You may update your plan annually

They are doubtful about the character or standing of some man with whom they are or may become heavily involved. Additionally, lenders may require borrowers to pay points in order to cover administrative costs or to procure a lower interest rate. Better to keep it to a couple dozen pages …

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Price too low and lose money

If your volume or markup decreases in a softening market, your only choices are to cut overhead or increase sales. Thus, the business landscape consists of a heterogeneous network of adapted resource combinations and the particular set of business activities and individual and corporate actors associated with each of them …

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Review questions or issues

Decision trees cannot entirely objectify decision making unless the variables are entirely mechanical, rational, or quantified. The marketing options are many and expensive, including door hangers, newspaper coupons, mailings, advertising, website placement programs, and billboards. It s likely as well that with better planning skills will come improved business skills …

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Cracking the sales secret

You are not exactly like them. The vast majority of small-business owners we know provide products or services quite similar to what's already in the marketplace and make reasonable but not extraordinary sums of money ' and, thanks largely to the independence that small-business ownership offers, are perfectly happy doing so …

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Be Direct with your Design

If, on the other hand, a look at your business plan reveals that your companies share the same kind of strategies and have similar objectives in type if not scope, it s an encouraging sign.The spread of the open-book management theory means a lot more employees are seeing their …

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