Why Price Matching Can Be Effective

Why is price matching an effective business strategy? It gives customers peace of mind that the price they are paying is as low as it gets. This strategy works for certain stores that can afford to do this but be careful using this strategy as a startup as being the...

Quitting Your Job to Start a Business

When should I quit my job and start a business? You shouldn’t if at all possible. You have 168 hours in a week. Build the company from day one without you working in it full time. This will allow you to have an incentive to grow the profit before you transition. This...

3 Advantages To Forming a Partnership

What are three advantages of forming a partnership? 3 Advantages To Forming a Partnership Twice as much gets done in the same period Two or more create more momentum The right partner ads something to the equation you lack (time, expertise, experience, capital, or...

Adding Additional Partners

What are the advantages to the existing partners of introducing a new partner in a partnership? This new partner brings new revenue through their client bases (very common in law and financial firms as well as consulting) they are bringing or they bring a new profit...

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