Essential Rules for Using Social Media for Business

First, as a small businesses often have no budget to create their own websites, setting up accounts and fan pages on social networking sites (SNS) is a quicker, more practical way to reach potential clients.
Second, people are increasingly putting their trust on peers and family and less on traditional advertising for must by products and must-try services. And yes, a very good way to reach family and friends is through social media. With a good offering a small business can fight it out with big players as long as it keeps its
consumers satisfied.
10 Things you must remember when using SNS for your business.

1. Don't attempt to please everybody. Your business either deals with another business (business-to-business, or B2B), or serves consumers directly (B2B). You must therefore have a deep

Using Social Media and other Cost-Cutting Tricks for More Business Savings

Today, online marketing is one of the fastest growing modes of entrepreneurship. The internet and social media particularly can be use to transform your business and converting your promotion expenses into big savings. Learn and understand the following and do it into your own business.

1. Hire virtual assistance. "Get your business automated; the lesser employees you have, the better," "Employing people who are good at multitasking can save you tons of money."
2. Hire the best and pay them generously. A friend had related a years ago said that their company "was saving millions in taxes every year because they hired a great accountant. This accountant knows the ins and outs of corporate tax legalities. No wonder they're paying her generously.
3. Make friends with experts and ask their advice for free. "I made some quality  friends online and offline-event organizers, accountants, lawyers, graphic designer, and others. On certain occasions, i ask their opinions through calls, text messages, or e-mail. Believe me, I got the answers from them for free. In return, I do the same thing for them."
4. Use social media to advertise online. With people starting to spend more time on the internet, many major brands are shifting their marketing campaigns online through Facebook, Twitter, and YouTube. "If you can do it right, you're going to save millions in advertising costs."