More often than not, startups run on a very tight capital, which makes inefficiency some sort of a luxury that they cannot afford. Alas, inefficiency in just about any industry is an everyday reality, costing startups and long-running businesses alike. Still, a startup needs to battle inefficiency to work. To succeed in business, a startup…
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When we think entrepreneurship, the image that often springs to mind is a footloose and fancy-free lifestyle with flexible working hours, no annoying boss and ultimately, if not riches beyond our wildest dreams, then a very comfortable income. The reality of starting a business is however, a little different. Before you dive head-first into your…
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~by Sam Cyrus~ . Starting up your own online business may look scary, and the big part of being your own boss is that you have to make it up as you go. However, there are various advantages to doing this, and in the end, working it out yourself is part of the challenge. There…
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As an entrepreneur or first-time business owner, there is a whole suite of essential elements you need to know about – before you can power through and quit your day job. These elements are what will guarantee your business runs profitably and can support itself without pushing you into tough financial times, or insanity. Take…
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Your brand name establishes the foundation for every one of your future branding attempts. It needs to create a point of connection between yourself and your audience, and it should explain who your business is and what is represent. Just as a solid name can help the success of your brand, a poor name can…
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~by Lizzie Weakley~ . Starting a business can be intimidating for even the most seasoned of entrepreneurs, but one shouldn’t feel intimidated even if it’s their very first endeavor. There are a lot of business ideas that are relatively simple and straightforward, as well as concepts that can tie into a unique, quirky interest or…
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Deciding to start a business is an exciting, pivotal moment in an aspiring entrepreneur’s life. It’s also when the real work begins to turn an idea into a profitable business model. There are many different ways you can approach the business launching process. In this five-step guide, we’ll cover how you can start planning and…
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~ by Amanda Peterson ~ The sales field is a competitive landscape where seizing just one opportunity to be a step ahead can make or break a business. Much like the sales industry, the technology industry is always changing and new efficiencies are being created every day. These tech advancements have bled into the sales…
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~ by Haziqa Ishtiaq ~ Entrepreneurs or “solopreneurs,” top businesses or newbie startups, like PennySaviour, all need the power of social media to get their word across to the thousands of people in the world. We are not in the Stone Age anymore; we are in the world of the internet where it is possible to…
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All business owners understand there are specific laws that apply to operation. While some laws are specific to a particular industry, there are still several other laws that apply generally to all establishments. Managing a business is not always about cash flow and increased sales, but how the employees and the customers are treated and…
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