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“I don’t want to do business with those who don’t make a profit, because they can’t give the best service.” – Richard Bach, American Author Profit is the oxygen of any business. If your business is not making profit, you have a hobby, not a business. We all go into …
Choosing a niche for your business can seem daunting but niching down can help to systemize your business so that you can more quickly and effectively scale it. Here are several questions to consider when choosing a niche. How Easily Can You Get Customers Results? One of the most important …
The COVID-19 pandemic has caused many companies to make changes to their business operations. Some have had to completely pause their operations, while others are functioning on a more limited basis. Still, others have found ways of pivoting to keep their business afloat. A crisis highlights the significance of having …
How to Cut Costs in Your Business during Uncertain TimesRead More »
The purpose of a business plan is to help guide your business to success. It can also help you to get financial support for your business from financial organizations or from investors. The plan includes various sections, such as descriptions of operations, sales, and financials. In this article, we will …
It is important to continually set goals for your business, to keep it going in the right direction. Many people set goals at the beginning of the year, as a New Year’s resolution. However, business goals should be set, monitored, evaluated, and adjusted throughout the year, as needed. In this …
Have you ever been in a situation where you were having a conversation with a potential client, they asked you what your price was, and you were not sure about how to respond? To be able to present your price in a self-assured manner, you need to be confident about …
How to Present Your Pricing to Potential Customers at the Right TimeRead More »
Your business costs can change dramatically over the months. Your vendors may boost their prices, you may need to spend more on tools, software, employees, and more. Evaluating your business costs, at least every six months, will keep you aware of how your costs are changing over time and what …
You may have reached a point in your business where you want to start scaling. To do this successfully, it is important to have effective systems to support your operations, as well as a dedicated team. As your business grows, you need to be able to maintain the quality of …
As you probably know, it is easier to retain customers than to find new ones. But in order to retain them, you must know how to keep them satisfied. In this article, we go over some tips for keeping your customers happy, to gain their loyalty, and increase their customer …
How to Increase Customer Loyalty and Lifetime ValueRead More »
Do you feel like you are working too many hours in your business and you don’t have enough free time? You probably want to make more money but realize that your time is limited. Here are some things that you can do to get a better return on the time …
