Creating a business strategy plan helps businesses get from point A to point B successfully It includes steps, resources, priorities, and goals Without a clear plan or business strategy, employees don’t know how to achieve a goal Developing a strategic plan helps businesses focus on the goals and the future If you don’t practice creating […]
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There are a number of ways to scale that all businesses learn along their journey Here are 8 of them as per today’s business trends 1. Spotting a gap in the market What makes you better? This question can make or break your marketing ability and eventual success For eg. If your business is selling
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There are a lot of people dreaming about what successful entrepreneurship will be like after the pandemic A lot of employees are quitting their jobs and becoming entrepreneurs too While this is a good dream, for many it is just a dream that will never be a successful endeavour One reason why most people fail
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Many businesses get stuck because they don’t scale at the right time Others lack knowledge of scaling up and growing their business and some feel scared Here are a few tips to scale your business effectively- 1. Focus on the future: Don’t base decisions on where you are as a business Base them on what
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An entrepreneur can create a progressive culture that encourages their employees to do be a leader Only having some business values or mission in company culture is not enough Developing a strong culture is necessary to motivate employees which creates better performance for the company An entrepreneur is the founder, who builds and grows their
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Companies often reach a certain point after which they don’t realise how they can work towards scaling At such points, the company needs to figure methods for growing the brand strategically Making the customer number one and how you serve them is the key strategy to scaling a business By using some examples of
Scaling your company – Growth Strategy Read More »
Prevent your Business Partnership From Going Bad Partnerships in India have seen a lot of ups and downs especially when you start a business within your family There are a lot of strategies you can implement to prevent your partnership from going bad 1. Pick the right partner Your choice in a business partner can
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Humans have always told stories and they’re a vital part of our daily communication, but stories have meaning beyond entertainment Storytelling is a strong business skill if implemented effectively It can boost a business in a number of ways like customer loyalty, strong marketing strategies, and profit This method conveys purpose and businesses with purpose
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Stage 1: Existence In this stage, the main problems of the business are obtaining customers and delivering the product or service Among the key questions are the following: Figure if you can get enough customers, deliver your products, and provide services You need to expand from that one key customer to a much broader sales
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Many first-time entrepreneurs start a new business solo, managing all the hard work of starting and running a business alone. Let’s look at the pros and cons of starting a business solo vs. starting a business with a partner. 1. Pros and cons of starting a business solo: Benefits: A sole proprietorship is the simplest
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