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Claim"},{"term":"Jewelry"},{"term":"KSU Latest News"},{"term":"KSU Login"},{"term":"KSU Portal"},{"term":"KSU Post UTME Portal"},{"term":"Kitchen Gadgets"},{"term":"Kogi State University"},{"term":"Kogi State University Portal Login"},{"term":"Latest Trends"},{"term":"Lavender"},{"term":"Life"},{"term":"Localization"},{"term":"Lock"},{"term":"Love messages"},{"term":"Mini Home"},{"term":"Movers Company"},{"term":"Must Read"},{"term":"NOUN"},{"term":"NOUN Student Portal"},{"term":"National Open University"},{"term":"Nigeria Flag"},{"term":"Offline Blog Editor"},{"term":"Optimize Blog"},{"term":"Organization"},{"term":"Otubabatu"},{"term":"Outlook"},{"term":"Outlook Datafile usage is disabled on this computer"},{"term":"Outlook error 0x800ccc1a"},{"term":"Overseas Company Formation"},{"term":"Payment"},{"term":"Payroll Software India"},{"term":"Personal Lawyer"},{"term":"Plastics"},{"term":"Probate deadlines"},{"term":"Promo Codes"},{"term":"QuickTeller"},{"term":"ROAS"},{"term":"Rat"},{"term":"Right Choice"},{"term":"SMTP protocol"},{"term":"SMTP server"},{"term":"SQL Server error"},{"term":"Schooling"},{"term":"Smartphone"},{"term":"Standard Boards"},{"term":"Subtitles Sites"},{"term":"The System Drive Is Too Small"},{"term":"Thunderbird"},{"term":"Toilet Lock"},{"term":"Translation"},{"term":"Valentine gift ideas"},{"term":"Video to Audio"},{"term":"Wii Fit"},{"term":"Windows 10"},{"term":"Yoga"},{"term":"acc"},{"term":"access database corruption"},{"term":"access database errors"},{"term":"applying for physician loan"},{"term":"bedbugs"},{"term":"benefits of mashrooms"},{"term":"cargo"},{"term":"cat"},{"term":"concrete floor coatings"},{"term":"delivery services"},{"term":"dow"},{"term":"eating disorder"},{"term":"error 5171 in sql server"},{"term":"exhibition stand designs"},{"term":"eyelashes"},{"term":"floor additions"},{"term":"free ost to pst"},{"term":"free ost to pst converter"},{"term":"glass board"},{"term":"google home"},{"term":"gorgeous glow"},{"term":"gorgeous glow for dusky skin tone"},{"term":"healthy living"},{"term":"heart training"},{"term":"hire app developer"},{"term":"home additions"},{"term":"housboats"},{"term":"houseboat adventure"},{"term":"how to recover corrupted excel file"},{"term":"hr"},{"term":"import EML messages to Outlook"},{"term":"import EML to outlook"},{"term":"iot app developer"},{"term":"jeep led lights"},{"term":"jeep wrangler fog lights"},{"term":"laptops"},{"term":"lash lift"},{"term":"lash lift kit"},{"term":"magic shrooms"},{"term":"mouse"},{"term":"ost to pst conversion"},{"term":"ost to pst converter"},{"term":"outlook pst file is disabled on this computer"},{"term":"personal loan for physicians"},{"term":"pest control"},{"term":"photocopier"},{"term":"pursonal loan"},{"term":"recover virus infected files"},{"term":"regenerative economy"},{"term":"repair corrupt access database"},{"term":"repair the corrupted excel file"},{"term":"sales"},{"term":"slip and fall"},{"term":"stock"},{"term":"summer skin care"},{"term":"swim"},{"term":"system reset not working system drive small"},{"term":"taxation law"},{"term":"unable to recover system drive too small"},{"term":"virtual machine"},{"term":"wood"},{"term":"working tools"}],"title":{"type":"text","$t":"ComfortSkillz - Be Skilled With Us"},"subtitle":{"type":"html","$t":"ComfortSkillz - We Offers actionable marketing tips, make money online,  Digital marketing, Health and Fitness, best Android apps\/games downloads, and much more."},"link":[{"rel":"http://schemas.google.com/g/2005#feed","type":"application/atom+xml","href":"https:\/\/www.comfortskillz.com\/feeds\/posts\/default"},{"rel":"self","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/-\/Entrepreneurship?alt=json-in-script"},{"rel":"alternate","type":"text/html","href":"https:\/\/www.comfortskillz.com\/search\/label\/Entrepreneurship"},{"rel":"hub","href":"http://pubsubhubbub.appspot.com/"}],"author":[{"name":{"$t":"Safe Milli"},"uri":{"$t":"http:\/\/www.blogger.com\/profile\/04028366527936313269"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/4.bp.blogspot.com\/-83_5eJw2v7s\/XFi9zHldzxI\/AAAAAAAACFI\/fj1MRnf65TAaJeLyAYRjBDKw98eR57L7ACK4BGAYYCw\/s113\/small-scale-business.jpeg"}}],"generator":{"version":"7.00","uri":"http://www.blogger.com","$t":"Blogger"},"openSearch$totalResults":{"$t":"15"},"openSearch$startIndex":{"$t":"1"},"openSearch$itemsPerPage":{"$t":"25"},"entry":[{"id":{"$t":"tag:blogger.com,1999:blog-3719497256808261486.post-2444463610965522803"},"published":{"$t":"2021-08-25T12:27:00.001-07:00"},"updated":{"$t":"2021-08-25T19:33:09.241-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Business"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Entrepreneurship"}],"title":{"type":"text","$t":"7 Things To Be Specified In A Subcontractor Contract "},"content":{"type":"html","$t":"A general contractor receives much work to complete in their day-to-day lives. Sometimes, due to any reason, they may hire another person to help them complete the work they were initially assigned to do. The hired person, in this case, is the subcontractor. So, the subcontractor is answerable to the general contractor in case of any mishaps.  \u003Cbr \/\u003E\u003Cbr \/\u003ESince the \u003Ca href=\"https:\/\/www.investopedia.com\/articles\/investing\/090815\/buying-your-first-investment-property-top-10-tips.asp\" target=\"_blank\"\u003Eproperty\u003C\/a\u003E owner does not directly hire them, their relationship with them is nil. But before the subcontractor starts working for the contractor, they are required to sign a contract. This contract is known as a subcontractor contract. This contract deals with the agreements between the two parties regarding the work to perform, the materials to offer, the duration of the work, and the payment.\u003Cbr \/\u003E\u003Cdiv class=\"separator\" style=\"clear: both;\"\u003E\u003Ca href=\"https:\/\/1.bp.blogspot.com\/-DSgDE7lcP9g\/YSaZa37NOwI\/AAAAAAAAJRY\/UGMO9ija-VAcpc7XH0tWNSe5RQSOypWZwCLcBGAsYHQ\/s2048\/Subcontractor%2BContract.jpg\" style=\"display: block; padding: 1em 0px; text-align: center;\"\u003E\u003Cimg border=\"0\" data-original-height=\"2048\" data-original-width=\"2048\" src=\"https:\/\/1.bp.blogspot.com\/-DSgDE7lcP9g\/YSaZa37NOwI\/AAAAAAAAJRY\/UGMO9ija-VAcpc7XH0tWNSe5RQSOypWZwCLcBGAsYHQ\/s16000\/Subcontractor%2BContract.jpg\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cbr \/\u003EIf you are newly hiring a subcontractor, you must know what the subcontractor contract contains. Since this contract is confirmed before the work starts, any subcontractor is unlikely to start working without it. In this article, we are going to deliver comprehensive information on the same. Also, do not forget to take a peek at the information at \u003Ca href=\"https:\/\/gobridgit.com\/blog\/subcontractor-agreement-template-and-tips\/\" target=\"_blank\"\u003EGoBridgit\u003C\/a\u003E to know everything in detail.  \u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch3\u003E1. Mention The Work To Do\u003C\/h3\u003E\u003Cbr \/\u003EOne of the most important things to mention in the subcontractor contract is the work you expect the subcontractor to perform. Let them know about the specific tasks that need to be completed. Make sure you clarify everything carefully so that there is no room for complications later. Ensure this is confirmed in association with the subcontractor's agreement by considering the amount of work they can do for you. Also, do not forget to specify the schedule and deadline at this point. It is best to analyze if the subcontractor will be able to perform their duties carefully. Once that is agreed on, you can move on to other specifications.  \u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch3\u003E2. A Clear Estimate For Work Completion\u003C\/h3\u003E\u003Cbr \/\u003EThe general contractor and the subcontractor need to develop a precise estimate of how much time they will need to finish a specific task. This may be concerning the weather predictions. For example- if it is the rainy season, the speed of the work completion needs to be taken into account. If you are a general contractor looking for a disciplined subcontractor, make sure that you specify a deadline before the deadline set forth by the property owner for you. This will compel you to make sure that you do not delay at any cost. Such a thing will also help you keep in mind that the work is completed without any hesitation by a specific timeframe to avoid any later complications.  \u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch3\u003E3. Mention The Material Provider\u003C\/h3\u003E\u003Cbr \/\u003EThe next thing you need to mention is the person who will provide the materials. The delivery of those materials needs equal consideration. If the subcontractor demands a separate set of materials to finish the work, you need to map out the responsible individual for that. Generally, it is the subcontractor who provides their materials to work on. But on many rare occasions, you might have to do it yourself. Specifying that in the start helps lessen the complications and enables a more \u003Ca href=\"https:\/\/www.alida.com\/the-alida-journal\/seamless-customer-experience\" target=\"_blank\"\u003Eseamless working experience\u003C\/a\u003E.  \u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch3\u003E4. Specify The Payment Methods\u003C\/h3\u003E\u003Cbr \/\u003EOne of the essential things and probably the foremost thing to discuss is the payment method. Since both the contractor and the subcontractor directly indulge in work for money, it is good to discuss the payment method on time. Make sure you both agree on how the subcontractor needs to be paid and by when. Do consider any delays if at all you think they may occur.  \u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch3\u003E5. Event Of Breach Of Contract\u003C\/h3\u003E\u003Cbr \/\u003EAlthough in most cases, a contract breach isn't something common to observe, it is best to agree upon it with your subcontractor so that you can ensure safety at every step of the way. If you have any plans to pass to the subcontractor any costs, it needs to be discussed as soon as possible before it is too late. So, a subcontractor must not agree to a general contractor's form agreement without enough discussion on the provisions. Make sure everything is analyzed carefully to leave minimal room for complications in the later stages. If there is any pressure to do so, the subcontractor can have another contractor observe the agreement and offer an opinion on it.  \u003Cbr \/\u003E\u003Cbr \/\u003EAnother significant thing to keep in mind is to discuss the changes in work if any occur later. What happens if the work schedule changes later? Will you still get the same payment? Will you still be given the same deadline? These are specific questions a subcontractor is likely to want you to answer. As such, it is best to resolve such queries by simply mentioning them in the contract.  \u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch3\u003E6. List The Rights And Duties Carefully\u003C\/h3\u003E\u003Cbr \/\u003EBoth the subcontractor and contractor have certain rights and duties on a specific project. When you list them down carefully in the contract, you can have a seamless work experience and share long-term relationships with the party without any hindrance. So, for example- if the subcontractor is to provide their materials and has their \u003Ca href=\"https:\/\/www.investopedia.com\/terms\/l\/liability_insurance.asp\" target=\"_blank\"\u003Eliability insurance\u003C\/a\u003E, those things should be mentioned in this section. If either party fails to mention such essential specifications, it can create a controversial moment for both parties. So, why become a part of that?  \u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch3\u003E7. Offer Warranty And Indemnity Clauses\u003C\/h3\u003E\u003Cbr \/\u003EGenerally, the subcontractor warrants their work against specific defects in materials. This may also be done against craftsmanship for a certain amount of years. In such cases, the contractor is deemed harmless from any claims or losses associated with the work they perform. When taken into account, such things allow you to engage in a convenient working process and a seamless agreement with the other party. When you complete the construction work together, there is less room for stressful conversations and discussions.  \u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch3\u003EThe Bottom Line\u003C\/h3\u003E\u003Cbr \/\u003EThese are some of the most critical specifications to mention in the subcontractor contract. So, make sure you specify them clearly in the contract before hiring the subcontractor. We promise; it will help you out."},"link":[{"rel":"edit","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/2444463610965522803"},{"rel":"self","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/2444463610965522803"},{"rel":"alternate","type":"text/html","href":"https:\/\/www.comfortskillz.com\/2021\/08\/things-to-be-specified-in-a-subcontractor-contract.html","title":"7 Things To Be Specified In A Subcontractor Contract "}],"author":[{"name":{"$t":"Safe Milli"},"uri":{"$t":"http:\/\/www.blogger.com\/profile\/04028366527936313269"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/4.bp.blogspot.com\/-83_5eJw2v7s\/XFi9zHldzxI\/AAAAAAAACFI\/fj1MRnf65TAaJeLyAYRjBDKw98eR57L7ACK4BGAYYCw\/s113\/small-scale-business.jpeg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-DSgDE7lcP9g\/YSaZa37NOwI\/AAAAAAAAJRY\/UGMO9ija-VAcpc7XH0tWNSe5RQSOypWZwCLcBGAsYHQ\/s72-c\/Subcontractor%2BContract.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-3719497256808261486.post-6879686446915431947"},"published":{"$t":"2021-08-16T04:07:00.005-07:00"},"updated":{"$t":"2021-08-16T05:39:22.604-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Entrepreneurship"}],"title":{"type":"text","$t":"How to Choose the Right Talent Agency for You"},"content":{"type":"html","$t":"Whether you wish to get casted in commercial advertisements, TV shows, or a dance show, finding yourself the right talent agency is the correct way to kickstart your career. Talent agencies represent people to help them find roles well suited to their interests and capabilities. They turn in your names to casting directors to help you secure an audition for yourself. \u003Cbr \/\u003E\u003Cbr \/\u003ETalent agencies have a far-reaching network within the industry to help you showcase your abilities. These agents also help in the negotiation of your contract. With a plethora of opportunities opening up in every talent-oriented industry, the need for the right talent agencies has witnessed a significant growth.