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4 Biggest Mistakes People Make When Planning A Business

Posted by Juliet Badmos on

Planning a business thoroughly lays the solid foundation for its future success. Unfortunately, when it comes to planning and preparation, a lot of aspiring entrepreneurs and business owners become hasty, sometimes even wholly disregarding the need for a detailed business plan. As a result, they run into significant problems early on that derail any sort of growth or progress. To help you avoid such common pitfalls, here are the four biggest mistakes that people make when planning a business: Making Unreachable Financial Projections While there is no crime in being optimistic about your quarterly earnings, you are setting yourself up...

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Are Trade Conferences Worth It?

Posted by Juliet Badmos on

From the American Marketing Association to the American Beverage Association, almost every industry you can think of has an association that holds a regular trade conference. Whether you’ve been in an industry for awhile or just entering one, you might be wondering whether or not to join an association and attend their conferences. Is it really worth it?    Enhances networking Conferences are usually held in one central location with members traveling from all over the country or world to attend. This provides a wonderful opportunity for attendees to network both for themselves and on behalf of their company. Conferences...

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4 Indicators That Your New Hire Will Be A Success

Posted by Juliet Badmos on

As a business owner, you want to be sure that every person you hire adds something that boosts the overall success of the business. Monitoring your new hires will teach you to improve during the selection process. The following are four indicators that your new hire is going to be a success: He or She Learns the Job Quickly One of the first indicators that a new employee is going to do well is that person's ability to catch on quickly. You may have planned to train the person for a week, but they may have learned the procedures and...

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A Quick And Dirty Guide To Value Pricing

Posted by Juliet Badmos on

As a business owner, it is vital that you understand how to price your goods and services. And you need the right strategy to make sure that you're making a profit while still offering a great deal to your customers. According to TaxProEz, as professionals, we must decide whether the pricing the client will accept is acceptable to us because all too often we just accept the offer of our clients without second-thought, rather than thing on the value our services. The value of the time spent performing a task, is far less relevant than the value it provides to...

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5 Personality Traits of Wildly Successful Business Leaders

Posted by Juliet Badmos on

Natural leaders are an extraordinary bunch that tend to share a certain set of personality characteristics. They are usually very consistent and more confident than people who do not lead. They have good people skills and set high professional standards for themselves and their employees. Here are the 5 traits that consistently predict personal success: Open Minded Being open minded is not just a quality that artists have. All businesspeople must be innovative and creative to a certain point, which is achieved only by being open minded. Some of the most successful business owners have been the first to adopt...

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