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Home / Archives for Business Model

Business Model

How To Create a Successful Business Model For Your Startup

Dec 10, 2021 By JT Ripton

Business models help provide a clear image of running a company’s operations and a precise structure for its strategy that is free of obstacles. A business model canvas is a diagram that depicts how a company functions. It can assist business owners and entrepreneurs map out and track their business plans. To put it simply, […]

Filed Under: Creating a Plan Tagged With: Business Model

The Resurgence of the Family Business

Sep 10, 2019 By Jania Bailey

Could you imagine working day-to-day with you son or daughter? Would your father or mother make a good salesperson? Have you ever considered investing in your family’s future by owning a business together? That’s right, the family-owned business is seeing a resurgence. Though popular 2-3 generations ago, the idea of working with family members lost […]

Filed Under: Franchise Center Tagged With: Business Model, Family, Team

Loving the Product Doesn’t Necessarily Mean Loving the Business

Aug 5, 2019 By Bill Bradley

One way to approach your franchise search is to focus on the businesses that you personally enjoy. Maybe it’s the pizza you can’t get enough of or the gym that keeps you motivated. You can easily whittle down your list of potential franchises by paying attention to your own buying habits. But thinking like a […]

Filed Under: Franchise Center Tagged With: Business Model, Franchise, Getting Started

Love the Franchise Model, Not the Product

May 20, 2019 By FranchiseSolutions.com

When searching for a business to own that you are sincerely interested in, look deeper than the product. While demand for the product or service is an important piece of the successful business formula, it is not what the business owner is going to live, eat and breathe every day…it’s the franchise model of the business. How […]

Filed Under: Franchise Center Tagged With: Business Model, Franchise Business

Pros and Cons of Moving from Freelancing to a Passive Income Business

Dec 13, 2018 By Ryan Kidman

A growing number of people are making money off of the gig economy. According to recent figures, around 36% of the workforce is making a living offering various freelancing services. It is easy to see the appeal of freelancing, but making money through an online passive income business can be preferable for many people. You […]

Filed Under: Pricing Strategy Tagged With: Business Model, Freelancing, Revenue

Do You Have the Right Sales Business Model?

Aug 17, 2018 By Dave Brock

No sales business model is “forever.” As our markets change, as our customers change, as our own business strategies change, there is a necessity to reassess our sales business models and go to market strategies. Unfortunately, too many companies ignore these transitions. They stay stuck with one model, working harder and harder, failing to produce […]

Filed Under: Sales Activities Tagged With: Business Model, Growth, Revenue, Sales

How to Pick a Business Model That is a Match for You

Jun 29, 2018 By Marty Zwilling

It’s painful when you start a new business for the wrong reasons. As a mentor to aspiring entrepreneurs, one of my challenges is to make sure their idea is a match for them. For example, I have a friend who is a self-proclaimed “foody” who wants to start a restaurant, but really has no interest […]

Filed Under: Creating a Plan Tagged With: Business Model, Getting Started

Is Dropshipping Still a Viable Business Model in 2018?

Jun 5, 2018 By SmallBizClub

As you may already know, in recent years many online businesses have been closely tied to the dropshipping business model, using it as a means to help them grow and become more profitable. What is highly appealing to many entrepreneurs about dropshipping is that it allows companies to operate without needing to hold inventory, own […]

Filed Under: Creating a Plan Tagged With: Business Model, Dropshipping, Getting Started

How to Validate Your Innovative Product as a Business

Mar 23, 2018 By Marty Zwilling

In my experience with technical entrepreneurs, they work hard on creating an innovative and elegant solution, and assume that customers will flock to them (“if we build it, they will come”). The reality is that successful businesses these days require an equally elegant business model, with the right marketing, delivery channel, price, and target customers, […]

Filed Under: Making Your Business Official Tagged With: Business Model, Getting Started

5 Ways to Know if Your Small Business Has Franchise Potential

Jan 18, 2018 By Eric Bell

It’s important as a small business owner to evaluate different options to expand your business in the future. One choice that can be very attractive is franchising. It could allow your business to grow quicker than it might otherwise, without the kind of capital investment required if you do it alone. Taking your small business […]

Filed Under: Franchise Center Tagged With: Business Model, Franchise, Growth

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From the Editor’s Desk…

Small Biz Gems

“Nothing great was ever achieved without enthusiasm.” —Ralph Waldo Emerson
A lecturer, poet, and essayist, Ralph Waldo Emerson was the leading voice of the New England Transcendentalist movement of the mid-19th century, which valued insight over logic while also advocating for humanity’s inherent goodness. This revelation comes from the closing paragraph of “Circles,” a chapter in his 1841 book Essays, First Series.

“I insist on a lot of time being spent, almost every day, to just sit and think. I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business.”  —Warren Buffet

 

“I have not failed. I’ve just found 10,000 ways that won’t work.”  —Thomas Edison

 

 

“You can’t ask customers what they want and then try to give that to them. By the time you get it built, they’ll want something new.”  —Steve Jobs

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Run & Grow

Why Dropshipping Can be The Hallmark of Outsourcing for Your Business

May 19, 2022 By Efrat Vulfsons

convert-non-commercial-space-into-an-inspiring-office

5 Reasons Why Your Physical Office Layout Matters

May 19, 2022 By Boris Dzhingarov

3 Most Devastating Small Business Pitfalls (and How to Avoid Them)

May 17, 2022 By SmallBizClub

7 Ways to Improve Your Fleet Management Workflow

May 16, 2022 By Eleanor Hecks

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