TikTok marketing for small businesses: Best use case (2026)

TikTok marketing for small businesses: Best use case (2026)

TikTok marketing for small businesses: Best use case (2026)

December 06, 2023

Tiktok marketing for small businesses

 Like business owners haven’t had enough on their plates with Instagram, Facebook, Pinterest, Linked In, Youtube, and co., now a new social media has taken over the world by storm. But isn’t TikTok that silly app where people dance? Is it so valuable for marketing?

We’ve asked experts in the field to give you the answers that confuse you when you think of TikTok marketing for small business, and also small business owners who already took their place on TikTok to share their experience and give you first-hand advice on what social media designs that set business trends on TikTok.

First-hand tips for using TikTok marketing for small business

Small business owners agree that with TikTok’s growing popularity, trending content, influencer marketing, and advertising, you will capture an audience and even grow your brand. Although TikTok attracts a young audience, using TikTok marketing for small business can put a spotlight on your brand, as it is the most widely used social platform.

Not sure how to do it? Here is the best first-hand advice you can get, from small business owners who are already down that road. Keep reading to learn from their experience.

Because TikTok’s algorithm heavily rewards momentum, some small businesses experiment with external growth tactics to kickstart engagement. While organic growth should always be the long‑term strategy, creators who feel stuck sometimes look into options like buy TikTok followers to create initial social proof. This doesn’t replace authentic content, but it can make a new account look more established, which may slightly increase profile clicks during the first few weeks of posting. 

Be brief and to the point in your messaging

TikTok is becoming a leading platform for sharing tips, tricks, and reviews of your products and services. We use it because we can connect authentically with followers and can better track the results of those connections.

TikTok lets you be very strategic in your audience targeting and gives smaller advertisers and content creators the same tools as the bigger spenders. My biggest tip to businesses looking to break into using TikTok is to be brief and to-the-point in your messaging.

Rob Freedman, VP of Marketing at Fourlane

Don’t overspend on production

As a platform that places increased emphasis on younger demographics, it is an excellent way to attract 16-24 year-olds to your product or service. However, do not expect an immediate ROI. Rather, use it as another source of validation along the customer acquisition funnel. 

Specifically, small businesses should utilize music to successfully do TikTok marketing for small business. More than anything else, however, don’t spend an extensive amount of your marketing budget on production. The most effective source for TikTok is lo-fi mobile phone videos that are simple, 15-30 seconds, and easy to understand.

Ryan Craver, Co-founder of Mallary by Matthew

Be and look comfortable

We have started using TikTok to market our real estate business, and I would advise those who want to do the same to make sure their content is entertaining. In this competitive space, some may consider options like buying TikTok views to boost visibility, but I believe in organic growth. I post real estate advice videos and virtual tours of celebrity homes.

You need your videos to be shared and liked so that they continue to reach more people. If you look uncomfortable or forced, the content won’t work for TikTok. TikTok is less about refinement and more about personality.

Khari Washington, Owner of 1st United Realty and Mortgag

Collaborate with smaller influencers

TikTok is a large beast that can fail very quickly from a business content perspective. When advertising on TikTok, utilize influencers. Find smaller influencers and partner with them to help promote your products.

B2C does the best when selling on TikTok, it is very difficult to sell B2B on a platform that is dedicated to mainly Gen Z and younger millennials. If you are not interested in partnering with influencers, stick to either content focused on humor or information. Those are the 2 genres that receive the best engagement on TikTok. 

Anthony Santomo, CEO of Gourmet Growth

Post “work in progress” videos

Posting content that shows how you make the products you sell can drastically boost brand awareness. People love to see the work that goes into creating products.

My advice to people just starting out posting on TikTok would be to stay consistent and don’t get discouraged! Shorter videos are liked better by the TikTok algorithm. Don’t take it too seriously and try to post once a day or every other day! Engage with the community you’re in and interact with your followers.

Chloe Sisson, Outreach Coordinator for Zen Media

Host contests and giveaways

We post pictures and videos of our product on TikTok. This content has allowed us to gain followers and build relationships with other businesses. We have also used TikTok to host contests and giveaways with the random people following our account and this has exponentially grown our customer base!

The one piece of advice I would give is to collaborate with TikTok Influencers. You don’t always have to hire the most popular influencers as you can hire micro or nano-influencers who you can partner with to help you get results. These smaller creators may even garner more brand engagement than their larger counterparts.

Sometimes, you may benefit from user-generated content but this will only happen if your business or content is trending. This is why it is important to be very creative while generating content.

Austin Dowse, CEO at Aimvein

Marketing on TikTok with product placement

Product placement with influencers is a special form of advertising for brands that are looking for visibility on TikTok. Unlike traditional ads that interrupt our viewing experience, product placement enables brands to be visible on TikTok in the most “natural” way possible. 

TikTok marketing for small business means you have a chance to create a non-invasive social media strategy, minimize the risk of ad-skipping, and getting the attention of people who may be difficult to reach with conventional advertising.

