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Your EnterQuest Bulletin - 15 June 2004

Thought for the week: "A ship in the harbour is safe, but that is not what ships are built for." Unknown

In this week's issue:

  • how to compete with the big guys
  • get a better search engine ranking
  • is your website friendly to all users?
  • the best technology of 2004

How to compete with the big guys

Big isn't always beautiful, or even desirable, for that matter. And high growth isn't what the majority of small businesses will ever achieve. Nor is it necessarily what they want to achieve.

But that doesn't mean you can't succeed as a small business, make serious leaps and bounds in your market, or beat the stuffing out of the biggest players in your industry.

Being small actually gives you several advantages over your bigger and so-called stronger competitors, and also over every other small business you compete against.

Because being small doesn't stop you from being smart.

It doesn't stop you from finding the killer apps, the deadly strategies, or those life-changing, impact-making breakthroughs that can propel your small, ordinary enterprise into the profit-making, market-leading firm in your niche that you are dreaming about.

Here are ten ways you can act smart to beat the big guys as well as everybody else:

  1. Be faster - this is all about being able to find a way to be quicker off the mark than anyone else. For example, faster delivery, quicker production lead times, getting a new product onto the market before everyone else.
  2. Be easier to do business with - you're small so take advantage of that fact. Your customers can speak to the right people in your firm without hassle. You can make it as smooth and as painless as possible for your customers to order, pay, get their money back, get advice and feel good about dealing with you.
  3. Be flexible - this is where the big guys often struggle and the small firm can win hands down. You have fewer decision making levels, no politics to avoid, and can just make the difference your customers are looking for.
  4. Be seen as an expert - you should carve your niche and exploit it. Work out what you're better at doing than anyone else, and then let everyone know about it as often as possible and in as many ways as you can.
  5. Be open-minded - don't just look inside your own sector for new ways to do things or promote yourself. Try and find new ways of doing things from outside your industry by looking at what's working and what's successful in unrelated sectors, and then try and apply these in your own.
  6. Find opportunities that others don't - spend as much time as possible looking for new business opportunities, get out and network, do joint marketing deals, find strategic partners, and sniff out areas for doing business that bigger companies would never have the time to find.
  7. Be first - innovate all the time and get a reputation for always trying things first in your sector, even if they don't always work - because often enough they will and you'll get noticed for it.
  8. Be caring - make it clear that you care about every aspect of your business - i.e. your quality standards, your customers, your staff, your local community - and again, you'll soon get noticed for this.
  9. Be different - in all aspects of your business, not just your products and prices. Make your marketing, IT, after-sales service, and terms and conditions unique and attractive to your audience.
  10. Be a fanatic - this is your biggest opportunity. Get yourself known for your beliefs, knowledge, madness about your business and sector, and make sure you strut your stuff as often as possible, so that everyone knows about you and what you and your business stand for.

If possible, incorporate and act upon as many of these things as possible in your business, go out of your way to apply them every day, and make sure they form the backbone of your USP and marketing strategy.

Weekly business tips

Marketing

Improve your search ranking

Do you believe, as many small business owners do, that submitting your website to thousands of search engines will magically send floods of new traffic in your direction?

It's a myth.

Businesses selling bulk search engine submission services want you to believe this, as that's what makes them money. But the truth is that most of the search engines they submit your site to simply gather your e-mail address and bombard you with spam. According to search engine marketing resource MarketPosition, if you include your real e-mail address when you submit to a scheme like this, you can expect to receive upwards of 400 junk messages within 24 hours.

There are countless search engines hanging around in cyberspace these days, but more than 95% of search traffic comes from the top 20. You need to maximise your potential to get a high ranking on these select few engines in order to gain any noteworthy level of visibility.

One of the most effective ways to improve your ranking is to purchase a pre- owned, expired domain name. These are often available at low prices, and have tons of other benefits, including the following:

  1. They might still receive a lot of traffic if they've only just expired - this traffic will now be directed to you, without you having to lift a finger.
  2. If you buy a domain name that's highly relevant to your business, it might still have active links to it from other sites - these will direct the sort of traffic that will be interested in your business right to your door.
  3. The expired domain name might be a better fit for your business than the one you opted for when you set up your website, or it might be full of relevant keywords that will shoot it to the top of web search results.

