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Location, Location - Choose It Wisely for Your Business

Choosing the best location for your new business is a critical decision not to be made in haste. Your first consideration for convenience and cost factors is contemplate the possibility of running your startup company from home.

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Basics of Business

Financing is one of the most important aspects of starting a new business. Your ability to raise adequate capital will determine the fate of the business venture. Insufficient financing may cause the business to fail.

Key Partners

Every company builds a collection of key partners.  Think of a partner as another person or business that helps your business be successful. Key resources and key activities may be provided by these partners. You will want to nurture relationships with your partners and be prepared in the event that something happens to your partners.

Key Resources are Essential to your Business Success

Whether you are identifying key resources as a part of a Business Model Canvas or simply trying to understand the things that make your value proposition successful, getting a sense of clarity about your company’s available resources allows you to scale, value, and utilize them as needed.

Think of Key Resources as Things

Simply put, your business’ key resources will either solve or cause problems during the daily operation of the company. Losing track of these key resources can cause your business to encounter previously unforeseen road bumps or lose a significant amount of capital.  Knowing

The Magic of Decluttering Your Operations to Boost Business Performance

Is a cluttered work environment keeping you from operating at your best as a business owner?

You might look around at your desk, office, or workshop and think everything’s in order. 

But clutter is more than just physical stuff taking up space. It can also be a cyclone of confusion, noise, or anxiety.

Cluttered systems and processes in your business can quickly drain your energy and keep you from operating at your best.

Let’s dive into a 5-step plan to clear operational clutter so you can perform at your best as a business owner and take your business to the next level.

Hitting “The Wall”

Creating a Value Proposition: A Key First Step in Building a Profitable Business

If you’re starting a business, you’ve probably already put a lot of thought into how it will serve customers and generate income for you.

But have you stopped to think about how you’ll explain that to potential customers? Or even to employees—whether you’re already hiring them or preparing to hire them in the future?

You need a clear, concise statement of what your business provides, and for whom.  This statement is known as a value proposition, and it’s a small but incredibly powerful tool in your business toolbox.

Let’s dive into the details of a value proposition so you can create one

Utilizing Outside Assistance

Some organizations which specialize in providing assistance to small businesses are discussed here: Download Guide to read more.


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Funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.

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