Showing posts with label business. Show all posts
Showing posts with label business. Show all posts

Wednesday, October 5, 2016

US Media Studios Asks How to Know if Success is Yours

Success is measured in various ways and defined differently by most people. How will we know when we are successful?

Success Defined

Dictionary.com provides four definitions for success:
  1. The favorable or prosperous termination of attempts or endeavors. Accomplishment of one’s goals.
  2. The attainment of wealth, position, honors.
  3. A performance or achievement that is marked by success.
  4. A person or thing that has had success.

Which one of these fits your definition of success? Some start-up business owners may define it as the achievement of staying in business during the first year. Others may find they feel successful if revenue was higher than expenses, and customers kept supporting them.



Personal Success

Personal success can be defined as personal goals and objectives which are met. It is also having success in love, friendship, and health. People, and business people, will consider themselves a success when they learn something about failure. One failure does not define a business endeavor, nor do many failure. Each one is a chance to learn from it, grow and try again, and try something new.

US Media Studios also relays that the business person who is successful will keep on finding new ways to add to that success. They are never stagnant in ideas or direction. They keep on moving forward putting defeat behind them, and learning from it. Success is not only tangible such as wealth or an honor earned. It is also intangible like good health, a strong family, love, and knowing that every effort was put into the endeavor to produce the outcome.

How do you define success?


Tuesday, October 4, 2016

US Media Studios Etches Guidelines for Creating Business Names

There is an incredible variety of names from which entrepreneurs can create or choose for their business. But it takes more than just creativity to choose the right one.


What’s In a Name?

What’s in a name? Well, there are plenty of steps to take in finding, registering and keeping that brand new business name that epitomizes your business.

  • Research the chosen name online to see if anyone else claimed it. A Google search is good for that.
  • Search for the name on the U.S. trademark database.
  • Use creative thinking to tweak the business name and search again on the database.
  • If not trademarked, apply for the trademark.
  • Register the new name with your state.
  • Create or update existing website with the new name.
  • Create a new logo or update existing logo.
  • Notify vendors and utility companies of the new name.
  • Notify the bank and any financial institutions of the new name.
  • Change business signs.
  • Update telephone listing with the new name.
  • Update all social media accounts with the new name.
  • Order new business-related paper documents, such as business cards and stationary with the new logo and name.

Why All the Bother?

While it may seem like there are many steps to creating a business name, it is best to protect the name you choose by following the guidelines etched in above. No one wants to be hit with a cease and desist order due to using a name which is already registered. US Media Studios encourages entrepreneurs and new business owners to double check business names and take steps to protect the great one chosen.



Monday, September 19, 2016

US Media Studios Shares Retirement Tactics for Boomers

A search on any website about financial or retirement news will usually turn up several articles geared toward the Millennial generation. US Media Studios takes time to share some retirement tactics for Boomers instead.

For the Baby Boomer Generation

Employees in their 50s and 60s spend most of their careers working hard, working long hours, and socking away money in retirement accounts. They know if or when they can retire. They know how much more they need to save before they can retire. They have a solid understanding about health care, social activity and perhaps even part-time work they might engage in after full-time works ends.

It is also essential that career employees in their 60s know that retirement account withdrawals are permitted and without penalty. If older workers in their 60s are let go, they can withdraw and use some of their retirement savings to help with expenses. There are circumstances, such as unexpected medical expenses, which can force someone to dip into savings also. However, it is best to avoid that and to continue to save as much as possible before finally retiring.

US Media Studios reminds that employees in their 60s might want to keep working until they have a good nest egg stashed way. Most 401(k) plans have catch-up limits. Workers can contribute up to $23,000 a year. Roth IRAs have a limit of $6,500. It’s best to diversify savings accounts so not all of the savings “eggs” are in one basket. The best bet is to keep working as long as possible or as long as one can afford to. Use retirement savings to live from as a last resort.




Friday, September 9, 2016

US Media Studios Kicks Up Start-Up Discussion

What happened to all the start-up businesses in the United States?

