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Your EnterQuest Bulletin - 31 August 2004

Thought for the week: "I'm a great believer in luck, and I find the harder I work the more I have of it." Thomas Jefferson

In this week's issue:

  • do you appreciate your customers?
  • navigating the maze of allowable expenses
  • keeping the data thieves at bay
  • protecting your online content

Marketing tip

Do you appreciate your customers?

What do you do when a customer buys something from you?

You say "Thank You", right? And you mean it - of course you do, every sale is important. But how is that thank you any different from the thank you the customer got the first time they rang you, visited you, or generally made an enquiry to you? And more importantly, how does YOUR thank you differ from the ones uttered by your competitors, all of whom will thank each and every one of their customers too?

We're always telling you how important it is that you set yourself apart from your competitors. Well, one way you can really achieve this is by going an extra mile for your customers. When someone actually makes a purchase from your business, either for the first time or for the fiftieth time, they're making a statement that they value your product or service so much that they have chosen to spend money on it over all of its competitors. Surely that's worth more than a simple thank you?

Buying and dispatching a small gift for your customers - cinema tickets, maybe, or a bottle of wine - may sound expensive, impractical, even far-fetched. But when you imagine the effect it could have on word-of-mouth referrals, the expense begins to fall into perspective. If you're a new small business with only a handful of customers, it might work out cheaper and more effective to reward them than to run a weekly ad in your local paper.

Genuine, heartfelt thank yous don't need to involve spending a shedload of money. A simple phone call, a note in the post ... these are cheap and cheerful options that would be easy to implement, but you'd be surprised how few businesses actually make the effort to use them.

More ideas on ways to thrill your customers can be found in the UK Small Business Marketing Bible, which also contains hundreds of tips and tactics for boosting your sales using proven marketing strategies that work no matter what product or service you sell.

Legal tip

Navigating the maze of allowable expenses

Calculating your allowable expenses for the purposes of a tax return is a journey into the - how to say it - more eccentric ways of Her Majesty's Inland Revenue. So self-employed taxpayers and sole operators tackling the "calculating profits" section of the self-assessment form can be excused for scratching their heads at times. We've put together a few signposts to help you through what might seem like a maze.

  • The guiding principle is that purchases made 'wholly and exclusively for the purpose of the trade' can be deducted from your profits for tax purposes. Hence heating and lighting your business premises, stationery, postage and the like are deductible. Under most circumstances though, home office workers won't be able to claim for their normal utility bills.
  • Travel, say in order to meet clients, is deductible. By car, you calculate the amount at 40p per mile up to 10,000 miles during a year, and 25p per mile where your travelling takes you further. Tickets for public transport can also be deducted, and - with perhaps a nod to green values - you can even claim mileage on your pushbike.
  • Business calls using your landline are deductible, but if like many home-workers you use the phone for personal calls or Internet surfing, the line rental becomes a personal expense and must be included. Your PC and other business machinery are also deductible, as are training and research, where they're solely work-related.

Still confused? If you're filling in your self-assessment, you might want to browse the notes at http://www.inlandrevenue.gov.uk/pdfs/2003_04/self_employment/ir222.pdf.

The UK Red Tape BUSTER also has guidance on self-assessment and hundreds more scenarios, frequently asked questions and tips on complying with and understanding the laws that apply to small businesses.

IT tip

Keeping the thieves at bay

We've written quite a lot about viruses and worms recently, but securing your computer from other dangers is also a good idea. A computer is still the single biggest purchase many start ups make, so if someone steals it or the data you have on it you could be facing big problems.

The latest scare is data theft. Of course, this has been possible since the invention of the floppy disk, but with a flash card or one of the other portable memory gadgets around these days it's possible to copy really big files in no time.

  • So it makes sense to password-protect your files. This means using a really effective password: with the right software, an intruder will crack "london" in five minutes, but use a combination of numbers and cases like "7sLond0N" and you'll have them working for hours or even days.
  • Passwording your files will deter most thieves, but it won't keep somebody really determined out. Setting a BIOS password will make your computer more secure, particularly if it's a laptop. To do this, press the DEL key while your computer is booting up. Instead of entering Windows, it should respond with a menu - including password management - where you can adjust your basic settings. If it doesn't, check your computer manufacturer's manual to find out which key will interrupt the start up process.
  • What else can you do to protect your computer? Well, all the traditional methods can help. Writing your postcode on it using an ultraviolet pen will allow the police to return it if it's ever recovered, and you can attach a lock to both laptops and PCs. But before disaster strikes, make sure your business doesn't suffer too much by insuring all your IT kit against loss and theft.

