By Travis Buchanan - February - 12 - 2014 - Comments Off on What is Management Consulting

The practice of management consulting focuses on increasing a company’s productivity, by providing strategy development services, change management assistance, coaching skills and improvement services. Most companies hire external firms, but some develop internal consulting groups.

  By Travis Buchanan - November - 19 - 2013 - Comments Off on Famous Entrepreneurs

There are many famous entrepreneurs, people who managed to rise from their condition and build an empire almost out of nothing; find out more about the various successful entrepreneurs and learn how they achieved their success and glory.

  By Travis Buchanan - October - 21 - 2013 - Comments Off on 6 Types of Business Funding

There are many types of business funding available for entrepreneurs that wish to start a business or grow an existing company. Peer-To-Peer Loans is one of the newest funding systems and mezzanine finance is a combination of equity and debt financing. Find out more in this article.

  By Travis Buchanan - October - 15 - 2013 - Comments Off on What Is Social Entrepreneurship?

A lot of people notice the problems within a society but few ever bother to do something about them. If you are wondering what is social entrepreneurship the answer is pretty simple. It is a concept that is aimed towards building a new society by whatever means are possible. Such entrepreneurs are innovative people who find solutions where others only see problems.

  By Travis Buchanan - August - 22 - 2013 - Comments Off on What is an Entrepreneur?

Nowadays, having a great explanation to everything is able to convince your psychic to do many things, as well as putting you up to work. In case you ever wondered what is an entrepreneur, you are about to get the best understanding of it! Keep an eye on the following lines to find out more!

  By Travis Buchanan - August - 22 - 2013 - Comments Off on How to Become an Entrepreneur in 5 Steps

If you want to learn how to become an entrepreneur, the first step you need to to is come up with a great idea for your business. Do some research so you find out if people are interested in your product and proceed by creating a business plan. The next step is to get financed. Meet others entrepreneurs so you learn the way they think.

  By Travis Buchanan - June - 23 - 2013 - Comments Off on Business Model vs. Strategy

When considering the business model vs. strategy dilemma you need to remember that although these concepts may seem similar they are quite different. A model is focused on how to make money by bringing value to a client. On the other hand a strategy aims to find ways to deal with the competition.

  By Travis Buchanan - June - 12 - 2013 - Comments Off on How to Get Free Advertising

If your company isn’t going so well or you just started a new business, free advertising is a great way to make yourself visible. If you don’t know how to get free advertising, start with conventional methods and contact local newspapers and radio stations. Online advertising is very efficient and a simple phone call can make people feel important.

  By Travis Buchanan - June - 11 - 2013 - Comments Off on Definition of Management

A definition of management is given by Mary Parker Follet, one of the first women to address management issues. She describes the concept as the art of getting things done through people. A similar definition is given by Harold Koontz, while Henry Fayol considers that to manage means to plan, forecast, coordinate, control, organize and command.

  By Travis Buchanan - May - 31 - 2013 - Comments Off on How To Address A Business Letter

When learning how to address a business letter you should do some research on the recipient. Call the targeted company and speak with the human resources department in order to find out the name of the decision maker that you need to contact as well as his marital status and hierarchical title. Men, women, doctors and church representatives need to be addressed in different manners.

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