Articles and information on topics and issues affecting self-employed small business owners
The value of processes in your life and business cannot be underestimated. Look at the benefits and you will see that creating systemized processes is well worth the effort. Standard procedures make our business life much easier, increasing productivity and profitability whether you are a sole operator or a larger business.
In today's economy, it is more important than ever to have an entrepreneurial mindset. This involves being creative and proactive in your thinking, and always looking for opportunities to improve your situation. Here are six ways to develop an entrepreneurial mindset.
Entrepreneurship is not just about starting a business. It's about having an entrepreneurial mindset that can help you succeed in business and life. If you can embrace this way of thinking, you will be able to create opportunities for yourself and others and achieve great things.
Our mindset is formed from birth and influenced by family, school, work and other life experiences. There can be significant differences in the mindsets of employees, small business owners and entrepreneurs. What is limiting your mindset?
According to researchers, you either have a fixed or growth mindset. Business owners must have a growth mindset if their business is going to reach its full potential. In this article we explore the differences between mindsets, and how you can develop a positive growth mindset.
Having the right mindset is critical for small business success. We all have our "inner critic" that makes us doubt our abilities and gives us negative thoughts. However, when you have an awareness of your negative critic, you can silence it and adopt an attitude for success.
Getting your prices right is a key element in your business marketing. So far in this series, we have considered the foundational elements, and now turn to review common pricing models and a process to choose the right pricing strategy for your business.
Thus far in our series on developing your business pricing strategy, we have looked at identifying your customers and analyzing your competitors. The third foundation is positioning your business, products and services in the minds of your target market.
Proper pricing reflects how well you understand both your target customers and your competitors. Analyzing how your competitors set their prices like yours, gives you information on what your market wants, what customers will pay, and how you should position your products to win.
Getting your prices right is critical to the success of your business. This article is the first in a series that looks at crafting a price strategy for your business. It looks at the importance of pricing with a focus on your target market.
When is the right time to hire your first employee? My personal experience is that many solopreneurs should consider taking on someone to help them because they are leaving their customers dissatisfied. Let's look at some tips on when and how to take on your first employee.
Having considered environmental impacts, the benefits to your business, and various tools to help you go paperless in your business, we wind up the series with the top 10 tips and habots to adopt for a successful transition to going paperless in your business.
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