I have seen statistics that a franchise business has a 90%+ chance of succeeding 5 years in business. Why do manufacturing businesses and franchises do so well? Due to the relatively high capital...
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My Definition of Marketing is the process by which information about a product or service designed to meet a need - real or otherwise - is presented or communicated to those who have the need. The...
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I want to introduce six simple, yet powerful questions to help you analyze information you gather from discussing your business ideas with your customers, suppliers. Ask yourself these questions...
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Michael from Small Business Branding has an interesting article titled "Forget Freelancer. Think Savvy Solopreneur." The part I am pulling out to comment on is: You don't have to start...
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In an article at Forbes titled "The Price is Wrong" Tom Taulli covers four important and often overlooked pricing issues including: Price On Value, Not CostLook At The CompetitionEveryone...
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Via Forbes: Business Plans Gone Wild: Mistakes are common with business plans.... Google's original business plan did not even include paid search (which, of course, is the core business model)....
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This article is for every business owner and entrepreneur who has struggled to build a business. You work hard and are profitable and yet you just know that there has to be a better way. Or you might...
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Knowing where you are at in the life cycle of your business is an important if you expect to make good business decisions. It is also very important when buying a business. 1. Development Stage: This...
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Today I start a series on finding a retail location for your small business. Unlike a business-to-business (B2B) firm that can reach out to potential customers by hiring sales people a retail...
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Over at Google Answers someone paid Google $10 to an answer this question: Tax Write Offs When Self-Employed. Via Business Opportunities weblog. I was curious why someone would pay Google $10 to find...
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Quality questions that cause us to evaluate and explain our feelings, opinions and ideas are powerful. We can use questions to help create greater clarity, focus and excitement. The power of a good...
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Courtesy Business Opportunities Weblog are ideas, specifically 10 Businesses For Work At Home Moms that are an excellent primer for moms who are looking for a work-at-home business opportunity. What...
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The strength of a small business is to adapt and move quickly to changing circumstances. One of the most common weaknesses I see in business is the lack of income diversification. The average small...
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You wouldn't jump off a cliff unless you thought you had a reasonable chance of not falling to your death. Yet entrepreneurs do it everyday. Some days I really wonder what entrepreneurs are...
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Passion is an Essential Ingredient for the Solo Entrepreneur Don't misunderstand I am passionate about business and excited about the opportunities I have to help other business owners each and...
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Ask me a question and get an answer. I will answer any question on the topic of business planning, no strings attached. Depending on the question I will either answer via a comment or I hope to be...
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A well-run business operation is a wonder to behold. They do such a great job serving customers needs. In the book I am now finishing (availability summer 2006) I mention that restaurants are some of...
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Obviously, having a healthy profit margin is essential to every business' success. However, studies have shown that the primary reason for a business to become successful is due to systems,...
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It is often difficult to speak with busy people. Leaving numerous messages on voice mail has limitations, and I think we have become overly dependent on voice mail. Call Screening Sucks - But Make...
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Apparently, it is the older systems most at risk to the March 11 DST change over. If you have Windows Vista, XP, 2003, or Mac OS X, you can rest knowing that the DST Transition will be fairly...
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Doing business internationally is good business it can also can tie your money up while goods are in transit. Add to that additional time while the products are being inspected by the customer in...
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What is the value of something? That depends. In the industrial economies, mass outputs mattered. Andrew Carnegie created his wealth through the control and management of raw materials and resources....
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