Oct 9, 2020 | Articles, Sean Answers
Does the correct pricing structure increase revenue? OBVIOUSLY Increased pricing not only increases revenue but it also increases margin as well making more profit for the company.
Oct 9, 2020 | Articles, Sean Answers
Will you aspire to have a business that creates value for society? Or a business that creates value for the shareholders? Why Why can’t they do both? Let’s be clear when someone starts a business that creates jobs that is great for society. When someone sells...
Oct 7, 2020 | Articles, Sean Answers
How should I spend my money for business? Don’t spend money on anything that does not get the company off the ground. You spend money on proof of concept first and then on attracting customers. These are your 2 primary focuses for a startup and should be the only...
Oct 7, 2020 | Articles, Sean Answers
What is the ability of a business to identify customers before they make purchases? The ability to determine your “target customer” the person most likely to buy what you are selling is one of the steps in your business plan. Determining who will buy from you allows...
Oct 7, 2020 | Articles, Sean Answers
How can social skills enhance entrepreneurs’ success? Social Skills do make a difference and will improve your entrepreneurial success. 5 Examples of why social skills help an entrepreneur: When interviewing potential employees. When selling to your clients or...
Oct 7, 2020 | Articles, Sean Answers
Why is a business plan referred to as a road map? You start with your current destination (an idea you think can become a business) and then after doing your business plan you have created the actual strategy that will take you to your hopeful destination a profitable...