7 Secrets to Quickly Grow Your Business

Credit: Peshkova/Shutterstock New business owners have numerous goals when they’re starting out, including rapid growth and recognition for their fledgling venture. But overnight success isn’t often the standard: There’s no specific “special sauce” to add to the recipe for instant results, and nothing is guaranteed.However, there are ways to reach growth milestones that can catapult…

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What to Produce, How to Produce and For Whom to Produce

business

ADVERTISEMENTS:The Central problems of what and how much to produce; how to produce and for whom to produce are determined by the free price mechanism. (i) What to Produce:Let us consider the first question: ‘which commodities are to be produced and in what quantities? The commodities which do not command positive prices in the market…

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7 Tips to Successfully Grow Your Business

Like many business owners, I wasn’t born to be an entrepreneur, I never planned on running a business, and I most assuredly had no experience in successfully growing one.  However, over the course of my nearly 21 years of business ownership, I have learned a few things that have helped keep the bumps and bruises…

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14 Marketing Strategies and its importance in Business

Basic Importance of Advertising

The term “marketing” is associated with selling your company’s products and services. You must first bear it in mind that marketing is not just an important part of your business success rather it is the business itself and this is because of the fact that everything else in the business depends upon marketing. Mark Cuban, owner of the Dallas Mavericks and several media and entertainment companies, puts it as succinctly as possible: “No sales. No company.” Advertising is the most obvious marketing activity, but so is consumer research, which better…

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How to Turn Your Genius Business Idea Into an Actual Product

How to Turn Your Genius Business Idea Into an Actual Product

If you’ve finally decided to turn your craft or eureka moment into a full-blown business, congratulations-you’re one step closer to becoming an entrepreneur! Understanding the business, however, can be tricky, especially if you plan on scaling up in the future and partnering with large vendors. How to do you find the right manufacturer for your product?…

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