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For your business to reach its break-even point, it needs to sell a certain number of volumes. As a little illustration, General Motors, in 2011 had their break-even point in 2011, when they sold two million vehicles.

Even though General Motors is a large business corporation, small businesses n Read More

In business, competition is a never ending situation. From time immemorial there has been competition and this modern time isn’t an exception.

You need to be better than each of your competitors in at least three ways if you want to survive. Notwithstanding if your competition is Starbucks, Mcdo Read More

A common problem every entrepreneur runs into sooner or later is the problem of rationing their time among the numerous tasks they have to deal with every day. The tasks an entrepreneur has to go through each day are numerous – planning projects, attending meetings, running around – and this can le Read More

Have you been nursing the idea of starting a business? Well, don’t even think of it if you have even one of the traits mentioned here. Starting a business requires a lot of doggedness, painstaking hours and sweat. Your degree in business would only take you so far. If you want to succeed in startin Read More

You’ve built a great website or blog for your small business. That’s great! But you’ve only taken just one step towards business – a right one though.

Oh, you’ve created a free giveaway product to encourage signups to your email list? That’s another step towards success – a greater one I must sa Read More

While running your business, you’ll need certain tasks handled on occasion. Not tasks like calculating your income and expenditure – your accountant
comes in handy there. And not tasks like handling and treating customer requests and queries. Of
course, you must have full time employees for those Read More

Whether you’re running an online or offline business, your marketing strategy is the key to the success of your business. So, a failed strategy is a failed business. That’s it!

Sometimes however, even after doing everything right while drawing up your marketing strategy, you won’t just be able t Read More

The current economic climate is causing customers to be more selective about where and with which businesses they spend their money. As a result, many companies are losing customers at a rapid rate and “Improving the customer experience has risen to the board level.”

However, many companies focu Read More

For a startup business owners, one of the easiest ways to inject cash to their projects or get the working capital to set their plans is motion is applying for a business loan; whether taking out
this loan from a lending company or applying for a federal grants through the different loan prog Read More

Entrepreneurs who have broken new frontiers know that managing business effectively goes beyond having a wonderful business plan. They know that to run a successful business that can compete favorably with fulfilled businesses; one must never toy with sincerity.

Being sincere in business is one Read More