May
2
business knowledge


For years, Robert Cefail has been making businesses successful, and has been a leader in the marketing community for years. So What is the secret to success on the internet?

Obviously, many consultants always answer that question with one answer–”it depends”.

Lets try to be a little more specific with some real world hands on business advice.

One of the most important pieces of advice is this: It’s not what YOU think is good, its what YOUR CUSTOMERS think is good. Many entrepreneurs think they have a “big idea”, but the problem is no one really WANTS it. But with a little bit of surveys done, the product tweaked a little

bit, it will work just fine.

How do you sort out what works from the thousands of things that don’t?There are hundreds of articles, websites, and books. Searching for all

of the available material to find what works for your business is challenging. Mr. Cefail has used his considerable marketing experience and business knowledge into the creation of a full service, online marketing and research for that can help medium and large businesses, both

domestic and international.

If you are looking for online marketing and business advice for your company getting advice from experienced professional is essential.

Robert Cefail is one such professional, along with his various business interests and ventures which cover a wide variety of areas, he offers

practical advice in his web blog on how to market your business successfully online and use the business tools of the web to boost sales and keep your company alive on the web. There are an amazing number of tools available that can keep your website attracting visitors and keep your

business’s online presence alive, Robert Cefail uses his years of experience in marketing and sales to show you how these tools can be

effectively used to increase sales and effectively market your site online.Advice reviews, and pieces of wisdom can help you sift through the hundreds of possibilities to find the ones that are right for you, your business, and the image you want to have online.



Written by Anthony Amerson. Find more business advice at the Robert Cefail Business Advice Blog or more info on Robert
Cefail
.

0
May
2
business development


Even though existing clients are a prime source for new matters and referrals, by no means should you neglect your prospecting for new clients. The key to expanding your client base is to think in terms of specific industries – health care or biotech, for example – rather than narrow practice areas.



In other words, market what you want, not what you do – which means establishing Industry Practice Groups within your firm.


Identify which industries you wish to target

Consider first your existing relationships within a particular industry, as well as your firm’s current expertise, then research the profitability and the sophistication of the legal work required. Look at projected growth of the industry in your geographic areas, and consider what competing firms have done.

Appoint strong and committed group leaders

This is a critical decision that should not be based solely on seniority or your current book of business. Industry Practice Group chairs have to be capable and effective marketers, willing to lead by example, are respected within the firm, and, above all, are passionately committed to the Industry Practice Group model.

Determine group members

It’s a good idea to let your attorneys select the group or groups themselves. Some attorneys might want to participate in more than one group, and that’s okay. But they should declare a primary affiliation with one group, not three or four.

Develop a Practice Group profile

Get the ball rolling by having the Group chair prepare a written profile that sets forth basic information about the Group, including current clients, referral sources, key trade organizations, etc. The profile serves as a starting point for discussions and as a roadmap for ongoing business development for the Group.

Hold the Group’s first meeting

We suggest lunch meetings that last 60-90 minutes. Have an agenda and relevant handouts, track attendance, and distribute meeting notes within a few days after the meeting.

Meet monthly to discuss business development

For best results, Industry Practice Groups should hold monthly meetings that focus exclusively on business development. Lunchtime seems to work best for many firms.

Develop Industry Practice Group descriptions

Keep them short and easy to read…no more than 500 words. Avoid legal jargon and tortuous syntax. Include brief case studies that demonstrate the firm’s industry expertise. These descriptions can also serve as springboards for marketing materials for the Group.

Develop a Group Marketing Plan

Keep it simple and focused. Use the techniques discussed in Chapter 1.. For prospecting new clients, consider getting involved in industry trade organizations and seminars, and providing industry-focused law alerts and related communications.

Develop Individual Attorney marketing plans

This is the chance for Group members to set forth their contributions to the Group’s plan, as well as their other marketing and business development activities. The latter includes enhancing relationships with existing clients and referral sources, and getting involved in key industry trade groups.

As the individual plans generate results, New Client Welcome Kits start a relationship on the right note. Include a letter from the managing partner, Industry Practice Group contact list, firm brochure, practice group description, and a client service pledge.  

While you’re at it, ask a new client the method (phone, email) and frequency of communications they prefer, then deliver updates and progress reports accordingly.  Invite new clients to visit your offices. Introduce them to the lawyers, paralegals, support staff, etc., who comprise the Practice Group.

Provide adequate resources

As we discussed in the section on planning, most law firms spend 2-3% of gross revenue on marketing and business development. We encourage you to make it 3-4%. Most of these dollars should be invested in programs that enhance relationships with existing clients and referral sources.

Measure and reward desired behavior (even when it’s not billable!)

Enlightened firms are finding ways to measure and reward non-billable contributions, including business development. Start by measuring non-billable time invested in meaningful activities. Consider establishing a bonus pool to recognize these contributions.

Look for meaningful results in 12-24 months

Results will not come overnight. It takes time to build relationships and see the results of an effective marketing program. Look for a payback in 12-24 months. If your firm develops and implements an effective industry group-oriented marketing program, you’ll see great results for years to come.