\u003Cbr \/\u003E\u003Cdiv class=\"separator\" style=\"clear: both;\"\u003E\u003Ca href=\"https:\/\/1.bp.blogspot.com\/-lO-KXKyxDII\/YRpGZQ3floI\/AAAAAAAAJOo\/tZPB-j8RqBAdOnbWqRQQcBaBDWrkBImAQCLcBGAsYHQ\/s512\/How%2Bto%2BChoose%2Bthe%2BRight%2BTalent%2BAgency.jpg\" style=\"display: block; padding: 1em 0px; text-align: center;\"\u003E\u003Cimg alt=\"Talent Agency\" border=\"0\" data-original-height=\"341\" data-original-width=\"512\" src=\"https:\/\/1.bp.blogspot.com\/-lO-KXKyxDII\/YRpGZQ3floI\/AAAAAAAAJOo\/tZPB-j8RqBAdOnbWqRQQcBaBDWrkBImAQCLcBGAsYHQ\/s16000\/How%2Bto%2BChoose%2Bthe%2BRight%2BTalent%2BAgency.jpg\" \/\u003E\u003C\/a\u003E\u003C\/div\u003EThere are a large number of talent agencies worldwide that have helped people aspiring in acting, modeling, dancing or any other unique talent of theirs benefit immensely. They have not only proved advantageous to adults but kids and teens as well. \u003Cbr \/\u003E\u003Cbr \/\u003EDifferent talent agents cost different fees. For example, most acting agents charge between \u003Ca href=\"https:\/\/beverlyboy.com\/how-much-does-it-cost\/how-much-do-acting-agents-cost\/\" target=\"_blank\"\u003E10 and 15% of the income\u003C\/a\u003E made by the actors. It’s very important for you to be sure about your goals so that you can find the right agency for you. I have enlisted some great tips below to help you choose the right \u003Ca href=\"https:\/\/www.huntertalent.com.au\/\" target=\"_blank\"\u003Eacting and modeling agency in Melbourne:\u003C\/a\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch3\u003E1. Formulate a list of potential agencies as well as agents\u003C\/h3\u003E\u003Cbr \/\u003EStart with asking for suggestions from people on your personal network. If you are acquainted with some industry professionals, teachers, batchmates, or anyone who are in this business, inquire them about the following: \u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv\u003E\u003Cul style=\"text-align: left;\"\u003E\u003Cli\u003E\u0026nbsp;Which agents seem the correct fit to you and which ones should I not contact?\u003C\/li\u003E\u003Cli\u003E\u0026nbsp; How do I reach out to them?\u003C\/li\u003E\u003Cli\u003E\u0026nbsp; Are you aware of anyone who can help recommend me?\u003C\/li\u003E\u003C\/ul\u003E\u003C\/div\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EYou can also research licensed talent agents for higher odds of finding work. They are usually certified by unions and are hence more reliable. However, remember that lacking a license doesn’t make an agent less reputable. Just be informed about their work history to dodge any scams coming your way. \u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch3\u003E2. Research thoroughly about your agency options\u003C\/h3\u003E\u003Cbr \/\u003EFind out the number of agents employed in the agency, its location, number of years this agency has been functioning, who they represent, etc. Make sure that the information you have gathered is legitimate or else you might fall prey to scams and frauds. \u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch3\u003E3. Begin contacting the talent agents\u003C\/h3\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EOnce you are done with your list, begin contacting them. Gain more information through them and understand whether this could be a fit for you. You will be asked to provide a resume along with a cover letter. \u003Cbr \/\u003E\u003Cbr \/\u003EMake sure that your portfolio adheres to professional boundaries. Double-check your documents to avoid any silly errors. Review the website to make sure you have all the documents needed for submission. \u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch3\u003E4. Request your network for referrals\u003C\/h3\u003E\u003Cbr \/\u003EIf you know some people who can recommend some great agencies in your industry, send them your portfolio and seek a favor.   \u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch3\u003E5.Prepare yourself for interviews\u003C\/h3\u003E\u003Cbr \/\u003EWhile you wait for them to revert, begin with your preparations for interviews. Make sure that you have a duplicate of your portfolio to carry to the interview. You will be required to exhibit a piece of your talent in front of the interviewers, so make sure you are prepared for that. \u003Cbr \/\u003E\u003Cbr \/\u003EKeep in mind that you want the agency to be the right fit for you. So, don’t hesitate to ask questions that are important to you. It’s your responsibility and right to know the details of the agency that will be your representative. \u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch2 style=\"text-align: left;\"\u003EOver to you…\u003C\/h2\u003E\u003Cbr \/\u003EThis process of finding the correct platform for your talents can be a daunting task. It surely takes time and requires a great deal of patience. Don’t submit to impatience, since in the end, you want to work with the agency that would be favorable for your career growth. \u003Cbr \/\u003E\u003Cbr \/\u003EIn case you face rejection, don’t take it personally. Rather, look at it as a learning opportunity. Sometimes agents recognize that they already have too many people in search of similar roles. Keep these tips on your mind, be sure of what you are looking for and soon you will find the most suitable option for yourself!"},"link":[{"rel":"edit","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/6879686446915431947"},{"rel":"self","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/6879686446915431947"},{"rel":"alternate","type":"text/html","href":"https:\/\/www.comfortskillz.com\/2021\/08\/how-to-choose-right-talent-agency-for.html","title":"How to Choose the Right Talent Agency for You"}],"author":[{"name":{"$t":"Safe Milli"},"uri":{"$t":"http:\/\/www.blogger.com\/profile\/04028366527936313269"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/4.bp.blogspot.com\/-83_5eJw2v7s\/XFi9zHldzxI\/AAAAAAAACFI\/fj1MRnf65TAaJeLyAYRjBDKw98eR57L7ACK4BGAYYCw\/s113\/small-scale-business.jpeg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-lO-KXKyxDII\/YRpGZQ3floI\/AAAAAAAAJOo\/tZPB-j8RqBAdOnbWqRQQcBaBDWrkBImAQCLcBGAsYHQ\/s72-c\/How%2Bto%2BChoose%2Bthe%2BRight%2BTalent%2BAgency.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-3719497256808261486.post-3802734010952600588"},"published":{"$t":"2021-01-07T01:21:00.002-08:00"},"updated":{"$t":"2021-01-07T01:26:27.240-08:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Business"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Entrepreneurship"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Startup"}],"title":{"type":"text","$t":"5 Options for Acquiring Startup Capital"},"content":{"type":"html","$t":"\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"https:\/\/1.bp.blogspot.com\/-1g1YcgWE7v8\/X_bRYVVGNOI\/AAAAAAAAJkY\/ZLA1n5H27ZYqaPHQDx6IS9Vz_qx6dihTwCLcBGAsYHQ\/s390\/images%2B%25281%2529%2B%25283%2529.jpeg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg border=\"0\" data-original-height=\"280\" data-original-width=\"390\" src=\"https:\/\/1.bp.blogspot.com\/-1g1YcgWE7v8\/X_bRYVVGNOI\/AAAAAAAAJkY\/ZLA1n5H27ZYqaPHQDx6IS9Vz_qx6dihTwCLcBGAsYHQ\/s320\/images%2B%25281%2529%2B%25283%2529.jpeg\" width=\"320\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cbr \/\u003E\u003Cp\u003E\u003C\/p\u003E\u003Cp\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; white-space: pre-wrap;\"\u003EThe economy needs new small businesses that can meet the changing needs of current consumers. Establishing these businesses can also make a stable income for more people while creating jobs. The biggest challenge of starting a business is obtaining startup capital. To assist with this issue, here are five ways to acquire startup Capital.\u003C\/span\u003E\u003C\/p\u003E\u003Ch2 style=\"text-align: left;\"\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; white-space: pre-wrap;\"\u003EAngel investors\u003C\/span\u003E\u003C\/h2\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; white-space: pre-wrap;\"\u003EAngel investors are individuals and investment firms that provide capital to \u003Ca href=\"https:\/\/www.comfortskillz.com\/2019\/12\/how-to-become-successful-entrepreneur.html\" target=\"_blank\"\u003Eentrepreneurs\u003C\/a\u003E in exchange for a share of the profits. These private investors are looking for businesses that can grow to make the money they invest work for them.\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; white-space: pre-wrap;\"\u003E\u003Cbr \/\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; white-space: pre-wrap;\"\u003EThe additional benefit to angel investors is many of them ask for a small percentage of the company with their financial contribution. It can be beneficial because this gives them a vested interest in your success, which may give you a source for other resources. In some cases, businesses may need more than just startup capital in the beginning.\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; white-space: pre-wrap;\"\u003E\u003Cbr \/\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Ch2 style=\"text-align: left;\"\u003E\u003Cspan id=\"docs-internal-guid-ed653669-7fff-2709-ff88-12582cc3655a\" style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003ELoans\u003C\/span\u003E\u003C\/h2\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003EBusiness loans are a popular way for small companies to get the capital they need to make various improvements and upgrades. But while traditional business loans are advantageous to established enterprises, they’re almost impossible to secure for inexperienced entrepreneurs.\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003E\u003Cbr \/\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003EMany aspiring business owners turn to personal loans to help fund their startup dreams. Whether it’s small \u003Ca href=\"https:\/\/oportun.com\/locations\/brownsville-78521-329\/\" target=\"_blank\"\u003Eloans in Brownsville Texas\u003C\/a\u003E, or sizeable financing in New York, the quality and quantity of borrowed startup capital will depend on several factors. While the amount borrowed and repayment terms will vary, the viability of personal loans as a means to fund a startup remains the same.\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003E\u003Cbr \/\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Ch2 style=\"text-align: left;\"\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003EFamily and friends fundraiser\u003C\/span\u003E\u003C\/h2\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003EAnother source that may be a bit underrated is the family and friends approach. Currently, there are multiple outlets that you can set up, identifying a goal of the amount of capital you are trying to raise and a single location to make contributions.\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003E\u003Cbr \/\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003EAlthough it's not a guarantee that the funds sent to these sources are tax-deductible for the contributor, you will not run the burden of giving up a percentage of your company or have a payment that you will need to make on the money received. It can be a fast process if you have wealthy friends and family in your network.\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003E\u003Cbr \/\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Ch2 style=\"text-align: left;\"\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003ESavings\u003C\/span\u003E\u003C\/h2\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003EEven though this option could take a little longer than you may want it to, the benefits of \u003Ca href=\"https:\/\/smallbiztrends.com\/2018\/06\/how-to-save-money-to-start-a-business.html\" target=\"_blank\"\u003Esaving money to start a small business\u003C\/a\u003E are plenty. What’s more, you may be surprised by how much-unexpected income you receive if you add that money to savings.\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003E\u003Cbr \/\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003EExtreme discipline is the key to this method. Having the goal of starting your own business could be a motivating factor in reaching your goal. There is also the added benefit of earning interest on the money you are saving. It may also help to open a business account and deposit any saved money to that account.\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003E\u003Cbr \/\u003E\u003C\/span\u003E\u003C\/div\u003E\u003Ch2 style=\"text-align: left;\"\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003ELiquidating personal assets\u003C\/span\u003E\u003C\/h2\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003EThis last option may be more useful if the item or items you are liquidating will give you all the capital you need. You do not want to be in a situation where you sold your car or house, and you wait so long to start your business that the money goes to something else. The money you receive from selling your items may work harder for you when your business begins to generate a profit. Whatever you sold, you will be able to get a better version long-term.\u003C\/span\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cspan style=\"font-family: Arial; font-size: 12pt; font-variant-east-asian: normal; font-variant-numeric: normal; vertical-align: baseline; white-space: pre-wrap;\"\u003E\u003Cbr \/\u003E\u003C\/span\u003E\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/3802734010952600588"},{"rel":"self","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/3802734010952600588"},{"rel":"alternate","type":"text/html","href":"https:\/\/www.comfortskillz.com\/2021\/01\/Acquiring-Startup-Capital.html","title":"5 Options for Acquiring Startup Capital"}],"author":[{"name":{"$t":"Winnercoz"},"uri":{"$t":"http:\/\/www.blogger.com\/profile\/12203441928277408583"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"29","height":"32","src":"\/\/2.bp.blogspot.com\/-yEPcuQs3mdI\/XZULj9pDMII\/AAAAAAAAIgA\/VBcUbMRqjZM3smX4pSBugiArzTvf8PxVACK4BGAYYCw\/s113\/IMG_8726.JPG"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-1g1YcgWE7v8\/X_bRYVVGNOI\/AAAAAAAAJkY\/ZLA1n5H27ZYqaPHQDx6IS9Vz_qx6dihTwCLcBGAsYHQ\/s72-c\/images%2B%25281%2529%2B%25283%2529.jpeg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-3719497256808261486.post-3396736227403408163"},"published":{"$t":"2020-02-27T03:43:00.000-08:00"},"updated":{"$t":"2020-02-27T03:43:37.469-08:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Entrepreneurship"}],"title":{"type":"text","$t":"ENTREPRENEURSHIP: Oh! What A Beautiful Mistake"},"content":{"type":"html","$t":"\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"https:\/\/1.bp.blogspot.com\/-sp-QV7iPj6U\/XleqIcns-sI\/AAAAAAAAAQY\/mFxgz4LUAEQqWR68nVyXxhP_sz3UYUCMwCLcBGAsYHQ\/s1600\/ENTREPRENEURSHIP%2BOh%2BWhat%2Ba%2BBeautiful%2BMistake.