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How Do I Start A Small Business?

Strategy Driven

You can consider opening a franchise for any established company where you will only require to find a proper location and arrange funds for your operations. Will it be a personal need or a market need? It is important to have these answers before starting a small business. Having a solid ground of reasoning behind your idea.

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The Big Picture of Business – Community Relations and Cause Related Marketing Are Business Strategies, Not Sales Promotions: Determining the Right Kind of Tie-In Causes.

Strategy Driven

I recently stopped for lunch at a franchise restaurant. I went to their website, where franchise chains allege they want customer comments. The franchise owner later called. We’re a franchise,” he admitted. Franchisers should not sell sure-fire promotions to build sales as part of the worth of the franchise.

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What Social Entrepreneurs Can Teach Your Company's Future Leaders

Harvard Business Review

This striking gap signals an opportunity for companies: Secure a competitive advantage by building your employees' ability to succeed in the increasingly complicated labyrinths of today's — and tomorrow's — markets. In our experience, social entrepreneurs can be extraordinary role models in this regard.

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What Connects Coca-Cola, Lego, In-N-Out, Intuit, and Nike? Focus.

In the CEO Afterlife

Thanks to Coke’s global reach, brand power, bottling network, and single-minded focus, I’m betting on Coca-Cola sustaining this competitive advantage. They’ve never franchised. This vision establishes the principles for running a simple operation. never wanted to expand to 50 states. and going public? Now for the kicker.

Apparel 100
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Apple Versus the Strategy Professors

Harvard Business Review

Microsoft, meanwhile, killed its promising Courier Tablet three years ago because of fears that its incompatibility with Windows and Office would disrupt those money-spinning franchises. Microsoft's rise was also abetted by two other sources of competitive advantage: network effects and switching costs.

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5 Things Digital CMOs Do Better

Harvard Business Review

American Express does this, too, with its Open Forum site, which publishes editorial-style content for managers and operators of small and mid-sized businesses. National Football League franchise Atlanta Falcons’ CMO Jim Smith asks fans to “Rise Up”—and they do. of marketing spend. What do they use this for?