Stretch Your Small Business Dollars: Trade Show Banner Stands That Deliver!

Your company needs the visibility of a trade show to make industry contacts and introduce new products. But professional trade show displays are an expensive investment for any small business, especially in these tough economic times. And the last thing you want is to attend a trade show with an outdated booth. If you can’t afford a new trade show display, consider enhancing an existing booth with a banner stand. Trade shows are a cost-effective, creative way to attract attention and stretch your dollars. And with proper care, your trade show banner stand can last for many years to come.

Personalize your banner stand: choosing the right style for your small business is crucial.
Available in a variety of materials, colors, and sizes, a vibrant one will add a punch to your next trade show. Before purchasing it, determine how and where you plan to use it. Will you be using it to introduce a new product? Is your goal to enhance brand awareness and attract attention? Or do you want to emphasize a company logo and contact information? Will you be using the stand primarily for indoor displays or will it also need to be used outside? Keep this goal and location in mind when selecting your banner stand.

Here are some different types of banner stands:
* Retractable or ‘Roll-up’ Banner Stands – Generally considered the easiest to use and transport, they are extremely popular. Similar to a window shade, the banner is stored in the base of the stand and rolls up for display.
* L Banner Stands – An ‘L’ shaped frame holds and supports the banner, with the bottom of the ‘L’ resting on the floor. The banner is attached with clips at the top and bottom.
* X Banner Stands – An ‘X’ shaped frame holds and supports the banner. Three legs add stability, and the banner can be attached with clips in four places.
* Telescopic or Poll ones- These stands include a telescoping poll that adjusts to fit the size of your banner. A great investment if you plan on swapping out different sized banners.
* Motorized or Scrolling ones- If you are looking to add extra flair and drama to your display, these stands are for you! These stands mount either at the floor or ceiling, and continually scroll your graphics.
* Outdoor ones- Constructed specifically for outdoor events from heavy-duty, durable materials. A hollow stand base can be filled with sand to anchor the stand against unexpected high winds.

Keep costs low: Be sure to recycle it.
It is a durable, long-term investment that will last for years. If you are in the market for it, consider purchasing one second-hand or from a wholesale company, rather than buying one new. You’ll save on costs, and can easily purchase different graphics for the stand. Likewise, if you have several of them and no longer need to use all of them or are looking to upgrade, consider selling one locally to another company or back to a wholesaler.

Think long-term: Use your banner stand after the trade show.

When the trade show concludes, don’t let your banner stand gather dust. They are a great way to add functionality to small store or business space. Turn an unused store corner into a retail display or add punch to your storefront at a shopping mall.

Display your banner stand for extra professionalism at your next business meeting or conference. When thinking about long-term uses, consider where your target audience is likely to be found. Does your target audience frequent the local movie theater, major sporting arenas or pass through a nearby hotel lobby? These are all ideal locations to attract attention and promote your company with a colorful banner stand display.

A Partially Empty Sales Floor Costs You Dollar Store Sales

It is a real challenge to keep the sales floor of a busy dollar store business fully stocked and organized. After all the huge number of dollar store sales combined with the need to continually restock and straighten merchandise is a challenging combination indeed. Yet those who know how to start a dollar store recognize the importance of doing just that cannot be understated. The biggest consequence of failing to do so is lost sales. As you are about to discover those lost sales come from many different sources. Read on as I present a partially empty sales floor costs you dollar store sales.

Empty space on the sales floor means lost dollar store sales

Those who know how to start a dollar store recognize the most obvious of reasons for lost sales; it is the loss of sales in that specific, empty space. Never allow space to sit empty on your sales floor. Always immediately fill in with newly arriving replenishment merchandise, back stock items, or by spreading merchandise that is already on display.

Empty space on the sales floor motivates shoppers to jump ahead

As shoppers are slowly moving down an aisle examining everything available in your store, they will quickly skip ahead when they find empty display space. Not only do they frequently skip the blank space, but also sales area before and after that blank space. The result is lost sales! Keep your aisles properly filled to maximize sales per square foot of display space.

Empty space on the sales floor causes shoppers to ignore entire aisles

If shoppers see large areas that sit empty, or possibly multiple areas in an aisle without any merchandise at all they will often skip that aisle completely. When this happens you are losing not only the sales from the empty space, but also sales from all other products displayed in that aisle.

Empty space on the sales floor can lead to questions about you closing

If too much empty space is allowed to appear in your store the logical question from shoppers, employees and vendors will be about how long you are planning to remain in business. The consequences can be devastating to a business. Lost customers, tightening vendor terms, and employee unrest are all on the list.

Empty space on the sales floor can motivate shoppers to turn and leave

Those who know how to start a dollar store recognize there is a fine line regarding the amount of empty space shoppers will accept. When that line is crossed your shoppers will not hesitate even a moment before they turn around and leave. They will then go to a competitor’s store where they will stay if the right merchandise in the right quantities is available to them.

To your success as you discover how to start a dollar store!