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg border=\"0\" data-original-height=\"600\" data-original-width=\"900\" height=\"213\" src=\"https:\/\/1.bp.blogspot.com\/-sp-QV7iPj6U\/XleqIcns-sI\/AAAAAAAAAQY\/mFxgz4LUAEQqWR68nVyXxhP_sz3UYUCMwCLcBGAsYHQ\/s320\/ENTREPRENEURSHIP%2BOh%2BWhat%2Ba%2BBeautiful%2BMistake.jpg\" width=\"320\" \/\u003E\u003C\/a\u003E\u003C\/div\u003EThere are millions of aspirations burning inside that small cubicle. Only a few dare the adventure to create an impact by moving out of their comfort zone. I was once reluctant to get the ball rolling for all the insecurities that surround the startup world. But then, you have to take chances in life and get the better of yourself.\u003Cbr \/\u003E\u003Cbr \/\u003EThings changed after the \u003Ca href=\"https:\/\/www.legalwiz.in\/private-limited-company-registration\"\u003Eprivate limited company registration\u003C\/a\u003E as I took my chance and started a blissful entrepreneurial journey, albeit with a few hiccups. The idea was to simplify compliance for SMEs by cutting down the bureaucratic walls involved in starting a new business.\u003Cbr \/\u003E\u003Cbr \/\u003ESo far, the journey has been prolific but certainly not devoid of hiccups and discomfort experienced initially. Even now, such stuff goes on but the thing is – I got used to it! Entrepreneurship is a sweet mistake where you will like the fruits it offers you and still leave you with a thought or two inside your head about what if you didn’t start all this?\u003Cbr \/\u003E\u003Cbr \/\u003ETo me, I cannot imagine myself to be anything else than being an entrepreneur – aspiring, making sacrifices, ruthlessly progressing, compassionately living, and above all balancing every bit of experiences that it offers.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cstrong\u003E\u0026nbsp;Here’s what I learned from my mistake.\u003C\/strong\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch2\u003E- Balancing Personal And Professional Finance\u003C\/h2\u003E\u003Cbr \/\u003EThere are times where find it difficult to segregate personal and professional finance. When a business runs low, you will be tempted to chip in as it’s a pocket money, and gradually it will become a habit. Don’t tame such practices as they imperil your other commitments as well. Never fall under the trap to juggle two distinctive sets of finances. You may end up paying up a price costlier than your business in this process. Put this to use by having two finance tracking systems, separate for personal and business purposes.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch2\u003E- Sacrificing Personal Commitments\u003C\/h2\u003E\u003Cbr \/\u003EHere’s the tough choice that you will make. For all those who live in an illusion of balancing two ends of life must also do an in-depth reality check - which may come as an eye-opener rather than a ‘happy realisation’. Initially, your startup will demand a high priority, and in the process, you will be squeezing your personal space and time for it. Be ready to sacrifice social events, family days, and even your vacations. Consider it as your initial contribution towards turning your dream to reality and not daydream about beaches and mountains.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch2\u003E- Taking Your Team Along With You\u003C\/h2\u003EOne of the biggest challenges you will face is building\u0026nbsp;\u003Ca href=\"https:\/\/www.legalwiz.in\/blog\/building-the-a-team-for-your-startup\"\u003EA-Team for your startup\u003C\/a\u003E\u0026nbsp;as you launch. You must not only run fast and grow but also take your team along with you so that they grow as well. This will win faith. A skilled, trustworthy team in a startup is a crucial asset responsible for the success of your startup and growing together is motivating.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch2\u003E- Be Responsibly Irresponsible In Mistakes You Commit\u003C\/h2\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cem\u003E“Mistakes make the man”\u003C\/em\u003E. It is just fine to make mistakes – as long as you accept them with learning involved. Remember, change is the only constant. Your blunders may have enough potential to let you explore that side of your entrepreneurship which may not surface otherwise. Embrace it, change accordingly and rise fast, rise sharply; never be embarrassed about it. Ever!\u003Cbr \/\u003E\u003Cbr \/\u003EBut after all this, there is something beautiful in the end. A series of scenarios will keep you afloat, and probably some investors will see potential in your dream as well. But I refrained myself from succumbing to the clichéd route and instead of chasing financers, I was pursuing my clients to make them better understand my product offerings. But\u0026nbsp;getting the first 1000 customers onboard\u0026nbsp;requires quite a bit of homework. There will be times when you will still look for an inspiration and trust me, you will find one!\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cstrong\u003EHere’s how I overcame the hiccups and kept empowered my commitment charged with perseverance.\u003C\/strong\u003E\u003Cbr \/\u003E\u003Cstrong\u003E\u003Cbr \/\u003E\u003C\/strong\u003E\u003Cbr \/\u003E\u003Ch2\u003E- I Looked At The Numbers - Analysed Them - Made Sound Decisions\u003C\/h2\u003E\u003Cbr \/\u003EI am glad that I committed mistakes by working out my business numbers on paper. This gave me a better sense of understanding about my business. But startups are competitive and propelling is the only way out. For this, you need to achieve maximum impact with minimum efforts. Make the best use of abundant analytics tools that make improved decision making faster and smoother.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch2\u003E- Learned The Art Of Delegation\u003C\/h2\u003E\u003Cbr \/\u003EWorking as a team does not mean merely passing on responsibility and authority. You will also need to hand over the ownership of work which creates a sense of belongingness amongst the employees. Such faith translates to individuals striving hard for better results. It all begins with having a trusted team in place and choosing the right leader to do the job. This way, you will also be able to take out time for yourself that can be put to use by avoiding the nitty-gritty of a usual workday. Ensure creating specific set of values in the company and then pass those down to them.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch2\u003E- If You Ever Think Of Quitting, Question Why You Started It!\u003C\/h2\u003E\u003Cbr \/\u003EYou have been in the business for a reason. There’s a dream that you nurture, there’s a purpose behind getting into this startup game and quitting was surely not the one! Sure, you must have had some good reasons to stop when you feel the turmoil of tasks taking over your calm and patience. Be confident and take the aid of\u0026nbsp;a decision-making matrix\u0026nbsp;to identify the reason that makes you think of quitting.\u003Cbr \/\u003E\u003Cbr \/\u003EOn the contrary, do find the right reasons as well and search for a ray of hope that makes you stick to the business. Take no decision hastily that makes you regret – be it quitting or pursuing, and based on my experience, the former may do more damage than you can ever imagine.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch2\u003EConclusion\u003C\/h2\u003EIt all boils down to how you can make your venture profitable for yourself and the team collectively. Admittedly, it’s a mistake…only if you want it to be. You may instead want to correct it even if you make one purely because of what it offers in the end.\u003Cbr \/\u003E\u003Cbr \/\u003EHow about changing the perspective and asking a question that is rather teasingly pleasurable…which one will give you more happiness – 10% hike in your salary or 5% growth in revenue? If it's the latter, you know you are at the right place, doing just what you are meant to in this life.\u0026nbsp; \u0026nbsp; "},"link":[{"rel":"edit","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/3396736227403408163"},{"rel":"self","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/3396736227403408163"},{"rel":"alternate","type":"text/html","href":"https:\/\/www.comfortskillz.com\/2020\/02\/entrepreneurship-oh-what-beautiful.html","title":"ENTREPRENEURSHIP: Oh! What A Beautiful Mistake"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-sp-QV7iPj6U\/XleqIcns-sI\/AAAAAAAAAQY\/mFxgz4LUAEQqWR68nVyXxhP_sz3UYUCMwCLcBGAsYHQ\/s72-c\/ENTREPRENEURSHIP%2BOh%2BWhat%2Ba%2BBeautiful%2BMistake.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-3719497256808261486.post-4115918404970141977"},"published":{"$t":"2020-01-19T03:24:00.002-08:00"},"updated":{"$t":"2020-01-21T14:17:22.801-08:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Business"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Entrepreneurship"}],"title":{"type":"text","$t":"5 Non-Standard Ways to Boost Your Business"},"content":{"type":"html","$t":"\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"https:\/\/1.bp.blogspot.com\/-xfhEjm4bguI\/XiQ8Nf5oq0I\/AAAAAAAAARE\/y_SQAK9U8oE-OSdp2UVDfwIDrDkjz4L6ACLcBGAsYHQ\/s1600\/business.webp\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg border=\"0\" data-original-height=\"853\" data-original-width=\"1280\" height=\"426\" src=\"https:\/\/1.bp.blogspot.com\/-xfhEjm4bguI\/XiQ8Nf5oq0I\/AAAAAAAAARE\/y_SQAK9U8oE-OSdp2UVDfwIDrDkjz4L6ACLcBGAsYHQ\/s640\/business.webp\" width=\"640\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cbr \/\u003EStarting your own business is not an easy task. Private business, by definition, is associated with risks, because you have to start, as a rule, from scratch, without a finished product, a customer base, or net profit.\u003Cbr \/\u003E\u003Cbr \/\u003EA new businessman is constantly haunted by doubts: will a new business develop into a stable and successful business, will the product be in demand on the market, am I doing everything right, or is it worth changing the approach? Such thoughts and experiences are inherent in any person starting a new project in any area of ​​life. Is that familiar? Then you should learn some business development tips that will silence your inner skeptic and enjoy not only the process but also the result.\u003Cbr \/\u003E\u003Cbr \/\u003ESo, you have put into practice all these basic techniques of advancement and, perhaps, even achieved a positive result like \u003Ca href=\"https:\/\/gigsharks.com\/\"\u003EGigsharks\u003C\/a\u003E - excellent, let's move on. It's time to change tactics and add some creativity!\u003Cbr \/\u003E\u003Cbr \/\u003ERegardless of whether you are starting a new business from scratch, or if an existing business has reached an impasse, it will be useful for you anyway to read the following 5 techniques that can move things off the ground. You will surely find something interesting for yourself and your business will gain a second wind.\u003Cbr \/\u003E\u003Ch3\u003EExplore competitors\u003C\/h3\u003E\u003Cdiv\u003EHave you ever dreamed of becoming a private investigator? Watched someone trying to get the right information, or out of sheer curiosity?\u003Cbr \/\u003E\u003Cbr \/\u003ESuch reconnaissance of the situation should be carried out in advance, before \u003Ca href=\"https:\/\/www.entrepreneur.com\/article\/297899\"\u003Estarting your own business\u003C\/a\u003E. But even if you missed the moment, you still have the opportunity to apply your search skills - it’s never too late to learn a little more about your competitors.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch3\u003EKnow your worth\u003C\/h3\u003EOne rich man had a steamer that often broke. Usually, any breakdown was quickly fixed by mechanics, but this time the engine was seriously damaged, and the mechanics could not fix it. Then the rich man called an experienced shipbuilding engineer, who was known for his wisdom and ability to find a solution to any problem, but his services were expensive.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cbr \/\u003ESo, the lesson being learned is that if you are offering something qualitative be smart enough to proposition it to the audience in the right money and the right way.\u003Cbr \/\u003E\u003Ch3\u003EBe helpful\u003C\/h3\u003E\u003C\/div\u003E\u003Cdiv\u003EA few months ago, I proposed my candidacy for the vacant position of a freelance journalist of one of the popular online publications. This vacancy interested me immediately, as soon as I saw the working conditions. A flexible schedule, fantastic pay, the opportunity to do what I love most.\u003Cbr \/\u003E\u003Cbr \/\u003EAt that time, I already had a decent experience of working with the best editors of world magnitude, in my portfolio, some articles were published in the largest publications with a millionth audience. I got the idea to get this place at all costs because I thought that I was ideally suited for this job, and I could not have competitors with such a resume.\u003Cbr \/\u003E\u003Ch3\u003EMaintain active communication\u003C\/h3\u003E\u003C\/div\u003E\u003Cdiv\u003EI always try to keep in touch with my students. Every week, I send out SMS to remind you of the upcoming lesson and confirm that everything remains valid. Sometimes I do an e-mail newsletter with additional homework and some tips on how to improve the technique of playing the guitar. Also, I often correspond with former students to find out how things are going, and to remind that I am always ready to help if difficulties arise or if one of them suddenly wants to resume classes.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Ch3\u003EDo not lower the bar\u003C\/h3\u003E\u003C\/div\u003E\u003Cdiv\u003EIf you had to raise a business from scratch, you must have passed the stage when you had to carry out leadership functions and the dirtiest work. It sounds wild as if the CEO was dragging the toilets with his own hands. This is quite normal when it comes to a young enterprise when a businessman does not yet have the opportunity to hire full-time staff.\u003Cbr \/\u003E\u003Cbr \/\u003EBut a business is a business - large or small, it can succeed or burn out, regardless of the size of the office and the number of employees. Unfortunately, for small business there are already sharks and spoiled customers there, small newcomers often become easy targets.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/4115918404970141977"},{"rel":"self","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/4115918404970141977"},{"rel":"alternate","type":"text/html","href":"https:\/\/www.comfortskillz.com\/2020\/01\/5-non-standard-ways-to-boost-your.html","title":"5 Non-Standard Ways to Boost Your Business"}],"author":[{"name":{"$t":"Unknown"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"16","height":"16","src":"https:\/\/img1.blogblog.com\/img\/b16-rounded.gif"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-xfhEjm4bguI\/XiQ8Nf5oq0I\/AAAAAAAAARE\/y_SQAK9U8oE-OSdp2UVDfwIDrDkjz4L6ACLcBGAsYHQ\/s72-c\/business.webp","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-3719497256808261486.post-9172760411310631901"},"published":{"$t":"2019-01-19T16:27:00.001-08:00"},"updated":{"$t":"2019-10-27T03:59:02.035-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Entrepreneurship"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Finance"}],"title":{"type":"text","$t":"Best 8 Financial Benefits of Online Trading"},"content":{"type":"html","$t":"\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"https:\/\/2.bp.blogspot.com\/-q1m4wA0Frao\/XEPBNSdUf7I\/AAAAAAAABq0\/1nYWskD6Vyw6ddLQovlWXMMGtSiL7121ACEwYBhgL\/s1600\/Benefits-Online-Trading.