Your EnterQuest Bulletin - 06 July 2005
| Thought for the week:
"The man who makes no mistakes does not usually make
anything." William Connor Magee |
In this week's issue:
Small business answers If
you have any questions about your business idea or target market, or need help
tracking down a grant, subsidy or business support in your local area, then send
an e-mail with your query to the EnterQuest information team and we'll do our
best to help. Send
your question to
enterquest@cobwebinfo.com.
To
access over 800 factsheets, guides and small business reports, go to www.scavenger.net.
Weekly stir  How
to avoid useless information and advice Useless information and advice
for small business owners is all around us and in great abundance. And
we get plenty of e-mails from EnterQuest subscribers venting their spleen and
telling us about their own frustrating experiences when trying to find help and
guidance. One
particular reason why so many new business start ups and small business owners
experience problems is that their starting point when seeking help or support
is led by the attraction of getting a grant - often misleadingly dangled in front
of them as "free money" from the Government or another public sector
agency. Instead,
too many people are led down the garden path, because there's no such thing as
free money - ie, you normally have to match a grant with your own investment -
and the majority of start ups and small firms are not eligible for the grants
that are available anyway. The result is a disappointed small business owner who
feels badly advised, badly informed and that they've wasted their precious time.
So
where can small business owners and aspiring entrepreneurs get advice and find
information from the "real business world" that's relevant, helpful
and practical? Well,
this information is also all around you. Sometimes it's free, and sometimes it's
not, but it's always bloody good value. Our
own research among several hundred start ups and small business owners last year
confirmed the real picture that the most popular source of information and advice
is other small business owners. A bit obvious really. Here
are some tips to help you get started: - If
you know people in business already, make sure you tap into their experience,
since they've been there before you and will be happy to help. If you don't know
anyone, find a local small business network or business club and join it.
- For
financial information and advice, go to your accountant. If you haven't spoken
to one yet then do it now. It won't cost you too much, but it'll cost you a damn
sight more if you don't.
- For
practical how-to information, have a browse around Amazon.co.uk.
There are literally hundreds of how-to manuals and books about setting up and
running a small business on the market, which have all been written by people
who have done it themselves in the "real world". You can also check
out our list of over 100 small business books that we highly rate in the bookstore
on our Enterprise Quest website.
- The
trade association covering your sector will also be an excellent source of up-to-date
advice and information about the business or market you're in, and possibly legal
information as well. Go to the Trade
Association Forum to find the organisation for your sector.
-
You can also find comprehensive but concise 10-12 page overviews of trends and
developments in 60 key UK market sectors by going to our Scavenger
business research website.
- You
can find excellent up-to-date statistics, facts and figures about consumer and
market trends on the Office
for National Statistics (ONS) website (er, yes, this is a Government site
but we'll give credit where it's due). And the UpMyStreet
website is another very good source of potential customer information available
on a local level.
- For
general business start up advice and training, go to your local enterprise agency.
These are independently operating organisations dedicated to supporting new start
ups. Find one local to you listed in your Yellow
Pages or go to the National Federation
of Enterprise Agencies (NFEA) website.
- Your
own observations and experiences are also things that you mustn't overlook. Unbridled
inquisitiveness and a desire to learn new things are the hallmarks of every successful
business owner.
Now
don't get us wrong. We don't just berate Government departments' efforts to support
business start ups and small firms for the heck of it. But if we see something
that is ineffective, useless or downright duff, and we know of something that's
a whole lot better, then we will, of course, do our best to tell you about it. Marketing
tip  Handy
tips for effective small ads Adverts can be placed in special interest
media (magazines and websites) to attract specific target customers, or in local
newspapers and listings magazines for a more general audience. To increase the
response rate from your ads, try the following tips:
1) Always include a reply slip or telephone number, e-mail or web address in your
advert to enable customers to contact you to request a catalogue or order a product.
2)
If you are selling your product or service through the advert, give a guarantee.
Customers are expected to buy after having seen only a few words and a drawing
or photograph, so they must be able to send it back (perhaps even at your expense)
if they are not happy with their purchase. 3)
Don't use a Post Office box as the reply address; this gives an impression of
being evasive, and tends to contribute to a low response rate. 4)
Keep price and postage costs separate, as well as VAT if you are registered for
this, and give an expected delivery lead time. 5)
Keep a record of where customer enquiries come from, to track the success of ads
in different publications. Also keep note of whether the enquiry becomes a sale.
