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If you’re going to start a small business as new beginner then, you’ve to read this whole video description for understanding many important things before starting your own business.
No doubt, already you’ve watched this full video and also, subscribed this channel, But, have you think one question! which business idea is best for your passion!
Before choosing any business, you need to identify your passion. If you don’t find your passion then, these all top 20 small business ideas for beginners are worth less.
There are many filed you can choose for starting a small business as beginner. Agriculture, import & export, technology, arts & crafts, Internet, Traveling and many more field are evergreen in present market. If you’re still confused then, comment your question. I’ll give you answer.
Well, I’ve some questions which might be cleared from your side.
1. What is your level of preparedness? Are you skilled in your business?
2. How much capital do you have? Do you have specific amount of money to run your small business?
3. Do you know about who is on your team?
4. Also, have you rectifed about how strong is your business plan?
5. What business idea and skills do you’ve in mind?
Be cleared with these all 5 questions before selecting any business idea from these Top 20 Best Small Business Ideas for Beginners. Also, do subscribe our channel.
A Glassdoor survey reports that small businesses that take the time to invest in a good candidate screening process improve the quality of their hires by 70 percent. Small Business Trends spoke with Leah Machadothe senior director of HR services at Paychex about the 5 background checks small business should perform on any new hire.
According to Machado, small businesses need to refine their hiring processes like never before.
“As the labor market has tightened and unemployment has gone down over the past several months, hiring has become a challenge for businesses of every size,” she says. “There are simply not enough qualified employees for the number of open positions.
She says that following background checks save businesses time, streamline and simplify complex activities, and allow these enterprises to compete against bigger companies for talent. She also notes the ones that work the best have a few layers.
“Employment screenings happen in a couple of phases and much of the difference has to do with compliance,” Machado says.
Types of Background Checks
Pre-offer screenings offer a first look and kind of higher level overview. These include:
This is one of the biggest foundations of the background screening process. Reference checks give small businesses a good idea of who they are considering since past performance often dictates future expectations.
Red flags include a reference the candidate asks you not to contact. Most states have laws governing what can and can’t be disclosed but job performance is on the table in many.
Machado says these checks serve an important social purpose.
“For industries like healthcare, education and childcare, home care, and fields that take on so much responsibility with vulnerable populations, these background checks can – and should – be stringent,” she says.
Work and Education Verification
Business owners want to be sure the information provided is truthful here, but they also need to be aware of the law. Small businesses need to be familiar with the Fair Credit Reporting Act (FCRA) and other laws at the local, state or federal level that are designed to protect candidates.
The FCRA has a number of requirements including getting a signed consent from the candidate.
As far as education verification, contacting an Admissions and Records Office is a common route. Social media audits can also be included.
Pre-employment screenings drill down deeper into a candidate’s information.
There are a variety of circumstances where these are mandatory. They include past arrests as well as warrants and even pending charges. Medical organizations and government agencies as well as any business that handles lots of money will ask for one of these.
A criminal record check can also include identifying marks like tattoos.
Driver’s License Verification
If you’re a small business with employees that will be delivering or driving on business, verifying their driver’s license is valid is important. There’s a simple way to do just that– E-verify is a government agency that uses two part authentication.
Timing and sequence is everything when it comes to a complete background check.
“Employers can make an offer contingent on passing a drug test,” Machado says. “However, they can’t issue a request for that drug test until a conditional offer is actually made.”
Here’s an updated list of the labs that work specifically with drug testing that will be able to help you out.
Photo via Shutterstock
This article, “5 Types of Background Checks You Should Perform on Any Prospective New Hire” was first published on Small Business Trends
As marketers, we’re looking for more reach, more leads, more conversions.
Watching the steady decline of organic Facebook reach and the steady increase of Facebook ads costs has been a major challenge for Facebook marketers in 2018.
But there’s a way to regain reach and engagement with Facebook users. With less than 1% of business using this channel to connect with customers, it’s the best-kept secret and competitive advantage in digital marketing today.
If you want to grow your audience, drive traffic and conversions and deliver a better user experience, add Facebook Messenger automation to your Facebook marketing mix.
Benefits of Facebook Messenger Chatbots
Here are seven reasons why the best marketers are using Facebook Messenger chatbots.
The Facebook algorithm update radically reduced organic Facebook post reach to an average 1-2% of fans.
Content delivered in Facebook Messenger gets record-levels of engagement and visibility.
According to data from Facebook Messenger marketing platform MobileMonkey (my company), average open rate of Facebook Messenger messages is 50-80% and the average click rate is 20%.
Facebook Ads that send to a Messenger chatbot get 4x-50x better ROAs.
Mobile-friendly ads convert about 3x to 5x times more than desktop ads. Most Facebook Messenger users are on mobile.
The ability to show ads through Facebook Messenger is a boon for businesses vying to gain more visibility with potential customers.
Facebook Messenger ads not only raise awareness of your brand, but also create a customer record in your Facebook Messenger marketing platform that becomes a direct line for personalized communication.
You could use Facebook ads to drive anonymous traffic to your website. This is the traditional way.
Or you could get a prospects name, location and way to send follow-up messaging with click-to-Messenger ads.