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg alt=\"Online trading benefits\" border=\"0\" data-original-height=\"720\" data-original-width=\"960\" height=\"240\" src=\"https:\/\/2.bp.blogspot.com\/-q1m4wA0Frao\/XEPBNSdUf7I\/AAAAAAAABq0\/1nYWskD6Vyw6ddLQovlWXMMGtSiL7121ACEwYBhgL\/s320\/Benefits-Online-Trading.jpg\" title=\"Online trading financial benefits \" width=\"320\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cbr \/\u003EOnline trading is one of the quickest ways of investing and earning. Although online investment scams are real, there are plenty of legitimate ways to invest your money in the market by using online trading platforms. For instance, you can sign up with brokerage platforms offered by reliable providers like \u003Ca href=\"https:\/\/www.bernstein-bank.com\/\" target=\"_blank\"\u003EBernstein bank\u003C\/a\u003E and trade in commodities, forex, penny stocks, or any other kind of investment. \u003Cbr \/\u003EDespite its popularity, many investors are still skeptical about online trading. If that describes your own point of view, you might want to have a look at these financial benefits and change your mind:\u003Cbr \/\u003E\u003Ch3\u003E1. It’s cheaper\u003C\/h3\u003EOnline trading is cheaper than traditional trading in several ways. First, you don’t need a broker to execute your trades. Although you do pay fees for online trades, the cost isn’t as high. Second, you can get started even if have a modest amount of capital to invest. Popular brokerages offer trades under $10 without maintaining an account minimum.\u003Cbr \/\u003E\u003Ch3\u003E2. You have more control\u003C\/h3\u003EOnline trading allows you to trade what you want, when you want. Unlike conventional trading, you don’t have to wait to get in touch with a broker to place an order. Your transactions are almost instant. You can review them by yourself instead of depending on a broker for performance and other trading information.\u003Cbr \/\u003E\u003Ch3\u003E3. You can monitor your investments in real time\u003C\/h3\u003EOnline brokerage platforms come with advanced interfaces. From your online trading account, you can see how your investments are performing throughout the day. You can log into your account via your smartphone or computer and keep an eye on your financial gains and losses in real time. You won’t miss out on any important changes. Plus, you’ll have access to different tools, financial reports, and the latest news to react to the market changes in a timely fashion.\u003Cbr \/\u003E\u003Ch3\u003E4. Transactions are faster\u003C\/h3\u003EOnline banking has made online trading even more efficient. Transferring funds between accounts happens almost instantly, and quicker transfers mean quicker earnings. If both accounts are with the same bank, the transaction will be processed even faster, so you can buy and sell stocks with a simple click of the mouse.\u003Cbr \/\u003E\u003Ch3\u003E5. Markets are open 24x7\u003C\/h3\u003EIt isn’t just your transactions that become seamless – online trading gives you the opportunity to work in the hours that are convenient for you. Extended market hours have created more trading opportunities for investors. Yes, optimal trading hours do exist, but most markets are open 24 hours a day, 5 days a week. You can even trade from home any time you want. You can choose to trade part-time or full-time as and when you want.\u003Cbr \/\u003E\u003Ch3\u003E6. It’s personalized\u0026nbsp;\u003C\/h3\u003EThrough your online platform, you can place orders with stop loss triggers and place price alerts or volume spurt triggers on specific stocks. In addition to tracking your trading strategies in real time, you can also personalize them. Best of all, you have the ability to immediately adjust your strategy if the market takes a sudden turn.\u003Cbr \/\u003E\u003Ch3\u003E7. You avoid brokerage bias\u003C\/h3\u003EOnline trading gives you the liberty to take full control of your own trading decisions, which allows you to eliminate brokerage bias altogether. Usually, bias occurs when brokers give financial advice to investors that in fact benefits themselves more than it benefits the investors.  Since there are no middle-men involved in online trading, this problem never arises.\u003Cbr \/\u003E\u003Ch3\u003E8. You enjoy more liquidity and leverage\u003C\/h3\u003EOnline trading has significantly increased market participation. There is now a greater abundance of traders than before that are willing to buy or sell a particular stock at a given price. As a result, bid and ask spreads have become tighter. The process of entering or exiting an open position has also become more streamlined.\u003Cbr \/\u003E\u003Cbr \/\u003EOnline trading has also increased the availability of financial leverage. Forex brokerage firms let their clients open positions with upwards of 100:1 leverage on their account balance. This has increased traders’ opportunities of making larger returns.\u003Cbr \/\u003E\u003Ch2\u003EWatch out for the disadvantages, too\u003C\/h2\u003EWithout a doubt, online trading offers investors great potential, but it has some disadvantages, too. It provides you access to a plethora of markets and usually increases your leverage, too. Inexperienced investors might not be able to keep proper checks and balances on their emotional state while making near-instant online trades, so there is a greater chance for fear and greed to affect the outcome of their actions.\u003Cbr \/\u003E\u003Cbr \/\u003ESpikes in pricing have grown in frequency and magnitude due to the increase in trading volume and active market participation caused by an influx of online traders. New investors are rapidly entering the market, which has led to higher market volatility. With unpredictable market movements and price swings, you could lose your entire investment because of a single bad move.\u003Cbr \/\u003E\u003Ch3\u003EThe bottom line\u003C\/h3\u003EOnline trading is extremely convenient. You can invest in equities, forex,\u003Ca href=\"https:\/\/www.bernstein-bank.com\/markets\/cfd-trading\/\" target=\"_blank\"\u003E CFD trading\u003C\/a\u003E or any other type of market you like. To get started, you simply need to open a trading account and you’re good to go. You don’t even need to make a particularly large investment to get started, either. The list of benefits mentioned above make online trading a very attractive option. However, there are two sides to each coin. To succeed at online trading, you have to watch out for common pitfalls and unexpected changes, stick to your trading plan, and base your decisions on thorough research.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E\u003Cspan style=\"color: #b45f06;\"\u003EAuthored by Harry Miller,\u003C\/span\u003E\u003C\/b\u003E a Relationship coach, Content specialist and Blogger.\u003Cbr \/\u003E\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"https:\/\/2.bp.blogspot.com\/-zDDsQiBhJZc\/XEO-ZudjNgI\/AAAAAAAABqQ\/9jgqXSyJ4EQl8eQoInLWa0Dz9t-bxTIgwCLcBGAs\/s1600\/Harry%2BMiller%2B%2528Headshot%2529.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg alt=\"Harry Miller guest author\" border=\"0\" data-original-height=\"596\" data-original-width=\"596\" height=\"320\" src=\"https:\/\/2.bp.blogspot.com\/-zDDsQiBhJZc\/XEO-ZudjNgI\/AAAAAAAABqQ\/9jgqXSyJ4EQl8eQoInLWa0Dz9t-bxTIgwCLcBGAs\/s320\/Harry%2BMiller%2B%2528Headshot%2529.jpg\" title=\"Harry Miller guest author\" width=\"320\" \/\u003E\u003C\/a\u003E\u003C\/div\u003EHe write for https:\/\/www.bernstein-bank.com\/ and try to present his critical take on the latest socio-cultural trends that dominate the blogosphere. He live in Brazoria, TX. His relationship status is single."},"link":[{"rel":"edit","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/9172760411310631901"},{"rel":"self","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/9172760411310631901"},{"rel":"alternate","type":"text/html","href":"https:\/\/www.comfortskillz.com\/2019\/01\/online-trading-financial-benefits.html","title":"Best 8 Financial Benefits of Online Trading"}],"author":[{"name":{"$t":"Safe Milli"},"uri":{"$t":"http:\/\/www.blogger.com\/profile\/04028366527936313269"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/4.bp.blogspot.com\/-83_5eJw2v7s\/XFi9zHldzxI\/AAAAAAAACFI\/fj1MRnf65TAaJeLyAYRjBDKw98eR57L7ACK4BGAYYCw\/s113\/small-scale-business.jpeg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/2.bp.blogspot.com\/-q1m4wA0Frao\/XEPBNSdUf7I\/AAAAAAAABq0\/1nYWskD6Vyw6ddLQovlWXMMGtSiL7121ACEwYBhgL\/s72-c\/Benefits-Online-Trading.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-3719497256808261486.post-4223050288123683090"},"published":{"$t":"2019-01-14T20:56:00.000-08:00"},"updated":{"$t":"2020-04-27T03:36:37.281-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Entrepreneurship"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Finance"}],"title":{"type":"text","$t":"7 Expansion Tips Every Small Business Owner Needs To Know"},"content":{"type":"html","$t":"\u003Cdiv dir=\"ltr\" style=\"text-align: left;\" trbidi=\"on\"\u003E\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"https:\/\/3.bp.blogspot.com\/-PDNpcXBzbIY\/XD1iXbtPSOI\/AAAAAAAABd8\/r10CwhAueEI6VZCgLzuUKgK0nXKaEstywCLcBGAs\/s1600\/business-expansion-strategies.png\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg alt=\"How to expand small business fast\" border=\"0\" data-original-height=\"426\" data-original-width=\"640\" height=\"213\" src=\"https:\/\/3.bp.blogspot.com\/-PDNpcXBzbIY\/XD1iXbtPSOI\/AAAAAAAABd8\/r10CwhAueEI6VZCgLzuUKgK0nXKaEstywCLcBGAs\/s320\/business-expansion-strategies.png\" title=\"Small Business expansion strategies\" width=\"320\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cbr \/\u003EEvery entrepreneur dreams of expanding their business in the future. However, such a vision is easier said than done. One needs to be patient and determined while exerting every possible effort to achieve their goals. One will also need to take advantage of all possible resources and strategies to reach the top.\u003Cbr \/\u003E\u003Ch4\u003EGood Read: \u003Ca href=\"https:\/\/www.forbes.com\/sites\/mikekappel\/2017\/09\/06\/5-ways-to-tell-if-you-are-ready-to-grow-your-business\/#123f503253f8\" target=\"_blank\"\u003E5 Ways To Tell If You Are Ready To Grow Your Business\u003C\/a\u003E.\u003C\/h4\u003EFor small business owners, taking their business to the next level can be tricky. It can be hard, but never impossible. Here are 7 expansion tips every small business owner needs to know.\u003Cbr \/\u003E\u003Ch3\u003EConduct Market and Competitor Research\u003C\/h3\u003EJust because you already have targeted customers and is making conversions doesn't mean your current marketing strategies are good enough for a bigger market. What your current tactics are may or may not work to generate your projected revenue. It would be best to do your research, check what your competitors are doing and which strategies are successful for them. If you can apply it to your tactics, then formulate goals and include them in your plan.\u003Cbr \/\u003E\u003Ch3\u003EAnalyse Finances\u003C\/h3\u003EYou'll definitely need funds to make the expansion possible. Since you'll need a bigger budget for materials, new employees and possibly a new or bigger location, you need to check how much you need to start executing your plans. Would it be best to use your own money or revenue? Or would you need to apply for a financial program to assist you in your expansion?\u003Cbr \/\u003E\u003Ch3\u003EDiversify Goods and Services\u003C\/h3\u003EIf you've been selling the same products or have been offering the same services for quite some time, then it's time to step up the notch and provide something new. Create a new product or offer new services that your clients will find appealing. You can also choose to tweak your existing offers to attract both current and new clients.\u003Cbr \/\u003E\u003Ch3\u003EOpen Up a New Location\u003C\/h3\u003E\u003Cdiv\u003EIf you're seriously considering physical expansion, then it is important to note that you'll need careful planning and research before you open up a new site.\u0026nbsp;\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003EYou can use mapping tools like Maptive to help you gain greater insight.\u0026nbsp; For example, by using their \u003Ca href=\"https:\/\/www.maptive.com\/feature\/heat-mapping-tool\/\" target=\"_blank\"\u003Eheat map tool\u003C\/a\u003E, you'll be able to scout a good and safe location where the market is not yet saturated. Note that you also need to find new appliances and furniture for your store or get yourself a reliable \u003Ca href=\"https:\/\/www.emmanueltransport.com.au\/\" target=\"_blank\"\u003ERemovalists in Perth\u003C\/a\u003E. Only expert movers have insurance and can help move your stuff safely and professionally at an affordable price.\u003C\/div\u003E\u003Ch4\u003EGood Read: \u003Ca href=\"https:\/\/www.comfortskillz.com\/2018\/12\/marketing-research-all-you-need-to-know.html\" target=\"_blank\"\u003E12 Issues to Consider When Searching for Business Location\u003C\/a\u003E.\u003C\/h4\u003E\u003Ch3\u003EWork with Other Business\u003C\/h3\u003EWhen expanding your business, you'll probably need to work with more businesses other than your current partners. For example, you'll need to find good Removalists in Perth when moving, new suppliers to accommodate your larger demands, outsource your customer support to better cater to your client’s needs.\u003Cbr \/\u003E\u003Ch3\u003ETake Advantage of Modern Technology\u003C\/h3\u003ETo keep up with the game, you might need to use advanced technology to achieve your goals. Technological innovations are an excellent investment as these can help you accomplish tasks efficiently at a faster rate. With the right type of technology for your business, you can compete with your competitors and even outrun them on the race.\u003Cbr \/\u003E\u003Ch3\u003EBe Active Online\u003C\/h3\u003EDigital marketing can help with brand recognition, introduce products, reach out to your target audience with ease and boost your sales. By building a website, creating social media pages and optimising your internet marketing efforts, you can grow your business and become successful.