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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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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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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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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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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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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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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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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Daymond John is best known as one of the investors on ABC’s Shark Tank. A true rag to riches story, John has become an inspiration to many people who dream of entrepreneurial success. From humble beginnings [..]
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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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