Wednesday, May 15, 2013

Getting the Most Out Of SEO


There you are, finally ready to launch your online business. You went through weeks of planning with a web designer and got everything worked out and tested.

Then, finally, your website goes live. And you wait. And wait.

Where are the customers? Where's the traffic? That's when you'll hear the word SEO for the first time. It's a word you should make your new best friend!

Search Engine Optimization is what can put your site at the top of search page rankings. But how can you get those high rankings? Fortunately, there are many wonderful resources available online to help you beef up your SEO. The goal is to choose the right SEO services and make sure that you get the value for your marketing money.

Here's what a good SEO company should be providing:


Knowledge and tools to research strong keywords. Everything starts with the keywords. This is what the typical customer will use to type into the search engines. Finding the right combination of keywords is, well, key. Keywords or phrases should be based on your understanding of your customers’ buying cycle. A comprehensive keyword search includes keyword popularity, competitive research and product-related searches. There are some keywords that appear to rank high but might make no sense in terms of being added to content. Your SEO expert needs to decipher the difference.


Ability to create engaging copy. Once you've got the keywords locked down you then have to fold them into your content. This is what will be picked up by the search engines. Working them into headlines is easy but it's the copy that really matters. Search engines are becoming extremely sophisticated - they can sniff out "spam copy" and penalize you for it. Don't depend on an IT guy crunching algorithms or a web designer to be able to entice your customers with the written word.



Up-to-date information. Google is still the reigning champ of search engines but it is getting plenty of competition from rivals Bing, Yahoo and a whole range of other players. Your SEO expert needs to be on top of all of the search engine parameters because they are constantly being upgraded. You want someone who will be staying far ahead of the technology curve. Ask them when the latest update to a search engine was and have them explain to you how it can affect your website. 



As you look for an SEO expert don't hesitate to shop around to find one that best suits your needs. Obviously, you should start with the ones that have the highest rankings themselves. You know they're doing something right.


Tuesday, May 14, 2013

How Twilio Will Change the Telecommunications Industry


Twilio has quickly become the newest darling among the communications investors. The cloud communications company is reinventing telecom by merging the worlds of cloud computing, web services and telecommunications.

Using Twilio's cloud-hosted API, developers can build software apps that integrate an operator's telephony infrastructure with Web apps. It bridges the old world with the new, and it lets developers interact with voice calls, send text messages, and add IP voice communications into their mobile or Web apps.

Simply put, it's changing the way businesses handle their telecommunication needs because the infrastructure offered by Twilio is allowing web programmers to integrate real-time phone calls across a wide range of platform applications.

For developers it all comes down to a matter of exploiting open source programming which many companies are finding remarkable benefits from.

Pay-As-You-Go

One of the most beneficial ways that Twilio is transforming the telecommunications industry is with its Pay-As-You-Go pricing structure. Under these terms a customer pays for the amount of cloud space capacity they need in the moment. In other words, there isn't any waste paying for extra storage or data compilation space when you don't need it.

Because Twilio's cloud solution eliminates programming, operational and contract hassles rapid growth is easier to come by. There won't be trouble with traffic spikes which is exactly what every company is hoping for. Twilio scales usage in both directions whether you experience highs or lows in your traffic.

Reducing the Learning Curve

Twilio cuts back on the learning curve needed to build out dependable voice communications applications. Think of this as "if it's not broke, don't fix it" approach to programming. Twilio is enabling developers to integrate business communication, VoIP and messaging right into web, desktop and mobile software applications.

There is no longer a need for a startup developer to square off against the telecom giants to help with the testing and developing phase of their products.

Bridging the Gap

Twilio is bridging the gap for software developers to create new communication applications without the burdens of complexity and expense that might have proven to be a hindrance just a few years ago. This puts Twilio on the forefront of helping development quickly move on ideas that can be the most benefit to the end users. It is this kind of direct and rapid response to the development process in the cloud which is making Twilio the go to source for a wide range of mobile communication applications. 

Thursday, May 9, 2013

Avoiding Legal Issues When Selecting a Company Name


What's in a name?

For a company it could be everything. The name is the first introduction you have to your future customers. It's a way of building a brand and can matter a lot when it comes to establishing a foothold in the marketplace.

Think of it as planting your flag in the corporate world. The hitch is, if somebody got there before you, you'll be sent back to the drawing board.

