Write it once

It is related of a Yankee book-peddler that he sold three copies of the same book to a family in one day--to the husband in the store, to the wife who was calling at a neighbor's, and to the daughter at home. But successful business owners know that the business …

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Workers in Production

All you cannot expect. If you are selling your products online, heavy ones will incur high delivery costs and put people off; if you are selling them in a shop, people will be deterred from buying heavy, bulky products because they can't carry them home, fit them in the car …

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Figure out your competitive advantage

They're on a mission, they try new ideas, change their behavior, change markets, do things differently, innovate, try new methods, and go against the grain. Although manufacturing is typically the most expensive of the four categories in terms of entry-level capital requirements, it offers great potential for rewards. Getting your …

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A poor approach to Strategy

In order to make customers aware of your company's uniqueness and expertise, and to develop loyal customer relationships, you must be willing to dedicate a small amount of time, energy, and money to your marketing program and sales systems. Somehow in her projections of steadily rising sales volume, she had …

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Be the Best in the Business at Production

In any economy, good or bad, people want to be treated with respect and are more likely to become part of your team if they see advancement and a corporate culture they can embrace. Jay Gould began in that way, and forty years later satisfied certain doubters of his financial …

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Your greatest weakness lies in giving up

If you are selling your products online, heavy ones will incur high delivery costs and put people off; if you are selling them in a shop, people will be deterred from buying heavy, bulky products because they can't carry them home, fit them in the car or take them on …

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Produce consistent results in Quality

Remember, time is of the essence to venture capitalists and other investors. The structure of a company s relationships is likely to take the form of a small number of close, complex relationships between counterparts that are individually significant for each other and a larger number of more distant, less …

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You may be truly innovative

There is nothing mystic, nothing mysterious in the applied method of the really resourceful men in this day of great successes, of marvelous achievements in business enterprise. Contact the customer a few days before the bill is due to remind them it needs paying, and then ring them the day …

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Purchasing on a shoestring

Bankers are less likely to provide startup money to turn a concept into a business, and they are even less likely to put up seed money to prove a concept unless you have a track record of launching previous businesses with successful results. Join organizations where your customers hang out …

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Is Your Company Getting Rusty?

The same might go for a software startup that comes out with a new program just before Microsoft unveils a top-secret, long-term development effort to create something that does the same job for a lot less money. Other fixed costs include depreciation, insurance, mortgage, and rent. Your job is NOT …

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A Simple Guide to Quality

And not only does it ensure you get paid promptly; if there is a recurring charge, for example a monthly or annual renewal fee to pay, it ensures you will get that on time, too, without even having to ask for it. In fact, the gap in cost between traditional …

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Workers in Finance

Brands that continue to target the middle of the market with a mid-priced product without giving a specific and compelling reason to buy it usually end up losing a lot of customers to niche competitors. When you find men working, work with them. They would limit absolutely the amount of …

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Do you feel confident in Sourcing

The approach selected may be affected by the downstream market strategy. In order to make customers aware of your company's uniqueness and expertise, and to develop loyal customer relationships, you must be willing to dedicate a small amount of time, energy, and money to your marketing program and sales systems …

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There is no shortcut

You can also use bulletin boards or company newsletters to publish smaller sections of your plan, such as your mission statement or some details of financial objectives and how you re progressing. You should also ask other business owners, perhaps in your local chamber of commerce, which ones they used …

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