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Activities may vary greatly according to the various job functions in a firm. But broadly, you can classify activities into two groups:

1. Activities that focus on the short term, that help your firm achieve its tactical or operational activities.

2. Activities that focus on the longer term, Read More

New geography is a term often used to refer to emerging markets, new markets in which a business could potentially expand. While emerging markets does often refer to whole countries that are restructuring the way they do business to allow for new opportunities to do businesses, it can also mean sma Read More

Making a move into a new market can be a good move, but in other cases, it can pose risks to the business. In many cases, the market may have an opening, for example, due to the failure of another company. It can be tempting to take your business into that market to fill that vacancy, but before yo Read More

Your business has the opportunity to move into a new market. You may be just thinking about the benefits of making such a move. On the other hand, you may be concerned about whether making this move is going to turn your business in a positive direction. In some cases, the decision to make such a m Read More

Before entering into a new market, it is a good idea to ask yourself what level of acceptability the market must offer to your business before you enter. Here are some questions and concerns to take into consideration before you make such a move with your business. Read More

An important consideration to the question of why to enter the market focuses on who is selling in that market for your business. If you have a sales team being paid to help you to find opportunities, those people are working to help you to succeed. In other cases, you may find that companies are t Read More

Many businesses focus on growing sales as a regular component to the actions of that business. However, in some cases, businesses get into a rut and use the same formulas over and over again to grow sales rather than stretching in new ways. If your business is growing slowly or has stopped finding Read More

If you were to hire an employee, you likely would spend time interviewing and learning about the prospective employee before you actually turn your business over to that person. You should do the same thing, if not more so, with your supplier. Here are a few things that you need to take into consid Read More

Who you hire as a supplier is up to you and the speck of what the company can provide. You can decide to work with small suppliers, especially when your needs are very specific or the options are very limited. You may choose to work with a large supplier because the product quality is high and the Read More

Reducing small business costs is something every business needs to do, no matter the type or the structure of the business. In today’s economic situation, it has become increasingly important for small businesses to find ways to reduce overall costs. This helps to boost the bottom line of the busin Read More