Selling online is a great subject to write about as it is constantly changing and evolving. Each month new start-up businesses bring in new ideas. There are lots of opportunities to improve your online business for B2B or B2C.
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Starting and running a business can be great fun and deliver rewards. Having been in business now over 40 years we've see some recurring patterns that can be indicative of a business in trouble. Many new starters in business will be recommended to read some book or blog site and can get bombarded with the great business platitudes that sound great and mean nothing.
There are many foundation issues to a successful business but I would like to cover just three I think most important, Products, Markets and Customers.
Understanding your business plan and continually re-assessing your business’s performance against that plan is a necessary, but often overlooked, part of managing a business. Your business plan forms the core of how you should track success in your business, so ensuring it is meaningful and relevant on a regular basis is critical.