21st Century Quick Guide to Small Business Development
In the United States there are over 140,000 new business
registered every month. Unfortunately only a small fraction will be in business
in 5 years. Why is that? Will, not one simple answer obviously, but to start, run,
and grow a business today although there are unlimited opportunities does take a
combination of several factors to be successful. Business owners today are required
to gain at least some expertise or work with value added consultants in business
planning, capitalization & cash flow, sales & marketing, operations, customer
service, human relations, information technologies and analytics of all the above.
Of course, one must first have a product or service idea where there is a define
target market, an establish or perceived need and a competitive edge in their offerings.
The Internet has been described as the "ultimate business equalizer,"
which does have some merited. For the first time in history a small company can
afford to market globally. Not only has the Internet opened up growth opportunities,
but has also introduced a significant amount of tools, content and support services
to assist small business in saving time and money in their quest to be successful.
* Please Note: The following listed entities are not implied
endorsements by the Coach, but rather supplied in this guide as reference sources
on subject matter to possibly benefit your situation and help you save time in doing
so. Information listed below is deemed to be reliable. Please check with provider
for current offerings.
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