Growing vs Scaling a Business: The Difference Between the Two
1 year ago
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For some entrepreneurs, the terms “growing” and “scaling” a business are often used interchangeably. However, they represent two distinct strategies for expanding a company’s operations and [..]
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Understanding the Implementation Stage of the Entrepreneurial Process
1 year ago
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The entrepreneurial process is such a thrilling symphony of dreams, ideas, and the ever-so-sweet sound of innovation. You’ve got a lot of ideas, but building a business is not an easy task. There are steps to ensure [..]
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Aggregator Business Model: Definition, Examples, Advantages, and Disadvantages
1 year ago
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Customers are always looking for an easy and more cost-effective way to live their lives. Some industries have helped the general public do this for decades. However, over the past 25 years or so, aggregator businesses have [..]
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Key Target Markets for Fine Dining Restaurants
1 year ago
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The restaurant industry is one of the most competitive on the planet. Currently, there are over 1 million food establishments in the U.S. alone. This can be intimidating for food establishment owners and food entrepreneurs. [..]
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Scaling a Business: Understanding This Step in the Entrepreneurial Process
1 year ago
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There are some terms in the business and entrepreneur communities that are used a lot but that new entrepreneurs may not be familiar with or understand. One of the most common is the concept of scaling a business. Scaling [..]
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How to Attract Your Target Market
1 year ago
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The concept of attracting rather than pursuing your target market fundamentally shifts the dynamic of consumer engagement. Instead of running after your customers and trying to convince them they should buy from you, why not [..]
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Measurable Goals: What They Are, Examples, and How to Set Them
1 year ago
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Most entrepreneurs and leaders understand the importance of goal-setting. Having clear business goals can help you maintain a focus and know just how far you’ve gone or see how far you need to go. This is only possible [..]
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B2B vs. B2C Business Models: 9 Key Differences Between the Two
1 year ago
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When starting a business, it is important to know who your customers will be. For many entrepreneurs, the decision to become a business-to-business (B2B) company or a business-to-consumer (B2C) company is an important one. [..]
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10 Customer Service Goals Businesses Should Set
1 year ago
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Customers will always want two things from a business they choose to do business with. The first is value for their money. This includes both actual and perceived value. The second is a good customer [..]
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The Business Model for Digital Healthcare Explained
1 year ago
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Technology seems to continue to disrupt industries while creating new business models where companies can serve customers, clients, and even patients better. One of the newer business models that has become a force in the [..]
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