The Blog
Why Forecasting is Useful in Business
Why is forecasting needed for business planning? Forecasting is what you hope and wish will happen in regards to revenue/cash flow but it nothing more than a wish in regards to a startup. I have never had a company do what I projected good or bad. Some were more and...
Can You Run a Business from Your Home?
Why is it illegal to run a business out of your home in the USA? It isn’t for some businesses and it is for others. I would not want a nuclear power plant business in a residential neighborhood nor would I want a strip joint or bar.
Advice for Starting a Small IT Company
What advice would you give someone who is starting a small IT business? Continue to know what your customers want from you in the business you are in. Be a customer-centric business that delivers more than your competition and charges accordingly. Don’t ever be the...
Operating a Business Without Physical Space
What kind of business does not require a physical place to operate? Online businesses, a service company that is small as well as being a product/manufacturer representative. There plenty of businesses that do not require a location.
Failures are Speed Bumps to Success
Would you consider failure to be a seed for learning? Failure is always a learning lesson if you choose to look at it that way. Failure is the speed bumps to success. It does not stop you it just briefly slows you down.
How to Have a Real Lean Startup
What are the best tips for creating a lean startup? HOW TO HAVE A REAL LEAN STARTUP Don’t spend a penny that is not absolutely needed to get proof of concept and or acquires customers. Think like a minimalist. Your goal is to just get this business breathing and that...
When to Go Full-time with Your Venture
How do you know when you’re ready to go full-time with your venture? It is generating a profit and or can replace 1/2 hour employee earned income. If you are under the age of 30 with no partner, mortgage, or kids you can take the leap anytime you want.
9 Traits of Successful Entrepreneurs
Is it necessary to go to business school to open a small business? What educational tools would I need? Not at all! Having an understanding of the industry you are in would be much more valuable. After that, you need to develop the qualities of successful...
When to Review Your Business Plan
How often does your company revise its business plan? It is a good idea to review your business plan annually after you get through the startup phase. In the startup phase, you may need to adjust the plan more for things you never saw coming. When to review your...
What Makes an Entrepreneur Tick?
What makes an entrepreneur tick? Great entrepreneurs are very competitive, love building a team and culture, and thrive on the challenge of taking an idea as well as the accompanying risk and turning it into a profitable venture.
Successful Strategic Marketing
what is the main purpose of Strategic marketing to the organization? 3 MUSTS FOR A STRATEGIC MARKETING PLAN Successful Strategic Marketing is attracting potential customers to your product/ service with the result being a sale. So your strategy needs to focus on one...
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