Category Archives: business

Ask a Question, business, Consultancy

Company Law

There is a very interesting, well written post over at http://link4business.info which deals with some of the practicalities of setting up a company.

Questions like: Must all companies have a secretary? Are answered.

Here is an excerpt.

“Yes and No. From 6th April 2008 private companies will not need to have a company secretary but public limited companies still will. Furthermore companies registered before 6th April 2008 will have to change their Articles of Association at an Extraordinary General Meeting of the shareholders to remove the requirement to have a company secretary.

It should be noted that although a director of a company can also be the secretary that only applies if there are more than one director. A sole director cannot also be the secretary.”

I recommend taking a look at the site for more information about forming a company.

business

BlogRush Is Shutting Down, How Wierd Is That?

It is the wierdest message in business I have seen posted on the internet. First Mr Reese goes on about how he has arrived at the decision.

“After careful consideration, we have decided to shutdown the BlogRush service. If you have the widget code on your blog you will need to remove it.”

Then he talks about how he has received offers but none of them held enough integrity for the users. It is admirable but puzzeling.

“We have received several offers & inquiries about acquiring BlogRush, but we are choosing not to go that route. While many might think this is crazy, we truly feel it’s the ‘right’ thing to do for our users. Believe it or not, it’s not always about the money. In fact, BlogRush will have lost a small fortune when it’s all said and done, and it was by choice. There were many things we could have done to monetize the service but we wanted to make sure it was going to benefit our users first.”

What do you make of it?

“Last but not least I want to say that I hope the failure of this service doesn’t in any way discourage other entrepreneurs from coming up with crazy ideas at 4AM (like I did with this one) and from “going for it” to just try and see if something will work. Without trying there can be no success. And as we all know, ideas are worthless without action. The Web wouldn’t be what it is today without entrepreneurs trying all sorts of crazy ideas.”

You can read the whole thing here: http://www.blogrush.com

business, Consultancy, Relationship

Getting Known

The first thing in setting up an office or moving to another place for business is letting people know that you there. You can do this by a number of means. Registering at the Chamber of Commerce, sending out information, attending networking events.

There are also some more interesting and innovative ways. Like writing a blog post about the area and mentioning the names of businesses that appeal to you. Of course in my case Lancaster is really well known for it’s Universtiy where some 15,000 sudents come to study. There are a lot of networking groups and clubs. Most of the clubs tend to use tools provided by Facebook for organising events.

So a little about Lancaster courtsey of Wikipedia. “Lancaster is a city in Lancashire, England. Situated on the River Lune, it has a total resident population of 45,952, and together with a number of other towns, forms part of the wider City of Lancaster local government district, with a population of 133,914.

Long existing as a commercial, cultural and educational centre, Lancaster is the traditional county townof Lancashire, to which it gives its name. Lancaster has several unique ties to the British monarchy; the House of Lancaster was a branch of the English royal family, whilst the Duchy of Lancaster holds large estates on behalf of Queen Elizabeth, who herself is also the Duke of Lancaster.”

Some companies that caught my eye that are based here include, Backbone Solutions McCulloch Accountants Lancaster, Choices Employment Services, Mount Recruitment Ltd, Intec, Gillows. Ubertechs.

business, Generate

Fortune 500 Business Blogging Wiki

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Every wondered where you can get a complete list web 2.0 performing companies. http://www.socialtext.net has put together such a list here

On the other side of coin Business Blog Wire have done 5 Reasons Why Your Business Blog Should Help the Poor

Both give an excellent perspective on business development.

Accenture particular sums up social media very well with this excerpt.

“A weblog is an online, semi-personal journal offering the opinion and commentary of the authors. Our blogs feature thought leadership on a wide range of business issues, with a particular focus on helping companies achieve high performance. Here you’ll also find blogs about emerging technologies and career experiences from select employees. The opinions of the writers do not necessarily reflect the position of Accenture on these subjects.”

business, development, E-Commerce, ideas, money, Relationship

Content Is No Longer King, It Is Who You Know Offline

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I have been thinking for a while how to differentiate ones self from the super competitive internet market. The closely held maxim that content is king deserves to be re-examined.

I have recently been doing a lot of research and study into Law. While it may not be everyone’s cup of tea, the amount of information on the internet relating the subject is more than sufficient. In this academic study where there is little commercial interest and expertise in generating Law content, I found the internet has more than enough sources.

My bet is that if you created a website which is well written and has truly informative content, you may have already missed the boat. This is purely in regards to search engine traffic and becoming an authoritative source on the internet.

Go any to any search engine and type in these words; blogging, How to blog, biz development, I would be very surprised if any blogger came on the first page except possibly A listers, or a blog that has been around for some considerable time.

There is no hard or fast solution here, first it is important to get to the facts.

It is no longer possible with millions of pages being created on the internet for Google to index yours at the top.

We must ask ourselves some questions:

If a tree falls in a forest with no one to hear it, does it make a sound?

My own suggestion is that we possibly have to start moving to a more local applied use of blogging and use of information on the internet.

For example, small offline groups/communities in your particular area brought online by people they know. It is so much more interesting when you have met the person. You may than be able to gauge your audience and ultimately interact much better. So in my case it would a sales/business development that I would find and bring it online. Connecting to local people.

Thoughts?

business, Consultancy, Relationship

Question: How To Present SMO Services

Question: I am planning to present SMO services as a separate service of our company. Can any you tell me ways to market it. It would be a big favour if anyone can reply me in a descriptive manner. I would also like to get the list of major SMO service provider along with some case studies.

Answer:

First you will need to answer some of the questions below, than we can draw up a detailed plan for your company/organisation including listings, cost structure, time line etc.

Questions:
The seize of the company
What is your budget?
Any current Internet SMO policies
Any current use of advertising medium
What do you want to achieve/Goal?

After you have answered these questions just contact me here: leo at wcx dot me

business, Consultancy, E-Commerce, Relationship

The Institute of Directors Recommends Blogging

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The Institute of Directors has just recommend blogging as way of connecting with your customers in an interesting article they explain:

“If you want to compete, you must pursue your customer’s loyalty and pay them attention; they have many options and will move on without a second thought.”

“A blog will also enable you to build relationships with customers. Many will appreciate the chance to ask questions; others will be influenced by the feedback they read and how you respond to it. A positive comment or a problem sorted promptly can establish you as a trustworthy seller.

Sometimes you can turn a negative into a positive – by offering a prompt return for a customer who’s made the wrong choice, for example. But you’ve got to make sure you’re able to deliver what you promise, otherwise it could do you more harm than good.”

The full article can be read here. This is just the sort of thing we have been waiting for at www.Wcx.me