Special Report: Rebuilding Fawcett, cementing HOF's future

Special Report: Rebuilding Fawcett, cementing HOF's future
"This is part of a much grander picture for our piece of economic development in our region," said Stephen Perry, outgoing president and executive director of the Pro Football Hall of Fame. Under the proposed project, the aging concrete and rebar …
Read more on Massillon Independent

Front-end developer, web engineer, sales director and 22 more
The SPN job board is sponsored by Hudl. Hudl is looking for great designers, developers and project managers. Know one? Hit them up: hudl.com/jobs. … To submit a job listing for consideration (free), complete our job board submission form. To feature …
Read more on Silicon Prairie News

News Wrap: Up to 110 million customers affected in Target data breach
The unemployment rate did fall from 7 percent to 6.7 percent, largely because many people gave up looking for a job. Paul Solman will break down the numbers …. In later years, McCain became a research chemist and a sales executive. He was 73 years old.
Read more on PBS

Despite Dem wins, Va. still a two-party battle

Despite Dem wins, Va. still a two-party battle
Terry McAuliffe's inauguration as governor of Virginia on Saturday will highlight a notable Democratic winning streak in one of the nation's most competitive states, but both Democrats and Republicans say the state remains a tossup going forward …
Read more on State Journal

New mayor: Ready for challenges
The mayoral position was created following a change to the city's charter in 2012, when Sanford became a city, rather than a town. The mayor's duties include chairing meetings, setting agendas and making appointments. Cote takes over from Maura Herlihy …
Read more on KeepMEcurrent.com

Fanzlive plans big raise, starts with radio show
But before it hits the fundraising trail, the startup is looking to win $ 19,000 worth of services from Dream Big America, a radio contest that runs monthly and features a handful of startups pitching ideas. The audience then votes for its favorite …
Read more on St. Louis Business Journal (blog)

A New Hampshire Rebellion for Aaron Swartz
… charted their way back from the wilderness with the help of the Democratic Leadership Council (DLC), a political startup founded to incubate ideas that mainstream Democrats could identify with, and to expand the Party's reach in the business …
Read more on Daily Beast

What You Need To Apply For A Venture Capital

Many of us know that we need money to invest in a business. Most of us also know that we have the option to seek for outside investors or venture capitalists. The problem is each one of us has an idea and would like to turn into reality.

But for someone who is not well versed in the streets of business we don’t know how to go about it. When you are applying for a venture capital fund or grant you need a comprehensive business plan.

Applying and convincing investors are no easy feat. They are going invest money in your business so it’s natural that they want to be sure that it will profit them in the long run. Screening can be very tough and competitive. Venture capitalists can reject you because of a million things, and don’t be surprised that some of them may even be trivial.

What you need along with an application

There are five documents that you need to present to the investors along with your application form. These documents will serve as a representation and summary of your company. Your sales pitch may play a role in your overall presentation but the gift of gab is not enough. Investors want to see that you are worth their time and money in print.

First is the executive summary. It contains your business’ investment opportunity. It’s just one page and available for the public. It is made in a way that anyone can read and understand it.

The second is the Investor ready business plan. This is different from the bank ready business plan because it contains the marketing strategy of your business for the investors. This will show the movement of the company along with the investor’s funds and positive returns. In this document investors only want to know two things: how will they earn back their money and their mitigation risk. This document is used to sell your company and presents to the investors your company’s worth.

The pitch: the presentation of your business with charts. This usually takes about 8-10 minutes and 12-15 charts. This is quite the same with a sales pitch.

The fourth document that you are going to need is the Private Placement Memorandum. This document is used to protect the interest of both the investor and your business. If you don’t have this legal document, the investors can sue your business for a refund if you do not produce the results you stated. Investors only read this document if they have decided to invest in your business.

The fifth and the most important document is the operating plan. This is the blue print of your company that serves as the integral part of the business plan. It contains a comprehensive overview of your company. The operating plan contains the organizational charts, production and marketing strategy.

Investors want to know that you have a structured plan as your company grows. It also tells your team what is expected of them as the company progresses. It also contains the changes in your strategy in a competitive market.

