Building brand reputation is important for the success of any growing business. A positive brand reputation increases customer confidence in your business that in the end will help in driving sales and overall business growth. Positive brand reputation indicates that
Brand positioning is an intangible place that you as a business owner want to possess in the minds of your target customers and sets you apart from your competition. Brand positioning is one of the important things that most successful
Financial model is a tool that is helping business owners to forecast business’ future financial performance. And this projection is based on the previous performance, and future assumptions of the business and requires income statement, balance sheet, cash flow statement.
To remain prosperous in business, every small business owners need to ensure that they have the right strategies in place to ensure increased overall productivity. You cannot realize that how dramatically minor changes in your business strategy can improve your
Expansion strategy is a process adopted by a company when trying to achieve a high growth level as compared to its previous achievements. Like every other small business owner you want your small business expand into a large business. There
Passion and good luck are the two basic elements require to run a business. However these elements will only help in the startup phase of business. Running a small business requires lots of business skills. Business skills are the abilities
Company culture is an essential part of any successful business. Every business has a culture that outlines its values and vision. Your employees’ behavior and efforts make your business successful, however there are businesses that only focus on their product
Financial technology or Fintech is a comprehensive classification that refers to the innovative use of technology used for applying and receiving financial services for businesses. Fintech apps cut the effort half for managing business finances and making the lending process
Managing customer retention rate is an incredibly important part of growing a small business. While there’s a certain attraction that comes with catching new customers, and keeping the existing customers coming back will result in a better ROI. Customer retention
Good cash flow is an important part of running a successful business. Managing all the overheads and having a surplus, are the signs of a strong and healthy business. Here is the short-guide on cash flow and its related topics
Cyber Monday is upon us. This year the consumers plan to spend almost $554.90 during the Thanksgiving weekend. It is time for retail businesses to stock up their stores and get ready for the sales. While there are many retail
Small Business Saturday 2018 is right around the corner. It is the time when everyone’s eyes are on small businesses. There are major initiatives supported by the Government to encourage people to shop small and local. With so much things
Retail industry is one of the major and progressively growing sectors in US. Statista predicts a whopping 246.15% increase in the worldwide ecommerce making the US with $340 billion, the world’s second largest eCommerce market. This year the purchasing power
Your credit score plays an important role in your business’ financial future and is an important aspect of your financial profile. Strong and excellent credit score helps you to qualify for business loans with low interest rates and favorable terms.
Looking for funding to fund your small business? The road ahead is full of twists and turns because it does require a lot of time and research to locate the best funding program that suits your business. Due to the
It is a common misunderstanding among small business owners that businesses with bad credit problems can’t get easy access to funding programs. However the truth is that businesses with bad credit problems can have access to funding. Actually business loans
When you need funding for your small business, it might be quite enticing to get a merchant cash advance or money against your future credit/debit card sales. Your cash advance provider will deposit your required amount into your business bank
The Black Friday has now grown to become a biggest eCommerce sales day of year. The Black Friday offers various opportunities for small businesses to create discounts and deals to attract their customers. Shoppers are striving for discounts and deals.
According to data from the US Census and the Minority Business Development Agency (MBDA), almost 37% of the US population identifies as a minority groups. 45% of small businesses in US were minority ethnic groups. The number has increased from
Thanksgiving is a US holiday celebrated at the end of year in November. This year the Thanksgiving is observed on the 22nd of November. According to the National Retail Federation, 40% of shoppers begin their shopping after the Halloween and