Business

Man looking at his laptop screen with a smile

Are you struggling with your small business? In your mind should it have "taken off" by now? Many times it is easy to get ahead of ourselves and forget to have all of our bases, that really help us experience success, covered. Lets take a look at some basic business strategies that many overlook in the excitement of getting your business up and running.   Thanks can go...

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Young man working late into the night at his home office desk

Segmenting your market for growth is so crucial to help carve out a new corner of the market. A business performs a market analysis to identify its customers along with their various needs and wants. A critical aspect of a market analysis is finding the market growth rate, which refers to the rise in sales among your customer base over a given period of time....

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Man reading business plan at night and checking his watch

  If you are not already convinced of your need for a business plan, let me give you a bit of info concerning one. A business plan conveys the organizational structure of your business, including titles of directors or officers and their individual duties. It also acts as a management tool that can be referred to regularly to ensure the business is on course with meeting...

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Two people are at a table across from each other about to have a job interview

  Exit Interview! What is that? Who does that and what is it for anyway? They are totally outdated and for bad managers anyway! So, is the exit interview a dinosaur destined for the tar pits? Not hardly, especially considering the challenges small-business owners face staying connected to their employees.   How valuable the exit interview is to all parties greatly depends on the skill of the interviewer,...

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A man and a woman coworker smile and high five each other in the retail store front

Have you ever sat back and wondered why businesses with pretty much all of the same facilities and ingredients often perform very differently?   My consideration on the reasons for the difference between a business that might be referred to as "good" and one that is referred to as "bad" is that the difference comes down to 3 things: Knowledge and Expertise, Systems and Efficiency, and Culture   I do not have any...

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Man reading business plan at night and checking his watch

  Hey, are you busy? If you are like the rest of us, you are. Everybody’s busy! Because we’re all so busy, management of our time is one of the most important skills to have and one of the hardest to master and implement.   After doing research and asking experts, there are good management tips that are easy to implement.   Make a Calendar Making a calendar is the...

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A bearded man draws a blueprint on his desk

As much as we would love it, business does not just wander into our laps. We all have to get out there and hustle. I'm giving you tips here in a series of blogs that I know will be beneficial to you and help you find the customers you need. You may want to print this out, post it up and get ready for sales. Create quality marketing tools This means you need to...

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  Core competency: essentially what a business does well that distinguishes it from other businesses. Now, this is a very general core competency definition. However, a broad definition is necessary as the term moves into general usage and is applied to businesses of all sizes. The original definition applies only to large businesses.   In The Core Competence of the Corporation (1990), they describe core competence as...

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  Businesses fail every day, and they fail for reasons that are repeated over and over again. Fear can make you question what you're doing and why you're doing it. It can cause you to over plan, and never take the first step. It also can eat away at your confidence, and eventually, leave you feeling incapable of taking action.   Three of those reasons are:   You...

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