As an entrepreneur, you should understand your customer needs as your priority. Businesses that don’t do this quickly fail as an entity. If you want your business to succeed, you need to work on satisfying real customers’ needs. You must know that you are not selling your products or services. You provide solutions to help […]
10 Steps to Better Understand Customer Needs and How to Meet Them Read More »
One important thing that I want to note is that the superior value proposition is the tool you can use to increase your business potential energy. When I think much deeper about this tool, I can say that this is probably one of the most important tools that can help you build your business. When a startup
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SWOT analysis is a tool for planning, especially strategic planning for your company. Follow these four easy steps to make a SWOT analysis for your small business. The goal is to assess your strengths and weaknesses as your internal elements and opportunities and threats as external elements. So, you can use SWOT analysis to evaluate Strengths
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Do you have all the required key managerial skills to manage your company? Can you be a good manager with all the essential management skills necessary for you and your company? Business owners are entrepreneurs until they become managers. When they become managers, they will feel frustrated because they need to deal with new problems – managerial problems. Formalization
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Do you know how to implement price setting process that will ensure the right prices for your products and services? The price for which you will sell your products or services is one of the most important factors of your business success. You can have a great sales process, or a large customer base, and make
Your Ultimate Pricing Guide: 10 Steps for Price Setting for Your Products Read More »
When I work with small businesses in order to increase their business potential energy one of the first things that we do is the definition of the most important things inside their companies with the potential to increase or decrease the overall potential energy. What I have concluded on the basis of several hundred analyses
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