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MARKETING
Secrets for Small cess. Even if you’re in business,
Biz Success
you should have a business plan
continued from page 82
ready to submit to potential
lenders. Know how additional
funding will help you grow your
classes. Offer rebate programs
business, and demonstrate your
to encourage repeat purchases.
ability to repay the loan.
Rearrange merchandise to make
10) Consider an LLC. As
it appear fresh, and provide a
a sole proprietor, you are per-
fresh customer experience.
sonally liable for the debts and
liabilities of your business. A
corporation or limited liability
corporation (LLC) protects your
personal assets and property.
You can register your business
as a separate legal entity.
For more information, click
on: www.SCORE.org. ■
Visit IndependentRetailer.com,
For Today’s Business News & Updates.
7) Network to build buzz
Visit Our Online Catalog & Purchase From
and referrals. Join groups that
Over 600 Products & New Arrivals Monthly!
represent your clients. If you
don’t have the money to join
www.blgiftsimports.com
an association, offer to donate
We carry a wide selection of Polyresin figurines such as
your services. Take advantage Dragons,Wizards, Angels, Wildlife, and Southwestern items.
of social gatherings, commit-
Our inventory contains other popular items such
as dolls, lawn and garden as well as seasonal items.
tee appointments, membership
meetings and networking
events. Each meeting is an op-
portunity for referrals.
8) Track your cash fl ow.
The one thing all businesses
need is cash. Ensure that you
collect receivables within 30 LOW
We warehouse
MINIMUM ORDER
our own merchandise
days. Monitor invoices. Pay buy by the piece or no middlemen!
save by the case
early when you get a discount.
Always keep an eye on your
cash. Prepare cash fl ow re-
BL Gifts Imports ~ 814-632-3137
ports so you understand your
Email info@blgiftsonline.com

cash needs.
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9) Plan for fi nancing suc-
INDEPENDENTRETAILER.COM for Industry News & Updates March 2010 83
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