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A Business Without A Plan Is Like A Ship Without A Rudder

Do you have an idea for a product or service? Would you like to start a business? If so you will want to read this article. Here’s the good news: Every product or service ever invented by mankind started as an idea. An intangible thought impulse that was turned into reality through the efforts of one or more people working together in an intelligent and harmonious manner. Behind those successful ideas were organized written plans–business plans that laid the foundation and illustrated the path to success for the business owner and investors who funded the project. Then, those plans coupled with the burning desire of the entrepreneur to see the project through to completion is what helps to make a business succeed. The key words in this paragraph are idea, plans, burning desire....[Read More]

Four Steps to Accelerate International Business Growth

US exports continue to grow, but many American companies lack the international business know-how to capitalize on this potential source of increased sales and profits. Proliferating trade agreements and a weakened US dollar have replied in one of the most favorable export markets in decades. Foreign importers of US goods report an increasing demand for US products – from popcorn to pet food. The US has enjoyed 11 straight quarters of increasing exports – yet with 95 percent of the world's population residing outside of US borders and an increasing promising international sales outlook, experts are asking why only 5 percent of US companies are currently exporting. But how do we initiate and sustain growth in unfamiliar markets? 1. DEFINE STRATEGIC NEEDS Tapping into new mar...[Read More]

Are You Starting a Business? Here Are Some Tips For You

So, 8 out of 10 people nowadays want to start their own business. I am not surprised. Every individual has his/her vision and some set of explicit skills. It is always a wise choice to showcase your talent and skills in your way. No harm in it. Think in this way, your company, your ideas, your vision, your product, your faith. If you blend your vision with hard work & determination, no one can stop you in making your idea a reality. But, always ask yourself “Am I going to add any tangible value to other’s life or business with my vision/product?” If the answer is “Yes”, go for it. Entrepreneurship is not a fancy journey. You have to wear multiple hats at the beginning. A founder, a sales guy, a brand builder, a smart recruiter, an accounts expert as well ...[Read More]

How To Start A Roasted Corn Business

Corn roasting is a simple yet very profitable small investment business. The successful corn roasters make full time living working just the summer months. To start a roasted corn business you will need to acquire permits and business licenses from the health department and from the state. The following is a typical checklist to start your business. 1. Decide the size and the scale of the operation. 2. Decide on the menu for your concession business. 3. Purchase your equipment and tools. 4. Register your business. 5. Apply and obtain all the required licenses and permits needed to run a food concession business. 6. Secure events and have fun running your concession stand. Permits, Licenses, and Inspection Every state has laws governing business licenses and permits. Most likely, you will h...[Read More]

Now Is the Time To Break Into the US Market and Sell Your Products and Services

Some have said that the Trump Administration has made the US is an unfriendly place to do business for foreign companies. The political opposition says that the threat of tariffs and trade wars causes uncertainty in global markets and is not good for the US economy. Those who call themselves ‘traditional free traders’ have sided with Trump’s political opposition, at least temporarily. Personally, I see just the opposite. First, I see more foreign money coming into the US market to seize the opportunities of low corporate tax rates, and as a way to avoid potential tariffs. Further, I see temporary tariffs as a shot over the bow that the US will not be played with unbalanced trade agreements or lack of fair trade agreements. These temporary trade tariffs will bring billions...[Read More]

Resolutions to Increased Sales and Improved Customer Service

It’s the end of the year and time to reflect on your successes and failures in 2016. What lead to improved sales and customer satisfaction in your business, social media, and marketing plan? What did you do in 2016 that had little or negative effect on your business? Before you create your 2017 business plan, keep in mind your successes and failures during the past year. Your plan should include: previously successful and new routines, goals, weekly to do list, outline of a monthly and annual plan, and your desired income. A business plan is a plan of action created to ensure all avenues are being used for success. Many business plans start with the end goal. For instance, the goal may be $300,000 in sales revenue. When creating the business plan, you must carefully consider your str...[Read More]

Business Planning – Reducing the Risk of Failure by Developing a Low Cost Strategy

Many people believe that the risk of failure in starting a business on a low budget is a little high but I believe even a business with low budget can prosper if you can devise an intelligent strategy and stick to it. Just taking care of a few issues will eliminate the chances of failure. The economic situation of today’s world is not the best therefore many Guru’s would not advise you to start a business in a middle of economic turn down. Others have a completely different point of view and they consider this time to be an ideal opportunity to establish your business. Entering the market at a time with a low budget when many potential competitors have taken their eye off the business ball does make sense. Low budget does not mean only mean spending less but it also means spend...[Read More]