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/4223050288123683090"},{"rel":"self","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/4223050288123683090"},{"rel":"alternate","type":"text/html","href":"https:\/\/www.comfortskillz.com\/2019\/01\/expansion-tips-for-small-business.html","title":"7 Expansion Tips Every Small Business Owner Needs To Know"}],"author":[{"name":{"$t":"Barnabas Eigege"},"uri":{"$t":"http:\/\/www.blogger.com\/profile\/17106678519661107217"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"22","height":"32","src":"\/\/4.bp.blogspot.com\/-B8K1lfshcYE\/X1VSRGrUDwI\/AAAAAAAABew\/SHfz7gD-6CMNkKOU2X1PG6ATyD48gHHcQCK4BGAYYCw\/s113\/64929080_2117142978408264_2167119027296534528_o.jpg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/3.bp.blogspot.com\/-PDNpcXBzbIY\/XD1iXbtPSOI\/AAAAAAAABd8\/r10CwhAueEI6VZCgLzuUKgK0nXKaEstywCLcBGAs\/s72-c\/business-expansion-strategies.png","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-3719497256808261486.post-6531523226605337187"},"published":{"$t":"2018-12-10T10:35:00.001-08:00"},"updated":{"$t":"2019-02-28T04:03:36.364-08:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Business Management"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Entrepreneurship"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Featured"}],"title":{"type":"text","$t":"Marketing Research: All You Need to Know For a Successful Business Startup in 2019"},"content":{"type":"html","$t":"\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"https:\/\/4.bp.blogspot.com\/-f88u_5gOvIQ\/XA6t-SowZuI\/AAAAAAAABRY\/QYX3nM4LcscSD0FLvA00ShwSYOcP0m8jACLcBGAs\/s1600\/Marketing-Research.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg alt=\"Marketing Research \" border=\"0\" data-original-height=\"360\" data-original-width=\"640\" height=\"180\" src=\"https:\/\/4.bp.blogspot.com\/-f88u_5gOvIQ\/XA6t-SowZuI\/AAAAAAAABRY\/QYX3nM4LcscSD0FLvA00ShwSYOcP0m8jACLcBGAs\/s320\/Marketing-Research.jpg\" title=\"Complete Guide to Marketing research \" width=\"320\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cbr \/\u003EDo you really want to set up a successful business venture? If yes then relevant Marketing research is needed for good decision to be made in your business plan.\u003Cbr \/\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003EAs an entrepreneur or a businessman, you need to find out or know how your target market responds to your marketing mix - product, price, promotion and place (distribution).\u003C\/div\u003E\u003Cdiv\u003E\u003Ch3\u003EWhat is Marking research?\u003C\/h3\u003E\u003C\/div\u003E\u003Cdiv\u003EMarketing research is the process of identifying the information to try to determine what it tells you about the customers, competitors, or market that you are in, and then doing something in your business based on that information.\u003Cbr \/\u003E\u003Cbr \/\u003EIn order words, “Marketing research is the collecting, analyzing, and interpreting marketing information pertaining to the customers, and competitors.”\u003C\/div\u003E\u003Cdiv\u003E\u003Ch3\u003EWhy you need Marketing research:\u003C\/h3\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cb\u003E-\u003C\/b\u003ETo know whether your target markets like your product or not.\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cb\u003E-\u003C\/b\u003ETo know whether your customers are comfortable with the price of your products.\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cb\u003E-\u003C\/b\u003ETo uncover insights into your marketplace to know whether both existing and new customers (buyers) are aware of the existence of your products.\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cb\u003E-\u003C\/b\u003ETo know whether they can get your products where and when they want them.\u003Cbr \/\u003E\u003Cbr \/\u003EThese are some of the reasons why you need to conduct a relevant marketing research for your target market.\u003Cbr \/\u003E\u003Cbr \/\u003EApart from the information about your target market, you also need information about your competitors - their products, price, strategies, and generally how they react to your own marking mix.\u003Cbr \/\u003E\u003Ch4\u003ECheck out the best \u003Ca href=\"https:\/\/www.websolutionwinner.com\/\" target=\"_blank\"\u003EWeb Solution Winner USA\u003C\/a\u003E\u003C\/h4\u003EYou also need information about the environment in which you operate your business so that you will know how to cope with environmental factors. That's why market research is so important for a start-up business.\u003Cbr \/\u003E\u003Cbr \/\u003EAll these information do not just come without searching for them. You have to go for them through what is called marketing research.\u003Cbr \/\u003E\u003Cbr \/\u003EThat being said, Marketing research is extremely important for companies looking for a process to uncover insights into their marketplace.\u003Cbr \/\u003E\u003Cbr \/\u003EFor effective marketing research to be conducted, the following steps should be followed:\u003Cbr \/\u003E\u003Col\u003E\u003Cli\u003EIdentify precisely the information that you need in order to make the correct decision. This is the first step in marketing research. All you need to do is to clearly identify the problem and the information that is required to solve that problem. Be careful not to mistake a symptom for the true problem. For example, a reduction in sales volumes is not a problem, rather it's a symptom. So many factors may be responsible. Is there new competition?\u0026nbsp; Are the salesmen impolite or unknowledgeable? Have customers tastes changed? Do customers have difficulty in finding what they want? Answering these questions will definitely assist you in indefying the problem and the exact information that you need to skyrocket your business.\u003C\/li\u003E\u003Cli\u003E\u003Cb\u003EFind out what information already available that you can use:\u003C\/b\u003E\u003Cspan style=\"font-weight: normal;\"\u003E Once you decided on what information you need, the next step is to find out what information is already available for you to use. We're referring to secondary data or information. You can get it from within or outside your business.\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cb\u003EDetermine what if you will have to get on your own:\u003C\/b\u003E Every effort should be made to collect all the secondary information or data that is a but if it's not enough or not the right information, you will have to get information on your own. This is called primary information or data. You can get primary information or data through observation, interviews, mail survey, and focus groups studies.\u003C\/li\u003E\u003Cli\u003E\u003Cb\u003EOrganize, summarise, and interpret the information or data collected or generated:\u003C\/b\u003E Here, you are to collate, analyze and interpret the information that you have gathered. You can use tables, chats, and other visual aids to make it easier to see and understand what the information is all about.\u003C\/li\u003E\u003Cli\u003E\u003Cb\u003EMake a decision based on your information:\u003C\/b\u003E Many businessmen make decisions based on what they feel or think alone. That's not too good. You have to make decisions based on the information available from your marketing research. Be careful so that you use the information to make decisions regarding operational aspects of your business, such as products offered, prices set, location of the business, message to use in advertising and the like.\u003C\/li\u003E\u003C\/ol\u003E\u003Ch3\u003E\u003C\/h3\u003E\u003Cdiv\u003E\u003Ch3\u003EConclusion\u003C\/h3\u003EConducting marketing research is extremely important in any form of business whether you have all the information or data available. By doing a relevant research you will likely uncover new opportunities and messaging tips to help improve your interactions.\u003C\/div\u003E\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/6531523226605337187"},{"rel":"self","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/6531523226605337187"},{"rel":"alternate","type":"text/html","href":"https:\/\/www.comfortskillz.com\/2018\/12\/marketing-research-all-you-need-to-know.html","title":"Marketing Research: All You Need to Know For a Successful Business Startup in 2019"}],"author":[{"name":{"$t":"Safe Milli"},"uri":{"$t":"http:\/\/www.blogger.com\/profile\/04028366527936313269"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/4.bp.blogspot.com\/-83_5eJw2v7s\/XFi9zHldzxI\/AAAAAAAACFI\/fj1MRnf65TAaJeLyAYRjBDKw98eR57L7ACK4BGAYYCw\/s113\/small-scale-business.jpeg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/4.bp.blogspot.com\/-f88u_5gOvIQ\/XA6t-SowZuI\/AAAAAAAABRY\/QYX3nM4LcscSD0FLvA00ShwSYOcP0m8jACLcBGAs\/s72-c\/Marketing-Research.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-3719497256808261486.post-6246465505634158916"},"published":{"$t":"2018-05-30T08:11:00.001-07:00"},"updated":{"$t":"2018-08-10T03:16:09.104-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Entrepreneurship"}],"title":{"type":"text","$t":"5 Major Roles Of Entrepreneurs In The Society"},"content":{"type":"html","$t":"\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"https:\/\/4.bp.blogspot.com\/-_B3SFNsxb-A\/Ww6-Po8D7cI\/AAAAAAAAAb0\/3gswyzOtC20v_VFcJmLqXBCKwVFQO6PkQCLcBGAs\/s1600\/role-of-entrepreneur.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg alt=\"Role of entrepreneur \" border=\"0\" data-original-height=\"360\" data-original-width=\"540\" height=\"213\" src=\"https:\/\/4.bp.blogspot.com\/-_B3SFNsxb-A\/Ww6-Po8D7cI\/AAAAAAAAAb0\/3gswyzOtC20v_VFcJmLqXBCKwVFQO6PkQCLcBGAs\/s320\/role-of-entrepreneur.jpg\" title=\"5 major roles of entrepreneurs in the society\" width=\"320\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cbr \/\u003EYou are about to read the 5 major \u003Cb\u003Erole of entrepreneur\u003C\/b\u003E and their impacts on society. No doubt, entrepreneurship is the hub in the wheel of developmental process of any country. This is why governments at various levels are contributing towards the promotion of entrepreneurship in their society.\u003Cbr \/\u003E\u003Cbr \/\u003EThis well-detailed post has been written on the role of entrepreneur in the society and has been compiled to help you understand\u0026nbsp; the role of entrepreneur easily and fast. Although, there are five (5) basic ways through which the society feel the impact of entrepreneurs. Check it out! 👇\u003Cbr \/\u003E\u003Cscript async=\"\" src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"\u003E\u003C\/script\u003E \u003Cins class=\"adsbygoogle\" data-ad-client=\"ca-pub-9363550183501668\" data-ad-format=\"fluid\" data-ad-layout=\"in-article\" data-ad-slot=\"3247454991\" style=\"display: block; text-align: center;\"\u003E\u003C\/ins\u003E\u003Cscript\u003E     (adsbygoogle = window.adsbygoogle || []).push({}); \u003C\/script\u003E \u003Cb\u003E5 Roles of Entrepreneurs in The society\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E1. SPONSORSHIP\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EMost business people sponsor at least one candidate for higher education, especially a child in an orphanage. In short, many orphanage homes are backed up by these business people. The scholarship is given to a poor student for him or her to make available better educational opportunities.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E2. DONATIONS\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EHere is one of the reasons why entrepreneurs are so important to society. Let's look at this aspect, a businessman or woman may decide to donate car or a lot of money for charity purposes. From their earnings, they would like to assist the less privileged and also improve their standard of living.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E3. ADVISERS TO RESPECTIVE GOVERNMENT\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EMore often than not, the government seeks the advice of successful citizens on some social and economic activities. Business is important for the growth \u0026amp; development of a nation. Thus, a successful business person is an asset to the society. He or she can contribute to the wellbeing of a society in diverse ways that improve the living conditions of the people.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E4. CHARITABLE INSTITUTIONS\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EA businessman or woman sets up various educational, medical, business related courses \u0026amp; vocational training institutions to provide the less privileged with benefits that they cannot afford. In some cases, the fees may be less or forgone in the case of a meritorious student. Even hospitals are also run by these charitable institutions. Entrepreneurs help in training and development of manpower needed by the society.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E5. WELFARE PROGRAMS\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EBusiness owners financially contribute to various welfare programs. Some of which include: helping the physically handicapped, orphans, widows e.t.c\u003Cbr \/\u003E\u003Cbr \/\u003EIn times of crisis, they help by donating items such as clothes, medicine, roof, cooking utensils and others.\u003Cbr \/\u003E\u003Cbr \/\u003EApart from their contributions to the economic growth and development of the economy, entrepreneurs also help in creating job opportunities for the teeming population of any country.\u003Cbr \/\u003E\u003Cbr \/\u003EThat's all. I have just explained all you need to know about the role of entrepreneur. Hopefully, you found it valuable and will no longer ask questions like: “what is the role of an entrepreneur”, “what is the role of entrepreneur in business or economy”."},"link":[{"rel":"edit","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/6246465505634158916"},{"rel":"self","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/6246465505634158916"},{"rel":"alternate","type":"text/html","href":"https:\/\/www.comfortskillz.com\/2018\/05\/role-of-entrepreneur-in-society.html","title":"5 Major Roles Of Entrepreneurs In The Society"}],"author":[{"name":{"$t":"Safe Milli"},"uri":{"$t":"http:\/\/www.blogger.com\/profile\/04028366527936313269"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/4.bp.blogspot.com\/-83_5eJw2v7s\/XFi9zHldzxI\/AAAAAAAACFI\/fj1MRnf65TAaJeLyAYRjBDKw98eR57L7ACK4BGAYYCw\/s113\/small-scale-business.jpeg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/4.bp.blogspot.com\/-_B3SFNsxb-A\/Ww6-Po8D7cI\/AAAAAAAAAb0\/3gswyzOtC20v_VFcJmLqXBCKwVFQO6PkQCLcBGAs\/s72-c\/role-of-entrepreneur.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-3719497256808261486.post-951443661304824997"},"published":{"$t":"2018-05-12T06:19:00.001-07:00"},"updated":{"$t":"2018-06-28T04:19:10.344-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Business Ideas"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Entrepreneurship"}],"title":{"type":"text","$t":"11 Simple Steps To An Effective Business planning Strategies"},"content":{"type":"html","$t":"\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"https:\/\/3.bp.blogspot.com\/-H3dji6y9RPg\/WvbmHql614I\/AAAAAAAAAZ4\/jJ1a6pEddys0tKwbSdc_EpX-LhFS7-DVgCLcBGAs\/s1600\/business-plan-examples.