Business Tutorial and Video Resources

How Lists of Business Owners Can Help Your Business

While most business owners understand the importance of marketing, few really understand the true value of having readily available lists of business owners at their disposal. In many cases, most people would dismiss such a list as being useless in contributing to the growth of a business. Yet, such a view is rather short-sighted. In most cases, readily available lists of business owners contribute to the growth of a company in a degree comparable to the use of aggressive marketing techniques. We provide you with some ways that lists of business owners can help your business.

A list of business owners allows you to expand your business contacts to a considerable extent. This is important especially in terms of the referrals which other business owners can provide. Referrals have often been touted as being one of the most effective methods of marketing. Given such, you could explore the possibilities of gaining referrals to your business by offering a proposal to other business owners. If you are dealing with a business owner from a complementary line of trade, you could offer him a small fee for every client referred to you. For instance, if you are running a car workshop, you could offer a fee to gas station owners who recommend your service to their customers. Such a form of referral would ultimately prove to be extremely useful as you would be able to generate greater sales leads for your business.

In addition, such a list would allow you to manage your business with greater effectiveness. With vital information such as the company’s core business and sales volume figures, you would now be in a better position to gauge the prices of various factor inputs offered by other business owners. You would then be able to source out the best quality products needed for your business at the most affordable price. This would result in greater profitability and effectiveness in terms of operational and financial management when running your business.

Furthermore, a list of business owners at hand would provide you with the necessary leads where the expansion of your current business is concerned. You would be able to target companies engaged in businesses that you would like to acquire. Subsequently, being able to target specific information provided on these lists, you would then be able to send out proposals for merger and acquisition possibilities. More often than not, it is more productive and cost effective to buy an existing business compared to starting a new business. Thus, a list of business owners would come about to be extremely handy should you be interested in establishing a new line of business for your company or simply interested on expanding your company’s scale of production.

Clearly, the advantages of a business owners list are obvious. The advantages listed above are by no means exhaustive. It is indeed up to your own experience and creativity to make use of the information provided in business lists to achieve the desired level of growth in your business.

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18 Responses to “How Lists of Business Owners Can Help Your Business”

  1. NissaJ

    on April 11 2010

    1. Type of business: Small Business Consulting: business plan training, critiqueing; tax education; startup/expansion consulting.
    2. How started: graduated from a local Microenterprise development program sponsored by Community Action Agency and then acquired the contract to provide the training for it
    3. No financing needed, minimal marketing budget. I have a background in tax preparation and bookkeeping and in operating small businesses.
    4. Business Plans – no page limit on them, each one is unique to the owner but all must contain: Business description, Organization Plan, Marketing Plan, and Financial Plan.
    5. Business Name is Smith Small Business Development

  2. guzen

    on April 11 2010

    Visit our channel for info on how to get a Small Business Loan.

    We have a list of SBA Approved Lenders, get a SBA Loan at low rates with very minimal documentation needed.
    No matter what industry or US region your small biz is in, you can get a Loan
    *
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  3. Soledad

    on April 11 2010

    Corporate espionage

  4. nacao

    on April 11 2010

    very clear explanations

  5. earthlink

    on April 11 2010

    Excellent Video ! Its great seeing someone else having online success. If YOU ever want to learn how I make thousands a week online; Contact me thru my Channel. Thanks Again !

  6. Missy

    on April 11 2010

    You should study more instead of asking people. They can give you the wrong answers and give you very made grades/ reports. You don't learn from others only you who listens.

  7. Tyler

    on April 11 2010

    good qustion

  8. Evelyn

    on April 11 2010

  9. *Emmy*J* <3

    on April 12 2010

    You are supposed to use a search engine to find all of these items for your hunt. Google or Yahoo will work nicely. You are NOT supposed to have us do this for you. This is a Homework HELP site not a homework DO site.

  10. hrcdrc

    on April 12 2010

    As an Amway business owner and the owner of a number of other businesses, that it is unlikely that you'll succeed at it if you're over-stressed. What's more, due to it's very nature, if you don't succeed at it, then your "mentor" gets no benefit either.

    The key thing to remember is that it is your business, not your uplines or downlines or anyone else. If you feel you need a break, then take a break! The great thing about Amway is that it's not going away. You can maintain your membership, buy whatever products you want, or not, for as long as you want. I've just taken an 8 yr break with my Amway business due to stress from another business!

    Now, if the problem is primarily financial stress, perhaps from buying BSM (business support materials such as books/Cds/seminars) then sit down with your upline, be 100% honest and tell him what you're saying here – you simply can't afford it right now. Apart from seminar tickets obviously, there's no reason he can't lend you materials free of charge. If he won't, then keep going upline until you find someone who is sympathetic to your situation and will help you.

    Personally I found Amway-related training materials great input for me while I was building other businesses, you may find the same. Remember though, it's your life and your business, you make the decisions. Sometimes that requires hurting others.

    So, in summary, Amway's not something you have to either quit or give 110% to, there's other possibilities. Talk honestly to your mentor – if you don't feel you can, then he's not the right mentor for you. Try speaking to someone upline until you find someone you connect with. If you'd like more advice, feel free to come chat on http://www.amwaytalk.com

  11. tplove13

    on April 12 2010

    Question 1:
    False – sometimes emotional appeal is the smartest strategy!

    Question 2:
    False – a paradox is a massive circular contradiction

    Question 3:
    -The statement is simple and direct – explicit means simple and direct

    Question 4:
    -Businesses advertised in the newspaper have reported a 25% increase in revenue – show them concrete results

    Question 5:
    -Create a to-do list that prioritizes the tasks you must accomplish – it's highly efficient

    The last option would work, too, but it's very general

  12. psychic

    on April 13 2010

    Very informative and very well explained.

  13. LeeLee22

    on April 13 2010

  14. rails

    on April 13 2010

    The point was well explained,

    Learned something today,

    Thanks for sharing this,
    Dawn Mendonca

  15. corpo

    on April 13 2010

    It’s his son…

  16. jpro

    on April 14 2010

    anyone else see a resemblance between our friend here Matt Cutts & Joel Comm:)???

  17. urbantool

    on April 14 2010

    Great vid !! What he said about having a transcript of the spoken words in your Description section for search engine optimization – we do this service – check out our vid on this !!

  18. truth

    on April 14 2010

    check out my channel to view my video to get your small business a high tech edge over your competition with your own custom website! only $100!

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