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Business Strategies

Should you buy an existing business?

Img source Running a business can be fun, exciting, and profitable. However, you should realize that starting a business is going to be costly and very difficult....

Buying a business without a broker

When looking to open a business venture, most people would naturally think of building one from scratch. Even so, starting from the ground up...

Company Sold For Millions After Turnaround

Murray Duncan approached KSA Group via their website www.companyrescue.co.uk 10 years ago when his company, Paralaw Limited, was facing severe financial distress and cash...

5 reoccurring features of every unsuccessful business bid

Competitive bidding is used across all industries as a procurement method to acquire the best possible price for goods or services. The idea is...

5 barriers to business success

If you are considering starting your own business – or are in the process of it – it’s crucial that you’re aware of the barriers...

Demystifying Product Research: Strategies to Find Winning Business Opportunities

In today's competitive business landscape, finding winning business opportunities requires careful product research. By understanding your target market, analyzing industry trends, and identifying gaps...

How to Implement a Business Exit Strategy 

Let’s face it. Many businesses fail within the first year. A staggering 18.4% of businesses don’t make it less than 12 months after they...

What is a business plan and what is included?

A business plan is a document to visualize and outline the long-term goals of your newly founded company. It’s needed for outside funding but also...

How to successfully write a business plan

When starting a new business, entrepreneurs often wonder if they really do need to invest time and resources in writing a business plan. Well,...

How to Start a Production House That Thrives

No matter if you’re a filmmaker who decided to be his boss. Or an entrepreneur who chose this line of work to dedicate himself...

The right foundation everything you need to know about starting a construction company

The construction industry is one of the largest industries in the United States. It includes more than 700,000 construction companies and more than 7...

Clothing business a safe bet

People wear clothing for various reasons. The most basic ones include covering the body, to make themselves attractive and to non-verbally communicate to others....

Doing business in Denmark advice for entrepreneurs

So, after analyzing potential opportunities, you have decided that Denmark could have many things in store for you, from an entrepreneurial point of view....

Boosting productivity in entrepreneurs how can you get more out of your day

As business owners, it is common for entrepreneurs to always think about boosting productivity in business and expanding beyond their establishment’s current standings. What...

Characteristics of a successful entrepreneur

If you are an aspiring entrepreneur and looking for advice on how you can improve on yourself and your skills to develop yourself as...

The Role of Network Services in Expanding Franchise Operations

Today's business landscape is heavily reliant on robust technology infrastructures, especially for franchises looking to expand. Effective expansion is not just about opening new...

Excited about buying into in a franchise these 6 tips will help you avoid failure

Buying-into a franchise means becoming a party to a contractual relationship in which you (the franchisee) pay an initial fee as well as regular...

Are You Right for a Franchise? 7 Questions to Ask Yourself

If you want to start your own business, purchasing a franchise can be an alternative option for starting a brand from scratch. As a...

Tips for creating an emergency evacuation plan for your business

As a business owner, you want to ensure that your employees know what to do in case of an emergency. If you don't already...

How to Hire the Right Telephone Answering Service

A customer's experience of being served by your company is a significant factor. This helps in determining whether or not he will continue to...

7 Important Things To Prepare For Running A Business

Once you submit a few forms, receive the required licenses or permits, and offer a legit service and product, you can consider yourself a business owner. That...

5 Tips For Managing A Successful Retail Store

Image Source It is no secret that retail stores are dealing with more competition than ever. The range of opponents is no longer restricted to...

Low budget marketing ideas for small business owners

Marketing is one of the most important aspects of building and running a business. People can’t buy from you if they don’t know you...

10 Common Menu Design Mistakes Restaurant Need to Avoid

As a restaurant owner, you should know how to utilize an outstanding restaurant menu design to your advantage. Menus themselves are already powerful tools...

The Importance Of Corporate Governance Consulting

Successfully operating and running a business, regardless of its size and the products or services offered, is a constant challenge. And issues on a...

5 Tips to Help You Improve Stakeholder Engagement in Your Business

When we think of stakeholder engagement, the first thing that comes to mind is probably something along the lines of big corporations and their...

Community impact and helping others the future for this wealth management firm

It’s easy to talk about corporate social responsibility - it’s rare to find a company that doesn’t talk about it but walking the walk...

Starting up a business here are the marketing tips to keep in mind

Starting out a business is exciting, however, it can be stressful and there are lots of things that you are going to need to...

Do it like the giants what SMEs can learn from competitive industry leaders

It is not an easy task to run your own small or medium enterprise (SME). More often than not, your SME will have to...

What is an LLC and why is it the best structure for startups?

An LLC, or a Limited Liability Company, is a corporate structure or legal business entity that we are used to seeing beside small business...

Potential Benefits of Setting Up your Business as LLC

There are a lot of options and choices when you have an idea or concept. To make the right pick, you can either conduct...

Wyoming LLC Chain: Can One LLC Own Another LLC? 

One LLC can own another LLC in whole or in part and this can be achieved using a series LLC structure. A series LLC...

The advantages and disadvantages of a SWOT analysis

A SWOT analysis might be one of those things that you have heard about but still have very little understanding of. The name itself...

Alex Nieora on the difficulties facing entrepreneurs during the COVID-19 pandemic

Many entrepreneurs fear their business will no longer be profitable in a few months. Most are struggling to calm their own anxieties along with...

Can I start a business on a tier 2 visa?

A Tier 2 visa is available to those who have been offered a skilled job in the UK and are outside the EEA and...

7 practical reasons hiring a business broker is essential when selling your business

There is a lot that goes into selling a business. For most business owners the task of selling their companies proves to be overwhelming....

10 Profitable online gaming businesses you can start cheap

So, you love playing online games, but you struggle to pay your bills? Consider launching a business within the gaming industry. Think critically. What...

How to start a profitable number plates business

The car industry may have its ups and downs, but for now, it’s not going anywhere. The reasons behind owning one or more vehicles...

The types of small businesses that you can start from your garage

Did you know that some of the largest companies in the world today started out from a garage? Some of the best ideas in...

How to choose a cleaning service for your business

If you own a business, it is absolutely essential to keep your office clean and well-maintained. Typically, the best option is to outsource the...

7 Types of large format printing

The large-format printing space continues to change and progress as new technologies get to the market. The increased demand for large prints has also...

Meeting global and local needs

Siemens AG is a global electrical and electronics business with a turnover of £53 billion. The business employs over 450,000 people. The company base...

Driving change through training and development

A Northern Rock case study Every organisation needs to move forward and face the future. In order to do so it must take decisions which...

Locating a business to enhance the customer experience

One of the most important decisions a business has to make is where to locate. The location of the business can have a significant...

Using planning to construct a better future

Planning is the process of deciding what you want to achieve in the future and then thinking about ways of making it happen. First...

The role of investment trusts in the capital market

The capital market enables individuals and organisations with spare capital (money which they want to invest) to channel these funds to businesses and other...

Developing vision and values to build a market strategy

This case study focuses on Eversheds, one of the largest law firms in the world. It emphasises how Eversheds uses vision and values to...

Customers, process and people

Customer service describes the activity of identifying and satisfying customer needs and, over time, exceeding customer expectations. This case study focuses on how Standard...

Consumer focused product development

We live in a consumer driven society in which the choices made by ordinary people play a large part in shaping decisions made by...

Creating innovation for competitive advantage

Companies must innovate in order to keep ahead of their competitors. If an organisation wants to create a business strategy that keeps it at...