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One of the key sections of any business plan is the analysis of the competition. I especially love the ones that start and end by saying “We don’t have any competitors.” Investors take that to mean either 1) there is no market for your product, or 2) you don’t understand the concept of business and Read More
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One of the quickest ways to re-group when you are overwhelmed in your business is to get back to your fundamentals. Being overwhelmed is a sign that there is a glitch in your system or worse, you lack a functional system. Something is off, and at the core it will be connected to your vision, purpos Read More
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Most of us are aware of common business licensing laws – whether it’s a license to sell alcohol and food, or a permit to expand your business premises. But business licensing is a lot more complex and broad than it first appears. For example, did you know that if you choose to quit your day job an Read More
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Creating and building a business is not a one-man show. It requires a team effort, or at least the ability to build trust and confidence among key players, and effectively communicate with partners, team members, investors, vendors, and customers. These actions are the hallmark of an effective lead Read More
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Once you have a potential investor excited about your team, your product, and your company, the investor will inevitably ask “What is your company’s valuation?” Many entrepreneurs stumble at this point, losing the deal or most of their ownership, by having no answer, playing coy, or quoting an exor Read More
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Every entrepreneur needs to be honest about their strengths and weaknesses, and realistic about their reasons for choosing the startup route. For any entrepreneur, even the best business opportunities, if entered for the wrong reasons, will likely fail. Some of these reasons seem obvious, so forgiv Read More
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At the end of the day a business can survive without social media, SEO, business cards, letter heads, and etc. But it cannot survive without cash Read More
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Most people think innovation is all about ideas, when in fact it is more about delivery, people, and process. Entrepreneurs looking to innovate need to understand the execution challenge if they expect their startup to carve out a profitable niche in the marketplace, and keep innovating to build an Read More
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So.... you want to start a new business. Choosing the business name is important from both a marketing perspective and a legal one. Read More
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Apart from sales, marketing, management, product development, SEO, conversion rates, clicks per whatever, and social media...the most important thing you as an entrepreneur can know is accounting. Because accounting is the language of business. Read More
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Share your small business tips with the community!
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Share your small business tips with the community!








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