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Posts Tagged ‘Small Business Directory’

Find An Accountant That Won’t Lose Your Information

Monday, July 6th, 2009

Downloading software and using desktop programs is quickly becoming a thing of the past. Like the general public, small business owners have also been moving more of their activities online. Whether it’s using online referral software or simply storing client information; what used to sit in a briefcase or on a hard-drive is moving online.

Not only is storing information online very convenient because you can access it anywhere there is an internet connection, but transferring that information is also more secure.

Some professionals are still hesitant about putting information online. Words like “hacker” and “phishing” come to mind. Actually, much of this fear is unfounded and you are more likely to lose, destroy, or have a hard-copy of your information stolen.

There’s a popular story about a well known CPA who had such a disaster. This CPA had high net-worth clients and plenty of them too. One day she had asked an assistant of hers to mail a flash drive to her second office. This flash drive had a lifetime worth of information, not to mention her client’s personal information. When the CPA picked up her package she noticed a hole in the bottom! The mail sorting machine had squeezed the drive out of the package! Both the assistant and the CPA probably wish they had stored the information online.

Of course you need to use some common sense when storing personal information online. Is the place where you’re storing this information professional, secure, and reputable?

You can use Referral Key to safely store and access client and associate contact information. You can check the small business directory to see what other professionals are using the service.

The Fox and the Stork or The Mortgage Broker Referral and the Real Estate Broker Referral

Friday, May 22nd, 2009

We proudly present Fable Fridays. This weekly installment will draw parallels between referral networking and some of society’s most cherished moral tales: Aesop’s Fables.

You could go to expensive seminars and buy up every book on referral marketing, but it doesn’t take a marketing genius to realize that Aesop got it right nearly 3,000 years ago.

See more Fable Fridays

The Fox and the Stork

At one time the Fox and the Stork were on visiting terms and seemed very good friends. So the Fox invited the Stork to dinner, and for a joke put nothing before her but some soup in a very shallow dish. This the Fox could easily lap up, but the Stork could only wet the end of her long bill in it, and left the meal as hungry as when she began.

“I am sorry,” said the Fox, “the soup is not to your liking.”

“Pray do not apologise,” said the Stork. “I hope you will return this visit, and come and dine with me soon.”

So a day was appointed when the Fox should visit the Stork; but when they were seated at table all that was for their dinner was contained in a very long-necked jar with a narrow mouth, in which the fox could not insert his snout, so all he could manage to do was to lick the outside of the jar.

“I will not apologize for dinner,” said the Stork…

One bad turn deserves another.

The Mortgage Broker Referral and the Real Estate Broker Referral

At one time a mortgage broker and the real estate broker met through the small business directory; it seemed like a good opportunity to exchange referrals. So the mortgage broker sent the real estate broker a referral. The real estate broker soon learned that the client needed help within a state for which she was not certified, she could not service the client.

“I am sorry,” said the mortgage broker, “the referral is beyond the scope of your expertise?”

So the day came for the real estate broker to send the mortgage broker a referral; but when the mortgage broker followed up with the client he soon learned that the client was also in a state for which he had no licensing to practice.

“I will not apologize for this referral,” said the real estate broker…

One bad referral begetteth another.

Do Small Business Owners Need SMO (Social Media Optimization) Marketing Consultants?

Monday, April 27th, 2009

The digital age has created a number of creative marketing challenges as well as a flood of service providers eager to establish themselves as experts. SMO (Social Media Optimization), ORM (Online Reputation Management), and SERM (Search Engine Reputation Management) are just a few of the “buzz” services you may have heard of lately.

Just because someone adopts a trendy acronym doesn’t necessarily mean they are right for your small business.

Broken down to its most basic principle, we outsource work to service providers because they have a particular expertise that we do not. We hire an attorney because of their understanding of law, a programmer because their understanding of computer languages, and a Realtor because of their understanding of housing markets. Theoretically, their fees should be proportional to the energy and time it would take to acquire that expertise ourselves.

Conversely, most of us don’t outsource the task of driving to work because we understand that the difficulty of driving does not offset the cost of a chauffeur.

For auxiliary services like SMO (Social Media Optimization) it can be a very difficult decision whether or not to outsource. If you’re paying someone hundreds of dollars just to add your company’s key words to “YouTube” tags then you may want to reconsider.

New media sites like Referral Key, Facebook, LinkedIn and Twitter may seem a bit intimidating when approached as a whole, but you’d be surprised just how short the learning curve is when you delve into the mechanics.

These tools were developed with the lay person in mind, so watching a few tutorials on YouTube will familiarize you with a site’s features, capabilities and limitations. After you understand the mechanics of a new tool, your strategy is just a matter of deciding which features you want to use and how much time you want to spend on each one. Since you know your own business best, you’re in the best position to effectively communicate your brand’s value.

The Golden Rule for Small Business SMO

The goal for the small business owner is to keep a consistent message on every social media platform you engage. Develop a short paragraph explaining the value of your products or services, choose about a dozen keywords that describe your services, and save this file as a master template.

Yes, there are people who will aggrandize their social media services but the fundamental strategies are very simple:

  1. Create a template paragraph that best describes who you are and what you do
  2. Identify keywords that describe your services (i.e. a Realtor may try “Minnesota Realty”, “St. Paul Homes”, “Luxury Condominiums”, “Midwest Real Estate”…)
  3. Paste this information where applicable and tweak it to fit the particular community you’ll be interacting with. Perhaps for your Facebook profile you want to tweak the message to appeal to homeowners, while on your Referral Key profile your goal may be to exchange sales leads; you’ll want to appeal to other service providers such as mortgage brokers.

While there are more complex strategies you can try, communicating a consistent brand message is about 80% of what an SMO specialist is going to do for you.

This isn’t to say that some people aren’t better suited to take advantage of emerging social mediums but this is the question you need to ask, “Is it worth hiring a marketing consultant if I can be almost as effective myself?”

However, if you think you need an SMO specialist, a qualified small business directory is a great place to begin your search.

How to Find a Good Mortgage Broker Lead

Monday, April 20th, 2009

Networking with quality professionals is always important. In this unprecedented housing market the quality of a mortgage broker lead has never been more crucial. Whether you’re looking for a mortgage broker or referring one to a client, trust is incredibly important. Many would say that the recent activities of some lenders would bring into question the trust of many clients and associates alike.

For the last couple of years, low interest rates, aggressive marketing tactics, scant industry oversight and investors who want to put their money into real estate instead of the stock market have contributed to the ideal operating environment for predatory lenders.”

-Jay MacDonald, MSN Money

Choosing a mortgage broker based on a classified ad or a recommendation from someone you don’t know is foolish. At the very least, find a mortgage broker in a qualified business directory and prepare a list of questions you’d like ask.

Optimally, you want to get referred to a mortgage broker by someone who you know and trust. This could be friends, family or another professional, perhaps a real estate agent. It is important to maintain accountability so that you, the mortgage broker, and the person who referred you are all fully vested in the quality of the service and the  referral. This is a “satisfaction guaranteed” referral system.

In many cases, it’s all too easy for a trusting homeowner anxious to leverage a home’s value or lock up a low rate to fall prey to less-than-upfront lenders. Whether you’re a first-time buyer or looking to refinance your home, you need to find the right person.