But as every social media platform has pros and cons, there are some downsides with TikTok as well. Unfortunately, finding the right TikTok influencers to work with can be difficult and TikTok’s dominantly young audience might not be appealing for some brands.

So before spending your time creating your marketing strategy, or agree to collaborate with an influencer, do your research well so you will maximize your chances to achieve the desired results.

TikTok marketing for small businesses can be incredibly effective, especially for those targeting younger audiences like Generation Z and Millennials. The platform’s emphasis on trends, viral content, and authentic, lo-fi videos makes it a unique and powerful tool for brand visibility. However, it’s important to be aware of TikTok disadvantages, particularly its sketchy privacy and safety controls. These concerns have led to bans in some countries and companies, making it essential for businesses to weigh the risks before fully committing to a TikTok marketing strategy. Understanding these potential drawbacks allows you to make informed decisions and take necessary precautions when using the platform.

Charles Bisaillon, Founder of TikTokPlacement 

When using TikTok marketing for small business, content is king

We already know how effective video marketing for small businesses is, but not every brand has the resources to create professional video content.

Therefore, the most amazing part is that TikTok is the new home of homemade vertical video, and as a result, your content does not have to look professionally produced in the same way that a traditional ad would. You can see what type of content is popular by using the ‘Discover’ feature, to check out trending content. 

As with other platforms, hashtags are also a key way of getting your posts in front of the relevant audience – pick three or four pertinent hashtags and don’t go overboard here. If you bandwagon the most popular hashtags but your video is irrelevant, it’ll be ignored, and looked upon unfavorably by the algorithm.

Reece Halkett, Digital Marketing Manager at Better Agency

Is TikTok advertising worth it?

Social media platforms, when they’re in earlier stages of development, are a bit like the Wild West. The rules are less clear-cut, and businesses can get away with more for less. Of course, over time, the Wild West gets developed, and there becomes a lot more of a structured, codified way of existing and marketing on the platform. TikTok is in the middle of this transition. 

What this means is that there are some routes that can provide major ROI and others that might completely fail. It’s entirely dependent on the business and how it exists on the platform. There are routes like traditional advertising, which places ads in users’ feeds similar to Instagram. These are great for lower-funnel KPIs, where the intent is to drive purchases on specific products. 

So, if you choose TikTok advertising besides the organic social media marketing, is entirely worth it as long as you have at least a few hundred dollars in marketing budget to test and learn. Perhaps more than any other platform, the creative execution of the ads is extremely important, as younger generations are increasingly more adept at tuning out — and calling out — brands who act (and are) out of touch. 

As with all advertising and marketing services, it, of course, helps to hire an outside expert to execute on the platform if you’re able to afford it. If not, simply learning more about the platform and its potential can get you started. In no time, TikTok will be as essential to your marketing spend as Facebook and Instagram. 

Sam Hoffman, Freelance TikTok consultant

The 3 golden rules for TikTok Marketing

TikTok brings a lot of opportunity and visibility for businesses, especially the B2C ones. If done right, TikTok can even be a launching platform where someone can test an idea and have a community before they even have something to offer.

This is what happened to my project, I started TikTok before I had anything to sell, grew my account to 170k followers, then started to monetize it.

Here are 3 tips for businesses on TikTok:

Don’t rush it!

TikTok is a new way of communicating, this is why you should take the time to understand it before posting. In order to gain visibility, you must adapt your content. Reusing an old marketing video might not fit. Spend a few hours just observing, scrolling the for you page.

It’s not Instagram

People want the entertainment, the “quick win”, to have fun or learn something. Showing off isn’t enough, you need to bring value.

Follow the trend

Keep an eye on what’s trending and adapt it to you. Don’t be scared to dance or be silly, this is your chance to show your human side. Do challenges, use the viral songs, but make sure TikTok owns the right or it’s free to use.

Claire-Lise Laplace, freelance TikTok consultant

Conclusion

All in all, TikTok marketing for small business has proven extremely effective for B2C businesses whose target audience are generations Z and Y. So if you have the dance moves and don’t mind showing your humorous side, this platform is perfect for you.

However, you should take into consideration that TikTok’s sketchy privacy and safety controls and practices are the reason why many companies and countries have banned it.

 

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How to be a good boss: 12 tips from experts (2026)

How to be a good boss: 12 tips from experts (2026)

How to be a good boss: 12 tips from experts (2026)

November 29, 2023

How to be a good boss

Imagine being the boss everyone admires and respects – it’s an aspiration many in leadership roles strive for. Yet, the path to becoming a truly great boss is often shrouded in uncertainty. It’s a common misconception that being at the helm means you’ve got it all figured out. The truth is, even the most seasoned leaders can inadvertently slip into less-than-ideal management practices, especially in the absence of constructive feedback and insightful guidance.

Don’t worry. Even though no one is perfect, everyone can always try to do and be better in the future. But in order to do that, first we must know what better actually is. And although there isn’t a guide on how to be a good boss, there sure are people who figured out pieces of this puzzle.

