One of the most difficult things in business is coming up with an idea for products or services that you know people want. With so much competition out there, the market is saturated with companies and you need to be offering something a little different. But even if you do find a unique selling point and have an idea that you know is likely to...
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It’s 2018, and the world is changing pretty rapidly. This is something you need to assess properly because it is going to help you when running a business. Being a modern entrepreneur is all about the way you look at the changing business world, and how you can position yourself in it in a successful way. Running a small business is different to being at...
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The new business owner has enough on their mind. They will also have enough to do. This means that when it comes to trying to find anything at all that can save them time, energy and expenditure, it’s always a wise course of action to opt for that path. There are many effective time saving techniques a new business owner can use. This could help...
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In business, success boils down to making a profit. At the end of the day, those 5-star reviews don’t count for much if you’re struggling to keep your head above water. If you’re an aspiring entrepreneur, or you’re desperate to make your small business a viable, long-term venture, it’s crucial to keep an eye on the figures. If you’re not generating sufficient profit, there’s a...
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It’s already difficult enough for any traditional business to get a loan from the bank. But new businesses and especially startups have insurmountable obstacles to convince a lender. In fact, startups are the riskiest loans of all. Understandable banks tend to reject any application coming from a startup. But it’s not to say that you can’t or shouldn’t get on with your business idea. Think...
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