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg alt=\"Business plan examples \" border=\"0\" data-original-height=\"743\" data-original-width=\"1600\" height=\"148\" src=\"https:\/\/3.bp.blogspot.com\/-H3dji6y9RPg\/WvbmHql614I\/AAAAAAAAAZ4\/jJ1a6pEddys0tKwbSdc_EpX-LhFS7-DVgCLcBGAs\/s320\/business-plan-examples.jpg\" title=\"Business plan examples\" width=\"320\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cbr \/\u003EA well-written business plan can help maximize potentials and minimize overheads, liabilities, and risks associated with any proposed business venture. It also shows exactly what \u003Ca href=\"http:\/\/www.naijasturf.com.ng\/2018\/05\/how-to-make-money-online-in-nigeria.html\"\u003Erevenues\u003C\/a\u003E are expected and when to expect them, what overheads and expenses will need to be paid and exactly when they will be due.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003EWhat Is Business plan and How Does It Work?\u0026nbsp;\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EA business plan is designed to plan in advance how a proposed business will be started, implemented and managed. In short, it is a working blueprint of the entire operation of the business. It contains all that the feasibility study has in addition to specific deadlines, detailed budgets with monthly and seasonal forecasts, letters of intent, resumes of staff, background, competition, strengths and weaknesses, worksheets and full notations, appendix and all related and required documents that will be referenced as the business is being developed.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cscript async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"\u003E\u003C\/script\u003E\u003Cins class=\"adsbygoogle\"      style=\"display:block; text-align:center;\"      data-ad-layout=\"in-article\"      data-ad-format=\"fluid\"      data-ad-client=\"ca-pub-9363550183501668\"      data-ad-slot=\"3247454991\"\u003E\u003C\/ins\u003E\u003Cscript\u003E     (adsbygoogle = window.adsbygoogle || []).push({}); \u003C\/script\u003E\u003Cb\u003EBest Studies To Writing a Good Business Plan\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EIn order to write a good business plan, here are some guidelines that can be of help:\u003Cbr \/\u003E\u003Cul\u003E\u003Cli\u003EKeep the plan short, focused and readable;\u003C\/li\u003E\u003Cli\u003EConsult as widely as possible;\u003C\/li\u003E\u003Cli\u003ESolicit help from appropriate sources such as accounts or bankers or management consultants;\u003C\/li\u003E\u003Cli\u003EPoint out the obvious benefits of the product or service;\u003C\/li\u003E\u003Cli\u003EAddress fully any possible bones of contention;\u003C\/li\u003E\u003Cli\u003EOutline the qualities and skills of the management team;\u003C\/li\u003E\u003Cli\u003EDo not make assumptions on behalf of the readers;\u003C\/li\u003E\u003Cli\u003EDo not be too optimistic in estimating income potential;\u003C\/li\u003E\u003Cli\u003EAvoid use of long words, technical jargons, or over complicated sentences;\u003C\/li\u003E\u003Cli\u003EHighlight critical risks and success factors peculiar to the business;\u003C\/li\u003E\u003Cli\u003EIdentify the target market;\u003C\/li\u003E\u003Cli\u003EKeep the plan written in the third person. Use “he”, “they”, or “them”, instead of “I”, “We”, and “Us”.\u003C\/li\u003E\u003C\/ul\u003E\u003Cdiv\u003E\u003Cb\u003E11 Simple And Well Detailed Steps In Writing A Business Plan (\u003Cspan style=\"color: red;\"\u003E2018\u003C\/span\u003E)\u003C\/b\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003EAs a general rule, a \u003Ca href=\"http:\/\/www.comfortskillz.com\/2018\/04\/benefits-of-teamwork-and-strategies.html\"\u003Ebusiness plan\u003C\/a\u003E should be about 25 to 30 pages, focusing strongly on the management and financial elements of the business. Note that the executive summary should not exceed two pages, normally, written last but appears first in the final plan. Below are the 11 easiest steps involved in writing a business plan:\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cb\u003E#1. Set The Context\u003C\/b\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003EHere, you are to describe the background of the business, product, or service and a brief history of the organization; who the customers are;\u0026nbsp; past performance of the organization (if the organization is an existing one); and any key factors that might dictate the success of the business.\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cb\u003E#2. Define Business Objectives\u003C\/b\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003EHere, you are to develop a list of short-term, medium-term and long-term objectives. Note that measurability and deadlines are very important.\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cb\u003E#3. Perform A Market Analysis\u003C\/b\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003EYou are to persuade or convince the reader or investor that the product or service will secure a substantial market. Your market analysis should include: a description of the overall market and the specific market targeted; detailed information on current and proposed customers; names of leading competitors, market share, and alternative products or services; and of course, market influences, which include economic trends, seasonal fluctuations, legislation and social factors. Your target market is and the changes that may affect the market.\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cb\u003E#4. Propose Your Approach to Marketing (The marketing plan)\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EHere, you are to describe your strategy and it should cover the following:\u003Cbr \/\u003E\u003Col\u003E\u003Cli\u003EThe image of the organization you wish to convey;\u003C\/li\u003E\u003Cli\u003EYour product positioning;\u003C\/li\u003E\u003Cli\u003EThe key features of the product that differentiate it from others;\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EThe four Ps of marketing.\u003C\/li\u003E\u003C\/ol\u003E\u003Cdiv\u003E\u003Cb\u003E#5. Describe Your Plans for Development and Production (The operations plan)\u003C\/b\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003EYou are to touch on all aspects of researching, developing, producing, and delivering your product or service. You to describe the research, development, and production processes with the expected cost of raw materials, labor, and plant and equipment. It should also include a contingency plan for possible scenarios that might disrupt your Operations.\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cb\u003E#6. Clarify The Current Financial Situation (The Financial plan)\u0026nbsp;\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EHere, you are to state exactly what is required of investors and lenders. The financial plan should contain data documenting of past, present, and projected performances, which should include startup costs, profit and loss statements (income statements), cash flow analysis, and balance sheets.\u003Cbr \/\u003E\u003Cbr \/\u003ERepayment of the principal plus the interest will be of key interest to investors and lenders, so include break-even projections. It is also important to demonstrate how sound financial control will be exercised over borrowed and incoming funds.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E#7. Demonstrate That The Management is Committed And Capable\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EYou are to convince investor and lenders of your strengths and skills. An organization chart that shows the management capabilities, as well as responsibilities, should be presented. If there are weaknesses, you to indicate how you propose to deal with them.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E#8. Describe The Ownership Of The Organisation\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EAn investor or lender will need to know the owners of the structure of the organization, whether it a sole proprietorship, a partnership or a limited liability company. You are to show how much investment has been made and by whom.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E#9. Discuss Critical Success And Risk Factor\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EYou are to present critical risks and problems. Do not omit actual and potentially negative factors. Also, provide a self-account of critical success factors.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E#10. Conclude On A Positive Note\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EYou are to summarise the key features such as strategic directions, strengths and unique benefits, realistic projected sales and returns. Also, include a proposed timetable of events to demonstrate sound planning. In conclusion, write a strong conclusion that leaves the reader with a positive and lasting impression.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E#11. Provide An Executive Summary\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EAn executive summary is usually written last but it appears first in the final plan. It should include the unique features of product or service; the short-term, medium-term and long-term objectives of the organization; the benefits that the product or service offer to the target market; the qualities and skills of the people who will make things happen; a financial statement of assets, sales, and profit expectations and how much capital is required; and as a conclusion, a statement of return for the investors.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003EFormat Of A Typical Business Plan\u0026nbsp;\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EFind below the format for writing a good business plan (business plan examples):\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E#Title Page\u0026nbsp;\u003C\/b\u003E\u003Cbr \/\u003E\u003Cb\u003E\u003Cbr \/\u003E\u003C\/b\u003E\u003Cb\u003E#Table of contents\u0026nbsp;\u003C\/b\u003E\u003Cbr \/\u003E\u003Cb\u003E\u003Cbr \/\u003E\u003C\/b\u003E\u003Cb\u003E#Executive summary: Usually written last\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E#Business Description\u0026nbsp;\u003C\/b\u003E\u003Cbr \/\u003E• General background\u003Cbr \/\u003E• Mission\u003Cbr \/\u003E• Key success factors\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E#Marketing Plan\u0026nbsp;\u003C\/b\u003E\u003Cbr \/\u003E• Marketing research and analysis\u003Cbr \/\u003E• Target market\u003Cbr \/\u003E• Market size and potential market share\u003Cbr \/\u003E• Competition\u003Cbr \/\u003E• Marketing strategy\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E#Management Plan\u003C\/b\u003E\u003Cbr \/\u003E• Management team - Key personnel\u003Cbr \/\u003E• Ownership\/organization structure\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E#Location\u0026nbsp;\u003C\/b\u003E\u003Cbr \/\u003E\u003Cb\u003E#Operation plan\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E#Financial Plan\u003C\/b\u003E\u003Cbr \/\u003E• Financial forecasting\u003Cbr \/\u003E• Profit and loss\u003Cbr \/\u003E• Cash flow\u003Cbr \/\u003E• Break-even analysis\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003E#Financial risks and success factors\u0026nbsp;\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003ENow you know how to easily write a great business plan step by step without sweat and move your business from zero to hero.\u003Cbr \/\u003E\u003Cbr \/\u003EShare it with friends on Social Media and have a great time. If you have questions, feel free to drop.\u003C\/div\u003E\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/951443661304824997"},{"rel":"self","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/951443661304824997"},{"rel":"alternate","type":"text/html","href":"https:\/\/www.comfortskillz.com\/2018\/05\/business-plan-complete-guide.html","title":"11 Simple Steps To An Effective Business planning Strategies"}],"author":[{"name":{"$t":"Safe Milli"},"uri":{"$t":"http:\/\/www.blogger.com\/profile\/04028366527936313269"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/4.bp.blogspot.com\/-83_5eJw2v7s\/XFi9zHldzxI\/AAAAAAAACFI\/fj1MRnf65TAaJeLyAYRjBDKw98eR57L7ACK4BGAYYCw\/s113\/small-scale-business.jpeg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/3.bp.blogspot.com\/-H3dji6y9RPg\/WvbmHql614I\/AAAAAAAAAZ4\/jJ1a6pEddys0tKwbSdc_EpX-LhFS7-DVgCLcBGAs\/s72-c\/business-plan-examples.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-3719497256808261486.post-5507100813832635893"},"published":{"$t":"2018-05-07T13:34:00.001-07:00"},"updated":{"$t":"2019-04-03T05:37:06.770-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Entrepreneurship"}],"title":{"type":"text","$t":"Short Story: The Truth About Shopping Habits [Must Read]"},"content":{"type":"html","$t":"\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"https:\/\/3.bp.blogspot.com\/-uKrW7oejNsw\/WvC35Kyo7QI\/AAAAAAAAAZA\/LTbe1T64Za8Z9B0xAUmCbsVAHFMcXX1YgCLcBGAs\/s1600\/shopping-habits.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg alt=\"Shopping habits\" border=\"0\" data-original-height=\"834\" data-original-width=\"960\" height=\"278\" src=\"https:\/\/3.bp.blogspot.com\/-uKrW7oejNsw\/WvC35Kyo7QI\/AAAAAAAAAZA\/LTbe1T64Za8Z9B0xAUmCbsVAHFMcXX1YgCLcBGAs\/s320\/shopping-habits.jpg\" title=\"Online shopping habits\" width=\"320\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cbr \/\u003EOver time, ethics, and culture in \u003Cb\u003Eshopping habits\u003C\/b\u003E have kept on increasing with respect to society and the economy. In some developing countries, due to the absence of efficient credit and insurance markets, savings are a crucial determinant of an entrepreneurial growth. Despite the many benefits accrued to savings, some entrepreneurs have been considered not to save enough because of their shopping habits.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cscript async=\"\" src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"\u003E\u003C\/script\u003E \u003Cbr \/\u003E\u003Cins class=\"adsbygoogle\" data-ad-client=\"ca-pub-9363550183501668\" data-ad-format=\"fluid\" data-ad-layout=\"in-article\" data-ad-slot=\"3247454991\" style=\"display: block; text-align: center;\"\u003E\u003C\/ins\u003E\u003Cscript\u003E     (adsbygoogle = window.adsbygoogle || []).push({}); \u003C\/script\u003EMany entrepreneurs often do not seem to understand how or why they should save and this is particularly the case of small-scale entrepreneurs in society.\u003Cbr \/\u003E\u003Cbr \/\u003EA greater amount of them have no savings at all. Those of them that save maintain only short-term thrift collection which can only be used to finance day to day needs. It is pertinent to mention that poverty does explain the shopping habit among the small income group.\u003Cbr \/\u003E\u003Cbr \/\u003EThe explanation lies in the lack of financial education in the society as a whole reinforced by inadequate incentives to save.