Identify competitor weaknesses

A writer with the gift of a lively imagination can write something interesting in the way of a fanciful battle between customers and goods. Profit is financial gain or return from the use of capital. The more information you can gather, the better. Remember, time is of the essence to …

more ...


Project Management in Sales

In the early years of your start-up business, you'll almost surely experience a reduction in your take-home income just as you'll also experience the feeling of a lack of security. So they're afraid to go for it, for fear of their boss's reaction when things aren't done the way he …

more ...





Use prices to position your business

For instance, when taking on investors, whether they are family and friends, angel investors, or venture capital investors, there are securities law issues that may inhibit the way in which money may be accepted. She calculated that, when taking all paperwork into account, she spent roughly an hour on each …

more ...

A Simple Guide to Quality

Depending on your industry and the software you are using, it may be in your best interest to utilize graphics to enhance the presentation of any business plan. Production employees, for example, know how to handle materials, assemble products, test performance, and troubleshoot very specific problems. But you must protect …

more ...





Insurance requirements for Purchasing

Proactive operational systems control all business activities and deliver the desired and targeted results on time and on budget, in a super-efficient, super-fast, super-productive, and super-organized manner. Decide if you are a money-maker or a money-saver. Equity is the value of a business, investment, or property net of all amounts …

more ...



Risk more than others think is safe

Say your profit margins are shrinking slowly but steadily, and the trend seems irreversible. An interesting development is underway as companies attempt to develop special tools for handling these problems. It s essential to take criticism with a growth mindset, meaning that you should see every challenge as an opportunity …

more ...




Cover just the major areas

Some of these resources may be adapted to meet the requirements of particular counterparts but others will have wider relevance. Human capital consists of talents, skills, and knowledge residing among employees. Because with everyone adopting a pared-down mentality there is no need for you to spend money on flashy offices …

more ...


Managing Advertising

I successfully use advertising in specific industry trade magazines to sell my books, speaking services, and business-owner boot camps. The point is, the quality of your plan may have little or nothing to do with your prospects for getting funded by a particular investor. If you find that managing the …

more ...




Taking care of your Purchasing team

Online travel services are service substitutes for (and have largely eliminated) bricks-and-mortar travel agencies. Better to keep it to a couple dozen pages and stick to the truly important material. On the other hand, a banker is likely to be quite interested in seeing a contingency plan that will let …

more ...









All humans are entrepreneurs

Your website, your packaging, and your marketing campaign should let people know what to expect when they purchase your products. Depending on your business and what you intend to use your plan for, you may need a very different type of business plan from what another entrepreneur needs. If your …

more ...



Is Design your company's main focus?

Consider what you can offer to your customers, vendors, subcontractors, or competitors. However, the selling price of a stock is whatever a willing buyer will pay a willing seller, and is based on the expectation each has for the company's future performance. If your sales at first are small, you …

more ...



Never Lose Your Finance Again

Once you have defined your ideal customers profiles, you should take a few minutes to create an empathy map. As an entrepreneur seeking a bank loan, or any type of funding for that matter, you ll want to make sure you have everything in place, including all of your financial …

more ...