startup business Archives

3 Building Blocks to Develop Sustainable Small Business

Sustainable small business is something that can be created only from the most successful entrepreneurs. What are the basic building blocks of sustainable small business?

I have worked with many small businesses and their entrepreneurs in creating and building their companies. In that process, I have identified many factors that will help them in their intentions to build something sustainable and successful.

But, it is not always easy to achieve sustainability. Many times, for existing companies there is the wrong foundation on which they build their business.

According to this experience, I can say that there are many things that must be done. But generally, to simplify the process I usually use three important building blocks on which we work with all entrepreneurs.

Here I would like to share them and talk about these important factors.

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8 Things Successful Startup Entrepreneurs Do

Business Startup / By Dragan Sutevski, PhD

Entrepreneurs are creative persons, that’s the fact. But, what do they make right for their startup businesses? Look at the following eight things creative and successful startup entrepreneurs do in their startups.

Every society needs entrepreneurs. Why? Simply, because they are the persons who create value for the whole society. They build something from nothing. They improve the lives of the people.

Can you be one of that successful startup entrepreneurs? Yes, you can. But, let’s look what’s the most creative things that startup entrepreneurs do.

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The Success of Your Business Plan Require Valid Information

Business Planning / By Dragan Sutevski, PhD

Have you ever tried to make a business plan for your business? If so, you’ll know that it’s difficult because you need to forecast the future.

But, if your business is a startup business you don’t have tangible stuff that you can use to forecast the future of your new venture. So, you cant use already existing data to start preparing your business plan. You will need to start creating such data as quickly as possible.

So what do you do? Or probably better question is what you can do?

Many entrepreneurs have found success by using predictive techniques to predict the future. However, there are a few things you should know before you start implementing such techniques, especially to ensure that the prediction will be as much as possible based on reality.

This post will tell you what you need to know to make sure you select the right data for analysis purposes creating the business plan that will let you successfully predict the future and start running your company.

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business potential energy & business plan

How You Can Increase Business Potential Energy With a Better Business Plan

Business Planning / By Dragan Sutevski, PhD

In the methodology for continuous improvement with business potential energy, a business plan is one of the crucial elements. It can help entrepreneurs to convert business potential energy in their ideas into kinetic energy that means performing work, or increasing performances.

This is an introductory text that will cover some of the vital points about the importance of business plans for every company.

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