For many small businesses, a key component to their survival is having adequate funding. Not only is money needed for launching a business, it is essential for expansion as well. But not everyone is pitching & investment savvy. So finding the right tools to help you learn about how best to approach investors & what to say when you meet them is crucial.
One of the most common questions for new and aspiring entrepreneurs is “how do you start a successful business?”Thereare many factors involved, so read on to find out more about our simple guide to get a business launched.
Running a profitable business doesn’t just happen. The most successful companies and organizations have specific steps and procedures in place that increase their probability of success. In this article, we will discuss the importance of understanding and tracking your sales cycle.
It is estimated that 20% of all businesses fail in their first year of operation. By the 5thyear, that number jumps to 50%. There are many factors that go into running a successful business, but one that entrepreneurs must take note of is the importance of proper planning and execution of ideas. In other words, having standard operating procedures is a must. In this article, we will discuss the importance of having a SOP, it’s benefits, and how to create one.
Being an entrepreneur and business owner in these trialling times comes with a great degree of uncertainty. This phrase is more important today than ever before. For entrepreneurs, this is key to their success. 2020 has been a year of pain and uncertainty like never seen before. We have written some useful tips to ensuring you remain a strong business leader in times of crisis.