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 the difference between 'prescribe' and 'proscribe'? Which of the two following meanings apply to which word?

a. to ban, forbid or exclude
b. to order, direct or recommend

Answer at the end of Bulletin.

Did you know?

20-minute attack warning

The SANS Institute believes computers that haven't been patched against viruses or protected with firewalls will come under attack within 20 minutes of connecting to the Internet. This alarming warning is particularly true if you've got a high-speed broadband connection. SANS keeps a free guide for home users and small businesses, offering tips on keeping a Windows XP computer secure.

The guide is downloadable at:
http://www.sans.org/rr/papers/index.php?id=1298

Come fly with wi-fi

If you have to fly regularly as part of your business activities, you'll know how frustrating it can be to have your communications cut off while in transit. But the radio silence associated with flying might soon be a thing of the past, if a new initiative developed by Boeing and i-Pass "takes off". An airborne wi-fi service is now being offered to wireless connection firm i-Pass's corporate clients, which will enable them to log into their laptops, send and receive e-mails and surf the Net while in flight. Although the service is currently a limited, private deal, it may mark a turning point in air travel communications technology by opening up the possibility of planes having a broadband pipe in their cockpits.

You can read more about this at:
http://www.technologyreview.com/articles/04/08/wo_hellweg082704.asp

What a picture

We're all getting to be search engine experts these days, and if you've been following our regular IT tips you should all be confident enough to carry out a basic web search using Google. But did you know that Google also has an image search function specially designed for users who simply want to find a picture? Copyright must be respected, but Google gives you advice on how you can buy the rights to use whichever pictures you find.

You can play around with Google's Image Search at http://www.google.com/imghp?hl=en&tab=wi&ie=UTF-8, or go to http://www.clipart.com or http://www.photosecrets.com/links.stock.html for some sources of royalty-free photos and graphics that you're free to download and use for yourself.

Worth a visit

The future is instant

We keep hearing that instant messaging is the new e-mail in business communication terms. It's fast and doesn't have the problems that have been associated with e-mail spam filters blocking the good messages as well as the bad and the ugly. A great resource for instant messaging related products and services can be found at this site, which contains articles, information and newsgroups related to online messaging.

Check it out at:
http://www.messaging-software.net

Protect your content for free

If, like us, you publish a lot of content on your website, you may suffer from the uneasy feeling that your copyright might not always be honoured. This clever site allows you to search for copies of your content being used on the web. It will identify sites that have copied your content without permission, and will also show you who is quoting your site. Simply type in the URL of your original content, and Copyscape will do the rest. It's powered by Google, currently being tested in beta format, and it's totally free. Also available are links to relevant external sites giving advice about online copyright infringement.

Get all the details at:
http://www.copyscape.com

Read all about it

Here you can find a complete listing of business journals and magazines (as well as lots of consumer mags and other types of publication). When you click on an individual title, you can read articles from the latest edition, as well as sometimes being able to access back issues that have been archived. It's a great research resource, and you just might discover a new media contact for your business sector in the process.

To see for yourself, click on:
http://www.findarticles.com/p/articles/tn_bus

Worth a read

This is a hilarious compilation of more than 100 true stories chronicling just some of the problems, misfortunes and downright catastrophes that run-ins between humans and technology can create. While it's a highly entertaining read for anyone who's ever been exasperated by maddening computer messages like "Error! File not found", the book also serves to remind us that we really don't know it all when it comes to technology, no matter how confident we might feel! Check out:

Worth a read

Dear Valued Customer, You Are a Loser, by Rick Broadhead

Just one word answer

Prescribe means to order, direct or recommend, while to proscribe is to forbid, exclude or ban.

Uploading firewalls and virus patches are among the things prescribed to ensure computer security.

Many businesses proscribe the personal use of e-mail by employees.


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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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