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.


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.


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.


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.


How To Get Small Business Funding

All funding solutions come with certain conditions. However relinquishing some control on the business is a lot better than agreeing with some giant interests. When considering how to get small business funding you should contact the Small Business Administration as they provide a lot of support for any type of small business.


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.


How To Write A Business Letter

When learning how to write a business letter give extra attention to the content. It should be organized in 3 concise paragraphed. Furthermore pay extra attention to the salutation formulas that you use. This basic letter structure can be used in any type of business letter. If you plan to enclose additional documents make sure to list them at the bottom of the letter.


Business Presentation

There are many things you need to take into consideration, when preparing a good business presentation; among the most important such aspects, we need to mention that it is essential to have a laptop at your disposal, where you can store your business plan and other important documents which you will need to present in front of your clients.


What is a Business Plan?

Wondering what is a business plan? If yes, you should find out that a business plan is more like a map which can show you from where to start with your business; moreover, business planning is all about positive results, no matter the business type you want to run, yet keep in mind that every business has its own particularities and thus the plan outlines and formats should also differ.


Business Ideas for Teenagers

If you are a teen and you are currently seeking the sites for great business ideas for teenagers that can give you a hint on what business to start and make your own money, you should know that you can establish a freelance writing business, if you like to write for many different topics, or you can build up your business around your web designing skills if you want.

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