What does it mean to disrupt an industry? Disruption is an attention-grabbing buzzword with a lot of baggage, but what does the term actually entail for those who use it. Industry disruption can take on many forms and have different impacts depending on the type of business or market being disrupted. Disruptive innovation is a […]
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In the world of business, personal credit is a powerful tool that can help you succeed. But how do small businesses know what they need to know about their own credit-building potential? Join this blog as we explore some common mistakes entrepreneurs make with personal finance and why it’s important for all business owners to
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After a long process, I finally appeared on Shark Tank to pitch my startup idea. Although it was difficult, I learned the importance of being personable during the presentation and how to be persuasive in order for your company’s value proposition is clear. The “What I Learned From My Appearance on Shark Tank” is a
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A product life cycle is a marketing and management model for the stages of a product’s development, production, distribution, sales (or usage), and ultimate disposal. Products are categorized by how long they remain in each phase before entering another. Companies who employ this process gain an advantage over those that do not because it allows
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The process of creating a plan is an important part of the decision making process. It takes preparation, due diligence and research to create a great plan. A good plan creates strategic direction that leads to success. The key components are uncertainty management and communication among team members Planning is an important part of the
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Motivation is the driving force behind your life. No matter how hard you work, there will always be some type of motivation that gets in the way. Motivation can come from a variety of sources and it’s important to know what motivates you for sure so that when things don’t go as planned or someone
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A merchant cash advance is paid in a lump sum, usually within two weeks. It’s an alternative to obtaining credit cards and business loans that you can use for short-term periods of time. They are sometimes called factoring or invoice financing, but these terms just refer to the different types as ways of getting money
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Your job is to help a customer who was angry and left your store without making any purchases. What should you do? Angry customers can be tough to deal with, but there are ways of handling them. First, you need to know how a customer is feeling. Next, you need to find the root cause
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Trademarks are the first line of defense for any brand or enterprise. Without them, a business’s unique values and identity would be easily copied by competitors. Each type of trademark has its own specific legal requirements that must be met in order to protect your interests as well as those of consumers. The “economic importance
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Assets are a critical aspect of business. They have major economic impact in the form of capital, profit and loss or ownership. In this article, we will look at what assets are and some factors that influence their value., “What are assets in a person?” is a question that many people ask. Assets are the
