Feb 17, 2020 | Sean Answers
When they say 95% of businesses fail, what do they mean by that? Does it mean they went bankrupt? They didn’t earn any money? This statistic constantly changes, but the commonly shared figure is that most businesses (90%) never make it through year 10. One in two...
Feb 17, 2020 | Sean Answers
You negotiate best when you have leverage or power. You must have something that the other party wants. If you have a very attractive business to sell—with proof of how great it is—then you have more leverage in asking for more money. Be realistic and find a price YOU...
Feb 17, 2020 | Sean Answers
What is a good business name for a fitness studio focused on balance? FIRST, go to the Make Your Own Way | GoDaddy and test all your name ideas there to make sure someone else does not own that domain name for your business. This is always my first step in finding a...
Feb 17, 2020 | Sean Answers
There are 4 key reasons why a business doesn’t grow. AVOID THESE. You have a product or service no one is interested in. You are charging more than your customers perceive your offering is worth. You are not marketing it well and not enough customers know what...
Feb 17, 2020 | Sean Answers
Need more people to buy what you’re selling? That’s what marketing is for. Ask some simple questions: Why should someone buy what you are selling? What advantage do you offer over your competition? What problem are you solving or what need your are...
Feb 17, 2020 | Sean Answers
How do I get a mentor that will guide and advise on how to structure a startup business from both legal, operational effectiveness and strategic planning perspective? The best way to find the right mentor is find someone who has already SUCCESSFULLY achieved what you...
