article thumbnail

8 Straightforward Ways to Improve Your Small Business

The Startup Magazine

There are so many businesses around us, and to stay in the game, you need to think of ways to improve your small business revenue. It’s important to remember that every small business needs a different approach. Here are 8 straightforward ways to help you improve your small business.

article thumbnail

What Is a Business Model? Business Models Explained

Up and Running

Airbnb is a well-known example of the marketplace business model. Understanding the problem you are solving for your customers is undoubtedly the biggest challenge you’ll face when you’re starting a business. But, ensuring that your product fits the needs of the market is only one part of starting a successful business.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Your Small Business Should Focus on Younger Customers

Up and Running

Targeting is a core concern for small businesses. But there’s an audience segment that every small business (at least, those that don’t focus on age-related products like stairlifts) should target: young people. You’ve heard all the sales pitches and lofty claims before, and you’ve developed a snap reaction of disbelief.

article thumbnail

10 Proven Ways to Grow Your Small Business

Up and Running

If your sales have recently hit a plateau, check out these 10 proven methods to continue growing your business. You went through the process of identifying a target market when developing your business plan. But now you have an active customer base that you need to engage with and in the process improve your business.

article thumbnail

“Small Business” Does Not Mean “Disadvantaged”. Here’s Why.

YoungUpstarts

Every small business should be focused on the future, and that means building innovation into internal processes. One of the ways this can be achieved is through immersion in developing technologies, particularly the internet. Innovation requires businesses to rethink how their resources can be used. by Lewis Robinson.

article thumbnail

8 Reasons Having a Business Plan Is Important for Small Businesses

Up and Running

You don’t need to write a 200-page document, but you will need something to hand to your banker or investor that shows that there’s a market for the problem your business solves and includes your key financial statements and forecasts. . Having a solid business plan is going to help you make the case for a higher valuation.

article thumbnail

8 Reasons Having a Business Plan Is Important for Small Businesses

Up and Running

You don’t need to write a 200-page document, but you will need something to hand to your banker or investor that shows that there’s a market for the problem your business solves and includes your key financial statements and forecasts. . Having a solid business plan is going to help you make the case for a higher valuation.