The latest U.S. census data relays that there were 452,835 new businesses started in 2014. That’s down by about 50,000 that were started every year from the late 1970s to the mid-2000s. It is long reported that new businesses account for the greatest number of new jobs. But none of that is booming now, and hasn’t been since the Great Recession ended. People seem wary of getting into something that could crash cause them to lose money.


Start-Ups and Hiring

Start-ups generally hire less people than the big brand stores and businesses.  Major companies are seen aggressively recruiting and gaining new staff. They have the capabilities of utilizing outsourced vendors, some domestic and some foreign. Small businesses do not have this ability.

Restrictions

Other factors which prevent an entrepreneur from starting up are the mind boggling regulations in the U.S. Many businesses also insist a new employee sign a “non-compete” clause that prevents them from leaving and starting up their own company, for months or even years. With so many restrictions and stringent regulations, it is no wonder there are less new businesses than in previous years.

Future for Start-Ups

Many of the most successful start-ups were begun by an entrepreneur in their 30s. The Millennial Generation is rounding that corner. Generations X and Y are already there. The US Department of Labor notes there is an uptick since 2014 in new businesses. US Media Studios also notes that there are some steps established businesses and local, state and the federal government can take to spur new business growth: loosen up on the “non-compete” clauses, offer new business owners some tax breaks, give entrepreneurs support and financing if requested.

America is a great place to start a new business. If this is your dream, just go for it. Start very small and let it grow.




Thursday, September 8, 2016

US Media Studios Relays Workplace Concepts for Success

No matter what size business it is, good, sound workplace concepts help both the business and the employees grow and be successful.



Empowering Staff for Better Results

The guts of any successful business are the people who make it operate every day. Employees, managers and business leaders are the blood in the veins of the company. Flexibility in both scheduling and work location gives employees the ability to work the hours they need and where it is most convenient for them. If staff can get their work done from home a few days a week, as opposed to being in a strict office environment, then they should be able to do so. Many people relay how they get more work done, are more creative and proficient at home than in the office. Flexible work schedules are more accepted now than in previous decades. When someone does not have to use creative time to commute to an office, they start work earlier and are more productive.

The Two-Way Street of Common Sense

Common sense seems to be absent from so many aspects of living and working today. From the rabid comments and posts on social media to the workplace, it’s curious how we manage. Common sense is best when applied by employer and employee. If there are changes in structure, work responsibilities, schedules, benefits, etc, both parties need to be practical and flexible. Good employees do not need to be managed. Good managers need to communicate if any workplace concepts change. US Media Studios reminds that common sense in the work place is a two-way street. No one can get away with something that any other business would not allow.



Tuesday, August 30, 2016

US Media Studios Highlights the Top Five Cities for Start-Ups

We really don’t like to brag. US Media Studios is located in the south Florida area which came in second place on the Kauffman Index: Start-Up Activity creation report. We can attest that the Miami-Fort Lauderdale-Pompano Beach, Florida area is a great place to start a new business. As are the other four.

Report Background

The Kauffman Index: Start-Up Activity (PDF) report is one which compiles and crunches data to determine the rate of entrepreneurs opening businesses in any month. It also runs the data to find out if the businesses started because the market was good or because its owner had no other options for work. The report also measures the number of newly created businesses that employ at least one other person per 1,000 companies.



Top Five U.S. Cities for Start-Up Creation

Austin, Texas came in first and understandably so. It is a growing vibrant city with a continual growing entrepreneurial community. It is a supportive city for start-ups, no matter which industry the business is in.

Miami-Ft. Lauderdale-Pompano Beach, FL came in second. Other than its low tax rate and low cost of living, the area is rich with immigrants from the Caribbean, Cuba and South America. These enterprising residents open the smaller mom and pop shops, eateries, craft houses, etc.

Following these two are: Los Angeles, San Francisco, and Las Vegas. Los Angeles has always has a strong creative spirit that invites business creation. San Francisco is California city in which high tech start-ups thrive. Las Vegas has year-round pleasant weather and plenty of space in which to open a business.