Jump directly to:

 1. Be supportive

 2. Have clear vision

 3. Listen

 4. Be patient

 5. Trust your employees

 6. Give feedback

 7. Be decisive

 8. Share the credit

 9. Offer mentorship

 10. Be empatic

 11. Be open for communication

 12. Reward your employees

12 steps to being a better boss

Being a better boss tomorrow is often easier said than done, but you have us. We searched the globe and managed to find the best advice on how to be a better boss from people who are indeed bosses themselves.

As experts in this field, they all shared the most important things you must do in the name of being a good boss. And don’t be so sure that you know what they are, keep reading. Most of them will surprise you. That’s a guarantee.

Be supportive

Employees are people, and they can make mistakes. How you handle mishaps reveals who you are as a boss. If you are asking yourself how to be a good boss – recognize that employees benefit from support and mentorship, but most of them are more likely to use a reward/punishment scheme to deter bad conduct. 

If an employee excels in a particular field, the talent should be recognized and grown. The ability to harness the strengths of others to accomplish a shared purpose is one of the most important qualities of a successful boss. 

It’s important to take care of each employee’s strengths and weaknesses and guide them individually. Rather than targeting skill gaps, focus on filling them by guiding employees through their flaws and increasing their confidence in new areas.

Pranchil Murray, Head of Customer Success at Malwarefox

Have a clear vision

Well, I believe that being a good boss requires having a clear vision. A boss’s ability to successfully lead his or her team depends on having a clear view of what they want to do at work and where they want their team to go.

A good boss is someone who guides a group of people in the same direction, whether that direction is towards getting more customers or increasing sales volume. If you want to know how to be a better boss, first you must understand the big picture of the organization, including its vision, purpose, and strategic objectives, before determining how your unit, department, or team fits into the overall company vision.

Jason McMahon, Digital Strategist at Bambrick

Listen

As a leader, I give direction, ask the right questions and make the final decision. The rest of the time I’m listening. I listen to problems and suggestions, I listen to everyone’s opinion so that their voices are heard, I listen to their own problems so that they know that someone cares about them. By doing this my employees feel they are important in their role and to the company. This brings positive energy to the company and everyone works happily in the company, which adds to maintaining a positive brand reputation because your employees are your company’s greatest brand ambassadors.

YY Lee, Director of Zoewebs

Listening to your employees not only when there’s a problem, but even just to connect with them is being a good boss. It sounds simple, but even just having a more meaningful connection with employees in that sense builds trust, loyalty to the company, and builds brand and company culture.

Employees want to put more effort in with bosses who are passionate about all aspects of the business, including employees.

Elliot Kim, Co-Founder and Finance and Operations Head at Brevitē

Be patient

Being a good boss must entail having patience. I’ve learned that the more patience I have, the faster things seem to happen and with higher quality. Breathing down someone’s neck to get the status of something is not going to help them finish the task at hand any faster — in fact, it will slow them down.

In the times when I know I’ve done this, I later realized it wasn’t a problem with the team member, but rather it was a lack of communication or expectation setting on my end. I’ve learned over the years that having patience invokes my team members’ trust and confidence in me as the boss, and allows them the space to perform better.

Greg Berry, Founder and CEO of Municibid

Trust your employees

Give your employees trust from the start and do not make them earn your trust. By doing this, you are being a better boss and you are empowering your employees to demonstrate that they are individuals, with unique ideas and perspectives to add to the company that feels the freedom to be independent thinkers and not micro-managed.

If an employee feels like they are walking on eggshells to earn trust before they can really blossom then everyone loses. The caveat however is that if an employee breaks your trust as a boss, there are few ways for that employee to redeem themselves from my perspective and they likely are not a long-term fit.

Jaclyn Strauss, CPA/Founder at My Macro Memoir

The ability to trust their employees is one of the traits of a great boss. Trusting the employees will not only empower them but also will give them a sense of value, which in turn will make them more productive and sincere with their job.

Being able to trust their employees also means that they do not micro-manage, which is a hassle not only to themselves but also to the employees as well.

Seb Hall, Founder & CEO of Cloud Employee

Give feedback

Continuous feedback on employees’ performance in satisfying expectations is the answer to how to be a good boss. Assist them in recognizing when they are performing well and communicating when they are not meeting the criteria.

This may be accomplished by routine coaching of personnel. Mention something they are doing well. If you notice something that needs to be changed, make a note of it as soon as possible. Oftentimes, employees are unaware that they are not meeting the criteria.

Coaching and developing them is the manager’s role. The boss is responsible for informing them when they violate customer service standards. For instance, if management overhears staff being nasty to a client over the phone, they should call attention to it and teach them how to communicate more effectively with consumers. If this does not occur, the customer experience may be negatively impacted, and the employee may be unaware that their behavior is wrong.

Mike Chappell, Founder of Formspal

Be decisive

A boss needs to play a constructive and direct role. I believe in a stress-free and healthy working atmosphere, which can be achieved by providing proper and clear job instructions to the employees.

