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UFB Issue #012 Personal Finance Budget
February 27, 2003
"The key to family business success"

A free monthly e-zine with articles and tips from Family Business Experts who understand family values and business systems.



February 27, 2003 Issue #012 Family Business Experts

http://www.family-business-experts.com

http://www.familybusinessexperts.com



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In This Issue...

1. Our Managing Director Announces -

2. Business first family...Family first business

Personal finance budget is essential for family members...

3. Best Practices

Local businesses - use the web to increase your presence and exposure locally

4. Around the Family Business Experts web sites



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SPONSOR MESSAGE #1



1. Our Managing Director Announces -

Over our 30 plus years of helping family businesses we kept noticing how family business financial problems were so often caused by personal finance problems of the owners or family members. So, we decided to tackle the issue head-on - thus launching the new Personal Finance section.

In our "family business" section, we look at the personal finance budget since this tool is at the very root or core of financial wellness, which in turn has such a dramatic effect on the family business.

"Best practices" looks at an issue that we think is emerging as a major factor for small businesses, family or not... getting your local business online. Starting next month, we'll be focusing our online business section on local business - problems and opportunities in getting online.

And the "site roundup" details many changes that have happened to the sites over the past month.



Whether to contribute, challenge (or hopefully even praise) our newsletter, I encourage you to contact me directly Don, or our editor David.
Enjoy, and here's wishing you, your family, your clients... much success!

Don Schwerzler, Managing Director
Family Business Experts


SPONSOR MESSAGE #2

BizPlanBuilder [Jian] Helps you create your business plan quickly by organizing your thoughts into carefully scripted text. Great spread sheet templates for the financial projections. Includes resources and not just blanks to fill in.

Visit Jian's web site


SPONSOR MESSAGE #2



2. Business first family...Family first business:

Personal finance budget is essential for family members...

It might seem at first to be a contradiction for a family business site to get into personal finance, but we have some very good reasons for this.

The family business is often used as "the bank" for family members. The family business supports both the business requirements and the family requirements, and we can't deal with improving the business' financing if we don't deal with the family pressure.

Family members and other employees who are suffering from financial stress are distracted, inefficient employees and that has a negative impact on the business.

Whether your goal is to retire quickly, achieve true financial wellness or simply to sleep better at night, you need a system to help you get there. Learn about such a system - three steps that can be followed by most everyone, and some really dramatic illustrations that make a really convincing case to get you started.

Did you know most people can be debt-free in about 7 years - including paying off their residential mortgage?

[Sure... win the lottery or inherit big-time...]

Without a lottery or inheritance...?

Well, it IS possible. A big hint about "How?"... you need a system to follow and a personal finance budget is at the core of that system. But, budgeting alone won't get you there...

See our full article at Personal Finances



SPONSOR MESSAGE #3

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SPONSOR MESSAGE #3



3. Best Practices

Local businesses - use the web to increase your presence and exposure locally

So, what does a web presence offer you?

A lot.

Leverage your business presence just as powerfully in your neighborhood as internationally. You have competition right at home, so use the Net to keep the upper hand - stamp your URL in big, bold letters all over your business cards, invoices, service trucks - any and all offline promotions. Then use your web presence to build stronger relationships with your customers by offering them convenience and extras. How?

It's simple...

  • your monthly e-zine keeps you foremost in your customer's mind as well as providing valuable information for the home owner (the importance of clean ducts to reduce the risk of asthma and respiratory blockage from duct, pollen, etc.);
  • your list of customers' email addresses is an unobtrusive and gentle way to remind them they' re due for furnace service - "Just a friendly reminder from Sam ... the Furnaceman... it's October and time for a furnace servicing before the cold weather. We're here whenever you're ready.";
  • your online form allows potential customers to obtain a custom quote at their convenience (5 A.M. when they are getting ready for the morning commute, whilst you're still snuggled comfortably in bed);
  • your informative site allows customers to troubleshoot the most-likely problem scenarios with their furnace and duct systems. This saves them money and time, and builds your credibility as someone who cares.

It's simple, effective, and doesn't cost a lot!

What, you say you're a dry-cleaner and you can't sell dry cleaning online?

E-zine, information about stain-removal and care for fabrics and garments...

and e-mail to send Coupons to announce and promote Specials!

Watch for our local business online section coming soon...

4. Around the Family Business Experts web sites

Search the entire content site in two different ways

1. A search engine powered by ATOMZ has indexed all the pages on the site and will link you to those relating to any search term you enter.

2. A 'Table of contents' listing that will link you directly to any page / article you select. Visit often, and bookmark the search page in your browser so that you can get directly to the site. http://www.family-business-experts.com/start.html Site Table of Contents


Background information, testimonials to our service and understanding, and answers FAQ's [Frequently Asked Questions]. Family Business Experts

Personal finance budget heads up our new Personal Finance section.

There are several new articles accessible from this page on the left side navigation bar



And remember about our convenient new online billing with 100% assurance! Another step in our process of starting online business. Secure online payment

Copyright © 2000-2003. Family Business Institute, Inc.,
2110 Powers Ferry Road, Ste. 249, Atlanta GA 30039
Voice 770.952.4085 Fax 770.432.6660
Email: Familybizexperts@aol.com
http://www.family-business-experts.com

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