Custom Labels Will Help Your Business Grow!

Whether you want attractive colorful custom labels to promote your business inside or out, or bring your business name to the public’s attention, there is much to appreciate in custom labels. They come in a wide variety of sizes, shapes, materials, and colors that are simply amazing! Let’s look at some uses for custom labels.

First the practical applications and uses for labels

Business owners know that the best and most affordable method of promoting their business is with signs. Signs however can be bulky and not quite as portable as they wish for some situations. Stick-on labels can get the job done quite handily because you simply stick them onto any surface (except maybe the employees themselves).

Hard hats, ID tags, coffee cups, cars and truck doors or windows, and store front windows are just some of the practical applications for your custom labels. Custom implies customized and that means you can make them say whatever you want, then apply them wherever as a highly affordable and absolutely effective means of advertising your business.

Custom labels can be window clings that merely adhere and are completely removable when you wish to change it. They can be permanent and stick through wind, weather, and abuse. Labels identify by applying to badges or buttons.

A myriad of uses for the most practical and effective sales tool

1) Businesses such as radio stations give away their custom stickers as a means of promoting the station and to encourage new listeners or advertise their latest contest. These will be small and brightly colored, intended to fit on vehicles rear windows or back bumpers.

2) Pizza delivery is an excellent example of those who only want temporary promotion and can safely remove the label once the job is done.

3) Car dealers may wish to apply permanent decals to the back of cars they’ve sold to advertise a successful sale or as temporary promotion applied to the front and rear windows.

4) Businesses and schools may opt for a temporary parking permit in the form of a removable custom label.

5) Politicians love to see their name on labels all around town! They consider this the absolutely most affordable way to get their name known, perhaps to see spectacular results at the polls.

Custom labels can be bold and beautiful!

Usually made from vinyl or paper, the custom label can be printed on rolls or sheets that are easily handled. Selection of just the right label can be quick and simple and even a child can do it. In fact many kids love these labels and stickers because they can be applied to just about everything they own!

Bright and full of color and brilliant graphics, the ideal label can be applied to almost anything that the owner chooses. Just make sure they are the removable type if you might wish to take them off at a later date. With such colorful and sharp graphics these labels can provide a bold statement or more subtle message depending on the purpose. From shipping labels to user ID, a custom label is truly ideal for its many uses.

Official business labels state their purpose with style and sincerity

MasterCard, Visa, banks, security systems and guards, sports teams and their logos, and other businesses use custom labels to help identify what they represent and who handles their products. How could a sports team function without identifying themselves with brightly colored spirited logos printed on decals and are then applied virtually everywhere that team might play?

How can you know if MasterCard or Visa is accepted in a business unless they promote themselves on the entry doors? It’s all about promoting and competing and that’s what custom labels are all about!

LAST UPDATED ON: February 15, 2018

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Purchasing a Business – The Final Inspection

You have come a long way in the business buying process if you get to the final business inspection stage which occurs just prior to you taking possession of the business. However, be warned, this is not the time to be complacent or let your excitement blind you.

Case in point – Lynn – a first time buyer who purchased a business herself earlier this year only to find after the possession date that not everything was as it had been presented to her. Lynn’s experience should be viewed as a lesson learned and not as an opportunity for criticism. In fact, her experience is a common experience for many entrepreneurs buying a business who do not have representation, or as it was in Lynn’s case – not having “competent” representation.

I have therefore taken the liberty to outline what you must do during the Final Inspection of the business. This list is not to be used as an alternative to hiring a savvy business broker but is provided as a means to help you understand why these particular items are important. These are not the only items that need to be covered in a final inspection but are certainly 5 things you must do regardless of the type of business you are purchasing.

5 things you MUST do during the final inspection:

1. Inspect every square inch of the business yourself!

Take the time to inspect the entire business – inside and out. Look for anything that stands out as being unusual or of concern, such as bare electrical cables sticking out of the wall, mold, missing lights, large cracks or water damage in the structure and animal feces to name just a few.

2. Check that there is no missing equipment that should have been included in the sale of the business.

A list of equipment included in the sale should have been included as part of the Offer to Purchase. Print this list out and visually check that each piece of equipment listed is present and accounted for.

3. Check the operation of the equipment, that it has an operating manual and that it is in a good state of repair.

While checking that all the equipment is present, be sure to check it is operating normally, for example computers, printers, ovens, fridges and freezers to name just a few. Any equipment not operating normally should be repaired at the sellers expense unless otherwise agreed upon.

