Posts Tagged“business tips”

In the business world, especially in the service industry, competition is unavoidable. Even if you are an innovator who’s bringing a fresh idea to the market, there will eventually be imitators who try to steal you clients. But it is possible to protect your service business and boost its success in the face of competition. All you need do is utilise the following tips; Know the market Knowing the market is about staying aware of the needs of your active client base as well your potential client base. By knowing and keeping in mind the needs of clients, your business…

If you have been slowly growing your small business, there comes a point at which you can’t grow anymore with a deliberate expansion of your office space, your geographical reach, your customer base, or perhaps by upgrading your technology or processes.  When you get to that point, there are important decisions to be made, with the question of how to finance that expansion, either by finding investors or raising capital through a cash advance being one of the most important.  Before committing to expanding your business, be sure to ask yourself some important questions to be sure that you are…

Small businesses have limited marketing budgets and don’t have the luxury of using several marketing channels. Many simply pick one, cross their fingers and run with it. Small businesses also do not have the time to test out the different marketing channels. They need a channel that’s proven to work and one that will deliver near immediate results. These unique needs of small businesses make email marketing a no-brainer. Email marketing has been proven time and again to deliver results with minimal investment. And, not just for small businesses, Fortune 500 companies continue to use email marketing to build an…

One could argue that it’s one of the biggest decisions you’ll ever make in relation to your business. If you get expanding overseas right, your company’s profits could be more than you could have ever imagined. However, get it wrong, and years of hard, domestic graft could be down the drain. Unsurprisingly, a lot of companies decide to stay on home soil in a bid to avoid all of the risks. While the rewards can be tremendous, delving into unchartered territory certainly isn’t for the faint-hearted. To put the decision in context, moving across the United States is a huge…

If you are tired of being part of the corporate world, what do you plan to do about it? As more and more Americans are discovering, being a home business owner does have its perks. While you’re not drawing a regular corporate salary (typically every two weeks or so), you are working for yourself, charging clients the rate/s you are most comfortable with, and avoiding potentially long commutes. So, if some or all of those aspects of being a home business owner appeal to you, are you ready to roll up your sleeves and get to work? If so, having…

Being in charge of a small business in today’s day and age can be both beneficial and downright challenging. On the plus side, there are ample opportunities out there (when one knows how to seize them) to take a small business idea and run with it. On the down side, complications may arise (some under your control, some not) that can hamper your progress or even bring you down at some point and time. That said the success or failure of your small business almost always boils down to money, typically how much or how little of it that you…