Many entrepreneurs believe that having a great product or service is all that is needed to run a successful business. Nothing could be further from the truth. While having a great product is important, nobody will buy from you if they don’t know you exist. Marketing your small business is the key to enjoying successful […]
Business Models Primed For International Expansion
Anyone who has faced the enormous obstacles of starting their own business while sipping on a cup of Starbucks coffee or reading an email or two from an Apple computer should know that the struggle to make it in the competitive business world is not impossible – take Starbucks and Apple, for example. Many years […]
How to make your brand stand out
Regardless of the size of the business you run or the sector you operate in, you’ll be aware of the need to make sure your organization stands out from your competitors. After all, if people aren’t able to easily recognize your company from others in the industry they may be less inclined to make use […]
FUNDING YOUR BUSINESS FROM STARTUP THROUGH DAILY EXPENSES
Nobody plans to fail they just fail to plan. That statement is no less true about the business world than any other aspect of life. One cause of new business failure is lack of funding and the inability to properly anticipate cash flow problems. However if you take the time to fully explore your possibilities […]
What Data Drives Your Growth?
One of the most valuable assets that any startup has is the data the business generates as customers interact with your website. Data on what they click and which pages keep them hooked help you grow your site in tune with your audience. If you’re rethinking how you want to present data to your customers, […]
Startups in the US vs. Europe
Thinking about starting a business overseas? The current economic news might have some thinking twice, but the European market is complicated. Some countries are doing quite well, like Germany, but others are slipping in the economic scale. In America, so much is dependent on an inactive congress. In this period of political and economic limbo, […]
How to Capitalize on the Oil Industry
Crude oil is arguably the most important natural resource in existence today, and possibly even the most important in history. The oil industry as a whole generates hundreds of billions of dollars in revenue each year. Due to increased production in the US and Canada, OPEC is predicting a slip in demand for their crude. […]
The Costs of Opening a Restaurant
According to figures cited on the Small Business Administration website, when planning to start your own business you should anticipate a cost of about $30,000. This is a blanket figure that doesn’t cover some of the unique circumstances a restaurant may encounter. Opening Expenses Opening expenses are easy to forget when you are mentally conceptualizing […]
Manage Your Business by Managing Your Time
As a small business operator, you are first and foremost a manager. You manage a budget. You manage processes. You manage people. But your most important management task is one that often slips under the radar. You need to know how to manage your time. Time wasted is money lost. And unfortunately time can be […]
The Most Important Quality for Entrepreneurial Success
Honesty, determination, persistence, optimism – there are an endless variety of characteristics that determine the success of entrepreneurs. However, one quality stands out among others; a quality that is common among most entrepreneurs. In short, emotional intelligence is the special quality that can push entrepreneurs towards success. What is Emotional Intelligence? In order to understand […]