7 Ways to Keep Your Business Going in Difficult Times (COVID-19)

7 Ways to Keep Your Business Going in Difficult Times (COVID-19)

Business, Covid-19, Economy, Start-Up
As we have seen from the recent fallout of COVID-19, small businesses are at the mercy of the global economy. Business might be great one day, and in the span of 24 hours, you could lose your entire customer base due to catastrophe. Organizations can face different obstacles they will need to overcome to ensure their survival. Just when everything appears to be running smoothly, a business can experience a nasty surprise that can damage its operations, finances and/or reputation. If you want to help direct a business out of hardship to ensure its longevity, read the following seven ways to get through any tough time in business. Look at the Big Picture People have a tendency to attack the most obvious immediate problems with vigor and without hesitation. That’s…
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e-Commerce Business Plan

e-Commerce Business Plan

Business, Start-Up
In the very beginning of the planning stages, it’s a good idea to develop a framework for your business model. There are many ways to sell products online and different business models to pursue. The exact business model you follow will be one that makes the most sense with your resources, skills and interests. In order to create the best online business plan with your product in mind, you need to figure out the following things: What Are You Selling? Physical Products: Clothing, shoes, home goods and etc.Digital Products: Software as a Service products, e-courses, e-books and etc.Services: Consulting services, home cleaning and etc. Who Are You Selling To? Business to Business (B2B): You are selling to organizations, corporations, and non-profits rather than individual customersBusiness to Consumer (B2C): This means you are selling to individual consumers rather…
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