starting your business on a shoe string budget
TRANSCRIPT
Starting Your Starting Your Business On A Business On A
Shoe String Shoe String BudgetBudget
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•In today’s world a In today’s world a
huge part of business huge part of business
success is actually success is actually
down to presenting a down to presenting a
face that presents face that presents
trust and confidence to trust and confidence to
both the market and both the market and
the consumer world.the consumer world.
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•The devil truly is within the details,
and it boils down to corporate
branding, how members of the
company present their selves, their
EDM’s, corporate brochures, ad
campaigns and press releases
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•It is a multi billion It is a multi billion
dollar industry in some dollar industry in some
parts of the world to parts of the world to
build the correct build the correct
perception of a perception of a
company.company.
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•This applies even to those who are This applies even to those who are
just starting out. Being cost just starting out. Being cost
effective is one thing but effective is one thing but
compromising on quality is quite compromising on quality is quite
another.another.
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•Starting out a Starting out a
business from the business from the
cradle of your cradle of your
home is a good home is a good
thing.thing.
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•but stagnating there and using but stagnating there and using
your home address as your primary your home address as your primary
office mailing address could be the office mailing address could be the
wrong step that will lead to a whole wrong step that will lead to a whole
host of problems later on.host of problems later on.
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•The importance of a The importance of a
registered office registered office
address lies in its address lies in its
ability to define the ability to define the
company that is using company that is using
it and gives the it and gives the
persona of persona of
professionalism that professionalism that
every business needevery business need
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•A mailing address that originates A mailing address that originates
from a home address already from a home address already
instils a lack of confidence in the instils a lack of confidence in the
end userend user
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•It is like a very It is like a very
well furbished well furbished
website, detailing website, detailing
all the businesses all the businesses
and backed up by and backed up by
an incredible client an incredible client
basebase
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•only to be tarnished by a only to be tarnished by a
contact list that reads from contact list that reads from
some universal mail provider.some universal mail provider.
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•There is an inherent There is an inherent
drop in levels of trust drop in levels of trust
in the company in the company
straight away and straight away and
confidence is removed confidence is removed
from the equationfrom the equation
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•These are two things that are These are two things that are
extremely important in a extremely important in a
purchasing decision, especially purchasing decision, especially
when you are not there to when you are not there to
personally seal the deal yourself.personally seal the deal yourself.
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•This is about the This is about the
same when it comes to same when it comes to
the registered office the registered office
address, every address, every
business needs to business needs to
present an image of present an image of
professionalism.professionalism.
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•You might have a killer product, You might have a killer product,
you might have great presentation you might have great presentation
skillsskills
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•but all these can be but all these can be
outdone by a outdone by a
shoddy mailing shoddy mailing
address that address that
happens to be in happens to be in
every flyer, every flyer,
brochure and book brochure and book
that you give outthat you give out
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•The bottom line is branding and a The bottom line is branding and a
key component in a successful key component in a successful
brand are the intangibles – trust, brand are the intangibles – trust,
believability, confidence, history.believability, confidence, history.
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•Once you lose that Once you lose that
confidence , then your confidence , then your
brand recognition brand recognition
among your clients among your clients
and soon among the and soon among the
rest of the consumer rest of the consumer
populations will go populations will go
down the draindown the drain
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•and you will slowly see those and you will slowly see those
profit margin figures follow it profit margin figures follow it
dutifullydutifully
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•Think about hiring the Think about hiring the
services of a virtual services of a virtual
office provider and office provider and
some of them have some of them have
packages which are packages which are
cheapcheap
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•and offer basic services like a and offer basic services like a
registered office address and registered office address and
simple mail collection, which is the simple mail collection, which is the
first step in building reputation.first step in building reputation.
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•There you have it, an There you have it, an
integral reason why integral reason why
anyone with the need anyone with the need
to succeed in a to succeed in a
business should own business should own
a registered office a registered office
addressaddress
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•The cost is low and the benefits far The cost is low and the benefits far
outweigh the tiny investment that outweigh the tiny investment that
you have to put in to start you on you have to put in to start you on
the road to financial freedom and the road to financial freedom and
business success.business success.
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•This is the importance This is the importance
of a registered office of a registered office
address; it can make address; it can make
or break your or break your
business.business.
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