Archive for » November, 2008 «

Friday, November 28th, 2008 | Author: Debbie Horovitch

SAVINGS, ESPECIALLY FOR SMALL BUSINESSES WHO HAVE ACCUMULATED A FEW REWARDS POINTS

My natural frugality is coming to whole new levels as I encourage creative resourcefulness to obtain 100% points-paid gift cards.  

After 20 minutes of paperwork sifting & sorting, I managed to locate my Airmiles rewards card and statement, confirming a little bit under 1,500 Airmiles.  Not enough for a flight anywhere, or even any cool electronics like a small iPod, but I was thrilled to select:

  • 3 x $25 Cara gift cards (Swiss Chalet, Harvey’s, Montana’s)
  • 1 x $50 Gap gift card
  • 2 x $20 Second Cup gift cards 
  • 1 x $25 Starbucks gift card

A few quick clicks on airmiles.ca and less than a week later, $170 worth of gift cards arrived in my mailbox. 

Especially if you don’t often collect Airmiles, only amassing small amounts in balance, I think there’s never been a better time to spend those points on rewards and cross a few names off your holiday list, without paying hard-earned cash.

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Saturday, November 22nd, 2008 | Author: Debbie Horovitch

A new category in the Resources Page (which grows continuously… it’s becoming my online, high-value,active rolodex), with a brand new link & business opportunity to try out:

ONLINE NETWORKING:

Suite 101 - Freelance writing gigs online for experts on ANY subject; I’ll be joining, as soon as I have been accepted (I’m aiming for early December, but who can tell), and will post on the experience

H.A.R.O. - Help A Reporter Out is free for business owners and people who have opinions to share - you’ll get 2-3 emails daily with a list of reporters and highlights of the articles they are working/who they’re looking to contact.  You can respond to them if you have something relevant to contribute.  Including HARO as part of your daily marketing activities continuously creates new new routes of online traffic & links that your business can enjoy, a benefit of being included in online/offline journalist’s reports

Saturday, November 15th, 2008 | Author: Debbie Horovitch

START YOUR OWN BLOGGING BUSINESS, ENTREPRENEUR PRESS AND J.S. MACDOUGALL, 2007

I’ve read three blogging books so far and this is one of the better books - more than the others, possibly because it was published more recently, so it speaks to people who at least read a few blogs and are not entirely foreign to how they work.

Here are a few of the most valuable links I found included in the book.  For my complete list of links & recommendations, email me or grab a copy of the book for yourself here, or through your local library (I borrowed mine from Toronto Public Library).

FREE Blog Aggregators, to help build your blog’s audience:

  1. Technorati
  2. Blog Explosion
  3. Weblogs
Affiliate Programs, to earn a little bit of money from ads on your site:
  1. Linkshare
  2. ClickBank
  3. Commission Junction
  4. Amazon Associates 
  5. Chapters Indigo

Want to sell advertising on your blog?  It will be more difficult now given that economic downturns often mean shrinking ad budgets, so a media kit prepared to showcase your blog best (audience) features, so include in your media kit:

  1. Blog overall description and details of topics, milestones , awards and honors as a business
  2. Audience: Age range, gender, location, occupation, annual salary, etc. 

     To get specific info on your readers can be challenging, so you may want hire a Survey company:

Wednesday, November 12th, 2008 | Author: Debbie Horovitch

TREEHUGGER SUGGESTS GREEN BUSINESSES THAT COULD SUCCEED, EVEN IN A RECESSION

Even though economic uncertainty makes it seen like all businesses are failing, many in the green sector are not, and some are even taking advantage of their sustainability activities to cut energy costs further, letting them save money and contribute to saving the planet at the same time.