US Media Studios believes in start-up creation, supporting those new businesses, and cities providing support for the entrepreneur. If not, we would not be here ourselves.

Friday, August 26, 2016

US Media Studios Notes Affordable Cities to Open a Business

One part of the American Dream is to own your business. With that said, there are some cities which are more affordable to begin a start-up than others.  US Media Studios notes the five most affordable cities.

Chattanooga, TN



It is not surprising to us that four of the five most affordable places to open a business are in the South. Located in sunny south Florida, we can attest to the number of start-ups that open here.  We took a look at the data run by SmartAsset for start-up costs over the first year of operation: cost of office space, price of gas and electricity for that space, legal and accounting fees, and payroll costs for five full-time employees making the city’s average annual salary.

Based on these factors, below are the five cities where entrepreneurs might want to open their new venture’s doors:
  1. Chattanooga, Tennessee
  2. Wichita, Kansas
  3. Greensboro, North Carolina
  4. Columbia, South Carolina
  5. Knoxville, Tennessee

Many American cities are great for starting up a business.  There are events for entrepreneurs to get together, financing to help the new business owner become and stay operable, and some cities have a great number of graduates from universities and tech schools to recruit.  It should also be noted that some of these cities, and others in the South, have an affordable cost of living, which makes living there an added bonus. Some of the top ten cities have strong economic support in specific industries such as education, technology, or healthcare, which would be great for the entrepreneur with products or services in that field. Click here for the full list of affordable start-up cities, and more the list of most expensive cities to open your own business.





Friday, June 17, 2016

US Media Studios Accents the Rehire of Boomerang Employees

People resign from jobs and are let go from jobs for a variety of reasons.  Some of these former employees won’t consider coming back to the company they left. Some will. There are employers who will rehire an employee who resigned or was let go or who wants to come back. Boomerang employees are ultimately a good asset for the business.

(image:spellerinternational.com.au)

Why Rehire a Boomerang Employee

US Media Studios accents why rehiring a returning employee is a good for the business:
  • Returning employees are already familiar with the company, its goals and policies, and culture.
  • If returning to the same position, they already know the job what is needed to get it done.
  • They know their co-workers and supervisors work personalities and know how to get along with them.
  • They bring their knowledge, skills and experience with them, and also bring new skills and knowledge to the job.
  • They work harder at their jobs because they are grateful to be back in familiar territory and have that steady paycheck.
  • Boomerang employees boost morale in their departments and in the business as a whole.


Learning from the Boomerang Employee

It should also be noted that there are good lessons to learn from the returning employee:
  • “The grass is not always greener in another yard”. A new job may not have been as good as the one left and returned to.
  • Employment opportunities are not that great no matter what industry someone wishes to move into.
  • Not all CEOs or managers are equal.
  • Starting over someplace else is sometimes not the best choice.


Employers might want to ask the boomerang employee why they want to come back. US Media Studios also reminds employers to ask why the employee resigned. Take time to define to the returning employee any new brands or business processes that started since the employee was gone.


The boomerang employee is a good company asset. Consider all sides of their request to return and bring them back onboard if all signs are positive. 

Monday, September 21, 2015

USM Studios on Negotiating Like a Pro

You either like to negotiate or not. Some are better at it then others. In almost every situation, it pays to barter and/or negotiate for something. USM Studios offer tips for negotiating like a pro.

Hopefully, these tips will help you get what you want whether it is a pay raise, a better deal on a new or used car, or for venture capital or other business goal.  

Write down all the points to discuss in the negotiation on paper and keep it in front of you. It looks professional and let’s the other party know you did your homework.

Know who you are negotiating with. Do some background research on the person before joining them at the conference table. This will give you a chance to know if the negotiation will be hard or easy.

USM Studios reminds you to know your worth, and back it up. Print reference points from the Internet and keep them handy. Professionally and politely relay your points and why you are asking for what you want.


Finally, be nice. No one likes to work with an arrogant or aggressive person. Go get what you want and deserve. Life is too short to be disgruntled that you might be getting less than what you want, need or deserve. The old adage of “if you don’t ask, you won’t know” holds true for everyone. 


