When starting up your own business, you may think that the whole world is your stage but if you are smart, you will want to play to specific and well targeted audiences who share a one or more vital characteristics in common. There are at least six common ways to segment your market. Which one […]
It is a common problem when starting up your own business to assume that consumers want to buy the very thing that you have to sell. Most people do it but it is a very dangerous assumption to make. You may have had an incredible light bulb moment where your business future became clear to […]
If you are starting up your own business, it is not enough to simply open the doors and assume that customers will somehow find out about it and start buying. Although you may have the best top small business idea, it just doesn’t work that way. Those who do realize that you exist will often […]
I would like to share with you some more top small business ideas. These are money saving ideas to keep in mind during your business strategy implementation phase: Negotiate rent free periods on leased premises Buy second hand furniture and equipment to start Prioritise your spending so that you put more into areas that the […]
by Gary Weigh Business Coach Mentor Before you actually start up your own business and embark on your business strategy implementation, I want to talk about the incredible value of creating a budget for your proposed venture. Let’s say that you sell a line of home-made jewellery at $20 a piece and your gross profit […]
Click to listen to short introduction from Gary To all of you who harbour the small business dream, turn on your speakers, get to know me and use this blog as part of your business education. Gary http://www.garyweigh.com
by Gary Weigh Business Coach Mentor As you plan your business strategy implementation, remember the magic of stories. Business storytelling ranks up there with the top small business ideas. Stories build families and communities. They build emotional connections and it is well known that people buy largely on emotion rather than logic. Stories build faith […]
Building a small business is difficult to achieve all by yourself. You need friends in business as well. Indeed you can be self employed and put in a 10-hour day contracting your labour and expertise. But that is not building a business. It is buying a job. While you continue to do nothing but sell […]
There are a number of things to consider when starting up your own business from home. Here are six top small business ideas to think about when setting up from home: 1. Find a quiet work space Whatever you are doing from home usually requires quiet time to focus and concentrate. So the room you […]
At business strategy implementation time, the question of whether or not to take on a partner can arise for a number of reasons. The most common include: A shortage of cash at critical times such as startup and expansion Loneliness or lack of confidence A previous relationship that is appropriate to continue into business A […]