Business Development
Many people use the terminologies, businessman and entrepreneur interchangeably. They use these two terms to refer to anyone who owns a business and makes money. However, there are distinct differences between an entrepreneur and a businessman. Most business people own businesses that they are professionally trained to run or are in high demand, disregarding the uniqueness of business ideas. In …
Are you looking for ways to grow your business without spending money? With the right strategies, tactics, and know-how, it is possible. Here are seven tips to help you build your business, increase customers, and reach greater success. This blog will explore these methods using seven easy-to-implement methods of quickly increasing profitability through optimising your business. The Impact Business Optimisation …
Market Research Market research is crucial to any successful business. It helps you gain insights into your target audience’s needs, wants, attitudes, and behaviours to create more effective marketing campaigns and products. Knowing your target audience and their needs and wants. Preferences can help you make informed decisions about your business and develop the right strategies for growth, more effective …
Starting a business can be daunting. It requires a lot of planning, resources and hard work. As an entrepreneur, it is important to have a solid sales plan in place to ensure success. This is especially difficult for startups that do not have years of sales data to use as a benchmark. Crafting the perfect sales plan for startups requires …
Crafting a winning business proposal is a must for any entrepreneur looking to make a sale. It’s your chance to make the case for why your product or service is the best option for the buyer, and why your company should be chosen over the competition. But with all the pressure to get it right, where do you even begin? …
PESTLE Analysis is a business analysis framework used to scan the external macro-environment in which a business operates. PESTLE analysis can identify and study the key influences in any environment and how these components are interrelated. The PESTLE framework can be used for many purposes, including business planning, marketing planning, business change, business and product development, and research reports. Let’s …
The British Chamber of Commerce and other business and financial institutions are forecasting a recession for the UK economy from Q4 2022 through 2023. Annual expectations for GDP growth also continue to flatline in 2022, significantly below the 7.4% growth recorded in 2021. Businesses and consumers will continue to face exceptionally high costs as rampant inflation spirals upwards in 2022. …
Business mentoring can provide invaluable support and guidance for business owners and entrepreneurs. A mentor can help you to develop and grow your business and to overcome any challenges you may face. If you are thinking of starting a business, or are already running a business, then business mentoring could be for you. A mentor can help you to clarify …
learn the differences and similarities between a business plan and business proposal
This article will cover how to create a cash flow forecast in a business plan or for use within an existing business. If you’re just getting started, you may want to read our guide to creating a business plan. However, this article is for you if you are looking for more specifics on making a cash flow forecast. The cash …