I need to ensure that my employees understand exactly what they are expected to do so that they are not frustrated and overwhelmed by any sort of ambiguity. This results in you being a better boss by increasing worker motivation and morale, which boosts business efficiency

Setting clear expectations encourages employees to do their best and be on the same page as me, reducing miscommunication. Finally, when there are set goals and workplace orders, employees experience a sense of pride when they meet the deadlines or complete the assigned tasks.

Jeff Johnson, Owner/Acquisition Manager at Simple Homebuyers

Share the credit

One of the common demotivating things that some bosses do is reaping all the credit and either neglecting or ignoring to accept the input, participation, and effort of others. That’s literally the definition of poor leadership.

Being a good boss means always supporting and appreciating the input of staff and crew members. It uplifts the characters of the team when a boss openly points out the great work and unique contributions that the team has done in creating a particular project a success. It also encourages collaboration and confidence among the team.

Sharing credit among others does not cost the boss anything though it has a great return on investment. When righteous behavior and achievements are honored, recognized and acknowledged, it is possible to be repeated.

Daniel Carter, SEO manager at Property Investments

Offer mentorship

To be a good boss, create a culture of mentorship in your company because it will encourage your employees to grow with the business. One of the best traits of a successful leader is passing down the knowledge they’ve accumulated. You can start doing that with something as easy as recommending business movies or even entrepreneurial podcasts just as a way to show them that you notice them and have a desire to grow their talent within the company.

Having said that, the secret to being a better boss entails further involvement by creating and providing opportunities for personal and professional development within the organization. Create an internal hub where seasoned workers have the opportunity to volunteer by mentoring new hires. Also, develop criteria to become a mentor to incentivize others to work towards it. Accountability is also key for creating a culture of mentorship, as it helps ensure your business’s leaders stay on top of their tasks, progress, and inspire others to strive for advancement.

Nathan Liao, Founder of CMA Exam Academy

Be empathic

From my experiences as an employee and (now) a boss, I believe that the greatest answer to how to be a good boss is to be empathetic.

Before I hire employees, I make sure that I can rely on them in the future but I don’t forget that they are people too and they are at different stages of their life. Some are just learning and need a helping hand; others are going through monumental periods in their life outside of work, and some have many years of experience.

Being empathetic means you can relate to these employees and understand their perspectives. When something happens or I need to react to something, I take a minute to try and understand where they are coming from and what their situation is. I believe that a good boss should be empathetic and can help build trust, bring the best out of everyone, and build long-lasting relationships that make a difference.

Lindsey Allard, CEO and Co-Founder of PlaybookUX

Be open for communication

How to be a good boss? Simple. Have an open-door system and be ready for juniors when they need you. Convenience is critical; it grants you an advantage because employees seem comfortable reaching out and communicating to you primarily before a problem occurs. Even if you are managing a remote team, make sure your online communication is flawless and you are easy to get to.

That way you don’t end up being a boss who is working around helter-skelter wildly setting out fires because employees were hesitant to approach you in the first place before the fire was inaugurated.

A friendly boss is committed more by juniors and develops a culture of high confidence and more comprehensive employee engagement in their work. That waythe employer reduces the stress in the workplace and employees are more comfortable sharing with the boss their ideas, feedback, suggestions, clarifications, and opinions that could be relevant for the success of the company.

Chris Nutbeen, Founder & CEO of Nuttifox

Reward your employees

Show respect and gratitude to your employees, that’s what being a good boss is all about. Rewarding your employees not only fosters a positive work environment but also highlights their value within the organization. One innovative way to celebrate their contributions is through custom awards, such as lucite embedment, representing a memorable and engaging method to showcase their achievements and your appreciation. Empower them by promoting a culture of self-starters and decision-makers. Trust employees to make decisions and provide opportunities for employees to take on leadership roles. Reward, encourage and appreciate employees that showcase initiative. 

Offer training opportunities to motivate employees to advance their skills. Incorporate weekly check-ins between managers and employees. Send out monthly surveys to gather anonymous feedback from staff on company culture, work-life balance, and overall attitude towards work. Listen and make positive changes based on the feedback received, so you won’t end up with toxic company culture or/and unhappy employees.

Kelli Lane, Chief Marketing Officer at Genexa

Conclusion

If it turns out that you are not a spitting image of your business role model, that’s okay. Maybe you came to the realization that you are not that good of a boss so you decided on being a better boss or you came to an even more harsh and shocking realization that you actually are a bad boss so now you want to start being a good boss. Either way, the important thing is that you decided on self-improvement. Keep in mind that this is a big step forward both in your personal and in your professional journey that is proven to result in success.

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How to predict future trends and transform your business

How to predict future trends and transform your business

How to predict future trends and transform your business

November 24, 2023

Predicting future trends and transforming your business

Who doesn’t want a crystal ball to predict the future? Knowing the future of the market can help you make the right moves and become a millionaire overnight. But let’s be real, no fortune teller can predict the future 100%.

