Posts Tagged“business tips”

Where to Get Funding For Your New Business Idea

  One of the biggest challenges which all businesses¬†face at whatever stage of their business life that they are in, is finances and it is vitally important that a business is built on strong financial foundations. In fact, starting out as a business is one of the toughest times and it is during these early years that a business is most vulnerable to failure. I was talking to my fired and financial expert Eugene Bernshtam recently and he was telling me how many people had asked him where they could get their hands on the cash to fund their brilliant…

Why philanthropy is beneficial for entrepreneurs like Robert Bassam

There are some entrepreneurs out there who view philanthropy as a nice thing to do for PR, as engaging in it meaningfully detracts too much from the pursuit of maximum revenue. This view is rather skewed, though, as regularly helping those in your area avails you to benefits that will give you a leg up over those who jealously hoard their money and time. Robert Bassam has embraced philanthropy for decades, as it not only has made him feel good, but it has also opened doors for him that have allowed his business to grow by leaps and bounds. Not…

How to Make Your Business More Competitive

Is your business struggling to compete with other companies in the same industry as you? In most industries and markets, competition continues to increase and customers and shoppers expect more from the companies they deal with. However, there are ways to improve this situation and make your business a more competitive organization. Below are some of the ways you can do this. Learn to Plan and Budget Properly All of the leading organizations in the world spend countless hours planning and budgeting. This ensures that these organizations have more control over their futures and you should take the same approach.…

7 Ways To Lead A Successful Home-Based Business

I first signed up to start working at home four years ago. It was in the wake of recession when my income was not as steady and my tenant had hiked the office space rent to mind-boggling amounts. In the beginning, I thought it could be all fun, checking mail and calling suppliers in the comfort of my pajamas. Well, after the first few months of low profits I had to sit down and reevaluate. I made a complete turn-around.   Owning a successful business is a combination of many efforts. To be effective as a home-based entrepreneur with no…

Top Reasons New Businesses Fail

You may think that thoughts of failure in your new business idea or enterprise should be the last thing that you have in your mind, and that instead you should be focussed on success. Whilst success is of course important to think about, it is understanding why and how businesses fail which can help lead you to the success which you are after. The key to success in business is learning from those who have made mistakes in the past, their mistakes can actually be key to you avoiding them further down the line, and as they say, the best…