Category: Business & Start-ups
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7 Important Steps to Startup Small Business
Many people harbour dreams of starting their own enterprise and though they may be possessing sufficient knowledge about their domain, what they lack is an awareness about the approach to transform their dream into reality. A basic guide listing steps to startup a small business has been provided for their assistance. 1. Personal Evaluation The…
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5 Types of Equity Financing for Small Business
For any small business, injections of capital can become a great necessity, especially when it comes to emergencies, growth or important purchases. When most business owners think of funding, the first methods that come to mind tend to be credit cards, loans or partner investments. But equity financing is an option that can be incredibly…
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10 Simple things that will lead to Success in Your Business
We are just a month and a few days into the new year, and many people have been making changes or improvements to ensure that they achieve better results this year, so this brings us to this question, ”what can you do specifically to ensure that you achieve success in your business in this new…
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Types of Businesses you can start as an Entrepreneur
The following are some of the different types of businesses that you can start as an entrepreneur. Sole Proprietorship The simplest type of business is a sole proprietorship. This is started by one individual. Sole proprietorship have the least amount of paperwork associated with them, and often they’re run in the same name of the proprietor. The…
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6 Tips to a better small business budget
Budgeting is important for any small business because it enables you to come up with an estimation of what is needed in terms of dollars. Estimating and matching expenses to revenue (real or anticipated) helps small business owners to determine whether they have enough money to fund operations, expand the business and generate income for themselves.…
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How to increase your sales now
Although many people may be more cautious in spending money, they do still need the goods and services. The person they will do business with will be the one who provides the best value and finds creative ways to stay in front of them. The following are sales and marketing strategies to maintain and even…
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Factors to consider when starting a small business
When you finally discover that you will never make it big working for someone else, the idea of starting a business comes up. What should you look at as the best small business to start? Most entrepreneurs give up at the first step-finding the right small business to start. The following are some of the…
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Steps to sales success
Sales strategies have undergone a transformation in this new age of digital communication. Interactive technology, real-time data and online ordering have dramatically changed what it takes to win. True sales leaders don’t confuse activity with results, they know how to create the kind of engagement that matter. The following approaches allow you to accelerate the…
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Steps to starting your own business
They are so many variables to look at when you are planning to start your own business. Here we look at the common factors that can act like the basic things to consider. Your answers to these questions will help you narrow your focus. This step will help to get thinking and planning. In order…
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How to Inculcate Business Culture to Create a Successful Business
Business culture can mean many things, depending on how you view it. It can either be a brand, motto, values, behaviors, uniforms etc. It could also be service level, return/exchange policy, or customer appreciation gestures. When we talk about culture we mean a set of attitudes, beliefs, behaviors and customs. These cultural traits are ingrained…