However, that doesn’t mean that predicting the future of business is impossible. It all comes down to your analytical skills and having the right tools to prepare for what’s to come. As we said, this won’t always be 100% accurate, but it will give you a good idea of where things are headed.

There’s a risk of making mistakes when it comes to predicting future trends, but playing on the safe side will never bring growth to your company.

Ways to predict future trends and keep your business ahead

As a business owner or manager, you should train your mind as well as your team to detect changes that could open a door to major opportunities. Small businesses rise to large corporations only because they know how to predict future trends and turn them to their advantage.

So let’s see how predicting the future of business is done in real life.

Study the trends of yesterday

If you want to know what the trends of tomorrow will look like, then you should study up on the trends of yesterday. Trends work as a chain reaction in a way.

For example, TikTok. Look back at the famous app Vine and its success. Vine was extremely popular, but like many great things, it died. However, after the death of the app, all other social media apps continued to gain popularity. Now, you could predict that all tech platforms would grow, but now years after the death of Vine, TikTok took the same formula and has become a hit.

When popular things randomly disappear, you cannot expect them to stay gone forever. Nostalgia is a strong tool that everyone should keep their eyes on. If you notice something fading away, remember that people once loved it, and over time that love can come back again.

Melissa South, SVP of Swingtie

The law of inertia

Due to the law of inertia, things will stay the same unless acted upon by an outside force. This means that trends will only occur when one of two things happens:

    • A law forces people to change routines or
    • An influential force releases a concept into the world that gains favor

By keeping informed (but not obsessed) with daily news/pop culture and asking how will this impact the people around me, I’m able to capitalize on up-and-coming trends as they start to grow.

Eric Bechtel, Managing Director at Gameplan Digital Marketing

Research, analytics, and tech

Research, analytics, and tech have proven to be very helpful in my quest of identifying and preparing for future trends. In order to make sure that my team and I are prepared for any change that might affect our industry, I make sure to keep track of important events, data, and studies and do my best to analyze them. Having the right tech or application has helped me make my analysis more accurate and my strategies stronger.

Making the most out of the information and the tools that you have will help you predict future trends and ensure your business’s growth.

Simon Elkjær, Chief Marketing Officer at avXperten

Use the power of the Internet

There are 3 ways that I’ve used to predict future trends.

The first technique I used to predict trends is to use Google trends. What you want to do is look for a rising line graph for a one year span. The line graph can’t be gradually going up either, it has to be hockey stick growth.

Another technique is to use Ahrefs which is an SEO tool. I use this tool to look for websites trying to write and monetize about the topic. The more websites that try to monetize off of it, the more likely I believe the trend will be mainstream.

The final way is to look on forums like Reddit. What you want to look for is enthusiasm from the people. The more the people act cult-like, the higher chances the trend will keep going.

Alex Cortez, Founder of Roborefuge

The three ways

Being in the field of marketing, it is really important to understand the current trends of the market and also predict the trends of the future. Based on my experience, here are the top tips for predicting future trends in business:

    • Conduct surveys

In order to predict future trends, it is always a good idea to conduct surveys every once in a while and try to understand the problems of the customers and bring solutions for it because if you don’t make a solution, somebody will and that will become a trend. So it is one of the many ways through which future trends can be predicted.

    • Keep up with technology

With each passing day, there is some engineer out there inventing or making new machines that can tackle a problem much more efficiently. With this in mind, it is recommended to keep yourself up-to-date with the latest inventions and technology as these machines and technology will create a trend in the future.

    • Monitor the competition

Competing in the market is one way of staying with the current trends and also getting an insight about what the future may hold and where the trends may go.

Igor Avidon, Founder of Avidon Marketing Group

Conclusion

Success in business comes easier for those who know how to predict future trends. After all, business growth is all about adapting and pivoting to stay relevant in the market. If the needs of the consumers change, and your products don’t, you can’t expect to stay in business.

Everything seems to change at rapid speed, however, if you look at history you’ll discover patterns that could help you stay ahead of the curve. The important thing is to keep an open mind and don’t for a second believe that things won’t change.

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5 steps to successful exit planning (2026)

5 steps to successful exit planning (2026)

5 steps to successful exit planning (2026)

November 20, 2023

Planning your steps for successful exit

An exit plan outlines the steps necessary to maximize the value of the business, find the right buyers, negotiate favorable terms, and time the sale strategically. With the proper exit planning, entrepreneurs can pave the way for their company’s next chapter and achieve their personal and financial goals upon selling their stake.

Evaluate your reason for exiting

You will need to evaluate your reason for leaving. Ask yourself, why are you leaving? Are you leaving to follow a dream or have more personal time? These are pull factors, or in other words, these ideas are pulling you in another direction.

Alternatively, are you leaving because you are bored with your current venture, reaching retirement age, or health problems making staying impossible? These are push factors, simply put, they are factors that are pushing you out of your current venture.

Know what type of exit you want

Next is to determine what type of exit you want; this is where you decide what kind of sale you want to make and how much control you will retain when you are done. Here are the different types of exits you may have:

Outright and walk away

This type is where you sell all of your shares in your company and walk away completely. You will have no say or control in anything else that pertains to the company.

