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    15f and want to start a small business small business

    smallbusiness: Starting, owning and growing a small business

    15f and want to start a small business small business


    15f and want to start a small business

    Posted: 09 Aug 2019 01:33 AM PDT

    Hi! I want to start a business of making and selling lipgloss. 10th grade is starting on the 26th, and I'm getting more interested in doing it the more I watch YouTube videos about it. Is it worth trying to manage school and business? If so, will it be good to start selling them in school before taking it to the next step? Thanks. (My first post sorry if it's bad)

    submitted by /u/jimothychristmas
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    School wants license my tutorials. How much should I charge?

    Posted: 08 Aug 2019 08:18 PM PDT

    I have created an 65 hour graphic design course (videos) that is very professional and is gaining potential interest. It will normally sell for $190usd (once off payment).

    I have someone wanting to launch a proper college course and has approached me to create resources OR license my content (like a school subscription or similar). I don't want to make tailored resources so prefer licensing options.

    Q - I'm wondering what price range anyone could recommend suggesting?

    I'm not sure how many students they would have, and it doesn't have to be monthly suggestion - it could be price per student or any other arrangement you think works. Thoughts?

    submitted by /u/freelance3d
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    Should I register as an LLC before even getting my first customer

    Posted: 08 Aug 2019 02:01 PM PDT

    I have most of my business planned. I bought the domain name already and have created the logo.

    I want to buy my LLC so I know my named is registered and can give me the peace of mind to continue with creating my uniform, business cards, website, social media presence, etc....

    Is this a good idea or should I go ahead with creating everything before even verifying my company name is ok to use?

    submitted by /u/greenarrow88888
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    Plus size options - Print on Demand?

    Posted: 09 Aug 2019 03:10 AM PDT

    Hello all,

    Can anyone recommend a POD service with good plus sized options?

    I'm exploring the idea of POD as I don't have the cash to print stock, however I'm struggling to find a service that prints on plus sized shirts. It seems odd that most places seem to stop at a UK18 especially since the plus size market is on the rise.

    I run a self care community and I can't help thinking it would come across very inappropriate if I limited stock to mid sizes.

    Many thanks in advance for any and all advice.

    submitted by /u/IamnotJessica
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    Do you agree with this choice to fire an employee?

    Posted: 08 Aug 2019 06:47 AM PDT

    I've been a business owner for two years but recently hired (and fired) my first non-contractor employee. Being my own show I feel like I need a second opinion on this!

    The employee was hired three months ago. She does great work and I've mentioned to her I would eventually like to give her a little equity so that she has a vested interest in helping me grow my business.

    When she started, I really wanted to be the boss that I always wished I had. I let her set her own schedule to some extent, gave her a lot of creative freedom, and always told her when she did great work. I also bought us lunch once a week.

    Recently we started having conflicts over her schedule. I told her that although I can be flexible about what schedule she wants to work, I still need her to set a schedule and stick to it. She's recently been making last minute alterations almost every week and it's just getting inconvenient for me to not be able to plan for when she'll be in the office, when I can expect tasks done,etc. I firmly told her that she needed to decide on a weekly schedule and then stick to it.

    Little did I know that this would turn into a big issue! She told me she couldn't guarantee a weekly schedule. Excuse me, what? I'm letting you pick the schedule and you're still saying you can stick to it? The conversation escalated into me explaining that although I want to be flexible with her schedule, if I tell her that she needs to stick to a schedule, that's that, she needs to do it. She told me that she disagreed and didn't think she needed to do it. She added that she thought of herself as more of a partner. I told her even one day when you have equity, I will still always be your boss. She kind of looked away and looked displeased. I point blank asked, are you not okay with the fact that I am and will always be your boss...? She responded that she needed to think about it. I point blank told her, if you don't see me as your boss that's a major issue. She didn't respond. I said again, if you don't see me as your boss then this isn't going work. Again, she said she needed to think about it. At this point I felt like I had my answer and told her that this would need to be her last day. There was more to the convo but this is the essence of it.

    So, did I make the right call? I see my mistake in giving her too much flexibility and autonomy from the start. It inflated her idea of her position in the business and frankly her value. Did I handle this problem correctly though? If someone says they need to "think about" if they see you as their boss, you fire them, right?

    Edit: to everyone commenting that this happened because the employee is young/a "millennial," I'm a millennial too 🤷🏻‍♀️.

    Edit 2: I'm also a woman, not a man.

    submitted by /u/touchedbyacat
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    Am I being too lenient?

    Posted: 09 Aug 2019 02:58 AM PDT

    I own a moving company and lately I've had two clients inform me after the job was completed that a) to MAIL them the invoice (they moved within two houses in the same small town) and b) that their employer (from 10hrs away) was paying the bill.

    With situation (a) I got payment within 1.5 weeks but with situation (b) I'm still waiting for confirmation with the employer of the client and after confirmation I'll have to wait for a cheque to get mailed to me.. it's been 2 weeks so far.

    I don't collect deposits on moves and I've never had an issues prior but I need to get my crew paid as well as that's my income too. I realize I need to change how I do payment but I'm not sure how. Collect deposits? Charge a late/service/convenience? Fee??

    submitted by /u/ann_e_99
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    How to optimize website conversion rate with dynamic content?

    Posted: 09 Aug 2019 01:36 AM PDT

    Below, there are six most common ways in which dynamic content can be applied on an ecommerce website to boost conversions by building a smoother, more user-friendly and personalized UX.