The Legalities

The first legal issue is to make sure your proposed company name isn't already being used by another company. When you file articles of incorporation you are looking to qualify to do business and that begins with your company name. In other words, you can't open up a retail store and call it Target.

For instance, your Widget Inc. could survive as Widget Enterprises Inc. You should be cautioned not to pick a name that is too closely associated with a thriving business. That will get you into trademark trouble.

This is why many corporations often use a family name as the "umbrella" under which many other businesses can be created. You are able to perform a search for your business name beforehand to ensure that it is available. You might find that adding descriptive qualifiers can help if the name you want is similar to another.

The Trademark Issue

Right now, somewhere in the world, there is a trademark infringement lawyer preparing a lawsuit. Businesses who have spent millions on developing a brand and setting up a loyal customer base don't want that all their efforts ruined by some cheeky competitor.

Consider this the rule of the "Mc."

McDonald's has done a great marketing job of associating its products with the "Mc" surname. McNuggets, McWraps, McBites, McChicken, McFlurry... you name it and they put a "Mc" in front of it.

You could come along and have a carpet cleaning business that you want to call McCleaner and McDonalds would be well within their rights to haul you into court with a "cease and desist" order mentioning that your "Mc" is diluting their "Mc" brand. And because their "Mc" is first, you will lose.

Don't think that you can get away with a name that might be close to a company with a low profile. All they would need to do is serve you with a lawsuit and your entire business can come to a screeching halt.

Wednesday, May 8, 2013

DreamWorks Buys YouTube Channel for $33 Million


The popular kid's YouTube channel  AwesomenessTV was recently bought by DreamWorks for a hefty $33 million.

Never heard of AwesomenessTV?

Chances are if you have a youngster in the house with access to YouTube they know all about Awesomeness.

This is a distinct YouTube channel with 500,000 subscribers. It's kind of like an online version of Nickelodeon that with great video content. Now all the DreamWorks characters from such features as Shrek, Kung Fu Panda and How To Train Your Dragon will have a steady outlet. It's the perfect cross promotion for future releases and merchandise. This is the first purchase of a single YouTube channel to a major media company.

"AwesomenessTV is one of the fastest growing content channels on the internet today and our acquisition of this groundbreaking venture will bring incredible momentum to our digital strategy," said DreamWorks Animation CEO Jeffrey Katzenberg.


This deal is all the more awesome considering that this channel has only been up and running for two years. All of this points out the growing important of online video content. Consider these factoids:

  • A Cisco Systems survey finds that 40% of all consumer internet traffic is for online videos. They predict that number will reach 62% by 2015.

  • YouTube receives close to 3 billion views per day. That equals to about half the world's entire population watching a video at least once a day.

  • Comscore.com has found that within the past year there was a 66% increase of video viewing on mobile platforms such as Smartphones and pads.


How can you put this power to work for your company? Obviously you have to consider adding video content to your company website. Those videos can simultaneously be uploaded to your own YouTube channel for cross promotion. Here are some thoughts about making a valuable video.

Give it a purpose. Before you think of putting anything on tape, think about why you're doing this. Do you need to introduce a new product? Are you providing helpful "how to?" Are you hoping to drive traffic to your company's online store? All of the above? Work out your strategy because that will inform every decision you make.

Tell a story. Your online video might not become a blockbuster like "Iron Man 3" but you still want to have a strong beginning, middle and end even if you're merely demonstrating how to plant a tomato garden. Try not to present information in a static way. Think of all that you're competing against that is already online. Make your video entertaining.

Get the right pace. Most experts will tell you that a three-minute video is the optimum time. There are some circumstances where you need more time to tell your "story" but be aware of the limited attention span of all your potential viewers. There is just too much else to do on line.

Strive for quality. You know when something looks cheap. That's what you want to avoid. Thankfully, technology has allowed us to shoot and edit high-end videos right on our phone. The key is not to rush. If something looks or sounds cheesy, how do you think that will reflect on your company?

The hope is to go viral with your company video. That way you get tons of marketing for free. Start paying attention to other company videos and what is deemed viral.

How can you utilize those ideas for your video? Who knows? You might just be creating the next YouTube sensation! 


Tuesday, May 7, 2013

Issuing Shares for Your Corporation


If you are approaching the phase of your business where incorporation is the next move then congratulations!