Tuesday, September 8, 2015

US Media Studios Reviews Employment Trends



Finding a job is not as easy as it may seem to some people. Employers are also not finding the kind of employee they want either. This situation can lead to a unique new type of job applicant called the boomerang applicant. US Media Studios reviews what this is and current employment trends.

A recent survey found that more than three-quarters of employers are willing to hire back an employee who left the company and wants to come back. Hiring managers in the past have said that their company would not hire back someone who resigned from a job. The so-called “boomerang employees” – those left a company and reapply for the same job or another one are now being considered for open positions.


Employees who return to a former employer do so for the benefits, comparable pay, need to work, and a known career path. Returning employees provide their companies with an already skilled, experienced and knowledgeable worker who needs no training. This trend and others acknowledge that both applicants and employers are having the same hiring problems. People who are out of work may find their former position is advertised and wish to apply for it. In some cases, another job is advertised which the former worker finds desirable. USMedia Studios notes that companies or businesses are seeing a better financial situation now than in previous years. This usually leads to listing jobs once eliminated due to reduction in workforce. Hiring is picking up some momentum. Employers and “boomerang” applicants should determine if rehiring or accepting a job from a former employer is worth it in the long run.  

Friday, July 31, 2015

US Media Studios on Why Continuing Education Benefits Entrepreneurs



Business owners can set a good example for employees by taking continuing education classes. The benefits of gaining more knowledge, experience and skills can be endless. 
US Media Studios explains how.

There is no set rule that states continuing education has to cost a cent or be taken in a traditional classroom.  Today, there are more online free courses offered from a variety of schools which cater to entrepreneurs, business owners and everyone else.

Small business owners might want to research which online education courses are best for their line of work. Several online educational sites offer a plethora of free classes on topics such as data management, marketing, innovation, and more.  Other niche courses can be found by searching the specific industry or field.  Forums offer entrepreneurs and new business owners guidance and education in managing finances, optimization, digital marketing and human resource management.  Benefits derived from taking online classes: convenience, advancing skills and careers, expanding knowledge, gaining practical business knowledge, and more.

US Media Studios encourages readers who are thinking of starting their own business to find a few free online courses to sample.  Scan the choices for webinars, MOOC lists (Massive Open Online Courses),websites for small businesses, online magazines for entrepreneurs, etc.  The Internet is full of great options that are yours for the taking.  

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Thursday, July 30, 2015

US Media Studios Reviews Different Types of Funding for Entrepreneurs



There several different ways entrepreneurs can go to secure funding for a new business venture. 
US Media Studios reviews a few of them.

Traditional banks are becoming harder to deal with for people who want to launch their own business. Fortunately, there are several good resources which might be better than a bank or other financial institution.

Online lenders are a new source of funding for prospective business owners. It takes less than an hour to complete the application, and an approval cane be forthcoming in a matter of days – not weeks or months—as is the case with brick-and-mortar banks.

Product presales are another way to secure funding. Entrepreneurs can sell some products before the actual launch in order to raise some cash to pay for needed expenses, such as more inventory. But note that there are some glitches to work out like timing with suppliers.

Angel investors are another way to go for funding. Typically, angel investors help with start up money, investing in the early years of the company. They generally expect a return on their investment of 20 to 25 percent.

USMedia Studios knows that finding funding is a challenge. But there is funding available. Be creative and find the cash flow needed outside the normal places.

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Thursday, July 9, 2015

US Media Studios Explains the Top Priorities for Entrepreneurs



There are many items of importance on the agenda of any entrepreneur. Making money is one of them. US Media Studios explains the other top priorities for entrepreneurs.

Innovation is a word which is used so often that it takes on a clichéd meaning. Entrepreneurs must always be active in the brainstorming, ideation, creating and trying of new approaches, new strategies, and creation of new products, services and upgraded or enhanced items. To remain stagnant as others grow and expand is the kiss of death for an entrepreneur.

