Balance your annual company budget

When you are working all the time chasing nickels and dimes, you don't have any time or money to help others or enjoy your life. For instance, you may want to take note of the fact that, like all marketers of children s bedroom furniture, you attach warning labels and …

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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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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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Outline Customer relations policies

We think nothing of giving our debit or credit card details for everything from food delivery to clothes, to hotel rooms and holidays. There are some generally accepted conventions about what a full-blown business plan should include and how it should be presented. Leadership is your ability to get people …

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You shouldn?t build a business without a plan

Decide which customers need more attention and how you can get a bigger return on the marketing money you invest to maintain customer relationships and increase your net profit potential. Set yourself apart from your competition, find your niche market, create strong customer relationships, and seek value-added opportunities to offer …

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