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Best Practices To Starting an Optometry Practice

Strategy Driven

When choosing a location, you should ask yourself these two questions: is the market already saturated and is there a potential for growth. Invest in Marketing. You should also invest in training and developing your employees. Spending too much on high-end frames can overload your inventory and deplete your working capital.

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Creating Michelin-star Quality for the Masses

Harvard Business Review

But it's this set of beliefs that explains why Western companies fail to succeed in emerging markets where middle class consumers demand good quality at low prices, and why these companies struggle to develop value-for-money products for their home markets during slow growth times like these. Operating such restaurants is expensive.

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A Playbook for Making America More Entrepreneurial

Harvard Business Review

The type of capital required and its source depends on the type of business, its stage of life, and its strategy for the future. A supplier might need a working capital loan to finance a big order. The types of capital generally split into two areas: Debt and Equity.

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Don’t Turn Your Sales Team Loose Without a Strategy

Harvard Business Review

When formulating a strategy, markets and segments are important categories to consider. But a market never buys anything. And, since they were spread out across a geographically diverse area, they represented a large enough market to support renewed profitable growth. Only customers buy. It did this in a few ways.

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How Banks Should Finance the Social Sector

Harvard Business Review

Financial markets are not working for charities and social enterprises today. As a result, charities and social enterprises do not have the cushion of external financing to manage their various capital requirements. Like any small business, they need working capital to balance out the peaks and troughs of their business cycle.

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How One CEO Grows Her Business with Feeling

Harvard Business Review

What do you think causes millions of people to miss work and school in developing economies? Minimal professional training? Because the "unmentionable" subject of menstruation is taboo, the market failure — supplying cheaper pads — had never received the attention it deserved. Lack of childcare?

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My First, Failed Foray into Venture Investing

Harvard Business Review

And because my husband and I were the providers of working capital, I had the luxury of being cavalier. What I learned from this disastrous magazine venture is that we need to do a thorough SWOT analysis not only on the market opportunity, but also on our partners. No, no, no , I cried. We'll figure it out," I would tell her.