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As a business owner with plans to build a thriving company, it is important that you know and understand the details of each aspect, even if you elect to hire outside or in-house professionals to handle some of the workload.
Three essential startup skills every entrepreneur needs are the ability to learn and apply new information, communication skills, and organization skills. Knowing the operations side of your business is only half the battle -- use these three critical skills to maximize the success of the business side of your company.
They say the only sure things in life are death and taxes. For small businesses, the adage should be if you don’t manage your taxes, they will be the death of your business! Failure to keep up with tax liability is a common pitfall for business owners, but there is no reason to fear the tax man.
The effects of the failure can be observed, for example, on organization, processes, product or service, finances, marketing and sales. The causes can be related, for example, with strategic planning, implementation, management, control, human resources, absence of competitive intelligence and external factors like market dynamics or government regulations.
This article is the second half of my original article "FREE Tools & Resources for Start-ups & Small Businesses"...
This article will introduce you to some of the FREE business tools available for you and your business and all you need is an Internet connection and a motivation to try.
Many businesses fail because the owner fell into the trap of starting a particular business because it either sounded pretty cool or was in a hot industry. You have to realize that in order to be successful, you have to start the right business; and the right business depends on YOU. Here's what to look at and think about before taking the plunge...
We all have fears and hence we have excuses to rationalize our fears...Read the complete article for the most commonly used excuses for not starting a business and some practical ideas to overcome those fears and deal with the excuses...
Marketing, already so many times defined, however, we would like to place, not a definition, but several focuses that, at the same time, are complementary and they create a broad vision.
A must read before you try to set-up a business for someone else... I'll try to give some points which one should take into consideration before starting a business for his wife.