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Articles from Mark Favre | Selfgrowth.com
- Why It Is Not Advisable to Not Have a Business Plan - by Submitted on Jul 12, 2018 from Mark FavreWhen you start a business, different people will advise you differently on how to turn your venture into a success. While it looks natural to have a business plan beforehand, do not be surprised if you find some people telling you to not have one. According to some, having a business plan limits ...
Views: 72 - Calculating Startups Costs before Approaching Investors - by Submitted on Jul 03, 2018 from Mark FavreIf you have a unique idea that you think can turn into a business, you should get ready to do some preparation before you take it to investors. When you present your idea, which might just be in a prototype form, to an investor, you have to be well-prepared to be scrutinized. Quite ...
Views: 73 - Here Is What Small Business Owners Should Know about Angel Investors - by Submitted on Jun 22, 2018 from Mark FavreWhen you have a small business, and you are serious about its growth and expansion, you have to use every option available to you to get the funds you need. In some cases, venture capitalists are not really a good fit for funding the startup or small businesses. They focus a lot on the returns ...
Views: 88 - Technology Trends That Are Crucial for Small Businesses - by Submitted on Jun 19, 2018 from Mark FavreTechnology is like blood for modern businesses. You don’t have to have a tech business to be reliant on modern software and hardware advancements. Instead, technology is at the core of all processes for non-tech organizations as well. From database security to expansion of operations beyond ...
Views: 107 - What Makes up a Perfect Business Plan - by Submitted on May 08, 2018 from Mark FavreWhether you have a small business or a large one, you have to have a business plan in order to set a path for it. A business plan is more like a manual or guide that lists your goals in an order, and how and when you will achieve them. It is even better to have a plan B if things do not work out ...
Views: 118 - What the Right Team Means for a Business - by Submitted on May 04, 2018 from Mark FavreJust because you have a small business today does not mean it is going to remain small forever. Of course, you have to work to expand your business and turn it into a company that serves a worldwide audience. Whenever it comes to the expansion of a project, the first few things that you mostly ...
Views: 125 - Importance of Location for Your Small Business - by Submitted on May 01, 2018 from Mark FavreIf you are thinking of starting a business that benefits from walk-in foot traffic, you have to pay attention to the location you choose. Whether it is a retail store, a motel, a restaurant or a spa, the right or wrong location of the business can decide its fate. Yes, some businesses reach the ...
Views: 118 - Small Businesses Must Understand What Marketing Means - by Submitted on Apr 26, 2018 from Mark FavreThe success of a business depends greatly on how effectively it markets itself, its products and its services. The real challenge with marketing is that it is one of the broadest concepts that any businessperson and entrepreneur have to deal with. Every business has its specific marketing needs, ...
Views: 159 - How To Keep Cash Flow Positive As A Business Startup - by Submitted on Apr 24, 2018 from Mark FavreOne of the biggest challenges for any business startup is the ability to have positive cash flow at all times throughout the year. When times get lean,and profits go down, you can feel a pinch in your working capital and need a way to build these monetary reserves back up to their peak. The ...
Views: 139 - The Challenges You Must Overcome to Turn Your Small Business into a Big Business - by Submitted on Apr 18, 2018 from Mark FavreYou might have a small business today, but you don't want that label for the life of your business. When entrepreneurs make endeavors, they are looking to create a business that will rule the world one day. However, every business has to face some struggles in the beginning that it must overcome ...
Views: 130 - Small Businesses Must Understand What Marketing Means - by Submitted on Apr 11, 2018 from Mark FavreThe success of a business depends greatly on how effectively it markets itself, its products and its services. The real challenge with marketing is that it is one of the broadest concepts that any businessperson and entrepreneur have to deal with. Every business has its specific marketing needs, ...
Views: 181 - 7 Tech Trends To Add To Your Small Business Startup To Attract An Angel Investor - by Submitted on Feb 02, 2018 from Mark FavreAngel investment is on the rise,and your small business startup needs to capitalize on all the opportunities at hand. Venture capitalists are on the hunt for business startups to invest in that are currently at the cutting edge of technology and taking risks with these advancements trends. You ...