This is a positive step towards expanding your business and bringing in an infusion of cash.

Every province will have their own distinct set of rules for articles of incorporation. Some of these "zones" are more corporation friendly than other regions. No matter where you land, you'll more than likely be required to write up bylaws, explain the roles on your board of directors and their responsibilities and issue stock.

Questions such as: how many shares should be authorized for an incorporation? Who should be listed as officers and directors? How many shares should be created?

You'll have to look at the big picture of your business for the right answer.

Millions of Shares

Every single stock certificate represents a piece of the company. The owner of that stock is entitled to a dividend based on the stock's performance and the amount of stocks they own. A typical offering of common stock could be anywhere between 10 to 15 million shares.

You can break this down as 8 million shares divided among the founders and 2 million shares for an option pool. The rest can be held in reserved and released down the road. Whatever amount you settle on for the initial release you have to stick to the number.

If you want to increase the amount of shares available that will have to be put to a vote by the board of directors and shareholders because they are all now part-owners.

That first number of shares is also important when you are considering offering them as employee incentives. In other words, you don't want to give everything away all at once and you want to make the incentive large enough to attract good talent.

Stocks for the Small Business Owner

Set aside the headline grabbing IPOs like Facebook or Yahoo. The typical startup can have a stock price share beginning at around $15. Add them up to 20 million shares and you've got a $300 million market cap. That would be an extremely successful IPO launch. It also allows for plenty of buffer room that can prevent stocks from splitting at the time of the launch.

From a small business perspective, you can incorporate your company and issue a single share of stock. Keep in mind that the more shares you do end up issuing the more you'll pay in corporation filing fees.

Before making that call, plot out where you see your business in 5, 10 and 20 years from now. If it's just going to be you and your family running things you might not need to go big. However, if you're goal is to go global, let your stock offering reflect that plan.

For more information on shares, articles of incorporation, and how to incorporate your business in Canada, please visit our website.

Thursday, May 2, 2013

Gender Diversity is Important for Your Corporate Board


Ideally, the best corporate board for a given company would be one that is diverse. Hiring board members with the same background and education could find your company "stuck” and unable to draw from variety of experiences.

When it comes to gender diversity, a recent study supports the idea that women who are corporate board members tend to be more open to new ideas than their male cohorts. So, does this make women on corporate boards better than men?

And the survey says…

The International Journal of Business Governance and Ethics put up the survey that polled 624 board directors from all across the Canadian business sphere. The breakdown of those surveyed ranged from 75% male and 25% female. According to the results women were cited as being "more likely to use co-operation, collaboration and consensus building" when presented with the task of problem solving. Across the boardroom, the men were found to come up with their solutions by "using rules, regulations and traditional ways of doing business."

Chris Bart is a professor of strategic management at the DeGroote School of Business at McMaster University and a co-author of the study. Upon reviewing the results he concluded that "The way women operate as directors often contributed to a company’s success, raising the question of why women are still in the minority in Canada’s corporate boardrooms. Why would governance, nominating committees and board chairs not want to have that skill set, that competence available to them in abundance?” asked Bart.

Here are some other qualities found from the women board members who took part in the study:


  • Women were less constrained in their problem-solving skills
  • More likely to take into account the interest of a wider range of company stakeholders
  • Considered fairness an "important factor" in decision making process
  • Women are more inquisitive
  • Can see more possible outcomes to situation


As for the men who participated in the study, Bart found that, "The old boys club culture is still alive and well in corporate boardrooms across all sectors. Men are pack animals and they are very much quick to recognize the hierarchy of the alpha males in the group,” he said upon the report's release. “They would be very unhappy with people coming in with different values or views to the board.”

Can you look at your corporate board and say it is as diverse as it can be? It might be time to consider shaking things up especially if your business has hit a wall. Nothing like "fresh thinking" to put a company back on track on the road to success. 

Wednesday, May 1, 2013

How to Make the Most of Your Conference


Are you thinking about attending an upcoming conference or trade show related to your industry?

 Stop thinking and book your flight. Attending these types of events can be a big boost to your business. You know how important networking is to your success, right? Then why not go to the place where you can do more networking in 48 hours than the rest of the year? Before locking down your travel plans, you should take in these tips on how to make the most of every conference you attend.

Leave room for face to face meetings.

