The most successful small business development strategy is marketing. According to statistics, those small enterprises that have relied on him feel good and are growing. The main problem of small business is the lack of customers and marketing solves it better than others. For this reason, competent small business owners choose marketing.
Best Small Business Development Strategy
Marketing is not only a “lifesaver” at a time when small businesses are in distress, but also a kind of “leaps and bounds” that can significantly accelerate the growth of a small company. This property of marketing is due to the fact that it allows you to maximize the concentration of resources and efforts precisely on the growth of the company, without allowing them to be wasted. Continue reading
Several types of economies are known, and one of them is post-industrial. The transition to a postindustrial economy is one of our possible prospects if suitable conditions arise for this. They may or may not add up, respectively, the transition may or may not take place. It depends on many factors.
Transition to a post-industrial economy
Each type of economy is based on something. The hunting and gathering economy is built around prey: the search for berries, mushrooms, roots, nuts and other edibles, as well as hunting and fishing. This is the first level of the economy. A ticket to it is the ability to collect and hunt. In such an economy, who is better than others who can find food and hunt, is the elite. Who does not know how, he is on the sidelines. The second level of the economy is agrarian. The agricultural economy is built around the cultivation of food. Continue reading
The goal of any businessman is to have a profitable business. In order to build such a business, you need to know what profit is inherently. It seems that everything is clear here – profit is a positive difference between income and expenses for the production or acquisition and sale of goods and services. Accordingly, if you want to make a profit, you need to increase this difference.
How to build a profitable business
But if you increase the difference, then it may happen that no one will buy anything at all. Why? Because in fact, profit is the difference between the cost of producing or purchasing and selling goods or services and the value of these goods and services. Continue reading