When buying existing businesses, be patient, never rush the process.

Buyer beware Be careful, buying existing businesses awareness might look good on the outside, but… It is good business to involve someone who is experienced in buying and selling businesses. Put your emotions to one side, be patient and exercise your right to examine every aspect. It is unwise to rely on sellers statements. Buyer…

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Business locations maatter.

Empty old buildings might be cheap but not suitable business? Business locations are probably the most critical factor in determining the success of many companies; studies have shown that poor location is among the chief causes of business failures. You must be willing to pay for a suitable location as the cost of the site…

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Decision-making beats the hell out of procrastination.

Is your decision-making impulsive, emotional or pragmatic? Proper decision-making is fundamental to your role as a business manager. You will have to make lots of them and in many cases without the benefit of all the facts. What you can do is minimise your careless decision-making. It is poor decision-making and procrastination, which puts the…

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Teamwork and cooperation should be more fun.

Attributes of a good team Think about this when team-building. Would you ever buy a car without a test drive, or reading the manual? A vehicle can have the highest ratings in the world, but until you feel comfortable behind the wheel, I would never invest. Why then do we engage people in an emotional…

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Be cautious when buying existing businesses

What are the fundaments of buying existing businesses? Be careful, buying existing businesses, they might look good on the outside, but… Buying an existing business can be a great thing. But the process can be daunting, especially if you’ve never been in business before. Or you are buying a distressed company in a drought, or…

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Economic Gardening programs are customised to each town or village

Economic Gardening programs are customised. Economic Gardening programs are tailored to address particular situations and to meet the community, business and personal objectives. Programs can be designed to meet goals for such things as: Creating and supporting small, micro, home-based and lifestyle business start-ups Creating new jobs Growing businesses and non-profit organisations already existing Improving…

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Don't start without business building criteria

Can you build a great business? Innovation is often the ‘catch cry’ of business building criteria, but it’s not the only thing. In building a great business, you must be patient. It can take you several years to learn all the ropes and put them into play so that they work well all day, every…

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Old business models need upgrading.

Business Models fundamentals When Business Models, like old machinery, cease to work well, don’t just forget them, do something about it. Business Models are not about magic or luck. Even old models can be made more useful. It takes an exceptional business model to work forever. If it’s broken and not working well all day…

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Content delivery must be relevant.

Alignment with your vision and objectives is key Your website and social media should always be ‘work in progress’, still being added to and updated as you grow and develop when your content delivery consistency counts. However, inconsistency issues creep in when content is written at different stages of your business cycle and by different…

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Building reality into your decision-making.

Will your toolkit take you to the future Be sure you are not running away from your problems because it is a race you’ll never win. While it’s never too late to start over, be sure you are doing it for the right reasons. Once start moving from your current reality and commit to building…

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