Check out some of the following services - mostly free or very cheap - to find out more about buying expired domain names and investigate which ones might be suitable for you: http://www.domainsbot.com
http://www.pool.com
http://active-domain.com/expired-domain/exp.php
http://www.domaincheck.co.uk/expired_domainnames.htm
http://www.directnic.com

For hundreds more tips and tactics for boosting your sales using proven marketing strategies that work no matter what product or service you sell, check out our UK Small Business Marketing Bible

Legal

How user-friendly is your website?

Did you know your website probably sounds rubbish and reads from right to left?

Sure, it might look very nice, but if you run a typical online shop on your site, you may not have given any thought to accessibility under the 1995 Disability Discrimination Act. As a result, people using speech software to read your site and possibly buy things from you could be reading a stream of nonsense. And in October, when Section III of the Act comes into force, your website will need to work so that you are offering an equally good service to the disabled as you do to the non-disabled.

The Act will make it unlawful for providers of goods or services to discriminate against a disabled person in the standard of goods they offer or the terms they are offered under. Businesses with online shops are obviously going to be affected here, but the Act covers websites that simply provide information too, and it applies as much to sole traders as multinational corporations.

So what should you do? Fret not; there's plenty out there to keep you straight.

First and foremost, a careful read of the Stationery Office's Code of Practice (online here: http://www.drc-gb.org/whatwedo/publicationdetails.asp?title=§ion=1&id= 223) should clarify whether or not you're affected. Next, have a look at the W3c's guidelines on site design, which are here: http://www.w3.org/TR/WAI-WEBCONTENT. And finally, don't hesitate to pester your web designer for advice and changes.

Section III will apply from 1 October 2004. As a small business you might get away with doing nothing, but is it worth the risk?

For hundreds more scenarios, frequently asked questions and tips on complying with and understanding the laws that apply to small businesses, check out our new service, the Red Tape BUSTER

IT

The basics of designing your website

A website is a good way of letting people know about your products or services, and it can lead to all sorts of unexpected people finding out about your business. To make your site work for you, though, there are two golden rules:

1) Keep it simple

2) Keep it up to date

Number 1 may seem obvious, but keeping a muzzle on software like Microsoft Front Page or Adobe GoLive can be difficult. These applications are so eager to show off all their latest tricks, java add-ons and flash movies that it's easy to lose sight of what you're trying to do. Which, in the end, boils down to a few basic things like providing your contact details, explaining your services, or letting people buy your products online. Keep your fonts on the leash, avoid huge chunks of text and pictures that take five minutes to download, and concentrate on conveying the important information about your business and making it easy to get around the site.

Number 2 - keeping your site updated - is vital, but it's something so many businesses forget to do. We're in June now, but the number of websites we've come across in the past week still advertising events in 2003 boggles the mind. It gives an awful impression; it says, "Here is a company that doesn't really care". After all, it only takes half an hour to put a snippet of recent news about your business on the front page, check all the links work and update your product pages.

And is there a good guide to website design? Why, naturally. The Web Style Guide ( http://www.webstyleguide.com) is an excellent resource for getting the basics right on your website, and it covers everything from colours to online shops.

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.

Bad English can make an otherwise perfect website, mailshot, promotional brochure or business letter look laughable. Can you identify which of the following phrases is utter nonsense, grammatically speaking?

a) very unique
b) quite unique
c) almost unique
d) most unique

Answer at the end of Bulletin.

Did you know?

The taxman is on the prowl

Business tax is in the spotlight this week for a number of reasons. If you own a company incorporated between 16 April 2003 and 5 April this year, you must return 'Form 42', which declares all your directors' and employees' private share and securities packages, to the Inland Revenue before 7 July. Companies failing to do so risk heavy fines. Husband-and-wife business teams may also get hammered in the weeks to come, following the result of a precedental case that takes place this week. The good old Inland Revenue wants to tax the dividend income received by a non-fee-earning spouse in the same way as the main fee earner's income. We'll keep you updated on the progress of the case.

