Insufficient funding is one of the top reasons why 80% of businesses fail within the first year and a half. As a business owner, not only do you have to cover all operating expenses, but…
Loyal customers help business thrive! According to a study by the global business consulting firm, Bain and Company,”a 5 percent increase in customer retention can increase a company’s profitability by 75 percent!” In addition, loyal…
1. You Give Up Too Soon Content marketing is a marathon, not a sprint. It’s a long game. You can’t post 3 articles on your blog then whine about how nobody is reading your stuff……
The most obvious reasons for business failure are poor planning, terrible time management, horrible customer service, lack of capital and little or no marketing to promote the business. So why do so many businesses fail…
Unlike big business owners, small business owners have the burden of taking care of every single aspect of their business – recruitment, marketing, finance, accounts, managing employees to managing vendors, and so forth. But here…
The number one question I get asked as a small business start-up coach is: Where do I get start-up cash? I’m always glad when my clients ask me this question. If they are asking this…
Every business encounters major challenges in the cash flow at some point, which may necessitate borrowing of funds in order to sustain business operations. For startups, financial difficulties may come knocking at the door early…
Why should anyone be interested in helping you for free? The government benefits if it gives small business start up loans and that is why it helps. o Statistics show that small businesses number more…
Let’s start with some review of what types of companies primarily drive the US economy. We know that there are about 16,000 publicly traded companies represented on the NASDAQ, NYSE and the AMEX. The key…
Let’s assume you have just started a new venture and plan to expand in the later stage. The scope of expenses is not just One Dimensional, and therefore cash flow becomes essential. The financial situation…