Although green business supplies and hardware historically cost significantly more than regular supplies, the important first step is to:

  1. REDUCE WASTE and SAVE MONEY- turn the lights down and unplug electronics when not in use. Telecommuting one day a week can save you time and money and provide a new perspective on project objectives and challenges.  Save and reuse paper.  Bring a stainless steel food container and water container to the office to use for any fast food, lunches or sandwiches you eat at the office.
  2. INVEST IN ENERGY-SAVING HARDWARE AND SUPPLIES - Now here’s the key to really saving money: take all the savings from Step 1 and set that money aside to INVEST in carbon-friendly office supplies, energy-saving technologies (like energy efficient power strips that can SAVE YOU $71/year per computer), manufacturing and distribution systems and more. 
  3. ENCOURAGE YOUR SUPPLY CHAIN TO SAVE MONEY AND THE PLANET, AS WELL - let your supply chain know what you are doing, and how it is helping you save money & feel better about your product/service contribution to society.  As your supply chain begins to participate and realize the savings themselves, as a group you’ll be setting a competitive example, giving you a leg up up on the your competition.

If you’ve got the money, why not start out green?  Your long-term operating costs will be much lower than if you didn’t work on being more green.  This is illustrated well in examples from Harvard Business Review’s “Green Business Strategies”.

Want to compare many “smart” power strips available?  Check out our link in the Resources page.

Tuesday, November 11th, 2008 | Author: Debbie Horovitch

THE GREEN-NESS OF YOUR BUSINESS IS A GROWING FACTOR IN MERGERS & ACQUISITIONS

You might not be thinking about Deloitte-sized merger/acquisition offers right now, but if you’re wondering how it is some companies manage to seemingly startup and almost overnight generate a business valuation that encourages M&A opportunties, the tipping point may just be in their sustainability activities.

Not even sure what “sustainability” really means??  I like the simple definition shared in our previous post from Beth Bengston, VP Corporate Responsibility at IMC2 - she describes Sustainability as “Profitably making the world a better place”.

Finally!  Doing business good (in a socially & environmentally responsible manner), has become a financially rewarding activity.  Sustainable profit is the benefit resulting from implementing and maintaining socially & environmentally responsible business systems.  

Sustainable Life Media blogged about a new Deloitte M&A whitepaper that notes “acquiring companies will want to know whether they are taking on sustainability problems or opportunties.

Sustainability has become a financial disclosure issue as well, the report notes. Investors are calling on the Securities and Exchange Commission (SEC) to direct publicly traded companies to fully disclose their financial risks from environmental issues in their annual 10-K filings.

The report offers these recommendations for incorporating green considerations into M&A transactions:

  • Include corporate social responsibility metrics, goals, and targets into the deal valuation process.
  • Consider the potential economic impact of changes on consumer preferences, legislative changes, significant variations in energy prices, and other supplier prices.
  • Plan for evolving regulatory conditions.
  • Engage in a formal alternative future/risk assessment scenario planning exercise.

To download the Deloitte report, “How Green is the Deal? The Growing Role of Sustainability in M&A,” click here (PDF).

To access Deloitte’s online M&A library, click here.

Monday, November 10th, 2008 | Author: Debbie Horovitch

Well said!  

This 3-Minute Ad Age talks to IMC2, who notes that while S&P 100 corporations in Automotive, Forestry and Chemical industries are enthusiastically embracing sustainability, Media and Entertainment companies are falling behind.

I think now is the perfect time for agencies who are looking to improve client relationships to do so by taking control and spearheading our own transition into sustainability.  Agencies who take the lead will enjoy the benefits of generating early industry standards and best practices in:

  • Inventing new agency service offerings, improving client ROI on agency relationships (and vice versa: agencies’ ability to deliver & maintain profitable accounts), through sustainability in both media investments & ad messaging/content
  • Leading development of industry standards transitioning to sustainability; agency as role model
  • More stable financial bottom line for agencies, through sustainability activities of waste reduction to afford investments in sustainable hardware & business sytems
  1. What’s the 1st step?  Sit down and take a good look at your company’s environmental impact and complete a sustainability report.  This will allow you to track your successes and plan future sustainability efforts.
  2. Secondly, engage in the conversation with consumers, clients, vendors and employees - this is really the starting point of action when you’ll learn consumer expectations for accountability and accuracy in reporting.
Especially given the current economic uncertainty, entrepreneurs now have the most compelling reasons to consider sustainability activities to support a more stable financial bottom line (usually, starting with energy savings).