Business planning gives you a competitive advantage – plain and simple. As a business owner who is just starting, you need a rock-solid business plan. Why is that, you ask? It is true some entrepreneurs make millions without putting a single word to paper but do you really want to run […]

There’s no doubt that the retail industry is an important part of our lives. For most people, buying anything involves some form of shopping in a store or online.  There’s a good reason for that: until recently, it was hard to buy something from the original manufacturer. Consumer products would be […]

Business Model Canvas is a type of management template entrepreneurs use to create new business models. Another one of its uses is to better document existing business plans. The business model canvas (BMC) is the brainchild of Alex Osterwalder. It helps investors assess factors like potential revenue streams and customer segments […]

First, let us tell you what accounting and bookkeeping mean. Then, we’ll let you know about the main bookkeeping tasks you’ll need to complete while you are managing your small enterprise.  What does bookkeeping mean? Without any complications, bookkeeping is when you keep records of the financial transactions of your business. […]

What is entrepreneurship? It might seem like a simple question, but the definition of entrepreneurship can be both flexible and unpredictable. According to Mark Zuckerberg, the successful co-founder, and CEO of social networking site Facebook, “Entrepreneurship is about creating change, not just creating companies.” While the term entrepreneurship has been around […]

Have you ever considered the effect communication has on your company? In the competitive, fast-paced world we live in, consumers and employees alike are bombarded with information. In today’s always-on world, you are only a click away from your next conversation with access to numerous technologies, enhancing the way we interact.  […]

Are you keen to start an online business but don’t know how to do it? You have come to the right place! Online businesses and modern life go hand in hand. Starting an online business and making money online has never been easier, thanks to advanced technology. The internet allows us […]

A lot of people struggle with the entrepreneur definition. It’s easy to envision not having a boss, working whenever and wherever you like, and making serious money. It’s true, running your own business has a lot of perks. But most people only have seen the entrepreneur definition that’s floated in movies […]