Small Business Tips and Advice
« Previous Entries Next Entries »Perks and snags of running a virtual office
Saturday, January 6th, 2018Has the thought of running a virtual office ever crossed your mind? Whether this is the first you’ve considered it, or you’ve been mulling it over for a while, here are some pros and cons you should know before you make your decision. Perks of running a virtual office Reduced overhead. Running your small business with […]
Our favourite blog posts of 2017
Saturday, December 30th, 2017Best wishes from GoForth
Saturday, December 23rd, 2017From of all of us here at GoForth Institute, we wish our fellow entrepreneurs a festive and restful holiday season. We’re looking forward to exciting new things in 2018, and we hope the new year is wonderful for everyone – in small business and in life!
The components of a business model
Monday, December 18th, 2017As we discussed in our last post, a business model is a blueprint for the business, outlining how you’re going to run your business, and how you’re going to make money. It’s made up of five elements: Business concept Value chain position Calculating customer value Revenue sources and cost drivers Competitive advantage Let’s take a closer […]
The difference between a business model and a business plan
Saturday, December 9th, 2017When you’re getting ready to start your small business, you want to create as solid a foundation as you can – and that involves education and planning. You might have heard that you should start with a business plan, or a business model. That’s great! But what are they, exactly, and how are they different […]
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