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Entrepreneur Press - Start Your Own Public Relations Business: Your Step-By-Step Guide to Success

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    Start Your Own Public Relations Business: Your Step-By-Step Guide to Success
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Start Your Own Public Relations Business: Your Step-By-Step Guide to Success: summary, description and annotation

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The explosion of media opportunities and the rapidly changing communications landscape have served as key drivers for the public relations industry, creating huge opportunities for communications and PR specialists like you! Coaching you all the way, the experts at Entrepreneur show you how to parlay your PR experience into a successful new business. Our experts take you step by step from building the business foundation to managing day-to-day operations. Learn how to set up your firm, choose your market niche, prospect and sign clients, build media relationships, set fees, and more! Plus, gain priceless insight, tips, and techniques from practicing entrepreneurs and industry experts! Learn how to:

  • Set up your own PR firm
    • Choose your market niche
    • Win over, sign, and keep clients
    • Build strong, well-planned campaigns using the latest tools of the trade
    • Develop prosperous relationships and partnerships
    • Boost profits by expanding your business
    • And more Go from public relations pro to CEO! Start your own public relations firm today!
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    Table of Contents Additional titles in Entrepreneurs Startup Series - photo 1
    Table of Contents Additional titles in Entrepreneurs Startup Series - photo 2
    Table of Contents

    Additional titles in Entrepreneurs Startup Series

    Start Your Own
    Arts and Crafts Business
    Bar and Club
    Bed & Breakfast
    Business on eBay
    Business Support Service
    Car Wash
    Child Care Service
    Cleaning Service
    Clothing Store
    Coin-Operated Laundry
    Consulting
    e-Business
    e-Learning Business
    Event Planning Business
    Executive Recruiting Service
    Freight Brokerage Business
    Gift Basket Service
    Grant-Writing Business
    Home Inspection Service
    Import/Export Business
    Information Consultant Business
    Law Practice
    Lawn Care Business
    Mail Order Business
    Medical Claims Billing Service
    Personal Concierge Service
    Personal Training Business
    Pet-Sitting Business
    Restaurant and Five Other Food Businesses
    Self-Publishing Business
    Seminar Production Business
    Specialty Travel & Tour Business
    Staffing Service
    Successful Retail Business
    Vending Business
    Wedding Consultant Business
    Wholesale Distribution Business
    Preface
    Public relations: Good or bad, every company has them. Savvy businesses manage their public relationsand because they are experts in whatever product or service they provide, not in public relations, they will turn to a public relations expert to assist with this process.
    Thats where public relations firms come in. Even companies large enough to have an internal public relations department often retain an outside firm as well.

    Why do companies hire public relations firms? Many reasons:
    A strong, well-planned PR campaign can help a business in a variety of ways that go straight to the bottom line in the form of increased sales and profits.
    An outside agency will look at a company through fresh eyes, seeing public relations and promotional opportunities the owners and managers may miss.
    Using an outside agency allows a company to focus on its core business rather than spending time, energy, and money trying to develop expertise in a new area.
    An outside agency has the necessary skills, resources, and media contacts to develop and implement an effective PR campaign.
    Public relations have always been critical to a companys success, but in the past, they were easier to manage. Back in the days when there were just three major television networks and few people had even heard of the internet much less thought about having a personal computer in their homes, managing the flow of information about companies and products was far less complicated than it is todayand than it will be in the future.
    The explosion of media opportunities and the rapidly changing communications landscape are key drivers in the growth of the public relations industry. But theres much more to an effective public relations strategy than simply media, and companies are recognizing the need to be proactive when it comes to their image. According to the Council of Public Relations Firms, public relations spending will increase 11.8 percent to $4.26 billion from 2007 to 2011. The U.S. Department of Labors Bureau of Labor Statistics projects that employment in the public relations field will increase faster than average through 2012.
    Its important to stress that this is not a manual on how to do PR, although we will discuss some specific strategies and techniques. This is a guide on how to set up your firm, how to choose your own market niche, how to acquire and maintain clients, and how to manage and grow your own company.
    If youve been thinking about starting your own public relations firm, now is the time, and this book will walk you through the steps.
    So What Is PR Anyway?
    Public relations, or its abbreviation PR, is one of the more misused and even misunderstood terms in the business worldyet its a critical element in a companys marketing strategy. If youre going to operate a PR firm, you need not only to understand what that means, you must also be able to communicate it to your clients.
    Public relations is the relationship a company or organization has with its various publics, and those publics include customers and potential customers, employees, suppliers, investors, the media, and the general public. Typically in business, the term public relations is used to refer to the management of public relations. As a public relations professional, your job is to help your clients with that process.
    The process of public relations is one of helping an organization tell its story and build goodwill with the public and those who influence the public, such as the media. The ultimate goal of PR is credibility.
    The Role of a Public Relations Professional
    Successful public relations practitioners are able to see themselves and their clients from a variety of perspectives, including through the eyes of every public the organization has. PR professionals are pivotal to the communications process,ensuring that messages are clear, honest, unambiguous, easily understood, and appropriate for the target audience.
    Some PR firms are primarily implementers, taking direction from clients without being involved in strategic planning. This narrow role is short-sighted on the part of the client because a skilled PR professional can provide far more value if he or she is involved in the entire public relations process. This means becoming an integral part of the clients team, learning the clients operation and goals, helping to put together a strategy that will take the client from where it is now to where it wants to be, and then assembling the necessary elements to implement and monitor the strategy, and make adjustments along the way when circumstances dictate.
    Bright Idea One of the best ways to learn the public relations business is to - photo 3
    Bright Idea
    One of the best ways to learn the public relations business is to get a job with an agency. You can get paid while you learn the ropes. It will also give you a great perspective on how to treat your own employees later on.
    Ethics and Responsibility
    The power of public relations brings with it a tremendous amount of responsibility. Perhaps PR professionals should follow the principle medical students are taught: first, do no harm. History is full of examples of PR professionals who, either intentionally or not, used the public trust they cultivated to convey a message that turned out to be wrong.
    The father of public relations, Edward L. Bernays (18921995), was the nephew of Sigmund Freud, which could be why he was able to incorporate an astute grasp of human behavior into his work for clients. His work should be studied by every PR professional today. Many of his campaigns are legendary, such as when he promoted Lucky Strike cigarettes during a time when women smoking in public was not acceptable by arranging for a parade of debutantes to march down Fifth Avenue while smoking. He is also credited with convincing America that a proper breakfast was more than just coffee and toast; it was bacon and eggs.
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