Month: July 2019

How to Write a High Impact Mission Statement For Your Business - Tips to Consider
New Business Ideas

How to Write a High Impact Mission Statement For Your Business – Tips to Consider

- by Abigail Martinez

You have started your business and probably already know you need a mission statement for your company.Sometimes coming up with a descriptive and precise statement can be a daunting task.There a few important factors to consider when developing a high impact mission statement for your business.

Firstly, what is a mission statement and why is it important?The mission statement of your business is one or two sentences that specifically says how your organization invests its time in others.In other words, your mission is exactly what your company does on a daily basis to add something to the world.

The mission statement of your company will be publicly displayed so some creative thought needs to be put in to developing one.It should create a positive impression on whoever reads it and should also be used as a broad guideline on how you manage and run your company.If you have employees they …

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Business Strategies to Compete in the Digital Age
Business Plan

Business Strategies to Compete in the Digital Age

- by Abigail Martinez
Business Strategies to Compete in the Digital Age

The digital domain has become the number one trading place. Digital marketing is being increasingly used as a means of trading and communication for business owners, partners, and customers across all countries in the world. Therefore, as a business owner or marketer, you have a considerable opportunity to develop your business and network. Yet, as with the widening of global digital markets, it means that the number of your competitors also increases. Therefore, business strategy is an important thing that you must prepare and implement in order to face increasing competition.

The down side of this development is that not all business owners understand them, particularly conventional business owners. Many of them did not adapt to these changes and thus experience decreased turnover. The digital age, which should have become a wealth of opportunities, has actually turned and became a threat to them. To overcome this challenge, businesses, especially those …

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