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Why Customer Feedback is Vital for Business Growth

Customer feedback is vital for any business. Experts believe that a single negative feedbackhas the capacity to lose more than 20% of a company’s customers.And about three to four such feedbacks can push nearly 70% of potential customersaway—a scenario any business would find hard to recover from Customer feedbacks are opinions that consumers provide about …

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Role of Market Research In Successful Business Launch

Market research is a very important aspect for businesses to thrive in, especially in today’s world of cut-throat competition. Most businesses enjoy long-term success with owners carrying out regular market research to keep tabs on their target clientele, spot consumer pain points and identify competitors For many businesses, market research is an essential tool to …

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The Pros and Cons of Bootstrappingvs Seeking Investment for a Startup

Launching a new business requires money. And business owners have two main options for raising funds—bootstrapping or looking for investment. Bootstrapping is the use of personal financeor revenue created by your business to fund its growth and seeking investment is raising capital from external sources, such as banks, venture capitalists and so on Both approaches …

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The Power Of Branding How To Build A Strong Brand For Your Biz

Branding is essential because it helps you to stand out in a crowd, especially in today’s competitive market. Branding makes your product recognizable, preferable,valuable, credible, influential and much more. These advantages can make branding a fantastic marketing strategy for you to succeed in the long run. A brand is not simply a name, but an …

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Tips on Networking How Entrepreneurs Can Nurture Ecosystems For Business Growth

Networking is valuable for all business professionals, but especially so for entrepreneurs. When starting out, a business owner’s network can provide vital opportunities and support that make all the difference between a successful venture and a failed one. Networking is all about building professional relationships and creating relevant contacts that assist you to achieve your …

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How Best To Give Back To Community What You Get From It

Entrepreneurs or business owners like me have many roles to play from creating innovative business ideas to forging new frontiers for the organization to helping employees reach their dreams. But, in all these activities, there is one that gives entrepreneurs the maximum satisfaction dedicating time and energy to social work or giving back to the …

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