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The average entrepreneur these days has much more to think about and is quite a bit busier than 40 years ago. There was a time where you simply opened your doors and the local public was excited about the opportunity to go into the new store. These days in this global society, the entrepreneur life can get quite a bit more hectic.
Starting out in business is tough. If you’ve never been in business before and haven’t run a company as the CEO, then you’re stepping into unfamiliar territory. Rather than hiring a life coach, entrepreneurs are turning to business consultants who have experience starting successful companies or who are at least proficient at marketing to help make one successful.
The future never comes bundled into little packages that the world can tear open and access immediate transformation. Growth is a lengthy process that requires years of development. It also takes the contribution of geniuses all over the world who not only foresee the profound difference those small improvements can make, but also have the ingenuity and passion to create those changes.
When it comes to businesses running IT services, customer satisfaction is still an absolute must. As a matter of fact, business in general revolves around making consumers happy, and poor customer service often creates more problems than most businesses realise. For example, studies show that 89% of people who began to do business with a competitor had a terrible customer experience beforehand.
Unfortunately, traditional lending options don’t always pan out for entrepreneurs. Because of the uncertain economy, banks and other lenders are stricter with their requirements when handing out a loan. No longer is having a good idea enough merit for capital. If you’re a small business owner looking for more funding, here are a few alternative financing options to utilize.
Are you preparing to open up a bar? Not just any bar, but one that’s mindful of the environment and you intend to go green to protect Mother Earth as best you can while making a living at the same time. Many people fail to think about how much water, electricity, and other natural resources get used in a bar.
If you want to learn about bitcoin, the best way is to get some in your “pocket.” Even though this is difficult and might even be dangerous, getting bitcoins is quite easy and safe. In many ways, it’s probably even easier than opening up regular bank accounts. Given how the banking system works today, it is probably a lot safer too.
Running a business most certainly comes with its ups and downs. While there may be times when your business volume is through the roof and profitability continues to increase, there are other times when the economy is down, competitors are on your heals, and it is simply not easy to stay away from the bureaucratic red tape.
If your business uses cloud storage, how can you prevent security breaches? Although some cloud hosts offer security, consider a cloud access security broker (CASB). Find out how CASBs are now one of the top technologies for data security. What Is a CASB? Image via Flickr by perspec_photo88 The benefits of the cloud are numerous.
Business loans are essential to acquire the capital for running your business. The whole process of getting the loan amount can be tedious and lengthy if you don’t research about the loan criteria and lending process. Before the interest rates, payment schedule and various terms and conditions are set while acquiring a loan, its approval is needed and it depends on some key fac ...
In the movie Limitless, Eddie Morra goes from struggling writer to millionaire in a couple of weeks thanks to a smart pill called “NZT-48.” Mora describes his experience with the drug, “I wasn’t high. I wasn’t wired. Just clear. I knew what I needed to do and how to do it.” Although the results achieved by Morra were fictitiously exaggerated, they provide inspiration for what ...
When your blog is your business, you need to think about content in terms of scale – there’s only so much you can do on your own. In order to keep the content flowing, then, you’ll need to build up and out by recruiting writers and developing a team of collaborators and contacts. Luckily, with the right tools, you can make the whole process run smoothly.
If you’re interested in starting your own business, but have little business experience, then one good reason to buy a franchise is that since all the groundwork has been done, your probability of success is higher than if you were to start a business from scratch. Moreover, this is something that banks and other financial lenders recognize, so it’s far easier to get the financ ...
rawpixel / Pixabay When setting up a small business, standard practice demands that your business plan outline the risks involved, but this basic framework is often insufficient when it comes to day-to-day operations. Simply put, it’s impossible to predict the ways in which technology will change in the near future and the associated risks that come with it.
Debt consolidation loan is a single loan that will take care of all your remaining small to big loans. These are offered by various debt consolidation companies, peers, online lenders and various other sources. It is very convenient to replace your all loans with a single cumulative goal but it should not be at the cost of any compromise made on rates on interest or agreeing to ...
The hope of every business person and entrepreneur is to achieve success and independence, to one degree or another. To this end, these individuals can become single-minded, pouring endless energy and focus into the task at hand. While this can generate a great deal of income, and build security for the future, it’s also a vulnerable time in the life of entrepreneurs – take cau ...
People tend to make major life choices in clusters; when you make a major transition in your career, or by moving across the country, it has a cascading effect that forces you to make choices in multiple other areas of your life. If you’re currently in a relationship and you’re either about to start a business or you’ve just started one, you might consider taking the relationsh ...
Crowdfunding, the method of business funding that involves getting lots of small donations from individual investors, has become more and more popular over recent years. Not all businesses are appealing to big investors, and crowdfunding can be a way to get a project off the ground that otherwise might not see the light of day.