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Run & Grow

How to Increase Profits by Focusing on the Needs of Customers

How a water softener company boosted sales with moves as simple as changing its ecommerce platform

"Growing a small business is hard. If it were easy, everyone would have a business,” says Tom Tarasiuk, who knows firsthand the difficulties that small businesses go through when they try to succeed at online marketing.As president and owner of Discount Water Softeners, ...

by Brian Hughes  | June 01, 2017 06:00:00
Run & Grow

25 things to do now for better business in 2017

Whether 2016 was rough or a banner year, there’s lots you can do now to make next year better

As 2016 winds down, it’s time to start planning for 2017. For business owners, this means getting financially prepared for the new year by following 25 ways in order to keep your business up-and-running for the long haul. 1. Revisit your business plan.If ...

by John Rampton  | November 25, 2016 09:00:00
Startup Tips

7 problems preventing your business from being profitable

Low prices, excessive ongoing costs, inconsistent revenues ”" what's your business' core issue?

There are many reasons to become an entrepreneur, but no matter what yours are, even if they don’t include getting rich, your business still needs to generate a profit.Without one, you can’t keep the doors open, and you can’t keep doing what you ...

by Jayson Demers  | November 23, 2016 05:00:00
Startup Tips

The 4 easiest ways to make your business make more money

Is the business earning? You’re in business only if your answer is ”?"yes”.

Every entrepreneur goes into business for the purpose of making profit. You need to make a profit. Otherwise, you’re not a business – you’re a charity.Still, despite this obvious rule, some wannabe entrepreneurs get lost along the way. They get caught up in the "busyness" of ...

by Sujan Patel  | August 18, 2016 02:00:00
Run & Grow

OFW Advice (Part 5): Take taxes into consideration

Arm yourself with a little knowledge, so tax expenses won’t become the downfall of your business

If you are an OFW thinking of using your hard-earned earnings to put up your own business here in the Philippines, probably the most important piece of advice I can give you is this:  Do NOT overlook the BIR and the effect ...

by Entrepreneur Staff  | July 22, 2016 03:00:00
Run & Grow

4 tips to balance growth vs profitability

Finding the right balance means leading your organization to success.

Where do you fall right now on the growth vs. profitability spectrum? Many CEOs will push growth at all costs. After all, high-growth companies are often dramatically more valuable than slower-growing companies in the same industry. However, if as revenue grows profit ...

by Joel Tramell  | April 22, 2016 01:00:00