4. Count all the inventory included in the sale.

As with the equipment a list of the inventory should have been included as part of the Offer to Purchase. Again print this list off and check each inventory item. For large inventory based businesses this might mean you need to hire a inventory company to come in and count the inventory.

It is important to note that for many businesses, inventory is a fluid dynamic so when it comes to inventory, there may be a need for a financial adjustment to be made in favor of the buyer or the seller.

5. Have the seller confirm in writing that they have paid all supplier accounts to date in full.

The reason we mention this is sometimes there is the assumption that the lawyer will take care of such matters. That may be so but consider the following. As an example assume for a moment that you are taking over an existing account, say the Point of Sale system at a retail location. If the seller has not paid the bill to date, then the vendor of the Point of Sale system may deactivate the account until the outstanding balance gets paid. This immediately effects the operation of your business and intern turns the excitement of business ownership into a high stress, mission critical, situation.

From what I understand of Lynn’s situation, problems started when the person who was brokering the sale did not turn up to the final inspection. Lynn was therefore left to handle a situation without experience or representation – by representation I mean someone impartial to the sale, ensuring that the best interests of the buyer are met.

Upon taking possession of the business, Lynn found out that the computer system was constantly crashing, the toilet was not working and cupboards had to be replaced due to damage from animal feces. A key supplier account had not been paid that effected the operation of Lynn’s business.

Lynn was fortunate to have the financial means to replace computers, cupboards and complete the necessary repairs to the business however it came at a considerable cost that amounted to thousands of dollars. The key is to identify and address such issues before you take possession of a business. This, we believe, only comes from experience.

Even if you want to handle the purchase of a business yourself hiring a business broker as a consultant can literally save you tens of thousands of dollars. Certainly for us being hired to provide a buyer with a second opinion is an opportunity to share our knowledge with the buyer, support the buyer and share in their excitement of purchasing a business.

How a Virtual Consultant Can Jumpstart Your Business

Imagine sitting at next Monday morning’s meeting with a three-dimensional model in the middle of the table in front of you that your entire organization can look at and understand in one glimpse. That’s what your business is paying for when they bring a talented and knowledgeable business advisor on board.

Quality business coaching can make your brand identity sharper, your marketing materials snap, crackle, and pop. Contrary to fears that consultants are high-priced luxuries, consulting services are critical to your operations. Try and change the direction of your organization without a professional consultant who has a view of the larger context your company’s competing in and you’re almost guaranteed to create more chaos than improvement.

Knowing your business inside and out gets you a “C.” Knowing your industry, including your present and future competitors as well as the global dynamics that impact your bottom line, gets you an “A+.” Unfortunately, getting such a high grade in running your business involves studying lots of moving parts, wearing too many hats. For that idealized view from 30,000 feet that you need to be successful, expert consulting services are needed. Only a business consultant with experience can ensure that your company can win on an ever-changing and expanding playing field. Business planning consultants minimize the risk of running a business in a global business environment where disruptive technologies can quickly make the products and services you offer obsolete. They also help you stay in tune with your market.

A consultant is a business coach invaluable in providing fiscal discipline. The pressure for an organization to have financial reports that are impressive, can often lead to justifying poor performance. As we’ve learned all too well in recent years, sloppy decision-making can lead entire companies to pull the wool over their own eyes.

In theory, every business wants to be uniform and coordinated. In practice, too many companies try to spend as little as possible on consulting support. If you want to have a business that’s manageable and capable of growth, you need a business planning consultant. Small and large businesses both require safety nets and those safety nets are business consultants.

Aside from the tangible map and summation of your plans that business transformation consulting efforts will yield, small and large business management consulting creates an environment in which your team knows what to do. If management and the people that report to them are not delivering, the involvement of a consultant is also often a wake-up call to them to get their acts together. There’s a level of urgency that a consultant business plan creates that supports your company’s bottom line and structure. It motivates clearer communications within your organization as well as without. A highly competent business coach maximizes your growth rate, positively influencing the daily flow of your organization’s events.

Issues such as accountability as well as market momentum can become blurry in the politics of office life. The best way to measure if your company’s bar is set high enough is through the acquisition of an impartial consulting professional. If your company’s longevity and profitability has been handled by the same core management people who are constantly scratching their heads when they analyze it, you owe it to yourself to try something new. Virtual consulting services that deliver the results you seek without charging you an arm and a leg are the best choice — especially for small businesses. At any rate, whomever you decide to hire, common sense suggests that it’s time.