You can mass message Facebook Messenger contacts.
As with email marketing, blasting out messages to your contacts is a good way to increase brand awareness.
However, chat blasting has been found to be more effective as chat messages have a much higher open rate (remember, up to 80%!) than email messages, organic social posts, and even paid search ads.
On Facebook Messenger, you can even chat blast specific audiences.
You can collect information from your users, then create custom definitions based on that information to segment your audience based on what they prefer or do, and then you can selectively market to them to increase your potential conversion rate.
Facebook Messenger chatbots grow your contact list.
Facebook Messenger gets extremely high open rates of 80%.
With those messages come responses, and with those responses comes a healthy, growing contact list.
You can also grow your contacts and leads as your number of conversations rise, thanks to your 24/7 chatbot availability.
It’s not just the fact that you’re chatbot will have more conversations that will grow your contacts.
It’s also automations like Facebook Messenger marketing platform MobileMonkey’s Facebook post autoresponder.
When you set up a Facebook post autoresponder, your chatbot will message everyone who comments on your Facebook page post.
That added level of engagement is how you can turn commenters into actual leads.
Chatbots seamlessly automate Q&As.
You can build a conversational chatbot for Facebook Messenger marketing with question-and-answer triggers.
Q&A triggers let you configure a chat experience based on keywords and common queries.
The chatbot answers questions and handle requests.
For example, let’s say you have a webinar coming up.
You can set up a Facebook Messenger chatbot to handle webinar sign-ups, wherein the chatbot triggers will lead users to where they can sign up.
A live operator can take over the chat at any time.
Chatbots allow you to scale your customer service.
With a chatbot, customers can get answers to basic queries 24/7 neither wait times nor expensive human operator staffing required.
However — if there’s a question that’s too complicated for the chatbot to properly respond to, a live operator is able to jump into the conversation to address that concern.
It’s the best of all worlds. Personalized customer service and communications with automations that scale and grow.
Facebook Messenger chatbots can be built and launched without coding chops.
Facebook Messenger marketing platforms like my software company MobileMonkey have given marketers a coding-free solution for creating chatbots.
There’s no need to wait for a developer to code anything — you can just create chatbot lead funnels for your Facebook page with drag and drop ease and a visual chatbot builder.
Republished by permission. Original here.
Photo via Shutterstock
This article, “7 Reasons Chatbots Are a Unicorn Hack in Your Facebook Marketing Strategy” was first published on Small Business Trends
With a score of 69.7, the MetLife & U.S. Chamber of Commerce Small Business Index (SBI) for Q3 of 2018 achieved the highest level in the history of the survey.
MetLife and U.S. Chamber of Commerce: Q3 2018 Small Business Index
The high level of optimism in the economy is in part also responsible for more businesses getting the full amount of financing they applied for. This was the case for more than two thirds or 67% of the applicants. Another 11% only received a partial amount while 15% were rejected.
Right after the financial crisis access to capital was a challenge for most small businesses. As the economy kept improving along with some government intervention, more businesses were finding the funding they needed.
Tom Sullivan, U.S. Chamber vice president of small business policy, said Congress has taken steps to make it easier for small businesses to get capital. In the press release, Sullivan said, “We are moving in the right direction, but more policies that ease small businesses’ access to financing need to occur to ensure this vital sector of our economy continues to grow, create jobs, and positively impact communities across the country.”
The SBI was designed to measure the sentiment of small businesses across a range of issues including operations, expectations, and their environment.
The survey for Q3 is an Ipsos poll which was conducted from June 12 – July 27, 2018, via the phone. A sample of 1,000 small business owners and operators from the continental US, Alaska, and Hawaii took part.
The vast majority of companies or 89% are businesses with less than 20 employees, with 61% of those making up firms with fewer than five workers.
Access to Capital
The quarterly spotlight in the survey report was credit. And rightly so because as more credit becomes available small businesses can make the necessary investments to grow.
In the survey, 27% of the respondent said the loans they received will be used to purchase new equipment followed by 20% who will use the funds to expand or upgrade their facilities. Only 11% said the capital was going to be used to keep their businesses afloat.
When it comes to getting capital, businesses which have been around longer had a better chance of getting full funding.
For those with 20 plus years in operation three in four or 75% of them were able to get the full amount. It went down by 11% for businesses with 11 to 20 years at 66% and it was 51% for enterprises with 10 years or less.
Other Findings From the SBI
Nationally, 55% of small business said they felt optimistic about the US economy, which ties the highest rating in the history of the survey. Half of the small business owners said their local environment was good.
As to revenue expectations, it dropped six points to 56%, but only 10% of businesses are planning to lower their investment in the coming year.
This leads to how businesses are operating, and according to the survey 64% are reporting good overall health. Eight out of ten owners said they feel comfortable about their cash flow and one in five businesses have hired more people over the past year.
You can read the rest of the data about the MetLife & U.S. Chamber of Commerce Small Business Index (SBI) for Q3 of 2018 here (PDF).
Images: U.S. Chamber of Commerce
This article, “Two Thirds of Small Businesses Applying for Credit Today Get the Full Amount” was first published on Small Business Trends