In previous articles, we’ve looked at why businesses must work within specific models depending on what they offer the market. Identifying exactly how your company makes money gives you the edge where, as an entrepreneur, [..]
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When starting a business, it’s important to choose a business model that will prove effective for you and your company in the long run. This may surprise you, but a staggering amount of small business owners are [..]
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The ecommerce business model utilizes online resources to allow customers to purchase items online with ease. This type of business model has seen massive growth in the past decade.
Over the last 15 years, major global [..]
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It’s unquestionable that marketing your business directly affects its long-term success. Marketing strategies differ between various business models, but there’s something out there for everyone. If you’re [..]
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Although there are many reasons someone decides to start their own company, such as independence or pursuing their passion, a common motivator is to make money. Depending on the nature of your business, this doesn’t [..]
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With the popularity of online shopping, many people have questioned whether brick-and-mortar businesses can still compete with online models. Starting a traditional business that involves a physical location, to many, seems [..]
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Online businesses have permanently transformed the way companies engage in commerce. Compared to Brick-and-mortar stores, Internet-based businesses have reduced start-up costs. Despite this, most people pass up this [..]
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Business model and business plan are two terms that get confused quite often. People assume that both are the same, and their confusion often leads to a failure in their business or startup.
Still, they have some significant [..]
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