How to Negotiate a Business Loan | businessnewsdaily.com

January 19, 2021January 18, 2021 ~ knjohn ~ Leave a comment

Business loan terms are often negotiable, giving borrowers a chance to secure more favorable rates and better terms.

Negotiating your business loan terms can help your business get to the next growth stage more easily.
Your interest rate, prepayment terms and personal guarantee provisions are three important areas that you can negotiate.
Before heading to the negotiation table, you should know the key terminology to make the best case for your business.
This article is for small business owners considering borrowing money for additional funding.

You can’t start or grow your business without funding. Unfortunately, applying for and getting a business loan isn’t usually a fast or stress-free experience. On top of that, some small business owners believe that they have to take the loans at face value and can’t negotiate the terms. Thankfully, that is far from the case. So, what parts of a business loan are negotiable, and what should you know before heading to the negotiation table?

Keys to Business Growth for Professional Services | Duct Tape Marketing

July 5, 2018July 4, 2018 ~ knjohn ~ Leave a comment

Sure, people in professional services need to be good at what they do, but their audience hopes that’s a given. Sometimes even the best of the best have a hard time growing their business because they are so focused on the services they provide, they just don’t dedicate time to the growth of their company (or simply don’t know where to start to do that).

Whether you’re in accounting, law, tech consulting, or provide and other professional service, the advice below still applies if you want to separate yourself from the competition and grow your business.

Do Growth Hacking Tactics Apply to Every Business? [Audio] | Duct Tape Marketing

June 16, 2017June 16, 2017 ~ knjohn ~ Leave a comment

What do you think of when you hear the phrase “growth hacking?”

Few trendy terms have been more misused and abused by ‘marketers is what I think.

I wrote this piece about growth hacking if you want my take.

For some perspective I turned to someone that I think does understand and correctly apply growth hacking tactics to marketing. In the end, all marketers growth hack a bit, even if all that means is trying new things to engage new customers.

Getting Off The Fence: Hobby vs. Business | marketingforhippies.com

December 30, 2016 ~ knjohn ~ Leave a comment

Is what you do a hobby or is it a business?

This is an important question to answer because most entrepreneurs I know are on the fence about it.

There’s no right or wrong answer to it. But I know a lot of people who say it’s one and do it like the other.

My friend Theo drives for UPS. He loves his job. It’s his meditation. He offers massage for free on the side as his gift to the community. It’s a hobby for him.

But I know a lot of people who are baffled by why their business isn’t growing and, when I look at it, it’s clear. They aren’t treating it like a business. They don’t invest in it. They don’t work on it as well as in it. They don’t make systems. They do everything on their own. They haven’t sorted out their niche. None of which would matter if it were a hobby.

If you treat it like a hobby, it will never grow like a business might (and, to be frank, even if you treat it like a business, there are no guarantees it will grow at all).

Why You Should Invest in Video Marketing to Grow Your Business | Small Biz Trends

August 5, 2016 ~ knjohn ~ Leave a comment

In the rapidly evolving landscape of marketing, businesses are constantly required to come up with improved ways to promote themselves and attract valuable leads. The rising customer expectations have led businesses to develop new strategies to meet and exceed the demands.

One of these strategies that have gained momentum recently is video marketing.

There is hardly any doubt about the fact that video-driven platforms are well-received by today’s generation. In fact, Snapchat has overtaken Twitter with a user base of more than 150 million every day compared to the 136 million daily users of Twitter.

Such increased popularity of videos has convinced businesses to rethink their digital marketing strategies and include videos to attract a flood of customers.

5 Steps to Automate, Streamline and Grow Your Business | Small Biz Trends

January 22, 2015 ~ knjohn ~ Leave a comment

Every entrepreneur wants to create a profitable business. But instead of working on their businesses, most of them end up working in their businesses with a go-all-out, hands-on approach. When it comes to growth and scale, this hands-on approach won’t work. What entrepreneurs need is a way to leverage, and a way to scale. They are always looking for a sustainable way to go smart.

Automation is the answer to every entrepreneur’s dream. Businesses face severe competition and a roller coaster ride on the path to success. It helps when a few processes pass through automatically without the involvement of business owners at every juncture.