As a business owner, nobody will tell you what to spend your time on. But if you and your family have to live off your company's income, entrepreneurs suddenly face significant challenges.
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How decisions will turn out in the future is sometimes hard to predict. But not always, if you develop a business case before making an important decision.
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Using standardized components can significantly reduce the time spent creating proposals.
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Speaking to a business coach with extensive business experience in various industries could sometimes prevent costly mistakes and save solopreneurs a lot of time — and their company.
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In business, usually, nothing is perfect. What's far more crucial is that your products and services are better than those of your competitors.
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Simplification is the best cure for complexity. Here are 5 signs to detect unnecessary complexity in your own business and 3 steps to reduce it.
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The more you practice, the sooner you will become an expert in your field and the less time it will take you to complete a task, increasing your business's profitability.
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You don't need to rely on your gut feeling to tell if your business is going in the right direction. Shopify provides an easy-to-use dashboard for your online store that requires no configuration. And it is free with your subscription.
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Building a business can be daunting at times. Self-doubt is normal. Your effort is the only variable you can control.
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To create a high-performance work culture, you should follow 10 dos and avoid 5 don'ts.
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The customer retention rate gives insight into your customers' buying behavior; your conclusions can significantly improve customer satisfaction and profitability.
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Extrapolation is the prediction of the future based on past trends. It can be a dangerous shortcut. Instead think in scenarios of risks and opportunities.
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Cutting costs can inadvertently make your profitability problem worse.
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If your processes are not smartphone-optimized, appealing to customers will become increasingly challenging.
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Incentivizing customers with a discount for changing their behavior can help you increase your productivity.
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High-revenue orders tend to be more complex and therefore require additional staff to deal with problems as soon as they arise, reducing their profitability.
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Not being able to pay a bill is often the most obvious symptom that a business is in trouble. But there are five other early warning signs that something isn't right.
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If you are confident that what you are working on will be successful, you might have an entrepreneurial mindset. Here are ten traits most entrepreneurs share.
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Their knowledge, experience, and people skills can make business coaches an effective resource in guiding small business owners through the early stages of their new venture.
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The free-cash-flow method can help estimate the amount of money you are safe to take out of your business.
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