You stopped by to read this article most probably because you have to make a business plan for yourself or for someone else. How would you feel if I say that what you are going to read is 5 pages long report on how to make a business plan?...
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<p>E-commerce has minimized the need to put resources into a tangible area such as stores and warehouses.</p>
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Investment is important for the development of any country and indeed sector. There are two kinds of investments domestic and foreign investment. Investments, however, are crucial for new innovations in the pursuit of greater customer satisfaction and brighter financial rewards. So, if you are planning to set up a...
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Enthusiast entrepreneurs like me often are in need to pull back their horses to prevent any haste decision before entering the gigantic world of business. If you are new and want to make it big in the market make sure you SWOT your business before it’s too late. What the...
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Early in my career, I have no clear picture of whom I am looking for, I was with some people who weren’t the right fit. I allowed others to paint the picture for me. Invariably, they painted their pictures. Then I discovered that the pictures they painted of themselves...
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Step 1: It always starts with an ‘Idea’. Having an idea is not enough to attract funds. You will need to dig deep into your idea, breaking your idea into parts with the intention to identify what is ‘unique’ about it. What solution are you providing and to what problem?...
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1. Have an idea. It might be a product you’ve always wanted to make, or a service you feel people need. It might even be something people don’t know they need yet, because it hasn’t been invented! It can be helpful—–and fun—–to have people who are bright and...
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You know that multitasking is a bad idea. You may even know that frequent multitasking shrinks your brain and lowers your IQ. But did you know that, far from saving you time, multitasking cuts your productivity by a whopping 40 percent? That frightening number comes from Devora Zack, CEO...
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For many companies, worrying about expansion and diversification can seem like a luxury. After all, one of the biggest struggles for a young company is identifying even a single core offering that will drive the brand and business in the first place, let alone expand beyond its current parameters....
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Here are 20 Inspirational Quotes for healthy business: 1. “You can’t have a million-dollar dream with a minimum-wage work ethic.” — Stephen C. Hogan 2. “When I was young, I observed that nine out of 10 things I did were failures. So I did 10 times more work.” —...
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There are as many ways to evaluate as there are fish in the sea, but here are some basic topics that I use to measure my success keep me open to future opportunities. 1. Simplification I know you have heard of the KISS Principle: Keep It Simple, Stupid! This...
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According to Business Survey. magazine, 33% of all new businesses fail within the first six months. Fifty percent of new businesses fail within their first two years of operation and 75% fail within the first three years. Here are the leading reasons of business failures. 1. No...
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Great salespeople earn trust by solving your problems, not by selling what you don’t need. Ask any person how they would sell a comb to you as if you were a bald person, and most of them will emulate a Glengarry Glen Ross attitude, and start saying things as: “This...
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“To succeed in these times of breakneck change, companies will often recruit a board of directors to help them make more effective decisions and lead them in the right direction during stormy times. By consulting men and women of wisdom these organizations reduce the number of mistakes they make,...
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In the world of finance, an asset is something that puts money in your pocket. In the world of business, an employee is hired to do the same thing for a company. An employee uses their knowledge and skills to earn money for themselves and their employer. 1. Be...
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Online store You don’t have to be a big-box retailer to start an online store. Whether you sell directly to consumers or use a drop-shipping service, all you need is a website and the right e-commerce software to get started. You can sell your own products or items...
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Growing any business is a challenge. Growing a new business–which usually also means limited resources to invest–is many times more difficult. Here are seven tips and tricks to help grow your new venture with no money. Build relationships: Relationships matter and good ones may be the most important...
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