4 Customer Retention Tactics that Work Like a Charm

Acquiring new customers is good, but guess what, retaining existing customers is even better. In fact, research suggests that “65% of a company’s business comes from previous customers.” Plus, data also claims that “Acquiring new customers costs 5 times as much as retaining existing ones.” But the biggest surprise of them all? It turns out…

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How to Hire Great Freelancers Every Time You Need Them

Hiring a freelancer is often something that business owners hate but unfortunately at times, cannot be avoided. It used to be something I avoided like the plague, mainly because after hiring a freelancer, the quality of work wasn’t good or something went wrong. But eventually, thousands of dollars later, I worked out how to consistently…

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Financing a Startup in Tough Economic Times

small-business-financing--crowdfunding

The COVID-19 pandemic has left budding entrepreneurs feeling uneasy about launching new ventures. As a potential recession seeks to emerge from the shadows, banks and financial institutions are tightening the reins on credit lending. According to The Wall Street Journal, big lenders like Chase, Bank of America and Capital One are updating lending requirements to…

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Do You Keep Score?

In marketing, keeping score matters. There was a time when being funny or memorable was enough. Back then, there was an obvious line between marketing and sales and we marketing types didn’t need to worry as much about ROI. Today, that’s how a CMO or agency gets fired. Every dollar spent needs to contribute to…

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5 Remote Hiring Tips for Entrepreneurs

Are you still hiring? This is probably the most common question entrepreneurs ask each other nowadays. The changing market situation due to COVID-19 has made every business owner adopt the not-so-new format of remote working as their centralized process of business operations. As this is the only option today to keep business continuity, the  entrepreneurs…

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10 Strategies That Will Fail At Attracting Investors

Many new entrepreneurs are so excited by their latest idea that they can’t resist contacting every investor they know, assuming the investor will be equally excited and want to contribute immediately. Others will work hard on a business plan, and then mail it indiscriminately to every potential investor they can find on the Internet. Both…

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