What is a Micro Business, And How Can You Succeed With One?
A micro business is a small, low-risk business that can be started easily without much investment. It’s also sometimes called a “Mom and Pop” company because only one or two people typically [..]
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5 Internet-based Business Models and How they Work
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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Understanding the 4 Cs of Marketing and How to Incorporate Them into Your Business Practices
As a business owner or the driver of a company’s marketing efforts, your main goal is to ensure that your products and services are, in fact, in demand. Once you’ve ascertained that they are, your next [..]
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9 Steps to Create Custom eLearning Design
The learners are going digital, and so are the resources they use for learning. Many organizations are adopting digital solutions to create high-quality, engaging e-learning platforms which are easily [..]
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5 Businesses that Do Poorly During a Recession
A recession is a global phenomenon that affects every industry in some way. This can be hard for businesses to plan for, as you must be prepared for all what-ifs in your business model and finances. Even if you aren’t [..]
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7 Crafty Business Ideas for Creative People
The popularity of selling crafts has grown, thanks to websites such as Etsy. Crafting and selling products through an e-commerce store has grown easier thanks to technological advancements. During the pandemic, many [..]
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How Did Oprah Get Rich?
Oprah Winfrey was bound to have an encouraging life story considering her difficult path. Born in Mississippi and raised by her single mother, Oprah had a rough childhood that included abuse and poverty. However, this [..]
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Understanding the Differences Between a Business Model and a Business Plan
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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5 Ways a Recession Affects Small Businesses
When building your business, it’s easy to look at all the exciting opportunities that lay ahead and dream about the future possibilities that await you. It’s imperative to prepare yourself and your business for [..]
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3 Types of Vertical Integration to Understand for Business Growth
Vertical integration is a strategy businesses can use to help them achieve their goals (others can be viewed here). It involves buying other companies to increase sales, reduce costs or improve efficiency. The main [..]
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