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Aspiring entrepreneurs can at least take heart in the fact that not all of the available stats about business failure are credible. One of the foremost of these invalid stats is attributed to a study done by Bloomberg and which declares that 8 out of 10 businesses fail within the first 18... Read More

There are two tenets of running a small business that entrepreneurs need to hold dear. First, cash is king. Second, prudent cash flow management is the lifeblood of a small business.
Running a fledgling small business is no walk in the park. For entrepreneurs it’s a learning curve that’s... Read More

However superb your product may be, its success to a large extent depends on your choice of packaging. There’s no doubt that a product’s performance is more important than its packaging. Nevertheless, the fact that prospective customers can only make an assessment of a product via its packaging mea Read More

Despite not being mentioned in the Bible, (the reason why Scots declined to eat them back in the day), it’s quite impossible to picture a world without potatoes. The potato is, in fact, the world’s 4th most important food crop, after maize, wheat and rice. Lots of potatoes are eaten around the worl Read More

People love eating beef, lots of it. In fact, the United States, the world’s largest producer of beef, churns out 24-27 billion pounds of beef annually. Copious amounts of flesh are devoured locally and there’s a huge foreign market too. There is indeed huge market demand for high-quality grain-fed Read More

Not every entrepreneurial journey has to begin from scratch. Indeed, lots of people have made it big after purchasing existent businesses.
Starting out this way has its fair share of welcome advantages. If all goes well you’ll basically be inheriting a commercially viable “plug and play” bus Read More

The first widely recognized answer to the question “What is an entrepreneur?” is attributed to the Frenchman J.B. Say who in 1800 said “The entrepreneur shifts economic resources out of an area of lower and into an area of higher productivity and greater yield”. Peter Drucker, the world-famous auth Read More

After successfully steering your small business from existence and through survival, you are now at the success stage. It is now beyond doubt that your business idea was a winner right from inception –the naysayers are now eating lots of humble pie. You are thinking about the next stage of growth f Read More

During an economic downturn or recession like the one we experienced a few years ago our survival instincts urge us to cut down on spending. This in turn impacts negatively on business owners, some to a greater extent than others. Those businesses that somehow keep thriving during such times can be Read More

Just in the way a person passes from childhood through to adulthood, the growth of a business can be categorized into 5 stages. Humans and businesses don’t develop in the same way though. For humans growth is a well defined continuous process that we can estimate by using pointers such as age Read More