If you are going for an outright exit, make sure that you time it so that you receive the most value for your sale. You will need to show prospective buyers why your company is valuable to receive the best payout.

Recapitalization

This exit is where you sell part of your equity and retain control of running part of the company. You would choose this type of exit if you still want to have a say in the future of the company while being able to go after new ventures.

Liquidation

If you are excited because you are tired and do not see a future for your company, liquidation would probably be the way to go. Liquidation means you sell the real assets of the company instead of the company as a whole. This type of exit is suitable when you feel your company may be hard to sell.

Hire a COO

In this exit, you will retain control of the decisions in the company, but a Chief Operating Officer will be running the day to day necessities. Exiting this way allows you to continue to draw a salary, be in control and still have time for the other things that are driving your exit.

Become a chairperson

As a chairperson, you will no longer have a role in the company, and someone else will be making the decisions. Becoming a chairperson means that you will be relinquishing your control of the company yet maintaining your shares and dividends.

Hand it down

This exit is when you give your company to your family to run and control. If your company is doing well, you might choose to hand it down to your children or other family members.

Employee buyout

In an employee buyout, your employees will buy and take over the company. This is an excellent option if your company is doing well and your employees have the knowledge to run and control the company on their own.

Generally speaking, a manager would buy the company or several employees may pull together to buy you out and retain the company and their employment.

Evaluate the value of your business

You will need to get a professional who knows how to value a business to find out the exact value of your company. After you seek the value from a professional, you will need to decide what your company is worth to you. When you have decided on a value, compare it to that of the professional. Then decide if you want to sell your business or try to raise the revenue and profits to increase the valuation.

You will know you are ready to sell when your opinion matches that of the professional valuation. You will also need to consider your reason for exiting. Your reasoning will play a large part in your assessment of your business.

Know what role you want to play after the exit

A crucial part of any exit planning is deciding what role you want to play in the company after the sale. Depending on the type of sale you may choose a lump sum and walk away from the company altogether.

Another possibility is staying on after the sale to allow the new owners time to become familiar with their new acquisition. You will decide if you want to stay on after the sale and for how long you are willing to stay. You will need to consider this carefully. Do you want to stay and receive a more substantial sum, or cut ties and walk away with a lump sum after the sale?

Know what role you want to play after the exit

The final step is setting your achievement goals. What do you want to achieve from the exit of your company? For this, you will need to answer two questions. Is it important that you get the maximum amount for your company and are you willing to stay after the sale and for how long?

If you are financially secure outside of the sale and you want to maintain control of your company, your best option is to hire a COO to handle the daily business of running your company. If you want to walk away or stay for a short amount of time after the sale, your best option would be selling to a strategic buyer.

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Creating content marketing funnel for small businesses

Creating content marketing funnel for small businesses

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November 15, 2023

A quick guide for creating content marketing funnel for small businesses

Creating a content marketing funnel for small businesses has emerged as one of the most effective ways to market a product or service. However, new entrepreneurs and small business owners are often so engrossed with getting a positive ROI from their paid marketing funnels that they overlook other forms of the marketing funnel.

From the point of view of a small business owner, focusing on paid advertising funnels and overlooking organic marketing with a content funnel makes sense, but only when you focus on short-term goals. On the other hand, entrepreneurs with a long-term vision and desire to build a sustainable marketing mix will discover how to grow their business with content marketing at some point. 

Benefits of the content marketing funnel for small businesses

There are countless statistics that prove the incredible potential of content marketing. Here are a couple:

  • B2B companies that have a blog and post blog content consistently generate 67% more leads than their competitors that don’t have a blog.
  • Companies and marketers that prioritize blogging are 13 times more likely to achieve a positive ROI from their marketing dollars.

However, even if we ignore this just for a second and look at how the content marketing funnel for small businesses works differently from paid advertising, you’ll understand why it is an amazing thing. There are actually two significant differences between content marketing and paid marketing. 

The first one is the upfront cost. To get any kind of results from your ads, you don’t need much of a budget. However, producing content is often an expensive undertaking, especially if producing high-quality content is high on your priority list. 

With that said, the upfront content of producing content is higher but it isn’t a recurring cost. Sure, you may have to pay your content vendor or dedicate a resource to content production for a few weeks or a month but after a point, this investment will not be as intensive.

The case with paid advertising is different because even the low upfront cost is actually a recurring cost. The moment you stop feeding money to your paid campaigns is the moment they will stop producing results.

The second difference between content marketing and paid advertising is the time it takes to realize results and a positive ROI. With paid advertisements, the results start showing relatively quickly. Within a week or ten days, you can collect enough information to optimize your efforts and get a positive ROI.

With a content marketing funnel for small businesses, getting results will take time. However, let’s say that one of your content pieces starts ranking on the first page of Google for a lucrative keyword. In this case, the returns from that content will be virtually evergreen. The best part is that you will not have to actively optimize anything in order to get these results. 