    • Personalized Product Recommendations. A recent study on personalized product recommendations says that the conversion rate of visitors who clicked on product recommendations was five times higher than the conversion rate of visitors who didn't click.
    • Customized CTAs. For simplifying the buyer's journey, such systems should be extensions of a central CRM which guarantees that visitor data is kept across all channels. Thus, signals coming from each of these channels are gathered and processed at the same time.
    • Dynamic Pop-ups. The main goal of pop-ups is to notify customers about discounts and update or motivate them to log in and leave their reviews. A well-timed discount offer or reminder about products left in an abandoned cart can save a lot of conversions.
    • Dynamic Banners. Dynamic banners don't have any fixed content but update themselves for each customer in real time. Personalized banners are shown on offsite channels, not on the product's original ecommerce website.
    • Dynamic Search Content. With the help of dynamic content, a search function is becoming a 'navigational' and 'conversion' tool that helps users to complete and narrow the scope of their searches, leading them to the products directly. Autocomplete and autocorrect features are the most common example of dynamic search content.
    • Personalized Emails. You should combine dynamic content with email marketing to develop a strategy that will boost conversions. Dynamic content can be used in product promotions, transactional emails, and shopping cart abandonment emails.

    The progress of dynamic content technologies has provided an efficient way to increase conversion and drive online sales.

    submitted by /u/GALYNAGLN
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    [Lesson] What's the worst part about starting a small business?

    Posted: 08 Aug 2019 10:22 PM PDT

    TL;DR: What's the worst part about starting a small business and the lesson learned?

    I love learning and sharing on reddit. So I'll start.

    You have to run really fast in productivity, but results are extremely slow. It takes 3-5 years to even have any modest success. In my biz, I have to make a lot of cold calls to generate leads > sales > revenue > profits. And man, in the beginning I hated cold calls and sucked at it. But I powered through, then I got better, and now I look forward to crushing it.

    I've learned to enjoy being in the mud and playing the long game. 20-years from now, when I look back on these days, this will be my war stories I tell young entrepreneurs who wants to be where I'm at and think a click of a mouse (or whatever it is then) will make them millions. If you don't enjoy crawling through cut glass, walking on fire, swimming with sharks and climbing Mt Everest, then this ain't for you. Because yes, you do have to be a little crazy, to enjoy this journey.

    I'll leave with this story. Last year I bought a baby tree and planted it in the back yard. All year it didn't do anything. I was talking to a friend and they said, that's how the process works. You see, the first few years, the tree grows underground planting strong roots. Then seemingly overnight, when the roots are strong, it starts to sprout tall and provide shade to others.

    Be a strong tree r/smallbusiness!

    Now what's your lesson learned?

    submitted by /u/trustedlegalteam
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    Offers Don't Sell, Relationships Do – The 3 Step Guide To Selling Anything With Facebook Ads

    Posted: 09 Aug 2019 03:45 AM PDT

    I guess you read the first sentence and you're either saying to yourself "lol I've heard this before" or "wtf! Is he crazy?"

    Well, maybe I am but let's go into the details before you judge me.

    You can do all the market research you want, you may know who your target audience is, what they look like, their age, and how they behave because these are statistics you have control over and these make sense, but I'm sorry to tell you that it's Trash in modern day advertising (online ads).

    BUT why are those statistics trash? The answer to this question is simple, no one goes on Facebook because they want to see your ads and buy stuff, no one!

    Do you know most people view ads as spam? And yes a lot of ads are spam because they're rubbish, and total bullsh**

    SHORT RANT – I hope you don't mind do you? I'll still rant even if you do 😛

    Here's the thing, so I was stalking my long-term crush on my facebook news feed last week and an ad about a restaurant in my town popped up, the offer of 40% off my first meal was a really good one but I wasn't interested, why? here's why:

    – I didn't KNOW them

    – I didn't LIKE them

    – I didn't TRUST them

    Yup, their ad text was good, the ad image was good, and the offer was good, but I wasn't interested because they failed to send the right message with the right marketing principles.

    I'll use an example to make you understand.

    do you see someone you like and just kiss them? Nah! Really stupid right? So what do you do?

    – You establish eye contact

    – Setup a date

    – And you build a relationship

    Maybe not the best example but you can't blame me because I'm a social media marketer not a relationship guru.

    Sorry I've been wasting your time with the rant and dating thing so let's talk about why you're reading this post.

    You're here for a reason, and I guess it's either because you've wasted a lot of 💲on ads but no sales or you just want to get better, here's how you should run Facebook ads (any online ad tho) to get sales.

    👉 The "Know, Like, and Trust" Ad

    The first ad you should ever run to sell stuff is the Know, Like, and Trust Ad, this type of ad is what a lot of people call the content ad.

    You should run between 5 – 30 (depends on the price of your product) video adverts.

    The Dos

    – Run ads continuously or for a minimum of 7 days

    – Your video should be built around your brand story, why should the customers choose you? How are you different? How do you produce your products

    – Use the video view or engagement objective

    – Cast a wide net (target broadly)

    The Donts

    – Never spend more than $5 daily

    – Never pause the ad

    – Never tell them to click the link or take an action, just give them funny or educative content about your brand, process, and results.

    👉 The Giveaway Ad

    Your audience likes you now (not all of them tho) and it's time to move the ones that really like you to the 2nd phase.

    You should create a custom audience of the people who watched at least 50% of the videos you tested in the content ad phase.

    Now send a giveaway ad to the p

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