Posts Tagged ‘Human Interest’

By Small Business Expert Roger Pierce, BizLaunch

December is here and it’s time to plan your strategy to build client relationships during the holiday season. Since most small business owners don’t have huge budgets to throw extravagant parties, consider these tips to please your best customers and prospects:

  • Thank you lunch. Remember that most people are busy in December attending evening functions, so take your best customers out for lunch. Your clients will appreciate such quality one-to-one time with you.
  • Greeting cards. Although nothing new, a holiday card says you’re thinking about your client or prospect and usually stays on their desk for a couple of weeks. Create a list and mail non-denominational cards to your prospects, taking the time to personalize each message. 
  • Simple phone call. Pick up the phone and wish your clients and prospects the best of the holiday season in person. Try not to talk about business, other than to thank them for working with or considering yours.
  • Send a small gift. It’s the little touches that make your business stand out from your competition. Assemble a small gift basket with an assortment of coffee, cheese, fruit, chocolates or cookies and drop it off to your best clients or prospects.

You can learn more about this and other how-to topics in a free STAPLES BizLaunch Webinar. To find one near you, please visit http://www.staples.ca/bizlaunch today. 

Roger PierceROGER PIERCE is passionate about helping entrepreneurs achieve success. Co-founder of Canada’s largest small business training company, BizLaunch.ca, he’s launched eleven small businesses of his own and personally experienced what he calls “the good, the bad and the ugly” sides of entrepreneurship.

BizLaunch advises thousands of Canadian startups through its popular how-to seminars and webinars delivered with partners such as STAPLES.

By Randy Cooray

Who remembers the Seinfield episode where Elaine told Jerry not to take his business to a mom-and-pop pizza shop because of their support of a controversial cause? It was later determined that Elaine’s boyfriend and the character affectionately known as ‘Poppy’ agreed with the stance, which resulted in a myriad of hi-jinx during the episode.

The show itself may have been a barrel of laughs – and one can only guess if the pizza place survived despite its position – but  it does bring up the crucial element of corporate social responsibility (CSR).

Whether a company is big or small, developing a relationship with a charity is an  important component of a company’s day-to-day operation. Whether institutions try to combat terminal illness, local poverty, or  other  causes – companies do have a recognizable stake throughout the public in one form or another.

There are hundreds of company-sponsored initiatives or events, and getting similar acknowledgment for a small business can be a challenge. However, the advantages for companies big and small are the same – community involvement  and simply  helping those around you.

It makes sense to  participate in a cause that you’re passionate about. By appealing to the public about a personal cause, it can unite you with the community and bring more positive recognition to your company.

Any company can make a difference, no matter the size!

Marisa's Wedding Shower 07-12-09 432Randy Cooray has been on both sides of the media spectrum working in the Public Relations field after five years in Journalism. From one-on-one interviews with professional athletes, to collaborating on breaking news stories. Randy is now a part of the corporate communications industry.

By Small Business Expert Roger Pierce, BizLaunch

Life as an entrepreneur isn’t all smiles and chuckles. You may find yourself tight on cash, overwhelmed by multiple tasks and downright nervous about your business future. There will be times when you’ll feel frustrated, exhausted or stressed. 

Keeping your spirits up is therefore extremely important. Follow these suggestions to help turn any frowns upside down: 

  • Take a break. The average self-employed person in Canada works 59 hours a week, which may result in “small business burnout.” Discipline yourself to take a breather every few hours and do something unrelated to work. Walk through the park, have coffee with a friend or go to the gym. Believe it or not, the work will still be there when you return.
  • Get a hobby. Entrepreneurs typically have trouble “turning their minds off” when they leave work.  Always thinking about your business will stress you out – and the people you love. Find joy in a new hobby, activity or charity that has nothing to do with your entrepreneurial ambitions.
  • Remember the corporate prison. Part of the fun of being one’s own boss is a chance to set your own schedule, take time off and get paid to do what you love. Bring a smile to your face by recalling those days when someone else called the shots. You’ll quickly remember how great it is to be an entrepreneur.

