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TOP
OF THE BRIEFING
THINKING SMALL |
It started with a rather innocuous line
in a New Zealand publication. An entrepreneur is investing in 37
hostels scattered throughout the country. Not big, fancy
hotels. No, small, basic hostels. Mmmm, nice idea, I
thought. The economy is wavering. Families still want
quality time together, and standard vacation spots are pretty
pricey. This, I thought, just might be a major trend for the
future. Then I ran across Seth
Godin's publication on getting businesses to think small. He
berates large corporations for not being nimble enough to adapt to
changing times. He really takes newspapers to task for not
claiming the internet as their own when they had the chance to do it --
now the internet belongs to the little guy. Then
I saw an article about the Entrepreneur of the Year award. It went
to Jose Diaz, a Florida-based Hispanic and owner of a defense contractor
business. He began real small: two employees and all the
money he could pull out of two credit cards. (He's now quite a bit
bigger, and justifiably so.) All
of which says that setting our sites on growing is great. But it's
the small matters that matter. Whether your company has one
employee or one thousand, never ever lose track of your most important
customer: the one, the single, sole, solitary one you are working
with right now. Small does
matter. I'll take a small diamond over a large clump of grass any
day.
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NEW BUSINESS SPOTLIGHT
ONLINE BUSINESS FOR TRAVELING PET OWNERS
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Holidoggys.co.uk is an online directory of Pet Friendly Accommodation.
The owner, Tanya Powell, a 21-year-old entrepreneur in the U.K., found a
need and filled it.
Tanya loves animals. And she
loved taking her dogs on vacation with her. But finding hotels
that would accommodate pets was a real hassle. Other people had to
be in the same pickle.
Holidoggys.co.uk is the very natural
result of that pickle.
This is just the type of business that
works so well for home businesses, including work at home moms.
Virtually all the work can be done over the phone or via email, even
selling advertising.
Great idea, Tanya!
There are probably a number of other
countries that could use a resource like this, too.
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TOP
FREEBIE
MASHUP TIES DOWN DEMOGRAPHIC INFORMATION |
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This is just what retailers ordered!
Most shopping areas will provide demographic information, both for planning
purposes and for financing purposes. But it's always a good idea to
confirm information, especially when you're the one paying the
rent. Now there is a way for you to do it, instantly and FREE. Click
here to try out the snazzy demographic program..
This
was created as a demonstration site, but you can input any address and then view the
relevant demographic data from the Census 2000 Report as well as the Census 2000
Housing Report. A Google Map identifying the particular region appears alongside
the displayed data.
This site is a creation of SRC ( http://www.extendthereach.com),
a developer of business intelligence software. SRC was founded in 1997 and is
located in Orange, Calif.
While this demo site is just a simple
application, it serves as a nice example of how a Google Map "mashup"
could be applicable for business research purposes. "Mashup" is a big
word in internet technology these days. Basically it means combining two
or more data sources to make something new.
And this is indeed a very useful something
new.
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| BUSINESS
BRIEFS |
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Don't miss the SBA Web Chat Series
on September 14, 1:00 EDT. Warren Brown of Cakelove Baker
will host a discussion on entrepreneurship. To join the webcast,
go to www.sba.gov, and click on
"Your Small Business voice Online Chat." Post questions for Brown before the September 14th
chat by visiting http://appl.sba.gove/livemeeting/liveCakeLove/introlcfm
.
Venture Michigan Fund I is now open to invest in
venture capital funds focused on growing early stage technology
companies in Michigan. The fund is fully subscribed at $200
million. The money will go to venture capital companies that will make investments
and have their returns guaranteed through tax write offs.
Maverick Angels, a SouthernCalifornia-based angel investment group,
announced the launch of a new chapter in Silicon Valley. The
Northern California Chapter's Inaugural Meeting will take place on
Friday, September 29th at the headquarters of global investment giant
Franklin Templeton in San Mateo, California.
Food and beverage
makers could soon tap into a range of new ingredients with a healthy
twist as sugar and sweetener firm Tate & Lyle launches a new
venture capital arm to focus on next-generation ingredients.
It is kicking off with an initial investment
of 35 million euros.
Fortis Venturing, Triodos Innovation Fund and DOEN
Participaties announced that they have jointly set up Start
Green: a new fund that will invest in ten Dutch starter companies
engaged in sustainable technology.
The fund management will actively promote the commercial
success of the businesses in which the fund invests. Its support may
include business development, sales leads, strategic partnerships,
management consultancy, recruitment and selection, and help with
international expansion.
The Small Business Administration
has discontinued its low documentation loan program, one that had been
very popular with small businesses. Many communities are filling
the gap with "community express loans". The
major difference is that recipients of community express loans need to
sign up for mentoring assistance in order to get the loan. Since
the loan is not guaranteed, it is still a really good deal for the
small business owner. Check with your local SBA lender and see
what the status of these loans is in your area.
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FREE BUSINESS PLAN
Lucy's Retired Surfers Restaurant and Franchise
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Looking for an idea for your business
plan? Or just want to see what a plan looks like? We will
provide links here -- a different one each issue. Some are
good. Some aren't. All are free, so take what you can use
and discard the rest.
Here's one that is proposing a
franchised restaurant development:
Lucy's. It's not the best business plan we've seen. In
fact, it is just typical. But this is what a typical plan looks
like.
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| That's it
for now. Remember, if there is anything you want to see in this
ezine, let me
know (I've got a bit of influence with the editor!) |
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