Sustainability is another priority that should be on the top of the list. This includes the ability to make and keep a profit coming in so that the business can keep running. US Media Studios also reminds that sustainability could also be the willingness to take a short term profit loss in order for long-term goals to be reached.

Company culture is an important priority to keep on the plate. Entrepreneurs should consider what kind of culture they want for their business. Employees need and want to know how they should conduct themselves. Finally, don’t let the work load change the dynamic culture of the business. More work can create more stress. But it is how that extra work affects the overall culture of the company.


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Monday, July 6, 2015

US Media Studios Suggests Questions to Ask Before Buying a Franchise



Becoming a franchisee is not as simple and straightforward as it seems. There are many different aspects to it which should be considered before making any financial commitment. US Media Studios suggests questions to ask before buying a franchise.

How well does the franchisor know his or her franchisees? Did they take time to vet them? It is important for the prospective franchisee to ask the franchisor as many questions about how they run the business, support the others and what are its plans for growth in the next five to ten years.

How experienced are the managers for the franchisor? Do they know how to handle a conference call with 20 people on it, all new to running a business? How are their people skills?

US Media Studios also suggests asking if the franchisor has nay exclusive areas in which they operate? Are there any competitors in the area?

It is also smart to ask if the franchisor has a system in place to supplying needed items, both disposable and non-disposable? Who pays for the upgrade or replacement of equipment when needed?

Be armed with as many questions as possible to protect yourself before agreeing to become a franchisee.


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Monday, June 29, 2015

US Media Studios Reviews Online Marketing Tips



Online marketing can help anyone who has something they want to sell. From the top social media sites to review websites, US Media Studios offers marketing tips which bring success.

Social networking is more than being social on the Internet. If done consistently and with a sound strategy in mind, it can bring success to the solo business person. Online marketing can position the seller as an authority on the matter. It can also influence the consumers’ opinion on reviews. It can also help add customers which in turn can generate better comments from people.

Online marketing is not just about posting great photos with colorful descriptions. It is also about making the first YouTube video explaining how to use the product. US Media Studios advises that it’s best to learn how to use keywords when writing online marketing materials so search engines can find the company or product name when a prospective customer is trying to find it. Other strategies include posting interesting articles from different sources, sharing news from clients and consumers and using Instagram, an image posting social forum, to alert and remind the public when a new item is available or how an old was improved.

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Thursday, June 18, 2015

US Media Studios Reviews Capital Funding Approaches for Entrepreneurs



Every entrepreneur hopes to find capital funding which will help launch their business into success. US Media Studios reviews capital funding approaches for entrepreneurs.

Whether it is an angel investor, a crowd funding campaign, or friends and family backing the new endeavor, finding the right kind of capital funding takes time, patience and research. Financial experts suggest running an Internet search on the industry the business is in and add the term for the type of funding wanted. For example: public relations crowdfunding. Toy with the wording until results are produced with information which is useful. Take time to learn the language financial advisers and consultants use so there is no confusion. Choose the right partners or partner to provide back up and support. US Media Studios notes that having a sound business plan can also be of assistance when searching for the best approach for capital funding. Know where the business needs to head and have a strong plan in place for getting there, and then explore the different types of capital funding available. Let possible investors know what your strengths and weaknesses are. Don’t hide personal of professional blemishes. Always be transparent.

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Tuesday, June 16, 2015

US Media Studios Offers Location Tips for Small Businesses Owners



Location, location, location. It is not only the mantra for the real estate industry but also for people wanting to open their own business. US Media Studios offers location tips for small business owners.

The main rule of thumb for opening a small business is to know the customer. Know where they live, work, play and like to relax. Know where they shop for food, clothes, gas and home supplies. Once these establishments are known, a small business owner can start looking for a good space to rent or buy.

The U.S. Small Business Administration advises small business owners also look at if the location is right with the image the business wants to maintain. Also get a good look at the other shops or stores in the area to see if there is stiff competition.

Other location factors to consider: traffic patterns, parking, signage, pedestrian and vehicle congestion, public transportation stops in the nearby area, and residential demographics.

