Posts tagged ‘business development’

How To Expand Your Business: Growing Your Business Part 3

Published: May 20, 2013 | Business | 4 Comments

This is the last part of this series. If you missed the first two parts, then you can read it here: Part 1 and Part 2. We’ve finally come to the third and last installment of this series, which discusses the different opportunities you can take if you want to expand your business. There are […]

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Overcoming Obstacles in Business Expansion: Growing Your Business Part 2

Updated: September 24, 2014 | Business | 1 Comment

This is the second part of this series. If you missed Part 1, then please go here first: Reasons For Expanding Your Business: Growing Your Business Part 1 Now that you’ve decided that you want to grow your business, what will be the challenges ahead? From experience, entrepreneurs are often faced with three obstacles when […]

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Reasons For Expanding Your Business: Growing Your Business Part 1

Updated: May 20, 2013 | Business | No Comments

I always advise people to start small when putting up their own business for the first time. “Keep it simple so it would be easy to manage,” I’d say. Not only does this cost less, but it also gives new business owners the proper time to nurture an entrepreneurial mindset. Then after some time, usually […]

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Early Business Mistakes That Entrepreneurs Must Avoid

Updated: April 15, 2020 | Business, Sales and Marketing | 14 Comments

Building your own business is exciting. With passion and commitment to your vision and mission, nothing else will seem to matter, and you’ll feel unstoppable. That is until the time comes when you’re already running the business, and you begin to feel drained and exhausted because there’s just so many things you need to do. […]

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How To Keep Your Business Ahead Of The Competition

Updated: October 31, 2020 | Business, Sales and Marketing | 6 Comments

When you have a successful business, expect competition to come. Competitors, especially those who will imitate your business and will put a store right next to yours is something you should accept as a fact of life. Believe me, it happens – and it happened to me at least four times already. Many first time […]

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How To Know If Your New Business Will Be Successful

Updated: July 20, 2019 | Business | 4 Comments

A business can be considered as a moderate to high risk investment. However, it is also one of the best ways to make money and reach financial freedom. Moreover, starting a business can be easy. Most of the time, it’s just a matter of having the courage and adequate resources. But as most entrepreneurs know, […]

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Reader Mail #8a: Your Business Start Up Questions Answered

Updated: November 15, 2013 | Business, Reader Mail | 3 Comments

Welcome to another edition of Reader Mail. For today, I will be answering several questions sent by readers regarding how to start a business. Let’s now read some of the emails I received in my inbox. Please note that the names of the senders have been excluded for privacy and the responses may have been […]

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How To Write A Business Letter Of Intent To Rent Or Lease A Space

Updated: May 20, 2020 | Business, General Information | 194 Comments

If you’re interested in putting up a business inside a mall, the first thing that the mall administration will ask from you is to submit a business Letter of Intent (LOI). A Letter of Intent is not a document we often see. That’s why most entrepreneurs don’t know what to write inside it. Some might […]

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Planning A Business Production System Part 2

Published: March 27, 2009 | Business | 5 Comments

This is the last part of the series, be sure to read the first part here: Planning A Business Production System Part 1 So far, we’ve discussed human resource, raw materials, and equipment and machinery. These are our primary considerations when planning for a business production system. In this second part, we’ll talk about the […]

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Planning A Business Production System Part 1

Published: March 25, 2009 | Business | 10 Comments

Production is an integral part of a business, specially for retail ventures. Even if you have a great product, if you cannot meet the demands of your market, then your business will not enjoy optimal profits. This is why having an efficient business production system is important. It ensures that you’re producing quality goods that […]

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Build On The Core Competency Of Your Business

Updated: February 27, 2019 | Business | 3 Comments

One of the things that make a business successful is when it is able to leverage on its core competency. When competition is high and the market is saturated, building on the core competency of the business is usually the best strategy to outprofit your rivals. But what exactly is core competency? Why is it […]

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Marketing Campaign Planning In 10 Simple Steps

Updated: September 22, 2014 | Business, Sales and Marketing | 14 Comments

A business cannot survive without effective marketing strategies. It doesn’t matter if you have a home-based business, a modest city-block store or a corporate enterprise – you need to always have a marketing plan. A business cannot solely depend on walk-in customers or client referrals, it needs to continually reach out and make themselves visible […]

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E-Commerce For Entrepreneurs – Internet User's Guide to E-Commerce Policies

Updated: April 19, 2015 | Business, General Information, In Focus | No Comments

A few days ago, I wrote about the different types of internet businesses that one can put up. That article prompted a lot of inquiries from my readers which sent to my inbox a number of requests for assistance on several aspects of e-commerce and other online ventures. Some of the questions I received such […]

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