Direct Mail Advertising


ByLanee’ Blunt
Write a product marketing letter--
GlennPeb

Directmail advertising is a common form of advertising. They are used by multimilliondollar corporations and by small businesses. Direct mail is effective ingetting more leads, selling products, and getting your sales team into thedoor. Marketing letters are effective in getting sales leads and can help youmarket your service with direct mail.   Directmail can be used instead of cold calling and when you call the prospect theywill expect to hear from you.

Reachesa Target Market
Yourdirect mail can be targeted toward a group of people and written just for thatgroup to interest them in your product or service. Examine carefully yourproduct or service and make a list of the features and benefits. “Direct mailis the only mass medium that can be directed toward target groups or prospects.The message may be highly personalized and can also be designed as an effectivemarket research tool,” according to B. Charles Ames and James D. Hlavacek, intheir book, Managerial Marketing for Industrial Firms, Random House,

Test
An advantageof using a sales letter is that it can be tested to see how well it will do. Testyour sales letter before you invest your time and your money in a direct mailprogram.  You have to know if the letterwill pull a response.  You can use asmall sample of one hundred letters, mail them and test your response.  If the letter is not strong enough and youreceive no response then you must revise your letter.

Reference:
B. CharlesAmes and James D. Hlavacek; Managerial Marketing for Industrial Firms, RandomHouse





How to Open an Estate Sale Business


By Lanee’ Blunt

Starting an estate salebusiness can be lucrative if you love to deal with antiques and organizingthings. An estate sales facilitator is called in when a loved one has died orif the family has to put someone in a nursing home. The family may not want todeal with the cleaning up and organizing of the loved ones items and gettingthe items sold so that the home can be sold.

You must set up yourbusiness as a legal entity. Decide which form of ownership is best for yourparticular business: sole proprietorship, partnership, Limited LiabilityCompany (LLC), corporation, or S corporation. You can operate your business under your own name or get a fictitiousname DBA and operate as a sole proprietorship. Get bonded because most familieswon’t work with you if you are not bonded. Obtain insurance to protect yourselfif you accidentally damage property or if you get hurt while on the job.

Hire employees. You may haveto work for families that have not cleaned up. And you may need to hire someoneon days when you have a lot of organizing to do for the big sale.  

Advertise your estate salebusiness. Market your business by passing out fliers. You can put up signsannouncing the sale. Put an ad in the newspaper.

The estate sale business isa good business and is almost recession proof. There will always be someonethat will need your service for their love one. If you are not great atappraising antiques you can always outsource and have a professional appraisethe antiques. Develop relationships with realtors and ask if they can recommendyou to their clients.

Reference:

Entrepreneurship: Starting aLow Start up Cost Business; Rae Morvay





Restaurant Business Plan


By Lanee’ Blunt

A lender will require thatyou have a restaurant business plan so start writing it before you approach them.Having a business plan helps you to focus on things that you want to do and toget your ideas down on paper. You will be showing the bank that you are clearand you have a plan to get your restaurant open and running. Although, there areno formulas for writing one, but there are some elements that are consistentthroughout all business plans.

Executive Summary
Write an overview of yourbasic idea of the restaurant. What is the name, and where is it located.Explain why you are best for the restaurant. What previous experience are youbringing to the restaurant?

Company Description
Write the company descriptionor the business analysis. Write your mission statement. Write about the localcompetition, and the population base. How many hours and days are you going tobe open?
Marketing
What are some of the methodsthat you are going to use to get customers? How are you going to promote the restaurant?

Personnel
Tell investors about theteam and how many employees are you going to hire. Write about your managementteam. Who is going to be the general manager? What experience and education does he or she have? Who is going to bethe chef and the experience that he or she has? What is your role in therestaurant? Are you going to be the manager or the head cook?

Finance Section
The finance section of thebusiness plan should include a profit and loss statement that projects how muchyou are going to spend vs. how much to intend to make. Company incomestatements, balance sheets and other financial ratios, such as a break-evenanalysis, or a cost estimate that explains the estimated cost of the building,equipment needed, cost of installation of equipment, vehicles needed fortransportation. You may require help from your accountant or a good spreadsheetsoftware program.

Reference: