“It takes money to make money” is a phrase that most entrepreneurs have heard – and lived. Yes, there are many business models that can be started on a shoestring, particularly in some service industries, but often a new or growing business will require an injection of capital in order […]
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Starting a business is no easy task and not for the faint at heart. But there are many areas you can focus on to help ensure your business stays afloat beyond its first year and continues to succeed for years after. According to the U.S. Bureau of Labor Statistics, more […]
by Stephanie Willis, Kansas SBDC Advisor Sales Solves Everything! The key to a successful sales and growth strategy is a process. As illustrated in the below graph in a study by Hubspot, companies who defined their Customer Journey and sales process achieved: Greater Return on Marketing Investment Improvement on Sales […]
by Darren Fichtner, Kansas SBDC Advisor Do Not Let a Recession — or Fear of It – Alter Your Growth PlansIf your business is on a growth trajectory, don’t let the recession stop you. Entrepreneurs, by nature, are risk-takers, after all. You may have to be willing to endure some […]
3 Tips on How Knowing Your Numbers Relates to a Successful Business Model Advice from an Advisor Darren Fichtner What numbers should I measure? There aren’t a set of hard and fast rules that apply to all businesses. Knowing the best numbers to measure for your business will be impacted […]