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Dealing with Success
Congratulations on the success of your business. You deserve it and it is a just reward for the blood, toil, tears and sweat you put in. But are you using your success, or just enjoying it? Is it building you up or, perhaps unconsciously, pulling you down? Success is a double edged sword that can [...]
Continue reading...The Pressure Cooker Principle
26. September 2008
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Its really great being your own boss and being able to run your business the way you want. You don’t have to share the credit for your success with other members of a faceless corporate entity. Of course, when things go wrong, there’s no one else to share the burden. Every business man has been [...]
Continue reading...Should Work Be Fun?
24. September 2008
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Work is serious business. It’s your avocation and your livelihood and you can’t afford to take it lightly. Most people start businesses in areas for their interest so they usually enjoy their work. Everyone talks about how important being involved and passionate is to the success of your business. But there’s another element that many [...]
Continue reading...Planning For Small Business Growth
23. September 2008
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A small business, in fact any business, is like a child. It needs to grow. If it doesn’t, something is wrong with it and it’s future prospects are dim. Anyone who has started a business wants it to prosper and grow. The problem lies in the fact that most of us think that if our [...]
Continue reading...Planning For Diversification
20. September 2008
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Let’s get one thing clear. Growth is not diversification. Growth is developing your current business so that it increases in size. Diversification is doing something new. Lets look at why, when and how you should plan your diversification.
Continue reading...Growth Strategies for Small Businesses
19. September 2008
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Business growth does not happen by itself. It needs to be planned, guided and nurtured or else it will lose its way and wander off into a swamp of uncertainties and get sucked into the quicksand of unfocused objectives. Your business needs to keep growing. An increase in your sales due to the quality of [...]
Continue reading...Self Analysis with SWOT
18. September 2008
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Many years ago SWOT (Strengths, weaknesses, Opportunities and Threats) was a hot buzzword in Business circles. Like all buzzwords, it has been replaced with newer phrases. But its validity as a business toll remains. Its effectiveness as a tool for the businessman to analyze himself is in unparalleled. That is called a Self SWOT.
Continue reading...Outsourcing Options for a Small Business
17. September 2008
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Outsourcing is not just about Microsoft getting a few thousand software professionals in India to create software for them. It is about options available to you, the small business owner, to enable you to cut costs and increase efficiency.
Continue reading...Running a Seasonal Business
15. September 2008
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Not all businesses are busy all the year round. Most businesses run in cycles with highs and lows. A seasonal business is particularly affected by this. If your business involves selling holiday decorations, holiday packages, winter clothing and things like that, you will know what I am talking about. No one is going to buy [...]
Continue reading...Managing Time – Tips for Business Owners
12. September 2008
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There’s never enough time. Everyone feels that way. And time is a constant in out lives – it can’t be sped up or slowed down. You have to manage with what you have. The key word here is “manage”, especially for a businessman. Face it; if you can’t manage your time and can’t get what [...]
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10. October 2008
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