Purchase materials

Unless the work you do is very highly paid and you don t need to work too many hours to generate sufficient income, you might not achieve the lifestyle freedom you re aiming for. Changing your prices will increase or lower sales, keep you busy or slow, provide cheap or …

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Who else wants sales?

When feeling stuck while weighing an important decision, it is almost always helpful to seek out new, objective information on any aspect of the matter even if the effort or information to be gained initially seems of little value. But even if it should, the savings thus effected might be …

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Taking care of your Advertising team

However, in the case of a business, enjoying yourself isn t enough. They aim for the middle and compete with everyone else who is also trying to do everything for everybody. The justification of private property, on the other hand, lies rather in its expediency than in any inherent and …

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Nobody wants old news or information.

Nobody wants to wait for anything anymore. Seed money is usually a relatively small amount of cash, up to $250,000 or so, that is used to prove a business concept has merit. All businesses have similar concerns and responsibilities, including marketing, research, development, purchasing, production, management, accounting, human resources …

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5 tips for Business success

But you should have an ideal trade toward which you steadily work. Therefore, it would be smarter and more effective to capitalize on something else: your uniqueness. In our experience, however, few people have the knowledge and intuition to be investors in other people's small businesses. Equity capital is obtained …

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Anything less is too speculative

Now is a good time to free-associate a little bit let your mind roam, exploring every avenue that you would like your business to go down. Remember that brevity is not brusqueness. Ask them what they hope for in their future, what interests them about their job, how you can …

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Ask non-customers why they don?t buy from you

Also, because most retail businesses deal primarily with cash or near- cash equivalents (credit cards), funding requirements for accounts receivable are relatively low compared with some of the other business categories, which means, in turn, that the capital requirements for entry can be comparatively low, depending on how much inventory …

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Customer service standards

After your spouse has filed for divorce or your kids have become strangers to you, the damage too often is done. A large enterprise would simply hire a few more modestly paid customer service reps, credit department staff members, or bookkeepers to handle the added orders, invoices, and the like …

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Most entrepreneurs are highly expert

Effective leaders spend only 25 percent of their time doing work and the other 75 percent leading people, working with customers, seeking better business opportunities, and looking for innovative solutions. When the economy is going well, however, you will have to up the ante to bring on key employees because …

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