| Developing Business Collateral |
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| Written by Jose |
| Wednesday, 06 May 2009 10:40 |
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When starting up a company, or as your company grows, you’ll want to provide updated information about your business to employees, investors, existing and potential clients, and especially the media. This is the idea behind collateral items. Preparing collateral items, such as company and product fact sheets, can be important to your company’s success. The following items should be available to your customers yesterday. Topics in This article
Company Fact SheetEveryone you’re trying to reach should be able to learn important facts about your business with a quick look at your fact sheet. Capabilities Brochure or Product Fact Sheets Used for highlighting your company’s services or products. Include the following information: BiographiesHave a bio on hand for the founding members and managers. A bio should include: Mission StatementIn the movie of the same title, Jerry McGuire (played by Tom Cruise) writes a mission statement, and all it gets him is a devoted wife – Dorthy Boyd (played by Renée Zellweger). But mission statements are capable of doing even more. It takes effort to write one but the statement serves as a basis of the ideas that are at the core of your organization. A mission statement can also motivate and direct employees and lets new hires know what you value. The statement is important to potential investors, lenders, and members of the media as well. Company BackgroundUnlike the fact sheet, this document should be more detailed and written in paragraph form. This is an opportunity to tell your firms story and might include important milestones, their dates and other benchmarks. How your company has changed or endured a significant problem also can convey a lot about your business. Current List of Clients and PartnersThis information may interest investors and potential clients. It adds credibility and experience to your company. Press Kit When you start your business consider preparing and sending out a press kit. Press kits are very useful for the media, trade shows, events and other public relations purposes. Tip: Don’t keep a giant stack of them around because some material might get outdated. Instead, keep each element of the press kit in a computer file, and update and output it when needed. Clip FileCollect any articles written about your company. Make sure you forward copies to the appropriate contacts. |
| Last Updated on Wednesday, 22 July 2009 13:15 |