You can learn more about this and other how-to topics in a free STAPLES BizLaunch Webinar. To find one near you, please visit http://www.staples.ca/bizlaunch today.

 

Roger PierceROGER PIERCE is passionate about helping entrepreneurs achieve success. Co-founder of Canada’s largest small business training company, BizLaunch.ca, he’s launched eleven small businesses of his own and personally experienced what he calls “the good, the bad and the ugly” sides of entrepreneurship.

BizLaunch advises thousands of Canadian startups through its popular how-to seminars and webinars delivered with partners such as STAPLES.

By Donna Marrin

Tell us about your business and how you started it.

lunch ladyThe Lunch Lady really started by accident. I wasn’t looking to start a food business. I was searching for a job I could create for myself that would accommodate my son’s therapies. “Some sort of lunch business” was just one possible choice on a list of options that included artificial flower arranging and a scrapbook making service. Like many small businesses, I started from home. In 1992,while collecting EI [I was on maternity leave] I applied and was accepted for the “SEA” [Self Employment Assistance] Program, designed to encourage individuals temporarily out of work to start up small businesses that, in turn, would eventually create jobs for at least one other person. It certainly worked out in my case! It is amazing to think that as a result of the support provided by the SEA program, my little idea evolved into a niche industry that today employs hundreds of people, not only in Lunch Lady kitchens, but in those of our competitors as well. It’s all good!

What was your early vision for your business and how has it changed over time?

Over time, a business goes through many stages and your goals must evolve and change to reflect where you are on the business cycle. I am learning that it does not matter so much WHAT you are selling as what type of business model you are using to sell your product or service. One thing I know for sure is that you cannot stand still. You are either growing or you are shrinking. That nice, comfortable, stable spot that we are all seeking is fleeting and elusive, just like happiness. My initial goal was to keep busy, make a little income and take my son to speech therapy. IT was totally personal and I was able to meet these goals and for this, I am forever grateful. When I made a decision to investigate franchising, my relationship with my business changed completely. I joined with a partner. I was now creating an opportunity for potential franchisees to operate my concept so my goals were centered on building and expanding the Brand. In 2001, when we began to franchise, the goal was simply to sell a franchise. The more we grew, the more I realized we could grow our business and do the RIGHT thing by offering food choices to support healthier food environments at school. This became and still is a key selling feature of the Lunch Lady Brand. Now, after several years of phenomenal growth, our goals have continued to evolve to meet the needs of our growing business. However, for me, life has come full circle. The child whose disability was the catalyst for the Lunch Lady Brand is in his last year of high school. What will happen next year? What are his options?

What are the options for him and many of his peers after Special Ed finishes at age 21?

Many, like Brendan, will not be able to lead independent lives, but this does not mean that they have nothing to offer in the work force. What can the Lunch Lady do to create an opportunity for him? Creating this opportunity for him is my next goal. I have learned a whole lot about business over the past 17 years, a lot of it the hard way, through trial and error.

What has your biggest learning curve been in terms of building your business?

My decision to franchise the original concept was an extension of my belief that “money works best when everyone has some.” I liked the idea of franchising without really understanding the practical reality of it. Running the Lunch Lady Group as a franchise system is not at all like operating the original concept. Being good at one does not prepare you for the other. So this whole experience has been a huge learning curve for me. I have had to learn to identify and accept my own limitations and learn to delegate to others. I have been very fortunate to find excellent partners with skills I am lacking, and to be supported by a dedicated team, who have The Lunch Lady’s best interests at heart.

Describe a day in the life…

When you are an entrepreneur, I am not sure if there is a typical work day or work week. You just do what needs to be done. Your schedule is determined by the number of open items sitting on your desk or floating around inside your head. I have no real quitting time, but I try to organize everything that goes on around the needs of my family and other interests… and the laundry. I am probably actively engaged in my business approximately 70 hours per week, but the reality is that unless you make time to meditate to clear your mind, your business is always on your mind.

How do you find balance between your business life and your home life?

I started the Lunch Lady so I could have a business that worked around my family’s schedule, particularly my son’s therapies. As the first Lunch Lady Franchisee, this worked pretty well. However, as a franchisor, I work year round. So finding time is now challenging and a bit of a struggle. I often need to be reminded to stop working. The boys are now grown but still need my time. My husband and I try to go out regularly for dinner to stay caught up with each other and my Blackberry is supposed to be turned off, but I have been known to linger rather long in the ladies’ room sending emails and checking for messages. Good thing my husband is so tolerant! I am lucky to have a small circle of terrific friends, some of whom I’ve known for over 50 years. We don’t see each other a lot but when we get together, it always seems comfortable. When I have free time just for me, I love to read, listen to book tapes, dance, watch movies, travel, do Suduko puzzles. Mysteries and histories are my “fav” reads and I enjoy listening to people and being inspired by their stories. After years of shunning the kitchen, I now enjoy being there.

Do you have a favourite business tool or resource?

My favourite business tool is my Blackberry because it allows me to be mobile and connected at the same time. My favourite resource is MEDITATION. I believe that often, we are our own worst enemies and that learning to control our own thoughts is crucial to success. I also believe that it is essential to surround yourself with positive people and seek out the advice and guidance of other entrepreneurs and organizations. My own association with the Canadian Franchise Association, for example, has been a fantastic resource for the Lunch Lady. On a personal note, I have been privileged to have spent time with Mac Voisin, founder of M&M Meat Shops, whose advice and encouragement has gotten me through many rough patches when I lost my confidence.

What is the key to your success?

The biggest key to one’s success is believing that one IS a success. A business requires time, patience, and perseverance to develop and grow but most of all, a business needs an owner who believes that success is not only possible but inevitable and is committed to realizing that outcome. I believe that success needs to be appreciated in a more global sense than just a financial one. If you sacrifice your personal values to achieve your business objectives, are you really going to feel that you are a successful person? Here are some things to consider at the end of the day: Does your business directly or indirectly make a positive difference in the lives of others? Do you feel genuine and able to express your own personality? Are you thoughtful by remembering that it’s the little kindnesses that count? Do you measure your words, since once they are out of your mouth, they are public property? Do you take responsibility for your successes and your failures? Do you remember to say thank you? Do you make time for quiet reflection? Do you feel a sense of purpose? Do you make time for family and friends?

What is the one piece of advice you would like to give to others thinking about starting a business?

I have three and here they are:

1. A successful business is created when the germ of a good idea is paired with the patience and perseverance to “work” that idea and see it through. Don’t throw in the towel at the first sign of trouble. It may take several years to become an “overnight” success.

2. Misery loves company and so does success. Surround yourself with positive people who are excited about their own potential.

3. A true entrepreneur is often driven more by passion for an idea than by profitability. Many wonderful business ideas fail or are taken to market by others because no one is managing the details necessary to make the idea viable. Find the skills you need to make your dream a success.

 

