5 Success Lessons from Henry Ford
He was an incredible inventor, who received 160 patents in the USA and made it possible to enjoy new-generation cars. Here are 5 lessons Henry Ford learned from his career path.
Quick Overview of a Business Plan
Continuing out business plan thread we’ll now dig a little deeper and give you a quick overview of a business plan. We will quickly look at each of the elements and sections which compose a good business plan. Cover Pages of a Business Plan The cover pages of your business plan should include the all-important […]
Lost in Translation – Business Jargon Interpretation
Sometimes you will write things that may sound great and reasonable to you, but to the reader, those same statements will mean something totally different. Your text will be lost in translation. That’s why you should be vigilant to double meanings and other connotations of your business language. Now is your time to master the […]
How to Define Your Target Market Customers
A part of your business plan is to define your target market: you need to describe who your target customers are to successfully market your goods or services towards them. Today we are going to learn about how to define and describe your prospective customers in your target market. First of all, what is a […]
What is the Difference Between Addressed and Addressable Markets?
We brought up the business plan jargon “addressable market” when we were talking about defining your target market. Here we will discuss the difference between addressed and addressable markets. The addressable market is the largest part or group of individuals of the market which your business can target. It is the group of people who […]