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Key Considerations for Small Businesses: What You Need to Know

Strategy Driven

Building robust customer relationships fosters loyalty and generates positive word-of-mouth marketing, a priceless asset for small businesses. Consult legal professionals to ensure your business structure is sound, contracts are well-constructed, and you are aware of industry-specific regulations.

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Should You Back That Innovation Proposal?

Harvard Business Review

The first comes from a team of young entrepreneurs hoping to bring word-of-mouth marketing to China. The team’s concept is unproven, and the entrepreneurs admit they have no idea precisely how big their business will be. Finally, check the degree to which team members have personal experience in the target market.