If the conference is happening in your hometown then you're golden. However, if you have to fly to a destination then leave yourself some room before and after the conference for potential meetings. It would be horrible if you make a good connection, start working on a deal and then have to run off the catch a plane. Best-case scenario: fill up your free day with meetings. Worst-case scenario: you get a day off to explore a new town. Actually, that's not so bad!

Set your target meet and greets.

The majority of well-established conferences will post a list of attendees in advance of the dates. This is a terrific marketing ploy but if there is no list, there will still be plenty of buzz. Head over to Twitter or LinkedIn to see who else is talking about going to the conference. You should get a sense of the roster of attendees. As you gather up the names, make a target list of who you'd like to "bump into." If you're following them on social media, let them know you'll be at the same conference. It's all about being proactive.

Lend a helping hand.

Don't just wait for someone to make a networking connection for you. Get out there and help others with their connection. Think back to your days as a young lad trading baseball cards. When you made a decent trade you were rewarded down the road. Same thing with business contacts. Being stingy with who you know won't get you very far.

Map out your day.

You should have a list of the conference day's events well in advance of your arrival. Figure out which of the talks is top of your "must-see" list. Plug those into your schedule then put together the "second-string" events. Make sure you also schedule in the cocktail parties and other networking opportunities. Don't just show up and wander the halls looking for a crowded room.

Make friends with the presenters.

No matter who is speaking at the conference, they are going to want feedback. Right after their talk they might be swarmed or whisked away. It's a safe bet that they are on Twitter. Send them a Tweet telling how much you enjoyed their talk. If the door is open, ask a follow up question. Before you know it you've added an all-star to your network! 

Tuesday, April 30, 2013

How to Deal With Freelance Employee Contracts


Today, every online business has the potential for global reach. On top of selling products to customers around the world, we can also hire people to work for us, regardless of their location!

Freelance employees can fill the gaps needed by a company who require to have temporary or short contract work completed within a specified timeframe. Even though a freelancer can work for your company for several years, it doesn't make them a full-time employee that gets all the perks. The freelance worker is typically someone who might be working offsite and easily reachable online. That means the company doesn't have to expand their office space to assimilate more workers.

It's a win/win all around.

Types of Freelance Workers

Before you consider hiring a freelance employee, you'll need to understand the different types of workers and the contracts required. The different categories of freelancers are:

Independent Contractors: The United States Internal Revenue Service describes independent contractors as someone that you as the employer, "have the right to control or direct only the result of the work done by an independent contractor, and not the means and methods of accomplishing the result." In other words, you assign an independent contractor a task and how they accomplish that task it up to them. They could work on it at midnight or 3:00 p.m.

On-Call Workers: These types of freelancers are called upon only as needed. When a company has an overflow of work that won't require a lot of training, they will use an on-call worker.

Temporary Help Agency Workers: These would be workers hired and paid by a temp agency. As the employer you would pay the temp agency to handle all the screening and interviewing. Basically, you tell the temp agency what you need and they send the employee to you.

Contract Firm Workers: These are workers who are provided by a company contracted specifically for that task. For instance, there could be contract workers as SEO contractors, customer service agents or even social media consultants. For the most part these workers will already be trained in the job. Often contract workers are hired in groups as opposed to the single temp agency worker.

Contract Stipulations

It is vitally important that every type of freelance worker you hire sign a contract. Included in this contract are the specific duties you will require from them, their compensation and deadlines.

Most importantly, you also have to spell out ownership of the actual work. If you hire a freelance graphic designer to rebuild your website, you will own what they create. It can't be used by another company. There are also confidentiality agreements and delivery terms that should be spelled out in the contract. No work should begin without a contract being signed by that freelancer.


Thursday, April 25, 2013

5 Steps to Hiring Inexperienced Candidates


There is a first time for everything. That includes hiring someone to do a job.

If you're lucky, you can find an employee who is well versed with whatever type of task you want them to perform. However, there is often the opportunity to hire an exceptional employee who doesn't have any experience related to your business.

But is it crazy to hire someone without experience?

You might discover that training a new employee from "the ground up" is the best way to get what you want out of that worker. In other words, they're not going to be approaching the job with any bad habits or preconceptions. They are a blank slate. And that can certainly work to your advantage.

Here are five steps to consider when hiring an employee without relevant experience:

Spell out what is expected.

