Taking the Guess Work Out of Quota Setting: And how to avoid 5 common mistakes

Quota problems are consistently near the top of the list of sales compensation challenges for most companies. A team can painstakingly work through each step of the sales compensation design process and create a great plan that can be wrecked by poor quota setting. Given the choice, I’d rather have a good sales compensation design and a good quota-setting process ...

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What are the Rights & Responsibilities of Businesses?

What’s the most condescending facet of adulthood? Rights and responsibilities. Adulthood comes with tonnes of rights and responsibilities that we owe to people and the community around us. These rights and responsibilities increase ten folds when you have taken an entrepreneurship venture upon your shoulders. Because you are affecting a lot more people directly and indirectly, you become partly answerable ...

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8 Entrepreneurs Discuss How to Handle Taboo Topics in Business

It used to be an unwritten rule that you don’t discuss certain topics in business. Those were generally politics, religion and sexual orientation. While there might have been other topics for specific industries, those were usually the topics that shouldn’t be discussed at any time. We decided to ask some entrepreneurs and business owners what they thought were the taboo ...

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20 Entrepreneurs Share Their Best Business Advice

No matter how you look at it, starting a business is hard. One of the hardest things you may ever have to do. There’s the business plan to think over, a name, government policies to consider, how it will affect your family, finances and the list rolls on from there. Some hardened entrepreneurs suggest spending a long time thinking about ...

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4 Entrepreneurs Explain What They Will Do to Prepare for the SuperBowl

The Superbowl is like a holiday. It’s one the most popular television shows and typically there is a huge amount of planning and preparation for the day of is very important to some entrepreneurs and business owners. While big brands are spending millions of dollars for advertising spots and recording and shooting commercials, local businesses are also doing similar preparation ...

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Pros and Cons of Franchising Your Growing Business

Franchising a small to medium sized business is a proven way to regionally expand, stabilize operations and take on strong competition. Many business owners want to franchise, but they are unsure about the proven benefits and potential drawbacks. Before any business owner decides to franchise, they should carefully review the following pros and cons. Expansion Benefits A franchise offers customers ...

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17 Entrepreneurs Explain How They Use Twitter for Business

Social Media is here and it is not going anywhere. Many brands focus on specific social media sites because of the type of updates they can make or the activity level of their target market. Twitter is no different and the microblogging site is used by entrepreneurs and business owners to promote brands, communicate with customers and to tell their ...

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Effective Tips for Keyword Research and SEO for Amazon Sellers

Keyword research is regarded as a fundamental part of the Amazon search optimization and it entails looking for all the relevant keywords meant for a product. Relevant keywords are nothing but the search terms which a customer would be using for finding your product on Amazon. Here are some valuable tips that you need to follow while doing keyword research ...

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Choosing the Best Freelancers for Your Team

As every seasoned manager and CEO knows that having the best mix of employees is what paves the way to success in the long run. No matter how good an idea you have, if you do not have the right employees to see it to completion then it is no good. Many organizations have gone on to hire freelancers. Freelancers ...

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5 Best Project Management Tools for Entrepreneurs

When you are at the starting point of your business, the number of tasks and daily items you have to cover on a daily basis quickly become overwhelming. Your first thought is usually to hire on some help, but without a clear-cut project management plan you’ll probably wind up hiring an expensive paper weight. Many entrepreneurs either wind up spending a ...

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