Developing A Marketing Strategy For Small Business

If You Have A Marketing Strategy in Place, Selling Becomes An Easy Task. Having a marketing strategy will play a crucial role in the success of any product or service. No matter your innovation or the ingenuity of your offering, if customers do not get to know about it, there is no way it will sell.  “Doing business without advertising is like winking at a girl in the dark.  You know what you are doing, but nobody else does”, said Stuart Henderson Britt. Marketing is all about putting the right product in the right place, at the right price, at the right Continue ReadingDeveloping A Marketing Strategy For Small Business

Understanding Margin of Safety in Business Plan

Margin of Safety is a term every small business owner must learn and understand. Margin of safety(MOS) is the amount by which your budgeted or actual revenue has to drop before you reach your breakeven point. In the other word, it is the excess of budgeted or actual sales over the break even sales figure. To calculate Margin of Safety, you will subtract the breakeven sales from the actual sales or budgeted sales. It depends on the figure you are working with. Then you divide the result by the actual sales or budgeted sales.  That is: Margin of Safety  =  Continue ReadingUnderstanding Margin of Safety in Business Plan

How to Start a Clothing Business

Learn How to Start a Clothing Business With Low Capital and Without Experience. You can easily learn how to start a clothing business if you have interest and determination to succeed. Learning how to start a clothing business is not totally different from learning how to start a different line of business. You should have that business approach for you to succeed. Why Must You Learn How to Start a Clothing Business? It is easy to learn. If you are serious about it, you can easily learn how to start a clothing business. Some people start without any experience and Continue ReadingHow to Start a Clothing Business

How to Start a Beauty Product Business

How to Start a Beauty Product Business. This article provides a guide on how to start a beauty product business. Starting a beauty product business can be a good one for you if you have inclination towards beauty in general. Everybody wants to look good and attractive. In one way or the other, an individual will need beauty products to maintain his skin or body. That is why there will always be a market for beauty products. If you want to go into beauty product business, the following factors will play important roles in whether the business will succeed or Continue ReadingHow to Start a Beauty Product Business

How to Start Gourmet Popcorn Business

Gourmet Popcorn Business is high profit yielding business idea. Gourmet Popcorn Business is among the small business ideas you can start with little capital investment. Do you know that there are many small businesses that people don’t count but yield a very high return? Gourmet Popcorn Business is one of them. The fact that Gourmet Popcorn business offers high returns on investment makes the payback period very short. This means that even though you don’t have your own money to start the Gourmet Popcorn business. You can quickly borrow from friends and relations and guarantee the repayment of the loan within Continue ReadingHow to Start Gourmet Popcorn Business