Growing a Business from Nothing: 5 Practical Tips

In today’s digital age, there are more opportunities than ever for budding entrepreneurs looking to set up and grow a business from nothing. The Internet makes the world a smaller place and opens global markets to everyone, and barriers to entry and startup costs for web-based companies are lower than ever.

However, this has encouraged a fiercer competitive market across all industries, where only the strongest can survive. According to some oft-quoted research by Bloomberg, an astonishing 80 percent of new businesses fail within the first 18 months.

Nurturing business growth

What are the essential steps to ensuring that your new business stays in the top 20 percent for a successful and thriving future?…

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6 Practical Steps to Grow Your Small Business

How do you turn your small business into a major corporation? You may have a brick-and-mortar business, or you may have a digital business, or you may have an offline business with an online presence. Regardless of the business structure of your company, it is possible to gradually grow it into a large business.

Managing business

On the surface, it may not appear self-evident how to grow a small business into a big one? Should you just borrow more money and amplify what you’re doing? Should you create new income streams? Should you try a combination of both strategies?

Unfortunately, it’s not that simple to transform a business.…

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The First Five Things You Should Consider When Your Business Starts to Boom

Everyone who starts a business does so with a dream in mind; however, very few actually make that dream a reality, let alone a profitable one.

However, what happens when the seemingly unthinkable happens and the money actually starting rolling in?

Startup growth

Oddly enough, raking in the dough as an entrepreneur can be both a blessing and a curse. After all, there are plenty of options on the table which can be quite daunting as a business owner.

For example, is it best to conduct business as usual and pretend like your profits aren’t even there? Should you immediately invest the money back into your business?…

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