Tag's: strategy

Growing Pains: How competition shapes a business.

Competition holds entrepreneur accountable. If customers value the entrepreneurs ideas the business will be profitable, if not the entrepreneur will run his/ her business at a loss. The more value an entrepreneur creates, the more he or she is rewarded. Eventually, the entrepreneur will need to build a team to meet the demand of his or her market. How the team is created is highly dependent on the nature of
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Identifying new business opportunities

As a business owner you should always have one eye on your external environment. This knowledge is very useful for restructuring the way you do things. Part of growing as a business owner is innovating periodically. This article briefly touches on how to identify new opportunities in your business. Identify who you are or who you want to be The first thing you need to know about seeking new opportunities
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