In most cases, the business starts with an entrepreneur. Entrepreneurs are people with creative and innovative ideas. They identify a gap in the market and try to create a solution to address the...
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Small Medium Business (SMB)
Every successful business starts with an idea supported by market research. This idea aims to satisfy a specific need of the consumer. Since a business cannot exist on its own it needs to create or...
SWOT Analysis
Choosing the right business strategy is essential to the success of every company. Whether the strategic plan is focused on company-wide, a specific department, or a project in your business, it's...
Return on Investment (ROI)
For any business, earning profit is important. But to become aware if the company is successful it needs to compare the ratio of the total profit that it makes to the cost of resources devoted...
Organizational Structure
Business efficiency is an important part of any company. Good efficiency can improve a business by the conversion of hard work into assets that generate revenue such as services and products. In...
Outsourcing
Often, companies look for different business strategies to reduce their costs, increase their efficiency, and remain profitable. One of these strategies is outsourcing. What is outsourcing?...
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