USMedia Studios suggests talking to other business owners in the area to determine if there are unknown expenses to opening a business there. Be armed with as much information as possible before deciding on a location for the new small business.


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Thursday, June 11, 2015

US Media Studios Shares Tips for Productive Business Trips

Flight delayed? Get some work done. 


Business trips are inevitable for entrepreneurs, sales managers and CEOs. US Media Studios relays how to make them more productive.

Business travel can be a pain or it can be productive. It’s all in how we prepare for it, manage it and organize it. When we know in advance that a trip is needed, book the flight and make hotel and any conference room reservations ahead of time.  Most frequent travelers have personal care items already stored in the required sizes and clear bags. Keep the overhead suitcase ready to go with smaller items already stored in it such as socks, underwear, belts and etc. Put charging cords in plastic baggies and add them to tote bags or brief cases.

Store important documents on Cloud drives for easy access at airports, hotels and meetings.  Ship product samples and/or heavy files to the hotel before leaving. Call ahead to be sure they will be kept in a secure, safe place.

Make the most of flight time. Write and save email notes and other documents needed for the business trip. Drink plenty of water and take a short nap. Set the alarm on smart phones to ring in 20 minutes. This is all the rest one needs unless they are on an international flight.

US Media Studios also advises to take some time at the destination to enjoy the area. Dine at a local cafĂ©, walk around and see what’s in the neighborhood and soak in some local flavor. This will go a long way in helping the hectic business traveler to relax.

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Tuesday, June 9, 2015

US Media Studios Offers Financial Advice for Prospective Franchise Owners



What does it cost to open a franchise? What kind of franchise is most successful? USMedia Studios offers start-up tips for prospective franchise owners.

Many people think that owning and operating a franchise is a good idea for starting a business. It seems like a great entrepreneurial idea which comes wrapped in box of corporate readiness. Every aspect of opening and operating the franchise is available. Marketing, uniforms, and inventory, as well as the budget for them, is given. What is not given is back-up funds to keep operations running smoothly while it takes time to get things off the ground.

Here are a few thoughts to consider about starting a franchise business:
  • How much do you have to invest for the franchise fee and to set up operations? This will help you decide which industry to work in.
  • Which industry do you want to be involved with? For example: cleaning, exterminating, restaurant, or hotel?
  • What franchise brand do you want to join?

The majority of franchises cost about $50,000 to $75,000 to get started. Some cost more. Some cost less depending if the business will be a one person owned and operated company or one which requires employees and equipment.

US Media Studios also suggests considering the other costs which come before franchise expenses. These include legal fees to review contracts, building or space rental for the business, and professional fees for accountants and other business-related consultants. Many people choose to open and run a franchise because it offers them the freedom to run their own business. And it also gives them a valuable safety net which is the corporation in which their franchise belongs.


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Friday, June 5, 2015

US Media Studios Offers Business Success Tips for Entrepreneurs





Our everyday lives are full of distractions which can detract from reaching the business success we desire. US Media Studios offers tips for entrepreneurs to help reach those goals.

Perseverance pays off.  No matter what distractions or bumps in the road to success happen, hold steady and plow through them.  There is only one way to advance to business success and that is to move forward.

Make a plan for every aspect of the endeavor.  Then make a fall back plan. Spell out the steps in each plan even there are only a few of them.  People need concrete instructions to follow in each part of the business from accounting to marketing. 

Keep the master vision in sight. Every entrepreneur has the big picture in mind.  It is easy to get mired in the daily tasks of running a new business. It is also easy to lose track of where you’re going.  Keep the master vision in sight all the time.

Once the business is operating smoothly, don’t change the processes. This confuses staff and can produce disastrous results. The same rule also applies to any applications in use. Find the best ones and stick with them.

US Media Studios also suggests take time to keep learning. Listen to staff, read everything about the industry, ask questions, keep what will work and toss out what won’t.  Opportunities for learning are everywhere.

Business success is not only desirable but achievable too


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