Create a content marketing funnel for small businesses correctly

After establishing that long-term growth can be achieved, follow these guidelines to make sure you fully understand the content marketing funnel for small businesses. Implement the strategy in your business and start working on your growth right away. 

Understanding the buyer’s journey

The most critical part of perfecting your content marketing funnel for small businesses is to understand your customers and how they end up becoming your customers. If you are reading content marketing funnel tips, a good sign that the content is actually valuable is to see how much stress has been put on building buyer personas.

Understanding this journey from being a prospect to becoming a customer will help you understand what kind of content will resonate with prospects at different times.

For most products and services, the customer journey can be divided into the following stages:

  • Awareness: This is where the prospect becomes aware of a problem that they have. After becoming aware, the prospect usually starts researching their problem and its possible solutions.
  • Consideration: By the time your prospect reaches the consideration stage, they have usually identified the solution. Now, their concern is choosing the solution that is best suited to their needs.
  • Purchase: If all goes well in the consideration stage, the prospect moves to the purchase stage and converts into a paying customer. But your job isn’t done!
  • Post-purchase: The post-purchase experience starts the moment the sale is concluded. The quality of this experience plays a critical role in deciding whether a customer will run off to never return or become a happy customer that spreads positive word-of-mouth about your brand.

While a variety of experiences can be used to interact with prospects and customers in the different stages of the buyer’s journey, content is definitely the most versatile asset for this purpose. That’s perhaps why almost half of the marketers surveyed said that they use dedicated content to support three to five buying stages.

Content for the awareness stage

From a marketing standpoint, your objective with your content for the awareness stage should be to validate the problem that your prospects have identified and highlight the fact that it needs to be addressed.

However, there is a hidden benefit of producing awareness stage content. By the time your prospect starts researching solutions to their problems, your brand will already be positioned in their minds as an authoritative source of credible and valuable information. So, considering that, informational is the kind of content that will work best for your business.

Since your prospects are in research mode right now, educating them about their problem and the possible solutions is the best way to become visible to them.

To this end, you can produce “how-to” guides in the form of videos or blog posts, articles, and even infographics. “How-to” guides are actually one of the most popular forms of content used by marketers in the awareness stage.

This is also the stage where you should think about lead generation. A lead magnet is an offer that enables you to collect the personal information of your prospects. This way, even if the content you are producing is not able to reach them, you can reach out to interested prospects by email marketing.

What kind of content qualifies as a lead magnet? Anything that your audience will find valuable enough to give up their email address. From a whitepaper with findings from original research to a detailed ebook, lead magnets can take a number of forms. Which one works for you, depends on who you are targeting and of course, your current content production budget and capabilities.

Content for the consideration stage

The number of prospects that graduate from the awareness stage will only be a fraction of the people you attracted. However, the people present in the consideration stage are very likely to purchase the product or service that you offer. Content will help you ensure your customers purchase from you instead of choosing your competitor.

Half of the job was done in the awareness stage when we shared useful content with our audiences. We have already established ourselves as a trustworthy brand that provides valuable information. All that’s left is to prove that yours is also a trustworthy brand that offers a valuable service or product.

For this purpose, content assets like case studies, feature comparisons, product demo videos, and client testimonials work amazingly well. Each one of these either shows your prospects how well your product or service performs in the real world or shows people benefitting from your product or service.

This practice of using a content marketing funnel for small businesses and experiences to nudge prospects towards a desirable action is called nurturing. While publishing nurturing content on your website and social media channels is a great idea, it often makes the most impact when shared through email.

This is why you were asked to create a lead magnet in the awareness stage. Once a prospect has shared their email address with you, you can assume that they have moved into the consideration stage and can start sharing nurturing content with them.

Content for purchase stage

At this stage, equipping your sales team with supporting content will make their job easier and the chances of conversion higher.

Content like original whitepapers, case studies, and documents outlining the use cases of your product or service will work well at this stage. It is also a good idea to create video testimonials with your best customers that you can share with interested prospects right before they speak to a sales rep.

Content for post-purchase stage

Once a prospect converts, the post-purchase stage starts. Delivering whatever features and services you have promised to them in the previous steps are given here. This is the stuff that your customers expect from you. It is the bare minimum that you are expected to do.

Hence, your objective at this stage should be to delight them. And in addition, to do that you have to create a delightful experience and content is an excellent tool for the same. The most basic content-related necessity of this stage is to have a delightful post-purchase email sequence in place. 

To set yourself apart, take it a step forward and follow up the ‘thank you’ email with a series of instructional emails that enable your customers to achieve success with your product or service.  At the end of the email sequence, send out a feedback form that will help you in improving your post-sale experience. 

Speaking of customer success, you can also use content to help your customers make the best of your product or service. When they are able to do that, their experience with your brand will automatically improve. 

Prioritize

So, that’s a lot of content that you will have to produce and that’s one of the most common challenges that prevent small businesses with limited budgets from enjoying the benefits of content marketing. Luckily, with a little bit of planning, it is possible to overcome this challenge.