ruthie burdABOUT RUTHIE BURD Who knew that a chance idea would turn into a distinctly Canadian solution to the absence of cafeterias in elementary schools? All concepts have their humble beginnings, including the Lunch Lady. The business Ruthie Burd founded in 1993 has evolved into a nationally recognized alternative to the home-packed lunch, contributes to a healthier food environment for school kids, has created careers for others [both competitors and her own franchisees], jobs for employees, and generates hundreds of thousands of ‘Hassle-Free” fundraising dollars annually for the schools she serves. So how did a middle-aged Mom raised in Oshawa, Ontario, with a history degree and virtually no food service experience become the Lunch Lady? Necessity, as they say, is the mother of invention. And so it was when Ruthie Burd found herself contemplating her career options in the early 1990s. She needed to balance her own desire to work with the demands of her young family, including the special needs of her middle son, profoundly affected by autism. Her goal was to work in the morning, taking her children to work if necessary and spend afternoons at therapies and appointments. After reading about a company that delivered sandwiches to office workers, Burd decided she could borrow from the concept to start a business delivering ready-made lunches to parents of school children. There was a challenge. She did not really know how to cook. After the early death of her mom, neither she nor her dad developed an aptitude in the kitchen. They ate out of cans instead. Her Dad, a GM employee and United Church lay minister gave her advice while the daily ration of tinned beef stew was heating on the stove. The “not cooking” was seen more as inconvenience than a deterrent to future success. What she was not prepared for was the reality that no parent or school wanted her service. So in the interim, to pay the rent, she started making lunches for auto shops, doctors’ offices, and seniors. Finally, after nearly two years, one school offered to do a trial run. When all the menus came back, there was only one order. The idea did eventually catch on and today, many schools consider some form of a catered lunch alternative for their students. The Lunch Lady evolved from its humble beginnings in 1993 into the thriving business that it is today. In 1999, the Lunch Lady Group was formed with chartered accountant, Jim Essex, to franchise the concept. Ten years later, a third partner, Stan Newman, former president of Colour Your World, joined the Lunch Lady to head Corporate Development. Today, the Lunch Lady’s founder, Ruthie Burd, is now a good cook, an energetic advocate for healthier school food for kids, the winner of numerous business awards, an active supporter of the Canadian Franchise Association, a dedicated volunteer, the subject and author of various articles, a TV guest, a sympathetic ear for busy parents and an optimistic mom who perseveres daily to create the life she wants for herself, her family and the other members of her growing brand. To learn more, visit http://www.thelunchlady.ca/about

By Donna Marrin

Tell us about your business and why you started it.

When we were pregnant with our first child, my husband and I knew that we wanted to use cloth diapers, but finding the right information was really duowrapmeadow250difficult. We found that there weren’t many retailers that carried a wide range of products, so we ended up buying from different stores. If you weren’t determined to use cloth, it was easy to be discouraged. We thought we could do better than that, helping guide new parents and providing the most helpful service possible.

Before you took the plunge, did you have any doubts, and if so, how did you overcome them?

elem_thumbOf course! As stock started showing up, I really had to wonder how I was going to sell it all. The important thing was to have faith in our business idea and stay focused on doing everything we could to move forward instead of worrying. There were a few nail-biting weeks between when we launched and when we took our first order. But the orders haven’t stopped since.

What was your early vision for your business and how has it changed over time?

coveralls-smWe just wanted to make buying cloth diapers a pleasure rather than a chore. There are so many things to do before a baby is born — we wanted this to be one of the fun things.
 
What has your biggest learning curve been in terms of building your business?

Being a designer/programmer team, my husband and I knew that creating the online store would be the easy part. The business side was a little out of our comfort zone, but I learned as I went along, and it’s getting easier all the time.
 
Describe a day in the life…

I alternate between playing with my daughter, taking calls, cooking, answering email and packing boxes. I’ve learned how to plan my time a lot more effectively so that moments that might have been wasted are now spent doing important things. At night, it’s time to check on stock, work on the website or make orders. And every once in a while, I find a little time for myself.
  
How do you find balance between your business and home life?

It’s so hard to turn off when you run your own small business, but I preserve some family time each day. If you let your guard down, it’s too easy for work to invade every aspect of your life, so you need to work at keeping that separation.

Do you have a favorite business tool or resource?

Google Analytics has been one of our best tools. It helps us understand who is coming to our website, how, and what they’re looking for.

What is the key to your success?

It’s all about providing a great experience, from when the customer first interacts with you to supporting them after a sale. You have to think of every way a customer experiences your brand, and ensure that each touch point is positive.
 
What advice would you like to share with others thinking about starting a business?

Take a moment to consider the worst that could happen if your business didn’t succeed. If you can live with that possibility, go for it!

