9 Products That Sell the Best During a Recession
When the economy struggles, and people begin to pinch their their hard-earned pennies, there are some products that stand their ground amid turbulent times. While other products go stagnant in sales, there are a few [..]
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Travel Agency Business Model: What It Is and How it Works
In 1758, Cox & Kings became the first travel agency in modern history. Since then, the traditional travel agency model has grown and evolved into a $149 billion industry while the new online traveling agency model [..]
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Business Harvesting: Understanding This Step in the Entrepreneurial Process
Business and the entrepreneurship process include many different phases and stages. Each stage presents opportunities and challenges. One stage that nearly every entrepreneur looks forward to is the stage when they can enjoy [..]
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Tactical Goals: What They Are, Their Examples, and How to Set Them
When setting goals for a business, leaders need to understand their objectives, their company’s capabilities, and their mission. Without understanding these things, entrepreneurs, business owners, and leaders [..]
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The Subscription Business Model: Definition, Examples, Advantages, and Disadvantages
According to a report by McKinsey & Company, the global subscription industry is expected to reach $2 trillion by 2025. This is an astronomical number but shouldn’t be much of a surprise since 86% of [..]
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The High Touch Business Model and How it Works
As an entrepreneur, you’ve most likely established your startup having recognized a gap in the market. Or perhaps you’ve identified the opportunity to introduce a unique product or service that your [..]
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The Beauty Salon Business Model: Types, Advantages and Disadvantages
3 months ago
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For many people, a trip to a beauty salon is something to look forward to. Many people love the idea of going someplace to improve their looks, feel better about themselves, and socialize with others. Centuries ago, beauty [..]
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Macromarketing: What It Is and How It Works
3 months ago
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For a business to succeed, it needs to understand which marketing strategies best suit their brand and support their goals. This means deciding which marketing channels to utilize. It also means deciding which marketing [..]
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Strategic Goals: What They Are, Examples, and How They Work
Strategic business growth is a goal of most entrepreneurs and business leaders. Strategic growth is the deliberate and planned efforts of a business to expand its operations, increase its market share, or enhance its [..]
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7 Signs Your Business Has No Brand Identity
When you look at your business’s logo, do you ask yourself, “Does this really represent the kind of company that I want to be?” It’s challenging to build a good brand identity if your business has [..]
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