Views: 189 - Small Business Loan Is Easy to Get If You Are Doing the Important Things Right - by Submitted on Jan 30, 2018 from Mark FavreWhen your business is in its starting phase, you need a loan to grow it. Yes, there are ways for you to start your business with very little capital, but even in the age of the internet you need loans for the growth and expansion of your business. Oftentimes, startup and small business owners ...
Views: 178 - Is It Possible Today to Start a Business under $1000? - by Submitted on Jan 24, 2018 from Mark FavreThere is always a lot of talk among people about how it is getting easier than ever to start a business today. Of course, the internet has opened new doors for aspiring entrepreneurs to experiment with ideas that were only close to impossible to execute in the past. It is not to say that only ...
Views: 191 - How To Attract Top Talent To Your Business Startup? - by Submitted on Jan 23, 2018 from Mark FavreFinding and securing top job candidates for your business startup is more important now than ever. You are competing against a variety of companies for the same potential employees,and job seekers have the upper hand in who they choose to work with. Your business startup needs to make an ...
Views: 167 - Trends That Will Make Your Business Thrive In 2018 - by Submitted on Jan 18, 2018 from Mark FavreA new year is here and along with it comes a new set of goals and purpose for your business startup. The trends of the year are already heating up, and your company needs to form early adoption to ensure you make the most of these moneymaking opportunities. Consider investing in these trends of ...
Views: 176 - No More Excuses for Small Business Owners for Not Growing Their Businesses - by Submitted on Jan 15, 2018 from Mark FavreWhen talking about business related issues, solutions, and technologies, you will almost always group businesses as small and large. While the separation is there, it won’t be wrong to say that in a modern where digital technologies prevail, it should not be a problem for small businesses to ...
Views: 171 - How To Make The Perfect Pitch To An Angel Investor? - by Submitted on Jan 08, 2018 from Mark FavreThe time has come for you to make your pitch to your angel investor. Everything you have invested into your business start-up rides on this moment, and it is up to you to make the best impression possible. While it can be easy to get bogged down in the details of your presentation, you need to ...
Views: 164 - 7 New Year’s Resolutions Your Business StartUp Needs To Make For 2018 - by Submitted on Jan 03, 2018 from Mark FavreWith the New Year on the horizon, now is the time to take stock of your business and make the necessary changes to ensure you have a successful 2018. While you may be making personal resolutions to lose weight, exercise more, or save more money, your business startup can also benefit from a set ...
Views: 218 - A Guide to Crafting the Perfect Startup Pitch - by Submitted on Jan 02, 2018 from Mark FavreAs an entrepreneur with a unique business idea, your most difficult task is to make others believe in your idea as much as you do. Your knowledge of your business and the passion for its concept reflects in how you pitch your startup. While learning comes from failures, your target should always ...
Views: 241 - Setting up a Small Business in 2018 – It’s Not All about How Much Money You Have - by Submitted on Dec 22, 2017 from Mark FavreWhen you think of starting a business, the first thing that comes to mind is money/capital. Of course, you need money to start a business, even if it is very little considering the fact how easy it is to start a business in the digital age. However, there could be many other factors that affect ...
Views: 292 - How Your Business Startup Can Take Advantage of the Holiday Spending Peak - by Submitted on Dec 12, 2017 from Mark FavreThe holidays are here, and your business startup needs to make the most of this selling opportunity. With holiday shopping expected to break $100 billion in online sales, according to a prediction by CMO, your business can take advantage of the holiday season by putting on its best face and ...
Views: 211(1 vote) - The Importance of Disaster Preparedness for a Small Business - by Submitted on Dec 07, 2017 from Mark FavreAny business, whether small or big, faces many challenges and some of the biggest challenges are in the shape of disasters, especially the natural ones. It does not matter which part of the world your business operates in; natural disasters are possible in every part of the planet. Floods, ...
Views: 239 - Creating A Positive Reputation For Your Business Startup - by Submitted on Dec 05, 2017 from Mark FavreThe reputation of your business startup is an important factor to the success of your company. For most businesses that are starting out, it is the lack of a reputation that is troublesome. Creating a positive reputation from the get-go is the first step in being a recognizable brand that ...
