Why Innovation Matters

[tweetmeme source=”LessonsInBiz” only_single=false]Have you ever wondered companies launch new products every now and then even though they already have a killer one which shoots their sales to the roof? Innovation is a must especially in the cutthroat business industry. Whatever size or stage your business is in, you need to be ready to revolutionize the way you run it and more often than not, revolutionizing it means repackaging your products and services.

3 Lessons to Learn From Chinese Small Business Owners

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The Chinese people are rapidly being known worldwide because of their relatively cheap labor prices. Apart from that however, the Chinese are well-known in the business industry for the qualities inherent to them which makes them good business leaders one can emulate.

The Relevance of Proofreading to Your Business

[tweetmeme source=”LessonsInBiz” only_single=false]Have you ever read a blog post or a tweet that contains more grammatical and spelling errors than a 5^thgrader’s creative writing article? If you have a blog, don’t you just automatically delete comments which don’t make sense at all? I mean, yes, what they’re saying may have a point but it looks to be so poorly translated that it gives you a migraine just reading it.

5 Ways to Business Networking Success

[tweetmeme source=”LessonsInBiz” only_single=false]It’s great that amidst the social media hype, there are still social networking activities which do not only focus on a business’ online reputation. Local businesses have as much chance to meet with like-minded people in their community in a face-to-face setting. Don’t get me wrong, social networking sites are a great help since it has a larger scope but it is equally important that small business owners get more involved in personal commitment within their own community by being physically present in both general and exclusive events.

4 Things You Need to Understand About Your Customers

[tweetmeme source=”LessonsInBiz” only_single=false]Maintaining a good relationship with customers is vital to business. This is one aspect that small businesses can take directly to the bank. So how exactly can a small business owner ensure customer loyalty? One doesn’t need to have a degree in psychology to analyze what your customers want. It’s as basic as putting yourself in their shoes. We have all been customers. We patronize specific foodchains, stores and yes, even websites. Something about a certain retailer earns our loyalty that we keep coming back.

Copyright Infringement and Your Business

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Business is an economic system in which goods and services are exchanged for money (usually, unless otherwise stated) on the basis of their perceived worth. Every business requires some form of investment and an increasing number of customers to whom its output can be sold at profit on a consistent basis. But in the quest to increase your profits, are you sure that there are no laws that you go against?

Simple Tips for Mompreneurs

[tweetmeme source=”LessonsInBiz” only_single=false]Mothers who manage their own businesses (mompreneurs, as we like to call them) are in a league all their own. It is simply amazing how women can juggle taking care of their family and running a business. In research conducted by Regus, data shows that some companies are hesitant to hire working moms. This is probably one of the driving forces that lead mompreneurs to start their own business!

Tips to Improve Your Networking Skills

[tweetmeme source=”LessonsInBiz” only_single=false] Social networking is a common enough concept that small business owners understand fully. However, a call to action is needed because entrepreneurs need to do better to be better. It’s not enough that you have a steady following, the reason that networking sites and events are increasing in number is that there’s never enough networking to do.

It goes without saying that the wider your network is, the higher likelihood of your business to be successful. Entrepreneurs need to be in constant motion, perfecting their skills.

Winning in Small Business: It’s All About Strategy

[tweetmeme source=”LessonsInBiz” only_single=false] Succeeding in business cannot be left to chance. The approaches and tactics you come up with to improve your enterprise is all because of a strategy that you’ve already thought of which you think would help in running your company. Without a sound strategy, your small business would join the growing statistics of doomed businesses.

Strategy is critical to any business because it would give you a perspective on where you want your business to be and how it would get there. Too often, small business owners are too wrapped up in managing their businesses that creating a strategy for long-term and short-term success is delayed or worse, not done at all.

The Rise of Small Business Bloggers

[tweetmeme source=”LessonsInBiz” only_single=false]Marketing your brand is not just about having people tell others how great it is. It’s not just about paying for expensive ads or getting models and celebrities to talk about you. It’s about social engagement.

Reaching out to other entrepreneurs and customers and making yourself (and your brand) heard through blogging is a marketing concept that’s taking the web by storm. People now are quick to judge whether an email or a post is spam or not judging by the content. If the post or the email you get is a sales pitch, chances are you delete it right away. So what’s wrong with a sales pitch? Nothing except that people are rarely sold out on your idea. Why? For the simple reason that they don’t know you.