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8 Valuable Business Lessons From The Shipping Tycoon Cornelius Vanderbilt
Cornelius Vanderbilt Was A Shipping Tycoon and A Titan of Industry Whose History Contains Many Valuable Lessons for Small Business Owners.
The 5 “C’s” of Credit
When a business approaches a lending institution about debt financing, the lender conducts an evaluation of the borrower using a method known as the 5 C's of Credit
Key Partners and Your Business Model
When considering key partners, you must consider the following questions:
- Who are your key partners and who are your suppliers?
- Which key resources are you acquiring from key partners and suppliers?
- What key activities do your key partners and suppliers perform?
How to Achieve a Word-of-Mouth Epidemic
Word-of-mouth marketing is not just making a good product or delivering a good service, and magically your clients will tell their friends how great you are, which will, in turn, lead to a greater number of sales. To achieve an epidemic you must employ some specific strategies.
What You Need To Know About The Debt Continuum
Within the world of debt financing, there is a continuum, as different lenders have different appetites for risk and reward.
Self-Weeding Your Economic Garden
Do you get calls from vendors nearly every day trying to pitch you on their products or services?
Why You Need To Understand Your Credit Score
When entrepreneurs look at debt financing, their credit score (FICO) plays an important role in being able to get a loan. Essentially, a person's credit score is computed on five dimensions, each with a different weight.
How Responding to Popular Fads will Destroy a Business
Have you ever discovered something new and thought “What a great idea for a new business?” Often the signals you observed are only part of a short-lived fad.
Do You Understand the Attitudes and Behaviors of Your Target Demographic?
A person’s age and life-stage can help predict their purchasing decisions. There are a few more specific generational dynamics that can provide a clearer picture of their economic drivers
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