Small Business Tips: Expert Has Created a New Website for Business Tips

Readers will discover dozens of tips that will make or save them at least $100. The business tips are practical, specific suggestions to improve sales and cut expenses.

Detroit, MI, July 18, 2010 --(PR.com)-- Ed King, Director of Small Business Services at Wayne State University, has just created a free, new website http://www.100dollarbiztips.com. The goal of this website is to provide business owners practical, specific ideas on how they can improve their profitability. Most of the business tips are less than 50 words.

Here are two examples:

- What is better… a large ad or a small ad? The facts are: A 2-page ad attracts 25% more readers than a 1-page ad and a 1/2-page ad is about 2/3 as effective as a full page. Conclusion: If you are on a limited advertising budget (and who isn’t?), it is more effective to run a series of small ads than one large ad.

- What is better… a black-and-white ad or a color ad? A full-page color ad attracts 40% more readers than a black-and-white one. So, do you go with color or not? Well, it depends on the cost. If it costs more than 40% to use color, you stick with black-and-white. If it costs less than 40% to use color, you go with color.

Mr. King has coached thousands of business owners over the past 35 years and says, “Many business owners just don’t have the time to read an entire book about management theory. They would get more benefit by spending a minute or two to learn a new practical technique that they could use to improve their profits immediately. While $100 dollars doesn’t sound like a lot of money, if a business owner can apply just one idea a day, they would be making an additional $36,500 a year.”

Business owners could use the extra money to:

- Buy some equipment that would increase productivity.
- Pay off some overdue bills.
- Hire an assistant so they could cut back on their 60-hour workweeks.
- Go on a much-needed vacation.

Ed King, in addition to receiving an MBA with honors from the University of Michigan, is a CPA. Ed has been working with Fortune 500 companies and small business owners for 35 years. Mr. King has written three business books.

Ed is the “real deal.” He can size up any business situation in a few minutes, and give you a solid, practical, systematic method for solving your problem. Mr. King gives expert advice on accounting, taxes, financing, copywriting, evaluating business opportunities, marketing, and much more. He is a virtual encyclopedia of small business knowledge.

Ed King is also the small business “go-to” guy for the Detroit Free Press, Detroit News, Crain’s Detroit Business, Comerica Magazine, and Carol Cain dedicated an entire 30-minute television show to him on Michigan Matters. He has been quoted in hundreds of articles and in the best-selling book “The Obvious Expert.”

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Contact
Wayne State University
Ed King, MBA, CPA
313-577-4474
www.100dollarbiztips.com
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