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You’ve found an irresistible product overseas and you are convinced that you have a strong market within which to sell it. Now all you have to do is get it into the country and watch the money come rolling in. Or is it? If you are thinking of starting an import business, however small, there are a few things that you must bear in mind. Ignore these and your new enterprise may not make it past the first few months. Only deal in top quality products or services Your product must tap into a current trend, fit in with an emerging trend...

Have you ever worked yourself to the bone for your employer? Perhaps you’ve stayed up long nights finishing assignments that have to be handed in as soon as possible, and maybe you always go the extra mile just to ensure you can pay the bills and work slowly towards that elusive promotion. Or are you on the other side of the fence? Do you frequently stay up late managing your business because your employees don’t do enough work, or do you always stress over who to fire and who to hire? Whether you’re an employer or the employee,...

In the crowded market of today’s business world and with the rise of the digital space, more and more small businesses are facing more and more challenges like never before. That’s one of the main reasons why so many small businesses close before they can find any kind of success. And that’s because a lot of small business owners and managers forget some crucial details or overlook them. Keep reading down below, where we’re going to go through the most often overlook details that small businesses glaze over as they go about building...

If you have the dream of running a business, have you ever thought about going down the route of owning a franchise? Because of its immediate impact and brand recognition, products in place, and so on, being a franchisee is a popular choice for aspiring businesspeople. From a relatively small moving company franchise from Two Men and a Truck,to a global force like Subway, there’s a diverse selection of businesses to choose to represent. Due to this, there are many things to take into consideration before deciding to become a franchisee. Five...

Becoming a successful lawyer is one thing. It’s certainly a challenge and not one that everyone is fit for. However, there are even less people who manage to start their own successful private law firm. Is there some great barrier between a great lawyer and a great law firm owner? What are the traits, the skills, and the processes that get you over that barrier? There are a lot of different components and steps that can be argued for, but here are some that you need to nail down. Image Source Plenty of planning It doesn’t matter what...

If you own a small business, one of the best tools you could have at your disposal is a label maker. Admittedly, certain businesses will feel like having a label maker is redundant, and that is often the case for retailers that are based exclusively online and selling virtual products. Yet, don’t be mistaken in thinking that a label maker is only of use for producing shipping labels. In fact, this versatile device can help your company in a number of ways. For labeling When it comes to labeling items and filing your documents, a label...

Photo Credit For businesses both large and small, outsourcing is a common technique that can help to take tasks out of your hands, leaving you freer to run your company. While it is a common practice, you still want to make sure that you are choosing the right business to outsource to. After all, you are entrusting them with part of your business and you want to make sure that everything is in safe hands. So, let’s take a closer look at how you can ensure that you are making the right decision. Clearly Define What You Want to Achieve There...

If technology DIY is your passion, or if you just think that the building of computers is a trend that you want to cash in on, then making a business out of building PCs is a viable venture to take. However, before you take such a venture you need to take heed of that particular market, which is by no means a new one, and the shifting climate of business in general. Specifically, you need to be able to know what specific market in the overarching market of building PCs it is that you will be tapping into. Below you can find information...

Mistakes happen in all walks of life. Sometimes, making mistakes doesn’t matter that much as they can easily be fixed. From a business standpoint, mistakes are almost always costly. Especially when they’re made when you’re designing and making a product. Bearing that in mind, here are some of the most common product design mistakes and how to avoid them. Not Having Clearly Defined Goals You should have goals with every product you create. Sometimes, the aim of a product is to look good, and the aesthetic appeal is the top priority....

When you are running a business, you need to be mindful of cost in every aspect of your work. With recent data indicating that the average cost of domestic travel is $111.7 billion each year, traveling for business can seem costly. However, you may also need to take regular business trips to market your products or meet with investors. So, how do you strike a balance between traveling and saving money? Here are a few tips on how you can still go to meetings, yet save money while doing so. Flights There is a big difference between traveling...