 

tanya galanteTanya Galante is a wife and mother of one child, and lives in Toronto Canada.  She holds an honors degree in mathematics from the University of Waterloo and has worked in the software and telecom industries. In 2009, Tanya opened Caterpillar Baby, an online cloth diaper store, to help families find environmentally responsible, healthy and economical diapering options for their children. When Tanya isn’t busy helping customers or packing boxes, you can find her playing with her incredibly active two-year-old daughter, gardening or cooking. You can learn more here.

By Thien Ly

Power of Attorney: Putting the right person in charge

Thien Ly

Thien Ly

People often arrange their financial affairs for retirement and death, but seldom consider administrative requirements, should they become temporarily or permanently incapacitated. By appointing an attorney, you allow someone you trust to manage your property (e.g. home) and/or your personal care (e.g. medical treatment) if you become unable to act, due to illness or disability. By not appointing an attorney in advance, the government may appoint a public trustee to manage your financial and personal affairs. Is this the best person to assume such a  responsibility?

Although there are some provincial variations, generally an attorney should:

• Act with honesty and integrity and in good faith, for your benefit.
• Choose the least restrictive, least intrusive and most appropriate course of action available.
• Encourage you to participate, to the best of your abilities, in decisions about your property and personal care.
• Foster regular personal contact between you and those family members/friends who support you.
• Consult from time to time with supportive family and friends and with those providing your personal care.
• Follow the instructions and wishes you made when you were capable.

When selecting an attorney for your property and/or personal care

Think about the person you choose:

• Does he/she know you well enough to make property and/or personal decisions on your behalf?

• Do you trust this person to accept responsibility and follow your instructions and wishes, even if he/she may disagree with what you want?

You may feel more comfortable discussing your choice with your family, lawyer or physician; and it’s important to review your choice annually.

Talk to the person you choose:

• Ask that person if he/she is willing to be your attorney.

• Inform them of their responsibilities.

• Discuss your reasons for selecting an attorney.

• Discuss your instructions and how you want them carried out.
Many provinces have made or are in the process of making changes to regulations regarding an attorney. Your lawyer or legal advisor can assist you in the preparation of your power of attorney.

Don’t leave your future to chance.

“What to do now” is the name of a booklet prepared by Sun Life Financial to help individuals settle the estate of a deceased relative or friend, or to manage the estate of someone who becomes ill or incompetent. The booklet provides useful information on who to see, what organizations to contact and where to go for help. There’s sample space in the back of the booklet to catalogue key information about an estate. Knowing the location of all important documents and the numbers of all accounts, certificates and policies, keeps delays and confusion to a minimum. This booklet should be stored in a safe place where it is readily available to your executor or attorney when needed. We suggest that you advise your executor and attorney on the whereabouts of this booklet (or some other written summary of key information regarding your estate) or provide them with a copy. If you need a copy of this Booklet you can contact me at (416) 992-5109 or thien.ly@Sunlife.Com.

About Thien Ly, EPC, RHU

Since early 2002, upon graduating from Business Accounting and Finance, Thien has been contracted as an independent Advisor at Sun Life Financial. He is dedicated to helping families, business owners and companies achieve their lifetime financial goals by providing clear financial advice in accordance to their individual needs. There’s nothing more rewarding to him than working with people who appreciate his guidance in achieving their financial goals. He holds a Life & Health Insurance Licence, Investment Funds Licence, Elder Planning Counselling Designation and Registered Health Underwriter Designation. He is currently working toward additional financial designations. Thien has been a member of the Million Dollar Round Table, which is represented with the top 1% of financial professionals worldwide. Thien also raises funds for the Kidney Foundation. You can contact Thien through www.sunlife.ca/thien.ly or call 416-992-5109.

By Donna Marrin

Tell us about your business and how you started it.

