Category

Business Planning

7 Marketing Strategies to Help Your Business Grow

7 Marketing Strategies to Help Your Business Grow

By | Business Planning, Entrepreneurship, Small Business Growth, Small Business Operations, Small Business Sales

As a business owner, you put so much thought and energy into mapping out the path for your business to grow. One step you can take to increase your return on investment is to develop a solid marketing strategy. A good marketing strategy will increase your brand recognition, and will take into account all marketing channels which will help to grow your business. By developing a really good marketing strategy,…

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How to Get Your Small Business Launched Successfully

How to Get Your Small Business Launched Successfully

By | Business Planning, Entrepreneurship

Many people dream of owning their own small business but quickly give up the idea once they realize that starting and launching it is a lot of hard work. It can seem positively overwhelming when you consider everything you must do all at the same time. To reduce your stress and keep your momentum going, focus on just one thing at a time before moving onto the next task.  …

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How do I Find the Business Coach That is the Right Match for Me?

How do I Find the Business Coach That is the Right Match for Me?

By | Business Planning, Small Business Growth, Small Business Sales

When you’re new to running a business, it’s a good idea to take advantage of all the help you can get from those who have been at it a while. Most business owners can use the input of a coach whether they have just launched a start-up or are trying to grow their business to the next level. However, it’s important to carefully evaluate the person you want to act…

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3 Key Metrics Every Business Owner Must Track to be Successful

3 Key Metrics Every Business Owner Must Track to be Successful

By | Business Planning

As a business owner or manager, you may have a vague notion that your business is doing well or that it isn’t, but unless you have real facts and figures to support either of these two assessments, you won’t really know how your business is doing. In order to gauge the true financial health of your company, it’s important to constantly monitor the key performance indicators (KPI’s) which are yardsticks…

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Which Type of Financing is Right for Your Business?

Which Type of Financing is Right for Your Business?

By | Business Planning, Small Business Growth

It shouldn’t come as a surprise to you that covering expenses and having enough left over to pursue growth is one of the biggest challenges of all new businesses. This is especially true when the company is new and you may not have turned a profit yet. It can also be difficult to know which type of financing to pursue. Below we discuss some of the most common types of…

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What is a Business Plan and Why Do I Need One?

What is a Business Plan and Why Do I Need One?

By | Business Planning

If you’re considering starting a business, writing a business plan is essential to help you meet your goals. Most traditional lenders also require it if you plan to apply for a small business financing loan. Investors are interested in this document as well. When you write a business plan, it allows you to pull several pieces of your planning strategy together in one place. It also gives you a concrete…

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5 Things to Consider When You Value a Business

5 Things to Consider When You Value a Business

By | Business Planning, Small Business Sales

  When you’re trying to value a business, there really isn’t a set formula for doing so, which means it’s entirely possible that you get it wrong. However, even if you do misfire a bit on the actual worth of a business, what really matters is how much it’s worth to you, and that simply can’t be defined by any system of metrics or finance. Even when you do factor…

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How to Hire for Success.

Small Business Employees Make a Big Impact. How to Hire for Success.

By | Business Planning, Small Business Growth

As a small or start-up business, it can be challenging to compete with companies with larger budgets to attract top talent. After all, your company probably doesn’t have the same name recognition as one with a branch in every state. That doesn’t mean that you can’t attract the most talented people to work for your company, however. You just need to get smart about your hiring strategy. Go Beyond Flashiness…

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7 Important Factors That Affect Trust in Business

7 Important Factors That Affect Trust in Business

By | Business Planning

Before discussing the seven factors that influence trust in business decisions, it should be understood why trust itself is such an important commodity in the world of commerce. It should never be overlooked or forgotten that business decisions and transactions always occur between people, i.e. individual persons and not organizations, governments, or agencies.   Whether you’re dealing with vendors, customers, or employees, you are always engaged with individuals, and you…

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