Exit Strategies For New Ventures

Exit strategies for new ventures

Probably you focus on building your business more than paying any attention to the planning of leaving it – one day. But failing to plan for your transition out of your business can result in undesirable results. Turning the page is never easy, but it's a reality entrepreneurs often has to face. The first step in a successful business succession planning process is to look at the available options and decide…

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Business Development By Accessing New Markets

Business Development by Accessing New Markets

Part of a company’s marketing plan may be to tap into new markets. A new market may involve selling a product or service in a new region or country, or it may involve targeting a new segment of customers. Either way, the execution of business development tactics in getting into new markets involves a great deal of research on the part of the business owner, investors and employees. Considerations When…

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Innovation, Your Best Friend

Innovation, your best friend

Innovation is one of the most important investment a long-term focused business owner can do. It is simple by the time at once new technology or new market is getting modelled and once new markets are getting saturated by the time. Innovation is attempted to answer the latest and always evolving requirements of the Customer and it also brings benefit that it is hard to copy by the competitor. The…

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3 Business Valuation Methods

3 Business Valuation Methods

There are many reasons to have an up-to-date business valuation. For example: You may need to sell the business due to whatever reasons You may need equity financing for expansion or due to cash flow problems. Potential financiers or investors will want to see that the business has sufficient worth. You may be adding shareholders Regardless of the reason, how much your business is worth depends on many factors, from the current…

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How About Business Development ?

How about Business Development ?

Few times in history have more ambiguous words been spoken.  Ask ten Manager of Business Development or similarly business card-ed folks what is business development, and you’re like to get just as many answers. “Business development is sales,” some will say, concisely. “Business development is partnerships,” others will say, vaguely. The assortment of varied and often contradictory responses to the basic question of “what, exactly, is business development” reminds me of the way physicists seek to explain what, exactly,…

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