Drawing on over twenty years’ experience in branding and positioning, Paula Black has advised law firms around the globe on everything from powerful and innovative design to marketing strategy and business growth. She is the award-winning author of “The Little Black Book on Law Firm Branding & Positioning,” “The Little Black Book on Law Firm Marketing and Business Development,” and “The Little Black Book: A Lawyer’s Guide To Creating A Marketing Habit in 21 Days,” as well as founder and President of Miami-based Paula Black & Associates. For more information visit http://www.paulablacklegalmarketing.com

0
May
2
business ethics


The study of business ethics and its implications for different stakeholders have seen tremendous growth in the past few decades. There has also been a rise in the use and development of codes of ethics and announcements for ethical practices by many firms; however companies are still criticized for their unethical practices at different levels (Papers4you.com, 2006). Business ethics, according to the literature has been entrenched with the philosophical details of Ethics (Trevino & Nelson, 1999). Ethics has been defined as ‘the activity of examining the moral standards of a society, and asking how these standards apply to ones life and whether these standards are reasonable’ (Velasquez, 1998; p. 11).

The literature on business ethics is divided on its views about the motivation and reason for businesses to have an ethical dimension. Drawing upon Harrison (2001), there are two major schools of thoughts, firstly those who suggest that firms are profit generating institutions and therefore business ethics is yet another way to attract customers, secondly those who support corporate conscience and intrinsic motivation for the adoption of business ethics.

Business ethics has been considered very subjective in nature and according to Paul (2001) is considered a function of time and culture. It has been established that with the passage of time business ethics have evolved and also that the cultural values and norms drive business ethics within national and regional boundaries. Hofstede (1983) has conducted one of the major studies regarding the national values. According to this research, which was only based on four indicators i.e. individualism, power distance, uncertainty avoidance and masculinity, there is a great deal of differences among values across different nations and consequently the business ethics. Globalization combined with standardization has made businesses financially efficient but at the same time poses questions regarding the standardized codes of business ethics across national boundaries.

Vinten (1991) has divided the business ethical issues at different levels i.e. international business, domestic business and professional ethics. At the international level ethical issues include freemasonry and socialism versus capitalism; at domestic level these include religious dimensions, social marketing and ethical education; and lastly at the individual level these include bribery, corruption and data protection

There are many reasons and criticisms for the failure of adoption of ethics in the business world. Firstly, the concept is considered to be overly theoretical and it also negates the basic purpose of any business i.e. to create shareholder’s wealth. Secondly, it has lack of direction and unanimity across different cultures and academic groups. Lastly, it has many inherent unresolved dichotomies that according to Sternberg (1994) make it a case of rejected relativism.Did you find this article useful?  For more useful tips and   hints, points to ponder and keep in mind, techniques, and insights pertaining to Internet Business, do please browse for more information at our websites.

http://www.adsence-dollar-factory.com                                     

http://www.100earningtips.com



Alfahad Khan , Mumbai

0
May
2
car insurance quotes


With gas prices being the way they have people all over the country have started to get creative with their finances and the costs associated with auto travel.

Prices vary from company to company, so it pays to shop around. Get at least four to five price quotes. You will find that there are several websites out there that can save you the time from doing this the slow and hard way as they will often get you quotes from up to a dozen companies all at once. You can call companies directly or access information on the Internet. Your state insurance department may also provide comparisons of prices charged by major insurers. And no, companies like Progressive that claim they will compare other companies, but they are an insurance company, so they are not to be trusted. They only have one interest, and that is to promote their own business.

Bigger is not always better. There are several low cost automobile insurance companies offering competitive rates in relation to the big names out there. This makes it possible to save a bundle on this expense. Many people seem to ignore this cost and tend to accept the burden of expensive insurance even when monthly payments almost match a car payment. In one case, I lowered my car insurance rates by about 50% when I found a good local company (I had switched from a really big name company).

One of the best ways to get cheap car insurance is simply to use a service that forces insurance agents and brokers to compete against one another. At the end of this article is one example of such a site. As soon as you finish your online quote request, multiple agents will contact you. But it is important to NOT sign up with any one of them immediately-Instead, let them know that you are awaiting calls from other local insurance providers. After 5 or so of these people have contacted you, you should have a good idea of what sort of range you might expect to pay.

Then, if you really want to get the cheapest car insurance possible, simply tell the agents that you are ready to buy within the next 24 hours with whichever company offers you the lowest insurance rates. This really puts the fire under them, and is sure to create the most optimal pricing for you. Of course, be sure to carry through on your promise.

If it makes sense, you may want to consider getting a bundle package. Basically, see what it might cost to insure not only your car, but also your home, property, health and life insurance. This can save a person around 10% – 30% depending on the company you go with; and it does make paying your bills easier as well.

Oh, and one more tip, remember that the more info you provide upfront, the more accurate your quotes will be, and the more likely the insurance companies will be responsive to your inquiry. This is especially true when filling out a quote from multiple companies.



Here is one such website where you can get cheap car insurance quotes.

0