Sun Tsu said, “Know thy self, know thy enemy. A thousand battles, a thousand victories.” The first thing you need to establish and define before you can truly evaluate your competition is to understand the difference between direct and indirect competition.
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Expertbusiness submitted the following stories to BizSugar
How to Evaluate Your Competition
Posted by expertbusiness under ManagementFrom http://www.expertbusinessadvice.com 4408 days ago
A Basic Checklist for Going into Business for the First Time
Posted by expertbusiness under StartupsFrom http://www.expertbusinessadvice.com 4412 days ago
By skipping the basic facets of starting a business, you could be just building your operation on a weak foundation. Start on the right track.
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Start-Up Buyout: Do You Sell or Try to Survive and Compete?
Posted by expertbusiness under StartupsFrom http://www.expertbusinessadvice.com 4415 days ago
You have to ask yourself: how hard was it to start the business in the first place? Can you do it again?When you have a new business, you usually have visions of how you are going to make it successful and be able to gain from it. You set up business goals which you will use for your business to b
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Shave Unnecessary Costs Off of Your Business
Posted by expertbusiness under ManagementFrom http://www.expertbusinessadvice.com 4419 days ago
Sustainability is all the rage in Corporate America right now. There are businesses out there that specialize in extending the lifespan of their client-businesses by finding ways for them to shave costs from their operating budgets in order to keep their doors open.
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Using Collateral with Confidence
Posted by expertbusiness under FinanceFrom http://www.expertbusinessadvice.com 4422 days ago
Understanding collateral will help you use it wisely and avoid getting stuck on the low end of the deal. We've all been there before. Without question, all of us have had the need for “outside intervention” regarding a financial issue that has needed our immediate attention.
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Managing Your Relationship with Your Lender
Posted by expertbusiness under ManagementFrom http://www.expertbusinessadvice.com 4426 days ago
Made Hot by: ShawnHessinger on October 11, 2012 7:33 pm
It’s not where you start…but where you finish. Your small business has just selected a bank with which to do business. Now what? Obviously, there was some thought about the bank’s location, hours and level of services offered. Those were the very basics. And it is quite possible that these initial
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Establishing a Business Line of Credit
Posted by expertbusiness under FinanceFrom http://www.expertbusinessadvice.com 4428 days ago
When talking about lines of credit for your business, it’s best to start now in order to build up to what you could need later. Small and large businesses alike tend to run on cycles. Many of these cyclical disparities can be a result of a business’ seasonal operating schedules, fluctuations in the
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Getting Educated: Understanding Your Credit Report and Scores
Posted by expertbusiness under FinanceFrom http://www.expertbusinessadvice.com 4434 days ago
Start with the basics here. A credit report is a record of your financial behavior and performance over time. We've accomplished the first step in understanding how the industry of credit has evolved and how it currently plays a major role in every economy around the world, so let’s continue on.
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How Your Business Can Benefit from Automatic Payments
Posted by expertbusiness under ManagementFrom http://www.expertbusinessadvice.com 4435 days ago
With automated payments, you have more time to spend with your business, employees and customers. Mundane chores take most of people’s time and they are always looking for ways to cut down on the time that they spend attending to the chores. In the invention of systems such as online banking, there
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Why You Need to Care About Workplace Safety
Posted by expertbusiness under Human ResourcesFrom http://www.expertbusinessadvice.com 4436 days ago
Many businesses carry on with their daily duties without ever thinking about the safety standards of their respective employees. There are many advantages that could be attained with maintaining appropriate work setting safety. For instance, workers tend to work better and feel motivated within an
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