How to Write an Export Plan

Writing you know is really a matter of passion. Therefore, for you to really think about writing a business plan such as how to write an export plan, then you should know that not only do you require a vast knowledge of business generally but, you must also have especially, a specialize knowledge of exporting and international trade as a whole. If you have been seeking a good information on how to write an excellent export plan, then i tell you you are in the right place. Though, being an qualified professional in exporting myself. I am going to take you through the basic steps you must follow for you to really come out with an excellent export plan that will make your exporting venture a success. Follow this seven steps for writing a good plan for exporting and you will ever be thankful t...[Read More]

Top 4 Benefits of Demand Planning Software

In today’s dynamically changing business environment, organizations have to be agile and quick in responding to market changes and internal factors to minimize losses and leverage opportunities. Demand Planning Software is essential to gauge customer demand and market changes in real time and pass on the information to the supply chain. It creates the perfect balance between market demand and supply. However, these are not the only benefits that a demand planning software offers. It has many other benefits and some of them are listed here. It Helps in Accurate Revenue Forecasting: A good demand planning software help in accurate revenue forecasting by correctly analyzing the market demand and forecast results based on that. Without proper information and software to process that info...[Read More]

The Basics of Initiating an Online Business With Zero Investment

People who know how to start an online business have been changing their destiny by making a huge amount of money. Online businesses are in huge demand these days. Many big and small companies prefer outsourcing their work by hiring virtual assistants and online marketers rather than employing a full-time worker. Moreover online presence has become an essential part of any business with the ever-increasing number of online shoppers across the world. Like any other business, you need to put in your efforts to become a successful online entrepreneur; however, starting an online business is not a Herculean task if you know the basics. In this article we will put emphasis on top online business opportunities that will help you to start an online business with ease. 1. Make a Strategy to Set Up...[Read More]

Make Your Marketing Global With Oracle Database Users Email Lists

Oracle Database Users Email Lists – Marketing activities will be successful when it spreads the right message to the target customers. The technology-based marketing requires additional emphasis as the marketers will be targeting a niche customer base. It makes lead generation and customer engagement a difficult task to achieve. So, if a business is trying to expand its wings in the global markets, then it needs to plan and strategize the marketing activities way ahead to generate the desired results. Here are some of the best practices which a technology-based business should keep in mind for marketing certain solutions to the Oracle Database users. Following these tips, marketers can plan better ways for business expansion in the international market using an Oracle Database Users ...[Read More]

Looking Ahead To 2019: What Factors Should Real Estate Examine?

Anyone, who, either, as a professional, or, simply, a curious observer, watches the real estate markets, and possibilities, must take a close look at the possible factors, which might impact, what might be trends in the housing market, as well as the overall economy. Beware, there are no guarantees, but, simply probabilities, or best guesses (also called, educated guesses)! After more than a decade as a Licensed Real Estate Salesperson, in the State of New York, I believe, the more educated and aware, a potential buyer might be, the better his chances. That’s why I have been using my trademarked slogan, for many years, I’ll always tell you what you need to know, not just what you want to hear. (TM) 1. Interest rates and mortgage rates/ terms: Most economists are forecasting a g...[Read More]

5 Top Startup Tips for Entrepreneurs in a Business Plan

When starting out as an aspiring entrepreneur there are a number of factors that need to be considered. However what happens before the startup stage could be described as the most important (after you have created your idea) as this is where all your planning and preparation takes place. Below I am going to discuss some startup tips that need to be considered before you launch your product or service. All of these tips can be included within a business plan: 1. Your business plan should include everything you need to consider both when you launch and how you intend your business to progress. In order to do this you need to know about your finances. At this stage it is often advisable to underestimate sales and overestimate expenditures. One reason many businesses fail within the first 12 ...[Read More]

Software to Help Start a Business

Numerous steps are involved in starting a business and you are more likely to miss out on a few if there is no one to guide. Entrepreneurs can take help of software in order to start a business without missing the important steps. The use of technology in setting up an enterprise is nothing unheard of and wise use of software can actually make the going easy for entrepreneurs. There are software programs to automate the planning as well as production phases of your business. You need to determine the steps involved in setting up a business prior to choosing the software that can assist you in your endeavor. Every business has a unique set up processes but a few basic things remain the same. These include drawing up a business plan, identifying and monitoring the business finances, inventor...[Read More]

Child Care Business Plan

It is common to bump into an entrepreneur hunting for a childcare business plan since this market segment is growing and is highly lucrative. Find one here that focuses on your business strategy and mentions unique points to score above the competition. Let the plan aim to provide “high quality childcare” to the families with young children. The potential clients can have very high expectations in their definition of ‘high quality childcare.’ So in your child care business plan elaborate that the facility will provide a nurturing environment that encourages the growth of self-esteem It will provide the child an opportunity for an all-round development. For childcare centers to thrive the plan must position your service uniquely to fight the competition. Let “e...[Read More]