Market Orientation: What is it & How Does it Work? (The Complete Guide)
Earlier, the majority of businesses relied on the product orientation approach. Basically, they believed that as long as they produce high-quality products, they would earn profits. However, creating a product…
12 Work Management Software and Tools in 2023!
From task management to client management – there are tons of things that you have to manage and keep track of when you are running a business. And since there…
Design Proposal: What is it & How to Create it?
As a designer or a design agency, whenever you’re approaching potential clients, you need to make sure that they understand how awesome you are, and why they should work with…
10 Business Drivers to Grow Your Business!
There isn’t any magical formula for growing your business at a quick pace. Nonetheless, there’s something that can help you generate profits and keep your business thriving. We are talking…
VPN: Working, Benefits, Protocols & Role in Cyber Security!
The world has turned into a global village – thanks to the internet! Nowadays, almost every device requires a network connection to work efficiently. While this makes communication more effortless,…
Crisis Management Plan: Definition, Types & Steps to Create!
The crazy thing about running a business is that absolutely anything can happen at any time. And, unfortunately, emergencies and disasters are more common than you think. And the thing…
Feasibility Study: Definition, Types, Importance & Steps to Write!
Ever bought a house without getting an inspection done and carefully evaluating if it’s the right fit for you? Probably not. That’s because it’s typically the largest investment you will ever…
Work Breakdown Structure: Definition, Types, Importance & Process!
A project is a complex endeavor, and we all know that. There are just so many complex tasks and deliverables during the whole project lifecycle, and it can get a…
9 Risk Management Tools & Techniques You Must Try!
When we talk about business, we cannot go without talking about the risks that come with it. Because let’s face it, the moment a business is born, risks are also…
Price Skimming: Definition, 3 Types of Phases, Pros & Cons!
It goes without saying – choosing a pricing strategy is a huge decision for every business. Not only does it decide how much profit your business will make, but it…
Top 9 Inventory Management Software of 2023!
Have you ever been in a situation where you have run out of things just when you needed them the most? Like that time you reached into your bag of…
Business Markets: Definition, 5 Types (with Examples) & Characteristics!
We’re all familiar with what a market is. It’s any place where we can purchase items or get services, right? While this is true, it narrows our description of what…
The 9 Best Payroll Software For Every Business! (Free & Paid)
Your employees work hard for you and your customers. It won’t be wrong to say that your business is up and running because of the employees that are working for…
Gap Analysis: Definition, Techniques & How to Perform it?
We all have a rough vision of what we want to accomplish in life, right? Nonetheless, there are days when we feel like there’s a huge gap between where we are…
16 Sales Trends to Keep an Eye on This Year!
Imagine selling your products to customers by going door to door. This strategy might have worked 20 years back, but now it’s not even in the equation. In the present…
Retainer Agreement: Definition, Advantages, Types & Structure!
If you’re a consultant, freelancer, or any other service provider, you know how things work in your industry. One month, you’re earning thousands in recurring revenue. The next, your projects…
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