

How can I do things better or differently than them?

What my target customer-base think about my services or products?

How much money they will be ready to pay for my products or services?

How do I promote my brand?

2. Come up with a business plan: If you are serious about starting your own business, you must have a comprehensive business plan covering each and every aspect of your business such as operational structures, financial dealings, market analysis, management, budgets and marketing plan.

3. Administrative set up: Starting your own business does not simply mean that you can do your market research, work out a decent plan and straight away announce that you are open for business. Before you go ahead with making your business functional, you need to register it with the concerned authorities.

You will also need to carry out certain simple tasks such as opening a new bank account for your business, getting a dedicated business phone line, a workstation, an active Internet connection and so on. If you are starting a home based business, it is recommended that you seek the necessary approvals from local authorities as well as making every effort to comply with the zoning regulation and other legal obligations.

4. Raise money: To keep inconvenience at bay, you should always overestimate your business costs. It is a lot easier to raise funds before you launch the business than doing it after you fail to meet the projections. So, in order to limit the risks, minimize the amount of personal money you pour into the new business and instead try to get yourself a business loan. Chances are you will be tempted to use your credit card to compensate for any lack of funding, but you should steer clear of it as much as possible as credit card debt is one of the most expensive debts you can possibly have.

5. Aggressive marketing: While starting your own business, use every available resources to reach out to more and more people through ads or any other means- the idea here is to convince people your services and/or products are reliable and worth trying out. Make extensive use of web technologies to get your business a competitive advantage over other rivals. Use the Internet as an effective customer research tool.

More and more people go to the internet first to find the answers to their questions so make sure that you have made this a priority task when setting up your business. Learn how to set up your business correctly and how to market it efficiently.

When you have researched the queries we have raised above don't leave it there if you go ahead with your home business. Continue to learn and continue to keep it active in the market place through marketing.