5 reasons for the beginning of the end of production
Production problems are more cultural than economic. It does not come from expensive delivery and rising labor costs. The problem is much wider. Is the end of production just around…

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Franchise Business: Pros and Cons
Nowadays, franchising is becoming increasingly popular all over the world. And this is quite natural, since the franchise business is a proven and rather convenient business model, especially for start-up…

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How much does your company need your website?
Even if consumers are more inclined to deal with companies that have a website, most small businesses have neither the money nor the time to create a “page” for themselves.…

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keeping accurate records

Business Planning Tips

Business planning is an important factor for success in any endeavor. However, few small business owners are seriously worried about their business plan. Lack of understanding of the proper level and type of planning is often the cause of an insufficiently developed business plan.

Business consultants, bankers, civil servants, professors of economic institutions – they all tend to paint business planning on 70-100 pages. Continue reading

How to build effective business relationships

The ability to competently build business relations with business partners, customers and competitors is one of the most important elements in an effort to organize a successful business and create a good reputation for itself in business circles.

To build effective business relationships, you must have the following components: Continue reading

Individual entrepreneurship vs. partnership

Novice entrepreneurs can choose: in partnership with someone or independently create an enterprise for them. Let’s look at these two options for creating a business in comparison.

When you start your business, it is important to choose the right legal structure for it. This not only helps legitimize your business, but is also necessary for taxation and licensing. Continue reading

Is it possible to avoid the pitfalls in the business?
Many successful entrepreneurs and businessmen will not deny that on the way to the top of their careers, they had to repeatedly face failures and start a lot from scratch…

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Business Planning Tips
Business planning is an important factor for success in any endeavor. However, few small business owners are seriously worried about their business plan. Lack of understanding of the proper level…

...

Franchise Business: Pros and Cons
Nowadays, franchising is becoming increasingly popular all over the world. And this is quite natural, since the franchise business is a proven and rather convenient business model, especially for start-up…

...

Risk for new in your business
Studies show that price is not the determining factor. Customers are always willing to pay more if they are sure that they are purchasing a product or service of the…

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