Views: 226 - Why the End of the Year Is the Perfect Time to Review Your Finances - by Submitted on Nov 28, 2017 from Mark FavreWhether you have a startup, a small business or a large enterprise, chances are the year has passed at the speed of light for you. You were designing your marketing campaigns, availing opportunities of growth and looking through reports when the year-end arrived. While people dedicate this time ...
Views: 232 - How to Form The Culture Of Your Business Startup - by Submitted on Nov 22, 2017 from Mark FavreRight from the very beginning of your business startup’s formation, you have already begun to create its corporate culture. Whether you have taken an active role in shaping it or allowed it to organically develop, your corporate culture becomes a part of your business based on your behaviors, ...
Views: 231 - Expansion Pitfalls All Small Businesses Must Avoid - by Submitted on Nov 07, 2017 from Mark FavreA great number of small business owners have a constant urge to expand. Of course, the mere idea of expanding and becoming a “big” business known to thousands and millions of people is fascinating. However, expansion is not all about finding a new office space and hiring new employees to fill ...
Views: 219 - Developing A Business Startup Success Strategies That Works - by Submitted on Oct 31, 2017 from Mark FavreIt can be easy to lose sight of the very reasons why you wanted to open your business startup. You can get wrapped up in the day-to-day operations, leaving little time to focus on what makes your business startup standout in the market. Having a strategy in place that allows you to keep you ...
Views: 219 - Small Business Should Invest in Big Data and Analytics - by Submitted on Oct 25, 2017 from Mark FavreBig data refers to huge volumes of structured and unstructured data; however, processing such massive volumes of data via traditional data management tools is inefficient and impossible. To understand big data you have to realize the devices that are collecting it today e.g. bar code scanners, ...
Views: 281 - Top Trending Markets For Business Startups - by Submitted on Oct 20, 2017 from Mark FavreAs a business startup, it is important to recognize the markets that are up and coming to help extend your business into these niches. It is also helpful for new startups looking for a business venture that will be successful and have some growth potential in the near future. There are ...
Views: 268 - Creating a Brand for Your Business Startup - by Submitted on Oct 17, 2017 from Mark FavreWhile you have been busy creating and planning your business startup, you need to take some time to consider what and who you are. This is your business’ brand identity and planning it early on can go a long way in developing the message that your customers will remember about your company and ...
Views: 228 - Cutting Costs without Reducing Your Team Is Indeed Possible - by Submitted on Oct 13, 2017 from Mark FavreOne of the things that many businesses around the world are notorious for is layoffs of their workers when they have to cut costs. It appears as though the least required asset for these companies is their workers. As brutal as it may sound, many businesses reduce their team sizes to reduce ...
Views: 208 - The Growing Cyber Security Risks for Small Businesses and How to Counter Them - by Submitted on Oct 06, 2017 from Mark FavreInteractivity and interdependence of devices are increasing with time as the concept of IoT (internet of things) strengthens with time. While IoT pursues maximum convenience for individuals and businesses, it has its associated challenges too. The more intertwined the modern devices become, the ...
Views: 335 - 8 Mistakes To Avoid When Pitching An Angel Investor - by Submitted on Sep 27, 2017 from Mark FavreThe secret to getting your business startup pitch accepted by an angel investor comes down to understanding where others before you have failed. While their attempts may have been fruitless, it doesn’t mean they yours have to be. Learning from their mistakes can give you the edge you need to ...
Views: 255 - Important Things before Pitching the Investors - by Submitted on Sep 06, 2017 from Mark FavreStarting a business is an exhilarating endeavor. The prospect of offering a product or service to the world, designing one’s own future, and creating a legacy are why many people step into the world of business. Yet, there are many mundane facets that must be addressed. One of these is obtaining ...
Views: 253 - Five people you should meet before you start a business - by Submitted on Sep 04, 2017 from Mark FavreAs a budding business owner who is about to venture into the entrepreneurship journey, one of the best things you can do to set yourself on the right path is meeting people. Of course, it is possible to start out all on your own but it is difficult to really go to far without having help from ...
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