• Business

    The Challenges of Starting a Small Business 

    The Challenges of Starting a Small Business    A small business startup is not an easy undertaking. You might have many challenges to overcome to grow your small business; let’s see what some of the challenges are.!    INTRODUCTION    The economy’s foundation comprises small enterprises essential to every community. Small businesses contribute to everyone’s ability to live more affordably by offering distinctive goods and services at reasonable costs. They also boost the local economy and produce jobs. You can take a variety of actions to boost your small business. Try to support local businesses wherever you can. This will keep pricing cheap for clients and help your small business…

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  • Business

    What is a business model, and how to create one for your startup?

    What is a business model, and how to create one for your startup?   A company’s overall strategy is executed using a business model guide. It explains how your business will generate revenue and what resources it will require.   What is a Business Model?   Simply put, a business model is a set of principles and strategies a company uses to generate revenue. It’s based on the business’s operational activities and determines how it pays its bills. Business models are essential for new and established companies as it helps further develop enterprises to attract investment, hire talented employees and motivate management.    Established businesses should update their businesses regularly.…

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