a.gif MARKETING STRATEGIES FOR YOUR BUSINESS

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MARKETING STRATEGIES FOR YOUR BUSINESS
Marketing is a complex subject but one of the most important contributing factors to the success of your business. Without customers there are no sales and therefore no profits.. read more...


a.gif Business Market Research

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Business Market Research
β€’ How will people behave regarding a particular topic, habit, activity, decision or business?
β€’ Will my idea work? Can I sell my product or service to make money
β€’ What marketing tools will be most effective?
β€’ How much product or service can I sell?
β€’ Is there a need for more new products or services?. read more...


a.gif Business Plan Layout

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Business Plan Layout
Business plan should consist of the following;. read more...


a.gif BUSINESS FINANCIAL MANAGEMENT PLAN

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BUSINESS FINANCIAL MANAGEMENT PLAN
Sound financial management is one of the best ways for your business to remain profitable and solvent. How well you manage the finances of your business is the cornerstone of every successful business venture. Each year thousands of potentially successful businesses fail because of poor financial management. As a business owner, you will need to identify and implement policies that will lead to and ensure that you will meet your financial obligations.. read more...


a.gif BUSINESS MANAGEMENT PLAN

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BUSINESS MANAGEMENT PLAN
Managing a business requires more than just the desire to be your own boss. It demands dedication, persistence, the ability to make decisions and the ability to manage both employees and finances. Your management plan, along with your marketing and financial management plans, sets the foundation for and facilitates the success of your business.. read more...


a.gif THE MARKETING PLAN

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THE MARKETING PLAN
Marketing plays a vital role in successful business ventures. How well you market you business, along with a few other considerations, will ultimately determine your degree of success or failure. The key element of a successful marketing plan is to know your customers — their likes, dislikes, expectations. By identifying these factors, you can develop a marketing strategy that will allow you to arouse and fulfill their needs.. read more...


a.gif How to write Business Description

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How to write Business Description
When describing your business, generally you should explain:
1. Legalities - business form: proprietorship, partnership, and corporation. The licenses or permits you will need.
2. Business type: merchandizing, manufacturing or service.
3. What your product or service is.
4. Is it a new independent business, a takeover, an expansion, a franchise?. read more...


a.gif What is a Business Plan?

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What is a Business Plan?
A business plan is a blueprint of your business. It is a detailed plan from which all other plans should be developed.. read more...


a.gif BUSINESS PLAN

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BUSINESS PLAN
The process of putting together a business plan, including the thought you put in before beginning to write it, forces you to take an objective, critical, unemotional look at your business project in its entirety. The business plan is an operating tool, which, if properly used, will help you manage the business and work effectively towards its success.. read more...


a.gif Business Debt financing

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Business Debt financing
This is money loaned to the business from outside source that is paid back over time.. read more...


a.gif Ways of get money for your business

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Ways of get money for your business
The primary sources of funds for small business start-ups are personal funds, friends and relatives, NGOs or private investors, banks, government agencies and programs, and venture capital.. read more...


a.gif Forms of Business Structure

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Forms of Business Structure
There are several legal forms to choose from when selecting the best means of structuring your business. Carefully considering the various options before start may save time and money later. There are several forms of business structures including:. read more...


a.gif Business Concept and Idea Development

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Business Concept and Idea Development
In order to market your product or service, you will want to be very clear about what it is that your business actually does or has to offer. You should be able to quickly and accurately describe your business concept in just a few sentences.. read more...


a.gif Assessing the Viability of the business Idea

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Assessing the Viability of the business Idea
An Idea is not necessarily a Business Opportunity: There is one crucial difference between an idea and an opportunity. An opportunity is based on what consumers want. Many small businesses fail because an entrepreneur didn’t understand this.. read more...


a.gif Where to look for business opportunities

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Where to look for business opportunities
(1) They can develop/evolve as a result of your personal background including your previous jobs, hobbies and personal experiences, or
(2) From opportunities in the external environment or general market place. read more...


a.gif Developing Business Ideas and Opportunities

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Developing Business Ideas and Opportunities
You may have considered the prospect of starting your own business many times before. The thought of being your own boss – calling the shots, being responsible for your own financial rewards – is very alluring. You may have had the drive, the experience, and the financial resources necessary to succeed. The only thing stopping you were figuring out what type of business you should start.. read more...


a.gif Stages in the development of a business career

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Stages in the development of a business career
Scanning for opportunities, idea generation, and innovation/creativity.. read more...


a.gif Basic business skills

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Basic business skills
Starting up and running a business requires special skills such as careful planning, research risk assessment, commitment and patience.. read more...


a.gif Understanding Entrepreneurs and Entrepreneurship

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Understanding Entrepreneurs and Entrepreneurship
There is no clear consensus among entrepreneurship specialists on the definition of the word β€˜entrepreneur’ or that of its derivative, 'entrepreneurship'. While some people would treat small business owner managers and entrepreneurs as synonymous, the bulk of the entrepreneurship specialists attempt to draw a distinction between them. This distinction is central to an understanding of the meaning of 'entrepreneur'. We proceed to look at the definitions of these terms with a view to delineating the differences among them.. read more...


a.gif What is agribusiness

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What is agribusiness
(i) supplying of inputs needed for farming and
(ii) Marketing of the products grown from farm.. read more...