Depending on the job, there might be a training manual or "to do list" approach to the job. This should spell out specifically what is required of that employee. If you need to, create a guide for an employee. It's always better to travel with a map as opposed to just a destination.

Enhance the skillsets.

There is a reason that you're considering hiring a person without experience. They've impressed you with their attitude, prior successes and possibly related skillsets. It has often been said that a good sales person can sell anything. Just because you're selling cars, but are hiring a top vacuum cleaner sales person, doesn't mean you won't come out on top. Play to that person's strengths and build on that.

Consider their complete resume.

Someone without a lot of experience on their resume could have other areas where they have excelled. These unique experiences can indicate how they'll perform on your team. For instance, a person who has spent a lot of time doing charity work could be a natural fit for customer service. Someone who was in the military will understand how to follow orders and have discipline. When it comes to resumes, go deep!

Put them to the test.

Captain Kirk was famous for reprogramming a "no-win" scenario test. He got a commendation for original thinking. You should try to find a way to put your prospective hire to the same kind of test. This doesn't mean building a starship simulator, but you can probably come up with a challenging test to see how they might problem solve. The best result would have them asking for help instead of trying to do something on their own and failing.

Put them on probation.

You're taking a risk by hiring a new employee without experience. They should know that up front. There is nothing wrong with putting that employee on a probationary period. Just don't make it a double-secret probation. They should know they are being watched and their job is on the line. 

Wednesday, April 24, 2013

Changing the Online Advertising Business Model


The recent flameout of Facebook's introduction to the stock market should be a cautionary tale to any online
business. One the main reasons that the Facebook stock tanked was that days before they went public, GM pulled its advertising because they weren't getting a return on their investment.

This sent a shock wave throughout all corners of e-commerce cyberspace. How can you not benefit from having access to over a billion Facebook users?

The answer is simple: The online advertising business model doesn't always work... and it shouldn't be the main business model for your startup.

The Big Fail

On many levels, the fail of online advertising is paralleling the fail of traditional television advertising. Thanks to DVRs, viewers are able to zap through commercials with ease. There are even devices being specifically marketed that will "hop" over commercials.

Naturally, this has the broadcast networks in an uproar. How can they justify ad rates if no one is watching the ads?

The same thing is happening online.

When a user logs on they're on a mission. They have a specific activity they are engaging in whether that's sending an email, playing a game or checking their friend’s newsfeed. More than anything, the internet is becoming a social networking site that is equal parts global and local community based.

Anyone who is spending their free time on the internet doesn't want to be advertised to.

A New Way to Brand

Foisting a message onto an internet user who hasn't asked for that message is destined to fail.

Why?

Because we don't need a message we can find for ourselves. A company brand can no longer be built by specific messaging alone.

It will be built by the number of "likes" on a Facebook page or amount of Twitter followers. Now that everyone gets to share their opinions on places like Yelp, a good review is often more important than a traditional ad.

We share what we like and that's how the popularity of a product, a movie, a book or a restaurant grows.


Finding Information in the Cyber Age

The greatest tool on the internet is also the great undoing of the advertising model. That would be the search engine. Whether you are a fan of Google, Bing, Chrome or any other search engine, we know how to get information.

If you want to shop for a new car, a pair of shoes, an appliance or just about anything else, the first stop will always be a search engine. The next stop could be one of the many review sites such as Yelp or Consumer Reports.

Nowhere in that search is advertising needed or wanted. We're becoming a society of information gatherers. That's good for the consumer but not so good for the business, unless they find a way to improve their search engine rankings.

We're also becoming very sophisticated when it comes to blocking or ignoring ads. Don't want a re-targeting pop-up ad? No problem... just delete your cookie history.

The more advertisers try to insert their messages the more the Internet user will find a way to block the ads.

Build Out the Social Network

So, what is a hapless company supposed to do to find new customers? Don't fight the internet but put it to work for your brand. If this is a social medium then find a way to engage your customer base by starting a conversation.

Suppose you're selling a cleaning product. Perhaps you can start a conversation by asking folks "What's the worst mess you've ever had to clean up?" That's not selling your product directly but allowing folks to join in on a conversation.

Once they are engaged they can be invited to try the product. In other words, think less about reaching the masses with a single message and instead redirecting that message as part of a two-way conversation. That's the power of social media networking.