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As an entrepreneur, you always strive for efficient use of your resources to achieve success. This is where the 80/20 rule can help you work smarter, not harder. This rule, also known as the Pareto Principle, suggests that about 80% of your results comes from 20% of your efforts. Here’s ...
The Pareto Principle, also known as the 80/20 Rule, states that 80% of what you achieve comes from 20% of your efforts. This is a fantastic rule to apply to your marketing plan to maximise your results. Try these 5 tips on how to apply the 80/20 rule to create ...
Since the first laundromat started in Texas in the 1930s, the laundry business has continuously evolved and thrived till this modern times. The business owners’ ability to change with the times ensured the industry's longevity.If you are a laundry business owner, you need to pay attention to these 5 major ...
Strategic business alliance is a great way for Small and Medium Enterprises (SMEs) to take their businesses to the next level. A good partnership can lead to market expansion, cost reduction, risk mitigation and growth through shared resources and expertise.It all starts with the meticulous process of setting up a ...
The business arena is akin to a battlefield. Strategic alliances can provide business owners with the winning edge.If you are a small business owner, your enterprise may benefit from forming alliances with strategic partners in these 5 areas:1. Opening-Up New MarketsSMEs can access the markets of their business partners. You ...