Failure is not something you will consider when starting a new business. But research also suggests, the failure rate for new startups within five years of their business is near to 50 percent. Most of the entrepreneurs follow all the golden rules of becoming successful. Nevertheless, there are a lot of reasons and causes behind an entrepreneur’s failure, and today ...

Starting a business can be overwhelming. Many entrepreneurs that have decided to take the plunge wind up struggling to answer a dozen different questions each day, and almost none of them have easy answers. Here are some common problems that you should consider before they arise. 1) Location Deciding where to set up shop can be tricky. You want to ...

Creativity is the root of innovations we see around especially in technology. A business that cultivates creativity is bound to fit in the business world and also grow at a high rate. It can be a challenge to maintain creativity each day but there are various ways in which you do it succesfully. We asked entrepreneurs and business owners how ...

Being viewed as an authority in your field is essential in helping achieve your business goals. It makes you visible by raising your expertise to become a center of prestige. Many small businesses continue to face challenges in getting their word out there to command respect and gain brand recognition. There are various ways one can get to this position ...

Referral groups are a proven way to expand your existing customer base. They are characterized by members commitment and highly-structured agendas which aim to maximise results in each meeting. Despite the benefits that come along with these groups, different people have diverse opinions about these groups. We asked entrepreneurs and business owners their thoughts on referral groups. #1- Yay, they’re ...

In today’s business world, it may become necessary for businesses to establish a franchise so as to expand. The decision to franchise comes with different roles and benefits for the parties involved. To succeed in franchising, each business involved must deliver its promise of offering high-quality products to its consumers. We asked entrepreneurs and business owners to share their thoughts on ...

When it comes to determining the right price for your products, several factors should be considered. You will want to eliminate costs that  result in setting the price too low while maximising your profit on sales for the products or services you offer. The right price is hence the most important decision you will have to make as a business ...

Full-time jobs can be rewarding, and so is a side hustle that is effectively implemented. It’s a great way to earn that extra cash to supplement your main source of income. Some of the side business can end up helping you become your own boss. So what do you need to know before starting that side hustle? We asked entrepreneurs ...

‘Success doesn’t come on a silver platter’ is a common saying that applies across every field. Often, there will be something to be attributed to your success be it financial, skills, human resources or anything else that helps foster your growth and success. It’s some of these things that make us say, ‘were it not for…. I would not be ...

Snapchat is a social media platform that small business owners and entrepreneurs can use in various ways. Its popularity continues to rise every day with its growing usage for business. Rescue a CEO asked entrepreneurs and business owners how they use snapchat for business. #1)- Involve our clients We use Snapchat to let our clients into our day to day ...