Terry O'Reilly

Terry O'Reilly

Pirate is a creative post-audio production company. Essentially, we create the sound and music for TV and radio commercials. We create all sound effects, write the music, and direct all the voiceovers for both mediums. Pirate has eight sound directors in Toronto, and another four in New York. Pirate is also unusual in that we have a creative department, so we write and create ideas from the ground up for clients as well. I co-founded Pirate in 1990. Pirate is the company I could not find back then. I was a copywriter for ad agencies for about ten years, and when I needed a radio script or the sound done for a TV spot, I always found myself fighting with the directors. Instead of directors enhancing my work, they were always trying to change or alter it. What I really wanted to find was an audio company that directed from a writer’s point-of-view. So that was the genesis of Pirate – a creative audio production company that worshipped and protected ideas.

In the beginning, did you have any doubts, and if so, how did you overcome them?

You always worry a bit when you launch a company. And our company had no real precedent in Canada. I never worried that ad agencies wouldn’t be interested in working with us; I mostly worried about running the “business of the business”–in other words, the day-to-day accounts payable/accounts receivable/line-of-credit part of running of a business, which was brand new to me. Thankfully, my co-founding partner was good at that. We were a good team back then. He had the business chops, I had the creative ones. Today, I have equally savvy business partners in Tom Eymundson, Chris Tait and Tom Goudie.

What was your early vision for your business, and how has it changed over time?

It was to be a “radio only” company, initially. But over time, we found ourselves doing as much TV as radio. So we became a radio and television sound company. And today, we do more TV than radio. As well, we never had any ambitions to expand past Toronto, but now we have four recording studios in Manhattan.

What has your biggest learning curve been in terms of building your business?

For me, learning the “business of the business,” as I mentioned above. And, as we grew, learning how to manage people. It was easy in the early days, when there were just six of us. But as we passed the twenty employees mark, then thirty, then forty, the demand for people management grew. A company’s culture is its biggest asset, and that means finding the smartest people per square foot. It gets more and more challenging as a company grows, because the culture strains with each person added.

Describe a day in the life…

The best part of my job is that it’s different every day. But as a rule, I will have one or two meetings with clients in the morning, then have a couple of conference calls. Next, I’ll have a recording session from noon till 5:pm. Then I’ll jump back to my desk to answer emails and phone calls. I have a two-hour commute, so I’ll listen to actor auditions for upcoming jobs while I drive. I also write and research my Age of Persuasion CBC radio show in stolen moments—mostly nights and weekends. And I do a lot of thinking about the show in the car. I record the show every Thursday. On Tuesday mornings, I have a meeting with my three partners to discuss and update the business of our Toronto and New York Pirate offices.

How do you find balance between your business life and your home life?

Very important question. Nobody is truly successful unless your family and your business are both cared for. I am extremely busy. Pirate is more than a full-time job and so is the Age of Persuasion. And I just co-wrote a book, and I’m writing another one. I have a lot of speaking dates throughout the year across the country and I’m working on a screenplay with a good friend of mine. With that said, my family is the most important thing to me. Spending time with my wife, Debbie, and my three daughters is a top priority for me. We’re a close family and we like to spend a lot of time together. You can’t be successful unless your spouse is 100% with you. Debbie is beyond incredible. She used to work in the advertising business, so she understands the pressures and demands. Our daughters are the joy of my life—so smart, so funny—they teach me a lot. This business can make you a bad dad/husband before you know it, because it’s so demanding and unforgiving, but I have to say, Debbie deserves a lot of credit for making sure that didn’t happen. She is our family’s Rock of Gibraltar.

Do you have a favorite business tool or resource?

I have to say I love Twitter. It is the best resource for sharing information I have seen to date. I am constantly reading Tweets and downloading incredible information and research, both for my business and for my radio show. Can’t say enough about it.

What is the key to your success?

Going above and beyond the call of duty. Plain and simple. Under-promise and over-deliver. It’s my motto. I am in Las Vegas as I write this, judging an award show. Vegas constantly reminds me of that thing America does so well—service. A big, bright smile and a “what can I do for you?” attitude that couldn’t be more helpful, prompt and efficient. I think Canadian businesses need to re-learn that lesson; that the highest level of service will attract the largest amount of customers.

