How to establish a business (part 1)
On the topic of how to establish a business, I already wrote in an article on how to organize your business. But since setting up a business is not the…

Continue reading →

What a business depends on - 5 digits that an entrepreneur must know (part 2)
5. Lifetime value of the client / Cost of attracting one client This indicator will allow you to understand how much you will get back from each invested ruble. In…

Continue reading →

How to make a marketing plan from 7 offers
Today a very short article will turn out, I think. Let's talk about how to draw up a marketing plan in 7 sentences. Perhaps the article will be voluminous, but…

Continue reading →

constantly making some changes

Production of decorative stone as a business idea

We will begin our consideration of this business idea with a short history. The first building material that was used by our ancestors thousands of years ago, and only in the twentieth century, began to leave the wide construction site – this is natural stone. Natural stone, of course, is different, and depending on the cost of extraction, processing, uniqueness of the stone itself, the cost of the finished material varies, but is usually quite high. The high cost, along with some other points (for example, a limited color range) casts doubt on the prospects of the natural stone production and processing business.

But there is a rather interesting option for its replacement, from the point of view of business, including. This is a decorative stone that has appeared in the last century. Decorative stone has several advantages over natural stone: Continue reading

Mistakes of novice entrepreneurs – 10 most dangerous (part 1)

The mistakes of start-up entrepreneurs are a real part of starting your own business. And you can’t get away from it, dear entrepreneurs, beginners and not really :-). Mistakes are an experience that is absolutely necessary on the path to success. All aspiring entrepreneurs make mistakes, and you will not be an exception. But this is not a reason to worry and, moreover, not to start a business. The simple question is whether you can learn from them.

Starting your own business is the most vulnerable period of doing business for many reasons. Accordingly, the mistakes of entrepreneurs are found here most often. And almost all are related to one of the following three aspects: Continue reading

The main tasks of an entrepreneur, or what and how to do if you are an entrepreneur (part 2)

8. Foresight
Are you not a psychic? Sorry. Well, let’s do it, then somehow differently. OK stop, seriously. No superfluous feelings are meant. Remember, we have already called control one of the main tasks of an entrepreneur. I said there that everything needs to be measured and controlled. So, from these your measurements you must draw some conclusions. To analyze and draw real, practical conclusions. And on this basis, try to give some kind of forecast. What can change, which way, when, etc., in your business, of course, you understand. The task is not easy, but nonetheless.

In general, taking this opportunity, I’ll say that, of course, you can not perform all the main tasks of an entrepreneur that are listed here. Just like at school, you know, they made 7 out of 10, you get a solid three. Continue reading

How to increase business efficiency or reduce inventory
Entrepreneurs always have the question of how to increase business efficiency. Efficiency in a small business needs to be increased constantly, looking for new ways and opportunities. And one of…

...

How to increase profits in your business (part 2)
How much will profit increase? Above, we have listed five methods for increasing profits. How much profit will increase depends on how effectively we implement all the changes in the…

...

Mistakes of novice entrepreneurs - 10 most dangerous (part 2)
Mistake # 5: impatience A common mistake of aspiring entrepreneurs is impatience. Business takes time, be patient. If you want to earn a million in the first month, hmmm ...…

...