Posts tagged ‘business development’

How To Expand Your Business: Growing Your Business Part 3

Posted May 20, 2013 under 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

Posted May 17, 2013 under 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

Posted May 15, 2013 under 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 Entreprenuers Must Avoid

Posted April 16, 2013 under Business, Sales and Marketing | 13 Comments

Building your own business is a very exciting activity. Once you’ve discovered your passion, and committed yourself to its vision and mission – nothing else will seem to matter, and you’ll feel unstoppable. That is until you come to the point when you’re already running your business, and begin to feel drained and exhausted because […]

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How To Keep Your Business Ahead Of The Competition

Posted October 7, 2009 under Business, Sales and Marketing | 6 Comments

When you have a successful business, expect competition to come. Competitors, specially 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

Posted July 7, 2009 under 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

Posted May 29, 2009 under 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

Posted May 13, 2009 under Business, General Information | 164 Comments

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

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Planning A Business Production System Part 2

Posted March 27, 2009 under 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

Posted March 25, 2009 under 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

Posted February 10, 2009 under 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

Posted December 21, 2008 under Business, Sales and Marketing | 13 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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