Screening of emerging businesses by investors will be quick. In normal circumstances, private equity firms reject a large percent of applicants. In most cases they are only required to approve certain of number of applicants. Make sure that you have a good business plan to back you up and little gift of gab to convince your investors.

Find More Venture Capital Articles

Working from Home – Why you need to get in now!

Working from Home - Why you need to get in now!

http://businessideasfordummies.com/subscribe-to-business-ideas-for-dummies/ What is the working from home formula? Working from home can be one of two things…
Video Rating: 5 / 5

The Great British Banjo Company expands its Shackleton Banjo range to meet customer demand


Norwich, Norfolk, United Kingdom (PRWEB UK) 30 September 2013

British banjo business, The Great British Banjo Company, has expanded the range of models of its Shackleton banjo, to meet the demand from supporters around the world.

The company is funding the development of its British-made banjo, The Shackleton, on the popular crowd funding website Kickstarter.

Originally offering just one version of the banjo, which is the first mass-market banjo to be manufactured in Britain for more than 60 years, the company has received numerous requests for upgraded and alternative versions.

“We were going to start with the basic £300 model, but requests from supporters and enthusiasts around the world have led to us introducing a very special oak rim version, plus a version with built-in pickup, plus accessories such as a British-made leather banjo strap,” explained Simon Middleton, the company’s founder and managing director.

The Shackleton Banjo Kickstarter funding campaign has now passed the 67 per cent milestone.

Pledges totaling more than £20,000 ($ 32,000) have been received towards the target of £30,000 ($ 48,000), which will enable the company to produce its first batch of the British-made banjo.

The Shackleton banjo will be the first volume-production to be manufactured in Britain for more than 60 years.

The instrument is named in honour of Sir Ernest Shackleton, the British explorer who led the Imperial Trans-Antarctic Expedition in 1914.

The banjo belonging to the expedition’s meteorologist played an unexpected but vital role in the journey, after Shackleton’s ship Endurance was crushed by ice and had to be abandoned.

Although each man was only allowed to take two pounds in weight of personal possessions off the ship, Shackleton made an exception for the banjo, famously declaring: “We must have that banjo, it is vital mental medicine.”

It proved a wise decision, because when Shackleton and a small team had to leave 22 men trapped on Elephant Island for several months while they set off on an 800-mile voyage in a small open boat to seek for help, the banjo played a vital role in maintaining morale for those left behind.

The marooned men held regular concert parties and wrote songs on the banjo.

“It’s a fantastic story of British pluck and determination,” explained Simon Middleton, managing director of The Great British Banjo Company, “and it has inspired us to undertake our own adventure: to build an affordable banjo in Britain, which has not been done for so many decades.”

“We are thrilled with the response from banjo enthusiasts, as well as from people who just want to support British manufacturing,” Middleton added.

Company Information:

The Great British Banjo Company Limited, which also owns online specialist store Banjos Direct, is based in Norwich, Norfolk, UK.

The company works with local craftsmen as well as instrument manufacturers in other parts of Britain.

The business was founded by brand adviser, business author and musician Simon Middleton and has grown rapidly to become the UK’s best known banjo specialist retailer and manufacturer.

In 2012, the company launched the Islander Ash Leaf banjo, hand-made for the company in England by Malcolm McLeod, which has received glowing reviews from professional players in the UK and the USA.

The Great British Banjo Company is a private limited company, owned and managed by a small group of family and friends in Norwich, Norfolk, UK.

For further information, visit: http://www.thegreatbritishbanjocompany.com/.







With Coin, Your Credit Cards Could Someday Be Obsolete

With Coin, Your Credit Cards Could Someday Be Obsolete
The pre-orders were meant to give the business some crowdsourced funding so that Coin can be released by the summer of 2014. If you wait until then, it'll cost you $ 100. What is Coin? The purpose of Coin is to free up space in your wallet or pockets by …
Read more on NerdWallet (blog)

Why it?s important to have an Integrated Marketing Plan for your business.

 

Why do companies struggle month by month trying to boost sales? Why is it so difficult to generate leads nowadays?

 

Many entrepreneurs start their business with great ideas, but once the business is set up, one essential element they’re missing is the question of how? How to market in this economy , how to generate leads, how to communicate value of their services/products to customers?

