Competitors are one of your largest business threats. You have to know who your competitors are and how they operate. You will use this information to decide how to position yourself, where you price yourself, and how you’re perceived by your marketplace. Competitor Analysis When you research your competitors you should list what kinds of […]
Starting a business is like starting your own baseball team. Start-up (Spring training) is when you are doing your research, deciding on a business name, zoning requirements, setting up your business, deciding on what form your business will take (sole proprietorship, corporation, LLC). You’re assembling all the parts of your business (team), getting ready for […]
Surprisingly many businesses fail to create such an essential item; the reality is that these types of businesses and entrepreneurs who don’t create a documented system usually spend lots of time training and supervising employees. Often they forget that the reason an employee or other person was brought into the business was to help it […]