This will help you determine which ads lead to sales (as opposed to just enquiries).
You
can find a directory of the UK's special interest consumer media at Media
UK, and trade publications are at Trade
Pub. For
hundreds more tips, tactics and techniques for promoting your business and increasing
sales no matter what sector you're in, check out the UK
Small Business Marketing Bible. Legal
tip  The
CAP Code: how it applies to your business
The British Code of Advertising, Sales Promotion and Direct
Marketing (the CAP Code) applies to catalogues, circulars, newspaper and magazine
ads, direct mail and brochures. The
main provisions of the Code state that ads must be legal, decent, honest and truthful,
and there are also specific rules governing distance selling and direct mail.
Here's a whistlestop guide to some of the main issues covered by the Code. - All
marketing communications should describe the main characteristics of the product
or service being advertised.
-
If you're including prices, you must also include any VAT or other taxes payable,
as well as the amount and number of any delivery charges.
- If
the offer is limited (for example, 'while stocks last' or 'sale ends Sunday'),
you need to make this clear in the ad, as well as clearly explaining any other
conditions that affect the validity of the offer.
- Include
a statement as to whether you will provide substitute products (of equivalent
quality and price) if those ordered are unavailable, and whether you will meet
the cost of returning substitute products on cancellation.
- If
you use a testimonial, you must have signed and dated proof that it's genuine,
and you should also have the written permission of whoever gave you the testimonial.
- It
must be clear that your marketing literature - small ads, brochures, flyers and
so on - is promotional.
- Customer
lists should be accurate and up-to-date. Reasonable requests for corrections to
personal information should be acted on within 60 days.
Check
out this
factsheet about the CAP Code for more detailed information, or visit the Committee
of Advertising Practice's dedicated
website about the Code. The
UK Red Tape BUSTER
also has more information about advertising regulations for small firms, as well
as hundreds of factsheets, checklists and scenarios for every small business legal
situation. IT
tip  Your
website in other browsers Q1:
How many people access the Internet using a platform other than a PC? a)
Over 1 million. b) Over 5 million. c) Over 10 million.
Q2:
How many people use a browser other than Internet Explorer (IE) when accessing
the web? a)
Over 2 million. b) Over 12 million. c) Over 17 million.
The
answer to question 1 is b) - over 5 million people use something other than a
PC - whether this is a portable device such as a mobile phone or a Mac computer
- to access the Internet. And
the correct response to question 2 is c) - more than 17 million people don't browse
the Internet using IE. If
you're surprised by these figures, you're not alone. It's easy to believe that
because Windows PCs and IE are the dominant products on the market, there's no
point in optimising your website to display properly in other browsers or on Macs
rather than PCs. But
when you look at the numbers, you're talking about over 20 million potential visitors
or customers worldwide who may not be able to get the most out of the site you've
put so much effort into developing and maintaining. Here
are a few practical tools and resources for ensuring your web pages don't just
work for people browsing the web using IE. - NetMechanic's
Browser Photo service offers a photo tour of some of the main problems that
can affect the way websites display in different browsers. Viewing these pictures
makes it easier to understand the issues in real terms. It's trying to flog a
fairly pricy commercial service to test your pages for you, but you can use this
service once on one web page for just $15, and there are some practical tips in
there to boot.
- AnyBrowser.com
offers free tools to check the compatibility of your website with, well, any browser,
allowing you to view your site as it would display for users of different browsers.
There are tons of different technical resources - including HTML tutorials, link
testing services and places to find new fonts or graphics - as well.
-
A more hands-on approach is to simply make sure you have access to several different
browsers when developing your site. Netscape Navigator and Firefox are the most
popular after IE.
- FrontPage
Tips offers a step-by-step guide to writing the style sheet for your website
with different browsers in mind.
New business idea Each
week we provide you with summaries of some popular or emerging business ideas
in the UK. Here
is this week's idea:
Just one word Regularly
improving your vocabulary is not just about learning a new word and its meaning.
It will improve your general knowledge and make you feel and act smarter in all
sorts of personal and business situations. Do
you know what 'imposture' means? a)
forcing someone to obey a rule b) an act of fraud or deception c) intruding
or being a burden d) behaving inappropriately or rudely
Answer
at the end of the Bulletin. Website review  The
Directgov website (www.direct.gov.uk) Billing
itself as the portal to information from the UK Government, including directories,
online services and news, this site was launched to a huge fanfare a couple of
years ago and has been revamped since then based, apparently, on user feedback.