What is the one piece of advice you would like to give to others thinking about starting a business?

Decide what type of business you want to be—a small one or a big one. A small shop can be wonderfully liberating and nimble, but has limitations. A big shop has unlimited opportunities, but you have to constantly feed the beast. It’s not a question anyone really asks, but it’s one everyone should contemplate.

 

pirate_homeTERRY O’REILLY began his career as a copywriter for some of Canada’s top creative ad agencies. In 1990, he co-founded audio production company Pirate Radio & Television, which now has eight recording studios in Toronto and New York City. Terry has won a few hundred awards from around the world for writing and directing. Marketing Magazine chose him as one of Canada’s “Most Influential” marketing people, and he was also named Canadian judge for the inaugural year of Radio at the 2005 Cannes Advertising Festival in France, Radio Jury Chairman of the International Clio Awards in Miami, and Radio Jury President for the London International Advertising Awards. When he’s not creating advertising, he’s talking about it as host of the award-winning CBC radio series, “The Age of Persuasion.” He co-wrote a best-selling book based on the radio series, published in Canada by Knopf and in the U.S. by Counterpoint Press. The advertising industry has given Terry the Les Usherwood Lifetime Achievement Award and the Fritz Spiess Lifetime Achievement Award for Television. He has a wonderful wife and three lovely daughters. Who like some of his work.

P.S. Read a review of Terry’s book, “Age of Persuasion” here.

THE AGE OF PERSUASION: How Marketing Ate Our Culture, by Terry O’Reilly and Mike Tennant

You’d have to be living in a cave to not realize that “advertising has insinuated itself into virtually every aspect of twenty-first century life” (to quote a line from The Age of Persuasion). Even in that cave, I bet there are some who took the time to brand themselves: Tom Thumb was here; Joanie Loves Chachi… you get the idea. The fact is, on any given day, at least 300 and as many as 6,000 marketing messages are lobbed your way.

Terry O’Reilly and Mike Tennant, the ad men behind The Age of Persuasion, a radio show that airs on CBC and Sirius Radio, wrote this book to provide a back-room view of the advertising industry. As an entrepreneur, you might wonder what you’d stand to gain from reading about this topic. It’s not as if you have the kind of budget that Mr. Reilly and Mr. Tennant are accustomed to, right? It’s important to note, though, that your message will always be competing with the big boys, even in your local newspaper. And, if your message is competing with up to 6,000 other messages, yours had better stand out! 

This book gives you a sneak peek into the inner workings of the ad industry. It will also inspire you to think outside the box when it comes to marketing and advertising your business—even when that advertising consists of a simple message on a business card. 

When this writer was taking her advertising courses at college, there was a big-name muffler shop whose tagline started with, “Nobody beats…” This small, mom-and-pop garage, based in a small town that I can’t remember now, based ALL their advertising on, “We’re the nobody that beats…” It was smart, humorous, and certainly left a lasting impression. 

Sure, this book may seem like it’s written for those in the business, but it offers much more than that. It takes you through the history and inner workings of the advertising business in a charming, story-telling style. Many business books read like textbooks and are a chore to get through—but if reading is an outlet for you, you’ll find that this entertaining book makes you think! 

“It’s a must-read for everyone living in this Age of Persuasion,” as written by Doug Checkeris, chief executive officer of MediaCom North America. 

TERRY O’REILLY has been promoting the Power of Radio for many years now. He has a long history in the ad business as a copywriter and director, has won several prestigious awards, including three advertising industry lifetime achievement awards. He co-founded the audio production company Pirate, based in New York and Toronto. 

MIKE TENNANT is the co-creator and writer for the CBC’s radio series, the Age of Persuasion, and often runs workshops on creative communication. He has written several award-winning campaigns for clients throughout North America.