What To Look For In Business Plan Software

While writing a solid business plan is a necessary first step in getting any new business venture off the ground, creating such a business plan is not always an easy task.

The goal of the many business plan software packages on the market is to make the process of creating a winning business plan that much easier.

When choosing from among the many business plan software titles on the market, it is important to know what to look for, and to know what you need from the business plan software you plan to purchase.

These software packages can be quiet pricey, so it is important to shop around for the business plan software package that gives you the greatest bang for your limited business dollars.

Making Sure The Business Plan Software Includes Sample, Examples And Templates

One important thing to look for when shopping for business plan software is the availability of a number of different business plan samples, examples and templates.

These examples and templates can make it a lot easier to create a quality business plan in a short period of time.

Look For A Flexible And Easy To Use Software Package

It is also important that the business plan software package you choose be easily customized to meet the needs of your own type of business.

Each industry has its own unique needs when it comes to business plans, and it is important for the business plan software to be flexible enough to allow changes to be easily made depending on the type of business.

Those business owners with more than one type of business will especially appreciate a business plan software package that is flexible and easy to use.

The Business Plan Software Should Easily Interface With Other Accounting Software Programs

It is also a good idea to look for a business plan software package that easily interfaces with the most popular accounting software, business software and general productivity software available.

It will be a big help to have the business plan software be able to pull in facts and figures from a variety of spreadsheets, accounting packages and other sources.

A business plan software that can use information from a variety of existing sources can greatly reduce the workload on an already overloaded business owner.

How a CPA Can Help With Business Cash Management

If you are the owner of a business, you may be concerned about the management of your business assets. Needless to say, cash and funds are among the vital assets, which if not managed properly, can affect the financial stability of the business.

Business cash management is a set of many processes like receiving funds, controlling the cash, disbursing and investing, and so on.

A Certified Public Accountant (CPA) is the professional helping hand to help you with efficient business cash management. You can expect every account to be accurate and witness an increase in your business earnings by hiring the services of a CPA.

Learn from the following discussion about the role of a CPA in business cash management:

Analysis of Existing Financial Situation

A CPA begins his work by analyzing the current financial situation of the business. For this, he will use the financial statements and budget information to establish information about total debt to equity ratio, net profit on sales, inventory turnovers, current inventory and existing liabilities. This further enables him to assess the current cash management policies of your business and changes that are required to be introduced.

Cash Forecasting

Cash forecasting is an important procedure that every business should carry out. This involves the evaluation of daily, monthly, annual, as well as seasonal cash patterns and trends. Short term forecasts are as important as medium term and long term forecasts. A CPA helps you with precise cash forecasting by using the best software tools available in the industry.

Improvement in Budget

Preparing a good business budget is highly critical for cash management. You may have a budget plan in hand, but it might not be effective enough to take care of things like cash flow management, cash outflow control, cash investment, and so on. A CPA uses his industry experience to improve the budget of your company.

Cash Flow Anticipation and Enhancement

A CPA analyzes the cash flow sources for your business operations. He makes sure that your business never runs out of cash by assisting in cash flow enhancement. The CPA you hire will also help you maintain the balance between cash inflow and outflow so that you always have enough cash for emergency situations.

Cash flow enhancement includes improvement in billing and collection procedures and schedules. Preparation of right discount policies is also important to let the business maintain good relations with its customers without letting the cash flow ebb.

Control on Cash Disbursement

A CPA prepares different plans to ensure that the cash is disbursed in an efficient manner and no cash loss occurs in the process. This involves controlling the cash outflow by scheduling the business payments in the best possible manner. For example, a CPA helps you to schedule the time and amount for your debt payments so that your business budget is not affected by it. This also helps you maintain a good reputation for your business in the market.

The CPA also helps in evaluating the purchasing policies of the business. It is important that you have the most cost-effective purchasing policies for your business. It requires you to deal with the vendors that have the most favorable terms to offer supplies at the right prices to your business. All this can be done by implementing the expertise and suggestions of a CPA.

Making Right Cash Investments

An important aspect of cash management that is often ignored by the business houses is investing the cash which is currently not in use. You must choose the right investment vehicles to ensure that your cash grows and helps your business maintain a steady cash flow.

At the same time, you must be aware of the tax consequences of business cash investments. A CPA helps the business by suggesting the most suitable investment plans that lets your business dollars expand. The CPA also helps manage tax consequences so that your business has to face minimum tax liabilities.

Financial Reporting

Preparation of regular financial reports and an annual financial report at the end of every financial year helps a business learn about its profits and losses on a short-term and long-term basis. A CPA hired to take care of cash management shoulders the responsibility of preparing precise financial reports. You can expect your business cash handling to become efficient with the help of accurate financial reporting.

As you can see, a CPA offers great help to a business owner to help the latter manage business cash. An effective cash management system can be established and integrated with the business machinery so that the most important business asset offers best advantages to your company. For all this to happen, make sure that you hire a reputed and expert CPA. Consider the recommendations of other business owners to explore your options.