Decisions: The Arguments For And Against Business Plans

One of the hallmarks of a proper Business Plan prepared by a world-class Business Plan Company is being open to disconfirming information. Any reputable Business Plan Consultant will provide you with factual and informed recommendations on the hypotheses you made on your new business idea.   Now let us apply that principle to the decision

5 Common Pitfalls To Starting A New Small Business

There are several reasons why entrepreneurship is a popular choice. From being your personal boss to creating time for yourself to name a few. It’s no surprise that more and more people have selected to start their businesses. Although starting a small business is a new exciting step for every new business owner, it can

What Can Entrepreneurs Learn From Olympian Athletes?

Every four years, athletes from around the world gather to show off their physical skills and prowess. For many, the Olympics are the pinnacle of their careers. But what can business owners learn from Olympic athletes? The idea that you have to spend years and years without a certain payoff is true of both. During

Your First Year As A Business Owner: Expectations Versus Reality

After all the late nights and pressure-filled days, your business is finally up and running. Congratulations, you’ve made a leap that many South Africans aspire to. And while it may not all be smooth sailing from this point – recent research by Xero research has highlighted that one-third of small business owners find the first

Are Business Plans Still Relevant Today? A Factual Investigation Into This Question…

Entrepreneurs who are starting a new business often wonder, “Do I really need a business plan? Is writing a business plan really the best use of my time?” The answer to these questions is almost always, Yes! A business plan is an integral part of starting a new business. A business plan is a very

8 Things You Should Never Ever, Ever Say To An Investor

Investors are much better at negotiations than you are; after all, this is what they do, and they do it daily. You on the other hand, rarely do it. When you approach potential investors to invest in your new company, you should avoid certain expressions. They are traps that make you look weak or dig

How Social Media Can Boost Your Website Visits

These days, your website can get lost in a jungle of Social Media Influencers and Brand Ambassadors. We see individuals and companies on various social media channels with a hundred thousand followers and wonder, how will my social media efforts ever compare? Gone are the days of cold calling, leaving brochures or company profiles at

The Power Of Referrals

According to the Business Dictionary, Word of Mouth (Referral) Marketing is: Oral or written recommendation by a satisfied customer to the prospective customers of a good or service. Considered to be the most effective form of promotion, it is also called word of mouth advertising which is incorrect because, by definition, advertising is a paid and non-personal

12 Benefits Of Starting A Blog For Your Business

Have you not yet launched a blog for your business? What are you waiting for? If it’s justification you need, then look no further. If you run a small business, chances are you are wondering if blogging is worth the time and effort. The short answer is a resounding YES! Blogging on a frequent basis is a

10 Tips For Turning Your Ideas Into A Business

Do you have ideas for a new business? For entrepreneurs, it is often easier to come up with a variety of business ideas for new companies and more difficult to implement those concepts. A business concept is a bridge between an idea and a business plan. It focuses one’s thinking so that the entrepreneur can identify

12 Places To Find New Product And Service Ideas

Creating great new business ideas is not a very difficult task to overcome, but what if you do not have a creative bone in your body? The next time you are struggling to come up with a new idea, try the following: 1.) Shopping: Next time you go shopping, examine some of the products in

10 Reasons Customers Aren’t Buying From You

Let’s face it. Running a new business is extremely challenging and competitive. You need every opportunity to attract potential customers to your business. But for some unknown reason, customers are just not buying from you. Why? Here are the ten most likely reason potential customer are not buying your products or services: 1. Potential customers