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- Marketing, advertising, management, finance,
customer service, team building and public relations
are all parts of a good business plan. However
they tend to be an art form and not a science.
- Marketing and advertising require creativity
- Multiple project management is an everyday occurrence
in business operations.
- Human resources are required for almost all
types of business, however leadership and employee
motivation cannot be learned from a book, but
are required for human resource management.
- Accounting and budgets are useful only if you
have the correct numbers to work with.
- A realistic budget is invaluable when operating
- Business ethics are required for long-term business
- Small business administration and business management
require constant review and change to keep up
with ever changing market conditions.
- Whether you have a home business, a franchise,
a small business, a large business or a multi-national
corporation, a business plan and a marketing plan
are basic necessities.
- Business plans and marketing plans should be
always changing, trying to predict future business
opportunities, marketing trends and economics
as well as industry trends, customer needs and
wants as well as market demographics.
- Franchises, home based business and small business
do not guarantee success, a business is a business,
the type does not matter. Small businesses and
major corporations have difficult issues to deal
- It is easy to find a business for sale but it
is difficult to determine a fair value for this
- Small business loans, small business grants,
government business grants and venture capital
are not easy to get, but the chances greatly increase
if a proper business plan is used.
- Business plans and marketing plans should be
unique and concise.
- CRM is not a new buzzword, customer relationship
management should be an important part of every
- Demographics and market research are required
when starting a business, writing a business plan,
marketing plan or positioning products.
- Internet marketing, vector marketing, network
marketing, email marketing and direct marketing
are just a few methods to increase sales. There
are many other creative marketing methods.
- Risk management, knowledge management, asset
management, supply chain management and strategic
planning are all parts of everyday business management.
- Ecommerce will be a vital part of most business
- Outsourcing can be used to increase profits
and reduce costs.
- Business contracts get more complicated everyday.
- International business sales, global operations
and international trade create risk as well as
business opportunities and require a great deal
of attention and management.
- Globalization is very complicated and guidance
- Continuous change management needs to occur
in order to address ever-changing market conditions
and customer needs.
- Total quality management, customer service and
quality assurance are all required for repeat
- Human resource management and development needs
to occur in order to maintain growth.
- Sales training is required to increase sales.
- Benchmarking your products and business against
your competition will help you find ways to improve
your business and increase profit.
- Being an entrepreneur may not be enough to operate
a successful business. Teamwork and sound financial
planning are also required to run a business smoothly
- Marketing research is a part of a good marketing
strategy and should be done before marketing plans
are finalized and any marketing takes place.
- Business ideas may or may not become a money
making business. Making money in business takes
a lot of effort.
- Starting your own business is not as easy as
- There are many franchise opportunities, it is
difficult to determine which one is best suited
to fit your needs.
- A franchising opportunity may not be best for
you. It may be better starting your own business
- Starting a small business can be very time consuming.
- Business budgeting is important, business expenses
are not easy to control.
- With international trade increasing there are
many business opportunities that include imports
and exports of your companies products and services.
- Plans for disaster recovery should be a part
of your business plan before the disaster happens.
- Customer relationship management will increase
your sales and your customer retention.
- Distribution of your business products needs
to be consistent and reliable.
- Small business ideas sometimes lead to large
- Intellectual property that your business created
should be protected.
- Business innovation needs to occur to stay ahead
of the competition.
- Your business needs to have an employee benefits
program on order to attract quality employees.
- Risk assessment needs to be done regularly in
order to protect business assets and business
- Financial statements need to be created to measure
the health and performance of your business.
- Entrepreneurship is the soul of business.
- Customer satisfaction is the key to repeat business.
- Strategic management and needs assessment are
just as important for small business as it is
for global business.
- Cash flow is the lifeblood of your business.
- Industry analysis is required to position your
products and business properly.
- Marketing strategies should be changed often.
- Risk analysis should be done often.
- Due diligence and needs assessment is critical
when considering mergers and acquisitions.
- Management should run the business, the business
should not run the management.
Organization, Efficiency & Growth Equals Profitability & Customer Satisfaction
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Business Management, Strategies, Planning, Branding, Positioning, Research, Training, Coaching, Marketing, Advertising, Sales, Customer Service, Quality Improvement, Change, Communications, Public And Media Relations, Negotiations, Compliance, Customer Loyalty, Asset Management, CRM, Organization Improvement, Leadership, Operations, Process Optimization, Distribution, Supply Chains, Outsourcing, Market Penetration, And Much More