- Navigation
- the blurb claims that the homepage has been rejigged to make it easier to navigate
and to provide shortcuts to popular pages, and it's certainly easy to follow.
The stuff they've chosen to highlight seems well thought out - the link to all
the UK's local authorities' contact details is definitely worth bookmarking, and
it's even easy to find info for Scotland, Northern Ireland and Wales - this is
all too often buried deep in the graveyards of Government sites.
    
- Accessibility
- there's detailed advice about which screen resolutions and screen colours on
different browsers get the best out of the site, with helpful links to more help
if you need it. There's also practical help with PDFs. However, the site hasn't
yet achieved full compliance with the World Wide Web Consortium's (W3C) minimum
advised standards of accessibility for people with disabilities - though it claims
it will later in 2005.
    
- Content
- although primarily aimed at consumers, there are real gems to be found for businesses
on this site. The travel section is good, the tax section has useful info for
self-employed people, and the factsheets on issues such as money, consumer rights
and health and safety are more practical than what's available from the departments
responsible for enforcing them!
    
- Relevance
- although a bit cluttered, the newsroom is well populated with stories that are
written in a more readable, chatty style than those on the Government
News Network (GNN). The fact that you can view relevant webcasts on topics
such as the Budget is also impressive.
     Not
bad for a Government website - it's a genuinely useful resource for businesses
thanks to the wealth of practical tools to do with tax, legislation and local
authorities. And it's a good benchmark for some of the other lousy Government
sites that don't even come close to this standard. Our
rating - 16/20
Did
you know? International
domain name debate launched The
registry for .uk domain names, Nominet, is asking for opinions and feedback on
proposals
to introduce internationalised domain names (IDNAs) to the available options for
businesses looking to establish a website. Currently only the Roman A-Z alphabet,
hyphens and the digits 0 to 9 may be used, making it difficult for the Asian and
Eastern European communities to create domain names using the symbols common to
their alphabets. Pro-IDNA lobbyists argue that more choice should be available
to businesses targeting customers whose first language is not English.
Worth
a visit The
cheap alternative to e-auctions The
Peoples Web is a low-cost, independent service which aims to help retail businesses
sell online without having to pay the sometimes high fees charged by Internet
auction sites like eBay, search engines such as Google's Ad service, and business
directories like Yell.com. Your products or services can both be sold via the
site for a fee of just £25 per year. The directory can be searched regionally
and results are listed in the order that most closely matches the search parameters
- so there's no high fees for getting a better ranking. Start
up support from the British Library The
British Library has launched several
new services aimed at start up businesses and aspiring entrepreneurs. The
services include a product novelty service, which uses the Library's patent resources
to establish whether a product idea is genuinely original, and a company profile
service, which provides detailed profiles and lists of businesses by activity,
location and size. Genuinely good eggs, this lot. Patents
guidance for small firms The
World Intellectual Property Organization (WIPO) has published fresh
guidance to explain how businesses and inventors can use patents to their
advantage. WIPO says that understanding the intellectual property legal system
is crucial to the development of a business' innovation strategy. The new guide
provides an introduction to how patents work, answers frequently asked questions
and provides practical tips on developing a patent strategy in a small firm.
Worth
a read Taking
a fascinating look into what makes the difference between new businesses that
fail and those that succeed, this book offers an inspirational chronicle of success
stories where dreams have been turned into profitable business reality. The entrepreneurs
interviewed in the book speak candidly about issues such as how they decided on
their business idea and how they got funding, as well as revealing their doubts,
frustrations and mistakes. Check out:
Just one word answer
The answer is b).Imposture
is an act of fraud or deception where one person or business pretends to be or
masquerades as another. The most common example of imposture these days is the
phishing e-mails that many unfortunate Internet users now receive, and which deceive
you into visiting a website that appears to be, but is not, legitimate. |
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luck The EnterQuest Team Visit
www.enterprisequest.com
to access over 100 back issues of the EnterQuest newsletter
This information is meant as a starting point only. Whilst all reasonable efforts
have been made, the publisher makes no warranties that the information is accurate
and up-to-date and will not be responsible for any errors or omissions in the
information nor any consequences of any errors or omissions. Professional advice
should be sought where appropriate. |