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Category Archive for ‘Marketing’

Common Pitfalls Encountered by Small Businesses while Conducting Market Research

Risks are part of any business and with limited resources, business owners and entrepreneurs realize that risks needs to be calculated and mitigated. Employing market research helps at times to sort out risks involved in a business. The advantages of market research for small businesses range from finding hidden niches and preserving capital to building customer loyalty and identifying greater business opportunities. Before taking the initiatives to understand customer needs and wants through market research, it is important to identify common pitfalls and challenges encountered by startups and small businesses. High Costs:  The biggest challenge small business owners face is

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Organic Growth Strategies for Start-ups

Every business should have a specific growth strategy in order to survive, progress and earn revenues. Businesses without growth strategies can be hit by unexpected adversity. A growth strategy can be organic or inorganic in nature. While usually acquisition strategies are undertaken by more mature businesses, investors typically look for organic growth numbers to review and evaluate the overall development of a new company. Organic growth for a business is a balanced and step-by-step technique created through the utilization of its own resources, leading to a sustainable increase in sales and revenues.  It is also very important for an organization

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An Entrepreneur’s Dilemma- When to scale up your business

Over the years of our working with entrepreneurs, we have noticed that while there is generally a robust understanding about the start up process and funding requirements, things seem to taper down when it comes to scaling up of the business. While a valid argument is that entrepreneurs seldom get time to think about the “next-step”, in essence it is essential to plan for expansion early in the business life cycle. A robust business plan where key milestones and triggers are well defined goes a long way in supporting this process. Typically, most start up enterprises goes through a series

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Solving The Startup Puzzle – what every ENTREPRENEUR must do

Entrepreneur’s Roadmap – Idea to Implementation

Off shoring or Apt shoring – BPlanExperts bridges the great divide for entrepreneurs and small businesses

Over the past couple of years BPlanExperts has been working with entrepreneurs and small businesses to define and execute state of the art business plans. As one of the global leaders in business plan consulting, BPlanExperts has successfully delivered over 300 projects across 50 countries.  By using its robust and cutting edge methodology, BPlanExperts has bridged the divide between off shore transactional activities and onsite consulting support for startup organizations and small businesses. From web enabled technology businesses to bio pharma manufacturing, the team at BPlanExperts has worked with entrepreneurs from across a wide range of domains and industries. Traditionally,

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Business Planning & Startup Strategies

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