\u003Cbr \/\u003E\u003Cbr \/\u003EGiven the many benefits (both to the individual and to society as a whole) that savings can bring, there must be serious reasons why people do not save enough rather they use whatever they have for shopping (buying liabilities more than assets).\u003Cbr \/\u003E\u003Cbr \/\u003EThe following are some of the factors that may be responsible for shopping rather than saving.\u003Cbr \/\u003E\u003Cbr \/\u003E#1 - Many people feel that the risks and difficulties of saving outweigh the risks and difficulties of not saving, therefore, they use their income on shopping.\u003Cbr \/\u003E\u003Cbr \/\u003E#2 - People often do not seem to understand how and why they should save when their income barely solves their immediate problem.\u003Cbr \/\u003E\u003Cbr \/\u003E#3 - Lack of confidence in financial institutions. The distress in the financial sector has discouraged most of the entrepreneurs from saving so they spend most of their income on shopping.\u003Cbr \/\u003E\u003Cbr \/\u003E#4 - High independence of poverty and how nominal disposal income because of the unfavorable economic environment characterized by high unemployment and inflation. In essence, the little income will be used for shopping.\u003Cbr \/\u003E\u003Cbr \/\u003E#5 - Most entrepreneurs do not even possess the necessary identification requirement to open an account. This encourages shopping.\u003Cbr \/\u003E\u003Cbr \/\u003E#6 - the Considerable number of entrepreneurs find saving to be boring and difficult hence they do not want to pay for financial advice.\u003Cbr \/\u003E\u003Cbr \/\u003E“More than half of the consumers surveyed stated it was important to establish a personal relationship with a sales associate whether online or in-store.”\u003Cbr \/\u003E\u003Ch2\u003EFinal Thought About Online Shopping Habits\u003C\/h2\u003EI hope you have a good time reading the topic of\u0026nbsp;\u003Cb\u003EConsumer shopping habits\u003C\/b\u003E? Have a wonderful day ahead!"},"link":[{"rel":"edit","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/5507100813832635893"},{"rel":"self","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/5507100813832635893"},{"rel":"alternate","type":"text/html","href":"https:\/\/www.comfortskillz.com\/2018\/05\/shopping-habits.html","title":"Short Story: The Truth About Shopping Habits [Must Read]"}],"author":[{"name":{"$t":"Safe Milli"},"uri":{"$t":"http:\/\/www.blogger.com\/profile\/04028366527936313269"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/4.bp.blogspot.com\/-83_5eJw2v7s\/XFi9zHldzxI\/AAAAAAAACFI\/fj1MRnf65TAaJeLyAYRjBDKw98eR57L7ACK4BGAYYCw\/s113\/small-scale-business.jpeg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/3.bp.blogspot.com\/-uKrW7oejNsw\/WvC35Kyo7QI\/AAAAAAAAAZA\/LTbe1T64Za8Z9B0xAUmCbsVAHFMcXX1YgCLcBGAs\/s72-c\/shopping-habits.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-3719497256808261486.post-7617933201084541912"},"published":{"$t":"2018-02-17T12:44:00.000-08:00"},"updated":{"$t":"2018-04-29T18:29:19.047-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Business Management"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Entrepreneurship"}],"title":{"type":"text","$t":"9 Amazing Business Growth Strategies Everyone Should Learn"},"content":{"type":"html","$t":"\u003Cb\u003EBusiness growth \u003C\/b\u003Eis an indication that a business is surviving and succeeding. Business growth is a function of many factors, such a function of\u0026nbsp;\u003Ca href=\"http:\/\/www.comfortskillz.com\/2018\/02\/business-risk-management-case-study.html\"\u003Emany management\u003C\/a\u003E.\u003Cbr \/\u003E\u003Cbr \/\u003EGrowth in business does not just happen; it is planned. All business, small or large, desire to grow.\u003Cbr \/\u003E\u003Cbr \/\u003EThat's why Entrepreneurs or small business owners employ different strategies in order to grow their business.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003EWhat is business growth?\u0026nbsp;\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003EBusiness Growth Definition: \u003C\/b\u003EWhen a business is growing, it means the business is achieving some measure of success. As mentioned above, business growth is an indication that a business is surviving.\u003Cbr \/\u003E\u003Cbr \/\u003EThe growth of any business could be in terms of increase in sales volume profits, productivity and size.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"https:\/\/1.bp.blogspot.com\/-8x23001zV0k\/WoiO5mDwqdI\/AAAAAAAAAFk\/Ra75mrVxuGwMCpghHelGlnUKJFXeRXSPgCLcBGAs\/s1600\/business-growth-strategies.png\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg alt=\"Business growth strategies \" border=\"0\" data-original-height=\"426\" data-original-width=\"640\" height=\"213\" src=\"https:\/\/1.bp.blogspot.com\/-8x23001zV0k\/WoiO5mDwqdI\/AAAAAAAAAFk\/Ra75mrVxuGwMCpghHelGlnUKJFXeRXSPgCLcBGAs\/s320\/business-growth-strategies.png\" title=\"Business growth \" width=\"320\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cbr \/\u003E\u003Cb\u003EReasons Why Businesses Needs To Grow\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EEntrepreneurial firms strive to grows using different types of business growth strategies for some of the following reasons:\u003Cbr \/\u003E\u003Col\u003E\u003Cli\u003E\u003Cb\u003EFor influence power and survivability: \u003C\/b\u003EEntrepreneurs grow their business in order to gain more power in the industry.\u003C\/li\u003E\u003Cli\u003E\u003Cb\u003ETo Employ and Retain Employees that are competent in doing their job: \u003C\/b\u003EA business needs to grow in order to be able to employ, manage, and retain its employees. It's when a business grows that it can provide such opportunity.\u003C\/li\u003E\u003Cli\u003ETo meet customer's wide spreed demand for the firms products or services.\u003C\/li\u003E\u003Cli\u003E\u003Cb\u003ETo be a market leader: \u003C\/b\u003EThey need to grow in the world of business is to attain the status. Entrepreneurs want to become market leaders.\u003C\/li\u003E\u003C\/ol\u003E\u003Cdiv\u003E\u003Cb\u003E\u003Cbr \/\u003E\u003C\/b\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cb\u003EInternal Business Growth Strategies\u0026nbsp;\u003C\/b\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003EBusiness owners adopt different strategies to grow. Internal business growth strategies are moves or action geared towards the growth of any firm within the business itself.\u003C\/div\u003E\u003Cdiv\u003E(1) Product development strategy\u003C\/div\u003E\u003Cdiv\u003E(2) Penetration strategy\u0026nbsp;\u003C\/div\u003E\u003Cdiv\u003E(3) Market development strategy\u0026nbsp;\u003C\/div\u003E\u003Cdiv\u003E(4) Diversification strategy\u0026nbsp;\u003C\/div\u003E\u003Cdiv\u003E(5) Going International\u0026nbsp;\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cb\u003EExternal Business Growth Strategies: \u003C\/b\u003EThis involves establishing relationships with their parties.\u0026nbsp;\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003EExamples of external business growth strategies include:\u003C\/div\u003E\u003Cdiv\u003E\u003Col\u003E\u003Cli\u003ELicensing\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EFranchising\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EMergers and acquisitions\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EStrategic alliances and joint ventures.\u003C\/li\u003E\u003C\/ol\u003E\u003Cb\u003E\u003C\/b\u003E\u003Cbr \/\u003E\u003Cdiv\u003E\u003Cb\u003E\u003Cb\u003E\u003Cbr \/\u003E\u003C\/b\u003E\u003C\/b\u003E\u003Cb\u003E\u003Cb\u003EHow To Manage A Business Growth\u003C\/b\u003E\u003C\/b\u003E\u003C\/div\u003E\u003Cb\u003E\u003C\/b\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003EWhen a business grows, it needs also increase. Additional equipment to handle increased the workload might be required and existing personal might need to be trained.\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003EAlso, it might require additional capital to meet its increased financial obligations.\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003EAnother location might be needed as the current location might not be enough to accommodate increased businesses activities. All these must be looked into.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003EWrap Up:\u003C\/b\u003E\u003Cbr \/\u003EThese are the ways you can focus your time on \u003Cb\u003Ebusiness growth strategies\u003C\/b\u003E to boost your productivity, and get 10x results from your marketing and that's why I called this an “X-rays into the world of business growth”.\u003Cbr \/\u003E\u003Cbr \/\u003EIf you have any questions, opinion, regarding this topic or any online business ideas for beginners, please kindly drop your comment via the comment box below. Do have a pleasant day!\u0026nbsp;\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/7617933201084541912"},{"rel":"self","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/7617933201084541912"},{"rel":"alternate","type":"text/html","href":"https:\/\/www.comfortskillz.com\/2018\/02\/an-x-rays-into-world-of-business-growth.html","title":"9 Amazing Business Growth Strategies Everyone Should Learn"}],"author":[{"name":{"$t":"Safe Milli"},"uri":{"$t":"http:\/\/www.blogger.com\/profile\/04028366527936313269"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/4.bp.blogspot.com\/-83_5eJw2v7s\/XFi9zHldzxI\/AAAAAAAACFI\/fj1MRnf65TAaJeLyAYRjBDKw98eR57L7ACK4BGAYYCw\/s113\/small-scale-business.jpeg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-8x23001zV0k\/WoiO5mDwqdI\/AAAAAAAAAFk\/Ra75mrVxuGwMCpghHelGlnUKJFXeRXSPgCLcBGAs\/s72-c\/business-growth-strategies.png","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-3719497256808261486.post-2389674638526278458"},"published":{"$t":"2018-02-02T08:47:00.000-08:00"},"updated":{"$t":"2019-01-08T08:54:15.217-08:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Business Ideas"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Entrepreneurship"}],"title":{"type":"text","$t":"The top 5 Causes of Entrepreneur Failure, (And Remedies)"},"content":{"type":"html","$t":"In order to lay a solid foundation for your\u0026nbsp;\u003Ca href=\"http:\/\/www.comfortskillz.com\/2018\/01\/best-small-scale-business-2018.html\"\u003Ebusiness\u003C\/a\u003E and get the best possible interest rate, we HIGHLY recommend you look at these top 5 \u003Cb\u003Ecauses of entrepreneur failure\u003C\/b\u003E.\u003Cbr \/\u003E\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"https:\/\/1.bp.blogspot.com\/-7QAl9pocyYk\/WnSKZCiWRCI\/AAAAAAAAADk\/a24tah8qtc8RCXdPCiQwvj-W50RP41i6gCLcBGAs\/s1600\/business-failure.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg alt=\"Young entrepreneur growth\" border=\"0\" data-original-height=\"424\" data-original-width=\"640\" height=\"212\" src=\"https:\/\/1.bp.blogspot.com\/-7QAl9pocyYk\/WnSKZCiWRCI\/AAAAAAAAADk\/a24tah8qtc8RCXdPCiQwvj-W50RP41i6gCLcBGAs\/s320\/business-failure.jpg\" title=\"Why entrepreneurs fails\" width=\"320\" \/\u003E\u003C\/a\u003E\u003C\/div\u003EAt the end of this post, you would be able to understand entrepreneurial success and failure reasons and remedies.\u003Cbr \/\u003E\u003Cbr \/\u003EBut before then, here are some of the biggest causes of entrepreneurial failure among young entrepreneurs: \u003Cbr \/\u003E\u003Col\u003E\u003Cli\u003EWeak personality.\u003C\/li\u003E\u003Cli\u003ELoner syndrome.\u003C\/li\u003E\u003Cli\u003EToo little financial backing.\u003C\/li\u003E\u003Cli\u003ENo plans.\u003C\/li\u003E\u003Cli\u003EVague business.\u003C\/li\u003E\u003C\/ol\u003EThe above-mentioned things are the main causes of entrepreneur failure but;\u003Cbr \/\u003E\u003Cbr \/\u003EAs a young entrepreneur, you have to know that\u0026nbsp;\u003Ca href=\"http:\/\/www.comfortskillz.com\/2018\/01\/business-name-registration-ideas.html\"\u003Ebusiness opportunity\u003C\/a\u003E is an attracting investment idea that provides profit to the investor or the risk bearer.\u003Cbr \/\u003E\u003Cbr \/\u003EEvery entrepreneur needs a good business opportunity in their day-to-day business activities in order to avoid business failure, most especially, mastering the above 5 killer factors that has been the causes of entrepreneurial failure.  \u003Cbr \/\u003E\u003Cul\u003E\u003Cli\u003ECustomer's need\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EProduct must be competitive\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EProfit\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EMeet objectives\u0026nbsp;\u003C\/li\u003E\u003C\/ul\u003EReasons for generating business ideas so as to do create a unique reputation for your business.  \u003Cbr \/\u003E\u003Ch3\u003EReasons\u003C\/h3\u003E\u003Cul\u003E\u003Cli\u003EIn order to stay ahead of competition\u003C\/li\u003E\u003Cli\u003ETo be in turn with latest technology\u0026nbsp;\u003C\/li\u003E\u003C\/ul\u003ESWOF analysis: SWOT stands for Strength, Weaknesses, Opportunity and Treat.   ‣ Strength are the entrepreneur strong hold.  ‣ Weakness implies short coming.  ‣ Opportunity are possible areas of exploration.  ‣ Treats are these things that are obstacle to the wheel of progress such as competitors.\u003Cbr \/\u003E\u003Ch3\u003EBusiness Plan\u0026nbsp;\u003C\/h3\u003EA business plan is a plan designed to translate business ideas into action.\u003Cbr \/\u003E\u003Cbr \/\u003EWhy you should write a business plan\u003Cbr \/\u003E\u003Col\u003E\u003Cli\u003EIt provide guidance\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EIt helps to focus ideas\u003C\/li\u003E\u003Cli\u003EIt helps you manage the business\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EIt is a strong communication tools\u003C\/li\u003E\u003Cli\u003EIt saves time\u0026nbsp;\u003C\/li\u003E\u003C\/ol\u003EAnd before writing a business plan, make sure you are familiar with the type of plan you want to write about. To make things easy for you, below are some of business plans of which you can choose any that suits your type of business. \u003Cbr \/\u003ETypes of plan that may be part of business opportunity: \u003Cbr \/\u003E\u003Col\u003E\u003Cli\u003EFinancial plan\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EMarketing Plan\u0026nbsp;\u003C\/li\u003E\u003Cli\u003ESales Plan\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EProduction planning\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EOperation plan.\u003C\/li\u003E\u003C\/ol\u003E\u003Ch3\u003EThe model of business plan\u0026nbsp;\u003C\/h3\u003EWe start writing a business plan after we have decided to start or go into business such as: \u003Cbr \/\u003E\u003Cdiv\u003E\u003Col\u003E\u003Cli\u003EObtaining all the necessary information.\u003C\/li\u003E\u003Cli\u003EMaking decisions in each question.\u003C\/li\u003E\u003Cli\u003EDetermining what further information needed to be gathered to answer all the questions.