The key here is to prioritize. Sure, content for all the stages is important. However, depending on your current needs and content production capabilities, your priorities may vary.

For instance, if you are just starting out, getting more visibility and feeding your content marketing funnel for small businesses more and more leads may be important for you. If this is the case, you must prioritize creating top of the funnel or awareness stage content. 

Besides prioritizing your content production efforts, you can also make use of nifty content distribution techniques like content syndication. Such techniques allow you to make the maximum impact with whatever volume of content you produce.

Conclusion

If approached with the right mindset, your content marketing funnel for small businesses can rise to be the most powerful weapon in your brand’s marketing arsenal. All you need to do to avoid producing content that isn’t impactful is to work with a solid goal in mind and develop an equally solid plan to achieve that goal. Fortunately, the information shared in this guide will help you formulate the right kind of content strategy for your brand. 

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Starting a metal fabrication business: What you need to know

Starting a metal fabrication business: What you need to know

November 07, 2023

Metal fabrication business

 Starting a metal fabrication business is no small feat, but with the right prep work and planning, your custom metal shop can thrive! If you are considering setting up a metal fabrication business, you need to have a solid business plan in place first and foremost. So, check out the following insightful overview to help you get started.

Determine the types of services you will offer

First things first, you need to determine the type of metal fabrication services you will offer. Standard services include cutting, welding, shaping, grinding, and repairs. Depending on your level of expertise, you could also provide speciality processes, such as casting, powder coating, and powder metallurgy. You can make sure your metal fabrication business stands out from the competition by offering more specialised services.

Determine the equipment you will need

The type of fabrication services you decide to offer will determine the equipment you need to obtain. You may need to purchase tools like lathes, press brakes, lasers, shears, welding machines, and machining centres. Thankfully, such equipment does not have to be bought new. You will find a wide variety of high-quality used machinery for sale, which can help you reduce your initial financial outlay for tools and equipment.

Determine how many employees you will need

Once you know what types of services you will provide and what machinery you will use, you can work out how many employees you will need. You will also want to think about bringing in specialists who can perform specific jobs well. For example, you may want welders or smiths who are highly qualified and experienced. By pooling a team of experienced experts, you can ensure that your operations run smoothly from day one.

Determine how many customers your business can handle

To help you know how many employees to hire initially, you need to know how much work your metal fabrication business can handle, on a weekly or monthly basis. So, determine how many customer jobs you could realistically take on. Other factors, like the equipment capacity and the size of your space, will also contribute to working out how many customers you can handle.

Many large and established metal fabricators handle over 120,000 sheets of steel in a month. You will probably not be able to handle that much when your business is just starting, but as your company grows, you will be able to take more jobs over time. As a new business, it is worth opting to cater for either commercial or household clients to start with, but you also have the option of catering to both.

Evaluate the competition

To determine things like the type of services you will offer and what type of clients you will work for, it is essential you evaluate the competition in your area. By understanding the competition, such as the type of services they provide and their strengths and weaknesses, you can decide how to position your metal fabrication business against established companies.

Perform market analysis

You also need to look at the metal fabrication market as a whole to help you define your target market and your plans for catering towards that specific audience. By gaining relevant market analysis data (by using these market research methods) and processing it via charts or graphs, you can come up with a solid plan for progression.

Get the appropriate insurance

When you start your own metal fabrication business, a major requirement is obtaining the appropriate insurance. Your employees will be regularly working with dangerous tools and equipment, so there is always the chance of accidents and injuries occurring at your workplace. Compare and contrast different insurance providers and get quotes from them so that you can decide on the best insurance option for your fabrication business.

Come up with sales and marketing strategies

You need to outline pricing and sales information before you can begin operating your metal fabrication business. In turn, that allows you to come up with appropriate sales and marketing strategies. You can have the best machine shop and the most experienced and qualified employees in the world. But unless you have a solid marketing strategy for gaining customers, your business will fail before it has even gotten off the ground. So, rationalise why your target audience will purchase your services and how you intend to reach them via marketing and advertising efforts.

Raise capital and write a financial plan

Before you can begin any business, you need funds behind you. Most new businesses either save up capital to invest in the firm or take out small business loans. But you also have the option of gaining individual investors. The amount of money you will need for your new fabrication business will largely depend on the type of service your business will offer. Once you have worked out details like the type of machinery you need, how many employees you require, and your marketing costs, you will have a much more accurate idea of how much initial money is required to set up and run your business. And it is essential you write a financial plan. That should include:

  •   The amount needed to start or maintain your business.
  •   The amount needed over the next two, three, and five years.
  •   Plans of how you will use your funds.
  •   Anticipations of additional funds required.
  •   Ongoing expenses, such as salaries, insurance, and marketing costs.

Conclusion

Bringing your vision and expertise in metalwork to the marketplace is an exciting endeavor. With strategic preparation and a passion for the trade, your custom fabricated products can find buyers and make your metal shop thrive.

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