The Lean Business Model Explained
In the world of business, it’s no secret that minimizing wasteful expenses can forge a surefire path to success. Although many business models tackle this dilemma in different ways, one of the most efficient [..]
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7 Reasons for Low Employee Retention
Does your business seem to be a revolving door for employees? Does it seem like nobody wants to work at your company, or that people just seem to be quitting for no reason? Constant employee turnover can be a problem, but [..]
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7 Companies that Successfully Changed Business Models
When we start our businesses, we often know what we hope to accomplish. However, what businesses look like when launched may not be their final form.
When you think about some of the most successful businesses on the [..]
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Quantitative vs Qualitative Goals: How They Work Together
Running a successful business requires resilience, patience, and strategy. Many entrepreneurs struggle with the latter, particularly with effective goal setting.
As an entrepreneur or business owner, you’ve probably [..]
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Mobile Marketing vs Social Media Marketing: Understanding the Key Differences Between the Two
Mobile marketing in contrast to traditional marketing, is a form of digital marketing that specifically focuses on mobile users. Those who are on the go usually access the internet via their smartphones or tablets. Another [..]
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7 Types of Supervisors and How They Lead
Being a leader is an honor and privilege. As a leader, you are given the responsibility of guiding a business or other organization toward success. You are also able to motivate, teach, and reward those around you who [..]
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The Target Market for a Catering Business with Examples
Operating a catering business is an exciting venture. As a caterer, you get to participate in meaningful social, business, and cultural events. However, it isn’t all fun and games. Running a catering business requires [..]
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How to Communicate Change to Employees
As an entrepreneur or leader, you know that in order to advance your business, you often need to implement changes.
The world is changing quickly. Markets, technology, and the workforce have seen tremendous shake-ups within [..]
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10 Essential Skills Needed to Be an Entrepreneur
Entrepreneurship is like no other job in the world. You’re required to create value out of thin air and then market your creation to the world. But, to do this effectively, you’ll need a [..]
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Why It’s Important to Know Your Target Market
Do you have an idea for a new product or service? Are you launching a small business that you hope will stand out among the competition? In order to succeed, you must know your target market. Not knowing your target market [..]
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