POSTS TAGGED : business success

What Your Small Business Needs in Order to Succeed

The cold hard truth is that more new businesses fail than succeed. While many people have the dream of becoming a small business owner, it’s easier said than done. Overall, you need to have your fundamentals covered in order to achieve long term success as an entrepreneur.

Small business owner working

photo credit: Cristina Morillo / Pexels

Below are some of the things your small business needs in order to succeed.

A Product People Want

The most basic fundamental of launching a successful business venture is of course having a good idea. However, just because you think your idea is great does not mean that consumers will agree.…

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What to Do when Your Business is Struggling

If your business is currently in a precarious financial position, you may be faced with some tough decisions ahead. It is unfortunate yet inevitable that during economic downturns small and medium-sized companies will struggle.

Failed businesswoman

You should not give up hope, however.

If you adopt a positive and active approach, you may find that your business is salvageable. At the very least, you will mitigate any risks to yourself. Here are a few tips for when your company is at risk of going under.

Evaluate Your Financial Position

It will be difficult for you to judge what you should to with your company without getting a clear picture of its finances.…

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Advice from the Pros On How To Take Your Business To the Next Level

How ambitious are you when it comes to your business? Are you comfortable with the way things are? Do the numbers seem to be adding up in your favor, and you want to cruise at your current level? Or, are you looking to improve and move up in the world continuously? Even if you’re going to remain remotely competitive, you must always understand your next step. That’s what you need to take to make your business more successful.

Business owner using fulfillment service

How can you do this? First, consider outsourcing your fulfillment services if you ship products to customers. Second, recognize the importance of hiring a designer for your website and graphics needs.…

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4 Essential Questions for New Businesses

Starting a new business is so exciting, but it can be daunting! There is so much to keep track of, so much to do, and seemingly not enough hours in the day. How do you even begin?

New business team meeting

While no one can give you the get-rich-quick recipe to instant success, there are tried and true ways of networking and finding a reliable customer base. Here are 4 essential questions new business owners should ask themselves on their path to success.

1. Traditional vs. Email Marketing

Snail mail gets a bad rap. The truth is that it is easier now more than ever to reach thousands of customers with the click of a button.…

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Visual Communication is Essential for Your Business Success

We often take the signs of businesses for granted because we pass by them every day. Sometimes as we head to our regular stops, the grocery store, restaurant, and gas station, we have stopped noticing the signs that advertise that these businesses are there. When a new business comes to town, we need to see those bright big signs as we discover our new favorite place.

The world of visual communication for business is always changing looking for new ways to get our attention, but there are some things that stay the same. If you want to be successful, you need a sign.…

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5 Success Tips from Donald Trump

Whether or not you agree with Donald Trump’s political views, there’s no denying his success in the business world. He’s one of the richest and most success business tycoons in America. He’s the owner of several companies and organizations, a powerful spokesperson, and a genius when it comes to entrepreneurship.

Donald Trump

According to Forbes, Trump is worth $4.5 billion and makes $250 million every year from his multiple business dealings. Trump Tower in Chicago is the fourth tallest building in the United States, surpassing the Empire State Building – a symbol of his wealth and power.

With all that success, Trump is a man worth listening to.…

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New Year’s Resolution for CEOs: How to Care Less About What Others Think

Whether you are a gardener or the CEO of an Inc 500 company, letting the opinions of others control every fiber of your being is unhealthy. Period.

I dont care what others think

Perhaps you drive a Toyota Hybrid instead of the Porsche you can afford because you don’t want to look like you think you’re all that. Or, perhaps you squeeze your savings dry to buy that Toyota Hybrid instead of taking the subway because you’re afraid that people will see you as a not-that-successful startup CEO?

If you are anything like the other 98 percent of the people who reside on this planet, you actually do care what other people think of you.…

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How to Turn 2015 into Your Breakout Year in Business Success

2014 was a good year for your business, but not a great one. It is not that you did anything particularly wrong. You considered the size of your business, and made decisions based on that. If things keep progressing in this manner, you are going to have a perfectly acceptable small business one day.

Climbing the success ladder

There is a good chance that if you stay the course, 2015 will also be just fine. But if you are wondering when you are going to have that breakout year, the answer is, never. At least, it is never as long as you keep thinking like a small fish in a big pond.…

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Using the 3P’s (People, Process, Product) to Make Your Business Successful

I’m sure many of you have heard this standard uttered lately by billionaire entrepreneur, Marcus Lemonis of NBC’s “The Profit”.

Perhaps you mistakenly think he coined the phrase?

Mr. Lemonis is definitely someone to be admired, and he’s successfully used this event-driven business management tool better than most. He defines a good investment as one that has at least two of the three P’s covered.

3P for business success

The truth is, the methodology itself has been around for a long time now. It exists in every successful business, industry, niche, system, etc. Any successful business owner can likely identify this process in their own business, even if they’ve never put their management practises into this context.…

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