Useful guidance on the law as applied to husband-and-wife businesses is available here:
http://www.icaew.co.uk/taxfac/index.cfm?AUB= TB2I_64536,MNXI_64536

4G phones for you

If you're still getting used to the idea of third generation (3G) mobile phones and all the weird and wonderful things they can do, then you'll be delighted to learn that 4G broadband phones are now in the pipeline. Researchers have been developing 4G technology since 1998, and have just managed to beat their own record estimate for fast transmission. We won't go into the meaningless techie megabyte-per-second figures, but what this means is that when these phones are rolled out - expected around 2010 - the process of uploading and downloading data on the move will be faster and more efficient than ever before.

For more about 4G technology, click on:
http://www.4g.co.uk

'Extremely critical' Internet Explorer flaw ...

IT security firm Secunia has rated two new vulnerabilities within Microsoft's Internet Explorer program as 'extremely critical'. The holes allow total security bypass and enable an attacker to gain complete system access to your computer, even enabling them to install files undetected on your hard disk. Even fully patched machines can't escape this one, and Secunia's urgent advice is to disable the 'active scripting' support function for all but 100% trusted websites.

For full details and advice from Secunia, go to:
http://secunia.com/advisories/11793

... and more worms

Yet another worm has been released that targets vulnerabilities in Microsoft applications. The worm, known as both Plexus and Explet.A, spreads by exploiting machines already made vulnerable by attacks from recent nasties Sasser and Blaster. Anti-virus companies McAfee and Symantec have issued software updates to detect the worm's presence.

Meanwhile, Symantec has upgraded its warning on the threat posed by the W32.Korgo.F worm, which was detected on 1 June. The worm again exploits a Microsoft vulnerability announced and patched back in April, which affects PCs using Windows 2000 and Windows XP.

For Plexus/Explet.A advice and removal instructions, click on:
http://securityresponse.symantec.com/avcenter/venc/data/w32.explet.a@mm.html

For more details on Korgo, as well as manual removal instructions and a free removal tool, go to:
http://securityresponse.symantec.com/avcenter/venc/data/w32.korgo.f.html

Protect your PC for free

If our insight into all these worms has got you squirming, you might be interested in this. RegistryProt is a free, standalone registry monitor and protector that enables you to add another soldier to your IT security garrison. It monitors important locations and keys in the Windows system, and lets you know exactly when anything is added or changed, giving you the option to accept the change or delete it. This is a really useful way to safeguard against stealth intruders - malicious program codes or web pages, for example - accessing your PC and making changes without your knowledge.

For more details about RegistryProt, and a free download, go to:
http://www.diamondcs.com.au/index.php?page=regprot

Worth a visit

Foreign business etiquette

If you sell to customers overseas, through your website or over the phone; have suppliers or networking contacts in foreign countries; or plan to travel yourself to promote your business abroad or attend trade shows, you need an awareness of the business culture in other countries and an understanding of foreign etiquette. This website provides a guide to business culture in over 40 countries, covering addressing others and making appointments, how to dress and giving gifts.

Check out:
http://www.executiveplanet.com

Best of 2004

Get the heads-up on the best IT hardware, software, websites and services by reading this report from PC World. They've just published the latest edition of their World Class Awards, which focuses on the best that the world of technology has to offer. With a Hall of Fame for truly inspirational and innovative products and services, the awards recognise those products, sites and services that display outstanding usability, design, innovation and value.

Read about the best of 2004 at:
http://www.pcworld.com/resource/printable/article/0,aid,116015,00.asp

Find anything, anywhere

Freeality International is a great one-stop shop for trawling the web for just about any kind of information. It includes a directory of search engines, maps and travel directions, and a function for looking up international e-mail addresses, domain names, phone numbers (including mobiles), business names, and much, much more - and best of all, it's totally free.

To try it yourself, go to:
http://www.freeality.com/international_search_engines.htm

Worth a read

If you're just starting out, this book is packed with unique and unusual ideas to inspire you to develop your business. And if you've been running your business for a while, the examples of how other entrepreneurs reinvented their businesses or approached challenges might be just the motivation you need to tackle your own problems from a new perspective. Check out:

Worth a read

How to Make Millions With Your Ideas: an Entrepreneur's Guide, by Dan Kennedy

 

Just one word answer

The answer is a)

To label something 'very unique' is complete nonsense. Unique means one of a kind, unparalleled by any other - adding 'very' is grammatically incorrect and reduces the impact of a powerful sales phrase.


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Good luck

The EnterQuest Team

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.

 


© 2004 Cobweb Information Limited
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