For more information about the BNI Lafayette Business Expo on Sept. 13th, contact Tony Sandlin: tony@bni-indiana.com
August 2011 Articles
BNI Lafayette Business Expo Sept. 13th
Wednesday, August 31st, 2011advertisement
Asset Values Just Inched Up Slowly
Wednesday, August 31st, 2011“Joe” is a business owner. Even when he was a young boy, he just knew he’d own a business some day. He started out small, and built it slowly but steadily. After years of hard work, it was three times the size of his start-up. Exciting times! Each year, during his annual review, his insurance agent asked him if he had enough coverage for his equipment, office furnishings, etc. And each year, he said yes.
A fire ignited one evening which resulted in a major loss. While walking through what was left of the building, he began listing items he could remember. It was easy with the big equipment, but not so easy with the smaller stuff. There were so many items he couldn’t even recognize. However, that really didn’t matter in the end. You see, he was not properly insured as he assumed, and before he was even 1/2 way done listing the big stuff, he had already maxed out his insurance policy coverage. When in the busy world of business ownership, days fly by and you just don’t realize how much you accumulate. Office equipment, production equipment, furniture, electronics, appliances and even decorative items. They all add up. And when purchasing these personal property items one or just a few at a time, you just don’t realize how much you own. You’re unaware of the investment you’ve made to furnish your growing business.
It’s important to know the value of your business assets so you can be properly insured – an inventory created and then kept current will provide this information.
Joe is still in business, but his business is back to the size it was when he started decades ago. The proper insurance, backed up with a thorough inventory, would have provided a much happier ending.
Cindy Hartman
Hartman Inventory, LLC
317-501-6818
cindy@hartmaninventory.com
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Luke W. Russell and Lisbeth Calandrino added to Radio Indy Smallbiz Lineup
Tuesday, August 30th, 2011

Radio Indy Smallbiz is bringing authors from indysmallbiz.com to their own weekly 30-minute programs on the Radio Indy Smallbiz line-up.
Please welcome two new programs to Radio Indy Smallbiz:
Luke W. Russell, at 9-9:30am each Friday, starting this week, and
Lisbeth Calandrino, from 9-9:30am each Tuesday, starting next week.
Listen in this Friday at 9am to Luke W. Russell.
Let everybody else know too about Luke’s show.
Go here to connect: http://InstantTeleseminar.com/?eventid=22209735
Go here to connect
Next Tuesday at 9am, Lisbeth Calandrino will be interviewing John Gifford, publisher of indysmallbiz.com and owner of Radio Indy Smallbiz, about Radio Indy Smallbiz’s birth and its future.
Please promote Lisbeth’s show via your email list, via your social media.
Please share the link to access her show:
http://InstantTeleseminar.com/?eventID=22245834
Please share the link to access her show
Also, Wayne Brewer, Serial Entrepreneur, is on Mondays 9-9:30am.
Connect with his show next Monday here:
http://InstantTeleseminar.com/?eventid=22156815




Do Not Leave Social Media to the Interns
Tuesday, August 30th, 2011I was reading an excellent post over on MSN’s Business on Main about why it is important to watch young people when they are using social media on behalf of a brand. The post gives you a few tips of how to monitor, and build a digital strategy. I talk about this at length in many of my training and development sessions. While the younger generation (my generation) is intelligent and extremely skilled in the use of social media… it does not mean they have developed into a brand manager or marketing professional. Here is a great quote from the article:
“There is a disconnect between the old-school marketing generation, who moves slower but understands the value of brand management, and the younger social media generation, who moves fast but settles for quick and dirty,” says Lorrie Thomas Ross, a self-styled Web marketing therapist based in Santa Barbara, California. “That can make a business quick, but you also end up in the dirty camp.”
Let me be clear… this does not mean there are NOT the individual who could handle the call for social media management. I would like to think I could handle the development of a brand on social media. However, I have not had the depth of experience that a seasoned PR pro brings to the table. There is a balance to be had on both sides of the table.
It is important that we understand the true nature of a marketing program. It is not (completely) about what type of tools we use or content we create. It is about how we plan and implement the strategy for the overall development of the brand. Strategy and content always come before action and vetting is always important.
Brainstorm with a team that has years of experience… from 2 to 25 years. It is important to have both sets of minds around the table. An alliance between the old-school and the new-school is extremely important for the future of brand management.
kyle lacy
mindframe
(blog) www.kylelacy.com
(web) www.yourmindframe.com
(join) www.smallerindiana.com
(tweet) kyleplacy
Tags: Business advice, indianapolis small business, Kyle Lacy, social media tips
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