If you’re a regular visitor to the STAPLES How’s Business? blog, you’ve likely read a variety of posts including lists of hints and tips to help you run your small business more successfully.

In today’s post, we’re going to offer you another exhaustive list, this time on business ethics. Here it is:

1. Do the right thing.

That’s it.

Well, you might be asking yourself, I know what doing the right thing means in my personal life – be honest, show compassion, show generosity, do no harm – but what does it mean in business?

It means exactly the same.

Doing the right thing or doing business ethically isn’t just a good idea because it’ll make you feel good – which it will. It’s actually better for your business in the long run because a company that’s run ethically and that treats everyone with respect is one that employees and customers feel inordinately loyal toward.

Business ethics, of course, isn’t a one-way street. Making your employees more ethical can positively benefit your company’s bottom line.

Behavioral economist and author of Predictably Irrational  Dan Ariely has conducted exhaustive research on why people cheat and has drawn some fascinating conclusions on human nature and ethics in business.

One simple way he’s discovered to make people more ethical is to have them sign an honour code before they begin a task – something you might want to consider instituting in your dealings both with customers and employees. Ariely explains at 4:24 in the video below how this honour code works and the cost savings one company experienced.

 

 

Finally, Paul Spiegelman  breaks down business ethics this way:

  • Live the values: Make sure your core values are not just a plaque on a wall, but the essence of how the company operates.
  • Make employees come clean: If an employee does something to violate the core values of the company, hold them accountable. Others are watching your example.
  • Communicate purpose and vision: If your employees understand the mission and vision of the company, and their purpose for making the world a better place, your risk of people getting off track is diminished.

 Why do you think some businesses stray from ethical behaviour and what can be done about it?

What’s in a name? Well, sometimes a lot. For instance, would Barry Alan Pinkus’s songs have made women swoon in the 70s if he hadn’t changed his name to Barry Manilow? And one wonders whether John Wayne could have ever gained the reputation he did with his birth name: Marion Morrison.

Choosing the right name for your business, just as those stars did for theirs, is an important exercise that shouldn’t be taken lightly.

If you can’t spend tens of thousands of dollars to hire a branding agency – and if you’re a small business, you probably can’t – Susan Ward at About.com  suggests you assemble a group of family, friends and colleagues to help you brainstorm a few possibilities. You can start with these questions and considerations:

1. Is the name memorable but easy to spell? You’ll want customers to be able to find you in the phone book or on Google. Says Ward: “choosing a business name such as ‘Crychalwellyn’ is a bad idea. Unique is good but difficult spellings are not.”

2. Does it call up an image in your head? “Generally, we are hard-wired to ‘see’ images when we read or hear language and incorporating a visual element into your business name can be a powerful aid.” Think of how suggestive ‘Twitter’ is of what the service provides.

3. Does it have a positive connotation? NameLab’s Ira Bachrach says even if a name is made up, like ‘Acura,’ it should bring to mind a positive image: “Although it has no dictionary definition, [Acura] actually suggests precision engineering [because the word segment ‘acu’] means ‘precise’ in many languages.”

4. Does it include information about what your business does? If the name you choose doesn’t automatically suggest what the business does – say, like the name ‘Bakeria’ might – it’s a good idea to incorporate a descriptor in the name like, for instance, ‘Smith’s Landscaping.’ Even Apple, which is now a globally recognized brand name, was until recently ‘Apple Computer.’

5. Is it short? Partly an extension of #1, you want your name to be memorable. Practically speaking, you also want it to be able to fit on a business card, on a sign, in an ad and – if it’s still available – as a URL.

Whale meat kabobs? Think carefully about how your business name might be interpreted

Whale meat kabobs? Think carefully about how your business name might be interpreted

Keep in mind, however, that as with all focus group/decision by committee type situations, the final decision ought to rest with you. You’ll need to be able to live with your enterprise’s new name. Make sure it’s something you’re proud of.