Relevant Business Cases

Business if tough in today’s world! Most small businesses go bankrupt or are closed abruptly in the first five years. Over the course of the next five years many of the remainders also “pack up” shop and lock their doors. Why do so many businesses fail?

The reasons lie in three main spheres. Those spheres of influence can be labeled personal, customer, and operations.

Business if tough in today’s world! Most small businesses go bankrupt or are closed abruptly in the first five years. Over the course of the next five years many of the remainders also “pack up” shop and lock their doors. Why do so many businesses fail?

The reasons lie in three main spheres. Those spheres of influence can be labeled personal, customer, and operations.

Business if tough in today’s world! Most small businesses go bankrupt or are closed abruptly in the first five years. Over the course of the next five years many of the remainders also “pack up” shop and lock their doors. Why do so many businesses fail?

The reasons lie in three main spheres. Those spheres of influence can be labeled personal, customer, and operations.

Many people dream of putting up their businesses and managing it by themselves. The idea of being your own boss and managing your own time lure many to engage in any business enterprise. But entering into business without the acquired knowledge and skills to run it may lead to failure and disappointment.

To avoid failure in business, you should remember the following fatal errors:

• Overexpansion

• Poor capital structure

• Overspending

• Lack of reserve funds

• Bad business location

• Poor execution and internal controls

Many aspiring entrepreneurs hardly break even, while others really know how to run a successful business. Whether you’re just starting out, or you find yourself stuck in a rut, this article will give you the much-needed advice to help you flourish in your business pursuits.

Below are some of the proven tips on how to run a successful business.

1) Give good service.

One of the most important things you have to remember is that service is everything. It can make or break your business.

(c) Copyright Bayo Bamitale 2006

Many of us are interested in starting home-based businesses or quitting our full-time jobs. There is a marked difference between the psychology of the worker and that of the entrepreneur but the great flicker of hope is that the entrepreneurial consciousness could be developed. If you are tired of your day-time job and have been thinking of leaving your job and striking out on your own, you need to think about this properly. It is necessary to examine yourself and ask whether you have what it takes to be an entrepreneur; and if you don’t to go ahead and start the process of developing that consciousness. This article itemises some of the characteristics of an entrepreneur as well as the method by which those characteristics could be developed.

Business if tough in todayís world! Most small businesses go bankrupt or are closed abruptly in the first five years. Over the course of the next five years many of the remainders also ìpack upî shop and lock their doors. Why do so many businesses fail?

The reasons lie in three main spheres. Those spheres of influence can be labeled personal, customer, and operations.

I was walking out of a recent business networking meeting last week, I looked outside and reflected on the gorgeous morning.

Spring in Central Oregon was in full bloom.

More cars were driving on the road, the deer had returned to the region, and the stores were brimming with fresh daffodils (the only deer-proof flower in this region!)

You could actually FEEL the rush of excitement about the new season.

Yet sometimes, as I have learned, slowing down is the best way to energize your business. In this issue, marketing genius Ted Nicholas shares his proven formula for accomplishing great things…by slowing down.

Product Description
‘This is a practical and essential guide for anyone contemplating establishing their own business. Johnson captures all the key elements which allow a successful transition and is very clear about what can send you off track. Grounded in common-sense and humour.’ Norman Walker, former global head of Human Resources for Novartis, now an independent senior executive coach and consultant on leadership. I wish this book had been available when I began my independent ca… More >>

Smarter Consulting: How to start up and succeed as an independent consultant

As a Black Woman Entrepreneur, Marketing Consultant & Coach, who works with women of color who are struggling to establish their presence in the business world both online and offline & struggling to attract more customers in order to build successful business both online and offline.  I would like to share ideas on  what other African American Women Entrepreneurs  (any woman) can begin to do now to accomplish her goals in 9 simple steps!