 

Businesses owners are often oblivious to the importance of an integrated marketing plan , or either lack the skills and tools to strategically lay out a well constructed marketing plan for the coming year themselves.

3 reasons why you must have an integrated marketing plan:

1. Understanding your customers.

A business’s success ultimately lies in the satisfaction of your customers. In order to serve your customers to their best liking, it’s essential to obtain detailed consumer insights to develop strategies that can adjust your services/products in a way most suitable to your customers. 

2. Precise data analysis.

Before making major decisions, possessing detailed and accurate data about your industry, competitors and consumers for a thorough analysis will diminishes the risk of acting upon a decision that may result in negatively impacting the business.

3. Developing an effective communication strategy.

After gathering all pertinent data regarding your target audience, you can now use this information to accurately generate a communication strategy that will effectively deliver your communication objective to the targeted audience.

 An integrated marketing plan is not something you can come up with overnight. It’s a long process that requires a lot of brainstorming, market research and analysis, a strong understanding of your company in which you can build a brand from, and the use of marketing tools and processes to effectively implement your plan into the market.

As it may be easy for larger companies to hire a marketing team, the costs of hiring and training the staff may already be too expensive for a smaller business to afford. An excellent solution would be to hire an outsourced marketing firm that has the vital skills and tools required to manage marketing for your business.

 All in all, no matter how big or small your business may be, an essential element to a business’s success is to create a marketing plan; to gain a strong understanding of the market and your target audience, creating a communication strategy that will make your business stand out from the crowd. 

 

Jollia Fung 

BBA Student, Marketing Specialist 

Related Integrated Marketing Communications Plan Articles

How to Self-Publish or Create an Audiobook

How to Self-Publish or Create an Audiobook
In order to get started with ACX you have to look around for narrators that you want to do business with and make them an offer. Do you … If you have a good sound card, you may want to consider buying a Firewire Mixing board, because the standard USB …
Read more on Good E-Reader (blog)

The Fight is On
But as it wrapped up its business for the year, it left unfinished a major piece of domestic policy — the farm bill — making it likely that Congress will not deal with it until January. Republicans and Democrats hope the budget pact… will act as a …
Read more on ABC News (blog)

Abdulaziz Alhargan "Venture Capital: è tempo di ripensare il sistema in chiave digital"

Abbiamo intervistato Abdulaziz Alhargan membro della Kauffman Society su Venture Capital e mondo digital.
Video Rating: 0 / 5

Health Insurance Plans for Restaurant Workers

The restaurant industry employs millions of Americans. These workers are more likely than most to be uninsured. There are several reasons for this.

First, many waiters, waitresses, hostesses, etc. earn minimum wage or less. It is difficult enough for employees earning $ 7 or $ 8 an hour to afford health insurance. A lot of states have a separate minimum server’s wage that is slightly over $ 2 an hour. The remainder is expected to be covered through tips. While some working in upscale establishments receive high gratuities that sum up to far more than the minimum, the average server at a casual chain restaurant often suffers from a series of slow nights.

Most restaurants–like many small businesses–do not offer health coverage to their employees, due to the high cost and low margins.As a result, up to six million employees are uninsured at any given time. Some employees may be eligible for Medicaid due to their low pay (and healthcare reform will loosen those requirements), but the significant population of undocumented immigrants are not.

Fortunately, a high percentage of employees in this industry are young and relatively healthy. They are therefore an attractive population for health insurers; they become part of a larger risk pool that helps cover the older and sicker population. Their premiums can also be relatively low.

Restaurants in Pennsylvania are taking this advice to heart, establishing the Restaurant Health Care Alliance. The National Restaurant Association has partnered with United HealthCare to offer affordable health insurance plans to nearly half a million workers.

The state’s governor, Ed Rendell, is fully supportive of this initiative.

It will provide restaurant owners and employees alike with more coverage options, allowing for continued growth and job creation in the industry. For its part, United HealthCare’s Northeast Region CEO vows to offer tailored Pennsylvania health insurance programs for restaurants.

Yamileth Medina is an up and coming expert on Health Insurance and Healthcare Reform. She aims to help people realize that they can find quality health insurance plans right now. Yamileth lives in Miami, FL.

Related Restaurant Business Plan,Blog Articles