“…Culture has impact on executing our business strategy. If you do not have a workplace culture that supports the strategy, it is obvious that it will go out the window. ‘Culture eats strategy for breakfast.'” – Peter Drucker
Understanding the Terms: Mission & Vision – Each organization or business is unique in its background, mission, and culture. These are reflected in vision, values, and mission statements, which provide vital inspiration and momentum.
Most amazing advice: “The best way to succeed in business is to be in business. And… I really didn’t get it till years later.”
“What I went through during my first six months business – I didn’t know what the hell I was doing.”
When running a new business, it’s important that you learn a most vital financial concept. And that is the computation of gross profit.
When explaining the desire of owning your own business, a list a of reasons might come to mind, requiring some brainstorming for ideas for a new business.
So many women are sighing a sigh of relief at the prospect of finally learning to feel good in their own bodies.
You Need an Exit Strategy While planning your new business, and in later growth stages, you ought...
The media landscape is constantly changing. “Every contact point with a customer should tell an emotional story.”
Craig Wright, an Australian entrepreneur has publicly stated that he created Bitcoin under the name of Satoshi Nakamoto.
Before you sell, get an in-depth understanding of your own business and that of your rivals, as well as the marketplace to be targeted.
Innovation is one of the characteristics of a great business partner.
In recent years our work day seems to stretch endlessly into nights and weekends. With email on our mobile devices plus other communication apps demanding our attention around the clock, we can’t turn off the stress.
Talent, money, and connections alone won’t get you to where you want to go in life. You also need to work hard to be truly successful.
I woke up this morning early and wondered about women in business and about my early days as an...
Entrepreneurship is First and Foremost Thinking Outside the Box
Choosing office space is all about location, location, location! No doubt the location of your...
A business plan brings ideas to life. It is the backbone of your business. In a written document...
You Must Understand what Your Competitors are Doing & Who They Are You need to understand...
Get legal advice to avoid legal pitfalls that can hurt your business. Find someone with sound legal knowledge you can turn to for a reasonable price, to obtain updated advice.
To Build a Great Company, Find Great Mentors
During the early planning stages of a business you should take into account money. You will have to decide how to arrange financing for the various stages.
The name you choose lives with you for the lifetime of the business. It has to reflect your purpose and style now and into the future.
If you are considering founding a business, you might also consider the possibility of tackling a partner who helps push you forward. Above all, a partnership provides accountability– this is very important.
Planning and running a business may seem daunting, but it can be a lot of fun. However, it does require some careful thinking and planning.
Small businesses often see setting prices as problematic, and owners find it hard to raise prices once they discover that they aimed too low, and are losing money on every sale.
How can you generate ideas for a new business? What sort of business do you want?
Suppliers play an important role in most businesses. Your business consumes services and supplies as a component of general overhead.
MarketDirectli.com was started to create a home for entrepreneurs, business owners, and newbies. A place to come with a cup of coffee for a quick overview of what matters to you.
Business ideas for starting a business and the initial step to beginning your very own company is to discover a dazzling company concept that will make money.