\u003C\/li\u003E\u003C\/ol\u003E\u003Ch3\u003EHow To Organize A Business Plan\u003C\/h3\u003EA business plan should be organized to: \u003Cbr \/\u003E\u003Cdiv\u003E\u003Col\u003E\u003Cli\u003ECarry a cover page.\u003C\/li\u003E\u003Cli\u003ETable of contents.\u003C\/li\u003E\u003Cli\u003EExecutive summary.\u003C\/li\u003E\u003Cli\u003EBusiness Description.\u003C\/li\u003E\u003Cli\u003EMarketing plan.\u003C\/li\u003E\u003Cli\u003EOrganization plan.\u003C\/li\u003E\u003Cli\u003EOperational plan.\u003C\/li\u003E\u003Cli\u003EFinancial plan.\u003C\/li\u003E\u003C\/ol\u003E\u003Cdiv\u003EComponent (Make Up) Of a \u003Cb\u003EBusiness Plan\u003C\/b\u003E that every young entrepreneur should put into consideration during his\/her business plan:\u003Cbr \/\u003E\u003Col\u003E\u003Cli\u003EThe executive summary\u003C\/li\u003E\u003Cli\u003EThe objective of your business plan\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EMarketing plan\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EOver head chargers\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EMachinery\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EMaterial\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EFlexibility\u0026nbsp;\u003C\/li\u003E\u003C\/ol\u003E\u003Cdiv\u003ETake your time to review this list and take an in depth evaluation of yourself. According to \u003Ca href=\"https:\/\/www.forbes.com\/sites\/forbescommunicationscouncil\/2017\/07\/14\/why-your-best-bet-is-failure-when-youre-an-entrepreneur\/\"\u003Eforbes\u003C\/a\u003E, Entrepreneur failure is a teacher because “it teaches important lessons about how to be successful”.\u003C\/div\u003E\u003C\/div\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Ch2\u003ECauses of Entrepreneur Failure: Final Words\u003C\/h2\u003EDon’t be discomfited if you are a victim of all these mistakes. The solution now is to try to do something\u003C\/div\u003E\u003Cdiv\u003Eabout them.\u003Cbr \/\u003E\u003Cbr \/\u003EFailure is normal as an entrepreneur, so if your business fails, it doesn't mean you're a failure but you should try and learn from other famous entrepreneur, know what was their mistakes and avoid them at all cost!.\u003C\/div\u003E\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/2389674638526278458"},{"rel":"self","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/2389674638526278458"},{"rel":"alternate","type":"text/html","href":"https:\/\/www.comfortskillz.com\/2018\/02\/5-killer-factors-of-entrepreneurial-failure.html","title":"The top 5 Causes of Entrepreneur Failure, (And Remedies)"}],"author":[{"name":{"$t":"Safe Milli"},"uri":{"$t":"http:\/\/www.blogger.com\/profile\/04028366527936313269"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/4.bp.blogspot.com\/-83_5eJw2v7s\/XFi9zHldzxI\/AAAAAAAACFI\/fj1MRnf65TAaJeLyAYRjBDKw98eR57L7ACK4BGAYYCw\/s113\/small-scale-business.jpeg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-7QAl9pocyYk\/WnSKZCiWRCI\/AAAAAAAAADk\/a24tah8qtc8RCXdPCiQwvj-W50RP41i6gCLcBGAs\/s72-c\/business-failure.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-3719497256808261486.post-6841675354242394291"},"published":{"$t":"2018-01-29T13:08:00.000-08:00"},"updated":{"$t":"2018-04-29T17:29:13.617-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Business Ideas"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Entrepreneurship"}],"title":{"type":"text","$t":"4 Secrets About Business Name Registration - Complete Guide"},"content":{"type":"html","$t":"Entrepreneur or small business owner who intends to go into a business must decide on the legal form in which the business will operate. This involves getting a good \u003Cb\u003Ebusiness name registration \u003C\/b\u003Eideas that suite the type of products you offer.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"https:\/\/1.bp.blogspot.com\/-LF_UtfUAIQk\/Wm51DVtcZAI\/AAAAAAAAADU\/ydxfLZ34wmAb7e_5AGL4CwqC7FM7UURQwCLcBGAs\/s1600\/business-name-ideas.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg alt=\"Business name ideas \" border=\"0\" data-original-height=\"212\" data-original-width=\"640\" height=\"106\" src=\"https:\/\/1.bp.blogspot.com\/-LF_UtfUAIQk\/Wm51DVtcZAI\/AAAAAAAAADU\/ydxfLZ34wmAb7e_5AGL4CwqC7FM7UURQwCLcBGAs\/s320\/business-name-ideas.jpg\" title=\"Creative business name ideas\" width=\"320\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cbr \/\u003EA business could either take the form of a registered name or an incorporated company.\u003Cbr \/\u003E\u003Cbr \/\u003EA business name is registered with Corporate Affairs Commission (CAC). The CAC part B of companies and allied matters ACT (CAMA)\u0026nbsp; of 1990 in registering a business name.\u003Cbr \/\u003E\u003Cbr \/\u003EBusiness registered under this part are sole proprietorship and ordinary partnerships.\u003Cbr \/\u003E\u003Cbr \/\u003EThe following steps are taken in order to register a business name conveniently.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003ESTEP 1: \u003C\/b\u003EReservation Of Name:\u003Cbr \/\u003EAn entrepreneur or small business owner who intends to register a business name will supply proposed alternative name options in the prescribed form to CAC (\u003Cb\u003ECAC registration form\u003C\/b\u003E). Thereafter, names supplied are available.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003ESTEP 2\u003C\/b\u003E: submission of the following documents to CAC;\u003Cbr \/\u003E\u003Cul\u003E\u003Cli\u003EThe approved reservation of name form\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EDuly completed business name registration form\u0026nbsp;\u003C\/li\u003E\u003Cli\u003ETwo (2) passport photographs of the person (s)  seeking registration of a particular business name\u0026nbsp;\u003C\/li\u003E\u003Cli\u003ECertificate of professional qualification\u003C\/li\u003E\u003Cli\u003Ecreative business name ideas.\u003C\/li\u003E\u003C\/ul\u003E\u003Cdiv\u003E\u003Cb\u003ESTEP 3:\u003C\/b\u003E Payment of prescribed fees and stamp duties\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003E\u003Cb\u003ESTEP 4\u003C\/b\u003E: Registration and provision of certificate.\u003C\/div\u003E\u003Cdiv\u003E\u003Cbr \/\u003EYeah!\u0026nbsp; I called these 4 steps \u003Cb\u003E“4 secrets about business name registration” \u003C\/b\u003Ebecause they are the main things to consider while setting up a new business.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003ERegistering a business name is highly important because it authorizes you under the law to use it for business, and it also qualifies you to do business with government agencies or partner with big business.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv\u003EBesides, people would be more comfortable doing business with you or paying into your bank account with a registered business name. For these reasons, every business organization needs to acquire some catchy business name ideas. If you can't come up with business name ideas there some business name generator free online which you can use to get some business name\u0026nbsp; suggestions.\u003C\/div\u003E"},"link":[{"rel":"edit","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/6841675354242394291"},{"rel":"self","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/6841675354242394291"},{"rel":"alternate","type":"text/html","href":"https:\/\/www.comfortskillz.com\/2018\/01\/business-name-registration-ideas.html","title":"4 Secrets About Business Name Registration - Complete Guide"}],"author":[{"name":{"$t":"Safe Milli"},"uri":{"$t":"http:\/\/www.blogger.com\/profile\/04028366527936313269"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/4.bp.blogspot.com\/-83_5eJw2v7s\/XFi9zHldzxI\/AAAAAAAACFI\/fj1MRnf65TAaJeLyAYRjBDKw98eR57L7ACK4BGAYYCw\/s113\/small-scale-business.jpeg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/1.bp.blogspot.com\/-LF_UtfUAIQk\/Wm51DVtcZAI\/AAAAAAAAADU\/ydxfLZ34wmAb7e_5AGL4CwqC7FM7UURQwCLcBGAs\/s72-c\/business-name-ideas.jpg","height":"72","width":"72"}},{"id":{"$t":"tag:blogger.com,1999:blog-3719497256808261486.post-3284369709011719106"},"published":{"$t":"2018-01-26T07:04:00.002-08:00"},"updated":{"$t":"2018-04-29T18:10:55.184-07:00"},"category":[{"scheme":"http://www.blogger.com/atom/ns#","term":"Business Ideas"},{"scheme":"http://www.blogger.com/atom/ns#","term":"Entrepreneurship"}],"title":{"type":"text","$t":"A Complete Guide To Setting Up A Business Ventures"},"content":{"type":"html","$t":"\u003Cb\u003EA STEP BY STEP GUIDE TO LEGALLY SET UP A BUSINESS VENTURE\u003C\/b\u003E\u003Cbr \/\u003E\u003Cbr \/\u003EBusiness is an art, and setting it up the right way will make your art rise and shine!\u003Cbr \/\u003EHere is an easy to understand guide for those who need some ideas setting up a business venture. Through, it's not a comprehensive guide for all companies and circumstances.\u003Cbr \/\u003E\u003Cul\u003E\u003C\/ul\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cdiv class=\"separator\" style=\"clear: both; text-align: center;\"\u003E\u003Ca href=\"https:\/\/3.bp.blogspot.com\/-UWQ_n0xJNbI\/WmtDPw7XpmI\/AAAAAAAAADE\/qy5hCv-BhZEexsiNe_OqZ-shHlyZjNdowCLcBGAs\/s1600\/setting-up-a-new-business.jpg\" imageanchor=\"1\" style=\"margin-left: 1em; margin-right: 1em;\"\u003E\u003Cimg alt=\"steps to start a small business\" border=\"0\" data-original-height=\"426\" data-original-width=\"640\" height=\"213\" src=\"https:\/\/3.bp.blogspot.com\/-UWQ_n0xJNbI\/WmtDPw7XpmI\/AAAAAAAAADE\/qy5hCv-BhZEexsiNe_OqZ-shHlyZjNdowCLcBGAs\/s320\/setting-up-a-new-business.jpg\" title=\"How to start small business\" width=\"320\" \/\u003E\u003C\/a\u003E\u003C\/div\u003E\u003Cbr \/\u003EDo you have a great idea and want to set up a business venture? If yes, then follow the steps bellow. The first thing you need as an entrepreneur is advice from someone who is experienced in starting a business, someone professionally qualified to advise or mentor you during the crucial early stages of your business.\u003Cbr \/\u003E\u003Cbr \/\u003EIn setting up a business venture, have this two things at the back of your mind:\u003Cbr \/\u003E\u003Cul\u003E\u003Cli\u003EThe high level of what you need to know, based on the experience of those who have been in the business themselves.\u0026nbsp;\u003C\/li\u003E\u003Cli\u003EGet advice from well-meaning business angels who help to fund and advise new and growing businesses.\u003C\/li\u003E\u003C\/ul\u003E\u003Cdiv\u003E\u003Cbr \/\u003E\u003C\/div\u003E\u003Cb\u003EHow to setup a new business venture\u003C\/b\u003E\u003Cbr \/\u003E\u003Cul\u003E\u003Cli\u003EStep one is therefore to get a mentor.\u003C\/li\u003E\u003Cli\u003EPrepare a business plan: Your business plan is key to deciding whether the business may be viable or not. If so, start using it to get your idea off the ground and get funding –to assess your business idea to work out if it could be a profitable business.\u003C\/li\u003E\u003Cli\u003EIf you have done your market research and you can take your estimated sales income and cover your costs yet still maintain a market competitive price, and you know your first customer, you may well have a viable business idea.\u003C\/li\u003E\u003Cli\u003EFinding investors and sources of funding: When planning to set up a business, source of capital should be one of the major step in the mind of an entrepreneur.\u003C\/li\u003E\u003C\/ul\u003EOnce you have moved into the startup and revenue stage and you are ready to seek further external equity funding, you might find it useful to speak to one or more business angels who come with the benefit of experience.\u003Cbr \/\u003E\u003Cbr \/\u003EThey will only invest in an enterprise they believe will grow and rise in value. Equity is usually the most appropriate type of funding for start-up and early stage business as funding is locked into the business, unlike a loan which may be called in if trading conditions deteriorate.\u003Cbr \/\u003E\u003Cbr \/\u003E\u003Cb\u003EGetting started\u003C\/b\u003E: here are some tips for starting out a business venture from those who have started up a successful business.\u003Cbr \/\u003E\u003Cbr \/\u003EThe stakes can be high, many have invested their savings in starting out so firstly reduce your risks. If you can, keep working in your existing job to maintain an income.\u003Cbr \/\u003E\u003Cbr \/\u003ESetting up a separate business bank account will also make your life a lot easier in terms of clearly identifying business income and expenditure and for completing tax returns.\u003Cbr \/\u003E\u003Cbr \/\u003EStart small – overtrading is the biggest cause of running out of cash and business failure.\u003Cbr \/\u003E\u003Cbr \/\u003EA common example is having too high a level of stock; you might still be selling but there is too much cash tied up in stock and the income is not coming in fast enough to cover your costs. If this affects your ability to pay loan charges, a lender or creditor may start to get concerned and call in the debt or cease supplies.\u003Cbr \/\u003E\u003Cbr \/\u003EGet the right staff and partners – do you need staff? This may influence where you locate your business.\u003Cbr \/\u003E\u003Cbr \/\u003EHow well do you know your business partner?\u003Cbr \/\u003E\u003Cbr \/\u003EFind out from your local authority what licenses or permissions you may need to operate your business and build the timings and fees into your cash forecasts.\u003Cbr \/\u003E\u003Cbr \/\u003EYou may not be able to start trading and generating income without the appropriate licenses in place.\u003Cbr \/\u003E\u003Cbr \/\u003EWhen are you likely to get the license and how long would it be to reapply if you do not meet all the criteria?\u003Cbr \/\u003E\u003Cbr \/\u003EYou may have written a fantastic business plan or have a legal requirements for starting a new business venture but there will still be many unforeseen events and changes so make sure you build in a contingency for this.\u003Cbr \/\u003E\u003Cbr \/\u003EKeep your business plan dynamic to adapt to change."},"link":[{"rel":"edit","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/3284369709011719106"},{"rel":"self","type":"application/atom+xml","href":"https:\/\/www.blogger.com\/feeds\/3719497256808261486\/posts\/default\/3284369709011719106"},{"rel":"alternate","type":"text/html","href":"https:\/\/www.comfortskillz.com\/2018\/01\/setting-up-a-new-business-ideas.html","title":"A Complete Guide To Setting Up A Business Ventures"}],"author":[{"name":{"$t":"Safe Milli"},"uri":{"$t":"http:\/\/www.blogger.com\/profile\/04028366527936313269"},"email":{"$t":"noreply@blogger.com"},"gd$image":{"rel":"http://schemas.google.com/g/2005#thumbnail","width":"32","height":"32","src":"\/\/4.bp.blogspot.com\/-83_5eJw2v7s\/XFi9zHldzxI\/AAAAAAAACFI\/fj1MRnf65TAaJeLyAYRjBDKw98eR57L7ACK4BGAYYCw\/s113\/small-scale-business.jpeg"}}],"media$thumbnail":{"xmlns$media":"http://search.yahoo.com/mrss/","url":"https:\/\/3.bp.blogspot.com\/-UWQ_n0xJNbI\/WmtDPw7XpmI\/AAAAAAAAADE\/qy5hCv-BhZEexsiNe_OqZ-shHlyZjNdowCLcBGAs\/s72-c\/setting-up-a-new-business.jpg","height":"72","width":"72"}}]}});